Tie-up between parent groups Liberty Global and Telefonica aim to take on BT and Sky
The owners of Virgin Media and O2 have confirmed a £31bn merger to create a new “national champion” to challenge BT and Sky in the UK.
Liberty Global, which owns the UK’s largest cable company Virgin, and Telefonica, which owns Britain’s biggest mobile operator O2, are to be merged in a new 50-50 joint venture.
Continue reading...from Mergers and acquisitions | The Guardian https://ift.tt/2zYIoAb
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