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The Times reports Liberty Global is looking at selling some or all of their VMO2 shareholding:

With 5.8 million cable TV customers, 5.7 million broadband customers and 16.1 million mobile customers, Schüler is nipping at the heels of Philip Jansen, chief executive of BT.

However, as its part-owner Liberty Global eyes a sale of all or part its stake, Schuler has his work cut out to prepare VMO2 for a possible stock market float. Customer service at Virgin Media needs improving, cable TV customers are switching off and inflation is driving up the cost of laying fibre cables in the ground.

Last month, Mike Fries, the boss of Liberty Global, the US cable giant that shares ownership of VMO2 with Spain’s Telefonica, hinted that he was open to selling down its 50 per cent stake, which it is allowed to do in June next year. He said VMO2 was an “interesting candidate” for a listing and that it was “always on the table”.

https://www.thetimes.co.uk/article/l...o-bt-rlwjfh6sf