Company: LBTYK
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001570585-25-000183
Chunk: 16

Company: Liberty Global Ltd.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 2
Chunk 16
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 increased $211.2 million or 20.0%  and $291.1 million or 13.5% during the three and six months ended June 30, 2025, as compared to the corresponding periods in 2024. These increases include increases of $114.4 million and $198.9 million, respectively, attributable to the impact of the Formula E Acquisition and increases of $51.7 million and $101.3 million, respectively, attributable to the Sunrise Services provided in connection with the Spin-off. On an organic basis, our consolidated revenue decreased $14.5 million or 1.2% and $28.8 million or 1.2%, respectively.

Residential revenue. The details of the changes in our consolidated residential revenue during the three and six months ended June 30, 2025, as compared to the corresponding periods in 2024, are as follows (in millions):

Three-month periodSix-month periodin millionsIncrease (decrease) in residential fixed subscription revenue due to change in:Average number of customers$(9.0)$(19.1)ARPU9.8 19.2 Increase in residential fixed non-subscription revenue0.8 3.1 Total increase in residential fixed revenue1.6 3.2 Decrease in residential mobile subscription revenue(2.4)(4.9)Decrease in residential mobile non-subscription revenue(7.0)(15.9)Total organic decrease in residential revenue(7.8)(17.6)Impact of FX31.3 13.3 Total increase (decrease) in residential revenue$23.5 $(4.3)

On an organic basis, our consolidated residential mobile non-subscription revenue decreased $7.0 million or 16.4% and $15.9 million or 17.9% during the three and six months ended June 30, 2025, respectively, as compared to the corresponding periods in 2024, primarily due to decreases at Telenet. 

B2B revenue. On an organic basis, our consolidated B2B non-subscription revenue increased $3.1 million or 3.0% and $9.5 million or 4.6% during the three and six months ended June 30, 2025, respectively, as compared to the corresponding periods in 2024, primarily due to increases at Telenet.

Other revenue. On an organic basis, our