UPCl running out of money!

Discussion in 'Digital TV - UK & Europe' started by printer43, Aug 25, 2009.

  1. printer43

    printer43 Member

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    Has anyone else heard the latest story doing the rounds about UPC having serious cashflow problems? If this were true, where would this leave cable tv in Ireland?
     
    printer43, Aug 25, 2009
    #1
  2. SG8

    SG8 Active member

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    Doubt it, rumours have been gone around like that about NTL Ireland, before UPC bought them over.

     
    SG8, Aug 25, 2009
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  3. shaneh

    shaneh Regular member

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    its a bloody recession! who doesnt have cashflow problems!
     
    shaneh, Aug 25, 2009
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  4. hadit2her

    hadit2her Member

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    Rubish i think. Now with the nag 3 implemented and unhackable (for short to medium term anyway) they have no probs getting investors. They are taking a longer term view and it is pushing their broadband packages along with TV package. they have a constant flow of money every month from their customers ....

     
    hadit2her, Aug 25, 2009
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  5. Crytpohx

    Crytpohx Member

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    UPC are a multi-million euro company, they have plenty of cashflow available.
     
    Crytpohx, Aug 25, 2009
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  6. tryabit

    tryabit Guest

    no its the customers running out of money trying to pay them
     
    tryabit, Aug 25, 2009
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  7. Gar316

    Gar316 Member

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    now that i would believe alright
     
    Gar316, Aug 26, 2009
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  8. hooter007

    hooter007 Regular member

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    sorry had to add this bit in but is it not in upec contract for the company that done the encryption if it is broke/cracked within 2 years they get there money back and a 6 figure payment/settlement??
    after all they got a lot of customers that left s*y and got the basic package,
     
    hooter007, Aug 26, 2009
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