
The company, which was acquired today by multinational media company Liberty Global, said in its 2012 earnings report that it added 88,700 customers net in the year taking it to a total subscriber base of 4.89m. Revenues increased by 3% to £2.8bn, with 1.8% of that growth coming from new customers and the remainder from an increase in average revenue per customer.
Virgin Media's subscriber base is increasingly opting for higher tier services. 35% of the company's TV subscribers now take TiVo, and 51% of broadband customers take speeds of 30Mbps and above.
774,600 customers take all four Virgin services: TV, broadband, landline phone and mobile.
Virgin Media CEO Neil Berkett said: "2012 was a year of record cable customer growth, where mainstream demand for superfast broadband and TiVo has led to lower churn and a strong increase in new subscribers. Combined with growth in our business division, we have delivered solid financial progress."
The company's revenue for the full year grew to £4.1bn, up 2.7% from 2011. Operating income reached £699m, up from 2011's £540m.








