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Voda to buy BSKYB |
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#1 |
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Inactive Member
Join Date: Apr 2007
Posts: 769
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Voda to buy BSKYB
Heavy rumours circulating coming in relation to vodafone are peparing a massive takeover of Sky. If this happens it would have huge implications for telephony and broadband in the uk.
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#2 |
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Join Date: Jan 2008
Posts: 6
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it would never happen, sky now broadcast as the main satellite provider in many countries across Europe now
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#3 |
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Inactive Member
Join Date: Apr 2007
Posts: 769
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Quote:
it would never happen, sky now broadcast as the main satellite provider in many countries across Europe now
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#4 |
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Inactive Member
Join Date: Apr 2007
Posts: 769
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#5 |
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Inactive Member
Join Date: Oct 2002
Location: Glasgow
Posts: 10,276
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Very possible considering Vodafone's recent expansion into cable TV in Germany.
Vodafone/BskyB Vs BT & Virgin Media (Liberty Global).... Interesting. |
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#6 |
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Join Date: Oct 2005
Location: UK
Posts: 3,291
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Very possible considering Vodafone's recent expansion into cable TV in Germany.
Vodafone/BskyB Vs BT & Virgin Media (Liberty Global).... Interesting. |
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#7 |
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Join Date: Mar 2013
Posts: 4,249
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Would make them the only true quad play. The other's use MVNO for mobile networks.
I could perhaps see this happening Vodafone want to increase there profits in there home country. |
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#8 |
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Join Date: May 2002
Location: Crystal Palace TX
Posts: 19,702
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Will the taxman be happy, I wonder?
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#9 |
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Forum Member
Join Date: Oct 2005
Posts: 4,342
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I think the possibility of voda buying BSKYB is not going to happen as I doubt Murdoch would give up a part of his dark empire, or that something is acoming for him after the hacking incident, he wants to liquidate etc.
But the merging of sky and voda could be a possibility. For example Sky go completely free on certain tarrifs over 4g etc. Sky already denied a mobile network is on the cards, so after its take over of O2 and Be internet providers maybe a merger with vodaphone could be an answer. |
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#10 |
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Join Date: Mar 2009
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BSkyB says it generated "considerable" tax revenue of £911m in 2011 – £337m through corporation tax and business rates and £604m of taxes through customers' VAT payments and staff's employment taxes. So that means a huge amount less to pay for schools, hospitals and other public services if Vodafone tax dodge if they buy BskyB.
The company reckons it generates £2.3bn in tax in total. |
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#11 |
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Inactive Member
Join Date: Apr 2007
Posts: 769
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So that means a huge amount less to pay for schools, hospitals and other public services if Vodafone tax dodge if they buy BskyB.
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#12 |
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Join Date: Mar 2009
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I am not so sure it will happen. I really hope that it doesn't
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#13 |
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Join Date: Oct 2005
Location: UK
Posts: 3,291
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So that means a huge amount less to pay for schools, hospitals and other public services if Vodafone tax dodge if they buy BskyB.
So what is Vodafone "dodge tax"? What they're doing is 100% legal. And how much did they pay for the 4G license? I mean, thats effectively a tax. If anyone here is at fault its the government for allowing such loopholes and being so damnably incompetent. |
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#14 |
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Join Date: Mar 2009
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Most of the money that the government receives is wasted on inane policies, massively inefficient social services, computer systems that go chronically over budget ...
So what is Vodafone "dodge tax"? What they're doing is 100% legal. And how much did they pay for the 4G license? I mean, thats effectively a tax. If anyone here is at fault its the government for allowing such loopholes and being so damnably incompetent. Computer projects cost money, some go extremely successfully (the ones you don't hear about) like the congestion charging systems for example. In industry many IT projects go wrong, it is a fact of the complexities involved. The company I work for has wasted millions in failed IT projects, but also had some very successful ones, it comes with the territory and a certain percentage failure is expected. Whether it is hospitals, schools, police, defense, benefits, whatever the money the treasury takes in goes to pay for public services or on the national debt. Vodafone is immoral by evading tax through loopholes, yes the government need to fix them but the problem is new loopholes are found. Most other corporations pay tax and only some, most notably one of Britain's top companies that is based in the UK is evading huge amounts of tax. All radio spectrum is finite, and as such we need to make sure it doesn't get wasted by not being used and we need a fair way of dishing out blocks for services the public use or indirect things it is needed for like ATC or industry. The fairest way is to charge and to allow people to compete for spectrum in an open market, that raises money. The companies then use the spectrum for services which generate them revenue and the public pays for that. Most tax is paid on profit not costs and spectrum is a necessary cost which is passed on to the consumer just like bandwidth or capex infrastructure cost when a business sets it's pricing structure. Nobody forced Vodafone to buy more spectrum than anyone else in the auction and it is worth money should they want to sell it. If Vodafone hadn't have bought it the spectrum could have gone to another bidder and is really irrelevant in the tax debate. |
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#15 |
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Join Date: Oct 2011
Posts: 216
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Make you laugh suppose to be in about 800 million in debt
Dodging paying tax and now want to take over Sky It could only happen in this country Hope it don't happen you sky bills will rocket up. |
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#16 |
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Forum Member
Join Date: Jul 2008
Location: West Yorks
Posts: 6,180
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Make you laugh suppose to be in about 800 million in debt
Dodging paying tax and now want to take over Sky It could only happen in this country Hope it don't happen you sky bills will rocket up. Companies take each over all the time and doesn't have an effect on the day to day charges. Did o2 prices go up when Telefonica take them over? |
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#17 |
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Join Date: Oct 2004
Location: Potterspury
Posts: 930
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Quote:
Right, lets tackle these one by one.
Computer projects cost money, some go extremely successfully (the ones you don't hear about) like the congestion charging systems for example. In industry many IT projects go wrong, it is a fact of the complexities involved. The company I work for has wasted millions in failed IT projects, but also had some very successful ones, it comes with the territory and a certain percentage failure is expected. Whether it is hospitals, schools, police, defense, benefits, whatever the money the treasury takes in goes to pay for public services or on the national debt. Vodafone is immoral by evading tax through loopholes, yes the government need to fix them but the problem is new loopholes are found. Most other corporations pay tax and only some, most notably one of Britain's top companies that is based in the UK is evading huge amounts of tax. All radio spectrum is finite, and as such we need to make sure it doesn't get wasted by not being used and we need a fair way of dishing out blocks for services the public use or indirect things it is needed for like ATC or industry. The fairest way is to charge and to allow people to compete for spectrum in an open market, that raises money. The companies then use the spectrum for services which generate them revenue and the public pays for that. Most tax is paid on profit not costs and spectrum is a necessary cost which is passed on to the consumer just like bandwidth or capex infrastructure cost when a business sets it's pricing structure. Nobody forced Vodafone to buy more spectrum than anyone else in the auction and it is worth money should they want to sell it. If Vodafone hadn't have bought it the spectrum could have gone to another bidder and is really irrelevant in the tax debate. I know I personally don't pay a penny more tax than I absolutely have to - and I expect the same goes for everyone else here too. |
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#18 |
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Join Date: Jul 2008
Location: West Yorks
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I know I personally don't pay a penny more tax than I absolutely have to - and I expect the same goes for everyone else here too.
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#19 |
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Join Date: Mar 2009
Posts: 14,577
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Yet everyone seems to think everyone else should pay as much as possible!
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#20 |
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Join Date: Jul 2008
Location: West Yorks
Posts: 6,180
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I'm happy to pay my fair share and I think everyone else should too, that's how we became a civilised country.
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#21 |
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Join Date: Aug 2001
Location: Destination: Hard Brexit
Posts: 6,369
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Vodafone buying BSky would be the biggest corporate disaster ever....and I'm not a BSkyB fanatic....
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#22 |
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Join Date: Jun 2006
Location: Wales
Posts: 4,554
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I'm happy to pay my fair share and I think everyone else should too, that's how we became a civilised country.
Can't say Voda avoiding tax annoys me that much as it's down to the government to close the loopholes. I'd probably do the same if I was Voda. Who wouldn't? After all, it isn't illegal. Tax evasion, on the other hand... |
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#23 |
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Forum Member
Join Date: Mar 2009
Posts: 14,577
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Whats a fair share though? For me, it's no more than I have to pay. I don't know of any loopholes that I could take advantage of.
Can't say Voda avoiding tax annoys me that much as it's down to the government to close the loopholes. I'd probably do the same if I was Voda. Who wouldn't? After all, it isn't illegal. Tax evasion, on the other hand... I would love to see a clampdown and as I say things like Vodafone not being able to use the taxation funded base stations from the rural broadband project and for the government to clearly say why so consumers know. Vodafone know they are taking advantage of loopholes and sailing close to the wind. I liked it when those protestors highlighted it and I wish we saw more publicity so that companies won't avoid tax because of reputation damage. Another idea is businesses that don't pay tax fairly should not be allowed to buy radio spectrum from a government regulator or should not have access to other government services that businesses use. Don't play fair in funding government services, lose access to government services, for example no access to the courts service for civil litigation originating from the company, no access to spectrum auctions, no access to taxation funded base stations, no access to government funding on business growth, no government contracts awarded to companies that don't pay tax fairly. That would soon change their minds. |
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#24 |
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Forum Member
Join Date: Oct 2004
Location: Potterspury
Posts: 930
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The problem is the loopholes being closed would impact legitimate companies unfairly in some cases, or would cause businesses to leave the UK and set up elsewhere unless other counties did it at the same time. It is an incredibly complex topic, but not all companies evade tax and I wish consumers would not use businesses that aren't helping to fund the state pension, or the health service whilst making big profits in the country. It is immoral and if most corporations pay tax then why do some cheat.
I would love to see a clampdown and as I say things like Vodafone not being able to use the taxation funded base stations from the rural broadband project and for the government to clearly say why so consumers know. Vodafone know they are taking advantage of loopholes and sailing close to the wind. I liked it when those protestors highlighted it and I wish we saw more publicity so that companies won't avoid tax because of reputation damage. Another idea is businesses that don't pay tax fairly should not be allowed to buy radio spectrum from a government regulator or should not have access to other government services that businesses use. Don't play fair in funding government services, lose access to government services, for example no access to the courts service for civil litigation originating from the company, no access to spectrum auctions, no access to taxation funded base stations, no access to government funding on business growth, no government contracts awarded to companies that don't pay tax fairly. That would soon change their minds. |
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#25 |
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Inactive Member
Join Date: Apr 2007
Posts: 769
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Quote:
Vodafone buying BSky would be the biggest corporate disaster ever....and I'm not a BSkyB fanatic....
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