Cable television companies

Liberty Global Supports Cancellation of Sunrise EGM

Retrieved on: 
Tuesday, October 22, 2019

Liberty Global plc (Liberty Global or the Company) (NASDAQ: LBTYA, LBTYB and LBTYK) announced today that it supports the cancellation of Sunrise Communications Extraordinary General Meeting (EGM), which had been scheduled to take place Wednesday, October 23, 2019.

Key Points: 
  • Liberty Global plc (Liberty Global or the Company) (NASDAQ: LBTYA, LBTYB and LBTYK) announced today that it supports the cancellation of Sunrise Communications Extraordinary General Meeting (EGM), which had been scheduled to take place Wednesday, October 23, 2019.
  • Sunrise was seeking approval for an ordinary capital increase by way of a rights offering to finance its pending acquisition of UPC Switzerland.
  • Sunrise has reviewed the vote tally, including the intention of its largest shareholder Freenet to vote against the deal, and determined that the proposal was unlikely to be approved by shareholders.
  • In addition, the commitments by Liberty Global in the recently announced Conditional Rights Purchase Agreement will lapse and thereby terminate.

Liberty Global Announces CHF 500 Million Conditional Rights Purchase Commitment for Sunrise’s Financing of UPC Switzerland Acquisition

Retrieved on: 
Monday, October 14, 2019

Liberty Global plc (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) and Sunrise Communications AG (Sunrise) today announced an agreement whereby Liberty Global will support Sunrises rights offering related to the acquisition of UPC Switzerland1.

Key Points: 
  • Liberty Global plc (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) and Sunrise Communications AG (Sunrise) today announced an agreement whereby Liberty Global will support Sunrises rights offering related to the acquisition of UPC Switzerland1.
  • Liberty Global has agreed to support the Sunrise rights offering up to an aggregate amount of CHF 500 million2 through the purchase of tradeable subscription rights at market prices and the subsequent purchase of newly issued shares, if any, in the rights offering.
  • Sunrise and Liberty Global have also agreed that Liberty Global will receive one board seat nomination as long as its shareholding exceeds 5%.
  • The obligation of Liberty Global to acquire subscription rights is subject to certain conditions described further in the agreement with Sunrise.

Liberty Global’s GigaCity Broadband Rollouts Accelerate

Retrieved on: 
Monday, September 30, 2019

It means that millions of Liberty Global GigaCity customers now have access to 1 Gigabit broadband speeds, allowing them to download an Ultra High Definition 4K film at a dramatically higher rate, and use multiple streaming devices at the same time.

Key Points: 
  • It means that millions of Liberty Global GigaCity customers now have access to 1 Gigabit broadband speeds, allowing them to download an Ultra High Definition 4K film at a dramatically higher rate, and use multiple streaming devices at the same time.
  • Liberty Globals Swiss operating company, UPC Switzerland, also launched 1 Gigabit speeds across its entire footprint last week, both in cities and rural areas.
  • Mike Fries, CEO, and Liberty Global, said: Once again, we are creating the next-generation of broadband in Europe.
  • Our latest GigaCity rollouts show that we are the speed leader, but thats just the start security, reliability and privacy are just as important as fast broadband.

Liberty Global Schedules Investor Call for Third Quarter 2019 Results

Retrieved on: 
Friday, September 13, 2019

In addition to the dial-in teleconference, a summary investor presentation and listen-only webcast will be available within the Investor Relations section of www.libertyglobal.com .

Key Points: 
  • In addition to the dial-in teleconference, a summary investor presentation and listen-only webcast will be available within the Investor Relations section of www.libertyglobal.com .
  • The webcast will be archived in the Investor Relations section of the Companys website for at least 75 days.
  • Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is one of the worlds leading converged video, broadband and communications companies, with operations in six European countries under the consumer brands Virgin Media, Telenet and UPC.
  • We invest in the infrastructure and digital platforms that empower our customers to make the most of the digital revolution.

Liberty Global Reiterates Commitment to Binding Terms of Sunrise’s Acquisition of UPC Switzerland

Retrieved on: 
Tuesday, August 27, 2019

Liberty Global notes the recent statements by Freenet AG and Sunrise Communications with respect to the proposed acquisition of Libertys Swiss operation by Sunrise, announced on February 27, 2019.

Key Points: 
  • Liberty Global notes the recent statements by Freenet AG and Sunrise Communications with respect to the proposed acquisition of Libertys Swiss operation by Sunrise, announced on February 27, 2019.
  • Liberty Global is fully committed to completing the transaction as agreed.
  • The company has not had any discussions regarding amending the binding transaction terms, and has no intention or interest in doing so.
  • We are pleased with the continued turnaround by UPC Switzerland, as demonstrated in our recently published earnings announcement.

Liberty Global Completes the Sale of Its Operations in Germany, Hungary, Romania and the Czech Republic to Vodafone

Retrieved on: 
Wednesday, July 31, 2019

Liberty Global plc (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) today announced that it has completed the sale of its operations in Germany, Hungary, Romania and the Czech Republic to Vodafone Group plc (Vodafone) for approximately 19.0 billion ($21.3 billion)1 on a U.S. GAAP basis2.

Key Points: 
  • Liberty Global plc (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) today announced that it has completed the sale of its operations in Germany, Hungary, Romania and the Czech Republic to Vodafone Group plc (Vodafone) for approximately 19.0 billion ($21.3 billion)1 on a U.S. GAAP basis2.
  • Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is one of the worlds leading converged video, broadband and communications companies, with operations in six European countries under the consumer brands Virgin Media, Telenet and UPC.
  • We invest in the infrastructure and digital platforms that empower our customers to make the most of the digital revolution.
  • We also serve 6 million mobile subscribers and offer WiFi service through millions of access points across our footprint.

Liberty Global Schedules Investor Call for Second Quarter 2019 Results

Retrieved on: 
Friday, June 21, 2019

In addition to the dial-in teleconference, a summary investor presentation and listen-only webcast will be available within the Investor Relations section of www.libertyglobal.com .

Key Points: 
  • In addition to the dial-in teleconference, a summary investor presentation and listen-only webcast will be available within the Investor Relations section of www.libertyglobal.com .
  • The webcast will be archived in the Investor Relations section of the Companys website for at least 75 days.
  • Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is the worlds largest international TV and broadband company, with operations in 10 European countries under the consumer brands Virgin Media, Unitymedia, Telenet and UPC.
  • We also serve 6 million mobile subscribers and offer WiFi service through 12 million access points across our footprint.

Portugal Mobile Infrastructure, Broadband, Operators Statistics and Analyses 2019-2023 - ResearchAndMarkets.com

Retrieved on: 
Monday, June 17, 2019

The "Portugal - Mobile Infrastructure, Broadband, Operators - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Portugal - Mobile Infrastructure, Broadband, Operators - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.
  • The Portuguese mobile market is dominated by the incumbent Portugal Telecom, owned by Altice Group and operating as Meo, followed by Vodafone and NOS.
  • The MVNO market remains undeveloped, partly because network operators have their own low-cost brands.
  • This report profiles Portugal's mobile market, providing statistics on network operators, a review of the key regulatory issues, a snapshot of the consumer market, and an analysis of mobile data services.

Liberty Global Announces Management Change in Europe

Retrieved on: 
Monday, June 17, 2019

The anticipated sale of UPC Switzerland to Sunrise values the asset at 10x Estimated 2019 Adjusted Segment OCF1 and represents a significant return to Liberty Global.

Key Points: 
  • The anticipated sale of UPC Switzerland to Sunrise values the asset at 10x Estimated 2019 Adjusted Segment OCF1 and represents a significant return to Liberty Global.
  • I want to thank Eric for his commitment and years of loyal service, said Mike Fries, CEO, Liberty Global.
  • And, as his track record shows, he is a shining example of our homegrown talent at Liberty Global.
  • 1 Please refer to the Liberty Global press release dated February 27, 2019 announcing the sale of UPC Switzerland to Sunrise Communications Group for more detail.

Teleste Continues its Cooperation With Belgian Cable Operator VOO as Part of VOO's Digitization programme

Retrieved on: 
Thursday, May 16, 2019

TURKU, FINLAND, May 16, 2019 /PRNewswire/ --Teleste is continuing its cooperation with the Belgian cable operator VOO (Nethys) to deploy Teleste's Luminato digital headend solution as part of VOO's Digitization programme.

Key Points: 
  • TURKU, FINLAND, May 16, 2019 /PRNewswire/ --Teleste is continuing its cooperation with the Belgian cable operator VOO (Nethys) to deploy Teleste's Luminato digital headend solution as part of VOO's Digitization programme.
  • It allows the creation of specific and customized TV packages that are consumed within the business customers own network.
  • "We look forward to continuing our cooperation with Teleste to provide us with the latest video processing technology on the market.
  • Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society.