Druva Shaw's questions to Liberty Global Ltd (LBTYA) leadership • Q3 2024
Question
Druva Shaw of UBS inquired about the marked improvement in U.K. postpaid net adds, asking if it was driven by market changes or specific VMO2 actions, and whether the positive trend could continue into Q4 and 2025.
Answer
Lutz Schüler, Executive, stated that market dynamics haven't materially changed. He attributed the improvement to three internal levers: optimized hardware sales, improved upgrade processes that lower churn, and the completion of the Virgin Mobile to O2 customer migration. While expressing ambition for Q4 growth, he did not provide formal guidance.