O2


UK watchdog clears O2-Virgin Media merger

The UK’s Competition and Markets authority (CMA) has given the proposed merger of Telefónica’s O2 and Liberty Global-owned Virgin Media a provisional green light. The watchdog said that the £31 billion merger first announced in May 2020 “is unlikely to lead to any substantial lessening of competition in relation to the supply of wholesale services.” […]

Liberty Global and Telefónica name UK JV management

Liberty Global and Telefónica have named current Virgin Media CEO Lutz Schüler as CEO of their planned UK 50:50 joint venture, with O2 chief financial officer Patricia Cobian to be CFO of the combined operation. Schüler joined Virgin Media in 2018 as chief operating officer and has been CEO at Virgin Media since June 2019. […]

Virgin Media/O2 merger on course for mid-2021, says Fries

The merger of Virgin Media and O2 is on course, Liberty Global CEO Mike Fries has said. Writing to investors in the company’s year-end earnings, the chief exec said that “we are making very positive progress with the UK regulator on the joint venture between Virgin Media and Telefonica’s O2, and continue to anticipate a […]

O2 handed £10.5 million fine for decade of overcharging customers

Telefónica’s UK mobile operator O2 has been handed a fine of £10.5 million for almost a decade of billing errors which resulted in the overcharging of 140,000 customers. Ofcom opened an investigation into potential issues with the way O2 was billing departing customers in 2019. The regulator said that the fine was reduced from £15 […]

UK watchdog outlines concerns about Virgin Media/O2 merger

The UK Competition and Markets Authority has outlined its concerns about the proposed merger of Liberty Global’s Virgin Media and Telefónica-owned mobile player O2, with a focus on the potential impact of the pair’s combination on mobile wholesale markets. The watchdog is focusing on the possible impact of the merger on the supply of wholesale […]

DTG secures government funding for 5G stadium broadcast initiative

The UK’s Digital TV Group (DTG) has secured government funding to develop a 5G-based platform to broadcast events in stadiums and other venues.  The funding was secured in partnership with Digital Catapult, Global Wireless Solutions, O2, and Rohde & Schwarz. The project has an overall funding of £2.3 million, with £1.3 million coming from the […]

CMA launches probe of Virgin Media-O2 merger

UK competition regulator the CMA has referred the proposed merger of Liberty Global-owned Virgin Media and Virgin Mobile with Telefónica’s O2 for an in-depth Phase 2 probe following Virgin and O2’s request that the watchdog move quickly to this stage through a ‘fast-track’ process. The CMA’s move comes after it lobbied the EU to refer […]

Liberty Global’s Fries looking to Belgian merger, fixed-mobile convergence

Liberty Global is hoping part-owned Belgian operator Telenet will take advantage of the renewed sale of Wallonia-region cable operator Voo to create a national-scale player in the country, according to CEO Mike Fries.  Speaking at the Morgan Stanley European Technology, Media and Telecom conference online last week,  Fries said that the acquisition of Voo by […]

EC passes Virgin Media-O2 merger back to UK regulator

The European Commission has acceded to a request by the UK competition regulator, the CMA, to review the planned merger between Liberty Global-owned Virgin Media and Telefónica’s O2. The CMA lodged its request soon after the EU started its investigation into the merger in October. The decision means that the CMA will now begin a […]

1 2 3 5