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(Bloomberg) Billionaire John Malone’s cable group Liberty Global Plc is talking to partners about ways to carve out its network assets, according to people familiar with the matter. London-based Liberty is considering splitting off its telecom infrastructure such as cables and fiber, leaving its remaining businesses to focus on providing mobile, internet and TV services, said the people, who asked not to be named because the discussions are private. Executives at Spain’s Telefonica SA, which co-owns Liberty’s biggest asset Virgin Media O2 are open to applying that idea to their recently-merged U.K. business, the people said. Liberty also co-owns VodafoneZiggo, a joint venture in Holland, Telenet Group Holding NV in Belgium, and Sunrise UPC in Switzerland. It’s hired consultancy Accenture Plc to help with the work, according to two of the people. Liberty Global shares were up 1.1% at $29.84 as of 10:48 a.m. in New York. Virgin Media O2’s fixed-line network could be worth ....