Latest Liberty Global Insight – Page 5
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Public AffairsVantage resists EU plans for regulating TowerCos
Vodafone-backed InfraCo troubled by prospect of regulated pricing and terms if new ultrafast rollout regulation proceeds as planned.
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Venturing & InvestmentsUK Infrastructure Bank bulks up nexfibre with £250m
UK Infrastructure Bank supplies nexfibre with new debt financing to boost fibre deployment.
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Network & InfrastructureVirgin Media O2 lights up XGS-PON services via nexfibre
Virgin Media O2 offers multi-Gigabit broadband services over nexfibre’s newly-launched network.
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OperationsVirgin Media O2 to slash up to 2,000 jobs
Operator expected to make cuts by end of July. Move comes in wake of property portfolio review and planned closure of long-established Slough HQ.
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M&ALiberty CFO welcomes Vodafone–Three merger proposal
Bracken senses UK and EU regulators now recognise they have driven telecoms sector to a “very low return on capital” and will be more amenable to market consolidation.
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Strategy & ChangeLiberty open to shedding Virgin Media O2 stake
Liberty CEO Mike Fries labels VM O2 and VodafoneZiggo as “interesting candidates” for listing. Group sees opportunity to list any of its operating entities given the right circumstances.
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PremiumElsewhere in Telefónica Group: Álvarez‑Pallete calls for caution on fast‑developing GenAI
Álvarez‑Pallete calls for caution on fast‑developing GenAI.
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PeopleDunne joins Patterson on Glow board as fintech targets telco
Former O2 chief adds another advisory post to his portfolio as emerging FinTech Glow sets its sights on telco-led expansion.
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PremiumVM O2 puts Cornerstone stake in shop window
Operator reportedly moving forward with plans to sell at least half of its 50% share in UK TowerCo joint venture.
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M&ALiberty CEO ‘in M&A talks with CityFibre’
Not a done deal. Discussions are preliminary and large-scale consolidation in UK altnet market likely to attract sharp scrutiny from regulators.
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Premiumnexfibre is Openreach’s “real” competitor, says co-owner InfraVia
JV’s co-owner InfraVia sees resource platform, Virgin Media O2 ties, and unmet demand as giving new entrant opportunity to build major challenge in UK’s fibre space.
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PremiumVirgin Media O2 wheels in greener 5G kit from Ericsson
Awards Swedish supplier “multimillion GBP” contract as part of network modernisation programme.
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PremiumElsewhere in Telefónica UK: 350 apprentices to be taken on in 2023
New site in Paddington to replace Slough HQ in 2024.
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PremiumDigitalBridge eyes casualties from European fibre fallout
Investment group sees financially squeezed altnets’ valuations dropping dramatically, offering up opportunities to absorb weakened players.
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M&ASchüler ‘open’ to altnet M&A as VMO2 builds fibre base
Virgin Media O2 CEO states altnet consolidation is possible, citing “very low” penetration rates among fibre providers.
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PremiumVirgin Media O2 ‘ponders Trooli acquisition’ amid altnet struggles
Moves for UK altnet said to be under consideration at numerous rivals, including Telefónica and Liberty’s UK operating business.
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PremiumVodafone sliced up again: Liberty piles pressure on UK group by taking 5% stake
Liberty CEO Mike Fries describes purchase of Vodafone shares as “opportunistic”.
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PremiumTelefónica, Liberty step back from Cornerstone
Duo said to be putting wheels in motion to halve their stake in UK TowerCo to 25%
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Partnerships & AlliancesDT’s German fibre JV eyes new partners in 2023; lauds open access model
CEO Ralf Greßelmeyer hails benefits of open access approach.
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PremiumTelefónica and Liberty advance prep for ‘nexfibre’ UK JV
Exec oversight and branding put in place for venture with French private equity group InfraVia.