From connectivity to customer centricity – investing for profitable growth

From connectivity to customer centricity – investing for profitable growth

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

 


Full press release Press release CMD 22 - Final ENG.pdf - 892 KB

 

Stefan Coenjaerts Director Corporate Communications, Telenet

 

About Telenet BV

As a provider of entertainment and telecommunication services in Belgium, Telenet Group is always looking for the perfect experience in the digital world for its customers. Under the brand name Telenet, the company focuses on offering digital television, high-speed Internet and fixed and mobile telephony services to residential customers in Flanders and Brussels.

Under the brand name BASE, it supplies mobile telephony in Belgium. The Telenet Business department serves the business market in Belgium and Luxembourg with connectivity, hosting and security solutions. More than 3,000 employees have one aim in mind: making living and working easier and more pleasant.

Telenet Group is part of Telenet Group Holding NV and is quoted on Euronext Brussel under ticker symbol TNET. For more information, visit www.telenet.be. Liberty Global - one of the world’s leading converged video, broadband and communications companies, innovating and empowering people in six countries across Europe to make the most of the digital revolution – owns a direct stake of 58.9% in Telenet Group Holding SA/NV (excluding any treasury shares held by the latter from time to time).


The BASE newsroom can be found at press.base.be

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