Liberty Global has reported Q1 2025 results with consolidated revenue of $1.17 billion (€1.03bn), up 7.3 per cent from Q1 2024, with CEO Mike Fries stating “the balance sheets of our core operating businesses are strong”. In the UK, Liberty Global announced it has paused the sale process of VMO2’s potential network stake to reassess […]

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 […]

A report from Liberty Global and EY suggests that the strategic adoption of AI in the telco sector has the potential to drive major sustainability gains over the next decade. The report – Smarter networks, greener planet – takes an in-depth look at how the telecommunications industry can harness AI in the coming years to […]

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 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 […]