CWC


Liberty Latin America set for independent life from end of year

Liberty Global’s Latin American and Caribbean arm is to become an independent company – Liberty Latin America – with shares trading on the NASDAQ Global Select Market from January 2. The ‘record date’ for the split-off has been set for December 26, with distribution of common shares to take place on December 29. Holders of […]

Liberty Global faces ‘speed bump’ in UK, but long-term growth prospects good

Liberty Global remains committed to the UK market and remains confident about its long-term growth prospects despite hitting a “speed bump” that had contributed to share-price volatility recently, according to president and CEO Mike Fries. Speaking to investors at the company’s annual shareholders meeting, Fries said that after averaging 20% return on equity for the […]

Liberty Global shareholders back Cable & Wireless takeover

Liberty Global’s shareholders have approved its acquisition of all outstanding and to-be issued shares of Cable & Wireless Communications (CWC). More than 99% of the voters at Liberty’s general meeting of shareholders approved the proposals, representing more than 86% of all outstanding votes. If CWC’s shareholders approve the acquisition at their general meeting next week […]

Liberty Global to put CWC share plan to the vote

Liberty Global will put its plan to issue new shares as part of its acquisition of Cable & Wireless Communications (CWC) to shareholders at the company’s general meeting of shareholders on April 20. Liberty Global agreed to buy CWC, which operates networks in the Caribbean, for £3.5 billion (€4.5 billion) in November last year. The […]

Liberty Global to buy Cable & Wireless for €5bn

Liberty Global has agreed to buy Cable & Wireless Communications (CWC) for £3.5 billion (€5.0 billion) in a “watershed” move to expand its presence in the Caribbean and Latin America. Liberty has agreed to buy all outstanding shares in CWC and combine it with its LiLAC operations – Liberty’s LatAm and Carribean assets that already comprise Chilian operator […]

Liberty Global in talks to take over CWC

Liberty Global has confirmed it is in talks to acquire Cable & Wireless Communications (CWC) in a deal that reportedly could be value at around US$5.5 billion (€4.9 billion). CWC provides quad-play services in the Caribbean and Panama, which could be combined with Liberty Global’s recently spun-off operations in Chile and Puerto Rico. In addition […]