2013 was a landmark year for Liberty Global, highlighted by the milestone acquisition of Virgin Media. The deal, our biggest ever, solidified our position as the world’s largest international cable company. With our 35,000 people, we are now serving over 24 million customers across 14 countries.
The year of Virgin Media
With a $24 billion price tag, the Virgin Media deal was the largest global media transaction in years. When we announced the acquisition in February 2013, it instantly became one of the leading business stories around the globe.
With Virgin Media we entered the UK, Europe’s largest and most vibrant media and communications market. With nearly five million customers subscribing to over 12 million television, broadband internet and telephony services, it became our largest operation with
Meet Virgin Media
The Virgin Media acquisition perfectly fits our long-term strategy to build scale and focus our business on Europe. After having completed almost $60 billion worth of deals since 2005, Europe accounted for over 90% of our $17 billion of combined revenue in 2013.
Building scale in Europe
As One Company, we are in a superior position to drive further growth and innovation. To our people, the addition of Virgin Media provides a terrific opportunity to excel within an even larger and more diverse Liberty Global family.