Liberty Global has reported that it “achieved all full-year guidance targets” at Telenet and Virgin Media O2 in the quarter ended December 31st 2024, while VodafoneZiggo “delivered stable revenue and met all other metrics”. The company reported consolidated earnings from continuing operations of $2.33 billion (€2.23bn) for Q4, reversing a loss of $3.36 billion in […]
Liberty Global has announced its Q2 2024 financial results. CEO Mike Fries stated, “Q2 has been another active quarter as we’ve continued to drive our strategic priorities; maximising the value of our FMCs, leveraging our Ventures portfolio, and taking steps to deliver that value directly to shareholders over time. ” “Our plan to spin-off Sunrise […]
Vodafone Group and Liberty Global have announced that Stephen van Rooyen has been appointed CEO of Dutch telco VodafoneZiggo, effective from September 2024. Van Rooyen was previously the CEO of Sky UK & Ireland and Chief Commercial Officer for the Sky Group. He brings a wealth of telecoms and media experience to VodafoneZiggo after more […]
Liberty Global has reported tht Q1 revenue increased 4.1 per cent YoY on a reported basis and 1.9 per cent on a rebased basis to $1.94 billion (€1.81bn). Q1 net earnings (loss) increased 173.9 per cent YoY on a reported basis to $527 million. CEO Mike Fries stated: “On our extended fourth quarter results call […]
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 […]
Media Distillery, a provider of AI-enabled video analysis solutions for the video entertainment industry, has announced that the Netherlands’ multiservice provider, VodafoneZiggo, has implemented EPG Correction Distillery to improve the user experience for its nearly 4 million video subscribers. VodafoneZiggo is a joint venture between Vodafone Group and Liberty Global. EPG Correction Distillery was rolled […]
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’s share price has lately hovered around the $17 mark. Investment bank Jefferies believes this is much too low and has issued a ‘Buy’ revision to its clients with a share price target of $24.80 – an upside of 46 per cent. Jefferies reports on Liberty Global’s key metrics with its Q3 2022 consolidated […]
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 […]
Teleste has received a significant order from VodafoneZiggo consisting of various network components to secure the operator’s network upgrades in 2023 and onwards. The ordered components, including broadband amplifiers and RF passives, will be part of VodafoneZiggo’s ongoing nationwide network upgrade targeted to ensure premium broadband services to its subscribers. With more than 7.3 million […]