Liberty Global Results Presentation Deck
VODAFONEZIGGO(¹): MOMENTUM IN MOBILE DRIVES OZ
OPERATING RESULTS; PRICE RISE TO HELP H2
MACRO
●
●
●
●
Inflation coming down
steadily to 5.7% in June
MARKET CONTEXT
Network competition heating
up, but fiber activity rational
●
Consumer confidence
remains low
GDP forecast low (~1%) (³)
Increased commercial
pressure with lower front-
book pricing and promotions
3.5 GHz auction delayed
(2024)
VZ fixed price rise of ~8.5%
effective July
BROADBAND NET ADDS(2)
(000'S)
(2)
(9)
49
7
(31)
Q2'22 Q3'22 Q4'22 Q1'23 Q2'23
67
(9)
POSTPAID MOBILE NET ADDS
(000'S)
47%
FMC
26
39 38
Q2'22 Q3'22 Q4'22 Q1'23 Q2'23
Q2 GROWTH (%)
TOTAL
REVENUE
FIXED
CONSUMER
MOBILE
CONSUMER
B2B
(FIXED & MOBILE)
OTHER
ADJ EBITDA
REVENUE SPLIT (%)
FIXED
CONSUMER
MOBILE
CONSUMER
B2B
(FIXED & MOBILE)
OTHER
(1) Non-consolidated 50% owned JV. Reflects 100% of VodafoneZiggo. YoY growth rates presented on a rebased basis. See the Appendix for additional information and reconciliations.
(2) Broadband additions include certain B2B as defined by VodafoneZiggo.
(3) Full Year 2023 estimate.
-0.2%
-2.7%
+3.3%
+2.1%
-11.0%
-3.6%
49%
23%
27%
1%
Q2 RESULTS
Broadband net add decline
due to continued competitive
environment
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●
●
●
Postpaid net adds supported
by a low churn level
STRATEGIC UPDATE
Successful DOCSIS 4.0 Pilot
reaching 15 Gigabit speeds
Continuing to refine longer-
term network strategy options
●
Revenue stable, as growth in
mobile and B2B was offset by
a lower fixed customer base
EBITDA growth still impacted
by inflation headwinds
Step up in entertainment
proposition with 5 OTT Apps
onboarded in 2023
Evaluating impact of Viaplay
announcements
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