Telefónica in the context of "Virgin Media"


Telefónica in the context of "Virgin Media"

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⭐ Core Definition: Telefónica

Telefónica, S.A. (Spanish pronunciation: [teleˈfonika]) is a Spanish multinational telecommunications company. It has headquarters as well as a registered office in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadband, and subscription television, operating in Europe and the Americas.

Along with its Telefónica brand, it also trades as Movistar, O2, and Vivo. The company is a component of the Euro Stoxx 50 stock market index. On 15 April 2012, Telefónica shut down TVA and Ajacto, which unified the brand into Vivo.

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👉 Telefónica in the context of Virgin Media

Virgin Media Limited is a British telecommunications company which provides telephone, television and internet services in the United Kingdom. Its headquarters are at Green Park in Reading. It is owned by Virgin Media O2, a 50:50 joint venture between Liberty Global and Telefónica. Since its foundation in 2007, the company has used the Virgin branding under license from Richard Branson.

Virgin Media owns and operates its own hybrid fibre-coaxial and fibre to the premises (FTTP) networks. Although most of the network is urban, Nexfibre (a 50:50 joint venture between Virgin Media O2 and Infravia Capital Partners) is expanding the network to more areas. As of year end 2024, it had a total of approximately 5.8 million customers. Since the acquisition of Smallworld Cable in 2014, Virgin Media is the main cable provider in the UK, with connections available to over 18.4 million homes in 2024. Virgin Media is one of the "big four" internet service providers in the UK along with BT (EE), Sky and TalkTalk. In the past, Virgin Media also operated a mobile virtual network operator (Virgin Mobile) and operated TV channels and produced television content (Virgin Media Television).

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