0
General

Virgin Media reports Q2 revenue down 3.5% to GBP 1.23 billion on Covid-19 impact

Tuesday 4 August 2020 | 11:00 CET | News
Virgin Media generated revenue of GBP 1.23 billion for Q2 2020, down 3.5 percent on a reported basis and 3.6 percent on a rebased basis, with certain low-margin revenue streams impacted temporarily by Covid-19. As of 30 June, Virgin delivered broadband, video and telephony services to 5.98 million cable customers and mobile services to 3.4 million subscribers across the UK and Ireland.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Virgin Media
Countries: Ireland / United Kingdom
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Clevernet acquires Irish Wi-Fi services provider Connect2Fi

Published 16 Nov 2020 13:06 CET | Ireland
Dublin-based building technology company Clevernet has acquired Wi-Fi services provider Connect2Fi for an undisclosed sum from ...

Virgin Media Ireland sees higher losses in 2019, as sales jump to EUR 378 million

Published 02 Nov 2020 11:17 CET | Ireland
Virgin Media Ireland saw its losses increase in 2019 on higher costs, as revenue jumped from EUR 363 million in 2018 to EUR 378 ...

Irish consumers increase online spend since start of pandemic - research

Published 08 Oct 2020 15:54 CET | Ireland
The average online spend by Irish consumers was EUR 245 in August, with almost half (47%) saying they now shop online more than ...

Virgin Media Ireland promotes Virgin TV 360 with major ad campaign

Published 05 Oct 2020 16:37 CET | Ireland
Virgin Media Ireland is launching a major new marketing campaign on 05 October to promote the new Virgin TV 360 Platform ...

Virgin Media launches new connected entertainment platform in Ireland

Published 01 Oct 2020 14:58 CET | Ireland
Virgin Media Ireland has launched a new connected entertainment platform called Virgin TV 360. The service allows customers to ...

Virgin Mobile offers free screen repair service for pay-monthly customers

Published 28 Sep 2020 10:52 CET | United Kingdom
UK MVNO Virgin Mobile is offering a free screen repair service for new and existing pay-monthly customers upgrading before 08 ...

Virgin Media Ireland launches gigabit broadband services across network

Published 20 Aug 2020 14:48 CET | Ireland
Virgin Media Ireland has switched on gigabit broadband services across its network. ...

Virgin TV customers can watch Champions League, Europa League finals for free

Published 19 Aug 2020 10:59 CET | United Kingdom
Virgin Media confirmed that all Virgin TV customers can watch the 2020 UEFA Champions League and Europa League finals free of ...

Virgin Media connects 3,600 Derbyshire homes to ultrafast broadband

Published 17 Aug 2020 15:42 CET | United Kingdom
Virgin Media has announced availability of ultrafast broadband for 3,600 households in Old Whittingham, Derbyshire. The roll-out ...

Virgin Media offers UK customers early access to new Marvel's Avengers game

Published 13 Aug 2020 11:16 CET | United Kingdom
Virgin Media is offering customers early access to the beta version of the new 'Marvel's Avengers' game over the weekend of 14-16 ...

Virgin connects 2,500 Wirral homes to ultrafast broadband network

Published 10 Aug 2020 13:04 CET | United Kingdom
Virgin Media has connected 2,500 homes in Leasowe, Wirral, to its ultrafast broadband network. The roll-out is part of the ...

Virgin rolls out gigabit broadband in Glasgow, Leeds, Bradford

Published 04 Aug 2020 10:37 CET | United Kingdom
Virgin Media has rolled out gigabit broadband services to almost one million homes in the UK cities of Glasgow, Leeds and ...

Liberty Global revenues fall 4.5% in Q2, hit by covid-19 effects

Published 04 Aug 2020 09:38 CET | Europe
Fixed-mobile convergence (FMC) continued to drive mobile growth, with 100,000 postpaid additions, and penetration reached 23 ...

Irish relied on broadband for health, wellbeing support during lockdown - Virgin

Published 29 Jul 2020 21:35 CET | Ireland
New research commissioned by Virgin Media Ireland shows that Irish people have relied heavily on broadband to support their ...

More UK ISPs commit to fairer pricing for vulnerable out-of-contract customers

Published 28 Jul 2020 14:53 CET | United Kingdom
UK regulator Ofcom has secured commitments from EE, Sky and Plusnet to reduce prices for out-of-contract broadband customers. ...

Virgin connects over 3,000 Shirebrook homes to ultrafast broadband

Published 26 Jul 2020 16:17 CET | United Kingdom
Virgin Media has connected 3,300 homes in Shirebrook, Derbyshire, to its ultrafast broadband network, giving them access to ...

Virgin connects over 4,000 Blackpool homes to fibre broadband network

Published 22 Jul 2020 11:01 CET | United Kingdom
Virgin Media has connected over 4,000 homes in Blackpool to its fibre (FTTP) broadband network. The roll-out is part of the ...

Virgin Media selects Globecast for playout of pop-up exercise channel

Published 15 Jul 2020 10:02 CET | United Kingdom
Globecast announced that Virgin Media turned to the company to provide a playout platform for its 'pop-up' HD exercise channel ...

Virgin Media connects Warsop homes to FTTP network

Published 13 Jul 2020 16:40 CET | United Kingdom
UK operator Virgin Media announced it has connected 4,000 homes in Warsop, Nottinghamshire to its FTTP network. This is part of ...

Liberty Global starts first remote phy deployment in UK

Published 13 Jul 2020 09:18 CET | United Kingdom
Liberty Global said it has started testing remote phy technology on its cable network in the UK. Over 200 Virgin Media customers ...

Virgin Media adds Sky Cinema to TV Go app

Published 13 Jul 2020 09:09 CET | United Kingdom
UK operator Virgin Media TV announced the addition of Sky Cinema channels, as well as hundreds of movies on demand, to its Virgin ...

Virgin Media Ireland promotes Higgins to Vice President of Commercial

Published 10 Jul 2020 11:05 CET | Ireland
Virgin Media Ireland has announced the appointment of Paul Higgins as Vice President of Commercial....

Virgin connects 4,500 Sowerby Bridge homes to fibre broadband

Published 09 Jul 2020 20:29 CET | United Kingdom
Virgin Media has connected 4,500 homes in Sowerby Bridge, West Yorkshire, to its ultrafast, full-fibre (FTTP) broadband network....

Virgin Media adds Pluto TV app to TV platform in UK

Published 09 Jul 2020 17:36 CET | United Kingdom
Virgin Media has announced the addition of the Pluto TV to its TV platform in the UK....





Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
::: More Calendar Items