Quote:
Originally Posted by Media Boy
-Nothing on Virgin Media takeover of Smallworld.
-ARPU per customer now at £ 49.26.
-During March, the U.K. government announced a change in legislation with respect to charging VAT in connection with prompt payment discounts. We currently believe this change will result in a reduction in Virgin Media's revenue, OCF and operating income of approximately $47 to $50 million from the effective date of May 1, 2014 through the end of 2014. However, in light of our strong Q1 OCF performance, we remain confident in our ability to deliver mid-single digit rebased OCF growth at Virgin Media in 2014.
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Looks like a lot of the subscriber growth was driven by Belgium, Germany and the UK.
http://www.businesswire.com/news/hom...r-2014-Results