Liberty Global Ltd.

Overview

Liberty Global Ltd. is an international communications and technology company providing residential and business customers with broadband, video, fixed-line telephony and mobile services. Its broader activities include technology, operational and financial-services platforms and investments across technology, media, sports and infrastructure; the company describes its strategic platforms as Liberty Telecom, Liberty Growth and Liberty Services.[1][2] Its telecom operations span Belgium and Luxembourg, Ireland, the UK and the Netherlands, including interests in joint ventures in the UK and Netherlands.[1][3]

Liberty Global states its purpose as “building tomorrow’s connections today, bringing people together, through the power of our technology.” [4] For the year ended December 31, 2025, it reported consolidated revenue of $4.8785 billion; that figure excludes revenue from its nonconsolidated UK and Netherlands joint ventures.[5][6] Its website lists 28,720 employees, without specifying a measurement date.[7] [1]+9

Products & services

Liberty Global’s fixed-broadband and home-connectivity products include gigabit cable and fiber services. Its Connect Box gateways provide Wi‑Fi and telephony; newer models support DOCSIS 3.1 and Wi‑Fi 6. On fiber, XGS-PON supports symmetrical speeds of up to 10 Gbps. The ONE Connect ecosystem includes Intelligent WiFi mesh optimization, Mesh extenders, Smart Security features such as safe browsing and fraud prevention, selected-market Smart Home bundles, and the Connect App for service management. About 11 million customers had a Connect Box in 2025.[8][9]

For television and entertainment, Horizon 5 combines live TV, recording and replay, video on demand, premium video apps and mobile viewing. Its capabilities include 4K/HDR, personalized recommendations, and voice-controlled search and playback. Market-specific products include Telenet TV-Box, Virgin TV 360, and MediaBox Next (Mini); video services include channel packages, transactional video on demand, selected subscription video on demand, and global and local OTT services.[10]+2

Other offerings include residential mobile and fixed-line telephony, as well as business services. Business products include subscription services for small-office/home-office customers and mobile services for medium and large enterprises; additional offerings include business broadband, video, fixed-line telephony and data, wholesale fixed/mobile services, and long-term network leases.[13]+2 [8]+7

Geographic presence

Liberty Global’s current telecom footprint spans the United Kingdom (Virgin Media O2), the Netherlands (VodafoneZiggo), Belgium (Telenet), and Ireland (Virgin Media). Telenet’s reported geography also includes Luxembourg. Slovakia was part of the 2025 footprint through UPC Slovakia, but the sale was completed on April 30, 2026.[3]+2

For 2025, reported segment revenue was $3,207.9 million for Telenet, $494.8 million for VM Ireland, $13,335.2 million for the VMO2 joint venture, and $4,518.5 million for the VodafoneZiggo joint venture. These represent approximately 14.9%, 2.3%, 61.9%, and 21.0%, respectively, of the $21,556.4 million total reportable-segment revenue. These are segment figures rather than a direct country-by-country revenue split: Telenet covers Belgium and Luxembourg, and the joint-venture figures reflect 100% of their revenue, although Liberty Global owns 50% of each and accounts for them under the equity method.[18][19]

The company identifies Denver, London, and Amsterdam as headquarters locations; its 2025 annual report also gives Bermuda as the company’s incorporation jurisdiction and lists its principal executive office in Hamilton, Bermuda. At December 31, 2025, it reported 6,636 employees at consolidated subsidiaries: Belgium 3,577; UK 1,543; Republic of Ireland 916; Netherlands 276; Slovakia 223; US 81; Monaco 19; and Spain 1. The report separately lists 16,841 employees at the VMO2 joint venture and 5,664 at VodafoneZiggo.[20]+3 [16]+7

Business segments

In FY2025, Liberty Global reported four Liberty Telecom reportable segments: Telenet, VM Ireland, VMO2 JV and VodafoneZiggo JV. The four focus on communications services for residential and business customers, with their operations centered respectively in Belgium, Ireland, the U.K. and the Netherlands.[23]+5

As a share of total FY2025 reportable-segment revenue of $21,556.4 million, Telenet contributed about 14.9% ($3,207.9 million), VM Ireland 2.3% ($494.8 million), VMO2 JV 61.9% ($13,335.2 million), and VodafoneZiggo JV 21.0% ($4,518.5 million).[28] These percentages use the full reported revenue of the two joint ventures; they do not represent Liberty Global’s consolidated-revenue mix or proportionate share. The company separately reconciled reportable-segment revenue to $4,878.5 million of consolidated revenue.[29][28] [23]+12

Company history

Liberty Global’s corporate origins date to 2005, when Liberty Global, Inc. was formed as the parent of the combination of Liberty Media International and UnitedGlobalCom; Mike Fries became CEO that year.[30][31] The company expanded in Europe, becoming Telenet’s controlling shareholder in 2007 and completing its acquisition of Germany’s Unitymedia in 2010.[32][33]

In 2013, Liberty Global completed its merger with Virgin Media, followed by its acquisition of Ziggo in 2014.[22]+2 In 2016, it acquired Cable & Wireless Communications and combined its Dutch operations with Vodafone in a 50/50 joint venture.[36][37] The company later separated Liberty Latin America, completing the split-off in January 2018, and became a Bermuda-incorporated company, Liberty Global Ltd., in November 2023.[38][22] It completed the spin-off of Sunrise in November 2024; Mike Fries became chairman in January 2026, succeeding John C. Malone, while continuing as CEO.[39][40] [22]+11

Sources

• Liberty Global Ltd. — Full financial report (2025 Y)
  21 citations

  [1][2][5][6][8][9][10][11][12][13][14][19][21][22][23][24][25][26][27][28][29]
• www.libertyglobal.com[3]
• www.libertyglobal.com[4]
• www.libertyglobal.com[7]
• Liberty Global Ltd. — Full financial report (2026 Q 2)
  3 citations

  [15][16][17]
• www.libertyglobal.com[18]
• www.libertyglobal.com[20]
• www.libertyglobal.com[30]
• www.sec.gov[31]
• www.libertyglobal.com[32]
• www.libertyglobal.com[33]
• www.libertyglobal.com[34]
• www.libertyglobal.com[35]
• www.libertyglobal.com[36]
• www.libertyglobal.com[37]
• www.libertyglobal.com[38]
• www.libertyglobal.com[39]
• www.libertyglobal.com[40]