Who Owns Virgin Media O2

Virgin Media O2 is owned equally by Telefónica S.A. and Liberty Global as a 50:50 joint venture. The company was formed in June 2021 through the merger of their respective UK businesses—Virgin Media and O2 UK. Both companies maintain equal ownership, and Virgin Media O2 operates as an autonomous, independently managed entity[6][7].

Although there have been recent reports suggesting Telefónica may consider buying out Liberty Global’s stake, as of now the joint venture remains equally split, with no formal changes announced to the ownership structure. Discussions about a buyout are currently only at a preliminary stage[2].

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