Advertisement
Singapore markets closed

  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     

  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • Bitcoin USD

    64,305.12
    +886.92 (+1.40%)
     

  • CMC Crypto 200

    1,380.26
    +67.64 (+5.15%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • Dow

    37,986.40
    +211.02 (+0.56%)
     

  • Nasdaq

    15,282.01
    -319.49 (-2.05%)
     

  • Gold

    2,402.90
    +4.90 (+0.20%)
     

  • Crude Oil

    83.23
    +0.50 (+0.60%)
     

  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     

  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     

  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     

  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

Liberty Global CEO - no timeframe on talks with Vodafone

Reuters
Mike Fries, President and CEO of Liberty Global Inc, speaks at the UBS 40th Annual Global Media and Communications Conference in New York, December 5, 2012. REUTERS/Carlo Allegri

AMSTERDAM (Reuters) - There was no timeframe for talks between telecommunications group Liberty Global and rival Vodafone on swapping assets from the two global companies' portfolios, the former's chief executive officer said on Thursday.

Asked at a conference in Amsterdam whether there was a timeframe for the talks, Michael Fries said: "No timeframe. I can't add anything else."

Vodafone, the world's second largest mobile company, said in June that it was in talks with Liberty Global, Europe's largest cable operator, over the possibility of swapping selected assets to enable them to better compete with rivals.

(Reporting By Yorul Bahceli, writing by Thomas Escritt, editing by William Hardy)