Liberty Global’s GigaCity Broadband Rollouts Accelerate
September 30 2019 - 4:30AM
Business Wire
- Liberty Global operating companies launch GigaCities across
Switzerland, Belgium and the UK
- Millions of households and businesses across Europe now have
access to next-generation Gigabit broadband speeds
The rollout of “GigaCities” across Europe by the leading
converged video, broadband and communications company, Liberty
Global, is accelerating with the launch of Gigabit broadband speeds
throughout Switzerland, Brussels and Flanders in Belgium, as well
as the UK.
The announcements – by Virgin Media in the UK, Telenet in
Belgium and UPC Switzerland, enabled by their partnership with
parent company Liberty Global – come hot on the heels of 12
GigaCity deployments in Poland and three in Slovakia earlier this
year.
It means that millions of Liberty Global GigaCity customers now
have access to 1 Gigabit broadband speeds, allowing them to
download an Ultra High Definition 4K film at a dramatically higher
rate, and use multiple streaming devices at the same time. It opens
up a world of possibilities, including cloud-based gaming, 8K
streaming, remote health telemonitoring and advanced telepresence,
which could enable consumers to go ‘virtual reality shopping’ or
watch live broadcasts of holographic sports events.
Today, Virgin Media is bringing next-generation broadband to
Southampton, making it the first city in the UK where Virgin
customers can access 1 Gigabit speeds. Last week, Telenet, Liberty
Global’s consumer brand in Belgium, launched Gigabit speeds across
Flanders and Brussels, expanding the network to more than 3 million
connectable houses and businesses in the region.
Liberty Global’s Swiss operating company, UPC Switzerland, also
launched 1 Gigabit speeds across its entire footprint last week,
both in cities and rural areas. As a result, more than 75 percent
of all Swiss households can benefit from the deployment.
Mike Fries, CEO, and Liberty Global, said: “Once again, we are
creating the next-generation of broadband in Europe. Our latest
GigaCity rollouts show that we are the speed leader, but that’s
just the start – security, reliability and privacy are just as
important as fast broadband.”
The new rollouts follow 12 Polish cities, including Warsaw,
Kraków and Gdańsk, and three cities in Slovakia, where Liberty
Global has made Gigabit connections available at scale. More
GigaCities are set to launch in the coming months and throughout
2020, as Liberty Global continues to lead the revolution of
superfast internet across Europe.
By providing ultra-high capacity, reliable, secure, resilient
and low latency networks, GigaCities will unlock significant
economic growth. According to research from international
management consulting firm, Arthur D. Little, the innovation
spurred by the widespread availability of Gigabit speeds are
estimated to deliver between €250-660 billion of economic value per
year in Europe by 2025.
ABOUT LIBERTY GLOBAL
Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is one of the
world’s leading converged video, broadband and communications
companies, with operations in six European countries under the
consumer brands Virgin Media, Telenet and UPC. We invest in the
infrastructure and digital platforms that empower our customers to
make the most of the digital revolution. Our substantial scale and
commitment to innovation enable us to develop market-leading
products delivered through next-generation networks that connect 11
million customers subscribing to 25 million TV, broadband internet
and telephony services. We also serve 6 million mobile subscribers
and offer WiFi service through millions of 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 investments in ITV, All3Media, ITI Neovision,
LionsGate, the Formula E racing series and several regional sports
networks.
For more information, please visit www.libertyglobal.com.
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