Virgin Media O2 – Page 4
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Network & Infrastructure
‘Focus and finance’: Telefónica sees UK NetCo adding fuel to fibre build
Virgin Media O2’s co-parent paints new, networks-focused UK business as an engine to accelerate roll out and monetisation of fibre connections.
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Weekly Briefings
Telefónicawatch Weekly: Virgin Media O2 sows seeds for major strategy shift, while Group stays planted in court
NetCo creation, bolt-on sales initiatives and TalkTalk’s consumer acquistion rumours mark busy week in UK; long-running legal issues advance elsewhere; plus blockchain, eVTOL, energy, rail, fintech, and more…
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Network & Infrastructure
Virgin Media O2 fibre NetCo carve out coming for Openreach (and ISP clients)
Potential number-two NetCo to be created by VM O2 and owners Liberty Global and Telefónica, with the aim of creating a scale wholesale fibre challenger; open to M&A consolidation; nexfibre remains arms length…
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Venturing & Investments
nexfibre readies billion-pound spend to snag second spot in UK fibre build race
£1bn to be pulled from funding pot as wholesale NetCo looks to identify as second in 2024’s UK fibre race, in terms of both additions and overall challenger build-out; confirmed remaining outside of VM O2 NetCo carve out…
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Financial & Performance
Virgin Media O2 rejigs spend plan and strategy as well of merger gains starts to dry up
UK operator seeks to put more fuel in its earnings tank through ‘incremental’ investments in customer experience, digital, fibre sales, and new products this year. Move comes amid wider, dramatic refresh of VM O2 business with the operator kicking off process of NetCo-ServCo split.
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M&A
TalkTalk rumours show potential for break-up to shake up status quo
Under-pressure telecoms group could take drastic action to alleviate debt concerns, which could significantly shake up the consumer and wholesale fibre ecosystem in the UK.
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Weekly Briefings
Telefónicawatch Weekly: Group loses 2,800 staff but gains 500 AIs
AI, APIs, and automation at the forefront of fresh tech upgrades across the Group, as it seeks to meet new strategic objectives of increased opex and capex efficiencies. Particular emphasis on data capabilities home market, where operator has reached AI milestones and forged risk intelligence deals over the last week…
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Network & Infrastructure
Virgin Media O2 says Tata to workplace app tangle
Tata Consultancy Services to refresh operator’s employee experience systems as part of ongoing programme of synergy extraction from former Virgin Media and O2 infrastructure.
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Weekly Briefings
Telefónicawatch Weekly: Group in a deal-making, people-shuffling mood
Agreements in energy, mobile, and security sectors aimed at bringing in fresh customers and reducing costs across international footprint; leadership changes promise to bring fresh perspectives as strategies shift and new shareholders enter the picture…
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Premium
Elsewhere in UK: Ofcom not keen on mid-contract price hikes
Ofcom not keen on mid-contract price hikes.
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Partnerships & Alliances
Virgin Media O2 signs on for another decade with Tesco
Two businesses extend their long-running joint venture well into the 2030s, responding to Tesco Mobile’s show of commercial resilience during pandemic and economic downturn, and progress on transformation.
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Premium
Telefónica Peoplewatch: new wave of director changes at Virgin Media O2
UK operator appoints new leaders in business development, commercial, transformation, and value creation segments.
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Weekly Briefings
Telefónicawatch Weekly: Group spending spree goes on shares, spectrum, and sports…
Telefónicawatch Weekly Briefing includes: laying out nearly €3bn on O2 Germany stake increase and Spain sports streaming rights. Chile’s upcoming 5G auction set to see more cash splashed.
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Weekly Briefings
Telefónicawatch Weekly: Álvarez-Pallete takes the stage as Group nears centenary
The latest around Telefónica and its markets, including CEO Álvarez-Pallete taking to the stage at the World Economic Forum; Vivo shelving network-share deal with Winity; and O2 Germany getting “aggressive” on discounts…
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Premium
Elsewhere in UK: Ofcom updates net neutrality guidance
Ofcom updates net neutrality guidance.
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Premium
Elsewhere in UK: Ofcom delays mmWave auction
Ofcom delays mmWave auction due to pending Vodafone–Three merger decision
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Interview
Tesco Mobile’s CTO delivers the goods with tech refresh
Sally Marriott highlights work to supercharge innovation at Tesco–Virgin Media O2 joint venture, via wide-scale transformation programme. Assisted by Adobe and Salesforce, as wall as co-owner VM O2…
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Premium
Latest Telefónica people moves: Hispam names new CX, transformation leaders
Hispam tweaks the roles of several directors, including in business development, customer care, digital transformation, and management control.
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Premium
Q3 results put Telefónica on track and on-message
Quarter’s results help Group present image of solidity and consistency.
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Strategy & Change
FY24–FY26 plan: Telefónica flaunts its capex-factor
Group lays out GPS-branded strategy update, grabbing spotlight with industry-‘leading’ ambition on capex intensity reduction.