Virgin Media O2, also known as VMO2, is a privately owned company headquartered in the UK, jointly owned by Liberty Global and O2 (Telefonica UK). Founded in 2007, the company employs approximately 16,700 individuals and reported $13.3 billion in revenue as of 2025. Functioning as a British telecommunications provider, it was formed in June 2021 as a 50:50 joint venture, integrating the UK's gigabit broadband network with its mobile operations. The company provides multi-gigabit fiber broadband, 5G mobile connectivity, and digital entertainment platforms to approximately 47 million retail and business connections. It operates with a focus on customer experience, leveraging "Volt" bundles for fixed and mobile service integration and utilizing its O2-branded assets for consumer rewards and entertainment access. Its infrastructure strategy includes a multi-billion pound transition to full-fiber (FTTP) technology and a commitment to achieving net-zero carbon operations by 2040.

Revenue

Founded

2007

Headcount

7,718

Headquarters

United Kingdom

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

On July 9, 2026, Britain's communications regulator Ofcom fined Virgin Media £28 million ($37 million) for deliberately stopping or delaying customers from cancelling contracts and switching providers. Ofcom's multi-year investigation, which spanned from January 2022 to September 2024, concluded that millions of customer interactions were likely mishandled between 2022 and 2024. The regulator identified a systemic failure in Virgin Media's customer service operations, citing practices such as unnecessary transfers, excessive waiting times, and other methods designed to delay or discourage customers from leaving. These findings revealed the firm's widespread and often deliberate mishandling of calls to prevent customers from switching to competitors.

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Virgin Media O2 offers 9 products in the connectivity and cloud and media and telecoms services industries. Virgin Media O2's product portfolio comprises of broadcast television and radio, consumer electronics, media and TV services, telecoms and enterprise connectivity services.
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Virgin Media O2's revenues were over $1B in 2025. Caretta Research has split Virgin Media O2's revenue into 10 different product categories, the largest of which is mobile services. For full access to Virgin Media O2's revenue breakdown subscribe to Caretta Portal.
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Examples of Virgin Media O2's suppliers include Salesforce, Tata Consultancy Services and Samsung Device eXperience.

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Virgin Media O2 currently holds 16 broadcasting rights for sports competitions including greyhound racing, cycling, horse racing, combat sports, soccer | association football, motorsports and american football.

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