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Netflix no threat, but makes cable better, say Liberty Global, Vodafone

 

Liberty Global and Vodafone Deutschland do not see OTT video services as a significant threat, but rather as something that has stimulated them to provide a better overall experience to their consumers, according to Liberty president and CEO Mike Fries and Vodafone Deutschland managing director Manuel Cubero.

Liberty Global’s “opinion has changed” about OTT, Fries told attendees at the opening panel session at ANGA COM in Cologne this morning.

Vodafone’s Cubero, who is also CEO of Vodafone-owned Kabel Deutschland, said that without video consumption there would be less demand for broadband, which fed into Kabel Deutschland’s growth. He agreed with Fries that cable had improved its overall TV service thanks to the stimulus provided by OTT services.

Read the entire story here.

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