The owners of Virgin Media O2 have initiated talks to raise hundreds of millions of pounds from investors to fund the rollout of fast fibre broadband to millions more British households. Telefónica and Liberty Global, who managed the merger of Virgin Media and O2 to create the developed group last year, will start contacting potential […]
Virgin Media
Many companies have been severely affected by the spread of Coronavirus which has caused an unprecedented shift in consumer behavior and consequently the disruption and subsequent closure of high street stores in towns and cities across the world. Virgin Media, which employs 12,000 people, continues today to offer some of the most impressive broadband and […]
Liberty Global’s UK cable operator Virgin Media, is set to merge with O2, Telefonica’s mobile carrier. Liberty Global and Telefonica will undergo a 50-50 joint venture. The deal is currently valued at £31.4 billion ($38.9 billion), with Virgin Media valued at £18.7 billion and O2 valued at £12.7 billion. The deal between the two telecoms […]