Virgin Media O2 will publish its Q2 2024 financial results on 26th July 2024

Q1 2024 financial results

5.8m

Fixed Line customers

(↓ 2,000 in Q1)

45.1m

Total Mobile connections

(↑ 222,100 in Q1)

£2,589m

Revenue

(↓ 0.5% in YoY)

£935m

Adjusted EBITDA

(↓ 1.4% YoY)

 

 

O2 Recycle now covers consoles, in addition to mobiles, tablets and other devices

"While there is much to do in the remainder of the year, we are gathering momentum in accelerating fibre build and marketing the nexfibre footprint, launching new services to enhance and improve customer experience, and progressing wider IT efficiency programmes as we continue our digital transformation.

Ahead of price rise implementation, we delivered improved service revenue growth across both mobile and consumer fixed. Our teams also continue to innovate as shown by the targeted launch of 5G Standalone and a new 2Gbps broadband service on the nexfibre network in Q1, highlighting the future evolution of our networks as demand rises and new technologies emerge.

Our performance in Q1 sets the foundations for our full year guidance as we make key investments to support future growth."

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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