Germany and CEE were the biggest revenue drivers for Liberty Global in the first quarter, posting rises of 11.8% and 6.3% respectively.
In its latest set of results, the company says that Q1 saw the strongest quarterly revenue growth in nearly five years. Looking more generally at the results, which have come alongside the news that Liberty has agreed to see its operations in Germany and three CEE markets to Vodafone, the company indicates that its next generation platforms added 201,000 subscribers in Q1, ending March with a total of 7.9 million, or 45% of the total video cable base, excluding DTH.
Deployments of its latest WiFi Connect Box increased by over 800,000 in Q1 to reach nearly 7.3 million, or 48% of broadband subscribers in Europe.
Liberty also added 52,000 mobile subscribers in Q1.
Liberty lost a total of 19,300 DTH subscribers in all four CEE markets in which it provides services. Its video subscriber total across Europe fell by 93,000. On the other hand, it gained 80,400 internet and 71,800 telephony customers, along with 59,200 RGUs.
Revenues in Q1 amounted to $4,156.1 million, or 18.4% more than in the same period last year. On a rebased level, it was 4.2% higher.
Meanwhile, operating income was $493.1 million, or 17.5% more than a year earlier, and the net loss attributable to shareholders $1,186.5 million, compared to $325.6 million in Q1 2017.