Category: virgin media

British AI startup Faculty raises $42.5M growth round led by Apax Digital Fund

British artificial intelligence (AI) company, Faculty has raised £30 million ($42.5M) in growth funding from the Apax Digital Fund (ADF). The startup has now raised a total of £40m ($56.6M) to date. In April this year, the company announced it had won a contract to work with the UK’s NHS…

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Liberty’s Virgin Media and Telefonica’s O2 to merge in the UK in $39B deal

The regulators said “NO” when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. But Telefonica didn’t let go of the idea of divestment, and five years later, in the middle of a health pandemic with related threats of a global…

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Virgin Media and O2 announce £31 billion UK merger

The rumors were true: UK broadband provider Virgin Media and telecoms operator O2 are to merge, their parent companies confirmed today. In a statement, Liberty Global and Telefonica said that the deal — which values the 50-50 venture at just over £31… Source

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Virgin and O2 might merge to create a UK telecom giant

Two of the bigger telecoms in the UK are reportedly close to uniting. The Guardian sources say the owners of Virgin Media and O2, Liberty Global and Telefonica, are in talks for a UK joint venture that would unite their mobile, internet and TV effort… Source

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