Liberty Global acquires Cablecom

30 Sep 2005

Liberty Global has announced that it has reached agreement to acquire 100% of Switzerland’s largest broadband operator Cablecom Holdings from a group of shareholders that include Apollo Management, TowerBrook Capital Partners and Goldman Sachs. Liberty Global will pay CHF2.82 billion for the company; the transaction is expected to close in October. Cablecom has around two million video, voice, and data subscribers, and will give Liberty a presence in 14 European countries.

Switzerland, UPC Switzerland