UPC Ireland - History

History

Liberty Global and its predecessors UGC Europe and Tele-Communications Inc. have had shareholdings in Chorus Communications and its predecessor, Princes Holdings (Irish Multichannel), since the company's formation in the early 1990s. Originally a joint venture with Independent News and Media, IN&M sold its shares to Liberty in 2004.

In May 2005, NTL agreed to sell its Irish operations NTL Ireland (previously Cablelink) to Liberty Global. Morgan Stanley held the shareholding until Competition Authority approval was obtained. This occurred in December 2005 and UPC Ireland came into being on December 12, 2005.

Read more about this topic:  UPC Ireland

Famous quotes containing the word history:

    The greatest honor history can bestow is that of peacemaker.
    Richard M. Nixon (1913–1995)

    Spain is an overflow of sombreness ... a strong and threatening tide of history meets you at the frontier.
    Wyndham Lewis (1882–1957)

    The history of the world is none other than the progress of the consciousness of freedom.
    Georg Wilhelm Friedrich Hegel (1770–1831)