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Virgin Media Fourth Quarter 2012 Results
Virgin Media Fourth Quarter 2012 Results are being released tomorrow at 7am UK time.
http://investors.virginmedia.com/pho...&p=irol-irhome http://finance.yahoo.com/news/virgin...143000742.html Will the figures be very good or do you think the recent price rises will affect the bottom line?. |
Re: Virgin Media Fourth Quarter 2012 Results
Please keep this thread for any discussion of the results, and use http://www.cableforum.co.uk/board/10...-for-sale.html for possible buyout discussions. Thanks.
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Re: Virgin Media Fourth Quarter 2012 Results
why are take over talks in this thread anyway. can we keep two discussions apart?
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Re: Virgin Media Fourth Quarter 2012 Results
I see they are releasing the results unusually late at 13:30 UK time tomorrow I wonder if we hear anything else about a take over or new channels
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Thanks Ben for that update.
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Results released a bit early, spotted by mlt11 on DS forums:
http://phx.corporate-ir.net/External...F8VHlwZT0z&t=1 |
Re: Virgin Media Fourth Quarter 2012 Results
Ooh dear 88000 net addictions for the year, talktalk added 85000 in the final quarter.
Love how they say they added 1.5 million super fast broadband customers at 30mb and above. Forgetting to mention they're customer upgrades from 10/20mb lol. And TiVo additions are upgrades not NEW customer additions lol. The important part is the ARPU has dropped from £48.34 to £47.31, it's seems VM's usual revenue growth of rinsing its customers has hit it's limit hence the keeness to sell up. I still think VM has a bright future though and good things are to come. Ooh and MT11 knows more about these things than we ever will. He knew Bt had won EPL footba rights far to early lol. |
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Talktalk had 80,000 TV subscribers at 31st December 2012 (30% of TV subscribers new to TalkTalk). Virgin added 896,900 more TiVo customers during 2012, including 187,300 in the fourth quarter to reach a total of 1.33m or 35% of the TV customer base. This uptake has helped to drive the overall number of paying TV customers, which increased by 210,000 in the year, including 59,900 in the final quarter. http://www.talktalkgroup.com/investo...ts-centre.aspx Quote:
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http://blogs.barrons.com/techtraderd...tivo-earnings/ "...on October 23, Virgin Media released September quarter results, and in doing so, revealed that the TIVO/VMED subscriber base increased by another 206K, increasing the TIVO/VMED base to 1.14mm, or 30% of the Virgin system. Even more notable, 52% of those new adds were new customers to Virgin, the highest ever in the TIVO/VMED partnership, and confirming what we have been saying fairly aggressively ever since the TIVO/VMED partnership was formed – that VMED is using the TIVO UI to differentiate its service, and in doing so, successfully steal share against arch rival BSkyB" Quote:
31 Dec 2012 - £48.87 30 Sept 2012 - £48.73 31 Dec 2011 - £47.85 Quote:
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I can assure you I wasn't on here 1 month ago I have used this site before although Ive never been banned and it was probably in 2011.
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Re: Virgin Media Fourth Quarter 2012 Results
My take is that VM are deriving more money from existing customers, the net increase in customers at 88,000 over the year is not earth shattering. It would seem that pay TV has reached its ceiling in this country as Sky are also having problems increasing numbers. Perhaps with the takeover of VM and BT entering the market the consumer will benefit from increased competition .
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From the live webcast on now:
neil berkett to leave, his wish, once the deal is done. |
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Looks like a lot of the doomsdayers were wrong |
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l think that tells us everything TB but alas some doom merchants might share a different opinion l am afraid.
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<insert doom here>
Happy now? ---------- Post added at 17:49 ---------- Previous post was at 17:41 ---------- Quote:
In related news, VM's churn doesn't go up despite Hyundai launching a new car model and Tesco burgers being found to have DNA in them. |
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It's good to know that VM launched Sky Atlantic in Q4, and didn't send price rise letters. That should shut the moaners up. :)
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Wasn't the point he was making that churn in Q4 2012 being lower than its been since Q4 2003, despite W, X, Y and Z happening, where W happened in Q1 2009, X happened in Q2 2012, Y happened in Q3 2012 and Z happened in Q1 2013.
It's not surprising negative factors that didn't happen during the specified timeframe didn't have a negative effect during the specified timeframe. |
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