Thread: Virgin Media in talks to possibly acquire City Fibre, for £3bn
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Old 19-03-2023, 13:31   #5
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Re: Virgin Media in talks to possibly acquire City Fibre, for £3bn
Quote:
Originally Posted by Pierre View Post
Not implausible, but i don’t see where the value is in that acquisition.

City Fibre is not just an Altnet, they’re also a carrier, with national core network acquired from Torch, that VM doesn’t need but would be priced in to any deal.

VM just needs the FTTP access network.

VM buying smaller Altnets where they don’t currently have a footprint makes more sense.
It would boost the number of broadband and TV customers, surely.
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