Virgin Media O2
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Weekly Briefings
Telefónicawatch Weekly: Group fleshes out B2B portfolio
Group seeks to further capitalise on perceived B2B growth opportunity with new automation, cybersecurity, and device-as-a-service products. Meanwhile, Virgin Media O2 gets a wrist-slap from UK advertising regulator. Read more…
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Public Affairs
UK telcos under regulatory fire for ‘misleading’ ads
BT, TalkTalk, and Virgin Media O2 asked to remove ads following ASA investigation into claims that they could mislead consumers about mid-contract price hikes.
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Financial & Performance
Tesco–VM O2 MVNO cracks £1bn sales nut
Tesco Mobile reaches ten-digit revenue milestone for the first time, as premium handset and postpaid sales continue to grow, though profitability proving more challenging in UK’s cutthroat MVNO market…
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Weekly Briefings
Telefónicawatch Weekly: Group applauds Draghi’s call for telco deregulation
Operator agrees with recent EU competitiveness policy proposals, although industry bodies not so keen on recommendations. Telefónica España faces down competition in its home market, while continuing to reinforce wholesale segment. Elsewhere, Virgin Media O2 defends fibre strategy against CityFibre broadsides. Read more…
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M&A
Virgin Media O2 set to sell another chunk of Cornerstone — report
Operator to shed another 8% of tower JV with GLIL Infrastructure and Vantage, bringing total shareholding down to just above 25%.
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Eventwatch
Virgin Media O2 and CityFibre question each other’s fibre maths
Connected Britain: VM O2 CEO Lutz Schüler argues operator is taking “challenger” approach in UK’s fibre market, with nexfibre spin-off and upcoming NetCo positioning operator to be a “long-term sustainable partner” to altnets.
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M&A
Virgin Media O2 gears up for £1bn NetCo stake sale — report
Operator reportedly aiming to offload at least 20% stake in fledgling NetCo, with several infrastructure, private equity, and pension funds taking interest.
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Weekly Briefings
Telefónicawatch Weekly: Spain puts more rural 5G cash on the table
Telefónica España among operators eligible for extra public funding to expand 5G SA services in rural parts of the country.
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Weekly Briefings
Telefónicawatch Weekly: O2 Germany reinforces wholesale defences with Freenet deal
German operator confirms extended wholesale agreement with MVNO as it seeks to fill in future free cash flow hole left by loss of 1&1 deal.
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Financial & Performance
Telefónica gets to plugging Core Market wholesale gaps
Operator seeks to lock in key wholesale clients and create new revenue sources after management affirms wholesale will “be a drag” on 2024 performance.
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Financial & Performance
Telefónica Q2 FY24 Highlights: ‘Confident’ Group credits Core Markets catalysts
Initiatives unveiled in Q1 already bearing fruit, as Group affirms it remains on track to meet end-year financial objectives. Read more…
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Financial & Performance
Telefónica Q2 FY24 In-depth: Focus on profitability as revenue blips in key geographies
Group reports slight revenue and earnings increases, as growth decelerates in Brazil and Germany, while Virgin Media O2 adjusts guidance after reporting decreases in sales and EBITDA. Read more…
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Weekly Briefings
Telefónicawatch Weekly: Hispam sales jump back onto the agenda
Telefónica makes abrupt announcement of deal to exit Colombia with sale to rival Millicom, further reducing exposure to Latin America.
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Financial & Performance
Virgin Media O2 scopes out investment partners for 2025 NetCo launch
Liberty Global CEO Mike Fries says it is looking to finalise financing details this year to bring VM O2’s NetCo online. NetCo progress and fibre build-out puts a cheery note on VM O2’s further weakened performance in Q2, which prompted tweak to financial forecast…
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Weekly Briefings
Telefónicawatch Weekly: Group reinforces digital B2B services segment
Acquisition of Brazil’s IPNET promises to accelerate digital B2B services growth. Meanwhile, Group makes progress on infra asset monetisation as sale of Spanish data centres attracting investors.
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Weekly Briefings
Telefónicawatch Weekly: Group furthers network-sharing ambitions with Digi Spain
Operator finalises national roaming and mobile network-sharing deal with Digi Spain. Separately, in mobile segment, O2 Germany agrees removal of China-made hardware from German mobile network.
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Weekly Briefings
Telefónicawatch Weekly: UK mobile coverage expanded with net-sharing, rural rollout
Virgin Media O2 extends network-sharing deal with Vodafone UK, and meets first-phase Shared Rural Network coverage commitments.
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Network & Infrastructure
Virgin Media O2 scrapes past Shared Rural Network waymark… hard work begins now
VM O2 manages to reach interim 4G rural coverage target on deadline day. BT already ahead, Vodafone UK on track, but Three UK yet to confirm progress, with potential penalties from Ofcom looming. Read more…
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Products & Services
Telefónica injects automation into network slicing strategy
DTW24 – Ignite: Group seeks to implement automated network slicing across its core markets to bring in new enterprise customers, drive revenue growth, and expose network functions to developers.
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Weekly Briefings
Telefónicawatch Weekly: infra strategies boosted in Germany and UK
O2 Germany seeks to reduce site visits for technicians with fresh network analysis tools, while Liberty Global, the Group’s partner on Virgin Media O2 joint venture, analyses M&A possibilities in fixed segment. Read more…