Mechelen, September 26, 2022 – Today, Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) will host a Capital Markets Day (“CMD”) in London. The event entails a series of presentations by members of Telenet’s Senior Leadership Team, elaborating on the future strategic value drivers for both its fixed infrastructure business (“NetCo1”) as well as its Residential, Entertainment & Media and B2B domains (“Telenet”). More details on the event can be found on Telenet’s investor relations website.
Commenting on the CMD, Telenet’s Chief Executive Officer, John Porter stated,
“I am confident we will continue to deliver sustainable profitable growth and create long-term value for all of our stakeholders. With our updated strategy we intend to transform Telenet from the leading broadband, media and entertainment company in our footprint into a leading customer-centric provider of connectivity, entertainment and digital services, and drive sustainable growth. We plan substantial investments in our fixed and mobile network infrastructure over the next few years as well as in our digital and data platforms. This should further drive value for customers and lead to increased benefits over time. With a robust balance sheet and liquidity profile, Telenet is well positioned to weather the current macro-economic turmoil, as illustrated by the fact that we are reaffirming our full year 2022 financial outlook despite increased inflationary pressures.”
1Subject to regulatory approval from the relevant competition authorities