Virgin Fibra

Last updated
Virgin Fibra S.r.l.
Company type Subsidiary
Industry Telecommunications
FoundedAugust 2020;5 years ago (2020-08)
Founder Tom Mockridge
DefunctJune 9, 2025 (2025-06-09)
FateTransfer of customer base to Dimensione
Successor Dimensione
Headquarters
Milan
,
Italy
Area served
 Italy
Key people
 Tom Mockridge (Chairman and CEO)
Products Fiber-optic communications
Owner Virgin Group (33.3%)
Parent Virgin Group
Website www.virginfibra.it

Virgin Fibra S.r.l. was an Italian telecommunications company owned by Virgin Group Ltd., which offered fiber optic telephony services in FTTH technology. [1] [2] [3]

The company was founded in August 2020, and was led by Tom Mockridge. On 9 June 2025, the company became defunct and completed the sale of it’s customer base to Dimensione. [4] [5] [6] [7]

History and operations

Founded in August 2020 in Milan, Virgin Fibra is headed by a group of Italian and foreign entrepreneurs. [8]

Virgin Fibra is partly owned by Richard Branson's Virgin Group, and is the third company in Italy after Virgin Active and Virgin Radio to carry the brand. The commercial launch took place in August 2022, [9] two years after its foundation.

Virgin Fibra operates in the sector of broadband fixed Internet connections, offering subscriptions to its customers who sign contracts for the supply of optical fiber Internet connections, exclusively with FTTH.

The company is led by founder and CEO, Tom Mockridge, who also serves as chairman of the board of directors.

Virgin Fibra's services are available to private customers, VAT holders and small and medium-sized enterprises in Italy. Virgin Fibra distributes its services exclusively online on its Website and operates in full integration with Open Fiber, owner of the largest Italian fiber-optic network FTTH. [10]

On November 11, 2024, the procedure for the composition of the crisis, due to over-indebtedness, with losses amounting to 21 million euros, was officially opened at the Court of Milan. [11] [12] [13] [14]

On June 9, 2025 Dimensione, a company active in the provision of fiber optic services, acquires the customer base of Virgin Fibra, maintaining the contractual conditions of the offers unchanged. [15] [16] [17] [18]

See also

References

  1. ↑ "Virgin Fibra Pura dritta a Casa FTTH" . Retrieved 17 February 2023.
  2. ↑ "Virgin Fibra to bundle fast Internet with video streaming in Italy". euronews. October 18, 2022.
  3. ↑ "virgin-fibra". Leftloft.
  4. ↑ Sala Stampa (9 June 2025). "Dimensione acquisisce il portafoglio clienti di Virgin Fibra mantenendo le condizioni contrattuali". MondoMobileWeb.it | News | Telefonia | Offerte. Retrieved 11 June 2025.
  5. ↑ "I clienti di Virgin Fibra passano a Dimensione. "Le condizioni dell'offerta non cambiano"". DDay.it. Retrieved 11 June 2025.
  6. ↑ "Dimensione dà il benvenuto ai clienti di Virgin Fibra con un impegno chiaro: qualità, continuità e trasparenza". newsdellavalle.com. Retrieved 11 June 2025.
  7. ↑ Francesco (10 June 2025). "Dimensione punta alla leadership nella digitalizzazione: il caso Virgin Fibra e una strategia vincente di posizionamento". Pop Up Magazine. Retrieved 11 June 2025.
  8. ↑ "Virgin Fibra pronta per l'Italia". 28 September 2022. Retrieved 22 November 2022.
  9. ↑ "Branson-Backed Group Starts Virgin Broadband Service in Italy". Bloomberg.com. 22 August 2022. Retrieved 23 November 2022.
  10. ↑ "Open Fiber e Virgin Fibra siglano una partnership per la connettività ultraveloce in Italia" . Retrieved 22 November 2022.
  11. ↑ Simone Nicolosi (18 November 2024). "Virgin Fibra in crisi: aperta procedura al Tribunale di Milano, 2 mesi per un concordato". MondoMobileWeb.it | News | Telefonia | Offerte. Retrieved 17 January 2025.
  12. ↑ HDblog.it (18 November 2024). "Virgin Fibra in crisi: sommersa dai debiti, il futuro è incerto". HDblog.it. Retrieved 17 January 2025.
  13. ↑ "Virgin Fibra al capolinea: perdite per 21 milioni di euro". MilanoToday. Retrieved 17 January 2025.
  14. ↑ "Crisi finanziaria Virgin Fibra, al via procedura al Tribunale di Milano". Tom's Hardware. 18 November 2024. Retrieved 17 January 2025.
  15. ↑ Sala Stampa (9 June 2025). "Dimensione acquisisce il portafoglio clienti di Virgin Fibra mantenendo le condizioni contrattuali". MondoMobileWeb.it | News | Telefonia | Offerte. Retrieved 11 June 2025.
  16. ↑ "I clienti di Virgin Fibra passano a Dimensione. "Le condizioni dell'offerta non cambiano"". DDay.it. Retrieved 11 June 2025.
  17. ↑ "Dimensione dà il benvenuto ai clienti di Virgin Fibra con un impegno chiaro: qualità, continuità e trasparenza". newsdellavalle.com. Retrieved 11 June 2025.
  18. ↑ Francesco (10 June 2025). "Dimensione punta alla leadership nella digitalizzazione: il caso Virgin Fibra e una strategia vincente di posizionamento". Pop Up Magazine. Retrieved 11 June 2025.
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