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Liberty Global revenues rise 1.2% in Q4, again weighed by Belgium, Switzerland
2019-02-28 09:25:00| Telecompaper Headlines
(Telecompaper) Liberty Global noted that it has put its operations in Germany, Hungary, Romania and the Czech Republic, along with its DTH operations and its former operations in Austria, plus the LiLAC Group, into discontinued operations. The company said that together, all the disposals represent a total enterprise value of USD 31 billion and net cash proceeds to the company, when completed, of USD 16 billion. The company will continue to be the largest cable operator in the UK, Ireland, Belgium, Poland and Slovakia, and also generate RGUs and revenue from its VodafoneZiggo joint venture in the Netherlands. The sale of Vodafone is still on track, with completion seen happening in mid-year. The company also started a broad reorganisation plan in January aimed at streamlining its operating structure.
Tags: global
rise
switzerland
belgium
Liberty Global confirms sale of UPC Switzerland unit to Sunrise
2019-02-27 22:49:00| Telecompaper Headlines
(Telecompaper) Liberty Global has reached a binding agreement to sell its Swiss subsidiary, UPC Switzerland, to Sunrise Communications Group, in a deal valuing the Swiss unit at CHF 6.3 billion.
Tags: sale
global
unit
switzerland
Liberty Global to sell UPC Switzerland to Sunrise
2019-02-27 22:30:02| Digital TV News
Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) has announced that it has agreed to sell its Swiss operation, UPC Switzerland, to Sunrise Communications Group. The transaction will create the leading converged challenger in the market.
Tags: sell
global
switzerland
liberty
Last week in telecoms: tower companies in focus on Italian consolidation, Liberty Global among biggest winners YTD
2019-02-25 11:00:00| Telecompaper Headlines
(Telecompaper) Inwit, an Italian tower company with a market capitalisation of EUR 4.9 billion, was at the centre of corporate actions, last week. It reported Q4 results and added its business plan for the next three years. The main news however was an expanded network sharing agreement of its majority shareholder TIM (60%) and Vodafone Italia. They plan to inject their 22,000 piece combined tower portfolios to become equal shareholders of Inwit. Other important news came from Telefonica, losing Vivendi as a shareholder, selling its Central American assets and possibly its datacenters. The Telecompaper Stock Index European Telecoms was up 1.9 percent in week 8, outperforming the EuroStoxx 50 index, which was up 0.9 percent. The biggest winners were Forthnet (+26%), Intred (+8.8%), Telekom Austria (+8.7%) and Inmarsat (+8.3%).
Tags: week
global
companies
focus
Sunrise discussing possible UPC Schweiz acquisition with Liberty Global
2019-02-05 22:30:57| Digital TV News
Sunrise Communications has noted recent media and market speculation regarding a potential transaction with UPC Schweiz, a subsidiary of Liberty Global. Sunrise confirms it is in discussions regarding a possible acquisition.
Tags: global
acquisition
liberty
discussing
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