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Liberty Global second quarter 2018 results
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Old 06-08-2018, 23:02   #1
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Liberty Global second quarter 2018 results

Liberty Global has announced plans to release its second quarter 2018 results on Wednesday, August 8, 2018 after Nasdaq market close.

https://www.libertyglobal.com/libert...-2018-results/

Media Boy think the results will be good to see if Virgin Media are winning the war against the UKTV Cry babies.
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Old 07-08-2018, 07:46   #2
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Re: Liberty Global second quarter 2018 results

As the results are for Q2 and the UKTV thing happened in Q3 it’ll bear no relevance on these results
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Old 07-08-2018, 08:07   #3
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Re: Liberty Global second quarter 2018 results

The UKTV issue will have no impact on the Q2 results what so ever.
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Old 07-08-2018, 09:03   #4
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Re: Liberty Global second quarter 2018 results

Quote:
Originally Posted by Media Boy View Post

Media Boy think the results will be good to see if Virgin Media are winning the war against the UKTV Cry babies.
It will have no impact what so ever on Q2 try again in Q3
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Old 08-08-2018, 22:01   #5
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Re: Liberty Global second quarter 2018 results

A record second quarter for Virgin Media. Read the press release here:

https://www.libertyglobal.com/invest...ings-releases/
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Old 09-08-2018, 07:54   #6
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Re: Liberty Global second quarter 2018 results

Quote:
Originally Posted by Media Boy View Post
A record second quarter for Virgin Media. Read the press release here:

https://www.libertyglobal.com/invest...ings-releases/
The next quarter will be interesting ....
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Old 09-08-2018, 08:00   #7
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Re: Liberty Global second quarter 2018 results

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Originally Posted by Mr K View Post
The next quarter will be interesting ....
It won't be as interesting as you think Mr K.
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Old 09-08-2018, 09:34   #8
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Re: Liberty Global second quarter 2018 results

Leading broadband operator Virgin Media grew revenue 4.1 per cent in the second quarter of the year as it added 112,000 revenue generating units in the quarter, as well as 118,000 superfast lightning connections to UK premises

Revenue reached £1.26bn, boosted by residential cable revenue growth of 2.4 per cent in quarter to due to higher subscription revenue.

Mobile subscription revenue took a 1.2 per cent hit in the period due to lower bundle usage, which Virgin Media said was partly driven by regulatory changes.

However, operating income sank 17.4 per cent year on year to £58.3m as growth was off-set by higher related-party fees.

http://www.cityam.com/290508/virgin-...adds-lightning
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Old 10-08-2018, 12:02   #9
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Re: Liberty Global second quarter 2018 results

Mike Fries on Q2 2018 Results..

https://seekingalpha.com/article/419...pt?part=single
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Old 11-08-2018, 00:07   #10
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Re: Liberty Global second quarter 2018 results

It looks like they're not wanting to expand their network so fast.

I would imagine Openreach probably site-scraped all the expansion areas off of Virgin Media's cablemystreet site, so as to call up, make minor account changes, and lock people living in those areas into new 18 month contracts, making it financially un-viable for VM to expand there, while they (Openreach) upgrade the most lucrative of those areas to FTTP themselves and the rest to VDSL2.

If I were VM, I'd not want to waste the original expansion planning that was done, but sit out the 18 months as much as possible while sticking to those plans (the work has been done) but just doing it later on and not revealing to anyone which parts are being done first, this time.
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Old 11-08-2018, 20:28   #11
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Re: Liberty Global second quarter 2018 results

Quote:
Originally Posted by Onramp View Post
It looks like they're not wanting to expand their network so fast.

I would imagine Openreach probably site-scraped all the expansion areas off of Virgin Media's cablemystreet site, so as to call up, make minor account changes, and lock people living in those areas into new 18 month contracts, making it financially un-viable for VM to expand there, while they (Openreach) upgrade the most lucrative of those areas to FTTP themselves and the rest to VDSL2.

If I were VM, I'd not want to waste the original expansion planning that was done, but sit out the 18 months as much as possible while sticking to those plans (the work has been done) but just doing it later on and not revealing to anyone which parts are being done first, this time.
Keep drinking the cool aid. Never read so much drivel.

Open reach's actions, or anyone else's actions has no bearing whatsoever on VM lightning strategy.
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Old 11-08-2018, 22:22   #12
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Re: Liberty Global second quarter 2018 results

Well, they're not going to get to 4 million new homes by the end of next year, which was their original plan, so I agree with the view that they're not really interested in expanding their network now. The reason, I believe, is they don't want to spend the money.

I think Liberty is treading water now. It's sold off some of its companies to Vodafone and its looking to offload the rest as soon as the right opportunity presents itself. Owner John Malone is well into his eighties now and is starting to retire from his various roles, so once he goes, so will his empire.
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Old 12-08-2018, 00:58   #13
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Re: Liberty Global second quarter 2018 results

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Well, they're not going to get to 4 million new homes by the end of next year, which was their original plan, so I agree with the view that they're not really interested in expanding their network now. The reason, I believe, is they don't want to spend the money.
They might not reach their target in time (or ever), but there is no evidence to suggest that they're not interested in expanding the network. They added 118,000 marketable premises in Q2 and 1.3 million premises since launch.


"But I think from where we sit today this is a steady pace, and one that ensures we're driving the lowest cost per premise and attacking and penetrating the most attractive areas of the market. And that's going to continue.

So I think it's steady as she goes, and I don't see a material change one way or the other. It's a great use of capital for us. It's driving significant returns, it's driving growth, it's driving EBITDA. So we don't see that changing."

Quote:
I think Liberty is treading water now. It's sold off some of its companies to Vodafone and its looking to offload the rest as soon as the right opportunity presents itself. Owner John Malone is well into his eighties now and is starting to retire from his various roles, so once he goes, so will his empire.
After the sale to Vodafone (and the sale to T-Mobile in Austria), Liberty Global will continue to be the leading cable TV and broadband provider in Europe. With around €10bn in cash to inject into the remaining businesses, the deal (if approved) has sparked speculation that Liberty Global may consider buying ITV or a UK mobile operator such as O2 as it focuses its attention on the lucrative UK market.

Malone is not well into his eighties, he's 77. Other than his voting shares in Liberty Global, how his empire is eventually split up is of little concern. Malone has given CEO Michael Fries first right of refusal and the right of last offer to purchase his 27.5 percent voting stake in Liberty Global.
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Old 12-08-2018, 02:01   #14
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Re: Liberty Global second quarter 2018 results

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Keep drinking the cool aid. Never read so much drivel.

Open reach's actions, or anyone else's actions has no bearing whatsoever on VM lightning strategy.
Well, if you're sure... you might have a better source than me - I'm just speculating, after all.
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Old 12-08-2018, 11:03   #15
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Re: Liberty Global second quarter 2018 results

My particular area was in the plans and now by all accounts isn’t, and there are probably many others that were planned but have now been scrapped.

They were careful with the wording in general from the start by saying “we’re aiming to” and “connecting up to” 4 million. They never had to commit to actually reaching that figure.
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