Post by Liberty Global

At this week's Enders Analysis conference in London, our Chairman and CEO Mike Fries sat down with Thorold Barker of AlixPartners to discuss the UK telecoms landscape, unlocking shareholder value, the future of Formula E and why #AI could be the most transformational force our industry has ever seen. In an insightful and wide-ranging conversation, here are some of the key takeaways: 🔹 The UK Telecoms Market 🔹 Mike discussed Liberty Global’s long history in the UK market and our commitment to investment. But he said for that to continue, regulators need to ensure a genuine level playing field that supports infrastructure-based competition. 🔹 Unlocking value 🔹 Mike also gave an insight into recent strategic moves, such as spinning off Sunrise in Switzerland. He spoke about the gap between the value in our telecoms businesses and what the market currently sees, and what Liberty Global is doing to close it. 🔹 Our investments 🔹 Liberty Global has built a portfolio that goes well beyond broadband and mobile - in sports and the experience economy, data centres, and technology/AI. These are areas the company knows well which sit on the periphery of the telecoms business, and Mike spoke about the long-term upside in all of them, particularly Formula E. 🔹 AI transformation 🔹 Not just incremental efficiency, but a fundamental reinvention of how we operate - with the goal of transforming our cost base. As Mike put it: "If the CEO of the company is not obsessed with AI, I'm not sure that person will have a job for much longer."