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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, 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. Virgin Media owns and operates its own Hybrid fibre-coaxial (HFC) and Fibre to the Premises (FTTP) networks in the United Kingdom. Although most of the network is urban focused, the new joint venture, Nexfibre (a 50:50 joint venture between Virgin Media O2 and Infravia Capital Partners) is expanding the network to more areas which never had access to the Virgin Media network before. As of Q2 2023, 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 the exception ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Telecommunications
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of transmission may be divided into communication channels for multiplexing, allowing for a single medium to transmit several concurrent Session (computer science), communication sessions. Long-distance technologies invented during the 20th and 21st centuries generally use electric power, and include the electrical telegraph, telegraph, telephone, television, and radio. Early telecommunication networks used metal wires as the medium for transmitting signals. These networks were used for telegraphy and telephony for many decades. In the first decade of the 20th century, a revolution in wireless communication began with breakthroughs including those made in radio communications by Guglielmo Marconi, who won the 1909 Nobel Prize in Physics. Othe ...
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Isle Of Wight
The Isle of Wight (Help:IPA/English, /waɪt/ Help:Pronunciation respelling key, ''WYTE'') is an island off the south coast of England which, together with its surrounding uninhabited islets and Skerry, skerries, is also a ceremonial county. The county is bordered by Hampshire across the Solent strait to the north, and is otherwise surrounded by the English Channel. Its largest settlement is Ryde, and the administrative centre is Newport, Isle of Wight, Newport. Wight has a land area of and had a population of 140,794 in 2022, making it the List of islands of England#Largest islands, largest and List of islands of England#Most populous islands, second-most populous English island. The island is largely rural, with the largest settlements primarily on the coast. These include Ryde in the north-east, Shanklin and Sandown in the south-east, and the large villages of Totland and Freshwater, Isle of Wight, Freshwater in the west. Newport is located inland at the point at which the ...
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WightFibre
WightFibre is a full-fibre network operator on the Isle of Wight. WightFibre provides telephone and broadband internet services exclusively to homes and businesses on the Isle of Wight. Historically WightFibre has operated a hybrid fibre-coaxial network (HFC) service around 25% of the Island. It was the last remaining cable company in the UK which is not part of Virgin Media, which since March 2006, has operated more than 95% of cable services in the UK. In November 2017 WightFibre secured £35M of funding from Infracapital Partners (ICP, part of M&G Investments) matched funded by private investors and the UK Governments Digital Infrastructure Fund. This funding is allowing WightFibre to upgrade its HFC network to a full-fibre (Fibre to the Premise(FTTP)) network and to extend coverage to over 50,000 homes on the island. In summer 2020 the compansecured additional funding from ICP and NatWest to take total funding to over £90Mto take total planned coverage to 78,000 premises. ...
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Smallworld Cable
Smallworld Fibre (previously Smallworld Cable, Wightcable North and OMNE) was a British telecommunications company based in Irvine, North Ayrshire. Their coverage area used to be Irvine, Dreghorn, Troon, and Kilmarnock in the west of Scotland, and Carlisle, Lancaster and Morecambe in the northwest of England, where they served over 40,000 homes. Smallworld provided broadband, telephone, and digital television services to residential customers from 2001 to 2014, when the company was acquired by Virgin Media. History The company was founded in the summer of 2001 as Omne Communications by former employees of BT and NTL. Their television service launched in December after being granted a local delivery service licence by the ITC. In May 2002, Omne Communications entered administration. On 1 February 2003, it was announced that CLS Holdings, owners of WightCable, had acquired a 76% stake in the company for £4.1 million, saving it from closure. The company was rebranded la ...
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Infravia Capital Partners
Infravia Capital Partners is a French private equity fund based in Paris. The investment company acquires stakes infrastructure and technology growth companies. The focus is on companies that have high development momentum, InfraVia then works with management to support them towards growth. Major investments It acquired a large stake in data centre firm ''Next Generation Data'', based in Newport, Wales for about £100 million in 2016, and two Swiss data center businesses, Green.ch and Green Datacenter, from Altice in 2017. It bought the Mater Private Hospital for about €500 million in 2018. It is a majority shareholder in Cignal, a telecommunications infrastructure provider in Ireland Ireland (, ; ; Ulster Scots dialect, Ulster-Scots: ) is an island in the North Atlantic Ocean, in Northwestern Europe. Geopolitically, the island is divided between the Republic of Ireland (officially Names of the Irish state, named Irelan .... It also has interests in the Irish n ...
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Nexfibre
Nexfibre Networks Limited, trading as Nexfibre (stylised as nexfibre), is a British telecommunications network provider that operates a gigabit-capable FTTP broadband network across the United Kingdom. It is a joint venture between Infravia Capital Partners and Opal Jvco Limited (the second joint venture between Liberty Global and Telefónica, the first being Virgin Media O2). Nexfibre plans to offer open access wholesale provision of its network in the near-future, with Virgin Media currently the only provider to connect customers using the network. History Company formation The company was incorporated as Liberty Fibre Limited with Companies House in the United Kingdom on 27 August 2019, being a wholly-owned subsidiary of Liberty Global. The company was later renamed to Liberty Networks Limited on 22 October 2019. On 21 December 2020, the control of the company was transferred to Virgin Media O2, a joint venture between Liberty Global and Telefónica that brought two ...
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Fiber To The X
Fiber to the ''x'' (FTTX; also spelled "fibre") or fiber in the loop is a generic term for any broadband network architecture using optical fiber to provide all or part of the local loop used for last mile telecommunications. As fiber optic cables are able to carry much more data than copper cables, especially over long distances, copper telephone networks built in the 20th century are being replaced by fiber. The carrier equipment for FTTx is often housed in a "fiber hut", point of presence or central office. FTTX is a generalization for several configurations of fiber deployment, arranged into two groups: FTTP/FTTH/FTTB (fiber laid all the way to the premises/home/building) and FTTC/N (fiber laid to the cabinet/node, with copper wires completing the connection). Residential areas already served by balanced pair distribution plant call for a trade-off between cost and capacity. The closer the fiber head, the higher the cost of construction and the higher the channel capa ...
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Hybrid Fiber-coaxial
Hybrid fiber-coaxial (HFC) is a broadband telecommunications network that combines optical fiber and coaxial cable. It has been commonly employed globally by cable television operators since the early 1990s. In a hybrid fiber-coaxial cable system, television channels are sent from the cable system's distribution facility, the headend, to local communities through optical fiber subscriber lines. At the local community, an optical node translates the signal from a light beam to radio frequency (RF), and sends it over coaxial cable lines for distribution to subscriber residences. The fiber optic trunk lines provide enough bandwidth to allow additional bandwidth-intensive services such as cable internet access through DOCSIS. Bandwidth is shared among users of an HFC. Encryption is used to prevent eavesdropping. Customers are grouped into service groups, which are groups of customers that share bandwidth among each other since they use the same RF channels to communicate with t ...
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Richard Branson
Sir Richard Charles Nicholas Branson (born 18 July 1950) is an English business magnate who co-founded the Virgin Group in 1970, and controlled 5 companies remaining of once more than 400. Branson expressed his desire to become an entrepreneur at a young age. His first business venture, at the age of 16, was a magazine called ''Student''. In 1970, he set up a mail-order record business. He opened a chain of record stores, Virgin Records—later known as Virgin Megastores—in 1972. His Virgin brand grew rapidly during the 1980s, as he started the Virgin Atlantic airline and expanded the Virgin Records music label. In 1997, he founded the Virgin Rail Group to bid for Passenger rail franchising in Great Britain, passenger rail franchises during the privatisation of British Rail. The Virgin Trains brand operated the InterCity West Coast franchise from 1997 to 2019, the Virgin CrossCountry, InterCity CrossCountry franchise from 1997 to 2007, and the Virgin Trains East Coast, InterC ...
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Virgin Group
Virgin Group Ltd is a British multinational venture capital conglomerate founded by Richard Branson and Nik Powell in February 1970. Virgin Group's date of incorporation is listed as 1989 by Companies House, who class it as a holding company; however, Virgin's business and trading activities date back to the 1970s. The net worth of Virgin Group was estimated at £3 billion as of early 2023. History The name "Virgin" arose in 1970 when Richard Branson and Nik Powell formed a record shop, first as mail order and in 1971 with a physical store. They considered themselves virgins in business. Branson has described the "V" in the logo as an expressive tick, representing the Virgin seal of approval. The original logo from 1973 was a completely different design intended to be used for the record company that was founded by Richard Branson and Nik Powell. The logo was designed by British science-fiction artist and designer Roger Dean. According to Richard Branson in interv ...
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Telefónica
, S.A. () is a Spanish multinational telecommunications company with registered office and headquarters located in two different places, both 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. As well as the 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. History The company was created in Madrid in 1924 as Compañía Telefónica Nacional de España (CTNE) with ITT as one of its major shareholders. In 1945, the state acquired by law a share of 79.6% of the company. This stake was diluted by a capital increase in 1967. Until the liberalization of the telecom market in 1997, Telefónica was the only telephone operator in Spain. It still h ...
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