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Home > Mobile > Liberty Global and Telefonica merging UK operations

Liberty Global and Telefonica merging UK operations

Liberty Global and Telefonica announced that they will merge their operating businesses in the United Kingdom.

Erdem Yasar by Erdem Yasar
May 9, 2020
in Mobile
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Liberty Global and Telefonica merging UK operations
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Two companies are merging their businesses in the UK to form a 50:50 joint venture. Virgin Media and O2 will create an integrated communications provider with over 46 million video. The joint venture will also accelerate the adoption of converged fixed-mobile services to Virgin Media’s and O2’s existing business customers and offer new services using both companies’ digital skills.

Broadband network and entertainment services

Telefonica Chief Executive Officer, Jose Maria Alvarez-Pallete
Telefonica Chief Executive Officer, Jose Maria Alvarez-Pallete

Two companies also announced that the fully converged platform will have the scale to innovate in the changing digital landscape, investing £10 billion in the UK over the next five years. Telefonica Chief Executive Officer, Jose Maria Alvarez-Pallete, said,

“Combining O2’s number one mobile business with Virgin Media’s superfast broadband network and entertainment services will be a game-changer in the UK, at a time when demand for connectivity has never been greater or more critical. We are creating a strong competitor with significant scale and financial strength to invest in UK digital infrastructure and give millions of consumer, business and public sector customers more choice and value. This is a proud and exciting moment for our organisations, as we create a leading integrated communications provider in the UK.”

Mike Fries, Chief Executive Officer of Liberty Global, said,

“We couldn’t be more excited about this combination. Virgin Media has redefined broadband and entertainment in the U.K. with lightning fast speeds and the most innovative video platform. And O2 is widely recognized as the most reliable and admired mobile operator in the UK, always putting the customer first. With Virgin Media and O2 together, the future of convergence is here today. We’ve seen the benefit of FMC (fixed-mobile convergence) first-hand in Belgium and the Netherlands. When the power of 5G meets 1 gig broadband, UK consumers and businesses will never look back. We’re committed to this market and are right behind the Government’s digital and connectivity goals.”

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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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