Comcast Interested in Buying Virgin Media?

So says a report in London’s business freesheet daily CityAM, citing sources: Comcast is among the interested suitors/bidders for UK’s cable giant Virgin Media, along with Time Warner and others, the report says (PDF of the newspaper is here and the story is on page one). Virgin Media head Steve Burch worked at Comcast for 17 years. If Comcast does end up buying it, there will be lots of interesting digital media implications as well.

The 11 interested bidders, most of them PE firms, have been told to file indicative offers by 8 August when Virgin Media issues its Q2 results.

loading

Comments have been disabled for this post