Liberty Global has entered into a definitive agreement with Vodafone Group to acquire Vodafone’s 50 per cent shareholding in their Dutch telecommunications joint venture, VodafoneZiggo. Under the terms of the agreement, Vodafone will receive €1.0 billion in cash and a 10 per cent stake in a new Benelux company to be named Ziggo Group which […]
Telco giant Liberty Global has reportedly sent a proposal to Vodafone Group regarding the acquisition of its stake in the Dutch joint venture, fixed-line and mobile operator VodafoneZiggo. Liberty Global has already held negotiations with Vodafone over the last few weeks, according to a Bloomberg report, with a potential deal worth around €2 billion. Liberty […]
Liberty Global has announced that it intends to appoint VodafoneZiggo CEO Stephen van Rooyen as CEO of Ziggo Group, a newly-formed Benelux telecommunications company that will combine VodafoneZiggo in the Netherlands and Telenet in Belgium, creating a scaled regional telecoms champion with 13 million customers. Van Rooyen brings European telecoms and media leadership experience to […]
Liberty Global and Google Cloud have announced a five-year strategic partnership designed to accelerate Liberty Global’s digital transformation and embed AI at scale throughout its European operations. Under the new partnership, Liberty Global customers stand to benefit directly from new services, devices, and TV experiences built with Google’s Gemini models. With approximately 80 million connections […]
John Malone is to step down from his Chairman roles at Liberty Global and Liberty Media, transitioning to Chairman Emeritus. Malone will step down from the Liberty Global Board effective January 1st 2026 and transition to Chairman Emeritus. In this capacity, Malone will continue to provide active counsel and strategic insight to Liberty Global and […]
Liberty Global still thinks it is undervalued as a conglomerate, as CEO Mike Fries told analysts it is currently working on how and when it might be able to separate out its remaining operating assets. Fries was speaking at the company’s Q2 results where it posted revenue of $1.27 billion (€1.1bn), up 20 per cent […]
Liberty Global has reportedly offered voluntary redundancy to around 800 of its 1,900 direct employees as part of restructuring efforts. The company, which has a 50 per cent stakes in Virgin Media O2 and VodafoneZiggo, confirmed the news in a statement to Bloomberg. “We’re reshaping our internal structure so that our operating model is positioned for […]
CommScope, a specialist in network connectivity, has announced that Liberty Global has chosen CommScope to upgrade several networks for virtualised Distributed Access Architecture (DAA) operation in Europe. Liberty Global, a provider of converged broadband, video and mobile communications services will upgrade the DOCSIS fixed access networks of some of its affiliates, including VodafoneZiggo in The […]
Liberty Global has reported Q1 2025 results with consolidated revenue of $1.17 billion (€1.03bn), up 7.3 per cent from Q1 2024, with CEO Mike Fries stating “the balance sheets of our core operating businesses are strong”. In the UK, Liberty Global announced it has paused the sale process of VMO2’s potential network stake to reassess […]
Liberty Global has reported that it “achieved all full-year guidance targets” at Telenet and Virgin Media O2 in the quarter ended December 31st 2024, while VodafoneZiggo “delivered stable revenue and met all other metrics”. The company reported consolidated earnings from continuing operations of $2.33 billion (€2.23bn) for Q4, reversing a loss of $3.36 billion in […]