Germany


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. […]

Vodafone: no UK TV offering until broadband is ‘successful’

Vodafone will not launch a TV service in the UK until its fixed-broadband offering is “successful”, according to CEO Nick Read. Speaking to analysts after Vodafone unveiled its quarterly figures, Read said that Vodafone UK CEO Nick Jeffery had made “the right decision” in focusing on a broadband offering without TV for the time being. […]

Sky Deutschland adds Netflix to Sky Q

Sky Deutschland will add Netflix to its Sky Q offering tomorrow as part of a new Entertainment Plus package, with Netflix recommendations and search integrated as part of the Sky Q experience. The new package, which will be available to Sky subscribers in Germany and Austria, will combine Sky original productions, international series, Sky box […]

Vodafone takes massive TV loss in Spain as absence of football bites

Vodafone lost 71,000 TV customers during its fiscal first half thanks largely to its loss of football rights in Spain, which has allowed rivals Telefónica and Orange to pick off disgruntled sports fans from its subscriber base. Vodafone said that, “following challenging current trading and economic conditions” in the Spanish market, its cash flow would […]

Fries: German Cartel Office move is ‘no surprise’

German competition watchdog the Bundeskartellamt’s move to have the EC refer Vodafone’s planned acquisition of Unitymedia to was “totally expected and not a surprise at all” for Unitymedia parent Liberty Global and the company remains confident that the deal will be approved, according to president and CEO Mike Fries. Speaking to analysts after Liberty posted […]

ProSiebenSat.1 sees short-term pain and long-term gain with five-year plan

German broadcaster ProSiebenSat.1 has set a target of increasing its top line from €4 billion to €6 billion “in the mid-term”, according to CEO Max Conze, with at least half of this coming from digital activities. However, ProSiebenSat.1 has downgraded its expectations for this year as a result of lower than expected revenues and the […]

RTL looking to VOD revamp and digital originals to fuel growth

Commercial broadcaster RTL is looking to a combination of video-on-demand and production outfit Fremantle’s push into scripted drama to fuel growth after posting solid Q3 results, with ambitious plans for VOD platform TV Now in Germany. RTL Group CEO Bert Habets said that the group plans to up its investment in streaming services, including investment […]

German competition watchdog wants say on Vodafone-Liberty Global deal

German competition watchdog the Bundeskartellamt, together with the country’s Federal Ministry of Economic Affairs and Energy, has requested the European Commission to refer Vodafone’s planned acquisition of Liberty Global’s Unitymedia unit to it on the grounds that the deal has an impact on markets in Germany. Andreas Mundt, the Bundeskartellamt’s president, said that the acquisition […]

Deutsche Telekom TV numbers up as convergence fuels growth

Deutsche Telekom said that converged fixed-network and mobile products continued to fuel its customer growth in the third quarter, with TV numbers up across most markets. Deutsche Telekom boosted its TV base in Germany by 6.5% to reach 3.291 million. Quarterly TV revenues were up 5.7% to €373 million. The company said that converged products […]

German broadband association calls on EC to prohibit Vodafone-Liberty deal

German alternative broadband operators association the Bundesverband Breitbandkommunikation (BREKO) has called for the EC to say no to Vodafone’s proposed acquisition of Liberty Global’s German subsidiary, Unitymedia on the grounds that it would severely restrict competition in the broadband market. BREKO argues that the merger would effectively create a duopoly in the broadband market between […]

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