US telco multinational Liberty Global has announced its Telenet Belgian subsidiary is acquiring Belgian mobile network operator BASE Company from Dutch telco KPN for €1.325 billion. Liberty has positioned the acquisition as a “unique opportunity to drive mobile services on attractive financial terms”.
Vodafone is planning to launch a TV service in Ireland in a bid to compete with UPC, Sky and Eircom, a report in the Independent.ie has claimed. According to the article, the operator has held discussions with several providers, including Sky, and is planning to begin trials of the service before the summer to fully launch by the end of the year
Virgin Media and its owner Liberty Global have announced a five-year investment plan dubbed ‘Project Lightning’, involving a £3 billion boost to upgrade and extend the UK broadband provider’s internet infrastructure.
Liberty Global has announced that together with investment firm Searchlight, it has signed an agreement to acquire Puerto Rican Choice Cable, the territory’s second largest cable and broadband services provider. If successful in its bid, the cable giant will merge Choice with its subsidiary Liberty Cablevision Puerto Rico (LCPR).
The Chief Executive of Orange, Stephane Richard, has dropped a hint about the ongoing discussions with BT over a possible acquisition of EE, allegedly stating that he’s expecting a decision from the British telco in the next few weeks.
In the wake of BT’s acquisition talks with the owners of EE and O2, Vodafone is reportedly considering a bid for the cable group Liberty Global. It has been reported the mobile operator already approached LG earlier this year, but found price expectations too high.
A coalition of 14 European mobile operators has warned of the damaging effects that the European Commission’s plans regarding the abolition of roaming charges could have on competition in the region.
Cable operators will increasingly find it hard to compete if they don’t offer mobile services, according to Liberty Global executive Diederik Karsten. Speaking at Cable Congress in Amsterdam, Karsten, who is Liberty’s executive vice president of broadband operations, said that mobile now an incremental part of the firm’s service portfolio and “makes our product complete.”
Cable CEOs debated the future of convergence between their own networks and mobile services at Cable Congress in Amsterdam this week. Leading executives said that cable operators are becoming mobile companies as consumption of content migrates to mobile.
International cable group Liberty Global is to acquire Dutch cable operator Ziggo outright, in a deal that values the firm at €10bn. Last year, the firm acquired British cable firm Virgin Media for $24bn and said at the time that it intends to create the “world’s leading broadband communications company”. Ziggo offers television, internet and telephony services in the Netherlands.
On September 2, 2013, Vodafone and Verizon announced that they had reached an agreement for Vodafone to sell its 45 per cent stake in Verizon Wireless back to Verizon for $130bn. Ovum believes that the deal is good for both parties, but that the decision to return 65 per cent of the proceeds from the sale back to shareholders is short-sighted. It may make Vodafone CEO Vittorio Colao popular, but we don’t believe that he will have enough left to future proof the business.
Vodafone put a price on the sale of its 45 per cent share in Verizon Wireless to Verizon in another short statement on Sunday, sizing the deal at $130bn (£83.4bn) in cash and common Verizon stock. While the firm described the talks as “advanced”, and despite reports on Sunday and Monday that the deal is all but done, a formal announcement has yet to be made.
Liberty Global shares rose sharply yesterday on speculation that Vodafone could use cash freed up by its exit from Verizon Wireless to acquire the international cable giant.
Vodafone has launched an MVNO in partnership with UK retailer Sainsbury’s. The 50/50 joint venture, which will operate under the brand ‘Mobile by Sainsbury’s’ will launch later this summer, led my a management team of existing Vodafone and Sainsbury’s executives.
German fixed broadband and TV operator Kabel Deutschland has confirmed that it has received an acquisition approach from international cable provider Liberty Global. The move follows an offer from Vodafone last week. No details on the size of either offer have been made public and the prospect of a bidding war now looms.
Negotiations between international cable operator Liberty Global and cable, fibre and ADSL network operator Virgin Media appear to have been successful, as the former has announced that it has entered into an agreement to acquire Virgin Media for approximately $23.3bn.
International cable operator and media company Liberty Global is in talks with Virgin Media to buy out the UK-based cable operator and mobile service provider in a deal that could shake up the UK market.
https://t.co/TiqMhWaIFG Intelligence recently undertook an industry survey into 5G's first year performance. Read t hhttps://t.co/jer3lJiwFR
18 September 2020 @ 12:30:38 UTC
SoftBank sell-off continues as it flogs Brightstar https://t.co/MPelrPNuwk #Corporate #Funding
18 September 2020 @ 12:14:02 UTC
Smartphone market headed for mid-range mediocrity https://t.co/lzASimT7Ju #HandsetsDevices #forecast
18 September 2020 @ 11:07:32 UTC
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