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Weekly news summary: BT suspends dividend, as O2 and Virgin Media UK plot a merger
2020-05-11 09:24:00| Telecompaper Headlines
(Telecompaper) Earnings news in the past week was more about changes to guidance than the results themselves, with the Covid-19 lockdowns setting in globally only in March. Companies with media exposure, including telecoms companies such as Nos, appear to be hurt more than others. BT stood out, as it suspended its dividend in favour of rolling out fibre networks. In other telecoms news, two more 5G networks commercially launched. The most important news of week 19 was the planned merger of O2 and Virgin Media in the UK.
Liberty Global, Telefonica to merge O2, Virgin Media in 50-50 joint venture in UK
2020-05-07 08:17:00| Telecompaper Headlines
(Telecompaper) Liberty Global and Telefonica have reached an agreement to merge their UK operations in a 50-50 joint venture. This brings together the country's largest mobile operator O2 UK with cable operator Virgin Media and its MVNO Virgin Mobile.
Liberty Global and Telefónica to merge UK operations
2020-05-07 08:00:27| Digital TV News
Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) and Telefónica (Madrid: TEF) have agreed to merge their operating businesses in the UK to form a 50:50 joint venture. The combination will create an integrated communications provider with over 46 million subscribers.
Tags: uk
global
operations
liberty
Anheuser-Busch InBev renames Mike's Sparkling Water as hard seltzer in UK
2020-05-05 15:10:00| Daily beverage news and comment - from just-drinks.com
Anheuser-Busch InBev has rebranded its alcoholic sparkling water brand in the UK as a hard seltzer.
New deal with Three sees Virgin Media become a heavyweight in UK 5G backhaul
2020-05-05 02:00:00| Total Telecom industry news
This has been a huge week for Virgin Media. Reports over the weekend suggested that a potential merger with O2 was on the cards, a move which would fundamentally reshape the UK telecoms market. The rumoured negotiations were yesterday confirmed by O2&rsquo…read more on TotalTele.com »
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