The cable company's revenues rose 1.3% to £953 million after the average revenue per user (ARPU) for customers on its cable network reached their highest point yet at £44.24 per month.
In the third quarter last year Virgin Media made a net loss of £122.7 million, but this was reduced to £60 million by more favourable currency movements.
Its TV subscriber base is now at 3.71 million, while the number of customers on its cable network is 4.74 million after growing by 8,100. It also has 255,000 telephone and broadband customers not on its cable network.
, the company's TV content arm, increased revenues from £37.3 million in the third quarter last year to £41 million. Subscription revenue was up due to its improved contract with satellite TV company BSkyB but advertising revenue was down by an unspecified amount.
The company's strategy of offering TV, broadband and fixed and mobile phone contracts is going well, according to chief executive Neil Berkett.
Berkett said: "Our triple-play penetration is at record levels and over 10% of our customers now take all four services from us. Our focus remains on attracting high value customers, who buy more from us and stay with us longer.
"This strategy has led to the second successive quarter of record ARPU and strong consumer revenue growth."
Virgin Media's results follow , which added 94,000 subscribers during the third quarter and increased pre-tax profits by 40% to £180 million.
Consumer Services
Virgin Media reduces net loss to £60m
LONDON - Virgin Media has added 37,000 TV customers in the third quarter, with increased revenue per customer helping to narrow its net loss to £60 million.
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