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August 7, 2009

Virgin Media shows a slight increase in customers


by David Allen

The cable broadband provider Virgin Media has released second quarter figures that cover the period from April to June.

There is an increase in new customers, but this increase is only slight at just 3,800 signing up for broadband services during the three months.

The company is showing a revenue for the quarter of £936 million, with loses of £49 million, compared with the same period last year when the figure was £328 million.

According the chief executive Neil Berkett, the average customer spend is £43.27 per month compared with £41.69 in the same quarter last year.

The company has recently completed the roll out of its 50 Mbps fibre optic broadband service which is available to all customers on the cable network.

It will be the next quarter that will show a better picture of Virgin Media.

Story link: Virgin Media shows a slight increase in customers


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