---
schema_version: "secwatch.filing_event.v1"
accession: "0001570585-23-000358"
form_type: "8-K"
ticker: "LBTYA"
cik: "0001570585"
company_name: "Liberty Global Ltd."
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:08:19.402638+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Telenet H1 2023 net loss €12M; broadband and mobile postpaid lose subscribers in Q2

## Summary
- Revenue €1,406.9M (+9% reported, +2% rebased); net loss €12.0M vs €793.4M profit H1 2022 due to prior year gain on mobile infrastructure sale.
- Adjusted EBITDAaL €619.1M (+1% reported, +3% rebased); Adjusted FCF €102.5M (-39% YoY).
- Broadband net loss of 5,000 RGUs and mobile postpaid net loss of 5,400 in Q2; FMC subscribers up 6% YoY to 839,900.
- Wyre (NetCo) partnership with Fluvius closed July 1; Liberty Global takeover bid increased ownership to 93.23%.
- FY 2023 guidance reaffirmed: broadly stable rebased Adjusted EBITDAaL and Adjusted Free Cash Flow around €250M.

## SEC filing metadata
- accession: 0001570585-23-000358
- form_type: 8-K
- ticker: LBTYA
- cik: 0001570585
- company_name: Liberty Global Ltd.
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1570585/000157058523000358/0001570585-23-000358-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1570585/000157058523000358/lbtya-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001570585-23-000358
- JSON: https://secwatch.observer/filing/0001570585-23-000358.json
- Plain text: https://secwatch.observer/filing/0001570585-23-000358.txt

## Key facts
- Earnings Releases
  Liberty Global Ltd. reported the six months ended June 30, 2023 results: revenue €1,406.9 million, net income €(12.0) million, EPS €(0.10) per diluted share. Guidance reaffirmed.
  - Period: the six months ended June 30, 2023
  - Revenue: €1,406.9 million
  - Net income: €(12.0) million
  - EPS: €(0.10) per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: preferences. • Continued FMC growth, reaching 839,900 FMC subscribers at June 30, 2023, up 6% year-on-year and adding 5,500 net new FMC subscribers in Q2 2023. • Revenue of €1,406.9 million in H1 2023, up 9% and 2% year-on-year on a reported and rebased (1) basis, respectively, driven by higher subscription and business services revenue. Top line growth in Q2 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1570585/000157058523000358/0001570585-23-000358-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.