Virgin Media O2 reports 4.4% reduction in losses, maintains 2026 financial targets

Virgin Media O2, the UK joint venture of Telefónica and Liberty Global, reported a 400 million euro loss, marking a 4.4% year-over-year improvement. The company reaffirmed its 2026 financial guidance while maintaining a debt load of 25 billion euros and projecting a decline in adjusted EBITDA.