Virgin Media and O2's merger given green light - what it means for customers

VIRGIN Media and O2's £31billion merger has been given the green light to go ahead by the Competition and Markets Authority .Virgin Media and O2's £31billion merger has been given the green light to be completedThe deal brings together O2's 36.6million customers on its mobile networks with Virgin's 5.7million cable users and 3.4million mobile subcribers.

The CMA was initially concerned that, following the merger, Virgin and O2 could raise prices or reduce the quality of their wholesale services.The deal brings together O2's 34million customers on its mobile network with Virgin's 5.3million broadband, pay-TV and mobile usersThis, in turn, could force competitors to offer lower quality mobile services or increase their prices, which would hit consumers.

Bosses behind the merger also said it would speed up the rollout of 5G networks and high speed broadband to Brits across the country.

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Source: MetroUK - 🏆 13. / 82 Read more »