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The latest update is out from Liberty Global A ( (LBTYA) ).
Telenet, a telecom company, reported its preliminary Q4 2024 financial results, noting improvements in broadband net additions and FMC growth despite a slight contraction in its mobile postpaid subscriber base. The company plans significant investments in 5G, video platforms, and digital capabilities in 2025, alongside a major investment in their partnership with Wyre, aiming to enhance its fiber network and achieve substantial FTTH penetration by 2030. Financially, Telenet’s revenue and adjusted EBITDAaL for FY 2024 remained stable, with a minor contraction due to market challenges, while its net loss in Q4 2024 was significantly reduced compared to the previous year. The company secured a €500 million capex facility for Wyre to support its ambitious infrastructure roll-out plans.
More about Liberty Global A
YTD Price Performance: -15.93%
Average Trading Volume: 2,192,931
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.99B
For detailed information about LBTYA stock, go to TipRanks’ Stock Analysis page.
