Cable Forum - Virgin Media's quarterly and full year results.

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- - Virgin Media's quarterly and full year results. (https://www.cableforum.uk/board/showthread.php?t=33685423)

richard1960

08-02-2012 09:55

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by denphone (Post 35378005)

True but its is the customers who gives it its revenue and profits and without them any company would be up the creek without a paddle.:)

:clap::clap::clap: Aboslutely denphone a business without customers would not be a buisiness for long.! No good answering to the stock exchange with a nil customer base mate *(example only).;)

---------- Post added at 09:55 ---------- Previous post was at 09:53 ----------

The figures look pretty ok though this time around and VM look to be doing ok.

muppetman11

08-02-2012 10:01

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by New to cable (Post 35378024)

Skynews has just said ( Literally 1 minute ago) that Virginmedia are creating 600 mostly call center jobs due to demand for its services.

No mention of the closing of Albert dock though, that's going to leave a sour taste for a few Albert dock employees.

http://mediacentre.virginmedia.com/S...jobs-2357.aspx

richard1960

08-02-2012 10:06

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by New to cable (Post 35378024)

Thats very good news VM are obviously doing something right.!

The jobs will be UK based which is excellent news,the very sad news which i guess companies tend to bury on an otherwise good news day, is the job losses at Albert Dock and all those staff already trained about to lose their jobs.

Tim Deegan

08-02-2012 10:12

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by New to cable (Post 35378024)

Did it say that they would be in the UK, or overseas?

Lets hope they aren't overseas, for the sake of both jobs in the UK, and also for the sanity of customers.

muppetman11

08-02-2012 10:16

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by richard1960 (Post 35378039)

I would agree Richard just what the UK job market needs. :)

Tim Deegan

08-02-2012 10:16

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by richard1960 (Post 35378039)

That doesn't make sense at all. It's far cheaper, and more effective to use trained staff, than to take on 600 new staff.

devilincarnate

08-02-2012 10:16

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by Tim Deegan (Post 35378043)

Did it say that they would be in the UK, or overseas?

Lets hope they aren't overseas, for the sake of both jobs in the UK, and also for the sanity of customers.

Quote:

The new recruits will join Virgin Media over the coming weeks and will be based in a number of locations across the country, with the majority in Manchester and Swansea.

The company is looking to fill 500 customer service positions in its call centres and will provide on the job training for all the roles. The agents will spend six weeks undergoing extensive training and will learn about Virgin Mediaâ€™s market leading products as well as the skills for delivering excellent customer service.

Virgin Media is also on the look out for 120 people they can train up as engineers as part of its apprenticeship scheme. The programme is now in its fourth year and has already placed 530 people into roles within the company. The successful scheme is focused on attracting young people, particularly school leavers, and allows them to gain qualifications whilst earning money

richard1960

08-02-2012 10:20

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by Tim Deegan (Post 35378046)

That doesn't make sense at all. It's far cheaper, and more effective to use trained staff, than to take on 600 new staff.

It would be trouble is the lease is up at Albert Dock so VM are closing it down,i think the employees there were offered jobs elsewhere ie swansea but did not want to move there for various reasons some to do wth job security i think.

qasdfdsaq

08-02-2012 10:25

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by Sirius (Post 35377980)

I now sit back and wait for the usual suspects to say they are crap results and SKY does this this and ruddy this :LOL:

Given the 50mb upstream uplift is many months behind schedule, the idea of them finishing that *and* getting 100mb done "months ahead of schedule" just goes to show they have no grasp of the English language. Particularly given how loosely they use the terms "unlimited" "everyone" "double" "all" "best" "gaming" and now "ahead".

As a breakdown, this puts VM's current cable broadband base at a total of 4,850,600 customers, of which:
3,600,000 (74%) are still on 2 or 10mbps
Only 500,000 (10%) are on 20mbps
Only 200,000 (4%) are on on 30mbps
Only 200,000 (4%) are on 50mbps and 100mbps combined

And if you believe TBB's figures, 8% don't exist

Mobes

08-02-2012 10:27

Re: Virgin Media's quarterly and full year results.

I thought we were going to hear some good news about TV channels etc as well today or did i mis-read, dream that??

denphone

08-02-2012 10:29

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by Mobes (Post 35378055)

I thought we were going to hear some good news about TV channels etc as well today or did i mis-read, dream that??

Well perhaps that good news will come soon enough Mobes.

andy_m

08-02-2012 10:30

Re: Virgin Media's quarterly and full year results.

Have I read it correctly that this will be the first time they've posted a profit?

denphone

08-02-2012 10:31

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by andy_m (Post 35378058)

Have I read it correctly that this will be the first time they've posted a profit?

Yes you have read it correctly.

Tim Deegan

08-02-2012 10:35

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by richard1960 (Post 35378050)

Manchester wouldn't have been so big a distance to move.

---------- Post added at 10:35 ---------- Previous post was at 10:33 ----------

Quote:

Originally Posted by qasdfdsaq (Post 35378052)

Given the 50mb upstream uplift is many months behind schedule, the idea of them finishing that *and* getting 100mb done "months ahead of schedule" just goes to show they have no grasp of the English language. Particularly given how loosely they use the terms "unlimited" "everyone" "double" "all" "best" "gaming" and now "ahead".

As a breakdown, this puts VM's current cable broadband base at a total of 4,850,600 customers, of which:
3,600,000 (74%) are still on 10mbps or below
Only 500,000 (10%) are on 20mbps
Only 200,000 (4%) are on on 30mbps
Only 200,000 (4%) are on 50mbps and 100mbps combined

You really do hate VM don't you??

I don't know where you get your figures from, but on the news this moring it said that 50mb is currently availble for half of UK households.

muppetman11

08-02-2012 10:40

Re: Virgin Media's quarterly and full year results.

Quote:

Originally Posted by Tim Deegan (Post 35378060)

Manchester wouldn't have been so big a distance to move.

---------- Post added at 10:35 ---------- Previous post was at 10:33 ----------

You really do hate VM don't you??

I don't know where you get your figures from, but on the news this moring it said that 50mb is currently availble for half of UK households.

He's saying only 200,000 take 50mb not how many it's available to.

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