Virgin Media Adds 50,000 New Connections, Eases Traffic Management Scheme

Virgin Media wants to add 50,000 new premises to its network by the end of 2009 with further plans to add up to 500,000 connections within the next few years. The cable network company covers 12.5 million households and businesses nationally and adding another half a million would increase its coverage by another 2 percent. Neil Berkett, the company's CEO, told investors that Virgin Media would be careful when executing the plans to make sure that it gets an optimal...