CMA Says Provisionally Clears Proposed Merger Of Virgin Media And Virgin Mobile With O2 NEW YORK CITY (dpa-AFX) - The U.K. Competition and Markets Authority or CMA Wednesday said it has provisionally cleared the proposed merger of Virgin Media, Inc. (VMED.L, VMED) and Virgin Mobile with O2. Virgin Media and Virgin Mobile are owned by Liberty Global plc, while O2 is owned by Spanish telecom major Telefonica SA (TDE.L, TEF). The regulator noted that both Virgin and O2 provide certain wholesale services to other mobile network operators in the UK, as well as retail services to consumers. The CMA was clear at the outset of its in-depth inquiry that it was not concerned about overlapping retail services such as mobile, due to the small size of Virgin Mobile.