Virgin Media

“Low-end” customer losses no concern for Virgin Media

Virgin Media CEO Lutz Shüler has played down subscriber losses in the UK. The exec, who replaced Tom Mockridge as the UK operator’s boss in June, was speaking during Liberty Global’s quarterly earnings call on Thursday. When asked about the loss of subscribers, Shüler said that “we know these TV customers are the low-end customers.” […]

Virgin Media video losses push down Liberty Global RGUs

Video subscriber losses at Virgin Media contributed in no small way to pushing down Liberty Global revenue-generating unit count in the third quarter. The cable giant lost 76,300 RGUs overall in the quarter, taking the total losses for the year-to-date to 80,400. Virgin Media’s RGU losses amounted to 53,000 for the quarter, which the company […]

Virgin to move MVNO from BT to Vodafone, ending 20 year partnership

Liberty Global’s Virgin Media has announced that it is moving from BT to Vodafone. The MVNO move will take place in late 2021 in a five-year deal. Virgin said that this will enable the launch of new services like 5G, with Vodafone heavily investing in the new technology. Virgin Media, one of the early MVNO […]

Virgin kicks off smart home offering in Ireland

Liberty Global’s Virgin Media has announced the launch of its Smart Home packages.  Partnered with Google and TP-Link, the packages look to combine Virgin’s service with “the very best in smart home technology”. Starting in Ireland at €15 per month for a 12 month contract, the package includes installation from a dedicated Virgin Media smart […]

Viacom takes branded apps to Virgin Media

Viacom International Media Networks (VIMN) has agreed a new multi-year distribution deal with Virgin Media spanning TV channels, on-demand rights and a range of new streaming applications.  The deal will provide Virgin Media customers with continued access to MTV, Comedy Central, Nickelodeon, Nick Jr. and Paramount Network, as well as associated catch up rights and […]

Liberty Global companies unveil Gigabit rollouts

Liberty Global’s operating companies in Switzerland, Belgium and the UK have now all unveiled plans to roll out Gigabit broadband services. The UK’s Virgin Media has kicked off the deployment of Gigabit broadband in Southampton, taking 1Gbps downstream speeds to 100,000 premises. The company plans to bring these speeds to its entire network, covering 15 […]

Liberty Global positioning itself for fixed-mobile future, says Fries

Liberty Global’s sale of its German and central European assets and planned sale of its Swiss unit “all make sense” in a market that is moving towards fixed-mobile convergence, but the company nevertheless sees “a lot of runway” to build value from its remaining assets, according to CEO Mike Fries. Speaking at Goldman Sachs Communacopia […]

Sky ‘in talks’ with Liberty Global to invest in fibre JV

Sky is in talks with Liberty Global to invest in Virgin Media’s new fibre venture for underserved areas, according to a report by the Financial Times. According to the report, citing unnamed sources, Sky has opened talks to participate in the new JV both as a customer and investor. However, talks are still at an […]

Liberty Global to focus on ‘core markets’ for further acquisitions

Liberty Global will focus on its “core operating markets” for any acquisitions or investments it makes from the proceeds of its sale of its German and central European assets to Vodafone and the forthcoming sale of UPC Switzerland to Sunrise, according to CEO Mike Fries. Speaking on the company’s latest quarterly earnings call, Fries said […]

Liberty to buy back shares and invest in UK as subscriber numbers drop

Liberty Global is following up on its promise to return value to shareholders following its sale of its German and central European units to Vodafone by using the proceeds from the sale for cash tender offers for its shares of up to US$2.5 billion (€2.2 billion), along with a promise of investing in Virgin Media, […]

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