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Liberty Global inks €1.5bn deal to scale up entertainment platform
by cityam
Jess Jones
INTERNATIONAL telecoms firm Liberty Global (LG) has struck a €1.5bn (£1.3bn) deal to outsource its Horizon entertainment platform to Indian IT consultancy Infosys.
The two corporate giants are poised to collaborate over a five-year period, with Infosys helping Liberty Global expand its Horizon entertainment platform, a TV and video streaming service used by over 10m.
The collaboration will license
Horizon to Infosys, while allowing it to keep control over the intellectual property for the Horizon platform and save it more than €100m every year.
In addition to helping the company save cash, Liberty Global boss Mike Fries said the partnership will also reach more markets and improve the customer experience.
Through the partnership, Liberty Global aims to make its entertainment “even more powerful and engaging as new generations of digital-first customers continue to
