A US investment bank analyst has suggested that Virgin Media could open its cable network to rivals, in a bid to capitalise on the next-gen broadband infrastructure.
Speaking to the Guardian, the unnamed analyst pointed out that: "Letting rivals use its wires for a fee makes commercial sense. And it could also keep the regulator off the company’s back."
Considering strategic options
Currently, Virgin Media has spent around £13 billion in bringing high-speed internet to the UK, dwarfing the likes of BT who announced recently it is to put £1.5