Q2 2023 financial results

5.8m

Fixed Line customers

(↓ 24,700 in Q2)

44m

Total Mobile connections

(↓ 991,300 in Q2)

£2,713m

Transaction Adjusted Revenue

(↑ 6.2% YoY)

£1,017m

Transaction Adjusted EBITDA

(↑ 4.6% YoY)

 

More than 1.5 million customers now take our lead convergence proposition, Volt

"As we navigate a tough economic climate, we have a clear long-term strategy and continue to deliver for customers.

Amidst higher costs, rising usage and continued investment, we executed necessary price increases in line with our expectations with the impact starting to flow through to our Q2 revenue and EBITDA growth.

Demand for our award-winning connectivity remains, and our significant network investments and service improvements ensure we can meet all customer needs today while preparing for the decades ahead.

For the remainder of the year we are focused on building commercial momentum, realising the synergies of the Joint Venture and future proofing our networks."

Lutz Schüler - Chief Executive Officer

Investor information

For further investor information please visit the investor websites of Liberty Global and Telefónica.

8-K form Liberty Global investor site Telefónica investor site

Investor Relations contacts

Virgin Media O2

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