Virgin Media exaggerates its cable network expansion

Well, well, well. The Daily Telegraph reports that Virgin Media launches investigation and suspends staff over exaggeration of cable network expansion.

The Telegraph report says,

The company discovered evidence that 142,000 homes and businesses in line to be connected to its network required more work than it had previously reported.

Liberty Global [owners of Virgin Media] had believed construction work to lay new cables was substantially complete and that the new lines only required power and plugging into its street cabinets, work it told investors would be complete in the first quarter of this year.

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