<ul><li>Virgin Media O2 and Daisy Group plan to merge their B2B operations to create a major force in the UK business communications and IT sector.</li><li>The newly formed entity will combine Virgin Media O2 Business and Daisy Group with a 70-30% stake and is projected to generate around £1.4 billion in annual revenue by 2024.</li><li>The merger aims to leverage infrastructure strengths and digital operations to offer comprehensive services like cloud-based tools, 5G networks, IoT connectivity, and AI products.</li><li>The merger signifies a notable consolidation in the UK's telecom sector, with a focus on enhancing digital capabilities and providing comprehensive solutions to business customers.</li></ul>

Virgin Media O2 and Daisy Group to Create UK B2B Telecom Powerhouse

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