Pledges
We are making pledges on investment, skills and the levelling up agenda to create a National Connectivity Champion that benefits even more consumers and businesses.
A National Connectivity Champion
£11bn
46m
£10bn
over 5 years
Combining O2’s number one mobile business with Virgin Media’s superfast broadband network and entertainment services will be a gamechanger in the UK, at a time when demand for connectivity has never been greater or more critical.
We are creating a strong competitor with significant scale and financial strength to invest in UK digital infrastructure and give millions of consumer, business and public sector customers more choice and value. This is a proud and exciting moment for our organisations, as we create a leading integrated communications provider in the UK.
José María Álvarez-Pallete LópezChief Executive and Chairman of Telefónica

We couldn’t be more excited about this combination. Virgin Media has redefined broadband and entertainment in the UK with lightning fast speeds and the most innovative video platform. And O2 is widely recognized as the most reliable and admired mobile operator in the UK, always putting the customer first.
With Virgin Media and O2 together, the future of convergence is here today. We’ve seen the benefit of FMC first-hand in Belgium and the Netherlands. When the power of 5G meets 1 gig broadband, UK consumers and businesses will never look back. We’re committed to this market and are right behind the Government’s digital and connectivity goals.
Mike FriesCEO of Liberty Global

The deal will result in the creation of a national connectivity champion at a time when our country needs it most. The combination of our two brands, O2 and Virgin Media, will bring together 5G technology with gigabit broadband creating exciting new integrated services for citizens of the UK.
By joining forces, we will mutually benefit the customers of both companies, as well as drive better value, quality and investment in one of the most digitally developed countries in the world. The UK economy and its customers deserve the best connectivity and this agreement will deliver just that.
Mark EvansCEO of O2 in the UK

The combination of two of the UK’s most recognizable brands in Virgin Media and O2 is going to create a national connectivity champion that will be a true competitive powerhouse.
Together, with our fast growing gigabit broadband and 5G mobile networks, alongside a top TV service, we’ll keep investing to provide high quality next-generation connections to consumers, businesses and public services across the UK. Customer-first values will remain at the heart of our businesses, ensuring we establish a real converged challenger.
For Virgin Media, this blending of in and out-of-home connectivity is something that we’ve been building momentum on for some time, so today is the beginning of something very special for our people, our customers and the whole country.
Lutz SchülerCEO of Virgin Media

For Investors
Investor information
For further investor information please visit the investor websites of Liberty Global and Telefónica.
8-K form Liberty Global Investor Site Telefónica Investor SiteInvestor Relations Contacts
Liberty Global
Matt Coates mcoates@libertyglobal.com
+44 20 8483 6333
John Rea jrea@libertyglobal.com
+1 303 220 4238
Stefan Halters shalters@libertyglobal.com
+44 20 8483 6211
Telefónica
Pablo Eguirón pablo.eguiron@telefonica.com
+34 91 482 87 00
Isabel Beltrán i.beltran@telefonica.com
+34 91 482 85 76
Adrián Zunzunegui adrian.zunzunegui@telefonica.com
+34 91 482 87 64
For Media
Latest news and media assets
Press release (PDF) Fact sheet (PDF) Liberty Global CEO – Mike Fries Biography (PDF) Liberty Global CEO – Mike Fries image (JPEG) Telefónica CEO - José María Álvarez-Pallete (PDF) Telefónica CEO - José María Álvarez-Pallete image (JPEG)Media Relations Contacts
Liberty Global
Molly Bruce mbruce@libertyglobal.com
+1 303 220 4202
Matt Beake mbeake@libertyglobal.com
+44 20 8483 6428
Virgin Media UK
James Lusher james.lusher@virginmedia.co.uk
Press Office press@virginmedia.co.uk
Telefónica
Alejandro Kowalski alejandro.kowalski@telefonica.com
prensaTelefónica@Telefónica.com
Telefónica UK
Nicola Green nicola.green@telefonica.com
+44 7976957810