Liberty Global's Q3 revenue jumps 59% on VodafoneZiggo consolidation, with plans for Ziggo's 2027 spin-off progressing.

Liberty Global reported a 59% increase in Q3 revenue, mainly due to the consolidation of VodafoneZiggo, while organic growth remained modest and operating margins were under pressure. The company is advancing with Ziggo's planned separation in 2027, supported by improved broadband subscriber additions, expected synergies, and the sale of Dutch towers. Management expects to hold $1.8 billion in corporate cash by year-end after share buybacks, which supports the company's valuation. Despite applying a significant discount to Liberty Growth and assigning no equity value to VMO2, the valuation still indicates considerable upside potential.

Liberty Global's market cap stands at $3.53 billion as of Nov 13, 2026, 06:21 WIB, with an enterprise value of $22.97 billion, highlighting the company's significant scale despite recent share price softness. The stock trades at $10.38 on Pluang, down 0.53% on the day, reflecting some investor caution. Trading volume is robust at 2,645,359 shares, and the typical hold time of 22 days indicates moderate investor engagement.