Tuesday 2 October 2007
virgin profits
Virgin Media made a loss in the first quarter of 2007 as customers continued to desert the cable firm in the wake of its spat with satellite broadcaster Sky.
An operating loss of £15.3m in the first quarter saw overall revenue fall by five per cent to £1.02bn.
Almost 47,000 customers left the cable service during that time, while the number of new customers signing up reached 184,300, down from 215,500 in the last quarter of 2006.
The losses came despite a £25m rebranding campaign that has seen the company tout its quad-play package of television, mobile phone, landline and broadband internet services.
Virgin's subscriber base now stands at 4.81 million, with an average revenue of £42.75 per user per quarter.
An operating loss of £15.3m in the first quarter saw overall revenue fall by five per cent to £1.02bn.
Almost 47,000 customers left the cable service during that time, while the number of new customers signing up reached 184,300, down from 215,500 in the last quarter of 2006.
The losses came despite a £25m rebranding campaign that has seen the company tout its quad-play package of television, mobile phone, landline and broadband internet services.
Virgin's subscriber base now stands at 4.81 million, with an average revenue of £42.75 per user per quarter.
Progression of Virgin
Following this began the start of Virgin records. In 1969 Branson travelled across the English channel finding records to sell from discount stores to retail stores from the back of his boot and through his mail service, under the name “Virgin” at a considerably cheaper price then High street stores .Following this Branson had saved enough to start his own record shop on oxford street and shortly after launched Virgin records. He then saved enough to own a country estate and launch a recording studio leasing studio time to artists. In 1971 Branson was arrested for illegally selling export stock under his virgin stores.However Branson's mother re-mortgaged the family home to help pay the settlement
vIRGIN MEDIA INFO
Virgin Media Broadband
If you're looking for fast Internet access, then the Virgin Media Broadband service may be just what you need. Broadband speeds of up to 20 Meg are available.
Offer: Just £4.50 a month, if ordered online with the Virgin Phone service, before end of September 2007!
Unlike other Broadband providers, there's no monthly download limit with Virgin Media. Benefit include:
No monthly download limits (Acceptable Usage Policy applies)
Free Broadband modem
Up to 15 email accounts
55MB of webspace for your own website
Webmail that you can use from any online PC
Speeds of up to 20Mbps over broadband, for even faster connection
PC Guard PC security package
More details at www.virginmedia.com
Virgin Media Digital TV
Over 35 digital TV channels delivered via cable to your home for free. There's an XL package overing over 120 TV channels, and there are extras including high definition and TV on demand.
More details at www.virginmedia.com
Update March 2007: Sky Digital pulled Sky One, Sky Two, Sky News, Sky Travel and Sky Sports News from Virgin Media's Cable TV lineup on the 1st of March 2007, after Virgin Media failed to renew the broadcast contract. To get these channels, you'll now need to subscribe to Sky. Coverage in Show 12 of our podcast
Virgin Media Phone
Virgin Phone offers flexible packages and fair pricing. Their packages include an unlimited anytime calls tariff. If you like to keep things flexible and use your phone like a mobile, buying the minutes you want to use, there are Talk Anywhere tariffs giving you a set amount of minutes per month.
If you're looking for fast Internet access, then the Virgin Media Broadband service may be just what you need. Broadband speeds of up to 20 Meg are available.
Offer: Just £4.50 a month, if ordered online with the Virgin Phone service, before end of September 2007!
Unlike other Broadband providers, there's no monthly download limit with Virgin Media. Benefit include:
No monthly download limits (Acceptable Usage Policy applies)
Free Broadband modem
Up to 15 email accounts
55MB of webspace for your own website
Webmail that you can use from any online PC
Speeds of up to 20Mbps over broadband, for even faster connection
PC Guard PC security package
More details at www.virginmedia.com
Virgin Media Digital TV
Over 35 digital TV channels delivered via cable to your home for free. There's an XL package overing over 120 TV channels, and there are extras including high definition and TV on demand.
More details at www.virginmedia.com
Update March 2007: Sky Digital pulled Sky One, Sky Two, Sky News, Sky Travel and Sky Sports News from Virgin Media's Cable TV lineup on the 1st of March 2007, after Virgin Media failed to renew the broadcast contract. To get these channels, you'll now need to subscribe to Sky. Coverage in Show 12 of our podcast
Virgin Media Phone
Virgin Phone offers flexible packages and fair pricing. Their packages include an unlimited anytime calls tariff. If you like to keep things flexible and use your phone like a mobile, buying the minutes you want to use, there are Talk Anywhere tariffs giving you a set amount of minutes per month.
Virgin today
•Since then Branson's Virgin empire most notably includes an Airline, Railway service, mobile network, record label,virgin mega stores, virgin cola, virgin comics amongst many other things. Branson's virgin empire even includes his own privatised 74 acre land on the Virgin islands. Today Branson’s fortunes are thought to be worth at over £4 billion pounds.
History of virgin- Richard Branson
Richard Branson born in 1950, was the man who started the huge Virgin empire which today includes over 350 companies
.Branson as a child suffered from dyslexia and hence struggled at school and had poor academic achievements.At the age of 15 he had already began his business ventures, selling Christmas trees which eventually failed. By the age of seventeen he had started his own student magazine. At the age of seventeen Branson started his own charity. The student advisory centre.
.Branson as a child suffered from dyslexia and hence struggled at school and had poor academic achievements.At the age of 15 he had already began his business ventures, selling Christmas trees which eventually failed. By the age of seventeen he had started his own student magazine. At the age of seventeen Branson started his own charity. The student advisory centre.
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