Virgin Media is set to acquire a 30% equity stake in a holding company, which currently serves as the key vehicle for Telefonica Infra and Liberty Global's joint investment in the fiber network enterprise Nexfibre.

This equity change will reshape the cooperation landscape among the three parties in the fiber optic infrastructure sector, marking Virgin Media's official entry into the joint investment system of Telefonica and Liberty Global. By holding shares in this holding company, Virgin Media will indirectly participate in Nexfibre's operational decisions, further expanding its influence in the UK fiber network market. This strategic move not only strengthens the existing partnership between Telefonica Infra and Liberty Global, but also injects new momentum into the development of the UK's broadband infrastructure.