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Originally Posted by Chad
Will a new TiVo box later this year change anything? The last 6 years suggest no. The sooner Virgin can make their services available in new areas the better. This is the only way I can see them growing their TV numbers.
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The latest figures quote 162,700 new homes passed, so that hasn't helped either.
We did have a pretty serious recession and there has been no increase in incomes for 11 years while house prices and rents have gone up massively. I assume people setting up homes for the first time are a big chunk of new customers and with little spare cash basic broadband plus a Netflix and / or a Now TV sub is rather more attractive.
Most of Sky's 146,000 new customers in the last quarter were for Now TV or lower packages and the company's average revenue per user is also flat.