Mike Fries

Liberty Global in counter-bid for Kabel Deutschland

Kabel Deutschland (KDG) has confirmed that it has received a counter-offer from Liberty Global following Vodafone’s bid to acquire the cable operator. KDG said it had received a “preliminary proposal” from Liberty Global, with no certainty at this stage that a transaction would result or what the term would be. According to the UK Financial […]

Virgin Media deal to close Friday, LG would like to be “bigger in Germany”

With Liberty Global’s deal to acquire Virgin Media expected to close on Friday following Liberty shareholder agreement to the purchase, Liberty president and CEO Mike Fries said the company “had plenty of money left for Germany”. Speaking on the opening panel at ANGA COM, Fries said “Germany is our fastest growing market”. Eighty per cent of […]

German cable and pubcasters still at loggerheads over retrans fees

No agreement is in sight between Germany’s biggest cable operators and the country’s public broadcasters over the latter’s refusal to pay retransmission fees for their services. “We seriously believe that our legal position is correct and we are willing to defend it at all levels,” said Kabel Deutschland CEO Adrian von Hammerstein, speaking on the […]

Liberty Global’s Fries to take part in ANGA COM

Liberty Global president and CEO Mike Fries will take part in the forthcoming ANGA COM TV Summit, which takes place in Cologne from June 4-6. Fries will take part in the TV Summit, which will focus on the topic “Networks and Content: Who pays the Bill?” alongside Karola Wille, chairwoman, Mitteldeutscher Rundfunk, Conrad Albert, managing […]

Liberty subs grow, on track for Virgin Media deal completion

Liberty Global reported higher subscriber numbers and revenues in the first quarter and said it was on-track to complete its Virgin Media buyout and continue rolling out its Horizon TV platform. As of March 31, the European cable giant said that it had 19.7 million customers, a year-on-year increase of 158,800, who received 35.2 million […]

German cable needs to consolidate; Horizon launch planned for 1H13

The German cable industry needs to be given the opportunity to consolidate in order to compete effectively with much larger telecom competitors, according to Liberty Global president and CEO Mike Fries. Taking part in the opening panel session at ANGA Cable this morning, Fries said that cable is still a small business relative to the […]

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