Virgin Media O2
Virgin Media O2 is a UK telecommunications business formed in June 2021 by combining Virgin Media and O2 UK. Owned equally by Liberty Global and Telefónica, it provides fixed broadband, mobile, television and telephone services.
Contents6 sections
Key facts
June 1, 2021Joint-venture formation
Liberty Global and Telefónica combined Virgin Media and O2 UK in a 50:50 joint venture. Its Virgin branding does not imply sole ownership by Richard BransonRichard BransonRichard Branson is a British entrepreneur and founder of Virgin Group. Beginning with a youth magazine and mail-order records, he expanded into aviation, leisure, telecommunications, finance and commercial spaceflight. He also founded Virgin Unite and is known for ballooning expeditions and his 2021 suborbital flight.Open the full entry.[1]
October 2021Volt convergence offering
The company introduced Volt to combine home broadband and mobile services alongside television and fixed telephony. Its connectivity business also serves enterprises and public-sector customers.[1]
2022nexfibre fibre partnership
The shareholders partnered with InfraVia Capital Partners on nexfibre, a fibre-network venture for which Virgin Media O2 is the anchor wholesale customer. The infrastructure venture and retail-service business are separate entities.[1]
2023Virgin Mobile customer migration
The company’s 2023 annual report states that migration of Virgin MobileVirgin MobileVirgin Mobile is a mobile-services brand used in multiple markets. Its UK operation launched as a mobile virtual network operator in 1999. Local businesses have different operators, network partners and histories; the original UK customer base moved to O2 plans in 2023.Open the full entry customers onto O2 plans began in Q1 and completed in Q4 2023. This was a UK integration, not the closure of every Virgin Mobile-branded service worldwide.[2]
Related Organizations, Websites, and Public Accounts
Virgin Media O2: Official link: https://www.virginmediao2.co.uk/ (opens in a new window).[1]
Richard Branson: Official link: https://www.virgin.com/branson-family/richard-branson (opens in a new window).[1][3]
Virgin GroupVirgin GroupVirgin Group is an investment and brand group originating in the record business established by Richard Branson and Nik Powell in 1970. Its network spans aviation, travel, hospitality, health, telecommunications, finance and spaceflight. Virgin-branded businesses have distinct ownership and operating arrangements.Open the full entry: Official link: https://www.virgin.com/ (opens in a new window).[1][4]
Virgin Mobile: Official link: https://www.virgin.com/virgin-companies (opens in a new window).[2][5]
Sources
- About Virgin Media O2 | We're upgrading the UK (opens in a new window)
- VMED O2 UK Limited: Annual Report and Consolidated Financial Statements for the year ended 31 December 2023 (opens in a new window)
- Richard Branson (opens in a new window)
- Virgin Group (opens in a new window)
- Virgin Mobile UAE (opens in a new window)