Thread: VM-O2 to open up its network and seek external investors
View Single Post
Old 01-06-2021, 16:23   #1
1andrew1
cf.mega poster
 
Join Date: Dec 2013
Posts: 14,231
1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze
1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze
VM-O2 to open up its network and seek external investors
Quote:
The deal has also opened the door for a rethink of its network strategy and Virgin Media will, for the first time, try to wholesale its cable network to other companies as it expands into new areas. It also wants to rekindle a plan to bring in infrastructure investors to fund the construction.

Virgin Media O2 is already in talks with potential investors and trade partners over financing the project, which could add 7m to 8m homes to its fibre footprint.

The group has talked to Sky, now run by former Virgin Media executive Dana Strong, and Vodafone about a wholesale deal according to a person with direct knowledge of the situation. Vodafone, which said last week it was talking to BT and other parties about network investment, declined to comment. Sky declined to comment.
https://www.ft.com/content/9329ed0e-...c-2b9538507e36
1andrew1 is offline   Reply With Quote