The measures proposed by Vodafone to the EU Commission to obtain approval for the acquisition of Unitymedia miss the point, according to German commercial broadcaster association VAUNET.
German cable operator association FRK rejects the concessions proposed by Vodafone to the European Commission to secure approval of its planned acquisition of Unitymedia from Liberty Global.
German telco Deutsche Telekom unites its Austrian subsidiary T-Mobile Austria with its newly acquired cable operator UPC Austria under the new name Magenta Telekom.
Liberty Global saw the revenue of its continuing operations contract by 0.6% to $2.87 billion in Q1.
Vodafone has offered concessions to gain approval from the European Commission for its planned takeover of Liberty Global’s German cable operator Unitymedia.
During the first quarter VodafoneZiggo’s revenue declined by 1% to €963 million, primarily driven by lower mobile handset sales. The company’s total subscription and service revenue remained flat.
Telenet has launched its next-generation TV entertainment platform, Horizon 4 – known as the Telenet TV Box – in Belgium.
Liberty Global has appointed Lutz Schüler as the new CEO of Virgin Media, the company’s cable operations in the UK and Ireland, effective June 11, 2019.
Virgin Media is to become the first Liberty Global company to integrate the Amazon Prime Video app into its TV platform.
Vodafone can breathe a sigh of relief: The EU Commission’s concerns about the takeover of large parts of Liberty Global’s cable business in Europe are apparently smaller than expected.