About: http://data.cimple.eu/news-article/7f137c10514dddb36cc1c121e40e825675c62ef6b3a1fd5919d8ea10

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About: http://data.cimple.eu/news-article/7f137c10514dddb36cc1c121e40e825675c62ef6b3a1fd5919d8ea10 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Spanish group Telefonica on Monday said it was in talks with US cable giant Liberty Global to merge their telecoms operations in the UK. In a statement, Madrid-based Telefonica said it was in "talks... about a possible integration" of its O2 mobile business and Liberty's Virgin Media that provides a mix of telecoms and television services, while providing caution over a deal ending up being struck. A tie-up would marry O2's 34 million mobile phone customers with Virgin's 5.3 million broadband, pay-TV and mobile users, heaping pressure on highly-indebted British operator BT, which owns mobile brand EE. "A merger between 02 and Virgin Media could be an additional complication for BT as telecoms, broadband and content providers all battle to win and keep customers," Russ Mould, analyst at AJ Bell told AFP. "02 and Virgin Media are already rivals but a merger could give them a stronger combined package of services. "BT's cash flow is already under pressure as it looks to compete on so many fronts at once when it has a lot of debt," he added. In afternoon European trading, Telefonica shares were up 4.6 percent at 4.4 euros-- one of the only companies in positive territory on Madrid's blue-chip IBEX 35 index which was down 2.3 percent. Virgin Media is not listed, while BT rose 1.0 percent. The news comes after Telefonica in November announced restructuring plans to focus on its key markets in Spain, Britain, Germany and Brazil while spinning off its Latin American operations through a separate unit. The change in strategy came after a year in which the company posted a 66-percent slide in net profit. bur-bcp/rfj/jh
schema:headline	Telefonica, Liberty Global eye merger of UK operations
schema:mentions	BT Group Virgin Group EE Limited Agence France-Presse Spanish language Mobile phone Spain Oxygen Madrid Germany United Kingdom Brazil United States Telefónica US Cable Virgin Media Liberty Global AJ Bell Key Markets IBEX 35 Cash flow Books of Swords Latin music
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-05-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	67 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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