View Single Post
Old 06-08-2009, 09:36   #2
robthewizz
Inactive
 
Join Date: Jun 2009
Posts: 7
robthewizz will become famous soon enoughrobthewizz will become famous soon enoughrobthewizz will become famous soon enough
Virgin Media Second Quater 2009 Results, The Good Bits!!!

A Few bits that might interest people......

Broadband
Quote:
• Broadband customer net increase of 5,100 (Q2-08: 54,600) to 3.74m (Q2-08: 3.56m)
• New and existing customers are choosing faster broadband, improving tier mix
• Broadband customers with 10Mb or higher increased 86% year-on-year to 1.75m
• 47% year-on-year increase in aggregate headline speed
• 2Mb to 10Mb upgrade programme underway – 385,000 customers upgraded to date
• 50Mb broadband roll-out complete; 200Mb customer pilot underway

In broadband, we have achieved a significant improvement in our tier mix, which together with related price increases, is driving on-net ARPU growth. This also reflects growing consumer appetite for faster broadband speeds and demonstrates that Virgin Media continues to lead and define the developing market for high-speed broadband. We are in the process of upgrading our 2Mb customers to 10Mb. Ahead of schedule, we have completed the roll-out of our ultrafast 50Mb product and more than 12 million homes throughout the UK now have access to our next generation broadband services. The aggregate headline speed of our customer base has grown by 47% in the last twelve months and will continue to grow, driving both revenue growth and our competitive advantage. We continue to look ahead to see how we can further develop our high-speed network and provide broadband services of the future for our customers - our customer pilot of 200Mb is well underway.
Television
Quote:
• TV customer net increase of 20,400 (Q2-08: 24,800) to 3.67m (Q2-08: 3.54m)
• Video-on-demand (VOD) usage rises to 55% of digital customers (Q2-08: 48%)
• Highest ever average VOD views of 62m per month (Q2-08: 38m)

In television, our market leading video-on-demand (VOD) service is being enjoyed by more of our customers more frequently, with 62 million views each month on average during the quarter. We also announced the launch of six new High Definition (HD) channels to complement our existing linear and popular on-demand line-up. We plan to launch more HD channels with a focus on content which benefits most from being shown in HD. We currently have around 300 hours of HD programming on our VOD service and are looking to secure more content of this nature.

We have announced the launch of six new HD channels from Channel 4, ESPN, LIVING, FX, MTV and National Geographic. These will be available for free to all subscribers of our top basic TV tier “XL” with our V+ DVR and Channel 4 HD will be available to all digital TV subscribers along with BBC HD. We plan to launch more HD channels with a focus on content which most benefits from being shown in HD. In addition, recent proposals from Ofcom, the UK telecoms and media regulator, would enable us to offer our customers certain Sky Sports HD and Sky Movies HD channels, which BSkyB would be obliged to provide at a regulated wholesale price. The detail of this proposal is now under consultation.
Link to full Report is Here:
http://phx.corporate-ir.net/External...xUeXBlPTM=&t=1

Enjoy!!!
robthewizz is offline   Reply With Quote