Comms giant Telefonica confirms O2 in talks to merge with Virgin Media

Brrrring brrrring... Yep it's American cable guy Liberty Global

It's official: mobile networks operator O2 is negotiating a merger with Virgin Media. Should the deal - details of which are not yet known - complete, it would see the creation of the UK's largest entertainment and telco provider, spanning mobile, fixed-line telecommunications, broadband, and pay TV....