LONDON, May 12 (Reuters) - Britain's Virgin Media O2

said it was combining its enterprise unit with

business-to-business telecoms provider Daisy Group to create a

new communications and IT offer for companies.

The new company will be 70% owned by Virgin Media O2, a

joint venture between Liberty Global ( LBTYA ) and Telefonica

, and 30% owned by Daisy Group, the two said on Monday.

The entity will have pro-forma revenue of about 1.4 billion

pounds ($1.85 billion) and adjusted core earnings of about 150

million pounds, based on the groups' 2024 performance, they

said.

($1 = 0.7579 pounds)