Virgin Media O2 defends arena deal as £200m price tag disputed Media Virgin Media O2 has pushed back at claims it is paying around £200m to keep its name on the O2, as the heavily indebted telecoms group commits to another decade of one of Britain’s longest-running sponsorship deals. The company and venue owner AEG have not disclosed the value of the agreement, which will keep the [...]
LaLiga boosts Premier League fight with record media rights deals Sport Business Spain’s LaLiga has cemented its position as the closest challenger to the Premier League after announcing record domestic media rights deals worth more than £5bn. The figure for the 2027-32 cycle represents a nine per cent increase on the current contracts and, when combined with international broadcast deals, gives the rights a total value of [...]
Vodafone picks Microsoft exec for £2m finance chief role telecoms Microsoft exec Pilar López is to join Vodafone as its new chief financial officer, the telco giant said on Thursday. López replaces Luka Mucic, the company’s shortest-serving CFO, who is leaving in November for a position as chief executive of the real estate developer Vonovia. She held several positions at Microsoft including as its Western [...]
Telco battle hots up as Virgin Media O2 launches challenger to BT Openreach with new broadband unit February 16, 2024 Virgin Media O2 has announced plans to establish a new national fixed network company alongside two of its major shareholders.