TELENET ANNOUNCES FULL YEAR 2006 RESULTS

Record year RGU growth boosts financial results
First annual net profit, Free Cash Flow tripled in 2006
Telenet Group Holding NV ("Telenet" or the "Company") announces its consolidated results under International Financial Reporting Standards as adopted by the EU ("EU GAAP") for the full year 2006:
Highlights
  • 34% increase in number of triple play customers at the end of 2006 versus end of 2005
  • Record RGU additions for year: 347,000 telephony, internet and iDTV RGUs added in 2006
  • 226,000 iDTV RGUs at end of 2006; 250,000 milestone achieved on February 5 ; strong VOD growth
  • Revenues from continuing operations reached €813.5 million in 2006, up 11% versus 2005
  • EBITDA of €366.6 million for 2006, yielding an EBITDA margin of 45%
  • EBITDA corrected for €4.8 million one off costs in Q4 06 amounted to €371.4 million, up 10% on 2005
  • First annual profit in Telenet's history

    • Press Release FY2006 Results 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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