Liberty Global, the multinational telco, has announced its Q2 2021 financial results. The company posted a quarterly revenue of $3.1 billion (€2.6bn) – an increase of 14.1 per cent year-on-year on a reported basis, and 3.4 per cent on a rebased basis. Despite the rises in revenues and profits, Liberty Global’s overall subscriber growth slowed […]
Airties, a supplier of managed Wi-Fi solutions to service providers globally, has appointed Nicolas Fortineau as Executive Vice President and Chief Marketing Officer. “We are very proud to have Nicolas Fortineau join our senior leadership team,” said Philippe Alcaras, CEO of Airties. “Our mission is to empower service providers to deliver the best managed Wi-Fi […]
Reports have emerged that Liberty Global has put its Virgin Media Ireland broadband TV business up for sale. The unit was not included in the recent merger between Liberty Global’s UK Virgin Media multiplay operator and Telefónica’s O2 mobile telco. Liberty Global, is understood to have hired telecoms investment bank LionTree to sound out buyers […]
The technology R&D partner and employee-owned company, Consult Red, has recruited Paul Stevenson as its new CFO. Stevenson will sit on Consult Red’s Board and join its Executive Leadership Team as the company drives further growth propelled by increasing demand for ‘Internet of Things (IoT) smart, connected products and streaming TV devices. Consult Red works […]
Liberty Global and Digital Colony, a global investment firm dedicated to digital infrastructure, have announced the creation of AtlasEdge Data Centres. Liberty Global and Digital Colony expect the transaction to close in Q3 2021 subject to approvals. AtlasEdge will deliver services via an extensive network of facilities located close to consumer and enterprise end users, […]
Following a provisional clearance in April 2021, the UK’s Competition and Markets Authority (CMA) is now allowing the proposed merger of Virgin Media and Virgin Mobile with O2 to go ahead. Both Virgin and O2 sell wholesale services to a number of mobile operators in the UK. Virgin supplies wholesale leased lines to mobile operators […]
Last year, the media industry was strongly hit by the economic crisis following the outbreak of the pandemic. Revenues from TV advertising in Europe, which were already reaching a stagnation point in most advanced markets, decreased significantly due to advertisers retracting their campaigns and to reluctance in investing in marketing during lockdown measures and following […]
Consult Red, the technology R&D firm, has announced it is becoming an employee-owned company. Consult Red works with the likes of Liberty Global, Comcast and AT&T to develop cutting-edge in-home entertainment technology and other connected secure IoT products. The Directors of Consult Red are transferring shares of the £18 million turnover business to an Employee-owned […]
Liberty Global has revealed its Q1 2021 financial results which show that its convergence strategy added +80,000 broadband and +146,000 post-paid mobile subscribers. CEO Mike Fries stated: “As we continue to execute through the challenges of Covid-19, we’re hopeful that better and safer times lie ahead for our employees and our customers. While the well-being […]
RDK Management has announced details about the continued adoption of RDK open source software used to power customer-premises equipment (CPE) from broadband and video service providers worldwide. “With more than 80 million device deployments, RDK adoption continues to accelerate and serve as the foundational software platform for service providers across their various OEMs and network […]