Liberty Global Results Presentation Deck
SUNRISE(¹): CONTINUED
DESPITE ANNOUNCED
MACRO
Inflation remains moderate,
down slightly to 1.7% in June
●
• Consumer confidence is low,
but improved from Q4'22
• Stable unemployment (-2%)
GDP forecast low (~1%) (²)
●
+
MARKET CONTEXT
Sunrise reducing promotional
intensity; Continues to
outgrow competition on
mobile
●
●
●
Broadband market flux is low;
growth at lower-end (flanker)
Sunrise price rise of 4% in
fixed/mobile effective July
Salt announced 3% price rise
in mobile
BROADBAND NET ADDS
(000'S)
(2)
0
9
47
POSTPAID GROWTH
PRICE INCREASES FOR H2
42 44
7
Q2'22 Q3'22 Q4'22 Q1'23 Q2'23
POSTPAID MOBILE NET ADDS
(000'S)
(1) YoY growth rates presented on a rebased basis. See the Appendix for additional information and reconciliations.
(2) Full Year 2023 estimate.
(3)
58%
FMC
36
23
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
-1.0%
-3.8%
+0.1%
+3.3%
-6.0%
-0.1%
39%
41%
19%
1%
Q2 RESULTS
Broadband net adds softer
due to reduced promotional
intensity on the main brand
and a slight increase in churn
●
●
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STRATEGIC UPDATE
●
Sunrise
Postpaid mobile momentum
continues
Revenue declined modestly
as momentum in flanker
brands was offset by ARPU
pressure on main brand
EBITDA trend improvement
in Q2 due to lower CTC
spend and labor costs
Hybrid Network Strategy
(HFC and wholesale access
to Swisscom/SFN FTTH)
First 5G SA Mobile Private
Network
Executing on dual brand
strategyView entire presentation