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Virgin Media's Gigabit Expansion Boosts UK's Broadband Capabilities

10-29-2024 07:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: SocialDocs Technologies
Virgin Media's Gigabit Expansion Boosts UK's Broadband

Virgin Media is leading the race to deliver ultra-fast broadband in the UK, with its Gig1 Fibre service offering some of the fastest speeds available on the market. As digital consumption increases, Virgin Media has positioned itself as a frontrunner in meeting the nation's growing demand for ultra-fast and reliable broadband.

According to Ofcom's 2024 Communications Market Report, Virgin Media holds a 22% market share in the UK broadband sector. With speeds of up to 1Gbps, Virgin Media's Gig1 Fibre service is more than ten times faster than the national average, catering to households with high data demands, such as those using 4K streaming, online gaming, and video conferencing for remote work.

Virgin Media's expansion is aligned with the UK government's Project Gigabit initiative, which aims to provide gigabit-capable broadband to 85% of UK homes by 2025. Virgin Media's recent report highlighted that it had connected over 16 million homes to gigabit broadband as of 2023, with plans to extend this to 22 million by 2028. This move is crucial as the UK government continues its efforts to bridge the digital divide, particularly in rural areas where broadband speeds remain low.

Moreover, Virgin Media's commitment to sustainability is evident in its efforts to power its broadband network using 100% renewable energy. This focus on green technology has resonated with eco-conscious customers, contributing to the company's continued growth in the broadband sector.

Virgin Media's success can also be attributed to its bundled services, offering broadband, TV, and mobile in one convenient package. This combination has proven attractive to consumers looking for a comprehensive entertainment and communication solution, allowing Virgin Media to further solidify its position as one of the UK's top broadband providers.

References:

1. Ofcom Communications Market Report 2024. Available at: Ofcom. 2. UK Government Project Gigabit Update, 2024. Available at: Gov.uk. 3. Virgin Media UK Sustainability Report 2023. Available at: Virgin Media.

Disclaimer: Information provided by Free Price Compare is intended for general informational purposes only. While we strive to provide accurate and up-to-date information, Free Price Compare does not guarantee the completeness, reliability, or accuracy of the data presented. Users are advised to independently verify any information before making a financial or purchasing decision. Free Price Compare shall not be held liable for any direct or indirect damages arising from the use of this information.
Media Contact
Company Name: Free Price Compare
Contact Person: Shay Ramani
Email: Send Email [http://www.universalpressrelease.com/?pr=virgin-medias-gigabit-expansion-boosts-uks-broadband-capabilities]
City: London
Country: United Kingdom
Website: https://freepricecompare.com/broadband/supplier/virginmedia/



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