Successful Sunrise Spin-Off
The tax-free spin-off of Sunrise in November continues to trade well in the Swiss market, significantly increasing its valuation from 5.5 times EBITDA as part of Liberty Global to over 8 times EBITDA as a standalone company.
Strong Cash Position and Strategic Asset Sales
Liberty Global has $2.1 billion in cash and plans $500 million to $750 million of asset sales this year to support strategic initiatives.
Growth in Fixed ARPU
Despite competitive pressures, Liberty Global achieved strong fixed ARPU growth across several markets, driven by price increases and commercial initiatives.
Positive Performance in Belgium and Ireland
Telenet in Belgium reported a revenue increase of 2.7%, while Virgin Media Ireland showed improvements in customer churn and wholesale growth.
Formula E Growth
Formula E continues to gain popularity, with record viewership and new marketing initiatives leading to a $200 million increase in the portfolio's fair market value.