Virgin Media reports record customer growth

Virgin Media has enjoyed it best quarter yet, expanding its user base to 99,000. 

 

Virgin Media has enjoyed it best quarter yet, expanding its user base to 99,000. 

The broadband provider claimed that it added 55,000 customers in the last quarter of 2015, making the figure 158,000 overall for the year. 

This is the highest customer uptake the firm has experienced since its inception in 2007.

Virgin Media claims that the success can be attributed to its Project Lightning program, which aims to bring fibre broadband to 4 million UK households.

The company adds that it offers speeds up to 3 times faster than its competitors, which will help it expand its user base by 500,000 this year.

CEO of the company, Tom Mockridge, claimed that the results showed more and more people were switching to Virgin Media. 

“These results demonstrate a strong financial performance from Virgin Media.”

“More people than ever are choosing to switch to the UK’s fastest broadband speeds from Virgin Media, whether they are at home, at work or on the go.”

Virgin Media has recently said that it will increase its maximum broadband speed to 200Mbps, which will be available to standard customers.

Business customers, however, will have access to up to 300Mbps as well as free broadband installation after the government’s cancellation of its business broadband voucher scheme. 

Source: Cable

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