Broadband providers must give customers clearer information about fibre services as new guidance from Ofcom comes into force.
Tue, 3/09/2024 - 16:50
Virgin Media O2 is seeking £1bn in investment to realise its full fibre ambitions according to reports in Bloomberg.
Citing sources who wish not to be named Bloomberg repeats that Virgin Media O2 is offering 20-40% of its network building company which is investing £5bn.
It is unclear from the reports whether it is NexFibre or NetCo seeking investment. The later is set to become the wholesale arm running the network with Virgin Media O2 working as a retail customer.
