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Virgin Galactic boss steps down

Chamath Palihapitiya, chairman and a member of Virgin Galactic’s board, Is stepping down. He says he wants “to focus on other public company board commitments.” His departure is immediate, says a company statement. As part of the announcement, the Board appointed director Evan Lovell as Interim Chairman until a new chair is in place. Lovell […]

February 21, 2022By Chris Forrester

Liberty Global “in great shape”

Liberty Global has announced its Q4 2021 financial results, saying it achieved all 2021 guidance targets including increased Adjusted Free Cash Flow. CEO, Mike Fries, stated: “Our fourth quarter and full year results demonstrated continued commercial momentum across our FMC champions. Operationally, we delivered 306,000 aggregate broadband and postpaid mobile subscribers during Q4 and over […]

February 18, 2022

Virgin Media offers free TV channels for Feb

Virgin Media will give all TV customers access to a range of documentary, entertainment and music channels throughout February at no extra cost. Customers can watch channels including Comedy Central, Crime & Investigation, MTV, Sky History and more. A range of top Asian channels will also be made available from the Asian Mela pack. All […]

February 1, 2022

Virgin Galactic to offer $425m of new debt

Sir Richard Branson’s Virgin Galactic Holdings is looking to sell $425 million (and up to $500 million if the response is good) of convertible bonds in a private offering. Virgin Galactic will use the cash to fund working capital and general administrative purposes. The company has next-to-zero income (last year it declared just $3.2 million […]

February 1, 2022By Chris Forrester

VMO2 eyes fibre JV

UK multiplay telco Virgin Media O2 (VMO2) is planning to launch a fibre network construction joint venture led by owners Liberty Global and Telefónica, according to reports. Such an operation would seek to rival BT’s Openreach digital infrastructure arm. The new company is seeking a substantial sum from third-party investors, with one source suggesting the […]

January 31, 2022By Colin Mann

Virgin Orbit schedules launch from Cornwall

An Omani scientific satellite will be carried and launched from Virgin Orbit’s LauncherOne rocket when it makes its first launch from Cornwall in the UK later this year. The Omani payload, developed by Earth observation specialist Poland-based SatRevolution, will be put into low Earth orbit to collect climate data. The mission is the follow-on to […]

January 28, 2022By Chris Forrester

MPs doubt UK Gb rollout

A report from the cross-party Public Accounts Committee of the UK’s House of Commons says it is not convinced the Department for Digital, Culture, Media and Sport (DCMS) will meet even its downgraded targets for the increasingly critical rollout of super-fast, gigabit broadband, and is relying too heavily on commercial contractors for the progress that […]

January 19, 2022By Colin Mann

Spain: DAZN on Euskaltel

DAZN, the sports streaming service, has reached an agreement with Euskaltel – part of the MasMovil group – to be part of the Euskaltel and Virgin Telco TV offers in Spain. Euskaltel and Virgin Telco subscribers are now able to watch DAZN through multiple devices – including Euskaltel’s 4K deco – with access to live […]

January 14, 2022

Starz promotes Cooke, Nielson

Superna Kalle, President of International Networks for Starz, has announced the promotions of Darren Nielson to Executive Vice President of Distribution and Business Development and Jeff Cooke to Senior Vice President of Programming for International Networks.“These are two well-deserved promotions that recognize Darren and Jeff’s invaluable and integral contributions to the success of Starzplay since […]

January 12, 2022

BBC Three returns on Feb 1

The BBC has announced that BBC Three will return as a broadcast channel on February 1st. Broadcasting from 7pm every night, the channel will be available to watch on Freeview, Sky, Virgin and Freesat. It can also be watched live on the BBC Three channel page on iPlayer (TV, Mobile and Web) with live restart […]

January 11, 2022