All Mike Fries articles – Page 2
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Strategy & ChangeLiberty open to shedding Virgin Media O2 stake
Liberty CEO Mike Fries labels VM O2 and VodafoneZiggo as “interesting candidates” for listing. Group sees opportunity to list any of its operating entities given the right circumstances.
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PremiumUK M&A on cards as Telefónica steps up fibre challenge
nexfibre rumoured to be on the M&A path in bid to challenge incumbency, secure UK fibre market share.
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M&ALiberty CEO ‘in M&A talks with CityFibre’
Not a done deal. Discussions are preliminary and large-scale consolidation in UK altnet market likely to attract sharp scrutiny from regulators.
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PremiumElsewhere in Telefónica UK: 350 apprentices to be taken on in 2023
New site in Paddington to replace Slough HQ in 2024.
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PremiumVodafone sliced up again: Liberty piles pressure on UK group by taking 5% stake
Liberty CEO Mike Fries describes purchase of Vodafone shares as “opportunistic”.
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PremiumTelefónica, Liberty step back from Cornerstone
Duo said to be putting wheels in motion to halve their stake in UK TowerCo to 25%
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Public AffairsDemand grows for UK Databank as living costs rise
Virgin Media O2, Vodafone, and Three donate mobile data to support internet connectivity for 500,000 people, as households struggle.
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PremiumVM O2 fibre wholesale talks “not easy”, says Schüler
CEO Lutz Schüler in “balancing act” with prospective wholesale customers.
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Strategy & ChangeCautious Virgin Media O2 seeks ‘balance’ in fibre wholesale talks
CEO Lutz Schüler in talks with prospective wholesale customers.
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Network & InfrastructureTelefonica, Liberty unveil fibre JV with InfraVia Capital
Virgin Media O2 owners agree new 50:50 JV with investment firm to fund greenfield FTTP rollout.
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Network & InfrastructureInvestor caution creeps into UK fibre altnet sector
Dramatic macroeconomic changes, supply chain issues, and competition move the goal posts for alternative fibre builders.
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Strategy & ChangeLiberty exec predicts ‘end of an era’ for altnet funding
Chief Development Officer Andrea Salvato warns altnets of rocky macro period, set to shake up challenger funding.
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Financial & PerformanceQ1 FY22: Telefónica facing challenges with a spring in its step
Strong start to FY22 saw cross-examination on prospect of a quick upgrade on guidance for the year. VM O2 the odd one out as three of Telefónica’s core markets show strengthening operational performance and clear vision for market evolution. Telefónica Tech building momentum, but strategy of buying short-term growth ...
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Financial & PerformanceVodafoneZiggo ‘prioritises customer experience’, reports “solid” Q1
Preliminary Q1 FY22 results show 37,000 mobile contract additions, taking VfZ beyond five million SIMs. Suffers inevitable impact of losing F1 rights in 2021, though damage appears contained. VodafoneZiggo pledges to supply all customers with 1Gbps connection by the end of the year.
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PeopleFries outstrips Read on earnings front
Liberty Global CEO Mike Fries took home $62m in FY21, putting him ahead of peers at fellow large telcos including Vodafone’s Nick Read.
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PremiumLiberty’s Fries hints at VodafoneZiggo talks
CEO Mike Fries said Dutch JV partners are at an “inflection point”. Wholesale opportunity could arise in the UK as VM O2 extends its reach.
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Network & InfrastructureLiberty Global’s Fries hints at UK fibre consolidation
CEO outlines plan to create a separate ‘light NatCo’ for new fibre JV. Liberty Global and Vodafone at inflection point over VodafoneZiggo. Despite fibre plans, Fries says HFC technology will be around for a long time yet.
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Network & InfrastructureVM O2 seeks partners for £1bn fibre rollout
Telefónica and Liberty Global said to be contacting investors soon. Move would underpin aim to turn JV into “national fixed–mobile champion” to rival BT. Reports say VM O2 wants to bring fibre to seven million extra homes.
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ProfileCEO Lutz Schüler relishes challenger role at VM O2
After Virgin Media O2’s first 100 days, Schüler is raring to go head-to-head with BT on full fibre, wholesale, and B2B. Reportedly in talks with Sky on fibre investment. Determined merger integration won’t slow VM O2 down. Big believer in “data and digital” for delivering what customers want; hints ...
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M&ALiberty CEO: call me, Nick, if you want to sell VodafoneZiggo
Mike Fries says Liberty “open-minded” on possibility of transaction with co-parent Vodafone. Management of Dutch JV conducting “strategic review” around issues including infrastructure and content ownership.
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