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Virgin Media reports 3.6 per cent revenue growth as TiVo take-up continues.

http://www.thedrum.com/news/2013/04/...take-continues

Virgin Media has reported a 3.6 per cent rise in its revenue for the first quarter of the year at £1,043m as it saw a continued take-up of its TiVo service and a 'flat' rate in the number of new mobile customers.

The media provider, which is currently being acquired by US firm Liberty Global in a deal worth £15bn, reported a 14 per cent increase in operating income to £150m, and net income of £139m.

The company's TiVo platform saw an increase of 171,900 during the first quarter of the year, reaching 1.5m, 40 per cent of it's TV custom, while its superfast broadband offer increased to 2.5m customers, a rise of 337,900. It's contract mobile custom also grew to 1.7m, with 35,100 taking contracts with Virgin Media.