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Liberty Global growth slows in Q3

Friday 4 November 2016 | 08:10 CET | News
Liberty Global reported third-quarter revenues up 2 percent on an organic basis to USD 4.31 billion, and operating cash flow rose 3 percent to USD 2.06 billion. While the company gained 27,000 new customers in the three months, thanks largely to network expansion, the number of revenue-generating units rose by only 257,000, or 13 percent less than a year earlier. Liberty Global said it expects better cash flow growth in Q4, but the company will only reach the low end of its full-year target of 4-5 percent organic growth in operating cash flow. The slower growth is due to the timing of its

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Categories: Fixed
Companies: Liberty Global
Countries: Europe
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