Liberty Global to acquire Cable & Wireless of the Caribbean?

[1andrew1]

One Cable & Wireless company (C&W Worldwide) was acquired by Vodafone. The other one (C&W Communications) may be acquired by Liberty Global. Some readers may remember that C&W used to own a cable network in the UK which now forms part of Virgin Media.

http://www.broadbandtvnews.com/2015/...akeover-talks/

[johnholmes]

Liberty Global swoops for £3.7bn CWC takeover

Cable cowboy John Malone moves for full control of London-listed Caribbean telecoms operator formerly known as Cable & Wireless

http://www.telegraph.co.uk/finance/n...-takeover.html

Point of Information - C&W Comms bought out Bell CableMedia (who I used to work for), until NTL bought them out.

[Horizon]

Everything goes full circle.....

Another step towards Vodafone and Liberty coming together.

[qasdfdsaq]

Originally Posted by johnholmes

The telecoms operator formerly known as Cable & Wireless

Hah

[Ignitionnet]

Originally Posted by Horizon

Everything goes full circle.....

Another step towards Vodafone and Liberty coming together.

I thought that fell through due to Malone's hatred for paying tax and Vodafone's, understandable, reluctance to give up control to a smaller company to facilitate Malone's tax avoidance?

[Kushan]

Originally Posted by Hugh

Point of Information - C&W Comms bought out Bell CableMedia (who I used to work for), until NTL bought them out.

The more things change, the more they stay the same.

[Pierre]

Originally Posted by Hugh

Point of Information - C&W Comms bought out Bell CableMedia (who I used to work for), until NTL bought them out.

C&W bought BCM, Nynex and Videotron. It didn't work out and NTL bought them, now under the umbrella of ConsumerCo for £8 Billlion in 1999.

C&W in the UK then bought Energis, Thus, Fibrenet, Yourcoms.

The company then split it operations into CWC which was the Caribbean and other small operations such as the channel islands and far east. (Which recently also bought Columbus Networks in the same region.)


And Cable and Wireless Worldwide which was the UK operation and the Submarine cable network which is what Vodafone bought.

If this deal does go ahead, contrary to the suggestion it will be a step closer to a Vodafone/VM merge, it will actually be a many steps farther away.

[Horizon]

Originally Posted by Ignitionnet

I thought that fell through due to Malone's hatred for paying tax and Vodafone's, understandable, reluctance to give up control to a smaller company to facilitate Malone's tax avoidance?

No, they're still talking to each other. Industry speculation is when, not if, these two come together. But as you say, one company that likes to make a profit and pay dividends is a very different kettle of fish to another company that operates in a sea of debt and pays no tax.

[Pierre]

Originally Posted by Horizon

No, they're still talking to each other.

According to who? Not what I've heard.

Industry speculation is when, not if, these two come together.

it's what some would have liked to have seen. But Malones already moved on, looking at c&w and other content providers.

It was always Vodafone that was looking for the deal. LG where in the driving seat and a deal wasn't going to happen if not on their terms, hence why it didn't fly.

[vm_tech]

It was announced all discussions were off a while back

---------- Post added at 22:52 ---------- Previous post was at 22:51 ----------

With Vodafone that is

[Media Boy UK]

Do anyone else think Liberty Global may bid to buy scandal hit TalkTalk?

[Pierre]

Originally Posted by Media Boy

Do anyone else think Liberty Global may bid to buy scandal hit TalkTalk?

No.

When Liberty bought VM they made it very clear that they were in the cable business and had no interest in being an Openreach adsl reseller.

[Horizon]

Originally Posted by Pierre

According to who? Not what I've heard.

There has been numerous articles on this, just google it. Malone wants the deal, as does the Vodafone execs, but they don't agree on how to combine the two very different companies. It ain't over.

Originally Posted by Pierre

it's what some would have liked to have seen. But Malones already moved on, looking at c&w and other content providers.

The two are not mutually exclusive. Another reason for Liberty and Vodafone to combine would be to bring the two former C&W companies back under the same roof.

All media and telecoms companies need content and the means to distribute it. Malone has made quite clear he is building a global media player which can take on the likes of Disney/Time Warner/Comcast/AT&T etc, either as a direct competitor to the big media giants, or to get his company to a scale that it becomes attractive for a buyer.

Originally Posted by Pierre

It was always Vodafone that was looking for the deal. LG where in the driving seat and a deal wasn't going to happen if not on their terms, hence why it didn't fly.

It will happen because there is still massive consolidation to happen in the media/telecoms world where content providers are teaming up with network providers to safeguard carriage of their own programming and the two companies are a good fit, except for the differences the way the companies are run, as discussed earlier.

---------- Post added 30-10-2015 at 00:08 ---------- Previous post was 29-10-2015 at 23:55 ----------

Originally Posted by Media Boy

Do anyone else think Liberty Global may bid to buy scandal hit TalkTalk?

No, neither do I.

I don't see TalkTalk surviving in the long term. Not because of the recent scandal, but simply because they will get squeezed out of the market.

TalkTalk do not own their own programming and they do not own the means to distribute it.

There are 3 main players here: BT, Sky and VM. All three of these companies will/or already do, own their own content, have a cable network to distribute the content and have a mobile network. Perhaps there may be a fourth player, it all depends on who buys/merges what. But Talktalk will get bought out at some point.

Sounds like a rubbish sequel. I bet Johnny Depp's not even in it.