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Virgin Media news

Fibre-optic broadband provider Virgin Media is set to publish positive financial results for the fourth quarter of 2009, according to reports.

The Daily Telegraph has revealed that, later this week, the company will confirm that its total revenues for the period rose to £963 million over the period, with 14,000 customers also taking up its services.

Average revenues per unit per month are also expected to stand at £44.50, compared to £42.30 in the same period 12 months ago.

In addition, the company is set to push forward with the launch of its music download service and is looking to announce new deals with record labels such as Sony and Warner in the near future.

Earlier this year, Virgin Media announced the launch of its new business broadband services.

Virgin Media Business has been established to rival BT's current commercial broadband services and will run from 40 offices across the UK.

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