Liberty Global Donates $1 Million for Humanitarian Relief Efforts in the Caribbean

Denver, Colorado – October 6, 2017: 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 lightbulbs. 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 or contact:

Investor Relations: Oskar Nooij +1 303 220 4218 Christian Fangmann +49 221 8462 5151 John Rea +1 303 220 4238

Corporate Communications: Matt Beake +44 20 8483 6428 Julia Hart +31 20 778 3345

Liberty Global opens Telenet Innovation Center in Brussels

Telenet Innovation Center will serve as Liberty Global’s knowledge and excellence hub for creating and testing new products initially focusing on new mobile technologies like 5G and IoT, but evolving into a broader focus of advanced fixed and mobile technology.

Alexander De Croo, Belgium’s Deputy Prime Minister, officially opens new center.

Brussels, Belgium – October 5, 2017: Liberty Global officially opened the Telenet Innovation Center in Brussels today as Balan Nair, Chief Technology & Innovation Officer, Liberty Global, was joined by John Porter, CEO Telenet and Alexander De Croo, Deputy Prime Minister and Minister for Development Cooperation, Digital Agenda, Telecom and Post of Belgium.

Liberty Global, the largest international TV and broadband company in the world, will use the Telenet Innovation Center to test its new technology for connectivity, entertainment, and value added services. The new center is Liberty Global’s second European hub dedicated to innovation, joining the Tech Campus near Amsterdam as the company continues to lead the way in creating the networks and products of the future.

The opening is further evidence of Liberty Global and its Belgian operator Telenet’s commitment to stimulating, deepening and streamlining innovation, with the objective of building a GIGAWorld society in Europe. The launch follows the publication last month of a report that Liberty Global commissioned from leading analysts Arthur D. Little (ADL) which predicted that a GIGAWorld enabled by widespread access to high quality, gigabit internet, could generate billions of Euros for the European economy, and trillions globally.

The center will primarily focus on Internet of Things (IoT) solutions and mobile technologies – including the introduction and preparation of 5G networks. In collaboration with a range of partners, Telenet will use the facility to test the upgrading of BASE mobile networks and the launch of 5G in Belgium. The new center is also equipped with the latest 5G network components and antennas to ensure a premium testing environment, while it will expand into testing entertainment, value added services and customer experiences solutions and technologies in 2018.

Partnerships will be fundamental to the center's work, encouraging collaborative innovation with partners and third parties. To mark its opening, the Innovation Center hosted app demos from a number of key partners, offering insight into the work that it will do. Chinese network ZTE, which has been working with Telenet since 2015, featured a demonstration of a new smart parking app based on NB-IoT, as well a preview of the center's core network 5G and IoT installation in the ZTE Demo Room. Research institute IMEC announced a structural cooperation with Telenet in the areas of IoT and Smart Cities. As part of this collaboration, Telenet will support The City of Things program which transforms the city of Antwerp into a living lab where businesses, researchers, 2 citizens and city officials can experiment with smart technologies. Finally, Spencer, in which Telenet invested this spring, demonstrated a mobile-first solution to help employees at large corporations by centralizing and synchronizing information from different enterprise tools into one single digital interface.

The apps and products are at the forefront of a wave of innovation that the ADL report estimates could unlock at least €250 billion per year in Europe by 2025. The new technologies enabled by the GIGAWorld are predicted to improve lives, boost the economy and revolutionize businesses, but the report makes clear that they will only be possible if the innovation cycle is given room to function by governments and regulators.

Balan Nair, Liberty Global Chief Technology and Innovation Officer, said: "The opening of the Telenet Innovation Center is an important milestone for Liberty Global. The cutting-edge infrastructure and Telenet’s fully owned mobile network provide the perfect conditions for us to test the products and services that can pave the way towards the GIGAWorld. I'm already excited about the opportunities and inspiration that await us.”

John Porter, CEO of Telenet: "Permanent innovation is the lifeline for our company, especially in a world of rapidly changing technology developments. With the Telenet Innovation Center, we want to be ambitious and bring our own innovations to a higher level, but also help shape external innovation projects. I believe in the absolute strength of partnerships, so I am convinced that with our model of collaborative innovation and with the help of partners like ZTE, we can bring the best broadband and media technology to Belgium for thorough testing, experimentation and successful launch in our market."

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 in over 40 markets.

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

Investor Relations: Oskar Nooij +1 303 220 4218 Christian Fangmann +49 221 8462 5151 John Rea +1 303 220 4238

Corporate Communications: Matt Beake +44 20 8483 6428

Eastlink delivers High Speed Internet to rural communities along Nova Scotia’s Eastern Shore

In partnership with the province’s Municipal and Community Rural High Speed Internet Funding program

Halifax, NS – People in Watt Section, Harrigan Cove and Moser River now have access to high speed Internet powered by Eastlink’s fibre network.

As a company that predominantly serves non-urban areas, Eastlink has a long history of investing in rural towns and communities across Canada.

“Investing in small towns and communities is a fundamental part of who we are as a company,” says Lee Bragg, CEO. “We are proud to continue upgrading services in underserved communities like these delivering the kind of advanced Internet services that traditionally are found only in larger urban centres. This is a great example of what can happen when communities, providers and government work collaboratively.”

The completion of Eastlink’s fibre upgrade provides area residents with the ability to take full advantage of Internet-enabled applications from simple browsing to streaming video with Internet speeds that range from 100 (Eastlink’s core fibre-based high speed Internet service) to 940 Mbps.

Eastlink has invested more than $100M million across Nova Scotia over the last 5 years, bringing state-of-the-art, high speed Internet to towns like Avonport, River Hebert, Milford, Parrsboro, Arichat, Lockeport, Lower East Pubnico, Granville Station, Antigonish, Port Hawkesbury, Guysborough and now Watt Section, Harrigan Cove and Moser River to name just a few.

This upgrade was announced by the province earlier this year.

For more information on the Nova Scotia Rural High Speed Internet Initiative visit www.novascotia.ca/business/internet and for more about Eastlink Internet services, visit www.eastlink.ca/internet.

TDS Named Best Internet Provider in Southern Utah and Otero County

Thank you TDS customers.

Last month, TDS was named the Best Internet Provider in Southern Utah in 2017. This is the second year TDS has received this award. The award is voted on by the readers of The Spectrum & Daily News with offices in St. George and Cedar City.

In New Mexico on Aug. 27, TDS was named the Best Internet Provider in Otero County by the Alamogordo Daily News.  TDS has received this award for seven years in a row.

In local marketing campaigns, TDS will thank our customers for nominating us for these awards. In the Alamogordo Daily News, we stated:

“At TDS, we’re focused on making your life better by improving your Internet, TV and phone experience. Imagine how good it felt to hear you voted us Best Internet Provider in the region for the 7th year in a row. Our investment in Otero County is ongoing. We’re committed to providing you with top-notch service and innovative products at an affordable price. Thank you for believing in us.”

TDS customers are thanking us on social media too. New TDS customer John from Alamogordo said his installer “was professional, competent, and exceedingly patient as I peppered him with questions about the installation.” John said, he “couldn’t have hoped for a better installation experience.”

Coral from St. George, Utah said she’s been impressed with the number of upgrades that TDS has done in the last few years.

Thank you TDS customers! We appreciate doing business with you.

Queensbridge Connected Wi-Fi Network Receives Digital Inclusion Leadership Award At Broadband Summit

New Haven, CT May 3, 2017

The Queensbridge Connected, Community-Wide Wi-Fi network model, implemented at Queensbridge Houses in Long Island City, NY, received the Digital Inclusion Award this Tuesday at the Broadband Communities Summit. In attendance at the Broadband Summit were Joshua Breitbart, Senior Advisor for Broadband at Office of the Mayor New York City, Alfonso Jenkins, Deputy Commissioner for Telecommunications Planning at New York City Department of Information Technology and Telecommunications and Dick Sherwin, President and CEO of Spot On Networks. Breitbart and Jenkins accepted the award which was awarded by Next Century Cities in partnership with Google Fiber.

The Queensbridge Connected model is the first collaboration between the City of New York’s Department of Information Technology and Telecommunications (DOITT) and the City’s public housing authority (NYCHA). Queensbridge Connected is a part of the OneNYC Broadband Initiative’s promise to invest “in networks providing high-speed residential access either free or at low-cost for low-income communities”.

Spot On Networks was awarded the Queensbridge Houses contract by the City of New York to design, build, implement and support the Queensbridge Connected community-wide Wi-Fi network in 2016. The Network provides free high speed Wi-Fi internet and Wi-Fi calling access with speeds up to 25 Mbps and seamless connectivity throughout the community. Furthering the mission to “Bridge the Digital Divide”, Spot On has hired and trained residents within Queensbridge Houses to assist in building, supporting and promoting the Queensbridge Connected network. The model of employing residents to make Queensbridge Connected a reality has proven essential to the success of the project.

“We are proud to have been chosen as the Wi-Fi service provider for Queensbridge Houses”, stated Dick Sherwin, President & CEO of Spot On Networks, “and we stand firmly with New York City on the importance of ‘Broadband for All’ and ‘Bridging the Digital Divide’. The City of New York is clearly the leader on community-wide Digital Inclusion. We at Spot On Networks believe that the Queensbridge Connected Wi-Fi network is the ideal model for future community-wide broadband networks in the affordable housing sector.”

About the Digital Inclusion Leadership Award

The Digital Inclusion Leadership Awards program is given by Next Century Cities in partnership with Google Fiber. According to a press release on the Next Century Cities website, “These awards celebrate city and county governments that are leading programs or empowering community-based organizations to tackle barriers to Internet adoption. The awards are an opportunity to celebrate the cities that are leading community changing programs and encourage public leaders to get involved in digital inclusion by sharing best practices”.

About Spot On Networks

Spot On Networks (“SON”) is a wireless internet service provider and wireless consulting company representing tens of thousands of residential and commercial tenants, nationwide. SON designs, deploys and manages carrier grade Wi-Fi, Wi-Fi Calling and CellBoost® networks to multifamily, senior living, hospitality, retail and commercial buildings. Spot On’s wireless networks are backed by patented network architecture and UserSafe® technology.

SON is the leading provider of managed Wi-Fi networks and in-building voice solutions to the U.S. multitenant housing market and is a trusted leader in wireless since 2004. SON develops wireless solutions to solve the most pressing problems facing today’s building owners.

LIBERTY CONTINUES TO INVEST IN ITS NETWORK INFRASTRUCTURE AND JOBS

The company continues to expand its coverage area, making multiple improvements to its network and contributing to Puerto Rico’s development 

SAN JUAN, PUERTO RICO, April 24, 2017 – Liberty Puerto Rico continues its expansion and service improvements program, adding thousands of new homes to its coverage area and increasing its bandwidth to 1.2 GHz. These efforts will expand broadband internet access in Puerto Rico and improve the island’s telecommunication platform - crucial factors for socioeconomic development. 

To date, Liberty Global, Liberty’s parent company and the largest international TV and broadband company in the world, has invested billions of dollars in similar types of projects across Europe, the Caribbean and Latin America. The combination of higher bandwidth and the latest in DOCSIS technology leads to higher Internet broadband speeds, in addition to higher network service stability and reliability. 

In 2017, Liberty plans to add approximately 25,000 homes to its coverage area. The highest impact areas include the municipalities of Morovis, Naranjito, San Sebastián, Las Piedras, Salinas, Patillas, Corozal, Hatillo, Bayamón, Carolina, Guaynabo and, later this year, Maricao, the only municipality in the main island that was not previously covered by Liberty. These new homes would join the other 30,000 that Liberty has added since 2015. 

“Through these projects, we are providing equal access to urban as well as barrios and rural areas, and providing Puerto Ricans the same opportunity to have access to broadband Internet regardless of their socioeconomic level,” commented Naji Khoury, president and CEO of Liberty. “Broadband Internet is a very important tool for economic development and a better quality of life. Making this service available for everyone is essential for Puerto Rico’s recovery and economic development.”

At the same time, Liberty has been making improvements in its existing infrastructure through its 1.2 GHz project. This will provide all homes in the expansion project broadband speeds of up to 400 Mbps. This initiative began in 2015, along with the new build project, in Puerto Rico’s eastern region and has been gradually expanding westward. Among the municipalities that are already enjoying this service are Caguas, Luquillo, Fajardo, Ceiba, Loíza, Naguabo, Humacao, Yabucoa, Gurabo, Juncos and Las Piedras. Upgrades in the entire island should be completed in the next three years. 

The bandwidth upgrade will give all these homes a state-of-the art connection that will provide an Internet service with less congestion and higher speeds. This will not only accommodate a growing demand for this service, but also facilitate the use of multiple electronic devices without sacrificing bandwidth or speed. In addition, subscribers will also have access to more digital channels and On Demand options. 

Crews in most of the new build zones are using a procedure called Fiber Deep, in which fiber optic cables are installed closer to the homes. This means that customers in these areas will have higher speeds and a more stable and consistent broadband Internet signal. 

The new build zones and bandwidth upgrade are part of the improvements that Liberty Puerto Rico has been implementing to offer the best customer experience possible. In Netflix’s March 2017 report (https://ispspeedindex.netflix.com/country/us/?small=True), Liberty Puerto Rico was ranked as the best Internet provider in Puerto Rico and 20th among all Internet providers in the United States.

The company is investing in its facilities, opening new service centers, remodeling offices and increasing its technical services vehicle fleet. In addition, the company continues to hire and train Puerto Rican professionals, sustaining 947 direct jobs, outsourcing approximately 461 people, and generating approximately 1,500 indirect jobs in Puerto Rico. This year, Liberty will hire 40 additional employees. 

Last year, Liberty started to offer 24-hour customer service and technical service appointments seven days a week. The company also implemented several efficiencies to reduce wait time for technical service appointments, at-store service, and customer representative calls. Liberty also expanded its customer service options with Liberty Alerts, through which customers can carry out several service options such as checking balances, receiving statement alerts and payment reminders, verifying if there are any service outages in their coverage area, and confirming technical service appointments. 

About Liberty Puerto Rico:

Liberty Puerto Rico is a subsidiary of Liberty Global and has approximately 799,000 RGUs in 75 municipalities in the eastern, central, northern southern and western regions of Puerto Rico. For more information, please visit www.libertypr.com.  

New Campaign Wraps its World-Class Service in a Hometown Feel

Comporium proves out the benefits of putting the “local” in local provider.

ROCK HILL, S.C. – (March 30, 2017) Comporium announced that it is rolling out a new marketing campaign to emphasize its unique combination of market leading services and local focus. The personalization that only a hometown provider can bring versus the cutting edge technological advances of an industry-leading broadband provider. These two things almost never overlap. But Comporium’s new work is showing otherwise by highlighting their unique David meets Goliath skillset. So now you can call them “your friendly, neighborhood tech giant.”

Comporium shared that the 9-month long campaign will feature video, digital, and print ads that emphasize the company’s ability to balance delivering world-class technology and products with providing hometown, customized customer service.  Comporium will complement the marketing campaign with a series of surprise events where company employees will appear spontaneously at public events and handout gifts and promotional items.

Comporium offers comparable products and services to those that much larger, national providers do. Unlike other providers in the area, though, Comporium is local. According to the company, its leadership and employees, even its call center, are based locally. Instead of being located hundreds of miles away from its customers, Comporium is based within the communities that it serves. This means that the company’s customers are served by neighbors that treat them as individuals ensuring higher quality, quicker and more reliable customer service.

“In contrast to our competition, at Comporium we’re serving our home community,” stated Matthew Dosch, executive vice president and chief operations officer.  “We want to make sure that our neighbors are well cared for, not just in terms of technology and customer service, but also when it comes to Comporium being good corporate stewards.  We believe that it’s our responsibility to give back. We are always exploring ways we can contribute to the community to help with both the economy and the wellbeing of the people.”

Comporium is committed to local community engagement and giving back is a part of its fabric.  Each year the company supports hundreds of local organizations which help to improve the quality of life for area residents.  Comporium also uses tax credits and direct contributions to invest in the local economy and economic development.  Because the company and its leadership believe that all businesses should invest in the future of the community and its workforce, they also support local school districts and colleges. Over just the past three years the company has made sizable grants to Clemson, the University of South Carolina and York Technical College. Last month Comporium and the Fort Mill School District jointly announced that Comporium was supporting the District’s new athletic facility, Comporium Athletic Park.

About Comporium

Comporium, Inc., headquartered in Rock Hill, S.C., is a diversified privately held communications company providing voice, video, data, wireless, smart home systems and advertising services. Comporium’s ventures include companies providing fiber transport and business solutions, data storage and managed services, smart devices and connected home/car services, and digital signage. For more information, please visit www.comporium.com.

ITC Service Group Acquires Clear Cell Management, Inc.

Adds Wireless Division to Broadband Installation, Design and Staffing Services

CITRUS HEIGHTS, Calif., Feb. 13, 2017 /PRNewswire/ -- ITC Service Group ("ITC"), a leading provider of broadband installation, planning, design and staffing solutions to the telecommunications and IT industries, today announced the acquisition of substantially all of the assets of Clear Cell Management, Inc. ("CCM").

The acquisition of CCM allows ITC to become a turnkey provider of services to the wireless telecommunications industry. CCM, with offices in the New York, New Jersey and California, adds new service lines, clients and markets to ITC's rapidly expanding platform of services and locations around the country.

"I am pleased to announce this strategic acquisition," said Tim Sauer, ITC's President. "ITC has an ongoing growth strategy, and this acquisition is an important part of that plan. CCM is an outstanding addition to the ITC family. In addition to the business they bring to our portfolio, this acquisition allows us to offer the full array of wireless services to ITC's existing telecommunications clients. Rob Bradley, CCM's Chief Executive Officer will serve as Senior Vice President of ITC's Wireless Division, and he brings with him a very talented team of committed professionals. With the upcoming roll out of 5G wireless networks nationwide, ITC is perfectly positioned to support these projects on a large scale, providing both fiber and wireless solutions. I have enjoyed getting to know the entire CCM team, and I look forward to the synergies we will create for our clients in the wireless sector."

"I am excited about this transaction," added Rob Bradley. "As an integral part of the ITC family, we will continue to provide excellent service and support to our wireless clients. With the financial strength and support of ITC, and its owner Moorgate Capital Partners, our combined team will provide even more value to our wireless clients and, at the same time, drive significant expansion of new markets and services. We will be able to strengthen our subcontractor and vendor relationships and also provide employees with more opportunity. I could not be more impressed with the ITC and Moorgate teams, and the emphasis they have placed on our clients and employees throughout the integration process. Our current team will remain in place to ensure a seamless transition for our clients and stakeholders."

About ITC Service Group

ITC, with headquarters near Sacramento, CA, provides technical staff augmentation, OSP / ISP design and broadband installation service solutions for the planning / design, construction management, installation / maintenance of voice, data and video networks, nationwide. ITC has offices in the west and midwest and now, with the acquisition of CCM, in the northeast as well. ITC employees more than 700 people nationwide.

About Moorgate Capital Partners

Moorgate Capital Partners is an independent merchant bank and advisory firm focused on the technology, media, and communications industries. Moorgate partners with industry leading executives and management teams to source and invest in middle market growth opportunities.  Moorgate has offices in New York, NY and San Francisco, CA.

About CCM

CCM is a provider of outsourced services for the wireless communications industry, including planning, deployment, construction and management of network build-outs. CCM provides wireless carriers with comprehensive real estate site acquisition and zoning services, radio frequency and network design and engineering, infrastructure equipment construction and installation, maintenance, DAS and in-building services, small cell deployment, radio transmission base station modification and project management services.

Contact:

ITC Service Group
Corporate Office
7777 Greenback Lane, Suite 201
Citrus Heights, CA 95610
Phone: (877) 370-4482
Fax: (877) 360-4482

TDS purchases Southern Utah firms

TDS Broadband Service LLC, a subsidiary of Telephone and Data Systems, Inc., and operated by TDS Telecom (TDS®), has purchased InterLinx Communications LLC and its subsidiary Tonaquint Networks LLC in Southern Utah. TDS announced its intent to purchase the companies in November 2016 and completed the sale on Jan. 31, 2017.

“Now the work begins to make this a smooth, seamless transition for customers,” states Jim Butman, Chief Operating Officer at TDS. “We have invested heavily in St. George and other parts of the southwest to greatly improve our services. Adding the strength of the InterLinx network facilities will further strengthen our overall network quality and capacity in the area.”

In December, TDS added a 300Mbps broadband service offering to the St. George community after completing an analog reclamation process to create an all-digital cable network. TDS’ experience with commercial customers will also enable it to offer new services, including TDS managedIP, a voice over the internet protocol service (VoIP), to area businesses.

InterLinx provides wholesale fiber connections to businesses, as well as to local internet service providers (ISPs) and large carrier customers. Tonaquint Networks provides residential and business services via both fiber to the premises and wireless internet technologies.

“Our group has worked hard to provide additional internet options over the past few years,” states Matt Hamlin, CEO at Tonaquint Networks. “Today, we feel strongly about TDS’ ability to maximize the network infrastructure. We are extremely confident that our customers will be well-served by TDS and its vision for the southern Utah area. The demand for higher speeds and more bandwidth is growing exponentially. TDS is prepared for this future growth with its network investments and the acquisition of both InterLinx and Tonaquint Networks.”

TDS — and its newest employees — will focus on a successful integration of the two companies. Butman added, “I’m pleased to report all of the Tonaquint Network/InterLinx employees have been offered positions and will work with TDS to support customers locally, in addition to helping us advance the network throughout Utah.”

Employees from Tonaquint Networks, InterLinx and TDS will operate out of the current InterLinx office space in St. George.

Terms of the agreement were not disclosed.

Mid Europa Agrees to Sell Invitel

Mid Europa Partners ("Mid Europa"), the leading private equity firm in Central and South Eastern Europe, announced today that it has reached an agreement for the sale of its investment in Invitel Group to CEE Equity Partners ("CEE Equity"), the investment advisor to the China CEE Investment Co-operation Fund. The transaction is subject to customary closing conditions, including competition clearance, and is expected to complete in the first quarter of 2017.

Invitel is the second-largest incumbent fixed line telecommunications and broadband Internet services provider with more than 1 million homes passed in Hungary, serving both residential and corporate customers.

David Blunck, the CEO of Invitel, commented: "Under Mid Europa's leadership we have strengthened Invitel's position in the Hungarian market and we are grateful for their support. We look forward to further developing the business under the ownership of CEE Equity."

Rothschild acted as exclusive financial adviser and Dechert as legal counsel to Mid Europa.