Virgin Media Limited[2] is a British telecommunications company which provides telephone, television and internet services in the United Kingdom. Its headquarters are at Green Park in Reading, Berkshire, England. 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.[3][4]
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,[5] with connections available to over 18.4 million homes in 2024.[6] Virgin Media is one of the “big four” internet service providers in the UK along with BT (EE), Sky and TalkTalk.[7] 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).
| Type | Subsidiary |
|---|---|
| Industry | TelecommunicationsMass media |
| Predecessors | NTLTelewestVirgin Mobile UK |
| Founded | 8 February 2007; 19 years ago[1] |
| Headquarters | Reading, Berkshire, England, UK[1] |
| Area served | United Kingdom[1] |
| Key people | John C. Malone (chairman)Lutz Schüler (CEO) |
| Products | Digital televisionbroadband internetfixed-line telephone |
| Revenue |  £10.685billion (2024)[1] |
| Operating income |  £0.928 billion (2024)[1] |
| Net income | -£16.5 million (2024)[1] |
| Total assets | £13.166 billion (2024)[1] |
| Number of employees | 15,932 (2024)[1] |
| Parent | Virgin Media O2 |
| Subsidiaries | Virgin Media Business |
| Website | www |
