Advanced Television


Álvarez-Pallete now Chairman of VMO2 Board

The Chairman of Telefónica, José María Álvarez-Pallete, has taken from as Chairman of the Board of Directors of VMO2, replacing Liberty Global CEO Mike Fries. This replacement responds to the agreement established in the creation of the joint venture resulting from the merger between Virgin Media (Liberty Global) and O2 (Telefónica), by virtue of which […]

June 2, 2023

Liberty Global posts Q1 loss

Liberty Global earnings were negative in Q1, posting a loss of $713.5 million (€650.3m) from continuing operations. Adjusted EBITDA was down by 6 per cent to $624.5 million. The company says it suffered from was a combination of subscriber losses and rising energy and labour costs in the quarter. Meanwhile, Liberty revealed it plans to […]

May 10, 2023

VM02 mulls CityFibre bid

UK multiplay operator Virgin Media O2 (VMO2) is reported to be considering a £3 billion (€3.4bn) takeover bid for full fibre altnet CityFibre. Mike Fries, chief executive of VMO2 parent company Liberty Global, is said to have held initial talks with Greg Mesch, Chief Executive Officer at CityFibre. By 2025 CityFibre’s rollout is set to […]

March 20, 2023By Colin Mann

Liberty Global Q4 “delivers in challenging conditions”

Liberty Global has announced its Q4 2022 financial results. Revenue decreased 4.1 per cent YoY on a reported basis and increased 0.8 per cent on a rebased basis to $1.84 billion (€1.74bn). Q4 Adjusted EBITDA decreased 13.4 per cent YoY on a reported basis and 4.4 per cent on a rebased basis to $597.3 million. […]

February 23, 2023

EE mobile infrastructure pilot with Freshwave

EE mobile users in London can now access enhanced 4G and 5G coverage along Queen Victoria Street through a connectivity pilot led by Freshwave. Virgin Media O2 (VMO2) has also signed up to the pilot and is expected to go live early in 2023. In busy areas such as city centres, the number of people […]

December 20, 2022

Liberty Global Q2: “Well positioned”

Converged broadband, video and mobile communications services company Liberty Global has announced its Q2 2022 financial results. CEO Mike Fries stated, “Despite an increasingly difficult macroeconomic environment developing throughout the second quarter, demand for connectivity remains high and we are well positioned to execute on our strategic and financial goals. In each of our core […]

July 29, 2022