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

 


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About Telenet group

As a provider of entertainment and telecommunications services in Belgium and Luxembourg, Telenet group aims to offer its customers the best possible experience in the digital world. Through its Telenet, BASE and TADAAM brands, the company provides digital television, internet, and fixed and mobile telephony services to residential customers in Belgium. In the Grand Duchy of Luxembourg, Telenet group provides these services under the Eltrona brand. 

Telenet Business serves the business market in Belgium and Luxembourg with connectivity, hosting and security solutions. With more than 3,000 employees, Telenet group has one clear goal: to make living and working easier and more enjoyable. 

Telenet group is an integral part of Ziggo Group, which brings together Telenet group and VodafoneZiggo. Telenet group continues to operate under its own brands and remains responsible for its customers, employees, strategy and performance in its markets. Ziggo Group is 90% owned by Liberty Global and 10% owned by Vodafone Group. 

More information about Telenet group and its products is available on the Telenet website. The Telenet group newsroom can be found on the press website. 

Liersesteenweg 4 2800 Mechelen BTW BE 0473.416.418 RPR Antwerpen, afd. Mechelen