Virgin Media O2 explores Cityfibre deal

Four months after apparently losing interest in acquiring TalkTalk for $3.68 billion, Virgin Media O2 reportedly moved its focus to a potential acquisition of broadband provider Cityfibre.

According to The Telegraph, Mike Fries, CEO of Virgin Media O2 parent firm Liberty Global, spoke with Greg Mesch, head of Cityfibre, and the operator has also hired bankers from US-based LionTree to help with the deal-seeking process.

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