The Competition and Markets Authority is to ask the European Commission to take full control of the review into the merger of Liberty Global’s Virgin Media and Telefonica’s O2.
Olaf Swantee, former CEO of Swiss telco Sunrise, has joined US financial investor Warburg Pincus as a “strategic advisor”.
Liberty Global lost just over 100,000 video RGUs in its continuing European operations in the first three months of this year.
Liberty Global and Telefónica are to create a 50/50 joint venture in the UK that will bring together Virgin Media and O2.
John Malone’s Liberty Global is holding talks that could lead to a merger between cablenet Virgin Media and mobile operator O2.
$1 million is to be donated by CEO Mike Fries as part of a $4 million fund to help Liberty Global employees during the Coronavirus crisis.
German network operators Deutsche Telekom, Tele Columbus and NetCologne are taking legal action against the European Commission’s decision to approve the controversial takeover of Liberty Global’s German cable company Unitymedia by Vodafone.
Liberty Global says its residential cable revenue fell by 0.1% to $1,902.1 million across its European territories after falls in revenue in Switzerland, Belgium and the UK & Ireland.
Liberty Global has expanded its relationship with Plume to give consumers more control over devices connected to their home network. As a result, it will roll out Smart Home Services from Plume across its footprint this year.
Liberty Global and Netflix have agreed on an extension to their distribution deal.