British cableco Virgin Media has announced that it has recorded its first ever annual profit, revealing that in the year to end-December 2011 it saw a full-year net income of GBP75.9 million (USD120 million). Full-year revenues, meanwhile, stood at GBP4 billion, up 3% year-on-year, with operating cash flow (OCF) standing at GBP1.59 billion in FY2011, a 5.3% increase compared to the previous fiscal year
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OVETEL Virgin Media registers first-ever annual profit
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