Virgin Media O2 officially launches with vow to shake up the market
Having cleared all its regulatory hurdles, the UK’s new converged telco is full of ambition, but going toe-to-toe with BT will be very expensive.
Having cleared all its regulatory hurdles, the UK’s new converged telco is full of ambition, but going toe-to-toe with BT will be very expensive.
The merger of UK mobile operator O2 with cableco Virgin Media is set to close in a matter of days, having cleared its final regulatory hurdle: the approval of the competition watchdog.
Lucky VM broadband punters in Southampton and Manchester could be set for blistering download speeds if the latest trials are anything to go by.
The UK Competition and Markets Authority has provisionally cleared the proposed merger of Virgin Media and O2 UK.
Lutz Schüler has been announced as the head of the combined VM and O2 UK, when it completes, with O2 boss apparently stepping aside.
Ofcom will not cap the wholesale prices fibre network operators can charge customer for access to the fastest available services on their networks.
The CMA has published issues statements from Sky and Vodafone submitted as part of its investigation into the proposed merger of O2 UK and Virgin Media.
Having got control of the approval process the Competition and Markets Authority has already moved to phase 2 of its investigation into the UK telecoms mega-merger.
As previously rumoured, the European Commission has decided to stay out of the Virgin Media merger with O2 UK on the grounds that it’s none of its business.
Somewhat surprisingly it looks like the European Union is going to do the right thing and stay out of a merger between two UK companies.
Liberty-owned cableco Virgin Media has enabled 1-Gbps services for a further 6 million premises.
Ultrafast suddenly sounds a little bit pedestrian, after Virgin Media used the term ‘hyperfast’ to big up its new broadband breakthrough.
It could have certainly been worse, but it is impossible to avoid the lost revenues due to the coronavirus pandemic.
Among the many bitterly disputed terms of the UK’s divorce from the EU are the jurisdiction of competition authorities, which could affect the O2-Virgin Media merger.
Virgin Media has made the decision to remove itself from the high street, permanently closing its 53 retail stores which have been shut during the COVID-19 lockdown period.
Telefonica and Liberty Global have confirmed plans to merge UK operations, O2 and Virgin Media, to challenge the connectivity market leader BT.
Virgin Media Business has signed a deal with Three UK to provide dark fibre backhaul for a bunch of its 5G cell sites.
Two years ago, O2 CEO Mark Evans said he was not convinced by the idea of convergence, but as merger talks between O2 and Virgin Media swell, the telco has entered into moonwalking mode.
BT is running ads in Bristol dissing Virgin Media’s fibre offerings and Virgin is having none of it.
Virgin Media has announced it will move its MVNO wholesale agreement from BT Enterprise to Vodafone, as the 5G engines start to rev.
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