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Broadband

Liberty Global completes USD 272.5 mln Choice Cable TV buy

Friday 5 June 2015 | 14:30 CET | News
Liberty Global and Searchlight Capital Partners have completed the purchase of Puerto Rican cable and broadband services provider Choice Cable TV for USD 272.5 million after having secured the necessary regulatory approval. Choice's operations will be combined with Liberty Cablevision of Puerto Rico, and the combined business, which will be 60 percent-owned by Liberty Global and 40 percent-owned by Searchlight, will be the largest cable operator on the island, with over one million homes passed and over USD 390 million in annual revenues. Liberty Global said its 60 percent ownership interest

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Categories: Fixed
Companies: Liberty Global
Countries: Puerto Rico
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