All Virgin Media O2 (VM O2) articles – Page 24
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Public Affairs
Four years later, O2 UK bribery probe hits headlines
Sunday Telegraph report highlights an investigation into alleged corruption among O2 UK management. Claims appear linked to alleged abuse of the O2 UK incentive scheme, first identified in 2017, which prompted a significant overhaul of the operator’s anti-corruption policy and procedures.
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Network & Infrastructure
Lopsided Scottish 4G project shows MNO divergence
After slow start, S4GI scheme now a third of the way towards meeting 2023 site rollout target. But EE remains dominant player, with site activation pipeline more than seven times as large as that of its three rivals. Signs SRN could be shunting S4GI down other MNOs’ priority lists. ...
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M&A
CityFibre eyes fresh cash injection
Press reports suggest Openreach challenger will announce fresh funds through stake sale and bond issue.
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Premium
Telefónica claims inflection point as structure shifts
Despite changing perimeters and restatements making a clear view difficult, organic growth across the business offers promise. Guidance improved on positive first half for revenue and profit, but operating cash flow is retreating compared with FY22 goals. Net debt coming down after disposals and restructuring, and Latin American loans ...
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Suppliers & SCM
Virgin Media O2 picks Ericsson for 5G SA core
5G core network to be hosted on Ericsson cloud infrastructure in VM O2 data centres.
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Premium
H1 FY21: Telefonica seeks rationality at its core
Core markets showing progress as the worst effects of the pandemic begin to recede. Steady move towards converged services across all markets reflects continued pursuit of a valuefocused strategy as digital services begin to proliferate. Spanish flagship leading the way on strategy, but still experiencing a tough competitive market. ...
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People
Groves comes up inside track to lead VM O2 marketing
Former Tesco Mobile CMO to lead on VM O2 brand and marketing as two prime candidates depart. Veteran Groves set to push for a more holistic approach to customer experience across the merged business.
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Premium
Telefónica Innovation & Venturing Roundup: Open Future expands footprint
Open Future expands footprint in Spain and launches a call in Argentina; recent Wayra investments come good with VM O2 retail pilot and Movistar distribution deal.
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Strategy & Change
Elsewhere in Telefónica Core Markets: German 5G rollout update
German OB advances 5G rollout; customer rewards scheme launched in Spain after successful trial; VM O2 reinforcing green credentials.
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Network & Infrastructure
Jansen now sees BT chasing 30 million premises with full-fibre
Extra five million presented as ‘infill’ and presumably more rural. Immediate competitive riposte to news of Virgin Media O2 FTTP retrofit, which it neatly doubles. Jansen says BT not concerned, but challenger altnets should be. No rush for fibre JV partner, but Jansen reveals a UK compatriot would be ...
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Strategy & Change
VM O2 preps for wholesale with code powers application
Concerns over securing acceptable commercial terms for key sites on VM O2 network behind request for additional tenancy rights. Code-based flexibility will simplify the process of enabling wholesale access to sites, while supporting potential network expansion.
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Financial & Performance
BT Q1 FY21–22: another toughie, but with promise(s)
Q1 reiterated as a road to a recovery that will materialise in H2. Consumer reviving but Global eponymously damned. Microsoft deal more than slideware. Virgin Media–O2 FTTP investment could be a backhanded compliment and gift to BT.
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M&A
Cancom joins Telefónica Tech stable
Telefónica Tech picks up cloud and security specialist Cancom, as the Group’s growth-oriented technology division targets a strengthened UK presence. Move appears enabled by compete parameters in Virgin Media–Telefónica UK shareholders’ agreement.
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Premium
VM O2 bites bullet and pledges fibre future
A future upgrade of VM O2 fixed infrastructure will see coaxial cable edged out and fibre deployed throughout the operator’s footprint. Switching to XGSPON instead of DOCSIS 4.0 pricy, but manageable within modest budgets and with multiple longer term benefits. Pragmatic approach to fibre is partly driven by the ...
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Premium
Digging the UK fibre scene: competition hots up
Investment funds continue to flood fibre altnets, with emerging challengers collectively committing to passing more than 20 million homes in coming decade and many billions in investment promised.
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Strategy & Change
Elsewhere in Vodafone Group: Group shells out €20m in fines
Dutch copycat in Ireland ‘not on cards’; sustainability front and centre with green network boost; Group shells out €20m in privacy fines.
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Premium
Telefónica people moves: Prautzsch takes helm at German FibreCo
Telefónica Infra’s fibre JV with Allianz fills out management positions, drawing on Telefónica insiders. Ayucar and Martínez take CTO roles in the Digital Consumer & Data Office. Vivo rotates Operations and Wholesale leadership.
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Premium
UK government hands WAN win to BT
Five-year, £23m contract signed for network access services to the DWP. BT’s Strategic Supplier standing consolidated.
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Premium
Elsewhere in BT Group: VM-O2 challenge emerges
Virgin Media O2 challenge gets real; Dundee offices set to take 1,000 staff; government-backed broadband schemes under the spotlight.
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Venturing & Investments
Shopper tracking startup earns Wayra investment and O2 deal
Wayra UK dials up London-based startup’s already substantial financing. Investment sets the stage for a “multi-million-pound” retail partnership with the Group’s UK operator.