The plans of billionaire cable mogul John Malone — who owns Virgin Media cable and broadband, as well as hotels in Ireland — for a $6.4bn (€5.7bn) sale of UPC Switzerland fell apart after would-be purchaser Sunrise Communications concluded its shareholders won’t support the move.
Wed, 23 Oct, 2019
Vodafone shares rose 2% as it said it plans to raise about €4bn selling bonds that will be converted into shares to fund the acquisition of some of Liberty Global’s European businesses without weighing down the phone giant’s balance sheet.
Wed, 06 Mar, 2019
When Carolyn McCall left the media world for the airline industry seven years ago, newspaper publishers were under siege from a shift online that sucked away advertising revenue. Now she’s coming back to run ITV, just as the battleground has moved to television.
Tue, 18 Jul, 2017
US billionaire John Malone has secured planning permission for a major extension to his Hilton hotel at Charlemont Place at Grand Canal in Dublin after An Bord Pleanála gave the go-ahead for a seven-storey, 97-bedroom extension.
Sat, 10 Dec, 2016
Virgin Media Ireland increased revenue by 2% to €100m in the three months to the end of June despite declining customer numbers. The company said revenue edged higher in the second quarter of the year as more customers availed of its “high value offerings”.
Sat, 06 Aug, 2016
Wed, 18 Nov, 2015
Fledgling broadcaster UTV Ireland’s news staff in the Dublin Docklands were assured yesterday that their jobs were safe after Britain’s ITV confirmed it will buy all of the UTV Media Group’s television operations, but the £100m (€135.9m) deal still faces regulatory hurdles.
Tue, 20 Oct, 2015
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.
Thu, 06 Aug, 2015
Global communications giant Liberty Global, owner of television cable company UPC Ireland, has struck a deal to buy broadcaster TV3 for €87m, a development that will stiffen competition for RTÉ and the troubled fledgling station UTV Ireland.
Sat, 04 Jul, 2015
Fans’ leaders will oppose any attempt to screen live Premier League matches on Saturday afternoons after it was revealed cable giant Virgin Media has lodged a formal complaint with the broadcast regulator Ofcom about television rights sales.
Tue, 30 Sep, 2014
IRISH hotel operating group Choice Hotels have taken over management of the Blarney Golf Resort, which was snapped up this year by Northern Ireland-based investor Tommy O’Gorman for c€2.5m, after seeing a c€40 investment in its initial resort and hotel development.
Thu, 24 Jul, 2014