Tuesday, 5 February 2013
The right knight?
Fascinating
to see reports
that Liberty Global, the US-based cable company, may be about to bid for Virgin
Media. Having swallowed all its UK counterparts
to become this country’s sole cable operator, Virgin seemed to lose some of its
testosterone. While it may be winning on
the technology front, it often seems that Virgin fails to punch its weight in
other battles – either against its formidable rivals, BT and Sky, or against some
of the dafter ideas of the industry regulator.
Liberty’s chairman, John Malone, is well known for being a feisty
character, not least in his former confrontations with Rupert Murdoch. He just might be the man to help raise Virgin’s
game.
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