Liberty Global Plc Stock Price, News & Analysis

Liberty Global plc (NASDAQ: LBTYA, LBTYB, LBTYK) will present at the New Street Research Fiber to the Future Conference on March 28, 2023, at 11:15 am EDT. The presentation will cover the company's historical operating performance and outlook and will be webcast live on www.libertyglobal.com. Liberty Global provides over 86 million connections across Europe and the UK, generating annual revenues exceeding $7 billion. The company operates major brands such as Virgin Media and VodafoneZiggo and has a global investment arm with a portfolio of over 75 companies. The webcast will be archived for 30 days.

Liberty Global reported its Q4 2022 results, achieving all guidance targets and exceeding Full Company Distributable Cash Flow guidance with $1.6 billion, a 17% YoY growth. The company saw a net addition of 197,000 broadband and postpaid mobile subscribers in Q4. Despite challenges from high energy and labor costs, Liberty maintained strong operating margins and liquidity of over $6 billion. The firm has committed to a 10% share buyback in 2023, having repurchased 14% of shares in 2022. Notably, adjusted EBITDA declined by 13.4% YoY, highlighting ongoing pressures. Overall revenue grew 0.8% on a rebased basis, with strategic advancements in network infrastructure.

Liberty Global announced the acquisition of 1,335 million shares in Vodafone, representing 4.92% of its outstanding capital, for about £225 million. This investment, termed an 'opportunistic and financial investment' by CEO Mike Fries, is primarily funded through non-recourse financing. Liberty Global's portfolio includes over 75 companies in various sectors, and it does not plan to seek board representation at Vodafone. The company emphasized that its capital will be replenished through the sale of non-core assets. No regulatory approvals are required for this transaction and Liberty Global has no intention of making a formal offer for Vodafone.

Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) will announce its full-year 2022 results on February 22, 2023, with an investor call scheduled for February 23, 2023 at 09:30 a.m. ET. This call will cover the results and may include forward-looking information. The event will be available via a listen-only webcast on the Liberty Global website, which will also host an archived version for 75 days. Liberty Global is a leader in broadband, video, and mobile services, providing over 86 million connections across Europe and the UK.

Liberty Global reported its Q3 2022 financial results, demonstrating resilience amidst macroeconomic challenges. Key highlights include a solid growth in Adjusted EBITDA at VMO2, VodafoneZiggo, and Telenet, alongside 186,000 new broadband and postpaid mobile subscribers. The company maintained stable revenues in key markets like Switzerland, Belgium, and the Netherlands, attributed to strategic price adjustments. Liberty Global also announced a $1.7 billion share repurchase plan for 2022, reiterating its commitment to a 10% buyback floor for 2023, reaffirming all guidance metrics for the year.

Liberty Global plc (NASDAQ: LBTYA, LBTYB, LBTYK) will present at the Morgan Stanley European Technology, Media & Telecom Conference on November 16, 2022, at 10:40 a.m. CET in Barcelona, Spain. The presentation will cover historical performance and future outlook, available via live webcast on their website. Liberty Global serves over 86 million fixed and mobile connections across Europe and the UK, generating annual revenue exceeding $7.5 billion.

Liberty Global plans to announce its Q3 2022 results on November 1, 2022, followed by an Investor Call on November 2, 2022, at 09:00 a.m. ET. Interested participants should dial in 15 minutes early. The call will discuss the company's results and may include forward-looking information. A webcast and investor presentation summary will be available on the company's website.

Liberty Global currently operates in Europe and the U.K., generating over $7.5 billion in revenue annually.

DigitalBridge Group has announced the acquisition of Telenet’s mobile telecommunications tower business in Belgium for €745 million (about $820 million). This all-cash deal, funded by a mix of debt and equity, enables DigitalBridge to own 100% of Telenet’s passive infrastructure, comprising 3,322 sites. The acquisition is expected to strengthen DigitalBridge's position in the market, catering to rising 5G deployment needs. A 15-year Master Lease Agreement ensures stable cash flows, while an anticipated closing in Q2 2022 boosts growth prospects for both companies.

Inseego Corp (Nasdaq: INSG) has announced the launch of its 5G MiFi® M2000 mobile hotspot in partnership with Sunrise UPC, enhancing connectivity for their customers across Switzerland. This device supports 5G and advanced 4G LTE, allowing reliable internet access for up to 30 devices simultaneously. The hotspot delivers gigabit-plus data speeds and is designed for various applications, including tourism and healthcare. Inseego's innovative solutions continue to meet the growing demand for high-performance 5G products, reaffirming their leadership in smart device-to-cloud solutions.