Virgin Media O2's plan to spin off infrastructure is scrapped, Telefonica CEO says

Virgin Media O2's Plan to Spin off Infrastructure Is Scrapped ...

Virgin Media O2's plan to spin off infrastructure is scrapped, Telefonica CEO says

MADRID :The plan to spin off joint venture Virgin Media O2's fixed network in Britain had been scrapped, Telefonica's Chief Executive Marc Murtra told Reuters on Wednesday. "The project is stopped," Murtra said, clarifying his comment made during a call with analysts that the "plan is not on pause". Virgin Med

Virgin Media O2 spin off scrapped

A previous plan to spin off joint venture Virgin Media O2’s fixed network in Britain has been scrapped, Telefonica’s Chief Executive Marc Murtra has confirmed speaking to Reuters. “The project is stopped,” Murtra said, clarifying that the “plan is not on pause”. Source: Virgin Media O2 spin off scrapped

VM O2 in spotlight as Telefónica confirms NetCo plan scrapped

Telefónica boss says plan to spin out VM O2 network operation is permanently off the table, with the Group’s strategic review prompting the operator to renounce the NetCo-ServCo split model…

Virgin Media O2 holds on to fixed network

Plans to spin-off Virgin Media O2’s fixed network in the UK have been scrapped. In an interview with Reuters Chief Executive Marc Murtra clarified comments made during an analyst call when he said “plan is not on pause”. Last year, Virgin Media O2, which is jointly held by Telefonica and Liberty Global said it would spin off its fixed network into a subsidiary called NetCo. Part of the plan would have seen Virgin Media migrate all of its custome…

Virgin Media O2 Grow UK FTTP Premises by 114k in Q2 as Broadband Users Fall

The latest Q2 2025 results from Virgin Media and O2 today have revealed that their gigabit broadband network increased by 114,900 premises in the quarter to cover 18.53 million UK homes. But related customers suffered another fall to total 5,643,500 (down by -51.4k in Q2 vs -44k in Q1) and O2’s mobile base also suffered a fall (albeit with positive results in wholesale). The new results confirm that the combined Virgin Media and nexfibre fixed b…