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Sky leads race for Virgin Media's VMtv - Venture Insights

Report Overview

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Sky leads race for Virgin Media’s VMtv

PublisherEnders Analysis.
Publish Date June 3, 2009
Sector FTA TV, Pay TV.
Company Sky Group, Virgin Media.

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According to press reports, Sky has lodged a bid of about £160 million for the VMtv content arm of Virgin Media (VMed), estimated to be 50-60% higher than other offers in the latest and final round of the bidding contest.

At TalkTalk Group (TTG) net broadband additions for the quarter were relatively strong, given likely market growth, probably due at least in part to reduced subscriber loss at AOL UK.

In our view cut-price business broadband, rather than IPTV, offers the best prospect of profitable revenue growth in fixed line.