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Liberty Media: Spare Us A Copper Guv?

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  • 02-08-2002 9:56am
    #1
    Banned (with Prison Access) Posts: 16,659 ✭✭✭✭


    Liberty Media has agreed to buy France Telecom's Dutch cable TV unit, Casema, for EUR750 million. Liberty has been seeking to expand as rivals, such as France Telecom, struggle to cut debt and others, such as NTL, have filed for bankruptcy protection. Casema marks the company's first European takeover since German regulators blocked Liberty Media's purchase of six Deutsche Telekom networks in February.
    A pity they don't see any logic in investing in the companies they've already got.

    adam


Comments

  • Registered Users Posts: 1,534 ✭✭✭MDR


    Do they own Chorus ?


  • Closed Accounts Posts: 6,143 ✭✭✭spongebob


    ....along with Tony O Reilly who's Independent group owns the rest.

    M


  • Banned (with Prison Access) Posts: 16,659 ✭✭✭✭dahamsta


    Speaking of the good sir knight, did anyone else find it comical that the website for Chorus' wireless service is being hosted on Unison? A decect Competition Authority would have hung, drawn and quartered O'Reilly a long time ago. Ours goes the opposite way, and hands him a monopoly on a plate. Dickheads.

    adam


  • Registered Users Posts: 1,660 ✭✭✭crawler


    Be Interesting to see if they buy Telewest in the UK.......I think they have been sniffing there...


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