O2 and Virgin Media create $38Bn telecoms giant

O2 and Virgin Media create $38Bn telecoms giant

Internet supplier Virgin Media and mobile phone carrier O2 plan a UK telecoms merger valued at $38Bn in a move to challenge British Telecom. Liberty Global, which owns Virgin Media, and Spain’s Telefonica, owners of O2, said they had agreed terms for joining forces.’It’s not a secret any more, when 5G meets 1 gig broadband we know magic can happen for customers,’ Said Liberty Global CEO Mike Fries

Timothy
Timothy
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