Liberty Global, which owns the UPC and Unitymedia cablescos, says it is maintaining its monthly content costs at under $2 per subscriber despite pressure from content providers looking to derive additional revenues from new HD and VOD services.
Liberty Global has bounced back into profit, its net income of $278.5 million (€198.4 million), equivalent to $0.99 per diluted share, in the third quarter being in sharp contrast to the net loss of $120.3 million, or $0.45 per diluted share, it posted in the same period last year.
Liberty Global CEO Mike Fries has told how the operator evaluated the TiVo content discovery system before opting for the multimedia home gateway that will run on technology designed to distribute voice, video and data around the home.
Liberty Global (LGI) has posted significantly higher losses than expected for the second quarter. However, there was also much to cheer the company, with strong growth in advanced RGU take-up and digital cable penetration rising to over 40%.
Fierce competition amongst cable operators is providing residents of such cities as Bucharest, Budapest and Warsaw with much faster internet access speeds than in many Western European cities, according to Manuel Kohnstamm, MD public policy and communications, Liberty Global.
UPC’s new high-end set-top box will combine linear and on-demand television, content stored on the home network and the open Internet. Details of the new receiver being adopted by parent company Liberty Global were revealed by Ivo Lochtman, content director of UPC Netherland at the Mediapark Jaarcongres in Hilversum. “We will bring the content that […]
NCTA Cable Show 2010 – Los Angeles. Two major European operators, Virgin Media and Liberty Global, are planning their ‘next generation’ cable box which will unlock the online world. Speaking during a session on European cable, Liberty’s Mike Fries (left) and Virgin’s Neil Berkett explained their game plans. “IP home gateways are the future,” according […]
Liberty Global has given details of its Multimedia Home Gateway and the technology partners it will work with to deliver the next generation device. The international cableco that runs UPC, Telenet and Unitymedia has brought in Samsung, Intel Corporation and NDS. The multimedia home gateway will be an all IP platform capable of distributing video, […]
Liberty Global’s acquisition of Unitymedia in January has impacted strongly on its Q1 results. The UPC Broadband Division has posted revenues of $2,178.9 million (€1,710.2 million) for the quarter, an increase of 28.4% on the same period in 2009.
ANGA Cable 2010 – Cologne. The head of Unitymedia has said the second largest cablenet in Germany is on the lookout for further takeover targets in the market. In an interview with Financial Times Deutschland Gene Musselmann, who is also the President of UPC Broadband, said he anticipated a consolidation in the market.