The Spring Budget has failed to recognise the importance of connectivity infrastructure in supporting growth for the UK's digital economy, says Evolve CEO Alan Stephenson-Brown, who seeks more clarity as networks continue to be rolled out.
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.
