|Bid||22.00 x 1200|
|Ask||24.12 x 1100|
|Day's range||22.79 - 23.32|
|52-week range||15.24 - 28.62|
|Beta (5Y monthly)||1.25|
|PE ratio (TTM)||1.32|
|Earnings date||06 Aug 2019 - 12 Aug 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||24.39|
Liberty Global plc ("Liberty Global" or the "Company") (NASDAQ: LBTYA, LBTYB and LBTYK) will be holding its 2020 Annual General Meeting of Shareholders ("AGM") on Tuesday, June 30, 2020 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time and 4:00 p.m. British Summer Time).
Liberty Global Ventures and Zouk Capital today announce a joint venture partnership, Liberty Charge, which will roll out on-street residential electric vehicle charging points in the UK.
The biggest deal since the coronavirus forced the world into a lockdown was sealed thanks to a frantic round of late night calls among bearded faces and without even a virtual toast to mark the creation of a new force in the British telecoms sector. Telefonica <TEF.MC> started courting Liberty Global <LBTYA.O> in October sharing its ambition of crafting a deal for its British mobile operator O2 that would help the Spanish telecoms firm cut debt while retaining significant exposure to the UK market, three sources close to the deal told Reuters. Liberty's billionaire founder John Malone was onboard, eager to extract value from British cable firm Virgin Media [VMII.UL].
The regulators said "NO" when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. Telefonica and Liberty Global today announced a plan to merge the Spanish telco's UK mobile carrier O2 with Virgin Media, a pay-TV and broadband provider in the country owned by Liberty.
Liberty Global and Telefonica have agreed to merge their British businesses in a $38 billion deal that will create a powerhouse in mobile and broadband to take on market leader BT. In the biggest shake-up of the British telecoms market for five years, the deal will bring together the biggest cable TV provider in Liberty's Virgin Media with Telefonica's O2, the second-largest mobile operator. The tie-up mirrors a succession of European deals struck by Liberty's billionaire founder John Malone to create one-stop shops for mobile and broadband.
Internet supplier Virgin Media and mobile phone carrier O2 plan to merge and create a big new telecommunications provider in the U.K., the brands’ parent companies announced Thursday. Virgin Media’s owner, Anglo-Dutch-American firm Liberty Global, and Spain’s Telefonica, which owns O2, valued the new company at 31 billion pounds ($38 billion). Telefonica chief executive Jose Maria Alvarez-Pallete said that “combining O2′s number one mobile business with Virgin Media’s superfast broadband network and entertainment services will be a game-changer in the U.K.”
The companies are expected to announce the deal to merge Telefonica's British mobile operator O2 and Liberty's Virgin Cable network company on Thursday after five months of negotiations, the newspaper said citing sources. The parent companies, which expect to achieve 700 million pounds worth of synergies by merging, would have equal ownership of the combined entity, the report said, adding that Telefónica would receive 5.5 billion pounds in cash to help it reduce its heavy debt. Liberty Global and Telefónica did not immediately respond to Reuters requests for comment.
Liberty Global plc today announced its Q1 2020 financial results. Our former operations in Austria, Germany, Hungary, Romania and the Czech Republic, along with our DTH business (collectively, the "Discontinued Operations") are presented as discontinued operations for the three months ended March 31, 2019. Unless otherwise indicated, the information in this release relates only to our continuing operations.
Liberty Global plc ("Liberty Global" or the "Company") (NASDAQ: LBTYA, LBTYB and LBTYK) today announced plans to release its first quarter 2020 results on Wednesday, May 6, 2020 after Nasdaq market close. You are invited to participate in its Investor Call, which will begin the following day at 09:00 a.m. (Eastern Time) on Thursday, May 7, 2020. During the call, management will discuss the Company’s results, and may provide other forward-looking information. Please dial in using the information provided below at least 15 minutes prior to the start of the call.
The two have started a negotiation process to merge Telefonica's British mobile operator O2 and Liberty's Virgin Media network company, the Spanish company said in a stock market filing. There is "no guarantee, at this point, of its precise terms or its probability of success," Telefonica added.
What happened Shares of both Liberty Global (NASDAQ: LBTYA)(NASDAQ: LBTYK) and Telefonica (NYSE: TEF) traded higher on Friday, after Bloomberg reported these telecommunication companies are planning to merge operations in the United Kingdom.
Spain's Telefonica SA <TEF.MC> is in talks with billionaire John Malone's Liberty Global Plc <LBTYA.O> to explore a merger of its British mobile operator O2 with Liberty's Virgin Media cable network company, two sources familiar with the matter said. Telefonica has been weighing options for the mobile business since 2016 when a previous 10.3 billion pound deal takeover of O2 by Three UK, controlled by CK Hutchison Holdings <0001.HK>, was blocked by European antitrust regulators, banking sources said. A combination of O2 and Virgin Media would reshape Britain's telecoms industry, leaving Hutchison and Vodafone <VOD.L> stranded without their own fixed-line consumer networks.
Liberty Global, one of the world’s leading converged video, broadband and communications companies operating across Europe, announced today the formation of a new Liberty Global Response Fund intended to help employees and their families who have been significantly affected by the COVID-19 crisis.
Britain's big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the government said on Sunday. The companies, which include BT, Virgin Media , Sky and TalkTalk, committed to support and protect vulnerable customers during the pandemic after talks with the government and regulator Ofcom.
The company said the breach did not happen due to a hack but occurred as the database was incorrectly configured. The database did not include any passwords or financial details and was accessible from April 2019 until Feb. 28, 2020, it added. The database, however, included limited contact information such as names, home and email addresses and phone numbers.
Investing.com - Liberty Global (NASDAQ:LBTYA) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.