O2–Virgin Media gets one step closer as EC sets deadline day
by Harry Baldock, Total Telecom
Thursday 01 October 20
The European Commission (EC) has set a provisional deadline of the 5th of November to finish its review of the merger of the two UK operators
Back in May, Telefonica announced that it would be merging its UK business, O2, with the fixed broadband provider Virgin Media, in order to take on the hegemony of incumbent BT.
The enormous deal, valued at nearly $40 billion, is expected to cause enormous upheaval in the UK telecoms sector…
Back in May, Telefonica announced that it would be merging its UK business, O2, with the fixed broadband provider Virgin Media, in order to take on the hegemony of incumbent BT.
The enormous deal, valued at nearly $40 billion, is expected to cause enormous upheaval in the UK telecoms sector…
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