Hello!
Yes indeed, nexfibre is building XGS-PON capable FTTP, and Virgin Media is being sold off that back of that. Wholesale to other ISP's will not be this year, so Virgin Media will be the only choice for now.
It is definitely not coax, it is full fibre right the way down to the VM supplied CPE (Router).
The massive downside to all this of course, is that Virgin Media is the only choice. They cannot even effectively sell or upgrade people to symmetric connections... As delighted that I am they built my street in October, I still cannot order anything from Virgin Media, but I am not sure I want to!