Virgin Media O2 – Page 2
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Public AffairsOfcom 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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Partnerships & Alliances
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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Strategy & Change
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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Network & Infrastructure
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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Financial & Performance
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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Financial & Performance
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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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%.
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Venturing & Investments
AtlasEdge reels in more investment, new CEO
Liberty-backed European datacentre operation gets investment boost from Digital Realty. Giuliano Di Vitantonio to become CEO in January. Virgin Media O2 confirmed as AtlasEdge customer.
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M&A
Telefónica moulds new UK unit for central cloud push
Cancom business, bought in August, becomes “Telefónica Tech UK & Ireland”. New name reflects ambitions to widen out Group’s in-country offering.
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Partnerships & Alliances
Greggs keeps good times rolling with VM O2 partnership
Virgin Media O2–Greggs alliance working “well for both brands”, as telco adds element of differentiation to customer loyalty programme.
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Partnerships & Alliances
VM O2 takes to the skies with Fotokite
Swiss tethered drone solutions provider trials emergency response system with VM O2.
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Profile
CEO Lutz Schüler relishes challenger role at VM O2
After Virgin Media O2’s first 100 days, Schüler is raring to go head-to-head with BT on full fibre, wholesale, and B2B. Reportedly in talks with Sky on fibre investment. Determined merger integration won’t slow VM O2 down. Big believer in “data and digital” for delivering what customers want; hints ...
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Products & Services
Virgin Media O2 plans IPTV service launch
First streaming service offer targeted at young consumers. VM O2 sizes up aggregator opportunity.
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M&A
Telefónica joins Liberty in move towards UK tower sale
Goldman Sachs reportedly handed reins to examine prospective Cornerstone share sale.
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Strategy & Change
Evans elevated to lead Telefónica’s digital strategy
Former O2 UK CEO takes a step up the Group management ladder after missing out on role as head of merged UK JV. Potential for pivotal digital double act with Chema Alonso bringing innovation expertise to be harnessed by Evans’ commercial nous. Navarro remains as key adviser to Chairman, ...
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