Virgin Media O2: from coax to fibre and 80% coverage in 2028
Virgin Media O2 (VMO2) is undertaking a major upgrade and expansion of its network in the UK to fibre. Nexfibre, a joint venture set up with investor InfraVia, plays a big role in this. However, the company has moved from a strategy initially based on building its own fibre network to acquiring other networks instead. The latest deal is Netomnia, currently under review by regulators, and more consolidation is likely. VMO2 is strengthening its market position, although this is diluted somewhat by the sale of