Virgin Media quadruples number of TiVo users; customers spend more on faster broadband

Virgin TiVo

Virgin Media says it has quadrupled the number of people taking its flagship TiVo personal video recorder since it was introduced threee months ago. The total number of TiVo susbscribers now stands at 222,000 households in the UK.

The number of on-demand TV shows watched each month reached 80 million, an increase of 10% on 2010.

At the same time, Virgin says more than half of its new customers are opting for its high-speed 30mbps broadband service, with susbcriber numbers up from 178,000 to more than 500,000.

The figures were released today with Virgin Media's financial results for the first nine months of 2011.

Revenues grew 2.2% to £1bn compared with the same period in 2010. Operating income increased year on year from £102m to £128m, while the company made a loss before tax on continuing operations of £74m, compared with a profit of nearly £10m the year before. Virgin still has total debt of £5.7bn.

Chief executive Neil Berkett says: "Our results show that we're successfully serving what is a rapidly emerging market for better quality services. The demand for superior connectivity is accelerating as more people, regardless of their circumstances, recognise the best digital technology is worth paying more for."

Follow whathifi.com on Twitter

Join whathifi.com on Facebook

Andy Clough

Andy is Global Brand Director of What Hi-Fi? and has been a technology journalist for 30 years. During that time he has covered everything from VHS and Betamax, MiniDisc and DCC to CDi, Laserdisc and 3D TV, and any number of other formats that have come and gone. He loves nothing better than a good old format war. Andy edited several hi-fi and home cinema magazines before relaunching whathifi.com in 2008 and helping turn it into the global success it is today. When not listening to music or watching TV, he spends far too much of his time reading about cars he can't afford to buy.

Latest in Streaming & Entertainment
Lucknow Super Giants' Marcus Stoinis plays a shot during the Indian Premier League (IPL) Twenty20 cricket match ahead of Delhi Capitals vs Lucknow Super Giants in the 2025 Indian Premier League
DC vs LSG live stream: how to watch IPL cricket online, Delhi win toss and bowl first
Kolkata Knight Riders' Rinku Singh plays a shot during the Indian Premier League (IPL) Twenty20 cricket match between Gujarat Titans and Kolkata Knight Riders at the Narendra Modi Stadium in Ahmedabad on April 9, 2023. (Photo by INDRANIL MUKHERJEE / AFP) (Photo by INDRANIL MUKHERJEE/AFP via Getty Images)
IPL live stream 2025: how to watch Indian Premier League cricket online from anywhere, teams, schedule, GT vs PBKS
Qobuz
Qobuz reveals average payout per stream – and claims it is higher than rivals
George Benson Give Me the Night album cover
This Quincy Jones-produced disco tune has become my go-to test track – and taught me a valuable lesson about hi-fi, too
A woman flicking through stacks of vinyl records in a Rough Trade shop.
Vinyl records and music streaming both hit landmark highs – but the one growing faster in revenue may surprise you
Google TV Streamer video streamer
Google TV Streamer
Latest in News
RCA Roku TV 24-inch (RK24HF1) small TV
My favourite kitchen TV has dropped to under £100 for Amazon Spring Deal Days
Sony XR-48A90K
Amazon has slashed the price of this five-star Sony OLED, but we have found an even better deal
Fiio FX17 in-ear headphones
Fiio's flagship in-ear headphones are packed full of drivers to put your music in pole position
Apple AirPods Max 2024 in blue finish on bookshelf
Lossless audio and wired listening finally comes to AirPods Max
iFi Valkyrie in gold with a laptop
iFi's flagship iDSD Valkyrie DAC/amp teases cutting-edge tech for a sound that's worthy of Valhalla
Amazon Spring Deal Days 2025 promotional image with Amazon boxes
Amazon Big Spring Sale live: our TV and headphone experts’ real-time buying advice