Liberty Global

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Liberty Global, Inc.
Type Public (NASDAQLBTYA, NASDAQLBTYB, NASDAQLBTYK)
NASDAQ-100 Component
Industry Media, telecommunications
Founded 2005
Headquarters Meridian, Colorado, USA
Key people John C. Malone - Chairman of the Board
Michael Fries - President and CEO
Products Broadband internet, cable television, telephony, mobile, direct broadcast satellite
Revenue US$ 10.1 billion (Annualised 2012)[1]
Employees 21,000 (September 30, 2012)[1]
Website www.lgi.com

Liberty Global, Inc. is an American telecommunications and television company. It was formed in 2005 by the merger of the international arm of Liberty Media and UGC (UnitedGlobalCom), and is one of the largest broadband providers outside of the United States.

As of September 30, 2012, it had an annual revenue of $10.1 billion, 21,000 employees in 13 countries, including 11 in Europe. Its cable services pass 33.7 million homes, with 19.6 million customers or 33.1 million RGUs (video, internet, and voice subscribers)[2]

On February 5, 2013, Liberty Global announced they would buy British cable group Virgin Media for $23.3 billion.[3][4] On 15 April, EU regulatory approval for the deal was granted, the final hurdle in the acquisition.[5]

In January 2013, the firm raised its stake in Telenet from 50.2% to 58%.[6]

Contents

Products [edit]

television (cable & satellite), internet, telephony, mobile

Markets [edit]

Europe [edit]

It serves 11 countries in Europe, and is the largest cable operator in Poland, Switzerland, Belgium, Austria, Slovakia, Hungary and Czech Republic. On February 5, 2013 it was announced that Liberty Global was to buy Virgin Media, which would make it the largest broadband company in the world, and retaining its position as the UK's largest cable operator.[7]

  • Telenet (Belgium) (58% ownership)
    • Television
    • Sites
      • Zita (Portal)
      • GarageTV
      • vandaag.be (news site)
    • T.Vgas (joint-venture with vgas - 100% ownership)
      • GUNK Magazine
      • Online Games Network
        • 9lives
        • Roekie
        • Gunk.be
        • Insertcoins
    • Yelo
    • Triiing
    • Hostbasket
    • Telenet Solutions
  • UPC DTH
    • UPC Direct (Hungary)
    • freeSAT (Czech Republic and Slovakia)
    • Focus Sat (Romania)
  • Chellomedia - TV channels, on-demand services, distribution, web and iTV content
    • Chello Zone (International)
    • Chello Benelux (Netherlands, Belgium, Luxemburg)
    • Chello Central Europe (Albania, Bosnia and Herzegovina, Croatia, Czech Republic, Hungary, Montenegro, Poland, Romania, Serbia, Slovakia and Slovenia)
    • Chello Latin America (South America, Portugal, Mozambique)
    • Chello Multicanal (Spain and Portugal)
    • Chello DMC

America [edit]

Liberty Global's operations in the Americas consists of Liberty Puerto Rico, a provider of pay TV, internet, and telephone services in Puerto Rico and VTR, a Chilean cable provider of television, telephone, mobile and internet services.

Through Chellomedia it has a 50% stake in MGM Networks in the USA.

Australia [edit]

Liberty Global owned 20% of Showtime movie channels until October 2012 when the channels were taken over by Foxtel.

References [edit]

  1. ^ a b U.S. Securities and Exchange Commission (2010). "Form 10-K". Washington, D.C.: United States of America. Retrieved 2011-05-24. 
  2. ^ "About Us". Liberty Global. Retrieved 2013-02-05. 
  3. ^ "Liberty Global to Acquire Virgin Media" (PDF) (Press release). Liberty Global. February 5, 2013. Retrieved February 6, 2013. 
  4. ^ "Liberty Global to Acquire Virgin Media for $23 Billion". CNBC News. February 5, 2013. Retrieved February 6, 2013. 
  5. ^ Foo Yun Chee (15 April 2013). "Liberty Global's $15.8 billion Virgin Media deal cleared in EU". Reuters. 
  6. ^ Reuters (14 January 2013). "Liberty Global raises stake in Telenet to 58 percent". Reuters. 
  7. ^ "Liberty Global to buy Virgin Media for $23.3bn". BBC News. February 6, 2013. Retrieved February 6, 2013. 

External links [edit]