It is official! Virgin Media and the UK cellular network O2 are now one company and it seems that this joint venture could do very well for customers. The new company, simply called Virgin Media O2, promises to make serious investments in its combined infrastructure, and it seems that broadband customers may be the first to see the changes. Until now, Virgin has only offered its incredibly fast 1 Gbps speeds to a limited number of users, but that’s all about change.
According to an update to celebrate the merger of the two companies, Virgin says it will soon be delivering these ultra-fast speeds to more people.
“Virgin Media O2 is already the largest gigabit broadband operator in the country and will deliver these speeds across our network by the end of the year,” the company said in a post on its website.
If you didn’t know, with a gigabit connection, users can whiz a Full HD movie on their TV in less than 40 seconds and are around 17 times faster than the UK average.
It is unclear how many customers will be offered speeds of 1 Gbps in 2021, although Virgin Media O2 has said in the past that it would ensure that at least 16 million households would get this service within a year of the deal between the companies Tobe offered .
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Virgin Media O2 also says it will merge next-generation gigabit broadband and 5G services while expanding its network reach across the country.
The new company is committed to investing at least £ 10 billion in the UK over the next 5 years.
Lutz Schüler, CEO of Virgin Media O2, has formulated the vision of upgrading the UK by investing in fiber and 5G infrastructure, innovation and a seamless mix of the best products and services on the market.
While the existing services are not changing today, plans are well on the way to delivering seamless broadband, entertainment and mobile services in one place under one roof later this year.
Lutz Schüler, CEO of Virgin Media O2, added on the occasion of the establishment of the new company: “With the fastest broadband and most reliable mobile network in the UK today, Virgin Media O2 is the complete package.
“We are ready to shake up the market and be the competitor the country needs at a time when choice has never been so important. By investing and innovating in cutting edge infrastructure and future technology, we will connect more people with the things they love, support communities across the country, help businesses grow and boost the UK economy.
“Our ambition is limitless, we are here to enhance the UK – and our mission begins today.”