Virgin Media O2’s decision to offload part of its Corneridge UK towers business to GLIL Infrastructure for £360 million marks a key shift in telecom infrastructure ownership. However, this move falls short of industry valuations, indicating price reductions in the investment market. Despite this, VMO2 retains operational and strategic control in this critical asset, striving to enhance 4G connectivity and intensify 5G rollout. This move aligns with the firm’s wider strategy, marking the start of a potentially transformative series of ambitious deals, lightening its footprint while driving growth.
Unveiling the turbulence in UK’s telecommunications landscape, Virgin Media O2 (VMO2) unfolds its significant workforce reduction strategy. This controversial move, intertwined with dwindling customer base and towering debts, sets a profound impact on the telecom titan’s ascension in the telecom market. Yet, amidst customer attrition, VMO2’s sturdy quarter reports defied setbacks leveraging raised prices, raising critical discussions within the industry.
In a major step toward network evolution, UK’s Virgin Media O2 (VMO2) has successfully tested and begun selling services powered by cutting-edge XGS PON fibre technology. This move, primed to revolutionize digital connectivity, promises customers symmetric 10 Gbps upload and download speeds but might initially be geographically limited. The transformative technology is expected to rival offerings from other telco giants whilst unlocking the potential for future technological advancements.
Virgin Media O2 faces potential job cuts amid ongoing integration, despite previous assurances of alternative roles for at-risk employees, sparking concerns about future opportunities in the telecommunications sector.
Virgin Media O2 extends its RAN deal with Nokia, enhancing 4G and 5G coverage in the UK, while exploring potential 5G cloud RAN pilots. This partnership diversifies vendors and supports the nation’s digital transformation.
Virgin Media O2 exposes a £500m issue in the mobile industry, accusing competitors EE, Vodafone, and Three of confusing contracts and overcharging postpaid customers. As demands for transparency grow, collaboration could lead to a more consumer-friendly market.
Virgin Media O2 reveals ambitious plans to expand its UK network, reaching 80% full fiber coverage and 50% 5G serviceability by year-end. Growth attributed to nexfibre joint venture and Q1 results showcase increased customer relationships amidst revenue fluctuations.
Juniper Networks, a supplier of secure, AI-driven networks, announced that Virgin Media O2, one of the UK’s major fixed and mobile service providers, has updated its IP core backbone network in conjunction with Juniper. The upgraded network can accommodate 800G and is part of Virgin Media O2’s long-term strategy to invest in sustainable infrastructure capable of supporting continuous data growth and bandwidth needs. This investment will allow the company to quickly launch revenue-generating services while also lowering power, cooling and space usage expenses. In order to implement this strategic update, Virgin Media O2 selected Juniper as its technology partner for a number of reasons. Prior to their joint venture in 2021, Virgin Media and O2 had used Juniper for more than 10 years as their primary networking provider. Additionally, Juniper was able to provide Virgin Media O2 with a compelling economic proposition by protecting their long-term investment. This…
Swedish vendor Ericsson has signed an agreement to provide a 5G “core” to Virgin Media O2, a new company established by a merger between Virgin Media and the mobile operator O2. Ericsson will build a VMO2 standalone 5G core, that will incorporate 4G and non-standalone 5G cores, to create dual-mode 5G core, as referred to by Ericsson. The vendor has been a supplier to mobile operator O2 UK for quite some time now. The previous deal between the two companies focused on an ongoing “network modernization program” that was introduced in June 2020. Since the older core used by O2 was also that of Ericsson, it was appropriate to continue with the same technology vendor. Moreover, the new agreement also allows Virgin Media O2 to provide a standalone 5G service. UK operators have based their 5G launches on a “non-standalone” architecture that allows the 5G RAN to revert…
The new UK joint venture between Liberty Global and Telefónica officially became operational on 1 June, merging the two household names to form Virgin Media O2 (VMO2). This joint venture has committed to providing a unique choice to consumers and has also promised to boost the UK economy. While, at the moment, the company is not changing any of its current services, later this year it plans to offer seamless broadband, entertainment and mobile services all in one place. The Liberty Global-Telefónica merger is devoted to investing at least £10bn in the UK over the next five years. This investment will help businesses further contribute to the UK Government’s goals of connectivity, upgrading infrastructure all around the country, creating stiffer competition and providing a wider variety of choices for customers. The merger instantly makes the new business one of the largest in the UK, with 47 million…