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Liberty Global CEO expects Dutch turnaround in H2

Friday 7 August 2015 | 09:11 CET | News
Liberty Global CEO Mike Fries expressed dissatisfaction with the weak quarterly results reported by the company's Dutch subsidiary Ziggo. Speaking during the call with analysts, he said that the network harmonization and related service quality issues lead to "truckloads" of customer complaint calls. This combined with the price increases for former UPC and Ziggo customers created a perfect storm, exacerbated by competitive pressure from KPN. He told analysts that the annual board meeting retreat was held in the Netherlands last week and the board is convinced that the local management has a

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Categories: Fixed
Companies: KPN / Liberty Global / Telenet / UPC / Ziggo
Countries: Europe / Netherlands
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