Virgin Media O2 and Daisy Group Form New Business Telecom Company

Reported about 5 hours ago

Virgin Media O2 is merging its enterprise unit with Daisy Group to create a new telecom and IT service for businesses. The new entity will be 70% owned by Virgin Media O2 and 30% by Daisy Group, aiming for pro-forma revenues of approximately £1.4 billion and adjusted earnings of around £150 million, based on 2024 performance.

Source: YAHOO

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