Posts tagged ‘liberty global virgin media’

Video: Liberty Global to move forwards with mobile plans #CC2013

Mike friesLiberty Global’s plan to roll out a more advanced mobile product in many markets in Europe later this year will allow it to meet demand from a number of its customers for a single bundle from one provider, according to Mike Fries, president and CEO of Liberty Global.

“It’s really a complementary product to our core fixed products and allows us to satisfy certain of our consumers’ needs who want a bundled product…from one provider,” he told DTVE in a video interview at Cable Congress last week.

“We’ve had great success in Belgium and Chile [with mobile] and have a million mobile customers today and Virgin Media has three million mobile customers. Together we’ve got a strong experience base to inch our way into the mobile business cost-effectively and productively and give those consumers who want it a broader experience than us.”

Addressing questions about the rationale for Liberty Global’s acquisition of Virgin Media, Fries said there were both revenue and cost synergies between Liberty Global and Virgin Media, as both buy equipment and content from the same companies.

“We’re in the same business, so I think the synergies are potentially large, and the revenue synergies are large too because they can learn from us and we can learn from them,” said Fries. “We’re in the business of building scale and being more efficient with our balance sheet. There are lots of opportunities there. There are benefits of being bigger, including dealing with regulators,” he said.

He said Liberty Global could benefit from Virgin Media’s experience in business-to-business services and from its wireless experience.

Virgin Media and Liberty Global leaders meet at Cable Congress #CC2013

The big news that Liberty Global has secured a deal to acquire Virgin Media for US$23.3 billion signals a change at the top of the global cable business and has stoked excitement and interest well beyond the tech sector. Such a combination translates into a world leading broadband communications company with 25 million customers spanning across 14 countries.

In less than two weeks’ time, executives of Virgin Media and Liberty Global and other leading cable executives will convene at Cable Congress to give an inside edge on the latest news that you won’t get anywhere else, share their opinions and predictions and, together with other key industry leaders, discuss the bright future of cable and its customers.

Watch our exclusive CEO interview with Mike Fries, the President and CEO of Liberty Global at 16.30 on Day 1 when Becky Anderson, CNN presenter takes the stage to ask the burning industry questions everyone wants to hear.

Also, be sure not to miss the CEO Keynote Speech at 14.00 on Day 1 when you will hear from Neil Berkett, the CEO of Virgin Media.

Cable Congress 2013 will feature the launch of new industry data with the contribution of fresh IHS Screen Digest data, the latest trends and an incredible line-up of industry all-stars across cable, content, technology and new media. New content, programme updates and speaker interviews are being added regularly to www.cablecongress.comwe’re getting hundreds of hits a day so come see why.

The Online Networking Tool is now live and by registering to attend the conference, you have the opportunity to spend the next two weeks scheduling one-to-one business meetings with Cable Congress delegates.

CABLE CONGRESS GALA PARTY hosted by Virgin Media_small

The Cable Congress Gala Party is an informal get-together for all participants, taking place on 5th March at The London Film Museum. The evening is not only an ideal networking opportunity, but will also offer quintessentially British culinary and cultural experiences, with a sprinkling of entertainment throughout. Read more here.

Gapa party photos

PREMIER OF ‘RECTIFY’ SERIES Sundance Channel

You will be treated to a special screening of the first episode of ‘Rectify’ from the award-winning producers of Breaking Bad, taking place on Day 2 during a special drinks reception. Watch this special sneak peak of Rectify, which premieres exclusively on Sundance Channel this spring!

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