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 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. 

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