Virgin Media revenue up as customer subscriptions fall

Virgin Media Ireland increased revenue by 2% to €100m in the three months to the end of June despite declining customer numbers. The company said revenue edged higher in the second quarter of the year as more customers availed of its “high value offerings”.

This disguises the fact, however, that Virgin Media had 6,700 fewer customers at the end of the quarter than in March.

Virgin’s total number of customer relationships — the number of people who avail of at least one service — dropped to 461,500 over the three-month period.