Liberty Global Reports Third Quarter 2007 Results

Thursday, November 8th, 2007
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15% Rebased OCF Growth to $918 Million
Consolidated OCF Margin Exceeds 40%

ENGLEWOOD, Colorado — Liberty Global, Inc. (“Liberty Global” or the “Company”) (NASDAQ: LBTYA, LBTYB and LBTYK) today announces financial and operating results for the third quarter ended September 30, 2007.

Operating Statistics

We had 23.5 million total RGUs at September 30, 2007, with 14.7 million video, 5.1 million broadband Internet and 3.7 million telephony subscribers. Of our total RGUs, approximately 55% consist of advanced services, as compared to 48% in the third quarter of 2006. This improvement reflects continued strong demand for our digital video, broadband Internet and voice products, as well as our continued bundling success. In the quarter, we increased our bundled customer base by over 200,000 customers, finishing the third quarter with approximately 32% of our 16.1 million customer base taking two or more of our products and an RGU per customer relationship ratio of 1.46x.

In the third quarter of 2007, we added 385,000 organic RGUs and 45,000 RGUs through three small European acquisitions. Our organic additions represented an 8% improvement over the comparable period in 2006 on a larger footprint and a 45% improvement over the second quarter of 2007. Of our 385,000 organic RGU additions, we added 190,000 broadband Internet subscribers, 191,000 telephony subscribers and 4,000 video subscribers. Organic broadband Internet and telephony subscriber growth for the quarter increased 8% and 34%, respectively, from our additions for these categories in the prior year period.

Telephony was our strongest performer in the quarter in absolute terms, as we achieved our highest quarter to date in terms of organic additions. The Netherlands contributed significantly not only to our record telephony additions, but also to our broadband Internet additions, as a result of their revamped bundling offers launched in the second quarter. Our Dutch operation added 43,000 telephony and 24,000 broadband Internet subscribers during the third quarter, approximately doubling their additions from the second quarter of 2007.

The breakdown of our 14.7 million video subscribers consisted of 10.6 million analog cable, 3.1 million digital cable and 1.0 million DTH subscribers. In the third quarter, we added 4,000 organic video subscribers, a substantial improvement over our loss of 54,000 organic subscribers in the second quarter of 2007. The slight gain was driven by our strongest quarter of the year in terms of organic digital cable and DTH additions, offset in large part by decreases in analog subscribers. Our Romanian and Hungarian operations, which have been impacted by competition, showed improvement over both the first and second quarters of 2007 in terms of net video losses, as we organically lost a combined 25,000 video subscribers in the third quarter of 2007 as compared to 45,000 and 59,000 in the first and second quarters of 2007, respectively.

Digital cable additions continued to accelerate in the third quarter, as we added 234,000 organic RGUs, a 19% improvement over the comparable period in 2006. Sequentially, our organic digital cable additions increased by 21%, as Japan, Belgium, Netherlands, the Czech Republic, and Switzerland, all experienced solid sequential gains. In Japan, J:COM increased its digital penetration by 4%, ending the third quarter with a penetration rate of 63%. In Europe, we continue to gain traction with the DVR in the Netherlands and Switzerland, as approximately 50% of our recent digital sales have included a DVR. Additionally, we have completed our roll-out for DVR, VOD and high definition (“HD”) television in the Netherlands, helping to further increase our incremental digital cable ARPU in that market. As we move forward with our digitization efforts across Europe, we will aggressively roll-out the value-added product suite of DVR, VOD and HD.