BNET Industries
Market Cap:$5.5B
Last Fiscal Year Sales:$4.0B
- Public
- US
Dow Jones Description
We are a leading broadband communications and media group in the UK. Our business is divided into two segments: cable and content. The cable segment is further subdivided into a consumer sales division and a business sales division. The consumer sales division provides consumer television, telephony and internet access services to residential customers. Our business sales division focuses on a wide range of voice, data, and managed solutions services for businesses. Our content segment supplies basic television channels and related services to the UK pay-television broadcasting market. Our cable segment includes a broadband, local access broadcasting network covering approximately 4.7 million homes and consists of local distribution networks, our "national network" and an internet protocol, or IP, services platform, which allow us to handle the voice, video and data needs of our customers. Our broadband, local access network and architecture provide us with high-speed interconnection and two-way interactivity with directly connected residential and business customers. We had approximately 1.8 million residential customer relationships as at December 31, 2004, comprised of consumer television, telephony and internet services customers.
Contact Information
909 Third Avenue
Suite 2863
New York, New York 10022
00441256753762
Peer Companies
NAICS Code Wired Telecommunications Carriers: 517110
Recent Events
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Virgin Media Names Andrew Barron As COO - Update
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Collins Stewart Reiterates a 'Buy' on Virgin Media VMED; Acquire Shares on Weakness
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Virgin Extends Government's Free Cell Phone Program
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Virgin Media Selects TiVo For Next Gen TV Platform
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Rovi Loses UK Patent Lawsuit Against Virgin Media - Update
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TiVo Coming to Virgin's Non-DVRs, Too
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Virgin Media Partners With Tufin Technologies and Nebulas Solutions Group
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Virgin Media To Trial U.K. File Sharing Analysis
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'Virgin Media offers VoD advertising with SeaChange'
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Market Report -- Short Stories VMED
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TiVo, Virgin team for U.K. set-top boxes
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Virgin Presses 'Play' for On Demand Ads
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Virgin buys NBC U shows
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UPDATE 1-Virgin Media eyeing further savings, to cut property
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Virgin Mobile Breaks First Work From BBH
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'Gemalto wins exclusive SIM card deal with Virgin Media'
News & Analysis
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Sky outbids rivals for Virgin channels
BSkyB is reportedly outbidding its rivals by 60% with a GBP160m (USD259m) offer forVirgin Media’s TV channels. The figure is GBP60m (USD97m) more than currently on offer from rival bidders such as Channel 4, Time Warner, RTL and NBC Universal, according to the Financial Times FT. ...
Channel 4, Time Warner and Sky may bid for Virgin channels
Channel 4, Time Warner and BSkyB are the only firms left in the running to acquire Virgin Media’s three vmTv channels, Virgin 1, Bravo and Living. Virgin is thought to be confident of receiving a good price for the channels. However, City analysts are pegging the likely figure at...
Virgin sells home shopping channels
UK cable TV provider Virgin is selling its Sit-up home shopping division to German restructuring firm Aurelius. The deal, worth an estimated GBP500m (USD732m), will see Sit-up’s Bid TV, Price Drop TV and Speed Auction TV channels transferred to Aurelius,...
Setanta on-demand launches on Virgin Media
Setanta will provide Virgin Media’s 3.5m TV subscribers with a range of on-demand sports channels under a newly established deal. The Setanta Replay service offers major sporting fixtures, including games from the Barclays Premier League, FA Cup and England’s World Cup qualifiers. The channels will be free for Virgin...
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