Subsidiary of Liberty Global | |
Traded as | Formerly NASDAQ: VMED |
Industry |
Telecommunications Mass media |
Founded | 6 March 2006 |
Headquarters | Hook, Hampshire, United Kingdom |
Area served
|
United Kingdom Republic of Ireland |
Key people
|
James Mooney (Chairman) Tom Mockridge (CEO) |
Products |
Digital television broadband internet fixed-line telephone mobile telephony |
Revenue | £4.100 billion (2012) |
£0.699 billion (2012) | |
Profit | £2.852 billion (2012) |
Total assets | £10.504 billion (2012) |
Owner | Liberty Global |
Number of employees
|
14,004 (2012) |
Subsidiaries |
Virgin Media Ireland Virgin Media Business Virgin Mobile UK |
Website | www |
Virgin Media plc is a British company which provides fixed and mobile telephone, television and broadband internet services to businesses and consumers in the United Kingdom. Its headquarters are in Hook, Hampshire, United Kingdom. The company has been a subsidiary of Liberty Global plc, an international television and telecommunications company headquartered in London, since June 2013. Virgin Media previously had a primary listing on the NASDAQ Stock Market and was a constituent of the NASDAQ-100 index. It also had a secondary listing on the .
The company was formed in March 2006 by the merger of NTL and Telewest, which created NTL:Telewest. In July 2006 the company purchased Virgin Mobile UK, creating the first "quadruple-play" media company in the United Kingdom, offering television, internet, mobile phone and fixed-line telephone services. In November 2006 the company signed a deal with Sir Richard Branson to license the Virgin brand for the combined business. All of the company's consumer services were rebranded under the Virgin Media name in February 2007.
Virgin Media owns and operates its own fibre-optic cable network in the United Kingdom, although currently their optical fibre network does not reach the customer premises but rather a street cabinet. As of 31 December 2012 it had a total of approximately 4.8 million cable customers, of whom around 3.79 million were supplied with its television services (Virgin TV), around 4.2 million with broadband internet services and around 4.1 million with fixed-line telephony services. At the same date it had around 3 million mobile telephony customers. Virgin Media competes primarily with Sky, BT Group, EE, O2, TalkTalk, Vodafone and Three.