Revenues see Virgin Media back in profit

first_img KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Share VIRGIN Media’s third quarter results showed a healthy return to profit after last year’s loss of £78.1m, marking its first quarter in the black since the collapse of predecessor NTL. Pre-tax profit for the third quarter this year has jumped up to £9.9m, with earnings-per-share rising from an 18p loss last year to a 13p profit for the same period this year.The results also show that the communications provider has slowed its recruitment of new customers, but revenues per customer are up.Total revenues grew 6.4 per cent on 2009, reaching £978m. But the number of new subscribers was down by more than half in some areas, with net additions in TV shrinking 60 per cent and 11 per cent in cable telephony. The results reflect a decision to focus on generating higher-value customers: average revenue per user was up 3.7 per cent to an all-time high of £46.38. For example, the number of subscribers to its two top-tier broadband services has increased by 41 per cent to 708,300, but the rate at which it recruited new broadband users was down 13 per cent on last year. Third-quarter profits also benefited from the £14.4m sale of VMTV to BSkyB, completed in July.In addition to encouraging customers to upgrade their subscriptions, Virgin is aiming to increase its premium service offering by launching ultra-fast broadband. The firm opened pre-registration for the 100Mb line yesterday, claiming it would deliver a service up to ten times faster than the UK average. It also continued its share buyback programme. The firm has already bought back £125m of stock and has board authority for a further £250m. Wednesday 27 October 2010 8:05 pm Tags: NULLcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald Revenues see Virgin Media back in profit whatsapp Show Comments ▼ whatsapplast_img

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