Tag: business

Virgin Media announces 7% revenue boost

Virgin Media has announced some healthy second quarter fiscal figures for 2010.

For the quarter ending June 30th, the company reported that total revenue was up to £964 million, within touching distance of the magic billion mark.

That figure was up 7.1% and represented the strongest growth for the firm in four years, with the company singling out the performance in its mobile and business divisions.

Virgin also reported that its operating income had increased from £9 million to £80 million. Furthermore, the company said it was experiencing continued success with its bundling strategy, seeing triple-play penetration increase to 62%, and quad-play to just over 11%.

While analysts were expecting Virgin to shed customers this quarter, the opposite happened, with 9,100 new subscribers being recorded.

CEO of Virgin Media, Neil Berkett, commented: “A growing base of customers, combined with increased ARPU and improvements in Business and Mobile revenues, drove strong revenue growth and a double digit year-on-year percentage increase in OCF for the third successive quarter.”

“This performance was driven by our ability to offer households and businesses an increasingly differentiated range of digital services. Going forward, we’ll continue to differentiate our propositions by proactively exploiting the advantages of our network and our mobile capability.”

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Virgin Media announces 7% revenue boost

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conn08_logo.pngParks Associates announces the preliminary agenda for CONNECTIONS: The Digital Living Conference and Showcase, which will address the future of digital entertainment and connected CE with keynotes from Sony and Samsung. In addition to the focus on digital content and new service offerings for consumers, the three-day event will feature research presentations and speaker panels on support services, DRM, energy management and controls, advertising, and mobile applications and services.


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CONNECTIONS: The Digital Living Conference and Showcase with Keynotes from Sony and Samsung

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CASBAA focuses on Vietnam’s pay-TV market

Website: Rapid TV News

Asian pay-TV industry body/lobby group the Cable & Satellite Broadcasting Association of Asia (CASBAA) is turning its attention to the high-growth market of Vietnam.

All be it starting from a low base, Vietnam has enjoyed pay-TV growth of almost 400% from 2006 to 2009.

CASBAA has organised a Vietnam Pay-TV Industry Seminar in Hanoi on April 28.

Themed “Pay-TV on the Rise”, the one-day programme will gather both domestic and international broadcasters, platforms, telcos, technology and service providers, as well as government officials to examine the business models and challenges for this burgeoning Vietnamese sector.

CASBAA said exponential growth is expected to continue and that it was eager to promote Vietnam’s pay-TV sector.

“It is one of the most exciting developing markets in the Asia Pacific with huge business potential.

We should not miss these opportunities,” said Simon Twiston Davies , CEO of CASBAA.

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Technosummits announced that “enabling the future of the digitally-connected home Telco VoD or OTT Video?” is the theme for the 3rd Annual Media Content World Summit 2010 to be held at The Courthouse Hotel London on Wednesday, 31st March 2010.

The Media Content World Summit is the premier event in the broadcast, media, entertainment and technology sector looking into some business opportunities presented by convergence and the coming together of the separate worlds of audio, video, data and voice communication services.


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Technosummits’ Media Content World Summit to Debate Telco VoD or Internet Video

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Business
Each year All-over-IP Forum gets bigger, covers a larger number of product areas and attracts a wider audience of global vendors and carefully pre-qualified customers from all over Russia.

The Third All-over-IP Forum opens on November 18, 2010 at Sokolniki Expo in Moscow, Russia.

For the first time this year, half of the expo booths and seminars available have been already sold out by March 2010


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All-over-IP’2010: Global Vendors Focus on Russia’s Market Opportunities

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