Advanced Television

altnet

nexfibre, Virgin Media O2 acquire altnet Upp

UK fibre builder, nexfibre, in partnership with Virgin Media O2, has reached an agreement with fibre operator, Upp, to acquire the provider. The acquisition will boost the fibre footprint of nexfibre by 175,000 premises in the East of England and ensure investment and network build in the region continues. The all-cash deal sees Virgin Media […]

September 6, 2023

VM02 mulls CityFibre bid

UK multiplay operator Virgin Media O2 (VMO2) is reported to be considering a £3 billion (€3.4bn) takeover bid for full fibre altnet CityFibre. Mike Fries, chief executive of VMO2 parent company Liberty Global, is said to have held initial talks with Greg Mesch, Chief Executive Officer at CityFibre. By 2025 CityFibre’s rollout is set to […]

March 20, 2023By Colin Mann