Company: LBTYK
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001570585-25-000183
Chunk: 128

Company: Liberty Global Ltd.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 128
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•Decreases in costs of $13.7 million and $31.8 million, respectively, related to lower sales of CPE to the VodafoneZiggo JV;

•Decreases in costs of $3.0 million and $25.9 million, respectively, related to lower sales of CPE to the VMO2 JV;

•Increases in programming and copyright costs of $3.8 million or 2.9% and $17.0 million or 6.0%, respectively, primarily attributable to higher costs for certain content at Telenet; 

•Decreases in interconnect and access costs of $5.4 million or 19.5% and $9.7 million or 18.4%, respectively, primarily due to lower interconnect and mobile roaming costs at Telenet; and 

•Decreases in mobile handset and other device costs of $2.9 million or 9.9% and $6.9 million or 11.0%, respectively, primarily due to lower sales volumes at Telenet.

63

Other operating expenses

Other operating expenses include network operations, customer operations, customer care, share-based compensation and other costs related to our operations. We do not include share-based compensation in the following discussion and analysis of the other operating expenses of our consolidated reportable segments as share-based compensation expense is not included in the performance measures of our consolidated reportable segments. Share-based compensation expense is separately discussed further below.

The details of our other operating expenses are as follows:

 Three months endedJune 30,Increase (decrease)Organic increase 20252024$%$% in millions, except percentagesTelenet$140.6 $126.4 $14.2 11.2 $7.0 5.5 VM Ireland34.3 31.7 2.6 8.2 $0.8 2.5 Total consolidated reportable segments174.9 158.1 16.8 10.6 Plus: all other category44.5 26.8 17.7 66.0 Less: elimination of intercompany consolidated other operating expenses(10.3)(7.9)(2.4)N.M.Total consolidated (excluding share-based compensation expense)209.1 177.0 32.1 18.1 $10.6 5.7 Share-based compensation expense3.5 4.8