History
Liberty Global Inc. was founded in 2005 when Liberty Media International, Inc. (LMI) and UnitedGlobalCom, Inc. (UGC) merged. LMI and UGC became subsidiaries of Liberty Global. UGC founder was Gene Schneider. UGC was also built on acquisitions.[11] United International Holding, later called UGC, acquired 50% of UPC from Dutch electronic concern Philips in 1995, and 100% in 1997.
The new entity had operations in 18 countries and networks over approximately 23 million homes, making it one of the largest broadband services companies in the world.[12][13]
Liberty acquired German company Unitymedia in November 2009 for $5.2 billion.[14] In 2010, Liberty sold its stake in Jupiter Telecommunications, a Japanese telecommunications-services provider.[15]
On November 9, 2012, Liberty Global acquired Puerto Rico-based cable company OneLink Communications.
In January 2013, Liberty Global raised its stake in Belgium-based Telenet from 50.2% to 58%. In June 2013, Liberty Global acquired British cable group Virgin Media for $24 billion in cash and stock.[16][17] The acquisition was noted by The New York Times as one of the 10 largest cable deals of all time.[18] It was reported that this acquisition would make Liberty Global the largest broadband company in the world.[6] Liberty agreed in October 2013 to sell Chellomedia for $1.035 billion except for its Benelux unit to AMC Networks.[19]
Liberty Global announced it would be acquiring Dutch cable company Ziggo for €10 billion in January 2014. The acquisition was completed in November 2014, when the services of UPC Nederland began to be merged into the new business.[20] Liberty Global and Discovery Communications became joint owners of All3Media in May 2014 in a £500 million joint deal.[21][22][23] In July 2014, Liberty Global acquired a 6.4% stake in ITV plc, valued at £481 million.[24] Liberty's stake in the company increased to 9.9% in July 2015.[25][26]
Liberty invested £7.5 million in global broadband cable network Technetix in July 2016.[35][36] In November 2016, Liberty Global's Virgin Media subsidiary released its Netflix and other app-enabled set-top V6 box.[37] Liberty Global was also ranked 88th on the Forbes "World's Most Innovative Companies" list in 2016.[38]
At the end of 2017, Liberty Global announced the decision to sell its operations in Austria, UPC Austria – the country's largest cable operator, to T-Mobile Austria for €1.9 billion, which was then rebranded Magenta Telekom.[39]
In January 2018, Liberty Latin America spun off from Liberty Global.[40] The new publicly traded company, Liberty Latin America Ltd., operates independently throughout parts of the Caribbean and South America.[41]
On May 9, 2018, Liberty Global announced the sale of its operations in Germany, Hungary, Romania and the Czech Republic to Vodafone for €19 billion ($22.7 billion).[42] The sale closed for $21.3 billion in July 2019.[43] All of these operations, formerly named UPC (Unitymedia in Germany), were since rebranded to Vodafone. In December 2018, Liberty Global announced the sale of its DTH satellite TV operations in Hungary (UPC Direct), Czech Republic, Slovakia (in both named freeSAT) and Romania (Focus Sat) to M7 Group.[44] Under M7 Group, Czech and Slovak operations were integrated with Skylink, Hungarian operations adopted Direct One name and logo, while Romanian operations retained its name, only changing its logo to match with its new parent.
In 2019, Liberty Global announced an initiative to offer broadband with speeds of 1 Gbps across several European cities through the company's GigaCities program.[45][46]
In August 2020, Liberty Global announced that it would be buying Sunrise Communications AG for $7.4 billion. The company attempted to acquire Sunrise Communications multiple times; according to Mike Fries, the chief executive officer of Liberty Global, "It wasn't a question of 'is this a good deal?' only a matter of how it would get done".[47] On the 11th November Sunrise became a subsidiary of Liberty Global.
In September 2021, Liberty Global announce the sale of its Polish operations to Iliad's subsidiary Play (P4) for $1.8bn.[48] The transaction was closed on 1 April 2022.[49]
In July 2023, Liberty Global's shareholders voted overwhelmingly for Liberty Global to redomicile from the United Kingdom to Bermuda.[50] In November 2023, Liberty Global completed the redomicile.
In November 2024, Liberty Global announced the completion of the spin-off transaction of Sunrise. This transaction resulted in Sunrise becoming an independent public entity, operating autonomously in the Swiss telecommunications market. The move allowed Liberty Global shareholders to participate directly in Sunrise's future performance.[51]
In 18 December 2025, Liberty Global sold the last UPC asset in Slovakia to E& PPF Telecom Group for €95 Million, making end to their UPC business.[52]
Merger with Vodafone in the Netherlands
In June 2015, Vodafone confirmed talks with Liberty Global focused on potential partnerships, but denied that a full merger was in the works.[53][54][55] Liberty Global invested in Guavus, a data analytics company, in September 2015.[56] In February 2016, it was announced that Vodafone and Liberty Global would merge Dutch operations. Liberty's Dutch subsidiary, Ziggo, would work with Vodafone's mobile network.[57][58]
