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Old 29-10-2009, 13:39   #2
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
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Re: Virgin Media revenues beat forecasts

Some good stuff but something that doesn't make such good reading:

Quote:
The company said that it managed to increase its broadband customer base by 39,000 to 3.77 million.
Highlights something I mentioned elsewhere regarding saturation of the market in VM's areas now. Very competitive market indeed.

This is hilarious though, go Guardian:

Quote:
Customers taking high-speed 10Mb or faster broadband services have risen 157% year on year to 2.7 million, or 72% of Virgin's customer base.
I'm sure this is nothing to do with Virgin ceasing sale of sub-10Mbps services and upgrading virtually all customers to 10Mbps

No real surprises, staying in is the new going out, etc, and Sky's results were likewise ahead of the analyst expectations.

I'm gathering that more landline phone customers were lost given the gain in HSI / TV subscriptions?
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