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Broadband

Liberty Global subscriber growth improves in Q2

Friday 5 August 2016 | 08:30 CET | News
Liberty Global reported an improvement in customer growth in the second quarter, adding 277,000 revenue-generating units in the three months on an organic basis. That's twice as many as a year ago and also up on 156,000 in Q1. ARPU was down 0.4 percent year-on-year to USD 44.65, but grew 1.5 percent after excluding currency effects, thanks to growth in Germany and Belgium. The cable operator's revenue was up 11 percent year-on-year to USD 5.074 billion, driven by the acquisition of Base in Belgium, and operating cash flow rose 5.5 percent to USD 2.306 billion.

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Categories: Fixed
Companies: Liberty Global
Countries: Europe
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