Virgin Media Q4 gets TiVo, broadband boost

Discussion in 'TiVo Coffee House - TiVo Discussion' started by sbiller, Feb 8, 2012.

  1. sbiller

    sbiller Active Member

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    http://www.reuters.com/article/2012/02/08/us-virginmedia-idUSTRE8170FA20120208

    LONDON | Wed Feb 8, 2012 4:00am EST
    (Reuters) - British cable operator Virgin Media (VMED.O) beat expectations for its fourth quarter, after customers snapped up the combination of its new TV service and fast broadband offerings.

    Also like BSkyB, the strategy appears to be paying off, as the number of customers taking its new TiVo TV service, which offers on-demand programming and recommendations, more than doubled in the fourth quarter with 273,000 net additions.

    It had 435,000 TiVo customers at the end of the year, 12 percent of the overall TV base. Also during the quarter, 133,000 new and existing customers moved to its superfast broadband offering.
     

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