When Mike Fries, the 63-year-old boss of Virgin Media O2 (VMO2) parent company Liberty Global, mounted a defence of the £2bn broadband takeover he had engineered, his strategy was scattergun.
The company has lost 182,000 broadband and 644,000 mobile customers in two years and is operating in an increasingly competitive market competition ...
Virgin Media O2’s troubled £2b tilt at Netomnia has thrown a harsh spotlight on UK alternative broadband operators, where ...
The broadband firm has not finalised numbers but it is likely be a sizeable chunk of staff, the BBC understands.
Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer service ...
By Paul Sandle LONDON, Nov 3 (Reuters) - Virgin Media O2 is set to cut thousands of jobs and scale back its fibre ambitions as it seeks to increase its profitability in Britain's fiercely competitive ...
Trooli is said to be exploring a possible sale as the altnet market becomes more saturated. Founded in 2003, Trooli focuses ...
Virgin Media O2 job cuts could reach 4,000 as the company prepares a £600million cost-reduction drive ahead of Tuesday ...
Virgin Media O2 is halting further fibre upgrades and preparing workforce reductions as part of a strategic reset targeting £800 million in annual cost savings by 2029.
The £31 billion ($43.2 billion) merger between Virgin Media and O2 has been provisionally cleared by the U.K.’s competition watchdog, after it found the deal was unlikely to lead to reduced ...
UK telecoms giant Virgin Media O2 is preparing to axe thousands of jobs as it works to slash its £22 billion ($29.55bn) debt ...