Virgin Media O2 generated over 5.9 billion British pounds in revenue from mobile services 2023. Though this appears as a significant increase since 2021, this figure only reflects the period from June to December 2021 following the merger of Virgin Media and O2. Before the merger, Virgin Media's mobile subscription revenues in the United Kingdom (UK) and Ireland had decreased, falling from 479.9 million British pounds (GBP) in 2014 to 360.4 million British pounds in 2020.
Revenue of Virgin Media O2 from mobile services in the United Kingdom from 2012 to 2023
(in million GBP)
In June 2021, Liberty Global and Telefonica entered into a joint venture to form Virgin Media O2 UK Holdings Limited (VMED O2), formerly Virgin Media Ltd. and O2 Holdings Ltd. The 2021 annual report and financial statements therefore reflect the seven-month period from the formation of VMED O2 on 1 June 2021 through to 31 December 2021.
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Virgin Media O2, & Virgin Media. (February 20, 2024). Revenue of Virgin Media O2 from mobile services in the United Kingdom from 2012 to 2023 (in million GBP) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/290100/virgin-media-mobile-revenues/
Virgin Media O2, und Virgin Media. "Revenue of Virgin Media O2 from mobile services in the United Kingdom from 2012 to 2023 (in million GBP)." Chart. February 20, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/290100/virgin-media-mobile-revenues/
Virgin Media O2, Virgin Media. (2024). Revenue of Virgin Media O2 from mobile services in the United Kingdom from 2012 to 2023 (in million GBP). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/290100/virgin-media-mobile-revenues/
Virgin Media O2, and Virgin Media. "Revenue of Virgin Media O2 from Mobile Services in The United Kingdom from 2012 to 2023 (in Million Gbp)." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/290100/virgin-media-mobile-revenues/
Virgin Media O2 & Virgin Media, Revenue of Virgin Media O2 from mobile services in the United Kingdom from 2012 to 2023 (in million GBP) Statista, https://www.statista.com/statistics/290100/virgin-media-mobile-revenues/ (last visited September 01, 2024)
Revenue of Virgin Media O2 from mobile services in the United Kingdom from 2012 to 2023 (in million GBP) [Graph], Virgin Media O2, & Virgin Media, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/290100/virgin-media-mobile-revenues/