Unitymedia adds 53k digital cable subscribers in 1Q10

Friday, May 7th, 2010
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COLOGNE — Unitymedia GmbH (“Unitymedia”), the second largest cable operator in Germany is today providing selected, preliminary unaudited financial and operating information for the three months (“Q”) ended March 31, 2010. Unitymedia is an indirectly owned subsidiary of Liberty Global, Inc. (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK).

Our video subscriber base at March 31, 2010 totaled 4.52 million RGUs, consisting of 3.11 million analog and 1.42 million digital subscribers. Over the last twelve months, our video base declined by 1% or 54,000 RGUs, primarily as a result of previous price increases in our single and multi-user segments. A highlight of the last twelve months has been the addition of 211,000 digital cable RGUs, of which 53,000 were in Q1 2010. This increase has been driven by the ongoing conversion of analog cable subscriptions into digital as well as continued strong take-up of Unity3play. As a result, our digital cable penetration at March 31, 2010 was 31%, up from 26% at March 31, 2009.

Digital Cable (in ‘000s unless otherwise noted):

                                      March 31,
                                   ------------
                                    2010   2009  % Change
                                   -----  -----  --------
Subscribers (RGUs)                 1,415  1,204       18%
Quarterly RGU Net Additions           53     88     (40%)
as % of Total Video Subscribers    31.3%  26.3%       5pp

Following the acquisition by Liberty Global, we have changed the manner of accounting for our video and internet subscriber base as of Q1 2010. Regarding the video subscriber base, Pay TV RGUs are not accounted for separately but treated as an additional service that a digital cable RGU is subscribing to in addition to the underlying basic cable access service. In addition, a customer subscribing to our basic digital service will be counted as a digital cable subscriber, but not as an analog cable subscriber.

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