Liberty Global organic video subscriber losses at 54,900 for 2Q 2019

Wednesday, August 7th, 2019 
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Liberty Global Reports Second Quarter 2019 Results

  • Completed the sale of our operations in Germany, Hungary, Romania and the Czech Republic to Vodafone
  • Disposal of UPC Switzerland remains on track to close in Q4 2019

DENVER, Colorado — Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) today announced its Q2 2019 financial results.

Former operations in Austria, Germany, Hungary, Romania and the Czech Republic, along with our DTH business (collectively, the “Discontinued Operations”) have been accounted for as discontinued operations. UPC Switzerland will continue to be included in our continuing operations until the pending sale transaction is approved by Sunrise shareholders.

Consolidated Operating Data – Continuing operations – Video

Subscribers – June 30, 2019

               Basic   Enhanced      Total
             -------  ---------  ---------
U.K.               -  3,822,100  3,822,100
Belgium      183,700  1,718,500  1,902,200
Switzerland  441,300    599,400  1,040,700
Ireland        1,100    268,300    269,400
Poland       177,000  1,058,500  1,235,500
Slovakia      27,800    142,400    170,200
             -------  ---------  ---------
Total        830,900  7,609,200  8,440,100

Subscriber Variance – June 30, 2019 vs. March 31, 2019

                  Basic  Enhanced     Total
               --------  --------  --------
Continuing operations:
 U.K.                 -  (24,600)  (24,600)
 Belgium        (7,700)   (6,900)  (14,600)
 Switzerland     13,700  (33,200)  (19,500)
 Ireland        (1,800)     (900)   (2,700)
 Poland           (900)     4,700     3,800
 Slovakia           500   (1,600)   (1,100)
               --------  --------  --------
Total             3,800  (62,500)  (58,700)

Organic Change Summary:
 U.K.                 -  (24,600)  (24,600)
 Belgium        (7,700)   (6,900)   14,600)
 Other Europe  (10,700)   (5,000)  (15,700)
               --------  --------  --------
Total          (18,400)  (36,500)  (54,900)

Q2 2019 Adjustments:
 Switzerland     22,200  (26,000)   (3,800)
               --------  --------  --------
Total            22,200  (26,000)   (3,800)

Links: Liberty Global