Tag: 上海后花园论坛

18 days agoNeville blasts Man Utd board: You get what you deserve

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Neville blasts Man Utd board: You get what you deserveby Paul Vegas18 days agoSend to a friendShare the loveManchester United legend Gary Neville says the club is in it’s current state due to the board.Neville launched a scathing attack on the United board following the Red Devils’ 1-0 defeat by Newcastle at St James’ Park. He said on Sky Sports: “They have cocked it up over many years. They have cocked it up. They have cocked it up, they are responsible for this. Poor recruitment, poor selection of, well managers, going with them and then pulling off them.”Van Gaal won the FA Cup and then they sacked him. Jose Mourinho they sacked him after two and a half years when they had given him a contract six months before.”They have pulled off managers in what would be the sort of thread of it and they have gone for completely different styles of managers in Louis van Gaal and Jose Mourinho.”They have now gone with Ole Gunnar Solskjaer, who has taken the club in a completely different direction again, and if you change direction as a board every two years and you invest £250million along the way in each manager you are going to have big problems.”And Manchester United are basically now getting the pain they deserve for poor decisions at board level.”Ole Gunnar Solskjaer needs to ensure that the clean up job that he is doing – which needs to be done because of the mess that’s gone before him – he needs to make sure that he actually gets the opportunity to spend that £250million that the others have got to spend so that he can have an opportunity.”There are things out there that I like. There are things that I liked from Jose Mourinho as well, I didn’t want him to be sacked, but there were things I liked out there today.” last_img read more

Experts weigh in on the federal investment into Alberta oil and gas

first_imgCALGARY (660 NEWS) – The federal government’s move to put a $1.6-billion action plan in place for the Alberta oil and gas industry has drawn the ire of a few critics, yet other experts believe the move will yield positive results. The energy sector doesn’t need handouts to help to “explore new markets”.It knows where the markets are. It has the product. It can’t get the product TO THE MARKETS.The Trudeau government’s solution? Here’s some corporate welfare for green energy!#facepalm https://t.co/j7qesnmIB1— Aaron Wudrick (@awudrick) December 18, 2018 Take Our Poll Albertans have been clear.I have been clear. We need to get our resources to market.And we need Ottawa to take the handcuffs off.Ottawa’s announcement today is a step, but there must be many, many more steps.#KeepCanadaWorking #FightingForYou pic.twitter.com/9rl7paAoNh— Rachel Notley (@RachelNotley) December 18, 2018“Even if Justin Trudeau had announced that he was going to buy locomotives and tanker cars, I am not sure that would have satisfied people. The problem is big and the solutions are much longer term,” said Political Scientist at Mount Royal University Lori Williams.She added the federal government has waited for so long to make this move that anti-Trudeau sentiments began to fester. “They waited quite a long time for something that probably could have been put in place earlier. They could have forestalled this growing momentum of anti-federalist sentiment had they been a bit more decisive earlier on.”But Williams does predict at least some benefits. “I think it will probably move things in a positive rather than a negative direction.” Williams argues the federal government is acting like a bank, offering investment with the expectation of return.READ MORE: Ottawa confirms over $1.6-billion to help the struggling oil and gas sector She looks at some of the moves already being made to help the price of oil, such as the Alberta government’s curtailment of production as a sign that this type of action could work.“There’s absolutely no question that it can have significant impacts, certainly in the short-run. A lot of the solutions that both the federal and provincial governments are looking at are a bit longer term.” Williams believes we won’t know the full effects of this move for a few months. — With files from CityNews What do you think of the Trudeau government’s $1.6-billion support package for oil and gas companies?It’s greatIt could have been betterIt’s terrible and won’t helpVoteView Resultslast_img read more

Klopp wary of Allianz Arena return with Liverpool

first_imgMunich: Jurgen Klopp brings Liverpool to Germany to resume their battle against Bayern Munich with the hosts billing Wednesday’s Champions League last 16 return leg as an all or nothing showdown. After a goalless draw at Anfield in the first leg three weeks ago, everything is to play for at Munich’s Allianz Arena. Klopp knows what awaits his Reds in the highly-charged arena where Bayern tend to raise their game and away teams face a barricade of whistles whenever they touch the ball. Also Read – Dhoni, Paes spotted playing football together “The four goals are all well and good,” said Klopp after Liverpool’s 4-2 win on Sunday at Burnley, with Roberto Firmino and Sadio Mane both scoring twice. “But what does that have to do with Munich? It will not be so easy to score four goals there as well.” The 51-year-old has a modest record of nine wins, five draws and 16 defeats in 30 games against the Bavarians — as coach of either Liverpool or former clubs Mainz and Dortmund — dating back to 2004. Also Read – Andy Murray to make Grand Slam return at Australian Open However, in his seven seasons with Dortmund, between 2008 and 2015, Klopp managed an impressive four wins, plus a draw and four defeats, from nine games in Munich. He tasted victory on his last visit to the Allianz Arena in April 2015 when Dortmund beat Bayern on penalties in the semi-final of the German Cup. Klopp knows that his team must walk tall at Bayern’s home. “It’s a much more positive moment for Bayern. They are top of the table and winning games comfortably again,” Klopp told Liverpool’s website. Bayern have hit form, winning their last three games with a goal ratio of 12-1 since the first-leg draw. “But if we are at our best, we can be exceptional.” Liverpool fans hope Reds’ striker Mo Salah has a red-letter day in Munich after just one goal in his last eight games. His lack of goals has not stopped Liverpool staying in contention for the Premier League title as Mane and Firmino have filled the breach. The Liverpool match is seen as a season-defining tie for the German champions. The five-time winners last failed to get through the last 16 stage in 2011 and confidence is high after they moved into top spot in the Bundesliga at the weekend for the first time since September. “It’s a very important game – everything is riding on this,” said sporting director Hasan Salihamidzic. “The boys have put some more self-confidence in the tank,” he added after Saturday’s 6-0 mauling of Wolfsburg. Bayern will be without the suspended Thomas Mueller, but James Rodriguez will slot seamlessly into the attacking midfield role. Like Klopp, the Colombian expects a red-hot atmosphere having proved his form with a stunning goal at the weekend. “The fans will get right behind us and drive us on, so that we feel good and give our all,” Rodriguez told Bayern’s website. “We will have to put in the perfect match in order to go through. “Liverpool have quick players, who feel good when they get a lot of room, but I think we have every chance to go through.” German bookmakers agree and have made Bayern the slight favourites. The tie needs no added spice, but Jerome Boateng and Mats Hummels are still smarting after Germany coach Joachim Loew told them, along with Mueller, that their international careers are over. The centre-backs will have a point to prove against Liverpool. At the other end, the Reds’ Dutch defender Virgil van Dijk will have to subdue Rodriguez and Bayern’s record-breaking striker Robert Lewandowski. The Poland hot-shot became the Bundesliga’s top-scoring foreigner on Saturday when he extended his tally to 197 goals. So eager is Bayern head coach Niko Kovac to protect his forward that Lewandowski trained on his own on Monday as heavy snow fell in Munich. “You need to be smart and more than 100 percent ready for anything,” Van Dijk told UEFA.com on countering the threat of Lewandowski, who scored eight goals in the group stages. “If he’s trying to run at you, trying to get past you, you need to be ready for that as well. “You don’t need to give any opportunities to those strikers because they will punish you and they will score.”last_img read more

Nearly half a million in funding to Save TCI Iguanas

first_img Related Items:#DarwinPlusProject, #magneticmedianews, #saveTCIiguanas Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, April 11, 2017 – Providenciales –A “Saving the Iguanas of Turks and Caicos” project has been launched to protect the native species of the island.  The three-year Darwin Plus Project, whose main objective is to further the conservation of the rock iguanas and other native reptiles to secure a future for these unique and highly threatened species, had its grand launch this past Friday at the Opus Conference Centre.  The organizers of the project have established partnerships with six organizations to achieve their goals. They are: Royal Society for the Protection of Birds (RSPB), UK; Turks & Caicos National Trust; Department of Environment and Coastal Resources; Department of Agriculture; San Diego Zoo Global, USA and Big Ambergris Cay Facilities Ltd. The organizations will work together initially to design bio-security for Little Water Cay and Big Ambergris Cay. The second phase of the project will focus on implementing necessary actions resulting from the findings, following the bio-security surveillance activities in phase one.  Steps taken will also ensure rats, feral cats and other potential harmful species do not become established and threaten the iguanas and native reptiles. The Darwin Plus Project will last for 3 years and costs £370,000 or $460,000 USD. It is said that £200k will come from Darwin and £170k match funding is provided by RSPB and San Diego Zoo Global.Story by: Sheri-Kae McLeod#MagneticMediaNews#saveTCIiguanas#DarwinPlusProjectlast_img read more

First Annual Wilmington Tennis Open To Be Held On August 11

first_imgWILMINGOTN, MA — The Friends of Wilmington Tennis is holding the First Annual Wilmington Tennis Open on Saturday, August 11, 2018 at the Wilmington High School courts.There will be two categories — adult doubles (high school grads & older) and junior singles (grammar school to high school seniors). Players must be able to keep score, serve, and bring a can of new hardcourt/extra duty tennis balls.Registration costs $20. All proceeds to benefit the Friends of Wilmington Tennis.Registration form can be found HERE. Email your information to friendswtennis@gmail.com.Tournament directors include Matt Hackett, Rob Mailey, and Kathleen Reynolds. Call 978-729-3600 or email friendswtennis@gmail.com with any questions.The event’s rain date is Sunday, August 12, 2018.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… Related2nd Annual Wilmington Tennis Open Set For August 10In “Sports”5 Things To Do In Wilmington On Saturday, August 10, 2019In “5 Things To Do Today”Wilmington High School To Administer PSAT Exam On Saturday, October 19In “Education”last_img read more

Sun Pharmas profit drops 30 over compliance costs lower sales

first_imgIndia’s largest drug-maker Sun Pharmaceutical Industries Ltd reported a 30% slump in quarterly profit on Saturday, 7 November, as sales in most of its markets fell and costs related to fixing compliance issues continued to hurt.In the company’s largest market, the United States, Sun Pharma’s sales in the quarter ended September were down 28%, which the company attributed mainly to increasing competition and a supply crunch at its Halol manufacturing plant in India.”Halol” was a key contributor to Sun Pharma’s sales, but in September, the US Food and Drug Administration (FDA) outlined a number of problems with manufacturing processes, and the company has since been working on remediating those.However, its profit has been hit for a few quarters as it had to restrict supply, and has not been getting US approvals to launch any product made at the Halol plant.The company’s Managing Director Dilip Shanghvi sought to assure analysts on a conference call on Saturday evening that remediation efforts were on track, though they aren’t yet complete, so the USFDA has not been invited for a re-inspection.”We are keeping (the FDA) updated on the progress at the agreed frequency. I think the things we have promised or assured the FDA, we are addressing,” he said. The company has not received any feedback from the FDA, he added.Halol is one of several Sun Pharma plants undergoing remediation. Five of its other plants — most of which it got as part of its acquisition of Ranbaxy Laboratories Ltd last year — are under an FDA import ban ever since the agency found a series of quality control issues at the plants.Shanghvi said the “full value” of the Ranbaxy deal would be realised by 2018.Apart from generics, the company is developing a drug to treat “psoriasis”, which is in Phase 3 clinical trials and expected to be filed for US approval in 2017.Sun Pharma reported a July-September net profit of Rs 1,107 crore ($167.4 million), down from Rs 1,572 crore a year earlier. Analysts, on average, were expecting Rs 1,308 crore, according to Thomson Reuters data.Total revenue was down 15% as sales across the countries it operates in fell. India was the only exception, where sales rose a marginal 1%.The company said currency volatilities and a decision to reduce its presence in some less-profitable areas hurt its sales in emerging and other markets during the quarter.last_img read more

Two abducted one returns

first_imgMap of RajshahiUnidentified miscreants have allegedly abducted two college teachers from Charghat upazila of Rajshahi on Saturday afternoon. One of the teachers returned his home in the evening while other remains missing, their relatives said.The victims, Bazlur Rahman, lecturer of political science of Charghat Dakra Degree College, and Shafiqur Rahman Ujjal of the English department of the same college, were picked up at around 11 am while they returning home by motorbike.Eyewitnesses said they were intercepted by another motorbike in front of Anupampur High School while several other persons in a microbus picked them up. The microbus then whisked them off towards Charghat upazila sadar.Bazlur Rahman later returned home in the evening as the abductors left him at Dashuriya of Pabna district. Bazlur said, he couldn’t recognize the abductors and doesn’t have any clue as to why they were picked up.Law enforcers have denied any involvement in the incident.Officer-in-Charge of Charghat police station, Nazrul Islam told Prothom Alo that they know nothing of the incident. But the police is now searching for the abducted teacher.Deputy commander of RAB-5 Ashraful Islam also denied that they conducted any such operation. The force is also looking for the whereabouts of the teacher, he claimed.last_img read more

Juba Dal leader abducted shot in both legs

first_imgBachchu Rahman, president of Rajshahi’s Mohanpur upazila unit Jubo Dal takes treatment at hospital in Rajshahi on Wednesday. Photo: UNBMiscreants abducted a local Juba Dal leader in Rajshahi’s Mohanpur upazila and shot him in his both legs, reports UNB.The victim Bachchu Rahman, is president of Mohanpur upazila unit Jubo Dal, the youth wing of BNP, and son of Lokman Ali of Soipara village in the upazila.Locals said a group of miscreants picked Bachchu up in a microbus from the Rajshahi-Naogaon highway in his area in the afternoon.They took him to Achinghat in Bagmara upazila where they shot him in both begs before leaving the spot.Locals rescued the bullet-hit Juba Dal leader and took him to Rajshahi Medical College Hospital.Contacted, officer-in-charge of Mohanpur police station Abul Hossain said he was unaware of the incident.last_img read more

Full Show Steel And Aluminum Tariffs And Rice University President David Leebron

first_imgOn Friday’s Houston Matters: Rural sheriffs say safety and security are among their top concerns with the planned bullet train connecting Houston and Dallas. News 88.7’s Gail Delaughter brings us the latest on the project.Then, hefty tariffs on U.S. imports of steel and aluminum are prompting a backlash from major trading partners. What could this mean for Greater Houston’s economy? Two guests join us join us to lay out the potential effects of these tariffs on the local economy: Ed Hirs is an economics lecturer at the University of Houston and Loren Steffy is columnist for EnergyVoice.com.Also this hour: Rice University President David Leebron answers your questions about his institution. Then, our non-experts discuss The Good, The Bad, And The Ugly of the week’s news. And we preview the 14th annual Houston Jewish Film Festival.WATCH: Today’s Houston Matters 360-Degree Facebook Live VideoWe offer a free daily, downloadable podcast here, on iTunes, Stitcher and various other podcasting apps. This article is part of the Houston Matters podcast Sharelast_img read more

United Way of Central Maryland Hosts Event Connecting Homeless to Services

first_imgBaltimore Mayor Stephanie Rawlings-Blake addressed the event.Baltimore – Baltimore Mayor Stephanie Rawlings-Blake was on hand to kick off the United Way of Central Maryland’s Project Homeless Connect Sept. 24.“I want to thank you from the bottom of my heart for taking time from your day to help Baltimore’s most vulnerable citizens,” Rawlings Blake said, addressing the hundreds of volunteers who milled around in white T-shirts. “A lot of people say that they care. Far fewer actually show up and do the work to demonstrate their compassion for their brothers and sisters in our city.”The United Way of Maryland’s fourth Project Homeless Connect helped the area’s homeless tap into more than 150 services.This was the fourth year for the event, which was held at the Baltimore Convention Center.Volunteers were matched with homeless adults or homeless families to help them take advantage of the more than 150 services available at the event. There were stations where participants could have photo identification cards made and obtain dental care, housing information and legal services. There was also a huge table full of necessities like water bottles, granola bars, toothbrushes and razors – all for free. Organizers said they planned to host 2,000 volunteers. Shamda Yates was among one of the many people waiting to have their teeth examined and take advantage of the other offerings. She said she came looking to make a positive change in her life. “It was important to me because I really need my ID,” she said. “I just changed my life, so I’m trying to get a job…I’m trying to do some things in life.”last_img read more

Tennessee State Opens Coding Hub For Black Schools

first_imgBy TRAVIS LOLLER Associated PressNASHVILLE, Tenn. (AP) — Tennessee State University is opening a hub for computer programing and app development that will serve historically Black colleges and universities across the country.To kick off the effort, leaders from 14 schools met at TSU’s new National Center for Smart Technology Innovations in Nashville this week to develop apps that solve real-life challenges.In this Friday, July 19, 2019 photo, Ahmad Richardson participates in Tennessee State University’s coding and app development initiative, in Nashville, Tenn. The school aims to be a hub for coding and app development at the nation’s historically black colleges and universities. (Aaron Ingram/Apple via AP)Morehouse College’s Monique Earl-Lewis called the experience “mind-blowing.” The Africana studies professor said she was doubtful she would be able to learn coding but now considers herself an app developer.Apple is supporting TSU with equipment, scholarships and professional development to help launch the initiative.TSU President Glenda Glover said in a news release that the program will equip people of color, especially TSU students.last_img read more

Govt to come up with Jagannath temple in Digha

first_imgKolkata: Chief Minister Mamata Banerjee on Thursday announced that the state government would construct a Jagannath temple near Jagannath Ghat in Digha, which has already emerged as a major tourist destination.Banerjee was speaking at the administrative review meeting in East Midnapore. The Jagannath temple would be set up in the district along the footsteps of the temple in Puri, where large numbers of devotees congregate to offer their prayers. Also Read – Rain batters Kolkata, cripples normal life”We are going to construct a temple at Jagannath Ghat in Digha, similar to Puri. The ghat would also be renovated. The Jagannath temple that we see in Puri had been constructed many years ago. We are developing a temple here keeping it in mind,” the Chief Minister said. She instructed the state Tourism department to prepare a Detailed Project Report (DPR) after discussing the matter in detail with the district administration. It may be mentioned here that after coming to power, the Mamata Banerjee government had taken up a beautification drive in the beach town and along the sea shore. Since then, the footfall of tourists in Digha and other beach towns in the district has gone up significantly. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedDuring her meeting with the administrative officials, Banerjee inquired about the latest status of the 3 marine bridges which she had proposed 3-4 years ago. The officials told her that the construction of two bridges would be started within one year, while the third one would take some time. The Chief Minister advised the Public Works Department (PWD) to start all the three projects simultaneously. She instructed the government officials to expedite the project. Banerjee announced that construction of the International Convention Centre at Digha would be completed within the next two months. She laid a great emphasis on the cleanliness of the place. She instructed the local administration to consider if the local Nuliahs (sea divers) can be inducted under the 100 days work scheme to maintain cleanliness of the beach town. “Digha has emerged to be one of the key tourist places in the state. A large number of people visit the place every day. Maintaining cleanliness must be the top priority. The Nuliahs who act as civic defense workers during any incident, can be engaged in two shifts for maintaining cleanliness,” she added. She also expressed her dissatisfaction over the overdue wages of the Nuliahs. She wanted to know from the administrative officials why they have not been getting money since September. They get a wage of Rs 300 per day and they work 25 days a month. “Those who save the lives of others risking their own, are not getting their wages. They should be brought under the Swasthya Sathi scheme. Take necessary steps to disburse their dues on immediate basis,” Banerjee told the district administration. She also stated that Tajpur port will be constructed at an estimated cost of Rs 12,000 crore, where various other ancillaries would come up, creating job opportunities. A fund of Rs 17,000 crore has already been invested for various projects in the district, while many others worth nearly Rs 8,600 crore are in the pipeline. She also inquired about the various fishery development schemes that are being run in the district. She proposed to set up a fish land bank and marketing centres where the fishermen can sell their catches. In reply to a question posed by state Transport minister Suvendu Adhikari, the Chief Minister asked the Home Secretary to expedite the investigation into the disappearance of people from Nandigram that took place during the Left Front regime. The CID has been investigating the case.last_img read more

Tim Davie Profit and revenue have declined at BBC

first_imgTim DavieProfit and revenue have declined at BBC Worldwide in the wake of the sale of a chunk of the BBC America cable channel.The absence of a chunk of revenue from BBC America, 49.9% of which was sold to AMC for US$200 million (€180 million) earlier this year, caused the year-on-year revenue and profit reverses the commercial arm of the BBC said this morning.Headline 2014/15 revenues of £1 billion (€1.4 billion) were down 3.9% and headline profit decreased 11.9%, taking the annual total to £138.6 million. Worldwide said the declines were caused by the absence of BBC America revenues for most of the second half of the year.Comparing like for like revenues across its ongoing operations, it said there was a 0.4% increase in the £948 million recorded, and a 4.1% hike in profit of £127.1 million. Digital sales, advertising revenue across its channels and the contribution of UKTV were cited as key drivers.BBC Worldwide CEO Tim Davie said the AMC-BBC America deal “significantly enhanced future prospects for our BBC America channel, while also enabling us to boost shareholder returns for the year”.The proceeds of the AMC deal helped Worldwide generate a record amount of cash for the BBC, with an annual increase of 30.3%, taking the return to the Corporation to £226.5 million. Worldwide also contributed a greater amount in commissioning spend, becoming a production or distribution partner on various BBC shows, and in turn funding, or deficit-funding, a chunk of their budget.Reacting to the 2014/15 annual report, which was published today, BBC director general Tony Hall (pictured left, above) said it was a year of “positive progress at BBC Worldwide” against a “backdrop of market transformation that presented some challenges”.Hailing Worldwide the most successful commercial arm of any pubcaster in the world, he added that the Corporation wants it to return a cumulative £1 billion across the next five years.“Although commercial returns are a small part of the BBC’s funding mix, we are nonetheless determined to maximise their impact,” Hall said. “Therefore, looking ahead to the next phase of the BBC’s development, and a new charter period, it is the board’s aim to sustain annual financial returns at around this new level, even without the one-off benefit of BBC America proceeds.“We are therefore looking to BBC Worldwide to generate around £1 billion in returns for the Corporation in the five years starting from 2014/15 – an increase of almost one quarter on the previous half-decade.”Tim Davie (right) said that the business had “taken steps to drive innovation and underpin the sustainability” in the 2014/15 reporting period including investing in indies and relaunching its channel offering. “This is essential work in the context of a global media market undergoing structural and systemic changes, some of which constrain our trading and outlook in certain areas,” he said.In its last report, Worldwide reported a downturn in US sales. In its latest annual update said digital sales eclipsed linear for the first time in North America. Overall regional sales were £299.9 million compared to £342.5 million a year earlier. Profit was £32.9 million against £44.3 million across the same period.In the UK, headline 2014/2015 sales were £361.8 million compared with £362.2 million a year earlier and profit was £52.7 million against £56.2 million.There was growth in terms of Worldwide’s Australia and New Zealand business with 2014/15 revenues of £81.9 million compared to £76 million in 2013/14. Profit was £16.3 million against £13.3 million a year earlier.last_img read more

Liberty Global CEO Mike Fries Liberty Global rema

first_imgLiberty Global CEO, Mike FriesLiberty Global remains committed to the UK market and remains confident about its long-term growth prospects despite hitting a “speed bump” that had contributed to share-price volatility recently, according to president and CEO Mike Fries.Speaking to investors at the company’s annual shareholders meeting, Fries said that after averaging 20% return on equity for the last eight years, “there has been more volatility in our share price than we’re used to and like you we do not like it”.Fries said that some of the volatility was related to the UK market. He said Virgin Media had outperformed the sector, but that it had not met expectations for various reasons.Fries said the conditions that had led to the business delivering a positive return largely continue to exist today “with the exception of Brexit, of course…and movements in inflation and consumer discretionary income”.He said that shareholders had got “a little skittish” about the UK market. He said that the business continued to grow, and this is what investors should focus on. He said that Liberty Global was a relatively heavily leverged business, which contributed to shares volatility on the downside as well as on the upside.“We are about creating value over the long term and…nothing has changed our view,” he said. He said he believed the UK remained a healthily competitive and “rational” market.“I would characterise this as a speed bump,” he said, rather than a major obstacle to growth.Answering a question on Brexit, Fries said that there had been “no direct impact as such” but that the economic indicators were moving possibly in the wrong direction to some extent, with inflation up and discretionary spending down. He said Liberty wanted to “give people more for more”, increasing prices as it improved its offering.Fries said that Virgin Media is “not hunkering down or playing defence”. He said it was investing in products and delivering higher speeds, was investing in quad-play through building a substantial mobile play, was focusing on realising efficiency and “most important, expanding our footprint” to reach an additional homes.Fries said that there had been good results through to the end of Q1 from Project Lightning, the Virgin Media network expansion project, with higher RGUs and new customers.Fries said that Liberty Global had “retooled” the project following problems that had let to the number of homes connected being overstated at the start of this year, and changed management where necessary, as well as revising the company’s go-to-market approach. He said that penetration in new build areas was meeting expectations.Fries said that Liberty Global has continued to grow in other European markets.Referring to Liberty’s plans in the Latin American and Caribbean market, where it has acquired Caribbean operator CWC, Fries said that the company had revamped CWC’s management and turned things around quickly. He said he was still hopeful that the overall Latin American business could be spun off by the end of this year. The company is currently traded via a tracking stock.Fries said that there would be considerable opportunities to grow in the Latin American and Caribbean region through acquisition, and having a separate stock market listing would enable this. He said that there would nevertheless be close cooperation between the Latin American business and Europe, particularly over things such as procurement.Answering a question on CWC, Fries said that “the business that was handed over to us” wasn’t quite as promised, and Liberty had to restate some of its accounts. “It is a complicated business. We love the underlying opportunity,” he said, in a region with low broadband penetration.Fries said that Liberty had always been focused on creating long-term shareholder value, despite short-term issues.He said that Liberty was capable of innovating at a speed that would keep it ahead of the competition. He said Liberty Global was on track to continue delivering cash after 48 straight quarters of continued cash-flow growth.last_img read more