Virgin Media O2 Secures £1 Billion to Upgrade the UK's Connectivity Landscape

Virgin Media O2 is thrilled to announce an exciting funding milestone, having successfully raised 1,000,000,000 to accelerate our vision of upgrading the UK. As the corporate brand formed from a unique 50:50 joint venture between Liberty Global and Telefónica SA, we have consistently leveraged our position as one of the UK’s largest and most dynamic businesses to deliver highly reliable connectivity solutions. Backed by the UK’s largest mobile network and the fastest widely-available broadband speeds, this substantial funding round will not only fortify our infrastructure but also empower us to enhance and expand our customer-first initiatives in ways that keep the UK connected and ahead in the digital era. At Virgin Media O2, we have always believed in the power of connectivity to transform everyday experiences, and this investment propels us further in our mission to upgrade the UK. The funds raised will be strategically directed towards expanding and modernising our network, investing in cutting-edge technologies, and delivering unparalleled service across all our offerings. These advancements are aimed at ensuring that every household and business throughout the UK can experience robust, seamless, and fast connectivity, whether it be through our mobile or broadband services. Our renewed commitment to customers is at the heart of this initiative, as we continually strive to merge innovation with reliability, ensuring that our diverse range of connectivity services not only meet the evolving demands of the market but also set new industry benchmarks. This funding represents a milestone that will accelerate our efforts, enrich user experiences, and continue to cement our legacy as the driving force behind the UK’s technological upgrade.