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VIRGIN MEDIA O2

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Virgin Media O2's sale of Corneridge UK towers to GLIL Infrastructure for £360 million marks a key shift in telecom infrastructure ownership.
Infrastructure

Exploring Virgin Media O2’s Cornerstone Sale and its Implication

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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.

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BT, VMO2, and Vodafone have been announced as beneficiaries of UK government funding for research related to Open RAN technology.
Broadband

Unpacking Open RAN’s Impact: UK’s £88 Million Innovation Testbed

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Prominent UK telecom companies like BT, VMO2, and Vodafone have been selected beneficiaries of government funding for research into Open RAN technology. Innovative projects, with a focus ranging from energy efficiency to security, will share in the £88 million ($121 million) funding. The main goal is to figure out whether Open RAN can rival traditional RAN, especially in high-traffic areas and rural deployments, in terms of cost, reliability and energy consumption.

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The UK's telecommunications sector received a substantial blow today, with Virgin Media O2 (VMO2) announcing a significant staff reduction plan following the publication of its Q2 results.
Telecom News

Virgin Media O2’s Strategic Workforce Reduction

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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.

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Week #29
News Roundup

A quick roundup of the news in Telecoms | Week #28

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Huawei plans a comeback in the smartphone market with new 5G devices using domestic chip supplies. Concerns persist about the quality of these chips and Huawei’s absence from the Android Play Store. CityFibre challenges Openreach with a faster wholesale FTTH service, while Optus collaborates with SpaceX’s Starlink to expand mobile coverage in Australia’s remote areas. Ofcom investigates O2 Virgin Media over customer complaints, and the European Court of Justice rejects a ruling on the Three-O2 merger, adding to the uncertainty in the telecommunications regulatory landscape.

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Portrait of attractive cheerful amazed girl using gadget social network post isolated over bright green color background, week #26
News Roundup

A quick roundup of the news in Telecoms | Week #26

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Virgin Media O2 Plans Job Cuts Virgin Media O2 is reportedly planning job cuts, with anywhere between 800 and 2,000 jobs at risk of elimination. The company has rescheduled an imminent pay rise for staff to avoid including it in redundancy packages. This news disappoints staff who were led to believe they would have the opportunity to transfer to different departments, but anonymous sources suggest suitable alternative roles may not be available. The job cuts are part of the ongoing integration process between O2 and Virgin Media, following their merger in 2021, and are expected due to real estate consolidation and eliminating overlapping roles, common methods in mergers. Read the full article T-Mobile and Bellevue Pilot Road Safety Tech T-Mobile US and the city of Bellevue, Washington, are partnering to pilot Cellular Vehicle-to-Everything (C-V2X) technology, aimed at enhancing road and pedestrian safety through real-time information. T-Mobile will provide 5G connectivity,…

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Virgin Media logo sign in Northampton town centre.XGS PON
Telecom News

Unleashing the Power of XGS PON: Virgin Media O2’s Bold Move

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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.

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