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Tag: ziggo
Ziggo keeps FY guidance as revenues lift 3% in Q3
2014-10-16 09:31:00| Telecompaper Headlines
(Telecompaper) Ziggo said revenues for its third quarter rose 2.9 percent to EUR 402.6 million, thanks to its April price hike. EBITDA lifted 3.4 percent to EUR 228 million while the net profit fell to EUR 2.7 million from 86.5 million on the back of impairment charges. Liberty Global's bid will run until 4 November. Ziggo expects the merger to complete in the fourth quarter. The operator has kept its full year guidance, still expecting adjusted EBITDA flat year-on-year, with capex at EUR 370 million. From 1 January, Cogas Kabel will terminate its contract with Ziggo. The deal brought in revenues of EUR 18 million and EBITDA of EUR 12 million this year.
Tags: in
guidance
lift
revenues
UPC name will disappear against stronger Ziggo brand -report
2014-10-13 21:32:00| Telecompaper Headlines
(Telecompaper) Dutch cable operator Ziggo has opened a separate website with information on its proposed integration with UPC. Regarding the future name and branding, other sources said that the name and blue colour of UPC will disappear, as Ziggo is the stronger brand. The change will have implications for certain company activities, such as the sponsorship of the Dutch film sector. Ziggo mainly sponsors music. On its site, Ziggo stressed that nothing will change until the acquisition of Ziggo by Liberty Global completes. The process is expected to take a few weeks after 4 November. Until that moment, Ziggo will remain an independent company. The operator said that the scale of the new Ziggo will bring investment and innovation, but believes it is too early to provide more details. The site will be expanded in the future.
Tags: report
brand
stronger
upc
EC approves Ziggo acquisition by Liberty Global
2014-10-10 12:08:00| Telecompaper Headlines
(Telecompaper) The European Commission has approved the proposed acquisition of Ziggo by Liberty Global, pending a few conditions. To address these conditions, Liberty Global offered to sell Film1, its premium Pay TV film channel. Liberty Global also committed to terminate clauses in channel carriage agreements that limit broadcasters' ability to offer their channels and content over the internet, and not to include such clauses in future channel carriage agreements for eight years. These commitments remove the Commission's concerns. The Commission said it was concerned that the original plans for the merger would have hindered competition by removing two close competitors and important competitive forces in the Dutch market for the wholesale of premium Pay TV film channels, and by increasing Liberty Global's buyer power vis-a-vis TV channel broadcasters. This would have allowed Liberty Global to hinder innovation in the delivery of OTT services. The merger brings together the first and the second largest cable TV networks in The Netherlands. Both companies operate in different geographic areas within the country and as such, do not compete for the same customers. The merger will not change this.
Tags: global
acquisition
liberty
approves
Ziggo Consumer
2014-08-18 16:41:14| Telecompaper Reports
This company profile analyses Ziggo Consumer. The report contains information on Ziggo Consumer's current position and strategy. It discusses the company's latest financial figures and gives an overview of its current network. The report provides details of the product portfolio of Ziggo Consumer. It looks at the market in which Ziggo Consumer operates as well as its competitors. Furthermore the profile reports on Ziggo Consumer's marketing activities, including its customer strategy. Lastly the profile contains Telecompaper's SWOT analysis of Ziggo Consumer.
Liberty Global submits concessions on Ziggo takeover
2014-07-15 13:55:00| Telecompaper Headlines
(Telecompaper) Liberty Global confirmed it has proposed concessions to the European Commission to secure approval for its proposed takeover of Dutch cable operator Ziggo. A spokesman for Liberty Global confirmed information posted on the website of the EU competition authorities, which said commitments were submitted on 14 July. The company declined to provide further details, saying only that it was having a constructive dialogue with the competition authorities and still expects to complete the takeover in the second half of this year. The EC has set a deadline of 17 October for taking a decision on the acquisition.
Tags: global
liberty
concessions
takeover
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