The newly established joint venture company will initially seek to undertake a series of acquisitions in order to create an enterprise of size and scale, taking advantage of MXC’s knowledge and understanding of the market, Liberty Global’s existing network and solutions, as well as the opportunities both parties see to consolidate what remains a fragmented market.
The joint venture company will be owned by both parties equally, will be called MXLG Acquisitions Limited and each party will appoint two directors to the board of the company.
