Third-quarter revenues at Liberty Global slipped by 8.2% to $1,746.3 million in the third quarter amid a mixture picture across its network.
“In Q3, we delivered aggregate2 broadband and postpaid mobile growth of 186,000 new subscribers, supported mostly by broadband subscriber gains in the UK and positive postpaid trends across all our core FMC markets,” said CEO Mike Fries.
In the UK, Virgin Media’s total fixed-customer base stands at 5.8m with additions of 12,300 in the quarter with the company taking advantage of its merger with O2 to develop greater convergence. One million customers are now on a Volt bundle and 628,700 mobile connections were added in the quarter.
115k premises built to in Q3 taking total Lightning build to 3 million. These include places such as new housing developments close to existing Virgin Media plant.
In the Netherlands, VodafoneZiggo delivered 67,000 mobile postpaid additions in Q3 and grew mobile postpaid subscriber revenues. Total broadband connections declined by 9,000 in Q3 while B2B broadband connections continued to record solid growth, with 6,000 added in the quarter.
In neighbouring Belgium, continued growth of Telenet’s FMC customer base in Q3 2022 was driven by continued uptake of “ONE(Up)” bundles as growth in the mobile customer base accelerated with 18,000 postpaid mobile net additions.
Switzerland’s Sunrise also reported a strong postpaid performance across all brands, achieving 42,000 net adds in the quarter. But broadband performance was flat as Sunsrise phases out the UPC brand.