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Virgin Media on customer growth

Virgin Media on customer growthAs per the Virgin Media and the facts revealed by it has started to cultivate the customer figures for the first time since its NTL-Telewest merger of customers.

Further the group was proficient to add 9,100 new households on a net basis in the previous three months up to June 30, which is for them is a conventionally weak quarter.

The growth depicts recoil on previous year, when Virgin mislaid approx 28,000 customers. But sincere thanks to an inclining expenditure on advertising as well as huge stretch of the Virgin fiber optic cables around more homes within the UK.

Virgin has also discovered success from its cross-selling effort from its products like mobile and broadband.

Moreover the underlying operating income reached from just £9.4m to £79.6m in the liberty of just a year that took the earnings for the first six months of 2010 to £149.2m. Also the revenues for the second quarter reached 7% higher at £964m.