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Liberty Global adds mobile and broadband subscribers amid overall losses.

November 4, 2021 11.34 Europe/London By Julian Clover

Liberty Global, which has a string of joint ventures and interests, across Europe added 266,000 aggregate broadband and postpaid mobile subscribers in the third quarter.

However, there were overall subscriber losses of 5,400, across Belgium, Switzerland, Ireland and Slovakia. The company reported earnings of $315.6 million in the third quarter.

It was the first full results for all four of Liberty’s now converged national operations.

Liberty Global CEO Mike Fries said: “In the UK and Switzerland, we remain on track with our integration and synergy plans, while recently introducing new FMC portfolios at both Virgin Media O2 and Sunrise UPC. Virgin Media O2’s VOLT campaign builds on its rapidly growing gigabit-ready footprint and 5G coverage across the UK. In Switzerland, our new Sunrise We bundles allow customers to benefit from the best broadband connectivity in the market and a completely new Sunrise TV service.”

Sunrise was able to continue with its low churn and put on 5,000 new broadband additions. Demand for mobile postpaid remains strong with 43,000 net adds.

In Belgium, Telenet enjoyed a strong uptake of FMC customers, driven by its ONE bundles.

Virgin Media in the UK launched its first converged product, VOLT, which went live in the market just four months after the company formed. Contract mobile net adds were 108,000 in Q3. Q3 broadband net adds were 42,000 reflecting the continued demand for faster broadband speeds, with a sixth consecutive quarter of growth in both Project Lightning areas and the existing footprint.

VodafoneZiggo added 67,000 mobile postpaid subscribers and 9,000 converged households across the Netherlands.

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Filed Under: Newsline Tagged With: Liberty Global Edited: 4 November 2021 11:34

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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