Liberty Global Europe Holding B.V. and Vodafone International Holdings B.V. have completed the transaction to combine their Dutch operations to form a 50:50 joint venture, to be called VodafoneZiggo.
The European Commission’s vision of a “Gigabit Society” by 2025 will require investors in broadband networks to deploy multiple technologies.
Liberty Global’s chief executive Mike Fries said that there will probably be no more JV deals with Vodafone along the lines of the Dutch agreement.
Liberty Global plans the first DOCSIS 3.1 implementations on the cable networks across its European footprint in 2017, CEO Mike Fries told Broadband TV News at the company’s Technology Summit 2016 in Amsterdam.
WATCH VIDEO. Liberty Global has signed an agreement with Netflix that integrates the app into devices in more than 30 countries.
Liberty Global can see more expansion coming in Europe, but the company won’t pursue growth for growth’s sake, says chief Mike Fries.
Liberty Global will acquire Caribbean cable operator Cable & Wireless Communications in a cash and stock deal valued at $5.3 billion.
The amount of money Liberty Global spend on linear channel carriage will decline and shift to online rights, digital rights, On Demand rights, and SVOD rights.
Liberty Global is finding the Netherlands a tough and highly competitive market with incumbent telco KPN making life difficult for the new Ziggo.
“We have Netflix to thank,” said Liberty Global’s Mike Fries during Round One of the traditional ‘elephants round’ at this year’s ANGA COM.