Monday, 24 July 2017

Liberty Global Q2 revenue surges 11%

By Nick Wood, Total Telecom
Friday 05 August 16

Cable group's top line boosted by growth in Belgium, Germany, addition of Cable & Wireless.

Liberty Global late on Thursday reported an 11.1% rise in second-quarter revenue, thanks to a strong showing in Belgium and Germany, and the contribution of recently-acquired Cable & Wireless Communications (CWC). In the three months to 30 June, the U.S.-based cable group generated revenue of $5.07 billion, up from $4.57 billion a year ago. Operating income fell to $487…

Liberty Global late on Thursday reported an 11.1% rise in second-quarter revenue, thanks to a strong showing in Belgium and Germany, and the contribution of recently-acquired Cable & Wireless Communications (CWC). In the three months to 30 June, the U.S.-based cable group generated revenue of $5.07 billion, up from $4.57 billion a year ago. Operating income fell to $487…

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