Virgin Media's quarterly and full year results.

[Tim Deegan]

Originally Posted by muppetman11

He's saying only 200,000 take 50mb not how many it's available to.

Yes, but if you read his first paragraph, he seems to be trying to imply that customers are on slow speeds because higher speeds aren't available.

This is the sort of mind games that companies use when putting out propoganda against their competition.

[andy_m]

Originally Posted by denphone

Yes you have read it correctly.

Well maybe now they're profitable we might see some of the improvements some people on here are so desperate for.

[denphone]

Originally Posted by andy_m

Well maybe now they're profitable we might see some of the improvements some people on here are so desperate for.

l suspect all the buses will arrive at the station all at once.

[Digital Fanatic]

Originally Posted by Tim Deegan

Manchester wouldn't have been so big a distance to move.[COLOR="Silver"]

.

No, Manchester isn't that far, much as I like Manchester it's not somewhere I'd chose to live. The only problem here is that the technical roles have gone to Swansea and the Customer Care side and Mobile is going to Manchester.

The workforce at the Albert Dock is technical and 2nd line/Outage surveillance/Business support, so not really the skill sets for Manchester

[Tim Deegan]

Originally Posted by Digital Fanatic

No, Manchester isn't that far, much as I like Manchester it's not somewhere I'd chose to live. The only problem here is that the technical roles have gone to Swansea and the Customer Care side and Mobile is going to Manchester.

The workforce at the Albert Dock is technical and 2nd line/Outage surveillance/Business support, so not really the skill sets for Manchester

I see your point. If VM would improve their business service, then they would probably need to expand that also.

Good luck job hunting.

[Digital Fanatic]

Originally Posted by Tim Deegan

I see your point. If VM would improve their business service, then they would probably need to expand that also.

Good luck job hunting.

Cheers mate

[Horizon]

Looks like their live broadcast is being traffic managed..... Picture and audio constantly breaking up, they're trying to fix it now.

What a mess.

[Sirius]

Originally Posted by qasdfdsaq

Given the 50mb upstream uplift is many months behind schedule, the idea of them finishing that *and* getting 100mb done "months ahead of schedule" just goes to show they have no grasp of the English language. Particularly given how loosely they use the terms "unlimited" "everyone" "double" "all" "best" "gaming" and now "ahead".

As a breakdown, this puts VM's current cable broadband base at a total of 4,850,600 customers, of which:
3,600,000 (74%) are still on 2 or 10mbps
Only 500,000 (10%) are on 20mbps
Only 200,000 (4%) are on on 30mbps
Only 200,000 (4%) are on 50mbps and 100mbps combined

And if you believe TBB's figures, 8% don't exist

I knew it would not take long

[New to cable]

Originally Posted by Sirius

I knew it would not take long

It doesn't really matter if people try to twist or discredit the figures. If they're taken as fact then Virginmedia have increased profits and increased Average Revenue Per User

For Sky/Virgin/BT those are two of the most important figures to give shareholders along with subscriber increase/decrease.

[Hugh]

Originally Posted by qasdfdsaq

Given the 50mb upstream uplift is many months behind schedule, the idea of them finishing that *and* getting 100mb done "months ahead of schedule" just goes to show they have no grasp of the English language. Particularly given how loosely they use the terms "unlimited" "everyone" "double" "all" "best" "gaming" and now "ahead".

As a breakdown, this puts VM's current cable broadband base at a total of 4,850,600 customers, of which:
3,600,000 (74%) are still on 2 or 10mbps
Only 500,000 (10%) are on 20mbps
Only 200,000 (4%) are on on 30mbps
Only 200,000 (4%) are on 50mbps and 100mbps combined

And if you believe TBB's figures, 8% don't exist

Strange - VM's results state

Nearly 1.2m customers currently subscribe to tiers of 20Mb or above, which represents over 28% of our cable broadband base. Nearly 700,000 subscribe to 30Mb or above, including nearly 200,000 customers on our 50Mb or 100Mb tiers

[GrimUpNorth]

Originally Posted by Mobes

I thought we were going to hear some good news about TV channels etc as well today or did i mis-read, dream that??

The only thing I saw whilst having a quick read was on page 29 of the Strategy Update Presentation, which says standard 2012 bundle will include M+ with five additional channels. On XL myself so dont know if M+ has changed recently or if this is a hint of things to come.

Cheers

Grim

[alwaysabear]

Originally Posted by Mobes
I thought we were going to hear some good news about TV channels etc as well today or did i mis-read, dream that??



I think that was Den being his optimistic self.

[qasdfdsaq]

Originally Posted by Tim Deegan

You really do hate VM don't you??

I don't know where you get your figures from, but on the news this moring it said that 50mb is currently availble for half of UK households.

Nope.

You really can't read can you?

I don't know where you get your ideas from but last I knew the words "are on" did not mean anything remotely like "have nothing higher available to them than".

---------- Post added at 18:26 ---------- Previous post was at 18:22 ----------

Originally Posted by Hugh

Strange - VM's results state

That's exactly the same numbers as I'm quoting. Except, if 1.2m were 28%, then the total would be 4.28 million, whereas TBB state:

Broadband is very much a growth area for Virgin Media, adding some 30,000 net customers to its cable broadband service in the last quarter, up 91,800 over the last twelve months, taking the total to 4,850,600

Looking at the results themselves, that's actually the total for *all* cable customers, not broadband. TBB also quote the "nearly" numbers as "actual" - i.e.

28% (1,200,000) of customers subscribe to a 20 Mbps or faster product, 700,000 connect with 30 Mbps or faster, and there are some 200,000 customers on the 50 Mbps and 100 Mbps products.

28% is actually 1,148,812 or, to 2SF, 1,100,000.

(Though if you look further into the VM's "over 28%" quote, the actual number of customers on >=20mbps would be between 1.14m and 1.18m. Assuming they'd have rounded up 28.5 to 29, then 28.49% is 1,168,916.)

If you take VM's own total broadband figure of 4,102.9 instead of TBB's misquoted 4.85m, then you get:
At least 2,902,900 (71%) customers on 2 or 10mbps (or lower), the rest of the figures are still the same, apart from percentages
Only 500,000 (12%) are on 20mbps (the same)
Only 500,000 (12%) are on on 30mbps (would be the same if I hadn't miscalculated in my earlier post)
Less than 200,000 (5%) are on 50mbps and 100mbps combined (the same)

That also explains the missing 8% - thanks!

[denphone]

Originally Posted by alwaysabear

Originally Posted by Mobes
I thought we were going to hear some good news about TV channels etc as well today or did i mis-read, dream that??



I think that was Den being his optimistic self.

As Yoda once said think positively my Padawan.

[qasdfdsaq]

Originally Posted by muppetman11

He's saying only 200,000 take 50mb not how many it's available to.

Hah, a muppet can read better than some people!