On June 9, 2025, it was reported that the owners of CityFibre held talks with Virgin Media O2 (VMO2) concerning a potential rescue deal. This development comes as CityFibre, a challenger broadband company, seeks to address a cash crunch.
Virgin Media O2, a joint venture of Liberty Global, could potentially acquire CityFibre's assets or enter into a strategic partnership. This would expand VMO2's network infrastructure and market reach in the UK.
Such a deal would contribute to the ongoing consolidation in the UK's fiber broadband market. For Liberty Global, this represents a potential opportunity for its joint venture to strengthen its competitive position and enhance its long-term value.
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