New VM O2 joint venture to reach 7m homes and to wholesale access to competitors
Quote:
Telefónica and Liberty Global, who oversaw the merger of Virgin Media and O2 to create the enlarged group last year, will begin contacting potential investors this week but some informal discussions have already begun, according to a person with knowledge of the plan.
Virgin Media O2 is already upgrading its fibre network to around 15.5m premises by the end of 2028.
The new venture, which will be separate from this, is aiming to build out a new full-fibre network that will provide connectivity to an additional 7m homes, primarily in areas that currently only use copper lines and which are served by BT.
|
https://www.ft.com/content/5bbf83b8-...0-5a84f3c1b26f
Sky News article: https://www.msn.com/en-gb/money/othe...?ocid=msedgntp
Last edited by 1andrew1; 30-01-2022 at 22:55.
|