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Liberty Global Ltd. 2025 Q3 - Results - Earnings Call Presentation (NASDAQ:LBTYA) 2025-10-30
Seeking Alpha· 2025-10-30 14:02
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Liberty .(LBTYA) - 2025 Q3 - Quarterly Results
2025-10-30 12:13
1 • Liberty Telecom: Our telco operations in the UK, Netherlands and Ireland all delivered improved net adds across both their broadband and postpaid commercial results in Q3, while Belgium remained broadly stable. VMO2 successfully launched giffgaff broadband, underpinning its multi-brand approach in fixed alongside a similar strategy in mobile. VodafoneZiggo's new strategic plan helped deliver its best quarterly broadband performance in over two years and in October, VodafoneZiggo launched a 2 Gbps offeri ...
Liberty .(LBTYA) - 2025 Q3 - Quarterly Report
2025-10-30 12:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35961 Liberty Global Ltd. (Exact name of Registrant as specified in its charter) Bermuda 98-1750381 (State or other jurisdiction of inc ...
Dr. John C. Malone to Transition to Chairman Emeritus of Liberty Global Ltd.
Businesswire· 2025-10-29 15:30
DENVER, Colorado--(BUSINESS WIRE)--Liberty Global Ltd. ("Liberty Global†or the "Company†) (Nasdaq: LBTYA, LBTYB, LBTYK) announced today that Dr. John C. Malone, Chairman of Liberty Global's board of directors ("Board†), will step down from the Board effective January 1, 2026 and transition to Chairman Emeritus. In this capacity, Dr. Malone will continue to provide active counsel and strategic insight to Liberty Global and may attend board meetings, but will not have a formal vote on Board matt. ...
John Malone Stepping Down as Chairman of Liberty Media, Liberty Global
WSJ· 2025-10-29 15:17
The 84-year-old "Cable Cowboy†will become chairman emeritus of both companies. ...
John Malone to step down as chair of Liberty Media
Youtube· 2025-10-29 15:05
Welcome back. Some news uh on John Malone, the longtime chairman of course of uh Liberty Media, Liberty Global. He will be stepping down from both of those positions.Um according to sources, expecting the companies to confirm that as well. It' been reported by another publication this morning. I can confirm uh that Malone will be doing so.Not a huge surprise of course uh given he has been um devesting to a certain extent andor consolidating control positions and things of that nature for quite some time now ...
Oil Inventories See Major Draw, Bank of Canada Cuts Rates and Outlook, While Tech Giants Get Price Target Boosts
Stock Market News· 2025-10-29 14:39
Key TakeawaysU.S. Crude Oil Inventories experienced a significant draw of 6.858 million barrels, far exceeding the estimated 1.203 million barrel increase and the previous week's 961,000 barrel decline. However, Cushing crude oil inventories saw a build of 1.334 million barrels, reversing the prior week's draw.The Bank of Canada cut its benchmark interest rate by 25 basis points to 2.25% and sharply reduced its economic growth forecasts for 2025 to 1.2% (from 1.8%) and 2026 to 1.1% (from 1.8%), primarily du ...
John Malone to step down as chair of Liberty Media and Liberty Global, FT reports
Reuters· 2025-10-29 14:32
Media mogul John Malone will step down as chair of Formula 1 owner Liberty Media and Liberty Global , the Financial Times reported on Wednesday, citing two people familiar with the matter. ...
Liberty Global: Asymmetric Bet On Multiple Spinoffs
Seeking Alpha· 2025-08-05 13:29
Group 1 - The article discusses the reactivation of Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) and emphasizes that there is no change in the investment thesis [1] Group 2 - The author has a beneficial long position in Liberty Global shares, indicating confidence in the company's future performance [3]
Liberty .(LBTYA) - 2025 Q2 - Quarterly Results
2025-08-01 12:15
Revenue Performance - Liberty Global's Q2 2025 revenue increased to $1,269.1 million, a 20.0% increase year-over-year, with consolidated Liberty Telecom revenue at $923.8 million, up 5.6%[5] - VMO2's revenue was $3,373.5 million, a slight decrease of 0.1% year-over-year, while Adjusted EBITDA was $1,172.3 million, up 3.5%[11] - Telenet reported revenue of $801.0 million, a 6.1% year-over-year increase on a reported basis and 0.6% on a rebased basis[25] - The VodafoneZiggo joint venture reported a revenue of $1,123.3 million for Q2 2025, a 2.9% increase from $1,091.6 million in Q2 2024[36] - Total consolidated revenue for the first half of 2025 was $2,440.3 million, reflecting a 13.5% increase from $2,149.2 million in the same period of 2024[36] Adjusted EBITDA - Telenet's Adjusted EBITDA rose to $337.9 million, an 8.3% increase year-over-year, while VM Ireland's Adjusted EBITDA decreased to $41.4 million, down 9.4%[5] - Adjusted EBITDA for Telenet was $337.9 million in Q2 2025, an 8.3% increase from $311.9 million in Q2 2024[37] - Adjusted EBITDA for the six months ended June 30, 2025, was £1,898.3 million, down 0.8% from £1,913.5 million in the same period of 2024[123] - Consolidated Adjusted EBITDA for Q2 2025 was $335.3 million, up from $297.6 million in Q2 2024, marking an increase of 12.8%[139] Customer Metrics - Fixed-line customer relationships saw a net loss of 51,400 broadband subscribers and 73,600 postpaid mobile subscribers in Q2 2025, attributed to intense market competition[14] - Telenet's total mobile subscribers reached 2,844,200 as of June 30, 2025, with a net decrease of 45,900 subscribers compared to June 30, 2024[44] - The total number of broadband subscribers decreased by 2,000 year-over-year, with a total of 1,717,600 subscribers as of June 30, 2025[64] - Organic broadband net losses for the year-over-year period were 67,200, with total broadband subscribers at 5,643,500[49] Debt and Financial Position - Total principal amount of debt and finance leases stood at $9.9 billion, with a blended cost of debt at 3.7%[33] - The net carrying amount of third-party debt was €10,554.5 million as of June 30, 2025, down from €10,965.4 million[61] - Telenet's total third-party debt and lease obligations amounted to €6,890.4 million as of June 30, 2025, down from €7,165.0 million in March 2025[70] - The leverage ratio (Net Total Debt to Annualized Adjusted EBITDA) was 5.37x as of June 30, 2025[78] Cash Flow and Capital Expenditures - Cash flows from operating activities for Liberty Global were $149.2 million, a decrease of 41.2% year-over-year[34] - The company reported total capital expenditures of $319.3 million for the three months ended June 30, 2025, compared to $185.0 million in 2024, marking a 72.5% increase[93] - Adjusted Free Cash Flow (FCF) was negative at $(201.2) million for Q2 2025, compared to positive $60.6 million in Q2 2024[138] - Capital expenditures (P&E Additions) increased by 26.1% to €48.8 million in Q2 2025 from €38.7 million in Q2 2024[74] Strategic Initiatives and Outlook - Liberty Global is targeting $500-750 million in non-core asset disposals this year following the exit from the Vodafone collar position[3] - The company is confirming guidance metrics for Liberty Telecom operations while raising Telenet's Adjusted EBITDA outlook for 2025[4] - VodafoneZiggo is experiencing early signs of commercial improvement under its new strategic plan, with improved churn rates in fixed broadband[15] Market and Competitive Environment - Telenet confirmed a low-single digit decline in Adjusted EBITDAaL for the year, reflecting a challenging competitive environment[21] - The convergence households as a percentage of broadband RGUs decreased to 41.8% from 43.3%[49] - The company experienced a decline in residential mobile revenue, which fell by 5.8% year-over-year to €133.9 million in Q2 2025[65]