Home › Liberty Global starts USD 1 bln share buyback plan amid lower Q4, with continued customer losses
 

Keywords :   


Liberty Global starts USD 1 bln share buyback plan amid lower Q4, with continued customer losses

2020-02-14 09:24:00| Telecompaper Headlines

(Telecompaper) Liberty Global said revenues for the fourth quarter slid 0.5 percent to USD 2.982 billion, pulled down by contractions in Switzerland, Belgium and UK/Ireland. Mobile revenue increased 5.2 percent to USD 429.9 million but was not able to offset cable revenue falling 0.9 percent to USD 1.902 billion. The operating cash flow (OCF) declined a bit over 4 percent to USD 1.273 billion with OFCF (OCF after tax) down 18.2 percent to USD 433.4 million. The operating profit meanwhile increased 11.2 percent to USD 282.5 million. For the full year, revenues dipped 0.6 percent lower to USD 11.541 billion, with OCF off 3.1 percent to USD 4.859 billion, OFCF up 34.5 percent to USD 1.979 billion and the operating profit going 11.2 percent lower to USD 745.5 million.

Tags: plan share customer global

Category:Telecommunications

Latest from this category

All news
28.01Effective Housekeeping With Rackspace Managed Snapshot Cleanup
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
31.01Plan ahead and dress wisely: How to minimise add-on costs when you fly
31.01Phone lines stay open as tax return deadline looms
31.01Phone lines stay open as tax return deadline looms
30.01Labubu to open seven UK shops, after PM's China visit
30.01Will Trump's pick to lead US central bank get him the change he wants?
30.01Will Trump's pick to lead US central bank get him the change he wants?
30.01Grilled to Perfection Recipes Due by April 1
30.01The Poet
More »