Reply to post: Re: Awaiting the whinging

BT suspends shareholder payments as folk forgo pricey sports TV deals for matches that won't happen anyway

Anonymous Coward
Anonymous Coward

Re: Awaiting the whinging

Actually no. Virgin Media was a lot more than NTL.

NTL was listed on NYSE. When it ran out of money badly in the early 2000s, it merged with Telewest, virgin.net and Virgin Mobile. At this point it was partly US, UK and Australian owned with a complex corporate structure. It was rebranded as Virgin Media in 2007 (I was aware of this because I was a Telewest subscriber, one of the first in the country.)

It was subsequently 100% taken over by Liberty, without the slightest government interest.

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