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Apr 14, 2021 · Liberty Global and Spanish group Telefónica, the respective owners of Virgin Media and O2, struck a deal to combine their UK operations in May 2020, which will unite the country’s...
- Kate Beioley
We invested £2.1 billion in 2022 to deliver even more for our customers while bringing gigabit speeds and 5G to new parts of the country, with plans to accelerate the rollout this year – providing more choice and enhancing competition like never before.
May 7, 2020 · Liberty Global and Telefónica have struck a landmark deal to combine their British operations O2 and Virgin Media in a £31.4bn agreement that will reshape the UK’s telecoms market.
- Merger Confirmed
- Pledges
- O2's 5G Network
The CMA have formally given the merger between Virgin and O2 the go-ahead after fast-tracking an investigationinto the proposed deal back in December 2020. It means the joint venture will go ahead as planned, with 1 June 2021 highlighted as the expected completion date. The proposed merger was first made public in May 2020before it was put under th...
Virgin Media and O2have been busy styling the joint venture as an opportunity to become what they're calling a "national connectivity champion". They list the following benefits of the merger: 1. £10bn investment in broadband, technology and services over the next five years 2. Accelerating the 5G rollout to more than 100 towns and cities by the en...
O2 say they have some 5G coverage in 150 UK towns and cities, although the fact of having coverage in an area doesn't necessarily mean many customers are going to be able to benefit from it. As we explored in our recent comparison of O2 and EE's mobile networks, research from RootMetrics showed O2's depth of coverage across test locations was much ...
Apr 14, 2021 · A £31bn merger between mobile networks Virgin Media and O2 has been provisionally approved by the UK's competition watchdog. It will create one of the UK's largest entertainment and...
Apr 14, 2021 · A £31bn merger between mobile networks Virgin Media and O2 has been provisionally approved by the UK's competition watchdog. It will create one of the UK's largest entertainment and telecoms...
People also ask
When will Virgin Media and O2 merge?
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Will Virgin Media's £31bn tie-up with O2 reduce competition?
Could Virgin Media become a rival to BT?
Will Virgin Mobile move over to O2's network?
May 20, 2021 · Liberty Global and Telefonica have received the official go-ahead they needed to merge telecom giants Virgin Media and O2. The UK’s Competition & Markets Authority (CMA) gave the joint venture its...