Europe is trending towards “national champions” as convergence creates two or three service provider leaders in each market, according to Liberty Global CEO Mike Fries. Speaking at Deutsche Bank’s Annual Media, Telecoms and Business Services Conference, Fries said that it was Liberty’s goal to either be one of these ‘national champions’ or to enable one […]
Liberty Global has no intention of “dismantling” its European business and remains committed to growing its business in markets where it can achieve national scale, according to president and CEO Mike Fries. Speaking to analysts after the company reported mixed Q4 results, Fries said that Liberty remained committed to its core European markets. The cable […]
OTT TV and cord-cutting is not a significant threat to network-based pay TV operators in Europe, in contrast with the US market, according to Liberty Global president and CEO Mike Fries. Speaking at Citi’s 2018 Global TMT West conference, Fries said that “Europe is not the US”, being still a “local market” with local national […]
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 is likely to look at M&A opportunities at a national level primarily but its main focus is its platform and delivering value for shareholders, according to president and CEO Mike Fries. Interviewed on stage at the UBS Annual Global Media and Communications conference, Fries, asked about the potential for a merger with Vodafone […]
Liberty Global is looking at a possible sale of its Swiss and Austrian operations, according to a report in UK newspaper The Telegraph. The move could help pave the way for a £175 billion merger between the cable giant and Vodafone. According to The Telegraph, citing unnamed sources, Liberty is working on a potential disposal […]
Liberty Global intends “at some point to have [its] entire European digital footprint operating on a common platform and perhaps a common UI”, according to president and CEO Mike Fries. Speaking to analysts after Liberty announced its Q3 results, Fries said that the company was “heading towards a common video platform everywhere in Europe, which […]
Liberty Global is benefitting from a fragmented, and in some cases still underdeveloped, OTT market in Europe according to CEO Mike Fries. Speaking on Liberty’s second quarter earnings call, Fries described the “steady improvement in the video business” as one of Liberty’s “untold stories”. He said that a number of factors are contributing to the […]
Liberty Global remains committed to developing convergent offerings despite an ongoing industry-wide decline in mobile revenues, according to president and CEO Mike Fries. Talking to analysts after the cable giant reported its latest quarterly figures, Fries said that “strategically, we cannot afford to stand still, and we are not standing still” in developing a mobile […]
Liberty Global CEO Mike Fries will be the first of two general session keynote speakers at the SCTE-ISBE Cable-Tec Expo organised by the Society of Cable Telecommunications Engineers (SCTE) in Denver in October. Fries, who will speak on October 18, will discuss a wide range of topics during his keynote conversation, including how the convergence […]
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