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John Malone’s Liberty Global Completes Acquisition of Ireland’s TV3


“Liberty Global is the largest cable company in the world, with 27 million customers across 14 countries. Assets include Virgin Media, Unity Media and Ziggo. The company is looking to diversify its offering by owning more wireless assets so it can get into the quad play business: offering TV, landline phone, broadband Internet and wireless service.

It has steadily increased its presence in the UK market, buying pay-TV and broadband company Virgin Media for $24 billion in 2013 and buying out BSkyB’s 6.4% stake in ITV last year for $750 million. The company is also currently in talks with Vodafone over an asset sharing agreement with the telco that some believe may lead to Liberty’s eventual takeover of the company. Vodafone reps have denied the talks are related to an acquisition. Vodafone has itself been linked to an expression of interest in the Murdoch family’s 39% stake in pan Euro TV giant Sky.

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