Liberty Global sales decline as €4.9bn Dutch unit falters

The owner of UPC in Ireland, Liberty Global, has reported a decline in second-quarter revenue as its Dutch unit Ziggo lost customers, highlighting the difficulties for billionaire John Malone’s European cable company in its hunt for growth.

Liberty Global sales decline as €4.9bn Dutch unit falters
Thu, 06 Aug, 2015 - 01:00

Liberty said it lost 87,000 subscriptions in the Netherlands in part because of “operational challenges associated with our network” and competition.

Liberty bought Ziggo last year for €4.9bn.

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CourtsPlace: IrelandPlace: NetherlandsPlace: New YorkPlace: UKPlace: GermanyPerson: John MalonePerson: MaloneOrganisation: Liberty GlobalOrganisation: UPCOrganisation: ZiggoOrganisation: rsquoOrganisation: LibertyOrganisation: Pivotal Research GroupOrganisation: VodafoneOrganisation: Three IrelandOrganisation: ITVOrganisation: TV3Organisation: Bloomberg
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