Liberty Global: European Telecoms Assets On Sale
Liberty .(LBTYA) Seeking Alpha·2024-01-24 05:11
TOLGA AKMEN/AFP via Getty Images Despite rebounding sharply over the past few weeks, shares of Liberty Global (NASDAQ:LBTYA) (NASDAQ:LBTYK) (NASDAQ:LBTYB) have had a pretty lackluster 12 months, losing around 10% of their value and underperforming U.S. telecoms (IYZ) by a decent margin in that time. Source: Seeking Alpha Liberty's European telecoms businesses have faced a tough operating environment recently, with earnings coming under pressure from cost inflation and declining fixed subscribers. Liberty is ...