Quote:
Originally Posted by Kushan
And yet again you're avoiding the point I've raised.
Here's some news for you: Virgin Media only turned their first ever profit in 2012. The value of that profit? Just shy of £76Million. A far cry from your "£Bns of profit", no matter which definition of billion you use. They've been heavily in debt since the NTL/TW merger. Complain all you want about their prices, but they're not evil overlords raking in all of the money, not the way you're making them out to be. The truth of the matter is they need to charge these kinds of prices, not just to stay competitive, but to stay afloat and actually be able to invest back in the network.
The profitability of the company is a very recent thing indeed.
EDIT: I trust my above comment to be purely factual in nature. |
That doesn't comply with reports I have seen. If you are right and the respected sources on the internet are wrong, then I accept your word that profit is only £76m
. Only £76m...