Liberty Global's European Market Dominance

By Bobby Samwell • Thursday, September 05 07:58 • Permanent Link

Liberty Global Ltd. (NASDAQ: LBTYA, LBTYB, and LBTYK) is gearing up to present at the Goldman Sachs European Communacopia Conference, scheduled for September 17, 2024, at 7:20 a.m. Mountain Time. The company boasts a significant presence in the European market, with over 85 million connections across the continent.

In terms of financial performance, Liberty Global's consolidated businesses generated annual revenue exceeding $7 billion, while its joint ventures (VMO2 JV and VodafoneZiggo JV) collectively yielded more than $18 billion in annual revenue. Notably, Liberty Global Ventures, the company's global investment arm, holds a portfolio of over 75 companies and funds across various industries, including stakes in well-known entities like ITV, Televisa Univision, Plume, Atlasedge, and the Formula E racing series.

The press release states that Liberty Global intends to webcast the presentation live on its website, www.libertyglobal.com. After the event, the webcast will be archived under the investor relations section of the company's website for approximately 30 days.

The company's market presence is evident through its operation under consumer brands such as Sunrise in Switzerland, Telenet in Belgium, Virgin Media in Ireland, UPC in Slovakia, Virgin Media-O2 in the U.K., and VodafoneZiggo in the Netherlands. Liberty Global emphasizes its commitment to innovation and scaling its infrastructure and platforms to empower customers and support the digital revolution.

It's important to note that the press release highlights that the revenue figures provided are based on full-year 2023 results for Liberty Global's consolidated businesses, combined full-year 2023 results for the VodafoneZiggo JV, and full-year 2023 U.S. GAAP results for the VMO2 JV. Additionally, it clarifies the nature of mobile services delivered by various subsidiaries, shedding light on their roles as mobile network operators, resellers, and virtual network operators.

As Liberty Global prepares for its presentation at the conference, the provided financial figures and operational insights present a comprehensive overview of the company's performance and strategic positioning in the European telecommunications and media landscape. Today the company's shares have moved 4.1% to a price of $20.03. For more information, read the company's full 8-K submission here.

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