Liberty Global Ventures, the investment arm of Liberty, and InfraVia Capital Partners, an independent private equity firm specialised in infrastructure and technology investments, have set up a new Joint Venture (JV) aimed at assessing the opportunity in building fibre-to-the-home networks in Germany. The 50:50 JV, which is subject to regulatory approval, sees the two companies […]
Analysts at investment bank Berenberg, while admitting that the John Malone-controlled suite of businesses under the Liberty Global banner represents a “complex case” to analyse, nevertheless – and it says with its eyes wide open – believes that Liberty’s prospects are solid. Berenberg is raising its advice on Liberty Global to ‘BUY’ (from ‘HOLD’) and […]
Liberty Global has reached a definitive agreement to sell 100 per cent of its operations in Poland to iliad’s Polish mobile subsidiary Play. At June 30th 2021, Liberty Global’s networks in Poland passed 3.7 million homes and served 1.5 million customers who subscribed to 1.3 million broadband, 1.4 million video, and over 600,000 telephony services. […]
Nearly three million Liberty Global customers in Poland and the Netherlands are to receive a free upgrade to the Intelligent WiFi services, providing them with the fastest and most stable connections for all their devices. The upgraded services are being rolled out in partnership with the SaaS experience platform provider, Plume. Liberty Global has invested […]
Liberty Global, the multinational telco, has announced its Q2 2021 financial results. The company posted a quarterly revenue of $3.1 billion (€2.6bn) – an increase of 14.1 per cent year-on-year on a reported basis, and 3.4 per cent on a rebased basis. Despite the rises in revenues and profits, Liberty Global’s overall subscriber growth slowed […]
Airties, a supplier of managed Wi-Fi solutions to service providers globally, has appointed Nicolas Fortineau as Executive Vice President and Chief Marketing Officer. “We are very proud to have Nicolas Fortineau join our senior leadership team,” said Philippe Alcaras, CEO of Airties. “Our mission is to empower service providers to deliver the best managed Wi-Fi […]
Reports have emerged that Liberty Global has put its Virgin Media Ireland broadband TV business up for sale. The unit was not included in the recent merger between Liberty Global’s UK Virgin Media multiplay operator and Telefónica’s O2 mobile telco. Liberty Global, is understood to have hired telecoms investment bank LionTree to sound out buyers […]
The technology R&D partner and employee-owned company, Consult Red, has recruited Paul Stevenson as its new CFO. Stevenson will sit on Consult Red’s Board and join its Executive Leadership Team as the company drives further growth propelled by increasing demand for ‘Internet of Things (IoT) smart, connected products and streaming TV devices. Consult Red works […]
Liberty Global and Digital Colony, a global investment firm dedicated to digital infrastructure, have announced the creation of AtlasEdge Data Centres. Liberty Global and Digital Colony expect the transaction to close in Q3 2021 subject to approvals. AtlasEdge will deliver services via an extensive network of facilities located close to consumer and enterprise end users, […]
Following a provisional clearance in April 2021, the UK’s Competition and Markets Authority (CMA) is now allowing the proposed merger of Virgin Media and Virgin Mobile with O2 to go ahead. Both Virgin and O2 sell wholesale services to a number of mobile operators in the UK. Virgin supplies wholesale leased lines to mobile operators […]