VMEDO2 - comment

If Virgin Media o2 (VMED) buys the consumer division of Talk Talk it will acquire 2.4m broadband customers, and we estimate a price of around £500m. Talk Talk currently uses BT Openreach. The transaction would put VMED on c8.5m subscribers, making it the second largest provider (behind BT Openreach). The transaction will prompt additional issuance if it happens. The impact on credit statistics will be minimal, with the temporary increase in leverage leading to lower dividends to the parent companies in the short term. 

www.datacenterdynamics.com/en/news/virgin-media-o2-and-talktalk-resume-takeover-talks-in-uk/

Aengus McMahonVMEDO2