Liberty Global to spin off 100% of Swiss Sunrise to shareholders

Liberty Global is to spin off 100% of Swiss operating company Sunrise to shareholders. The company says the spin-off “aims to maximize shareholder value by unlocking the fully distributed value of Sunrise over time, supported by Sunrise’s fully integrated FMC challenger position, attractive growth outlook, excellent expected cash generation and experienced management team”. The international […]

Dutch telcos give up on Eredivisie-Disney deal complaint but keep offer open

The Dutch telecom consortium attempting to wrest Eredivisie football rights from Disney has given up on its complaint to the country’s markets watchdog after the latter issued a preliminary ruling that it saw no competition issue with the Disney deal. The telcos – KPN, VodafoneZiggo, Delta Fiber and Odido – nevertheless called on the Eredivisie […]

VodafoneZiggo secures Africa Cup of Nations

Liberty Global and Vodafone-backed Dutch cable service provider VodafoneZiggo has secured rights to The Africa Cup of Nations. The African football championship for national teams will be aired on Ziggo Sport for the next two editions in 2024 and 2025. From January 13, football fans will be able to watch all matches of the tournament, […]

Liberty Global’s Fries: ‘Grinding’ European telecoms industry needs consolidation

The European telecoms business is badly in need of consolidation, according to Liberty Global CEO Mike Fries. Speaking at the Morgan Stanley’s European Technology, Media & Telecom Conference in Barcelona, Fries said that the European telecoms space remained highly fragmented compared with other parts of the world, and that action is needed to fix this. […]

Liberty Global falls short as price hike hits customer numbers

Liberty Global’s third-quarter earnings and revenue have fallen short of analysts’ expectations, with the cable giant posting a rebased sales drop of 4.3% to US$1.85 billion and a drop in earnings of 66.2% to US$822.7 million. Liberty Global’s adjusted EBITDA dropped 16.9% on a rebased basis to US$597.7 million. The drop in revenue came despite […]

VodafoneZiggo CEO Jeroen Hoencamp to leave

Jeroen Hoencamp is to quit as CEO of VodafoneZiggo. The longstanding chief executive will leave the company on May 1 next year. Hoencamp has been CEO of VodafoneZiggo since the inception of Liberty Global’s Dutch joint venture with Vodafone in 2016. Previously, he was CEO of Vodafone UK and Vodafone Ireland. Hoencamp, who worked for a […]

Liberty Global’s Rodriguez: fibre more cost-efficient, DOCSIS 3.1 still has potential

Fibre offers a “significantly more cost efficient” upgrade path for cable “than both DOCSIS 3.1 and DOCSIS 4.0,” according to Liberty Global CTO Enrique Rodriguez, while DOCSIS 3.1 is in certain circumstances able to deliver ultra-fast bandwidth to suit current and predicted future demand. Speaking on a Morgan Stanley CTO Symposium webinar yesterday, Rodriguez said […]

Liberty Global results hit by price hikes, but maintains outlook

Liberty Global’s subscriber numbers were hit by the impact of price hikes in the second quarter, while the impact of those price rises on revenue has largely still to be felt. Fries said that the company’s commercial momentum had been affected by the price rises across its markets. While these will support EBITDA growth in […]

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