Virgin Media O2, also known as VMO2, is a privately owned company headquartered in the UK. It is a joint venture between Liberty Global and O2 (Telefonica UK), founded in 2007, with approximately 16,700 employees, and reported $13.7 billion in revenue as of 2024. The company specializes in telecommunications, functioning as a converged services provider by integrating the UK's gigabit broadband network with mobile operations. It provides multi-gigabit fiber broadband, 5G mobile connectivity, and digital entertainment platforms to approximately 47 million retail and business connections. Virgin Media O2 positions itself as a customer-experience brand rather than a traditional utility, leveraging "Volt" bundles to bridge fixed and mobile services and utilizing its O2-branded assets to offer consumer rewards and entertainment access. Its infrastructure strategy involves a multi-billion pound transition to full-fiber (FTTP) technology and a commitment to achieving net-zero carbon operations by 2040.

2024 Revenue

Founded

2007

Headcount

16,700

Headquarters

UK

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

On April 17, 2026, the Multichannel Multipoint Distribution System (MMDS) service is set to end, with the broadcasting spectrum that facilitates it being reallocated. This change is expected to result in up to 10,000 households, solely relying on MMDS, losing their television service. Previously, on April 7, the Pensions Regulator advised pension scheme trustees to begin preparations for the "Virgin Media fix," which addresses potentially invalid historic changes and requires advisers to do groundwork for actuarial clearance as soon as the Pension Schemes Bill passes. This followed news on April 2 that Virgin Media users gained access to three new Rakuten TV channels at no additional cost. Earlier, on April 1, Virgin Media made Sky Atlantic, a channel previously exclusive to Sky set-top boxes for over 15 years, available to its one million TV subscribers, marking a significant expansion of content offerings.

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Virgin Media O2 offers 9 products in the connectivity and cloud and media and telecoms services industries. Virgin Media O2's product portfolio comprises of telecoms, broadcast television and radio, enterprise connectivity services, media and TV services and consumer electronics.
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Virgin Media O2's revenues were over $1B in 2024. Caretta Research has split Virgin Media O2's revenue into 10 different product categories, the largest of which is mobile services. For full access to Virgin Media O2's revenue breakdown subscribe to Caretta Portal.
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Examples of Virgin Media O2's suppliers include Amdocs, Tata Consultancy Services and Samsung Device eXperience.

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Virgin Media O2 currently holds 16 broadcasting rights for sports competitions including american football, greyhound racing, soccer | association football, horse racing, cycling, combat sports and motorsports.

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