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Virgin Media slammed by consumer group

Which?, the UK consumer organisation, has called on regulator Ofcom to look into “egregious” pricing tactics by Virgin Media and its “woeful” customer service. Which? argues that Virgin Media could be breaking the law and has given itself “sweeping powers” to hike broadband fees by unlimited sums whenever it wants. The consumer organisation says that […]

August 24, 2023By Chris Forrester

Virgin Media adds FAST channels powered by Amagi, 24i

Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV, in collaboration with 24i, the video streaming user experience expert, has announced that UK telecoms, media, and internet company, Virgin Media, has used its integrated solution to launch and monetise a new line-up of themed Free Ad-supported Streaming TV (FAST) channels on […]

August 23, 2023

Virgin Galactic Q2: “Cash remains strong”

Space tourism company Virgin Galactic reported its Q2 financials saying that its cash, cash equivalents and marketable securities were $980 million (€897.9m) as of June 30th 2023, a sequential increase of $106 million from the first quarter of 2023. Michael Colglazier, CEO of Virgin Galactic said, “During the quarter, we successfully completed two spaceflights in […]

August 3, 2023By Chris Forrester

Virgin TV adds 14 FAST channels

Virgin Media O2 has added a range of new themed channels to its TV line up at at no extra cost. TV favourites including Deal or No Deal USA, Fear Factor and Baywatch are now available to Virgin Media TV customers via dedicated streaming channels. The new channels are based around a single programme or […]

August 1, 2023By Nik Roseveare

VMO2 to cut 12% of workforce

Virgin Media O2 is to cut up to 2,000 UK jobs, or 12 per cent of its total workforce, by the end of this year. That includes 800 reductions already announced. The news comes as rivals BT and Vodafone both announced major cuts. Virgin Media O2 said: “As we continue to integrate and transform as […]

July 25, 2023

Virgin Galactic confirms next mission

Space tourism business Virgin Galactic is planning its Galactic 02 mission to happen on August 10th. This mission will be Virgin Galactic’s seventh spaceflight, second commercial spaceflight and third spaceflight this year; flying on this occasion three private passengers to space. The flight window will open on August 10th, continuing the Company’s regular cadence of […]

July 17, 2023By Chris Forrester

Virgin Galactic needs $400m extra funds

Sir Richard Branson-backed tourists-into-space project is seeking a cash infusion of about $400 million (€367.2m). Its first commercial sub-orbital flight (designated Galactic 01) is scheduled for later this week when it will carry a group of Italians on a brief journey to the edge of space. The mission will happen from Virgin’s Spaceport America in […]

June 26, 2023By Chris Forrester

Virgin Galactic outlines next missions

Virgin Galactic will re-start commercial flights before the end of June. Its first mission, dubbed ‘Galactic 01’, and the first commercial flight of its SpaceShipTwo suborbital vehicle will happen between June 27th-30th on a scientific mission for the Italian Air Force. SpaceShipTwo will fly from Spaceport America in New Mexico. It will carry three people […]

June 19, 2023By Chris Forrester

Ofcom: Telco complaints handling still an issue

Ofcom has published its seventh annual comparing customer service report, painting a mixed picture of how UK telecom providers performed in 2022. It reveals that people were more likely to be satisfied with their mobile provider (87 per cent) than their broadband (82 per cent) or landline company (77 per cent). And while average numbers […]

May 18, 2023

Virgin Orbit sets ‘stalking horse’ asset sale

Virgin Orbit, operating in Chapter 11 bankruptcy protection, has entered into a ‘stalking horse’ agreement with Stratolaunch. A Stalking Horse agreement is a starting point for a bid and which other interested parties must exceed if they want to make an offer for the assets of a company. Virgin Orbit, in a filing to its […]

May 18, 2023By Chris Forrester