Liberty Global Donates $1 Million for Humanitarian Relief Efforts in the Caribbean
October 06 2017 - 08:55AM
Business Wire
Liberty Global plc ("Liberty Global") (NASDAQ: LBTYA, LBTYB,
LBTYK, LILA and LILAK) has committed $1 million of funding for
humanitarian aid in the Caribbean following the devastating impact
of Hurricane Maria and Hurricane Irma. Liberty Global operates two
telecoms businesses in the Caribbean region, Liberty Cablevison
Puerto Rico (“LCPR”) and Cable & Wireless Communications
(“CWC”), whose business covers over 20 countries in the region.
Liberty Global has donated the sum to the Liberty Foundation in
Puerto Rico and the Cable & Wireless Charitable Foundation,
established to assist victims of the hurricanes across the
region.
To date, Liberty’s fundraising drives have raised over $1.5
million, with donations also coming from Liberty Global employees
and a number of industry partners including the Premier League,
which contributed $100,000 to the Cable & Wireless Charitable
Foundation. Liberty Global has committed to matching donations made
by employees to both foundations from across our operating
companies worldwide.
The donations form part of Liberty Global’s extensive program of
humanitarian aid to the Caribbean in response to Hurricanes Maria
and Irma. This includes daily airlifting and shipping of emergency
supplies including water, food and personal care items, as well as
essential equipment such as power generators and solar light bulbs.
Our relief efforts extend across the Caribbean and will include
four major shipments to Puerto Rico during the next two weeks.
Liberty Global CEO Mike Fries said: “Following the devastating
impact of the hurricanes, we are doing everything we can to ensure
the well-being of our employees in the region who I am relieved to
say have now all been accounted for, and to provide support and
emergency supplies on the ground. These are markets that we are
proud to serve and through our donations and humanitarian aid
program we are committed to helping people across the Caribbean
region recover and rebuild.”
About Liberty Global
Liberty Global is the world’s largest international TV and
broadband company, with operations in more than 30 countries across
Europe, Latin America and the Caribbean. We invest in the
infrastructure that empowers our customers to make the most of the
digital revolution. Our scale and commitment to innovation enable
us to develop market-leading products delivered through
next-generation networks that connect our 25 million customers who
subscribe to 51 million television, broadband internet and
telephony services. We also serve over 10 million mobile
subscribers and offer WiFi service across 10 million access
points.
Liberty Global’s businesses are comprised of two stocks: the
Liberty Global Group (NASDAQ: LBTYA, LBTYB and LBTYK) for our
European operations, and the LiLAC Group (NASDAQ: LILA and LILAK,
OTC Link: LILAB), which consists of our operations in Latin America
and the Caribbean.
The Liberty Global Group operates in 12 European countries under
the consumer brands Virgin Media, Unitymedia, Telenet and UPC.
The Liberty Global Group also owns 50% of VodafoneZiggo, a Dutch
joint venture, which has 4 million customers, 10 million fixed-line
subscribers and 5 million mobile subscribers. The LiLAC Group
operates in over 20 countries in Latin America and the Caribbean
under the consumer brands VTR, Flow, Liberty, Más Móvil and BTC. In
addition, the LiLAC Group operates a sub-sea fiber network
throughout the region connecting over 40 markets.
For more information, please visit www.libertyglobal.com.
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