The Guardian BusinessmacroeconomiaNEUTRALMEDIUM

Job cuts, lost customers and a £22bn debt pile: what has gone wrong at Virgin Media O2?

The company has lost 182,000 broadband and 644,000 mobile customers in two years and is operating in an increasingly competitive market competition Mike Fries may be totting up swingeing job cuts, a £22bn debt pile and the loss of hundreds of thousands of customers, but he…

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