Digital TV News: Mike Fries

CMA gives regulatory approval for Virgin Media, O2 combination
May 20, 2021 – The UK’s Competition & Markets Authority (CMA) has announced its final approval of the 50:50 joint venture between Liberty Global and Telefonica to combine Virgin Media and O2. The transaction is now expected to close by June 1, 2021.
News categories: Liberty Global, Telefónica, Mike Fries, José Maria Alvarez-Pallete, Cable TV, Digital TV, MandA, Mobile, UK

Liberty Global reports Q4 2020 results
Feb 16, 2021 – Liberty Global (NASDAQ:LBTYA, LBTYB, LBTYK) has announced Q4 2020 results. In the quarter, the company gained video subscribers in Ireland, Poland and Slovakia, and saw losses in the UK, Belgium and Switzerland - a reduction of 9,500 overall.
News categories: Liberty Global, Belgium, Digital TV, Ireland, Netherlands, Poland, Results, Slovakia, Subscribers, Switzerland, UK

Liberty Global completes acquisition of Sunrise
Nov 12, 2020 – Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) has completed the acquisition of Sunrise Communications AG (SIX Swiss Exchange: SRCG). Liberty Global now holds more than 98% of the share capital of Sunrise.
News categories: Liberty Global, UPC Schweiz, Sunrise Communications, Mike Fries, Digital TV, IPTV, MandA, Switzerland

Liberty Global reports Q3 2020 results
Nov 4, 2020 – Liberty Global (NASDAQ:LBTYA, LBTYB, LBTYK) has announced Q3 2020 results. The company gained video subscribers in Ireland and Poland, and saw losses in the UK, Belgium, Switzerland and Slovakia - a reduction of 57,300 overall.
News categories: Liberty Global, Mike Fries, Belgium, Cable TV, IPTV, Ireland, Poland, Results, Slovakia, Subscribers, Switzerland, UK

Liberty Global to acquire Sunrise Communications by tender offer
Aug 12, 2020 – Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) has announced that, in agreement with Sunrise Communications Group (SIX: SRCG), it will make an all cash public tender offer for the shares of Sunrise.
News categories: Liberty Global, Sunrise Communications, Mike Fries, Cable TV, Digital TV, MandA, Switzerland

Liberty Global and Telefónica to merge UK operations
May 7, 2020 – Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) and Telefónica (Madrid: TEF) have agreed to merge their operating businesses in the UK to form a 50:50 joint venture. The combination will create an integrated communications provider with over 46 million subscribers.
News categories: Liberty Global, Telefónica, Mike Fries, Jose Maria Alvarez-Pallete, Cable TV, MandA, Mobile, UK

Liberty Global abandons attempt to combine UPC Switzerland with Sunrise
Dec 17, 2019 – Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) has announced that it has terminated discussions regarding the combination of UPC Switzerland and Sunrise Communications. The deal was initially announced on February 27, 2019.
News categories: Liberty Global, Sunrise Communications, Mike Fries, Cable TV, Digital TV, MandA, Switzerland

Sunrise terminates plan to buy UPC Switzerland
Nov 13, 2019 – Liberty Global has received a notification of termination from Sunrise Communications regarding the amended Share Purchase Agreement concerning UPC Switzerland. The agreement provides for Sunrise to pay a CHF 50 million termination fee.
News categories: Liberty Global, Sunrise Communications, Mike Fries, Severina Pascu, Cable TV, Digital TV, MandA, Switzerland

Liberty Global Vodafone deal approved by European Commission
Jul 18, 2019 – European Commission has announced its final approval of the sale of Liberty Global’s operations in Germany, Hungary, Romania and the Czech Republic to Vodafone Group. The transaction, announced May 9, 2018, has a total enterprise value of approximately €19 billion [$21.5] billion, on a GAAP basis.
News categories: Liberty Global, European Commission, Vodafone, Mike Fries, Cable TV, Czech Republic, Digital TV, EU, Germany, Hungary, MandA, Regulation, Romania