Liberty Global 
O2 
Virgin Media 
Liberty Global has announced first quarter 2017 results for its Liberty Global Group and LiLAC Group. European operating income for Liberty Global Group was down 18% year-on-year at $431 million, owing to decreases in operating cash flow (OCF), depreciation and amortization.“In terms of our European financials, we had a soft start to the year on the revenue front with 2% rebased growth in Q1, mainly due to challenging mobile results in Belgium and the U.K.,” said Liberty Global CEO Mike...
Liberty Global
Mike
Fries
CEO
Early in the coronavirus crisis, Fries set up the $4 million Liberty Global Fund to help employees and their families affected by the pandemic, contributing $1 million of his own money. He also crafted two of the COVID era’s largest telecom deals, facilitating Liberty Global’s $38 billion merger of its company Virgin Media with Telefónica’s O2, and leading Liberty Global’s 100% acquisition of Swiss telecom company Sunrise Communications Group AG. The son of veteran Hollywood producer Charles Fries (“Troop Beverly Hills”), he started out as an investment banker, joining United International Holdings in 1990 as its fifth employee. In 2005, the company merged with Liberty Media International, and Fries became president and CEO of the resulting company, Liberty Global, and chairman John C. Malone’s right-hand man.
