Virgin swoops for northern UK fibre network
Editor | 04-02-2014
Just like its acquisitive parent Liberty Global, Virgin Media has opened its cheque book to buy Scottish and North West England network company Smallworld Fibre.
The acquisition, the full financial terms of which have not been disclosed as yet, will see 40,000 homes connected to Virgin Media’s own fibre optic infrastructure, which is claimed to already pass half of all UK homes.
“Even better broadband can open up fantastic possibilities for people as well as support the economic growth of an area,” commented Paul Buttery, Virgin Media’s chief customer, technology and networks officer. “Smallworld will help us bring Virgin Media’s advanced services to thousands of homes, businesses and organisations for the very first time. Their great network is a perfect fit for us as we continue to invest and look for the right opportunities to grow. We’re excited about what the region has to offer and what we can offer the region.”
David Durnford, MD and owner of Smallworld Fibre, added: “Virgin Media has led the way in bringing superfast broadband and next-generation TV to millions of UK homes and our customers will now be able to benefit from their significant ongoing investment and innovation. Smallworld is a great, local success story and, as the pace of change in the digital world continues to quicken, we’re delighted to be passing the baton onto such a great partner.”