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-   -   Virgin Media merger with O2 approved by competition regulator (https://www.cableforum.uk/board/showthread.php?t=33709962)

1andrew1 14-04-2021 16:46

Virgin Media merger with O2 approved by competition regulator
 
Quote:

Virgin Media and O2’s £31bn merger won’t mean a bad deal for customers, says CMA

Watchdog says new telecoms giant will still have competition from rivals

£31bn merger between O2 and Virgin Media has been given the green light after regulators decided that the deal was unlikely to result in higher broadband and mobile prices for consumers.
https://www.independent.co.uk/news/b...-b1831115.html

pip08456 14-04-2021 18:59

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by 1andrew1 (Post 36076910)

Only provisionally ATM though I expect it will be approved.

https://www.ispreview.co.uk/index.ph...-to-merge.html

Hom3r 18-04-2021 20:18

Re: Virgin Media merger with O2 approved by competition regulator
 
What benefits with the customers get?


I have TV, BB and landline from VM, and I have 2 O2 phone contracts.

pip08456 18-04-2021 20:30

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by Hom3r (Post 36077222)
What benefits with the customers get?


I have TV, BB and landline from VM, and I have 2 O2 phone contracts.

Existing customers - probibly none as VM have a 5yr MVNO agreement with Vodaphone.

1andrew1 19-04-2021 10:31

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by Hom3r (Post 36077222)
What benefits with the customers get?

I have TV, BB and landline from VM, and I have 2 O2 phone contracts.

The chance to buy shares in the new company if it floats?

Mergers are done for the benefit of companies' owners, not their customers. Sometimes the two interests overlap, sometimes they don't.

Pierre 19-04-2021 12:18

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by 1andrew1 (Post 36077254)
The chance to buy shares in the new company if it floats?

Mergers are done for the benefit of companies' owners, not their customers. Sometimes the two interests overlap, sometimes they don't.

Homer is the target, anecdotally speaking.

There are a lot of O2 customers that don't have VM services and a lot of VM customers that don't have O2 services.

Back office synergies and costs savings too.

1andrew1 19-04-2021 12:38

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by Pierre (Post 36077269)
Homer is the target, anecdotally speaking.

There are a lot of O2 customers that don't have VM services and a lot of VM customers that don't have O2 services.

Back office synergies and costs savings too.

Yes, the opportunity to be cross-sold is the main benefit for customers. Perhaps with O2 shops now featuring the V6 and signing up VM broadband customers as well.

vincerooney 21-04-2021 12:58

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by pip08456 (Post 36077226)
Existing customers - probibly none as VM have a 5yr MVNO agreement with Vodaphone.

i was under the impression they were going to buy themselves out of that contract?

pip08456 21-04-2021 13:20

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by vincerooney (Post 36077495)
i was under the impression they were going to buy themselves out of that contract?

They haven't done so yet.

Pierre 21-04-2021 17:32

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by vincerooney (Post 36077495)
i was under the impression they were going to buy themselves out of that contract?

There's no need to.

There is a lot of work going on prior to the merger in finalising what the new architecture and equipment will be to support the O2 infrastructure in the new entity.

Then it has to be built and activated which will probably take some time, I haven't seen a programme.

As seen as there is a contract in place with Vodafone it doesn't make sense to break it and incur penalties and potential disruption when it can all be moved over at a later date when everything is in place.

vincerooney 22-04-2021 00:20

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by Pierre (Post 36077547)
There's no need to.

There is a lot of work going on prior to the merger in finalising what the new architecture and equipment will be to support the O2 infrastructure in the new entity.

Then it has to be built and activated which will probably take some time, I haven't seen a programme.

As seen as there is a contract in place with Vodafone it doesn't make sense to break it and incur penalties and potential disruption when it can all be moved over at a later date when everything is in place.

Do we know when the contract with vodafone ends?

I'm an o2 customer at the moment and have been for about 18 years but been thinking about leaving for a while and just getting a mobile with virgin media instead.

Now they're merging with o2...

pip08456 22-04-2021 00:54

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by vincerooney (Post 36077587)
Do we know when the contract with vodafone ends?

I'm an o2 customer at the moment and have been for about 18 years but been thinking about leaving for a while and just getting a mobile with virgin media instead.

Now they're merging with o2...

That's a bit complicated to answer. The 5yr Vodaphone contract was signged late 2019 but Virgin's EE contract doesn't end until late 2021. Persumably the Vodaphone one will commecnce then or does it? They are already rolling out Vodaphone's 5G connectivity does that mean the Vodaphone contract is already in effect? Who knows other than Virgin?

Itshim 22-04-2021 17:25

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by pip08456 (Post 36077589)
That's a bit complicated to answer. The 5yr Vodaphone contract was signged late 2019 but Virgin's EE contract doesn't end until late 2021. Persumably the Vodaphone one will commecnce then or does it? They are already rolling out Vodaphone's 5G connectivity does that mean the Vodaphone contract is already in effect? Who knows other than Virgin?

So whom would be servicing virgin mobile if l signed up in the next few weeks ? Have vodaphone at the moment and it is rubbish . :dunce:

1andrew1 02-05-2021 19:21

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by Itshim (Post 36077678)
So whom would be servicing virgin mobile if l signed up in the next few weeks ? Have vodaphone at the moment and it is rubbish . :dunce:

Vodafone.

RichardCoulter 02-05-2021 22:56

Re: Virgin Media merger with O2 approved by competition regulator
 
What's O2 customer service like (never used them) and do they use UK based call centres?

If it 's any good, hopefully they will improve the current abysmal CS efforts of VM.

Paul 02-05-2021 23:15

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by Itshim (Post 36077678)
Have vodaphone at the moment and it is rubbish . :dunce:

I moved to sky in readiness.
They carry over my unused data for 3 years as well, as opposed to Virgin who do it for 1 month.

Skie 03-05-2021 00:48

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by RichardCoulter (Post 36078628)
What's O2 customer service like (never used them) and do they use UK based call centres?

If it 's any good, hopefully they will improve the current abysmal CS efforts of VM.

I think it was okay when I was with them a while back. But mergers are rarely about doing things well and they can tend to be a race to the bottom. I'd honestly expect VM to not change a habit of a lifetime, they'll more than likely offshore O2's customer services if they are still UK based.

1andrew1 03-05-2021 09:32

Re: Virgin Media merger with O2 approved by competition regulator
 
Quote:

Originally Posted by Skie (Post 36078633)
I think it was okay when I was with them a while back. But mergers are rarely about doing things well and they can tend to be a race to the bottom. I'd honestly expect VM to not change a habit of a lifetime, they'll more than likely offshore O2's customer services if they are still UK based.

It's a merger and no reason that VM will dominate decisions like this one. Indeed, the Chief Commercial Officer for Mobile in the merged company will come from O2. https://www.broadbandtvnews.com/2021...nts-confirmed/

And when BT acquired EE, it subsequently committed to onshoring call centres which it has achieved.

pip08456 20-05-2021 09:43

Re: Virgin Media merger with O2 approved by competition regulator
 
The merger was finally approved today.

https://www.ispreview.co.uk/index.ph...-to-merge.html

1andrew1 01-06-2021 10:44

Re: Virgin Media merger with O2 approved by competition regulator
 
Now launched today

https://www.o2.co.uk/virgin-media-o2


Quote:

The firm said it will deliver gigabit broadband speeds across its network by the end of the year and deploy fibre to millions of additional homes.

While there are no changes to existing services, Virgin Media O2 is preparing to offer converged broadband, entertainment and mobile services in one place later this year.
[I thought VM did the latter anyway? :confused:]

https://www.cityam.com/virgin-media-...r-31bn-merger/


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