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Old 07-09-2023, 10:35   #2
Pierre
The Dark Satanic Mills
 
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Join Date: Dec 2003
Location: floating in the ether
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Re: Virgin Media O2 buys east England Upp broadband network to resell to its JV

Not the first shoots of Alt-Net consolidation that we may have hoped for. Upp had to be sold to someone as it was owned or at least financed by Russian money. So they would have been bought by someone regardless.

Makes sense for VM/Nex to buy it, as there is very little overlap with existing network, but it has been built using different equipment and different standards to what VM use, so it will all have to be audited and brought in line with VM, and connected to the VM backhaul, before being passed onto Nex.
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