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