You will be redirected back to your article in seconds

Liberty unit to purchase Noos

Buy expands UnitedGlobalCom presence in digital market

Liberty Media’s cabler UnitedGlobalCom received European Union approval to buy French cable operator Noos for e660 million ($791 million) on Tuesday.

UnitedGlobalCom will buy the business from Paris-based water utility Suez to expand its presence in the digital market. Suez, the world’s second-largest water company, will own 20% of UnitedGlobalCom’s French holding company, Mediareseaux.

The combined company will have about 1.8 million subscribers and revenue of about $477 million based on results for fiscal 2003, Denver-based UnitedGlobalCom said in March.

The purchase will add to the company’s presence in the European high-speed Internet market, UnitedGlobalCom CEO Mike Fries said at the time.

Liberty, controlled by John Malone, intends to spin off its 55% stake in UnitedGlobalCom to form Liberty Media Intl. The new company will also own cable companies in Japan and Latin America.

More TV

  • THE BACHELOR WINTER GAMES - Is

    'Bachelor Winter Games' Cast Talks Surprise Engagement, Finding Love in Four Episodes

    Liberty Media’s cabler UnitedGlobalCom received European Union approval to buy French cable operator Noos for e660 million ($791 million) on Tuesday. UnitedGlobalCom will buy the business from Paris-based water utility Suez to expand its presence in the digital market. Suez, the world’s second-largest water company, will own 20% of UnitedGlobalCom’s French holding company, Mediareseaux. The […]

  • Oscar-Nominated Film Editor Edward Abroms Dies

    Oscar-Nominated Film Editor Edward Abroms Dies at 82

    Liberty Media’s cabler UnitedGlobalCom received European Union approval to buy French cable operator Noos for e660 million ($791 million) on Tuesday. UnitedGlobalCom will buy the business from Paris-based water utility Suez to expand its presence in the digital market. Suez, the world’s second-largest water company, will own 20% of UnitedGlobalCom’s French holding company, Mediareseaux. The […]

  • Nashville

    'Nashville' Sets Series Finale Date on CMT

    Liberty Media’s cabler UnitedGlobalCom received European Union approval to buy French cable operator Noos for e660 million ($791 million) on Tuesday. UnitedGlobalCom will buy the business from Paris-based water utility Suez to expand its presence in the digital market. Suez, the world’s second-largest water company, will own 20% of UnitedGlobalCom’s French holding company, Mediareseaux. The […]

  • Saban Media Center Television Academy

    Television Academy Sets New Standards of Professional Conduct

    Liberty Media’s cabler UnitedGlobalCom received European Union approval to buy French cable operator Noos for e660 million ($791 million) on Tuesday. UnitedGlobalCom will buy the business from Paris-based water utility Suez to expand its presence in the digital market. Suez, the world’s second-largest water company, will own 20% of UnitedGlobalCom’s French holding company, Mediareseaux. The […]

  • THE VOICE -- "Blind Auditions" --

    'The Voice' EP Talks Season 14 Changes: Kelly Clarkson, a Block Button and a 'Save' Option

    Liberty Media’s cabler UnitedGlobalCom received European Union approval to buy French cable operator Noos for e660 million ($791 million) on Tuesday. UnitedGlobalCom will buy the business from Paris-based water utility Suez to expand its presence in the digital market. Suez, the world’s second-largest water company, will own 20% of UnitedGlobalCom’s French holding company, Mediareseaux. The […]

  • Taye Diggs

    Taye Diggs Joins April Blair-Spencer Paysinger Pilot at CW

    Liberty Media’s cabler UnitedGlobalCom received European Union approval to buy French cable operator Noos for e660 million ($791 million) on Tuesday. UnitedGlobalCom will buy the business from Paris-based water utility Suez to expand its presence in the digital market. Suez, the world’s second-largest water company, will own 20% of UnitedGlobalCom’s French holding company, Mediareseaux. The […]

  • TV News Roundup: 'Drunk History' Renewed

    TV News Roundup: 'Drunk History' Renewed for Season 6 at Comedy Central

    Liberty Media’s cabler UnitedGlobalCom received European Union approval to buy French cable operator Noos for e660 million ($791 million) on Tuesday. UnitedGlobalCom will buy the business from Paris-based water utility Suez to expand its presence in the digital market. Suez, the world’s second-largest water company, will own 20% of UnitedGlobalCom’s French holding company, Mediareseaux. The […]

More From Our Brands

Access exclusive content