May 4, 2020

O2 and Virgin Media in talks to merge

Mobile operator O2 may be set to merge with broadband giant Virgin Media to create one of the country's largest entertainment and telecoms firms. A tie-up between two major players in Britain's telecoms and media sector would create a major rival to BT. Spanish firm Telefonica, which owns O2, confirmed that it was in talks with Virgin-owner Liberty Global. The company stressed that the negotiations were ongoing and there was no guarantee they would reach a deal.

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