Liberty Global

Fries: no plan to replicate Telenet/Fluvius model in the Netherlands

Liberty Global-backed Belgian service provider Telenet’s plan to split off its infrastructure into a new joint venture with utility group Fluvius does not offer a template for a similar move in neighbouring the Netherlands, according to Liberty Global CEO Mike Fries. Speaking to analysts after Liberty Global posted less-than-stellar Q2 results at the end of […]

Virgin Media gains customers and returns to revenue growth

UK service provider Virgin Media O2 said it gained 8,000 net new fixed-line customers in the second quarter, taking its total to 5.8 million, with 16,000 additional broadband customers. The JV between Liberty Global and Telefónica added 805,000 mobile connections in the quarter including wholesale customers. Mobile contract additions numbered 13,000, taking the total to […]

Telenet downgraded by Jefferies on Fluvius deal

Liberty Global-backed Belgian service provider Telenet faces a series of challenges that make a less attractive investment for now, according to a note by analysts at Jefferies, who downgraded the operator to hold. Reflecting on Telenet’s announcement last week that it would fold its fibre infrastructure into a new JV with electricity and gas utility […]

Liberty Networks Germany names CEO

Liberty Networks Germany, the joint venture launched last year by Liberty Global’s investment arm Liberty Global Ventures and private equity outfit InfraVia Capital Partners to build a new full-fibre network in Germany, has appointed Christian Böing as CEO. Böing’s previous roles include CEO of webhosting company Strato AG and Deputy CEO of web hosting company […]

Telenet to combine network with Fluvius and migrate to FTTH

Liberty Global-backed Belgian service provider Telenet has struck a binding agreement with utility provider and network operator Fluvius that will ultimately see Telenet evolve its HFC cable network infrastructure in a combined footprint to fibre-to-the-home technology. Fluvius operates electricity and gas utilities across Flanders and also provides TV and broadband services in around 100 municipalities. […]

Liberty Global names mobile and cloud tech chief

Liberty Global has appointed Madalina Suceveanu to the newly-established role of managing director, mobile and cloud technology. Suceveanu, who will also sit on Liberty Global-backed Belgian service provider Telenet’s board, will report to Liberty Global chief technology officer Enrique Rodriguez. Suceveanu will be responsible for developing Liberty Global’s technology strategy and its investments in mobile […]

UK, Switzerland and Netherlands bright spots for Liberty Global

Liberty Global has praised the strength of Virgin Media O2, Sunrise UPC and VodafoneZiggo as it recorded solid Q1 2022 results. CEO Mike Fries told investors that revenue was flat-to-up in all markets, with strong EBITDA growth in the UK, Switzerland and the Netherlands. This translated to 100,000 aggregate broadband and postpaid mobile subscriber additions […]

Record growth at Virgin Media O2

Virgin Media O2 has recorded its best quarter for growth since the operator was formed as a merger of Liberty Global and Telefonica. Announced as a part of Liberty Global’s Q1 earnings, Virgin Media O2’s Project Lightning fibre build-out plan added 101,000 new premises in Q1 to take its total footprint to 2.8 million homes, […]

Telenet strikes deal to sell cellular towers infrastructure

Liberty Global-backed Belgian service provider Telenet has struck a binding agreement to sell its mobile towers infrastructure to investment outfit DigitalBridge for €745 million. Telenet will sell 100% of the shares in a newly incorporated direct subsidiary of Telenet Group Holding NV, TowerCo, which will hold all of Telenet’s passive infrastructure and tower assets. Telenet […]