Project Lightning

Fries outlines Virgin Media’s Lightning ambitions

Virgin Media’s £3 billion (€4 billion) Project Lightning broadband investment programme will extend the company’s reach to two thirds of UK homes and generate up to £1 billion in incremental revenue by 2020, according to parent company Liberty Global’s president and CEO Mike Fries. Fries, speaking on an analyst call after Liberty Global released its […]

Virgin Media plans £3 billion ultrafast broadband expansion

Liberty Global-owned cable operator Virgin Media has unveiled plans to invest a further £3 billion to expand its ultrafast broadband to four million more homes and businesses in the UK.  According to Virgin, the five-year scheme, dubbed ‘Project Lightning’, will deliver broadband speeds of up to 152Mb and will mean that the number of premises […]