Investor Releases
04.08.2010
Q2 2010 Selected Operating and Financial Results
Unitymedia Continues Advanced Services Growth
Cologne, Germany – August 4, 2010. Unitymedia GmbH (“Unitymedia”), the second largest cable operator in Germany today provides selected, preliminary unaudited financial and operating information for the three and six months ended June 30, 2010. Unitymedia is a subsidiary of Liberty Global, Inc. (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK). A copy of this press release will be posted to the Unitymedia website (www.unitymedia.de) as well as to the Liberty Global website (www.lgi.com). In addition, Unitymedia’s unaudited financial statements with the accompanying notes are expected to be posted to both websites prior to the end of August 2010.
Financial and operating highlights for the three months (“Q2”) ended June 30, 2010 as compared to the results for the same period last year (unless noted) include:
Cable Operating Performance and Highlights*:
- Total RGUs increased by 6% or 313,000 over the last twelve months to 5.9 million, of which 72,000 were added in Q2
- Advanced services subscriptions, consisting of digital cable, internet and telephony, grew by 25% or 565,000 over the last twelve months to 2.8 million RGUs
- Telephony and internet RGUs increased 39% and 37%, respectively
- During Q2 2010, 74% of all new internet additions took Unity3play
- Digital penetration increased to 32% from 28%
- Both internet and telephony penetration are at 8% of two-way homes passed, up from 6%
- High definition TV set-top box launched in May
- New broadband bundles and pricing introduced in June demonstrating Unitymedia´s speed advantage over DSL and bundling capabilities of video, internet and voice
Cable Financial Results*:
- Cable revenue growth up 3% to €231 million during Q2 2010 and 4% to €459 million during the first half of 2010, with blended ARPU per customer increasing 6% to €14.84 per customer in Q2
- Cable Adjusted EBITDA increased from €115 million to €137 million during Q2 2010 and from €229 million to €260 million during the first half of 2010, primarily resulting from the aggregate positive impact of certain one-off adjustments, as further described under Adjusted EBITDA
- Excluding the aforementioned one-off adjustments, Cable Adjusted EBITDA would have increased 5% during Q2 2010 and 9% during the first half of 2010.
- Cable capital expenditures decreased modestly from 29% to 28% of cable revenue
15.06.2010
Unitymedia to close arenaSAT: Broadcasting of Pay TV channels ends on September 30, 2010
arenaSAT subscribers will still be able to use their receivers for watching Free TV
- Receivers remain fully functional without any adjustments
- Customers will receive written information shortly
Q1 2010 Selected Operating and Financial Results
Continued Triple Play Growth at Unitymedia
Cologne, May 7, 2010 – Unitymedia GmbH (“Unitymedia”), the second largest cable operator in Germany is today providing selected, preliminary unaudited financial and operating information for the three months (“Q”) ended March 31, 2010. Unitymedia is an indirectly owned subsidiary of Liberty Global, Inc. (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK). A copy of this press release will be posted to the Unitymedia website (www.unitymedia.de) as well as to the Liberty Global website (www.lgi.com). In addition, Unitymedia’s financial statements with the accompanying notes are expected to be posted to both websites prior to the end of May 2010.
Financial and operating highlights for the quarter ended March 31, 2010 as compared to the results for the same period last year (unless noted) include:
Cable Operating Performance*:
- Total RGUs increased 6% to 5.8 million
- Quarterly net RGU additions of 92,000 as compared to 88,000
- Advanced services subscriptions, consisting of digital cable, internet and telephony, grew by 30% or 618,000 to 2.7 million RGUs
- Telephony and internet RGUs increased 49% and 45%, respectively
- During Q1 2010, 75% of all new internet additions took Unity3play
- Digital penetration increased to 31% from 26%
- Both internet and telephony penetration reached 8% of two-way homes passed, up from 6%
Cable Financial Results and Highlights*:
- Cable revenue growth of 5% to €228 million, with blended ARPU per customer increasing 7% to €14.68 per customer
- Cable Adjusted EBITDA increased 8% to €120 million
- Cable Adjusted EBITDA margin increased 170 basis points to 53%
- Cable capital expenditures decreased to 22% of cable revenue from 28%
- Repaid pre-acquisition capital structure and completed UPC Germany debt pushdown
* For definitions and reconciliations of certain financial and subscriber metrics please see pages 8-11.
Read more17.03.2010
2009 Annual Results
Unitymedia Delivers Strong Triple Play Growth
Continuing growth in New Services:
- New Services subscriptions up 31% on last year to 2.0 million
- Internet RGUs up 53%, Telephony RGUs up 61%
- Retail Broadband penetration now at 13% of BCS base
- Subscriber base 30% digital
Financial results:
- Cable revenue up 7% to €870 million, with New Services revenues up 35%
- Blended ARPU up 11% to €14.22 with 39% uplift in New Services ARPU contribution
- Adjusted Cable EBITDA up 13% to €446 million, 51% margin
- Consolidated revenue of €1.0 billion, €463 million Adjusted EBITDA, net profit of €77 million, including arena
04.03.2010
Unitymedia refinances existing indebtedness
Following the closing of the acquisition of Unitymedia by Liberty Global on January 28, 2010, Unitymedia refinanced its existing indebtedness under the senior secured floating rate notes, the senior notes and the Term Loan on March 2, 2010:
Liberty Global, Inc. (LGI) indirectly owns 100% of UPC Germany GmbH (UPC Germany). On January 28, 2010, UPC Germany completed the acquisition of Unitymedia GmbH (Unitymedia), Germany’s second largest broadband communications operator. In the following paragraph, convenience translations into U.S. dollars are calculated using the March 2, 2010 exchange rate.
Read more28.01.2010
Liberty Global Completes Acquisition of Unitymedia The Second Largest Cable Operator in Germany
Englewood, Colorado – January 28, 2010: Liberty Global, Inc. (“Liberty Global,” “LGI,” or the “Company”) (NASDAQ: LBTYA, LBTYB and LBTYK) today announced that, following regulatory approval earlier this week, it has completed the previously announced agreement with Unity Media S.C.A. to acquire all of the issued and outstanding capital stock of Unitymedia GmbH ("Unitymedia”), Germany’s second largest cable operator. The acquisition involved total consideration of approximately €3.5 billion.
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