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Virgin Media Q4 2014 results: Growing and building - Venture Insights

Report Overview

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Virgin Media Q4 2014 results: Growing and building

PublisherEnders Analysis.
Publish Date February 19, 2015
Sector Fixed Line (Internet and Voice), Telecom.
Company Virgin Media.

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Virgin Media’s Q4 results were strong across all measures, with household, RGU and all product net adds accelerating, revenue accelerating, and OCF growth.

As demand for high speed broadband grows, Virgin Media is benefiting by offering the fastest top speeds and by being the cheapest provider for speeds over 30Mbps.

The company has announced a £3bn investment to extend its network by 4m premises, which may win it an extra 6% share of the broadband market at the expense of BT, Sky and TalkTalk.