Liberty Global Results Presentation Deck
FOCUS ON EXECUTION OF SYNERGIES IN UK/CH:
2022 PEAK YEAR FOR CTC TO DELIVER SYNERGIES
SUNRISE UPC
NPV of synergies CHF3.7bn (annualized
CHF325m). Over two thirds of synergies opex
related. Overall CTC spend envelope approximately
CHF400m
Key synergy areas in 2022 - DSL offloading,
MVNO, headcount and revenue
●
Key CTC spend in 2022 on DSL offloading, TV
migration and IT
VMO2(1)
NPV of synergies £6.2bn (annualized £540m).
Two thirds of synergies opex related. Overall CTC
spend envelope approximately £700m
Key synergy areas in 2022 - MVNO, network
synergies (backhaul), headcount and revenue
Key CTC spend in 2022 on mobile capacity for
MVNO, IT integration and restructuring
(1) Non-consolidated 50% owned JV. Reflects 100% of VMO2
2021A
2022E
Remaining
2021A
2022E
Remaining
0
50
100
Annual CTC spend in period
11
100
200
Annual CTC spend in period
150
Sunrise upc
>CHF150m CTC in 2022 approaching
breakeven vs synergies
200
Synergies realized
Virgin
250
300
■Synergies realized
400
media
300
O
0₂
>£300m CTC in 2022 outweighs
synergy benefit
500
12
350
600View entire presentation