Liberty Global Reports Second Quarter 2012 Results

Thursday, August 2nd, 2012 
Liberty Global logo

ENGLEWOOD, Colorado — Liberty Global, Inc. (“Liberty Global,” “LGI,” or the “Company”) (NASDAQ: LBTYA, LBTYB and LBTYK), today announces financial and operating results for the second quarter ended June 30, 2012 (“Q2”).

Subscriber Statistics

At June 30, 2012, we provided our 19.6 million unique customers a total of 33.8 million services, consisting of 18.3 million video, 8.7 million broadband internet and 6.8 million telephony subscriptions.

Our video losses of 83,000 and 169,000 for the three and six months ended June 30, 2012, respectively, were consistent with our video losses for the same periods in 2011, despite a larger video base. During the three- and six-month 2012 periods, we grew our year-over-year digital cable subscriber additions by 13% to 244,000 RGUs and 4% to 523,000 RGUs, respectively, driven by our German and Belgian operations. We ended the second quarter with digital penetration of 49% and a digital cable base of 8.6 million RGUs. In the last half of 2012, our digital video business should benefit from the introduction of our next-generation Horizon video platform in September in the Netherlands, followed by Switzerland in Q4.

Consolidated Operating Data – June 30, 2012 – Video

                                                                                      Total
                                       Analog      Digital                            Video
                                        Cable        Cable        DTH     MMDS        Homes
                                    ---------  -----------  ---------  -------  -----------
UPC/Unity Division:
 Germany                            4,615,100    2,124,500          -        -    6,739,600
 The Netherlands*                     724,900    1,056,400          -        -    1,781,300
 Switzerland*                         938,600      563,200          -        -    1,501,800
 Austria                              185,600      321,200          -        -      506,800
 Ireland                               72,300      333,200          -   50,500      456,000
  Total Western Europe              6,536,500    4,398,500          -   50,500   10,985,500

 Poland                               638,700      688,900          -        -    1,327,600
 Romania                              465,000      390,000    287,000        -    1,142,000
 Hungary                              331,300      305,300    226,000        -      862,600
 Czech Republic                        74,700      418,500     90,600        -      583,800
 Slovakia                              89,000      115,500     50,300      700      255,500
  Total CEE                         1,598,700    1,918,200    653,900      700    4,171,500
   Total UPC/Unity                  8,135,200    6,316,700    653,900   51,200   15,157,000

Telenet (Belgium)                     679,700    1,472,500          -        -    2,152,200

The Americas:
 VTR (Chile)                          184,900      738,200          -        -      923,100
 Puerto Rico                                -       79,800          -        -       79,800
Total The Americas                    184,900      818,000          -        -    1,002,900
                                    ---------  -----------  ---------  -------  -----------
Grand Total                         8,999,800    8,607,200    653,900   51,200   18,312,100

* Pursuant to service agreements, Switzerland and, to a much lesser extent, the Netherlands offer digital cable, broadband internet and telephony services over networks owned by third-party cable operators (“partner networks”). A partner network RGU is only recognized if there is a direct billing relationship with the customer. At June 30, 2012, Switzerland’s partner networks account for 87,800 Digital Cable Subscribers.