Saturday , January 16 2021

Liberty Global could charge 114 million dollars to Romanian television and three other countries in the region




Business Hi-Tech

Liberty Global could charge 114 million dollars to Romanian television and three other countries in the region

US Liberty Global, the world's largest cable and Internet operator, is on its way to signing the sale of satellite television operations in Romania, Hungary, the Czech Republic and Slovakia, which is down by less than 800,000 users, worth $ 114 million, Bloomberg's news agency quotes source familiar with conversations.

"Liberty Global focuses on cable services to the richest markets in the West," Bloomberg notes.

Exit from this company in Romania and other markets in the region – the operation that has fallen in recent years – was an expected move after a deal that Liberty sold its fixed operations from several continental Vodafone markets to over $ 18 billion in transactions awaiting green light at the European Commission . "HSBC analysts rated the satellite television operations in four countries at $ 114 million," Bloomberg said.


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