All Liberty Global articles – Page 4
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Financial & Performance
VodafoneZiggo bats off doubters: committed to ‘value over volume’ model, despite Q3 weakness
Outgoing CEO Hoencamp concedes that ‘jam tomorrow’ outcome of subscriber losses so far outweighing ARPU gains is not “entirely by design”. Defends “balancing act”, regardless of competitive animus. Read more for Q3 highlights and takeaways…
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M&A
VM O2 in exclusive talks to shed Cornerstone stake morsel — report
Price looks low, albeit for a minority stake, but sellers may be playing control premium long game with likes of Vantage Towers.
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Premium
Telefónica people moves: Tech names new AI and big data lead
Telefónica Tech shuffles business intelligence and big data managers.
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People
nexfibre brings in new CEO
nexfibre appoints Rajiv Datta as CEO to lead footprint expansion beyond 500,000 premises.
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M&A
Zegona eyes Vodafone Spain for reverse takeover deal
Virgin Media veterans consider returning to Spanish market after successful sale of strategic stake in Euskaltel in earlier market consolidation.
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Venturing & Investments
Telefónica reinvests in eSIM provider Airalo
Latest investment sees increasing focus on more mature and strategic startups housed within Telefónica Ventures’ growing list of portfolio companies. Read more…
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M&A
Liberty confirms Cornerstone stake up for grabs
Liberty Global says it is exploring sale of Cornerstone holding after months of media speculation.
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Public Affairs
Vantage 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 & Investments
UK 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 & Infrastructure
Virgin 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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Operations
Virgin 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&A
Liberty 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 & Change
Liberty 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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Premium
Elsewhere 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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People
Dunne 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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Premium
VM 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&A
Liberty 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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Premium
nexfibre 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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Premium
Virgin 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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Premium
Elsewhere in Telefónica UK: 350 apprentices to be taken on in 2023
New site in Paddington to replace Slough HQ in 2024.