The end of the cable
There have been some very interesting global developments in the cable industry of late. It is reported that Vodafone may be considering buying Liberty Global International (UPC+Virgin Media). Cable&Wireless Communications have already acquired some of Liberty Global’s assets namely Columbus International.The question that must be asked is are the glory days of cable coming to an end? Eamonn Wallace chairman of IrelandOffline said: “Meanwhile here in Ireland UPC lost about 1,800 customers this quarter. While revenue and margins are holding up (for now), the real problem is this revenue is mainly driven by price increases and higher triple play penetration,...
