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Liberty Global Schedules Investor Calls for First Quarter 2017 Results
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Old 25-04-2017, 00:29   #1
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Liberty Global Schedules Investor Calls for First Quarter 2017 Results

Liberty Global plc today announced plans to release its first quarter 2017 results on Sunday, May 7, 2017.

http://www.libertyglobal.com/pdf/pre...l-In-FINAL.pdf
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Old 25-04-2017, 00:53   #2
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

Liberty Global plc Earnings Conference Call Monday, May 08, 2017, 14:30 PM

http://edge.media-server.com/m/p/kmdrh5d8/lan/en
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Old 08-05-2017, 04:02   #3
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

Liberty Global Reports First Quarter 2017 Results

http://www.libertyglobal.com/pdf/pre...ease-FINAL.pdf

  • Total Q1 RGU Additions of 286,000 in Europe & LatAm, up 46% YoY
  • European Operating Income of $431 Million in Q1, Down 18% YoY
  • Q1 Rebased OCF Growth of 4% in Europe, reaching $1.6 Billion
  • Network & Product Investments to Underpin LiLAC's Future Growth
  • $1.0 Billion of LBTY Equity Repurchases & $20 Million at LiLAC
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Old 08-05-2017, 09:47   #4
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

How come income is down so much if there has been net additions and (presumably) price rises? Is that offset by investment?
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Old 08-05-2017, 10:31   #5
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

Here is the press release by Virgin which is a bit easier to read.

http://www.virginmedia.com/corporate...6-results.html
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Old 08-05-2017, 14:10   #6
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

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Originally Posted by Kushan View Post
How come income is down so much if there has been net additions and (presumably) price rises?
"This decline was primarily driven by the net impact of (i) the deconsolidation of our operations in the Netherlands in connection with the completion of our joint venture with Vodafone Group plc (the "VodafoneZiggo JV"), (ii) negative foreign exchange ("FX") movements, mainly related to the strengthening of the U.S. dollar against the British pound, and (iii) our organic revenue growth"
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Old 09-05-2017, 01:22   #7
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

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Originally Posted by denphone View Post
Here is the press release by Virgin which is a bit easier to read.

http://www.virginmedia.com/corporate...6-results.html
Wrong link Den, that's 2016

http://www.virginmedia.com/content/v...7-results.html

I caught the tail end of a discussion on R5 about this, all i caught was the 15% churn rate over the last year.
That's pretty big, anyone know what skys churn rate is?

They put it down to better offers from competitors/Netflix/Amazon , i expected them to mention pirate streams as it's all over the papers but they didn't.
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Old 09-05-2017, 01:50   #8
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

Interesting comments from Tom Mockridge on the investor call. He described the move to increase prices for a second time last year as "too aggressive" and referenced that they coincided with service issues including Tivo set-top-box performance and network congestion. As a result, the 'hangover' hurt Q1 performance, with retention deals impacting on ARPU and churn relatively high at 15%.
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Old 09-05-2017, 06:57   #9
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

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Originally Posted by johnathome View Post
Wrong link Den, that's 2016

http://www.virginmedia.com/content/v...7-results.html

I caught the tail end of a discussion on R5 about this, all i caught was the 15% churn rate over the last year.
That's pretty big, anyone know what skys churn rate is?

They put it down to better offers from competitors/Netflix/Amazon , i expected them to mention pirate streams as it's all over the papers but they didn't.
Sorry about that John but sadly from time to time my brain goes haywire and l end up doing totally the wrong thing.

---------- Post added at 05:57 ---------- Previous post was at 05:53 ----------

Quote:
Originally Posted by Inactive Digital View Post
Interesting comments from Tom Mockridge on the investor call. He described the move to increase prices for a second time last year as "too aggressive" and referenced that they coincided with service issues including Tivo set-top-box performance and network congestion. As a result, the 'hangover' hurt Q1 performance, with retention deals impacting on ARPU and churn relatively high at 15%.
Yes the churn is certainly higher then it has been for a while and perhaps they will think a bit more before they impose well over inflation busting price rises next time on Virgin customers.
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Old 09-05-2017, 11:24   #10
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

Sky had some crazy good offers on when Virgin last raised the prices, so I'm not surprised by the churn at all. Virgin were also less receptive than usual when it came to retention deals, at least from my own experience.
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Old 09-05-2017, 15:10   #11
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

Quote:
Originally Posted by johnathome View Post
Wrong link Den, that's 2016

http://www.virginmedia.com/content/v...7-results.html

I caught the tail end of a discussion on R5 about this, all i caught was the 15% churn rate over the last year.
That's pretty big, anyone know what skys churn rate is?

They put it down to better offers from competitors/Netflix/Amazon , i expected them to mention pirate streams as it's all over the papers but they didn't.
Sky's churn has increased to around 13.6 % I think , I noticed today they were selling Sky Q packages to new customers at 50% off. The sale ends in 3 days which highlights the competitive market.
http://www.sky.com/shop/sky-bundles/
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Old 09-05-2017, 15:41   #12
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

I'm surprised Sky's churn is that high, I assumed all of Virgin's leaving customers were going to Sky.

Guess paid TV is finally starting to die off.
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Old 09-05-2017, 17:20   #13
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

Quote:
Originally Posted by Kushan View Post
I'm surprised Sky's churn is that high, I assumed all of Virgin's leaving customers were going to Sky.
Churn is customers leaving. It tells you nothing about the numbers arriving.

VM's TV acquisitions are at a 10 year high. I think this probably just tells us that people are more willing to move provider these days.
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Old 09-05-2017, 20:14   #14
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Re: Liberty Global Schedules Investor Calls for First Quarter 2017 Results

Quite possibly, I just remember Sky having a much better offering at the time. Then again, I know more people happy to take TV from BT and TalkTalk because they "don't really watch it that much".
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