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virgin media. _q12008_final
Virgin Media reported financial and operational results for the first quarter of 2008. Key highlights included continued growth in customers and revenue generating units (RGUs), with 204,300 total RGU net additions. Churn declined to 1.2%, its lowest level since 2004. ARPU decreased slightly to £41.91 due to competitive pricing pressures. Operating cash flow increased to £324 million. While revenue declined year-over-year, the company saw improvements in key metrics like churn, penetration of triple-play customers, and operating cash flow. Management remains focused on leading in broadband and enhancing the TV experience through video on demand.
