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Liberty Global Q2 results lower, plans share buyback with sale proceeds
2019-08-08 09:00:00| Telecompaper Headlines
(Telecompaper) Liberty Global reported organic revenues from its continuing operations down 0.9 percent in the second quarter. This excludes its German and Eastern European businesses just sold to Vodafone, but includes the Swiss activities, which are not expected to sell until Q4. The weakness in Switzerland and Belgium offset growth in the UK in the quarter. Liberty Global announced it will use some of the proceeds from the divestments for share buybacks.
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Category:Telecommunications