- published: 29 Jan 2016
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Virgin Media Inc. (NASDAQ: VMED, LSE: VMED) is a company which provides fixed and mobile telephone, television and broadband internet services to businesses and consumers in the United Kingdom. Its executive office is in New York City, United States and its operational headquarters are in Hook, United Kingdom.
The company was formed in March 2006 by the merger of NTL and Telewest, which created NTL:Telewest. A further merger with Virgin Mobile UK in July 2006 created the first "quadruple-play" media company in the United Kingdom, offering television, internet, mobile phone and fixed-line telephone services. All of the company's consumer services were rebranded under the Virgin Media name in February 2007.
Virgin Media owns and operates its own fibre-optic cable network, the only national cable network in the United Kingdom. As of 31 December 2010 it had a total of approximately 4.8 million cable customers, of whom around 3.78 million were supplied with its television services (Virgin TV), around 4.01 million with broadband internet services and around 4.16 million with fixed-line telephony services. At the same date it had around 3.07 million mobile telephony customers. Virgin Media competes primarily with British Sky Broadcasting, BT Group, Everything Everywhere, O2, TalkTalk and Vodafone.