Virgin Media to spend 3 bln stg to build out UK network
February 13, 2015 at 04:53 AM EST
LONDON, Feb 13 (Reuters) - British cable operator Virgin Media plans to invest 3 billion pounds ($4.6 billion) to increase the reach of its fibre network to 17 million homes from the current 13 million, posing a fresh challenge to rival providers BT and Sky.