Press Release Telenet : First Quarter 2014 Results

Solid net triple-play growth, up 32% yoy, resulting in 47% of customers subscribing to triple-play;Adjusted EBITDA up 18% yoy to EUR237.8 million on substantially lower network operating and service costs, including lower handset subsidies and a EUR1

• Solid net triple-play growth, up 32% yoy, resulting in 47% of customers subscribing to triple-play;
• Adjusted EBITDA up 18% yoy to EUR237.8 million on substantially lower network operating and service costs, including lower handset subsidies and a EUR12.5 million nonrecurring benefit;
• FY outlook reiterated, expecting revenue growth trend to improve relative to the Q1 2014 run-rate.

Mechelen, April 28, 2014 - Telenet Group Holding NV ("Telenet" or the "Company") (Euronext Brussels: TNET) announces its unaudited consolidated results under International Financial Reporting Standards as adopted by the European Union ("EU IFRS") for the three months ended March 31, 2014
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