je.st
news
Tag: liberty
Liberty Media reports operating profit decline
2015-08-06 12:33:01| Telecom - Topix.net
Liberty Media Corp. said operating profit in its latest quarter fell as a legal settlement offset strength in SiriusXM Holdings Inc., in which Liberty owns a majority stake. SiriusXM had an "outstanding" quarter, according to Liberty, with subscribers growing 46 percent to 692,000.
Tags: media
reports
operating
profit
Liberty Global growth slows in Q2 after Dutch merger
2015-08-05 08:33:00| Telecompaper Headlines
(Telecompaper) Liberty Global added just 115,000 new revenue-generating units in the second quarter, for a total 52.9 million at the end of June, as its merger in the Netherlands led to a loss of customers there. The 87,000 RGUs lost in the Netherlands were offset by a return to growth of 92,000 in Germany, a small acquisition in Romania and improving performance in the UK. Revenue growth in the UK, Germany and Belgium also helped the cable operator achieve organic revenue growth of 3 percent year-on-year in the quarter and operating cash flow up 4 percent. Total revenues were still down slightly due to the stronger dollar, to USD 4.26 billion from USD 4.30 billion a year ago, while operating cash flow rose 2 percent to USD 2.06 billion. Liberty Global's capital expenditure increased to USD 971 million or 22.8 percent of revenue from USD 895 million or 20.8 percent in Q2 2014, driven mainly by the integration of Ziggo and UPC in the Netherlands. The company said it's taking measures to improve results in the Netherlands and expects to start benefiting from synergies there in H2 as well, leading to stronger customer, revenue and cash flow growth in the rest of the year. In addition, the company said it's finalized the 'Liberty 3.0' programme, which will lead to a new organisational structure and growth plans. Liberty said the plan should "unlock efficiencies", much of will be reinvested to drive faster revenue and operating cash flow growth in the high single digits over the medium term.
Tags: global
growth
dutch
liberty
Liberty Global Q2 slides as Dutch ditch Ziggo
2015-08-05 02:00:00| Total Telecom industry news
Cable group loses 87,000 RGUs in Netherlands due to operational challenges, intense competition.
Tags: global
dutch
liberty
slides
Liberty Global increases stake in ITV to 9.9%
2015-07-31 10:36:00| Telecompaper Headlines
(Telecompaper) Liberty Global has purchased 138.7 million shares in UK commercial broadcaster ITV. This increases its existing stake to a total of 398.5 million shares or around 9.9 percent of ITV's ordinary shares. Liberty Global CEO Mike Fries said that ITV was a well-run company with attractive growth potential. Liberty Global first acquired a stake in ITV a year ago, buying 6.4 percent from Sky for GBP 481 million. The company said it was looking to cooperate with ITV on developing content for its cable networks. Liberty Global controls the UK cable operator Virgin Media, as well as cable networks across multiple countries in Europe. It has been increasing its investments in content in the past year, buying also Belgian and Irish broadcasters.
Tags: to
global
increases
liberty
Liberty Pumps Announces Employee Ownership
2015-07-24 12:31:06| Industrial Newsroom - All News for Today
Bergen Liberty Pumps, a leading manufacturer of sump, sewage and effluent pumps and engineered pump systems, is pleased to announce it has implemented an Employee Stock Ownership Plan (ESOP). Liberty Pumps has been a family owned company for the past 50 years. The ESOP continues Liberty Pumps commitment to local...
Tags: ownership
employee
liberty
announces
Sites : [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [59] [60] [61] [62] [63] [64] [65] [66] next »