Virgin Media had a flat Q3, managed to roll out gigabit internet to 3 million more premises across Northern Ireland and London

ISP reckons it can hit national coverage by end of next year


Virgin Media added 125,000 premises to its network during the third quarter of 2020, a period for which the Liberty Global-owned telecoms giant posted weaker profits and marginal revenue growth.

The broadband provider – which is in the process of merging with Telefónica's O2 mobile network – had pledged to add four million premises by the end of last year as part of its Project Lightning initiative. Progress has proven slow, and Virgin only crossed the halfway mark earlier this year.

Virgin Media's network now reaches 16.13 million premises, up from 15.69 million in the same quarter last year.

There was some good news with respect to Virgin's ultra-fast rollout. The business made gigabit-capable speeds available to more than 400,000 thousand premises across Northern Ireland, making it the first UK region in Virgin's portfolio to have full coverage. This is in addition to roughly 2.6 million London premises.

Virgin's gigabit-capable network is now available to 6.8 million premises, representing 45 per cent of its network footprint. It estimates it can reach national coverage by the end of next year.

Punters living in Virgin's gigabit-capable areas can expect speeds of up to 1,104Mbps, according to the company. Unlike Openreach's network, which uses full-fibre connections, Virgin Media has opted for DOCSIS (data over cable service interface specification) 3.1 technology. While this isn't a full-fibre product (it uses a mix of fibre and coaxial cable), it is nonetheless capable of full-fibre speeds.

London Mayor Sadiq Khan welcomed the news, saying: "The rollout of ultra-fast broadband is vital for London's future: it will create jobs, stimulate growth and give a much-needed boost to businesses at a crucial time."

Diane Dodds, Minister for the Economy in the Northern Irish Executive, added: "I welcome Virgin Media's investment in Northern Ireland and this significant achievement in further expanding gigabit capable fibre services to citizens and businesses. This comes at a time when the importance of telecommunications has become so prominent. Connectivity will play a vital role in rebuilding the Northern Ireland economy as we emerge from the COVID-19 crisis."

Q3 revenues for Virgin Media grew 0.8 per cent during the quarter to £1.29bn, with the firm reporting increases in B2B and mobile despite a decline in its Irish broadcast advertising business. Earnings before interest and taxes were £514.5m, down slightly from the previous year's £533.5m. ®

Broader topics

Narrower topics


Other stories you might like

  • US won’t prosecute ‘good faith’ security researchers under CFAA
    Well, that clears things up? Maybe not.

    The US Justice Department has directed prosecutors not to charge "good-faith security researchers" with violating the Computer Fraud and Abuse Act (CFAA) if their reasons for hacking are ethical — things like bug hunting, responsible vulnerability disclosure, or above-board penetration testing.

    Good-faith, according to the policy [PDF], means using a computer "solely for purposes of good-faith testing, investigation, and/or correction of a security flaw or vulnerability."

    Additionally, this activity must be "carried out in a manner designed to avoid any harm to individuals or the public, and where the information derived from the activity is used primarily to promote the security or safety of the class of devices, machines, or online services to which the accessed computer belongs, or those who use such devices, machines, or online services."

    Continue reading
  • Intel plans immersion lab to chill its power-hungry chips
    AI chips are sucking down 600W+ and the solution could be to drown them.

    Intel this week unveiled a $700 million sustainability initiative to try innovative liquid and immersion cooling technologies to the datacenter.

    The project will see Intel construct a 200,000-square-foot "mega lab" approximately 20 miles west of Portland at its Hillsboro campus, where the chipmaker will qualify, test, and demo its expansive — and power hungry — datacenter portfolio using a variety of cooling tech.

    Alongside the lab, the x86 giant unveiled an open reference design for immersion cooling systems for its chips that is being developed by Intel Taiwan. The chip giant is hoping to bring other Taiwanese manufacturers into the fold and it'll then be rolled out globally.

    Continue reading
  • US recovers a record $15m from the 3ve ad-fraud crew
    Swiss banks cough up around half of the proceeds of crime

    The US government has recovered over $15 million in proceeds from the 3ve digital advertising fraud operation that cost businesses more than $29 million for ads that were never viewed.

    "This forfeiture is the largest international cybercrime recovery in the history of the Eastern District of New York," US Attorney Breon Peace said in a statement

    The action, Peace added, "sends a powerful message to those involved in cyber fraud that there are no boundaries to prosecuting these bad actors and locating their ill-gotten assets wherever they are in the world."

    Continue reading

Biting the hand that feeds IT © 1998–2022