What’s next for the UK’s largest ISP after the Brexit vote
What’s the future for the biggest ISP in the UK after the UK voted to leave the European Union?
A lot depends on what happens in Brussels and London, the two capitals of the EU.
The UK’s top two ISPs, BT and Virgin Media, are set to have to start operating from scratch after Britain leaves the bloc in 2019.
BT is a leading internet provider in the country, with more than two million customers.
Virgin Media was founded in 1991 and has a market share of about 20% of the UK market.
But BT is likely to be hit by a sharp decline in the price of its internet subscriptions.
It already lost nearly $600 million in the second quarter of 2018 alone due to the Brexit-related uncertainty.
Virgin said it expects its revenues to fall by $2.5 billion by 2019, down from a loss of $5.2 billion in the previous quarter.
According to a recent report from research firm IDC, the UK is set to lose almost half of its Internet subscribers in 2019, or 4.4 million.
But the biggest loser will be BT.
The company reported that its internet revenue will be $5 billion in 2019 compared to $8.5 in 2019 for Virgin.
BT has about 5 million customers, or about 4% of UK Internet users.
That compares to 4.3 million for Virgin, according to IDC.
The loss of a significant number of customers is likely the biggest blow for BT.
BT already lost a significant portion of its customers to rivals such as Sky and TalkTalk, and will lose more to the fallout of Brexit, according the report.
In an interview with Business Insider, BT’s chief executive officer, Paul Coles, said the impact of Brexit would be felt throughout the industry, from customers to suppliers.
Coles told Business Insider: “There’s an awful lot of pressure on us from customers, from suppliers and from customers themselves, who are going to have their own problems.”
“The UK is going to be a more competitive place as a result of the decision that we’ve made to close down our network.”
If we were to lose 1 million customers we would have a big impact on us.”
However, he added that BT would be able to “continue to provide the services that we do, as well as doing the work we need to do to remain competitive.”
A BT spokesperson told Business News Today that the company was “disappointed” by the Brexit decision, and said it was “taking all the necessary steps to support our customers and keep the business open.”
BT also told the BBC that it was planning to sell its entire European network by 2019.