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Liberty Global Reports Q1 2021 Results


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Business Wire
Liberty Global Reports Q1 2021 Results
Commercial momentum across markets continued during Q1
Convergence strategy added +80k broadband and +146k postpaid mobile subscribers
U.K. JV with Telefonica s O2 set to close in June, subject to final approval by the U.K. regulator
Liberty Global becomes founding member of European Green Digital Coalition
Liberty Global plc today announced its Q1 2021 financial results.
CEO Mike Fries stated, “As we continue to execute through the challenges of COVID-19, we re hopeful that better and safer times lie ahead for our employees and our customers. While the well-being of our people and our customers connectivity experience remain our most important priorities, we re encouraged by the operational progress made during the first quarter of 2021, allowing us to carry forward the momentum we built last year. ....

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CMA Says Provisionally Clears Proposed Merger Of Virgin Media And Virgin Mobile With O2


CMA Says Provisionally Clears Proposed Merger Of Virgin Media And Virgin Mobile With O2
NEW YORK CITY (dpa-AFX) - The U.K. Competition and Markets Authority or CMA Wednesday said it has provisionally cleared the proposed merger of Virgin Media, Inc. (VMED.L, VMED) and Virgin Mobile with O2.
Virgin Media and Virgin Mobile are owned by Liberty Global plc, while O2 is owned by Spanish telecom major Telefonica SA (TDE.L, TEF).
The regulator noted that both Virgin and O2 provide certain wholesale services to other mobile network operators in the UK, as well as retail services to consumers. The CMA was clear at the outset of its in-depth inquiry that it was not concerned about overlapping retail services such as mobile, due to the small size of Virgin Mobile. ....

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