Virgin Media Full Year and Fourth Quarter 2012 Results
Wednesday, February 6th, 2013TiVo Inc. customers increased 896,900 in the year, 187,300 in the quarter; Paying TV customers* increased 210,000 in the year, 59,900 in the quarter
LONDON, England — Virgin Media Inc. (NASDAQ: VMED; LSE: VMED) announces results for the year and quarter ended December 31, 2012.
Operations Statistics – Television (000’s)
Dec 31, Sept 30, June 30, March 31, Dec 31, 2012 2012 2012 2012 2011 --------- --------- --------- --------- --------- Customers 3,795.5 3,778.4 3,767.7 3,775.3 3,763.1 Net adds (disconnects) 17.1 10.7 (7.6) 12.2 1.1
We added 896,900 more TiVo customers during 2012, including 187,300 in the fourth quarter to reach a total of 1.33m or 35% of our TV customer base. This uptake has helped to drive the overall number of paying TV customers, which increased by 210,000 in the year, including 59,900 in the final quarter.
We launched our Virgin TV Anywhere service towards the end of the year which allows our TV customers to stream up to 45 live channels to tablets and smartphones, with even more content available online, including thousands of hours of on demand programming. It also allows Virgin Media TiVo customers to connect to their TiVo boxes to manage their recordings wherever they are.
Liberty Global
On February 5, 2013, Liberty Global, Inc. and Virgin Media Inc. announced that they had entered into an agreement, subject to shareholder approvals, pursuant to which Liberty Global, Inc. will acquire Virgin Media Inc. in a stock and cash merger.
* Paying TV base is our total TV customer base less those on packages which include a free TV service provided with a non-TiVo set top box.
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