Sign up Thank you for subscribing We have more newsletters Show me See our privacy noticeVirgin Media and O2 have been given the green light for their £31billion merger to go ahead by the competitions watchdog. The deal sees two of the UK's biggest telecoms giant join forces, affecting around 40million UK households. It will also see all 14,000 Virgin Media employees and 6,700 O2 staff in the UK work under the same company. The Competitions and Marketing Authority (CMA) provisionally approved the merger last month but has now officially signed off the deal. Martin Coleman, CMA panel inquiry chair, said: “O2 and Virgin are important suppliers of services to other companies who serve millions of consumers.

Source: Daily Mirror May 20, 2021 06:39 UTC