Does Virgin Media make a profit?

Virgin Media has reported profits of 333m for the second quarter of this year, despite losing 19,500 customers during the period. The company reported its results for the three months ending June 30 today (August 7).
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What is the value of Virgin Media?

On 5 February 2013, Liberty Global announced that they had agreed to buy Virgin Media for approximately US$23.3 billion (£15 billion) in a stock and cash merger.
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Does BT own virgin?

Virgin runs on its own exclusive network, whereas BT operates over the widely used Openreach network, but whatever package you currently have – broadband, TV or phone – switching between the two need not be a hassle. This guide outlines everything you need to know about switching between BT and Virgin Media.
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What is better Sky or Virgin Media?

The clear winner here is Sky, purely down to the fact that it runs on the BT Openreach network, which is accessible to 99% of mainland UK properties. The estimated reach of Virgin Media's own network is around 75%, and mainly in urban areas (according to 'broadband choices').
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Why is Virgin Media so successful?

It burst into the marketplace with celebrity-packed advertisements and marketing stunts to showcase its unique offering of TV, home phone, and broadband packages. In fact, Virgin Media was the first to offer these components that we currently take for granted, in a single bundle.
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Virgin Media Stream: Will it save you money?



Who are Virgin Media competitors?

Virgin Media's main competition in the UK and the Republic of Ireland are: Sky, BT, EE, O2, TalkTalk, Vodafone and Three.
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Is Virgin Media sustainable?

Virgin Media has achieved zero waste to landfill operations for the first time, and since 2014 has reduced its operational carbon footprint (scope 1 and 2) by 46% and refurbished and reused more than 8 million products, it has revealed in its latest 2020 Sustainability Report.
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How many customers do Virgin Media Ireland have?

Virgin said it now has 434,500 fixed-line customer relationships and 123,700 mobile customers in Ireland.
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Is Virgin Media losing customers?

The UK's major pay-TV companies Sky and Virgin Media are forecast to lose one-sixth of their combined subscriber base over the next five years as streaming becomes more popular across Western Europe.
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Is Virgin Media in financial trouble?

Virgin Media almost tripled its losses in the three months to 30 June, as the coronavirus crisis dented revenue despite record customer sign-ups.
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How much profit did Virgin Media make in 2021?

VMO2 reported total transaction adjusted revenue of GBP10. 38 billion (USD14. 1 billion) for FY 2021, representing a 1.2% year-on-year fall, attributed to increases in consumer fixed and other revenue being more than offset by declines in mobile revenue and B2B fixed revenue.
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Who is better than Virgin Media?

Sky TV is the best choice for an alternative to Virgin TV. It has roughly the same number of channels and an excellent TV box with useful features such as multiroom, recording, and built-in streaming support. Like Virgin, Sky TV is available as a standalone TV package without broadband or phone.
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How many people in the UK have Virgin Media?

We have 48 million UK connections across broadband, mobile, TV and home phone. Our own fixed network currently passes 15.6 million premises alongside a mobile network that covers 99% of the nation's population with 4G, and more than 300 towns and cities with 5G services.
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Can you just get Virgin TV without broadband?

Virgin no longer offers customers the option of having its TV without also taking Virgin broadband too, but there is plenty of flexibility available within that limitation.
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What was Virgin Media called before?

In February 2007, NTL:Telewest was rebranded as Virgin Media.
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How many customers does Virgin Media business have?

Together, we serve 25 million customers across 14 countries.
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Is Sky worse than virgin?

Virgin Mobile runs on the EE network and Sky Mobile runs on O2. As a result, on balance, Virgin Mobile offers faster download speeds and has wider 5G coverage than Sky Mobile. Both providers also include unlimited texts and calls with all their data plans. So it has to come down to features.
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Will Sky cancel my Virgin Media contract?

Cancelling your current provider

Normally we can let your provider know you're switching to Sky Broadband & Talk, so you don't have to. But you'll need to get in touch with your provider to cancel if you're with Virgin Media or another provider that doesn't use the Openreach network.
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Is Virgin cheaper than Sky?

Winner: Virgin Media broadband is faster and usually cheaper than Sky broadband. Sky are a big name in superfast broadband, but they only launched their full fibre broadband plans in October 2020 and the top speeds available are 500Mb in limited locations.
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