Virgin Media O2, also known as VMO2, a privately owned telecoms provider headquartered in the UK and parented by Liberty Global and O2 (Telefonica UK), was founded in 2007. The company employs approximately 16,700 individuals and reported $13.3 billion in revenue as of 2025. It was formed in June 2021 as a 50:50 joint venture between Liberty Global and Telefónica, integrating the UK's largest gigabit broadband network with one of its most expansive mobile operators. The company functions as a converged services provider, delivering multi-gigabit fiber broadband, 5G mobile connectivity, and digital entertainment platforms to approximately 47 million retail and business connections. It positions itself as a customer-experience brand, leveraging "Volt" bundles to bridge fixed and mobile services while utilizing its O2-branded assets to offer consumer rewards and entertainment access. Its infrastructure strategy is currently defined by a multi-billion pound transition to full-fiber (FTTP) technology and a commitment to achieving net-zero carbon operations by 2040.

2025 Revenue

Founded

2007

Headcount

16,700

Headquarters

UK

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

On May 1, 2026, Virgin Media issued a clarification regarding previous communications concerning a planned takeover of YouFibre and Brsk, following a complaint from YouFibre. Previously, on April 30, Liberty Global, the parent company of Virgin Media O2, announced its Q1 2026 financial results, with CEO Mike Fries noting continued progress on operational and strategic goals. On the same day, developments concerning Virgin Media judgments brought focus to how trustees should respond to UK defined benefit pension schemes, with "Virgin Media" clauses in the Pension Schemes Act 2026 ("PSA26") providing a practical route forward. Additionally, Liberty Global released Virgin Media Ireland's consolidated financial statements for the years ended December 31, 2025, 2024, and 2023. This followed an April 29 announcement where Virgin Media, alongside UK telecoms Vodafone and BT, indicated they might ration mobile data in the UK due to rising energy costs attributed to a war with Iran.

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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 telecoms, media and TV services, enterprise connectivity services, consumer electronics and broadcast television and radio.
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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 Samsung Device eXperience, Amdocs and Tata Consultancy Services.

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

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