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Old 24-10-2012, 12:22   #36
Mr Banana
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Re: Virgin Media Third Quarter 2012 Results.

Quote:
Originally Posted by Itshim View Post
Really you call them fantastic

http://www.thestreet.com/story/11722...aded-vmed.html

"VMED, with its decline in revenue, underperformed when compared the industry average of 10.5%. Since the same quarter one year prior, revenues slightly dropped by 0.3%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share."
You may want to check the date of the link you posted. The results are fantastic and the share price has shot up off the back of them

http://community.nasdaq.com/News/201...8#.UIfARJG9KK0

---------- Post added at 11:22 ---------- Previous post was at 11:12 ----------

Quote:
Originally Posted by qasdfdsaq View Post
Great, so you deliberately pick a cutoff that makes VM's figures look bigger for them. Bravo.

Actually, I think you'll find OFCOM originally defined, back in 2010:
"Super-fast broadband is generally taken to mean broadband products that provide a maximum download speed that is greater than 24 Mbit/s"

Since BT Group had over 10 million ADSL2+ customers in 2010 and ADSL2+ theoretically has a maximum download speed of 26.768 Mbit/s, by OFCOM standards, BT had 10 million "superfast" subscribers in January 2010.

On a similar note, the BDUK part of the government defines "Superfast Broadband as having a potential headline access speed of at least 20Mbps" which again covers all of BT's ADSL2+ services under "superfast" and BT Group have had over 10 million "superfast" customers since January 2010.

Then there's the Broadband Stakeholder Group's viewpoint (included only because it was in the same article which seemed to use superfast and next-gen interchangeably):
"With next generation broadband consumers could experience a better quality and consistency of service, without necessarily using higher download speeds. For example, a service that provided a consistent 10Mbps download and 5Mbps upload, while not providing faster download speeds than current copper-based broadband is capable of, is well beyond the capabilities of the current network and would require NGA.

Download speed is just one feature of a broadband service (albeit the main feature that services are marketed on). With NGA, we will see a step change in the quality of service that consumers receive that is about more than just download speeds, but covers upload and quality of service characteristics mentioned above too. For many, it is these improvements that are most exciting in terms of how next generation services will evolve."

That'd mean pretty much all BT Infinity (and related FTTC services) qualify as next-gen whereas only 100-120Mbps service(s) on VM do, if you look at the upload speed alone, and absolutely no VM services qualify if you take into account STM and/or upstream jitter. By that reckoning, BT Group have 700,000 NGA subscribers while VM have zero.

Want to try again?

Virgin's CEO noted in Q2 (and again in Q3) that BT Infinity was having little or no impact on Virgin in areas where they went head to head. As such Virgin was maintaining its overall market share/lead with BT Infinity net adds cannibalising the existing DSL market.
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