Virgin TiVo subscribers hit 1 million mark
Virgin Media has announced that 1 million customers now use its TiVo service. Acording to the company's second quarter results, its TiVo customer base increased by 261,700 to 938,800 before reaching 1 million yesterday. Virgin rewarded their one millionth customer by sending television personality Martin Kemp to install their new TiVo service.
Overall, Virgin Media saw a 37,800 increase in its paying TV base over the three months.
Virgin also said that its superfast broadband base (customers taking 30Mbps or above) increased by 459,800 in Q2 to 1.3m.
Virgin's quad-play penetration—customers taking Virgin Media TV, broadband, phone and Virgin mobile—now stands at 15.4%, while its average revenue per user (ARPU) increased 3.1% to £48.82 in Q2.
Total revenue increased 4.2% for Virgin Media in the second quarter to £1,027m. Operating profit was up 33% to £180m for the quarter, while net profit stood at £65m, according to the results.
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