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-   -   Virgin Media to expand network by 100,000 homes in East London (https://www.cableforum.uk/board/showthread.php?t=33698441)

1andrew1 06-08-2014 08:46

Virgin Media to expand network by 100,000 homes in East London
 
"Virgin Media has announced the largest expansion of its network since the company launched in 2007."
"Work to bring cable TV and broadband is already underway in Bethnal Green, the Isle of Dogs, Newham and West Ham. Homes in Stratford, Poplar, Stepney, Bow and East Ham will follow."

http://www.broadbandtvnews.com/2014/...work-expansion

Kushan 06-08-2014 11:03

Re: Virgin Media to expand network by 100,000 homes in East London
 
About time the network started expanding. Good to see more investment being made.

1andrew1 06-08-2014 11:48

Re: Virgin Media to expand network by 100,000 homes in East London
 
Interesting that despite all the experiments with electricity cables and BT poles, there's no mention of these so probably being implemented in the normal manner.

Media Boy UK 06-08-2014 11:53

Re: Virgin Media to expand network by 100,000 homes in East London
 
Quote:

Originally Posted by 1andrew1 (Post 35719719)
"Virgin Media has announced the largest expansion of its network since the company launched in 2007."
"Work to bring cable TV and broadband is already underway in Bethnal Green, the Isle of Dogs, Newham and West Ham. Homes in Stratford, Poplar, Stepney, Bow and East Ham will follow."

http://www.broadbandtvnews.com/2014/...work-expansion

Why London all the time?

Someone I know cant get Virgin (They live in the new street).

BenMcr 06-08-2014 12:28

Re: Virgin Media to expand network by 100,000 homes in East London
 
Quote:

Originally Posted by Media Boy (Post 35719754)
Why London all the time?

Possibly density of properties? And possibly distance from the existing network to the build out is less.

muppetman11 06-08-2014 12:41

Re: Virgin Media to expand network by 100,000 homes in East London
 
Reading today's numbers its clear expansion is needed.

denphone 06-08-2014 12:47

Re: Virgin Media to expand network by 100,000 homes in East London
 
Has anybody got the latest results?.

BenMcr 06-08-2014 12:50

Re: Virgin Media to expand network by 100,000 homes in East London
 
Quote:

Originally Posted by denphone (Post 35719771)
Has anybody got the latest results?.

On this thread aren't they http://www.cableforum.co.uk/board/10...r-results.html

Mr Banana 06-08-2014 13:09

Re: Virgin Media to expand network by 100,000 homes in East London
 
Quote:

Originally Posted by muppetman11 (Post 35719768)
Reading today's numbers its clear expansion is needed.

Absolutely, 100,000 homes should give them between 37 to 42,000 new customers if they get their normal penetration rates.

Think they have finally realised that they can't simply pass customers between the big 3 and they have to seek new opportunities. They maybe knew this before but didn't have the cash for expansion.

spiderplant 06-08-2014 13:09

Re: Virgin Media to expand network by 100,000 homes in East London
 
Quote:

Originally Posted by Media Boy (Post 35719754)
Why London all the time?

The Isle of Dogs, and possibly the other areas here, used to have analogue cable, so the ducts will already be in place.
http://www.cableforum.co.uk/board/62...wharf-e14.html

BenMcr 06-08-2014 13:20

Re: Virgin Media to expand network by 100,000 homes in East London
 
Quote:

Originally Posted by Top banana (Post 35719777)
They maybe knew this before but didn't have the cash for expansion.

It's not the first expansion VM have done in recent years http://www.ispreview.co.uk/story/201...s-in-2011.html but I think it's a the biggest single block work rather than being smaller build out.

1andrew1 06-08-2014 13:31

Re: Virgin Media to expand network by 100,000 homes in East London
 
Quote:

Originally Posted by Top banana (Post 35719777)
Absolutely, 100,000 homes should give them between 37 to 42,000 new customers if they get their normal penetration rates.

It will be interesting to see what VM's penetration rate is. Its existing 42% penetration rate probably includes a lot of people who have been with VM for a long while. It would be optimistic to think that a similar proportion would convert to VM from other providers because of inertia. I guess it depends on the speeds from VM's competitors in the area and turnover of occupants.

Quote:

Originally Posted by Top banana (Post 35719777)
Think they have finally realised that they can't simply pass customers between the big 3 and they have to seek new opportunities. They maybe knew this before but didn't have the cash for expansion.

I think your words in bold sum it up.

Kushan 06-08-2014 18:28

Re: Virgin Media to expand network by 100,000 homes in East London
 
They definitely didn't have the cash before. They could barely maintain the network, let alone expand it. I think they made the right calls over the years, fix the broken network then expand.

Pierre 06-08-2014 20:45

Re: Virgin Media to expand network by 100,000 homes in East London
 
Quote:

Originally Posted by Top banana (Post 35719777)
Absolutely, 100,000 homes should give them between 37 to 42,000 new customers if they get their normal penetration rates.

Think they have finally realised that they can't simply pass customers between the big 3 and they have to seek new opportunities. They maybe knew this before but didn't have the cash for expansion.

One of the benefits of being part of Liberty. A bit more financial clout.

Bircho 06-08-2014 20:52

Re: Virgin Media to expand network by 100,000 homes in East London
 
Many years ago when I worked for one of the companies that later became Telewest and then Virgin, we hit over 70% take up on some streets when we first hit them. Had a lot of churn, though and also alot of none payers - shall we just say the areas we went into were high in take up but did not stack high on the credit rating scale. We did used to take deposits in advance but it still involved cutting them off!

It took around 12 months after opening a new area before we had around 40-45% of addresses active.

What we did find is that when we went into the "better" areas, we had less initial take up but churn was considerably less.


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