Report Overview

Virgin Media O2: Finding its feet

Contents

Finding its feet

Revenue better, EBITDA hit

Consumer fixed outperfoms, mobile in slight retreat

Growth retained in fixed despite drags

Network strategy questions remain

Clever convergence

Clarity to emerge

About Enders Analysis

About Venture Insights

 

Tables and Figures

Figure 1: Virgin Media O2 revenue and EBITDA growth

Figure 2: Virgin Media O2 operating performance

Figure 3: Virgin Media O2 revenue performance

Figure 4: Mobile revenue growth including and excluding handsets

Figure 5: UK mobile service revenue growth by operator

Figure 6: Virgin Media O2 contract net adds breakdown

Figure 7: UK contract net additions (000)

Figure 8: MNO price increases in 2021

Figure 9: Inflation-linked price increases, 2020-2021

Figure 10: Virgin Media O2 consumer cable operating performance

Figure 11: Virgin Media UK cable revenue and operating statistics

Figure 12: Broadband entry level dual-play pricing, new customers (£/month)

Figure 13: Broadband high speed pricing, new customers (£/month)

Figure 14: Project Lightning progress (000)

Figure 15: Potential spin-down saving on Virgin Media dual-play packages

Figure 16: Potential spin-down saving on O2 30-day airtime data bundles