The Company is a U.K. entertainment and communications business providing the first 'quad-play' offering of television, broadband, fixed line telephone and mobile telephone services in the United Kingdom.
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VMEDs most recent "good" news is that his has cut its losses for the last quarter. Yet is has consistantly underperformed, while its chief rival, BSY, has only taken a slight cut in its profits. With no new technologies, releases or other profit boosters on the horizon, the best it can hope for is to slowly curb its losses by gaining more subscribers. I expect VMED to continue to slip for at least a few more months