Point Topic has provided an update on fixed broadband availability in the UK, tracking the progress between the end of June 2024 and the end of September 2024. The analysis is based on the ThinkPoint broadband availability dataset which includes 1.7 million postcodes. At the end of Q3 2024, the overall FTTP coverage was 23.2 […]
Virgin Media O2 has agreed a deal that will see around 350 employees currently based at the company’s Bellshill office move to a new contemporary space at Maxim Park early in 2025, extending the company’s presence in Lanarkshire beyond 25 years. With the lease at its current site in Bellshill due to expire shortly, Virgin […]
Rakuten TV, the European streaming platform, is now available on Virgin TV in the UK, offering viewers an array of content with over 8,000 titles on demand, including new releases to rent and buy, 150+ FAST channels and 1,000+ titles. Access to the Rakuten TV app is direct, with no subscription necessary, Virgin TV customers […]
Liberty Global has announced its Q2 2024 financial results. CEO Mike Fries stated, “Q2 has been another active quarter as we’ve continued to drive our strategic priorities; maximising the value of our FMCs, leveraging our Ventures portfolio, and taking steps to deliver that value directly to shareholders over time. ” “Our plan to spin-off Sunrise […]
Channel 4 has announced the appointment of Ruth Brougham as Streaming Business Director. In this newly created role, Brougham will join Channel 4’s Executive Team and will report to Chief Operating Officer Jonathan Allan. Brougham, who will be based in Leeds, will help to set and lead Channel 4’s streaming operations, product team and roadmap, […]
Space tourism business Virgin Galactic announced a reverse stock split where existing shareholders received one new share for every 20 that they owned. The move, an attempt to stay within the rules of the New York Stock Exchange (NYSE), did no favours for the company and prompted at 14 per cent fall in value in […]
Virgin Media O2 reports it reduced carbon emissions (Scopes 1 and 2) by 23 per cent in 2023 – the equivalent of emissions caused by the annual combined energy usage of 14,883 UK homes. Since launching its sustainability strategy, the Better Connections Plan, in 2022, the company has reduced such emissions by 45 per cent […]
Virgin Media O2 has reported Q1 revenue of £2.6 billion (-0.5 per cent YoY) – primarily driven by handset revenue decline offsetting mobile service revenue increase and stable fixed line consumer revenue Further highlights include: • Improved service revenue performance across mobile and consumer fixed ahead of price rise implementation, low-margin handset and B2B fixed […]
Virgin Media O2 reports it has has removed 65 tonnes of single-use plastic from its operations and products since 2021 – the equivalent weight of five double decker buses. The company says it is striving to cut waste and single-use plastic from packaging and equipment sent to customers and its engineers to build and maintain […]
Virgin Galactic, already involved in a legal spat with Boeing over an alleged misappropriation and withholding of certain proprietary IP and trade secrets, has scheduled its June 12th Annual meeting to include a proposal to create a reverse stock split for the company. The intention is for Virgin Galactic to adjust the company’s shares in […]