Virgin Media O2 reported a strong set of its first full-year results since merging, with customer growth in both fixed and mobile in 2022.

The company added 27,000 fixed subscribers last year, taking the base to 5.8 million. This was driven by increased demand which led to 57,000 broadband net additions in the full year, including 23,000 in the fourth quarter. Average speeds across the broadband base increased 41% year-on-year to 301 Mbps.

Source: VMO2 posts first full year results, to open new UK HQ