Virgin loses 40,000 customers, Sky gains

Sky has reported better pay tv results this quarter, 90,000 new subs instead of the 50,000 expected.

VirginMedia has admitted it has lost 40,000 customers to Sky over the loss of basic Sky channels on its service.

Sky is not saying if the increased customer base is due to Virgin's loss, however they have also increased their broadband and voice customers.

If the loss continues VirginMedia will suffer greatly, which cant hurt Sky.