Virgin Media O2 strengthens its focus on digital innovation by selling an 8.33% stake in Cornerstone to Equitix. As the UK’s largest tower operator, this move highlights Virgin Media O2’s strategy to optimize its infrastructure investments while prioritizing future advancements in 4G and 5G development.
The Swansea Bay City Deal awarded VMO2 a contract to upgrade fibre infrastructure. The global smartphone market is expected to grow, driven by Android sales in China and emerging markets. Patton acquired Raymar Information Technology to continue supporting crucial legacy industrial technologies. EE has released age-specific smartphone usage guidelines.
Vodafone UK and Virgin Media O2 have announced a pivotal agreement to extend and enhance their mobile network sharing for over a decade. This transformative partnership, contingent on regulatory approval, promises significant improvements in network quality and coverage, benefiting millions of customers and boosting the competitive landscape of UK mobile markets.
Virgin Media O2 and Crown Commercial Service have inked a new Memorandum of Understanding aimed at enhancing technological and telecommunications solutions to bolster digitalisation efforts within the UK Government and the wider public sector. CCS, a government body responsible for aiding public sector procurement, has been pivotal in organizing the purchase of common goods and services across various organizations.
Bridging the digital divide in vast and harsh terrains like the Scottish Highlands, VMO2 embarks on a novel approach, utilizing a constellation of Low Earth Orbit satellites from Starlink for critical backhaul services. Bypassing conventional, costly terrestrial infrastructure, VMO2’s tests have proven the potency of satellite technology in improving coverage across the UK.
Virgin Media O2 (VMO2) has unveiled a groundbreaking service named ‘smart support’ aimed at automatically monitoring and resolving home network issues for broadband customers. Leveraging Cisco ThousandEyes technology, the innovative system will debut with 300,000 Virgin Media broadband users, with plans for a comprehensive rollout in the future.
In a bid to bolster data-driven policy decisions, Virgin Media O2 Business has joined forces with the Office for National Statistics (ONS), offering anonymized and aggregated O2 Motion data to be integrated into the Integrated Data Service (IDS).
VMO2 faced a substantial loss of £3.3 billion in 2023, worsened by a £3.1 billion goodwill impairment rooted in increased capital costs. While their debt soured under challenging economic conditions, they still managed to attract 64,000 new broadband and 47,000 mobile customers. Nevertheless, revenues witnessed a slight tumble as consumer fixed income dipped and the B2B sector lagged.
VMO2 reignited talks over a potential acquisition of TalkTalk’s consumer business this week, eyeing several million UK broadband subscribers. Yet, the negotiation’s early nature and TalkTalk’s sizable £1.1 billion debt make the situation complex.
VMO2 is set to bolster its workforce with 200 new roles, an exciting prospect for those seeking to embark on careers in the dynamic telecommunications industry. While this initiative presents a pathway to cultivating vital skills and qualifications, the telecom giant’s stride in employment growth seems to have slowed following last year’s ambitious pledge.
