The BBC reported that:
The deal will create the world's largest broadband company, with 25 million customers in 14 countries.See also the formal announcement from Liberty Global.
In the UK, it will be the second biggest pay-TV business after BSkyB.
The merger, subject to shareholder and regulatory approval, puts Mr Malone in competition with Rupert Murdoch, whose media empire owns 39% of BSkyB.
Following the deal, about 80% of Liberty Global's revenue will come from five European countries: the UK, Germany, Belgium, Switzerland and the Netherlands.