The UK’s Competition & Markets Authority (CMA) today announced its final approval of the 50:50 joint venture between Liberty Global and Telefonica to combine Virgin Media and O2.

The CMA cleared the transaction without remedies and now all regulatory conditions are met in alignment with the original terms and the transaction is now expected to close by June 1, 2021.

Virgin Media and O2 will be one of the biggest businesses in the UK, with 46 million+ broadband, mobile, phone and home subscribers and 18,700 employees. It’s good news for customers, communities and businesses all over the country.  

Firstly, and most importantly, we would like to provide our Uplands O2 customers that for now, nothing will change for you. The O2 network service, billing and contractual agreements will remain exactly as they are. Please also be assured that as changes do come into sight, your dedicated account manager will be on hand to guide you through the process, answering any questions you may have and ensuring you benefit from the award-winning Uplands service you are used to. 

Speaking at the launch of the new company, Lutz Schüler, CEO of Virgin Media O2, said:

“With the fastest broadband and most reliable mobile network in the UK today, Virgin Media O2 is the complete package.

“We are ready to shake up the market and be the competitor the country needs at a time when choice has never been more important. Through investment and innovation in cutting-edge infrastructure and future technology, we will connect more people to the things they love, support communities across the country, help businesses to grow, and power the UK economy.

“With no limit to our ambition, we’re here to upgrade the UK – and our mission starts today.”

Uplands have been a part of the O2 story for over 35 years, and with the emergence of 5G and so many other fantastic communications opportunities, we see this as an exciting new chapter for Uplands and vitally enabling us to offer greater propositions and value for our customers.

O2 has established itself as the UK’s number one network by scale and customer satisfaction, and this joint venture will look to position itself as the national connectivity champion for consumers and business in the UK.

The combination will create a stronger fixed and mobile competitor in the U.K. market, supporting the expansion of Virgin Media’s giga-ready network and O2’s 5G mobile deployment for the benefit of consumers, businesses and the public sector.

You can check out the full press release here

If you have any further questions, please feel free to reach out to your dedicated account manager directly or by calling Uplands on 0800240000.

To find out more call us on 0800 24 00 00

Uplands Mobiles Ltd are an Exclusive O2 Direct Partner and also a Customer Experience Partner of the Year, awarded by Telefonica for demonstrating an ongoing commitment in providing exceptional customer service and a trusted approach to our customers.

* Content within this blog post is subject to change, terms and conditions. Uplands Mobiles Ltd accepts no responsibility for the results generated by this guide.

*Source – https://news.virginmediao2.co.uk/virgin-media-o2-launches-with-sights-set-on-upgrading-the-uk/

*Source – https://www.o2.co.uk/business/virgin-media-o2#will-my-o2-network-service-be-disrupted