Liberty posted revenues of $1 billion for the first half of 2002. This figure was in line with revenues made during the corresponding period last year. Liberty made an operating profit of $65 million compared with a loss of $402 million a year ago.
In other news, Europe’s largest cable company UPC has said that it may file for bankruptcy with debts of over E10 billion if it fails to secure a restructuring deal. Liberty Media’s UnitedGlobalCom business unit owns UPC.
