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Last week in telecoms: Sky up on Comcast offer, Vodafone and Liberty Global under fire
2018-03-05 07:01:00| Telecompaper Headlines
(Telecompaper) It was a tough week (#9) for telecoms stocks, but even more so for the market in general. Our telecom index (-1,7%) outperformed the general index (-3.4%). Whereas most telecoms stocks ended the week down, a few positive outliers pulled our telecoms index up. Sky (+24%) was a major contributor on an offer from Comcast, dragging up other satellite stocks along the way: Intelsat (+19%) and SES (+14%).
Liberty Global revenue growth improves to 2.9% in Q4
2018-02-15 08:42:00| Telecompaper Headlines
(Telecompaper) European cable operator Liberty Global reported fourth-quarter organic growth in line with its full-year outlook and said it expects a similar rate of growth in 2018. Quarterly revenue growth was its strongest in the year, led by UK operator Virgin Media, its biggest unit.
Tags: global
growth
revenue
liberty
Liberty Latin America to acquire 80% of Costa Rica's Cabletica
2018-02-13 08:46:00| Telecompaper Headlines
(Telecompaper) Liberty Latin America, the newly split-off unit of Liberty Global focused on Latin America and the Caribbean, has announced an agreement to acquire 80 percent of Costa Rican cable operator Cabletica for around in an all cash deal. Cabletica is valued at an enterprise value of CRC 143 billion (around USD 250 million), a multiple of 6.3x of its fiscal year EBITDA including projected cost synergies, with current owner Televisora de Costa Rica set to retain the remaining 20 percent stake at close.
Tags: america
costa
latin
latin america
Liberty Latin America to buy 80% of Costa Rica's Cabletica
2018-02-12 23:30:01| Digital TV News
Liberty Latin America (NASDAQ: LILA and LILAK, OTC Link: LILAB) has announced that it has entered into an agreement to acquire 80% of Costa Rican cable operator, Cabletica, which is part of Televisora de Costa Rica.
Liberty Property Trust to Sell Up to $800 Million in Remaining Suburban Office Holdings
2018-02-08 18:50:00| National Real Estate Investor
The company plans to use the proceeds for reinvestment into industrial acquisition and development.
Tags: office
property
sell
million
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