Fixed Line customers
(↓ 51,300 in Q2)
Total Mobile connections
(↑ 480,200 in Q2)
Revenue
(↓ 0.4% YoY excluding handset and nexfibre construction)
Adjusted EBITDA
(↑ 1.1% YoY excluding nexfibre construction)
Virgin Media O2 to acquire 78.8 MHz of spectrum
"Against a tough trading environment, we have continued to be disciplined delivering growth in profitability which means we are reconfirming our guidance for the year.
Lutz Schüler - Chief Executive Officer
We are carefully balancing volume and value through a multi-brand strategy in both fixed and mobile, underpinned by a continued improvement in customer service and one of the country’s best loyalty programmes with Priority from O2. In B2B, our new company with Daisy Group has received all relevant approvals and is now ready to go with an imminent launch, creating a dedicated entity with the scale, focus and expertise to deliver a great service for British businesses and drive long-term enterprise growth for Virgin Media O2.
Our significant network investments are continuing, as we leverage our scaled gigabit broadband network today and rollout fibre for future, and on the mobile side we continue to boost our network across the country, expand 5G Standalone to more areas and have announced a significant spectrum acquisition that will materially enhance our network performance in future, further improving customer experience."
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