{"id":48003,"date":"2026-09-11T07:10:53","date_gmt":"2026-09-11T06:10:53","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=48003"},"modified":"2026-09-11T10:56:42","modified_gmt":"2026-09-11T09:56:42","slug":"shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html","title":{"rendered":"Shareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts"},"content":{"rendered":"

The owners of UK broadband, mobile and TV provider Virgin Media<\/a> (O2<\/a>), Telef\u00f3nica and Liberty Global, are reportedly set to move forward with earlier proposals<\/a> for a significant round of cost-cutting (i.e. a mix of job cuts and reducing capital expenditure) and are reportedly aiming to calm investors by cutting c.\u00a3600m.<\/p>\n

As we reported in July 2026, the situation was partly triggered after the price of Virgin Media<\/a> and O2<\/a>\u2019s c.\u00a31.1bn of senior unsecured debt plummeted (at the time one $925mn bond fell as low as 57 cents on the dollar), which had also coincided with softer earnings<\/a> (i.e. customer losses to rival networks) and the \u00a32bn deal \u2013 supported by InfraVia Capital<\/strong> \u2013 to buy full fibre broadband altnet Netomnia<\/a>, which squeezed free cash flow. The latter deal is currently going through a fast-tracked competition review (here<\/a>).<\/p>\n

NOTE:<\/strong> VMO2 currently claims to have around 16,000 employees in the UK (inc. engineers that also work as the build engine for nexfibre<\/a>).<\/div>\n

In short, investors were growing increasingly concerned about VMO2’s ability to service its \u00a322bn debt mountain, which inevitably ends up increase the risk associated with such debts (i.e. issuing new bonds and refinancing existing debt becomes more expensive and difficult). Reports at the time indicated that even VMO2\u2019s safer senior secured bonds had also \u201cfallen sharply<\/em>\u201d.<\/p>\n

According to a new FT report<\/a> (paywall), Liberty Global and Telef\u00f3nica are allegedly preparing to present a proposal that would require Virgin Media<\/a> and O2<\/a> to find around \u00a3600m in cost cuts across the business, which seems likely to result in a round of job cuts and a reduction in capital expenditure. The latter could be particularly tricky as VMO2 currently needs to invest in order to keep its network and services competitive, as well as to potentially fund further altnet acquisitions.<\/p>\n

The previous report also indicated that VMO2 might need to cut its \u00a3200m dividend, although it’s unclear if that is still on the table. At present a formal proposal has yet to be put to VMO2, although this is expected to follow soon. None of the parties involved agreed to comment, although the CEO of Liberty Global did previously acknowledge the situation:<\/p>\n

Michael Fries, Liberty Global CEO, said in July:<\/strong><\/p>\n

\u201cFinally, just a word on our capital structure in the UK \u2026 The most important message I want you to hear from me is that both Liberty and Telef\u00f3nica are completely aligned on our commitment to this business long term. While we appreciate that leverage today exceeds our original targets and as a result of slower growth in our decision to reinvest more in our networks, I would urge you to remember that we have many tools at our disposal if necessary, both organic and inorganic to drive greater free cash flow, stronger operating performance and lower leverage over time.\u201d<\/p><\/blockquote>\n

We should point out that back in March 2026 the CEO of Liberty Global, Mike Fries, also suggested<\/a> that if the merger with Netomnia<\/a> ended up being blocked by the Competition and Markets Authority<\/strong><\/a> (CMA) then they could stop rolling out new full fibre broadband networks.<\/p>\n","protected":false},"excerpt":{"rendered":"

The owners of UK broadband, mobile and TV provider Virgin Media (O2), Telef\u00f3nica and Liberty Global, are reportedly set to move forward with earlier proposals for a significant round of cost-cutting (i.e. a mix of job cuts and reducing capital expenditure) and are reportedly aiming to calm investors by cutting c.\u00a3600m.<\/p>\n","protected":false},"author":1,"featured_media":31718,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[472,56,2353,32,475],"class_list":["post-48003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-business","tag-fttp","tag-netomnia","tag-o2","tag-virgin-media"],"share_on_mastodon":{"url":"https:\/\/mastodon.social\/@ispreview\/117250926602946234","error":""},"yoast_head":"\nShareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts - ISPreview UK<\/title>\n<meta name=\"description\" content=\"The owners of UK broadband, mobile and TV provider Virgin Media (O2), Telef\u00f3nica and Liberty Global, are reportedly set to move forward with earlier\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts - ISPreview UK\" \/>\n<meta property=\"og:description\" content=\"The owners of UK broadband, mobile and TV provider Virgin Media (O2), Telef\u00f3nica and Liberty Global, are reportedly set to move forward with earlier\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html\" \/>\n<meta property=\"og:site_name\" content=\"ISPreview UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ispreview\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/ispreview\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-11T06:10:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-11T09:56:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2022\/07\/nggallery_import\/Virgin-Media-O2-Office-Building-Logo-e1721997519538.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"999\" \/>\n\t<meta property=\"og:image:height\" content=\"999\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Jackson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ispreview\" \/>\n<meta name=\"twitter:site\" content=\"@ispreview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Jackson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html\"},\"author\":{\"name\":\"Mark Jackson\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#\\\/schema\\\/person\\\/de66a8b4e937c21c80e443d1bf9c35d5\"},\"headline\":\"Shareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts\",\"datePublished\":\"2026-09-11T06:10:53+00:00\",\"dateModified\":\"2026-09-11T09:56:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html\"},\"wordCount\":532,\"commentCount\":17,\"publisher\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ispreview.co.uk\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/nggallery_import\\\/Virgin-Media-O2-Office-Building-Logo-e1721997519538.jpg\",\"keywords\":[\"Business\",\"FTTP\",\"Netomnia\",\"O2\",\"Virgin Media\"],\"articleSection\":[\"ISP News\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html\",\"url\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html\",\"name\":\"Shareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts - ISPreview UK\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ispreview.co.uk\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/nggallery_import\\\/Virgin-Media-O2-Office-Building-Logo-e1721997519538.jpg\",\"datePublished\":\"2026-09-11T06:10:53+00:00\",\"dateModified\":\"2026-09-11T09:56:42+00:00\",\"description\":\"The owners of UK broadband, mobile and TV provider Virgin Media (O2), Telef\u00f3nica and Liberty Global, are reportedly set to move forward with earlier\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#primaryimage\",\"url\":\"https:\\\/\\\/www.ispreview.co.uk\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/nggallery_import\\\/Virgin-Media-O2-Office-Building-Logo-e1721997519538.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ispreview.co.uk\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/nggallery_import\\\/Virgin-Media-O2-Office-Building-Logo-e1721997519538.jpg\",\"width\":999,\"height\":999,\"caption\":\"Virgin-Media-O2-Office-Building-Logo\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2026\\\/09\\\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ispreview.co.uk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#website\",\"url\":\"https:\\\/\\\/www.ispreview.co.uk\\\/\",\"name\":\"ISPreview UK\",\"description\":\"Top Broadband ISP and Mobile Provider Information Site\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ispreview.co.uk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#organization\",\"name\":\"ISPreview.co.uk\",\"url\":\"https:\\\/\\\/www.ispreview.co.uk\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.ispreview.co.uk\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/ispreview_uk_logo.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ispreview.co.uk\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/ispreview_uk_logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"ISPreview.co.uk\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ispreview\",\"https:\\\/\\\/x.com\\\/ispreview\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/mjack\\\/\",\"https:\\\/\\\/bsky.app\\\/profile\\\/ispreview.bsky.social\",\"https:\\\/\\\/mastodon.social\\\/@ispreview\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#\\\/schema\\\/person\\\/de66a8b4e937c21c80e443d1bf9c35d5\",\"name\":\"Mark Jackson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/nggallery_import\\\/Mark-Jackson-96x96.jpg\",\"url\":\"https:\\\/\\\/www.ispreview.co.uk\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/nggallery_import\\\/Mark-Jackson-96x96.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ispreview.co.uk\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/nggallery_import\\\/Mark-Jackson-96x96.jpg\",\"caption\":\"Mark Jackson\"},\"description\":\"By Mark Jackson Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on X (Twitter), Mastodon, Facebook, BlueSky, Threads.net and Linkedin.\",\"sameAs\":[\"http:\\\/\\\/www.ispreview.co.uk\",\"https:\\\/\\\/www.facebook.com\\\/ispreview\",\"https:\\\/\\\/x.com\\\/ispreview\"],\"url\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/author\\\/markj\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Shareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts - ISPreview UK","description":"The owners of UK broadband, mobile and TV provider Virgin Media (O2), Telef\u00f3nica and Liberty Global, are reportedly set to move forward with earlier","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html","og_locale":"en_GB","og_type":"article","og_title":"Shareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts - ISPreview UK","og_description":"The owners of UK broadband, mobile and TV provider Virgin Media (O2), Telef\u00f3nica and Liberty Global, are reportedly set to move forward with earlier","og_url":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html","og_site_name":"ISPreview UK","article_publisher":"https:\/\/www.facebook.com\/ispreview","article_author":"https:\/\/www.facebook.com\/ispreview","article_published_time":"2026-09-11T06:10:53+00:00","article_modified_time":"2026-09-11T09:56:42+00:00","og_image":[{"width":999,"height":999,"url":"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2022\/07\/nggallery_import\/Virgin-Media-O2-Office-Building-Logo-e1721997519538.jpg","type":"image\/jpeg"}],"author":"Mark Jackson","twitter_card":"summary_large_image","twitter_creator":"@ispreview","twitter_site":"@ispreview","twitter_misc":{"Written by":"Mark Jackson","Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#article","isPartOf":{"@id":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html"},"author":{"name":"Mark Jackson","@id":"https:\/\/www.ispreview.co.uk\/#\/schema\/person\/de66a8b4e937c21c80e443d1bf9c35d5"},"headline":"Shareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts","datePublished":"2026-09-11T06:10:53+00:00","dateModified":"2026-09-11T09:56:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html"},"wordCount":532,"commentCount":17,"publisher":{"@id":"https:\/\/www.ispreview.co.uk\/#organization"},"image":{"@id":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#primaryimage"},"thumbnailUrl":"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2022\/07\/nggallery_import\/Virgin-Media-O2-Office-Building-Logo-e1721997519538.jpg","keywords":["Business","FTTP","Netomnia","O2","Virgin Media"],"articleSection":["ISP News"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html","url":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html","name":"Shareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts - ISPreview UK","isPartOf":{"@id":"https:\/\/www.ispreview.co.uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#primaryimage"},"image":{"@id":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#primaryimage"},"thumbnailUrl":"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2022\/07\/nggallery_import\/Virgin-Media-O2-Office-Building-Logo-e1721997519538.jpg","datePublished":"2026-09-11T06:10:53+00:00","dateModified":"2026-09-11T09:56:42+00:00","description":"The owners of UK broadband, mobile and TV provider Virgin Media (O2), Telef\u00f3nica and Liberty Global, are reportedly set to move forward with earlier","breadcrumb":{"@id":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#primaryimage","url":"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2022\/07\/nggallery_import\/Virgin-Media-O2-Office-Building-Logo-e1721997519538.jpg","contentUrl":"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2022\/07\/nggallery_import\/Virgin-Media-O2-Office-Building-Logo-e1721997519538.jpg","width":999,"height":999,"caption":"Virgin-Media-O2-Office-Building-Logo"},{"@type":"BreadcrumbList","@id":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/09\/shareholders-of-virgin-media-o2-uk-reportedly-target-600m-in-cost-cuts.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ispreview.co.uk\/"},{"@type":"ListItem","position":2,"name":"Shareholders of Virgin Media O2 UK reportedly target \u00a3600m in cost cuts"}]},{"@type":"WebSite","@id":"https:\/\/www.ispreview.co.uk\/#website","url":"https:\/\/www.ispreview.co.uk\/","name":"ISPreview UK","description":"Top Broadband ISP and Mobile Provider Information Site","publisher":{"@id":"https:\/\/www.ispreview.co.uk\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ispreview.co.uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.ispreview.co.uk\/#organization","name":"ISPreview.co.uk","url":"https:\/\/www.ispreview.co.uk\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.ispreview.co.uk\/#\/schema\/logo\/image\/","url":"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2020\/07\/ispreview_uk_logo.jpg","contentUrl":"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2020\/07\/ispreview_uk_logo.jpg","width":1000,"height":1000,"caption":"ISPreview.co.uk"},"image":{"@id":"https:\/\/www.ispreview.co.uk\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ispreview","https:\/\/x.com\/ispreview","https:\/\/www.linkedin.com\/in\/mjack\/","https:\/\/bsky.app\/profile\/ispreview.bsky.social","https:\/\/mastodon.social\/@ispreview"]},{"@type":"Person","@id":"https:\/\/www.ispreview.co.uk\/#\/schema\/person\/de66a8b4e937c21c80e443d1bf9c35d5","name":"Mark Jackson","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2023\/01\/nggallery_import\/Mark-Jackson-96x96.jpg","url":"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2023\/01\/nggallery_import\/Mark-Jackson-96x96.jpg","contentUrl":"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2023\/01\/nggallery_import\/Mark-Jackson-96x96.jpg","caption":"Mark Jackson"},"description":"By Mark Jackson Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on X (Twitter), Mastodon, Facebook, BlueSky, Threads.net and Linkedin.","sameAs":["http:\/\/www.ispreview.co.uk","https:\/\/www.facebook.com\/ispreview","https:\/\/x.com\/ispreview"],"url":"https:\/\/www.ispreview.co.uk\/index.php\/author\/markj"}]}},"_links":{"self":[{"href":"https:\/\/www.ispreview.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/48003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ispreview.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ispreview.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ispreview.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ispreview.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=48003"}],"version-history":[{"count":0,"href":"https:\/\/www.ispreview.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/48003\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ispreview.co.uk\/index.php\/wp-json\/wp\/v2\/media\/31718"}],"wp:attachment":[{"href":"https:\/\/www.ispreview.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=48003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ispreview.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=48003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ispreview.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=48003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}