Posts tagged ‘neil berkett virgin media’

Dates Announced for Cable Congress 2014

Mark your calendars: 12 – 14th March 2014, RAI, Amsterdam

This year’s event saw over 850 senior-ranking attendees from 39 countries come together at the time of great activity within the sector and in a city where technology, media and entertainment are leading globally. Here’s a quick summary of this year’s key features.

Executives of Virgin Media and Liberty Global met at Cable Congress to give an inside edge on the latest acquisition news and discuss the bright future of cable and its customer

Both, Michael T. Fries, President and CEO of Liberty Global, and Neil Berkett, CEO of Virgin Media appeared at the event to talk about their views on the industry and the recently announced merger of the two businesses. Mike Fries, CEO of Liberty Global, told CNBC about plans to enter one of the most competitive and dynamic markets in Europe in an exclusive broadcast interview

Cable Europe announced fresh data from IHS Screen Digest that showed 5.5% top-line revenue growth across Europe, representing nearly €1bn in new revenues for 2012

The upward trend is explained by a shift towards digital for customers increasingly relying on the high speed fibre-rich broadband connections for which cable is known as well as the trend of increasingly accessing video content over cable’s high performance telecom networks. Guy Bisson, Research Director at IHS Screen Digest, broke down latest figures and leading trends in cable industry during a CNBC interview and explained why cable providers are extremely well-positioned to capitalize as the industry moves towards content provided over the internet.

For the Cable Congress TV’s executive speaker interviews conducted by Digital TV Europe, visit www.cablecongress.com/videos.

On the second day of the conference Cable Europe announced the Cable Europe Award 2013 winners

The Cable Europe Innovation Award, voted on by delegates at Cable Congress, was awarded to Belgian operator VOO and SeaChange for their multi-screen TV solution VOO Motion.

Jose Pascoal, Planning, Engineering & Services Architecture Director, ZON Multimedia was honoured with the Cable Europe Fellow Award in recognition of his individual dedication, talent, consistent excellence and contributions to the cable industry. Read the full coverage of the awards ceremony here.

Cable Industry Looks Forward as 2013 Cable Congress Concludes On High Note

NEWS RELEASE

Cable Industry Looks Forward as 2013 Cable Congress Concludes On High Note

(Brussels, 8 March) After three days of debate and discussion on the future of the cable industry, Cable Congress 2013 concluded yesterday in London by sending a strong signal to operators and partners, competitors, investors, policymakers, regulators and consumers that the best is yet to come.

This year’s Cable Congress came at a time of great activity within the sector and in a city where technology, media and entertainment are leading globally. Both, Michael T. Fries, President and CEO of Liberty Global, and Neil Berkett, CEO of Virgin Media appeared at the event to talk about their respective views on the industry and the recently announced merger of the two businesses. The week began by celebrating another strong year for cable at year-end 2012, with continued strong growth in the core lines of business and an unmistakable tipping point into the digital interactive television universe. As Europe experiences an economic downturn, the health of the industry was a frequently mentioned bright spot, as operators in even the hardest hit countries such as ONO in Spain and ZON in Portugal continue to grow and invest.

Manuel Kohnstamm, President of Cable Europe, commented: “The key takeaway is that our markets are irresistibly moving to greater and greater convergence. Cable’s drive to innovate, change and adapt, to consolidate will create significant value to society and a rich and rewarding experience to the consumer. Regulators must recognize this and take a forward-looking analysis of our fast-moving industry. The European communications industry remains fragmented and will need more transnational and national mergers and acquisitions to stand its ground.”

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Cable CEOs: 50 Years of History and Strong Future

NEWS RELEASE

Cable CEOs: 50 Years of History and Strong Future

(London, 6 March 2013) Day 1 of Cable Congress ended with a bang as CNN Presenter Becky Anderson interviewed Michael T. Fries, President and CEO of Liberty Global live on stage with questions taken from a packed conference room in London. The hot topic was of course the recently announced acquisition of Virgin Media by Liberty Global, but further than this, Fries and Anderson discussed growth drivers and challenges for the cable market in.

On timing and rationale for the Virgin Media acquisition Fries said: “Virgin Media has terrific broadband coverage in the [UK] market, they have great assets, a great brand and an extremely competent management team in a relatively rational market – we think it is a good time to be in this market.”

Mike went on to discuss the increasingly important role that mobile is playing: “Everyone in this market needs a mobile strategy. We have taken a modest approach to mobile, but this is changing. Having a quad play option is now an important piece of the puzzle.”

The afternoon was framed by Virgin Media and Liberty Global, as earlier Neil Berkett, CEO of Virgin Media, took to the stage to deliver the second keynote speech of the day. Echoing Ed Vaizey’s comments from yesterday morning, Berkett noted: “The tie up of [Virgin Media] with Liberty Global will put cable on a stronger footing, placing greater strategic importance on infrastructure and helping to accelerate Europe’s digital future.”

Fries and Berkett also both placed emphasis on the prospects for cable’s future. Both agreed that the cable industry has been around for 50 years and it will be around for many more to come. Berkett suggested that “Superfast communications are as indispensable to national success now and in the future as the canals and railways were in the past. It’s for this reason that in the UK, despite the tough times our economy has been through, the cable sector has not just avoided recession, it has grown: more customers, more services, more jobs. It just goes to show digital makes good things happen.”

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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!

European Cable Industry Spreads the Love in Digital Capital

(Brussels, 14 February) Cable Europe, the trade association for the European cable industry, today celebrates consolidation and the role it plays in building strong cable players, stimulating healthy infrastructure and promoting competition ahead of its annual flagship industry gathering.

In keeping with the spirit of Valentine’s Day and ahead of Cable Europe’s annual conference with 69% of attendees at C-level, Director and Board Level, Cable Congress, takes place in London from 5-7 March 2013.  We look back over the past decade at how successful pairings have resulted in the consolidation of the European cable landscape. Where Europe once boasted around 10,000 providers, today this number is closer to 7,000 stronger, more efficient and more competitive operators.

Yet, despite the wave of combinations in recent years, the cable industry still remains highly fragmented. It will need further consolidation to compete over the long term and to help meet Europe’s Digital Agenda policy objectives of increased connectivity for consumers.

Cable Europe Executive Chairman Matthias Kurth added:  “Cable’s investment in fibre- rich high speed networks plays an important if not sometimes invisible role in meeting the entertainment and connectivity needs of Europe’s sophisticated consumers. As the unique crossroads of technology and content that keeps us entertained, informed and connected, it’s entirely fitting that this year’s Cable Congress will take place in London, Europe’s undisputed Digital Capital and one of the most connected cities in the world.”

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. Highlights include:

  • BBC World News Presenter Babita Sharma as Master of Ceremony
  • CNN anchor Becky Anderson’s exclusive interview with Liberty Global CEO Michael Fries
  • Keynote speech by Neil Berkett, CEO, Virgin Media
  • Ed Vaizey, MP & UK Minister for Culture, Communications & Creative Industries
  • CEO panel featuring Berit Svendsen, Telenor Norway, Rosalia Portela, ONO and Dana Strong, UPC Ireland
  • Lorenz Glatz, CTO, Kabel Deutschland

New content, programme updates and interviews are being added regularly to www.cablecongress.com and don’t forget that 22 February is the last day to submit nomination entries for Cable Europe’s 2013 Fellow and Innovation Awards.

Liberty Global to Acquire Virgin Media

Liberty Global and Virgin Media have agreed a deal whereby the international service provider will acquire the UK’s sole large-scale cable operator.

liberty global virgin media_smallThe merger of the two companies will create a service provider with 25 million customers across 14 countries.

“Adding Virgin Media to our large and growing European operations is a natural extension of the value creation strategy we’ve been successfully using for over seven years. Virgin Media will add significant scale and a first-class management team in Europe’s largest and most dynamic media and communications market. After the deal, roughly 80% of Liberty Global’s revenue will come from just five attractive and strong countries – the UK, Germany, Belgium, Switzerland and the Netherlands,” said Liberty Global CEO Mike Fries. “Like all of our strategic acquisitions we expect this combination to yield meaningful operating and capex synergies of approximately US$180 million per year upon full integration. But just as importantly, Virgin Media’s market leading innovation and product expertise, particularly in mobile and B2B, will accelerate our own development of these business segments.”

“This deal is good news for the company, its customers and our people. Together, Liberty Global and Virgin Media are in a great position to shake up the industry and bring the full power of digital technology to UK consumers,” said Richard Branson.

More information in Liberty Global’s press release: http://www.lgi.com/pdf/press-release/02-05-Final-Transaction-Announcement.pdf

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