Business
Liberty Global to Sell Slovakia Operations to O2 Slovakia
DENVER, Colorado--(BUSINESS WIRE)-- Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) has reached an agreement to sell UPC Slovakia to O2 Slovakia, an
About this update from Liberty Global Ltd.
[{"type":"text","content":" DENVER, Colorado--(BUSINESS WIRE)--\nLiberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) has reached an agreement to sell UPC Slovakia to O2 Slovakia, an affiliate of e&PPF Telecom, for a total transaction value of approximately €95 million ($110 million).\n\nThe sale price represents a multiple of approximately 7x UPC Slovakia’s estimated 2025 Adjusted EBITDA*, or approximately 15x UPC Slovakia’s estimated 2025 Adjusted EBITDA less P&E Additions*. Closing of the transaction remains subject to regulatory approval and customary closing conditions.\n\nUPC Slovakia is one of the largest providers of TV, broadband and telephony services in the Slovak Republic, serving more than 600,000 households in 80 cities with internet speeds of up to 2.5 Gbps.\n\nABOUT LIBERTY GLOBAL\n\nLiberty Global Ltd. (Nasdaq: LBTYA, LBTYB, LBTYK) delivers long-term shareholder value through the strategic management of three complementary platforms: Liberty Telecom, Liberty Growth, and Liberty Services.\n\nLiberty Telecom is a world leader in converged broadband, video, and mobile communications, providing more than 80 million fixed and mobile connections across Europe through advanced fiber and 5G networks that empower customers and strengthen national economies. The business generates aggregate revenue of approximately $21.6 billion, including $18 billion from non-consolidated joint ventures and $3.6 billion from consolidated operations.\n\nLiberty Growth invests in scalable businesses across the technology, media, sports, and infrastructure sectors, with a portfolio of roughly 70 companies valued at $3.4 billion.**\n\nLiberty Services delivers innovative technology, operational, and financial services to both Liberty affiliated companies and third parties, generating approximately $600 million in annual revenue.***\n\nTogether, these platforms position Liberty Global as a leading international converged connectivity and investment company focused on creating sustainable, long-term value for shareholders.\n\n* Please refer to the definitions included in our most recent earnings release, which can be found on our investor relations page. Quantitative reconciliations to net earnings/loss for UPC Slovakia Adjusted EBITDA and Adjusted EBITDA less P&E Additions cannot be provided without unreasonable efforts as we do not forecast certain non-cash charges, includ...