The new operator is one of the largest in the U.K., with 47 million broadband, mobile, TV and home phone connections and annual revenue of around £11 billion (approximately $15.3 billion). Virgin Media O2 said in a press release upload speeds will increase from 7 Mbps to 20 Mbps on its entry level Voom Fibre 1 plan; double to 30 Mbps and 40 Mbps respectively on its Voom Fibre 2 and Voom Fibre 3 tiers; and jump from 35 Mbps to 50 Mbps on its premium Voom 500 plan. It noted more than 100,000 locations across the country are set to receive the higher speeds.