Financial Data and Key Metrics Changes - Liberty Global reported stable revenue and EBITDA across its operating companies, with Virgin Media O2 experiencing a decline in both metrics [54][56] - Sunrise reported a revenue decline of 1.3%, primarily due to the annualization of last year's price rise, but mobile subscriptions and B2B revenue showed continued momentum [54][56] - Telenet delivered stable revenue in Q3, driven by the recognition of previously deferred revenues, while Virgin Media O2's revenue declined by 4.5% due to low-margin hardware and B2B fixed revenues [55][56] Business Line Data and Key Metrics Changes - Sunrise achieved positive broadband net adds, supported by churn reduction initiatives, while mobile ARPU was negatively impacted by lower-priced flanker brand growth [40][54] - Telenet saw improvements in net broadband losses and fixed ARPU growth, supported by a recent price rise [43][56] - VodafoneZiggo reported stable revenue driven by mobile and B2B fixed revenue growth, despite a decline in the B2C fixed customer base [57][60] Market Data and Key Metrics Changes - The U.K. market is experiencing rationalization among fixed and mobile networks, with Virgin Media O2 adding broadband subscribers and growing ARPU [12][13] - In the Benelux region, the cooperation with Proximus on fiber rollout is under regulatory review, which could lead to significant market share [16][17] - The competitive landscape in the Dutch market remains aggressive, with VodafoneZiggo focusing on managing churn and enhancing customer value [90][91] Company Strategy and Development Direction - The company is focused on driving value recognition in its share price through strategic initiatives, including the spinoff of its Swiss subsidiary, Sunrise [9][10] - Liberty Global aims to optimize its investment portfolio by exiting lower-growth businesses and reallocating capital to more attractive long-term opportunities [18][19] - The company is pursuing a value creation strategy for its remaining telecom assets, emphasizing commercial momentum and infrastructure management [28][33] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the merger between Vodafone and Three in the U.K., anticipating regulatory approval that would stabilize the mobile market [14] - The company noted that the European telecom sector is moving towards more rational behavior among competitors, which should enhance the value of Liberty Telecom over time [33] - Management highlighted the importance of managing churn and enhancing customer propositions to stabilize and grow subscriber bases in competitive markets [90][91] Other Important Information - Liberty Global has realized $900 million in asset sales over the past 12 months, demonstrating its ability to generate value from investments [19][20] - The company is on track to repurchase 10% of its shares this year, with 8% already acquired year-to-date [22][23] - The average analyst valuation for Sunrise is CHF8.2 billion, implying a significant contribution to Liberty Global's share price post-spinoff [65][66] Q&A Session Summary Question: What is the current status of U.K. fiber builds and the impact of the Upp acquisition? - Management confirmed that they built close to 300,000 nexfibre premises in the last quarter, indicating no slowdown in fiber builds [75][76] Question: Can you provide clarity on 2024 central cash and its components? - Management estimated cash liquidity to be in excess of $2 billion, potentially reaching $2.5 billion when including liquid stakes [84][85] Question: What strategies will be implemented to stabilize and grow the VodafoneZiggo subscriber base? - Management emphasized managing churn and enhancing customer value through competitive offerings and promotions [90][91]

Financial Performance - Q3 2024 revenue increased 4.4% YoY to $1,935.2 million, with a rebased increase of 2.6%[14] - Q3 2024 Adjusted EBITDA rose 11.8% YoY to $668.3 million, reflecting a 9.4% increase on a rebased basis[14] - Telenet's Q3 revenue increased 1.3% YoY to $785.2 million, with Adjusted EBITDA rising 6.2% YoY to $360.9 million[10] - VMO2 reported a return to positive fixed customer net adds of 15,000 in Q3, with a 2.2% YoY growth in fixed ARPU[11] - Liberty Global's net earnings decreased 271.5% YoY to ($1,410.9 million) in Q3 2024[14] - Total revenue for the three months ended September 30, 2024, was $1,935.2 million, representing a 4.4% increase compared to $1,854.5 million in 2023[19] - Net earnings for the three months ended September 30, 2024, were ($1,410.9 million), compared to $822.7 million in 2023[17] - Adjusted EBITDA for the three months ended September 30, 2024, was $668.3 million, an 11.8% increase from $597.7 million in 2023[20] - The VMO2 JV reported revenue of $3,512.7 million for the three months ended September 30, 2024, a slight increase of 0.3% from $3,503.8 million in 2023[19] - The VodafoneZiggo JV reported an Adjusted EBITDA of $527.8 million for the three months ended September 30, 2024, a 1.8% increase from $518.3 million in 2023[20] Cash and Liquidity - Liberty Global's cash balance was $3.5 billion as of September 30, expected to decrease to ~$2 billion by year-end after a $1.4 billion capital injection into Sunrise[6] - Liquidity as of September 30, 2024, was $5.0 billion, including $2.4 billion in cash[22] - The total unused borrowing capacity as of September 30, 2024, was $1,585.3 million, indicating strong liquidity position[45] - The company’s liquidity includes cash and cash equivalents, investments, and maximum undrawn commitments, ensuring operational flexibility[45] - Liberty Global has a total liquidity of $5,036.2 million, which includes cash and cash equivalents of $2,356.4 million and unused borrowing capacity of $1,585.3 million[32] Debt and Financial Obligations - Total principal amount of debt and finance leases stood at $16.0 billion, with an average debt tenor of 4.1 years[22] - Total debt and finance lease obligations amount to $16,002.6 million, with principal cash payments expected to be $683.6 million[33] - Debt and finance lease obligations before deferred financing costs totaled $16,002.6 million, resulting in a debt to LTM Adjusted EBITDA ratio of 6.4[60] - Adjusted net debt and finance lease obligations were $11,832.9 million, leading to a net debt to LTM Adjusted EBITDA ratio of 4.9[60] Customer Metrics - Sunrise achieved 1,300 broadband net adds and 43,200 mobile postpaid net adds in Q3, with a 59% FMC penetration rate[7] - The company reported a total of 12,200 organic customer net losses in the three months ended September 30, 2024, compared to 39,100 losses in the same period of 2023[16] - Liberty Global's total RGUs reached 8,581,300, with 5,932,500 total mobile subscribers as of September 30, 2024[38] - The company reported an organic change of 31,600 homes passed, with a decrease of 12,200 fixed-line relationships customers in the same period[39] - The number of Fixed-Line Customer Relationships is counted on a unique premises basis, excluding mobile-only customers[67] Capital Expenditures - Capital expenditures for the nine months ended September 30, 2024, totaled $987.2 million, reflecting an increase from $1,016.2 million in the same period of 2023[34] - The total capital expenditures net for the three months ended September 30, 2024, was $347.1 million, compared to $327.8 million in the same period of 2023[34] - The company’s property and equipment additions as a percentage of revenue stood at 19.9% for the three months ended September 30, 2024[34] - The company reported P&E additions of $687.8 million for Q3 2024, slightly up from $687.7 million in Q3 2023, indicating stable capital expenditure[47] Strategic Initiatives - The company anticipates a CHF 240 million dividend from Sunrise in mid-2025, followed by a progressive annual dividend policy[4] - Liberty Global's strategic plans include investments in fiber upgrade programs in the U.K. and Belgium[23] - The anticipated spin-off of the Swiss operating company, Sunrise, includes expected capital injection and potential dividends[23] - The company is leveraging AI technologies to drive future operational and financial performance[23] - The company is focused on maximizing shareholder value through its Liberty Growth portfolio and share repurchase initiatives[23] Performance Metrics - Adjusted EBITDA less P&E Additions for the total was $282.7 million for the three months ended September 30, 2024, a 21.5% increase from $232.6 million in 2023[21] - Adjusted EBITDA less P&E Additions for Q3 2024 was $483.1 million, compared to $483.2 million in Q3 2023, showing minimal change year-over-year[47] - Adjusted Free Cash Flow (Adjusted FCF) for the three months ended September 30, 2024, was $91.1 million, compared to $(102.3) million in 2023[55] - Distributable Cash Flow for the three months ended September 30, 2024, was $91.1 million, down from $309.4 million in the same period of 2023[55] Foreign Currency and Other Losses - The company reported a foreign currency transaction loss of $578.3 million for the three months ended September 30, 2024, compared to a loss of $(664.4) million in 2023[50] - The company reported a foreign currency transaction loss of $769.0 million and a realized and unrealized loss on derivative instruments of $653.1 million[60] Shareholder Actions - The share repurchase program for 2024 authorizes the repurchase of up to 10% of outstanding shares as of December 31, 2023[24]

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, 2024 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 ...

LIBERTY GLOBAL INVESTOR CALL Q2 2024 JULY 26, 2024 �� � sunrise _ 2 Forward-Looking Statements + Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to our strategies, future growth prospects and opportunities; expectations regarding our, our affiliates' and our joint ventures' financial performance, including revenue, Rebased Revenue, Adjusted EBITDA, Adjusted EBITDA Less P&E Additions ...

Liberty Global Ltd (NASDAQ:LBTYA) Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants Michael Fries - Vice Chairman, President & Chief Executive Officer Charles Bracken - Executive Vice President & Chief Financial Officer Lutz Schüler - Chief Executive Officer, Virgin Media John Malone - Chairman André Krause - Chief Executive Officer, Sunrise UPC Business Andrea Salvato - Executive Vice President & Chief Development Officer Ritchy Drost - Chief Financial Officer Conference Call P ...

Liberty Global's (LBTYA) profit from continuing operations in the second quarter of 2024 amounted to $275.2 million, up 153.8% year over year. Revenues increased 1.4% year over year to $1.873 billion. On a rebased basis, revenues rose 2.2% year over year. The Zacks Consensus Estimate for the top line was pegged at $1.87 billion. Top-Line Details Total average revenue per unit (ARPU) per fixed customer relationship increased 1.3% year over year to $65.62. On a rebased basis, the figure rose 2.2%. Mobile ARPU ...

Exhibit 99.1 Q2 2024 Fixed Income Release Denver, Colorado July 25, 2024: Liberty Global Ltd. ("Liberty Global") (NASDAQ: LBTYA, LBTYB, LBTYK) is today providing selected, preliminary unaudited financial and operating information for its fixed-income borrowing groups for the three months ("Q2") ended June 30, 2024 as compared to the results for the same period in the prior year (unless otherwise noted). The financial and operating information contained herein is preliminary and subject to change. We expect ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 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 June 30, 2024 Commission file number 001-35961 Liberty Global Ltd. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organizati ...

Liberty Global (LBTYA) is set to acquire shares held by Warner Bros. Discovery (WBD) in the electric car racing series, Formula E. This acquisition will increase Liberty Global's ownership in Formula E to 65%, granting it a controlling interest in the rapidly growing motorsport and, therefore, aid the long-term growth of the company. Formula E is the only FIA-sanctioned electric world motor racing championship and the world's top-rated ESG sport. It is also unique for being the only net zero carbon sport fr ...

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- RedBird IMI, a joint venture investment platform focused on global media, entertainment, sports and news content properties, today announced that it has completed its acquisition of All3Media, one of the world's leading independent television production and distribution companies, from its joint owners, Warner Bros. Discovery, Inc. (NASDAQ:WBD) and Liberty Global Ltd. (NASDAQ:LBTYA, LBTYB and LBTYK))). The deal has been approved by regulators in the United States, ...