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In the League of Champions: Virgin Media Q3 2015 results - Venture Insights

Report Overview

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In the League of Champions: Virgin Media Q3 2015 results

PublisherEnders Analysis.
Publish Date November 12, 2015
Sector Fixed Line (Internet and Voice), Infrastructure, Media, Telecom, TV.
Company SKY, TalkTalk.

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Virgin Media had its strongest quarter for three years in broadband net adds market share – a robust performance in a competitive environment and very much in line with recent strong performances at both Sky and BT.

Group revenue growth improved 1ppt, or 3ppts adjusting for distortions, driven by accelerating growth in all operating divisions although higher content and hardware input costs offset the benefit to margins.

The Project Lightning network expansion program continues, targeting 250k new premises by the end of 2015, with a discernible impact to subscriber and revenue growth likely to be apparent from the start of 2016.