Following regulatory clearance, Virgin Media and O2 will complete their transaction on June 1. Virgin Media CEO Lutz Schüler will become chief executive of the new company, while O2’s CFO Patricia Cobian will take on the same role at the merged venture.
The combined companies will have 46M video, broadband and mobile subscribers in the UK, while their joint revenue is worth £11B. The merger will create savings of £6.2B, mainly from reducing capital expenditure.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
John Malone strikes again.
Cc RegularTweetsUK Oyerista
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
“Watershed Moment” as U.K. Approves $44B Virgin Media, O2 MergerBritain’s Competition & Markets Authority (CMA) has given its final approval of the planned 50:50 joint venture, to be created in a merger valued at ($31.4 billion) $44 billion, between Liberty… None of these mega-merger deals have been good for the consumer as seen previously with BT acquiring EE in 2016 and immediately announcing 7% price increases, the unanswered question with this merger is 02 is the network Sky Mobile uses, Sky of course is Virgin Media direct rival
La source: THR - 🏆 411. / 53 Lire la suite »
“Watershed Moment” as U.K. Approves $44B Virgin Media, O2 MergerBritain’s Competition & Markets Authority (CMA) has given its final approval of the planned 50:50 joint venture, to be created in a merger valued at ($31.4 billion) $44 billion, between Liberty… None of these mega-merger deals have been good for the consumer as seen previously with BT acquiring EE in 2016 and immediately announcing 7% price increases, the unanswered question with this merger is 02 is the network Sky Mobile uses, Sky of course is Virgin Media direct rival
La source: THR - 🏆 411. / 53 Lire la suite »
France’s TF1 & M6 Enter Exclusive Merger Negotiations To Create $4B Media GiantLeading French broadcasters TF1 and M6 have entered exclusive negotiations in view of a merger that would “provide a French response to the challenges from global platforms,” TF1 parent Bouygues an…
La source: DEADLINE - 🏆 109. / 63 Lire la suite »