Virgin Media's school report for both last year and last quarter has been pretty positive for the Branson-
Branded service. It pulled down £4 billion ($6.3 billion) in revenue for the year and made its first ever profit with a tidy £76 million ($120 million). In the last quarter alone, it added 273,000
TiVo subscribers, a figure that doubled its overall figure to 435,000. Favorite shows included
Coronation Street, which was most caught-up with and
The Vampire Diaries, which was the most binge-watched series. It's also clear that us Britons do love some super-fast broadband, 133,000 users plumped for speeds over 30MB in Q4. Flush with cash, it's going to buy back some shares and double consumers broadband speeds as it
promised in January -- which we suppose is a fair way to spend your first profit, even if we'd have preferred to go to
Disneyland.
Virgin Media's Q4 2011 report: Brits love TiVo, Fast Broadband, Vampire Diaries originally appeared on Engadget on Wed, 08 Feb 2012 06:32:00 EDT. Please see our terms for use of feeds.
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CommentsSource: http://www.engadget.com/2012/02/08/virgin-media-2011-q4/
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