LONDON, July 29 (Reuters) - British cable and mobile
provider Virgin Media O2 said it would upgrade its entire
network serving 15.5 million premises to full fibre, with
completion in 2028, stepping up its challenge to BT in
rolling out ultrafast connections.
Virgin Media 02, a joint venture that brought together
Liberty Global's cable network and Telefonica's
O2 mobile network earlier this year, said there was a
potential opportunity to enter the fixed wholesale market.
"Right now, we have the UK's leading gigabit network, and
this upgrade means we'll be even stronger for the decades ahead,
pursuing new opportunities and putting words into action," CEO
Lutz Schüler said on Thursday.
(Reporting by Paul Sandle; editing by Sarah Young)
BT (BT.A)
