Thread: Liberty Global to reveal 1st Quarter Results on May 6th.
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Old 07-05-2014, 13:04   #38
1andrew1
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Re: Liberty Global to reveal 1st Quarter Results on May 6th.
The media is starting to report VM's results. Here's The Guardian's take "Virgin Media returns to revenue growth with 15,000 new TV customers.* Virgin also adds more than 40,000 broadband subscribers, marking return to form after acquisition by Liberty Global."
http://www.theguardian.com/media/201...mers-broadband
* I'm not sure where the 15,000 figure (and 40,000 figure) come from. In Q1, VM said it lost 4,700 TV customers v Q1 last year. Have VM just reported the number of organic new customers and assumed they were all TV customers?

Looks like the story will be that VM was distracted by the merger but is now back on course and growing.
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