Virgin Media O2 gives small businesses a 'boost' with faster download speeds

Virgin Media O2 gives small businesses a 'boost' with faster download speeds
Virgin Media O2 is boosting download speeds for its fiber broadband customers as part of the first major service development since the €31bn merger. The enlarged company says it wants to give a boost to SMEs that saw their revenues plummet during the pandemic and are now more dependent than ever on connectivity for their continuity. Cloud applications, file sharing, and video conferencing have become essential tools for supporting distributed workforces and serving customers who increasingly demand digital experiences. Many of the changes seen in the last 18 months are likely to become permanent, forcing SMEs to keep up. Virgin Media O2 will now offer download speeds of 20 Mbps with its entry-level 350 Mbps download plan, up to 50 Mbps on its faster 500 Mbps plan. Customers can also choose from various Service Level Agreements (SLAs). ) and add static IP options, business phone lines, and 4G support. Jo Bertram, Virgin Media O2's managing director for business and wholesale, left O2 as part of the merger and said the announcement, just 15 working days after the deal was finalized, is not "just the start" of How do you plan to serve businesses? go forward. “Connectivity has never been more critical for business,” he told TechRadar Pro. “95% of the UK private sector are micro-businesses and we know small businesses will be essential to the economy, so we want to give them a boost. " As the importance of connectivity increases after the pandemic, competition between different providers will intensify, especially in the SMB segment, where many companies have traditionally relied on consumer services, believing that professional broadband was adequate for large organisations. Virgin Media O2 believes that investments in its fixed infrastructure, coupled with O2's mobile expertise and customer-focused approach, will set it apart from the rest of the market.“The joint venture will support and their needs so they can work anytime, anywhere," he explains. "We are already seeing the enthusiasm of our customers. "We are the only major competitor on the scale of BT-EE."

Cross pollination

The full benefit of the combination will take time to materialise. Sales, product and technology teams will need to be integrated and there is additional complexity, such as the coexistence of the O2 network with Virgin Media's mobile virtual network operator (MVNO), which uses Vodafone's infrastructure. But already, Bertram says there have been conversations on both sides about how O2's business customers can benefit from fixed connectivity and how Virgin Media subscribers can take advantage of O4's 5G and 2G capabilities. In addition to cross-selling, there is room for further fixed mobile convergence, additional services beyond connectivity, and Internet of Things (IoT) applications. In the short term, Bertram says Virgin Media Business will continue to listen to the needs of its customers. After all, speed increases are likely to increase loyalty and the longer your SMB customers stay in business, the more revenue they can generate for the business. “Our number one goal should be to provide excellent customer service,” says Bertram. “This is about integrating our teams and finding the best opportunities… this announcement is an important first step.