Britain clears $44 bln Virgin-O2 merger to take on BT

Britain’s competition regulator cleared a $44 billion merger between broadband company Virgin Media and Telefonica’s (TEF.MC) UK mobile network O2 on Thursday, after a months-long review.

Britain’s competition regulator cleared a $44 billion merger between broadband company Virgin Media and Telefonica’s (TEF.MC) UK mobile network O2 on Thursday, after a months-long review.