Virgin Media O2 – Page 12
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Premium
Elsewhere in UK: VM O2 to establish refurbished device scheme
VM O2 continues social change efforts with refurbished device lending scheme for temporary accommodation residents; CWU swaps target-driven bonuses for 10% salary increase for retail staff.
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VM O2 signals private network ambitions
JV collaborating with Nokia on private mobile networks since 2020. Further deals could be in pipeline.
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VM O2 CTO Jeanie York tackles convergence complexity
York opens up on bringing together technology, products, and teams. CTO, CIO, and CDO are separate but collaborate. New Volt converged service is result of squad way of working.
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Telefónica people moves: Colombian fibre JV names leadership
Telefónica Colombia’s fibre-building joint venture with KKR launches with a familiar top-team. Collaborative initiatives see Group execs take board seats at GSMA and IndesIA. VM O2 continues to make sweeping changes to senior leadership, with former O2 UK execs Bailey and Soto finding new roles elsewhere.
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Network & Infrastructure
VM O2 seeks partners for £1bn fibre rollout
Telefónica and Liberty Global said to be contacting investors soon. Move would underpin aim to turn JV into “national fixed–mobile champion” to rival BT. Reports say VM O2 wants to bring fibre to seven million extra homes.
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Premium
Telefónica actions inflation-linked pricing
Virgin Media O2 customers to face steepest rise in broadband and mobile prices, but all UK customers will be impacted. 11% price hike in April a necessary part of network investment, VM O2 spokesperson claims.
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Public Affairs
Ofcom details O2 UK ‘carelessness’ in billing investigation
Regulator publishes 74-page document highlighting the extent of O2 UK feet-dragging in its investigation as to why the operator overcharged customers during a seven-year period. Demands O2 UK review its processes and systems to ensure accuracy and completeness of responses to information requests in future. Restates view that £150,000 ...
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VM O2 picks ITV for IPTV advertising support
VM O2 signs ITV for content aggregator play. Addressable advertising and “full” integration among the benefits. JV’s first IPTV service pushed back for a 2022 launch.
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Elsewhere in UK: VM O2 augments EV fleet
VM O2 augments EV fleet; becomes founding member of National Databank to provide free data to low-income households.
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VM O2 completes UK Gigabit rollout
Connectivity now reaches 15.5 million homes. Company to invest further £10bn in next five years.
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Network & Infrastructure
O2 Germany completes 3G shutdown in final hours of 2021
O2 Germany closed last 300 3G sites in December. CEO Markus Haas reiterates call for change in spectrum policy. Spain and UK to follow suit with 3G sunsetting.
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M&A
VM O2 CEO happy as spectator to BT takeover saga
Lutz Schüler, CEO at Virgin Media O2, said he “thanks God” his business is not distracted by shareholder goings on. Comes after Patrick Drahi expanded his shareholding in VM O2 rival BT. Schüler’s attention fixed on customer experience improvements and fibre rollout.
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Premium
Telefónica people moves: wholesale lead named at VM O2
VM O2 appoints Diego Tedesco to lead its Fixed Wholesale business in challenge to incumbent Openreach. SME-focused team also filled in at newly-merged UK operator, with appointments in marketing, products, and sales. Telefónica Tech draws in new faces from across the Group footprint.
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Telefónica Q3 FY21 Headlines: recovery gathers steam but jitters persist
Group describes results as “significant step towards economic and social recovery”. OBs put in a solid quarter, with Vivo and Telefónica Deutschland reporting gathering commercial momentum. First quarter for refashioned UK business. Telefónica Tech’s expansion still being significantly driven by M&A, obscuring ‘organic’ progress. Centralisation of Hispam progressing, and ...
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Telefónica Q3 FY21: Wary Group sticks to plan as recovery builds
Operator maintains rebound from pandemic with growth in earnings and revenue, and confirmation of guidance. All major OBs in growth and Hispam changes look to be having impact. Executives appear wary of conditions, with inflation and coronavirus lingering. Lid kept on capex as Group asserts discipline. Infra-Tech M&A frenzy ...
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Suppliers & SCM
VM O2 puts Samsung in RAN frame
Longstanding suppliers Nokia, Ericsson put on alert as JV explores “vendor diversity”. VM O2 will put Samsung’s 4G and 5G RAN equipment through its paces. South Korean supplier maintains kit is open RAN-compliant (after some configuration changes).
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Strategy & Change
Elsewhere in the UK: Ofcom looking at scam calls
Ofcom and operators team on scam calls, within limits; VM O2 IPTV launch draws nearer.
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Premium
Telefónica people moves: Tech configures board
Cerdán inaugurated as President, with Colchero, Eguiron, and Prendes in tow at Telefónica Tech. Telefónica Peru names new CFO in effort to align business with the Group’s regional vehicle Telefónica Hispam. Virgin Media O2 continues to confirm team, with senior VM figures retaining titles.
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Financial & Performance
Telefónica passes €1bn in shape shifting Tech push
Telefónica Tech division hitting €1bn in annualised revenue flagged as a highlight in Group’s Q3 results presentation. Growth business’s expansion still being significantly driven by M&A, obscuring ‘organic’ progress. Operator maintains rebound from pandemic with growth in earnings and revenue, and confirmation of guidance.
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Financial & Performance
Tesco Mobile results: JV shines positive light on challenging period
Mixed bag for joint venture throughout UK lockdowns. “Highly competitive” twelve months sees operating profit rise 20%.