Virgin Media O2 together with its shareholders, Liberty Global and Telefónica, have initiated plans to create a national fixed network company (NetCo) that that they say will “underpin full fibre take up and roll out; provide new financing optionality and a platform for potential altnet consolidation opportunities; and establish the biggest dedicated fixed network challenger […]

nexfibre, the next generation fibre network operator, has published the first quarterly update of its nationwide rollout plan. The plan details the significant progress nexfibre continues to make towards its mission of reaching 5 million premises across the UK by 2026, with more than 500,000 premises passed and ready for service (RFS) at the end […]

Liberty Global and Infosys have expanded their collaboration to evolve and scale Liberty Global’s digital entertainment and connectivity platforms. Building on their existing multi-year collaboration which has supported Liberty Global’s technology services platforms since February 2020, the companies will significantly expand the programme, with Infosys taking over build and operations of Liberty Global’s Horizon entertainment […]

Liberty Global has announced its Q2 2023 financial results, with CEO Mike Fries stating: “We saw improved sequential Adjusted EBITDA performance in Q2, underpinning the confirmation of all full-year guidance targets across our core FMC operations. Demand for reliable high-speed connectivity remains strong and despite communicating price adjustments across our footprint, we delivered broadly stable […]

The UK Infrastructure Bank has made a £250 million (€291m) debt investment in new next generation fibre broadband company nexfibre which is rolling out full-fibre broadband to 5 million homes across the UK by 2026. As part of its commitment to investing in infrastructure that tackles climate change and boosts regional and local growth, the […]

Responding to media speculation, UK commercial broadcaster ITV has confirmed that further to its announcement on June 16th, it continues to monitor but is no longer actively exploring the possible acquisition of TV production house All3Media. “ITV plc assesses all potential value-creating M&A opportunities against its strict financial criteria and disciplined capital allocation framework,” it […]

In response to recent media speculation, UK commercial broadcaster ITV has confirmed that it is actively exploring the possible acquisition of TV production house All3Media. In a letter to shareholders it said: “There can be no certainty as to whether any transaction will take place, nor as to the terms of any such transaction. A […]

Liberty Global has announced the publication of the prospectus related to the voluntary and conditional public takeover bid by its indirect wholly-owned subsidiary, Liberty Global Belgium, for all the shares of Telenet that Liberty Global Belgium does not already own or that are not held by Telenet. In conjunction with the prospectus, the Board of […]

The Chairman of Telefónica, José María Álvarez-Pallete, has taken from as Chairman of the Board of Directors of VMO2, replacing Liberty Global CEO Mike Fries. This replacement responds to the agreement established in the creation of the joint venture resulting from the merger between Virgin Media (Liberty Global) and O2 (Telefónica), by virtue of which […]

Liberty Global earnings were negative in Q1, posting a loss of $713.5 million (€650.3m) from continuing operations. Adjusted EBITDA was down by 6 per cent to $624.5 million. The company says it suffered from was a combination of subscriber losses and rising energy and labour costs in the quarter. Meanwhile, Liberty revealed it plans to […]