Virgin Media Posts Record Growth, TiVo Box Coming Q4

Neil Berkett, CEO, Virgin Media

By Mark Sweney: Virgin Media (NSDQ: VMED) has added a net total of 9,100 new households to its cable subscription base in the three months to the end of June, as revenue beat most analyst expectations growing 7% to £964m in what is traditionally the company’s weakest quarter of the year.

A consensus of 16 analysts had expected Virgin Media to lose 2,000 customers

This article originally appeared in © Guardian News & Media Ltd..

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