Feeds

Virgin Media piles Cable and Wireless sandbags

Huffy manoeuvres

Top 5 reasons to deploy VMware with Tegile

Virgin Media attempted to win back some shareholder and media confidence late yesterday, by announcing a deal with Cable and Wireless to offer LLU ADSL for areas outside its cable network.

Virgin already has some ADSL customers off its own network, but an LLU(Local Loop Unbundling) deal is key to delivering a bundle at a price similar to cable. Virgin told The Reg that the deal won't be ready to offer access until the fourth quarter of this year.

In a regulatory filing in the US, also yesterday, Virgin said it had reduced the size of its board, burning one of the three seats controlled by William Huff, amid rumours of a power struggle between him and other large shareholders. The move resulted from a shareholder meeting in New York yesterday, where concerns that Huff held too much sway over the board were aired.

Huff, who holds under six per cent of Virgin Media, was the driving force behind the merger of NTL and Telewest last year. Huff now controls two seats, and Branson's 11 per cent stake one seat. Franklin Resources, the second largest investor, has no board member.

The Cable and Wireless deal has been bubbling for a while, but Virgin has had a tough couple of weeks, delivering poor results, being summoned by its largest sharholders, and generally taking a kicking in the press.

Virgin hopes that the tie-up, which runs until 2011, will help it retain customers when they move house off the cable network. Virgin has previously said it hopes to roll out IPTV to its Off-net customers so it can offer the full quad play of broadband, mobile, fixed line, and pay-TV to everyone. ®

Remote control for virtualized desktops

More from The Register

next story
You! AT&T! The only thing 'unlimited' about you is your CHEEK, growl feds
Man, we did everything but knock on their doors - carrier
The DRUGSTORES DON'T WORK, CVS makes IT WORSE ... for Apple Pay
Goog Wallet apparently also spurned in NFC lockdown
Watch out, Samsung and Apple: Xiaomi's No 3 in smartphones now
From obscurity to selling 19 million mobes a quarter
Brazil greenlights $200m internet cable to Europe in bid to outfox NSA
Only one problem: it won't make the slightest difference. And they know it
Wanna hop carriers with your iPad's Apple SIM? AVOID AT&T
Unless you want your network-swapping tech disabled for good, that is
Knocking Knox: Samsung DENIES vuln claims, says mysterious blogger is a JOKER
But YES, system does store encryption key on the device
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Managing SSL certificates with ease
The lack of operational efficiencies and compliance pitfalls associated with poor SSL certificate management, and how the right SSL certificate management tool can help.