Virgin Media

Jefferies: Sky more likely to team up with BT Openreach than Virgin Media for fibre

Sky is more likely to partner with BT Openreach to extend its fibre broadband reach in the UK than to sign a much-speculated on wholesale deal with Liberty Global-owned Virgin Media, according to analysts from Jefferies. Jefferies gave BT a ‘buy’ rating but predicted a cut in its dividend per share from next year to […]

Liberty Global mulls UK fibre JV and wholesale options to ‘crystallise value’ of network

Liberty Global is looking to “continue crystallising value” in its core markets through fixed-mobile combinations and potential restructuring of its networks through the entry of new capital or a wholesale model, according to CEO Mike Fries. Speaking to analysts after the company posted its latest quarterly results, Fries said that “fixed-mobile combinations are materially accretive […]

Liberty Global hit by UK subscriber decline

Liberty Global’s fourth quarter results were hit by accelerating TV losses and an overall decline in customer numbers, with the UK, Ireland, Belgium and Switzerland all contributing to the decline. Virgin Media lost 110,900 revenue-generating units in the UK and Ireland and its customer base declined by 9,400, compared with a customer gain of 9,000 […]

Liberty Global extends Netflix deal

Liberty Global has renewed and extended its distribution partnership with Netflix. The parties have announced a multi-year deal that will see over 11 million customers have access to the Netflix service. Liberty Global’s Virgin Media was the first TV operator in Europe to launch Netflix within its platform, with the company now noting that half […]

Virgin Media tops Ofcom’s UK pay TV complaints table

Virgin Media generated the highest volume of pay TV complaints of all UK services providers to regulator Ofcom in the third quarter of last year, with Sky generating the lowest. Virgin Media generated 14 complaints per 100,000 pay TV subscribers over the quarter, with 44% of those being related to complaints handling. The other main […]

La Liga TV launches on Virgin Media 

Premier Sports has announced a partnership with Virgin Media to bring its new channel, La Liga TV, to the operator. The announcement was made at a launch event for the new channel in London. Speaking at the launch, La Liga president Javier Tebas said that the league “wants to be as visible as possible” and […]

Ofcom unveils plans to supercharge UK fibre, close down copper network

UK regulator Ofcom has unveiled new plans to accelerate the slow rollout of fibre, including caps to what BT’s infrastructure arm, Openreach, can charge for access in urban areas combined with incentives for the infrastructure player to invest in rural areas. Opening a consultation on its review of the wholesale fixed telecoms market, Ofcom also […]

“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 […]

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