Liberty Global

Liberty Global plc is an American, British-based telecommunications and television company. It was formed in 2005 by the merger of the international arm of Liberty Media and UGC (UnitedGlobalCom), and is one of the largest broadband internet service providers in the world.

Since 2013, Liberty Global is the world's largest international cable company, with operations in 14 countries, and 35,000 employees. As of 31 December 2013, it had an annual revenue of $17.3 billion. Its cable services pass 47 million homes, with 24.5 million customers or 48.3 million RGUs (video, internet, and voice subscribers).

Liberty Global is headquartered in London, with offices in Amsterdam and in Douglas County, Colorado.

History

On 7 June 2013, Liberty Global completed the acquisition of British cable group Virgin Media for $24 billion. In January 2013, Liberty Global raised its stake in Belgium-based Telenet from 50.2% to 58%. Liberty agreed on 28 October to sell Chellomedia for $1.035 billion except for its Benelux unit to AMC Networks. It was reported that this acquisition would make Liberty Global the largest broadband company in the world.