Matt Smith and Lily James’s relationship is reportedly back on.
Liberty Global's U.K. Cable Giant Virgin Media to Merge With Mobile Firm O2
07.05.2020 - 16:35 / hollywoodreporter.com
John Malone’s Liberty Global has agreed to merge its U.K. cable operator Virgin Media with Telefonica’s British mobile unit O2.
The two companies have agreed to form a50-50 joint venture of their U.K. units in a deal reportedly worth $29.57 billion.
The tie-up, which comes as the U.K. gears up for a national rollout of 5G services, is expected to save the new combined entity $7.64 billion in synergy costs and is expected to close in the middle of 2021.
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