UK's Virgin Media O2 targets enterprise growth with Daisy deal

FILE PHOTO: A billboard advertising Virgin media fibre broadband is seen in London, Britain, March 30, 2016. REUTERS/Toby Melville/File Photo

LONDON (Reuters) -Britain's Virgin Media O2 said it was creating a new business-to-business company by combining its enterprise unit with IT and telecoms provider Daisy Group, with the aim of offering more products and services to customers ranging from single traders to large public and private groups.

The new company will be 70% owned by Virgin Media O2, a joint venture between Liberty Global and Telefonica, and 30% owned by Daisy Group, the two said on Monday.