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Virgin Media Reaches 4.57 Million UK Cable Broadband Subscribers

Wednesday, Aug 5th, 2015 (1:32 pm) - Score 1,085

National UK cable operator Virgin Media (Liberty Global) has today published their latest results to the end of Q2 2015, which reveals that they’ve reached a total of 4,570,300 broadband customers, with 40% of those now taking their “ultrafast” 100Mbps+ services.

At this point we note that Virgin Media has split their results again, which during Q1 2015 had been confusingly combined with UPC Ireland. Adjusting for that we’d say Virgin Media had a fairly flat month for broadband, not least due to the usual seasonal contract cancellations by students, although the reporting shenanigans mean we can’t offer an exact quarterly change.

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The Q2 results are also absent some 40,000 subscribers from their old ADSL (Virgin.net / Virgin National) base, which have since been chucked off to TalkTalk (here). Curiously the report notes that some 300 of those Internet subscribers have not yet been migrated.

Elsewhere Virgin Media reports that their Two-Way Homes Passed figure (i.e. homes on those sections of Virgin’s cable network that are technologically capable of providing two-way services, including video and Internet) has reached 12,684,100 (up from 12,539,700 a year ago) due to their network expansion. No doubt this will shoot upwards over the next few years as Project Lighting helps them to reach another 4 million premises by 2020 (this work recently began in Leeds and Manchester).

The operator is also home to 3,014,400 mobile subscribers, which is down from 3,041,300 last year. Meanwhile, on the financial front, Virgin’s monthly Average Revenue Per Customer Relationship (ARPU) has increased slightly to £50.56 from £49.95 last year, while their total quarterly revenue stood at a virtually flat £1,147.7m and operating income was slightly improved to £103.6m.

Virgin Media also seems likely to launch another speed boost of up to 300Mbps in the near future and they’ll probably begin testing even faster speeds with their first DOCSIS 3.1 trials, which we’re expecting to see either later this year or during early 2016. On top of that there’s the endless speculation about a hook-up with Vodafone in the UK, although it remains to be seen whether anything will come of that.

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Mark-Jackson
By Mark Jackson
Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on X (Twitter), Mastodon, Facebook, BlueSky, Threads.net and .
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