Company: LBTYK
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001570585-25-000183
Chunk: 8

Company: Liberty Global Ltd.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 2
Chunk 8
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6 (33.0)90.3 (45.3)Impairment, restructuring and other operating items, net5.5 4.5 3.8 38.1 Depreciation and amortization250.8 282.7 483.0 505.4 Share-based compensation expense49.4 43.4 82.8 82.4 Total consolidated Adjusted EBITDA$335.3 $297.6 $659.9 $580.6 

55

Revenue of our Reportable Segments

General. While not specifically discussed in the below explanations of the changes in the revenue of our reportable segments, we are experiencing competition in all of our markets. This competition has an adverse impact on our ability to increase or 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 endedJune 30,Increase (decrease)Organic increase (decrease) 20252024$%$% in millions, except percentagesTelenet$801.0 $755.1 $45.9 6.1 $4.8 0.6 VM Ireland122.8 120.0 2.8 2.3 $(3.6)(3.0)Total consolidated reportable segments923.8 875.1 48.7 5.6 Plus: all other category383.4 255.6 127.8 50.0 Less: elimination of intercompany consolidated revenue(38.1)(72.8)34.7 N.M.Total consolidated$1,269.1 $1,057.9 $211.2 20.0 $(14.5)(1.2)VMO2 JV$3,373.5 $3,375.4 $(1.9)(0.1)VodafoneZiggo JV$