Unitedglobalcom (NASDAQ:UCOMA)
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UGC Announces Management Change in Its European Subsidiary
DENVER, Dec. 14 /PRNewswire-FirstCall/ -- UnitedGlobalCom, Inc. ("UGC" or "the
Company") (NASDAQ:UCOMA) announced that Mark Schneider has resigned from UGC
and as an officer of its European subsidiary, chellomedia, effective December
31, 2004, and will transition into a consulting position with UGC focusing
primarily on media and content services.
Mike Fries, President and Chief Executive Officer of UGC said, "Mark was a
co-founder of UGC and has made significant contributions over the last 15 years
to the company's strategic direction and accomplishments, particularly in
Europe. He has motivated us all with his energy and passion for this business
and I am pleased that Mark will continue to provide his insight and ideas to
UGC in his new role. To facilitate the transition, Shane O'Neill, President of
chellomedia, will assume Mark's day-to-day responsibilities in our European
media and content services division."
Mark Schneider added, "UGC has made significant progress over the past few
years. The company is back on top of the European broadband business. I am
looking forward to new challenges for myself and assisting UGC where I can in
its next phase of growth."
About UnitedGlobalCom
UGC is a leading international provider of video, voice, and broadband Internet
services with operations in 14 countries, including 11 countries in Europe.
Based on the Company's operating statistics at September 30, 2004, UGC's
networks reached approximately 15.5 million homes passed and served over 11.1
million RGUs, including approximately 9.1 million video subscribers, 761,000
telephone subscribers and 1.3 million broadband Internet subscribers.
Please visit http://www.unitedglobal.com/ for further information or contact:
Richard S.L. Abbott Claire Appleby
Investor Relations - UGC Investor Relations - Europe
(303) 220-6682 +44 20 7 838 2004
Email: Email:
Bert Holtkamp
Corporate Communications - UGC Europe
+ 31 (0) 20 778 9447
DATASOURCE: UnitedGlobalCom, Inc.
CONTACT: Richard S.L. Abbott, Investor Relations - UGC, +1-303-220-6682,
, or Claire Appleby, Investor Relations - Europe,
+44 20 7 838 2004, , or Bert Holtkamp, Corporate
Communications - UGC Europe, + 31 (0) 20 778 9447,
Web site: http://www.unitedglobal.com/