Liberty Global says it has officially acquired 100% of Belgian Telenet Group through its public takeover bid.
Liberty has been the longtime majority shareholder in Telenet, which is the largest cable broadband provider in Belgium and also offers mobile, video and wireline voice services.
In its financial report for the first half of the year, Telenet had said that as of June 30, 2023, it provided fixed services to a customer base of 1.7 million video subscribers, 1.75 million broadband internet subscribers and nearly 981,000 fixed-line telephony customers, along with 2.93 million mobile subscribers. The company says that it provides an average of 2.1 services per customer relationship.
