Cable & Wireless Announces Appointment of New CEO, Inge Smidts

20-12-2017

MIAMI, Dec. 20, 2017 (GLOBE NEWSWIRE) -- Cable & Wireless Communications (C&W) today announced the appointment of Inge Smidts as Chief Executive Officer. She is replacing John Reid who announced earlier this month that he will step down from the position of CEO in early 2018. Smidts joins C&W from Liberty Global where she most recently held the position of Chief Marketing Officer.

Prior to her role at Liberty Global, Smidts was Senior Vice President - Residential Marketing and a member of the Executive Team at Telenet Group. While there, she was responsible for Go-to-Market reporting and overseeing the commercial strategy for Telenet’s business.

Smidts has significant brand and marketing experience having spent over ten years earlier in her career at Procter & Gamble, where she started as Assistant Brand Manager and was regularly promoted, ultimately to Business Leader for the Benelux Paper business. Smidts holds a Master of Economics degree from UFSIA in Antwerp and an MBA in Marketing from the IAE in Aix-en-Provence.

Balan Nair, incoming President & CEO of Liberty Latin America said, “Inge is a proven executive that has delivered strong results throughout her career. We are excited that she has agreed to lead C&W and join the Liberty Latin America team next year once the split from Liberty Global is complete. I also want to thank John Reid for his many contributions to the company and facilitating a smooth transition.”

“Inge is a dynamic leader who has successfully driven financial performance and built capable teams,” said Betzalel Kenigsztein, Liberty Latin America’s Chief Operating Officer. “As we look to the future for C&W, we are confident that Inge is the right leader to help rebuild operations that were damaged by this year’s hurricanes and deliver growth for all our stakeholders.”

Smidts commented, “I am excited to take on the role of CEO at C&W and work with the new management team that will lead Liberty Latin America into the future. The prospects for C&W are bright and I look forward to leveraging my experiences at Liberty Global and Telenet to bring a commercial, marketing and customer-focus that will help deliver results.”

John Reid, C&W’s current CEO, will help ensure a seamless leadership transition until Smidts’ tenure begins in February 2018. Under the new Liberty Latin America management structure effective upon completion of the split-off from Liberty Global, Smidts will report to Betzalel Kenigsztein, Liberty Latin America’s COO.

About C&W Communications
C&W is a full-service communications and entertainment provider that delivers market-leading video, broadband, telephony and mobile services to consumers in 18 countries. Through its business division, C&W provides data center hosting, domestic and international managed network services, and customized IT service solutions, utilizing cloud technology to serve business and government customers.

C&W also operates a state-of-the-art submarine fiber network – the most extensive in the region.
Learn more at www.cwc.com, or follow C&W on LinkedIn, Facebook or Twitter.

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 over 24 million customers who subscribe to over 50 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) (NASDAQ:LBTYB) and (NASDAQ:LBTYK) for our European operations, and the LiLAC Group (NASDAQ:LILA) and (NASDAQ:LILAK) (OTC Pink: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.

C&W Communications
Investor Relations:
Kunal Patel
+1 (786) 376 9294

Media Relations:
Claudia Restrepo
+1 (786) 218 0407

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