Liberty Global


Cord-cutting comes with ‘pros and cons’ says Liberty Global’s Fries

Cord-cutting comes with “pros and cons” for fixed line operators such as Liberty Global as the industry moves to apps and aggregates streaming services such as Netflix, according to CEO Mike Fries, speaking to CNBC at the World Economic Forum in Davos. Fries said that streaming consumers still need a great broadband connection even if […]

Liberty Global considers Univision

Liberty Global Ventures, the investment arm of Virgin Media-owner Liberty Global, is considering a bid for Spanish-language media firm Univision. The company is reportedly working with Hemisphere Media Group on a bid, with other parties such as private equity firm Platinum Equity and former Viacom CFO Wade Davis also looking at making an offer. Offers […]

UPC Poland launches commercial premises pack, adds to Horizon Go line-up

Liberty Global-owned cable operator UPC Poland has launched a new offering aimed at pubs and restaurants that includes a range of sports, music, kids and other content from PLN50 (€11.80). The Biznes TV package offers 30 channels including sports services Eurosport 1 HD, Eurosport 2 HD and SportKlub HD, music services 4Fun.TV, MTV Polska HD, […]

Sunrise CEO and chairman quit following botched UPC deal

Sunrise Switzerland CEO Olaf Swantee has resigned from his role following the failed CHF6.3 billion (€5.67 billion) acquisition of Liberty Global’s UPC Switzerland. Chairman Peter Kurer and vice chair Peter Schöpfer also announced that they will not run for re-election. Both Kurer and Swantee were the public figures pushing for the deal and were left humiliated […]

Liberty Global ends all hope of UPC Switzerland-Sunrise deal

Liberty Global has put to bed any idea of resuming talks with Sunrise over the latter’s proposed acquisition of UPC Switzerland. The US operator has issued a statement officially terminating discussions surrounding the sale of UPC Switzerland to Sunrise. While the statement is conclusive, it does not indicate that Liberty holds any ill will towards […]

Malone retires from Liberty Latin America board

Liberty Global chairman John Malone has announced his retirement from the board of Liberty Latin America.  The 78-year old Malone will transition to a director emeritus role going forward, meaning he will still be able to attend board meetings but will not be able to vote.  Malone said: ““I have decided to retire from the […]

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 […]

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