Posted: 09th May, 2007 By: MarkJ
The UK's largest cable TV broadcaster and ISP has reported its latest first quarter results to 31st March 2007. The group managed to rack up an impressive 3,416,900 broadband customers, consolidating its lead over rival BT:
We continue to experience strong growth in the number of cable broadband subscribers with net additions of 87,900 in the quarter, up from 78,100 in the previous quarter.
Virgin Media now has 3.15 million cable broadband subscribers. At the quarter-end, we had 270,500 off-net [ADSL] broadband subscribers, with growth of 9,700 in the quarter.
As an end-to-end network owner, cable has inbuilt advantages in the quality of broadband service that we offer. Customers can receive consistent speeds no matter where they live on our network and we have begun the phased roll-out of an increase in our top tier speed to 20Mb. We are also currently conducting a residential trial of a 50Mb broadband service.
Some might disagree with the "consistent speeds" remark, although perhaps its new traffic management policy will solve that.