VMED O2: global revenue 2008-2022

Virgin Media O2 UK Holdings Ltd. (VMED O2) reported global revenue of around 10.4 billion British pounds in 2022, a marginal increase on the previous year. Figures prior to 2020 represent revenues for Virgin Media Ltd. only, with those from 2020 onward reflecting the joint venture entered into by Liberty Global and Telefonica on 1 June 2021 which merged the subsidiaries Virgin Media Ltd. and O2 Holdings Ltd. The revenue for 2020 was adjusted to reflect this merger.

Virgin Media revenue mix

Cable is the largest contributor to the Virgin Media revenue mix, with 3.57 billion British pounds flowing in to the company from this source. Business revenue brought in more than mobile revenue in 2020, at 799 million British pounds compared to 360.4 million British pounds of mobile revenue. Several key figures covering Virgin Media Inc. have experienced fluctuations in recent years. The net income of the organization has moved between 2.91 billion British pounds of income in 2012, to a net loss of 388 million British pounds in 2013, to a net income of 39 million British pounds in 2020.

Virgin Media UK revenues

Virgin Media's UK based revenues from access and calls of residential networks, business networks and overall fixed line network and call revenues have all experienced decreases in recent years. However, both residential network and fixed line network and call revenues have seen a slight increase since 2019.

Total revenue of Virgin Media O2 UK (VMED O2) from 2008 to 2022 (in million GBP)

Characteristic	Revenue in million GBP
2022	10,360
2021	10,353.2
2020	10,470.1
2019	5,168.2
2018	5,150.3
2017	4,963.2
2016	4,806.1
2015	4,618.4
2014	4,214.2
2013	4,120.4
2012	4,100.5
2011	3,991.8
2010	3,875.8
2009	3,663.9
2008	3,655

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Sources

Use Ask Statista Research Service

Release date

February 2023

More information

Region

Worldwide

Survey time period

2008 to 2022

Supplementary notes

On 1 June 2021, Liberty Global and Telefonica entered into a joint venture to form Virgin Media O2 UK Holdings Limited (VMED O2), formerly Virgin Media Ltd. and O2 Holdings Ltd. The 2021 annual report and financial statements therefore reflect the seven-month period from the formation of VMED O2 on 1 June 2021 through to 31 December 2021. The revenue for 2020 was also adjusted.

The Statement of Comprehensive Income and Balance Sheet data for the years ended December 31, 2008 and 2009 have been adjusted for the disposals of Virgin Media TV and sit-up as described in the notes to our consolidated financial statements in the 2011 Annual Report.

Virgin Media financial year ends at December 31.

Citation formats