Virgin Media
Virgin Media is a telecommunications company from England, founded in 2007, which provides telephone, television and internet services in the United Kingdom. Its headquarters are at Green Park in Reading, England. It is owned by Virgin Media O2, a 50:50 joint venture between Liberty Global and Telefónica.
| Company type | Subsidiary |
|---|---|
| Industry | |
| Predecessors | |
| Founded | 8 February 2007 |
| Headquarters | Reading, England |
Area served | United Kingdom |
Key people |
|
| Products | |
| Revenue | £4.100 billion (2012) |
| £0.699 billion (2012) | |
| £2.852 billion (2012) | |
| Total assets | £10.504 billion (2012) |
| Owner | Virgin Media O2 |
Number of employees | 14,004 (2012) |
| Subsidiaries | |
| Website | www |
Virgin Media owns and operates its own Hybrid fibre-coaxial (HFC) and Fibre to the Premises (FTTP) networks in the United Kingdom. Although most of the network is urban focused, the new joint venture, Nexfibre (a 50:50 joint venture between Virgin Media O2 and Infravia Capital Partners) is expanding the network to more areas which never had access to the Virgin Media network before. As of Q2 2023, it had a total of approximately 5.8 million customers. Since the acquisition of Smallworld Cable in 2014, Virgin Media is the main cable provider in the UK, with the exception of WightFibre on the Isle of Wight, and covers 51% of UK households. Virgin Media competes primarily in broadband with Sky, BT (EE) and TalkTalk.