Close
SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

Virgin Media Q4 net income increases
[February 13, 2013]

Virgin Media Q4 net income increases

Feb 13, 2013 (Datamonitor via COMTEX) -- Virgin Media Inc., a company engaged in entertainment and communications business, has reported a net income of GBP2.66 billion, or GBP8.19 per diluted share, for the fourth quarter ended December 31, 2012, compared to GBP48.2 million, or GBP0.16 per diluted share, for the same quarter ended December 31, 2011.

Revenue for the fourth quarter ended December 31, 2012 was GBP1.04 billion, compared to GBP1.02 billion for the same quarter ended December 31, 2011.

Net income for the year ended December 31, 2012 was GBP2.85 billion, or GBP8.75 per diluted share, compared to GBP75.9 million, or GBP0.24 per diluted share, for the year ended December 31, 2011.


Revenue for the year ended December 31, 2012 was GBP4.1 billion, compared to GBP3.99 billion for the year ended December 31, 2011.

Neil Berkett, CEO of Virgin Media, said: "2012 was a year of record cable customer growth, where mainstream demand for superfast broadband and TiVo has led to lower churn and a strong increase in new subscribers. Combined with growth in our business division, we have delivered solid financial progress." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

[ Back To TMCnet.com's Homepage ]





LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.