Utilize the input text as a context reference, choose the right relationship between Liberty Global and Telenet from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

-- Cable telecoms company Liberty Global (NasdaqGS: LBTYA - news ) 's Belgian subsidiary Telenet (Other OTC: TLGHF - news ) to buy mobile network operator Base from Dutch group KPN (notified Aug. 17/deadline Sept. 21)

Answer: subsidiary