2004 - A Transforming Year for CVC
- Preparing for Significant Realignment of Assets
- Asset Realignment will Provide Investors with Two Clear Choices:
CVC
- Fully Rebuilt Digital Network
- Steady Returns on Prior Investments
- Declining Capital Requirements
- Achieving Free Cash Flow
NewCo
- HD Focused DBS Business Plan
- Strong Asset Base Includes National Networks
- Adequately Capitalized
- More Speculative