Virgin Reports Strong UK Sales

The UK arm of Virgin Mobile has reported its best ever second quarter since its launch in November 1999. During April, May and June 2003, Virgin Mobile added 231,554 net new customers, an increase of 35% over Q2 2002. This has lifted its customer numbers by 61% since this time last year, to just under 3 million, with a total of 2,868,666.

Virgin Mobile's financial performance during this quarter has also exceeded expectations, reporting a half-yearly EBITDA figure of US$66.9 million. This compares with a full-year EBITDA for 2002 of US$25.5 million. The turnover during the second quarter broke the

Posted to the site on 22nd July 2003