Liberty Global organic video subscriber losses at 54,900 for 2Q 2019
Wednesday, August 7th, 2019
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)
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