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PRESS RELEASE Liberty Global Reports Q1 2021 Results Commercial momentum across markets continued during Q1 Convergence strategy added + 80k broadband and + 146k postpaid mobile subscribers U.K. JV with Telefonica's 02 set to close in June , subject to final approval by the U.K. regulator Liberty Global becomes founding member of European Green Digital Coalition Denver , Colorado : May 5 , 2021 Liberty Global plc today announced its Q1 2021 financial results . CEO Mike Fries stated , " As we continue to execute through the challenges of COVID - 19 , we're hopeful that better and safer times lie ahead for our employees and our customers . While the well - being of our people and our customers ' connectivity experience remain our most important priorities , we're encouraged by the operational progress made during the first quarter of 2021 , allowing us to carry forward the momentum we built last year . Continued execution of our convergence strategy fueled a 3 % improvement in our aggregate FMC penetration rate . We also generated continued growth in new customers , adding 38,000 relationships during the quarter . Clearly , consumer appetite for our broadband robust . and converged products remains Meanwhile our network reach expanded by 113,000 new homes built in Q1 , now totaling 3.9 million to date , paving the way for additional relationships to be formed . Operations Organic Customer additions Organic Broadband net adds Organic Mobile Postpaid net adds Fixed Mobile Convergence ( a ) Liberty Global Revenue as reported Rebased revenue¹ COVID impact on revenue Net earnings Rebased Adjusted EBITDA¹ P & E additions Rebased OFCF¹ Cash provided by operating activities ( b ) Adjusted FCF LIBERTY GLOBAL Financial ( in millions , except percentages ) ( a ) ( b ) Q1 2021 38,000 79,600 145,600 29.3 % $ 3,615.3 $ 3,615.3 - $ 21.2 $ 1,440.3 $ 1,367.3 $ 746.6 $ 620.7 $ 821.2 $ 93.1 NASDAQ : LBTYA | LBTYB | LBTYK YoY +56,900 +57,600 +30,300 3.0 % 25.7 % 0.2 % ( 0.6 % ) 41.5 % ( 1.7 % ) 14.1 % 5.0 % 82.6 % 129.4 % YOY FMC growth shown on a rebased basis . As reported cash flows used by investing and financing activities for the three months ended March 31 , 2021 were ( $ 509.4 million ) and ( $ 699.7 million ) , respectively . 1