TELENET ANNOUNCES FULL YEAR 2005 RESULTS

Excellent start to iDTV and rapidly increasing triple play growth deliver
record sales and 26% increase in operating profit
Highlights:
  • Strong Q4 drove record sales and net additions of internet and telephony RGUs in 2005
  • 30% increase in number of triple play customers at the end of 2005 vs. end of 2004
  • Rapid start to iDTV - 83,500 set top boxes sold by end of 2005
  • Telenet Solutions enjoyed increased momentum in H2 2005, benefiting from a completed product portfolio, and now claims close to 1,000 activated Wi-Fi hotspots
  • Revenues reached €737.5 million in 2005, up €56.4 million on 2004, with revenue growth accelerating to 10.4% in Q4 2005
  • Operating profit increased 26% to €131.6 million
  • EBITDA increased to €337.9 million in 2005, up 9% on 2004, yielding an EBITDA margin for 2005 of 46% vs 45% in 2004(1)(2)
  • Net Loss, adjusted for one time debt redemption costs of €39.5 million was €37.2 million in 2005, compared to a net loss of €61.7 million in 2004.

    • PressRelease 2005FY UK

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    About Telenet SA

    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, internet and television 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 a 100% owned subsidiary of Liberty Global. Liberty Global is 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. For more information, we refer to www.telenet.be

    The Telenet newsroom can be found at press.telenet.be

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