Q1 2022 financial results

5.8m

Fixed Line customers

(↓ 8,000)

42.7m

Total Mobile connections

(↑ 478,000)

£2,508m

Transaction Adjusted Revenue

(↓ 0.1% YoY)

£932m

Transaction Adjusted EBITDA

(↑ 2.6% YoY)

Stream brings together favourite entertainment subscriptions and free TV channels under one roof and at great value, underpinned by unparalleled connectivity

The first quarter has seen us remain focused on delivering and innovating to pave the way for the rest of the year. We have started to ramp up network investments while improving our products and services with big challenger decisions like not reintroducing EU roaming fees. The delivery of fixed and mobile price rises will also support revenue growth and allow continued investment as connectivity demand continues to increase.

We’re pushing ahead into Q2 with the launch of Stream, our new IP-based TV proposition which evolves traditional TV bundles and offers our broadband customers a flexible and innovative way to get their entertainment whilst offering significant additional value. With Q1 showing solid financial foundations from a stabilising top line and improved profitability, we remain on track to meet our 2022 guidance.

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

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