The Week: City News - Virgin Media revenues up

Virgin Media added 17,800 new customers across its TV, broadband, telephone and mobile services in the third quarter, and boosted revenues by 1.3 per cent to £953 million.

Average revenue-per-user rose 5.3 per cent to a record £44.24, almost a pound-per-user ahead of analysts' expectations. Customer churn was flat at 1.5 per cent year on year. The company said it now has 59.5 per cent of its customers taking three services - TV, broadband and fixed-line telephone - while 10 per cent also have a contract with Virgin Mobile.

Topics

Become a member of Campaign

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk , plus get exclusive discounts to Campaign events

Become a member

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an alert now

Partner content