Liberty Global

From Wikipedia, the free encyclopedia

  (Redirected from Liberty Global Europe)
Jump to: navigation, search
Liberty Global Inc.
Type Public (NASDAQLBTYA)
Founded 2005
Headquarters Meridian, Colorado, USA
Schiphol-Rijk, Netherlands Europe-UPC Broadband Division, Chellomedia Division
London, United Kingdom Europe-Chellomedia Division
Key people John C. Malone - Chairman of the Board
Michael T. Fries - President and CEO
Industry Media, Telecommunications
Products Television, broadband internet, cable television, telephone, direct broadcast satellite
Revenue $2.1 billion for the 3 months ended March 31, 2007, $6.5 billion for the 12 months ended December 31, 2006
Website www.lgi.com

Liberty Global (NASDAQLBTYA) is an international media company and one of the largest broadband providers outside the United States of America. The company is born from a fusion of Liberty Media and UGC (UnitedGlobalCom).

Liberty Global Europe (formerly UGC Europe, and previously United Pan-Europe Communications or UPC, and still usually primarily trading under that brand) is Europe's biggest cable TV provider. It also provides internet access, telephony and other related services. It is an operation (100% ownership since early 2004) of the US-based company Liberty Global, which is the world's leading Cable TV provider. Liberty Global is listed on NASDAQ, but is ultimately controlled by John C. Malone. Liberty Global is based at Meridian, Colorado, in the Denver-Aurora Metropolitan Area.

It serves about 6.6 million analogue subscribers in 12 countries of Europe, and is the absolutely dominant provider in countries like the Netherlands, Poland, Switzerland, Austria, Slovakia, Hungary and Czech Republic.

In Ireland, UPC have approximately 1,769,292 viewers or 41.7%, [1][2] It has been reported by The Irish Times and RTE News that UPC Ireland and MCD music promoter Denis Desmond are interested in purchasing Setanta channels in Ireland[3].

In Chile, VTR a subsidiary of Liberty Global have approximately 941,000 customers, counting over 1.7 million of services (between tv-cable,internet and telephony.[4]

In 2005, UGC Europe bought the Romanian communications company Astral Telecom for $420 million, the Swiss communications company Cablecom for CHF2.8 billion, and the Slovenian communications company Telemach for EUR71 million. In 2007 Telemach also bought 66.7%[5] of Ljubljanski kabel (major competition in Ljubljana) and grew its market share to 40% in Slovenia.

Its business is divided into two units:

UPC Direct broadcasts direct-to-home across eastern Europe from the Astra 1H, 1KR, and 1M satellites at 19.2° east. FocusSat broadcasts from Thor 3 0.8°W.

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

Liberty Global's portfolio also includes a controlling 54% interest in AUSTAR and a controlling 34% stake of J:COM, a Japanese cable company operating television, telephone, and internet services.

[edit] References

[edit] External links

Personal tools