Virgin and O2 plan merger

News here that Virgin Media and O2 are apparently considering a deal to challenge the Sky/BT duopoly with a platform spanning communications and television.

It's an opportunistic move in some regards, and is, in part, looking to exploit the low share price of ITV, in which Liberty Global, which owns a 10% stake.

If so, it would represent another major player in the sector, and might encourage even more competition in a market which now seems to have an ever greater number of players if you include the likes of Apple, Amazon and Netflix.