Financial Results

Virgin Media O2’s fixed network rollout passed 500,000 in 2023, with 250,800 additional homes serviceable in Q3.

Openreach delivered a record of 860k premises passed with fibre this quarter, accelerating its build rate to 66k.

Virgin Media O2 has confirmed plans to cut 2,000 jobs by the end of the year, representing 12% of its workforce. This coincides with the company’s Q2 results to June 2023, which places a heavy focus on nexfibre’s fixed network deployment.