Virgin Media to expand network by 100,000 homes in East London
06-08-2014, 08:46
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#1
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cf.mega poster
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Virgin Media to expand network by 100,000 homes in East London
"Virgin Media has announced the largest expansion of its network since the company launched in 2007."
"Work to bring cable TV and broadband is already underway in Bethnal Green, the Isle of Dogs, Newham and West Ham. Homes in Stratford, Poplar, Stepney, Bow and East Ham will follow."
http://www.broadbandtvnews.com/2014/...work-expansion
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06-08-2014, 11:03
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#2
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cf.mega poster
Join Date: Dec 2010
Location: Warrington
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Re: Virgin Media to expand network by 100,000 homes in East London
About time the network started expanding. Good to see more investment being made.
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06-08-2014, 11:48
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#3
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cf.mega poster
Join Date: Dec 2013
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Re: Virgin Media to expand network by 100,000 homes in East London
Interesting that despite all the experiments with electricity cables and BT poles, there's no mention of these so probably being implemented in the normal manner.
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06-08-2014, 11:53
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#4
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Got inside news - PM me
Join Date: Jul 2006
Location: Media Boy UK HQ
Posts: 15,139
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Re: Virgin Media to expand network by 100,000 homes in East London
Quote:
Originally Posted by 1andrew1
"Virgin Media has announced the largest expansion of its network since the company launched in 2007."
"Work to bring cable TV and broadband is already underway in Bethnal Green, the Isle of Dogs, Newham and West Ham. Homes in Stratford, Poplar, Stepney, Bow and East Ham will follow."
http://www.broadbandtvnews.com/2014/...work-expansion |
Why London all the time?
Someone I know cant get Virgin (They live in the new street).
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06-08-2014, 12:28
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#5
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Inactive
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Re: Virgin Media to expand network by 100,000 homes in East London
Quote:
Originally Posted by Media Boy
Why London all the time?
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Possibly density of properties? And possibly distance from the existing network to the build out is less.
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06-08-2014, 12:41
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#6
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Inactive
Join Date: Mar 2010
Posts: 12,313
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Re: Virgin Media to expand network by 100,000 homes in East London
Reading today's numbers its clear expansion is needed.
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06-08-2014, 12:47
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#7
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Still alive and fighting
Join Date: Jun 2007
Location: In the land of beyond and beyond.
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Re: Virgin Media to expand network by 100,000 homes in East London
Has anybody got the latest results?.
__________________
“The only lesson you can learn from history is that it repeats itself”
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06-08-2014, 12:50
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#8
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Inactive
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Re: Virgin Media to expand network by 100,000 homes in East London
Quote:
Originally Posted by denphone
Has anybody got the latest results?.
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On this thread aren't they http://www.cableforum.co.uk/board/10...r-results.html
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06-08-2014, 13:09
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#9
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Guest
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Re: Virgin Media to expand network by 100,000 homes in East London
Quote:
Originally Posted by muppetman11
Reading today's numbers its clear expansion is needed.
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Absolutely, 100,000 homes should give them between 37 to 42,000 new customers if they get their normal penetration rates.
Think they have finally realised that they can't simply pass customers between the big 3 and they have to seek new opportunities. They maybe knew this before but didn't have the cash for expansion.
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06-08-2014, 13:09
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#10
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cf.mega poster
Join Date: Jun 2003
Posts: 9,037
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Re: Virgin Media to expand network by 100,000 homes in East London
Quote:
Originally Posted by Media Boy
Why London all the time?
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The Isle of Dogs, and possibly the other areas here, used to have analogue cable, so the ducts will already be in place.
http://www.cableforum.co.uk/board/62...wharf-e14.html
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06-08-2014, 13:20
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#11
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Inactive
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Re: Virgin Media to expand network by 100,000 homes in East London
Quote:
Originally Posted by Top banana
They maybe knew this before but didn't have the cash for expansion.
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It's not the first expansion VM have done in recent years http://www.ispreview.co.uk/story/201...s-in-2011.html but I think it's a the biggest single block work rather than being smaller build out.
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06-08-2014, 13:31
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#12
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cf.mega poster
Join Date: Dec 2013
Posts: 15,697
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Re: Virgin Media to expand network by 100,000 homes in East London
Quote:
Originally Posted by Top banana
Absolutely, 100,000 homes should give them between 37 to 42,000 new customers if they get their normal penetration rates.
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It will be interesting to see what VM's penetration rate is. Its existing 42% penetration rate probably includes a lot of people who have been with VM for a long while. It would be optimistic to think that a similar proportion would convert to VM from other providers because of inertia. I guess it depends on the speeds from VM's competitors in the area and turnover of occupants.
Quote:
Originally Posted by Top banana
Think they have finally realised that they can't simply pass customers between the big 3 and they have to seek new opportunities. They maybe knew this before but didn't have the cash for expansion.
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I think your words in bold sum it up.
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06-08-2014, 18:28
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#13
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cf.mega poster
Join Date: Dec 2010
Location: Warrington
Posts: 4,737
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Re: Virgin Media to expand network by 100,000 homes in East London
They definitely didn't have the cash before. They could barely maintain the network, let alone expand it. I think they made the right calls over the years, fix the broken network then expand.
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06-08-2014, 20:45
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#14
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Permanently Banned
Join Date: Dec 2003
Location: floating in the ether
Posts: 13,331
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Re: Virgin Media to expand network by 100,000 homes in East London
Quote:
Originally Posted by Top banana
Absolutely, 100,000 homes should give them between 37 to 42,000 new customers if they get their normal penetration rates.
Think they have finally realised that they can't simply pass customers between the big 3 and they have to seek new opportunities. They maybe knew this before but didn't have the cash for expansion.
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One of the benefits of being part of Liberty. A bit more financial clout.
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06-08-2014, 20:52
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#15
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Inactive
Join Date: Oct 2013
Posts: 124
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Re: Virgin Media to expand network by 100,000 homes in East London
Many years ago when I worked for one of the companies that later became Telewest and then Virgin, we hit over 70% take up on some streets when we first hit them. Had a lot of churn, though and also alot of none payers - shall we just say the areas we went into were high in take up but did not stack high on the credit rating scale. We did used to take deposits in advance but it still involved cutting them off!
It took around 12 months after opening a new area before we had around 40-45% of addresses active.
What we did find is that when we went into the "better" areas, we had less initial take up but churn was considerably less.
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