Virgin Media offers 12.6m homes ultrafast broadband

By Rupert Neate, City Reporter (Media and Technology) Published: 5:17PM GMT twenty-five February 2010

Virgin Media offers 12.6m homes "ultrafast" broadband

Neil Berkett, arch executive, pronounced millions of consumers right away courtesy fast and arguable internet entrance as some-more critical than prohibited showers. "Teenagers don"t caring if they can"t have a shower," he said. "But, gosh they caring if they can"t fool around video games and watch [online] TV."

"The launch of Virgin Media"s 100Mb use will be a ancestral impulse and will meant the UK will be allied to alternative heading broadband nations," he added.

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Virgin pronounced the use will concede users to download a song manuscript in as small as five seconds and a high-definition movie in underneath seven-and-a-half minutes. Virgin will additionally enhance trials of the 200Mbs service.

Mr Berkett pronounced 41,400 households had sealed up to the stream fastest 50Mb use by the finish of 2010 - only five months after the use was rolled-out opposite the network. He pronounced a little households, quite students, were already coming limit capacity.

Virgin combined a sum of 28,600 new subscribers in the last 3 months of last year, the greatest net quarterly enlarge given the company"s origination by the partnership of NTL and Telewest in 2006. Its patron bottom stood at 4.77m at the finish of December, with 10.7pc subscribing to all 4 of Virgin"s products pay-TV, broadband, landline phone and mobile phone.

The company, that is saddled with �5.9bn of debts, some-more than halved the full-year pre-tax waste to �337.5m from �860.2m in 2008. Eamonn O"Hare, financial director, pronounced he approaching that the association would mangle in to distinction by the finish of 2010 or 2011. Revenue increasing by 3.3pc to �980m, whilst Virgin"s at large watched handling distinction increasing by 15.3pc to �366m.