O2 and Virgin Media confirm historic £31 billion merger

The rumours proved to be true: O2 and Virgin Media have confirmed their intention to merge in a £31 billion deal.

Telefonica and Liberty Global, owners of O2 and Virgin Media respectively, have put out a joint statement today confirming the 50-50 joint venture which “brings together Virgin Media, the UK’s fastest broadband network, and O2, the country’s largest mobile platform.”

Jose Maria Alvarez-Pallete, CEO of Telefonica, said: “Combining O2’s number one...

O2 and Virgin Media consider merging to fight BT and Sky

Two of the UK's biggest names in telecoms are considering a merger to combat the industry behemoths of BT and Sky.

O2 and Virgin Media are reportedly in talks to combine each company's strengths across TV, broadband, and mobile.

Liberty Global, which owns Virgin Media, is said to be in talks with Spanish O2-owner Telefonica. Virgin Media brings a vast TV and broadband presence to the table, while O2 has a much larger base of mobile subscribers. 

Virgin...

Elon Musk: SpaceX’s internet service will go live in around six months

SpaceX founder Elon Musk says he expects the company's satellites to be delivering internet connectivity in around six months.

A private beta of the service is expected in around three months. The public beta, in around six months, will start with high latitude satellites.

SpaceX first launched its operational high latitude satellites in May 2019. The high latitude means connectivity may be intermittent and speeds will be relatively slow.

Last year, the company...