Liberty Global


Liberty Global’s MySports launches new channel

Liberty Global-owned UPC Switzerland’s sports broadcast unit MySports is launching a new sports channel, MySports One, ahead of the upcoming hockey season – a key event in the Swiss sporting calendar. The channel, which goes live today, will be distributed via UPC and other operators to digital TV customers. MySports One will be serve as […]

UKTV returns to Virgin with ‘five-times as much VOD content’

UKTV’s channels returned to Virgin Media at the weekend, ending a three-week stand-off between the companies that forced networks including Dave, Gold and Alibi off the platform. The two parties agreed a new carriage deal that restores all UKTV’s channels and adds more than five-times the amount of on-demand programming – including what Virgin described […]

Liberty Global has ‘strong turnaround plan’ for UPC Switzerland

Liberty Global’s struggling Swiss business remains “highly cash-generative” with attractive cash-flow, giving the company “strategic options” as the Swiss market “looks to consolidate and rationalise”, according to CEO Mike Fries. Speaking to analysts as the company posted its Q2 results, Fries said that Liberty had “a pretty strong turnaround plan for Switzerland” but that this […]

Liberty Global spurred by Virgin Media gains

Liberty Global reported financial gains and strong momentum at UK-based Virgin Media in its latest quarter, despite a loss of 11,500 video customers across its footprint. For the second quarter, revenue from continuing operations was up 2.7% year-on-year to US$3.05 billion (€2.63 billion), while operating income was up 31.0% to US$263.9 million thanks to higher […]

T-Mobile Austria completes €1.9bn UPC Austria takeover

T-Mobile Austria has completed its previously-announced €1.9 billion takeover of Liberty Global-owned cable operator UPC Austria. Liberty Global confirmed the close of the sale today, stating that its proceeds will be approximately €900 million after accounting for the repayment of debt attributed to UPC Austria. Liberty said it will use this cash to increase its […]

Malone confirms succession plan

The CEOs of John Malone’s companies will have the first right to acquire his controlling stock after he dies, the US cable magnate has told the Irish Times. Malone, speaking during Liberty Global’s annual overseas board meeting in Dublin, confirmed to the paper that “most of [his] long-time CEOs…have the first right” to acquire stock […]

Activist investor takes aim at Telenet

Activist investor Lucerne Investment Partners has threatened legal action against Liberty Global-backed Belgian cable operator Telenet over the latter’s governance and what it sees as the overweening influence of Liberty Global. Lucerne, which holds a stake of just under 3% in the operator, has reportedly given Telenet a week to provide answers before it goes […]

Liberty Global announces management change for UPC Switzerland

Liberty Global has announced that Severina Pascu will become chief executive officer (CEO) of UPC Switzerland, taking over from Eric Tveter. Pascu is a 10-year veteran of Liberty Global and is currently chief operating officer of UPC Switzerland. In her new role she will role she will report jointly to Liberty CEO Mike Fries. Tveter […]

Liberty Global unconcerned whether Fox or Comcast take control of Sky

Liberty Global is “not bothered” about whether 21st Century Fox or Comcast gains control of Sky in the UK, according to the international cable operator’s CEO Mike Fries. Speaking to CNBC, Fries said that Liberty both competed and partnered with Sky in the UK and said that the market was “healthy and vibrant” and competitive. […]

UPC Poland passes Connect Box milestone

Liberty Global-owned Polish cable operator UPC Poland has passed the milestone of deploying half a million advanced Connect Box DOCSIS gateways. The Connect Box uses advanced smart WiFI technology to provide an optimal connection to the internet form anywhere in the home, and facilitates connection of multiple devices by actively managing the distribution of resources, […]