Investment bank Morgan Stanley has issued a report on Ziggo that states the Dutch cabler is well positioned for strong growth. “Ziggo has three structural strengths: its asset and business model, its growth profile, and its ability to convert top-line growth into growing free cash flow and returns,” the bank stated.
Key growth opportunities for Ziggo lie in the areas of TV Everywhere initiatives, mobile data services and corporate customers, Morgan Stanley said. It forecasts that Ziggo’s revenues will increase 5.1% between 2011 and 2014. Within that total, revenues from TV services will increase 3.3%.