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O2 and Virgin Media in talks to merge

4720758285?profile=RESIZE_400xMobile operator O2 may be set to merge with broadband giant Virgin Media to create one of the country's largest entertainment and telecoms firms.

A tie-up between two big players in Britain's telecoms and media sector would create a major rival to BT.

Spanish firm Telefonica, which owns O2, confirmed that it was in talks with Virgin-owner Liberty Global.

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BBC News

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