Virgin Media O2 and Daisy unite to form £3bn business telecoms group

Virgin Media O2 strikes tie-up with Daisy to form £1.4bn business telecoms giant

The combined firm will be majority owned by Virgin Media O2, which will hold a 70% stake, with Daisy Group owning the remaining 30%.

Virgin Media O2 to partner with Daisy Group to create £1.4bn firm

Virgin Media O2 has agreed a merger deal of its business-to-business division with Daisy Group in a tie-up that will create a telecoms company with around £1.4bn in sales.

UK's Virgin Media O2 and Daisy Group combine in business telecoms

Britain's Virgin Media O2 will combine its enterprise unit with business-to-business telecoms provider Daisy Group, the companies said Monday.

Virgin Media O2 and Daisy unite to form £3bn business telecoms group

VMO2 is merging its business arm with Daisy Group to form a new company with annual revenues of about £1.4bn in a deal to be announced later on Monday, Sky News learns.

Virgin Media O2, Daisy combine in B2B in hunt for growth

Operator to merge enterprise and IT services segments with Daisy, creating a new joint venture to serve “hundreds of thousands” of UK administrations and businesses. VM O2 CEO Lutz Schüler says move marks a “big step forward” in improving B2B performance…

VMO2 Business merges with Daisy Group to build IT and telecoms ‘powerhouse’

News The combined business is valued up to £3 billion Today, Virgin Media O2 (VMO2) Business and Daisy Group have announced their intention to merge, creating a new B2B communications and IT giant. The combined company will have roughly 700,000 customers, annual revenues reaching around £1.4 billion, and an estimated value of £2.5–£3 billion. VMO2 will own 70% of the merged business and Daisy Group will hold 30%. The deal is expected to deliver …