Consumers can get a £50 reduction on their first bill when they take out selected broadband bundles with Virgin Media.

Under the terms of the promotion, which was launched today (October 19th 2010) and is due to expire at the end of the month, new customers can get the discount by signing up online for any broadband and phone or broadband, TV and phone package.

For instance, potential subscribers will receive the £50 credit by opting for the Broadband, TV & Phone bundle priced at £46.01 per month.

This deal offers fibre optic broadband with download speeds of up to 20Mb/s, access to more than 160 digital TV channels and unlimited anytime calls to UK landlines and Virgin mobiles.

As a further incentive, this package is also currently available with free installation, which can cost up to £40.

In its financial results for the second quarter, Virgin Media revealed it had more than 4.2 million broadband customers, up from just under four million in the corresponding three-month period of 2009. 

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