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Old 28-04-2010, 16:12   #202
ncfc1902
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Location: Norwich
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Re: VM to begin expanding its cable network

VM's first quarter results state that 40,000 homes were added to the cable network.
Quote:
We have successfully focused on cable customer growth, resulting in a 15.5% increase in gross additions and our best quarterly cable customer growth since the cable merger in March 2006, with 38,300 net additions as well as a further 3,400 non-cable net additions.

This has partly resulted from investment in new growth channels such as retail, where we opened eight new stores in the quarter, as well as the expansion of our network with 40,000 further homes passed in the first quarter. Our rate of churn is at an historic low of just 1.1%.
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