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Virgin Media Q2 2014 results: Strong revenue, stronger profits - Venture Insights

Report Overview

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Virgin Media Q2 2014 results: Strong revenue, stronger profits

PublisherEnders Analysis.
Publish Date August 10, 2014
Sector Fixed Line (Internet and Voice).
Company Virgin Media.

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Virgin Media’s consumer cable business has moved back to accelerating volume and (underlying) ARPU growth, with the new big bundle’ packages looking like a success.

Growth at the business and mobile divisions improved sharply, pushing group revenue growth back into firmly positive territory, and profitability growth even higher.

Given the broadband speeds it offers, Virgin Media is still good value, and gets better value as speed demands increase, allowing continued price increases to back up future growth.