John Malone's European telecom giant, Liberty Global, will pay $5.3 billion to acquire U.K.-based Cable & Wireless.
Liberty Global posted 2.2 percent revenue growth to $4.6 billion for the third quarter, beating analysts' forecasts of $4.47 billion, with John Malone's international cable operator reporting a rebound in subscriber growth.
Liberty Global's UPC Hungary said customer adoption of its cloud-based advanced video system is exceeding expectations, with more than 50 percent of subscribers now using the service.
Caribbean and Latin American operator Cable & Wireless Communications is in acquisition talks with John Malone's Liberty Global, the company confirmed.
A group of banks that were previously ready to finance Charter's part in the broader Comcast-Time Warner Cable deal are now set to back its own acquisition of TWC.
Charter Communications is meeting with banks to line up $25 billion to $30 billion in financing to buy Time Warner Cable, according to the Wall Street Journal.
Pay-TV operators like Comcast, Dish Network and Liberty Global, which have been ahead of the curve in integrating over-the-top services into their portfolios, are best positioned among MVPDs to maintain growth as the overall pay-TV market stagnates over the next five years.
TiVo's momentum with cable operators continues, with the UK's biggest MSO, Liberty Global-owned Virgin Media, committing to using the tech company's set-tops through 2018.
British telecommunications conglomerate Vodafone is considering the purchase of European pay-TV company Liberty Global as it looks to counter consolidation in the U.K. telecom market.
Liberty Global said it will introduce a new tracking stock for its Latin American operations, splitting trading of its European cable operations and Latin American and Caribbean media businesses.