Broadband battle as Virgin sells for £15bn
A new broadband battleground could be the result of the takeover of Virgin Media by the American giant Liberty Media. Analysts have already predicted that Liberty's boss, the mogul John Malone, will use the deal to take on his rival Rupert Murdoch.
But does that mean UK consumers will emerge as winners? Ernest Doku, telecoms expert at uSwitch.com, thinks not. "It's unlikely to have any real impact on UK customers – at least not for now," he said.
"The Virgin Media brand will still exist, so it's likely to remain business as usual for consumers, although there are hints of improving the customer offering."
Virgin Media, founded by Sir Richard Branson, who retains a 3 per cent stake, has built its business by flogging bundled services, but it is its superfast fibre offering that has given it a leading position in the broadband market.
For that reason the takeover could yet prove to bring good news to UK consumers, said Dominic Baliszewski, telecoms expert at broadbandchoices.co.uk. He predicts better pricing and better services for customers.
"The Virgin Media buyout is hugely exciting for the telecoms market," he said. "It already has one of the most advanced broadband networks in the country and with new and ambitious owners the business could progress even further, providing more cutting-edge products."
- 1 Asteroid nine times the size of the QE2 liner to sail pass Earth
- 2 Notes from a small island: Is Sealand an independent 'micronation' or an illegal fortress?
- 3 British business: We need to stay in the EU - or risk losing up to £92bn a year
- 4 You thought Ryanair's attendants had it bad? Wait 'til you hear about their pilots
- 5 It’s official: thanks to Stephen Hawking's Israel boycott, anti-Semitism is no more
BMF is the UK’s biggest and best loved outdoor fitness classes
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Win anything from gadgets to five-star holidays on our competitions and offers page.
iJobs Money & Business
£550 - £600 per day: Orgtel: Fidessa Analyst / PM - Banking - London - Up to £...
£450 - £500 per day: Orgtel: Sourcing Manager - Banking - London - Up to £500p...
To be discussed at interview.: Queen Elizabeth's School: An experienced and ef...
£294.05 - £330.92 per day + 150 per day travel and accommodation: Orgtel: A le...
Day In a Page
A five-bedroom bungalow in Hoveton with riverside garden and mooring dock, £550,000
A refurbished one-bedroom flat with south-facing reception and high ceilings. £579,950
A four-bedroom Grade II-listed house in Nazeing with large gardens. £550,000
A modern four-bedroom house in a converted stable within walking distance to Peckham Rye. £695,000
Three-bedroom house in a quiet residential area within close distance to Battersea Park. £450,000
A three-bedroom cottage within commuting distance of London, Norwich and Cambridge. £250,000
A two-bedroom cottage with a sun room and gardens in South Chard. £350,000.
A three-bedroom semi-detached house with original features including fireplaces and wooden flooring. £399,950
A modern two-bedroom flat split across two floors and close to several public transport links. £595,000
A one-bedroom flat with an open-plan reception/kitchen and private balcony. £315,000.
A bright two-bedroom garden flat between South Acton and Chiswick Park. £499,950.
A listed four-bedroom farmhouse with stables, set in four acres. £500,000.
A three-storey family home with four bedrooms and an extended kitchen/diner. £995,000.
A three-bedroom Hamstone cottage in the rolling Somerset countryside. £430,000.
A luxury one-bedroom apartment on the first floor of a converted Victorian house. £425,000.
Three-bedroom semi-detached house with private parking and a rear garden. £249,995.