Virgin Media Inc.
News and overview for Virgin Media Inc.
Virgin Media Announces Closing of 715 Million Equivalent of Senior Notes Due 2019 [Press Release]
Business Wire | 12 days 5 hours 45 minutes ago
Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED), a leading UK entertainment and communications business, today announced the closing of the offering of approximately £715 million equivalent aggregate principal amount of senior notes due 2019, split into a $600 million U.S. dollar denominated tranche and a £350 million sterling denominated tranche, of its wholly-owned subsidiary Virgin Media Finance PLC.
Virgin Media Announces Pricing of 715 Million Equivalent of Senior Notes Due 2019 [Press Release]
Business Wire | 17 days 4 hours 40 minutes ago
Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED), a leading UK entertainment and communications business, today announced the pricing of the offering of approximately £715 million equivalent aggregate principal amount of senior notes due 2019, split into a $600 million U.S. dollar denominated tranche and a £350 million sterling denominated tranche, of its wholly-owned subsidiary Virgin Media Finance PLC.
Virgin Media Announces Offering of 500 Million Equivalent of Senior Notes Due 2019 [Press Release]
Business Wire | 18 days 23 hours 45 minutes ago
Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED), a leading UK entertainment and communications business, today announced that its wholly-owned subsidiary Virgin Media Finance PLC intends to offer, subject to market and other conditions, approximately £500 million equivalent aggregate principal amount of senior notes due 2019.
Virgin Media Reports Strong Third Quarter 2009 Results [Press Release]
Business Wire | 23 days 13 hours 45 minutes ago
Virgin Media Inc. (NASDAQ: VMED; LSE: VMED) announces results for the quarter ended September 30, 2009.
Virgin Media Seeks Amendments to Senior Facilities Agreement [Press Release]
Business Wire | 36 days 4 hours ago
Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED), a leading UK entertainment and communications business, today announced that it is seeking the consent of its senior lenders to make certain amendments to its senior facilities agreement, under which the principal amount of outstanding debt is £3.1 billion. These amendments will provide Virgin Media with additional financial flexibility and further strengthen its capital structure.
Amendments to Virgin Media s Senior Facilities Agreement Approved by Lenders [Press Release]
Business Wire | 22 days 5 hours 45 minutes ago
Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED), a leading UK entertainment and communications business, today announced that its senior lenders have approved the proposed amendments in relation to its senior facilities agreement. Virgin Media expects that the amendments will be signed and become effective shortly.
Tele2 to take loss after French division sale - MarketWatch
MarketWatch | 37 days 4 hours 17 minutes ago
Tele2 to take loss after French division sale
Virgin Media prices $1.2 billion of senior notes, will use proceeds to pay outstanding debt
Sun (Baltimore), The | 17 days 1 hour 6 minutes ago
Virgin Media Inc., the London-based provider of TV, Internet and phone services, said Wednesday the pricing has been set for an offering of 715 million pounds ($1.2 billion) in senior notes due 2019 from its subsidiary Virgin Media Finance PLC.
Virgin Media Notification of Third Quarter 2009 Results [Press Release]
Business Wire | 33 days 9 hours 45 minutes ago
Virgin Media (NASDAQ:VMED) (LSE:VMED), will be announcing its Third Quarter 2009 results on Thursday, October 29, 2009 at 7am UK time, 3am ET. The company will host a conference call for analysts and investors to discuss these results on October 29, at 1pm UK time, 9am ET.
Critical Alerts for Seagate, Xilinx, Novellus, Virgin Media and BE Aerospace [Press Release]
PRNewswire | 58 days 7 hours 11 minutes ago
...key.) Today's PriceWatch Alerts cover the following stocks: Seagate Technology , Xilinx Inc. , Novellus Systems Inc. , Virgin Media Inc. and BE Aerospace Inc. . In today's unsure markets these brief PriceWatch Alerts contain concise...
Virgin Media prices $1.2B of senior debt
Boston Globe, The | 17 days 20 minutes ago
SEATTLEVirgin Media Inc., the London-based provider of TV, Internet and phone services, said Wednesday the pricing has been set for an offering of 715 million pounds ($1.2 billion) in senior notes due 2019 from its subsidiary Virgin Media Finance PLC.
UPDATE: Virgin Media CFO Focused On Reducing Costs
Wall Street Journal, The | 3 days 6 hours 31 minutes ago
(Adds background.) By Lilly Vitorovich Of DOW JONES NEWSWIRES BARCELONA (Dow Jones)--Virgin Media Inc.'s (VMED) new Chief Financial Officer Eammon O'Hare said Wednesday that he's focused on reducing costs at the debt-laden U.K. pay television and cable company.
2nd UPDATE: Virgin Media CFO Focused On Reducing Costs
Wall Street Journal, The | 3 days 5 hours 27 minutes ago
(Adds further comment from CFO.) By Lilly Vitorovich Of DOW JONES NEWSWIRES BARCELONA (Dow Jones)--Virgin Media Inc.'s (VMED) new Chief Financial Officer Eammon O'Hare said Wednesday that he's focused on reducing costs at the debt-laden U.K. pay television and cable company.
Virgin Media CFO focuses on reducing costs
Total Telecom Magazine (U.K.) | 3 days 5 hours 17 minutes ago
U.K. cableco's new finance chief says company also keen to lift ARPU, subs numbers.
Virgin Media Pricing GBP715M Equivalent Senior Notes Due 2019
Wall Street Journal, The | 17 days 3 hours 4 minutes ago
LONDON (Dow Jones)--Virgin Media Inc. (VMED.LN), a U.K. entertainment and communications business, announced Wednesday the pricing of the offering of GBP715 million equivalent aggregate principal amount of senior notes due 2019, split into a $600 million U.S. dollar denominated tranche and a GBP350 million sterling denominated tranche, of its wholly-owned subsidiary Virgin Media Finance PLC.
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Company Overview
| Company: | Virgin Media Inc. |
|---|---|
| Industry: | Cable TV System Operators |
| Website: | http://www.virginmedia.com |
Virgin Media is no novice when it comes to keeping Britons connected. The company is a "quadruple-play" communications services provider, offering cable TV, Internet, fixed-line voice, and wireless voice services. One of the largest telecom companies in the UK, its Virgin Phone unit trails only market leader BT in terms of landline subscribers. It serves more than 4 million wireless customers through Virgin Mobile and provides broadband Internet service to about 3.6 million clients through Virgin Broadband. Its Virgin Media Television unit serves about 3.4 million pay TV subscribers and supplies entertainment and information content, as well as digital and interactive services, to other providers and media outlets.
Key Numbers
| Sales in U.S. Dollars (mil.) | 5,812.2 (2008) |
|---|---|
| One-year % Growth in Sales | -28.5 (2008) |
| Net Income in U.S. Dollars (mil.) | -1,322.5 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 14,609 (2008) |
| One-year % Growth in Number of Employees | -3.0 (2008) |
| Fiscal Year-End | December |