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 […]
A report from Liberty Global and EY suggests that the strategic adoption of AI in the telco sector has the potential to drive major sustainability gains over the next decade. The report – Smarter networks, greener planet – takes an in-depth look at how the telecommunications industry can harness AI in the coming years to […]
Greg Maffei is stepping down as Liberty Media CEO at the end of 2024. John Malone will assume the role of interim CEO. This week the company said it plans to split off the Liberty Live Group, which would be comprised of 69.6 million shares of Live Nation Entertainment and Quint, among other assets. The […]
Liberty Global has completed the previously announced spin-off of its Swiss business, Sunrise, into a separate publicly traded company. The completion follows the approval of the transaction at a special meeting of Liberty Global shareholders on October 25th. Liberty Global will continue to own and operate its Liberty Telecom businesses in Belgium, Ireland, Slovakia, the […]
Liberty Media, controlled by billionaire John Malone, has reported its Q3 earnings. The company has split off its holdings in Sirius XM into a new tracking stock, Sirius XM Holdings, which simplifies ownership into a new consolidated public company. Shareholders of Liberty Sirius XM now own approximately 81 per cent of new Sirius, with former […]
US pay-radio operator SiriusXM has released its Q3 results, reporting revenue of $2.17 billion (€2bn), a 4 per cent decline on the same period a year ago. However, the company has gone through a major restructuring associated with the acquisition of the SiriusXM by Liberty Media. This translated into a net loss of $2.96 billion. […]
Unified Streaming, a streaming software company, has hired Valentijn Siebrands, an industry veteran, as its new streaming solutions manager. The company also hired Arne Dibbits as its new head of customer success. Recruiting Siebrands and Dibbits to the Unified Streaming team signals that the company is not only prioritising bolstering ties with its current customers, […]
Seven European cellular operators have issued negative comments on SpaceX’s plans to use its Starlink broadband satellites to provide ‘Direct-to-Cellular’ (D2C) services to consumers. Seven companies – including Vodafone, Liberty Global, Orange, PPF Telecom, Telefonica, Telenor and United Group – have told the FCC they’ll sue if the Commission loosens its rules for SpaceX’s cellular […]
Warner Bros. Discovery (WBD) has announced that Daniel E Sanchez will join the Company’s Board of Directors effective October 1st, and stand for election by the Company’s stockholders at the 2025 Annual Meeting of Stockholders. At its recent meeting, the Board adopted a resolution to increase the size of the Board to twelve directors, and […]
Liberty Global has announced its Q2 2024 financial results. CEO Mike Fries stated, “Q2 has been another active quarter as we’ve continued to drive our strategic priorities; maximising the value of our FMCs, leveraging our Ventures portfolio, and taking steps to deliver that value directly to shareholders over time. ” “Our plan to spin-off Sunrise […]