• Subscribe to our Daily News Emails
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Virgin Media delivers best results since 2009

February 16, 2017 11.33 Europe/London By Julian Clover

Virgin Media is reporting a 39% increase in subscriptions. The Liberty Global company said net RGU additions of 304,000 during 2016 represented its best annual performance for seven years.

The Project Lightning network upgrade has added a further 465,000 homes in 2016; a further 800,000 are expected in 2017.

An additional 148,000 customer net additions joined the network in 2016 including 70,000 from new build activity. However, rising churn clipped Q4 net additions back to 31,000.

Customer churn increased from 14.3% in Q4 2015 to 14.8% in Q4 2016.

Virgin is blaming its November price increase for the rise in the number of people quitting the service.

Annual revenues rose by 3% to £4,806 million.

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp

Related

Filed Under: Cable, Newsline Edited: 16 February 2017 11:33

Avatar photo

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.

Latest News

  • Disney Channel to join Disney+ in Germany
  • Nagravision partners WPBSA on digital snooker platform
  • Poland’s World Cup play-off drama tops March viewing
  • FOX Sports taps Appear for next phase of remote production
  • HbbTV Symposium heads to Barcelona in November

Philipp Rotermund

The Long Game in FAST: Market by Market

When we launched wedotv in 2018 (then called Watch4), the prevailing wisdom in the entertainment industry was clear: subscription video-on-demand was the future. … [Read More ...]

Most Popular

  • Disney Channel to join Disney+ in Germany
    Disney Channel to join Disney+ in Germany
  • Harmonic selected for DirecTV DTH platform overhaul
    Harmonic selected for DirecTV DTH platform overhaul
  • French trio enter exclusive talks to acquire SFR
    French trio enter exclusive talks to acquire SFR
  • Poland’s World Cup play-off drama tops March viewing
    Poland’s World Cup play-off drama tops March viewing
  • Netflix points to partnerships, pricing and advertising growth in latest results
    Netflix points to partnerships, pricing and advertising growth in latest results
  • HbbTV Symposium heads to Barcelona in November
    HbbTV Symposium heads to Barcelona in November
  • DAZN takes NASCAR Euro Series worldwide in new free-to-view deal
    DAZN takes NASCAR Euro Series worldwide in new free-to-view deal

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Editorial

44 Telegraph Street
Cottenham, Cambridge CB24 3QF
news@broadbandtvnews.com

Commercial

Arundel View Cottage
Wepham
West Sussex
BN18 9RA
sales@broadbandtvnews.com

Connect with Us

 

Copyright © 2026 Broadband TV News LLP · Log in

 

Loading Comments...
 

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.