Liberty Global is hoping part-owned Belgian operator Telenet will take advantage of the renewed sale of Wallonia-region cable operator Voo to create a national-scale player in the country, according to CEO Mike Fries. Speaking at the Morgan Stanley European Technology, Media and Telecom conference online last week, Fries said that the acquisition of Voo by […]
Liberty Global has confirmed that it has completed the acquisition of Swiss operator Sunrise. The completed deal is something of a fast turnaround, considering it was announced exactly three months ago. At the time, Liberty said that the combination of Sunrise and its Swiss business UPC would generate revenues of CHF3.1 billion (€2.87 billion) with […]
Despite a difficult financial climate, Liberty Global is still bullish on its planned mergers and acquisitions. Announcing its financial results, Liberty Global confirmed that it has been impacted by the pandemic, with revenues down by 1.3% on an organic basis including US$40 million in “low margin Covid-19 related factors.” Adjusted EBITDA also saw a dip […]
Swisscom has added Liberty Global-owned rival UPC Switzerland’s premium sports service MySports to its TV offering, bringing the country’s popular ice hockey league games to its customers. The move, which follows a reciprocal deal struck between the pair in July whereby the pair agreed the distribution of iMySports, and Swisscom-backed pay TV offering Teleclub on […]
Liberty Global’s Swiss subsidiary UPC Switzerland has secured 82% of the share capital of mobile-focused service provider Sunrise following its public tender offer for the company. The number of Sunrise shares tendered meant that Liberty was able to claim that, subject to confirmation, the minimum acceptance threshold of two thirds of Sunrise’s shares had been […]
Swiss service provider Salt has said it is contemplating legal action against Sunrise in relation to the latter’s planned acquisition by Liberty Global’s UPC Switzerland. The official prospectus for the latter was published today. Salt’s threat of legal action relates to the fibre-to-the-home JV the pair agreed to set up to deploy FTTH networks across […]
Liberty Global has agreed to acquire Swiss telecom operator Sunrise in a move that completely turns around its failed sale of UPC Switzerland to Sunrise last year. Liberty has agreed agreed to make an all cash public tender offer for all publicly held shares of Sunrise at a price of CHF110 per share, representing a […]
Liberty Global has been able to confirm its full-year financial guidance after turning in solid Q2 results that saw revenue fall as a result of the impact of COVID-19, adjusted EBITDA remain flat, and subscriber numbers rise thanks to a rebound in the UK. Revenue dropped by 4.5% to US$2.723 billion as a result of […]
Liberty Global-owned UPC Switzerland has struck a reciprocal agreement for the distribution of its premium sports offering, MySports, and Swisscom-backed pay TV offering Teleclub on each other’s platforms. From this autumn, UPC and Swisscom customers will have equal access to live sport content from both services, further details of the commercial offerings will be made […]
Steffi Buchli, the director of programming and presenter on MySports, the sports service from Liberty Global’s Swiss unit UPC Switzerland, is to leave this summer ahead of taking up a post as chief editor for sport at the Blick Group publishing outfit, part of the Ringier Group, from January 2021. UPC said that she Buchli […]
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.@NetflixUK content spend to reach US$1 billion in 2020 digitaltveurope.com/2020/11/25/net… https://t.co/ivSKLKkqVt
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