Tag: virgin media
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Virgin Media O2 to cut thousands of jobs, halt UK fibre expansion
LONDON, Nov 3 : Virgin Media O2 is set to cut thousands of jobs and scale back its fibre ambitions as it seeks to increase its profitability in Britain’s fiercely competitive broadband and mobile markets.The telecoms operator, which is jointly owned by Liberty Global and Telefonica, is being squeezed by the r
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UK’s Virgin Media O2 to slash jobs, halt fibre roll-out
LONDON, Nov 3 : British mobile and broadband company Virgin Media O2 is cutting jobs, halting its fibre roll-out and is in talks to use its bigger rival BT’s network, as it seeks to increase its profitability and reduce debt.The company, jointly owned by Liberty Global and Telefonica, is being squeezed by the
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