O2 and Virgin Media are merging to form BT-busting connectivity giant
Telefonica and Liberty Global have confirmed plans to merge UK operations, O2 and Virgin Media, to challenge the connectivity market leader BT.
Telefonica and Liberty Global have confirmed plans to merge UK operations, O2 and Virgin Media, to challenge the connectivity market leader BT.
Two years ago, O2 CEO Mark Evans said he was not convinced by the idea of convergence, but as merger talks between O2 and Virgin Media swell, the telco has entered into moonwalking mode.
Sunrise has cancelled an Extraordinary General Meeting (EGM) to secure acquisition funds to acquire UPC Switzerland after investors rejected the move.
Some might suggest this is a knee-jerk reaction to the intentions of an activist investor, though the vulture fund should not be able to claim credit for this one.
Sky is reportedly in discussions with Liberty Global to add further fuel to the full-fibre machine which is engulfing the UK at an increasing rapid rate.
The European Commission has given the all-clear for Vodafone’s €18.4 billion acquisition of Liberty Global’s cable operations in Germany, Hungary, Czech Republic and Romania.
Telefónica Deutschland will be able to sell services that run on the combined Vodafone and Unitymedia cable network in Germany.
The European Commission has apparently notified Vodafone of some concerns it needs to be addressed before it will approve its acquisition of Liberty Global assets.
Liberty Global has continued its great withdraw from the European markets with another sale, this time convincing Sunrise its 1 million Swiss customers are worth $6.3 billion.
Liberty Latin America has terminated its conversations regarding a potential acquisition of Millicom International.
The UK market proved to a be a success over the last three months for Liberty Global, though the same could not be said for the Belgium and Swiss operations.
Liberty Global is the latest telco to join the HomeGrid Forum, having already deployed a G.hn wifi extender solution to improve connectivity in the home.
Ericsson’s PR efforts currently seem devoted to promoting its managed services division and a pan-European fixed line gig with Liberty Global presents some low-hanging fruit.
Enrique Rodriguez, who only joined DVR company Tivo as CEO last November, has been poached by Liberty Global to be its CTO.
With Liberty Global selling a bunch of its German stuff to Vodafone it has decided to recycle an exec it would otherwise lose.
Liberty Global offloading non-core assets isn’t the only bit of news coming out of the offices today as Virgin Media’s Project Lightning continues to defy its name.
The acquisition has been bubbling away behind the scenes for months, but Vodafone’s €18.4 billion acquisition of Liberty Global assets in Germany and eastern Europe will test the resolve of regulators.
Liberty Global has announced the beginning of a new project which will transform it communicates with customers, leaning on the ‘conversational commerce’ idea championed by Amazon.
Vodafone has confirmed it is in preliminary discussions with Liberty Global over an acquisition of some measure.
Liberty Latin America is now officially an independent, publicly-traded company, listed on the NASDAQ Global Select Market, after the split from parent-company Liberty Global.
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