Mike Fries, Liberty Global's CEO, said, "Our scale, commitment and ambitious plans to invest in the infrastructure of our age make us perfect partners to deliver the EU's vision of a Gigabit Society. Today our fibre-rich networks can connect 50 million GIGAready homes and we are currently expanding to millions more over the next few years, helping accelerate the digital revolution in Europe."Robert Kenny, Founder, Communications Chambers and co-author of the report, added: "Thanks to investment already under way by cable operators, gigabit broadband will be available to roughly half the premises in Europe by 2018 - far ahead of the Commission's target of 2025. This will allow the Commission (and member states) to focus elsewhere, where interventions are necessary." About Liberty Global Liberty Global is the world's largest international TV and broadband company, with operations in more than 30 countries across Europe, Latin America and the Caribbean. We invest in the infrastructure that empowers our customers to make the most of the digital revolution. Our scale and commitment to innovation enables us to develop market-leading products delivered through next-generation networks that connect our 29 million customers who subscribe to 60 million television, broadband internet and telephony services. We also serve over 10 million mobile subscribers and offer WiFi service across seven million access points. Liberty Global's businesses are comprised of two stocks: the Liberty Global Group (NASDAQ: LBTYA, LBTYB and LBTYK) for our European operations, and the LiLAC Group (NASDAQ: LILA and LILAK, OTC Link: LILAB), which consists of our operations in Latin America and the Caribbean. The Liberty Global Group operates in 12 European countries under the consumer brands Virgin Media, Ziggo, Unitymedia, Telenet and UPC. The LiLAC Group operates in over 20 countries in Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil and BTC. In addition, the LiLAC Group operates a subsea fiber network throughout the region in over 30 markets.
For more information, please visit www.libertyglobal.com.