Virgin Media O2 is a 50%/50% joint venture between Liberty Global and Telefónica. Specifically, the company is upgrading its entire hybrid fiber-coaxial (HFC) network to fiber-to-the-premises (FTTP) by year-end 2028.
Presently, Virgin Media O2 has 1.2 million passings with FTTP, equivalent to 7.7% of its 15.5 million total homes passed. Therefore, the company will upgrade the remaining 14.3 million of its passings with FTTP infrastructure.
