Loss Widens at Liberty Global

ENGLEWOOD, February 27:
Despite significant increases in revenue, Liberty Global recorded a
fourth-quarter loss of $197.2 million, versus the $31.2 million loss reported
in the same period last year, while the full-year loss was $422.6 million, as
compared with the $706.2 million profit netted in 2006.

For the quarter, however,
revenues gained 38 percent to $2.5 billion, while for the year they were up 39
percent to $9 billion. The wider loss was attributed to interest and income-tax
expenses and higher losses from certain other non-operating items.

The company ended 2007
with 24 million revenue generating units (RGUs), with 2.6 million of the
additions being for advanced services like digital cable, broadband Internet
and telephony. Operations in Japan, Belgium, Switzerland and the Czech
Republic, in particular, saw digital gains.

Overall, Liberty Global’s
RGU base was up 24 percent from the end of 2006. The 2007 RGU increase
consisted of 3.2 million additions from merger and acquisition activity (principally
Telenet) and 1.45 million additions from organic growth. At the end of 2007,
the company had 14.7 million video subs (10.2 million analogue, 3.4 million
digital cable and 1.1 million DTH), 5.4 million broadband Internet customers
and 3.9 million telephony subscribers.

Consolidated ARPU per
customer relationship increased 13 percent to $39.07, and operating cash flow
(OCF) gained 53 percent for the year to $3.6 billion.

—By Mansha Daswani