Liberty Global to Sell Slovakia Operations to O2 Slovakia

Key Terms

adjusted ebitda financial

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

p&e additions financial

Additions to property and equipment are the new physical assets a company buys or builds—like factories, machines, vehicles, or office furniture—that get recorded on the balance sheet instead of expensed immediately. For investors, this shows how much a business is investing in its long‑term capacity and growth (similar to a homeowner making renovations); rising additions can signal expansion, while falling additions may indicate cost cutting or reduced future production.

gbps technical

Gbps stands for gigabits per second, a measure of how much digital data can move through a network link each second. For investors, it’s a straightforward way to gauge a company’s ability to handle online traffic—like comparing highway lanes: higher Gbps means more cars (data) can flow with less congestion, which matters for telecoms, cloud providers and any business whose value depends on fast, reliable data transfer.

DENVER, Colorado--(BUSINESS WIRE)-- Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) has reached an agreement to sell UPC Slovakia to O2 Slovakia, an affiliate of e&PPF Telecom, for a total transaction value of approximately €95 million ($110 million).

The sale price represents a multiple of approximately 7x UPC Slovakia’s estimated 2025 Adjusted EBITDA*, or approximately 15x UPC Slovakia’s estimated 2025 Adjusted EBITDA less P&E Additions*. Closing of the transaction remains subject to regulatory approval and customary closing conditions.

UPC Slovakia is one of the largest providers of TV, broadband and telephony services in the Slovak Republic, serving more than 600,000 households in 80 cities with internet speeds of up to 2.5 Gbps.

ABOUT LIBERTY GLOBAL

Liberty Global Ltd. (Nasdaq: LBTYA, LBTYB, LBTYK) delivers long-term shareholder value through the strategic management of three complementary platforms: Liberty Telecom, Liberty Growth, and Liberty Services.

Liberty Telecom is a world leader in converged broadband, video, and mobile communications, providing more than 80 million fixed and mobile connections across Europe through advanced fiber and 5G networks that empower customers and strengthen national economies. The business generates aggregate revenue of approximately $21.6 billion, including $18 billion from non-consolidated joint ventures and $3.6 billion from consolidated operations.

Liberty Growth invests in scalable businesses across the technology, media, sports, and infrastructure sectors, with a portfolio of roughly 70 companies valued at $3.4 billion.**

Liberty Services delivers innovative technology, operational, and financial services to both Liberty affiliated companies and third parties, generating approximately $600 million in annual revenue.***

Together, these platforms position Liberty Global as a leading international converged connectivity and investment company focused on creating sustainable, long-term value for shareholders.

* Please refer to the definitions included in our most recent earnings release, which can be found on our investor relations page. Quantitative reconciliations to net earnings/loss for UPC Slovakia Adjusted EBITDA and Adjusted EBITDA less P&E Additions cannot be provided without unreasonable efforts as we do not forecast certain non-cash charges, including the components of non-operating income/expense, depreciation and amortization, and impairment, restructuring and other operating items included in net earnings/loss from continuing operations. The items we do not forecast may vary significantly from period to period.
** As independently valued as of September 30, 2025.
*** Represents full year 2024 revenue of Liberty Services, substantially all of which is derived from our consolidated businesses and nonconsolidated joint ventures.

For more information, please visit www.libertyglobal.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251217214181/en/

Investor Relations

Michael Bishop +44 20 8483 6246



Corporate Communications

mediarelations@libertyglobal.com

Source: Liberty Global