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:
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