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Mockridge: Virgin’s ‘best-ever’ Q3

November 6, 2015 08.10 Europe/London By Julian Clover

Virgin Media engineersVirgin Media has reported its best Q3 customer growth since the company was formed in 2007.

The cablenet added 42,000 further customers in the UK, but the recently rebranded Irish operations saw a 2,000 customer loss.

Tom Mockridge, Virgin Media CEO, said: “Virgin Media delivered a strong performance during the quarter and our best Q3 customer growth since Virgin Media was formed in 2007. “As we invest to grow Virgin Media we’re building real momentum: connecting more homes and businesses, attracting and retaining more customers.

 “Alongside this we are delivering unrivalled services, with the launch of Vivid ultrafast broadband speeds up to 200 Mbps for consumers and 300 Mbps for business.  In Ireland, we have launched the Virgin Media brand and launched a market leading new mobile offer. ”

Broadband continues to be the driver with 191,000 customers now taking speeds of over 100 Mbps, following a recent marketing push. It’s new ‘Vivid’ launch has boosted available consumer broadband speeds up to 200 Mbps. Business customers will see speeds of 300 Mbps early in 2016.

Next generation TV services also continue to add customers. The UK TiVo service and Ireland’s Horizon between them adding 102,000 subscribers, bringing the combined installed base close to 3 million.

Operating income for the quarter was £66 million and £267 million for the year-to-date.

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Filed Under: Cable, Finance, Newsline Tagged With: Virgin Media Edited: 8 November 2015 14:45

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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