Feeds

Liberty, UGC complete merger

As expected

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Cable TV giant Liberty Media International, Inc. (LMI) and broadband outfit UnitedGlobalCom, Inc. (UGC) have completed the merger they agreed earlier this year.

The deal was closed yesterday with an overwhelming majority of shareholders voting in favour of the merger.

As a result of the deal, Liberty Global has become the new parent company of LMI and UGC.

With operations in 18 countries and networks that pass nearly 23 million homes, Liberty Global has become one of the largest broadband services companies in the world.

Said chairman John Malone in a statement: "As our operations in Europe, Japan and Chile have demonstrated over the last five years, the broadband video, voice and data business outside the US is a fantastic growth story."

He added that the company was well placed to expand in Europe and Japan.

Last month UGC bought NTL's cable business in Ireland for €325m (£222m). ®

Related stories

Liberty Media and UnitedGlobalCom to merge
NTL flogs Irish cableco

Secure remote control for conventional and virtual desktops

More from The Register

next story
Sea-Me-We 5 construction starts
New sub cable to go live 2016
EE coughs to BROKEN data usage metrics BLUNDER that short-changes customers
Carrier apologises for 'inflated' measurements cockup
Comcast: Help, help, FCC. Netflix and pals are EXTORTIONISTS
The others guys are being mean so therefore ... monopoly all good, yeah?
Surprise: if you work from home you need the Internet
Buffer-rage sends Aussies out to experience road rage
EE buys 58 Phones 4u stores for £2.5m after picking over carcass
Operator says it will safeguard 359 jobs, plans lick of paint
MOST iPhone strokers SPURN iOS 8: iOS 7 'un-updatening' in 5...4...
Guess they don't like our battery-draining update?
Internet Transit price falls slowing: Telegeography
Brazilians get waxed, Londoners get a steal
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.