Quote:
Originally Posted by Chloé Palmas
Yeah I just don't get how Virgin stay afloat on the TV side...I get that their broadband side is profitable and they have far better speeds than everyone else on an 80/20 system but on phone and TV offers they get crushed by Sky on price and content every which way.
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According to Virgin, their TV, phone, broadband and mobile services are all profitable with Virgin TV enjoying similar margins to Sky TV (minus Sky premiums). They do not get crushed by Sky, BT, TalkTalk, Freeview, Freesat, Youview or anyone else which is why in Q2 they enjoyed record TV growth and in new build areas have so far (and at an early stage) taken 280,000 customers (representing over over 650,000 BB, TV & phone RGUs) from their rivals. TV is the product that gels the bundle and they remain the market leader for both broadband and traditional pay tv (subscription numbers) in their addressable areas.