Mike Fries

Vodafone, Liberty Global agree Dutch merger

Vodafone and Liberty Global have agreed to merge their Dutch operations, forming a 50-50 joint venture that will combine Ziggo’s fibre broadband network with Vodafone’s mobile operations. The firms said that through the deal they will create a unified communications provider in the Netherlands – with complementary strengths across video, broadband, mobile and B2B services. […]

UK and Germany drive Liberty Global results

Strong European subscriber growth helped boost Liberty Global’s third quarter results, with the UK and Germany leading the way. The pan-regional cable and pay TV operator also saw its advanced TV customer base – comprising Virgin Media TiVo subscribers and households with the Horizon service across Europe – pass the four million milestone during the […]

Liberty ups ITV stake, ‘rules out’ takeover

Cable giant Liberty Global has upped its stake in ITV, but has ruled out making an offer to acquire the UK broadcaster. Liberty has acquired 138.7 million ITV shares, taking its overall number to 398.5 million – or 9.9% of the business. Last year it paid £481 million (US$750 million) for a 6.4% stake. Industry […]

Liberty boss calls for ‘scale’

Liberty Global CEO Mike Fries has called for “scale in the cable industry” in order for cable firms to compete with digital giants like Google and Netflix. Speaking in a video interview with CNBC at the World Economic Forum in Davos, Switzerland, Fries said he believed major deals like the planned mergers between Comcast Communications […]

Liberty ups Virgin COO to ‘transformation’ chief

Virgin Media’s parent company, Liberty Global, has upped Virgin’s chief operating officer Dana Strong to the new role of senior vice president, chief transformation officer for Liberty Global. Strong takes up her new role effective January 31 and at the same time will join Liberty Global’s executive management committee. She will report directly to Liberty […]

Liberty confirms completion of Ziggo takeover

Liberty Global has completed its tender offer for Dutch cable operator Ziggo and will own 100% of the firm’s outstanding shares, Liberty confirmed yesterday. Announcing Liberty Global’s third quarter results, company CEO Mike Fries (pictured) said that Liberty will immediately begin the integration of Ziggo and UPC Netherlands, “which we expect will drive substantial cost […]

Ramzan Golant to exit All3 as sale closes

All3Media’s CEO Farah Ramzan Golant is to exit the UK-based production giant after Discovery Communications and Liberty Global got the all clear to acquire the group. Following a regulatory greenlight, All3 is now officially owned by a joint venture holding company that Discovery and cable TV rival Liberty operate together. The pair have paid £550 […]

Liberty outlines four-pronged content strategy

Investment in OTT content, free-to-air broadcasting, production outfits and sports rights form four pillars of Liberty Global’s new content investment strategy, according to president and CEO Mike Fries (pictured). All four are are seen as ways to reinforce the company’s core distribution business. Following Liberty’s sale of its Chellomedia linear channel business to AMC, the […]

Liberty has 500,000 on Horizon

Liberty Global’s advanced TV platform Horizon passed the milestone of half a million subscribers in the combined markets of the Netherlands, Switzerland and Germany in the second quarter. The Horizon total strengthens the cable operator’s performance in TV and limits the churn of TV subscribers, according to the company. Overall, Liberty Global sold an additional […]

Liberty Global acquisition drive ‘slowing down’

Liberty Global is unlikely to acquire fixed networks in further European markets and is not interested in acquiring mobile networks, but could drive consolidation in Poland, according to CEO Mike Fries (pictured). The exec was speaking to the Wall St Journal in a joint interview alongside Liberty chairman John Malone. Fries said that Liberty’s acquisition […]