Quote:
Originally Posted by batchain
No. The 15,000 is organic pay TV growth.
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The actual change in TV figures over the last 12 months was a reduction of 33,500 year on year from 3,782,100 to 3,748,600. In Q1 2014, 4,700 TV customers were lost. I've found the 15,000 figure in VM's figures. I can only assume it excludes leavers. So you're right but it's a bit misleading.
Quote:
Originally Posted by Media Boy
-Nothing on Virgin Media takeover of Smallworld.
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Found a bit more for you tucked away on p10 of VM's results:
"We acquired Smallworld Fibre Limited (“Smallworld”) during Q1 2014. At the date of acquisition, Smallworld’s network passed approximately 44,900 two-way homes in western Scotland and the northwest of England. Smallworld accounted for 6,000 customer relationships and 14,700 RGUs (comprising 3,700 television, 5,300 internet and 5,700 telephony RGUs).
We plan to connect their similar network to our network, which will enable us to offer broadband speeds of up to 152 Mbps and TiVo to residents in these areas for the first ."
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Quote:
Originally Posted by Hugh
Not as flat as another company, though (from your link.....)
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If we look at broadband additions in the last quarter, Sky gained 70,000, VM gained 34,800 organically and a further 6,000 by purchasing Smallworld. The big winner in broadband acquisitions at the moment is BT whose results are due tomorrow. Expect it to have gained over 100,000 net boadband customers in the same quarter.
It's useful to compare companies' performances to previous years and to competitors to provide context and meaning. Pay TV growth has certainly slowed down for Sky but it is still putting on pay-TV satellite customers as well as Now TV customers. VM states it is losing pay tv customers but these are free TV customers.