Liberty Global, the multinational telco, has announced its Q2 2021 financial results. The company posted a quarterly revenue of $3.1 billion (€2.6bn) – an increase of 14.1 per cent year-on-year on a reported basis, and 3.4 per cent on a rebased basis. Despite the rises in revenues and profits, Liberty Global’s overall subscriber growth slowed […]

Telefónica has posted a record net income of €7.7 billion in the second quarter of 2021. The Spanish multinational telco says this “historic figure” is the result of capital gains on the merger of O2 and Virgin Media in the UK and on the sale of the Telxius tower business. Both transactions are two of […]

Virgin Media O2 is launching an interactive online map revealing the iconic locations featured in many of the UK’s most popular TV shows. The new online tool, TV Mapper, allows users to search by show, genre or region; plan the ultimate fan route; and follow in the footsteps of their favourite characters, virtually or in […]

People in rural Scotland, Wales and the North East of England will enjoy huge improvements in their mobile coverage thanks to what the UK government is calling a world-first £1 billion mobile connectivity programme. This scheme is a major part of the government’s plan to level up all parts of the UK and will bring […]

Reports have emerged that Liberty Global has put its Virgin Media Ireland broadband TV business up for sale. The unit was not included in the recent merger between Liberty Global’s UK Virgin Media multiplay operator and Telefónica’s O2 mobile telco. Liberty Global, is understood to have hired telecoms investment bank LionTree to sound out buyers […]

WWE (World Wrestling Entertainment) is set to return to the UK for the first time in over two years. The company has revealed it will be putting on four live shows this September – the first UK dates since November 2019 after the pandemic wiped out all international touring in 2020. In an annoucement, the […]

Following a provisional clearance in April 2021, the UK’s Competition and Markets Authority (CMA) is now allowing the proposed merger of Virgin Media and Virgin Mobile with O2 to go ahead. Both Virgin and O2 sell wholesale services to a number of mobile operators in the UK. Virgin supplies wholesale leased lines to mobile operators […]

Vodafone shares fell as much as 8.3 per cent after CEO Nick Read’s strategy showed higher capital expenditure on network investments will hit free cash flow. Vodafone said it can increase margins in the medium-term and guided for adjusted earnings before interest, tax, depreciation and amortisation after leases between €15 billion and €15.4 billion in […]

Liberty Global has revealed its Q1 2021 financial results which show that its convergence strategy added +80,000 broadband and +146,000 post-paid mobile subscribers. CEO Mike Fries stated: “As we continue to execute through the challenges of Covid-19, we’re hopeful that better and safer times lie ahead for our employees and our customers. While the well-being […]

Having received provisional clearance by the UK’s Competition and Markets Authority (CMA), the proposed merger of Liberty Global-owned Virgin Media and Telefónica-owned O2 will bring together one of the UK’s four nationwide mobile networks and the UK’s only DOCSIS cable broadband network. According to Gary Barton, a Principal Analyst at data and analytics company GlobalData, […]