Thread: Liberty Global in talks to merge Virgin Media with O2
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Old 19-05-2020, 11:40   #63
1andrew1
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Re: Liberty Global in talks to merge Virgin Media with O2
Quote:
Originally Posted by Pierre View Post
Well if you can remember far back enough when BT launched O2 the full name was:

mmO2

So they could bring it back to VMO2.

But no, they will keep both brands. This is a Joint Venture not a merger. They still have to keep a certain independence as if it doesn't work out they can separate.
I like the VMO2 idea as the holding company's name.

It's three things
- It's structured as a takeover of Telefonica UK (which trades as O2) by Virgin Media as that ensures Virgin Media's valuable tax credits can still be used.
- It's an effective merger of Virgin Media Ltd and Telefionica UK Ltd as it's a combination of equals.
- The new entity will be 50-50 joint venture between Telefonica SA and Liberty Global plc.

---------- Post added at 11:40 ---------- Previous post was at 11:30 ----------

Quote:
Originally Posted by offmore15 View Post
virgin02media then
Is "Media" a relevant term for what is now a telecoms company?
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