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LOT and Liberty Global Reach Project Cooperation

News reports:2018-02-01 view:150

On January 31, 2018, the CEO of LOT, Alex Xu, signed a cooperation agreement with Liberty Global. The two sides agreed on the quality of existing orders and agreed on the delivery date.This is the first time the two sides have put the project on the agenda since the joint venture with Liberty Global in 2017.

About Liberty Global

Liberty Global is the world's largest international TV and broadband company, with operations in 12 European countries under the consumer brands Virgin Media, Unitymedia, Telenet and UPC. We invest in the infrastructure and digital platforms that empower our customers to make the most of the video, internet and communications revolution.  Our substantial scale and commitment to innovation enable us to develop market-leading products delivered through next-generation networks that connect over 22 million customers subscribing to more than 46 million TV, broadband internet and telephony services. We also serve over 6 million mobile subscribers and offer WiFi service through 10 million access points across our footprint.

In addition, Liberty Global owns 50% of VodafoneZiggo, a joint venture in the Netherlands with 4 million customers subscribing to 10 million fixed-line and 5 million mobile services, as well as significant content investments in ITV, All3Media, LionsGate, Formula E racing series and several regional sports networks.

Key Facts:

· World's largest international TV and broadband company

· Operating in 12 European countries

· Revenue: $15.5 billion1

· Employees: 30,000

· 44.8 million homes passed

· 22.0 million fixed-line customers

· 46.0 million RGUs (video, internet, and fixed-line telephony subscribers)

· 6.0 million mobile subscribers and 10 million WiFi access points

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