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Virgin Media -- First Quarter 2012 Results
http://www.marketwatch.com/story/vir...lts-2012-04-25
Virgin Media reveal First Quarter 2012 Results. Quote:
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Now waiting for the usual suspects to turn up and rip them apart in there usual fashion :LOL: |
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the money which the government gave them which apparently wasnt enough
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So, your source that says that VM have had goverment money? |
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"Virgin Media is to invest more than £100m on a programme that will more than double the broadband speed for most of its 4m internet customers. Virgin Media intends to mostly fund the programme with the remaining £100m of the proceeds of the sale of its 50% stake in UKTV to US TV company Scripps. The remainder of the approximately £350m sale value has been used as part of a share buy-back programme launched by Virgin Media. In a typical year Virgin Media spends about £250m to £350m on capital expenditure – between 15% and 17% of total revenues – and has therefore had to earmark the UKTV proceeds to fill the extra funding over this amount." |
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Would love to know numbers of " brand new" customers the TiVo brought in. As that is the real market for it. We all know that in a number of cases its a freebee for existing customers. However, that to one side the trend is going in the right direction for Virgin shareholders :D |
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Well they had a 12,000 net additions to TV in the quarter so almost all of those will be on TiVo
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Also are the boxes UK made ( surprised if they are) or imported, if so from where.Just curious nothing more :p: |
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Remember that's net additions, so I believe takes accounts of disconnections as well - so technically the actual new TV customers figure will be higher
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Leaving how many possibly left in the sales base? :erm: Also do you have the historical figure of net additions pre TiVo ,which of cause would be pre switch off. Forcing people to do something . Therefore expect to see a higher take up post switch off . As I would expect area by area as it was shut down. I am yet to be convinced that TiVo is the great redeemer. However is is a great peg to hang your product on. At the end of the day its profit that counts & that seems to be going in the right direction. The question is, is it organic growth or increased prices driven, for which all companies have a tipping point. Time will tell :cool: |
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:D |
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UK, Romania, Czech Republic, Hungary, Mexico, South Korea, China, Indonesia. |
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So far it has been Hungary, Mexico, China and Indonesia I think.
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From http://seekingalpha.com/article/5269...urce=thestreet |
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Another quarter's results, another pointless thread starting off with comments about good results and waiting for people to be doomsayers about it. It's a quarterly tradition.
The results are ok, not a cause for worship and reverence, and I do wonder just why these threads take the exact same tone each and every quarter, with a slight difference in which side is correct. The key number is always how the stock market reacted and they are content, but not ecstatic. VM's numbers are what they said they would be and reflect guidance and the current market, which is a very good one for them, Sky and BT. |
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From a company point of view hope its a low churn, I guess we will have to waited 6 months or so to see. ---------- Post added at 14:30 ---------- Previous post was at 14:28 ---------- Quote:
Back to work !!!!:shocked: |
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Interestingly to prove the point about these results being 'ok' Sky have just overtaken Virgin in terms of triple play subscribers.
http://corporate.sky.com/documents/p...ple_play_graph |
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45,700 net additions on broadband internet, less than a year ago and only one-third as many as BT retail.
I see people are voting with their wallets after all... |
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excellent, and that is the way it should be. Money talks and BT will show other providers that if you dont do a proper job and provide a quality, reliable service with good customer service then you lose.
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Said poster is looking at the thread right now actually. Either typing a long winded response or trying his utmost to contain himself from countering this slight.
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We know that all of VM's services are only available to 50% of the country. Does anyone know how much of the country BT's Broadband service covers? (Yes, that was a rhetorical question.) If it's a larger amount (which of course it is) then there's at least one other possible reason for them adding more BB subscribers this quarter. What about last quarter, or the one before that? Is this the first time this has happened? Probably not but, similarly, what about the times (if it has ever happened) that VM have added more BB subscribers than BT? I assume those times would have just been dismissed as "an anomaly" or something? My point being that, as BT are the largest broadband supplier in the UK (with VM second) it's hardly surprising that the former has added more BB customers than the latter, is it? :confused: There might (actually, probably will) be more than the one reason stated for it happening. Quote:
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Someone should explain to Sirius that, on forums such as this, he is bound to come across people with whom he disagrees. Given that such forums are normally used for the discussion of different views, then if he chooses to ignore everyone who holds a different, but equally valid, opinion, then what the heck is he doing joining forums in the first place? :confused::rolleyes:
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Go and study with your spare time to improve your CV a bit or at very least expand your horizons rather than coming onto this forum (did you only start posting on here because you lost posting rights elsewhere?) and offering up the same viewpoint time and time again. It's gotten really, really old. I have to say it's deliciously ironic that you apparently can't post on Virgin's own forum and Virgin staff here regard you with derision. Tragic too. ---------- Post added at 13:25 ---------- Previous post was at 13:14 ---------- Quote:
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With that in mind if we talk about coverage you then have to start comparing Virgin against DSL in total. It doesn't make for good reading. We could also compare Virgin to peer cable companies and we find that their uptake in their cabled areas is relatively low. This is put down to the strength of the competition. Quote:
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Going from being a single service TV operator to having over 4 million triple play customers in a served area of approximately 22,000,000 homes is pretty impressive whichever way you look at it. Quote:
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So not only does fact demonstrate the exact opposite of what you state, it is more surprising when VM (wrongly) advertise their service as the fastest in the country (and unsurprisingly many people have been misled by this claim, my flatmates included) Quote:
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For one, they've so far not once tried to blame my equipment for poor speeds and fixed the problem and called me back when promised, all things VM failed to do during my ~3 years with them. |
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Re: Virgin Media -- First Quarter 2012 Results
Enough of the jibes at each other, stick to the topic.
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