Charlie Bracken

Liberty Global looks to fixed-mobile convergence and local IPOs

Liberty Global is set to benefit significantly from its realisation of fixed-mobile convergence in the UK and Switzerland and is likely to continue to build out fibre in the UK under Project Lightning after Virgin Media’s merger with O2, possibly with a spun-off infrastructure company, according to CFO Charlie Bracken. Speaking at the UBS Global […]

Liberty Global CFO rules out big acquisitions as company mulls strategic options

Liberty Global will use proceeds from the sale of its German and CEE businesses to Vodafone principally to return cash to investors in the form of buybacks and has no plans for big acquisition, according to Charlie Bracken, the company’s EVP and CFO, speaking at the Morgan Stanley European Media & Technology conference last week. […]

Liberty not seeking outright ITV purchase, says CFO

Liberty Global’s chief financial officer has poured cold water on suggestions that the cable giant could seek to buy out ITV, after it bought into the UK broadcaster last year.   In an interview with the Financial Times, Charlie Bracken described ITV as “awfully pricey” as an outright acquisition target, adding: “we’re not going to […]

Liberty Global reorganising European business to improve credit appeal

Liberty Global is to reorganise its European businesses, merging UPC Ireland with Virgin Media and UPC Netherlands with Ziggo to create a simpler debt structure. Reuters reported that co-chief financial officer Charlie Bracken told an investor call yesterday that the new structure was “the culmination of a long journey” that would create a “more investor […]