Liberty Global


Swiss strife: Sunrise, Freenet and Liberty Global

Swiss telco Sunrise has fallen out spectacularly with its biggest shareholder, Germany’s Freenet, over the planned acquisition of Liberty Global’s Swiss business. Sunrise this week accused Freenet board representatives of “a conflict of interest” and resolved to exclude them from discussions about the merger. The telco also asserted that Freenet had previously proposed an illegal […]

Sunrise at war with Freenet over Liberty Global deal

The battle between Swiss service provider Sunrise and its largest shareholder Freenet over the former’s plans to acquire UPC Switzerland has escalated, with Sunrise accusing Freenet board representatives of “a conflict of interest” and resolving to exclude them from discussions about the merger. Sunrise also asserted that Freenet had previously proposed an illegal acquisition of […]

Liberty Global to focus on ‘core markets’ for further acquisitions

Liberty Global will focus on its “core operating markets” for any acquisitions or investments it makes from the proceeds of its sale of its German and central European assets to Vodafone and the forthcoming sale of UPC Switzerland to Sunrise, according to CEO Mike Fries. Speaking on the company’s latest quarterly earnings call, Fries said […]

Liberty to buy back shares and invest in UK as subscriber numbers drop

Liberty Global is following up on its promise to return value to shareholders following its sale of its German and central European units to Vodafone by using the proceeds from the sale for cash tender offers for its shares of up to US$2.5 billion (€2.2 billion), along with a promise of investing in Virgin Media, […]

Telenet posts improved performance, slams wholesale cable move

Belgian cable operator Telenet has reported an improved operational performance for the second quarter, with strong uptake of fixed-mobile converged bundles and broadband and post-paid mobile growth. Telenet said that uptake of its fixed-mobile converged Wigo and Yugo bundles had increased by 38,700, meaning that it now has 467,800 customers for these bundles, described as […]

Vodafone: Liberty Global deal is a ‘decisive shift’ for the company

The acquisition of Liberty Global’s German and central European assets will make the telco “Europe’s largest owner of Gigabit next-generation network infrastructure” and “decisively shift the group’s mix in Europe to growing fixed and converged services, which will represent almost half of our consumer revenues going forwards”, according to Nick Read, the company’s CEO. Speaking […]

Virgin Media unveils national Gigabit broadband rollout

Virgin Media has unveiled plans to roll out Gigabit internet speeds to close to 15 million homes across the UK over the next two years as part of what it describes as its ‘Gigabit Britain’ plan. The Liberty Global-owned operator said that it would introduce service in cities across its national network later in the […]

EC gives green light to Liberty Global-Vodafone deal

The European Commission has given a green light to Liberty Global’s sale of its German and central European operations to Vodafone. The €19 billion deal is now expected to close on July 31. Liberty Global said that all regulatory conditions had now been met in alignment with the original terms of the deal. The sale […]

Virgin Media to offer UHD sports, movies and boxsets from Sky in new deal

Liberty Global-owned Virgin Media has struck a new multi-year partnership with pay TV operator Sky, enabling viewers to have access to Sky channels including Sky Cinema and Sky Sports as well as making Sky’s UHD TV content, including sport and movies, available to its customers. Sky’sline up of entertainment, cinema and sports channels will continue […]

Virgin Media beats rivals to air Wimbledon tennis in 4K UHD and HDR

Liberty Global-owned Virgin Media is to air the Wimbledon tennis tournament in 4K UHD and HDR for the first time. Virgin Media subscribers equipped with a Virgin TV V6 set-top box will be able to view 4K HDR coverage of the competition from July 1 via the BBC iPlayer app on the box. While BBC […]

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