LIBERTY GLOBAL COMPLETES THE SALE OF ITS OPERATIONS IN GERMANY, HUNGARY, ROMANIA AND THE CZECH REPUBLIC TO VODAFONE

Denver, Colorado – July 31, 2019

Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK) today announced that it has completed the sale of its operations in Germany, Hungary, Romania and the Czech Republic to Vodafone Group plc (“Vodafone”) for approximately €19.0 billion ($21.3 billion) 1 on a U.S. GAAP basis2. The purchase price represents a multiple for all four businesses combined of 11.5x3 adjusted Segment OCF4, or approximately 24.0x operating free cash flow (“OFCF”)5, for 2017 (the full year prior to announcement).

The net cash proceeds were approximately €10.1 billion ($11.3 billion)1.

We have hedged the foreign currency risk associated with the net proceeds through the use of various derivative instruments, which had the effect of converting the majority of the euro denominated proceeds into U.S. dollars at an average USD/EUR exchange rate of 1.12.

ABOUT LIBERTY GLOBAL

Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is one of the world’s leading converged video, broadband and communications companies, with operations in six European countries under the consumer brands Virgin Media, Telenet and UPC. We invest in the infrastructure and digital platforms that empower our customers to make the most of the digital revolution. Our substantial scale and commitment to innovation enable us to develop market-leading products delivered through next-generation networks that connect 11 million customers subscribing to 25 million TV, broadband internet and telephony services. We also serve 6 million mobile subscribers and offer WiFi service through millions of access points across our footprint.

In addition, Liberty Global owns 50% of VodafoneZiggo, a joint venture in the Netherlands with 4 million customers subscribing to 10 million fixed-line and 5 million mobile services, as well as significant investments in ITV, All3Media, ITI Neovision, LionsGate, the Formula E racing series and several regional sports networks.

For more information, please visit www.libertyglobal.com or contact:

Investor Relations: Molly Bruce +1 303 220 4202, Matt Beake +44 20 8483 6428

Corporate Communications: Matt Coates +44 20 8483 6333, John Rea +1 303 220 4238, Stefan Halters +44 20 8483 6211

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1 Convenience translation based on USD/EUR rate of 1.12. The amount of net cash proceeds we received from the transaction differs from the amount we estimated at the time the deal was announced in May 2018 primarily due to the net effect of (i) adverse movement in the EUR/USD exchange rate, (ii) higher vendor financing at Unitymedia in the interim period between transaction announcement and closing, which had the effect of Liberty Global receiving a corresponding increase in cash generated by Unitymedia during the period prior to closing, (iii) a debt recapitalization at Unitymedia, (iv) the settlement of centrally-procured vendor financing amounts that are attributable to the disposed operations, (v) changes in the value of our derivatives associated with the debt at Unitymedia and (vi) working capital and cash adjustments

2 Total enterprise value is calculated on a U.S. GAAP basis and does not include any outstanding indebtedness of the UPC Holding borrowing group

3 For the purpose of the purchase price multiple calculations, the U.S. GAAP 2017 Segment OCF of Germany (€1,493 million) has been reduced by €26 million and the combined U.S. GAAP 2017 Segment OCF of Unitymedia, UPC Hungary, UPC Czech Republic and UPC Romania (€1,714 million) has been reduced by €58 million, with each reduction representing the allocable estimated net amount of transitional services (excluding amounts related to costs expected to be capitalized by Liberty Global) to be provided by Liberty Global during the first year following closing. Segment OCF represents the portion of Liberty Global’s consolidated OCF that is attributed to the applicable business and gives pro forma effect to the adoption of Accounting Standards Update (“ASU") No. 2014-09, Revenue from Contracts with Customers. The Germany purchase price multiple calculation is based on our estimate of the total enterprise value that is attributable to Germany

4 Represents operating cash flow, as customarily defined by Liberty Global

5 OFCF represents adjusted Segment OCF, as described above, less property and equipment additions as customarily defined by Liberty Global

C Spire Business Named One of World’s Top Managed Service Providers in 2019

Channel Futures 12th annual ranking of 501 most elite MSPs honors nation’s first full-stack MSP

Ridgeland, Miss. (July 30, 2019) – C Spire Business has been selected for the sixth consecutive year as one of the world’s premier managed service providers by Channel Futures, one of the leading media brands devoted to the diverse spectrum of channel companies that are part of the growing digital services revolution.

C Spire Business placed 13th on the list of 501 companies worldwide released in June, up from 18th in 2018 and the only MSP in the southeastern portion of the U.S. to make the top 20 of the IT channel’s largest and most comprehensive ranking of leading managed service providers worldwide.

Every year, MSPs worldwide complete an extensive survey and application on product offerings, growth rates, annual total and recurring revenue, pricing structures, revenue mix and more and are ranked by Channel Futures based on a unique methodology that weighs how well the company’s business strategy anticipates trends in the fast-evolving channel ecosystem.

“We’re very honored to receive this recognition. It is another indicator that our best practices, strategies and technologies make all the difference in how we deliver superior IT products and services to our customers,” said Allen McIntosh, general manager of C Spire Business. “We’re proud to be recognized as an industry leader.”

A unit of C Spire, a diversified telecommunications and technology services company, C Spire Business joined other top MSPs on the list, including Sirius Computer Solutions, Inc., TPx Communications, PCM Inc. and Optiv Security Inc., according to Kris Blackmon, content director of Channel Partners and Channel Futures and lead of the MS 501 program.

“The 2019 MSP 501 winners are the most elite, innovative and strategic IT service providers on the planet,” Blackmon said, “and they stand as a model of excellence in the industry.” Since its inception 12 years ago, the annual list has gained popularity and clout in the industry among MSPs and business customers ranging from small businesses to enterprises.

C Spire Business, with a 57 net promoter score that makes customers 2x more likely to recommend them to others, is the industry’s first full-stack managed information technology solutions provider, but customers can count on far more than just gaining access to the latest technology, according to McIntosh.

“As the industry’s first full-stack managed solutions provider, we partner with customers to help them successfully navigate their biggest business challenges through technology and give them resources to make their business successful in an increasingly data-driven world,” McIntosh said.

C Spire Business offers advanced connectivity, cloud, software, hardware, communications, professional services, cybersecurity, business continuity and technology support in a single, seamless, managed IT solution portfolio. “From desktop to data center, we help customers work smarter, faster and more secure,” McIntosh said.

With over 500 service professionals, multiple data centers and operation of nearly 9,000 route miles of fiber optic infrastructure, C Spire Business is dedicated to delivering world-class managed services to a variety of businesses. The firm is ranked 9th in the world among cloud service and No. 1 in the world among health care managed IT service providers, McIntosh added.

The 2019 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected Feb. 28 through May 31. The MSP 501 list recognizes top managed service providers based on metrics, including recurring revenue, growth and other factors.

About C Spire Business
C Spire Business is a unit of C Spire, a Mississippi-based diversified telecommunications and technology services provider. The unit offers the nation’s first full-stack managed IT solutions suite of services, including advanced connectivity, cloud, software, hardware, communications, professional services, cybersecurity, business continuity and technology support in a single, seamless, managed IT solutions portfolio. This news release and other announcements are available at www.cspire.com/news. For more information about C Spire Business, visit www.cspire.com and click on the business tab or follow us on Facebook at www.facebook.com/cspire or Twitter at www.twitter.com/cspire.

VIRGIN MEDIA TO BRING GIGABIT INTERNET TO MILLIONS OF HOMES

Virgin Media has today unveiled a bold boost to UK broadband with plans that will bring next-generation gigabit internet to its entire network by the end of 2021. The move will make Virgin Media the UK’s largest and fastest widely available residential gigabit connectivity provider.

Providing nearly 15 million UK households with access to gigabit internet speeds represents a significant step towards delivering the Government’s ambition to make reliable, gigabit-capable connections widely available over the coming years.

This next-generation service will be introduced in cities across Virgin Media’s national network later in the year, starting with Southampton. The first customers trialling these speeds have already been connected.

The scale of the plan, and rapid expansion programme, will mean more than a million people will be able to access broadband speeds of 1Gbps (1,000Mbps) by the end of 2019. The speeds will allow them to take advantage of emerging consumer technologies such as cloud gaming and virtual reality entertainment as well as 8K video streaming. Millions more homes are set to benefit next year when the service is expanded across the UK.

Investments

Virgin Media, through the backing of Liberty Global, has invested billions of pounds to expand its network. It provides speed upgrades unmatched by other major providers, all while broadband usage had increased by almost 40% in the last year.

It is now rolling out next-generation broadband technology, known as DOCSIS 3.1, across its cable network which will bring faster, more reliable broadband speeds to customers’ homes. Gigabit broadband speeds will be available later in the year, with the capability to roll out multi-gigabit connections and further improvements over the next decade.

Lutz Schüler, Chief Executive Officer of Virgin Media, said: “This is a giant digital leap forward for the UK.

“Virgin Media has been the unparalleled speed leader for many years. Very soon, for the first time ever, millions of people right across the country will be able to experience hyperfast and reliable gigabit internet connections thanks to the latest technology and the power of our network.

“This upgrade plan will see gigabit speeds rolled out at an unrivalled pace right across the country, bringing our customers the future-proof connections of tomorrow.”

Sharon White, Ofcom Chief Executive, said: “We welcome Virgin Media’s commitment to investing further in its network, providing gigabit speeds to millions more households. This shows the race to roll out ultrafast speeds to people and businesses across the UK is really gathering pace.”

Virgin Media has the largest gigabit-capable network in the UK which currently passes nearly 15 million UK premises. The network consists of both fibre-rich cable and fibre connected directly to the premises, both of which can provide customers with gigabit speeds.

In February, as further proof of its network innovation and broadband speed leadership, Virgin Media began trialling the UK’s fastest home broadband with a full fibre connection offering speeds of more than 8Gbps to homes in Cambridgeshire. The trial made use of EPON (Ethernet Passive Optical Network) technology – a global point-to-point network standard.

Trials Underway

Selected Virgin Media customers are already trialling the new 1Gbps connection ahead of services going live later in the year. No changes to the line connecting the customer’s home are required to introduce services; trialists simply plug in a new router to benefit from the speeds.

Further details on the next Virgin Media gigacities as well as availability and pricing will be announced in the coming months.

Giga Potential

Gigabit speeds are projected to add billions of pounds to the economy. According to research published by Virgin Media’s parent company, Liberty Global, from international management consulting firm, Arthur D. Little, the innovation spurred by the widespread availability of gigabit speeds will unlock a market of at least 250 billion euros per year in Europe by 2025.

By providing ultra-high capacity, reliable, secure, resilient and low latency networks, gigabit connections will unlock significant growth in new technologies over the next five to 10 years. Innovative technologies such as cloud-based gaming, 8K streaming, remote health telemonitoring and advanced telepresence, which could allow consumers to go ‘virtual reality shopping’ or watch live broadcasts of holographic sports events, are amongst those set to benefit.

With Virgin Media’s hyperfast gigabit internet, ultra-high definition 4K films and TV programmes, very large files and 360 degree videos can be downloaded almost instantaneously, even with multiple devices using the connection simultaneously. The connection is almost 20 times faster than the UK average broadband connection meaning that users can, for example:

• You can download a high definition (HD) film (5GB) in just 42 seconds, compared to more than 13 minutes on the UK’s average connection

• Download an Ultra High Definition 4K film (20GB) in less than 3 minutes, compared to nearly an hour (52 minutes) on the UK’s average connection

• Download a chart-topping PlayStation 4 game, for example FIFA 18 (45GB), in just six and a half minutes, compared to nearly 2 hours on the UK’s average connection

Project Lightning

Since the start of Virgin Media’s Project Lightning network expansion programme, more than 1.7 million premises have been added to the provider’s network. This is more than the build of all the alternative broadband infrastructure providers combined.

Liberty Global has already successfully launched gigabit cities in Germany, Poland and the Netherlands using DOCSIS 3.1 technology.

Top 100: CenturyLink moves forward post Level 3 integration

After its $34 billion acquisition of Level 3 Communications at the end of 2017, CenturyLink spent much of 2018 blending the two companies together. The result is a 45,000-person, $23.4 billion company that recently became the first supplier to receive an authority to operate (ATO) under the General Services Administration’s $50 billion Enterprise Infrastructure Solutions (EIS) program.

“We worked really hard to understand our best-in-breed practices from both companies and to make sure that we were picking up the right methods to operate in the marketplace, because both have a very rich history of dealing with the government,” said David Young, who was promoted to senior vice president of CenturyLink’s strategic government group last year. “We have a deeper cybersecurity product portfolio. We do data analytics. We run one of the world’s largest IP networks. Our ability to put all of that together for our customers in one year has been a pretty incredible journey for us, and our customers rewarded us with business.”

Most notable among that new business for the company, which held onto its position as No. 29 on this year’s Top 100 list, is winning a spot on EIS and earning an ATO under the $50 billion Alliant 2 governmentwide acquisition contract.

In April, CenturyLink announced that it won the first task order awarded under EIS to provide core backbone network services with speeds of up to 100 Gbps to NASA for a nine-and-a-half-year period. The company is one of a few with approval to move forward with EIS.

Through Alliant 2, CenturyLink offers cybersecurity solutions, Internet of Things-integrated smart sensors, and on-demand servers and managed storage that support disaster recovery solutions.

The government sector also has a portfolio based on its role as a subcontractor, particularly in the defense industry.

“We have a somewhat unique model in the government space and that is we focus not on just the prime contract vehicles, but we also are very comfortable as a subcontractor,” Young said. “We have a whole market set up to go and work with the Defense Industrial Base,” a sector that enables research and development plus design, production, delivery and maintenance of military weapons systems, subsystems and components.

He also credits the channel’s success to support from the overall corporation. As CenturyLink was reforming last year after the acquisition, it chose five centers of excellence to focus on, one of which was federal business.

“For the company itself to embrace the federal marketplace is really powerful,” Young said. “Getting the resources from the company, whether it’s people or capital or IT systems is much easier if the whole company understands the importance of the marketplace.”

With the integration and ATOs settled, Young is turning his attention to areas of opportunity. Overall, the company is focusing on adaptive networking with fiber at the core of that. The idea is to build the infrastructure that future communications such as 5G require. The company already operates more than 450,000 route miles of fiber globally.

From a marketplace perspective, the sector invested hundreds of millions of dollars on extending the fiber infrastructure into government facilities. “That’s really part of our equation of the customer experience because our ability to deliver service and our ability to repair service is greatly improved when we can control the end-to-end environment, and so we’re willing to spend money wherever the government says we can bring fiber to them,” Young said.

That makes the government’s IT modernization efforts an opportunity for CenturyLink. As agencies modernize financial and reporting systems, for example, suddenly there’s a flood of traffic on the network. Without modernization, the infrastructure the app is running on can’t handle the added stress, performance degrades and users get frustrated, Young said.

What’s more, the company is looking to build new networking products on top of the fiber foundation, such as cloud or hybrid local-area networks – anything that enables more efficiency, he said. “As we build up the stack, it enables all of those efficiencies that we see in that IT modernization model,” he said.

The company’s major challenge has been moving forward with EIS. GSA’s process was slower than expected, but more solicitations will likely roll in this summer.

Looking ahead, EIS and Alliant 2 will help expand CenturyLink’s brand. As the company grows in cybersecurity, cloud and data analytics, Alliant 2 will kick in be a channel for opportunities, Young said.

“We are actively pursuing parts of the market that we have traditionally not been in, and so my belief is that we’re going to see some of our unique solutions be rewarded with awards on EIS,” he said. “I think the next place as I look into 2020 is really about Alliant 2.”

On the defense side, he said the company is gearing up to better serve the Defense Information Systems Agency, which uses EIS.

“It’s a really exciting time to be involved with the government,” Young said.

Enterprise Investors sells 3S to P4

Warsaw, June 25, 2019 — Polish Enterprise Fund VII (PEF VII), a private equity fund managed by Enterprise Investors (EI), announced today that it has signed an agreement to sell 3S, a provider of fiber-optic and data center services for B2B clients, to P4, one of the leading telecom operators in Poland.

• The enterprise value of the transaction is EUR 96 million;

• The transaction is conditional upon obtaining antimonopoly approval.

3S is the owner and operator of a 3,800km-long, best-in-class fiber-optic network connected with a geographically diversified Tier 3 data center cluster. The company operates in a rapidly growing market segment, offering tailor-made telecommunication solutions that include internally developed cloud services to more than 2,800 B2B clients in Poland. It employs over 250 people. In 2015, EI acquired a 76% stake in the company for EUR 21 million. In 2018, 3S generated EUR 20 million in revenues.

 “3S is ideally positioned to benefit from the growing demand for data services and the need for high-speed networks in Poland’s metropolitan areas. The company has a strong track record of servicing B2B clients, and its experienced management team is well equipped to drive the company’s growth under the new ownership. I am convinced that 3S will make a fine addition to P4’s offering”, said Rafał Bator, partner at Enterprise Investors responsible for the investment.

Enterprise Investors is one of the largest private equity firms in Central and Eastern Europe. Active since 1990, the firm has raised nine funds with total capital exceeding EUR 2.5 billion. These funds have invested EUR 1.9 billion in 143 companies across a range of sectors and exited 130 companies with total gross proceeds of EUR 3.8 billion.

For further information please contact:

Rafał Bator, Partner

Anna Czywczyńska, Communications & Public Affairs Director

tel.: +48 22 458 8500

www.ei.com.pl

LIBERTY GLOBAL BECOMES MEMBER OF LIGHT COMMUNICATIONS TECHNOLOGY

Liberty Global has become a founding member of a new alliance aimed at promoting Light Communications technology, which has the potential to deliver massive bandwidth and higher speeds for short-range wireless communications, alongside traditional wireless technology such as WiFi.

The Light Communications Alliance (LCA) will establish standards for this emerging industry, which can be deployed in various environments, both professional and domestic, including smart offices, smart transport, industry 4.0 and in the smart gigabit connected home of the future.

The other founding members of the LCA are Nokia, Emirates Integrated Telecommunications Company (du), LEDVANCE, Lucibel, Orange, pureLiFi, LiFi Research & Development Centre, Velmenni, Zero.1, CEA Leti, and Institut Mines-Télécom.

The LCA will highlight the benefits, use cases and timelines for the adoption of Light Communications technology and align innovative leaders across the industries that light and communications touch, defining standards for education, communication, and interoperability.

Light Communication technology includes Light Fidelity (LiFi) and Optical Camera Communications (OCC), both of which have been attracting increased attention over recent years within several industries, such as smart cities and homes, industry 4.0 and manufacturing environments, as well as retail and tourism.

Global Market Insights predicts that the LiFi market will be worth $75 billion by 2025, creating broad, far-reaching opportunities for the related industries to benefit from Visible Light Communications.

Optical Camera Communications (OCC), has the potential to create value-added services by using the light for both broadcast communications and indoor positioning in environments such as office buildings, convention centres, and parking lots.

Light communication technology can offer thousands of additional channels for secure high-speed communications. It provides faster more reliable connections, as well as greater security because light can be contained, for example inside buildings.

The LCA is open to membership from all industries spanning both light and communications including chip manufacturers, OEMs, network operators, lighting manufacturers, and light communications innovators.

To learn more about the LCA, visit: www.LightCommunications.org

CenturyLink, Microsoft Azure Form Cloud Alliance

CenturyLink just expanded Cloud Connect Dynamic Connections to Microsoft Azure and Azure Government.

CenturyLink says it now can directly connect to about 70% of the desired destinations for all public cloud market users.

Chris McReynolds, CenturyLink‘s vice president of core network services, tells Channel Partners customers of CenturyLink’s data center operation partners can leverage this capability to build multicloud hybrid environments to optimize their mix of on-premises workloads and public-cloud workloads.

CenturyLink’s Chris McReynolds

“Another key partner channel that will benefit from this are our indirect partners, including VARs and system integrators,” he said. “They often help customers manage the migration of workloads into public clouds, and this capability lets them create secure private connections in near real-time on behalf of their customers. Overall, our expanded network connectivity solution enables customers to leverage Cloud Connect Dynamic Connections with Microsoft ExpressRoute in North America, Europe and Asia Pacific. We’ve purposely targeted connectivity for Azure because combined with AWS, who we already have connectivity for, we are addressing the majority of public cloud users.”

Customers can do real-time turn-up and turn-downs of private Ethernet connections to cloud service providers via a self-service portal or API. This usage-based model allows enterprises to consume bandwidth in the same way they are used to consuming cloud services.

CenturyLink’s fiber network of more than 2,200 public and private data centers, and more than 150,000 on-net enterprise buildings allows hybrid cloud solutions with a range of service providers across the globe, McReynolds said.

“This additional connectivity option benefits any organization that leverages Azure, or is looking to implement it for their workloads,” he said. “It is also beneficial for government users — due to the Azure Government component. There are several differentiators including secure Layer 2 connectivity, a pay-as-you-go billing model and several flexible self-service options.”

“CenturyLink was one of our earliest ExpressRoute partners and they continue to strengthen their offerings, including newly added SDN-based Ethernet services,” said Ross Ortega, Microsoft‘s partner program manager for Azure Networking. “We are pleased our enterprise customers now have even more options for accessing the power of Azure in their cloud journey.”

LIBERTY BUSINESS STRENGTHENS THE OFFERING OF SPECIALIZED SOLUTIONS FOR MID AND LARGE ENTERPRISES

The new positioning is a result of Liberty Business’ strategic union with C&W Business Puerto Rico.

SAN JUAN, PUERTO RICO, June 19, 2019 – Liberty Business, the business market division of Liberty Puerto Rico, announced the completion of its integration with C&W Business Puerto Rico. As a result, the company is in a stronger position to provide end-to-end IT and telecommunications solutions aimed at mid and large companies. 

Both Liberty and C&W Business Puerto Rico, which previously operated on the island as Columbus Networks Puerto Rico, are part of Liberty Latin America, a leading telecommunications company with operations in over 20 countries across Latin America and the Caribbean, and a subsea and terrestrial fiber optic cable network that connects over 40 markets in the region. 

“The strategic decision to combine these two operations in Puerto Rico brings a new level of sophistication in technology and connectivity available to all types of businesses across the island,” said Antonio Llona, vice president of Liberty Business. “C&W Business Puerto Rico fast-tracked the way for us to provide technology solutions that are custom tailored for mid and large business companies, in addition to personnel specializing in advanced managed Internet services, security and disaster recovery, to name a few. We have a solid infrastructure through a fiber optic network and multiple data centers, a highly trained workforce, local customer-centric support, and the added experience and support of Liberty Latin America.”

Now that C&W Business Puerto Rico has been integrated into the Liberty Business operation, the company is launching five new products: managed network, managed Wi-Fi, managed security, cloud PBX, and business continuity. 

Liberty Business has a local, complete and dedicated B2B technical operations team to design, implement, and service the customers. The members of this team are highly trained, knowledgeable and carry numerous specialized certifications.

According to Llona, Liberty Business has experienced double-digit growth over the past five years and over 10 percent annually. “Our market participation is now stronger, thanks to our union with C&W Business Puerto Rico. We are now poised to serve a larger share of Puerto Rico’s businesses and provide them with more sophisticated solutions, delivered through a proven and solid fiber optic network,” concluded Llona.

For more information on Liberty Business’ new solutions and services, call (787) 963-1000

or visit https://business.libertypr.com/.

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About Liberty Puerto Rico:

Liberty Puerto Rico is a subsidiary of Liberty Latin America and has approximately 760,300 RGUs as of March 31, 2019 in 75 municipalities in the eastern, central, northern southern and western regions of Puerto Rico. For more information, please visit www.libertypr.com.  

About Liberty Latin America 

Liberty Latin America is a leading telecommunications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil, BTC, UTS and Cabletica. The communications and entertainment services that we offer to our residential and business customers in the region include digital video, broadband internet, telephony and mobile services. Our business products and services include enterprise-grade connectivity, data center, hosting and managed solutions, as well as information technology solutions with customers ranging from small and medium enterprises to international companies and governmental agencies. In addition, Liberty Latin America operates a subsea and terrestrial fiber optic cable network that connects over 40 markets in the region. 

Liberty Latin America has three separate classes of common shares, which are traded on the NASDAQ Global Select Market under the symbols "LILA" (Class A) and "LILAK" (Class C), and on the OTC link under the symbol "LILAB" (Class B). For more information, please visit www.lla.com. 

A1 is the first telecom in Bulgaria to have a video store for its customers

A1 is the first telecom in Bulgaria to already consult via video call to its customers when purchasing products from its online store. This is possible with the video store service, which is accessible to a smartphone, tablet and desktop computer through a special icon for each device in A1's online portfolio.

The idea of ​​the service is for any client who needs assistance with questions and fluctuations during an order from the A1 online shop to receive real-time assistance from consultants of the company. The video store is available to customers every business day from 10:00 am to 5:00 pm.

Users can take advantage of the service by clicking on the special Live icon, which is located under each device of A11.bg. After selecting the "video store" option, the client will connect via a video link to an A1 expert who will give professional advice in choosing a new device or tariff plan and will assist in the preparation of the order. The video link does not enter the user's personal space - it is one-way, with the client seeing A1 employees, but they do not see him or his home. Even the customer does not need to have a microphone on, because A1 also offers real-time chat capabilities.

The service is the first of its kind for the Bulgarian telecom market and enables the customers to take advantage of the opportunities both at the electronic and physical store of A1. In addition to devices, the video store will soon be available for the company's mobile and fixed services. At the same time, they save time and can be consulted at a convenient time and place.

At A1.bg, users can subscribe to mobile, fixed and digital services, as well as order smartphones, laptops, TVs and other technology devices at great prices. In the online shop A1 regularly offering products at reduced prices valid only when buying online, customers receive as a gift audio column.

Deliveries to the A1 online shop are made free of charge anywhere in Bulgaria, both when you buy a device and when you sign a contract. The orders are executed within 48 hours. For orders placed up to 11:00 am in Sofia, delivery is effected by 6:00 pm within the same day. A1 is also the only telecom in Bulgaria that offers express fixed-line installation within 24 hours for customers of its online store.

East Capital Holding completes acquisition of Monyx

On 3 June 2019, East Capital Holding completed the previously announced acquisition of the fund management company Monyx. Monyx becomes a fully owned subsidiary of the East Capital Group and will continue to operate as a separate entity focusing on Nordic and global strategies.

With the acquisition, the East Capital Group adds a new line of business with expertise in Nordic and global asset management of both equity and fixed income, which complements East Capital’s leading expertise in emerging and frontier markets.

The work of developing and incorporating Monyx as a part of the East Capital Group will now be initiated. East Capital will contribute with institutional investment management experience and strong sustainability and governance expertise, and furthermore provide additional resources to the investment management teams and key competencies. In connection with the completion of the acquisition, group-common management routines and control functions will be integrated, and Monyx’s portfolio management will relocate to facilities in connection to East Capital.

 “We welcome Monyx to our group and look forward to begin the work of developing the company together. Monyx’s asset management has great potential and is run by a highly competent team, which completes the group’s other operations well. East Capital Group intends to take a leading role in the ongoing restructuring of the Swedish fund market, and this acquisition is part of these efforts. I look forward to what we can accomplish together going forward”, says Peter Elam Håkansson, Chairman of East Capital Holding.

 About East Capital Holding

East Capital Holding is an independent asset manager with various investment specialisations, all characterised by active management and a strong focus on responsible ownership. The main operations are East Capital Asset Management, an investment company which specialises in emerging and frontier markets, East Capital Real Estate, which manages cash-flow generating commercial properties in the Baltics, and the securities company East Capital Direct, which offers a platform for transactions and investment custody. The group also include the fund management company Monyx, which offers asset management with focus on Nordic and global equity and fixed income. East Capital also owns a substantial part of the listed real estate company Eastnine, which is an associated company in the group. East Capital was founded in Sweden in 1997 and has offices in Dubai, Hong Kong, Luxembourg, Moscow, Oslo, Stockholm and Tallinn. The group manages EUR 4.9 billion for an international investor base.

Contact information

Ilze Johnston, Marketing Communications Manager, East Capital

+46 8 505 88 550, mediaenquiries@eastcapital.com