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Liberty exacerbates European exodus with UPC sale to Sunrise

Liberty Global’s UPC, the great shrinking superpower of European cable, plans to sell off its Swiss operations to local telco Sunrise, in a market where Liberty has long been rumored to be a consolidation driver – except it was supposed to be the other way around. As John Malone seeks new ventures, monitoring the Latin American and Caribbean markets closely for an acquisition target, following the recent sale of assets in Germany, Hungary and the Czech Republic to Vodafone, Liberty Global looks to be nearing a European exodus which would leave it with just one remaining wholly owned operation with Virgin Media in the UK and Ireland – its only consistently performing region. That is of course excluding the contentious…

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