Login to your account

Username *
Password *
Remember Me

Create an account

Fields marked with an asterisk (*) are required.
Name *
Username *
Password *
Verify password *
Email *
Verify email *
Captcha *
Reload Captcha

Advertisement

Virgin Media and O2 agree £31bn merger deal

Written by  May 07, 2020

Virgin Media and O2 are to merge to create a £31 billion media and telecoms giant, their parent firms have announced.

The two firms had confirmed on Monday that they were in discussions over a possible combination.

Mike Fries, chief executive officer of Virgin Media owner Liberty Global, said: “We couldn’t be more excited about this combination.

“Virgin Media has redefined broadband and entertainment in the UK with lightning-fast speeds and the most innovative video platform. And O2 is widely recognised as the most reliable and admired mobile operator in the UK, always putting the customer first.”

Advertisement


Amazon Fire TV Stick 4K Ultra HD with all-new Alexa Voice Remote | Streaming Media Playeramazon uk

Jose Maria Alvarez-Pallete, chief executive of O2 owner Telefonica, said: “Combining O2’s number one mobile business with Virgin Media’s superfast broadband network and entertainment services will be a game-changer in the UK, at a time when demand for connectivity has never been greater or more critical.

“We are creating a strong competitor with significant scale and financial strength to invest in UK digital infrastructure and give millions of consumer, business and public sector customers more choice and value.”


Do you find this article useful? Comment below...

Carl Bryant

Carl comes from a creative tech background in retail and telecoms, his flair and attention to detail is very important to the success of this website. Carl is a freelance journalist who shares his knowledge and experience as well as reviewing tech products for us.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Popular in Telecoms