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Fries: “Germany our best investment”

June 13, 2012 08.59 Europe/London By Robert Briel

ANGA CABLE 2012 – Cologne. “We are now two years in Germany and we are very satisfied with the results,” Mike Fries told the audience at the Liberty Global reception.

“We exceeded our expectations, 50% of our growth comes from Germany and the country contributes 25% of our EBITDA. This is our best investment.”

Earlier that day Fries said the German market was “lower and slower”, but now retracted a bit from that statement. “I regret having said that this morning.”

Fries said he is “very excited” to be in the German market. “We are going to do our best work here.”

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Filed Under: Cable, Editor's Choice, Finance, Newsline Edited: 14 June 2012 11:16

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About Robert Briel

Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.

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