Saturday, 22 July 2017

Liberty Global cuts outlook after 'soft' Q1 in Europe

By Nick Wood, Total Telecom
Monday 08 May 17

Revenue at U.S.-based cable group's European ops falls 17.9% on forex losses, poor performance in U.K.

Liberty Global has lowered its full-year outlook after its European business got off to a poor start to 2017. Revenue in Europe for the three months to 31 March fell 17.9% year-on-year to $3.52 billion (€3.21 billion), driven by foreign exchange losses…

Liberty Global has lowered its full-year outlook after its European business got off to a poor start to 2017. Revenue in Europe for the three months to 31 March fell 17.9% year-on-year to $3.52 billion (€3.21 billion), driven by foreign exchange losses…

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