Company: LBTYK
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001570585-25-000021
Chunk: 34

Company: Liberty Global Ltd.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1
Chunk 34
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 our cable networks, as well as via Sky’s apps and online players and other television platforms, and some of the channels are available on BT and TalkTalk platforms. The VMO2 JV distributes several basic and premium video channels supplied by Sky. BT is also both a principal competitor and an important supplier of content to the VMO2 JV. In 2023, BT formed a joint venture with Warner Bros. Discovery and launched TNT Sports, which replaced BT Sport and combined the partners’ content portfolios, including the 2024 Olympic Games, the English Champion’s League, UEFA Europa League and other live sports. TNT Sports is available on the VMO2 JV’s cable network as well as its competitors’ networks. The VMO2 JV is expanding its broadband network and actively promoting its 4K and HDR ready boxes running on its Horizon 5 platform (marketed as “Virgin TV360”) as well as its online streaming service, Virgin TV Go. Customers also have access to an entertainment service, ‘Stream’, which is an all-in-one streaming box, combining television channels and aggregating third-party subscription services such as Sky Sports, Netflix and Disney+. Stream provides personalized viewing recommendations and allows customers to customize their subscription mix, billed through a single account. 

The VodafoneZiggo JV competes with KPN in video distribution, offering similar services like IPTV, VoD, DVR, replay and HD channels. KPN also bundles these video services, creating a competitive market for VodafoneZiggo’s offerings. Ziggo Sport, the VodafoneZiggo JV’s sports channel, acquired the exclusive media rights to the UEFA Champions League, the UEFA Europa League and the UEFA Europa Conference League until 2027, bringing the most important European club competitions under one roof for the first time. All games with Dutch teams participating, as well as final games of the leagues, are available exclusively on the Ziggo Sport Free app, which is distributed to customers and non-customers, increasing potential sales to non-customers.

I-19

Mobile and Telephony Services 

    In Belgium, as a major MNO, we are one of the largest mobile providers by subscriptions count. The same applies to the VodafoneZiggo JV in the Netherlands. We also substantially expanded our U.K. mobile business through the VMO2 JV. In the markets where we are an MNO, we continue to deploy additional bandwidth and look to acquire additional spectrum to deliver our wide range of services to our customers and expand our 4G