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VIRGIN MEDIA INC.
(See note 1)
Notes to Condensed Consolidated Financial Statements — (Continued)
June 30, 2014
(unaudited)
30
Our revenue by major category is set forth below (in millions):
Three-month period Six-month period
Successor Predecessor Successor Predecessor
Three
months
ended
June 30,
2014
Period
from
June 8 to
June 30,
2013
Period from
April 1 to
June 7,
2013
Six months
ended
June 30,
2014
Period
from
June 8 to
June 30,
2013
Period from
January 1
to June 7,
2013
Subscription revenue:
Digital cable ................................................... £ 241.9 £ 62.4 £ 183.5 £ 483.2 £ 62.4 £ 423.6
Broadband internet......................................... 255.2 56.0 164.1 496.4 56.0 377.8
Fixed-line telephony....................................... 240.3 62.4 185.0 484.8 62.4 433.2
Cable subscription revenue (a)..................... 737.4 180.8 532.6 1,464.4 180.8 1,234.6
Mobile subscription revenue (b) .................... 119.0 27.3 78.9 233.1 27.3 187.5
Total subscription revenue......................... 856.4 208.1 611.5 1,697.5 208.1 1,422.1
B2B revenue (c)................................................ 151.9 35.9 111.6 303.7 35.9 275.0
Other revenue (d).............................................. 46.1 15.0 44.6 97.0 15.0 113.1
Total revenue........................................... £ 1,054.4 £ 259.0 £ 767.7 £ 2,098.2 £ 259.0 £ 1,810.2
______________
(a) Cable subscription revenue includes amounts received from subscribers for ongoing services, excluding installation fees,
mobile services revenue and late fees. Subscription revenue from subscribers who purchase bundled services at a discounted
rate is generally allocated proportionally to each service based on the standalone price for each individual service. As a
result, changes in the standalone pricing of our cable and mobile products or the composition of bundles can contribute to
changes in our product revenue categories from period to period.
(b) Mobile subscription revenue excludes £20.2 million, £5.2 million and £15.0 million during the three months ended June
30, 2014, the period from June 8 to June 30, 2013 and the period from April 1 to June 7, 2013, respectively, and £40.3
million, £5.2 million and £38.9 million during the six months ended June 30, 2014, the period from June 8 to June 30, 2013
and the period from January 1 to June 7, 2013, respectively, of mobile interconnect revenue. Mobile interconnect revenue
and revenue from mobile handset sales are included in other revenue.
(c) B2B revenue includes revenue from business broadband internet, voice, wireless and data services offered to medium to
large enterprises and, on a wholesale basis, to other operators.
(d) Other revenue includes, among other items, interconnect revenue, revenue from non-cable services and revenue from late
fees.