4 August 2025: O2 Daisy, the new B2B telecoms powerhouse created by the merger of Virgin Media O2 Business and Daisy Group, has today launched with a promise to provide the technology to “make every business better.” The new company, which, from the outset, is the country’s second largest small and medium-sized business solutions provider, will redefine the communications and IT experience for customers and support British businesses of all sizes.
As a dedicated company serving businesses from Small Office Home Office (SOHO) to Large Enterprise and Public Sector organisations, O2 Daisy offers a complete set of best-in-class digital-first connectivity solutions and managed service solutions under one roof.
Now operating as one team, the business has bases across the country – including hubs in Nelson, Sheffield, Manchester, London, Reading, Bournemouth and beyond – to serve customers wherever they may be. The united company brings together the large customer base and scaled fixed and mobile networks of Virgin Media O2 with the agile platforms, broad product sets and deep B2B expertise of Daisy Group.
The company, which is fully consolidated by Virgin Media O2 with a 70/30 ownership structure, will be led by Matthew Riley as Chairman and Jo Bertram as CEO. The newly formed executive leadership team has been drawn from both organisations and includes:
- Paul Milton, Chief Financial Officer
- Dave McGinn, CEO, Small and Medium Enterprise
- Jo Watts, Chief Operating Officer of Large Enterprise and Public Sector
- Paul Edwards, Chief Technology and Information Officer
- Lizz Poltawski, Chief Strategy and Transformation Officer
- Alison Bawn, Chief People Officer
- Nigel Smith, General Counsel
With around £1.4 billion in annual pro forma revenues and a customer base spanning hundreds of thousands of SMEs, large enterprises, public sector bodies, and indirect partners, O2 Daisy is set to play a pivotal role in shaping the future of digital-first connectivity and managed IT services. As a true one-stop shop, the company will offer a comprehensive product portfolio that includes data and WiFi solutions, modern workplace tools, 5G Private Networks, cloud-based services, cybersecurity offerings and O2 Motion movement insights.
Combined product offering from day one
From today, customers will be able to access the best products and services from both organisations, all underpinned by Virgin Media O2’s leading connectivity and Daisy’s award-winning and personalised support. This includes offering customers access to an expanded range of products that include cloud-based products, and Teams Phone Mobile, as well as other on-net connectivity services. Additional solutions are expected to be released in the coming months.
Speaking at the launch of the new company, Jo Bertram, CEO of O2 Daisy, said: “Today we start on our mission to shake up the market and provide the technology needed to make every business better. With the launch of our new standalone company, we’re putting our focus on what really matters – helping businesses of all sizes connect and grow. By bringing together two experienced teams and supercharging them with scaled networks, agile systems and comprehensive products, we’re ready to deliver exceptional outcomes for our customers.”
Matthew Riley, Chairman of O2 Daisy, added: “This is an exciting day for O2 Daisy, as we officially launch and bring together two highly successful companies into one powerhouse team. In a fast-changing world, growth is inextricably linked to the ability to access world-class IT and communications infrastructure. Driven by the entrepreneurial spirit we’re known for, O2 Daisy will revolutionise the telecommunications and IT landscape, by creating connectivity offerings fit for UK businesses of all sizes – underpinning their own growth stories.”
The new entity will continue to serve customers under their existing brands during the integration phase, with further brand and operational updates expected in the coming months.
Ends
Notes to Editors:
Financial treatment of O2 Daisy by Virgin Media O2
Daisy Group will be consolidated into Virgin Media O2 financial reporting as of 1st August, with the targeted achievement of Virgin Media O2’s 2025 guidance excluding the incremental impact of the new B2B company. Consolidation of Daisy Group is expected to increase revenue by approximately £125 million in 2025, and, when combined with integration activity, the transaction will drive an expected broadly neutral impact to Adjusted EBITDA, ahead of 2026 synergy realisation.
*second largest small and medium-sized business solutions provider. Source: Analysys Mason, May 2025 ‘The merger with Daisy Communications could reinvigorate Virgin Media O2’s business division’
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