All Mike Fries articles – Page 3
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M&AVirgin Media O2 has ‘six or seven’ UK altnets on M&A radar
Operator looking at several altnets as acquisition targets, says parent Liberty’s CEO Mike Fries, who predicts UK will end up with “just two networks”.
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Strategy & ChangeLiberty plans ‘to be active’ as Vodafone shareholder; holds ‘more strategic’ discussions
Liberty Global CEO Mike Fries says group “intends to be active” as a 5% Vodafone shareholder, taking advantage of Margherita Della Valle’s “more strategic” management at Vodafone HQ.
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Network & Infrastructurenexfibre reiterates wholesale fibre ambitions, shares UK-wide build plans
VM O2 wholesale fibre cousin discloses 2024 footprint pipeline; confirms more than half a million premises RFS in year-one. Wholesale remains firmly on agenda, with M&A also on table…
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Public AffairsHöttges sounds alarm over EU telco vulnerability to foreign takeovers
Sharing dais with Orange and LGI, DTAG chief rails at litany of EU failings. Inflexibility and inertia dashing innovation and investment, with Vodafone and others now targeted for ”slaughter” by PE, oligarchs. Read more…
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Network & Infrastructurenexfibre maintains M&A appetite after Upp buy
Mike Fries, CEO of joint venture’s co-parent Liberty Global says fibre builder still “aggressively” focused on M&A.
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M&AVM O2 in exclusive talks to shed Cornerstone stake morsel — report
Price looks low, albeit for a minority stake, but sellers may be playing control premium long game with likes of Vantage Towers.
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M&ALiberty confirms Cornerstone stake up for grabs
Liberty Global says it is exploring sale of Cornerstone holding after months of media speculation.
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PremiumTelefónica people moves: Virgin Media O2 names new network build-out leaders
VM O2 recruits new delivery directors to oversee network expansion programme.
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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.