Virgin Media 2009 Annual Report Download - page 11

Regulation S under the Securities Act. The notes were issued by our wholly owned subsidiary Virgin
Media Secured Finance PLC in two tranches: $1.0 billion of 6.5% senior secured notes due 2018 and
£875 million of 7.0% senior secured notes due 2018, collectively referred to as the senior secured notes.
The net proceeds from the issuance of the senior secured notes were used to prepay a portion of the
outstanding loans under our senior credit facility, reducing the outstanding amounts due under our
senior credit facility to approximately £1.6 billion equivalent as of January 29, 2010.
The senior secured notes rank pari passu with our senior credit facility and, subject to certain
exceptions, share in the same guarantees and security as granted in favor of our senior credit facility.
For more information about our senior secured notes, see ‘‘Management’s Discussion and Analysis of
Results of Operations and Financial Condition—Liquidity and Capital Resources—Senior Secured
Notes.’’
Available Information and Website
Our principal executive offices are located at 909 Third Avenue, Suite 2863, New York, New York
10022, United States, and our telephone number is [phone]. Our U.K. headquarters are located
outside of London, England in Hook, Hampshire. The public may read and copy any materials we file
with the SEC at the SEC’s Public Reference Room at 100 F Street, NE, Washington, DC 20549. The
public may obtain information on the operation of the Public Reference Room by calling the SEC at
(800) SEC-0330. Our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports
on Form 8-K, and any amendments to such reports filed with or furnished to the SEC under
Sections 13(a) or 15(d) of the U.S. Securities Exchange Act of 1934, as amended, or the Exchange
Act, are available free of charge on the SEC’s website at www.sec.gov and on our website at
www.virginmedia.com, as soon as reasonably practicable after they are filed with, or furnished to, the
SEC. The investor relations section of our website can be accessed under the heading ‘‘About Virgin
Media—Investors Information.’’ The information on our website is not incorporated into our SEC
filings.
Our Business
Our Cable Network Advantage
Uniquely in the U.K., our network architecture includes hybrid fiber coax, or HFC, with optical
fiber deployed to street cabinets, and a twinned cable, consisting of both high-capacity coaxial cable and
twisted copper-pair elements, extending from the street cabinet to the customer’s home. We believe
that this deployment of coaxial cable directly to the home closer to the end user, or deep fiber access,
provides us with several competitive advantages in the areas served by our network. For example, our
cable network allows us to concurrently deliver downstream broadband services, together with real-time
television and video-on-demand content, at higher speeds and with less data loss than comparable
services of other providers. Our competitors are reliant on the access infrastructure of the former state
incumbent, BT Group plc, or BT, which typically relies on copper-pair technology from the local
exchange to the customer’s home. Service providers using DSL technology over BT’s existing network
can currently only provide video services subject to capacity limits which can affect data download
speeds. Our cable network also offers benefits over the infrastructure of satellite service providers,
which are unable to offer interactive services in the absence of a fixed line telephone connection, using
third party access infrastructure. By contrast, our cable infrastructure allows us to provide ‘‘triple-play’’
bundled services of broadband internet, television and fixed line telephony services to residential
customers in areas served by our network, without relying on a third-party service provider or network.
See ‘‘—Our Network’’ below for more detailed information relating to our network.
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