Virgin Media O2 Pledges Fast Fiber Broadband for All
- Virgin Media O2 to upgrade its entire U.K. network by 2028
- BT trying to convince investors with national fiber rollout
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BT Group Plc shares fell after its biggest rival said it would connect all of its customers to fast fiber broadband, ramping up the competitive threat to the former phone monopoly.
Virgin Media O2 will upgrade its entire network of 15.5 million U.K. connections to fiber optics instead of cable by 2028, the venture said in a statement Thursday.