Fourth Quarter Results
Continued Expansion of UPC Footprint in Europe
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- Five acquisitions announced since Oct ‘99 totaling 800,000 subs
- $1.6B high yield offering in January to fuel growth
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Latin American Market Opportunity Looking Even Better
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- Economic and market fundamentals continue to improve
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- Acquired majority interest in Mexican cable operation; Evaluating acquisitions & partnerships totaling over 3M subscribers
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- Over $1.0 Billion in capital ready to support strategy
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- UPC model will work with some important differences