Liberty Global


Liberty Global’s John Malone increases Discovery stake

Liberty Global chairman John Malone has increased his stake in Discovery, purchasing US$75 million (€68.15 million) in stocks.  In total, Malone – who was already the company’s largest individual shareholder and has a seat on the board of directors – purchased 2.7 million shares at US$28.03. This follows Malone’s US$33 million (€30 million) stock buy […]

Cable Congress: Dutch market provides model for future of broadband industry

The Dutch broadband and connectivity market is one of the most attractive for investment in Europe, with two strong players – KPN and VodafoneZiggo – competing on innovation and the customer proposition, with a third challenger – Tele2 – offering additional competition, according to Christian Fangmann, director, global banking and markets at HSBC. Speaking on […]

Sunrise puts end to UPC acquisition

Sunrise has officially ended its interest in acquiring Liberty Global-owned UPC Switzerland.   While both parties were keen on the CHF6.3 billion (€5.67 billion) deal, repeated opposition from Freenet – which holds a 24.5% stake in Sunrise – ultimately proved to be its undoing.  The company had initially scheduled an EGM to approve the announced reduction […]

FAANG D2C launches provide ‘opportunity for cable’

FAANG companies’ investment in new services is “going to be highly problematic” for cable’s customers because of the cost of aggregating multiple services as well as the complex environment it creates, according to .Miranda Curtis, board member, Liberty Global However, this delivers an opportunity for cable to help guide consumers through the confusing range of […]

“Low-end” customer losses no concern for Virgin Media

Virgin Media CEO Lutz Shüler has played down subscriber losses in the UK. The exec, who replaced Tom Mockridge as the UK operator’s boss in June, was speaking during Liberty Global’s quarterly earnings call on Thursday. When asked about the loss of subscribers, Shüler said that “we know these TV customers are the low-end customers.” […]

Virgin Media video losses push down Liberty Global RGUs

Video subscriber losses at Virgin Media contributed in no small way to pushing down Liberty Global revenue-generating unit count in the third quarter. The cable giant lost 76,300 RGUs overall in the quarter, taking the total losses for the year-to-date to 80,400. Virgin Media’s RGU losses amounted to 53,000 for the quarter, which the company […]

Virgin to move MVNO from BT to Vodafone, ending 20 year partnership

Liberty Global’s Virgin Media has announced that it is moving from BT to Vodafone. The MVNO move will take place in late 2021 in a five-year deal. Virgin said that this will enable the launch of new services like 5G, with Vodafone heavily investing in the new technology. Virgin Media, one of the early MVNO […]

UPC deal in limbo after Sunrise scraps EGM 

Sunrise’s CHF6.3 billion deal to acquire UPC Switzerland from Liberty Global hangs in the balance after the former announced it has cancelled a planned EGM on October 23. The company had initially scheduled an EGM to approve the announced reduction in the size of the rights issue planned to finance its acquisition of UPC Switzerland. […]

Freenet rejects Liberty Global’s offer to take part in Sunrise-UPC Switzerland deal

Freenet, the largest shareholder in Sunrise, is still opposed to the Swiss service provider’s deal to buy Liberty Global’s UPC Switzerland, despite a new offer from the US seller to take part in the deal. With Freenet vocally opposed to the deal for months, Liberty Global attempted to smooth things over by announcing an agreement […]

Sunrise suffers setback as another proxy adviser rejects UPC plan

Swiss service provider Sunrise has suffered another setback to its efforts to secure shareholder approval for its planned acquisition of Liberty Global-owned UPC Switzerland. According to Reuters, proxy adviser ISS has recommended shareholders to vote against the revised rights issue proposed by the operator to finance the acquisition, citing a note sent to its clients […]

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