Virgin Mobile swells contract numbers

Virgin Mobile swells contract numbers

Virgin Mobile added 58,000 contract customers during the past 12 weeks, bringing its contract base to 1.9 million.

The figures were revealed in parent company Liberty Global's results for the quarter to 30 September. The third quarter of 2013 was the first full trading period Virgin Media operated under its new owner.

It ended the quarter with 3.031 million customers, up from 3.026 million in the three months to the end of June. Average revenue per user increased by 5p quarter on quarter to £12.31. Mobile revenue was up by £300,000 to £111.8m, with the company losing 53,000 prepay customers.

Across Virgin Media, operating cash flow was $663.0m, with sales of $1.59bn. Tom Mockridge, Virgin Media CEO, said: 'As part of Liberty Global, we are well positioned to begin to take advantage of these opportunities and meet the growing demand for digital from switched on families.'

Author: Graeme Neill

Written by Mobile Today
Mobile Today

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