Company: LBTYK
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001570585-25-000114
Chunk: 8

Company: Liberty Global Ltd.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 2
Chunk 8
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 maintain our total number of customers and/or our ARPU. 

Variances in the subscription revenue that we receive from our customers are a function of (i) changes in the number of our fixed-line customers or mobile subscribers outstanding during the period and (ii) changes in ARPU. Changes in ARPU can be attributable to (a) changes in prices, (b) changes in bundling or promotional discounts, (c) changes in the tier of services selected, (d) variances in subscriber usage patterns and (e) the overall mix of fixed and mobile products within a segment during the period. 

 Three months endedMarch 31,Increase (decrease)Organic increase (decrease) 20252024$%$% in millions, except percentagesTelenet$759.7 $762.6 $(2.9)(0.4)$20.4 2.7 VM Ireland115.8 123.0 (7.2)(5.9)(3.6)(2.9)Total consolidated reportable segments875.5 885.6 (10.1)(1.1)Plus: all other category331.1 269.8 61.3 22.7 Less: elimination of intercompany consolidated revenue(35.4)(64.1)28.7 N.M.Total consolidated$1,171.2 $1,091.3 $79.9 7.3 $(14.5)(1.2)VMO2 JV$3,126.3 $3,282.8 $(156.5)(4.8)VodafoneZiggo JV$1,052.0 $1,114.0 $(62.0)(5.6)

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N.M. — Not Meaningful.

54

Telenet. The details of the decrease in Telenet’s revenue during the three months ended March 31, 2025, as compared to the corresponding period in 2024, are set forth below: 

Subscription revenueNon-subscriptionrevenueTotalin millionsIncrease (decrease) in residential fixed subscription revenue due to change in:Average number of customers$(7.4)$— $(7.4)ARPU10.3 — 10.3 Increase in residential fixed non-subscription revenue— 2.6 2.6 Total increase in residential fixed revenue2.9 2.6 5.