Liberty Global reports Q3 adjusted EBITDA $1.17B, flat y/y

Reports Q3 revenue $3.51B, up 0.3% year-over-year. CEO Mike Fries stated, “It was a solid quarter for our telco business operationally with sequential improvement across all markets in aggregate mobile postpaid and broadband net adds in Q3, as we begin seeing the benefits of the AI and digital tools that we’re deploying to enhance the customer experience. Our fiber deployments are scaling effectively as we ramp our nexfibre and Fibre Up efforts in the U.K. along with Wyre’s FTTH build across Flanders.”