Liberty Global(s lbtya), the largest cable company outside China and a voracious acquirer of European cable firms, is reportedly planning to launch a more mobile assault on the continent. Liberty SVP Manuel Kohnstamm told Bloomberg that John Malone’s company wants to create a “pan-European” mobile network based on mobile virtual network operator (MVNO) deals — in other words, it will resell actual network operators’ connectivity on a country-to-country basis, with the same unified billing system and back-end that supports Liberty’s fixed-line efforts. This “deep MVNO” network will begin in the U.K., the Netherlands, Belgium, Switzerland and Austria. Kohnstamm also said Liberty was still looking out for likely acquisition targets.
The world’s largest broadband provider outside China is about to get a bit bigger, as it is buying out what it doesn’t already own of Dutch cableco Ziggo. Newly-installed Ziggo CEO Rene Obermann will leave if the transaction goes through.
Charter offered to buy Time Warner Cable in a deal valued at more than $61 billion. So far Time Warner Cable has said no thanks, but here’s what’s behind John Malone’s persistence.
The Dutch cable market may be about to see some major consolidation, as the biggest broadband provider outside China continues its expansion plans.
Last summer’s rumors of cable consolidation are back in the spotlight. But if the industry consolidates, it’s not about television, but about what you’ll pay for broadband that regulators should focus on.
Internet is abuzz with news stories of pending media mergers and rumors of cable company consolidations are doing the rounds on Wall Street. Most importantly cable cowboy John Malone is back in action. Let me tell you about the “why” behind this excitement.
The combined operation will have 25 million customers in 14 countries. It will also take John Malone’s Liberty Global head-to-head with Rupert Murdoch and BSkyB.
O3b Networks, a Google-backed, satellite-based telecom company, says it will launch its revolutionary new satellite-broadband service next year. It launched with fanfare in 2008 and in 2010 raised a whopping $1.18 billion but had to limit its size and scope because of the global credit squeeze.
Liberty Media (NSDQ: LINTA) CEO John Malone finally broke his silence on the company’s possible acquisition of Barnes & Noble (NYSE: BKS) at…
Two moves today for IAC (NSDQ: IACI) that most companies would separate but in this case decided to pair: Barry Diller has stepped aside as…