Cable giant Virgin Media UK has reported its latest fourth quarter 2009 results today and revealed plans to roll-out a superfast 100Mbps broadband package by the end of 2010 (prices TBA). The operators total broadband subscriber base increased from 4,027,400 in Q3 to 4,103,500 at the end of last year.
Neil Berkett, Chief Executive Officer of Virgin Media, said:
"In the fourth quarter, we successfully grew both the size and quality of our customer base. New and existing customers responded to an increasingly differentiated product portfolio and competitively priced bundles by buying more, higher value products. This demand underpinned growth across all our product lines and record ARPU which, combined with stable churn, drove a 6% increase in consumer cable revenue and 55% free cash flow growth."
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