|Bid||19.54 x 900|
|Ask||19.72 x 3100|
|Day's Range||19.48 - 19.83|
|52 Week Range||15.22 - 29.08|
|Beta (5Y Monthly)||1.23|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 02, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.77|
Spanish telecom firm Telefonica considers the 50% stake in cellphone mast operator Cornerstone it owns with Liberty Global a "disposable asset" and sees high interest in the market for it, Chief Operating Officer Angel Vila told Reuters on Friday. No decision to sell has been made yet, though, and he declined to estimate the value of the stake, he said in a telephone interview. Long-term income streams tied to inflation have turned towers into prized investment targets and an attractive source of cash for telecom firms in Europe and elsewhere at a moment they need billions to invest in rolling out 5G networks.
Liberty Global's Telenet on Thursday said it was in talks with France's No. 1 telecoms company Orange over potential network access to Belgian cable operator VOO, which Orange plans to acquire. The companies have reached a memorandum of understanding that will structure further negotiations, Telenet said in a statement. "Orange confirms negotiations with Telenet for access to the cable network in the south," a spokesperson for the French company said.
Liberty Global's (LBTYA) third-quarter 2022 results reflect a year-over-year decline in revenues in Belgium, Switzerland and Ireland.