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VM O2 may save close to £1bn on fibre as CEO declares three-player market unviable
Neal Doran2026-11-04T16:25:00
Source: Virgin Media O2
Virgin Media O2 has pulled the plug on its cable-to-fibre conversion, potentially avoiding nearing on £1bn of investment as management argues that three-way infrastructure competition is economically unsustainable in much of the UK.
This article includes:
- Themes: Broadband consolidation; Cost reduction; DOCSIS 3.1; Fibre broadband; Fibre-to-the-premises (FTTP); Hybrid fibre coaxial (HFC); Network investment; Telecoms debt; Telecoms restructuring.
- Events: Liberty Global Q3 FY26 earnings call.
- People: Charlie Bracken; Lutz Schüler; Lyssa McGowan; Mike Fries.
- Geographic: UK.
- Organisations: CityFibre; Competition & Markets Authority (CMA); Liberty Global; Nexfibre; Ofcom; Substantial Group; Telefónica; Virgin Media O2 (VM O2).
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