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virgin media.Q1_07_Analyst_presentation_FINAL
Virgin Media reported its financial results for the first quarter of 2007. Key highlights include: 1) Strong growth in broadband, TV and mobile contract customers due to compelling offers and marketing campaigns promoting bundled services. However, fixed line customers continued to decline due to increased competition. 2) ARPU was slightly down due to lower fixed line usage, but triple play penetration and Old NTL ARPU increased, pointing to continued ARPU growth. 3) Customer churn improved to 1.6% due to more rigorous credit policies and efficient sales channels, while Sky basics had a minimal impact in Q1. 4) Mobile contract growth remained strong through cable cross-sell, while pre-pay declined season
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