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Liberty Global revenues rise 1.2% in Q4, again weighed by Belgium, Switzerland

2019-02-28 09:25:00| Telecompaper Headlines

(Telecompaper) Liberty Global noted that it has put its operations in Germany, Hungary, Romania and the Czech Republic, along with its DTH operations and its former operations in Austria, plus the LiLAC Group, into discontinued operations. The company said that together, all the disposals represent a total enterprise value of USD 31 billion and net cash proceeds to the company, when completed, of USD 16 billion. The company will continue to be the largest cable operator in the UK, Ireland, Belgium, Poland and Slovakia, and also generate RGUs and revenue from its VodafoneZiggo joint venture in the Netherlands. The sale of Vodafone is still on track, with completion seen happening in mid-year. The company also started a broad reorganisation plan in January aimed at streamlining its operating structure. 

Tags: global rise switzerland belgium

 

Liberty Global confirms sale of UPC Switzerland unit to Sunrise

2019-02-27 22:49:00| Telecompaper Headlines

(Telecompaper) Liberty Global has reached a binding agreement to sell its Swiss subsidiary, UPC Switzerland, to Sunrise Communications Group, in a deal valuing the Swiss unit at CHF 6.3 billion. 

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Liberty Global to sell UPC Switzerland to Sunrise

2019-02-27 22:30:02| Digital TV News

Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) has announced that it has agreed to sell its Swiss operation, UPC Switzerland, to Sunrise Communications Group. The transaction will create the leading converged challenger in the market.

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Sunrise confirms advanced talks to acquire UPC Switzerland for CHF 6.3 billion

2019-02-27 11:13:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise confirmed that it's in advanced talks with Liberty Global about a possible takeover of cable operator UPC Switzerland for an enterprise value of CHF 6.3 billion. As previously stated, Sunrise reiterated that no final decision had been made and that it would only pursue the deal if it provided strategic advantage and value for shareholders. 

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Nel ASA to supply 2MW PEM electrolyzer in Switzerland; 30 MW framework contract for Hyundai hydrogen trucks

2019-02-26 13:57:05| Green Car Congress

Tags: supply contract nel switzerland

 

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