Virgin Media cable broadband subscriptions up 53%

Thursday, April 29th 2010
Virgin Media's cable broadband subscription figures show a 53 per cent rise.
Virgin Media cable broadband subscriptions up 53%
Virgin Media has announced its company results for the first quarter of 2010, which show that it has achieved significant growth across its broadband business.

The company attracted 72,300 new cable broadband subscribers in the three months to March, representing a 53 per cent increase from the equivalent period in 2009.

Total revenues at the company rose by 2.9 per cent to £963 million, while operating income grew from £13 million to £76 million.

Neil Berkett, Virgin Media's chief executive officer, said the company is capitalising on its "natural network advantage" by developing its services.

"More customers than ever before are choosing faster broadband and every day millions of our customers are enjoying the benefits of the video on demand revolution we are leading," he added.

Mr Berkett recently said in an interview with the Independent that Virgin Media is dedicated to developing a "sexy" broadband service for its customers.

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