Liberty Global has announced its Q2 2023 financial results, with CEO Mike Fries stating: “We saw improved sequential Adjusted EBITDA performance in Q2, underpinning the confirmation of all full-year guidance targets across our core FMC operations. Demand for reliable high-speed connectivity remains strong and despite communicating price adjustments across our footprint, we delivered broadly stable […]

Liberty Global has announced the publication of the prospectus related to the voluntary and conditional public takeover bid by its indirect wholly-owned subsidiary, Liberty Global Belgium, for all the shares of Telenet that Liberty Global Belgium does not already own or that are not held by Telenet. In conjunction with the prospectus, the Board of […]

The Chairman of Telefónica, José María Álvarez-Pallete, has taken from as Chairman of the Board of Directors of VMO2, replacing Liberty Global CEO Mike Fries. This replacement responds to the agreement established in the creation of the joint venture resulting from the merger between Virgin Media (Liberty Global) and O2 (Telefónica), by virtue of which […]

Liberty Global earnings were negative in Q1, posting a loss of $713.5 million (€650.3m) from continuing operations. Adjusted EBITDA was down by 6 per cent to $624.5 million. The company says it suffered from was a combination of subscriber losses and rising energy and labour costs in the quarter. Meanwhile, Liberty revealed it plans to […]

Liberty Global has announced its Q4 2022 financial results. Revenue decreased 4.1 per cent YoY on a reported basis and increased 0.8 per cent on a rebased basis to $1.84 billion (€1.74bn). Q4 Adjusted EBITDA decreased 13.4 per cent YoY on a reported basis and 4.4 per cent on a rebased basis to $597.3 million. […]

Liberty Global has acquired 1.335 billion shares in Vodafone Group PLC, representing 4.92 per cent of the outstanding share capital (excluding treasury shares). The transaction was principally funded through an attractive non-recourse financing, requiring equity funding from Liberty Global of approximately £225 million (€254m). “We believe, like many others, that Vodafone’s current share price does […]

Liberty Global has published its Q3 2022 financial results. Mike Fries, CEO, commented: “Despite the macroeconomic challenges in Europe we clearly have a resilient business model, as demonstrated by our solid results in Q3. Connectivity remains an essential service with strong demand across our footprint for reliable and seamless access to high-quality fixed and mobile […]

Converged broadband, video and mobile communications services company Liberty Global has announced its Q2 2022 financial results. CEO Mike Fries stated, “Despite an increasingly difficult macroeconomic environment developing throughout the second quarter, demand for connectivity remains high and we are well positioned to execute on our strategic and financial goals. In each of our core […]

Telenet, the Liberty Global subsidiary, and Fluvius System Operator have entered into an agreement to create what they refer to as “the network of the future” in Flanders, the Flemish Region of Belgium. The companies will incorporate a new, independent self-funding infrastructure company, NetCo, of which Telenet will own 66.8 per cent and Fluvius 33.2 […]

Liberty Global, the multinational telco, has published its Q1 2022 financial results. CEO Mike Fries stated: “First, our thoughts go out to all those impacted by the war in Ukraine. I’m very proud of our operations and employees across Liberty Global for their devoted efforts to support those in need. While we all hope for […]