Liberty Global plc (NASDAQ: LBTYA, LBTYB, LBTYK, LILA and LILAK) has announced financial and operating results for the three months and six months ended June 30, 2017 for the Liberty Global Group and the LiLAC Group, the company said.
The company closed the acquisition of SFR in Belgium in mid-June, adding 91,000 customers.
German analog switch-off successfully finalized in early July with limited video churn.
Operating income decreased 5% year-over-year, and rebased OCF growth of 6% with improved sequential growth from nearly all segments.
Liberty Global is the world´s largest international TV and broadband company, with operations in more than 30 countries across Europe, Latin America and the Caribbean.
The Liberty Global Group operates in 12 European countries under the consumer brands Virgin Media, Unitymedia, Telenet and UPC. The Liberty Global Group also owns 50% of VodafoneZiggo, a Dutch joint venture, which has 4 million customers, 10 million fixed-line subscribers and 5 million mobile subscribers. The LiLAC Group operates in over 20 countries in Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, MÃ¡s MÃ³vil and BTC. In addition, the LiLAC Group operates a sub-sea fiber network throughout the region connecting over 40 markets.