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545.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 356.97 545.05 Td (in ) Tj ET Q q 0 0 0 rg BT 368.04 545.05 Td (the ) Tj ET Q q 0 0 0 rg BT 385.83 545.05 Td (U.K., ) Tj ET Q q 0 0 0 rg BT 412.78 545.05 Td (supported ) Tj ET Q q 0 0 0 rg BT 464.20 545.05 Td (by ) Tj ET Q q 0 0 0 rg BT 478.32 545.05 Td (record ) Tj ET Q q 0 0 0 rg BT 512.00 545.05 Td (low ) Tj ET Q q 0 0 0 rg BT 531.01 545.05 Td (churn) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 558.53 550.30 Td (2) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 518.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 518.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 98.44 518.65 Td (organic ) Tj ET Q q 0 0 0 rg BT 136.78 518.65 Td (RGU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 161.22 523.90 Td (3) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 165.20 518.65 Td ( ) Tj ET Q q 0 0 0 rg BT 167.46 518.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 213.76 518.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 263.72 518.65 Td (significantly ) Tj ET Q q 0 0 0 rg BT 322.84 518.65 Td (to ) Tj ET Q q 0 0 0 rg BT 334.28 518.65 Td (93,000, ) Tj ET Q q 0 0 0 rg BT 373.24 518.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 424.42 518.65 Td (to ) Tj ET Q q 0 0 0 rg BT 435.86 518.65 Td (16,000 ) Tj ET Q q 0 0 0 rg BT 471.77 518.65 Td (in ) Tj ET Q q 0 0 0 rg BT 482.59 518.65 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 531.92 518.65 Td (period ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 503.08 cm /I8 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 505.45 Td (Superior ) Tj ET Q q 0 0 0 rg BT 163.27 505.45 Td (bundles ) Tj ET Q q 0 0 0 rg BT 205.99 505.45 Td (and ) Tj ET Q q 0 0 0 rg BT 228.53 505.45 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 254.12 505.45 Td (new ) Tj ET Q q 0 0 0 rg BT 278.49 505.45 Td (build ) Tj ET Q q 0 0 0 rg BT 305.92 505.45 Td (driving ) Tj ET Q q 0 0 0 rg BT 342.51 505.45 Td (improved ) Tj ET Q q 0 0 0 rg BT 391.67 505.45 Td (Y) Tj ET Q q 0 0 0 rg BT 398.00 505.45 Td (oY) Tj ET Q q 0 0 0 rg BT 411.25 505.45 Td ( ) Tj ET Q q 0 0 0 rg BT 415.44 505.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 444.08 505.45 Td (performance ) Tj ET Q q 0 0 0 rg BT 510.02 505.45 Td (across ) Tj ET Q q 0 0 0 rg BT 546.61 505.45 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 492.25 Td (portfolio, ) Tj ET Q q 0 0 0 rg BT 162.75 492.25 Td (as ) Tj ET Q q 0 0 0 rg BT 177.42 492.25 Td (evidenced ) Tj ET Q q 0 0 0 rg BT 230.63 492.25 Td (by ) Tj ET Q q 0 0 0 rg BT 245.30 492.25 Td (67,000 ) Tj ET Q q 0 0 0 rg BT 282.00 492.25 Td (internet) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 318.69 497.50 Td (4) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 322.67 492.25 Td ( ) Tj ET Q q 0 0 0 rg BT 325.72 492.25 Td (and ) Tj ET Q q 0 0 0 rg BT 347.13 492.25 Td (44,000 ) Tj ET Q q 0 0 0 rg BT 383.83 492.25 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 430.91 492.25 Td (telephony) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 478.62 497.50 Td (5) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 482.59 492.25 Td ( ) Tj ET Q q 0 0 0 rg BT 485.65 492.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 532.74 492.25 Td (in ) Tj ET Q q 0 0 0 rg BT 544.35 492.25 Td (Q1) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 476.68 cm /I9 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 479.05 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 141.95 479.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 169.45 479.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 216.54 479.05 Td (of ) Tj ET Q q 0 0 0 rg BT 228.77 479.05 Td (1) Tj ET Q q 0 0 0 rg BT 234.07 479.05 Td (10,000 ) Tj ET Q q 0 0 0 rg BT 270.77 479.05 Td (represents ) Tj ET Q q 0 0 0 rg BT 325.80 479.05 Td (our ) Tj ET Q q 0 0 0 rg BT 344.75 479.05 Td (best ) Tj ET Q q 0 0 0 rg BT 368.60 479.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 386.33 479.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 422.40 479.05 Td (since ) Tj ET Q q 0 0 0 rg BT 451.14 479.05 Td (2010) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 452.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 452.65 Td (Improved ) Tj ET Q q 0 0 0 rg BT 130.41 452.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 166.48 452.65 Td (in ) Tj ET Q q 0 0 0 rg BT 178.10 452.65 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 222.74 452.65 Td (mobile ) Tj ET Q q 0 0 0 rg BT 258.20 452.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 305.29 452.65 Td (to ) Tj ET Q q 0 0 0 rg BT 317.52 452.65 Td (47,000 ) Tj ET Q q 0 0 0 rg BT 354.22 452.65 Td (in ) Tj ET Q q 0 0 0 rg BT 365.84 452.65 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 386.63 452.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 438.60 452.65 Td (to ) Tj ET Q q 0 0 0 rg BT 450.83 452.65 Td (19,000 ) Tj ET Q q 0 0 0 rg BT 487.53 452.65 Td (in ) Tj ET Q q 0 0 0 rg BT 499.15 452.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 516.88 452.65 Td (2015) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 426.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 426.25 Td (Product ) Tj ET Q q 0 0 0 rg BT 123.40 426.25 Td (enhancements ) Tj ET Q q 0 0 0 rg BT 199.56 426.25 Td (in ) Tj ET Q q 0 0 0 rg BT 212.12 426.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 230.78 426.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 262.31 426.25 Td (including ) Tj ET Q q 0 0 0 rg BT 309.72 426.25 Td (our ) Tj ET Q q 0 0 0 rg BT 329.61 426.25 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 355.00 426.25 Td (speed ) Tj ET Q q 0 0 0 rg BT 388.97 426.25 Td (boost ) Tj ET Q q 0 0 0 rg BT 419.87 426.25 Td (and ) Tj ET Q q 0 0 0 rg BT 442.22 426.25 Td (addition ) Tj ET Q q 0 0 0 rg BT 484.74 426.25 Td (of ) Tj ET Q q 0 0 0 rg BT 497.91 426.25 Td (Replay ) Tj ET Q q 0 0 0 rg BT 535.89 426.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 553.94 426.25 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 413.05 Td (Ireland, ) Tj ET Q q 0 0 0 rg BT 121.25 413.05 Td (underpin ) Tj ET Q q 0 0 0 rg BT 167.12 413.05 Td (our ) Tj ET Q q 0 0 0 rg BT 186.07 413.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 203.80 413.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 231.33 413.05 Td (price ) Tj ET Q q 0 0 0 rg BT 258.23 413.05 Td (increases) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 397.48 cm /I10 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 399.85 Td (Continued ) Tj ET Q q 0 0 0 rg BT 170.71 399.85 Td (improvement ) Tj ET Q q 0 0 0 rg BT 237.34 399.85 Td (in ) Tj ET Q q 0 0 0 rg BT 248.96 399.85 Td (customer ) Tj ET Q q 0 0 0 rg BT 297.25 399.85 Td (churn ) Tj ET Q q 0 0 0 rg BT 327.82 399.85 Td (trend ) Tj ET Q q 0 0 0 rg BT 355.95 399.85 Td (with ) Tj ET Q q 0 0 0 rg BT 378.37 399.85 Td (Y) Tj ET Q q 0 0 0 rg BT 384.70 399.85 Td (oY) Tj ET Q q 0 0 0 rg BT 397.95 399.85 Td ( ) Tj ET Q q 0 0 0 rg BT 401.01 399.85 Td (reduction ) Tj ET Q q 0 0 0 rg BT 449.32 399.85 Td (in ) Tj ET Q q 0 0 0 rg BT 460.93 399.85 Td (the ) Tj ET Q q 0 0 0 rg BT 479.28 399.85 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 503.73 399.85 Td (and ) Tj ET Q q 0 0 0 rg BT 525.14 399.85 Td (Ireland) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 384.28 cm /I11 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 386.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 134.69 386.65 Td (customer ) Tj ET Q q 0 0 0 rg BT 182.44 386.65 Td (churn ) Tj ET Q q 0 0 0 rg BT 212.47 386.65 Td (of ) Tj ET Q q 0 0 0 rg BT 224.16 386.65 Td (14.1% ) Tj ET Q q 0 0 0 rg BT 257.86 386.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 309.29 386.65 Td (to ) Tj ET Q q 0 0 0 rg BT 320.98 386.65 Td (14.5% ) Tj ET Q q 0 0 0 rg BT 354.68 386.65 Td (in ) Tj ET Q q 0 0 0 rg BT 365.76 386.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 382.95 386.65 Td (2015; ) Tj ET Q q 0 0 0 rg BT 412.99 386.65 Td (record ) Tj ET Q q 0 0 0 rg BT 446.68 386.65 Td (low ) Tj ET Q q 0 0 0 rg BT 465.70 386.65 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 489.61 386.65 Td (churn ) Tj ET Q q 0 0 0 rg BT 519.64 386.65 Td (of ) Tj ET Q q 0 0 0 rg BT 531.33 386.65 Td (14.0%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 360.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 360.25 Td (On-track ) Tj ET Q q 0 0 0 rg BT 126.73 360.25 Td (to ) Tj ET Q q 0 0 0 rg BT 138.96 360.25 Td (add ) Tj ET Q q 0 0 0 rg BT 160.37 360.25 Td (more ) Tj ET Q q 0 0 0 rg BT 188.49 360.25 Td (than ) Tj ET Q q 0 0 0 rg BT 212.95 360.25 Td (500,000 ) Tj ET Q q 0 0 0 rg BT 255.77 360.25 Td (Project ) Tj ET Q q 0 0 0 rg BT 293.06 360.25 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 340.77 360.25 Td (premises ) Tj ET Q q 0 0 0 rg BT 388.45 360.25 Td (in ) Tj ET Q q 0 0 0 rg BT 400.06 360.25 Td (the ) Tj ET Q q 0 0 0 rg BT 418.41 360.25 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 442.86 360.25 Td (during ) Tj ET Q q 0 0 0 rg BT 476.50 360.25 Td (2016) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 344.68 cm /I12 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 347.05 Td (Added ) Tj ET Q q 0 0 0 rg BT 152.36 347.05 Td (70,000 ) Tj ET Q q 0 0 0 rg BT 189.06 347.05 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 236.77 347.05 Td (premises ) Tj ET Q q 0 0 0 rg BT 284.45 347.05 Td (in ) Tj ET Q q 0 0 0 rg BT 296.07 347.05 Td (Q1) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 331.48 cm /I13 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 333.85 Td (Announced ) Tj ET Q q 0 0 0 rg BT 176.22 333.85 Td (at ) Tj ET Q q 0 0 0 rg BT 188.45 333.85 Td (least ) Tj ET Q q 0 0 0 rg BT 214.74 333.85 Td (25% ) Tj ET Q q 0 0 0 rg BT 239.81 333.85 Td (of ) Tj ET Q q 0 0 0 rg BT 252.04 333.85 Td (our ) Tj ET Q q 0 0 0 rg BT 271.00 333.85 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 318.70 333.85 Td (build ) Tj ET Q q 0 0 0 rg BT 345.00 333.85 Td (will ) Tj ET Q q 0 0 0 rg BT 363.33 333.85 Td (be ) Tj ET Q q 0 0 0 rg BT 378.62 333.85 Td (fibre-to-the-premises ) Tj ET Q q 0 0 0 rg BT 483.15 333.85 Td (\("FTTP"\)) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 318.28 cm /I14 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 320.65 Td (Build ) Tj ET Q q 0 0 0 rg BT 145.02 320.65 Td (cost ) Tj ET Q q 0 0 0 rg BT 168.25 320.65 Td (per ) Tj ET Q q 0 0 0 rg BT 187.20 320.65 Td (home, ) Tj ET Q q 0 0 0 rg BT 220.83 320.65 Td (penetrations ) Tj ET Q q 0 0 0 rg BT 284.43 320.65 Td (and ) Tj ET Q q 0 0 0 rg BT 305.23 320.65 Td (ARPU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 335.79 325.90 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 339.77 320.65 Td ( ) Tj ET Q q 0 0 0 rg BT 342.82 320.65 Td (in-line ) Tj ET Q q 0 0 0 rg BT 375.23 320.65 Td (with ) Tj ET Q q 0 0 0 rg BT 397.85 320.65 Td (business ) Tj ET Q q 0 0 0 rg BT 444.32 320.65 Td (plan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 294.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 294.25 Td (Investing ) Tj ET Q q 0 0 0 rg BT 128.58 294.25 Td (for ) Tj ET Q q 0 0 0 rg BT 144.48 294.25 Td (growth; ) Tj ET Q q 0 0 0 rg BT 183.60 294.25 Td (targeted ) Tj ET Q q 0 0 0 rg BT 227.02 294.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 288.77 294.25 Td (to ) Tj ET Q q 0 0 0 rg BT 301.00 294.25 Td (enhance ) Tj ET Q q 0 0 0 rg BT 346.26 294.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 394.55 294.25 Td (of) Tj ET Q q 0 0 0 rg BT 403.53 294.25 Td (fer ) Tj ET Q q 0 0 0 rg BT 419.42 294.25 Td (and ) Tj ET Q q 0 0 0 rg BT 440.83 294.25 Td (drive ) Tj ET Q q 0 0 0 rg BT 467.73 294.25 Td (sales ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 278.68 cm /I15 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 281.05 Td (Broadband ) Tj ET Q q 0 0 0 rg BT 174.70 281.05 Td (speed ) Tj ET Q q 0 0 0 rg BT 208.04 281.05 Td (leadership: ) Tj ET Q q 0 0 0 rg BT 265.23 281.05 Td (300 ) Tj ET Q q 0 0 0 rg BT 286.95 281.05 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 317.22 281.05 Td (launch ) Tj ET Q q 0 0 0 rg BT 353.01 281.05 Td (for ) Tj ET Q q 0 0 0 rg BT 369.22 281.05 Td (Small ) Tj ET Q q 0 0 0 rg BT 400.10 281.05 Td (Of) Tj ET Q q 0 0 0 rg BT 411.51 281.05 Td (fice ) Tj ET Q q 0 0 0 rg BT 432.00 281.05 Td (/ ) Tj ET Q q 0 0 0 rg BT 438.43 281.05 Td (Home ) Tj ET Q q 0 0 0 rg BT 471.14 281.05 Td (Of) Tj ET Q q 0 0 0 rg BT 482.56 281.05 Td (fice ) Tj ET Q q 0 0 0 rg BT 503.05 281.05 Td (\("SOHO"\) ) Tj ET Q q 0 0 0 rg BT 553.95 281.05 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 267.85 Td (the ) Tj ET Q q 0 0 0 rg BT 135.85 267.85 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 160.30 267.85 Td (and ) Tj ET Q q 0 0 0 rg BT 181.71 267.85 Td (new ) Tj ET Q q 0 0 0 rg BT 204.94 267.85 Td (360 ) Tj ET Q q 0 0 0 rg BT 226.35 267.85 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 256.31 267.85 Td (top ) Tj ET Q q 0 0 0 rg BT 274.65 267.85 Td (speed ) Tj ET Q q 0 0 0 rg BT 307.68 267.85 Td (tier ) Tj ET Q q 0 0 0 rg BT 326.02 267.85 Td (for ) Tj ET Q q 0 0 0 rg BT 341.91 267.85 Td (customers ) Tj ET Q q 0 0 0 rg BT 395.70 267.85 Td (in ) Tj ET Q q 0 0 0 rg BT 407.32 267.85 Td (Ireland ) Tj ET Q q 0 0 0 rg BT 444.01 267.85 Td (during ) Tj ET Q q 0 0 0 rg BT 477.64 267.85 Td (Q1) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 252.28 cm /I16 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 254.65 Td (Enhancing ) Tj ET Q q 0 0 0 rg BT 172.54 254.65 Td (our ) Tj ET Q q 0 0 0 rg BT 191.30 254.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 208.41 254.65 Td (platform ) Tj ET Q q 0 0 0 rg BT 251.20 254.65 Td (in ) Tj ET Q q 0 0 0 rg BT 262.82 254.65 Td (the ) Tj ET Q q 0 0 0 rg BT 281.17 254.65 Td (U.K.:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.50 241.45 Td (* ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.50 241.45 Td (Added ) Tj ET Q q 0 0 0 rg BT 188.36 241.45 Td (new ) Tj ET Q q 0 0 0 rg BT 211.60 241.45 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 270.31 241.45 Td (programming ) Tj ET Q q 0 0 0 rg BT 338.16 241.45 Td (in ) Tj ET Q q 0 0 0 rg BT 349.78 241.45 Td (Q1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.50 228.25 Td (* ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.50 228.25 Td (W) Tj ET Q q 0 0 0 rg BT 163.68 228.25 Td (orking ) Tj ET Q q 0 0 0 rg BT 196.70 228.25 Td (on ) Tj ET Q q 0 0 0 rg BT 211.99 228.25 Td (further ) Tj ET Q q 0 0 0 rg BT 246.84 228.25 Td (improvements ) Tj ET Q q 0 0 0 rg BT 318.97 228.25 Td (to ) Tj ET Q q 0 0 0 rg BT 331.20 228.25 Td (user-interface ) Tj ET Q q 0 0 0 rg BT 401.51 228.25 Td (in ) Tj ET Q q 0 0 0 rg BT 413.13 228.25 Td (the ) Tj ET Q q 0 0 0 rg BT 431.48 228.25 Td (second ) Tj ET Q q 0 0 0 rg BT 470.00 228.25 Td (half ) Tj ET Q q 0 0 0 rg BT 490.79 228.25 Td (of ) Tj ET Q q 0 0 0 rg BT 503.02 228.25 Td (2016) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.50 215.05 Td (* ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.50 215.05 Td (Preparing ) Tj ET Q q 0 0 0 rg BT 204.25 215.05 Td (to ) Tj ET Q q 0 0 0 rg BT 216.48 215.05 Td (launch ) Tj ET Q q 0 0 0 rg BT 251.95 215.05 Td (new ) Tj ET Q q 0 0 0 rg BT 275.19 215.05 Td (set-top ) Tj ET Q q 0 0 0 rg BT 311.87 215.05 Td (box ) Tj ET Q q 0 0 0 rg BT 332.66 215.05 Td (platform) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 199.48 cm /I17 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 201.85 Td (Sales ) Tj ET Q q 0 0 0 rg BT 147.04 201.85 Td (& ) Tj ET Q q 0 0 0 rg BT 156.41 201.85 Td (marketing: ) Tj ET Q q 0 0 0 rg BT 209.79 201.85 Td (increased ) Tj ET Q q 0 0 0 rg BT 259.51 201.85 Td (brand ) Tj ET Q q 0 0 0 rg BT 289.67 201.85 Td (and ) Tj ET Q q 0 0 0 rg BT 310.05 201.85 Td (sales ) Tj ET Q q 0 0 0 rg BT 337.75 201.85 Td (activity ) Tj ET Q q 0 0 0 rg BT 373.40 201.85 Td (supporting ) Tj ET Q q 0 0 0 rg BT 426.79 201.85 Td (Project ) Tj ET Q q 0 0 0 rg BT 463.05 201.85 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 509.73 201.85 Td (and ) Tj ET Q q 0 0 0 rg BT 530.11 201.85 Td (SOHO) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 175.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 175.45 Td (Rebased) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 125.53 180.70 Td (7 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 131.49 175.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 174.30 175.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 210.37 175.45 Td (of ) Tj ET Q q 0 0 0 rg BT 222.60 175.45 Td (4% ) Tj ET Q q 0 0 0 rg BT 241.56 175.45 Td (for ) Tj ET Q q 0 0 0 rg BT 257.45 175.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 275.18 175.45 Td (to ) Tj ET Q q 0 0 0 rg BT 287.41 175.45 Td (1,178 ) Tj ET Q q 0 0 0 rg BT 324.11 175.45 Td (million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 149.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 149.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 99.23 149.05 Td (rebased ) Tj ET Q q 0 0 0 rg BT 142.04 149.05 Td (Segment ) Tj ET Q q 0 0 0 rg BT 189.12 149.05 Td (OCF) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 212.34 154.30 Td (8) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 216.32 149.05 Td ( ) Tj ET Q q 0 0 0 rg BT 219.37 149.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 255.44 149.05 Td (of ) Tj ET Q q 0 0 0 rg BT 267.67 149.05 Td (4% ) Tj ET Q q 0 0 0 rg BT 286.63 149.05 Td (to ) Tj ET Q q 0 0 0 rg BT 298.86 149.05 Td (520 ) Tj ET Q q 0 0 0 rg BT 326.39 149.05 Td (million ) Tj ET Q q 0 0 0 rg BT 360.62 149.05 Td (and ) Tj ET Q q 0 0 0 rg BT 382.02 149.05 Td (Segment ) Tj ET Q q 0 0 0 rg BT 429.11 149.05 Td (OCF ) Tj ET Q q 0 0 0 rg BT 455.38 149.05 Td (margin) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 489.01 154.30 Td (9) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 492.98 149.05 Td ( ) Tj ET Q q 0 0 0 rg BT 496.04 149.05 Td (of ) Tj ET Q q 0 0 0 rg BT 508.27 149.05 Td (44.2%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 121.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 121.65 Td (Operating ) Tj ET Q q 0 0 0 rg BT 132.36 121.65 Td (income ) Tj ET Q q 0 0 0 rg BT 170.88 121.65 Td (of ) Tj ET Q q 0 0 0 rg BT 183.11 121.65 Td (89 ) Tj ET Q q 0 0 0 rg BT 204.52 121.65 Td (million ) Tj ET Q q 0 0 0 rg BT 238.75 121.65 Td (in ) Tj ET Q q 0 0 0 rg BT 250.37 121.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 268.10 121.65 Td (2016 ) Tj ET Q q 0 0 0 rg BT 295.62 121.65 Td (as ) Tj ET Q q 0 0 0 rg BT 310.30 121.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 362.27 121.65 Td (to ) Tj ET Q q 0 0 0 rg BT 374.50 121.65 Td (97 ) Tj ET Q q 0 0 0 rg BT 395.91 121.65 Td (million ) Tj ET Q q 0 0 0 rg BT 430.14 121.65 Td (in ) Tj ET Q q 0 0 0 rg BT 441.75 121.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 459.48 121.65 Td (2015 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 94.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 94.25 Td (Property ) Tj ET Q q 0 0 0 rg BT 125.27 94.25 Td (and ) Tj ET Q q 0 0 0 rg BT 145.81 94.25 Td (equipment ) Tj ET Q q 0 0 0 rg BT 199.38 94.25 Td (additions) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 243.41 99.50 Td (10 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 252.79 94.25 Td (as ) Tj ET Q q 0 0 0 rg BT 266.60 94.25 Td (a ) Tj ET Q q 0 0 0 rg BT 274.91 94.25 Td (percentage ) Tj ET Q q 0 0 0 rg BT 332.15 94.25 Td (of ) Tj ET Q q 0 0 0 rg BT 343.51 94.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 385.46 94.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 435.35 94.25 Td (by ) Tj ET Q q 0 0 0 rg BT 449.16 94.25 Td (160 ) Tj ET Q q 0 0 0 rg BT 469.71 94.25 Td (basis ) Tj ET Q q 0 0 0 rg BT 497.58 94.25 Td (points ) Tj ET Q q 0 0 0 rg BT 529.13 94.25 Td (to ) Tj ET Q q 0 0 0 rg BT 540.49 94.25 Td (22% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 81.05 Td (in ) Tj ET Q q 0 0 0 rg BT 93.12 81.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 110.85 81.05 Td (due ) Tj ET Q q 0 0 0 rg BT 132.26 81.05 Td (to ) Tj ET Q q 0 0 0 rg BT 144.49 81.05 Td (a ) Tj ET Q q 0 0 0 rg BT 153.66 81.05 Td (higher ) Tj ET Q q 0 0 0 rg BT 187.29 81.05 Td (level ) Tj ET Q q 0 0 0 rg BT 212.97 81.05 Td (of ) Tj ET Q q 0 0 0 rg BT 225.20 81.05 Td (new ) Tj ET Q q 0 0 0 rg BT 248.44 81.05 Td (build) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 50.45 Td (* ) Tj ET Q q 0 0 0 rg BT 54.69 50.45 Td (The ) Tj ET Q q 0 0 0 rg BT 70.70 50.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 102.27 50.45 Td (figures ) Tj ET Q q 0 0 0 rg BT 128.51 50.45 Td (contained ) Tj ET Q q 0 0 0 rg BT 165.43 50.45 Td (in ) Tj ET Q q 0 0 0 rg BT 173.88 50.45 Td (this ) Tj ET Q q 0 0 0 rg BT 188.55 50.45 Td (release ) Tj ET Q q 0 0 0 rg BT 217.01 50.45 Td (are ) Tj ET Q q 0 0 0 rg BT 230.79 50.45 Td (prepared ) Tj ET Q q 0 0 0 rg BT 265.04 50.45 Td (in ) Tj ET Q q 0 0 0 rg BT 273.49 50.45 Td (accordance ) Tj ET Q q 0 0 0 rg BT 317.07 50.45 Td (with ) Tj ET Q q 0 0 0 rg BT 333.52 50.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 351.30 50.45 Td (GAAP) Tj ET Q q 0 0 0 rg BT 372.50 50.45 Td (.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 374.72 54.27 Td (1) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 377.23 54.27 Td (1) Tj ET Q /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I18 Do Q endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.10 732.55 Td ( ) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 556.95 24.95 Td (3) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 45.00 709.85 Td (Operating Statistics Summary) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 685.35 m 282.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 685.35 m 286.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 685.35 m 338.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 685.35 m 342.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 685.35 m 394.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 685.35 m 398.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 685.35 m 450.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 685.35 m 454.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 685.35 m 506.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 685.35 m 510.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 685.35 m 562.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 685.35 m 282.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 671.35 m 282.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 685.35 m 450.5 685.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 671.35 m 450.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 671.35 m 506.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 671.35 m 562.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 671.35 m 282.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 671.35 m 286.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 671.35 m 338.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 671.35 m 342.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 671.35 m 394.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 671.35 m 450.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 671.35 m 454.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 671.35 m 506.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 671.35 m 510.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 671.35 m 562.5 671.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 570.35 m 282.5 570.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 570.35 m 338.5 570.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 570.35 m 394.5 570.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 570.35 m 450.5 570.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 570.35 m 506.5 570.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 570.35 m 562.5 570.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 528.35 m 282.5 528.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 515.35 m 282.5 515.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 513.35 m 282.5 513.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 528.35 m 338.5 528.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 515.35 m 338.5 515.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 513.35 m 338.5 513.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 528.35 m 394.5 528.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 515.35 m 394.5 515.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 513.35 m 394.5 513.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 528.35 m 450.5 528.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 515.35 m 450.5 515.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 513.35 m 450.5 513.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 528.35 m 506.5 528.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 515.35 m 506.5 515.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 513.35 m 506.5 513.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 528.35 m 562.5 528.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 515.35 m 562.5 515.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 513.35 m 562.5 513.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 469.35 m 282.5 469.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 469.35 m 338.5 469.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 469.35 m 394.5 469.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 469.35 m 450.5 469.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 469.35 m 506.5 469.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 469.35 m 562.5 469.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 426.35 m 282.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 426.35 m 338.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 426.35 m 394.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 426.35 m 450.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 426.35 m 506.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 426.35 m 562.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 426.35 m 282.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 413.35 m 282.5 413.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 411.35 m 282.5 411.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 426.35 m 338.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 413.35 m 338.5 413.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 411.35 m 338.5 411.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 426.35 m 394.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 413.35 m 394.5 413.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 411.35 m 394.5 411.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 426.35 m 450.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 413.35 m 450.5 413.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 411.35 m 450.5 411.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 426.35 m 506.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 413.35 m 506.5 413.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 411.35 m 506.5 411.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 426.35 m 562.5 426.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 413.35 m 562.5 413.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 411.35 m 562.5 411.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 175.35000000000002 m 282.5 175.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 162.35000000000002 m 282.5 162.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 160.35000000000002 m 282.5 160.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 175.35000000000002 m 338.5 175.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 162.35000000000002 m 338.5 162.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 160.35000000000002 m 338.5 160.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 175.35000000000002 m 394.5 175.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 162.35000000000002 m 394.5 162.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 160.35000000000002 m 394.5 160.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 175.35000000000002 m 450.5 175.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 162.35000000000002 m 450.5 162.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 160.35000000000002 m 450.5 160.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 175.35000000000002 m 506.5 175.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 162.35000000000002 m 506.5 162.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 160.35000000000002 m 506.5 160.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 175.35000000000002 m 562.5 175.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 162.35000000000002 m 562.5 162.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 160.35000000000002 m 562.5 160.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 128.35000000000002 m 282.5 128.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 115.35000000000002 m 282.5 115.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 113.35000000000002 m 282.5 113.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 128.35000000000002 m 338.5 128.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 115.35000000000002 m 338.5 115.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 113.35000000000002 m 338.5 113.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 128.35000000000002 m 394.5 128.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 115.35000000000002 m 394.5 115.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 113.35000000000002 m 394.5 113.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 128.35000000000002 m 450.5 128.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 115.35000000000002 m 450.5 115.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 113.35000000000002 m 450.5 113.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 128.35000000000002 m 506.5 128.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 115.35000000000002 m 506.5 115.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 113.35000000000002 m 506.5 113.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 128.35000000000002 m 562.5 128.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 115.35000000000002 m 562.5 115.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 113.35000000000002 m 562.5 113.35000000000002 l s BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 294.95 689.75 Td (As of and for the three months ended March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 301.95 675.75 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.95 675.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 48.00 662.30 Td (CABLE) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.00 662.30 Td (U.K.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 297.20 662.30 Td (Ireland) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 346.00 662.30 Td (Combined) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 415.00 662.30 Td (U.K.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 465.20 662.30 Td (Ireland) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.00 662.30 Td (Combined) Tj ET Q BT /F3 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 48 644.871728515625 m 87.48486328125 644.871728515625 l s q 0 0 0 rg BT 48.00 646.30 Td (Footprint) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 633.75 Td (Homes Passed) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 109.03 638.04 Td (12) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 119.45 633.30 Td (...........................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 234.75 633.58 Td (12,978,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 633.58 Td (836,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.80 633.63 Td (13,814,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 633.63 Td (12,660,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 633.58 Td (825,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.80 633.63 Td (13,486,400) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 619.75 Td (T) Tj ET Q q 0 0 0 rg BT 53.00 619.75 Td (wo-way Homes Passed) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 147.04 624.04 Td (13) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 156.95 619.30 Td (............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 234.75 619.58 Td (12,960,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 619.58 Td (775,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.80 619.63 Td (13,736,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 619.63 Td (12,632,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 619.58 Td (757,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.80 619.63 Td (13,389,600) Tj ET Q BT /F3 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 48 599.871728515625 m 133.52197265625 599.871728515625 l s q 0 0 0 rg BT 48.00 601.30 Td (Subscribers \(RGUs\)) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 133.52 605.59 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 588.75 Td (Basic V) Tj ET Q q 0 0 0 rg BT 78.35 588.75 Td (ideo) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 95.36 593.04 Td (14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.45 588.30 Td (.................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.85 588.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.30 588.58 Td (30,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 588.58 Td (30,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.80 588.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.35 588.63 Td (37,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 588.63 Td (37,500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 574.75 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 96.88 574.75 Td (ideo) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 113.89 579.04 Td (15) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 124.45 574.30 Td (.........................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 574.58 Td (3,719,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 574.58 Td (301,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 574.63 Td (4,021,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 574.63 Td (3,749,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 574.58 Td (321,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 574.63 Td (4,070,500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 560.75 Td (Total Video) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.45 560.30 Td (.................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 560.58 Td (3,719,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 560.58 Td (332,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 560.63 Td (4,052,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 560.63 Td (3,749,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 560.58 Td (359,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 560.63 Td (4,108,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 546.75 Td (Internet) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 78.52 551.04 Td (4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 86.95 546.30 Td (........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 546.58 Td (4,765,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 546.58 Td (367,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 546.63 Td (5,133,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 546.63 Td (4,563,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 546.58 Td (365,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 546.63 Td (4,929,500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 532.75 Td (T) Tj ET Q q 0 0 0 rg BT 52.50 532.75 Td (elephony) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 89.03 537.04 Td (5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 96.95 532.30 Td (....................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 532.58 Td (4,357,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 532.58 Td (355,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 532.63 Td (4,712,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 532.63 Td (4,223,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 532.58 Td (349,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 532.63 Td (4,573,400) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 518.75 Td (Total RGUs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 106.95 518.30 Td (................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 234.75 518.58 Td (12,842,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.25 518.63 Td (1,055,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.80 518.63 Td (13,897,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 518.63 Td (12,536,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 463.25 518.63 Td (1,074,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.80 518.63 Td (13,610,900) Tj ET Q BT /F3 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 48 498.871728515625 m 219.18896484375 498.871728515625 l s q 0 0 0 rg BT 48.00 500.30 Td (Q1 Organic RGU Net Additions \(Losses\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 487.75 Td (Basic Video) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 99.45 487.30 Td (...................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.85 487.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.15 487.58 Td (\(1,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 487.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.15 487.58 Td (\(1,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 487.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.80 487.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.15 487.58 Td (\(2,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 487.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.15 487.58 Td (\(2,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 487.58 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 473.75 Td (Enhanced Video) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 116.95 473.30 Td (............................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 252.15 473.58 Td (\(7,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 473.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.15 473.58 Td (\(9,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 473.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.70 473.58 Td (\(16,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 473.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.70 473.58 Td (\(11,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 473.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.70 473.58 Td (\(11,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 473.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.70 473.58 Td (\(23,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 473.58 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 459.75 Td (Total Video) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.45 459.30 Td (.................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 252.15 459.58 Td (\(7,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 459.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 303.70 459.58 Td (\(10,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 459.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.70 459.58 Td (\(17,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 459.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.70 459.58 Td (\(11,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 459.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.70 459.58 Td (\(14,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 459.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.70 459.58 Td (\(25,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 459.58 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 444.75 Td (Internet) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 81.95 444.30 Td (..........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.35 444.58 Td (70,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.15 444.58 Td (\(3,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 444.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 444.58 Td (66,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.30 444.58 Td (27,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.80 444.63 Td (2,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 444.63 Td (29,500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 430.75 Td (Telephony) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 91.95 430.30 Td (......................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.35 430.58 Td (46,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.15 430.58 Td (\(2,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 430.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 430.58 Td (43,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.80 430.63 Td (7,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.80 430.63 Td (5,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 430.63 Td (12,500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 416.75 Td (Total organic RGU net additions \(losses\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 219.45 416.30 Td (...) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.85 416.58 Td (110,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 303.70 416.58 Td (\(17,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 416.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 416.58 Td (92,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.30 416.58 Td (23,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.15 416.58 Td (\(6,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 416.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 416.63 Td (16,400) Tj ET Q BT /F3 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 48 396.871728515625 m 151.517578125 396.871728515625 l s q 0 0 0 rg BT 48.00 398.30 Td (Customer Relationships) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 385.75 Td (Customer Relationships) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 143.54 390.04 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 149.45 385.30 Td (...............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 385.58 Td (5,170,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 385.58 Td (468,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 385.63 Td (5,638,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 385.63 Td (5,026,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 385.58 Td (484,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 385.63 Td (5,510,600) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 372.30 Td (Q1 Organic Customer Relationship net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 363.35 Td (additions \(losses\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 129.45 363.35 Td (.......................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.35 365.58 Td (54,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.15 365.58 Td (\(7,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 365.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 365.58 Td (47,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.80 365.63 Td (9,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.15 365.58 Td (\(4,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 365.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.80 365.63 Td (5,300) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 346.75 Td (RGUs per Customer Relationship) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 184.45 346.30 Td (.................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 346.58 Td (2.48) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.25 346.63 Td (2.25) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 346.63 Td (2.46) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 346.63 Td (2.49) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.25 346.63 Td (2.22) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.25 346.63 Td (2.47) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 333.30 Td (Q1 Monthly ) Tj ET Q q 0 0 0 rg BT 96.02 333.30 Td (ARPU per Customer ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 324.30 Td (Relationship) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 106.53 328.59 Td (6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 114.45 324.30 Td (.............................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.00 324.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.80 324.63 Td (49.82) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.00 324.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.80 324.63 Td (55.00) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.00 324.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.80 324.63 Td (49.20) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.00 324.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.80 324.63 Td (49.25) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.00 324.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.80 324.63 Td (53.27) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.00 324.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.80 324.63 Td (48.35) Tj ET Q BT /F3 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 48 304.871728515625 m 131.49609375 304.871728515625 l s q 0 0 0 rg BT 48.00 306.30 Td (Customer Bundling) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 293.75 Td (Single-Play) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 96.95 293.30 Td (....................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 293.58 Td (16.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 293.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.25 293.63 Td (21.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 293.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 293.63 Td (16.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 293.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 293.63 Td (16.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 293.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.25 293.63 Td (28.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 293.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.25 293.63 Td (17.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 293.58 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 279.75 Td (Double-Play) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 101.95 279.30 Td (..................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 279.58 Td (19.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 279.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.25 279.63 Td (31.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 279.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 279.63 Td (20.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 279.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 279.63 Td (17.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 279.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.25 279.63 Td (27.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 279.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.25 279.63 Td (18.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 279.58 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 265.75 Td (Triple-Play) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 94.45 265.30 Td (.....................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 265.58 Td (64.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 265.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.25 265.63 Td (47.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 265.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 265.63 Td (63.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 265.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 265.63 Td (65.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 265.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.25 265.63 Td (44.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 265.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.25 265.63 Td (63.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 265.58 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 245.75 Td (Fixed-mobile Convergence) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 155.55 250.04 Td (16) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 164.45 245.30 Td (.........................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 245.58 Td (20.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 245.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.70 245.58 Td (2.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 245.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 245.63 Td (19.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 245.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 245.63 Td (20.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 245.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.85 245.58 Td (n/a) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.25 245.63 Td (20.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 245.58 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 48.00 227.30 Td (MOBILE) Tj ET Q BT /F3 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 48 208.32172851562495 m 131.021484375 208.32172851562495 l s q 0 0 0 rg BT 48.00 209.75 Td (Mobile Subscribers) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 131.02 214.04 Td (17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 194.75 Td (Postpaid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 86.95 194.30 Td (........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 194.58 Td (2,304,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.30 194.58 Td (10,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 194.63 Td (2,314,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 194.63 Td (2,128,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 194.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 194.63 Td (2,128,200) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 179.75 Td (Prepaid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 81.95 179.30 Td (..........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.85 179.58 Td (693,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.80 179.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.90 179.58 Td (693,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.90 179.58 Td (879,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 179.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.90 179.58 Td (879,100) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 165.75 Td (Total Mobile subscribers) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 156.95 165.30 Td (............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 165.58 Td (2,997,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.30 165.58 Td (10,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 165.63 Td (3,007,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 165.63 Td (3,007,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 165.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 165.63 Td (3,007,300) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 146.75 Td (Q1 Postpaid net additions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 154.45 146.30 Td (.............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.35 146.58 Td (43,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.80 146.63 Td (2,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 146.58 Td (46,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.30 146.58 Td (18,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 146.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 146.63 Td (18,800) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 132.75 Td (Q1 Prepaid net losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 139.45 132.30 Td (...................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 247.70 132.58 Td (\(62,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 132.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.80 132.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.70 132.58 Td (\(62,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 132.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.70 132.58 Td (\(64,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 132.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 132.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.70 132.58 Td (\(64,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 132.58 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 118.75 Td (Total organic Mobile net additions \(losses\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 247.70 118.58 Td (\(19,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 118.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.80 118.63 Td (2,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.70 118.58 Td (\(16,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 118.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.70 118.58 Td (\(45,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 118.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 118.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.70 118.58 Td (\(45,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 118.58 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 99.75 Td (Q1 Monthly ) Tj ET Q q 0 0 0 rg BT 96.02 99.75 Td (ARPU per Mobile Subscriber) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 211.07 104.04 Td (18) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 85.75 Td (Excluding interconnect revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 184.45 85.30 Td (.................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.00 85.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.80 85.63 Td (11.90) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.00 85.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.80 85.63 Td (11.49) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.00 85.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.80 85.63 Td (11.89) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.00 85.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.80 85.63 Td (12.80) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.85 85.58 Td (n/a) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.00 85.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.80 85.63 Td (12.80) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 71.75 Td (Including interconnect revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 181.95 71.30 Td (..................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.00 71.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.80 71.63 Td (13.69) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.00 71.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.80 71.63 Td (17.90) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.00 71.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.80 71.63 Td (13.69) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.00 71.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.80 71.63 Td (14.77) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.85 71.58 Td (n/a) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.00 71.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.80 71.63 Td (14.77) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I19 Do Q endstream endobj 9 0 obj <> endobj 10 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.10 732.55 Td ( ) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 556.95 24.95 Td (4) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 45.00 709.85 Td (Financial Results, Segment OCF Reconciliation & Property and Equipment ) Tj ET Q BT /F2 14.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 45.00 693.05 Td (Additions ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 45.00 671.45 Td (The ) Tj ET Q q 0 0 0 rg BT 66.11 671.45 Td (following ) Tj ET Q q 0 0 0 rg BT 111.07 671.45 Td (table ) Tj ET Q q 0 0 0 rg BT 137.07 671.45 Td (reflects ) Tj ET Q q 0 0 0 rg BT 174.68 671.45 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 230.63 671.45 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 281.11 671.45 Td (selected ) Tj ET Q q 0 0 0 rg BT 324.23 671.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 366.75 671.45 Td (results ) Tj ET Q q 0 0 0 rg BT 401.30 671.45 Td (for ) Tj ET Q q 0 0 0 rg BT 416.29 671.45 Td (the ) Tj ET Q q 0 0 0 rg BT 433.74 671.45 Td (three ) Tj ET Q q 0 0 0 rg BT 460.97 671.45 Td (months ) Tj ET Q q 0 0 0 rg BT 499.19 671.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 531.94 671.45 Td (March ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 658.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 63.35 658.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 93.93 658.25 Td (and ) Tj ET Q q 0 0 0 rg BT 115.34 658.25 Td (2015.) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 142.87 658.25 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 625.75 m 415.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 625.75 m 419.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 625.75 m 488.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 625.75 m 415.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 613.75 m 415.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 625.75 m 488.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 613.75 m 488.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 613.75 m 559.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 547.75 m 415.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 547.75 m 488.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 547.75 m 559.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 505.75 m 415.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 492.75 m 415.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 490.75 m 415.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 505.75 m 488.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 492.75 m 488.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 490.75 m 488.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 505.75 m 559.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 492.75 m 559.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 490.75 m 559.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 424.75 m 559.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 422.75 m 559.5 422.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 367.75 m 415.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 367.75 m 415.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 354.75 m 415.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 352.75 m 415.5 352.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 367.75 m 488.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 354.75 m 488.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 352.75 m 488.5 352.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 333.75 m 415.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 331.75 m 415.5 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 333.75 m 488.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 331.75 m 488.5 331.75 l s BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 352.20 630.15 Td (Three months ended March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.70 627.15 Td (Rebased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.95 618.15 Td (Change) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 370.95 616.70 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 443.45 616.70 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 388.70 604.75 Td (in millions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 48 591.5439453125 m 88.029296875 591.5439453125 l s q 0 0 0 rg BT 48.00 592.97 Td (Revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 579.97 Td (Subscription revenue:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 61.50 565.97 Td (Cable) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 91.15 565.97 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.00 565.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.05 565.97 Td (828.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.00 565.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.05 565.97 Td (803.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.80 565.97 Td (3.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 546.75 565.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 61.50 551.97 Td (Mobile) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 93.95 551.97 Td (..........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.05 551.97 Td (107.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.05 551.97 Td (116.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.50 551.97 Td (\(7.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 546.75 551.97 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 537.97 Td (Total subscription revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.40 537.97 Td (........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.05 537.97 Td (936.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.05 537.97 Td (919.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.80 537.97 Td (1.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 546.75 537.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 523.97 Td (Business revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 130.05 523.97 Td (.............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.05 523.97 Td (163.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.05 523.97 Td (156.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.80 523.97 Td (4.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 546.75 523.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 509.97 Td (Other revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 116.15 509.97 Td (..................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.60 509.97 Td (78.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.60 509.97 Td (54.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.25 509.97 Td (33.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 546.75 509.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.00 495.97 Td (Total revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 118.95 495.97 Td (.................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.00 495.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.70 495.97 Td (1,177.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.00 495.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.70 495.97 Td (1,129.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.80 495.97 Td (3.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 546.75 495.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 48 480.5439453125 m 138.615234375 480.5439453125 l s q 0 0 0 rg BT 48.00 481.97 Td (Geographic revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 468.97 Td (U.K.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.70 468.97 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.00 468.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.70 468.97 Td (1,102.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.00 468.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.70 468.97 Td (1,064.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.80 468.97 Td (3.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 546.75 468.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 454.97 Td (Ireland) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 82.80 454.97 Td (..............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.00 454.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.60 454.97 Td (75.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.00 454.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.60 454.97 Td (65.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.80 454.97 Td (1.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 546.75 454.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 48 439.5439453125 m 111.9111328125 439.5439453125 l s q 0 0 0 rg BT 48.00 440.97 Td (Segment OCF) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 427.97 Td (Segment OCF) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 116.15 427.97 Td (..................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.00 427.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.05 427.97 Td (520.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.00 427.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.05 427.97 Td (504.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.80 427.97 Td (3.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 546.75 427.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 413.97 Td (Share-based compensation expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 213.40 413.97 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.85 413.97 Td (\(6.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.10 413.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.30 413.97 Td (\(10.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.10 413.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 399.97 Td (Related-party fees and allocations, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 221.75 399.97 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.30 399.97 Td (\(24.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.10 399.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.30 399.97 Td (\(19.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.10 399.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 385.97 Td (Depreciation and amortisation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.85 385.97 Td (..........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.70 385.97 Td (\(396.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.10 385.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.70 385.97 Td (\(381.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.10 385.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 371.97 Td (Impairment, restructuring and other operating items, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.75 371.97 Td (.................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.85 371.97 Td (\(3.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.10 371.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.15 371.97 Td (5.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 357.97 Td (Operating income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.60 357.97 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.00 357.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.60 357.97 Td (89.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.00 357.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.60 357.97 Td (97.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 337.37 Td (Segment OCF as a percentage of revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 238.40 336.97 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.60 337.37 Td (44.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.10 337.37 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.60 337.37 Td (44.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.10 337.37 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 311.65 Td (The table below highlights the categories of our property and equipment additions for the indicated periods ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 298.45 Td (and reconciles those additions to the capital expenditures that we present in our condensed consolidated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 285.25 Td (statements of cash flows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 252.75 m 486.5 252.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 252.75 m 490.5 252.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 252.75 m 559.5 252.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 252.75 m 486.5 252.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 239.75 m 486.5 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 252.75 m 559.5 252.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 239.75 m 559.5 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 151.75 m 486.5 151.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 151.75 m 559.5 151.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 95.75 m 486.5 95.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 82.75 m 486.5 82.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 80.75 m 486.5 80.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 95.75 m 559.5 95.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 82.75 m 559.5 82.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 80.75 m 559.5 80.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 64.75 m 486.5 64.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 62.75 m 486.5 62.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 64.75 m 559.5 64.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 62.75 m 559.5 62.75 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.20 257.15 Td (Three months ended March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 441.95 243.70 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.45 243.70 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.20 230.75 Td (in millions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 211.97 Td (Customer premises equipment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 187.15 211.97 Td (..................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 211.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.60 211.97 Td (76.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.00 211.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.60 211.97 Td (78.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 197.97 Td (Scalable infrastructure) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 151.05 197.97 Td (...............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.60 197.97 Td (46.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.60 197.97 Td (45.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 183.97 Td (Line extensions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 120.45 183.97 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.60 183.97 Td (53.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.60 183.97 Td (28.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 169.97 Td (Upgrade/rebuild) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.25 169.97 Td (.........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.60 169.97 Td (19.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.60 169.97 Td (19.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 155.97 Td (Support capital) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 117.70 155.97 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.60 155.97 Td (62.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.60 155.97 Td (58.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.00 141.97 Td (Property and equipment additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 209.40 141.97 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.05 141.97 Td (257.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.05 141.97 Td (229.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 127.97 Td (Assets acquired under capital-related vendor financing arrangements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 127.97 Td (.....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.70 127.97 Td (\(112.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.10 127.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.30 127.97 Td (\(61.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.10 127.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 113.97 Td (Assets acquired under capital leases) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 214.95 113.97 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.85 113.97 Td (\(7.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.10 113.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.30 113.97 Td (\(12.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.10 113.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 99.97 Td (Changes in liabilities related to capital expenditures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.85 99.97 Td (.................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.15 99.97 Td (7.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.85 99.97 Td (\(2.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.10 99.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 75.00 85.97 Td (T) Tj ET Q q 0 0 0 rg BT 80.00 85.97 Td (otal capital expenditures) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 187.85 90.74 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.25 85.97 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 85.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.05 85.97 Td (145.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.00 85.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.05 85.97 Td (153.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 67.97 Td (Property and equipment additions as a percentage of revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.30 67.97 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.60 67.97 Td (21.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.10 67.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.60 67.97 Td (20.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.10 67.97 Td (%) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I20 Do Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.10 732.55 Td ( ) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 556.95 24.95 Td (5) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 45.00 709.85 Td (Subscriber Statistics) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 45.00 685.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 65.45 685.85 Td (first ) Tj ET Q q 0 0 0 rg BT 85.29 685.85 Td (quarter ) Tj ET Q q 0 0 0 rg BT 122.25 685.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 148.81 685.85 Td (and ) Tj ET Q q 0 0 0 rg BT 169.28 685.85 Td (customer ) Tj ET Q q 0 0 0 rg BT 216.63 685.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 262.78 685.85 Td (showed ) Tj ET Q q 0 0 0 rg BT 302.81 685.85 Td (continued ) Tj ET Q q 0 0 0 rg BT 352.63 685.85 Td (momentum ) Tj ET Q q 0 0 0 rg BT 409.76 685.85 Td (as ) Tj ET Q q 0 0 0 rg BT 423.49 685.85 Td (we ) Tj ET Q q 0 0 0 rg BT 439.67 685.85 Td (delivered ) Tj ET Q q 0 0 0 rg BT 486.42 685.85 Td (significant ) Tj ET Q q 0 0 0 rg BT 537.45 685.85 Td (year-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 672.65 Td (over-year ) Tj ET Q q 0 0 0 rg BT 95.10 672.65 Td (growth. ) Tj ET Q q 0 0 0 rg BT 134.81 672.65 Td (Our ) Tj ET Q q 0 0 0 rg BT 156.79 672.65 Td (48,000 ) Tj ET Q q 0 0 0 rg BT 194.07 672.65 Td (organic ) Tj ET Q q 0 0 0 rg BT 233.79 672.65 Td (customer ) Tj ET Q q 0 0 0 rg BT 282.66 672.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 330.34 672.65 Td (in ) Tj ET Q q 0 0 0 rg BT 342.54 672.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 360.85 672.65 Td (compare ) Tj ET Q q 0 0 0 rg BT 407.29 672.65 Td (with ) Tj ET Q q 0 0 0 rg BT 430.49 672.65 Td (5,000 ) Tj ET Q q 0 0 0 rg BT 461.66 672.65 Td (in ) Tj ET Q q 0 0 0 rg BT 473.86 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 492.79 672.65 Td (corresponding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 659.45 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 96.48 659.45 Td (period. ) Tj ET Q q 0 0 0 rg BT 134.53 659.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 157.29 659.45 Td (record ) Tj ET Q q 0 0 0 rg BT 192.88 659.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 242.54 659.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 279.97 659.45 Td (in ) Tj ET Q q 0 0 0 rg BT 292.95 659.45 Td (the ) Tj ET Q q 0 0 0 rg BT 312.66 659.45 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 338.47 659.45 Td (has ) Tj ET Q q 0 0 0 rg BT 360.62 659.45 Td (contributed ) Tj ET Q q 0 0 0 rg BT 419.46 659.45 Td (to ) Tj ET Q q 0 0 0 rg BT 433.05 659.45 Td (our ) Tj ET Q q 0 0 0 rg BT 453.37 659.45 Td (144,000 ) Tj ET Q q 0 0 0 rg BT 497.55 659.45 Td (net ) Tj ET Q q 0 0 0 rg BT 517.26 659.45 Td (customer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 646.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 93.13 646.25 Td (over ) Tj ET Q q 0 0 0 rg BT 118.63 646.25 Td (the ) Tj ET Q q 0 0 0 rg BT 138.02 646.25 Td (last ) Tj ET Q q 0 0 0 rg BT 159.24 646.25 Td (twelve ) Tj ET Q q 0 0 0 rg BT 194.52 646.25 Td (months, ) Tj ET Q q 0 0 0 rg BT 237.75 646.25 Td (helped ) Tj ET Q q 0 0 0 rg BT 274.88 646.25 Td (by ) Tj ET Q q 0 0 0 rg BT 290.60 646.25 Td (a ) Tj ET Q q 0 0 0 rg BT 300.82 646.25 Td (continued ) Tj ET Q q 0 0 0 rg BT 352.63 646.25 Td (reduction ) Tj ET Q q 0 0 0 rg BT 401.98 646.25 Td (in ) Tj ET Q q 0 0 0 rg BT 414.64 646.25 Td (churn. ) Tj ET Q q 0 0 0 rg BT 449.31 646.25 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 474.81 646.25 Td (and ) Tj ET Q q 0 0 0 rg BT 497.26 646.25 Td (Ireland ) Tj ET Q q 0 0 0 rg BT 535.00 646.25 Td (churn ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 633.05 Td (decreased ) Tj ET Q q 0 0 0 rg BT 98.52 633.05 Td (from ) Tj ET Q q 0 0 0 rg BT 122.68 633.05 Td (14.5% ) Tj ET Q q 0 0 0 rg BT 156.02 633.05 Td (in ) Tj ET Q q 0 0 0 rg BT 166.74 633.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 183.57 633.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 210.19 633.05 Td (to ) Tj ET Q q 0 0 0 rg BT 221.52 633.05 Td (14.1% ) Tj ET Q q 0 0 0 rg BT 254.87 633.05 Td (in ) Tj ET Q q 0 0 0 rg BT 265.58 633.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 282.41 633.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 309.04 633.05 Td (and ) Tj ET Q q 0 0 0 rg BT 329.55 633.05 Td (over ) Tj ET Q q 0 0 0 rg BT 353.10 633.05 Td (the ) Tj ET Q q 0 0 0 rg BT 370.54 633.05 Td (same ) Tj ET Q q 0 0 0 rg BT 399.60 633.05 Td (period ) Tj ET Q q 0 0 0 rg BT 431.90 633.05 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 464.62 633.05 Td (increased ) Tj ET Q q 0 0 0 rg BT 514.47 633.05 Td (to ) Tj ET Q q 0 0 0 rg BT 525.80 633.05 Td (49.20, ) Tj ET Q q 0 0 0 rg BT 565.55 633.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 619.85 Td (up ) Tj ET Q q 0 0 0 rg BT 60.29 619.85 Td (1.5% ) Tj ET Q q 0 0 0 rg BT 88.42 619.85 Td (on ) Tj ET Q q 0 0 0 rg BT 103.71 619.85 Td (an ) Tj ET Q q 0 0 0 rg BT 119.00 619.85 Td (FX-neutral) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 170.36 625.10 Td (20 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 180.29 619.85 Td (basis.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 593.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 72.56 593.45 Td (performance ) Tj ET Q q 0 0 0 rg BT 137.44 593.45 Td (improved ) Tj ET Q q 0 0 0 rg BT 185.80 593.45 Td (across ) Tj ET Q q 0 0 0 rg BT 221.31 593.45 Td (each ) Tj ET Q q 0 0 0 rg BT 248.29 593.45 Td (of ) Tj ET Q q 0 0 0 rg BT 260.58 593.45 Td (our ) Tj ET Q q 0 0 0 rg BT 279.60 593.45 Td (four ) Tj ET Q q 0 0 0 rg BT 301.68 593.45 Td (products ) Tj ET Q q 0 0 0 rg BT 346.99 593.45 Td (year-over-year) Tj ET Q q 0 0 0 rg BT 417.90 593.45 Td (, ) Tj ET Q q 0 0 0 rg BT 424.08 593.45 Td (with ) Tj ET Q q 0 0 0 rg BT 446.76 593.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 482.89 593.45 Td (coming ) Tj ET Q q 0 0 0 rg BT 521.47 593.45 Td (from ) Tj ET Q q 0 0 0 rg BT 546.59 593.45 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 580.25 Td (existing ) Tj ET Q q 0 0 0 rg BT 85.59 580.25 Td (cable ) Tj ET Q q 0 0 0 rg BT 115.19 580.25 Td (footprint ) Tj ET Q q 0 0 0 rg BT 158.23 580.25 Td (and ) Tj ET Q q 0 0 0 rg BT 179.88 580.25 Td (new ) Tj ET Q q 0 0 0 rg BT 203.35 580.25 Td (build ) Tj ET Q q 0 0 0 rg BT 229.89 580.25 Td (homes ) Tj ET Q q 0 0 0 rg BT 266.20 580.25 Td (added ) Tj ET Q q 0 0 0 rg BT 300.09 580.25 Td (as ) Tj ET Q q 0 0 0 rg BT 315.00 580.25 Td (part ) Tj ET Q q 0 0 0 rg BT 337.25 580.25 Td (of ) Tj ET Q q 0 0 0 rg BT 349.72 580.25 Td (Project ) Tj ET Q q 0 0 0 rg BT 387.26 580.25 Td (Lightning. ) Tj ET Q q 0 0 0 rg BT 438.26 580.25 Td (Strong ) Tj ET Q q 0 0 0 rg BT 473.96 580.25 Td (demand ) Tj ET Q q 0 0 0 rg BT 517.01 580.25 Td (has ) Tj ET Q q 0 0 0 rg BT 538.04 580.25 Td (been ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 567.05 Td (driven ) Tj ET Q q 0 0 0 rg BT 78.47 567.05 Td (by ) Tj ET Q q 0 0 0 rg BT 93.60 567.05 Td (our ) Tj ET Q q 0 0 0 rg BT 113.01 567.05 Td (winter ) Tj ET Q q 0 0 0 rg BT 145.86 567.05 Td (marketing ) Tj ET Q q 0 0 0 rg BT 197.66 567.05 Td (campaigns, ) Tj ET Q q 0 0 0 rg BT 257.43 567.05 Td (which ) Tj ET Q q 0 0 0 rg BT 289.06 567.05 Td (highlighted ) Tj ET Q q 0 0 0 rg BT 345.78 567.05 Td (our ) Tj ET Q q 0 0 0 rg BT 365.19 567.05 Td (broadband ) Tj ET Q q 0 0 0 rg BT 421.30 567.05 Td (speed ) Tj ET Q q 0 0 0 rg BT 454.78 567.05 Td (leadership. ) Tj ET Q q 0 0 0 rg BT 512.10 567.05 Td (W) Tj ET Q q 0 0 0 rg BT 522.29 567.05 Td (e ) Tj ET Q q 0 0 0 rg BT 531.92 567.05 Td (added ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 553.85 Td (93,000 ) Tj ET Q q 0 0 0 rg BT 81.08 553.85 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 113.46 553.85 Td (on ) Tj ET Q q 0 0 0 rg BT 128.13 553.85 Td (an ) Tj ET Q q 0 0 0 rg BT 142.80 553.85 Td (organic ) Tj ET Q q 0 0 0 rg BT 181.31 553.85 Td (basis ) Tj ET Q q 0 0 0 rg BT 209.42 553.85 Td (in ) Tj ET Q q 0 0 0 rg BT 220.42 553.85 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 240.58 553.85 Td (77,000 ) Tj ET Q q 0 0 0 rg BT 276.66 553.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 309.67 553.85 Td (than ) Tj ET Q q 0 0 0 rg BT 333.51 553.85 Td (the ) Tj ET Q q 0 0 0 rg BT 351.24 553.85 Td (16,000 ) Tj ET Q q 0 0 0 rg BT 387.32 553.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 414.20 553.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 460.66 553.85 Td (in ) Tj ET Q q 0 0 0 rg BT 471.66 553.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 488.77 553.85 Td (2015. ) Tj ET Q q 0 0 0 rg BT 518.73 553.85 Td (W) Tj ET Q q 0 0 0 rg BT 528.91 553.85 Td (e ) Tj ET Q q 0 0 0 rg BT 537.46 553.85 Td (more ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 540.65 Td (than ) Tj ET Q q 0 0 0 rg BT 69.31 540.65 Td (doubled ) Tj ET Q q 0 0 0 rg BT 111.36 540.65 Td (our ) Tj ET Q q 0 0 0 rg BT 130.16 540.65 Td (internet ) Tj ET Q q 0 0 0 rg BT 169.76 540.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 216.69 540.65 Td (to ) Tj ET Q q 0 0 0 rg BT 228.77 540.65 Td (67,000, ) Tj ET Q q 0 0 0 rg BT 268.37 540.65 Td (more ) Tj ET Q q 0 0 0 rg BT 296.33 540.65 Td (than ) Tj ET Q q 0 0 0 rg BT 320.65 540.65 Td (tripled ) Tj ET Q q 0 0 0 rg BT 353.51 540.65 Td (our ) Tj ET Q q 0 0 0 rg BT 372.31 540.65 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 419.23 540.65 Td (telephony ) Tj ET Q q 0 0 0 rg BT 469.84 540.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 516.78 540.65 Td (to ) Tj ET Q q 0 0 0 rg BT 528.85 540.65 Td (44,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 527.45 Td (and ) Tj ET Q q 0 0 0 rg BT 65.61 527.45 Td (reduced ) Tj ET Q q 0 0 0 rg BT 107.61 527.45 Td (our ) Tj ET Q q 0 0 0 rg BT 125.76 527.45 Td (video ) Tj ET Q q 0 0 0 rg BT 154.31 527.45 Td (attrition ) Tj ET Q q 0 0 0 rg BT 192.64 527.45 Td (by ) Tj ET Q q 0 0 0 rg BT 206.51 527.45 Td (8,000 ) Tj ET Q q 0 0 0 rg BT 236.29 527.45 Td (to ) Tj ET Q q 0 0 0 rg BT 247.72 527.45 Td (18,000 ) Tj ET Q q 0 0 0 rg BT 283.62 527.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 334.78 527.45 Td (to ) Tj ET Q q 0 0 0 rg BT 346.21 527.45 Td (the ) Tj ET Q q 0 0 0 rg BT 363.76 527.45 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 435.72 527.45 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 485.04 527.45 Td (period. ) Tj ET Q q 0 0 0 rg BT 520.93 527.45 Td (Demand ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 514.25 Td (for ) Tj ET Q q 0 0 0 rg BT 61.63 514.25 Td (faster ) Tj ET Q q 0 0 0 rg BT 92.93 514.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 149.32 514.25 Td (speeds ) Tj ET Q q 0 0 0 rg BT 188.58 514.25 Td (and ) Tj ET Q q 0 0 0 rg BT 210.73 514.25 Td (our ) Tj ET Q q 0 0 0 rg BT 230.42 514.25 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 310.40 514.25 Td (T) Tj ET Q q 0 0 0 rg BT 316.71 514.25 Td (iV) Tj ET Q q 0 0 0 rg BT 325.89 514.25 Td (o ) Tj ET Q q 0 0 0 rg BT 335.80 514.25 Td (and ) Tj ET Q q 0 0 0 rg BT 357.94 514.25 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 399.39 514.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 417.23 514.25 Td (video ) Tj ET Q q 0 0 0 rg BT 447.32 514.25 Td (services ) Tj ET Q q 0 0 0 rg BT 491.45 514.25 Td (remain ) Tj ET Q q 0 0 0 rg BT 528.87 514.25 Td (robust. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 501.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 67.49 501.05 Td (ultrafast ) Tj ET Q q 0 0 0 rg BT 110.77 501.05 Td (speeds ) Tj ET Q q 0 0 0 rg BT 150.40 501.05 Td (of ) Tj ET Q q 0 0 0 rg BT 163.73 501.05 Td (100 ) Tj ET Q q 0 0 0 rg BT 186.23 501.05 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 217.29 501.05 Td (and ) Tj ET Q q 0 0 0 rg BT 239.79 501.05 Td (higher ) Tj ET Q q 0 0 0 rg BT 274.53 501.05 Td (are ) Tj ET Q q 0 0 0 rg BT 294.58 501.05 Td (now ) Tj ET Q q 0 0 0 rg BT 318.91 501.05 Td (taken ) Tj ET Q q 0 0 0 rg BT 349.98 501.05 Td (by ) Tj ET Q q 0 0 0 rg BT 365.75 501.05 Td (nearly ) Tj ET Q q 0 0 0 rg BT 399.86 501.05 Td (half ) Tj ET Q q 0 0 0 rg BT 421.75 501.05 Td (of ) Tj ET Q q 0 0 0 rg BT 435.08 501.05 Td (our ) Tj ET Q q 0 0 0 rg BT 455.13 501.05 Td (5.1 ) Tj ET Q q 0 0 0 rg BT 474.58 501.05 Td (million ) Tj ET Q q 0 0 0 rg BT 509.91 501.05 Td (broadband ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 487.85 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 106.63 487.85 Td (up ) Tj ET Q q 0 0 0 rg BT 121.19 487.85 Td (from ) Tj ET Q q 0 0 0 rg BT 145.52 487.85 Td (36% ) Tj ET Q q 0 0 0 rg BT 169.86 487.85 Td (in ) Tj ET Q q 0 0 0 rg BT 180.75 487.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 197.75 487.85 Td (2015. ) Tj ET Q q 0 0 0 rg BT 227.46 487.85 Td (T) Tj ET Q q 0 0 0 rg BT 232.96 487.85 Td (otal ) Tj ET Q q 0 0 0 rg BT 253.02 487.85 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 319.54 487.85 Td (to ) Tj ET Q q 0 0 0 rg BT 330.89 487.85 Td (T) Tj ET Q q 0 0 0 rg BT 337.20 487.85 Td (iV) Tj ET Q q 0 0 0 rg BT 346.38 487.85 Td (o ) Tj ET Q q 0 0 0 rg BT 354.82 487.85 Td (in ) Tj ET Q q 0 0 0 rg BT 365.71 487.85 Td (the ) Tj ET Q q 0 0 0 rg BT 383.33 487.85 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 407.05 487.85 Td (and ) Tj ET Q q 0 0 0 rg BT 427.74 487.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 467.97 487.85 Td (in ) Tj ET Q q 0 0 0 rg BT 478.86 487.85 Td (Ireland ) Tj ET Q q 0 0 0 rg BT 514.82 487.85 Td (increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 474.65 Td (by ) Tj ET Q q 0 0 0 rg BT 59.67 474.65 Td (81,000 ) Tj ET Q q 0 0 0 rg BT 96.37 474.65 Td (in ) Tj ET Q q 0 0 0 rg BT 107.99 474.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 125.72 474.65 Td (and ) Tj ET Q q 0 0 0 rg BT 147.13 474.65 Td (now ) Tj ET Q q 0 0 0 rg BT 170.37 474.65 Td (represent ) Tj ET Q q 0 0 0 rg BT 219.89 474.65 Td (78% ) Tj ET Q q 0 0 0 rg BT 244.97 474.65 Td (of ) Tj ET Q q 0 0 0 rg BT 257.20 474.65 Td (our ) Tj ET Q q 0 0 0 rg BT 276.15 474.65 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 327.53 474.65 Td (video ) Tj ET Q q 0 0 0 rg BT 356.88 474.65 Td (RGUs. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 450.65 Td (T) Tj ET Q q 0 0 0 rg BT 51.31 450.65 Td (urning ) Tj ET Q q 0 0 0 rg BT 84.94 450.65 Td (to ) Tj ET Q q 0 0 0 rg BT 97.17 450.65 Td (our ) Tj ET Q q 0 0 0 rg BT 116.13 450.65 Td (mobile ) Tj ET Q q 0 0 0 rg BT 151.58 450.65 Td (business, ) Tj ET Q q 0 0 0 rg BT 201.11 450.65 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 245.75 450.65 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 299.55 450.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 346.63 450.65 Td (of ) Tj ET Q q 0 0 0 rg BT 358.86 450.65 Td (47,000 ) Tj ET Q q 0 0 0 rg BT 395.56 450.65 Td (in ) Tj ET Q q 0 0 0 rg BT 407.18 450.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 424.91 450.65 Td (2016 ) Tj ET Q q 0 0 0 rg BT 452.43 450.65 Td (more ) Tj ET Q q 0 0 0 rg BT 480.55 450.65 Td (than ) Tj ET Q q 0 0 0 rg BT 505.01 450.65 Td (doubled ) Tj ET Q q 0 0 0 rg BT 547.22 450.65 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 437.45 Td (prior-period ) Tj ET Q q 0 0 0 rg BT 103.92 437.45 Td (result. ) Tj ET Q q 0 0 0 rg BT 136.38 437.45 Td (The ) Tj ET Q q 0 0 0 rg BT 158.01 437.45 Td (success ) Tj ET Q q 0 0 0 rg BT 200.42 437.45 Td (of ) Tj ET Q q 0 0 0 rg BT 212.27 437.45 Td (our ) Tj ET Q q 0 0 0 rg BT 230.84 437.45 Td (Freestyle) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 276.08 442.70 Td (21) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 284.03 437.45 Td ( ) Tj ET Q q 0 0 0 rg BT 286.71 437.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 321.79 437.45 Td (proposition ) Tj ET Q q 0 0 0 rg BT 378.27 437.45 Td (in ) Tj ET Q q 0 0 0 rg BT 389.51 437.45 Td (the ) Tj ET Q q 0 0 0 rg BT 407.48 437.45 Td (U.K., ) Tj ET Q q 0 0 0 rg BT 434.60 437.45 Td (the ) Tj ET Q q 0 0 0 rg BT 452.57 437.45 Td (continued ) Tj ET Q q 0 0 0 rg BT 502.95 437.45 Td (popularity ) Tj ET Q q 0 0 0 rg BT 553.32 437.45 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 424.25 Td (our ) Tj ET Q q 0 0 0 rg BT 64.07 424.25 Td (SIM-only ) Tj ET Q q 0 0 0 rg BT 110.65 424.25 Td (contracts ) Tj ET Q q 0 0 0 rg BT 158.45 424.25 Td (and ) Tj ET Q q 0 0 0 rg BT 179.98 424.25 Td (3,000 ) Tj ET Q q 0 0 0 rg BT 210.68 424.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 257.89 424.25 Td (in ) Tj ET Q q 0 0 0 rg BT 269.63 424.25 Td (Ireland ) Tj ET Q q 0 0 0 rg BT 306.44 424.25 Td (following ) Tj ET Q q 0 0 0 rg BT 352.41 424.25 Td (our ) Tj ET Q q 0 0 0 rg BT 371.49 424.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 407.07 424.25 Td (launch ) Tj ET Q q 0 0 0 rg BT 442.66 424.25 Td (in ) Tj ET Q q 0 0 0 rg BT 454.39 424.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 472.24 424.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 499.89 424.25 Td (were ) Tj ET Q q 0 0 0 rg BT 526.90 424.25 Td (the ) Tj ET Q q 0 0 0 rg BT 545.37 424.25 Td (key ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 411.05 Td (contributors. ) Tj ET Q q 0 0 0 rg BT 111.39 411.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 135.60 411.05 Td (overall ) Tj ET Q q 0 0 0 rg BT 173.87 411.05 Td (mobile ) Tj ET Q q 0 0 0 rg BT 212.14 411.05 Td (base ) Tj ET Q q 0 0 0 rg BT 241.86 411.05 Td (declined ) Tj ET Q q 0 0 0 rg BT 288.70 411.05 Td (by ) Tj ET Q q 0 0 0 rg BT 306.18 411.05 Td (16,000 ) Tj ET Q q 0 0 0 rg BT 345.69 411.05 Td (in ) Tj ET Q q 0 0 0 rg BT 360.12 411.05 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 383.72 411.05 Td (as ) Tj ET Q q 0 0 0 rg BT 401.20 411.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 440.08 411.05 Td (in ) Tj ET Q q 0 0 0 rg BT 454.51 411.05 Td (higher-value ) Tj ET Q q 0 0 0 rg BT 520.91 411.05 Td (postpaid ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 397.85 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 115.32 397.85 Td (was ) Tj ET Q q 0 0 0 rg BT 141.01 397.85 Td (of) Tj ET Q q 0 0 0 rg BT 149.99 397.85 Td (fset ) Tj ET Q q 0 0 0 rg BT 173.84 397.85 Td (by ) Tj ET Q q 0 0 0 rg BT 191.59 397.85 Td (an ) Tj ET Q q 0 0 0 rg BT 209.95 397.85 Td (expected ) Tj ET Q q 0 0 0 rg BT 260.72 397.85 Td (reduction ) Tj ET Q q 0 0 0 rg BT 312.10 397.85 Td (in ) Tj ET Q q 0 0 0 rg BT 326.79 397.85 Td (our ) Tj ET Q q 0 0 0 rg BT 348.81 397.85 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 391.64 397.85 Td (base. ) Tj ET Q q 0 0 0 rg BT 424.27 397.85 Td (This ) Tj ET Q q 0 0 0 rg BT 451.18 397.85 Td (decline ) Tj ET Q q 0 0 0 rg BT 492.17 397.85 Td (represents ) Tj ET Q q 0 0 0 rg BT 550.26 397.85 Td (an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 384.65 Td (improvement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.58 384.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 111.08 384.65 Td (from ) Tj ET Q q 0 0 0 rg BT 136.13 384.65 Td (the ) Tj ET Q q 0 0 0 rg BT 154.48 384.65 Td (46,000 ) Tj ET Q q 0 0 0 rg BT 191.18 384.65 Td (loss ) Tj ET Q q 0 0 0 rg BT 213.80 384.65 Td (in ) Tj ET Q q 0 0 0 rg BT 225.42 384.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 243.15 384.65 Td (2015. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 360.65 Td (In ) Tj ET Q q 0 0 0 rg BT 56.38 360.65 Td (our ) Tj ET Q q 0 0 0 rg BT 74.48 360.65 Td (business ) Tj ET Q q 0 0 0 rg BT 120.10 360.65 Td (division, ) Tj ET Q q 0 0 0 rg BT 162.05 360.65 Td (we ) Tj ET Q q 0 0 0 rg BT 178.32 360.65 Td (launched ) Tj ET Q q 0 0 0 rg BT 225.17 360.65 Td (a ) Tj ET Q q 0 0 0 rg BT 233.50 360.65 Td (new ) Tj ET Q q 0 0 0 rg BT 255.88 360.65 Td (marketing ) Tj ET Q q 0 0 0 rg BT 306.38 360.65 Td (campaign ) Tj ET Q q 0 0 0 rg BT 356.28 360.65 Td (during ) Tj ET Q q 0 0 0 rg BT 389.07 360.65 Td (the ) Tj ET Q q 0 0 0 rg BT 406.56 360.65 Td (quarter ) Tj ET Q q 0 0 0 rg BT 443.62 360.65 Td (centred ) Tj ET Q q 0 0 0 rg BT 482.52 360.65 Td (on ) Tj ET Q q 0 0 0 rg BT 496.96 360.65 Td (our ) Tj ET Q q 0 0 0 rg BT 515.06 360.65 Td (300 ) Tj ET Q q 0 0 0 rg BT 535.62 360.65 Td (Mbps ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 347.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 101.48 347.45 Td (service ) Tj ET Q q 0 0 0 rg BT 140.20 347.45 Td (for ) Tj ET Q q 0 0 0 rg BT 156.92 347.45 Td (small ) Tj ET Q q 0 0 0 rg BT 186.47 347.45 Td (businesses ) Tj ET Q q 0 0 0 rg BT 245.38 347.45 Td (and ) Tj ET Q q 0 0 0 rg BT 267.61 347.45 Td (home ) Tj ET Q q 0 0 0 rg BT 299.00 347.45 Td (of) Tj ET Q q 0 0 0 rg BT 307.98 347.45 Td (fice ) Tj ET Q q 0 0 0 rg BT 328.97 347.45 Td (workers. ) Tj ET Q q 0 0 0 rg BT 374.41 347.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 396.38 347.45 Td (T) Tj ET Q q 0 0 0 rg BT 401.88 347.45 Td (echCity ) Tj ET Q q 0 0 0 rg BT 442.43 347.45 Td (proposition, ) Tj ET Q q 0 0 0 rg BT 503.18 347.45 Td (which ) Tj ET Q q 0 0 0 rg BT 535.18 347.45 Td (of) Tj ET Q q 0 0 0 rg BT 544.16 347.45 Td (fers ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 334.25 Td (dedicated ) Tj ET Q q 0 0 0 rg BT 95.08 334.25 Td (fibre ) Tj ET Q q 0 0 0 rg BT 118.86 334.25 Td (connections ) Tj ET Q q 0 0 0 rg BT 179.94 334.25 Td (to ) Tj ET Q q 0 0 0 rg BT 191.49 334.25 Td (high-tech ) Tj ET Q q 0 0 0 rg BT 239.11 334.25 Td (business ) Tj ET Q q 0 0 0 rg BT 284.90 334.25 Td (hubs ) Tj ET Q q 0 0 0 rg BT 311.13 334.25 Td (in ) Tj ET Q q 0 0 0 rg BT 322.07 334.25 Td (major ) Tj ET Q q 0 0 0 rg BT 351.95 334.25 Td (cities, ) Tj ET Q q 0 0 0 rg BT 382.44 334.25 Td (also ) Tj ET Q q 0 0 0 rg BT 405.00 334.25 Td (boosted ) Tj ET Q q 0 0 0 rg BT 446.52 334.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 474.57 334.25 Td (during ) Tj ET Q q 0 0 0 rg BT 507.53 334.25 Td (the ) Tj ET Q q 0 0 0 rg BT 525.19 334.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 559.44 334.25 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 321.05 Td (This ) Tj ET Q q 0 0 0 rg BT 70.11 321.05 Td (proposition ) Tj ET Q q 0 0 0 rg BT 128.25 321.05 Td (was ) Tj ET Q q 0 0 0 rg BT 152.15 321.05 Td (launched ) Tj ET Q q 0 0 0 rg BT 201.13 321.05 Td (in ) Tj ET Q q 0 0 0 rg BT 214.02 321.05 Td (London ) Tj ET Q q 0 0 0 rg BT 255.06 321.05 Td (and ) Tj ET Q q 0 0 0 rg BT 277.74 321.05 Td (Manchester ) Tj ET Q q 0 0 0 rg BT 339.54 321.05 Td (during ) Tj ET Q q 0 0 0 rg BT 374.45 321.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 403.25 321.05 Td (and ) Tj ET Q q 0 0 0 rg BT 425.93 321.05 Td (during ) Tj ET Q q 0 0 0 rg BT 460.84 321.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 479.85 321.05 Td (was ) Tj ET Q q 0 0 0 rg BT 503.74 321.05 Td (extended ) Tj ET Q q 0 0 0 rg BT 553.33 321.05 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 307.85 Td (Birmingham. ) Tj ET Q q 0 0 0 rg BT 108.73 307.85 Td (There ) Tj ET Q q 0 0 0 rg BT 139.60 307.85 Td (are ) Tj ET Q q 0 0 0 rg BT 157.63 307.85 Td (plans ) Tj ET Q q 0 0 0 rg BT 186.06 307.85 Td (to ) Tj ET Q q 0 0 0 rg BT 197.37 307.85 Td (launch ) Tj ET Q q 0 0 0 rg BT 231.92 307.85 Td (in ) Tj ET Q q 0 0 0 rg BT 242.61 307.85 Td (other ) Tj ET Q q 0 0 0 rg BT 269.81 307.85 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 293.34 307.85 Td (cities ) Tj ET Q q 0 0 0 rg BT 320.53 307.85 Td (throughout ) Tj ET Q q 0 0 0 rg BT 375.26 307.85 Td (the ) Tj ET Q q 0 0 0 rg BT 392.69 307.85 Td (year) Tj ET Q q 0 0 0 rg BT 413.48 307.85 Td (. ) Tj ET Q q 0 0 0 rg BT 418.24 307.85 Td (An ) Tj ET Q q 0 0 0 rg BT 433.83 307.85 Td (important ) Tj ET Q q 0 0 0 rg BT 481.82 307.85 Td (driver ) Tj ET Q q 0 0 0 rg BT 511.45 307.85 Td (of ) Tj ET Q q 0 0 0 rg BT 522.76 307.85 Td (success ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 294.65 Td (in ) Tj ET Q q 0 0 0 rg BT 55.88 294.65 Td (the ) Tj ET Q q 0 0 0 rg BT 73.49 294.65 Td (business ) Tj ET Q q 0 0 0 rg BT 119.22 294.65 Td (segment ) Tj ET Q q 0 0 0 rg BT 163.73 294.65 Td (is ) Tj ET Q q 0 0 0 rg BT 173.99 294.65 Td (brand ) Tj ET Q q 0 0 0 rg BT 204.44 294.65 Td (awareness. ) Tj ET Q q 0 0 0 rg BT 263.01 294.65 Td (W) Tj ET Q q 0 0 0 rg BT 273.19 294.65 Td (e ) Tj ET Q q 0 0 0 rg BT 281.63 294.65 Td (hope ) Tj ET Q q 0 0 0 rg BT 308.42 294.65 Td (to ) Tj ET Q q 0 0 0 rg BT 319.91 294.65 Td (further ) Tj ET Q q 0 0 0 rg BT 354.02 294.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 397.91 294.65 Td (this ) Tj ET Q q 0 0 0 rg BT 417.35 294.65 Td (awareness ) Tj ET Q q 0 0 0 rg BT 472.86 294.65 Td (through ) Tj ET Q q 0 0 0 rg BT 512.48 294.65 Td (the ) Tj ET Q q 0 0 0 rg BT 530.09 294.65 Td (launch ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 281.45 Td (of ) Tj ET Q q 0 0 0 rg BT 57.29 281.45 Td ("V) Tj ET Q q 0 0 0 rg BT 67.93 281.45 Td (oom ) Tj ET Q q 0 0 0 rg BT 92.45 281.45 Td (2016", ) Tj ET Q q 0 0 0 rg BT 127.00 281.45 Td (a ) Tj ET Q q 0 0 0 rg BT 136.24 281.45 Td (high ) Tj ET Q q 0 0 0 rg BT 160.15 281.45 Td (profile ) Tj ET Q q 0 0 0 rg BT 193.23 281.45 Td (entrepreneurs ) Tj ET Q q 0 0 0 rg BT 264.84 281.45 Td (competition ) Tj ET Q q 0 0 0 rg BT 324.21 281.45 Td (across ) Tj ET Q q 0 0 0 rg BT 359.73 281.45 Td (the ) Tj ET Q q 0 0 0 rg BT 378.14 281.45 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 402.66 281.45 Td (and ) Tj ET Q q 0 0 0 rg BT 424.13 281.45 Td (Ireland ) Tj ET Q q 0 0 0 rg BT 460.88 281.45 Td (inviting ) Tj ET Q q 0 0 0 rg BT 498.24 281.45 Td (start-ups ) Tj ET Q q 0 0 0 rg BT 544.16 281.45 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 268.25 Td (small ) Tj ET Q q 0 0 0 rg BT 73.25 268.25 Td (and ) Tj ET Q q 0 0 0 rg BT 94.19 268.25 Td (medium ) Tj ET Q q 0 0 0 rg BT 135.90 268.25 Td (businesses ) Tj ET Q q 0 0 0 rg BT 193.52 268.25 Td (to ) Tj ET Q q 0 0 0 rg BT 205.28 268.25 Td (pitch ) Tj ET Q q 0 0 0 rg BT 231.10 268.25 Td (their ) Tj ET Q q 0 0 0 rg BT 255.09 268.25 Td (business ) Tj ET Q q 0 0 0 rg BT 301.09 268.25 Td (ideas ) Tj ET Q q 0 0 0 rg BT 329.97 268.25 Td (to ) Tj ET Q q 0 0 0 rg BT 341.73 268.25 Td (Sir ) Tj ET Q q 0 0 0 rg BT 357.76 268.25 Td (Richard ) Tj ET Q q 0 0 0 rg BT 398.25 268.25 Td (Branson ) Tj ET Q q 0 0 0 rg BT 441.81 268.25 Td (for ) Tj ET Q q 0 0 0 rg BT 457.23 268.25 Td (a ) Tj ET Q q 0 0 0 rg BT 465.93 268.25 Td (share ) Tj ET Q q 0 0 0 rg BT 496.03 268.25 Td (of ) Tj ET Q q 0 0 0 rg BT 507.79 268.25 Td (a ) Tj ET Q q 0 0 0 rg BT 516.50 268.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 531.32 268.25 Td (million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 255.05 Td (prize.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 241.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 228.65 Td (From ) Tj ET Q q 0 0 0 rg BT 74.16 228.65 Td (a ) Tj ET Q q 0 0 0 rg BT 83.78 228.65 Td (new ) Tj ET Q q 0 0 0 rg BT 107.46 228.65 Td (build ) Tj ET Q q 0 0 0 rg BT 134.20 228.65 Td (perspective, ) Tj ET Q q 0 0 0 rg BT 197.01 228.65 Td (Project ) Tj ET Q q 0 0 0 rg BT 234.74 228.65 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 282.89 228.65 Td (is ) Tj ET Q q 0 0 0 rg BT 294.33 228.65 Td (a ) Tj ET Q q 0 0 0 rg BT 303.95 228.65 Td (key ) Tj ET Q q 0 0 0 rg BT 324.57 228.65 Td (source ) Tj ET Q q 0 0 0 rg BT 361.08 228.65 Td (of ) Tj ET Q q 0 0 0 rg BT 373.76 228.65 Td (customer ) Tj ET Q q 0 0 0 rg BT 422.49 228.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 459.01 228.65 Td (for ) Tj ET Q q 0 0 0 rg BT 475.34 228.65 Td (us ) Tj ET Q q 0 0 0 rg BT 490.46 228.65 Td (in ) Tj ET Q q 0 0 0 rg BT 502.52 228.65 Td (the ) Tj ET Q q 0 0 0 rg BT 521.31 228.65 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 546.21 228.65 Td (W) Tj ET Q q 0 0 0 rg BT 556.39 228.65 Td (e ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 215.45 Td (have ) Tj ET Q q 0 0 0 rg BT 71.46 215.45 Td (already ) Tj ET Q q 0 0 0 rg BT 110.14 215.45 Td (released ) Tj ET Q q 0 0 0 rg BT 154.94 215.45 Td (approximately ) Tj ET Q q 0 0 0 rg BT 226.02 215.45 Td (330,000 ) Tj ET Q q 0 0 0 rg BT 268.39 215.45 Td (premises ) Tj ET Q q 0 0 0 rg BT 315.62 215.45 Td (since ) Tj ET Q q 0 0 0 rg BT 343.90 215.45 Td (the ) Tj ET Q q 0 0 0 rg BT 361.80 215.45 Td (programme ) Tj ET Q q 0 0 0 rg BT 420.65 215.45 Td (launched ) Tj ET Q q 0 0 0 rg BT 467.90 215.45 Td (in ) Tj ET Q q 0 0 0 rg BT 479.07 215.45 Td (2015. ) Tj ET Q q 0 0 0 rg BT 509.20 215.45 Td (W) Tj ET Q q 0 0 0 rg BT 519.39 215.45 Td (e ) Tj ET Q q 0 0 0 rg BT 528.11 215.45 Td (are ) Tj ET Q q 0 0 0 rg BT 546.61 215.45 Td (on-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 202.25 Td (track ) Tj ET Q q 0 0 0 rg BT 72.34 202.25 Td (to ) Tj ET Q q 0 0 0 rg BT 85.01 202.25 Td (add ) Tj ET Q q 0 0 0 rg BT 106.86 202.25 Td (over ) Tj ET Q q 0 0 0 rg BT 131.76 202.25 Td (500,000 ) Tj ET Q q 0 0 0 rg BT 175.02 202.25 Td (premises ) Tj ET Q q 0 0 0 rg BT 223.14 202.25 Td (in ) Tj ET Q q 0 0 0 rg BT 235.21 202.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 266.23 202.25 Td (which ) Tj ET Q q 0 0 0 rg BT 297.85 202.25 Td (would ) Tj ET Q q 0 0 0 rg BT 330.09 202.25 Td (take ) Tj ET Q q 0 0 0 rg BT 354.39 202.25 Td (our ) Tj ET Q q 0 0 0 rg BT 373.78 202.25 Td (total ) Tj ET Q q 0 0 0 rg BT 398.07 202.25 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 446.22 202.25 Td (homes ) Tj ET Q q 0 0 0 rg BT 482.74 202.25 Td (released ) Tj ET Q q 0 0 0 rg BT 528.43 202.25 Td (to ) Tj ET Q q 0 0 0 rg BT 541.11 202.25 Td (over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 189.05 Td (750,000 ) Tj ET Q q 0 0 0 rg BT 88.64 189.05 Td (by ) Tj ET Q q 0 0 0 rg BT 104.14 189.05 Td (the ) Tj ET Q q 0 0 0 rg BT 123.32 189.05 Td (end ) Tj ET Q q 0 0 0 rg BT 145.55 189.05 Td (of ) Tj ET Q q 0 0 0 rg BT 158.60 189.05 Td (the ) Tj ET Q q 0 0 0 rg BT 177.78 189.05 Td (year) Tj ET Q q 0 0 0 rg BT 198.57 189.05 Td (. ) Tj ET Q q 0 0 0 rg BT 205.51 189.05 Td (During ) Tj ET Q q 0 0 0 rg BT 241.79 189.05 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 263.40 189.05 Td (we ) Tj ET Q q 0 0 0 rg BT 281.35 189.05 Td (launched ) Tj ET Q q 0 0 0 rg BT 329.88 189.05 Td (a ) Tj ET Q q 0 0 0 rg BT 339.88 189.05 Td (new ) Tj ET Q q 0 0 0 rg BT 363.94 189.05 Td (initiative ) Tj ET Q q 0 0 0 rg BT 407.56 189.05 Td (to ) Tj ET Q q 0 0 0 rg BT 420.61 189.05 Td (further ) Tj ET Q q 0 0 0 rg BT 456.29 189.05 Td (stimulate ) Tj ET Q q 0 0 0 rg BT 504.18 189.05 Td (interest ) Tj ET Q q 0 0 0 rg BT 544.14 189.05 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 175.85 Td (awareness ) Tj ET Q q 0 0 0 rg BT 104.96 175.85 Td (of ) Tj ET Q q 0 0 0 rg BT 120.89 175.85 Td (our ) Tj ET Q q 0 0 0 rg BT 143.55 175.85 Td (new ) Tj ET Q q 0 0 0 rg BT 170.49 175.85 Td (build ) Tj ET Q q 0 0 0 rg BT 200.49 175.85 Td (programme. ) Tj ET Q q 0 0 0 rg BT 266.54 175.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 291.64 175.85 Td ("super-charging ) Tj ET Q q 0 0 0 rg BT 375.68 175.85 Td (local ) Tj ET Q q 0 0 0 rg BT 405.06 175.85 Td (communities ) Tj ET Q q 0 0 0 rg BT 473.56 175.85 Td (challenge" ) Tj ET Q q 0 0 0 rg BT 531.32 175.85 Td (invites ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 162.65 Td (communities ) Tj ET Q q 0 0 0 rg BT 110.08 162.65 Td (to ) Tj ET Q q 0 0 0 rg BT 122.59 162.65 Td (rally ) Tj ET Q q 0 0 0 rg BT 146.09 162.65 Td (together ) Tj ET Q q 0 0 0 rg BT 189.79 162.65 Td (to ) Tj ET Q q 0 0 0 rg BT 202.31 162.65 Td (register ) Tj ET Q q 0 0 0 rg BT 242.32 162.65 Td (their ) Tj ET Q q 0 0 0 rg BT 267.06 162.65 Td (interest ) Tj ET Q q 0 0 0 rg BT 306.47 162.65 Td (for ) Tj ET Q q 0 0 0 rg BT 322.64 162.65 Td (our ) Tj ET Q q 0 0 0 rg BT 341.88 162.65 Td (services. ) Tj ET Q q 0 0 0 rg BT 388.61 162.65 Td (W) Tj ET Q q 0 0 0 rg BT 398.79 162.65 Td (e ) Tj ET Q q 0 0 0 rg BT 408.25 162.65 Td (will ) Tj ET Q q 0 0 0 rg BT 426.86 162.65 Td (prioritise ) Tj ET Q q 0 0 0 rg BT 471.76 162.65 Td (build ) Tj ET Q q 0 0 0 rg BT 498.34 162.65 Td (based ) Tj ET Q q 0 0 0 rg BT 531.65 162.65 Td (on ) Tj ET Q q 0 0 0 rg BT 547.22 162.65 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 149.45 Td (level ) Tj ET Q q 0 0 0 rg BT 70.96 149.45 Td (of ) Tj ET Q q 0 0 0 rg BT 83.48 149.45 Td (interest ) Tj ET Q q 0 0 0 rg BT 122.89 149.45 Td (received. ) Tj ET Q q 0 0 0 rg BT 170.86 149.45 Td (Demand ) Tj ET Q q 0 0 0 rg BT 215.78 149.45 Td (remains ) Tj ET Q q 0 0 0 rg BT 258.24 149.45 Td (strong ) Tj ET Q q 0 0 0 rg BT 292.15 149.45 Td (and ) Tj ET Q q 0 0 0 rg BT 313.85 149.45 Td (we ) Tj ET Q q 0 0 0 rg BT 331.25 149.45 Td (are ) Tj ET Q q 0 0 0 rg BT 350.49 149.45 Td (continuing ) Tj ET Q q 0 0 0 rg BT 403.98 149.45 Td (to ) Tj ET Q q 0 0 0 rg BT 416.49 149.45 Td (work ) Tj ET Q q 0 0 0 rg BT 443.06 149.45 Td (closely ) Tj ET Q q 0 0 0 rg BT 480.02 149.45 Td (with ) Tj ET Q q 0 0 0 rg BT 502.92 149.45 Td (our ) Tj ET Q q 0 0 0 rg BT 522.16 149.45 Td (partners ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 136.25 Td (to ) Tj ET Q q 0 0 0 rg BT 57.23 136.25 Td (ensure ) Tj ET Q q 0 0 0 rg BT 93.92 136.25 Td (a ) Tj ET Q q 0 0 0 rg BT 103.09 136.25 Td (smooth ) Tj ET Q q 0 0 0 rg BT 142.22 136.25 Td (and ) Tj ET Q q 0 0 0 rg BT 163.63 136.25 Td (ef) Tj ET Q q 0 0 0 rg BT 172.61 136.25 Td (ficient ) Tj ET Q q 0 0 0 rg BT 204.40 136.25 Td (process ) Tj ET Q q 0 0 0 rg BT 245.97 136.25 Td (from ) Tj ET Q q 0 0 0 rg BT 271.03 136.25 Td (planning ) Tj ET Q q 0 0 0 rg BT 315.68 136.25 Td (through ) Tj ET Q q 0 0 0 rg BT 356.04 136.25 Td (build, ) Tj ET Q q 0 0 0 rg BT 385.39 136.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 414.13 136.25 Td (and ) Tj ET Q q 0 0 0 rg BT 435.54 136.25 Td (installation. ) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 45.00 102.65 Td (Financial Summary) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 45.00 78.65 Td (T) Tj ET Q q 0 0 0 rg BT 50.50 78.65 Td (otal ) Tj ET Q q 0 0 0 rg BT 70.49 78.65 Td (revenue ) Tj ET Q q 0 0 0 rg BT 112.49 78.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 162.44 78.65 Td (by ) Tj ET Q q 0 0 0 rg BT 176.31 78.65 Td (4% ) Tj ET Q q 0 0 0 rg BT 194.46 78.65 Td (on ) Tj ET Q q 0 0 0 rg BT 208.95 78.65 Td (a ) Tj ET Q q 0 0 0 rg BT 217.31 78.65 Td (rebased ) Tj ET Q q 0 0 0 rg BT 259.32 78.65 Td (basis ) Tj ET Q q 0 0 0 rg BT 287.25 78.65 Td (to ) Tj ET Q q 0 0 0 rg BT 298.68 78.65 Td (1,178 ) Tj ET Q q 0 0 0 rg BT 334.57 78.65 Td (million ) Tj ET Q q 0 0 0 rg BT 368.00 78.65 Td (in ) Tj ET Q q 0 0 0 rg BT 378.81 78.65 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 398.79 78.65 Td (as ) Tj ET Q q 0 0 0 rg BT 412.66 78.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 463.83 78.65 Td (to ) Tj ET Q q 0 0 0 rg BT 475.25 78.65 Td (the ) Tj ET Q q 0 0 0 rg BT 492.80 78.65 Td (corresponding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 65.45 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 94.58 65.45 Td (period. ) Tj ET Q q 0 0 0 rg BT 130.56 65.45 Td (This ) Tj ET Q q 0 0 0 rg BT 153.86 65.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 197.95 65.45 Td (was ) Tj ET Q q 0 0 0 rg BT 220.02 65.45 Td (attributable ) Tj ET Q q 0 0 0 rg BT 276.96 65.45 Td (to ) Tj ET Q q 0 0 0 rg BT 288.65 65.45 Td (the ) Tj ET Q q 0 0 0 rg BT 306.45 65.45 Td (net ) Tj ET Q q 0 0 0 rg BT 324.26 65.45 Td (benefit ) Tj ET Q q 0 0 0 rg BT 359.80 65.45 Td (from ) Tj ET Q q 0 0 0 rg BT 384.31 65.45 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 396.59 65.45 Td (higher ) Tj ET Q q 0 0 0 rg BT 429.69 65.45 Td (cable ) Tj ET Q q 0 0 0 rg BT 458.50 65.45 Td (subscription ) Tj ET Q q 0 0 0 rg BT 519.70 65.45 Td (revenue, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 52.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 89.26 52.25 Td (due ) Tj ET Q q 0 0 0 rg BT 110.33 52.25 Td (to ) Tj ET Q q 0 0 0 rg BT 122.21 52.25 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 175.66 52.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 211.38 52.25 Td (and ) Tj ET Q q 0 0 0 rg BT 232.44 52.25 Td (an ) Tj ET Q q 0 0 0 rg BT 247.39 52.25 Td (improvement ) Tj ET Q q 0 0 0 rg BT 313.67 52.25 Td (in ) Tj ET Q q 0 0 0 rg BT 324.41 52.25 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 357.68 52.25 Td (per ) Tj ET Q q 0 0 0 rg BT 376.28 52.25 Td (RGU, ) Tj ET Q q 0 0 0 rg BT 406.49 52.25 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 421.41 52.25 Td (an ) Tj ET Q q 0 0 0 rg BT 436.36 52.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 480.64 52.25 Td (in ) Tj ET Q q 0 0 0 rg BT 491.91 52.25 Td (other ) Tj ET Q q 0 0 0 rg BT 519.69 52.25 Td (revenue, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 39.05 Td (primarily ) Tj ET Q q 0 0 0 rg BT 90.71 39.05 Td (as ) Tj ET Q q 0 0 0 rg BT 106.47 39.05 Td (a ) Tj ET Q q 0 0 0 rg BT 116.74 39.05 Td (result ) Tj ET Q q 0 0 0 rg BT 147.79 39.05 Td (of ) Tj ET Q q 0 0 0 rg BT 161.11 39.05 Td (a ) Tj ET Q q 0 0 0 rg BT 171.38 39.05 Td (19 ) Tj ET Q q 0 0 0 rg BT 193.88 39.05 Td (million ) Tj ET Q q 0 0 0 rg BT 229.21 39.05 Td (benefit ) Tj ET Q q 0 0 0 rg BT 266.38 39.05 Td (from ) Tj ET Q q 0 0 0 rg BT 292.53 39.05 Td (higher ) Tj ET Q q 0 0 0 rg BT 327.26 39.05 Td (mobile ) Tj ET Q q 0 0 0 rg BT 363.82 39.05 Td (handset ) Tj ET Q q 0 0 0 rg BT 407.11 39.05 Td (sales ) Tj ET Q q 0 0 0 rg BT 436.94 39.05 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 483.90 39.05 Td (to ) Tj ET Q q 0 0 0 rg BT 497.22 39.05 Td (our ) Tj ET Q q 0 0 0 rg BT 517.27 39.05 Td (Freestyle ) Tj ET Q /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I21 Do Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.10 732.55 Td ( ) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 556.95 24.95 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 712.00 Td (proposition, ) Tj ET Q q 0 0 0 rg BT 107.48 712.00 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 127.74 712.00 Td (lower ) Tj ET Q q 0 0 0 rg BT 159.64 712.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 197.65 712.00 Td (subscription ) Tj ET Q q 0 0 0 rg BT 261.95 712.00 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 310.37 712.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 357.53 712.00 Td (due ) Tj ET Q q 0 0 0 rg BT 381.49 712.00 Td (to ) Tj ET Q q 0 0 0 rg BT 396.27 712.00 Td (a ) Tj ET Q q 0 0 0 rg BT 408.00 712.00 Td (14 ) Tj ET Q q 0 0 0 rg BT 431.96 712.00 Td (million ) Tj ET Q q 0 0 0 rg BT 468.74 712.00 Td (reduction ) Tj ET Q q 0 0 0 rg BT 519.60 712.00 Td (from ) Tj ET Q q 0 0 0 rg BT 547.21 712.00 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 698.80 Td (introduction ) Tj ET Q q 0 0 0 rg BT 104.06 698.80 Td (of ) Tj ET Q q 0 0 0 rg BT 115.42 698.80 Td (Freestyle ) Tj ET Q q 0 0 0 rg BT 162.84 698.80 Td (in ) Tj ET Q q 0 0 0 rg BT 173.58 698.80 Td (the ) Tj ET Q q 0 0 0 rg BT 191.06 698.80 Td (U.K., ) Tj ET Q q 0 0 0 rg BT 217.70 698.80 Td (and ) Tj ET Q q 0 0 0 rg BT 238.24 698.80 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 255.69 698.80 Td (higher ) Tj ET Q q 0 0 0 rg BT 288.46 698.80 Td (business ) Tj ET Q q 0 0 0 rg BT 334.06 698.80 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 379.05 698.80 Td (primarily ) Tj ET Q q 0 0 0 rg BT 422.79 698.80 Td (in ) Tj ET Q q 0 0 0 rg BT 433.54 698.80 Td (the ) Tj ET Q q 0 0 0 rg BT 451.02 698.80 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 474.60 698.80 Td (due ) Tj ET Q q 0 0 0 rg BT 495.14 698.80 Td (to ) Tj ET Q q 0 0 0 rg BT 506.50 698.80 Td (an ) Tj ET Q q 0 0 0 rg BT 520.92 698.80 Td (increase ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 685.60 Td (in ) Tj ET Q q 0 0 0 rg BT 58.03 685.60 Td (underlying ) Tj ET Q q 0 0 0 rg BT 113.25 685.60 Td (data ) Tj ET Q q 0 0 0 rg BT 139.13 685.60 Td (volumes, ) Tj ET Q q 0 0 0 rg BT 187.61 685.60 Td (higher ) Tj ET Q q 0 0 0 rg BT 222.66 685.60 Td (amortisation ) Tj ET Q q 0 0 0 rg BT 287.04 685.60 Td (of ) Tj ET Q q 0 0 0 rg BT 300.68 685.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 346.12 685.60 Td (upfront ) Tj ET Q q 0 0 0 rg BT 384.84 685.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 410.10 685.60 Td (on ) Tj ET Q q 0 0 0 rg BT 426.80 685.60 Td (B2B) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 447.59 690.85 Td (22) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 455.54 685.60 Td ( ) Tj ET Q q 0 0 0 rg BT 460.01 685.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 509.11 685.60 Td (and ) Tj ET Q q 0 0 0 rg BT 531.93 685.60 Td (higher ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 672.40 Td (equipment ) Tj ET Q q 0 0 0 rg BT 99.43 672.40 Td (sales. ) Tj ET Q q 0 0 0 rg BT 131.02 672.40 Td (These ) Tj ET Q q 0 0 0 rg BT 164.65 672.40 Td (factors ) Tj ET Q q 0 0 0 rg BT 200.71 672.40 Td (were ) Tj ET Q q 0 0 0 rg BT 227.61 672.40 Td (partially ) Tj ET Q q 0 0 0 rg BT 268.57 672.40 Td (of) Tj ET Q q 0 0 0 rg BT 277.55 672.40 Td (fset ) Tj ET Q q 0 0 0 rg BT 298.33 672.40 Td (by ) Tj ET Q q 0 0 0 rg BT 313.01 672.40 Td (lower ) Tj ET Q q 0 0 0 rg BT 342.35 672.40 Td (voice ) Tj ET Q q 0 0 0 rg BT 371.08 672.40 Td (revenue. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 647.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 92.32 647.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 118.83 647.20 Td (increased ) Tj ET Q q 0 0 0 rg BT 169.82 647.20 Td (by ) Tj ET Q q 0 0 0 rg BT 184.73 647.20 Td (4% ) Tj ET Q q 0 0 0 rg BT 203.92 647.20 Td (on ) Tj ET Q q 0 0 0 rg BT 219.45 647.20 Td (a ) Tj ET Q q 0 0 0 rg BT 228.86 647.20 Td (rebased ) Tj ET Q q 0 0 0 rg BT 271.91 647.20 Td (basis ) Tj ET Q q 0 0 0 rg BT 300.88 647.20 Td (to ) Tj ET Q q 0 0 0 rg BT 313.35 647.20 Td (520 ) Tj ET Q q 0 0 0 rg BT 341.11 647.20 Td (million ) Tj ET Q q 0 0 0 rg BT 375.58 647.20 Td (in ) Tj ET Q q 0 0 0 rg BT 387.44 647.20 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 408.46 647.20 Td (as ) Tj ET Q q 0 0 0 rg BT 423.37 647.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 475.58 647.20 Td (to ) Tj ET Q q 0 0 0 rg BT 488.05 647.20 Td (the ) Tj ET Q q 0 0 0 rg BT 506.63 647.20 Td (first ) Tj ET Q q 0 0 0 rg BT 527.64 647.20 Td (quarter ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 634.00 Td (of ) Tj ET Q q 0 0 0 rg BT 56.31 634.00 Td (2015. ) Tj ET Q q 0 0 0 rg BT 85.97 634.00 Td (Selective ) Tj ET Q q 0 0 0 rg BT 132.74 634.00 Td (investments ) Tj ET Q q 0 0 0 rg BT 193.56 634.00 Td (in ) Tj ET Q q 0 0 0 rg BT 204.25 634.00 Td (key ) Tj ET Q q 0 0 0 rg BT 223.51 634.00 Td (customer ) Tj ET Q q 0 0 0 rg BT 270.88 634.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 306.03 634.00 Td (areas ) Tj ET Q q 0 0 0 rg BT 335.68 634.00 Td (including ) Tj ET Q q 0 0 0 rg BT 381.23 634.00 Td (programming ) Tj ET Q q 0 0 0 rg BT 448.17 634.00 Td (spend, ) Tj ET Q q 0 0 0 rg BT 483.33 634.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 517.86 634.00 Td (handsets ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 620.80 Td (and ) Tj ET Q q 0 0 0 rg BT 66.34 620.80 Td (customer ) Tj ET Q q 0 0 0 rg BT 114.57 620.80 Td (marketing ) Tj ET Q q 0 0 0 rg BT 165.86 620.80 Td (increased ) Tj ET Q q 0 0 0 rg BT 216.54 620.80 Td (costs ) Tj ET Q q 0 0 0 rg BT 245.21 620.80 Td (during ) Tj ET Q q 0 0 0 rg BT 278.78 620.80 Td (the ) Tj ET Q q 0 0 0 rg BT 297.06 620.80 Td (period. ) Tj ET Q q 0 0 0 rg BT 333.09 620.80 Td (As ) Tj ET Q q 0 0 0 rg BT 348.92 620.80 Td (a ) Tj ET Q q 0 0 0 rg BT 358.02 620.80 Td (result, ) Tj ET Q q 0 0 0 rg BT 390.97 620.80 Td (our ) Tj ET Q q 0 0 0 rg BT 409.86 620.80 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 427.52 620.80 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 492.28 620.80 Td (Segment ) Tj ET Q q 0 0 0 rg BT 539.30 620.80 Td (OCF ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 607.60 Td (margin ) Tj ET Q q 0 0 0 rg BT 81.68 607.60 Td (of ) Tj ET Q q 0 0 0 rg BT 93.91 607.60 Td (44.2% ) Tj ET Q q 0 0 0 rg BT 128.16 607.60 Td (was ) Tj ET Q q 0 0 0 rg BT 150.77 607.60 Td (slightly ) Tj ET Q q 0 0 0 rg BT 187.45 607.60 Td (lower ) Tj ET Q q 0 0 0 rg BT 216.79 607.60 Td (than ) Tj ET Q q 0 0 0 rg BT 241.26 607.60 Td (the ) Tj ET Q q 0 0 0 rg BT 259.61 607.60 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 332.38 607.60 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 382.50 607.60 Td (period. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 581.20 Td (Property ) Tj ET Q q 0 0 0 rg BT 89.54 581.20 Td (and ) Tj ET Q q 0 0 0 rg BT 110.87 581.20 Td (equipment ) Tj ET Q q 0 0 0 rg BT 165.21 581.20 Td (additions ) Tj ET Q q 0 0 0 rg BT 212.22 581.20 Td (increased ) Tj ET Q q 0 0 0 rg BT 262.89 581.20 Td (by ) Tj ET Q q 0 0 0 rg BT 277.48 581.20 Td (28 ) Tj ET Q q 0 0 0 rg BT 298.80 581.20 Td (million ) Tj ET Q q 0 0 0 rg BT 332.95 581.20 Td (or ) Tj ET Q q 0 0 0 rg BT 345.70 581.20 Td (12% ) Tj ET Q q 0 0 0 rg BT 370.69 581.20 Td (in ) Tj ET Q q 0 0 0 rg BT 382.22 581.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 399.87 581.20 Td (to ) Tj ET Q q 0 0 0 rg BT 412.02 581.20 Td (257 ) Tj ET Q q 0 0 0 rg BT 439.46 581.20 Td (million. ) Tj ET Q q 0 0 0 rg BT 476.47 581.20 Td (This ) Tj ET Q q 0 0 0 rg BT 500.22 581.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 544.77 581.20 Td (has ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 568.00 Td (been ) Tj ET Q q 0 0 0 rg BT 73.24 568.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 118.56 568.00 Td (driven ) Tj ET Q q 0 0 0 rg BT 152.29 568.00 Td (by ) Tj ET Q q 0 0 0 rg BT 167.67 568.00 Td (Project ) Tj ET Q q 0 0 0 rg BT 205.67 568.00 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 254.09 568.00 Td (costs ) Tj ET Q q 0 0 0 rg BT 283.53 568.00 Td (of ) Tj ET Q q 0 0 0 rg BT 296.47 568.00 Td (approximately ) Tj ET Q q 0 0 0 rg BT 368.71 568.00 Td (45 ) Tj ET Q q 0 0 0 rg BT 390.83 568.00 Td (million ) Tj ET Q q 0 0 0 rg BT 425.77 568.00 Td (in ) Tj ET Q q 0 0 0 rg BT 438.10 568.00 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 459.60 568.00 Td (which ) Tj ET Q q 0 0 0 rg BT 491.49 568.00 Td (includes ) Tj ET Q q 0 0 0 rg BT 535.61 568.00 Td (direct ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 554.80 Td (build ) Tj ET Q q 0 0 0 rg BT 71.55 554.80 Td (costs, ) Tj ET Q q 0 0 0 rg BT 103.60 554.80 Td (technology ) Tj ET Q q 0 0 0 rg BT 160.12 554.80 Td (investments ) Tj ET Q q 0 0 0 rg BT 222.12 554.80 Td (and ) Tj ET Q q 0 0 0 rg BT 243.78 554.80 Td (customer ) Tj ET Q q 0 0 0 rg BT 292.33 554.80 Td (premises ) Tj ET Q q 0 0 0 rg BT 340.27 554.80 Td (equipment ) Tj ET Q q 0 0 0 rg BT 394.95 554.80 Td (and ) Tj ET Q q 0 0 0 rg BT 416.62 554.80 Td (related ) Tj ET Q q 0 0 0 rg BT 453.56 554.80 Td (installation ) Tj ET Q q 0 0 0 rg BT 508.85 554.80 Td (costs. ) Tj ET Q q 0 0 0 rg BT 540.24 554.80 Td (As ) Tj ET Q q 0 0 0 rg BT 556.39 554.80 Td (a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 541.60 Td (percentage ) Tj ET Q q 0 0 0 rg BT 103.19 541.60 Td (of ) Tj ET Q q 0 0 0 rg BT 115.50 541.60 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 161.46 541.60 Td (property ) Tj ET Q q 0 0 0 rg BT 204.95 541.60 Td (and ) Tj ET Q q 0 0 0 rg BT 226.45 541.60 Td (equipment ) Tj ET Q q 0 0 0 rg BT 280.96 541.60 Td (additions ) Tj ET Q q 0 0 0 rg BT 328.14 541.60 Td (increased ) Tj ET Q q 0 0 0 rg BT 378.98 541.60 Td (to ) Tj ET Q q 0 0 0 rg BT 391.30 541.60 Td (22% ) Tj ET Q q 0 0 0 rg BT 416.46 541.60 Td (in ) Tj ET Q q 0 0 0 rg BT 428.16 541.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 445.98 541.60 Td (compared ) Tj ET Q q 0 0 0 rg BT 498.04 541.60 Td (to ) Tj ET Q q 0 0 0 rg BT 510.36 541.60 Td (20% ) Tj ET Q q 0 0 0 rg BT 535.52 541.60 Td (in ) Tj ET Q q 0 0 0 rg BT 547.22 541.60 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 528.40 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 118.79 528.40 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 169.94 528.40 Td (period. ) Tj ET Q q 0 0 0 rg BT 207.39 528.40 Td (T) Tj ET Q q 0 0 0 rg BT 212.89 528.40 Td (otal ) Tj ET Q q 0 0 0 rg BT 234.70 528.40 Td (property ) Tj ET Q q 0 0 0 rg BT 279.14 528.40 Td (and ) Tj ET Q q 0 0 0 rg BT 301.57 528.40 Td (equipment ) Tj ET Q q 0 0 0 rg BT 357.02 528.40 Td (additions ) Tj ET Q q 0 0 0 rg BT 405.13 528.40 Td (are ) Tj ET Q q 0 0 0 rg BT 425.11 528.40 Td (expected ) Tj ET Q q 0 0 0 rg BT 473.83 528.40 Td (to ) Tj ET Q q 0 0 0 rg BT 487.09 528.40 Td (increase ) Tj ET Q q 0 0 0 rg BT 532.74 528.40 Td (as ) Tj ET Q q 0 0 0 rg BT 548.44 528.40 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 515.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 89.63 515.20 Td (new ) Tj ET Q q 0 0 0 rg BT 112.87 515.20 Td (build ) Tj ET Q q 0 0 0 rg BT 139.17 515.20 Td (activity ) Tj ET Q q 0 0 0 rg BT 175.84 515.20 Td (throughout ) Tj ET Q q 0 0 0 rg BT 231.50 515.20 Td (2016. ) Tj ET Q q 0 0 0 rg BT 262.08 515.20 Td ( ) Tj ET Q q 0 0 0 rg BT 265.13 515.20 Td ( ) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 45.00 481.60 Td (Debt, Capital Lease Obligations and Cash and Cash Equivalents) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 45.00 455.20 Td (At ) Tj ET Q q 0 0 0 rg BT 58.58 455.20 Td (March ) Tj ET Q q 0 0 0 rg BT 92.32 455.20 Td (31, ) Tj ET Q q 0 0 0 rg BT 110.80 455.20 Td (2016, ) Tj ET Q q 0 0 0 rg BT 141.51 455.20 Td (our ) Tj ET Q q 0 0 0 rg BT 160.59 455.20 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 231.04 455.20 Td (third-party ) Tj ET Q q 0 0 0 rg BT 283.74 455.20 Td (debt ) Tj ET Q q 0 0 0 rg BT 308.33 455.20 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 359.82 455.20 Td (cost) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 379.99 460.45 Td (23) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 387.94 455.20 Td ( ) Tj ET Q q 0 0 0 rg BT 391.13 455.20 Td (was ) Tj ET Q q 0 0 0 rg BT 413.87 455.20 Td (5.2% ) Tj ET Q q 0 0 0 rg BT 442.13 455.20 Td (and ) Tj ET Q q 0 0 0 rg BT 463.67 455.20 Td (the ) Tj ET Q q 0 0 0 rg BT 482.14 455.20 Td (average ) Tj ET Q q 0 0 0 rg BT 525.08 455.20 Td (tenor ) Tj ET Q q 0 0 0 rg BT 553.34 455.20 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 442.00 Td (our ) Tj ET Q q 0 0 0 rg BT 63.95 442.00 Td (third-party ) Tj ET Q q 0 0 0 rg BT 116.53 442.00 Td (debt ) Tj ET Q q 0 0 0 rg BT 140.99 442.00 Td (was ) Tj ET Q q 0 0 0 rg BT 163.61 442.00 Td (approximately ) Tj ET Q q 0 0 0 rg BT 235.14 442.00 Td (seven ) Tj ET Q q 0 0 0 rg BT 267.55 442.00 Td (and ) Tj ET Q q 0 0 0 rg BT 288.96 442.00 Td (a ) Tj ET Q q 0 0 0 rg BT 298.13 442.00 Td (half ) Tj ET Q q 0 0 0 rg BT 318.93 442.00 Td (years. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 415.60 Td (T) Tj ET Q q 0 0 0 rg BT 50.50 415.60 Td (otal ) Tj ET Q q 0 0 0 rg BT 71.52 415.60 Td (third-party ) Tj ET Q q 0 0 0 rg BT 124.32 415.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 149.01 415.60 Td (increased ) Tj ET Q q 0 0 0 rg BT 199.99 415.60 Td (by ) Tj ET Q q 0 0 0 rg BT 214.90 415.60 Td (389 ) Tj ET Q q 0 0 0 rg BT 242.65 415.60 Td (million ) Tj ET Q q 0 0 0 rg BT 277.11 415.60 Td (during ) Tj ET Q q 0 0 0 rg BT 310.97 415.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 328.93 415.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 359.74 415.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 404.58 415.60 Td (due ) Tj ET Q q 0 0 0 rg BT 426.22 415.60 Td (to ) Tj ET Q q 0 0 0 rg BT 438.68 415.60 Td (an ) Tj ET Q q 0 0 0 rg BT 454.20 415.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 499.06 415.60 Td (in ) Tj ET Q q 0 0 0 rg BT 510.91 415.60 Td (bank ) Tj ET Q q 0 0 0 rg BT 538.05 415.60 Td (debt. ) Tj ET Q q 0 0 0 rg BT 565.57 415.60 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 402.40 Td (Based ) Tj ET Q q 0 0 0 rg BT 80.73 402.40 Td (on ) Tj ET Q q 0 0 0 rg BT 97.51 402.40 Td (the ) Tj ET Q q 0 0 0 rg BT 117.34 402.40 Td (results ) Tj ET Q q 0 0 0 rg BT 154.29 402.40 Td (for ) Tj ET Q q 0 0 0 rg BT 171.66 402.40 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 190.88 402.40 Td (2016, ) Tj ET Q q 0 0 0 rg BT 222.95 402.40 Td (and ) Tj ET Q q 0 0 0 rg BT 245.85 402.40 Td (subject ) Tj ET Q q 0 0 0 rg BT 285.24 402.40 Td (to ) Tj ET Q q 0 0 0 rg BT 298.96 402.40 Td (the ) Tj ET Q q 0 0 0 rg BT 318.79 402.40 Td (completion ) Tj ET Q q 0 0 0 rg BT 376.53 402.40 Td (of ) Tj ET Q q 0 0 0 rg BT 390.25 402.40 Td (our ) Tj ET Q q 0 0 0 rg BT 410.69 402.40 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 429.90 402.40 Td (2016 ) Tj ET Q q 0 0 0 rg BT 458.92 402.40 Td (compliance ) Tj ET Q q 0 0 0 rg BT 519.10 402.40 Td (reporting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 389.20 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 114.67 389.20 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 126.85 389.20 Td (the ) Tj ET Q q 0 0 0 rg BT 144.56 389.20 Td (ratio ) Tj ET Q q 0 0 0 rg BT 168.37 389.20 Td (of ) Tj ET Q q 0 0 0 rg BT 179.96 389.20 Td (Senior ) Tj ET Q q 0 0 0 rg BT 214.17 389.20 Td (Net ) Tj ET Q q 0 0 0 rg BT 233.70 389.20 Td (Debt ) Tj ET Q q 0 0 0 rg BT 259.35 389.20 Td (to ) Tj ET Q q 0 0 0 rg BT 270.46 389.20 Td (Annualised ) Tj ET Q q 0 0 0 rg BT 327.31 389.20 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 366.43 389.20 Td ( ) Tj ET Q q 0 0 0 rg BT 368.84 389.20 Td (\(last ) Tj ET Q q 0 0 0 rg BT 392.04 389.20 Td (two ) Tj ET Q q 0 0 0 rg BT 411.57 389.20 Td (quarters ) Tj ET Q q 0 0 0 rg BT 454.34 389.20 Td (annualised\) ) Tj ET Q q 0 0 0 rg BT 513.63 389.20 Td (was ) Tj ET Q q 0 0 0 rg BT 535.60 389.20 Td (3.56x ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 376.00 Td (and ) Tj ET Q q 0 0 0 rg BT 66.43 376.00 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 81.73 376.00 Td (the ) Tj ET Q q 0 0 0 rg BT 100.10 376.00 Td (ratio ) Tj ET Q q 0 0 0 rg BT 124.58 376.00 Td (of ) Tj ET Q q 0 0 0 rg BT 136.63 376.00 Td (T) Tj ET Q q 0 0 0 rg BT 142.13 376.00 Td (otal ) Tj ET Q q 0 0 0 rg BT 162.95 376.00 Td (Net ) Tj ET Q q 0 0 0 rg BT 183.14 376.00 Td (Debt ) Tj ET Q q 0 0 0 rg BT 209.46 376.00 Td (to ) Tj ET Q q 0 0 0 rg BT 221.10 376.00 Td (Annualised ) Tj ET Q q 0 0 0 rg BT 278.61 376.00 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 317.74 376.00 Td ( ) Tj ET Q q 0 0 0 rg BT 320.82 376.00 Td (\(last ) Tj ET Q q 0 0 0 rg BT 344.68 376.00 Td (two ) Tj ET Q q 0 0 0 rg BT 364.87 376.00 Td (quarters ) Tj ET Q q 0 0 0 rg BT 408.31 376.00 Td (annualised\) ) Tj ET Q q 0 0 0 rg BT 468.26 376.00 Td (was ) Tj ET Q q 0 0 0 rg BT 490.90 376.00 Td (4.50x, ) Tj ET Q q 0 0 0 rg BT 523.95 376.00 Td (each ) Tj ET Q q 0 0 0 rg BT 550.88 376.00 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 362.80 Td (defined ) Tj ET Q q 0 0 0 rg BT 85.84 362.80 Td (in, ) Tj ET Q q 0 0 0 rg BT 102.20 362.80 Td (and ) Tj ET Q q 0 0 0 rg BT 125.30 362.80 Td (calculated ) Tj ET Q q 0 0 0 rg BT 179.58 362.80 Td (in ) Tj ET Q q 0 0 0 rg BT 192.89 362.80 Td (accordance ) Tj ET Q q 0 0 0 rg BT 254.51 362.80 Td (with, ) Tj ET Q q 0 0 0 rg BT 281.87 362.80 Td (our ) Tj ET Q q 0 0 0 rg BT 302.52 362.80 Td (Senior ) Tj ET Q q 0 0 0 rg BT 339.06 362.80 Td (Credit ) Tj ET Q q 0 0 0 rg BT 373.15 362.80 Td (Facilities. ) Tj ET Q q 0 0 0 rg BT 423.74 362.80 Td (W) Tj ET Q q 0 0 0 rg BT 433.93 362.80 Td (e ) Tj ET Q q 0 0 0 rg BT 444.79 362.80 Td (had ) Tj ET Q q 0 0 0 rg BT 467.89 362.80 Td (maximum ) Tj ET Q q 0 0 0 rg BT 520.31 362.80 Td (undrawn ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 349.60 Td (commitments ) Tj ET Q q 0 0 0 rg BT 112.21 349.60 Td (of ) Tj ET Q q 0 0 0 rg BT 123.19 349.60 Td (299 ) Tj ET Q q 0 0 0 rg BT 149.47 349.60 Td (million ) Tj ET Q q 0 0 0 rg BT 182.45 349.60 Td (at ) Tj ET Q q 0 0 0 rg BT 193.43 349.60 Td (March ) Tj ET Q q 0 0 0 rg BT 225.80 349.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 242.90 349.60 Td (2016. ) Tj ET Q q 0 0 0 rg BT 272.24 349.60 Td (When ) Tj ET Q q 0 0 0 rg BT 302.78 349.60 Td (the ) Tj ET Q q 0 0 0 rg BT 319.88 349.60 Td (March ) Tj ET Q q 0 0 0 rg BT 352.25 349.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 369.35 349.60 Td (2016 ) Tj ET Q q 0 0 0 rg BT 395.63 349.60 Td (compliance ) Tj ET Q q 0 0 0 rg BT 453.08 349.60 Td (reporting ) Tj ET Q q 0 0 0 rg BT 498.30 349.60 Td (requirements ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 336.40 Td (have ) Tj ET Q q 0 0 0 rg BT 72.25 336.40 Td (been ) Tj ET Q q 0 0 0 rg BT 100.11 336.40 Td (completed ) Tj ET Q q 0 0 0 rg BT 154.26 336.40 Td (and ) Tj ET Q q 0 0 0 rg BT 176.01 336.40 Td (assuming ) Tj ET Q q 0 0 0 rg BT 226.48 336.40 Td (no ) Tj ET Q q 0 0 0 rg BT 242.11 336.40 Td (changes ) Tj ET Q q 0 0 0 rg BT 287.09 336.40 Td (from ) Tj ET Q q 0 0 0 rg BT 312.49 336.40 Td (March ) Tj ET Q q 0 0 0 rg BT 346.45 336.40 Td (31, ) Tj ET Q q 0 0 0 rg BT 365.13 336.40 Td (2016 ) Tj ET Q q 0 0 0 rg BT 393.00 336.40 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 444.70 336.40 Td (levels, ) Tj ET Q q 0 0 0 rg BT 479.27 336.40 Td (we ) Tj ET Q q 0 0 0 rg BT 496.73 336.40 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 547.21 336.40 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 323.20 Td (full ) Tj ET Q q 0 0 0 rg BT 62.12 323.20 Td (amount ) Tj ET Q q 0 0 0 rg BT 101.86 323.20 Td (of ) Tj ET Q q 0 0 0 rg BT 114.09 323.20 Td (our ) Tj ET Q q 0 0 0 rg BT 133.05 323.20 Td (unused ) Tj ET Q q 0 0 0 rg BT 172.19 323.20 Td (commitments ) Tj ET Q q 0 0 0 rg BT 240.65 323.20 Td (will ) Tj ET Q q 0 0 0 rg BT 258.98 323.20 Td (be ) Tj ET Q q 0 0 0 rg BT 274.27 323.20 Td (available ) Tj ET Q q 0 0 0 rg BT 320.75 323.20 Td (to ) Tj ET Q q 0 0 0 rg BT 332.98 323.20 Td (be ) Tj ET Q q 0 0 0 rg BT 348.27 323.20 Td (drawn.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 296.80 Td (On ) Tj ET Q q 0 0 0 rg BT 61.32 296.80 Td (April ) Tj ET Q q 0 0 0 rg BT 85.37 296.80 Td (26, ) Tj ET Q q 0 0 0 rg BT 102.71 296.80 Td (2016, ) Tj ET Q q 0 0 0 rg BT 132.29 296.80 Td (we ) Tj ET Q q 0 0 0 rg BT 148.40 296.80 Td (issued ) Tj ET Q q 0 0 0 rg BT 182.25 296.80 Td ($750 ) Tj ET Q q 0 0 0 rg BT 208.77 296.80 Td (million ) Tj ET Q q 0 0 0 rg BT 242.00 296.80 Td (\(521 ) Tj ET Q q 0 0 0 rg BT 272.18 296.80 Td (million\) ) Tj ET Q q 0 0 0 rg BT 309.07 296.80 Td (in ) Tj ET Q q 0 0 0 rg BT 319.68 296.80 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 371.27 296.80 Td (principal ) Tj ET Q q 0 0 0 rg BT 414.29 296.80 Td (amount ) Tj ET Q q 0 0 0 rg BT 453.03 296.80 Td (of ) Tj ET Q q 0 0 0 rg BT 464.25 296.80 Td (5.5% ) Tj ET Q q 0 0 0 rg BT 491.37 296.80 Td (senior ) Tj ET Q q 0 0 0 rg BT 523.38 296.80 Td (secured ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 283.60 Td (notes ) Tj ET Q q 0 0 0 rg BT 75.22 283.60 Td (due ) Tj ET Q q 0 0 0 rg BT 96.89 283.60 Td (2026. ) Tj ET Q q 0 0 0 rg BT 127.51 283.60 Td (The ) Tj ET Q q 0 0 0 rg BT 149.77 283.60 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 198.34 283.60 Td (were ) Tj ET Q q 0 0 0 rg BT 225.49 283.60 Td (used ) Tj ET Q q 0 0 0 rg BT 252.66 283.60 Td (to ) Tj ET Q q 0 0 0 rg BT 265.14 283.60 Td (repay ) Tj ET Q q 0 0 0 rg BT 295.97 283.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 341.47 283.60 Td (drawn ) Tj ET Q q 0 0 0 rg BT 374.74 283.60 Td (against ) Tj ET Q q 0 0 0 rg BT 413.52 283.60 Td (our ) Tj ET Q q 0 0 0 rg BT 432.73 283.60 Td (revolving ) Tj ET Q q 0 0 0 rg BT 480.07 283.60 Td (credit ) Tj ET Q q 0 0 0 rg BT 510.28 283.60 Td (facility ) Tj ET Q q 0 0 0 rg BT 544.15 283.60 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 270.40 Td (for ) Tj ET Q q 0 0 0 rg BT 60.89 270.40 Td (general ) Tj ET Q q 0 0 0 rg BT 100.64 270.40 Td (corporate ) Tj ET Q q 0 0 0 rg BT 150.17 270.40 Td (purposes.) Tj ET Q /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I22 Do Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.10 732.55 Td ( ) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 556.95 24.95 Td (7) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Third-Party Debt, Capital Lease Obligations and Cash and Cash Equivalents) Tj ET Q BT /F2 10.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 691.25 Td (The ) Tj ET Q q 0 0 0 rg BT 69.07 691.25 Td (following ) Tj ET Q q 0 0 0 rg BT 111.40 691.25 Td (table ) Tj ET Q q 0 0 0 rg BT 135.64 691.25 Td (details ) Tj ET Q q 0 0 0 rg BT 167.46 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 183.53 691.25 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 231.11 691.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 272.85 691.25 Td (and ) Tj ET Q q 0 0 0 rg BT 291.84 691.25 Td (pound ) Tj ET Q q 0 0 0 rg BT 322.51 691.25 Td (sterling ) Tj ET Q q 0 0 0 rg BT 357.83 691.25 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 407.17 691.25 Td (of ) Tj ET Q q 0 0 0 rg BT 417.40 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 433.47 691.25 Td (nominal ) Tj ET Q q 0 0 0 rg BT 471.71 691.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 508.21 691.25 Td (outstanding ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 678.65 Td (of ) Tj ET Q q 0 0 0 rg BT 61.52 678.65 Td (V) Tj ET Q q 0 0 0 rg BT 68.33 678.65 Td (irgin ) Tj ET Q q 0 0 0 rg BT 91.43 678.65 Td (Media's ) Tj ET Q q 0 0 0 rg BT 130.54 678.65 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 192.76 678.65 Td (third-party ) Tj ET Q q 0 0 0 rg BT 243.29 678.65 Td (debt ) Tj ET Q q 0 0 0 rg BT 266.98 678.65 Td (and ) Tj ET Q q 0 0 0 rg BT 287.76 678.65 Td (its ) Tj ET Q q 0 0 0 rg BT 301.52 678.65 Td (capital ) Tj ET Q q 0 0 0 rg BT 335.13 678.65 Td (lease ) Tj ET Q q 0 0 0 rg BT 363.49 678.65 Td (obligations ) Tj ET Q q 0 0 0 rg BT 416.95 678.65 Td (and ) Tj ET Q q 0 0 0 rg BT 437.73 678.65 Td (cash ) Tj ET Q q 0 0 0 rg BT 463.17 678.65 Td (and ) Tj ET Q q 0 0 0 rg BT 483.94 678.65 Td (cash ) Tj ET Q q 0 0 0 rg BT 509.38 678.65 Td (equivalents ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 666.05 Td (\(in ) Tj ET Q q 0 0 0 rg BT 64.09 666.05 Td (millions\): ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 632.55 m 414 632.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414 632.55 m 418 632.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 632.55 m 483 632.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 632.55 m 563 632.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 610.55 m 414 610.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 610.55 m 483 610.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 610.55 m 487 610.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 610.55 m 563 610.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 519.55 m 563 519.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 519.55 m 483 519.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 506.54999999999995 m 483 506.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 519.55 m 563 519.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 506.54999999999995 m 563 506.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 359.54999999999995 m 563 359.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 359.54999999999995 m 483 359.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 346.54999999999995 m 483 346.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 359.54999999999995 m 563 359.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 346.54999999999995 m 563 346.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 212.54999999999995 m 563 212.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 212.54999999999995 m 483 212.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 199.54999999999995 m 483 199.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 212.54999999999995 m 563 212.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 199.54999999999995 m 563 199.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 143.54999999999995 m 483 143.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 143.54999999999995 m 563 143.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 117.54999999999995 m 483 117.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 117.54999999999995 m 563 117.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 117.54999999999995 m 563 117.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 90.54999999999995 m 563 90.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 90.54999999999995 m 483 90.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 78.54999999999995 m 483 78.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 76.54999999999995 m 483 76.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 90.54999999999995 m 563 90.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 78.54999999999995 m 563 78.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 76.54999999999995 m 563 76.54999999999995 l s BT /F3 8.50 Tf ET q 0 0 0 rg BT 393.85 646.86 Td (March 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 494.85 646.86 Td (December 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 404.00 634.86 Td (2016) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 513.00 634.86 Td (2015) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 356.25 623.36 Td (Borrowing) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 359.50 614.86 Td (currency) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 461.90 614.86 Td ( equivalent) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 52.50 601.13 Td (Senior Credit Facility:) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 588.13 Td (Term Loan D \(LIBOR + 3.25%\) due 2022) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 233.25 588.13 Td (.........................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 588.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 588.13 Td (100.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 420.50 588.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 588.13 Td (100.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 489.50 588.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 588.13 Td (100.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 575.13 Td (Term Loan E \(LIBOR + 3.50%\) due 2023) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 230.60 575.13 Td (..........................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 575.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 575.13 Td (849.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 575.13 Td (849.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 575.13 Td (849.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 562.13 Td (Term Loan F \(LIBOR + 2.75%\) due 2023) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 230.60 562.13 Td (..........................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 562.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 378.60 562.13 Td (1,855.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 447.60 562.13 Td (1,288.7) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 527.60 562.13 Td (1,259.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 549.13 Td (Term Loan G \(EURIBOR + 3.00%\) due 2022) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 246.45 549.13 Td (....................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 549.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 391.80 549.13 Td (75.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 460.80 549.13 Td (59.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 549.80 549.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 536.13 Td (Term Loan H \(EURIBOR + 3.75%\) due 2021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 246.45 536.13 Td (....................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 536.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 391.80 536.13 Td (25.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 460.80 536.13 Td (19.8) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 549.80 536.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 523.13 Td (675.0 million \(equivalent\) Revolving Credit Facility \(LIBOR + 2.75%\) due 2021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 392.00 523.13 Td (.......) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 523.13 Td (375.6) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 523.13 Td (147.5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 66.00 510.13 Td (Total Senior Credit Facility) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 178.20 510.13 Td (........................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 447.60 510.13 Td (2,692.8) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 527.60 510.13 Td (2,355.9) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 52.50 493.13 Td (Senior Secured Notes:) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 480.13 Td (6.00% GBP Senior Secured Notes due 2021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 246.45 480.13 Td (....................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 480.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 480.13 Td (990.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 480.13 Td (990.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 480.13 Td (990.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 467.13 Td (5.50% GBP Senior Secured Notes due 2021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 246.45 467.13 Td (....................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 467.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 467.13 Td (628.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 467.13 Td (628.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 467.13 Td (628.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 454.13 Td (5.375% USD Senior Secured Notes due 2021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 251.75 454.13 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 454.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 454.13 Td (900.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 454.13 Td (625.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 454.13 Td (610.8) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 441.13 Td (5.25% USD Senior Secured Notes due 2021) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 246.45 441.13 Td (....................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 441.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 441.13 Td (447.9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 441.13 Td (311.1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 441.13 Td (304.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 428.13 Td (5.50% GBP Senior Secured Notes due 2025) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 246.45 428.13 Td (....................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 428.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 428.13 Td (387.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 428.13 Td (387.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 428.13 Td (387.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 415.13 Td (5.125% GBP Senior Secured Notes due 2025) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 251.75 415.13 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 415.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 415.13 Td (300.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 415.13 Td (300.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 415.13 Td (300.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 402.13 Td (5.50% USD Senior Secured Notes due 2025) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 246.45 402.13 Td (....................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 402.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 402.13 Td (425.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 402.13 Td (295.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 402.13 Td (288.5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 389.13 Td (5.25% USD Senior Secured Notes due 2026) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 246.45 389.13 Td (....................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 389.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 378.60 389.13 Td (1,000.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 389.13 Td (694.7) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 389.13 Td (678.7) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 376.13 Td (4.875% GBP Senior Secured Notes due 2027) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 251.75 376.13 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 376.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 376.13 Td (525.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 376.13 Td (525.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 376.13 Td (525.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 363.13 Td (6.25% GBP Senior Secured Notes due 2029) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 246.45 363.13 Td (....................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 363.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 363.13 Td (400.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 363.13 Td (400.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 363.13 Td (400.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 66.00 350.13 Td (Total Senior Secured Notes) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 183.45 350.13 Td (......................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 447.60 350.13 Td (5,156.8) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 527.60 350.13 Td (5,112.4) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 52.50 333.13 Td (Senior Notes:) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 320.13 Td (4.875% USD Senior Notes due 2022) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 214.75 320.13 Td (................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 320.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 320.13 Td (118.7) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 460.80 320.13 Td (82.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 540.80 320.13 Td (80.5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 307.13 Td (5.25% USD Senior Notes due 2022) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 209.50 307.13 Td (..................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 307.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 391.80 307.13 Td (95.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 460.80 307.13 Td (66.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 540.80 307.13 Td (64.5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 294.13 Td (5.125% GBP Senior Notes due 2022) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 214.75 294.13 Td (................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 294.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 391.80 294.13 Td (44.1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 460.80 294.13 Td (44.1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 540.80 294.13 Td (44.1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 281.13 Td (6.375% USD Senior Notes due 2023) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 214.75 281.13 Td (................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 281.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 281.13 Td (530.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 281.13 Td (368.2) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 281.13 Td (359.7) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 268.13 Td (7.00% GBP Senior Notes due 2023) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 209.50 268.13 Td (..................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 268.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 268.13 Td (250.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 268.13 Td (250.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 268.13 Td (250.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 255.13 Td (6.00% USD Senior Notes due 2024) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 209.50 255.13 Td (..................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 255.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 255.13 Td (500.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 255.13 Td (347.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 255.13 Td (339.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 242.13 Td (6.375% GBP Senior Notes due 2024) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 214.75 242.13 Td (................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 242.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 242.13 Td (300.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 242.13 Td (300.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 242.13 Td (300.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 229.13 Td (4.50% EUR Senior Notes due 2025) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 209.50 229.13 Td (..................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 229.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 229.13 Td (460.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 229.13 Td (363.7) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 229.13 Td (339.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 58.50 216.13 Td (5.75% USD Senior Notes due 2025) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 209.50 216.13 Td (..................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 216.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 386.50 216.13 Td (400.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 216.13 Td (277.9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 216.13 Td (271.5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 66.00 203.13 Td (Total Senior Notes) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 146.50 203.13 Td (....................................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 447.60 203.13 Td (2,099.7) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 527.60 203.13 Td (2,049.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.50 186.13 Td (6.50% USD Convertible Senior Notes due 2016) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 254.35 186.13 Td (.................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 351.50 186.13 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 391.80 186.13 Td (54.8) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 460.80 186.13 Td (38.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 540.80 186.13 Td (37.2) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.50 173.13 Td (Vendor financing) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 125.40 173.13 Td (............................................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 173.13 Td (436.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 173.13 Td (513.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.50 160.13 Td (Other debt) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 99.00 160.13 Td (......................................................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 460.80 160.13 Td (39.6) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 549.80 160.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.50 147.13 Td (Capital lease obligations) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 157.05 147.13 Td (................................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 147.13 Td (102.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 535.50 147.13 Td (108.2) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 76.50 134.13 Td (Total third-party debt and capital lease obligations) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 304.90 134.13 Td (........................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 442.30 134.13 Td (10,565.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 522.30 134.13 Td (10,176.1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.50 121.13 Td (Unamortised premiums, discounts and deferred financing costs, net) Tj ET Q BT /F2 9.50 Tf ET BT /F2 6.17 Tf ET q 0 0 0 rg BT 336.60 125.67 Td (34) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 344.50 121.13 Td (.........................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 457.60 121.13 Td (\(72.9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 479.30 121.13 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 537.60 121.13 Td (\(72.8) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 559.30 121.13 Td (\)) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 84.00 108.08 Td (Total carrying amount of third-party debt and capital lease obligations) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.90 108.13 Td (....) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 442.30 108.08 Td (10,492.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 522.30 108.08 Td (10,103.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.50 94.13 Td (Less: cash and cash equivalents) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 191.40 94.13 Td (...................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 455.50 94.13 Td (188.2) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 540.80 94.13 Td (20.2) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 78.00 81.13 Td (Net carrying amount of third-party debt and capital lease obligations) Tj ET Q BT /F3 9.50 Tf ET BT /F3 6.17 Tf ET q 0 0 0 rg BT 386.81 85.67 Td (24) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 394.65 81.13 Td (......) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 420.50 81.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 442.30 81.13 Td (10,304.2) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 489.50 81.13 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 522.30 81.13 Td (10,083.1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.50 64.13 Td (Exchange rate \( to \)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 149.15 64.13 Td (...................................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 450.20 64.13 Td (1.2647) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 530.20 64.13 Td (1.3559) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.50 51.13 Td (Exchange rate \($ to \)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 149.15 51.13 Td (...................................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 450.20 51.13 Td (1.4394) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 530.20 51.13 Td (1.4734) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I23 Do Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F2 9.00 Tf ET q 0 0 0 rg BT 556.95 24.95 Td (8) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 230.20 409.50 Td (This page intentionally left blank) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 556.95 24.95 Td (9) Tj ET Q BT /F2 20.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 705.45 Td (Unitymedia Reports Preliminary Q1 2016 Results) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 674.25 Td (Executing our V) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 161.27 674.25 Td (alue Strategy) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 254.36 674.25 Td (, Including Successful Implementation of ) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 655.05 Td (Q1 Price Increases to Underpin our Financial Growth in 2016) Tj ET Q BT /F2 16.00 Tf ET BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 625.85 Td (New Spring Campaign Launched to Drive Higher-T) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 409.97 625.85 Td (ier Bundles) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 602.65 Td (Unitymedia ) Tj ET Q q 0 0 0 rg BT 107.43 602.65 Td (GmbH ) Tj ET Q q 0 0 0 rg BT 142.11 602.65 Td (\("Unitymedia"\) ) Tj ET Q q 0 0 0 rg BT 215.18 602.65 Td (is ) Tj ET Q q 0 0 0 rg BT 226.02 602.65 Td (the ) Tj ET Q q 0 0 0 rg BT 244.22 602.65 Td (leading ) Tj ET Q q 0 0 0 rg BT 282.60 602.65 Td (cable ) Tj ET Q q 0 0 0 rg BT 311.80 602.65 Td (operator ) Tj ET Q q 0 0 0 rg BT 355.68 602.65 Td (in ) Tj ET Q q 0 0 0 rg BT 367.15 602.65 Td (Germany ) Tj ET Q q 0 0 0 rg BT 415.29 602.65 Td (and ) Tj ET Q q 0 0 0 rg BT 436.55 602.65 Td (the ) Tj ET Q q 0 0 0 rg BT 454.74 602.65 Td (federal ) Tj ET Q q 0 0 0 rg BT 491.28 602.65 Td (states ) Tj ET Q q 0 0 0 rg BT 523.54 602.65 Td (of ) Tj ET Q q 0 0 0 rg BT 535.61 602.65 Td (North ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 589.45 Td (Rhine-W) Tj ET Q q 0 0 0 rg BT 92.09 589.45 Td (estphalia ) Tj ET Q q 0 0 0 rg BT 139.74 589.45 Td (\("NR) Tj ET Q q 0 0 0 rg BT 163.00 589.45 Td (W"\), ) Tj ET Q q 0 0 0 rg BT 187.63 589.45 Td (Hesse ) Tj ET Q q 0 0 0 rg BT 222.44 589.45 Td (and ) Tj ET Q q 0 0 0 rg BT 244.41 589.45 Td (Baden-Wrttemberg. ) Tj ET Q q 0 0 0 rg BT 350.14 589.45 Td (W) Tj ET Q q 0 0 0 rg BT 360.32 589.45 Td (e ) Tj ET Q q 0 0 0 rg BT 370.06 589.45 Td (provide ) Tj ET Q q 0 0 0 rg BT 409.76 589.45 Td (cable ) Tj ET Q q 0 0 0 rg BT 439.69 589.45 Td (television, ) Tj ET Q q 0 0 0 rg BT 492.23 589.45 Td (internet, ) Tj ET Q q 0 0 0 rg BT 535.60 589.45 Td (fixed-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 576.25 Td (line ) Tj ET Q q 0 0 0 rg BT 69.68 576.25 Td (telephony ) Tj ET Q q 0 0 0 rg BT 120.44 576.25 Td (and ) Tj ET Q q 0 0 0 rg BT 141.85 576.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 177.31 576.25 Td (services, ) Tj ET Q q 0 0 0 rg BT 223.77 576.25 Td (under ) Tj ET Q q 0 0 0 rg BT 254.96 576.25 Td (our ) Tj ET Q q 0 0 0 rg BT 273.91 576.25 Td ("Unitymedia" ) Tj ET Q q 0 0 0 rg BT 339.80 576.25 Td (brand ) Tj ET Q q 0 0 0 rg BT 370.99 576.25 Td (to ) Tj ET Q q 0 0 0 rg BT 383.22 576.25 Td (7.1 ) Tj ET Q q 0 0 0 rg BT 401.56 576.25 Td (million ) Tj ET Q q 0 0 0 rg BT 435.79 576.25 Td (customers.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 49.50 549.85 Td (Operating and financial highlights) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.34 549.85 Td (*) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 231.62 549.85 Td (:) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 524.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 524.05 Td (Continued ) Tj ET Q q 0 0 0 rg BT 134.30 524.05 Td (focus ) Tj ET Q q 0 0 0 rg BT 163.25 524.05 Td (on ) Tj ET Q q 0 0 0 rg BT 178.14 524.05 Td (our ) Tj ET Q q 0 0 0 rg BT 196.69 524.05 Td (value ) Tj ET Q q 0 0 0 rg BT 225.64 524.05 Td (strategy ) Tj ET Q q 0 0 0 rg BT 267.42 524.05 Td (delivered ) Tj ET Q q 0 0 0 rg BT 314.71 524.05 Td (24,000 ) Tj ET Q q 0 0 0 rg BT 351.01 524.05 Td (RGU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 375.45 529.30 Td (3) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 379.43 524.05 Td ( ) Tj ET Q q 0 0 0 rg BT 382.08 524.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 428.77 524.05 Td (in ) Tj ET Q q 0 0 0 rg BT 439.98 524.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 457.31 524.05 Td (2016, ) Tj ET Q q 0 0 0 rg BT 487.49 524.05 Td (as ) Tj ET Q q 0 0 0 rg BT 501.76 524.05 Td (compared ) Tj ET Q q 0 0 0 rg BT 553.33 524.05 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 510.85 Td (29,000 ) Tj ET Q q 0 0 0 rg BT 118.20 510.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 145.70 510.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 192.79 510.85 Td (in ) Tj ET Q q 0 0 0 rg BT 204.41 510.85 Td (the ) Tj ET Q q 0 0 0 rg BT 222.75 510.85 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 272.88 510.85 Td (period) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 491.03 cm /I24 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 494.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 145.48 494.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 193.06 494.05 Td (in ) Tj ET Q q 0 0 0 rg BT 205.16 494.05 Td (both ) Tj ET Q q 0 0 0 rg BT 230.10 494.05 Td (periods ) Tj ET Q q 0 0 0 rg BT 269.72 494.05 Td (impacted ) Tj ET Q q 0 0 0 rg BT 317.90 494.05 Td (by ) Tj ET Q q 0 0 0 rg BT 333.05 494.05 Td (expected ) Tj ET Q q 0 0 0 rg BT 381.24 494.05 Td (churn) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 408.75 499.30 Td (2) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 412.73 494.05 Td ( ) Tj ET Q q 0 0 0 rg BT 416.27 494.05 Td (related ) Tj ET Q q 0 0 0 rg BT 453.44 494.05 Td (to ) Tj ET Q q 0 0 0 rg BT 466.16 494.05 Td (price ) Tj ET Q q 0 0 0 rg BT 493.54 494.05 Td (increases ) Tj ET Q q 0 0 0 rg BT 544.15 494.05 Td (that ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 480.85 Td (af) Tj ET Q q 0 0 0 rg BT 126.48 480.85 Td (fected ) Tj ET Q q 0 0 0 rg BT 159.50 480.85 Td (over ) Tj ET Q q 0 0 0 rg BT 183.95 480.85 Td (4 ) Tj ET Q q 0 0 0 rg BT 193.13 480.85 Td (million ) Tj ET Q q 0 0 0 rg BT 227.35 480.85 Td (customers) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 278.09 486.10 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 282.07 480.85 Td ( ) Tj ET Q q 0 0 0 rg BT 285.12 480.85 Td (in ) Tj ET Q q 0 0 0 rg BT 296.74 480.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 314.47 480.85 Td (and ) Tj ET Q q 0 0 0 rg BT 335.88 480.85 Td (approximately ) Tj ET Q q 0 0 0 rg BT 407.41 480.85 Td (1 ) Tj ET Q q 0 0 0 rg BT 416.59 480.85 Td (million ) Tj ET Q q 0 0 0 rg BT 450.82 480.85 Td (customers ) Tj ET Q q 0 0 0 rg BT 504.61 480.85 Td (in ) Tj ET Q q 0 0 0 rg BT 516.22 480.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 533.95 480.85 Td (2015) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 461.03 cm /I25 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 464.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 134.83 464.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 161.96 464.05 Td (net ) Tj ET Q q 0 0 0 rg BT 179.91 464.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 226.60 464.05 Td (supported ) Tj ET Q q 0 0 0 rg BT 278.18 464.05 Td (by ) Tj ET Q q 0 0 0 rg BT 292.46 464.05 Td (solid ) Tj ET Q q 0 0 0 rg BT 317.74 464.05 Td (broadband) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 370.34 469.30 Td (4) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 374.32 464.05 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284.47 434.05 Td (and ) Tj ET Q q 0 0 0 rg BT 305.88 434.05 Td (26,000 ) Tj ET Q q 0 0 0 rg BT 342.58 434.05 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 389.66 434.05 Td (telephony) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 437.36 439.30 Td (5) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 441.34 434.05 Td ( ) Tj ET Q q 0 0 0 rg BT 444.40 434.05 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 477.40 434.05 Td (in ) Tj ET Q q 0 0 0 rg BT 489.01 434.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 506.74 434.05 Td (2016) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 414.23 cm /I27 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 417.25 Td (Higher ) Tj ET Q q 0 0 0 rg BT 152.74 417.25 Td (video ) Tj ET Q q 0 0 0 rg BT 181.87 417.25 Td (attrition ) Tj ET Q q 0 0 0 rg BT 220.77 417.25 Td (mainly ) Tj ET Q q 0 0 0 rg BT 255.39 417.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 288.18 417.25 Td (by ) Tj ET Q q 0 0 0 rg BT 302.63 417.25 Td (the ) Tj ET Q q 0 0 0 rg BT 320.76 417.25 Td (net ) Tj ET Q q 0 0 0 rg BT 338.88 417.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 374.11 417.25 Td (of ) Tj ET Q q 0 0 0 rg BT 386.12 417.25 Td (an ) Tj ET Q q 0 0 0 rg BT 401.19 417.25 Td (1) Tj ET Q q 0 0 0 rg BT 406.49 417.25 Td (1% ) Tj ET Q q 0 0 0 rg BT 425.22 417.25 Td (basic ) Tj ET Q q 0 0 0 rg BT 453.73 417.25 Td (video ) Tj ET Q q 0 0 0 rg BT 482.86 417.25 Td (price ) Tj ET Q q 0 0 0 rg BT 509.53 417.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 553.94 417.25 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 404.05 Td (our ) Tj ET Q q 0 0 0 rg BT 135.44 404.05 Td (single ) Tj ET Q q 0 0 0 rg BT 166.21 404.05 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 208.00 404.05 Td (unit ) Tj ET Q q 0 0 0 rg BT 227.77 404.05 Td (\("SDU"\) ) Tj ET Q q 0 0 0 rg BT 268.17 404.05 Td (segment ) Tj ET Q q 0 0 0 rg BT 312.39 404.05 Td (and ) Tj ET Q q 0 0 0 rg BT 332.78 404.05 Td (gains ) Tj ET Q q 0 0 0 rg BT 361.12 404.05 Td (in ) Tj ET Q q 0 0 0 rg BT 371.72 404.05 Td (our ) Tj ET Q q 0 0 0 rg BT 389.65 404.05 Td (multi-dwelling ) Tj ET Q q 0 0 0 rg BT 458.32 404.05 Td (unit ) Tj ET Q q 0 0 0 rg BT 478.10 404.05 Td (\("MDU"\) ) Tj ET Q q 0 0 0 rg BT 520.32 404.05 Td (segment ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 378.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 378.25 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 122.26 378.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 139.37 378.25 Td (base ) Tj ET Q q 0 0 0 rg BT 166.28 378.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 217.03 378.25 Td (by ) Tj ET Q q 0 0 0 rg BT 231.71 378.25 Td (26,000 ) Tj ET Q q 0 0 0 rg BT 268.41 378.25 Td (to ) Tj ET Q q 0 0 0 rg BT 280.64 378.25 Td (485,000, ) Tj ET Q q 0 0 0 rg BT 326.51 378.25 Td (or ) Tj ET Q q 0 0 0 rg BT 339.35 378.25 Td (7.5% ) Tj ET Q q 0 0 0 rg BT 367.48 378.25 Td (of ) Tj ET Q q 0 0 0 rg BT 379.71 378.25 Td (our ) Tj ET Q q 0 0 0 rg BT 398.66 378.25 Td (total ) Tj ET Q q 0 0 0 rg BT 422.51 378.25 Td (video ) Tj ET Q q 0 0 0 rg BT 451.86 378.25 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 505.66 378.25 Td (base) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 352.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 352.45 Td (Announced ) Tj ET Q q 0 0 0 rg BT 138.96 352.45 Td (analog ) Tj ET Q q 0 0 0 rg BT 173.67 352.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 189.52 352.45 Td (switch-of) Tj ET Q q 0 0 0 rg BT 232.72 352.45 Td (f ) Tj ET Q q 0 0 0 rg BT 237.58 352.45 Td (by ) Tj ET Q q 0 0 0 rg BT 250.99 352.45 Td (June ) Tj ET Q q 0 0 0 rg BT 276.64 352.45 Td (30, ) Tj ET Q q 0 0 0 rg BT 293.73 352.45 Td (2017, ) Tj ET Q q 0 0 0 rg BT 323.05 352.45 Td (beginning ) Tj ET Q q 0 0 0 rg BT 372.56 352.45 Td (with ) Tj ET Q q 0 0 0 rg BT 393.92 352.45 Td (the ) Tj ET Q q 0 0 0 rg BT 411.01 352.45 Td (removal ) Tj ET Q q 0 0 0 rg BT 451.93 352.45 Td (of ) Tj ET Q q 0 0 0 rg BT 462.90 352.45 Td (four ) Tj ET Q q 0 0 0 rg BT 483.65 352.45 Td (analog ) Tj ET Q q 0 0 0 rg BT 518.48 352.45 Td (channels ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 339.25 Td (in ) Tj ET Q q 0 0 0 rg BT 92.51 339.25 Td (April ) Tj ET Q q 0 0 0 rg BT 117.57 339.25 Td (2016. ) Tj ET Q q 0 0 0 rg BT 148.16 339.25 Td ( ) Tj ET Q q 0 0 0 rg BT 151.01 339.25 Td (T) Tj ET Q q 0 0 0 rg BT 156.51 339.25 Td (otal ) Tj ET Q q 0 0 0 rg BT 177.30 339.25 Td (high ) Tj ET Q q 0 0 0 rg BT 201.16 339.25 Td (definition ) Tj ET Q q 0 0 0 rg BT 248.25 339.25 Td (\("HD"\) ) Tj ET Q q 0 0 0 rg BT 282.33 339.25 Td (channels ) Tj ET Q q 0 0 0 rg BT 329.41 339.25 Td (to ) Tj ET Q q 0 0 0 rg BT 341.64 339.25 Td (be ) Tj ET Q q 0 0 0 rg BT 356.94 339.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 407.69 339.25 Td (to ) Tj ET Q q 0 0 0 rg BT 419.92 339.25 Td (over ) Tj ET Q q 0 0 0 rg BT 444.37 339.25 Td (80 ) Tj ET Q q 0 0 0 rg BT 459.66 339.25 Td (in ) Tj ET Q q 0 0 0 rg BT 471.28 339.25 Td (May) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 313.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 313.45 Td (Seamless ) Tj ET Q q 0 0 0 rg BT 134.45 313.45 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 161.09 313.45 Td (of) Tj ET Q q 0 0 0 rg BT 170.07 313.45 Td (fer ) Tj ET Q q 0 0 0 rg BT 187.56 313.45 Td (to ) Tj ET Q q 0 0 0 rg BT 201.38 313.45 Td (be ) Tj ET Q q 0 0 0 rg BT 218.27 313.45 Td (launched ) Tj ET Q q 0 0 0 rg BT 267.57 313.45 Td (in ) Tj ET Q q 0 0 0 rg BT 280.79 313.45 Td (the ) Tj ET Q q 0 0 0 rg BT 300.73 313.45 Td (summer) Tj ET Q q 0 0 0 rg BT 339.85 313.45 Td (, ) Tj ET Q q 0 0 0 rg BT 347.56 313.45 Td (of) Tj ET Q q 0 0 0 rg BT 356.53 313.45 Td (fering ) Tj ET Q q 0 0 0 rg BT 388.70 313.45 Td (compelling ) Tj ET Q q 0 0 0 rg BT 445.93 313.45 Td (out-of-home ) Tj ET Q q 0 0 0 rg BT 509.89 313.45 Td (broadband ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 300.25 Td (coverage ) Tj ET Q q 0 0 0 rg BT 129.81 300.25 Td (with ) Tj ET Q q 0 0 0 rg BT 152.43 300.25 Td (access ) Tj ET Q q 0 0 0 rg BT 189.72 300.25 Td (to ) Tj ET Q q 0 0 0 rg BT 201.95 300.25 Td (an ) Tj ET Q q 0 0 0 rg BT 217.24 300.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 264.94 300.25 Td (1.5 ) Tj ET Q q 0 0 0 rg BT 283.29 300.25 Td (million ) Tj ET Q q 0 0 0 rg BT 317.52 300.25 Td (WifiSpots ) Tj ET Q q 0 0 0 rg BT 367.03 300.25 Td (by ) Tj ET Q q 0 0 0 rg BT 381.70 300.25 Td (year-end) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 274.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 274.45 Td (Initiated ) Tj ET Q q 0 0 0 rg BT 121.70 274.45 Td ("Highspeed ) Tj ET Q q 0 0 0 rg BT 179.86 274.45 Td (W) Tj ET Q q 0 0 0 rg BT 190.05 274.45 Td (eeks" ) Tj ET Q q 0 0 0 rg BT 218.85 274.45 Td (spring ) Tj ET Q q 0 0 0 rg BT 250.48 274.45 Td (promotion ) Tj ET Q q 0 0 0 rg BT 301.07 274.45 Td (in ) Tj ET Q q 0 0 0 rg BT 311.30 274.45 Td (early ) Tj ET Q q 0 0 0 rg BT 336.48 274.45 Td (April, ) Tj ET Q q 0 0 0 rg BT 363.21 274.45 Td (which ) Tj ET Q q 0 0 0 rg BT 393.00 274.45 Td (extends ) Tj ET Q q 0 0 0 rg BT 433.19 274.45 Td (the ) Tj ET Q q 0 0 0 rg BT 450.15 274.45 Td (discounted ) Tj ET Q q 0 0 0 rg BT 505.03 274.45 Td (promotional ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 261.25 Td (period ) Tj ET Q q 0 0 0 rg BT 115.13 261.25 Td (for ) Tj ET Q q 0 0 0 rg BT 131.03 261.25 Td (all ) Tj ET Q q 0 0 0 rg BT 145.09 261.25 Td (new ) Tj ET Q q 0 0 0 rg BT 168.32 261.25 Td (double- ) Tj ET Q q 0 0 0 rg BT 208.08 261.25 Td (and ) Tj ET Q q 0 0 0 rg BT 229.48 261.25 Td (triple-play ) Tj ET Q q 0 0 0 rg BT 280.23 261.25 Td (bundles ) Tj ET Q q 0 0 0 rg BT 321.81 261.25 Td (with ) Tj ET Q q 0 0 0 rg BT 344.43 261.25 Td (speeds ) Tj ET Q q 0 0 0 rg BT 382.96 261.25 Td (of ) Tj ET Q q 0 0 0 rg BT 395.19 261.25 Td (120 ) Tj ET Q q 0 0 0 rg BT 416.60 261.25 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 446.55 261.25 Td (or ) Tj ET Q q 0 0 0 rg BT 459.39 261.25 Td (higher ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 241.43 cm /I28 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 244.45 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 165.79 244.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 193.29 244.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 240.38 244.45 Td (expected ) Tj ET Q q 0 0 0 rg BT 288.08 244.45 Td (to ) Tj ET Q q 0 0 0 rg BT 300.31 244.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 344.94 244.45 Td (from ) Tj ET Q q 0 0 0 rg BT 370.00 244.45 Td (current ) Tj ET Q q 0 0 0 rg BT 407.29 244.45 Td (levels ) Tj ET Q q 0 0 0 rg BT 438.47 244.45 Td (during ) Tj ET Q q 0 0 0 rg BT 472.10 244.45 Td (remainder ) Tj ET Q q 0 0 0 rg BT 524.68 244.45 Td (of ) Tj ET Q q 0 0 0 rg BT 536.91 244.45 Td (2016) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 218.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 218.65 Td (New ) Tj ET Q q 0 0 0 rg BT 106.51 218.65 Td (build ) Tj ET Q q 0 0 0 rg BT 132.75 218.65 Td (activities ) Tj ET Q q 0 0 0 rg BT 177.93 218.65 Td (in ) Tj ET Q q 0 0 0 rg BT 189.50 218.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 207.17 218.65 Td (mainly ) Tj ET Q q 0 0 0 rg BT 241.96 218.65 Td (focused ) Tj ET Q q 0 0 0 rg BT 283.49 218.65 Td (on ) Tj ET Q q 0 0 0 rg BT 298.73 218.65 Td (setting ) Tj ET Q q 0 0 0 rg BT 334.14 218.65 Td (up ) Tj ET Q q 0 0 0 rg BT 349.38 218.65 Td (team ) Tj ET Q q 0 0 0 rg BT 376.83 218.65 Td (and ) Tj ET Q q 0 0 0 rg BT 398.19 218.65 Td (preparing ) Tj ET Q q 0 0 0 rg BT 447.67 218.65 Td (systems ) Tj ET Q q 0 0 0 rg BT 491.01 218.65 Td (and ) Tj ET Q q 0 0 0 rg BT 512.36 218.65 Td (processes) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 198.83 cm /I29 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 201.85 Td (Expanded ) Tj ET Q q 0 0 0 rg BT 169.78 201.85 Td (our ) Tj ET Q q 0 0 0 rg BT 188.42 201.85 Td (marketable ) Tj ET Q q 0 0 0 rg BT 245.57 201.85 Td (base ) Tj ET Q q 0 0 0 rg BT 272.16 201.85 Td (by ) Tj ET Q q 0 0 0 rg BT 286.52 201.85 Td (over ) Tj ET Q q 0 0 0 rg BT 310.65 201.85 Td (30,000 ) Tj ET Q q 0 0 0 rg BT 347.04 201.85 Td (in ) Tj ET Q q 0 0 0 rg BT 358.34 201.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 375.75 201.85 Td (through ) Tj ET Q q 0 0 0 rg BT 415.80 201.85 Td (upgrades ) Tj ET Q q 0 0 0 rg BT 464.40 201.85 Td (and ) Tj ET Q q 0 0 0 rg BT 485.49 201.85 Td (new ) Tj ET Q q 0 0 0 rg BT 508.41 201.85 Td (builds, ) Tj ET Q q 0 0 0 rg BT 542.95 201.85 Td (with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 188.65 Td (the ) Tj ET Q q 0 0 0 rg BT 136.16 188.65 Td (2016 ) Tj ET Q q 0 0 0 rg BT 164.00 188.65 Td (target ) Tj ET Q q 0 0 0 rg BT 195.50 188.65 Td (remaining ) Tj ET Q q 0 0 0 rg BT 247.17 188.65 Td (at ) Tj ET Q q 0 0 0 rg BT 259.71 188.65 Td (200,000. ) Tj ET Q q 0 0 0 rg BT 305.67 188.65 Td (The ) Tj ET Q q 0 0 0 rg BT 328.00 188.65 Td (majority ) Tj ET Q q 0 0 0 rg BT 369.87 188.65 Td (of ) Tj ET Q q 0 0 0 rg BT 382.41 188.65 Td (the ) Tj ET Q q 0 0 0 rg BT 401.07 188.65 Td (construction ) Tj ET Q q 0 0 0 rg BT 463.75 188.65 Td (is ) Tj ET Q q 0 0 0 rg BT 475.06 188.65 Td (expected ) Tj ET Q q 0 0 0 rg BT 523.07 188.65 Td (to ) Tj ET Q q 0 0 0 rg BT 535.62 188.65 Td (occur ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 175.45 Td (in ) Tj ET Q q 0 0 0 rg BT 129.12 175.45 Td (the ) Tj ET Q q 0 0 0 rg BT 147.47 175.45 Td (second ) Tj ET Q q 0 0 0 rg BT 185.99 175.45 Td (half ) Tj ET Q q 0 0 0 rg BT 206.78 175.45 Td (of ) Tj ET Q q 0 0 0 rg BT 219.01 175.45 Td (the ) Tj ET Q q 0 0 0 rg BT 237.36 175.45 Td (year ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 149.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 149.65 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 128.59 149.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 179.34 149.65 Td (4% ) Tj ET Q q 0 0 0 rg BT 198.29 149.65 Td (and ) Tj ET Q q 0 0 0 rg BT 219.10 149.65 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 264.96 149.65 Td (Segment ) Tj ET Q q 0 0 0 rg BT 312.04 149.65 Td (EBITDA) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 351.77 154.90 Td (25) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 359.73 149.65 Td ( ) Tj ET Q q 0 0 0 rg BT 362.78 149.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 413.53 149.65 Td (4% ) Tj ET Q q 0 0 0 rg BT 432.49 149.65 Td (in ) Tj ET Q q 0 0 0 rg BT 444.11 149.65 Td (Q1) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 123.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 123.85 Td (Net ) Tj ET Q q 0 0 0 rg BT 101.67 123.85 Td (loss ) Tj ET Q q 0 0 0 rg BT 124.29 123.85 Td (of) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 133.47 123.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 136.52 123.85 Td (7 ) Tj ET Q q 0 0 0 rg BT 151.81 123.85 Td (million ) Tj ET Q q 0 0 0 rg BT 186.04 123.85 Td (in ) Tj ET Q q 0 0 0 rg BT 197.66 123.85 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 218.45 123.85 Td (as ) Tj ET Q q 0 0 0 rg BT 233.12 123.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 285.09 123.85 Td (to ) Tj ET Q q 0 0 0 rg BT 297.32 123.85 Td (a ) Tj ET Q q 0 0 0 rg BT 306.50 123.85 Td (net ) Tj ET Q q 0 0 0 rg BT 324.84 123.85 Td (loss ) Tj ET Q q 0 0 0 rg BT 347.46 123.85 Td (of ) Tj ET Q q 0 0 0 rg BT 359.69 123.85 Td (42.5 ) Tj ET Q q 0 0 0 rg BT 390.27 123.85 Td (million ) Tj ET Q q 0 0 0 rg BT 424.50 123.85 Td (in ) Tj ET Q q 0 0 0 rg BT 436.12 123.85 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 486.24 123.85 Td (period) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 98.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 98.05 Td (Property) Tj ET Q q 0 0 0 rg BT 122.26 98.05 Td (, ) Tj ET Q q 0 0 0 rg BT 128.37 98.05 Td (equipment ) Tj ET Q q 0 0 0 rg BT 182.79 98.05 Td (and ) Tj ET Q q 0 0 0 rg BT 204.20 98.05 Td (intangible ) Tj ET Q q 0 0 0 rg BT 254.35 98.05 Td (asset ) Tj ET Q q 0 0 0 rg BT 283.70 98.05 Td (additions) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 327.73 103.30 Td (10 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 337.67 98.05 Td (were ) Tj ET Q q 0 0 0 rg BT 364.57 98.05 Td (25% ) Tj ET Q q 0 0 0 rg BT 389.64 98.05 Td (of ) Tj ET Q q 0 0 0 rg BT 401.87 98.05 Td (revenue ) Tj ET Q q 0 0 0 rg BT 444.68 98.05 Td (in ) Tj ET Q q 0 0 0 rg BT 456.30 98.05 Td (Q1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 71.65 Td (* ) Tj ET Q q 0 0 0 rg BT 54.01 71.65 Td (The ) Tj ET Q q 0 0 0 rg BT 69.29 71.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 100.13 71.65 Td (figures ) Tj ET Q q 0 0 0 rg BT 125.64 71.65 Td (contained ) Tj ET Q q 0 0 0 rg BT 161.83 71.65 Td (in ) Tj ET Q q 0 0 0 rg BT 169.55 71.65 Td (this ) Tj ET Q q 0 0 0 rg BT 183.49 71.65 Td (release ) Tj ET Q q 0 0 0 rg BT 211.22 71.65 Td (are ) Tj ET Q q 0 0 0 rg BT 224.28 71.65 Td (prepared ) Tj ET Q q 0 0 0 rg BT 257.79 71.65 Td (in ) Tj ET Q q 0 0 0 rg BT 265.51 71.65 Td (accordance ) Tj ET Q q 0 0 0 rg BT 308.36 71.65 Td (with ) Tj ET Q q 0 0 0 rg BT 324.08 71.65 Td (EU-IFRS) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 356.08 75.47 Td (26) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.87 71.65 Td (. ) Tj ET Q q 0 0 0 rg BT 365.58 71.65 Td (Unitymedia) Tj ET Q q 0 0 0 rg BT 407.23 71.65 Td (s ) Tj ET Q q 0 0 0 rg BT 412.72 71.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 443.57 71.65 Td (condition ) Tj ET Q q 0 0 0 rg BT 477.09 71.65 Td (and ) Tj ET Q q 0 0 0 rg BT 491.93 71.65 Td (results ) Tj ET Q q 0 0 0 rg BT 516.98 71.65 Td (of ) Tj ET Q q 0 0 0 rg BT 525.15 71.65 Td (operations ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 54.00 62.05 Td (will ) Tj ET Q q 0 0 0 rg BT 67.71 62.05 Td (be ) Tj ET Q q 0 0 0 rg BT 79.21 62.05 Td (included ) Tj ET Q q 0 0 0 rg BT 111.61 62.05 Td (in ) Tj ET Q q 0 0 0 rg BT 120.43 62.05 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 147.04 62.05 Td (Global) Tj ET Q q 0 0 0 rg BT 171.80 62.05 Td (s ) Tj ET Q q 0 0 0 rg BT 178.40 62.05 Td (condensed ) Tj ET Q q 0 0 0 rg BT 220.14 62.05 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 267.66 62.05 Td (financial ) Tj ET Q q 0 0 0 rg BT 299.61 62.05 Td (statements ) Tj ET Q q 0 0 0 rg BT 341.34 62.05 Td (under ) Tj ET Q q 0 0 0 rg BT 364.40 62.05 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 382.56 62.05 Td (GAAP) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 404.79 65.87 Td (1) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 407.30 65.87 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.19 62.05 Td (. ) Tj ET Q q 0 0 0 rg BT 414.84 62.05 Td (There ) Tj ET Q q 0 0 0 rg BT 438.34 62.05 Td (are ) Tj ET Q q 0 0 0 rg BT 452.50 62.05 Td (significant ) Tj ET Q q 0 0 0 rg BT 490.67 62.05 Td (dif) Tj ET Q q 0 0 0 rg BT 498.98 62.05 Td (ferences ) Tj ET Q q 0 0 0 rg BT 532.26 62.05 Td (between ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 54.00 52.45 Td (the ) Tj ET Q q 0 0 0 rg BT 67.34 52.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 85.13 52.45 Td (GAAP) Tj ET Q q 0 0 0 rg BT 107.21 52.45 Td ( ) Tj ET Q q 0 0 0 rg BT 109.43 52.45 Td (and ) Tj ET Q q 0 0 0 rg BT 125.00 52.45 Td (EU-IFRS ) Tj ET Q q 0 0 0 rg BT 159.23 52.45 Td (presentations ) Tj ET Q q 0 0 0 rg BT 209.48 52.45 Td (of ) Tj ET Q q 0 0 0 rg BT 218.38 52.45 Td (our ) Tj ET Q q 0 0 0 rg BT 232.16 52.45 Td (condensed ) Tj ET Q q 0 0 0 rg BT 273.53 52.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 320.67 52.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 352.25 52.45 Td (statements.) Tj ET Q /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I30 Do Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (10) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Operating Statistics Summary) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 674.35 m 483 674.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 674.35 m 487 674.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 674.35 m 563 674.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 659.35 m 483 659.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 659.35 m 563 659.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 557.35 m 483 557.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 557.35 m 563 557.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 557.35 m 483 557.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 557.35 m 563 557.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 508.35 m 483 508.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 494.35 m 483 494.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 492.35 m 483 492.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 508.35 m 563 508.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 494.35 m 563 494.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 492.35 m 563 492.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 444.35 m 483 444.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 444.35 m 563 444.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 444.35 m 483 444.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 444.35 m 563 444.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 395.35 m 483 395.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 381.35 m 483 381.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 379.35 m 483 379.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 395.35 m 563 395.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 381.35 m 563 381.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 379.35 m 563 379.35 l s BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 418.95 687.75 Td (As of and for the three months) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.20 678.75 Td (ended March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.45 663.75 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.45 663.75 Td (2015) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 639.38525390625 m 96.3720703125 639.38525390625 l s q 0 0 0 rg BT 52.50 640.97 Td (Footprint) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 626.57 Td (Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 120.31 631.34 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 131.20 626.57 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.55 625.97 Td (12,783,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.55 625.97 Td (12,722,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 610.97 Td (T) Tj ET Q q 0 0 0 rg BT 58.06 610.97 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 162.54 615.74 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 172.85 610.57 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.55 610.97 Td (12,600,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.55 610.97 Td (12,415,800) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 590.38525390625 m 147.5244140625 590.38525390625 l s q 0 0 0 rg BT 52.50 591.97 Td (Subscribers \(RGUs\)) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 147.52 596.26 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 576.97 Td (Basic V) Tj ET Q q 0 0 0 rg BT 86.22 576.97 Td (ideo) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 105.13 581.74 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 117.30 576.57 Td (.......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 576.97 Td (4,949,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 576.97 Td (5,131,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 561.97 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 106.81 561.97 Td (ideo) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 125.71 566.74 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 136.75 561.57 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 561.97 Td (1,509,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 561.97 Td (1,393,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 546.97 Td (Total Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.85 546.57 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 546.97 Td (6,458,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 546.97 Td (6,524,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 527.97 Td (Internet) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 86.41 532.74 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 95.10 527.57 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 527.97 Td (3,146,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 527.97 Td (2,931,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 512.97 Td (T) Tj ET Q q 0 0 0 rg BT 57.50 512.97 Td (elephony) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 98.09 517.74 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 106.20 512.57 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 512.97 Td (2,937,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 512.97 Td (2,775,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 497.97 Td (Total RGUs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 125.65 497.57 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.55 497.97 Td (12,542,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.55 497.97 Td (12,231,000) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 54.5 477.38525390625 m 244.7099609375 477.38525390625 l s q 0 0 0 rg BT 54.50 478.97 Td (Q1 Organic RGU Net Additions \(Losses\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 463.97 Td (Basic Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 108.95 463.57 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 463.97 Td (\(54,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 463.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.65 463.97 Td (\(65,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 463.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 448.97 Td (Enhanced Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 128.40 448.57 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.00 448.97 Td (11,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 448.97 Td (32,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 433.97 Td (Total Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.85 433.57 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 433.97 Td (\(42,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 433.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.65 433.97 Td (\(33,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 433.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 414.97 Td (Internet) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 89.50 414.57 Td (.................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.00 414.97 Td (40,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 414.97 Td (34,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 399.97 Td (Telephony) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 100.65 399.57 Td (.............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.00 399.97 Td (25,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 399.97 Td (27,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 384.97 Td (Total organic RGU net additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 214.55 384.57 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.00 384.97 Td (23,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 384.97 Td (28,700) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 363.38525390625 m 107.509765625 363.38525390625 l s q 0 0 0 rg BT 52.50 364.97 Td (Penetration) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 349.97 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 106.81 349.97 Td (ideo Subscribers as % of ) Tj ET Q q 0 0 0 rg BT 220.01 349.97 Td (T) Tj ET Q q 0 0 0 rg BT 225.01 349.97 Td (otal V) Tj ET Q q 0 0 0 rg BT 250.41 349.97 Td (ideo Subscribers) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 324.89 354.74 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 334.00 349.57 Td (.........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 349.97 Td (23.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 349.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 349.97 Td (21.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 349.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 334.97 Td (Internet as % of ) Tj ET Q q 0 0 0 rg BT 125.14 334.97 Td (T) Tj ET Q q 0 0 0 rg BT 130.69 334.97 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 235.18 339.74 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.10 334.57 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 334.97 Td (25.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 334.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 334.97 Td (23.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 334.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 319.97 Td (T) Tj ET Q q 0 0 0 rg BT 57.50 319.97 Td (elephony as % of ) Tj ET Q q 0 0 0 rg BT 136.82 319.97 Td (T) Tj ET Q q 0 0 0 rg BT 142.37 319.97 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 246.86 324.74 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.20 319.57 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 319.97 Td (23.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 319.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 319.97 Td (22.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 319.97 Td (%) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 299.38525390625 m 167.51953125 299.38525390625 l s q 0 0 0 rg BT 52.50 300.97 Td (Customer Relationships) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 285.97 Td (Customer Relationships) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 158.66 290.74 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 164.55 285.57 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 285.97 Td (7,137,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 285.97 Td (7,111,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 270.97 Td (RGUs per Customer Relationship) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 203.45 270.57 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 270.97 Td (1.76) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 270.97 Td (1.72) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 255.97 Td (Q1 Monthly ) Tj ET Q q 0 0 0 rg BT 105.86 255.97 Td (ARPU per Customer Relationship) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 254.81 260.74 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.80 255.57 Td (...................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.50 255.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.55 255.97 Td (23.68) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.50 255.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 255.97 Td (22.63) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 235.38525390625 m 145.2734375 235.38525390625 l s q 0 0 0 rg BT 52.50 236.97 Td (Customer Bundling) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 221.97 Td (Single-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 106.20 221.57 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 221.97 Td (56.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 221.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 221.97 Td (59.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 221.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 206.97 Td (Double-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 111.75 206.57 Td (.........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 206.97 Td (10.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 206.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 206.97 Td (9.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 206.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 191.97 Td (Triple-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.40 191.57 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 191.97 Td (32.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 191.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 191.97 Td (31.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 191.97 Td (%) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 171.38525390625 m 144.74609375 171.38525390625 l s q 0 0 0 rg BT 52.50 172.97 Td (Mobile Subscribers) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 144.75 177.74 Td (17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 157.97 Td (Total Mobile subscribers) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 161.75 157.57 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.45 157.97 Td (357,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 157.97 Td (322,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 142.97 Td (Q1 organic Mobile net additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.10 142.57 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.55 142.97 Td (1,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 142.97 Td (12,900) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I31 Do Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 552.65 24.95 Td (1) Tj ET Q q 0 0 0 rg BT 556.99 24.95 Td (1) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Financial Results, ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 163.11 709.85 Td (Adjusted Segment EBITDA) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 331.20 709.85 Td ( Reconciliation & Property) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 491.23 709.85 Td (, ) Tj ET Q BT /F2 14.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 693.05 Td (Equipment and Intangible ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 211.40 693.05 Td (Asset ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 249.53 693.05 Td (Additions ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 666.65 Td (The ) Tj ET Q q 0 0 0 rg BT 70.29 666.65 Td (following ) Tj ET Q q 0 0 0 rg BT 114.92 666.65 Td (table ) Tj ET Q q 0 0 0 rg BT 140.61 666.65 Td (reflects ) Tj ET Q q 0 0 0 rg BT 177.90 666.65 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 233.53 666.65 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 283.68 666.65 Td (selected ) Tj ET Q q 0 0 0 rg BT 326.49 666.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 368.68 666.65 Td (results ) Tj ET Q q 0 0 0 rg BT 402.91 666.65 Td (for ) Tj ET Q q 0 0 0 rg BT 417.58 666.65 Td (the ) Tj ET Q q 0 0 0 rg BT 434.71 666.65 Td (three ) Tj ET Q q 0 0 0 rg BT 461.62 666.65 Td (months ) Tj ET Q q 0 0 0 rg BT 499.52 666.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 531.94 666.65 Td (March ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 653.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 67.85 653.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 95.37 653.45 Td (and ) Tj ET Q q 0 0 0 rg BT 116.78 653.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 144.31 653.45 Td (\(in ) Tj ET Q q 0 0 0 rg BT 159.59 653.45 Td (millions, ) Tj ET Q q 0 0 0 rg BT 202.38 653.45 Td (except ) Tj ET Q q 0 0 0 rg BT 237.84 653.45 Td (% ) Tj ET Q q 0 0 0 rg BT 250.68 653.45 Td (amounts\). ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 619.95 m 452 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 619.95 m 456 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 619.95 m 512 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 619.95 m 452 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 604.95 m 452 604.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 619.95 m 512 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 604.95 m 512 604.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 604.95 m 563 604.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 572.95 m 452 572.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 570.95 m 452 570.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 572.95 m 512 572.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 570.95 m 512 570.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 487.95 m 452 487.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 487.95 m 512 487.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 487.95 m 452 487.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 487.95 m 512 487.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 438.95 m 452 438.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 424.95 m 452 424.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 422.95 m 452 422.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 438.95 m 512 438.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 424.95 m 512 424.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 422.95 m 512 422.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 405.95 m 452 405.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 403.95 m 452 403.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 405.95 m 512 405.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 403.95 m 512 403.95 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.20 633.35 Td (Three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.70 624.35 Td (March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.45 609.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.45 609.35 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 609.35 Td (Change) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 462.35 595.17 Td (revised) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 497.37 599.94 Td (35) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 576.57 Td (Revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 95.20 576.17 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.50 576.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.55 576.57 Td (555.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.50 576.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.55 576.57 Td (534.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 576.57 Td (3.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 576.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 556.57 Td (Adjusted Segment EBITDA) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.75 556.17 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.50 556.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.55 556.57 Td (343.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.50 556.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.55 556.57 Td (330.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 556.57 Td (4.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 556.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 537.57 Td (Depreciation and amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 189.65 537.17 Td (.........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.20 537.57 Td (\(213.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.60 537.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.20 537.57 Td (\(189.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.60 537.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 522.57 Td (Impairment, restructuring and other operating items, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.80 522.17 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 522.57 Td (1.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.35 522.57 Td (\(0.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.60 522.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 507.57 Td (Share-based compensation expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 217.45 507.17 Td (...............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.35 507.57 Td (\(1.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.60 507.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.35 507.57 Td (\(1.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.60 507.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 492.57 Td (Related-party fees and allocations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.35 492.17 Td (...................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.80 492.57 Td (\(36.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.60 492.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.80 492.57 Td (\(33.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.60 492.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.50 477.57 Td (Earnings before interest and taxes \("EBIT"\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 250.80 477.17 Td (...................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.10 477.57 Td (93.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.55 477.57 Td (106.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 458.57 Td (Net financial and other expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.20 458.17 Td (.......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.80 458.57 Td (\(90.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.60 458.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.20 458.57 Td (\(144.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.60 458.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 443.57 Td (Income tax expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 145.20 443.17 Td (.........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.35 443.57 Td (\(9.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.60 443.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.35 443.57 Td (\(4.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.60 443.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 428.57 Td (Net loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 111.85 428.17 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.50 428.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.35 428.57 Td (\(7.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.60 428.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.50 428.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.80 428.57 Td (\(42.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.60 428.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 409.57 Td (Adjusted Segment EBITDA as % of revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 250.80 409.17 Td (...................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.10 409.57 Td (61.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.60 409.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.10 409.57 Td (61.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.60 409.57 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 375.45 Td (The ) Tj ET Q q 0 0 0 rg BT 71.52 375.45 Td (table ) Tj ET Q q 0 0 0 rg BT 98.44 375.45 Td (below ) Tj ET Q q 0 0 0 rg BT 130.25 375.45 Td (highlights ) Tj ET Q q 0 0 0 rg BT 179.79 375.45 Td (the ) Tj ET Q q 0 0 0 rg BT 198.15 375.45 Td (categories ) Tj ET Q q 0 0 0 rg BT 251.97 375.45 Td (of ) Tj ET Q q 0 0 0 rg BT 264.21 375.45 Td (our ) Tj ET Q q 0 0 0 rg BT 283.17 375.45 Td (property) Tj ET Q q 0 0 0 rg BT 322.71 375.45 Td (, ) Tj ET Q q 0 0 0 rg BT 328.83 375.45 Td (equipment ) Tj ET Q q 0 0 0 rg BT 383.27 375.45 Td (and ) Tj ET Q q 0 0 0 rg BT 404.69 375.45 Td (intangible ) Tj ET Q q 0 0 0 rg BT 454.85 375.45 Td (asset ) Tj ET Q q 0 0 0 rg BT 484.20 375.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 531.30 375.45 Td (for ) Tj ET Q q 0 0 0 rg BT 547.21 375.45 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 362.25 Td (indicated ) Tj ET Q q 0 0 0 rg BT 95.36 362.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 133.27 362.25 Td (and ) Tj ET Q q 0 0 0 rg BT 153.45 362.25 Td (reconciles ) Tj ET Q q 0 0 0 rg BT 204.80 362.25 Td (those ) Tj ET Q q 0 0 0 rg BT 233.54 362.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 279.40 362.25 Td (to ) Tj ET Q q 0 0 0 rg BT 290.41 362.25 Td (the ) Tj ET Q q 0 0 0 rg BT 307.53 362.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 341.15 362.25 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 405.97 362.25 Td (that ) Tj ET Q q 0 0 0 rg BT 426.15 362.25 Td (we ) Tj ET Q q 0 0 0 rg BT 442.04 362.25 Td (present ) Tj ET Q q 0 0 0 rg BT 480.56 362.25 Td (in ) Tj ET Q q 0 0 0 rg BT 490.95 362.25 Td (our ) Tj ET Q q 0 0 0 rg BT 508.68 362.25 Td (condensed ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 349.05 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 114.32 349.05 Td (statements ) Tj ET Q q 0 0 0 rg BT 171.18 349.05 Td (of ) Tj ET Q q 0 0 0 rg BT 183.41 349.05 Td (cash ) Tj ET Q q 0 0 0 rg BT 209.70 349.05 Td (flows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 317.54999999999995 m 503 317.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 317.54999999999995 m 507 317.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 317.54999999999995 m 563 317.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 317.54999999999995 m 503 317.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 303.54999999999995 m 503 303.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 317.54999999999995 m 563 317.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 303.54999999999995 m 563 303.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 171.54999999999995 m 503 171.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 171.54999999999995 m 563 171.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 171.54999999999995 m 503 171.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 171.54999999999995 m 563 171.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 122.54999999999995 m 563 122.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 122.54999999999995 m 503 122.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 108.54999999999995 m 503 108.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 106.54999999999995 m 503 106.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 122.54999999999995 m 563 122.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 108.54999999999995 m 563 108.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 106.54999999999995 m 563 106.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 89.54999999999995 m 503 89.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 87.54999999999995 m 503 87.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 89.54999999999995 m 563 89.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 87.54999999999995 m 563 87.54999999999995 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 461.20 329.50 Td (Three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 483.70 320.50 Td (March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.45 307.95 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.45 307.95 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 480.95 293.95 Td (in millions,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.95 284.95 Td (except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 266.17 Td (Customer premises equipment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 190.65 265.77 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 266.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.10 266.17 Td (29.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.50 266.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 266.17 Td (34.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 251.17 Td (Scalable infrastructure) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.55 250.77 Td (........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.10 251.17 Td (19.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 251.17 Td (17.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 236.17 Td (Line extensions/new build) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 171.20 235.77 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.65 236.17 Td (7.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 236.17 Td (11.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 221.17 Td (Upgrade/rebuild) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 126.75 220.77 Td (..................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.10 221.17 Td (41.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 221.17 Td (40.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 206.17 Td (Support capital) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.95 205.77 Td (...................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.65 206.17 Td (7.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 206.17 Td (10.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 191.17 Td (Capitalized subscriber acquisition costs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.55 190.77 Td (.............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.10 191.17 Td (22.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 191.17 Td (21.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 176.17 Td (Software and licenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.55 175.77 Td (........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.10 176.17 Td (10.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 176.17 Td (12.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 161.17 Td (Property, equipment and intangible asset additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 290.65 160.77 Td (.......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.55 161.17 Td (137.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 161.17 Td (148.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 142.17 Td (Assets acquired under capital-related vendor financing arrangements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.15 141.77 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.80 142.17 Td (\(36.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.60 142.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.80 142.17 Td (\(39.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 142.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 127.17 Td (Changes in liabilities related to capital expenditures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.35 126.77 Td (..........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.80 127.17 Td (\(11.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.60 127.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 127.17 Td (7.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.00 112.17 Td (T) Tj ET Q q 0 0 0 rg BT 71.00 112.17 Td (otal capital expenditures) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 178.85 116.94 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 190.65 111.77 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.50 112.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.10 112.17 Td (89.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.50 112.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 112.17 Td (116.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 93.17 Td (Property, equipment and intangible asset additions as % of revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.55 92.77 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.10 93.17 Td (24.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.60 93.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 93.17 Td (27.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 93.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I32 Do Q endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (12) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Subscriber Statistics) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 683.45 Td (Similar ) Tj ET Q q 0 0 0 rg BT 86.61 683.45 Td (to ) Tj ET Q q 0 0 0 rg BT 99.29 683.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 130.32 683.45 Td (we ) Tj ET Q q 0 0 0 rg BT 147.88 683.45 Td (continue ) Tj ET Q q 0 0 0 rg BT 192.98 683.45 Td (to ) Tj ET Q q 0 0 0 rg BT 205.65 683.45 Td (pursue ) Tj ET Q q 0 0 0 rg BT 242.79 683.45 Td (a ) Tj ET Q q 0 0 0 rg BT 252.41 683.45 Td (value-focused ) Tj ET Q q 0 0 0 rg BT 324.40 683.45 Td (strategy) Tj ET Q q 0 0 0 rg BT 362.71 683.45 Td (. ) Tj ET Q q 0 0 0 rg BT 369.27 683.45 Td (W) Tj ET Q q 0 0 0 rg BT 379.45 683.45 Td (e ) Tj ET Q q 0 0 0 rg BT 389.07 683.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 440.27 683.45 Td (price ) Tj ET Q q 0 0 0 rg BT 467.61 683.45 Td (points ) Tj ET Q q 0 0 0 rg BT 500.47 683.45 Td (for ) Tj ET Q q 0 0 0 rg BT 516.81 683.45 Td (certain ) Tj ET Q q 0 0 0 rg BT 553.33 683.45 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 670.25 Td (our ) Tj ET Q q 0 0 0 rg BT 70.24 670.25 Td (products ) Tj ET Q q 0 0 0 rg BT 117.28 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 140.48 670.25 Td (bundles ) Tj ET Q q 0 0 0 rg BT 183.85 670.25 Td (in ) Tj ET Q q 0 0 0 rg BT 197.26 670.25 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 219.83 670.25 Td (which ) Tj ET Q q 0 0 0 rg BT 252.80 670.25 Td (were ) Tj ET Q q 0 0 0 rg BT 281.49 670.25 Td (supported ) Tj ET Q q 0 0 0 rg BT 335.26 670.25 Td (by ) Tj ET Q q 0 0 0 rg BT 351.72 670.25 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 395.72 670.25 Td (network ) Tj ET Q q 0 0 0 rg BT 439.08 670.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 502.61 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 525.81 670.25 Td (product ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 657.05 Td (improvements, ) Tj ET Q q 0 0 0 rg BT 127.80 657.05 Td (such ) Tj ET Q q 0 0 0 rg BT 157.20 657.05 Td (as ) Tj ET Q q 0 0 0 rg BT 174.98 657.05 Td (implementing ) Tj ET Q q 0 0 0 rg BT 246.56 657.05 Td (four ) Tj ET Q q 0 0 0 rg BT 271.68 657.05 Td (times ) Tj ET Q q 0 0 0 rg BT 304.13 657.05 Td (faster ) Tj ET Q q 0 0 0 rg BT 337.80 657.05 Td (broadband ) Tj ET Q q 0 0 0 rg BT 396.57 657.05 Td (speeds ) Tj ET Q q 0 0 0 rg BT 438.20 657.05 Td (than ) Tj ET Q q 0 0 0 rg BT 465.78 657.05 Td (the ) Tj ET Q q 0 0 0 rg BT 487.23 657.05 Td (incumbent ) Tj ET Q q 0 0 0 rg BT 544.15 657.05 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 643.85 Td (incremental ) Tj ET Q q 0 0 0 rg BT 109.24 643.85 Td (features ) Tj ET Q q 0 0 0 rg BT 151.86 643.85 Td (for ) Tj ET Q q 0 0 0 rg BT 167.58 643.85 Td (our ) Tj ET Q q 0 0 0 rg BT 186.36 643.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 226.96 643.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 243.89 643.85 Td (platform. ) Tj ET Q q 0 0 0 rg BT 289.56 643.85 Td (In ) Tj ET Q q 0 0 0 rg BT 301.62 643.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 319.17 643.85 Td (2016, ) Tj ET Q q 0 0 0 rg BT 349.58 643.85 Td (we ) Tj ET Q q 0 0 0 rg BT 366.52 643.85 Td (implemented ) Tj ET Q q 0 0 0 rg BT 432.38 643.85 Td (price ) Tj ET Q q 0 0 0 rg BT 459.10 643.85 Td (increases ) Tj ET Q q 0 0 0 rg BT 509.05 643.85 Td (in ) Tj ET Q q 0 0 0 rg BT 520.50 643.85 Td (our ) Tj ET Q q 0 0 0 rg BT 539.27 643.85 Td (SDU ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 630.65 Td (and ) Tj ET Q q 0 0 0 rg BT 70.33 630.65 Td (MDU ) Tj ET Q q 0 0 0 rg BT 97.86 630.65 Td (video ) Tj ET Q q 0 0 0 rg BT 126.63 630.65 Td (base ) Tj ET Q q 0 0 0 rg BT 152.96 630.65 Td (and ) Tj ET Q q 0 0 0 rg BT 173.79 630.65 Td (in ) Tj ET Q q 0 0 0 rg BT 184.83 630.65 Td (less ) Tj ET Q q 0 0 0 rg BT 206.87 630.65 Td (than ) Tj ET Q q 0 0 0 rg BT 230.76 630.65 Td (10% ) Tj ET Q q 0 0 0 rg BT 255.25 630.65 Td (of ) Tj ET Q q 0 0 0 rg BT 266.90 630.65 Td (our ) Tj ET Q q 0 0 0 rg BT 285.27 630.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 340.36 630.65 Td (internet ) Tj ET Q q 0 0 0 rg BT 379.52 630.65 Td (base. ) Tj ET Q q 0 0 0 rg BT 408.91 630.65 Td (Our ) Tj ET Q q 0 0 0 rg BT 429.72 630.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 446.87 630.65 Td (2016 ) Tj ET Q q 0 0 0 rg BT 473.82 630.65 Td (RGU ) Tj ET Q q 0 0 0 rg BT 500.74 630.65 Td (performance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 617.45 Td (of ) Tj ET Q q 0 0 0 rg BT 61.08 617.45 Td (24,000 ) Tj ET Q q 0 0 0 rg BT 97.14 617.45 Td (was ) Tj ET Q q 0 0 0 rg BT 119.11 617.45 Td (in ) Tj ET Q q 0 0 0 rg BT 130.08 617.45 Td (line ) Tj ET Q q 0 0 0 rg BT 149.62 617.45 Td (with ) Tj ET Q q 0 0 0 rg BT 171.59 617.45 Td (the ) Tj ET Q q 0 0 0 rg BT 189.29 617.45 Td (29,000 ) Tj ET Q q 0 0 0 rg BT 225.34 617.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 252.20 617.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 298.64 617.45 Td (in ) Tj ET Q q 0 0 0 rg BT 309.61 617.45 Td (the ) Tj ET Q q 0 0 0 rg BT 327.31 617.45 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 376.79 617.45 Td (period, ) Tj ET Q q 0 0 0 rg BT 412.83 617.45 Td (as ) Tj ET Q q 0 0 0 rg BT 426.86 617.45 Td (both ) Tj ET Q q 0 0 0 rg BT 450.68 617.45 Td (periods ) Tj ET Q q 0 0 0 rg BT 489.17 617.45 Td (were ) Tj ET Q q 0 0 0 rg BT 515.42 617.45 Td (adversely ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 604.25 Td (impacted ) Tj ET Q q 0 0 0 rg BT 97.19 604.25 Td (by ) Tj ET Q q 0 0 0 rg BT 111.86 604.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 145.50 604.25 Td (churn ) Tj ET Q q 0 0 0 rg BT 176.07 604.25 Td (resulting ) Tj ET Q q 0 0 0 rg BT 220.70 604.25 Td (from ) Tj ET Q q 0 0 0 rg BT 245.76 604.25 Td (price ) Tj ET Q q 0 0 0 rg BT 272.66 604.25 Td (hikes. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 577.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 71.13 577.85 Td (video ) Tj ET Q q 0 0 0 rg BT 100.72 577.85 Td (attrition ) Tj ET Q q 0 0 0 rg BT 140.09 577.85 Td (of ) Tj ET Q q 0 0 0 rg BT 152.56 577.85 Td (42,000 ) Tj ET Q q 0 0 0 rg BT 189.50 577.85 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 222.74 577.85 Td (in ) Tj ET Q q 0 0 0 rg BT 234.59 577.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 252.56 577.85 Td (was ) Tj ET Q q 0 0 0 rg BT 275.42 577.85 Td (9,000 ) Tj ET Q q 0 0 0 rg BT 306.24 577.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 340.11 577.85 Td (than ) Tj ET Q q 0 0 0 rg BT 364.82 577.85 Td (our ) Tj ET Q q 0 0 0 rg BT 384.01 577.85 Td (video ) Tj ET Q q 0 0 0 rg BT 413.60 577.85 Td (losses ) Tj ET Q q 0 0 0 rg BT 448.08 577.85 Td (in ) Tj ET Q q 0 0 0 rg BT 459.93 577.85 Td (the ) Tj ET Q q 0 0 0 rg BT 478.52 577.85 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 528.88 577.85 Td (period,) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 564.65 Td (mainly ) Tj ET Q q 0 0 0 rg BT 83.28 564.65 Td (driven ) Tj ET Q q 0 0 0 rg BT 115.24 564.65 Td (by ) Tj ET Q q 0 0 0 rg BT 128.86 564.65 Td (higher ) Tj ET Q q 0 0 0 rg BT 161.43 564.65 Td (churn ) Tj ET Q q 0 0 0 rg BT 190.95 564.65 Td (and ) Tj ET Q q 0 0 0 rg BT 211.30 564.65 Td (lower ) Tj ET Q q 0 0 0 rg BT 239.58 564.65 Td (sales ) Tj ET Q q 0 0 0 rg BT 267.26 564.65 Td (in ) Tj ET Q q 0 0 0 rg BT 277.82 564.65 Td (the ) Tj ET Q q 0 0 0 rg BT 295.11 564.65 Td (SDU ) Tj ET Q q 0 0 0 rg BT 320.33 564.65 Td (segment ) Tj ET Q q 0 0 0 rg BT 364.52 564.65 Td (as ) Tj ET Q q 0 0 0 rg BT 378.14 564.65 Td (a ) Tj ET Q q 0 0 0 rg BT 386.25 564.65 Td (result ) Tj ET Q q 0 0 0 rg BT 415.15 564.65 Td (of ) Tj ET Q q 0 0 0 rg BT 426.32 564.65 Td (the ) Tj ET Q q 0 0 0 rg BT 443.61 564.65 Td (1) Tj ET Q q 0 0 0 rg BT 448.91 564.65 Td (1% ) Tj ET Q q 0 0 0 rg BT 466.81 564.65 Td (video ) Tj ET Q q 0 0 0 rg BT 495.10 564.65 Td (price ) Tj ET Q q 0 0 0 rg BT 520.94 564.65 Td (increase ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 551.45 Td (to ) Tj ET Q q 0 0 0 rg BT 62.08 551.45 Td (our ) Tj ET Q q 0 0 0 rg BT 81.39 551.45 Td (basic ) Tj ET Q q 0 0 0 rg BT 110.48 551.45 Td (cable ) Tj ET Q q 0 0 0 rg BT 140.18 551.45 Td (product ) Tj ET Q q 0 0 0 rg BT 180.28 551.45 Td (for ) Tj ET Q q 0 0 0 rg BT 196.52 551.45 Td (SDUs ) Tj ET Q q 0 0 0 rg BT 228.66 551.45 Td (to ) Tj ET Q q 0 0 0 rg BT 241.24 551.45 Td (20.99. ) Tj ET Q q 0 0 0 rg BT 281.13 551.45 Td (This ) Tj ET Q q 0 0 0 rg BT 305.32 551.45 Td (elevated ) Tj ET Q q 0 0 0 rg BT 350.31 551.45 Td (churn ) Tj ET Q q 0 0 0 rg BT 381.24 551.45 Td (was ) Tj ET Q q 0 0 0 rg BT 404.21 551.45 Td (in ) Tj ET Q q 0 0 0 rg BT 416.18 551.45 Td (line ) Tj ET Q q 0 0 0 rg BT 436.71 551.45 Td (with ) Tj ET Q q 0 0 0 rg BT 459.68 551.45 Td (our ) Tj ET Q q 0 0 0 rg BT 478.98 551.45 Td (expectations ) Tj ET Q q 0 0 0 rg BT 544.15 551.45 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 538.25 Td (we ) Tj ET Q q 0 0 0 rg BT 66.13 538.25 Td (expect ) Tj ET Q q 0 0 0 rg BT 101.11 538.25 Td (the ) Tj ET Q q 0 0 0 rg BT 118.97 538.25 Td (contribution ) Tj ET Q q 0 0 0 rg BT 178.41 538.25 Td (from ) Tj ET Q q 0 0 0 rg BT 202.98 538.25 Td (this ) Tj ET Q q 0 0 0 rg BT 222.67 538.25 Td (price ) Tj ET Q q 0 0 0 rg BT 249.08 538.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 293.23 538.25 Td (to ) Tj ET Q q 0 0 0 rg BT 304.97 538.25 Td (support ) Tj ET Q q 0 0 0 rg BT 344.23 538.25 Td (our ) Tj ET Q q 0 0 0 rg BT 362.70 538.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 405.63 538.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 441.21 538.25 Td (throughout ) Tj ET Q q 0 0 0 rg BT 496.38 538.25 Td (2016. ) Tj ET Q q 0 0 0 rg BT 526.31 538.25 Td (The ) Tj ET Q q 0 0 0 rg BT 547.84 538.25 Td (Q1 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 525.05 Td (SDU ) Tj ET Q q 0 0 0 rg BT 76.77 525.05 Td (attrition ) Tj ET Q q 0 0 0 rg BT 116.88 525.05 Td (was ) Tj ET Q q 0 0 0 rg BT 140.48 525.05 Td (partially ) Tj ET Q q 0 0 0 rg BT 182.43 525.05 Td (of) Tj ET Q q 0 0 0 rg BT 191.40 525.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 213.17 525.05 Td (by ) Tj ET Q q 0 0 0 rg BT 228.83 525.05 Td (gains ) Tj ET Q q 0 0 0 rg BT 259.17 525.05 Td (in ) Tj ET Q q 0 0 0 rg BT 271.77 525.05 Td (our ) Tj ET Q q 0 0 0 rg BT 291.71 525.05 Td (MDU ) Tj ET Q q 0 0 0 rg BT 320.80 525.05 Td (segment, ) Tj ET Q q 0 0 0 rg BT 370.09 525.05 Td (where ) Tj ET Q q 0 0 0 rg BT 404.09 525.05 Td (we ) Tj ET Q q 0 0 0 rg BT 422.19 525.05 Td (added ) Tj ET Q q 0 0 0 rg BT 456.82 525.05 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 490.81 525.05 Td (through ) Tj ET Q q 0 0 0 rg BT 532.16 525.05 Td (a ) Tj ET Q q 0 0 0 rg BT 542.31 525.05 Td (new ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 511.85 Td (agreement ) Tj ET Q q 0 0 0 rg BT 104.64 511.85 Td (with ) Tj ET Q q 0 0 0 rg BT 126.75 511.85 Td (a ) Tj ET Q q 0 0 0 rg BT 135.42 511.85 Td (professional ) Tj ET Q q 0 0 0 rg BT 197.29 511.85 Td (operator ) Tj ET Q q 0 0 0 rg BT 240.81 511.85 Td (\(level ) Tj ET Q q 0 0 0 rg BT 269.65 511.85 Td (4\).) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 282.48 511.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 285.04 511.85 Td (In ) Tj ET Q q 0 0 0 rg BT 296.26 511.85 Td (April, ) Tj ET Q q 0 0 0 rg BT 323.87 511.85 Td (we ) Tj ET Q q 0 0 0 rg BT 340.48 511.85 Td (announced ) Tj ET Q q 0 0 0 rg BT 397.48 511.85 Td (the ) Tj ET Q q 0 0 0 rg BT 415.32 511.85 Td (elimination ) Tj ET Q q 0 0 0 rg BT 470.45 511.85 Td (of ) Tj ET Q q 0 0 0 rg BT 482.18 511.85 Td (our ) Tj ET Q q 0 0 0 rg BT 500.63 511.85 Td (analog ) Tj ET Q q 0 0 0 rg BT 536.21 511.85 Td (video ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 498.65 Td (of) Tj ET Q q 0 0 0 rg BT 58.48 498.65 Td (fering ) Tj ET Q q 0 0 0 rg BT 88.40 498.65 Td (by ) Tj ET Q q 0 0 0 rg BT 102.42 498.65 Td (June ) Tj ET Q q 0 0 0 rg BT 128.68 498.65 Td (30, ) Tj ET Q q 0 0 0 rg BT 146.38 498.65 Td (2017. ) Tj ET Q q 0 0 0 rg BT 176.32 498.65 Td (W) Tj ET Q q 0 0 0 rg BT 186.50 498.65 Td (e ) Tj ET Q q 0 0 0 rg BT 195.02 498.65 Td (estimate ) Tj ET Q q 0 0 0 rg BT 239.00 498.65 Td (that ) Tj ET Q q 0 0 0 rg BT 259.76 498.65 Td (around ) Tj ET Q q 0 0 0 rg BT 296.42 498.65 Td (85% ) Tj ET Q q 0 0 0 rg BT 320.84 498.65 Td (of ) Tj ET Q q 0 0 0 rg BT 332.42 498.65 Td (our ) Tj ET Q q 0 0 0 rg BT 350.73 498.65 Td (video ) Tj ET Q q 0 0 0 rg BT 379.43 498.65 Td (customers ) Tj ET Q q 0 0 0 rg BT 432.57 498.65 Td (already ) Tj ET Q q 0 0 0 rg BT 471.06 498.65 Td (watch ) Tj ET Q q 0 0 0 rg BT 502.20 498.65 Td (digital ) Tj ET Q q 0 0 0 rg BT 533.35 498.65 Td (today) Tj ET Q q 0 0 0 rg BT 559.44 498.65 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 485.45 Td (either ) Tj ET Q q 0 0 0 rg BT 80.07 485.45 Td (via ) Tj ET Q q 0 0 0 rg BT 97.19 485.45 Td (our ) Tj ET Q q 0 0 0 rg BT 116.14 485.45 Td (unencrypted ) Tj ET Q q 0 0 0 rg BT 179.74 485.45 Td (digital ) Tj ET Q q 0 0 0 rg BT 211.54 485.45 Td (basic ) Tj ET Q q 0 0 0 rg BT 240.28 485.45 Td (of) Tj ET Q q 0 0 0 rg BT 249.25 485.45 Td (fering ) Tj ET Q q 0 0 0 rg BT 279.82 485.45 Td (or ) Tj ET Q q 0 0 0 rg BT 292.66 485.45 Td (via ) Tj ET Q q 0 0 0 rg BT 309.78 485.45 Td (our ) Tj ET Q q 0 0 0 rg BT 328.73 485.45 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 380.11 485.45 Td (video ) Tj ET Q q 0 0 0 rg BT 409.47 485.45 Td (services. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 459.05 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 112.04 459.05 Td (to ) Tj ET Q q 0 0 0 rg BT 125.67 459.05 Td (our ) Tj ET Q q 0 0 0 rg BT 146.03 459.05 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 226.93 459.05 Td (video ) Tj ET Q q 0 0 0 rg BT 257.68 459.05 Td (platform, ) Tj ET Q q 0 0 0 rg BT 304.93 459.05 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 347.01 459.05 Td (TV) Tj ET Q q 0 0 0 rg BT 360.05 459.05 Td (, ) Tj ET Q q 0 0 0 rg BT 367.57 459.05 Td (increased ) Tj ET Q q 0 0 0 rg BT 419.72 459.05 Td (by ) Tj ET Q q 0 0 0 rg BT 435.80 459.05 Td (26,000 ) Tj ET Q q 0 0 0 rg BT 473.90 459.05 Td (to ) Tj ET Q q 0 0 0 rg BT 487.54 459.05 Td (485,000 ) Tj ET Q q 0 0 0 rg BT 531.76 459.05 Td (in ) Tj ET Q q 0 0 0 rg BT 544.78 459.05 Td (Q1, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 445.85 Td (representing ) Tj ET Q q 0 0 0 rg BT 113.63 445.85 Td (7.5% ) Tj ET Q q 0 0 0 rg BT 141.68 445.85 Td (penetration ) Tj ET Q q 0 0 0 rg BT 199.70 445.85 Td (of ) Tj ET Q q 0 0 0 rg BT 211.85 445.85 Td (our ) Tj ET Q q 0 0 0 rg BT 230.73 445.85 Td (total ) Tj ET Q q 0 0 0 rg BT 254.50 445.85 Td (video ) Tj ET Q q 0 0 0 rg BT 283.78 445.85 Td (base. ) Tj ET Q q 0 0 0 rg BT 313.66 445.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 334.98 445.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 375.86 445.85 Td (Go ) Tj ET Q q 0 0 0 rg BT 393.51 445.85 Td (app ) Tj ET Q q 0 0 0 rg BT 414.84 445.85 Td (with ) Tj ET Q q 0 0 0 rg BT 437.38 445.85 Td (in- ) Tj ET Q q 0 0 0 rg BT 452.59 445.85 Td (and ) Tj ET Q q 0 0 0 rg BT 473.92 445.85 Td (out-of-home ) Tj ET Q q 0 0 0 rg BT 536.21 445.85 Td (video ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 432.65 Td (capabilities ) Tj ET Q q 0 0 0 rg BT 106.63 432.65 Td (was ) Tj ET Q q 0 0 0 rg BT 128.89 432.65 Td (further ) Tj ET Q q 0 0 0 rg BT 163.39 432.65 Td (enriched ) Tj ET Q q 0 0 0 rg BT 208.29 432.65 Td (by ) Tj ET Q q 0 0 0 rg BT 222.61 432.65 Td (providing ) Tj ET Q q 0 0 0 rg BT 269.96 432.65 Td (Google ) Tj ET Q q 0 0 0 rg BT 308.13 432.65 Td (Chromecast ) Tj ET Q q 0 0 0 rg BT 370.14 432.65 Td (and ) Tj ET Q q 0 0 0 rg BT 390.66 432.65 Td (Apple ) Tj ET Q q 0 0 0 rg BT 420.96 432.65 Td (Airplay ) Tj ET Q q 0 0 0 rg BT 457.29 432.65 Td (compatibility) Tj ET Q q 0 0 0 rg BT 516.99 432.65 Td (, ) Tj ET Q q 0 0 0 rg BT 522.76 432.65 Td (allowing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 419.45 Td (our ) Tj ET Q q 0 0 0 rg BT 68.36 419.45 Td (customers ) Tj ET Q q 0 0 0 rg BT 122.06 419.45 Td (to ) Tj ET Q q 0 0 0 rg BT 134.19 419.45 Td (experience ) Tj ET Q q 0 0 0 rg BT 190.97 419.45 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 231.83 419.45 Td (on ) Tj ET Q q 0 0 0 rg BT 247.03 419.45 Td (second ) Tj ET Q q 0 0 0 rg BT 285.27 419.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 302.29 419.45 Td (sets/screens ) Tj ET Q q 0 0 0 rg BT 367.00 419.45 Td (at ) Tj ET Q q 0 0 0 rg BT 379.13 419.45 Td (no ) Tj ET Q q 0 0 0 rg BT 394.33 419.45 Td (incremental ) Tj ET Q q 0 0 0 rg BT 454.15 419.45 Td (cost. ) Tj ET Q q 0 0 0 rg BT 480.15 419.45 Td (T) Tj ET Q q 0 0 0 rg BT 485.65 419.45 Td (ake-up ) Tj ET Q q 0 0 0 rg BT 522.25 419.45 Td (rates ) Tj ET Q q 0 0 0 rg BT 549.66 419.45 Td (for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 406.25 Td (Maxdome, ) Tj ET Q q 0 0 0 rg BT 102.44 406.25 Td (the ) Tj ET Q q 0 0 0 rg BT 119.32 406.25 Td (subscription-based ) Tj ET Q q 0 0 0 rg BT 213.24 406.25 Td (video-on-demand ) Tj ET Q q 0 0 0 rg BT 300.44 406.25 Td (service ) Tj ET Q q 0 0 0 rg BT 336.87 406.25 Td (\("SV) Tj ET Q q 0 0 0 rg BT 358.51 406.25 Td (oD"\), ) Tj ET Q q 0 0 0 rg BT 384.78 406.25 Td (remained ) Tj ET Q q 0 0 0 rg BT 432.23 406.25 Td (strong ) Tj ET Q q 0 0 0 rg BT 464.39 406.25 Td (while ) Tj ET Q q 0 0 0 rg BT 491.05 406.25 Td (our ) Tj ET Q q 0 0 0 rg BT 508.54 406.25 Td (HD ) Tj ET Q q 0 0 0 rg BT 526.01 406.25 Td (of) Tj ET Q q 0 0 0 rg BT 534.99 406.25 Td (fering ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 393.05 Td (from ) Tj ET Q q 0 0 0 rg BT 74.56 393.05 Td (commercial ) Tj ET Q q 0 0 0 rg BT 133.84 393.05 Td (broadcasters ) Tj ET Q q 0 0 0 rg BT 200.49 393.05 Td (added ) Tj ET Q q 0 0 0 rg BT 234.13 393.05 Td (approximately ) Tj ET Q q 0 0 0 rg BT 305.66 393.05 Td (40,000 ) Tj ET Q q 0 0 0 rg BT 342.36 393.05 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 401.66 393.05 Td (in ) Tj ET Q q 0 0 0 rg BT 413.28 393.05 Td (Q1. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 366.65 Td (On ) Tj ET Q q 0 0 0 rg BT 66.92 366.65 Td (the ) Tj ET Q q 0 0 0 rg BT 84.96 366.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 140.32 366.65 Td (front, ) Tj ET Q q 0 0 0 rg BT 168.13 366.65 Td (internet ) Tj ET Q q 0 0 0 rg BT 207.57 366.65 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 240.26 366.65 Td (grew ) Tj ET Q q 0 0 0 rg BT 266.85 366.65 Td (by ) Tj ET Q q 0 0 0 rg BT 281.22 366.65 Td (40,000 ) Tj ET Q q 0 0 0 rg BT 317.61 366.65 Td (during ) Tj ET Q q 0 0 0 rg BT 350.94 366.65 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 371.42 366.65 Td (an ) Tj ET Q q 0 0 0 rg BT 386.40 366.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 430.73 366.65 Td (from ) Tj ET Q q 0 0 0 rg BT 455.48 366.65 Td (35,000 ) Tj ET Q q 0 0 0 rg BT 491.87 366.65 Td (in ) Tj ET Q q 0 0 0 rg BT 503.18 366.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 520.60 366.65 Td (2015, ) Tj ET Q q 0 0 0 rg BT 550.88 366.65 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 353.45 Td (fewer ) Tj ET Q q 0 0 0 rg BT 79.86 353.45 Td (customers ) Tj ET Q q 0 0 0 rg BT 134.07 353.45 Td (were ) Tj ET Q q 0 0 0 rg BT 161.38 353.45 Td (impacted ) Tj ET Q q 0 0 0 rg BT 209.48 353.45 Td (by ) Tj ET Q q 0 0 0 rg BT 224.56 353.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 280.63 353.45 Td (price ) Tj ET Q q 0 0 0 rg BT 307.94 353.45 Td (increases ) Tj ET Q q 0 0 0 rg BT 358.48 353.45 Td (this ) Tj ET Q q 0 0 0 rg BT 379.07 353.45 Td (year ) Tj ET Q q 0 0 0 rg BT 403.93 353.45 Td (as ) Tj ET Q q 0 0 0 rg BT 419.02 353.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 471.40 353.45 Td (to ) Tj ET Q q 0 0 0 rg BT 484.04 353.45 Td (last ) Tj ET Q q 0 0 0 rg BT 504.62 353.45 Td (year) Tj ET Q q 0 0 0 rg BT 525.41 353.45 Td (. ) Tj ET Q q 0 0 0 rg BT 531.93 353.45 Td (Fixed-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 340.25 Td (line ) Tj ET Q q 0 0 0 rg BT 69.94 340.25 Td (telephony ) Tj ET Q q 0 0 0 rg BT 120.96 340.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 154.22 340.25 Td (grew ) Tj ET Q q 0 0 0 rg BT 181.38 340.25 Td (by ) Tj ET Q q 0 0 0 rg BT 196.31 340.25 Td (26,000 ) Tj ET Q q 0 0 0 rg BT 233.27 340.25 Td (in ) Tj ET Q q 0 0 0 rg BT 245.15 340.25 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 266.20 340.25 Td (in ) Tj ET Q q 0 0 0 rg BT 278.07 340.25 Td (line ) Tj ET Q q 0 0 0 rg BT 298.51 340.25 Td (with ) Tj ET Q q 0 0 0 rg BT 321.39 340.25 Td (the ) Tj ET Q q 0 0 0 rg BT 340.00 340.25 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 390.38 340.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 427.33 340.25 Td (In ) Tj ET Q q 0 0 0 rg BT 439.16 340.25 Td (April, ) Tj ET Q q 0 0 0 rg BT 467.54 340.25 Td (we ) Tj ET Q q 0 0 0 rg BT 484.92 340.25 Td (launched ) Tj ET Q q 0 0 0 rg BT 532.88 340.25 Td (a ) Tj ET Q q 0 0 0 rg BT 542.32 340.25 Td (new ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 327.05 Td (campaign ) Tj ET Q q 0 0 0 rg BT 99.86 327.05 Td (called ) Tj ET Q q 0 0 0 rg BT 131.26 327.05 Td ("Highspeed ) Tj ET Q q 0 0 0 rg BT 190.42 327.05 Td (W) Tj ET Q q 0 0 0 rg BT 200.60 327.05 Td (eeks" ) Tj ET Q q 0 0 0 rg BT 230.40 327.05 Td (with ) Tj ET Q q 0 0 0 rg BT 252.62 327.05 Td (attractive ) Tj ET Q q 0 0 0 rg BT 299.91 327.05 Td (discounts ) Tj ET Q q 0 0 0 rg BT 349.04 327.05 Td (for ) Tj ET Q q 0 0 0 rg BT 364.54 327.05 Td (our ) Tj ET Q q 0 0 0 rg BT 383.10 327.05 Td (higher ) Tj ET Q q 0 0 0 rg BT 416.34 327.05 Td (tier ) Tj ET Q q 0 0 0 rg BT 434.28 327.05 Td (double-play ) Tj ET Q q 0 0 0 rg BT 493.81 327.05 Td (and ) Tj ET Q q 0 0 0 rg BT 514.83 327.05 Td (triple-play ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 313.85 Td (of) Tj ET Q q 0 0 0 rg BT 58.48 313.85 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 96.57 313.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 116.93 313.85 Td (core ) Tj ET Q q 0 0 0 rg BT 140.35 313.85 Td (triple-play ) Tj ET Q q 0 0 0 rg BT 190.06 313.85 Td (of) Tj ET Q q 0 0 0 rg BT 199.04 313.85 Td (fer ) Tj ET Q q 0 0 0 rg BT 213.90 313.85 Td (that ) Tj ET Q q 0 0 0 rg BT 234.27 313.85 Td (includes ) Tj ET Q q 0 0 0 rg BT 276.65 313.85 Td (120 ) Tj ET Q q 0 0 0 rg BT 297.03 313.85 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 325.95 313.85 Td (internet ) Tj ET Q q 0 0 0 rg BT 364.66 313.85 Td (speeds, ) Tj ET Q q 0 0 0 rg BT 405.21 313.85 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 451.26 313.85 Td (fixed ) Tj ET Q q 0 0 0 rg BT 476.52 313.85 Td (voice ) Tj ET Q q 0 0 0 rg BT 504.22 313.85 Td (and ) Tj ET Q q 0 0 0 rg BT 524.59 313.85 Td (Horizon ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 300.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 65.62 300.65 Td (with ) Tj ET Q q 0 0 0 rg BT 87.25 300.65 Td (90 ) Tj ET Q q 0 0 0 rg BT 101.55 300.65 Td (channels ) Tj ET Q q 0 0 0 rg BT 147.65 300.65 Td (\(including ) Tj ET Q q 0 0 0 rg BT 196.80 300.65 Td (37 ) Tj ET Q q 0 0 0 rg BT 211.10 300.65 Td (in ) Tj ET Q q 0 0 0 rg BT 221.72 300.65 Td (HD\) ) Tj ET Q q 0 0 0 rg BT 243.34 300.65 Td (plus ) Tj ET Q q 0 0 0 rg BT 265.58 300.65 Td (SV) Tj ET Q q 0 0 0 rg BT 279.65 300.65 Td (oD ) Tj ET Q q 0 0 0 rg BT 295.78 300.65 Td (from ) Tj ET Q q 0 0 0 rg BT 319.84 300.65 Td (Maxdome ) Tj ET Q q 0 0 0 rg BT 370.21 300.65 Td (and ) Tj ET Q q 0 0 0 rg BT 390.62 300.65 Td (out-of-home ) Tj ET Q q 0 0 0 rg BT 452.00 300.65 Td (capabilities ) Tj ET Q q 0 0 0 rg BT 508.48 300.65 Td (via ) Tj ET Q q 0 0 0 rg BT 524.61 300.65 Td (Horizon ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 287.45 Td (Go, ) Tj ET Q q 0 0 0 rg BT 69.36 287.45 Td (is ) Tj ET Q q 0 0 0 rg BT 79.44 287.45 Td (now ) Tj ET Q q 0 0 0 rg BT 101.75 287.45 Td (priced ) Tj ET Q q 0 0 0 rg BT 133.84 287.45 Td (at ) Tj ET Q q 0 0 0 rg BT 145.14 287.45 Td (a ) Tj ET Q q 0 0 0 rg BT 153.39 287.45 Td (10 ) Tj ET Q q 0 0 0 rg BT 173.87 287.45 Td (discount ) Tj ET Q q 0 0 0 rg BT 216.98 287.45 Td (to ) Tj ET Q q 0 0 0 rg BT 228.28 287.45 Td (the ) Tj ET Q q 0 0 0 rg BT 245.70 287.45 Td (regular ) Tj ET Q q 0 0 0 rg BT 282.07 287.45 Td (price ) Tj ET Q q 0 0 0 rg BT 308.05 287.45 Td (point ) Tj ET Q q 0 0 0 rg BT 334.03 287.45 Td (during ) Tj ET Q q 0 0 0 rg BT 366.74 287.45 Td (the ) Tj ET Q q 0 0 0 rg BT 384.16 287.45 Td (minimum ) Tj ET Q q 0 0 0 rg BT 430.90 287.45 Td (contract ) Tj ET Q q 0 0 0 rg BT 472.16 287.45 Td (duration. ) Tj ET Q q 0 0 0 rg BT 516.96 287.45 Td (T) Tj ET Q q 0 0 0 rg BT 522.46 287.45 Td (o ) Tj ET Q q 0 0 0 rg BT 530.71 287.45 Td (further ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 274.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 94.11 274.25 Td (the ) Tj ET Q q 0 0 0 rg BT 112.43 274.25 Td (value ) Tj ET Q q 0 0 0 rg BT 141.76 274.25 Td (of ) Tj ET Q q 0 0 0 rg BT 153.96 274.25 Td (our ) Tj ET Q q 0 0 0 rg BT 172.89 274.25 Td (bundles, ) Tj ET Q q 0 0 0 rg BT 217.51 274.25 Td (we ) Tj ET Q q 0 0 0 rg BT 234.60 274.25 Td (announced ) Tj ET Q q 0 0 0 rg BT 292.08 274.25 Td (plans ) Tj ET Q q 0 0 0 rg BT 321.40 274.25 Td (to ) Tj ET Q q 0 0 0 rg BT 333.61 274.25 Td (of) Tj ET Q q 0 0 0 rg BT 342.58 274.25 Td (fer ) Tj ET Q q 0 0 0 rg BT 358.45 274.25 Td (1.5 ) Tj ET Q q 0 0 0 rg BT 376.77 274.25 Td (million ) Tj ET Q q 0 0 0 rg BT 410.98 274.25 Td (WifiSpots ) Tj ET Q q 0 0 0 rg BT 460.46 274.25 Td (by ) Tj ET Q q 0 0 0 rg BT 475.11 274.25 Td (year-end, ) Tj ET Q q 0 0 0 rg BT 524.61 274.25 Td (with ) Tj ET Q q 0 0 0 rg BT 547.21 274.25 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 261.05 Td (first ) Tj ET Q q 0 0 0 rg BT 69.59 261.05 Td (WifiSpots ) Tj ET Q q 0 0 0 rg BT 118.42 261.05 Td (to ) Tj ET Q q 0 0 0 rg BT 129.97 261.05 Td (be ) Tj ET Q q 0 0 0 rg BT 144.58 261.05 Td (made ) Tj ET Q q 0 0 0 rg BT 174.48 261.05 Td (available ) Tj ET Q q 0 0 0 rg BT 220.27 261.05 Td (to ) Tj ET Q q 0 0 0 rg BT 231.82 261.05 Td (our ) Tj ET Q q 0 0 0 rg BT 250.10 261.05 Td (customers ) Tj ET Q q 0 0 0 rg BT 303.21 261.05 Td (this ) Tj ET Q q 0 0 0 rg BT 322.70 261.05 Td (summer) Tj ET Q q 0 0 0 rg BT 361.82 261.05 Td (. ) Tj ET Q q 0 0 0 rg BT 367.25 261.05 Td (In ) Tj ET Q q 0 0 0 rg BT 378.80 261.05 Td (combination ) Tj ET Q q 0 0 0 rg BT 440.49 261.05 Td (with ) Tj ET Q q 0 0 0 rg BT 462.42 261.05 Td (the ) Tj ET Q q 0 0 0 rg BT 480.09 261.05 Td (over ) Tj ET Q q 0 0 0 rg BT 503.86 261.05 Td (1,000 ) Tj ET Q q 0 0 0 rg BT 533.77 261.05 Td (public ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 247.85 Td (hot ) Tj ET Q q 0 0 0 rg BT 68.38 247.85 Td (spots ) Tj ET Q q 0 0 0 rg BT 98.27 247.85 Td (that ) Tj ET Q q 0 0 0 rg BT 120.21 247.85 Td (we ) Tj ET Q q 0 0 0 rg BT 137.86 247.85 Td (have ) Tj ET Q q 0 0 0 rg BT 165.30 247.85 Td (previously ) Tj ET Q q 0 0 0 rg BT 218.42 247.85 Td (launched ) Tj ET Q q 0 0 0 rg BT 266.66 247.85 Td (in ) Tj ET Q q 0 0 0 rg BT 278.81 247.85 Td (100 ) Tj ET Q q 0 0 0 rg BT 300.76 247.85 Td (cities ) Tj ET Q q 0 0 0 rg BT 329.41 247.85 Td (across ) Tj ET Q q 0 0 0 rg BT 365.40 247.85 Td (our ) Tj ET Q q 0 0 0 rg BT 384.89 247.85 Td (footprint, ) Tj ET Q q 0 0 0 rg BT 431.29 247.85 Td (these ) Tj ET Q q 0 0 0 rg BT 461.79 247.85 Td (WifiSpots, ) Tj ET Q q 0 0 0 rg BT 514.89 247.85 Td (which ) Tj ET Q q 0 0 0 rg BT 546.60 247.85 Td (are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 234.65 Td (located ) Tj ET Q q 0 0 0 rg BT 87.90 234.65 Td (at ) Tj ET Q q 0 0 0 rg BT 100.00 234.65 Td (our ) Tj ET Q q 0 0 0 rg BT 118.83 234.65 Td (customers' ) Tj ET Q q 0 0 0 rg BT 174.59 234.65 Td (homes, ) Tj ET Q q 0 0 0 rg BT 213.59 234.65 Td (will ) Tj ET Q q 0 0 0 rg BT 231.79 234.65 Td (help ) Tj ET Q q 0 0 0 rg BT 255.52 234.65 Td (provide ) Tj ET Q q 0 0 0 rg BT 294.52 234.65 Td (seamless ) Tj ET Q q 0 0 0 rg BT 343.91 234.65 Td (connectivity ) Tj ET Q q 0 0 0 rg BT 404.31 234.65 Td (at ) Tj ET Q q 0 0 0 rg BT 416.41 234.65 Td (no ) Tj ET Q q 0 0 0 rg BT 431.57 234.65 Td (incremental ) Tj ET Q q 0 0 0 rg BT 491.36 234.65 Td (cost ) Tj ET Q q 0 0 0 rg BT 514.46 234.65 Td (to ) Tj ET Q q 0 0 0 rg BT 526.56 234.65 Td (most ) Tj ET Q q 0 0 0 rg BT 553.33 234.65 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 221.45 Td (our ) Tj ET Q q 0 0 0 rg BT 68.45 221.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 124.12 221.45 Td (subscribers.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 199.25 Td (Regarding ) Tj ET Q q 0 0 0 rg BT 102.83 199.25 Td (our ) Tj ET Q q 0 0 0 rg BT 121.30 199.25 Td (new ) Tj ET Q q 0 0 0 rg BT 144.06 199.25 Td (build ) Tj ET Q q 0 0 0 rg BT 169.87 199.25 Td (ef) Tj ET Q q 0 0 0 rg BT 178.85 199.25 Td (forts, ) Tj ET Q q 0 0 0 rg BT 205.87 199.25 Td (we ) Tj ET Q q 0 0 0 rg BT 222.51 199.25 Td (have ) Tj ET Q q 0 0 0 rg BT 248.93 199.25 Td (implemented ) Tj ET Q q 0 0 0 rg BT 314.48 199.25 Td (a ) Tj ET Q q 0 0 0 rg BT 323.18 199.25 Td (few ) Tj ET Q q 0 0 0 rg BT 342.87 199.25 Td (test ) Tj ET Q q 0 0 0 rg BT 363.17 199.25 Td (projects ) Tj ET Q q 0 0 0 rg BT 404.26 199.25 Td (for ) Tj ET Q q 0 0 0 rg BT 419.67 199.25 Td (SDUs ) Tj ET Q q 0 0 0 rg BT 450.97 199.25 Td (in ) Tj ET Q q 0 0 0 rg BT 462.11 199.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 497.70 199.25 Td (under-served ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 186.05 Td (broadband ) Tj ET Q q 0 0 0 rg BT 105.31 186.05 Td (coverage ) Tj ET Q q 0 0 0 rg BT 153.76 186.05 Td (areas ) Tj ET Q q 0 0 0 rg BT 184.47 186.05 Td (in ) Tj ET Q q 0 0 0 rg BT 196.24 186.05 Td (NR) Tj ET Q q 0 0 0 rg BT 211.93 186.05 Td (W ) Tj ET Q q 0 0 0 rg BT 225.51 186.05 Td (and ) Tj ET Q q 0 0 0 rg BT 247.06 186.05 Td (have ) Tj ET Q q 0 0 0 rg BT 274.12 186.05 Td (seen ) Tj ET Q q 0 0 0 rg BT 301.17 186.05 Td (strong ) Tj ET Q q 0 0 0 rg BT 334.94 186.05 Td (initial ) Tj ET Q q 0 0 0 rg BT 363.21 186.05 Td (demand, ) Tj ET Q q 0 0 0 rg BT 409.22 186.05 Td (aiming ) Tj ET Q q 0 0 0 rg BT 444.82 186.05 Td (pre-registration ) Tj ET Q q 0 0 0 rg BT 522.00 186.05 Td (levels ) Tj ET Q q 0 0 0 rg BT 553.32 186.05 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 172.85 Td (30-50% ) Tj ET Q q 0 0 0 rg BT 90.55 172.85 Td (before ) Tj ET Q q 0 0 0 rg BT 124.87 172.85 Td (we ) Tj ET Q q 0 0 0 rg BT 142.07 172.85 Td (begin ) Tj ET Q q 0 0 0 rg BT 172.12 172.85 Td (construction. ) Tj ET Q q 0 0 0 rg BT 237.61 172.85 Td (In ) Tj ET Q q 0 0 0 rg BT 249.92 172.85 Td (terms ) Tj ET Q q 0 0 0 rg BT 280.55 172.85 Td (of ) Tj ET Q q 0 0 0 rg BT 292.86 172.85 Td (our ) Tj ET Q q 0 0 0 rg BT 311.89 172.85 Td (overall ) Tj ET Q q 0 0 0 rg BT 347.43 172.85 Td (build ) Tj ET Q q 0 0 0 rg BT 373.81 172.85 Td (activity ) Tj ET Q q 0 0 0 rg BT 410.56 172.85 Td (to ) Tj ET Q q 0 0 0 rg BT 422.87 172.85 Td (extend ) Tj ET Q q 0 0 0 rg BT 459.03 172.85 Td (our ) Tj ET Q q 0 0 0 rg BT 478.06 172.85 Td (marketable ) Tj ET Q q 0 0 0 rg BT 535.61 172.85 Td (base, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 159.65 Td (we ) Tj ET Q q 0 0 0 rg BT 66.97 159.65 Td (focused ) Tj ET Q q 0 0 0 rg BT 108.90 159.65 Td (on ) Tj ET Q q 0 0 0 rg BT 124.54 159.65 Td (setting ) Tj ET Q q 0 0 0 rg BT 160.36 159.65 Td (up ) Tj ET Q q 0 0 0 rg BT 176.00 159.65 Td (the ) Tj ET Q q 0 0 0 rg BT 194.70 159.65 Td (team, ) Tj ET Q q 0 0 0 rg BT 225.62 159.65 Td (the ) Tj ET Q q 0 0 0 rg BT 244.32 159.65 Td (IT) Tj ET Q q 0 0 0 rg BT 253.89 159.65 Td ( ) Tj ET Q q 0 0 0 rg BT 257.30 159.65 Td (platform ) Tj ET Q q 0 0 0 rg BT 300.44 159.65 Td (and ) Tj ET Q q 0 0 0 rg BT 322.20 159.65 Td (processes ) Tj ET Q q 0 0 0 rg BT 375.74 159.65 Td (that ) Tj ET Q q 0 0 0 rg BT 397.50 159.65 Td (will ) Tj ET Q q 0 0 0 rg BT 416.18 159.65 Td (better ) Tj ET Q q 0 0 0 rg BT 447.71 159.65 Td (enable ) Tj ET Q q 0 0 0 rg BT 484.15 159.65 Td (a ) Tj ET Q q 0 0 0 rg BT 493.68 159.65 Td (more ) Tj ET Q q 0 0 0 rg BT 522.15 159.65 Td (targeted ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 146.45 Td (new ) Tj ET Q q 0 0 0 rg BT 73.22 146.45 Td (build ) Tj ET Q q 0 0 0 rg BT 100.00 146.45 Td (and ) Tj ET Q q 0 0 0 rg BT 121.90 146.45 Td (related ) Tj ET Q q 0 0 0 rg BT 159.08 146.45 Td (go-to-market ) Tj ET Q q 0 0 0 rg BT 224.97 146.45 Td (approach. ) Tj ET Q q 0 0 0 rg BT 277.44 146.45 Td (In ) Tj ET Q q 0 0 0 rg BT 290.16 146.45 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 311.43 146.45 Td (we ) Tj ET Q q 0 0 0 rg BT 329.03 146.45 Td (expanded ) Tj ET Q q 0 0 0 rg BT 380.90 146.45 Td (our ) Tj ET Q q 0 0 0 rg BT 400.34 146.45 Td (marketable ) Tj ET Q q 0 0 0 rg BT 458.30 146.45 Td (base ) Tj ET Q q 0 0 0 rg BT 485.69 146.45 Td (by ) Tj ET Q q 0 0 0 rg BT 500.85 146.45 Td (over ) Tj ET Q q 0 0 0 rg BT 525.79 146.45 Td (30,000. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 133.25 Td (For ) Tj ET Q q 0 0 0 rg BT 68.60 133.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 98.72 133.25 Td (we ) Tj ET Q q 0 0 0 rg BT 115.38 133.25 Td (remain ) Tj ET Q q 0 0 0 rg BT 151.60 133.25 Td (committed ) Tj ET Q q 0 0 0 rg BT 204.94 133.25 Td (to ) Tj ET Q q 0 0 0 rg BT 216.71 133.25 Td (expanding ) Tj ET Q q 0 0 0 rg BT 270.08 133.25 Td (our ) Tj ET Q q 0 0 0 rg BT 288.57 133.25 Td (marketable ) Tj ET Q q 0 0 0 rg BT 345.58 133.25 Td (base ) Tj ET Q q 0 0 0 rg BT 372.04 133.25 Td (by ) Tj ET Q q 0 0 0 rg BT 386.25 133.25 Td (200,000, ) Tj ET Q q 0 0 0 rg BT 431.67 133.25 Td (with ) Tj ET Q q 0 0 0 rg BT 453.83 133.25 Td (the ) Tj ET Q q 0 0 0 rg BT 471.72 133.25 Td (majority ) Tj ET Q q 0 0 0 rg BT 512.82 133.25 Td (of ) Tj ET Q q 0 0 0 rg BT 524.59 133.25 Td (building ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 120.05 Td (activities ) Tj ET Q q 0 0 0 rg BT 94.74 120.05 Td (expected ) Tj ET Q q 0 0 0 rg BT 142.44 120.05 Td (to ) Tj ET Q q 0 0 0 rg BT 154.67 120.05 Td (occur ) Tj ET Q q 0 0 0 rg BT 184.62 120.05 Td (in ) Tj ET Q q 0 0 0 rg BT 196.24 120.05 Td (the ) Tj ET Q q 0 0 0 rg BT 214.59 120.05 Td (second ) Tj ET Q q 0 0 0 rg BT 253.11 120.05 Td (half ) Tj ET Q q 0 0 0 rg BT 273.90 120.05 Td (of ) Tj ET Q q 0 0 0 rg BT 286.13 120.05 Td (the ) Tj ET Q q 0 0 0 rg BT 304.48 120.05 Td (year) Tj ET Q q 0 0 0 rg BT 325.27 120.05 Td (.) Tj ET Q /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I33 Do Q endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (13) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Financial ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 109.42 709.85 Td (Summary) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 683.45 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 97.02 683.45 Td (for ) Tj ET Q q 0 0 0 rg BT 113.34 683.45 Td (the ) Tj ET Q q 0 0 0 rg BT 132.12 683.45 Td (three ) Tj ET Q q 0 0 0 rg BT 160.68 683.45 Td (months ) Tj ET Q q 0 0 0 rg BT 200.23 683.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 234.31 683.45 Td (March ) Tj ET Q q 0 0 0 rg BT 268.36 683.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 287.13 683.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 318.15 683.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 369.33 683.45 Td (4% ) Tj ET Q q 0 0 0 rg BT 388.71 683.45 Td (to ) Tj ET Q q 0 0 0 rg BT 401.37 683.45 Td (555 ) Tj ET Q q 0 0 0 rg BT 429.33 683.45 Td (million, ) Tj ET Q q 0 0 0 rg BT 467.04 683.45 Td (as ) Tj ET Q q 0 0 0 rg BT 482.15 683.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 534.55 683.45 Td (to ) Tj ET Q q 0 0 0 rg BT 547.21 683.45 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 670.25 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 122.62 670.25 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 173.10 670.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 209.93 670.25 Td (This ) Tj ET Q q 0 0 0 rg BT 234.12 670.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 270.55 670.25 Td (was ) Tj ET Q q 0 0 0 rg BT 293.52 670.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 338.49 670.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 396.33 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 408.92 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 427.62 670.25 Td (net ) Tj ET Q q 0 0 0 rg BT 446.33 670.25 Td (ef) Tj ET Q q 0 0 0 rg BT 455.30 670.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 476.44 670.25 Td (of ) Tj ET Q q 0 0 0 rg BT 489.03 670.25 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 502.21 670.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 536.20 670.25 Td (cable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 657.05 Td (subscription ) Tj ET Q q 0 0 0 rg BT 112.12 657.05 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 158.86 657.05 Td (driven ) Tj ET Q q 0 0 0 rg BT 192.75 657.05 Td (by ) Tj ET Q q 0 0 0 rg BT 208.30 657.05 Td (an ) Tj ET Q q 0 0 0 rg BT 224.46 657.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 269.97 657.05 Td (in ) Tj ET Q q 0 0 0 rg BT 282.46 657.05 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 342.63 657.05 Td (and ) Tj ET Q q 0 0 0 rg BT 364.91 657.05 Td (an ) Tj ET Q q 0 0 0 rg BT 381.08 657.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 426.58 657.05 Td (in ) Tj ET Q q 0 0 0 rg BT 438.29 657.05 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 472.78 657.05 Td (per ) Tj ET Q q 0 0 0 rg BT 492.61 657.05 Td (RGU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 517.06 662.30 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 521.03 657.05 Td (, ) Tj ET Q q 0 0 0 rg BT 528.02 657.05 Td (and ) Tj ET Q q 0 0 0 rg BT 550.30 657.05 Td (\(ii\) ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 643.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 78.84 643.85 Td (revenue ) Tj ET Q q 0 0 0 rg BT 121.65 643.85 Td (due ) Tj ET Q q 0 0 0 rg BT 143.06 643.85 Td (to ) Tj ET Q q 0 0 0 rg BT 155.29 643.85 Td (legislative ) Tj ET Q q 0 0 0 rg BT 206.65 643.85 Td (changes ) Tj ET Q q 0 0 0 rg BT 251.29 643.85 Td (that ) Tj ET Q q 0 0 0 rg BT 272.70 643.85 Td (reduced ) Tj ET Q q 0 0 0 rg BT 315.50 643.85 Td (the ) Tj ET Q q 0 0 0 rg BT 333.85 643.85 Td (late ) Tj ET Q q 0 0 0 rg BT 354.64 643.85 Td (fee ) Tj ET Q q 0 0 0 rg BT 372.99 643.85 Td (we ) Tj ET Q q 0 0 0 rg BT 390.11 643.85 Td (can ) Tj ET Q q 0 0 0 rg BT 410.90 643.85 Td (charge ) Tj ET Q q 0 0 0 rg BT 447.59 643.85 Td (to ) Tj ET Q q 0 0 0 rg BT 459.82 643.85 Td (customers. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 617.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 70.10 617.45 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 115.73 617.45 Td (Segment ) Tj ET Q q 0 0 0 rg BT 162.58 617.45 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 201.71 617.45 Td ( ) Tj ET Q q 0 0 0 rg BT 204.53 617.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 255.05 617.45 Td (4% ) Tj ET Q q 0 0 0 rg BT 273.78 617.45 Td (in ) Tj ET Q q 0 0 0 rg BT 285.16 617.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 302.66 617.45 Td (on ) Tj ET Q q 0 0 0 rg BT 317.72 617.45 Td (a ) Tj ET Q q 0 0 0 rg BT 326.66 617.45 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 401.01 617.45 Td (basis. ) Tj ET Q q 0 0 0 rg BT 432.39 617.45 Td (The ) Tj ET Q q 0 0 0 rg BT 454.16 617.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 498.57 617.45 Td (was ) Tj ET Q q 0 0 0 rg BT 520.95 617.45 Td (primarily ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 604.25 Td (due ) Tj ET Q q 0 0 0 rg BT 69.65 604.25 Td (to ) Tj ET Q q 0 0 0 rg BT 80.62 604.25 Td (the ) Tj ET Q q 0 0 0 rg BT 97.71 604.25 Td (previously ) Tj ET Q q 0 0 0 rg BT 149.03 604.25 Td (mentioned ) Tj ET Q q 0 0 0 rg BT 202.19 604.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 243.74 604.25 Td (drivers ) Tj ET Q q 0 0 0 rg BT 278.54 604.25 Td (and ) Tj ET Q q 0 0 0 rg BT 298.69 604.25 Td (is ) Tj ET Q q 0 0 0 rg BT 308.43 604.25 Td (net ) Tj ET Q q 0 0 0 rg BT 325.52 604.25 Td (of ) Tj ET Q q 0 0 0 rg BT 336.49 604.25 Td (the ) Tj ET Q q 0 0 0 rg BT 353.58 604.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 387.78 604.25 Td (of ) Tj ET Q q 0 0 0 rg BT 398.75 604.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 431.12 604.25 Td (programming ) Tj ET Q q 0 0 0 rg BT 497.72 604.25 Td (and ) Tj ET Q q 0 0 0 rg BT 517.87 604.25 Td (copyright ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 591.05 Td (expenses ) Tj ET Q q 0 0 0 rg BT 100.83 591.05 Td (due ) Tj ET Q q 0 0 0 rg BT 123.42 591.05 Td (to ) Tj ET Q q 0 0 0 rg BT 136.83 591.05 Td (an ) Tj ET Q q 0 0 0 rg BT 153.30 591.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 199.12 591.05 Td (in ) Tj ET Q q 0 0 0 rg BT 211.92 591.05 Td (certain ) Tj ET Q q 0 0 0 rg BT 249.17 591.05 Td (premium ) Tj ET Q q 0 0 0 rg BT 296.19 591.05 Td (content ) Tj ET Q q 0 0 0 rg BT 336.52 591.05 Td (and ) Tj ET Q q 0 0 0 rg BT 359.11 591.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 396.36 591.05 Td (in ) Tj ET Q q 0 0 0 rg BT 409.16 591.05 Td (the ) Tj ET Q q 0 0 0 rg BT 428.69 591.05 Td (number ) Tj ET Q q 0 0 0 rg BT 470.22 591.05 Td (of ) Tj ET Q q 0 0 0 rg BT 483.63 591.05 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 536.20 591.05 Td (video ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 577.85 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 111.85 577.85 Td ( ) Tj ET Q q 0 0 0 rg BT 114.91 577.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 551.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 70.83 551.45 Td (property) Tj ET Q q 0 0 0 rg BT 110.36 551.45 Td (, ) Tj ET Q q 0 0 0 rg BT 116.41 551.45 Td (equipment ) Tj ET Q q 0 0 0 rg BT 170.77 551.45 Td (and ) Tj ET Q q 0 0 0 rg BT 192.11 551.45 Td (intangible ) Tj ET Q q 0 0 0 rg BT 242.20 551.45 Td (asset ) Tj ET Q q 0 0 0 rg BT 271.48 551.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 318.50 551.45 Td (were ) Tj ET Q q 0 0 0 rg BT 345.34 551.45 Td (137 ) Tj ET Q q 0 0 0 rg BT 372.80 551.45 Td (million, ) Tj ET Q q 0 0 0 rg BT 410.02 551.45 Td (or ) Tj ET Q q 0 0 0 rg BT 422.79 551.45 Td (25% ) Tj ET Q q 0 0 0 rg BT 447.80 551.45 Td (of ) Tj ET Q q 0 0 0 rg BT 459.96 551.45 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 505.76 551.45 Td (in ) Tj ET Q q 0 0 0 rg BT 517.31 551.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 534.98 551.45 Td (2016, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 538.25 Td (as ) Tj ET Q q 0 0 0 rg BT 63.50 538.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 114.80 538.25 Td (to ) Tj ET Q q 0 0 0 rg BT 126.36 538.25 Td (148 ) Tj ET Q q 0 0 0 rg BT 153.22 538.25 Td (million, ) Tj ET Q q 0 0 0 rg BT 189.84 538.25 Td (or ) Tj ET Q q 0 0 0 rg BT 202.00 538.25 Td (28%, ) Tj ET Q q 0 0 0 rg BT 229.46 538.25 Td (in ) Tj ET Q q 0 0 0 rg BT 240.41 538.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 257.47 538.25 Td (2015. ) Tj ET Q q 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419.82 525.05 Td (and ) Tj ET Q q 0 0 0 rg BT 441.22 525.05 Td (lower ) Tj ET Q q 0 0 0 rg BT 470.57 525.05 Td (line ) Tj ET Q q 0 0 0 rg BT 490.75 525.05 Td (extensions. ) Tj ET Q /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I34 Do Q endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (14) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Third-Party Debt, ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 159.20 709.85 Td (Accrued Interest, Finance Lease Obligations and Cash and Cash ) Tj ET Q BT /F2 14.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 693.05 Td (Equivalents) Tj ET Q BT /F2 10.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 674.45 Td (The ) Tj ET Q q 0 0 0 rg BT 71.28 674.45 Td (following ) Tj ET Q q 0 0 0 rg BT 115.83 674.45 Td (table ) Tj ET Q q 0 0 0 rg BT 142.29 674.45 Td (details 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Td (finance ) Tj ET Q q 0 0 0 rg BT 390.19 661.85 Td (lease ) Tj ET Q q 0 0 0 rg BT 418.81 661.85 Td (obligations ) Tj ET Q q 0 0 0 rg BT 472.54 661.85 Td (and ) Tj ET Q q 0 0 0 rg BT 493.58 661.85 Td (cash ) Tj ET Q q 0 0 0 rg BT 519.28 661.85 Td (and ) Tj ET Q q 0 0 0 rg BT 540.32 661.85 Td (cash ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 649.25 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 105.54 649.25 Td (\(in ) Tj ET Q q 0 0 0 rg BT 120.13 649.25 Td (millions\): ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 614.75 m 413 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 614.75 m 417 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 614.75 m 482 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 614.75 m 562 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 591.75 m 413 591.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 591.75 m 482 591.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482 591.75 m 486 591.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 591.75 m 562 591.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 550.75 m 562 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 550.75 m 482 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 536.75 m 482 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 550.75 m 562 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 536.75 m 562 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 379.75 m 482 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 379.75 m 562 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 379.75 m 482 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 365.75 m 482 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 379.75 m 562 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 365.75 m 562 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 365.75 m 482 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 365.75 m 562 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 320.75 m 562 320.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 320.75 m 482 320.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 306.75 m 482 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 320.75 m 562 320.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 306.75 m 562 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 260.75 m 562 260.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 260.75 m 482 260.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 247.75 m 482 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 260.75 m 562 260.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 247.75 m 562 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 247.75 m 562 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 201.75 m 482 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 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Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.80 541.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 548.80 541.28 Td () Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 51.50 523.33 Td (Senior Secured Notes) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 510.28 Td (5.500% EUR Senior Secured Notes due 2022) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 250.75 510.33 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 510.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.50 510.28 Td (526.5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 510.28 Td (526.5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 510.28 Td (585.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 496.28 Td (5.125% EUR Senior Secured Notes due 2023) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 250.75 496.33 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 496.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.50 496.28 Td (405.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 496.28 Td (405.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 496.28 Td (450.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 482.28 Td (5.500% USD Senior Secured Notes due 2023) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 250.75 482.33 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 482.28 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 377.60 482.28 Td (1,000.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 482.28 Td (878.6) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 482.28 Td (920.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 468.28 Td (5.625% EUR Senior Secured Notes due 2023) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 250.75 468.33 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 468.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.50 468.28 Td (280.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 468.28 Td (280.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 468.28 Td (280.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 454.28 Td (5.750% EUR Senior Secured Notes due 2023) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 250.75 454.33 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 454.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.50 454.28 Td (405.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 454.28 Td (405.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 454.28 Td (405.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 440.28 Td (4.000% EUR Senior Secured Notes due 2025) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 250.75 440.33 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 440.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 377.60 440.28 Td (1,000.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 446.60 440.28 Td (1,000.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 526.60 440.28 Td (1,000.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 426.28 Td (5.000% USD Senior Secured Notes due 2025) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 250.75 426.33 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 426.28 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.50 426.28 Td (550.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 426.28 Td (483.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 426.28 Td (506.2) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 412.28 Td (4.625% EUR Senior Secured Notes due 2026) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 250.75 412.33 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 412.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.50 412.28 Td (420.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 412.28 Td (420.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 412.28 Td (420.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 398.28 Td (3.500% EUR Senior Secured Notes due 2027) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 250.75 398.33 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 398.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.50 398.28 Td (500.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 398.28 Td (500.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 398.28 Td (500.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 384.28 Td (6.250% EUR Senior Secured Notes due 2029) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 250.75 384.33 Td (..................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 384.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.50 384.28 Td (475.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 384.28 Td (475.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 384.28 Td (475.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 65.00 370.28 Td (Total Senior Secured Notes) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 182.45 370.33 Td (......................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 446.60 370.28 Td (5,373.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 526.60 370.28 Td (5,541.5) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 51.50 352.33 Td (Senior Notes) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 339.28 Td (6.125% USD Senior Notes due 2025) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 213.75 339.33 Td (................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 339.28 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.50 339.28 Td (900.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 339.28 Td (790.8) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 339.28 Td (828.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 325.28 Td (3.750% EUR Senior Notes due 2027) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 213.75 325.33 Td (................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 350.50 325.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.50 325.28 Td (700.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 325.28 Td (700.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 325.28 Td (700.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 65.00 311.28 Td (Total Senior Notes) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 145.50 311.33 Td (....................................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 446.60 311.28 Td (1,490.8) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 526.60 311.28 Td (1,528.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 51.50 293.28 Td (Vendor financing) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 124.40 293.33 Td (............................................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 454.50 293.28 Td (132.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 293.28 Td (130.8) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 51.50 279.28 Td (Finance lease obligations) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 161.35 279.33 Td (..............................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 465.05 279.28 Td (5.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 545.05 279.28 Td (5.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 51.50 265.28 Td (Accrued third-party interest, net of transaction costs) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 269.55 265.33 Td (.....................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 459.80 265.28 Td (30.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 265.28 Td (105.7) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 65.00 251.33 Td (Total carrying amount of third-party debt and finance lease obligations) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.70 251.33 Td (.........) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 446.60 251.33 Td (7,031.9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 526.60 251.33 Td (7,311.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 51.50 234.28 Td (Less:) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 220.28 Td (Cash and cash equivalents) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 174.55 220.33 Td (.........................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 465.05 220.28 Td (2.5) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 545.05 220.28 Td (2.0) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 57.50 206.28 Td (Restricted cash used to repay debt in January 2016) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 277.50 206.33 Td (..................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 468.80 206.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 534.50 206.28 Td (108.2) Tj ET Q BT /F3 9.50 Tf ET q 0 0 0 rg BT 65.00 192.28 Td (Net carrying amount of third-party debt and finance lease obligations) Tj ET Q BT /F3 9.50 Tf ET BT /F3 6.17 Tf ET q 0 0 0 rg BT 376.97 196.82 Td (24) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.70 192.33 Td (.........) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 419.50 192.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 446.60 192.28 Td (7,029.4) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 488.50 192.28 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 526.60 192.28 Td (7,201.1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 51.50 174.28 Td (Exchange rate \($ to \)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 148.15 174.33 Td (...................................................................................................) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 449.40 174.28 Td (1.1381) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 529.40 174.28 Td (1.0866) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 151.65 Td (At ) Tj ET Q q 0 0 0 rg BT 61.76 151.65 Td (March ) Tj ET Q q 0 0 0 rg BT 93.27 151.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 110.21 151.65 Td (2016, ) Tj ET Q q 0 0 0 rg BT 138.83 151.65 Td (our ) Tj ET Q q 0 0 0 rg BT 156.35 151.65 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 222.89 151.65 Td (third-party ) Tj ET Q q 0 0 0 rg BT 272.50 151.65 Td (debt ) Tj ET Q q 0 0 0 rg BT 295.27 151.65 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 343.72 151.65 Td (cost) Tj ET Q BT /F2 10.50 Tf ET BT /F2 6.82 Tf ET q 0 0 0 rg BT 362.98 156.66 Td (23) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 370.57 151.65 Td ( ) Tj ET Q q 0 0 0 rg BT 372.91 151.65 Td (was ) Tj ET Q q 0 0 0 rg BT 393.92 151.65 Td (4.8%. ) Tj ET Q q 0 0 0 rg BT 422.96 151.65 Td (The ) Tj ET Q q 0 0 0 rg BT 443.40 151.65 Td (average ) Tj ET Q q 0 0 0 rg BT 483.68 151.65 Td (tenor ) Tj ET Q q 0 0 0 rg BT 509.96 151.65 Td (of ) Tj ET Q q 0 0 0 rg BT 521.05 151.65 Td (our ) Tj ET Q q 0 0 0 rg BT 538.57 151.65 Td (third-) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 139.05 Td (party ) Tj ET Q q 0 0 0 rg BT 75.76 139.05 Td (debt ) Tj ET Q q 0 0 0 rg BT 99.12 139.05 Td (was ) Tj ET Q q 0 0 0 rg BT 120.71 139.05 Td (nearly ) Tj ET Q q 0 0 0 rg BT 152.22 139.05 Td (9 ) Tj ET Q q 0 0 0 rg BT 160.98 139.05 Td (years.) Tj ET Q BT /F2 10.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 189.57 139.05 Td ( ) Tj ET Q BT /F2 10.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 120.45 Td (Based ) Tj ET Q q 0 0 0 rg BT 81.02 120.45 Td (on ) Tj ET Q q 0 0 0 rg BT 94.45 120.45 Td (the ) Tj ET Q q 0 0 0 rg BT 110.79 120.45 Td (results ) Tj ET Q q 0 0 0 rg BT 143.46 120.45 Td (for ) Tj ET Q q 0 0 0 rg BT 157.46 120.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 173.22 120.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 198.32 120.45 Td (and ) Tj ET Q q 0 0 0 rg BT 217.59 120.45 Td (subject ) Tj ET Q q 0 0 0 rg BT 252.61 120.45 Td (to ) Tj ET Q q 0 0 0 rg BT 263.11 120.45 Td (the ) Tj ET Q q 0 0 0 rg BT 279.45 120.45 Td (completion ) Tj ET Q q 0 0 0 rg BT 331.98 120.45 Td (of ) Tj ET Q q 0 0 0 rg BT 342.48 120.45 Td (our ) Tj ET Q q 0 0 0 rg BT 359.41 120.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 375.16 120.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 400.27 120.45 Td (compliance ) Tj ET Q q 0 0 0 rg BT 455.12 120.45 Td (reporting ) Tj ET Q q 0 0 0 rg BT 498.31 120.45 Td (requirements, ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 107.85 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 61.81 107.85 Td (the ) Tj ET Q q 0 0 0 rg BT 79.39 107.85 Td (ratio ) Tj ET Q q 0 0 0 rg BT 102.79 107.85 Td (of ) Tj ET Q q 0 0 0 rg BT 114.53 107.85 Td (Senior ) Tj ET Q q 0 0 0 rg BT 147.87 107.85 Td (Secured ) Tj ET Q q 0 0 0 rg BT 189.96 107.85 Td (Debt ) Tj ET Q q 0 0 0 rg BT 215.12 107.85 Td (to ) Tj ET Q q 0 0 0 rg BT 226.27 107.85 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 281.21 107.85 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 318.55 107.85 Td ( ) Tj ET Q q 0 0 0 rg BT 321.53 107.85 Td (\(last ) Tj ET Q q 0 0 0 rg BT 344.35 107.85 Td (two ) Tj ET Q q 0 0 0 rg BT 363.67 107.85 Td (quarters ) Tj ET Q q 0 0 0 rg BT 405.17 107.85 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 462.45 107.85 Td (was ) Tj ET Q q 0 0 0 rg BT 484.10 107.85 Td (3.78x ) Tj ET Q q 0 0 0 rg BT 512.77 107.85 Td (and ) Tj ET Q q 0 0 0 rg BT 533.27 107.85 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 547.91 107.85 Td (the ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 95.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 74.74 95.25 Td (of ) Tj ET Q q 0 0 0 rg BT 88.01 95.25 Td (T) Tj ET Q q 0 0 0 rg BT 93.26 95.25 Td (otal ) Tj ET Q q 0 0 0 rg BT 115.00 95.25 Td (Debt ) Tj ET Q q 0 0 0 rg BT 142.00 95.25 Td (to ) Tj ET Q q 0 0 0 rg BT 154.62 95.25 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 211.40 95.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 248.74 95.25 Td ( ) Tj ET Q q 0 0 0 rg BT 253.56 95.25 Td (\(last ) Tj ET Q q 0 0 0 rg BT 278.21 95.25 Td (two ) Tj ET Q q 0 0 0 rg BT 299.37 95.25 Td (quarters ) Tj ET Q q 0 0 0 rg BT 342.71 95.25 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 401.82 95.25 Td (was ) Tj ET Q q 0 0 0 rg BT 425.31 95.25 Td (4.82x, ) Tj ET Q q 0 0 0 rg BT 458.73 95.25 Td (each ) Tj ET Q q 0 0 0 rg BT 486.32 95.25 Td (as ) Tj ET Q q 0 0 0 rg BT 502.23 95.25 Td (calculated ) Tj ET Q q 0 0 0 rg BT 554.33 95.25 Td (in ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 82.65 Td (accordance ) Tj ET Q q 0 0 0 rg BT 106.23 82.65 Td (with ) Tj ET Q q 0 0 0 rg BT 127.35 82.65 Td (our ) Tj ET Q q 0 0 0 rg BT 144.97 82.65 Td (most ) Tj ET Q q 0 0 0 rg BT 170.17 82.65 Td (restrictive ) Tj ET Q q 0 0 0 rg BT 217.54 82.65 Td (covenants.) Tj ET Q BT /F2 10.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 268.33 82.65 Td ( ) Tj ET Q BT /F2 10.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 270.29 82.65 Td (As ) Tj ET Q q 0 0 0 rg BT 284.99 82.65 Td (of ) Tj ET Q q 0 0 0 rg BT 296.19 82.65 Td (March ) Tj ET Q q 0 0 0 rg BT 327.81 82.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 344.85 82.65 Td (2016, ) Tj ET Q q 0 0 0 rg BT 373.57 82.65 Td (we ) Tj ET Q q 0 0 0 rg BT 389.44 82.65 Td (had ) Tj ET Q q 0 0 0 rg BT 409.41 82.65 Td (maximum ) Tj ET Q q 0 0 0 rg BT 457.35 82.65 Td (undrawn ) Tj ET Q q 0 0 0 rg BT 500.08 82.65 Td (commitments ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 70.05 Td (of ) Tj ET Q q 0 0 0 rg BT 60.00 70.05 Td (500 ) Tj ET Q q 0 0 0 rg BT 85.11 70.05 Td (million. ) Tj ET Q q 0 0 0 rg BT 119.53 70.05 Td (When ) Tj ET Q q 0 0 0 rg BT 148.71 70.05 Td (the ) Tj ET Q q 0 0 0 rg BT 165.05 70.05 Td (March ) Tj ET Q q 0 0 0 rg BT 195.97 70.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 212.32 70.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 237.42 70.05 Td (compliance ) Tj ET Q q 0 0 0 rg BT 292.28 70.05 Td (reporting ) Tj ET Q q 0 0 0 rg BT 335.47 70.05 Td (requirements ) Tj ET Q q 0 0 0 rg BT 398.50 70.05 Td (have ) Tj ET Q q 0 0 0 rg BT 423.01 70.05 Td (been ) Tj ET Q q 0 0 0 rg BT 448.12 70.05 Td (completed ) Tj ET Q q 0 0 0 rg BT 498.31 70.05 Td (and ) Tj ET Q q 0 0 0 rg BT 517.58 70.05 Td (assuming ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 57.45 Td (no ) Tj ET Q q 0 0 0 rg BT 63.58 57.45 Td (changes ) Tj ET Q q 0 0 0 rg BT 105.68 57.45 Td (from ) Tj ET Q q 0 0 0 rg BT 129.08 57.45 Td (March ) Tj ET Q q 0 0 0 rg BT 160.65 57.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 177.65 57.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 203.41 57.45 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 251.92 57.45 Td (levels, ) Tj ET Q q 0 0 0 rg BT 284.08 57.45 Td (we ) Tj ET Q q 0 0 0 rg BT 299.91 57.45 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 347.26 57.45 Td (the ) Tj ET Q q 0 0 0 rg BT 364.25 57.45 Td (full ) Tj ET Q q 0 0 0 rg BT 380.08 57.45 Td (amount ) Tj ET Q q 0 0 0 rg BT 417.50 57.45 Td (of ) Tj ET Q q 0 0 0 rg BT 428.66 57.45 Td (our ) Tj ET Q q 0 0 0 rg BT 446.24 57.45 Td (unused ) Tj ET Q q 0 0 0 rg BT 483.09 57.45 Td (commitments ) Tj ET Q q 0 0 0 rg BT 547.91 57.45 Td (will ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 44.85 Td (continue ) Tj ET Q q 0 0 0 rg BT 92.12 44.85 Td (to ) Tj ET Q q 0 0 0 rg BT 103.79 44.85 Td (be ) Tj ET Q q 0 0 0 rg BT 118.39 44.85 Td (available ) Tj ET Q q 0 0 0 rg BT 162.75 44.85 Td (to ) Tj ET Q q 0 0 0 rg BT 174.43 44.85 Td (be ) Tj ET Q q 0 0 0 rg BT 189.03 44.85 Td (drawn.) Tj ET Q /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I35 Do Q endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (15) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 230.20 395.20 Td (This page intentionally left blank) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 33.95 Td (16) Tj ET Q BT /F2 20.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 705.45 Td (Ziggo Reports Preliminary Q1 2016 Results) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 674.25 Td (Continued Competitive Environment Impacting RGU Performance ) Tj ET Q BT /F2 16.00 Tf ET BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 645.05 Td (Strong ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 100.80 645.05 Td (T) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 109.98 645.05 Td (raction Of Horizon ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 243.07 645.05 Td (TV With 100,000 New Subscribers in Q1) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 615.85 Td (Broadband Speeds Increased to 300 Mbps; Launched New WiFi Router ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 592.65 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 80.07 592.65 Td (Group ) Tj ET Q q 0 0 0 rg BT 113.69 592.65 Td (Holding ) Tj ET Q q 0 0 0 rg BT 154.05 592.65 Td (B.V) Tj ET Q q 0 0 0 rg BT 170.77 592.65 Td (. ) Tj ET Q q 0 0 0 rg BT 176.87 592.65 Td (\("Ziggo"\) ) Tj ET Q q 0 0 0 rg BT 222.58 592.65 Td (is ) Tj ET Q q 0 0 0 rg BT 233.57 592.65 Td (a ) Tj ET Q q 0 0 0 rg BT 242.74 592.65 Td (leading ) Tj ET Q q 0 0 0 rg BT 281.27 592.65 Td (provider ) Tj ET Q q 0 0 0 rg BT 324.06 592.65 Td (of ) Tj ET Q q 0 0 0 rg BT 336.29 592.65 Td (entertainment, ) Tj ET Q q 0 0 0 rg BT 409.66 592.65 Td (information ) Tj ET Q q 0 0 0 rg BT 467.13 592.65 Td (and ) Tj ET Q q 0 0 0 rg BT 488.53 592.65 Td (communication ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 579.45 Td (services ) Tj ET Q q 0 0 0 rg BT 92.28 579.45 Td (in ) Tj ET Q q 0 0 0 rg BT 103.27 579.45 Td (the ) Tj ET Q q 0 0 0 rg BT 121.00 579.45 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 182.75 579.45 Td (through ) Tj ET Q q 0 0 0 rg BT 222.49 579.45 Td (innovative ) Tj ET Q q 0 0 0 rg BT 274.46 579.45 Td (television, ) Tj ET Q q 0 0 0 rg BT 325.81 579.45 Td (internet, ) Tj ET Q q 0 0 0 rg BT 367.99 579.45 Td (telephony ) Tj ET Q q 0 0 0 rg BT 418.13 579.45 Td (and ) Tj ET Q q 0 0 0 rg BT 438.92 579.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 473.76 579.45 Td (services. ) Tj ET Q q 0 0 0 rg BT 519.11 579.45 Td (At ) Tj ET Q q 0 0 0 rg BT 531.94 579.45 Td (March ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 566.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 67.85 566.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 98.43 566.25 Td (we ) Tj ET Q q 0 0 0 rg BT 115.55 566.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 160.80 566.25 Td (9.7 ) Tj ET Q q 0 0 0 rg BT 179.15 566.25 Td (million ) Tj ET Q q 0 0 0 rg BT 213.38 566.25 Td (service ) Tj ET Q q 0 0 0 rg BT 251.28 566.25 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 318.53 566.25 Td (to ) Tj ET Q q 0 0 0 rg BT 330.76 566.25 Td (our ) Tj ET Q q 0 0 0 rg BT 349.71 566.25 Td (4.0 ) Tj ET Q q 0 0 0 rg BT 368.06 566.25 Td (million ) Tj ET Q q 0 0 0 rg BT 402.29 566.25 Td (customers. ) Tj ET Q q 0 0 0 rg BT 459.14 566.25 Td ( ) Tj ET Q q 0 0 0 rg BT 462.19 566.25 Td ( ) Tj ET Q q 0 0 0 rg BT 465.25 566.25 Td ( ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 49.50 539.85 Td (Operating and financial highlights) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.34 539.85 Td (*) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 231.62 539.85 Td (:) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 523.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 523.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 97.88 523.05 Td (net ) Tj ET Q q 0 0 0 rg BT 115.39 523.05 Td (loss ) Tj ET Q q 0 0 0 rg BT 137.16 523.05 Td (of ) Tj ET Q q 0 0 0 rg BT 148.54 523.05 Td (40,000 ) Tj ET Q q 0 0 0 rg BT 184.40 523.05 Td (RGUs) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 214.34 528.30 Td (3) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 218.31 523.05 Td ( ) Tj ET Q q 0 0 0 rg BT 220.52 523.05 Td (in ) Tj ET Q q 0 0 0 rg BT 231.30 523.05 Td (a ) Tj ET Q q 0 0 0 rg BT 239.62 523.05 Td (challenging ) Tj ET Q q 0 0 0 rg BT 297.49 523.05 Td (competitive ) Tj ET Q q 0 0 0 rg BT 355.33 523.05 Td (environment, ) Tj ET Q q 0 0 0 rg BT 421.13 523.05 Td (representing ) Tj ET Q q 0 0 0 rg BT 484.49 523.05 Td (an ) Tj ET Q q 0 0 0 rg BT 498.94 523.05 Td (improvement ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 509.85 Td (of ) Tj ET Q q 0 0 0 rg BT 93.23 509.85 Td (7,000 ) Tj ET Q q 0 0 0 rg BT 123.81 509.85 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 156.81 509.85 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 231.39 509.85 Td (as ) Tj ET Q q 0 0 0 rg BT 246.06 509.85 Td (a ) Tj ET Q q 0 0 0 rg BT 255.24 509.85 Td (result ) Tj ET Q q 0 0 0 rg BT 285.19 509.85 Td (of ) Tj ET Q q 0 0 0 rg BT 297.42 509.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 326.77 509.85 Td (churn) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 354.28 515.10 Td (2) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 487.03 cm /I36 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 490.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 134.25 490.05 Td (broadband) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 186.86 495.30 Td (4) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 190.83 490.05 Td ( ) Tj ET Q q 0 0 0 rg BT 192.91 490.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 219.43 490.05 Td (adds ) Tj ET Q q 0 0 0 rg BT 245.36 490.05 Td (of ) Tj ET Q q 0 0 0 rg BT 256.61 490.05 Td (8,000 ) Tj ET Q q 0 0 0 rg BT 286.21 490.05 Td (supported ) Tj ET Q q 0 0 0 rg BT 337.22 490.05 Td (by ) Tj ET Q q 0 0 0 rg BT 350.91 490.05 Td (campaigns ) Tj ET Q q 0 0 0 rg BT 406.18 490.05 Td (focused ) Tj ET Q q 0 0 0 rg BT 446.79 490.05 Td (on ) Tj ET Q q 0 0 0 rg BT 461.10 490.05 Td (our ) Tj ET Q q 0 0 0 rg BT 479.08 490.05 Td (speed ) Tj ET Q q 0 0 0 rg BT 511.12 490.05 Td (advantage ) Tj ET Q q 0 0 0 rg BT 565.56 490.05 Td ( ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 470.23 cm /I37 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 473.25 Td (Lower ) Tj ET Q q 0 0 0 rg BT 150.52 473.25 Td (RGU ) Tj ET Q q 0 0 0 rg BT 178.02 473.25 Td (attrition ) Tj ET Q q 0 0 0 rg BT 217.14 473.25 Td (in ) Tj ET Q q 0 0 0 rg BT 228.76 473.25 Td (video ) Tj ET Q q 0 0 0 rg BT 258.12 473.25 Td (and ) Tj ET Q q 0 0 0 rg BT 279.52 473.25 Td (telephony) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 327.23 478.50 Td (5) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 331.21 473.25 Td (, ) Tj ET Q q 0 0 0 rg BT 337.32 473.25 Td (both ) Tj ET Q q 0 0 0 rg BT 361.78 473.25 Td (sequentially ) Tj ET Q q 0 0 0 rg BT 422.93 473.25 Td (and ) Tj ET Q q 0 0 0 rg BT 444.34 473.25 Td (year-over-year ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 453.43 cm /I38 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 456.45 Td (Customer) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 164.68 461.70 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 168.66 456.45 Td ( ) Tj ET Q q 0 0 0 rg BT 170.67 456.45 Td (churn ) Tj ET Q q 0 0 0 rg BT 200.20 456.45 Td (in ) Tj ET Q q 0 0 0 rg BT 210.78 456.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 227.47 456.45 Td (at ) Tj ET Q q 0 0 0 rg BT 238.65 456.45 Td (lowest ) Tj ET Q q 0 0 0 rg BT 271.85 456.45 Td (level ) Tj ET Q q 0 0 0 rg BT 296.49 456.45 Td (since ) Tj ET Q q 0 0 0 rg BT 324.18 456.45 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 340.87 456.45 Td ('14, ) Tj ET Q q 0 0 0 rg BT 360.27 456.45 Td (reflecting ) Tj ET Q q 0 0 0 rg BT 406.92 456.45 Td (the ) Tj ET Q q 0 0 0 rg BT 424.23 456.45 Td (impact ) Tj ET Q q 0 0 0 rg BT 458.64 456.45 Td (of ) Tj ET Q q 0 0 0 rg BT 469.83 456.45 Td (our ) Tj ET Q q 0 0 0 rg BT 487.74 456.45 Td (quality ) Tj ET Q q 0 0 0 rg BT 521.55 456.45 Td (program) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 436.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 436.65 Td (Integration ) Tj ET Q q 0 0 0 rg BT 136.04 436.65 Td (on ) Tj ET Q q 0 0 0 rg BT 151.33 436.65 Td (track; ) Tj ET Q q 0 0 0 rg BT 181.28 436.65 Td (continuing ) Tj ET Q q 0 0 0 rg BT 234.48 436.65 Td (to ) Tj ET Q q 0 0 0 rg BT 246.71 436.65 Td (target ) Tj ET Q q 0 0 0 rg BT 277.90 436.65 Td (run-rate ) Tj ET Q q 0 0 0 rg BT 319.47 436.65 Td (synergies ) Tj ET Q q 0 0 0 rg BT 369.60 436.65 Td (of ) Tj ET Q q 0 0 0 rg BT 381.83 436.65 Td (250mm ) Tj ET Q q 0 0 0 rg BT 427.69 436.65 Td (by ) Tj ET Q q 0 0 0 rg BT 442.36 436.65 Td (year-end ) Tj ET Q q 0 0 0 rg BT 488.83 436.65 Td (2018 ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 416.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 416.85 Td (In ) Tj ET Q q 0 0 0 rg BT 93.55 416.85 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 114.66 416.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 155.72 416.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 173.15 416.85 Td (surpassed ) Tj ET Q q 0 0 0 rg BT 227.28 416.85 Td (100,000 ) Tj ET Q q 0 0 0 rg BT 270.42 416.85 Td (new ) Tj ET Q q 0 0 0 rg BT 293.98 416.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 353.59 416.85 Td (for ) Tj ET Q q 0 0 0 rg BT 369.81 416.85 Td (the ) Tj ET Q q 0 0 0 rg BT 388.48 416.85 Td (third ) Tj ET Q q 0 0 0 rg BT 413.25 416.85 Td (consecutive ) Tj ET Q q 0 0 0 rg BT 474.72 416.85 Td (quarter ) Tj ET Q q 0 0 0 rg BT 512.95 416.85 Td (to ) Tj ET Q q 0 0 0 rg BT 525.50 416.85 Td (reach ) Tj ET Q q 0 0 0 rg BT 556.39 416.85 Td (a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 403.65 Td (base ) Tj ET Q q 0 0 0 rg BT 107.91 403.65 Td (of ) Tj ET Q q 0 0 0 rg BT 120.14 403.65 Td (807,000; ) Tj ET Q q 0 0 0 rg BT 166.01 403.65 Td (boosting ) Tj ET Q q 0 0 0 rg BT 210.66 403.65 Td (our ) Tj ET Q q 0 0 0 rg BT 229.61 403.65 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 270.37 403.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 287.49 403.65 Td (penetration ) Tj ET Q q 0 0 0 rg BT 345.59 403.65 Td (to ) Tj ET Q q 0 0 0 rg BT 357.82 403.65 Td (20% ) Tj ET Q q 0 0 0 rg BT 382.89 403.65 Td (of ) Tj ET Q q 0 0 0 rg BT 395.12 403.65 Td (our ) Tj ET Q q 0 0 0 rg BT 414.07 403.65 Td (total ) Tj ET Q q 0 0 0 rg BT 437.92 403.65 Td (video ) Tj ET Q q 0 0 0 rg BT 467.27 403.65 Td (base) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 380.83 cm /I39 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 383.85 Td (Replay ) Tj ET Q q 0 0 0 rg BT 156.08 383.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 174.79 383.85 Td (used ) Tj ET Q q 0 0 0 rg BT 203.29 383.85 Td (by ) Tj ET Q q 0 0 0 rg BT 219.55 383.85 Td (nearly ) Tj ET Q q 0 0 0 rg BT 254.15 383.85 Td (70% ) Tj ET Q q 0 0 0 rg BT 280.82 383.85 Td (of ) Tj ET Q q 0 0 0 rg BT 294.64 383.85 Td (our ) Tj ET Q q 0 0 0 rg BT 315.18 383.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 357.43 383.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 376.13 383.85 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 431.52 383.85 Td (base; ) Tj ET Q q 0 0 0 rg BT 463.07 383.85 Td (popular ) Tj ET Q q 0 0 0 rg BT 504.41 383.85 Td (functionality ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 370.65 Td (expanded ) Tj ET Q q 0 0 0 rg BT 168.88 370.65 Td (to ) Tj ET Q q 0 0 0 rg BT 181.11 370.65 Td (all ) Tj ET Q q 0 0 0 rg BT 195.17 370.65 Td (4.0 ) Tj ET Q q 0 0 0 rg BT 213.52 370.65 Td (million ) Tj ET Q q 0 0 0 rg BT 247.75 370.65 Td (video ) Tj ET Q q 0 0 0 rg BT 277.10 370.65 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 336.40 370.65 Td (in ) Tj ET Q q 0 0 0 rg BT 347.41 370.65 Td (April ) Tj ET Q q 0 0 0 rg BT 372.47 370.65 Td (via ) Tj ET Q q 0 0 0 rg BT 389.59 370.65 Td (our ) Tj ET Q q 0 0 0 rg BT 408.54 370.65 Td (multi-screen ) Tj ET Q q 0 0 0 rg BT 471.50 370.65 Td (app, ) Tj ET Q q 0 0 0 rg BT 495.97 370.65 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 536.93 370.65 Td (Go) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 350.83 cm /I40 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 353.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 158.46 353.85 Td (Go ) Tj ET Q q 0 0 0 rg BT 176.19 353.85 Td (active ) Tj ET Q q 0 0 0 rg BT 207.98 353.85 Td (user ) Tj ET Q q 0 0 0 rg BT 232.44 353.85 Td (base ) Tj ET Q q 0 0 0 rg BT 259.35 353.85 Td (grew ) Tj ET Q q 0 0 0 rg BT 286.24 353.85 Td (by ) Tj ET Q q 0 0 0 rg BT 300.92 353.85 Td (466,000 ) Tj ET Q q 0 0 0 rg BT 343.74 353.85 Td (users ) Tj ET Q q 0 0 0 rg BT 373.69 353.85 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 448.27 353.85 Td (to ) Tj ET Q q 0 0 0 rg BT 460.50 353.85 Td (753,000 ) Tj ET Q q 0 0 0 rg BT 503.32 353.85 Td (in ) Tj ET Q q 0 0 0 rg BT 514.93 353.85 Td (Q1) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 334.03 cm /I41 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 337.05 Td (Launched ) Tj ET Q q 0 0 0 rg BT 168.38 337.05 Td (new ) Tj ET Q q 0 0 0 rg BT 191.62 337.05 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 232.38 337.05 Td (TV ) Tj ET Q q 0 0 0 rg BT 249.49 337.05 Td (apps ) Tj ET Q q 0 0 0 rg BT 276.40 337.05 Td (for ) Tj ET Q q 0 0 0 rg BT 292.29 337.05 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 322.86 337.05 Td (Sport ) Tj ET Q q 0 0 0 rg BT 352.21 337.05 Td (and ) Tj ET Q q 0 0 0 rg BT 373.42 337.05 Td (T) Tj ET Q q 0 0 0 rg BT 379.53 337.05 Td (witter ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 317.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 317.25 Td (Further ) Tj ET Q q 0 0 0 rg BT 119.22 317.25 Td (expanded ) Tj ET Q q 0 0 0 rg BT 170.32 317.25 Td (our ) Tj ET Q q 0 0 0 rg BT 188.99 317.25 Td (speed ) Tj ET Q q 0 0 0 rg BT 221.73 317.25 Td (leadership ) Tj ET Q q 0 0 0 rg BT 275.25 317.25 Td (in ) Tj ET Q q 0 0 0 rg BT 286.58 317.25 Td (the ) Tj ET Q q 0 0 0 rg BT 304.64 317.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 336.15 317.25 Td (residential ) Tj ET Q q 0 0 0 rg BT 389.06 317.25 Td (market ) Tj ET Q q 0 0 0 rg BT 425.44 317.25 Td (with ) Tj ET Q q 0 0 0 rg BT 447.78 317.25 Td (150 ) Tj ET Q q 0 0 0 rg BT 468.90 317.25 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 498.57 317.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 553.94 317.25 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 304.05 Td (our ) Tj ET Q q 0 0 0 rg BT 99.95 304.05 Td (core ) Tj ET Q q 0 0 0 rg BT 124.41 304.05 Td (of) Tj ET Q q 0 0 0 rg BT 133.38 304.05 Td (fering, ) Tj ET Q q 0 0 0 rg BT 167.01 304.05 Td (2.5x ) Tj ET Q q 0 0 0 rg BT 190.86 304.05 Td (times ) Tj ET Q q 0 0 0 rg BT 220.20 304.05 Td (faster ) Tj ET Q q 0 0 0 rg BT 250.76 304.05 Td (than ) Tj ET Q q 0 0 0 rg BT 275.23 304.05 Td (the ) Tj ET Q q 0 0 0 rg BT 293.58 304.05 Td (incumbent's ) Tj ET Q q 0 0 0 rg BT 354.98 304.05 Td (standard ) Tj ET Q q 0 0 0 rg BT 400.85 304.05 Td (of) Tj ET Q q 0 0 0 rg BT 409.82 304.05 Td (fering ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 281.23 cm /I42 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 284.25 Td (Introduced ) Tj ET Q q 0 0 0 rg BT 171.59 284.25 Td (top ) Tj ET Q q 0 0 0 rg BT 188.98 284.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 243.69 284.25 Td (speed ) Tj ET Q q 0 0 0 rg BT 275.76 284.25 Td (of ) Tj ET Q q 0 0 0 rg BT 287.04 284.25 Td (300 ) Tj ET Q q 0 0 0 rg BT 307.50 284.25 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 336.50 284.25 Td (nationally ) Tj ET Q q 0 0 0 rg BT 385.08 284.25 Td (for ) Tj ET Q q 0 0 0 rg BT 400.02 284.25 Td (residential ) Tj ET Q q 0 0 0 rg BT 452.27 284.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 505.10 284.25 Td (in ) Tj ET Q q 0 0 0 rg BT 515.77 284.25 Td (early ) Tj ET Q q 0 0 0 rg BT 541.72 284.25 Td (May ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 264.43 cm /I43 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 267.45 Td (Launched ) Tj ET Q q 0 0 0 rg BT 168.38 267.45 Td (new ) Tj ET Q q 0 0 0 rg BT 191.62 267.45 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 216.66 267.45 Td ("Connect ) Tj ET Q q 0 0 0 rg BT 264.59 267.45 Td (Box" ) Tj ET Q q 0 0 0 rg BT 290.51 267.45 Td (router ) Tj ET Q q 0 0 0 rg BT 322.30 267.45 Td (with ) Tj ET Q q 0 0 0 rg BT 344.92 267.45 Td (state-of-the-art ) Tj ET Q q 0 0 0 rg BT 420.11 267.45 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 445.16 267.45 Td (technology) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 247.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 247.65 Td (Added ) Tj ET Q q 0 0 0 rg BT 115.86 247.65 Td (10,000 ) Tj ET Q q 0 0 0 rg BT 152.56 247.65 Td (new ) Tj ET Q q 0 0 0 rg BT 175.80 247.65 Td (mobile ) Tj ET Q q 0 0 0 rg BT 211.26 247.65 Td (subscribers) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 267.50 252.90 Td (17) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 275.45 247.65 Td ( ) Tj ET Q q 0 0 0 rg BT 278.51 247.65 Td (in ) Tj ET Q q 0 0 0 rg BT 290.13 247.65 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 310.91 247.65 Td (increasing ) Tj ET Q q 0 0 0 rg BT 364.11 247.65 Td (our ) Tj ET Q q 0 0 0 rg BT 383.06 247.65 Td (total ) Tj ET Q q 0 0 0 rg BT 406.91 247.65 Td (base ) Tj ET Q q 0 0 0 rg BT 433.82 247.65 Td (to ) Tj ET Q q 0 0 0 rg BT 446.05 247.65 Td (197,000 ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 224.83 cm /I44 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 227.85 Td (Added ) Tj ET Q q 0 0 0 rg BT 151.27 227.85 Td (200 ) Tj ET Q q 0 0 0 rg BT 172.09 227.85 Td (minutes ) Tj ET Q q 0 0 0 rg BT 213.08 227.85 Td (to ) Tj ET Q q 0 0 0 rg BT 224.72 227.85 Td (our ) Tj ET Q q 0 0 0 rg BT 243.08 227.85 Td (mid-tier ) Tj ET Q q 0 0 0 rg BT 282.22 227.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 317.09 227.85 Td (bundle ) Tj ET Q q 0 0 0 rg BT 352.59 227.85 Td (and ) Tj ET Q q 0 0 0 rg BT 373.41 227.85 Td (2GB ) Tj ET Q q 0 0 0 rg BT 397.89 227.85 Td (of ) Tj ET Q q 0 0 0 rg BT 409.53 227.85 Td (data ) Tj ET Q q 0 0 0 rg BT 433.40 227.85 Td (to ) Tj ET Q q 0 0 0 rg BT 445.04 227.85 Td (our ) Tj ET Q q 0 0 0 rg BT 463.41 227.85 Td (family ) Tj ET Q q 0 0 0 rg BT 494.60 227.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 529.47 227.85 Td (bundle) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 208.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 208.05 Td (New ) Tj ET Q q 0 0 0 rg BT 106.06 208.05 Td (campaign ) Tj ET Q q 0 0 0 rg BT 156.81 208.05 Td (for ) Tj ET Q q 0 0 0 rg BT 172.71 208.05 Td (Small ) Tj ET Q q 0 0 0 rg BT 203.27 208.05 Td (Of) Tj ET Q q 0 0 0 rg BT 214.68 208.05 Td (fice ) Tj ET Q q 0 0 0 rg BT 234.85 208.05 Td (/ ) Tj ET Q q 0 0 0 rg BT 240.97 208.05 Td (Home ) Tj ET Q q 0 0 0 rg BT 273.37 208.05 Td (Of) Tj ET Q q 0 0 0 rg BT 284.78 208.05 Td (fice ) Tj ET Q q 0 0 0 rg BT 304.95 208.05 Td (\("SOHO"\) ) Tj ET Q q 0 0 0 rg BT 355.54 208.05 Td (supported ) Tj ET Q q 0 0 0 rg BT 407.52 208.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 425.25 208.05 Td (business ) Tj ET Q q 0 0 0 rg BT 471.72 208.05 Td (revenue ) Tj ET Q q 0 0 0 rg BT 514.53 208.05 Td (growth ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 185.23 cm /I45 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 188.25 Td (Driven ) Tj ET Q q 0 0 0 rg BT 151.84 188.25 Td (by ) Tj ET Q q 0 0 0 rg BT 166.52 188.25 Td (successful ) Tj ET Q q 0 0 0 rg BT 220.93 188.25 Td (video ) Tj ET Q q 0 0 0 rg BT 250.28 188.25 Td (and ) Tj ET Q q 0 0 0 rg BT 271.69 188.25 Td (data ) Tj ET Q q 0 0 0 rg BT 296.15 188.25 Td (propositions ) Tj ET Q q 0 0 0 rg BT 358.52 188.25 Td (and ) Tj ET Q q 0 0 0 rg BT 379.93 188.25 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 431.31 188.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 479.60 188.25 Td (service ) Tj ET Q q 0 0 0 rg BT 517.50 188.25 Td (levels) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 168.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 168.45 Td (ARPU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 112.06 173.70 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 116.04 168.45 Td ( ) Tj ET Q q 0 0 0 rg BT 119.09 168.45 Td (per ) Tj ET Q q 0 0 0 rg BT 138.05 168.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 186.34 168.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 237.09 168.45 Td (1.1% ) Tj ET Q q 0 0 0 rg BT 265.22 168.45 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 339.80 168.45 Td (to ) Tj ET Q q 0 0 0 rg BT 352.03 168.45 Td (44.88 ) Tj ET Q q 0 0 0 rg BT 388.73 168.45 Td (in ) Tj ET Q q 0 0 0 rg BT 400.35 168.45 Td (Q1) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 148.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 148.65 Td (Rebased) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 125.03 153.90 Td (7) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 129.01 148.65 Td ( ) Tj ET Q q 0 0 0 rg BT 132.06 148.65 Td (revenue ) Tj ET Q q 0 0 0 rg BT 174.87 148.65 Td (decreased ) Tj ET Q q 0 0 0 rg BT 229.30 148.65 Td (3% ) Tj ET Q q 0 0 0 rg BT 248.25 148.65 Td (to ) Tj ET Q q 0 0 0 rg BT 260.48 148.65 Td (607 ) Tj ET Q q 0 0 0 rg BT 288.01 148.65 Td (million ) Tj ET Q q 0 0 0 rg BT 322.24 148.65 Td (in ) Tj ET Q q 0 0 0 rg BT 333.86 148.65 Td (Q1) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 128.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 128.85 Td (Rebased ) Tj ET Q q 0 0 0 rg BT 128.59 128.85 Td (Segment ) Tj ET Q q 0 0 0 rg BT 175.67 128.85 Td (OCF) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 198.89 134.10 Td (8) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 202.87 128.85 Td ( ) Tj ET Q q 0 0 0 rg BT 205.92 128.85 Td (grew ) Tj ET Q q 0 0 0 rg BT 232.82 128.85 Td (3% ) Tj ET Q q 0 0 0 rg BT 251.78 128.85 Td (in ) Tj ET Q q 0 0 0 rg BT 263.39 128.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 281.12 128.85 Td (to ) Tj ET Q q 0 0 0 rg BT 293.35 128.85 Td (334 ) Tj ET Q q 0 0 0 rg BT 320.88 128.85 Td (million ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 109.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 109.05 Td (Operating ) Tj ET Q q 0 0 0 rg BT 132.36 109.05 Td (income ) Tj ET Q q 0 0 0 rg BT 170.88 109.05 Td (was ) Tj ET Q q 0 0 0 rg BT 193.50 109.05 Td (51.9 ) Tj ET Q q 0 0 0 rg BT 224.08 109.05 Td (million ) Tj ET Q q 0 0 0 rg BT 258.31 109.05 Td (in ) Tj ET Q q 0 0 0 rg BT 269.93 109.05 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 290.71 109.05 Td (as ) Tj ET Q q 0 0 0 rg BT 305.39 109.05 Td (compared ) Tj ET Q q 0 0 0 rg BT 357.36 109.05 Td (to ) Tj ET Q q 0 0 0 rg BT 369.59 109.05 Td (9.3 ) Tj ET Q q 0 0 0 rg BT 394.05 109.05 Td (million ) Tj ET Q q 0 0 0 rg BT 428.28 109.05 Td (in ) Tj ET Q q 0 0 0 rg BT 439.90 109.05 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 490.02 109.05 Td (period) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 89.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 89.25 Td (Property ) Tj ET Q q 0 0 0 rg BT 125.63 89.25 Td (and ) Tj ET Q q 0 0 0 rg BT 147.04 89.25 Td (equipment ) Tj ET Q q 0 0 0 rg BT 201.46 89.25 Td (additions) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 245.50 94.50 Td (10) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 253.45 89.25 Td ( ) Tj ET Q q 0 0 0 rg BT 256.50 89.25 Td (were ) Tj ET Q q 0 0 0 rg BT 283.40 89.25 Td (21% ) Tj ET Q q 0 0 0 rg BT 308.47 89.25 Td (of ) Tj ET Q q 0 0 0 rg BT 320.70 89.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 363.51 89.25 Td (in ) Tj ET Q q 0 0 0 rg BT 375.13 89.25 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 395.92 89.25 Td (versus ) Tj ET Q q 0 0 0 rg BT 431.37 89.25 Td (17% ) Tj ET Q q 0 0 0 rg BT 456.44 89.25 Td (in ) Tj ET Q q 0 0 0 rg BT 468.06 89.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 485.79 89.25 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 54.00 50.85 Td (* ) Tj ET Q q 0 0 0 rg BT 59.19 50.85 Td (The financial figures contained in this release are prepared in accordance with U.S. GAAP) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 378.03 54.67 Td (1) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 380.54 54.67 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.43 50.85 Td (. ) Tj ET Q /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I46 Do Q endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 31.95 Td (17) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 738.85 Td (Operating Statistics Summary) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 704.35 m 481.25 704.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.25 704.35 m 485.25 704.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 704.35 m 561.25 704.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 704.35 m 481.25 704.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 689.35 m 481.25 689.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 704.35 m 561.25 704.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 689.35 m 561.25 689.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 591.35 m 481.25 591.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 591.35 m 561.25 591.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 591.35 m 481.25 591.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 546.35 m 481.25 546.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 532.35 m 481.25 532.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 530.35 m 481.25 530.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 546.35 m 561.25 546.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 532.35 m 561.25 532.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 530.35 m 561.25 530.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 482.35 m 481.25 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 482.35 m 561.25 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 437.35 m 481.25 437.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 423.35 m 481.25 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.25 421.35 m 481.25 421.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 437.35 m 561.25 437.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 423.35 m 561.25 423.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 421.35 m 561.25 421.35 l s BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 417.20 717.75 Td (As of and for the three months) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 447.45 708.75 Td (ended March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.70 693.75 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.70 693.75 Td (2015) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.75 673.38525390625 m 95.6220703125 673.38525390625 l s q 0 0 0 rg BT 51.75 674.97 Td (Footprint) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 660.57 Td (Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 119.56 665.34 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 129.45 660.57 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 659.97 Td (7,036,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.35 659.97 Td (6,993,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 644.97 Td (T) Tj ET Q q 0 0 0 rg BT 57.31 644.97 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 161.79 649.74 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 171.10 644.57 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 644.97 Td (7,022,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.35 644.97 Td (6,979,200) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.75 624.38525390625 m 146.7744140625 624.38525390625 l s q 0 0 0 rg BT 51.75 625.97 Td (Subscribers \(RGUs\)) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 146.77 630.74 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 610.97 Td (Basic V) Tj ET Q q 0 0 0 rg BT 85.47 610.97 Td (ideo) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 104.38 615.74 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 115.55 610.57 Td (.......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.70 610.97 Td (736,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 515.70 610.97 Td (871,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 595.97 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 106.06 595.97 Td (ideo) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 124.96 600.74 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 595.57 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 595.97 Td (3,307,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.35 595.97 Td (3,368,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.75 580.97 Td (Total Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.90 580.57 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 580.97 Td (4,044,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.35 580.97 Td (4,239,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 565.97 Td (Internet) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 85.66 570.74 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 93.35 565.57 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 565.97 Td (3,108,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.35 565.97 Td (3,076,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 550.97 Td (T) Tj ET Q q 0 0 0 rg BT 56.75 550.97 Td (elephony) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 97.34 555.74 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 104.45 550.57 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 550.97 Td (2,535,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.35 550.97 Td (2,568,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.75 535.97 Td (Total RGUs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.90 535.57 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 535.97 Td (9,688,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.35 535.97 Td (9,884,800) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.75 515.38525390625 m 241.9599609375 515.38525390625 l s q 0 0 0 rg BT 51.75 516.97 Td (Q1 Organic RGU Net Additions \(Losses\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 501.97 Td (Basic Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 107.20 501.57 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.90 501.97 Td (\(31,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 501.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.90 501.97 Td (\(30,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 501.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 486.97 Td (Enhanced Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 129.45 486.57 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.90 486.97 Td (\(12,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 486.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.90 486.97 Td (\(19,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 486.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.75 471.97 Td (Total Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.90 471.57 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.90 471.97 Td (\(44,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 471.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.90 471.97 Td (\(49,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 471.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 456.97 Td (Internet) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 90.55 456.57 Td (................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.80 456.97 Td (7,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.25 456.97 Td (10,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 441.97 Td (Telephony) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 101.65 441.57 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.45 441.97 Td (\(3,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 441.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.45 441.97 Td (\(7,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 441.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.75 426.97 Td (Total organic RGU net losses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 201.70 426.57 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.90 426.97 Td (\(39,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 426.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.90 426.97 Td (\(46,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 426.97 Td (\)) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.75 406.98525390625 m 106.759765625 406.98525390625 l s q 0 0 0 rg BT 51.75 408.57 Td (Penetration) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 393.97 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 106.06 393.97 Td (ideo Subscribers as a % of ) Tj ET Q q 0 0 0 rg BT 227.60 393.97 Td (T) Tj ET Q q 0 0 0 rg BT 232.60 393.97 Td (otal V) Tj ET Q q 0 0 0 rg BT 258.00 393.97 Td (ideo Subscribers) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 332.48 398.74 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.60 393.57 Td (......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.35 393.97 Td (81.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 393.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.35 393.97 Td (79.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 393.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 379.27 Td (Internet as a % of ) Tj ET Q q 0 0 0 rg BT 132.73 379.27 Td (T) Tj ET Q q 0 0 0 rg BT 138.28 379.27 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 242.77 384.04 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.70 379.57 Td (......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.35 378.97 Td (44.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 378.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.35 378.97 Td (44.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 378.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 363.97 Td (T) Tj ET Q q 0 0 0 rg BT 56.75 363.97 Td (elephony as a % of ) Tj ET Q q 0 0 0 rg BT 144.41 363.97 Td (T) Tj ET Q q 0 0 0 rg BT 149.96 363.97 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 254.45 368.74 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.80 363.57 Td (..................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.35 363.97 Td (36.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 363.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.35 363.97 Td (36.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 363.97 Td (%) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.75 343.38525390625 m 166.76953125 343.38525390625 l s q 0 0 0 rg BT 51.75 344.97 Td (Customer Relationships) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 329.97 Td (Customer Relationships) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 157.91 334.74 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.55 329.57 Td (.....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 329.97 Td (4,046,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.35 329.97 Td (4,241,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 314.97 Td (RGUs per Customer Relationship) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 201.70 314.57 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.35 314.97 Td (2.39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.35 314.97 Td (2.33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 299.97 Td (Q1 Monthly ) Tj ET Q q 0 0 0 rg BT 105.11 299.97 Td (ARPU per Customer Relationship) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 254.06 304.74 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.05 299.57 Td (...................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.75 299.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.80 299.97 Td (44.88) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 487.75 299.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 526.80 299.97 Td (44.39) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.75 279.38525390625 m 144.5234375 279.38525390625 l s q 0 0 0 rg BT 51.75 280.97 Td (Customer Bundling) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 265.97 Td (Single-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 107.20 265.57 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.35 265.97 Td (21.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 265.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.35 265.97 Td (25.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 265.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 250.97 Td (Double-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 110.00 250.57 Td (.........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.35 250.97 Td (16.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 250.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.35 250.97 Td (15.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 250.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 235.97 Td (Triple-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 101.65 235.57 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.35 235.97 Td (61.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.85 235.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.35 235.97 Td (58.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 551.85 235.97 Td (%) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.75 215.38525390625 m 143.99609375 215.38525390625 l s q 0 0 0 rg BT 51.75 216.97 Td (Mobile Subscribers) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 144.00 221.74 Td (17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 201.97 Td (Total Mobile subscribers) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 162.80 201.57 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.70 201.97 Td (197,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 515.70 201.97 Td (158,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 186.97 Td (Q1 organic Mobile net additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.15 186.57 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.25 186.97 Td (10,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.25 186.97 Td (28,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.75 167.97 Td (Q1 Monthly ) Tj ET Q q 0 0 0 rg BT 105.11 167.97 Td (ARPU per Mobile Subscriber) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 232.94 172.74 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.75 152.97 Td (Excluding interconnect revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.80 152.57 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.75 152.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.80 152.97 Td (11.91) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 487.75 152.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 526.80 152.97 Td (12.95) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.75 137.97 Td (Including interconnect revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.00 137.57 Td (.....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.75 137.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.80 137.97 Td (13.21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 487.75 137.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 526.80 137.97 Td (14.47) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I47 Do Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 31.95 Td (18) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 738.85 Td (Financial Results, Segment OCF Reconciliation & Property and Equipment ) Tj ET Q BT /F2 14.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 722.05 Td (Additions ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 695.65 Td (The ) Tj ET Q q 0 0 0 rg BT 72.74 695.65 Td (following ) Tj ET Q q 0 0 0 rg BT 119.83 695.65 Td (table ) Tj ET Q q 0 0 0 rg BT 147.97 695.65 Td (reflects ) Tj ET Q q 0 0 0 rg BT 187.71 695.65 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 245.79 695.65 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 298.40 695.65 Td (selected ) Tj ET Q q 0 0 0 rg BT 343.66 695.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 388.31 695.65 Td (results ) Tj ET Q q 0 0 0 rg BT 424.99 695.65 Td (for ) Tj ET Q q 0 0 0 rg BT 442.12 695.65 Td (the ) Tj ET Q q 0 0 0 rg BT 461.69 695.65 Td (three ) Tj ET Q q 0 0 0 rg BT 491.05 695.65 Td (months ) Tj ET Q q 0 0 0 rg BT 531.41 695.65 Td (ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 682.45 Td (March ) Tj ET Q q 0 0 0 rg BT 83.12 682.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 101.47 682.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 132.05 682.45 Td (and ) Tj ET Q q 0 0 0 rg BT 153.46 682.45 Td (2015. ) Tj ET Q q 0 0 0 rg BT 184.04 682.45 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 636.75 m 409.75 636.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.75 636.75 m 413.75 636.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.75 636.75 m 484.75 636.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 636.75 m 409.75 636.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.75 636.75 m 484.75 636.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.75 624.75 m 484.75 624.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 624.75 m 409.75 624.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.75 624.75 m 560.75 624.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 599.75 m 409.75 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 597.75 m 409.75 597.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.75 599.75 m 484.75 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.75 597.75 m 484.75 597.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 519.75 m 409.75 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.75 519.75 m 484.75 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 519.75 m 409.75 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 505.75 m 409.75 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 503.75 m 409.75 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.75 505.75 m 484.75 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.75 503.75 m 484.75 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 486.75 m 409.75 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.75 484.75 m 409.75 484.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.75 486.75 m 484.75 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.75 484.75 m 484.75 484.75 l s BT /F3 8.50 Tf ET q 0 0 0 rg BT 350.15 641.06 Td (Three months ended March 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 506.50 641.06 Td (Rebased) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 364.75 628.06 Td (2016) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 439.25 628.06 Td (2015) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 508.65 628.06 Td (Change) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 385.45 615.75 Td (in millions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.25 603.37 Td (Revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.50 602.97 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.25 603.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.30 603.37 Td (607.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.25 603.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.30 603.37 Td (627.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.75 603.37 Td (\(3.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.00 603.37 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.25 584.37 Td (Segment OCF) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 119.50 583.97 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.25 584.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.30 584.37 Td (333.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.25 584.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.30 584.37 Td (325.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.05 584.37 Td (2.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.00 584.37 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.25 569.37 Td (Share-based compensation expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.75 568.97 Td (...........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.10 569.37 Td (\(2.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.35 569.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.10 569.37 Td (\(1.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.35 569.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.25 554.37 Td (Related-party fees and allocations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.65 553.97 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.55 554.37 Td (\(53.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.35 554.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.55 554.37 Td (\(39.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.35 554.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.25 539.37 Td (Depreciation and amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.95 538.97 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.95 539.37 Td (\(227.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.35 539.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.95 539.37 Td (\(269.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.35 539.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.25 524.37 Td (Impairment, restructuring and other operating items, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.10 523.97 Td (.............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.40 524.37 Td (1.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.10 524.37 Td (\(6.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.35 524.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.25 509.37 Td (Operating income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 133.40 508.97 Td (.........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.25 509.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.85 509.37 Td (51.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.25 509.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.40 509.37 Td (9.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.25 490.37 Td (Segment OCF as a percentage of revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.75 489.97 Td (..................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.85 490.37 Td (54.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.35 490.37 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.85 490.37 Td (51.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.35 490.37 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 461.05 Td (The ) Tj ET Q q 0 0 0 rg BT 71.19 461.05 Td (table ) Tj ET Q q 0 0 0 rg BT 97.78 461.05 Td (below ) Tj ET Q q 0 0 0 rg BT 129.25 461.05 Td (highlights ) Tj ET Q q 0 0 0 rg BT 178.47 461.05 Td (the ) Tj ET Q q 0 0 0 rg BT 196.49 461.05 Td (categories ) Tj ET Q q 0 0 0 rg BT 249.98 461.05 Td (of ) Tj ET Q q 0 0 0 rg BT 261.89 461.05 Td (our ) Tj ET Q q 0 0 0 rg BT 280.52 461.05 Td (property ) Tj ET Q q 0 0 0 rg BT 323.61 461.05 Td (and ) Tj ET Q q 0 0 0 rg BT 344.70 461.05 Td (equipment ) Tj ET Q q 0 0 0 rg BT 398.80 461.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 445.57 461.05 Td (for ) Tj ET Q q 0 0 0 rg BT 461.14 461.05 Td (the ) Tj ET Q q 0 0 0 rg BT 479.17 461.05 Td (indicated ) Tj ET Q q 0 0 0 rg BT 525.94 461.05 Td (periods ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 447.85 Td (and ) Tj ET Q q 0 0 0 rg BT 71.09 447.85 Td (reconciles ) Tj ET Q q 0 0 0 rg BT 123.85 447.85 Td (those ) Tj ET Q q 0 0 0 rg BT 153.99 447.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 201.26 447.85 Td (to ) Tj ET Q q 0 0 0 rg BT 213.67 447.85 Td (the ) Tj ET Q q 0 0 0 rg BT 232.19 447.85 Td (capital ) Tj ET Q q 0 0 0 rg BT 267.23 447.85 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 333.45 447.85 Td (that ) Tj ET Q q 0 0 0 rg BT 355.03 447.85 Td (we ) Tj ET Q q 0 0 0 rg BT 372.33 447.85 Td (present ) Tj ET Q q 0 0 0 rg BT 412.25 447.85 Td (in ) Tj ET Q q 0 0 0 rg BT 424.05 447.85 Td (our ) Tj ET Q q 0 0 0 rg BT 443.18 447.85 Td (condensed ) Tj ET Q q 0 0 0 rg BT 500.24 447.85 Td (consolidated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 434.65 Td (statements ) Tj ET Q q 0 0 0 rg BT 106.36 434.65 Td (of ) Tj ET Q q 0 0 0 rg BT 118.59 434.65 Td (cash ) Tj ET Q q 0 0 0 rg BT 144.88 434.65 Td (flows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 401.15 m 472.25 401.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.25 401.15 m 476.25 401.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 401.15 m 560.25 401.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 401.15 m 472.25 401.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 388.15 m 472.25 388.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 401.15 m 560.25 401.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 388.15 m 560.25 388.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 302.15 m 472.25 302.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 302.15 m 472.25 302.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 302.15 m 560.25 302.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 242.14999999999998 m 560.25 242.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 242.14999999999998 m 472.25 242.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 228.14999999999998 m 472.25 228.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 226.14999999999998 m 472.25 226.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 228.14999999999998 m 560.25 228.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 226.14999999999998 m 560.25 226.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 209.14999999999998 m 472.25 209.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 207.14999999999998 m 472.25 207.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 209.14999999999998 m 560.25 209.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 207.14999999999998 m 560.25 207.14999999999998 l s BT /F3 8.50 Tf ET q 0 0 0 rg BT 412.15 405.46 Td (Three months ended March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.70 392.10 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.70 392.10 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.45 379.15 Td (in millions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.75 366.77 Td (Customer premises equipment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.00 366.37 Td (.....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.75 366.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.35 366.77 Td (66.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.75 366.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.35 366.77 Td (38.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.75 351.77 Td (Scalable infrastructure) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.10 351.37 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.35 351.77 Td (24.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.35 351.77 Td (26.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.75 336.77 Td (Line extensions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 126.35 336.37 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.35 336.77 Td (13.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.35 336.77 Td (14.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.75 321.77 Td (Upgrade/rebuild) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 126.35 321.37 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.90 321.77 Td (7.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.35 321.77 Td (11.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.75 306.77 Td (Support capital) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.55 306.37 Td (..............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.35 306.77 Td (15.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.35 306.77 Td (16.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 61.75 291.77 Td ( Property and equipment additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.05 291.37 Td (............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.80 291.77 Td (126.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.80 291.77 Td (107.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.75 276.77 Td (Assets acquired under capital-related vendor financing arrangements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.70 276.37 Td (.........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.05 276.77 Td (\(36.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.85 276.77 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.60 276.77 Td (\(3.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.85 276.77 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.75 261.77 Td (Assets acquired under capital leases) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.05 261.37 Td (............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.85 261.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.60 261.77 Td (\(2.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.85 261.77 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.75 246.77 Td (Changes in liabilities related to capital expenditures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.95 246.37 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.35 246.77 Td (16.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.90 246.77 Td (3.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.75 231.77 Td ( ) Tj ET Q q 0 0 0 rg BT 77.57 231.77 Td (T) Tj ET Q q 0 0 0 rg BT 82.57 231.77 Td (otal capital expenditures) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 190.42 236.54 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 201.35 231.37 Td (..................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.75 231.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.80 231.77 Td (107.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.75 231.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.80 231.77 Td (104.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.75 212.77 Td (Property and equipment additions as a percentage of revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.15 212.37 Td (....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.35 212.77 Td (20.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.85 212.77 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.35 212.77 Td (17.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.85 212.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I48 Do Q endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 31.95 Td (19) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 738.85 Td (Subscriber Statistics) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 711.25 Td (During ) Tj ET Q q 0 0 0 rg BT 84.17 711.25 Td (the ) Tj ET Q q 0 0 0 rg BT 101.73 711.25 Td (first ) Tj ET Q q 0 0 0 rg BT 121.72 711.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 158.85 711.25 Td (of ) Tj ET Q q 0 0 0 rg BT 170.29 711.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 200.09 711.25 Td (we ) Tj ET Q q 0 0 0 rg BT 216.42 711.25 Td (continued ) Tj ET Q q 0 0 0 rg BT 266.39 711.25 Td (to ) Tj ET Q q 0 0 0 rg BT 277.84 711.25 Td (operate ) Tj ET Q q 0 0 0 rg BT 317.41 711.25 Td (in ) Tj ET Q q 0 0 0 rg BT 328.24 711.25 Td (a ) Tj ET Q q 0 0 0 rg BT 336.63 711.25 Td (highly ) Tj ET Q q 0 0 0 rg BT 367.64 711.25 Td (competitive ) Tj ET Q q 0 0 0 rg BT 425.54 711.25 Td (environment ) Tj ET Q q 0 0 0 rg BT 488.35 711.25 Td (and ) Tj ET Q q 0 0 0 rg BT 508.97 711.25 Td (lost ) Tj ET Q q 0 0 0 rg BT 528.36 711.25 Td (40,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.05 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 86.06 698.05 Td (as ) Tj ET Q q 0 0 0 rg BT 101.23 698.05 Td (compared ) Tj ET Q q 0 0 0 rg BT 153.70 698.05 Td (to ) Tj ET Q q 0 0 0 rg BT 166.43 698.05 Td (a ) Tj ET Q q 0 0 0 rg BT 176.10 698.05 Td (loss ) Tj ET Q q 0 0 0 rg BT 199.22 698.05 Td (of ) Tj ET Q q 0 0 0 rg BT 211.95 698.05 Td (47,000 ) Tj ET Q q 0 0 0 rg BT 249.15 698.05 Td (in ) Tj ET Q q 0 0 0 rg BT 261.27 698.05 Td (the ) Tj ET Q q 0 0 0 rg BT 280.12 698.05 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 353.39 698.05 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 404.01 698.05 Td (period. ) Tj ET Q q 0 0 0 rg BT 441.20 698.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 463.09 698.05 Td (improved ) Tj ET Q q 0 0 0 rg BT 511.89 698.05 Td (year-over-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 684.85 Td (year ) Tj ET Q q 0 0 0 rg BT 74.46 684.85 Td (result ) Tj ET Q q 0 0 0 rg BT 104.92 684.85 Td (was ) Tj ET Q q 0 0 0 rg BT 128.05 684.85 Td (mainly ) Tj ET Q q 0 0 0 rg BT 163.40 684.85 Td (attributable ) Tj ET Q q 0 0 0 rg BT 221.39 684.85 Td (to ) Tj ET Q q 0 0 0 rg BT 234.12 684.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 263.97 684.85 Td (churn, ) Tj ET Q q 0 0 0 rg BT 298.11 684.85 Td (as ) Tj ET Q q 0 0 0 rg BT 313.29 684.85 Td (the ) Tj ET Q q 0 0 0 rg BT 332.15 684.85 Td (quality ) Tj ET Q q 0 0 0 rg BT 367.51 684.85 Td (program ) Tj ET Q q 0 0 0 rg BT 412.03 684.85 Td (implemented ) Tj ET Q q 0 0 0 rg BT 478.57 684.85 Td (in ) Tj ET Q q 0 0 0 rg BT 490.69 684.85 Td (the ) Tj ET Q q 0 0 0 rg BT 509.55 684.85 Td (summer ) Tj ET Q q 0 0 0 rg BT 552.84 684.85 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 671.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 76.59 671.65 Td (and ) Tj ET Q q 0 0 0 rg BT 97.56 671.65 Td (the ) Tj ET Q q 0 0 0 rg BT 115.48 671.65 Td (success ) Tj ET Q q 0 0 0 rg BT 157.83 671.65 Td (of ) Tj ET Q q 0 0 0 rg BT 169.63 671.65 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 199.76 671.65 Td (Sport ) Tj ET Q q 0 0 0 rg BT 228.68 671.65 Td (contributed ) Tj ET Q q 0 0 0 rg BT 285.72 671.65 Td (to ) Tj ET Q q 0 0 0 rg BT 297.52 671.65 Td (our ) Tj ET Q q 0 0 0 rg BT 316.04 671.65 Td (lowest ) Tj ET Q q 0 0 0 rg BT 349.84 671.65 Td (churn ) Tj ET Q q 0 0 0 rg BT 379.97 671.65 Td (rate ) Tj ET Q q 0 0 0 rg BT 401.55 671.65 Td (since ) Tj ET Q q 0 0 0 rg BT 429.85 671.65 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 447.14 671.65 Td (2014. ) Tj ET Q q 0 0 0 rg BT 477.29 671.65 Td (Sales ) Tj ET Q q 0 0 0 rg BT 507.43 671.65 Td (levels ) Tj ET Q q 0 0 0 rg BT 538.17 671.65 Td (were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 658.45 Td (supported ) Tj ET Q q 0 0 0 rg BT 101.54 658.45 Td (by ) Tj ET Q q 0 0 0 rg BT 116.28 658.45 Td (a ) Tj ET Q q 0 0 0 rg BT 125.51 658.45 Td (switching ) Tj ET Q q 0 0 0 rg BT 173.87 658.45 Td (campaign ) Tj ET Q q 0 0 0 rg BT 224.68 658.45 Td (launched ) Tj ET Q q 0 0 0 rg BT 272.45 658.45 Td (in ) Tj ET Q q 0 0 0 rg BT 284.13 658.45 Td (February) Tj ET Q q 0 0 0 rg BT 327.33 658.45 Td (, ) Tj ET Q q 0 0 0 rg BT 333.50 658.45 Td (but ) Tj ET Q q 0 0 0 rg BT 351.91 658.45 Td (were ) Tj ET Q q 0 0 0 rg BT 378.87 658.45 Td (also ) Tj ET Q q 0 0 0 rg BT 402.17 658.45 Td (impacted ) Tj ET Q q 0 0 0 rg BT 449.92 658.45 Td (by ) Tj ET Q q 0 0 0 rg BT 464.65 658.45 Td (the ) Tj ET Q q 0 0 0 rg BT 483.06 658.45 Td (recent ) Tj ET Q q 0 0 0 rg BT 516.75 658.45 Td (reduction ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 645.25 Td (in ) Tj ET Q q 0 0 0 rg BT 59.75 645.25 Td (our ) Tj ET Q q 0 0 0 rg BT 77.34 645.25 Td (promotional ) Tj ET Q q 0 0 0 rg BT 136.50 645.25 Td (discount ) Tj ET Q q 0 0 0 rg BT 179.16 645.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 216.93 645.25 Td (from ) Tj ET Q q 0 0 0 rg BT 240.62 645.25 Td (6 ) Tj ET Q q 0 0 0 rg BT 248.43 645.25 Td (months ) Tj ET Q q 0 0 0 rg BT 286.19 645.25 Td (to ) Tj ET Q q 0 0 0 rg BT 297.05 645.25 Td (3 ) Tj ET Q q 0 0 0 rg BT 304.86 645.25 Td (months. ) Tj ET Q q 0 0 0 rg BT 345.68 645.25 Td (In ) Tj ET Q q 0 0 0 rg BT 356.54 645.25 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 375.96 645.25 Td (we ) Tj ET Q q 0 0 0 rg BT 391.71 645.25 Td (implemented ) Tj ET Q q 0 0 0 rg BT 456.38 645.25 Td (further ) Tj ET Q q 0 0 0 rg BT 489.86 645.25 Td (enhancements ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 632.05 Td (to ) Tj ET Q q 0 0 0 rg BT 61.35 632.05 Td (our ) Tj ET Q q 0 0 0 rg BT 79.93 632.05 Td (service ) Tj ET Q q 0 0 0 rg BT 117.45 632.05 Td (strategy ) Tj ET Q q 0 0 0 rg BT 159.26 632.05 Td (with ) Tj ET Q q 0 0 0 rg BT 181.50 632.05 Td (the ) Tj ET Q q 0 0 0 rg BT 199.47 632.05 Td (aim ) Tj ET Q q 0 0 0 rg BT 219.87 632.05 Td (of ) Tj ET Q q 0 0 0 rg BT 231.72 632.05 Td (increasing ) Tj ET Q q 0 0 0 rg BT 284.54 632.05 Td (our ) Tj ET Q q 0 0 0 rg BT 303.12 632.05 Td (net ) Tj ET Q q 0 0 0 rg BT 321.09 632.05 Td (promoter ) Tj ET Q q 0 0 0 rg BT 367.78 632.05 Td (score ) Tj ET Q q 0 0 0 rg BT 397.36 632.05 Td (\("NPS"\) ) Tj ET Q q 0 0 0 rg BT 437.79 632.05 Td (and ) Tj ET Q q 0 0 0 rg BT 458.83 632.05 Td (customer ) Tj ET Q q 0 0 0 rg BT 506.74 632.05 Td (loyalty ) Tj ET Q q 0 0 0 rg BT 540.60 632.05 Td (and, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 618.85 Td (as ) Tj ET Q q 0 0 0 rg BT 63.43 618.85 Td (a ) Tj ET Q q 0 0 0 rg BT 71.85 618.85 Td (result, ) Tj ET Q q 0 0 0 rg BT 104.12 618.85 Td (we ) Tj ET Q q 0 0 0 rg BT 120.49 618.85 Td (have ) Tj ET Q q 0 0 0 rg BT 146.65 618.85 Td (seen ) Tj ET Q q 0 0 0 rg BT 172.81 618.85 Td (a ) Tj ET Q q 0 0 0 rg BT 181.24 618.85 Td (significant ) Tj ET Q q 0 0 0 rg BT 232.46 618.85 Td (sequential ) Tj ET Q q 0 0 0 rg BT 284.92 618.85 Td (decline ) Tj ET Q q 0 0 0 rg BT 322.08 618.85 Td (in ) Tj ET Q q 0 0 0 rg BT 332.95 618.85 Td (customer ) Tj ET Q q 0 0 0 rg BT 380.50 618.85 Td (calls ) Tj ET Q q 0 0 0 rg BT 404.81 618.85 Td (and ) Tj ET Q q 0 0 0 rg BT 425.47 618.85 Td (an ) Tj ET Q q 0 0 0 rg BT 440.02 618.85 Td (improvement ) Tj ET Q q 0 0 0 rg BT 505.90 618.85 Td (in ) Tj ET Q q 0 0 0 rg BT 516.77 618.85 Td (customer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 605.65 Td (service ) Tj ET Q q 0 0 0 rg BT 87.40 605.65 Td (levels, ) Tj ET Q q 0 0 0 rg BT 121.63 605.65 Td (both ) Tj ET Q q 0 0 0 rg BT 146.10 605.65 Td (of ) Tj ET Q q 0 0 0 rg BT 158.33 605.65 Td (which ) Tj ET Q q 0 0 0 rg BT 189.51 605.65 Td (led ) Tj ET Q q 0 0 0 rg BT 207.24 605.65 Td (to ) Tj ET Q q 0 0 0 rg BT 219.47 605.65 Td (improved ) Tj ET Q q 0 0 0 rg BT 267.77 605.65 Td (NPS ) Tj ET Q q 0 0 0 rg BT 293.44 605.65 Td (related ) Tj ET Q q 0 0 0 rg BT 330.13 605.65 Td (to ) Tj ET Q q 0 0 0 rg BT 342.36 605.65 Td (customer ) Tj ET Q q 0 0 0 rg BT 390.66 605.65 Td (service ) Tj ET Q q 0 0 0 rg BT 428.55 605.65 Td (in ) Tj ET Q q 0 0 0 rg BT 440.17 605.65 Td (Q1. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 579.25 Td (Despite ) Tj ET Q q 0 0 0 rg BT 88.83 579.25 Td (the ) Tj ET Q q 0 0 0 rg BT 106.15 579.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 127.74 579.25 Td (of ) Tj ET Q q 0 0 0 rg BT 138.95 579.25 Td (44,000 ) Tj ET Q q 0 0 0 rg BT 174.62 579.25 Td (video ) Tj ET Q q 0 0 0 rg BT 202.95 579.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 234.92 579.25 Td (during ) Tj ET Q q 0 0 0 rg BT 267.53 579.25 Td (the ) Tj ET Q q 0 0 0 rg BT 284.85 579.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 319.10 579.25 Td (, ) Tj ET Q q 0 0 0 rg BT 324.19 579.25 Td (our ) Tj ET Q q 0 0 0 rg BT 342.12 579.25 Td (video ) Tj ET Q q 0 0 0 rg BT 370.44 579.25 Td (attrition, ) Tj ET Q q 0 0 0 rg BT 411.60 579.25 Td (predominately ) Tj ET Q q 0 0 0 rg BT 482.73 579.25 Td (related ) Tj ET Q q 0 0 0 rg BT 518.39 579.25 Td (to ) Tj ET Q q 0 0 0 rg BT 529.60 579.25 Td (single-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 566.05 Td (play ) Tj ET Q q 0 0 0 rg BT 72.29 566.05 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 134.20 566.05 Td (improved ) Tj ET Q q 0 0 0 rg BT 182.06 566.05 Td (both ) Tj ET Q q 0 0 0 rg BT 206.08 566.05 Td (sequentially ) Tj ET Q q 0 0 0 rg BT 266.79 566.05 Td (and ) Tj ET Q q 0 0 0 rg BT 287.76 566.05 Td (as ) Tj ET Q q 0 0 0 rg BT 301.99 566.05 Td (compared ) Tj ET Q q 0 0 0 rg BT 353.52 566.05 Td (to ) Tj ET Q q 0 0 0 rg BT 365.31 566.05 Td (the ) Tj ET Q q 0 0 0 rg BT 383.21 566.05 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 432.89 566.05 Td (period ) Tj ET Q q 0 0 0 rg BT 466.09 566.05 Td (by ) Tj ET Q q 0 0 0 rg BT 480.32 566.05 Td (5,000 ) Tj ET Q q 0 0 0 rg BT 510.46 566.05 Td (and ) Tj ET Q q 0 0 0 rg BT 531.43 566.05 Td (7,000, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 552.85 Td (respectively) Tj ET Q q 0 0 0 rg BT 106.76 552.85 Td (. ) Tj ET Q q 0 0 0 rg BT 113.15 552.85 Td (In ) Tj ET Q q 0 0 0 rg BT 125.66 552.85 Td (addition, ) Tj ET Q q 0 0 0 rg BT 170.58 552.85 Td (we ) Tj ET Q q 0 0 0 rg BT 187.97 552.85 Td (added ) Tj ET Q q 0 0 0 rg BT 221.89 552.85 Td (over ) Tj ET Q q 0 0 0 rg BT 246.62 552.85 Td (100,000 ) Tj ET Q q 0 0 0 rg BT 289.71 552.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 349.29 552.85 Td (to ) Tj ET Q q 0 0 0 rg BT 361.79 552.85 Td (our ) Tj ET Q q 0 0 0 rg BT 381.02 552.85 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 460.58 552.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 477.97 552.85 Td (platform, ) Tj ET Q q 0 0 0 rg BT 524.09 552.85 Td (Horizon ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 539.65 Td (TV) Tj ET Q q 0 0 0 rg BT 62.55 539.65 Td (, ) Tj ET Q q 0 0 0 rg BT 68.70 539.65 Td (which ) Tj ET Q q 0 0 0 rg BT 99.92 539.65 Td (had ) Tj ET Q q 0 0 0 rg BT 121.38 539.65 Td (807,000 ) Tj ET Q q 0 0 0 rg BT 164.24 539.65 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 223.58 539.65 Td (at ) Tj ET Q q 0 0 0 rg BT 235.85 539.65 Td (March ) Tj ET Q q 0 0 0 rg BT 269.51 539.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 287.91 539.65 Td (2016. ) Tj ET Q q 0 0 0 rg BT 318.33 539.65 Td (This ) Tj ET Q q 0 0 0 rg BT 342.21 539.65 Td (represents ) Tj ET Q q 0 0 0 rg BT 397.28 539.65 Td (20% ) Tj ET Q q 0 0 0 rg BT 422.40 539.65 Td (penetration ) Tj ET Q q 0 0 0 rg BT 480.54 539.65 Td (of ) Tj ET Q q 0 0 0 rg BT 492.81 539.65 Td (our ) Tj ET Q q 0 0 0 rg BT 511.81 539.65 Td (total ) Tj ET Q q 0 0 0 rg BT 535.70 539.65 Td (video ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 526.45 Td (base, ) Tj ET Q q 0 0 0 rg BT 79.26 526.45 Td (a ) Tj ET Q q 0 0 0 rg BT 88.24 526.45 Td (figure ) Tj ET Q q 0 0 0 rg BT 118.61 526.45 Td (that ) Tj ET Q q 0 0 0 rg BT 139.81 526.45 Td (has ) Tj ET Q q 0 0 0 rg BT 160.40 526.45 Td (doubled ) Tj ET Q q 0 0 0 rg BT 202.40 526.45 Td (since ) Tj ET Q q 0 0 0 rg BT 230.94 526.45 Td (its ) Tj ET Q q 0 0 0 rg BT 244.79 526.45 Td (introduction ) Tj ET Q q 0 0 0 rg BT 304.51 526.45 Td (to ) Tj ET Q q 0 0 0 rg BT 316.54 526.45 Td (the ) Tj ET Q q 0 0 0 rg BT 334.69 526.45 Td (former ) Tj ET Q q 0 0 0 rg BT 369.32 526.45 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 399.69 526.45 Td (footprint ) Tj ET Q q 0 0 0 rg BT 442.30 526.45 Td (in ) Tj ET Q q 0 0 0 rg BT 453.14 526.45 Td (April ) Tj ET Q q 0 0 0 rg BT 478.00 526.45 Td (2015. ) Tj ET Q q 0 0 0 rg BT 508.39 526.45 Td (In ) Tj ET Q q 0 0 0 rg BT 520.41 526.45 Td (addition, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 513.25 Td (the ) Tj ET Q q 0 0 0 rg BT 68.05 513.25 Td (Replay ) Tj ET Q q 0 0 0 rg BT 105.33 513.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 122.65 513.25 Td (functionality ) Tj ET Q q 0 0 0 rg BT 183.99 513.25 Td (on ) Tj ET Q q 0 0 0 rg BT 199.48 513.25 Td (our ) Tj ET Q q 0 0 0 rg BT 218.64 513.25 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 259.58 513.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 276.90 513.25 Td (platform ) Tj ET Q q 0 0 0 rg BT 319.89 513.25 Td (has ) Tj ET Q q 0 0 0 rg BT 340.88 513.25 Td (proven ) Tj ET Q q 0 0 0 rg BT 377.77 513.25 Td (to ) Tj ET Q q 0 0 0 rg BT 390.20 513.25 Td (be ) Tj ET Q q 0 0 0 rg BT 405.69 513.25 Td (a ) Tj ET Q q 0 0 0 rg BT 415.07 513.25 Td (highly ) Tj ET Q q 0 0 0 rg BT 447.06 513.25 Td (attractive ) Tj ET Q q 0 0 0 rg BT 494.95 513.25 Td (feature ) Tj ET Q q 0 0 0 rg BT 532.45 513.25 Td (that ) Tj ET Q q 0 0 0 rg BT 554.06 513.25 Td (is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 500.05 Td (actively ) Tj ET Q q 0 0 0 rg BT 89.44 500.05 Td (being ) Tj ET Q q 0 0 0 rg BT 119.61 500.05 Td (used ) Tj ET Q q 0 0 0 rg BT 146.72 500.05 Td (by ) Tj ET Q q 0 0 0 rg BT 161.59 500.05 Td (over ) Tj ET Q q 0 0 0 rg BT 186.24 500.05 Td (two ) Tj ET Q q 0 0 0 rg BT 206.62 500.05 Td (thirds ) Tj ET Q q 0 0 0 rg BT 236.77 500.05 Td (of ) Tj ET Q q 0 0 0 rg BT 249.20 500.05 Td (our ) Tj ET Q q 0 0 0 rg BT 268.36 500.05 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 347.84 500.05 Td (TV ) Tj ET Q q 0 0 0 rg BT 365.16 500.05 Td (users. ) Tj ET Q q 0 0 0 rg BT 398.37 500.05 Td (For ) Tj ET Q q 0 0 0 rg BT 418.12 500.05 Td (that ) Tj ET Q q 0 0 0 rg BT 439.73 500.05 Td (reason, ) Tj ET Q q 0 0 0 rg BT 479.67 500.05 Td (we ) Tj ET Q q 0 0 0 rg BT 496.99 500.05 Td (made ) Tj ET Q q 0 0 0 rg BT 527.76 500.05 Td (Replay ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 486.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 66.53 486.85 Td (available ) Tj ET Q q 0 0 0 rg BT 112.93 486.85 Td (to ) Tj ET Q q 0 0 0 rg BT 125.08 486.85 Td (our ) Tj ET Q q 0 0 0 rg BT 143.96 486.85 Td (3.2 ) Tj ET Q q 0 0 0 rg BT 162.23 486.85 Td (million ) Tj ET Q q 0 0 0 rg BT 196.38 486.85 Td (non-Horizon ) Tj ET Q q 0 0 0 rg BT 259.08 486.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 276.11 486.85 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 338.39 486.85 Td (via ) Tj ET Q q 0 0 0 rg BT 355.43 486.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 396.31 486.85 Td (Go, ) Tj ET Q q 0 0 0 rg BT 417.01 486.85 Td (our ) Tj ET Q q 0 0 0 rg BT 435.89 486.85 Td (multi-screen ) Tj ET Q q 0 0 0 rg BT 498.58 486.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 515.61 486.85 Td (app. ) Tj ET Q q 0 0 0 rg BT 540.00 486.85 Td (With ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 473.65 Td (this ) Tj ET Q q 0 0 0 rg BT 69.30 473.65 Td (enhancement, ) Tj ET Q q 0 0 0 rg BT 141.69 473.65 Td (we ) Tj ET Q q 0 0 0 rg BT 158.44 473.65 Td (look ) Tj ET Q q 0 0 0 rg BT 181.30 473.65 Td (forward ) Tj ET Q q 0 0 0 rg BT 220.66 473.65 Td (to ) Tj ET Q q 0 0 0 rg BT 232.51 473.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 282.88 473.65 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 323.47 473.65 Td (Go ) Tj ET Q q 0 0 0 rg BT 340.82 473.65 Td (usage, ) Tj ET Q q 0 0 0 rg BT 376.53 473.65 Td (which ) Tj ET Q q 0 0 0 rg BT 407.33 473.65 Td (was ) Tj ET Q q 0 0 0 rg BT 429.57 473.65 Td (23% ) Tj ET Q q 0 0 0 rg BT 454.27 473.65 Td (of ) Tj ET Q q 0 0 0 rg BT 466.13 473.65 Td (our ) Tj ET Q q 0 0 0 rg BT 484.70 473.65 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 535.71 473.65 Td (video ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 460.45 Td (customers ) Tj ET Q q 0 0 0 rg BT 102.63 460.45 Td (at ) Tj ET Q q 0 0 0 rg BT 114.20 460.45 Td (March ) Tj ET Q q 0 0 0 rg BT 147.16 460.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 164.85 460.45 Td (2016. ) Tj ET Q q 0 0 0 rg BT 194.62 460.45 Td (T) Tj ET Q q 0 0 0 rg BT 200.12 460.45 Td (o ) Tj ET Q q 0 0 0 rg BT 208.63 460.45 Td (further ) Tj ET Q q 0 0 0 rg BT 242.82 460.45 Td (enrich ) Tj ET Q q 0 0 0 rg BT 275.17 460.45 Td (the ) Tj ET Q q 0 0 0 rg BT 292.86 460.45 Td (experience ) Tj ET Q q 0 0 0 rg BT 349.07 460.45 Td (for ) Tj ET Q q 0 0 0 rg BT 364.31 460.45 Td (our ) Tj ET Q q 0 0 0 rg BT 382.60 460.45 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 422.74 460.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 439.20 460.45 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 500.89 460.45 Td (we ) Tj ET Q q 0 0 0 rg BT 517.35 460.45 Td (launched ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 447.25 Td (a ) Tj ET Q q 0 0 0 rg BT 57.67 447.25 Td (new ) Tj ET Q q 0 0 0 rg BT 79.90 447.25 Td (app ) Tj ET Q q 0 0 0 rg BT 100.30 447.25 Td (for ) Tj ET Q q 0 0 0 rg BT 115.19 447.25 Td (our ) Tj ET Q q 0 0 0 rg BT 133.14 447.25 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 162.70 447.25 Td (Sport ) Tj ET Q q 0 0 0 rg BT 191.04 447.25 Td (channel ) Tj ET Q q 0 0 0 rg BT 231.63 447.25 Td (and ) Tj ET Q q 0 0 0 rg BT 252.03 447.25 Td (partnered ) Tj ET Q q 0 0 0 rg BT 301.17 447.25 Td (with ) Tj ET Q q 0 0 0 rg BT 322.65 447.25 Td (T) Tj ET Q q 0 0 0 rg BT 328.76 447.25 Td (witter ) Tj ET Q q 0 0 0 rg BT 357.09 447.25 Td (to ) Tj ET Q q 0 0 0 rg BT 368.32 447.25 Td (integrate ) Tj ET Q q 0 0 0 rg BT 413.17 447.25 Td (their ) Tj ET Q q 0 0 0 rg BT 436.62 447.25 Td (social ) Tj ET Q q 0 0 0 rg BT 466.80 447.25 Td (media ) Tj ET Q q 0 0 0 rg BT 498.81 447.25 Td (app, ) Tj ET Q q 0 0 0 rg BT 522.27 447.25 Td (allowing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 434.05 Td (our ) Tj ET Q q 0 0 0 rg BT 68.45 434.05 Td (customers ) Tj ET Q q 0 0 0 rg BT 122.25 434.05 Td (to ) Tj ET Q q 0 0 0 rg BT 134.48 434.05 Td (access ) Tj ET Q q 0 0 0 rg BT 171.77 434.05 Td (additional ) Tj ET Q q 0 0 0 rg BT 221.92 434.05 Td (content. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 407.65 Td (On ) Tj ET Q q 0 0 0 rg BT 67.52 407.65 Td (the ) Tj ET Q q 0 0 0 rg BT 86.17 407.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 142.12 407.65 Td (front, ) Tj ET Q q 0 0 0 rg BT 170.54 407.65 Td (we ) Tj ET Q q 0 0 0 rg BT 187.95 407.65 Td (launched ) Tj ET Q q 0 0 0 rg BT 235.95 407.65 Td (a ) Tj ET Q q 0 0 0 rg BT 245.42 407.65 Td (February ) Tj ET Q q 0 0 0 rg BT 292.78 407.65 Td (sales ) Tj ET Q q 0 0 0 rg BT 321.81 407.65 Td (campaign ) Tj ET Q q 0 0 0 rg BT 372.86 407.65 Td (around ) Tj ET Q q 0 0 0 rg BT 410.46 407.65 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 442.54 407.65 Td (Formula ) Tj ET Q q 0 0 0 rg BT 486.24 407.65 Td (One ) Tj ET Q q 0 0 0 rg BT 510.38 407.65 Td (driver ) Tj ET Q q 0 0 0 rg BT 541.23 407.65 Td (Max ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 394.45 Td (V) Tj ET Q q 0 0 0 rg BT 56.23 394.45 Td (erstappen, ) Tj ET Q q 0 0 0 rg BT 110.85 394.45 Td (which ) Tj ET Q q 0 0 0 rg BT 141.61 394.45 Td (contributed ) Tj ET Q q 0 0 0 rg BT 198.67 394.45 Td (to ) Tj ET Q q 0 0 0 rg BT 210.48 394.45 Td (the ) Tj ET Q q 0 0 0 rg BT 228.41 394.45 Td (8,000 ) Tj ET Q q 0 0 0 rg BT 258.57 394.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 313.81 394.45 Td (internet ) Tj ET Q q 0 0 0 rg BT 353.14 394.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 380.22 394.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 426.89 394.45 Td (during ) Tj ET Q q 0 0 0 rg BT 460.10 394.45 Td (Q1. ) Tj ET Q q 0 0 0 rg BT 480.30 394.45 Td (T) Tj ET Q q 0 0 0 rg BT 485.80 394.45 Td (o ) Tj ET Q q 0 0 0 rg BT 494.55 394.45 Td (further ) Tj ET Q q 0 0 0 rg BT 528.98 394.45 Td (extend ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 381.25 Td (our ) Tj ET Q q 0 0 0 rg BT 68.23 381.25 Td (speed ) Tj ET Q q 0 0 0 rg BT 101.03 381.25 Td (leadership, ) Tj ET Q q 0 0 0 rg BT 157.68 381.25 Td (we ) Tj ET Q q 0 0 0 rg BT 174.57 381.25 Td (introduced ) Tj ET Q q 0 0 0 rg BT 228.77 381.25 Td (a ) Tj ET Q q 0 0 0 rg BT 237.72 381.25 Td (new ) Tj ET Q q 0 0 0 rg BT 260.73 381.25 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 285.55 381.25 Td ("Connect ) Tj ET Q q 0 0 0 rg BT 333.25 381.25 Td (Box" ) Tj ET Q q 0 0 0 rg BT 358.94 381.25 Td (modem ) Tj ET Q q 0 0 0 rg BT 398.45 381.25 Td (in ) Tj ET Q q 0 0 0 rg BT 409.85 381.25 Td (March, ) Tj ET Q q 0 0 0 rg BT 446.30 381.25 Td (which ) Tj ET Q q 0 0 0 rg BT 477.25 381.25 Td (provides ) Tj ET Q q 0 0 0 rg BT 521.66 381.25 Td (state-of-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 368.05 Td (the-art ) Tj ET Q q 0 0 0 rg BT 84.10 368.05 Td (WiFi- ) Tj ET Q q 0 0 0 rg BT 112.56 368.05 Td (technology ) Tj ET Q q 0 0 0 rg BT 168.57 368.05 Td (and ) Tj ET Q q 0 0 0 rg BT 189.73 368.05 Td (is ) Tj ET Q q 0 0 0 rg BT 200.48 368.05 Td (capable ) Tj ET Q q 0 0 0 rg BT 241.82 368.05 Td (of ) Tj ET Q q 0 0 0 rg BT 253.80 368.05 Td (delivering ) Tj ET Q q 0 0 0 rg BT 303.69 368.05 Td (our ) Tj ET Q q 0 0 0 rg BT 322.40 368.05 Td (new ) Tj ET Q q 0 0 0 rg BT 345.38 368.05 Td (top ) Tj ET Q q 0 0 0 rg BT 363.48 368.05 Td (speeds ) Tj ET Q q 0 0 0 rg BT 401.76 368.05 Td (throughout ) Tj ET Q q 0 0 0 rg BT 457.17 368.05 Td (the ) Tj ET Q q 0 0 0 rg BT 475.27 368.05 Td (home. ) Tj ET Q q 0 0 0 rg BT 508.65 368.05 Td (In ) Tj ET Q q 0 0 0 rg BT 520.07 368.05 Td (April, ) Tj ET Q q 0 0 0 rg BT 547.94 368.05 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 354.85 Td (increased ) Tj ET Q q 0 0 0 rg BT 100.12 354.85 Td (the ) Tj ET Q q 0 0 0 rg BT 118.33 354.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 173.86 354.85 Td (speeds ) Tj ET Q q 0 0 0 rg BT 212.26 354.85 Td (in ) Tj ET Q q 0 0 0 rg BT 223.74 354.85 Td (our ) Tj ET Q q 0 0 0 rg BT 242.56 354.85 Td (core ) Tj ET Q q 0 0 0 rg BT 266.88 354.85 Td (bundles ) Tj ET Q q 0 0 0 rg BT 308.34 354.85 Td (by ) Tj ET Q q 0 0 0 rg BT 322.88 354.85 Td (30 ) Tj ET Q q 0 0 0 rg BT 338.04 354.85 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 367.86 354.85 Td (and ) Tj ET Q q 0 0 0 rg BT 389.14 354.85 Td (50 ) Tj ET Q q 0 0 0 rg BT 404.30 354.85 Td (Mbps, ) Tj ET Q q 0 0 0 rg BT 437.17 354.85 Td (resulting ) Tj ET Q q 0 0 0 rg BT 481.67 354.85 Td (in ) Tj ET Q q 0 0 0 rg BT 493.16 354.85 Td (speeds ) Tj ET Q q 0 0 0 rg BT 531.55 354.85 Td (of ) Tj ET Q q 0 0 0 rg BT 543.65 354.85 Td (150 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 341.65 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 79.62 341.65 Td (and ) Tj ET Q q 0 0 0 rg BT 101.20 341.65 Td (180 ) Tj ET Q q 0 0 0 rg BT 122.77 341.65 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 152.90 341.65 Td (for ) Tj ET Q q 0 0 0 rg BT 168.96 341.65 Td (our ) Tj ET Q q 0 0 0 rg BT 188.08 341.65 Td (residential ) Tj ET Q q 0 0 0 rg BT 241.44 341.65 Td (and ) Tj ET Q q 0 0 0 rg BT 263.02 341.65 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 298.63 341.65 Td (customers, ) Tj ET Q q 0 0 0 rg BT 355.65 341.65 Td (respectively) Tj ET Q q 0 0 0 rg BT 412.91 341.65 Td (. ) Tj ET Q q 0 0 0 rg BT 418.55 341.65 Td (As ) Tj ET Q q 0 0 0 rg BT 434.61 341.65 Td (a ) Tj ET Q q 0 0 0 rg BT 443.95 341.65 Td (result, ) Tj ET Q q 0 0 0 rg BT 477.13 341.65 Td (our ) Tj ET Q q 0 0 0 rg BT 496.25 341.65 Td (core ) Tj ET Q q 0 0 0 rg BT 520.87 341.65 Td (speed ) Tj ET Q q 0 0 0 rg BT 554.06 341.65 Td (is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 328.45 Td (now ) Tj ET Q q 0 0 0 rg BT 71.85 328.45 Td (2.5 ) Tj ET Q q 0 0 0 rg BT 89.32 328.45 Td (times ) Tj ET Q q 0 0 0 rg BT 117.77 328.45 Td (faster ) Tj ET Q q 0 0 0 rg BT 147.45 328.45 Td (than ) Tj ET Q q 0 0 0 rg BT 171.04 328.45 Td (the ) Tj ET Q q 0 0 0 rg BT 188.50 328.45 Td (incumbent's ) Tj ET Q q 0 0 0 rg BT 249.02 328.45 Td (60 ) Tj ET Q q 0 0 0 rg BT 263.43 328.45 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 292.50 328.45 Td (standard ) Tj ET Q q 0 0 0 rg BT 337.48 328.45 Td (of) Tj ET Q q 0 0 0 rg BT 346.46 328.45 Td (fer) Tj ET Q q 0 0 0 rg BT 358.69 328.45 Td (. ) Tj ET Q q 0 0 0 rg BT 363.92 328.45 Td (Lastly) Tj ET Q q 0 0 0 rg BT 391.84 328.45 Td (, ) Tj ET Q q 0 0 0 rg BT 397.07 328.45 Td (in ) Tj ET Q q 0 0 0 rg BT 407.80 328.45 Td (February ) Tj ET Q q 0 0 0 rg BT 453.99 328.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 483.69 328.45 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 513.38 328.45 Td (was ) Tj ET Q q 0 0 0 rg BT 535.11 328.45 Td (voted ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 315.25 Td (the ) Tj ET Q q 0 0 0 rg BT 67.95 315.25 Td (best ) Tj ET Q q 0 0 0 rg BT 91.90 315.25 Td (internet ) Tj ET Q q 0 0 0 rg BT 131.75 315.25 Td (provider ) Tj ET Q q 0 0 0 rg BT 174.64 315.25 Td (in ) Tj ET Q q 0 0 0 rg BT 186.36 315.25 Td (the ) Tj ET Q q 0 0 0 rg BT 204.81 315.25 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 267.28 315.25 Td (by ) Tj ET Q q 0 0 0 rg BT 282.06 315.25 Td (the ) Tj ET Q q 0 0 0 rg BT 300.51 315.25 Td (independent ) Tj ET Q q 0 0 0 rg BT 364.23 315.25 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 396.12 315.25 Td (website ) Tj ET Q q 0 0 0 rg BT 436.37 315.25 Td (T) Tj ET Q q 0 0 0 rg BT 442.48 315.25 Td (weakers.net ) Tj ET Q q 0 0 0 rg BT 504.94 315.25 Td (for ) Tj ET Q q 0 0 0 rg BT 520.94 315.25 Td (the ) Tj ET Q q 0 0 0 rg BT 539.39 315.25 Td (sixth ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 302.05 Td (time.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 275.65 Td (T) Tj ET Q q 0 0 0 rg BT 55.81 275.65 Td (urning ) Tj ET Q q 0 0 0 rg BT 90.55 275.65 Td (to ) Tj ET Q q 0 0 0 rg BT 103.88 275.65 Td (our ) Tj ET Q q 0 0 0 rg BT 123.93 275.65 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 172.11 275.65 Td (telephony ) Tj ET Q q 0 0 0 rg BT 223.97 275.65 Td (business, ) Tj ET Q q 0 0 0 rg BT 274.60 275.65 Td (we ) Tj ET Q q 0 0 0 rg BT 292.82 275.65 Td (reduced ) Tj ET Q q 0 0 0 rg BT 336.73 275.65 Td (our ) Tj ET Q q 0 0 0 rg BT 356.79 275.65 Td (RGU ) Tj ET Q q 0 0 0 rg BT 385.39 275.65 Td (loss ) Tj ET Q q 0 0 0 rg BT 409.11 275.65 Td (during ) Tj ET Q q 0 0 0 rg BT 443.84 275.65 Td (the ) Tj ET Q q 0 0 0 rg BT 463.29 275.65 Td (quarter ) Tj ET Q q 0 0 0 rg BT 502.30 275.65 Td (to ) Tj ET Q q 0 0 0 rg BT 515.63 275.65 Td (3,000, ) Tj ET Q q 0 0 0 rg BT 550.37 275.65 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 262.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 101.08 262.45 Td (to ) Tj ET Q q 0 0 0 rg BT 112.93 262.45 Td (7,000 ) Tj ET Q q 0 0 0 rg BT 143.12 262.45 Td (in ) Tj ET Q q 0 0 0 rg BT 154.35 262.45 Td (the ) Tj ET Q q 0 0 0 rg BT 172.32 262.45 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 244.70 262.45 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 294.43 262.45 Td (period. ) Tj ET Q q 0 0 0 rg BT 330.74 262.45 Td (On ) Tj ET Q q 0 0 0 rg BT 348.08 262.45 Td (mobile, ) Tj ET Q q 0 0 0 rg BT 386.21 262.45 Td (we ) Tj ET Q q 0 0 0 rg BT 402.94 262.45 Td (added ) Tj ET Q q 0 0 0 rg BT 436.20 262.45 Td (10,000 ) Tj ET Q q 0 0 0 rg BT 472.51 262.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 531.42 262.45 Td (during ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 249.25 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 69.85 249.25 Td (bringing ) Tj ET Q q 0 0 0 rg BT 111.61 249.25 Td (our ) Tj ET Q q 0 0 0 rg BT 130.13 249.25 Td (total ) Tj ET Q q 0 0 0 rg BT 153.55 249.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 188.57 249.25 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 241.94 249.25 Td (count ) Tj ET Q q 0 0 0 rg BT 271.47 249.25 Td (to ) Tj ET Q q 0 0 0 rg BT 283.26 249.25 Td (197,000. ) Tj ET Q q 0 0 0 rg BT 328.18 249.25 Td (As ) Tj ET Q q 0 0 0 rg BT 343.64 249.25 Td (we ) Tj ET Q q 0 0 0 rg BT 360.33 249.25 Td (continue ) Tj ET Q q 0 0 0 rg BT 404.54 249.25 Td (pursuing ) Tj ET Q q 0 0 0 rg BT 449.35 249.25 Td (a ) Tj ET Q q 0 0 0 rg BT 458.09 249.25 Td (value-based ) Tj ET Q q 0 0 0 rg BT 520.65 249.25 Td (strategy) Tj ET Q q 0 0 0 rg BT 558.96 249.25 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 236.05 Td (we ) Tj ET Q q 0 0 0 rg BT 66.11 236.05 Td (added ) Tj ET Q q 0 0 0 rg BT 99.26 236.05 Td (another ) Tj ET Q q 0 0 0 rg BT 139.12 236.05 Td (200 ) Tj ET Q q 0 0 0 rg BT 160.02 236.05 Td (minutes ) Tj ET Q q 0 0 0 rg BT 201.09 236.05 Td (to ) Tj ET Q q 0 0 0 rg BT 212.82 236.05 Td (our ) Tj ET Q q 0 0 0 rg BT 231.27 236.05 Td (mid-tier ) Tj ET Q q 0 0 0 rg BT 270.49 236.05 Td (mobile ) Tj ET Q q 0 0 0 rg BT 305.45 236.05 Td (product ) Tj ET Q q 0 0 0 rg BT 344.69 236.05 Td (and ) Tj ET Q q 0 0 0 rg BT 365.60 236.05 Td (2GB ) Tj ET Q q 0 0 0 rg BT 390.16 236.05 Td (of ) Tj ET Q q 0 0 0 rg BT 401.89 236.05 Td (data ) Tj ET Q q 0 0 0 rg BT 425.85 236.05 Td (to ) Tj ET Q q 0 0 0 rg BT 437.58 236.05 Td (our ) Tj ET Q q 0 0 0 rg BT 456.03 236.05 Td (high-tier ) Tj ET Q q 0 0 0 rg BT 498.33 236.05 Td (family ) Tj ET Q q 0 0 0 rg BT 529.60 236.05 Td (mobile ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 222.85 Td (bundle. ) Tj ET Q q 0 0 0 rg BT 87.56 222.85 Td (By ) Tj ET Q q 0 0 0 rg BT 102.37 222.85 Td (combining ) Tj ET Q q 0 0 0 rg BT 154.49 222.85 Td (our ) Tj ET Q q 0 0 0 rg BT 172.36 222.85 Td (superior ) Tj ET Q q 0 0 0 rg BT 214.07 222.85 Td (fixed ) Tj ET Q q 0 0 0 rg BT 239.28 222.85 Td (network ) Tj ET Q q 0 0 0 rg BT 279.77 222.85 Td (and ) Tj ET Q q 0 0 0 rg BT 300.10 222.85 Td (high-speed ) Tj ET Q q 0 0 0 rg BT 356.51 222.85 Td (4G ) Tj ET Q q 0 0 0 rg BT 373.15 222.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 407.53 222.85 Td (service, ) Tj ET Q q 0 0 0 rg BT 447.40 222.85 Td (our ) Tj ET Q q 0 0 0 rg BT 465.28 222.85 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 511.27 222.85 Td (customers ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 209.65 Td (benefit ) Tj ET Q q 0 0 0 rg BT 86.51 209.65 Td (from ) Tj ET Q q 0 0 0 rg BT 112.49 209.65 Td (a ) Tj ET Q q 0 0 0 rg BT 122.58 209.65 Td (5 ) Tj ET Q q 0 0 0 rg BT 138.80 209.65 Td (discount ) Tj ET Q q 0 0 0 rg BT 183.75 209.65 Td (on ) Tj ET Q q 0 0 0 rg BT 199.97 209.65 Td (their ) Tj ET Q q 0 0 0 rg BT 225.34 209.65 Td (mobile ) Tj ET Q q 0 0 0 rg BT 261.73 209.65 Td (subscription, ) Tj ET Q q 0 0 0 rg BT 327.46 209.65 Td (which ) Tj ET Q q 0 0 0 rg BT 359.56 209.65 Td (helps ) Tj ET Q q 0 0 0 rg BT 389.84 209.65 Td (drive ) Tj ET Q q 0 0 0 rg BT 417.66 209.65 Td (the ) Tj ET Q q 0 0 0 rg BT 436.93 209.65 Td (take-up ) Tj ET Q q 0 0 0 rg BT 477.60 209.65 Td (of ) Tj ET Q q 0 0 0 rg BT 490.76 209.65 Td (our ) Tj ET Q q 0 0 0 rg BT 510.64 209.65 Td (converged ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 196.45 Td (bundles. ) Tj ET Q q 0 0 0 rg BT 93.54 196.45 Td (As ) Tj ET Q q 0 0 0 rg BT 109.43 196.45 Td (a ) Tj ET Q q 0 0 0 rg BT 118.60 196.45 Td (result, ) Tj ET Q q 0 0 0 rg BT 151.62 196.45 Td (the ) Tj ET Q q 0 0 0 rg BT 169.96 196.45 Td (vast ) Tj ET Q q 0 0 0 rg BT 193.19 196.45 Td (majority ) Tj ET Q q 0 0 0 rg BT 234.75 196.45 Td (of ) Tj ET Q q 0 0 0 rg BT 246.98 196.45 Td (our ) Tj ET Q q 0 0 0 rg BT 265.94 196.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 301.40 196.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 360.70 196.45 Td (are ) Tj ET Q q 0 0 0 rg BT 379.65 196.45 Td (also ) Tj ET Q q 0 0 0 rg BT 402.89 196.45 Td (triple-play ) Tj ET Q q 0 0 0 rg BT 453.63 196.45 Td (customers.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 170.05 Td (With ) Tj ET Q q 0 0 0 rg BT 74.45 170.05 Td (respect ) Tj ET Q q 0 0 0 rg BT 113.48 170.05 Td (to ) Tj ET Q q 0 0 0 rg BT 125.60 170.05 Td (B2B ) Tj ET Q q 0 0 0 rg BT 149.34 170.05 Td (\(including ) Tj ET Q q 0 0 0 rg BT 199.38 170.05 Td (SOHO\), ) Tj ET Q q 0 0 0 rg BT 241.44 170.05 Td (we ) Tj ET Q q 0 0 0 rg BT 258.46 170.05 Td (launched ) Tj ET Q q 0 0 0 rg BT 306.06 170.05 Td (a ) Tj ET Q q 0 0 0 rg BT 315.13 170.05 Td (new ) Tj ET Q q 0 0 0 rg BT 338.26 170.05 Td (three-month ) Tj ET Q q 0 0 0 rg BT 400.52 170.05 Td (free ) Tj ET Q q 0 0 0 rg BT 422.42 170.05 Td (trial ) Tj ET Q q 0 0 0 rg BT 443.10 170.05 Td (promotion ) Tj ET Q q 0 0 0 rg BT 494.97 170.05 Td (for ) Tj ET Q q 0 0 0 rg BT 510.75 170.05 Td (our ) Tj ET Q q 0 0 0 rg BT 529.60 170.05 Td (SOHO ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 156.85 Td (bundles ) Tj ET Q q 0 0 0 rg BT 90.57 156.85 Td (following ) Tj ET Q q 0 0 0 rg BT 135.91 156.85 Td (a ) Tj ET Q q 0 0 0 rg BT 144.57 156.85 Td (successful ) Tj ET Q q 0 0 0 rg BT 198.46 156.85 Td (promotion ) Tj ET Q q 0 0 0 rg BT 249.91 156.85 Td (launched ) Tj ET Q q 0 0 0 rg BT 297.10 156.85 Td (in ) Tj ET Q q 0 0 0 rg BT 308.20 156.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 325.41 156.85 Td (2015. ) Tj ET Q q 0 0 0 rg BT 355.48 156.85 Td (Both ) Tj ET Q q 0 0 0 rg BT 380.65 156.85 Td (campaigns ) Tj ET Q q 0 0 0 rg BT 436.38 156.85 Td (delivered ) Tj ET Q q 0 0 0 rg BT 483.56 156.85 Td (solid ) Tj ET Q q 0 0 0 rg BT 508.72 156.85 Td (results ) Tj ET Q q 0 0 0 rg BT 543.66 156.85 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 143.65 Td (contributed ) Tj ET Q q 0 0 0 rg BT 106.09 143.65 Td (to ) Tj ET Q q 0 0 0 rg BT 117.43 143.65 Td (the ) Tj ET Q q 0 0 0 rg BT 134.89 143.65 Td (expansion ) Tj ET Q q 0 0 0 rg BT 187.20 143.65 Td (of ) Tj ET Q q 0 0 0 rg BT 198.54 143.65 Td (our ) Tj ET Q q 0 0 0 rg BT 216.60 143.65 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 251.16 143.65 Td (business. ) Tj ET Q q 0 0 0 rg BT 299.80 143.65 Td (In ) Tj ET Q q 0 0 0 rg BT 311.14 143.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 327.97 143.65 Td (2016, ) Tj ET Q q 0 0 0 rg BT 357.67 143.65 Td (we ) Tj ET Q q 0 0 0 rg BT 373.89 143.65 Td (delivered ) Tj ET Q q 0 0 0 rg BT 420.70 143.65 Td (16% ) Tj ET Q q 0 0 0 rg BT 444.88 143.65 Td (more ) Tj ET Q q 0 0 0 rg BT 472.10 143.65 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 506.66 143.65 Td (RGU ) Tj ET Q q 0 0 0 rg BT 533.27 143.65 Td (sales, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 130.45 Td (as ) Tj ET Q q 0 0 0 rg BT 63.73 130.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 115.27 130.45 Td (to ) Tj ET Q q 0 0 0 rg BT 127.06 130.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 144.35 130.45 Td (2015. ) Tj ET Q q 0 0 0 rg BT 174.32 130.45 Td (This ) Tj ET Q q 0 0 0 rg BT 197.72 130.45 Td (sales ) Tj ET Q q 0 0 0 rg BT 226.02 130.45 Td (performance ) Tj ET Q q 0 0 0 rg BT 290.39 130.45 Td (was ) Tj ET Q q 0 0 0 rg BT 312.56 130.45 Td (also ) Tj ET Q q 0 0 0 rg BT 335.36 130.45 Td (supported ) Tj ET Q q 0 0 0 rg BT 386.90 130.45 Td (by ) Tj ET Q q 0 0 0 rg BT 401.14 130.45 Td (improved ) Tj ET Q q 0 0 0 rg BT 449.00 130.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 496.85 130.45 Td (service ) Tj ET Q q 0 0 0 rg BT 534.31 130.45 Td (at ) Tj ET Q q 0 0 0 rg BT 546.10 130.45 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 117.25 Td (dedicated ) Tj ET Q q 0 0 0 rg BT 100.58 117.25 Td (B2B ) Tj ET Q q 0 0 0 rg BT 124.74 117.25 Td (desk, ) Tj ET Q q 0 0 0 rg BT 154.40 117.25 Td (which ) Tj ET Q q 0 0 0 rg BT 185.89 117.25 Td (had ) Tj ET Q q 0 0 0 rg BT 207.61 117.25 Td (its ) Tj ET Q q 0 0 0 rg BT 221.98 117.25 Td (best ) Tj ET Q q 0 0 0 rg BT 246.14 117.25 Td (NPS ) Tj ET Q q 0 0 0 rg BT 272.13 117.25 Td (score ) Tj ET Q q 0 0 0 rg BT 302.40 117.25 Td (in ) Tj ET Q q 0 0 0 rg BT 314.33 117.25 Td (9 ) Tj ET Q q 0 0 0 rg BT 323.82 117.25 Td (months. ) Tj ET Q q 0 0 0 rg BT 366.32 117.25 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 433.26 117.25 Td (we ) Tj ET Q q 0 0 0 rg BT 450.69 117.25 Td (extended ) Tj ET Q q 0 0 0 rg BT 499.32 117.25 Td (our ) Tj ET Q q 0 0 0 rg BT 518.59 117.25 Td (business ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 104.05 Td (solutions ) Tj ET Q q 0 0 0 rg BT 97.54 104.05 Td (to ) Tj ET Q q 0 0 0 rg BT 111.33 104.05 Td (the ) Tj ET Q q 0 0 0 rg BT 131.24 104.05 Td (small ) Tj ET Q q 0 0 0 rg BT 161.53 104.05 Td (and ) Tj ET Q q 0 0 0 rg BT 184.50 104.05 Td (medium-sized ) Tj ET Q q 0 0 0 rg BT 257.59 104.05 Td (of) Tj ET Q q 0 0 0 rg BT 266.57 104.05 Td (fice ) Tj ET Q q 0 0 0 rg BT 288.30 104.05 Td (\("SME"\) ) Tj ET Q q 0 0 0 rg BT 331.90 104.05 Td (segment, ) Tj ET Q q 0 0 0 rg BT 381.76 104.05 Td (a ) Tj ET Q q 0 0 0 rg BT 392.50 104.05 Td (natural ) Tj ET Q q 0 0 0 rg BT 430.76 104.05 Td (complement ) Tj ET Q q 0 0 0 rg BT 495.29 104.05 Td (to ) Tj ET Q q 0 0 0 rg BT 509.09 104.05 Td (our ) Tj ET Q q 0 0 0 rg BT 529.60 104.05 Td (SOHO ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 90.85 Td (business. ) Tj ET Q q 0 0 0 rg BT 98.00 90.85 Td (For ) Tj ET Q q 0 0 0 rg BT 116.53 90.85 Td (our ) Tj ET Q q 0 0 0 rg BT 134.46 90.85 Td (latest ) Tj ET Q q 0 0 0 rg BT 162.78 90.85 Td (SME ) Tj ET Q q 0 0 0 rg BT 188.65 90.85 Td (campaign, ) Tj ET Q q 0 0 0 rg BT 241.43 90.85 Td (we ) Tj ET Q q 0 0 0 rg BT 257.53 90.85 Td (of) Tj ET Q q 0 0 0 rg BT 266.50 90.85 Td (fer ) Tj ET Q q 0 0 0 rg BT 281.37 90.85 Td (a ) Tj ET Q q 0 0 0 rg BT 289.52 90.85 Td (200 ) Tj ET Q q 0 0 0 rg BT 309.90 90.85 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 338.83 90.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 393.47 90.85 Td (and ) Tj ET Q q 0 0 0 rg BT 413.85 90.85 Td (voice ) Tj ET Q q 0 0 0 rg BT 441.56 90.85 Td (product ) Tj ET Q q 0 0 0 rg BT 480.28 90.85 Td (at ) Tj ET Q q 0 0 0 rg BT 491.48 90.85 Td (99 ) Tj ET Q q 0 0 0 rg BT 511.87 90.85 Td (\(excluding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 77.65 Td (V) Tj ET Q q 0 0 0 rg BT 56.02 77.65 Td (A) Tj ET Q q 0 0 0 rg BT 62.54 77.65 Td (T\) ) Tj ET Q q 0 0 0 rg BT 75.64 77.65 Td (and ) Tj ET Q q 0 0 0 rg BT 96.71 77.65 Td (a ) Tj ET Q q 0 0 0 rg BT 105.55 77.65 Td (500 ) Tj ET Q q 0 0 0 rg BT 126.62 77.65 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 156.24 77.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 211.56 77.65 Td (package ) Tj ET Q q 0 0 0 rg BT 255.87 77.65 Td (at ) Tj ET Q q 0 0 0 rg BT 267.76 77.65 Td (1) Tj ET Q q 0 0 0 rg BT 279.18 77.65 Td (19 ) Tj ET Q q 0 0 0 rg BT 294.14 77.65 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 346.99 77.65 Td (V) Tj ET Q q 0 0 0 rg BT 353.51 77.65 Td (A) Tj ET Q q 0 0 0 rg BT 360.03 77.65 Td (T\), ) Tj ET Q q 0 0 0 rg BT 376.19 77.65 Td (which ) Tj ET Q q 0 0 0 rg BT 407.03 77.65 Td (includes ) Tj ET Q q 0 0 0 rg BT 450.11 77.65 Td (five ) Tj ET Q q 0 0 0 rg BT 469.95 77.65 Td (static ) Tj ET Q q 0 0 0 rg BT 498.34 77.65 Td (IP) Tj ET Q q 0 0 0 rg BT 508.53 77.65 Td ( ) Tj ET Q q 0 0 0 rg BT 511.25 77.65 Td (addresses ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 64.45 Td (that ) Tj ET Q q 0 0 0 rg BT 71.47 64.45 Td (can ) Tj ET Q q 0 0 0 rg BT 92.83 64.45 Td (be ) Tj ET Q q 0 0 0 rg BT 108.69 64.45 Td (easily ) Tj ET Q q 0 0 0 rg BT 140.43 64.45 Td (extended ) Tj ET Q q 0 0 0 rg BT 189.32 64.45 Td (with ) Tj ET Q q 0 0 0 rg BT 212.50 64.45 Td (hosted ) Tj ET Q q 0 0 0 rg BT 249.15 64.45 Td (V) Tj ET Q q 0 0 0 rg BT 255.88 64.45 Td (oiP) Tj ET Q q 0 0 0 rg BT 271.58 64.45 Td ( ) Tj ET Q q 0 0 0 rg BT 275.21 64.45 Td (and ) Tj ET Q q 0 0 0 rg BT 297.18 64.45 Td (a ) Tj ET Q q 0 0 0 rg BT 306.92 64.45 Td (multi-point ) Tj ET Q q 0 0 0 rg BT 361.29 64.45 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 386.90 64.45 Td (solution. ) Tj ET Q q 0 0 0 rg BT 431.49 64.45 Td (Lastly) Tj ET Q q 0 0 0 rg BT 459.41 64.45 Td (, ) Tj ET Q q 0 0 0 rg BT 466.09 64.45 Td (we ) Tj ET Q q 0 0 0 rg BT 483.78 64.45 Td (secured ) Tj ET Q q 0 0 0 rg BT 526.53 64.45 Td (several ) Tj ET Q /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I49 Do Q endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 31.95 Td (20) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 741.00 Td (new ) Tj ET Q q 0 0 0 rg BT 73.16 741.00 Td (contract ) Tj ET Q q 0 0 0 rg BT 115.78 741.00 Td (wins ) Tj ET Q q 0 0 0 rg BT 141.27 741.00 Td (for ) Tj ET Q q 0 0 0 rg BT 157.59 741.00 Td (large ) Tj ET Q q 0 0 0 rg BT 185.53 741.00 Td (enterprises ) Tj ET Q q 0 0 0 rg BT 243.43 741.00 Td (in ) Tj ET Q q 0 0 0 rg BT 255.48 741.00 Td (the ) Tj ET Q q 0 0 0 rg BT 274.25 741.00 Td (hospitality ) Tj ET Q q 0 0 0 rg BT 326.65 741.00 Td (and ) Tj ET Q q 0 0 0 rg BT 348.49 741.00 Td (health ) Tj ET Q q 0 0 0 rg BT 381.94 741.00 Td (care ) Tj ET Q q 0 0 0 rg BT 406.83 741.00 Td (sector) Tj ET Q q 0 0 0 rg BT 436.17 741.00 Td (, ) Tj ET Q q 0 0 0 rg BT 442.71 741.00 Td (positioning ) Tj ET Q q 0 0 0 rg BT 498.79 741.00 Td (us ) Tj ET Q q 0 0 0 rg BT 513.90 741.00 Td (for ) Tj ET Q q 0 0 0 rg BT 530.22 741.00 Td (further ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 727.80 Td (growth ) Tj ET Q q 0 0 0 rg BT 85.57 727.80 Td (in ) Tj ET Q q 0 0 0 rg BT 97.19 727.80 Td (B2B ) Tj ET Q q 0 0 0 rg BT 121.04 727.80 Td (\(including ) Tj ET Q q 0 0 0 rg BT 171.18 727.80 Td (SOHO\). ) Tj ET Q q 0 0 0 rg BT 213.35 727.80 Td ( ) Tj ET Q q 0 0 0 rg BT 216.40 727.80 Td ( ) Tj ET Q q 0 0 0 rg BT 219.46 727.80 Td ( ) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 694.20 Td (Financial ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 109.42 694.20 Td (Summary) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 667.80 Td (On ) Tj ET Q q 0 0 0 rg BT 67.38 667.80 Td (a ) Tj ET Q q 0 0 0 rg BT 76.70 667.80 Td (rebased ) Tj ET Q q 0 0 0 rg BT 119.66 667.80 Td (basis, ) Tj ET Q q 0 0 0 rg BT 151.60 667.80 Td (our ) Tj ET Q q 0 0 0 rg BT 170.70 667.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 213.66 667.80 Td (decreased ) Tj ET Q q 0 0 0 rg BT 268.24 667.80 Td (3% ) Tj ET Q q 0 0 0 rg BT 287.34 667.80 Td (to ) Tj ET Q q 0 0 0 rg BT 299.72 667.80 Td (607 ) Tj ET Q q 0 0 0 rg BT 327.40 667.80 Td (million ) Tj ET Q q 0 0 0 rg BT 361.78 667.80 Td (in ) Tj ET Q q 0 0 0 rg BT 373.54 667.80 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 394.48 667.80 Td (as ) Tj ET Q q 0 0 0 rg BT 409.30 667.80 Td (compared ) Tj ET Q q 0 0 0 rg BT 461.42 667.80 Td (to ) Tj ET Q q 0 0 0 rg BT 473.80 667.80 Td (the ) Tj ET Q q 0 0 0 rg BT 492.30 667.80 Td (corresponding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 654.60 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 98.43 654.60 Td (period. ) Tj ET Q q 0 0 0 rg BT 133.80 654.60 Td (This ) Tj ET Q q 0 0 0 rg BT 156.44 654.60 Td (decrease ) Tj ET Q q 0 0 0 rg BT 203.56 654.60 Td (is ) Tj ET Q q 0 0 0 rg BT 213.36 654.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 256.78 654.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 313.06 654.60 Td (to ) Tj ET Q q 0 0 0 rg BT 324.10 654.60 Td (the ) Tj ET Q q 0 0 0 rg BT 341.25 654.60 Td (net ) Tj ET Q q 0 0 0 rg BT 358.40 654.60 Td (ef) Tj ET Q q 0 0 0 rg BT 367.38 654.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 386.97 654.60 Td (of ) Tj ET Q q 0 0 0 rg BT 398.00 654.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 409.63 654.60 Td (a ) Tj ET Q q 0 0 0 rg BT 417.61 654.60 Td (decrease ) Tj ET Q q 0 0 0 rg BT 464.72 654.60 Td (in ) Tj ET Q q 0 0 0 rg BT 475.15 654.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 503.30 654.60 Td (subscription ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 641.40 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 95.12 641.40 Td (driven ) Tj ET Q q 0 0 0 rg BT 127.89 641.40 Td (by ) Tj ET Q q 0 0 0 rg BT 142.32 641.40 Td (lower ) Tj ET Q q 0 0 0 rg BT 171.42 641.40 Td (average ) Tj ET Q q 0 0 0 rg BT 213.98 641.40 Td (numbers ) Tj ET Q q 0 0 0 rg BT 259.59 641.40 Td (of ) Tj ET Q q 0 0 0 rg BT 271.57 641.40 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 304.33 641.40 Td (and ) Tj ET Q q 0 0 0 rg BT 325.49 641.40 Td (lower ) Tj ET Q q 0 0 0 rg BT 354.03 641.40 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 387.41 641.40 Td (per ) Tj ET Q q 0 0 0 rg BT 406.12 641.40 Td (RGU, ) Tj ET Q q 0 0 0 rg BT 436.43 641.40 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 451.45 641.40 Td (the ) Tj ET Q q 0 0 0 rg BT 469.56 641.40 Td (favorable ) Tj ET Q q 0 0 0 rg BT 517.62 641.40 Td (impact ) Tj ET Q q 0 0 0 rg BT 552.83 641.40 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 628.20 Td (2.9 ) Tj ET Q q 0 0 0 rg BT 74.32 628.20 Td (million ) Tj ET Q q 0 0 0 rg BT 108.91 628.20 Td (of ) Tj ET Q q 0 0 0 rg BT 121.49 628.20 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 186.66 628.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 229.83 628.20 Td (recorded ) Tj ET Q q 0 0 0 rg BT 276.66 628.20 Td (during ) Tj ET Q q 0 0 0 rg BT 310.65 628.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 328.73 628.20 Td (following ) Tj ET Q q 0 0 0 rg BT 374.95 628.20 Td (the ) Tj ET Q q 0 0 0 rg BT 393.65 628.20 Td (settlement ) Tj ET Q q 0 0 0 rg BT 447.81 628.20 Td (of ) Tj ET Q q 0 0 0 rg BT 460.40 628.20 Td (prior ) Tj ET Q q 0 0 0 rg BT 485.81 628.20 Td (period ) Tj ET Q q 0 0 0 rg BT 519.80 628.20 Td (amounts ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 615.00 Td (and ) Tj ET Q q 0 0 0 rg BT 70.43 615.00 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 87.66 615.00 Td (an ) Tj ET Q q 0 0 0 rg BT 102.47 615.00 Td (increase ) Tj ET Q q 0 0 0 rg BT 146.63 615.00 Td (in ) Tj ET Q q 0 0 0 rg BT 157.76 615.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 192.74 615.00 Td (subscription ) Tj ET Q q 0 0 0 rg BT 254.01 615.00 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 299.40 615.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 343.53 615.00 Td (attributable ) Tj ET Q q 0 0 0 rg BT 400.53 615.00 Td (to ) Tj ET Q q 0 0 0 rg BT 412.28 615.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 447.87 615.00 Td (in ) Tj ET Q q 0 0 0 rg BT 459.01 615.00 Td (the ) Tj ET Q q 0 0 0 rg BT 476.88 615.00 Td (average ) Tj ET Q q 0 0 0 rg BT 519.20 615.00 Td (numbers ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 601.80 Td (of ) Tj ET Q q 0 0 0 rg BT 63.22 601.80 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 127.07 601.80 Td (Looking ) Tj ET Q q 0 0 0 rg BT 170.15 601.80 Td (ahead, ) Tj ET Q q 0 0 0 rg BT 208.34 601.80 Td (given ) Tj ET Q q 0 0 0 rg BT 239.19 601.80 Td (the ) Tj ET Q q 0 0 0 rg BT 259.03 601.80 Td (lack ) Tj ET Q q 0 0 0 rg BT 283.14 601.80 Td (of ) Tj ET Q q 0 0 0 rg BT 296.86 601.80 Td (recent ) Tj ET Q q 0 0 0 rg BT 331.98 601.80 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 387.27 601.80 Td (growth ) Tj ET Q q 0 0 0 rg BT 424.83 601.80 Td (and ) Tj ET Q q 0 0 0 rg BT 447.73 601.80 Td (the ) Tj ET Q q 0 0 0 rg BT 467.57 601.80 Td (current ) Tj ET Q q 0 0 0 rg BT 506.36 601.80 Td (competitive ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 588.60 Td (environment, ) Tj ET Q q 0 0 0 rg BT 116.14 588.60 Td (we ) Tj ET Q q 0 0 0 rg BT 133.26 588.60 Td (expect ) Tj ET Q q 0 0 0 rg BT 168.73 588.60 Td (continued ) Tj ET Q q 0 0 0 rg BT 219.49 588.60 Td (top-line ) Tj ET Q q 0 0 0 rg BT 258.62 588.60 Td (pressure ) Tj ET Q q 0 0 0 rg BT 304.48 588.60 Td (as ) Tj ET Q q 0 0 0 rg BT 319.15 588.60 Td (we ) Tj ET Q q 0 0 0 rg BT 336.27 588.60 Td (progress ) Tj ET Q q 0 0 0 rg BT 382.12 588.60 Td (through ) Tj ET Q q 0 0 0 rg BT 422.48 588.60 Td (2016.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 562.20 Td (Our ) Tj ET Q q 0 0 0 rg BT 69.61 562.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 115.42 562.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 140.41 562.20 Td ( ) Tj ET Q q 0 0 0 rg BT 142.19 562.20 Td (increased ) Tj ET Q q 0 0 0 rg BT 191.66 562.20 Td (3% ) Tj ET Q q 0 0 0 rg BT 209.33 562.20 Td (to ) Tj ET Q q 0 0 0 rg BT 220.28 562.20 Td (334 ) Tj ET Q q 0 0 0 rg BT 246.53 562.20 Td (million ) Tj ET Q q 0 0 0 rg BT 279.48 562.20 Td (on ) Tj ET Q q 0 0 0 rg BT 293.49 562.20 Td (a ) Tj ET Q q 0 0 0 rg BT 301.38 562.20 Td (rebased ) Tj ET Q q 0 0 0 rg BT 342.91 562.20 Td (basis ) Tj ET Q q 0 0 0 rg BT 370.37 562.20 Td (in ) Tj ET Q q 0 0 0 rg BT 380.70 562.20 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 400.21 562.20 Td (as ) Tj ET Q q 0 0 0 rg BT 413.60 562.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 464.29 562.20 Td (to ) Tj ET Q q 0 0 0 rg BT 475.24 562.20 Td (the ) Tj ET Q q 0 0 0 rg BT 492.31 562.20 Td (corresponding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 549.00 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 98.42 549.00 Td (period. ) Tj ET Q q 0 0 0 rg BT 133.79 549.00 Td (The ) Tj ET Q q 0 0 0 rg BT 154.60 549.00 Td (increase ) Tj ET Q q 0 0 0 rg BT 198.03 549.00 Td (in ) Tj ET Q q 0 0 0 rg BT 208.44 549.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 254.32 549.00 Td (OCF ) Tj ET Q q 0 0 0 rg BT 279.39 549.00 Td (was ) Tj ET Q q 0 0 0 rg BT 300.81 549.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 344.22 549.00 Td (driven ) Tj ET Q q 0 0 0 rg BT 376.03 549.00 Td (by ) Tj ET Q q 0 0 0 rg BT 389.50 549.00 Td (the ) Tj ET Q q 0 0 0 rg BT 406.65 549.00 Td (positive ) Tj ET Q q 0 0 0 rg BT 445.80 549.00 Td (impact ) Tj ET Q q 0 0 0 rg BT 480.05 549.00 Td (of ) Tj ET Q q 0 0 0 rg BT 491.08 549.00 Td (costs ) Tj ET Q q 0 0 0 rg BT 518.61 549.00 Td (recorded ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 535.80 Td (in ) Tj ET Q q 0 0 0 rg BT 61.39 535.80 Td (the ) Tj ET Q q 0 0 0 rg BT 80.01 535.80 Td (first ) Tj ET Q q 0 0 0 rg BT 101.06 535.80 Td (quarter ) Tj ET Q q 0 0 0 rg BT 139.24 535.80 Td (of ) Tj ET Q q 0 0 0 rg BT 151.74 535.80 Td (2015 ) Tj ET Q q 0 0 0 rg BT 179.54 535.80 Td (related ) Tj ET Q q 0 0 0 rg BT 216.51 535.80 Td (to ) Tj ET Q q 0 0 0 rg BT 229.01 535.80 Td (our ) Tj ET Q q 0 0 0 rg BT 248.24 535.80 Td (rebranding ) Tj ET Q q 0 0 0 rg BT 304.16 535.80 Td (and ) Tj ET Q q 0 0 0 rg BT 325.84 535.80 Td (network ) Tj ET Q q 0 0 0 rg BT 367.69 535.80 Td (and ) Tj ET Q q 0 0 0 rg BT 389.37 535.80 Td (product ) Tj ET Q q 0 0 0 rg BT 429.39 535.80 Td (harmonization ) Tj ET Q q 0 0 0 rg BT 501.81 535.80 Td (activities, ) Tj ET Q q 0 0 0 rg BT 550.38 535.80 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 522.60 Td (well ) Tj ET Q q 0 0 0 rg BT 73.85 522.60 Td (as ) Tj ET Q q 0 0 0 rg BT 90.87 522.60 Td (the ) Tj ET Q q 0 0 0 rg BT 111.57 522.60 Td (benefit ) Tj ET Q q 0 0 0 rg BT 150.00 522.60 Td (of ) Tj ET Q q 0 0 0 rg BT 164.58 522.60 Td (synergies ) Tj ET Q q 0 0 0 rg BT 217.06 522.60 Td (realized ) Tj ET Q q 0 0 0 rg BT 260.98 522.60 Td (during ) Tj ET Q q 0 0 0 rg BT 296.96 522.60 Td (Q1. ) Tj ET Q q 0 0 0 rg BT 319.74 522.60 Td (These ) Tj ET Q q 0 0 0 rg BT 355.72 522.60 Td (positive ) Tj ET Q q 0 0 0 rg BT 398.42 522.60 Td (ef) Tj ET Q q 0 0 0 rg BT 407.40 522.60 Td (fects ) Tj ET Q q 0 0 0 rg BT 436.03 522.60 Td (were ) Tj ET Q q 0 0 0 rg BT 465.27 522.60 Td (partly ) Tj ET Q q 0 0 0 rg BT 497.58 522.60 Td (of) Tj ET Q q 0 0 0 rg BT 506.55 522.60 Td (fset ) Tj ET Q q 0 0 0 rg BT 529.68 522.60 Td (by ) Tj ET Q q 0 0 0 rg BT 546.71 522.60 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 509.40 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 128.45 509.40 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 202.49 509.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 244.75 509.40 Td (decline ) Tj ET Q q 0 0 0 rg BT 282.12 509.40 Td (and ) Tj ET Q q 0 0 0 rg BT 302.98 509.40 Td (increased ) Tj ET Q q 0 0 0 rg BT 353.19 509.40 Td (programming ) Tj ET Q q 0 0 0 rg BT 420.51 509.40 Td (costs, ) Tj ET Q q 0 0 0 rg BT 451.75 509.40 Td (largely ) Tj ET Q q 0 0 0 rg BT 486.66 509.40 Td (related ) Tj ET Q q 0 0 0 rg BT 522.81 509.40 Td (to ) Tj ET Q q 0 0 0 rg BT 534.49 509.40 Td (Ziggo ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 496.20 Td (Sport. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 473.00 Td (Property ) Tj ET Q q 0 0 0 rg BT 93.84 473.00 Td (and ) Tj ET Q q 0 0 0 rg BT 114.97 473.00 Td (equipment ) Tj ET Q q 0 0 0 rg BT 169.11 473.00 Td (additions ) Tj ET Q q 0 0 0 rg BT 215.92 473.00 Td (as ) Tj ET Q q 0 0 0 rg BT 230.31 473.00 Td (a ) Tj ET Q q 0 0 0 rg BT 239.20 473.00 Td (percentage ) Tj ET Q q 0 0 0 rg BT 297.01 473.00 Td (of ) Tj ET Q q 0 0 0 rg BT 308.96 473.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 351.48 473.00 Td (for ) Tj ET Q q 0 0 0 rg BT 367.09 473.00 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 384.54 473.00 Td (2016 ) Tj ET Q q 0 0 0 rg BT 411.78 473.00 Td (was ) Tj ET Q q 0 0 0 rg BT 434.12 473.00 Td (21%, ) Tj ET Q q 0 0 0 rg BT 461.96 473.00 Td (as ) Tj ET Q q 0 0 0 rg BT 476.35 473.00 Td (compared ) Tj ET Q q 0 0 0 rg BT 528.04 473.00 Td (to ) Tj ET Q q 0 0 0 rg BT 539.98 473.00 Td (17% ) Tj ET Q q 0 0 0 rg BT 565.06 473.00 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 459.80 Td (in ) Tj ET Q q 0 0 0 rg BT 59.87 459.80 Td (the ) Tj ET Q q 0 0 0 rg BT 76.97 459.80 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 125.84 459.80 Td (period. ) Tj ET Q q 0 0 0 rg BT 161.16 459.80 Td (The ) Tj ET Q q 0 0 0 rg BT 181.93 459.80 Td (increase ) Tj ET Q q 0 0 0 rg BT 225.31 459.80 Td (in ) Tj ET Q q 0 0 0 rg BT 235.68 459.80 Td (property ) Tj ET Q q 0 0 0 rg BT 277.84 459.80 Td (and ) Tj ET Q q 0 0 0 rg BT 298.00 459.80 Td (equipment ) Tj ET Q q 0 0 0 rg BT 351.18 459.80 Td (additions, ) Tj ET Q q 0 0 0 rg BT 400.07 459.80 Td (as ) Tj ET Q q 0 0 0 rg BT 413.50 459.80 Td (compared ) Tj ET Q q 0 0 0 rg BT 464.22 459.80 Td (to ) Tj ET Q q 0 0 0 rg BT 475.20 459.80 Td (the ) Tj ET Q q 0 0 0 rg BT 492.30 459.80 Td (corresponding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 446.60 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 98.91 446.60 Td (period, ) Tj ET Q q 0 0 0 rg BT 134.88 446.60 Td (was ) Tj ET Q q 0 0 0 rg BT 156.78 446.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 200.68 446.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 257.44 446.60 Td (to ) Tj ET Q q 0 0 0 rg BT 268.96 446.60 Td (a ) Tj ET Q q 0 0 0 rg BT 277.41 446.60 Td (28 ) Tj ET Q q 0 0 0 rg BT 298.11 446.60 Td (million ) Tj ET Q q 0 0 0 rg BT 331.62 446.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 375.54 446.60 Td (in ) Tj ET Q q 0 0 0 rg BT 386.44 446.60 Td (CPE ) Tj ET Q q 0 0 0 rg BT 411.40 446.60 Td (additions, ) Tj ET Q q 0 0 0 rg BT 460.83 446.60 Td (due ) Tj ET Q q 0 0 0 rg BT 481.52 446.60 Td (to ) Tj ET Q q 0 0 0 rg BT 493.03 446.60 Td (the ) Tj ET Q q 0 0 0 rg BT 510.66 446.60 Td (successful ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 433.40 Td (launch ) Tj ET Q q 0 0 0 rg BT 85.41 433.40 Td (and ) Tj ET Q q 0 0 0 rg BT 107.26 433.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 143.77 433.40 Td (of ) Tj ET Q q 0 0 0 rg BT 156.44 433.40 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 197.61 433.40 Td (TV ) Tj ET Q q 0 0 0 rg BT 215.16 433.40 Td (in ) Tj ET Q q 0 0 0 rg BT 227.22 433.40 Td (the ) Tj ET Q q 0 0 0 rg BT 246.00 433.40 Td (former ) Tj ET Q q 0 0 0 rg BT 281.28 433.40 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 312.29 433.40 Td (footprint ) Tj ET Q q 0 0 0 rg BT 355.53 433.40 Td (and ) Tj ET Q q 0 0 0 rg BT 377.38 433.40 Td (launch ) Tj ET Q q 0 0 0 rg BT 413.29 433.40 Td (of ) Tj ET Q q 0 0 0 rg BT 425.96 433.40 Td (our ) Tj ET Q q 0 0 0 rg BT 445.35 433.40 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 486.75 433.40 Td (IP) Tj ET Q q 0 0 0 rg BT 496.95 433.40 Td ( ) Tj ET Q q 0 0 0 rg BT 500.44 433.40 Td (client ) Tj ET Q q 0 0 0 rg BT 529.62 433.40 Td (across ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 420.20 Td (the ) Tj ET Q q 0 0 0 rg BT 66.61 420.20 Td (entire ) Tj ET Q q 0 0 0 rg BT 95.95 420.20 Td (footprint. ) Tj ET Q q 0 0 0 rg BT 140.46 420.20 Td (These ) Tj ET Q q 0 0 0 rg BT 172.85 420.20 Td (increases ) Tj ET Q q 0 0 0 rg BT 221.75 420.20 Td (were ) Tj ET Q q 0 0 0 rg BT 247.42 420.20 Td (partly ) Tj ET Q q 0 0 0 rg BT 276.14 420.20 Td (of) Tj ET Q q 0 0 0 rg BT 285.11 420.20 Td (fset ) Tj ET Q q 0 0 0 rg BT 304.67 420.20 Td (by ) Tj ET Q q 0 0 0 rg BT 318.10 420.20 Td (decreases ) Tj ET Q q 0 0 0 rg BT 370.68 420.20 Td (in ) Tj ET Q q 0 0 0 rg BT 381.06 420.20 Td (non-CPE ) Tj ET Q q 0 0 0 rg BT 427.52 420.20 Td (spend ) Tj ET Q q 0 0 0 rg BT 459.31 420.20 Td (related ) Tj ET Q q 0 0 0 rg BT 494.77 420.20 Td (to ) Tj ET Q q 0 0 0 rg BT 505.76 420.20 Td (our ) Tj ET Q q 0 0 0 rg BT 523.48 420.20 Td (network ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 407.00 Td (harmonization ) Tj ET Q q 0 0 0 rg BT 121.65 407.00 Td (ef) Tj ET Q q 0 0 0 rg BT 130.63 407.00 Td (forts ) Tj ET Q q 0 0 0 rg BT 155.07 407.00 Td (in ) Tj ET Q q 0 0 0 rg BT 166.69 407.00 Td (the ) Tj ET Q q 0 0 0 rg BT 185.04 407.00 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 235.16 407.00 Td (period. ) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 380.20 Td (Strategic ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 108.64 380.20 Td (combination ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 188.02 380.20 Td (of ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 203.58 380.20 Td (Ziggo ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 242.49 380.20 Td (and ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 269.74 380.20 Td (V) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 278.31 380.20 Td (odafone ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 332.80 380.20 Td (Netherlands) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 353.80 Td (As ) Tj ET Q q 0 0 0 rg BT 65.53 353.80 Td (previously ) Tj ET Q q 0 0 0 rg BT 118.25 353.80 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 167.30 353.80 Td (on ) Tj ET Q q 0 0 0 rg BT 182.73 353.80 Td (February ) Tj ET Q q 0 0 0 rg BT 229.94 353.80 Td (15, ) Tj ET Q q 0 0 0 rg BT 248.42 353.80 Td (2016, ) Tj ET Q q 0 0 0 rg BT 279.14 353.80 Td (certain ) Tj ET Q q 0 0 0 rg BT 315.35 353.80 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 376.63 353.80 Td (of ) Tj ET Q q 0 0 0 rg BT 388.99 353.80 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 425.20 353.80 Td (Global ) Tj ET Q q 0 0 0 rg BT 460.19 353.80 Td (and ) Tj ET Q q 0 0 0 rg BT 481.74 353.80 Td (V) Tj ET Q q 0 0 0 rg BT 488.47 353.80 Td (odafone ) Tj ET Q q 0 0 0 rg BT 531.42 353.80 Td (Group ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 340.60 Td (Plc ) Tj ET Q q 0 0 0 rg BT 68.13 340.60 Td (announced ) Tj ET Q q 0 0 0 rg BT 125.92 340.60 Td (that ) Tj ET Q q 0 0 0 rg BT 147.62 340.60 Td (they ) Tj ET Q q 0 0 0 rg BT 171.76 340.60 Td (have ) Tj ET Q q 0 0 0 rg BT 198.96 340.60 Td (agreed ) Tj ET Q q 0 0 0 rg BT 236.56 340.60 Td (to ) Tj ET Q q 0 0 0 rg BT 249.08 340.60 Td (form ) Tj ET Q q 0 0 0 rg BT 274.43 340.60 Td (a ) Tj ET Q q 0 0 0 rg BT 283.90 340.60 Td (50:50 ) Tj ET Q q 0 0 0 rg BT 314.77 340.60 Td (joint ) Tj ET Q q 0 0 0 rg BT 338.30 340.60 Td (venture, ) Tj ET Q q 0 0 0 rg BT 381.39 340.60 Td (which ) Tj ET Q q 0 0 0 rg BT 412.86 340.60 Td (will ) Tj ET Q q 0 0 0 rg BT 431.49 340.60 Td (combine ) Tj ET Q q 0 0 0 rg BT 476.42 340.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 507.28 340.60 Td (and ) Tj ET Q q 0 0 0 rg BT 528.98 340.60 Td (Liberty ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 327.40 Td (Global's ) Tj ET Q q 0 0 0 rg BT 92.14 327.40 Td (Sport1 ) Tj ET Q q 0 0 0 rg BT 127.80 327.40 Td (premium ) Tj ET Q q 0 0 0 rg BT 173.83 327.40 Td (sports ) Tj ET Q q 0 0 0 rg BT 207.04 327.40 Td (channel, ) Tj ET Q q 0 0 0 rg BT 251.87 327.40 Td (with ) Tj ET Q q 0 0 0 rg BT 274.68 327.40 Td (V) Tj ET Q q 0 0 0 rg BT 281.41 327.40 Td (odafone) Tj ET Q q 0 0 0 rg BT 323.42 327.40 Td (s ) Tj ET Q q 0 0 0 rg BT 332.16 327.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 367.81 327.40 Td (businesses ) Tj ET Q q 0 0 0 rg BT 426.09 327.40 Td (in ) Tj ET Q q 0 0 0 rg BT 437.90 327.40 Td (the ) Tj ET Q q 0 0 0 rg BT 456.44 327.40 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 519.00 327.40 Td (to ) Tj ET Q q 0 0 0 rg BT 531.42 327.40 Td (create ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 314.20 Td (a ) Tj ET Q q 0 0 0 rg BT 58.23 314.20 Td (national ) Tj ET Q q 0 0 0 rg BT 99.37 314.20 Td (unified ) Tj ET Q q 0 0 0 rg BT 134.39 314.20 Td (communications ) Tj ET Q q 0 0 0 rg BT 216.47 314.20 Td (provider ) Tj ET Q q 0 0 0 rg BT 258.82 314.20 Td (in ) Tj ET Q q 0 0 0 rg BT 269.99 314.20 Td (the ) Tj ET Q q 0 0 0 rg BT 287.89 314.20 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 349.81 314.20 Td (with ) Tj ET Q q 0 0 0 rg BT 371.98 314.20 Td (complementary ) Tj ET Q q 0 0 0 rg BT 449.79 314.20 Td (strengths ) Tj ET Q q 0 0 0 rg BT 497.64 314.20 Td (across ) Tj ET Q q 0 0 0 rg BT 532.65 314.20 Td (video, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 301.00 Td (broadband, ) Tj ET Q q 0 0 0 rg BT 108.22 301.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 143.68 301.00 Td (and ) Tj ET Q q 0 0 0 rg BT 165.09 301.00 Td (B2B ) Tj ET Q q 0 0 0 rg BT 188.93 301.00 Td (services. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 274.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 79.37 274.60 Td (will ) Tj ET Q q 0 0 0 rg BT 96.99 274.60 Td (be ) Tj ET Q q 0 0 0 rg BT 111.58 274.60 Td (contributed ) Tj ET Q q 0 0 0 rg BT 168.35 274.60 Td (to ) Tj ET Q q 0 0 0 rg BT 179.88 274.60 Td (the ) Tj ET Q q 0 0 0 rg BT 197.52 274.60 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 228.60 274.60 Td (JV ) Tj ET Q q 0 0 0 rg BT 243.79 274.60 Td (together ) Tj ET Q q 0 0 0 rg BT 286.50 274.60 Td (with ) Tj ET Q q 0 0 0 rg BT 308.42 274.60 Td (its ) Tj ET Q q 0 0 0 rg BT 321.77 274.60 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 381.00 274.60 Td (third-party ) Tj ET Q q 0 0 0 rg BT 432.86 274.60 Td (debt, ) Tj ET Q q 0 0 0 rg BT 459.68 274.60 Td (while ) Tj ET Q q 0 0 0 rg BT 487.09 274.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 522.46 274.60 Td (Global) Tj ET Q q 0 0 0 rg BT 556.50 274.60 Td (s ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 261.40 Td (Sport1 ) Tj ET Q q 0 0 0 rg BT 84.18 261.40 Td (premium ) Tj ET Q q 0 0 0 rg BT 129.23 261.40 Td (channel ) Tj ET Q q 0 0 0 rg BT 170.04 261.40 Td (and ) Tj ET Q q 0 0 0 rg BT 190.66 261.40 Td (V) Tj ET Q q 0 0 0 rg BT 197.39 261.40 Td (odafone) Tj ET Q q 0 0 0 rg BT 239.40 261.40 Td (s ) Tj ET Q q 0 0 0 rg BT 247.17 261.40 Td (business ) Tj ET Q q 0 0 0 rg BT 292.85 261.40 Td (in ) Tj ET Q q 0 0 0 rg BT 303.68 261.40 Td (the ) Tj ET Q q 0 0 0 rg BT 321.24 261.40 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 382.82 261.40 Td (will ) Tj ET Q q 0 0 0 rg BT 400.37 261.40 Td (be ) Tj ET Q q 0 0 0 rg BT 414.87 261.40 Td (contributed ) Tj ET Q q 0 0 0 rg BT 471.57 261.40 Td (on ) Tj ET Q q 0 0 0 rg BT 486.07 261.40 Td (a ) Tj ET Q q 0 0 0 rg BT 494.46 261.40 Td (debt ) Tj ET Q q 0 0 0 rg BT 518.14 261.40 Td (and ) Tj ET Q q 0 0 0 rg BT 538.76 261.40 Td (cash ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 248.20 Td (free ) Tj ET Q q 0 0 0 rg BT 71.51 248.20 Td (basis. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 225.00 Td (The ) Tj ET Q q 0 0 0 rg BT 70.88 225.00 Td (parties ) Tj ET Q q 0 0 0 rg BT 106.33 225.00 Td (expect ) Tj ET Q q 0 0 0 rg BT 141.16 225.00 Td (to ) Tj ET Q q 0 0 0 rg BT 152.76 225.00 Td (raise ) Tj ET Q q 0 0 0 rg BT 179.03 225.00 Td (additional ) Tj ET Q q 0 0 0 rg BT 228.56 225.00 Td (debt ) Tj ET Q q 0 0 0 rg BT 252.39 225.00 Td (financing ) Tj ET Q q 0 0 0 rg BT 298.85 225.00 Td (at ) Tj ET Q q 0 0 0 rg BT 310.45 225.00 Td (the ) Tj ET Q q 0 0 0 rg BT 328.17 225.00 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 359.34 225.00 Td (JV ) Tj ET Q q 0 0 0 rg BT 374.60 225.00 Td (to ) Tj ET Q q 0 0 0 rg BT 386.20 225.00 Td (increase ) Tj ET Q q 0 0 0 rg BT 430.21 225.00 Td (the ) Tj ET Q q 0 0 0 rg BT 447.93 225.00 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 479.09 225.00 Td (JV) Tj ET Q q 0 0 0 rg BT 494.17 225.00 Td (s ) Tj ET Q q 0 0 0 rg BT 502.10 225.00 Td (net ) Tj ET Q q 0 0 0 rg BT 519.82 225.00 Td (leverage ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 211.80 Td (ratio ) Tj ET Q q 0 0 0 rg BT 74.73 211.80 Td (to ) Tj ET Q q 0 0 0 rg BT 87.73 211.80 Td (a ) Tj ET Q q 0 0 0 rg BT 97.68 211.80 Td (level ) Tj ET Q q 0 0 0 rg BT 124.13 211.80 Td (that ) Tj ET Q q 0 0 0 rg BT 146.31 211.80 Td (ranges ) Tj ET Q q 0 0 0 rg BT 183.77 211.80 Td (between ) Tj ET Q q 0 0 0 rg BT 229.19 211.80 Td (4.5 ) Tj ET Q q 0 0 0 rg BT 248.31 211.80 Td (and ) Tj ET Q q 0 0 0 rg BT 270.49 211.80 Td (5 ) Tj ET Q q 0 0 0 rg BT 280.44 211.80 Td (times ) Tj ET Q q 0 0 0 rg BT 310.55 211.80 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 349.67 211.80 Td ( ) Tj ET Q q 0 0 0 rg BT 353.50 211.80 Td (\(as ) Tj ET Q q 0 0 0 rg BT 372.61 211.80 Td (calculated ) Tj ET Q q 0 0 0 rg BT 425.97 211.80 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 472.61 211.80 Td (to ) Tj ET Q q 0 0 0 rg BT 485.61 211.80 Td (Ziggo) Tj ET Q q 0 0 0 rg BT 515.37 211.80 Td (s ) Tj ET Q q 0 0 0 rg BT 524.70 211.80 Td (existing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 198.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 96.38 198.60 Td (arrangements\) ) Tj ET Q q 0 0 0 rg BT 170.76 198.60 Td (and ) Tj ET Q q 0 0 0 rg BT 191.95 198.60 Td (to ) Tj ET Q q 0 0 0 rg BT 203.97 198.60 Td (make ) Tj ET Q q 0 0 0 rg BT 233.72 198.60 Td (a ) Tj ET Q q 0 0 0 rg BT 242.68 198.60 Td (pro ) Tj ET Q q 0 0 0 rg BT 261.43 198.60 Td (rata ) Tj ET Q q 0 0 0 rg BT 283.23 198.60 Td (distribution ) Tj ET Q q 0 0 0 rg BT 339.27 198.60 Td (of ) Tj ET Q q 0 0 0 rg BT 351.29 198.60 Td (the ) Tj ET Q q 0 0 0 rg BT 369.42 198.60 Td (net ) Tj ET Q q 0 0 0 rg BT 387.56 198.60 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 435.66 198.60 Td (from ) Tj ET Q q 0 0 0 rg BT 460.50 198.60 Td (the ) Tj ET Q q 0 0 0 rg BT 478.64 198.60 Td (additional ) Tj ET Q q 0 0 0 rg BT 528.58 198.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 552.84 198.60 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 185.40 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 87.30 185.40 Td (Global ) Tj ET Q q 0 0 0 rg BT 123.89 185.40 Td (and ) Tj ET Q q 0 0 0 rg BT 147.03 185.40 Td (V) Tj ET Q q 0 0 0 rg BT 153.76 185.40 Td (odafone.) Tj ET Q q 0 0 0 rg BT 199.44 185.40 Td (The ) Tj ET Q q 0 0 0 rg BT 223.18 185.40 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 256.70 185.40 Td (JV ) Tj ET Q q 0 0 0 rg BT 274.33 185.40 Td (will ) Tj ET Q q 0 0 0 rg BT 294.39 185.40 Td (be ) Tj ET Q q 0 0 0 rg BT 311.41 185.40 Td (required ) Tj ET Q q 0 0 0 rg BT 356.56 185.40 Td (to ) Tj ET Q q 0 0 0 rg BT 370.52 185.40 Td (make ) Tj ET Q q 0 0 0 rg BT 402.21 185.40 Td (regular ) Tj ET Q q 0 0 0 rg BT 441.24 185.40 Td (cash ) Tj ET Q q 0 0 0 rg BT 469.26 185.40 Td (distributions ) Tj ET Q q 0 0 0 rg BT 532.74 185.40 Td (to ) Tj ET Q q 0 0 0 rg BT 546.71 185.40 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 172.20 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 116.09 172.20 Td (on ) Tj ET Q q 0 0 0 rg BT 131.33 172.20 Td (a ) Tj ET Q q 0 0 0 rg BT 140.44 172.20 Td (pro ) Tj ET Q q 0 0 0 rg BT 159.34 172.20 Td (rata ) Tj ET Q q 0 0 0 rg BT 181.29 172.20 Td (basis ) Tj ET Q q 0 0 0 rg BT 209.97 172.20 Td (equal ) Tj ET Q q 0 0 0 rg BT 239.88 172.20 Td (to ) Tj ET Q q 0 0 0 rg BT 252.05 172.20 Td (the ) Tj ET Q q 0 0 0 rg BT 270.34 172.20 Td (unrestricted ) Tj ET Q q 0 0 0 rg BT 330.81 172.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 357.04 172.20 Td (held ) Tj ET Q q 0 0 0 rg BT 380.84 172.20 Td (by ) Tj ET Q q 0 0 0 rg BT 395.45 172.20 Td (the ) Tj ET Q q 0 0 0 rg BT 413.74 172.20 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 445.48 172.20 Td (JV ) Tj ET Q q 0 0 0 rg BT 461.31 172.20 Td (\(subject ) Tj ET Q q 0 0 0 rg BT 502.83 172.20 Td (to ) Tj ET Q q 0 0 0 rg BT 515.00 172.20 Td (the ) Tj ET Q q 0 0 0 rg BT 533.29 172.20 Td (Dutch ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 159.00 Td (JV ) Tj ET Q q 0 0 0 rg BT 64.98 159.00 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 123.88 159.00 Td (a ) Tj ET Q q 0 0 0 rg BT 132.63 159.00 Td (minimum ) Tj ET Q q 0 0 0 rg BT 179.89 159.00 Td (amount ) Tj ET Q q 0 0 0 rg BT 219.22 159.00 Td (of ) Tj ET Q q 0 0 0 rg BT 231.03 159.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 256.91 159.00 Td (and ) Tj ET Q q 0 0 0 rg BT 277.90 159.00 Td (complying ) Tj ET Q q 0 0 0 rg BT 330.07 159.00 Td (with ) Tj ET Q q 0 0 0 rg BT 352.27 159.00 Td (the ) Tj ET Q q 0 0 0 rg BT 370.20 159.00 Td (terms ) Tj ET Q q 0 0 0 rg BT 400.34 159.00 Td (of ) Tj ET Q q 0 0 0 rg BT 412.16 159.00 Td (its ) Tj ET Q q 0 0 0 rg BT 425.80 159.00 Td (financing ) Tj ET Q q 0 0 0 rg BT 472.47 159.00 Td (arrangements\). ) Tj ET Q q 0 0 0 rg BT 549.18 159.00 Td (As ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 145.80 Td (an ) Tj ET Q q 0 0 0 rg BT 65.89 145.80 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 109.20 145.80 Td (operation, ) Tj ET Q q 0 0 0 rg BT 162.28 145.80 Td (it ) Tj ET Q q 0 0 0 rg BT 171.93 145.80 Td (is ) Tj ET Q q 0 0 0 rg BT 184.03 145.80 Td (intended ) Tj ET Q q 0 0 0 rg BT 230.40 145.80 Td (that ) Tj ET Q q 0 0 0 rg BT 252.90 145.80 Td (the ) Tj ET Q q 0 0 0 rg BT 272.35 145.80 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 305.24 145.80 Td (JV ) Tj ET Q q 0 0 0 rg BT 322.23 145.80 Td (will ) Tj ET Q q 0 0 0 rg BT 341.66 145.80 Td (be ) Tj ET Q q 0 0 0 rg BT 358.05 145.80 Td (funded ) Tj ET Q q 0 0 0 rg BT 395.85 145.80 Td (solely ) Tj ET Q q 0 0 0 rg BT 428.13 145.80 Td (from ) Tj ET Q q 0 0 0 rg BT 454.29 145.80 Td (its ) Tj ET Q q 0 0 0 rg BT 469.44 145.80 Td (net ) Tj ET Q q 0 0 0 rg BT 488.89 145.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 516.28 145.80 Td (flow ) Tj ET Q q 0 0 0 rg BT 540.00 145.80 Td (from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 132.60 Td (operations ) Tj ET Q q 0 0 0 rg BT 103.83 132.60 Td (and ) Tj ET Q q 0 0 0 rg BT 125.15 132.60 Td (third-party ) Tj ET Q q 0 0 0 rg BT 177.63 132.60 Td (financing. ) Tj ET Q q 0 0 0 rg BT 230.55 132.60 Td (This ) Tj ET Q q 0 0 0 rg BT 254.29 132.60 Td (transaction ) Tj ET Q q 0 0 0 rg BT 311.06 132.60 Td (will ) Tj ET Q q 0 0 0 rg BT 329.30 132.60 Td (not ) Tj ET Q q 0 0 0 rg BT 347.56 132.60 Td (trigger ) Tj ET Q q 0 0 0 rg BT 381.70 132.60 Td (any ) Tj ET Q q 0 0 0 rg BT 402.40 132.60 Td (of ) Tj ET Q q 0 0 0 rg BT 414.54 132.60 Td (Ziggo) Tj ET Q q 0 0 0 rg BT 444.30 132.60 Td (s ) Tj ET Q q 0 0 0 rg BT 452.76 132.60 Td (requirements ) Tj ET Q q 0 0 0 rg BT 519.92 132.60 Td (under ) Tj ET Q q 0 0 0 rg BT 551.02 132.60 Td (its ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 119.40 Td (debt ) Tj ET Q q 0 0 0 rg BT 73.97 119.40 Td (agreements ) Tj ET Q q 0 0 0 rg BT 135.11 119.40 Td (to ) Tj ET Q q 0 0 0 rg BT 147.34 119.40 Td (redeem ) Tj ET Q q 0 0 0 rg BT 187.69 119.40 Td (its ) Tj ET Q q 0 0 0 rg BT 201.75 119.40 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 261.69 119.40 Td (debt ) Tj ET Q q 0 0 0 rg BT 286.15 119.40 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 332.01 119.40 Td (to ) Tj ET Q q 0 0 0 rg BT 344.24 119.40 Td (applicable ) Tj ET Q q 0 0 0 rg BT 396.84 119.40 Td (change ) Tj ET Q q 0 0 0 rg BT 435.98 119.40 Td (in ) Tj ET Q q 0 0 0 rg BT 447.60 119.40 Td (control ) Tj ET Q q 0 0 0 rg BT 483.67 119.40 Td (provisions.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 96.20 Td (The ) Tj ET Q q 0 0 0 rg BT 72.08 96.20 Td (consummation ) Tj ET Q q 0 0 0 rg BT 147.25 96.20 Td (of ) Tj ET Q q 0 0 0 rg BT 160.05 96.20 Td (the ) Tj ET Q q 0 0 0 rg BT 178.97 96.20 Td (transaction ) Tj ET Q q 0 0 0 rg BT 236.41 96.20 Td (is ) Tj ET Q q 0 0 0 rg BT 247.98 96.20 Td (subject ) Tj ET Q q 0 0 0 rg BT 286.46 96.20 Td (to ) Tj ET Q q 0 0 0 rg BT 299.27 96.20 Td (certain ) Tj ET Q q 0 0 0 rg BT 335.91 96.20 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 392.13 96.20 Td (including ) Tj ET Q q 0 0 0 rg BT 439.18 96.20 Td (competition ) Tj ET Q q 0 0 0 rg BT 499.06 96.20 Td (clearance ) Tj ET Q q 0 0 0 rg BT 550.38 96.20 Td (by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 83.00 Td (the ) Tj ET Q q 0 0 0 rg BT 68.63 83.00 Td (applicable ) Tj ET Q q 0 0 0 rg BT 122.00 83.00 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 174.75 83.00 Td (authority ) Tj ET Q q 0 0 0 rg BT 220.78 83.00 Td (in ) Tj ET Q q 0 0 0 rg BT 233.18 83.00 Td (the ) Tj ET Q q 0 0 0 rg BT 252.31 83.00 Td (European ) Tj ET Q q 0 0 0 rg BT 303.85 83.00 Td (Union. ) Tj ET Q q 0 0 0 rg BT 339.48 83.00 Td (It ) Tj ET Q q 0 0 0 rg BT 349.43 83.00 Td (is ) Tj ET Q q 0 0 0 rg BT 361.21 83.00 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 418.25 83.00 Td (that ) Tj ET Q q 0 0 0 rg BT 440.44 83.00 Td (the ) Tj ET Q q 0 0 0 rg BT 459.56 83.00 Td (transaction ) Tj ET Q q 0 0 0 rg BT 517.21 83.00 Td (will ) Tj ET Q q 0 0 0 rg BT 536.32 83.00 Td (close ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 69.80 Td (around ) Tj ET Q q 0 0 0 rg BT 86.50 69.80 Td (the ) Tj ET Q q 0 0 0 rg BT 104.54 69.80 Td (end ) Tj ET Q q 0 0 0 rg BT 125.65 69.80 Td (of ) Tj ET Q q 0 0 0 rg BT 137.57 69.80 Td (2016.) Tj ET Q q 0 0 0 rg BT 167.95 69.80 Td (The ) Tj ET Q q 0 0 0 rg BT 189.66 69.80 Td (transaction ) Tj ET Q q 0 0 0 rg BT 246.22 69.80 Td (also ) Tj ET Q q 0 0 0 rg BT 269.15 69.80 Td (includes ) Tj ET Q q 0 0 0 rg BT 312.25 69.80 Td (customary ) Tj ET Q q 0 0 0 rg BT 365.74 69.80 Td (termination ) Tj ET Q q 0 0 0 rg BT 422.90 69.80 Td (rights, ) Tj ET Q q 0 0 0 rg BT 455.61 69.80 Td (including ) Tj ET Q q 0 0 0 rg BT 501.78 69.80 Td (a ) Tj ET Q q 0 0 0 rg BT 510.65 69.80 Td (right ) Tj ET Q q 0 0 0 rg BT 534.79 69.80 Td (of ) Tj ET Q q 0 0 0 rg BT 546.72 69.80 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 56.60 Td (parties ) Tj ET Q q 0 0 0 rg BT 85.57 56.60 Td (to ) Tj ET Q q 0 0 0 rg BT 97.80 56.60 Td (terminate ) Tj ET Q q 0 0 0 rg BT 146.71 56.60 Td (the ) Tj ET Q q 0 0 0 rg BT 165.06 56.60 Td (transaction ) Tj ET Q q 0 0 0 rg BT 221.92 56.60 Td (if ) Tj ET Q q 0 0 0 rg BT 230.48 56.60 Td (it ) Tj ET Q q 0 0 0 rg BT 239.04 56.60 Td (has ) Tj ET Q q 0 0 0 rg BT 259.83 56.60 Td (not ) Tj ET Q q 0 0 0 rg BT 278.17 56.60 Td (closed ) Tj ET Q q 0 0 0 rg BT 313.03 56.60 Td (by ) Tj ET Q q 0 0 0 rg BT 327.09 56.60 Td (August15, ) Tj ET Q q 0 0 0 rg BT 382.74 56.60 Td (2017. ) Tj ET Q /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I50 Do Q endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (21) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Third-Party Debt, V) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 168.54 709.85 Td (endor Financing, Capital Lease Obligations and Cash ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 689.45 Td (The ) Tj ET Q q 0 0 0 rg BT 71.51 689.45 Td (following ) Tj ET Q q 0 0 0 rg BT 117.36 689.45 Td (table ) Tj ET Q q 0 0 0 rg BT 144.27 689.45 Td (details ) Tj ET Q q 0 0 0 rg BT 179.12 689.45 Td (the ) Tj ET Q q 0 0 0 rg BT 197.46 689.45 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 248.82 689.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 294.05 689.45 Td (and ) Tj ET Q q 0 0 0 rg BT 315.46 689.45 Td (euro ) Tj ET Q q 0 0 0 rg BT 340.53 689.45 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 393.73 689.45 Td (of ) Tj ET Q q 0 0 0 rg BT 405.96 689.45 Td (the ) Tj ET Q q 0 0 0 rg BT 424.30 689.45 Td (nominal ) Tj ET Q q 0 0 0 rg BT 465.88 689.45 Td (amount ) Tj ET Q q 0 0 0 rg BT 505.62 689.45 Td (outstanding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 676.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.73 676.25 Td (Ziggo's ) Tj ET Q q 0 0 0 rg BT 99.90 676.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 164.73 676.25 Td (third-party ) Tj ET Q q 0 0 0 rg BT 217.30 676.25 Td (debt, ) Tj ET Q q 0 0 0 rg BT 244.82 676.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 279.67 676.25 Td (lease ) Tj ET Q q 0 0 0 rg BT 309.03 676.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 364.68 676.25 Td (and ) Tj ET Q q 0 0 0 rg BT 386.08 676.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 412.38 676.25 Td (\(in ) Tj ET Q q 0 0 0 rg BT 427.66 676.25 Td (millions\): ) Tj ET Q q 0 0 0 rg BT 474.11 676.25 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 639.75 m 411 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 639.75 m 415 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 639.75 m 484 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 639.75 m 562 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 639.75 m 411 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 616.75 m 411 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 616.75 m 484 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484 616.75 m 488 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 616.75 m 562 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 491.75 m 484 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 491.75 m 562 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 491.75 m 484 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 477.75 m 484 477.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 491.75 m 562 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 477.75 m 562 477.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 432.75 m 484 432.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 418.75 m 484 418.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 432.75 m 562 432.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 418.75 m 562 418.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484 418.75 m 488 418.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 359.75 m 484 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 359.75 m 562 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 359.75 m 484 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 345.75 m 484 345.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 359.75 m 562 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 345.75 m 562 345.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 313.75 m 484 313.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 313.75 m 562 313.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 286.75 m 484 286.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 286.75 m 562 286.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 247.75 m 484 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 247.75 m 562 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 247.75 m 484 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 234.75 m 484 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 232.75 m 484 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 247.75 m 562 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 234.75 m 562 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 232.75 m 562 232.75 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.70 656.70 Td (March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.20 656.70 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.45 644.15 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.45 644.15 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 353.00 630.70 Td (Borrowing) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.45 621.70 Td (currency) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 457.70 621.37 Td ( equivalent) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 606.97 Td (Senior Credit Facilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 593.97 Td (Term Loan B \(LIBOR + 2.75%\) USD due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.70 593.97 Td (............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 593.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.75 593.97 Td (2,350.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 593.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 593.97 Td (2,064.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.50 593.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 593.97 Td (2,162.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 579.97 Td (Term Loan B \(EURIBOR + 3.00%\) EUR due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.35 579.97 Td (......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 579.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.75 579.97 Td (1,925.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 579.97 Td (1,925.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 579.97 Td (2,000.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 565.97 Td (New Ziggo Credit Facility \(EURIBOR + 3.75%\) EUR due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.15 565.97 Td (...) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 565.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 565.97 Td (664.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 565.97 Td (664.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 565.97 Td (689.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 551.97 Td (3.75% EUR Senior Secured Proceeds Loan due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.80 551.97 Td (...............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 551.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 551.97 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 551.97 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 551.97 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 537.97 Td (4.625% EUR Senior Proceeds Loan due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.70 537.97 Td (............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 537.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 537.97 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 537.97 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 537.97 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 523.97 Td (5.875% USD Senior Proceeds Loan due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.70 523.97 Td (............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 523.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 523.97 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 523.97 Td (351.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 523.97 Td (368.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 509.97 Td (800.0 million Ziggo Revolving Facilities EUR due 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.70 509.97 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.15 509.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 509.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 495.97 Td (Elimination of the Proceeds Loans in consolidation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.45 495.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.45 495.97 Td (\(1,551.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.15 495.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.45 495.97 Td (\(1,568.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.15 495.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 481.97 Td (Total Senior Credit Facilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 190.75 481.97 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 481.97 Td (4,654.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 481.97 Td (4,851.9) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 463.97 Td (Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 450.97 Td (3.625% EUR Senior Secured Notes due 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.70 450.97 Td (............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 450.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.65 450.97 Td (71.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.65 450.97 Td (71.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 450.97 Td (71.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 436.97 Td (3.75% EUR Senior Secured Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 436.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 436.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 436.97 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 436.97 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 436.97 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 422.97 Td (Total Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 190.75 422.97 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 422.97 Td (871.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 422.97 Td (871.7) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 404.97 Td (Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 391.97 Td (7.125% EUR Senior Notes due 2024) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 223.80 391.97 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 391.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 391.97 Td (743.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 391.97 Td (743.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 391.97 Td (743.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 377.97 Td (4.625% EUR Senior Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 223.80 377.97 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 377.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 377.97 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 377.97 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 377.97 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 363.97 Td (5.875% USD Senior Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 223.80 363.97 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 363.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 363.97 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 363.97 Td (351.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 363.97 Td (368.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 349.97 Td (Total Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 149.10 349.97 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 349.97 Td (1,494.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 349.97 Td (1,511.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 331.97 Td (Vendor financing) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 129.65 331.97 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 331.97 Td (160.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 331.97 Td (116.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 317.97 Td (Capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 163.00 317.97 Td (........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.20 317.97 Td (0.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.20 317.97 Td (0.2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 303.97 Td (Total third-party debt and capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.70 303.97 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 303.97 Td (7,180.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 303.97 Td (7,351.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 290.97 Td (Unamortized premiums, discounts and deferred financing costs, net) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 350.54 295.74 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.25 290.97 Td (.................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.90 290.97 Td (\(2.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.15 290.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.90 290.97 Td (\(3.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.15 290.97 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 69.50 276.37 Td (Total carrying amount of third-party debt and capital lease) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 78.50 266.37 Td (obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.20 265.97 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 266.37 Td (7,178.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 266.37 Td (7,347.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 251.97 Td (Less: cash) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 101.85 251.97 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.20 251.97 Td (3.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 251.97 Td (12.8) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 237.97 Td (Net carrying amount of third-party debt and capital lease obligations) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 390.05 242.74 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.15 237.97 Td (...) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 237.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 237.97 Td (7,175.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.50 237.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 237.97 Td (7,334.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 219.97 Td (Exchange rate \($ to \)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.65 219.97 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 219.97 Td (1.1381) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 219.97 Td (1.0866) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 189.85 Td (At ) Tj ET Q q 0 0 0 rg BT 62.60 189.85 Td (March ) Tj ET Q q 0 0 0 rg BT 95.87 189.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 113.87 189.85 Td (2016, ) Tj ET Q q 0 0 0 rg BT 144.10 189.85 Td (our ) Tj ET Q q 0 0 0 rg BT 162.71 189.85 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 232.67 189.85 Td (third-party ) Tj ET Q q 0 0 0 rg BT 284.89 189.85 Td (debt ) Tj ET Q q 0 0 0 rg BT 309.01 189.85 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 360.02 189.85 Td (cost) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 380.19 195.10 Td (23 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 389.90 189.85 Td (was ) Tj ET Q q 0 0 0 rg BT 412.17 189.85 Td (5.3%. ) Tj ET Q q 0 0 0 rg BT 442.83 189.85 Td (The ) Tj ET Q q 0 0 0 rg BT 464.49 189.85 Td (average ) Tj ET Q q 0 0 0 rg BT 506.95 189.85 Td (tenor ) Tj ET Q q 0 0 0 rg BT 534.73 189.85 Td (of ) Tj ET Q q 0 0 0 rg BT 546.61 189.85 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 176.65 Td (third-party ) Tj ET Q q 0 0 0 rg BT 102.07 176.65 Td (debt ) Tj ET Q q 0 0 0 rg BT 126.54 176.65 Td (was ) Tj ET Q q 0 0 0 rg BT 149.16 176.65 Td (nearly ) Tj ET Q q 0 0 0 rg BT 182.17 176.65 Td (7 ) Tj ET Q q 0 0 0 rg BT 191.35 176.65 Td (years. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 150.25 Td (Based ) Tj ET Q q 0 0 0 rg BT 84.97 150.25 Td (on ) Tj ET Q q 0 0 0 rg BT 101.48 150.25 Td (the ) Tj ET Q q 0 0 0 rg BT 121.05 150.25 Td (results ) Tj ET Q q 0 0 0 rg BT 157.72 150.25 Td (for ) Tj ET Q q 0 0 0 rg BT 174.84 150.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 193.79 150.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 225.59 150.25 Td (and ) Tj ET Q q 0 0 0 rg BT 248.22 150.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 287.35 150.25 Td (to ) Tj ET Q q 0 0 0 rg BT 300.80 150.25 Td (the ) Tj ET Q q 0 0 0 rg BT 320.37 150.25 Td (completion ) Tj ET Q q 0 0 0 rg BT 377.84 150.25 Td (of ) Tj ET Q q 0 0 0 rg BT 391.29 150.25 Td (our ) Tj ET Q q 0 0 0 rg BT 411.47 150.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 430.42 150.25 Td (2016 ) Tj ET Q q 0 0 0 rg BT 459.17 150.25 Td (compliance ) Tj ET Q q 0 0 0 rg BT 519.08 150.25 Td (reporting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 137.05 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 118.88 137.05 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 130.78 137.05 Td (the ) Tj ET Q q 0 0 0 rg BT 148.20 137.05 Td (ratio ) Tj ET Q q 0 0 0 rg BT 171.73 137.05 Td (of ) Tj ET Q q 0 0 0 rg BT 183.03 137.05 Td (Senior ) Tj ET Q q 0 0 0 rg BT 216.96 137.05 Td (Net ) Tj ET Q q 0 0 0 rg BT 236.21 137.05 Td (Debt ) Tj ET Q q 0 0 0 rg BT 261.57 137.05 Td (to ) Tj ET Q q 0 0 0 rg BT 272.45 137.05 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 329.01 137.05 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 368.13 137.05 Td ( ) Tj ET Q q 0 0 0 rg BT 370.26 137.05 Td (\(last ) Tj ET Q q 0 0 0 rg BT 393.17 137.05 Td (two ) Tj ET Q q 0 0 0 rg BT 412.42 137.05 Td (quarters ) Tj ET Q q 0 0 0 rg BT 454.90 137.05 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 513.91 137.05 Td (was ) Tj ET Q q 0 0 0 rg BT 535.60 137.05 Td (3.85x ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 123.85 Td (and ) Tj ET Q q 0 0 0 rg BT 70.68 123.85 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 85.72 123.85 Td (the ) Tj ET Q q 0 0 0 rg BT 103.84 123.85 Td (ratio ) Tj ET Q q 0 0 0 rg BT 128.06 123.85 Td (of ) Tj ET Q q 0 0 0 rg BT 139.88 123.85 Td (T) Tj ET Q q 0 0 0 rg BT 145.38 123.85 Td (otal ) Tj ET Q q 0 0 0 rg BT 165.94 123.85 Td (Net ) Tj ET Q q 0 0 0 rg BT 185.88 123.85 Td (Debt ) Tj ET Q q 0 0 0 rg BT 211.94 123.85 Td (to ) Tj ET Q q 0 0 0 rg BT 223.38 123.85 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 280.64 123.85 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 319.76 123.85 Td ( ) Tj ET Q q 0 0 0 rg BT 322.59 123.85 Td (\(last ) Tj ET Q q 0 0 0 rg BT 346.20 123.85 Td (two ) Tj ET Q q 0 0 0 rg BT 366.14 123.85 Td (quarters ) Tj ET Q q 0 0 0 rg BT 409.32 123.85 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 469.02 123.85 Td (was ) Tj ET Q q 0 0 0 rg BT 491.41 123.85 Td (4.93x, ) Tj ET Q q 0 0 0 rg BT 524.20 123.85 Td (each ) Tj ET Q q 0 0 0 rg BT 550.88 123.85 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 110.65 Td (defined ) Tj ET Q q 0 0 0 rg BT 89.08 110.65 Td (in, ) Tj ET Q q 0 0 0 rg BT 104.19 110.65 Td (and ) Tj ET Q q 0 0 0 rg BT 126.03 110.65 Td (calculated ) Tj ET Q q 0 0 0 rg BT 179.06 110.65 Td (in ) Tj ET Q q 0 0 0 rg BT 191.11 110.65 Td (accordance ) Tj ET Q q 0 0 0 rg BT 251.47 110.65 Td (with, ) Tj ET Q q 0 0 0 rg BT 277.58 110.65 Td (our ) Tj ET Q q 0 0 0 rg BT 296.97 110.65 Td (Senior ) Tj ET Q q 0 0 0 rg BT 332.26 110.65 Td (Credit ) Tj ET Q q 0 0 0 rg BT 365.09 110.65 Td (Facilities. ) Tj ET Q q 0 0 0 rg BT 413.73 110.65 Td (As ) Tj ET Q q 0 0 0 rg BT 430.06 110.65 Td (of ) Tj ET Q q 0 0 0 rg BT 442.73 110.65 Td (March ) Tj ET Q q 0 0 0 rg BT 476.78 110.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 495.57 110.65 Td (2016, ) Tj ET Q q 0 0 0 rg BT 526.58 110.65 Td (we ) Tj ET Q q 0 0 0 rg BT 544.14 110.65 Td (had ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 97.45 Td (maximum ) Tj ET Q q 0 0 0 rg BT 103.54 97.45 Td (undrawn ) Tj ET Q q 0 0 0 rg BT 152.11 97.45 Td (commitments ) Tj ET Q q 0 0 0 rg BT 223.88 97.45 Td (of ) Tj ET Q q 0 0 0 rg BT 239.42 97.45 Td (800 ) Tj ET Q q 0 0 0 rg BT 270.26 97.45 Td (million. ) Tj ET Q q 0 0 0 rg BT 310.87 97.45 Td (When ) Tj ET Q q 0 0 0 rg BT 345.97 97.45 Td (the ) Tj ET Q q 0 0 0 rg BT 367.64 97.45 Td (March ) Tj ET Q q 0 0 0 rg BT 404.57 97.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 426.23 97.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 457.07 97.45 Td (compliance ) Tj ET Q q 0 0 0 rg BT 519.09 97.45 Td (reporting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 84.25 Td (requirements ) Tj ET Q q 0 0 0 rg BT 116.88 84.25 Td (have ) Tj ET Q q 0 0 0 rg BT 143.92 84.25 Td (been ) Tj ET Q q 0 0 0 rg BT 171.58 84.25 Td (completed ) Tj ET Q q 0 0 0 rg BT 225.51 84.25 Td (and ) Tj ET Q q 0 0 0 rg BT 247.05 84.25 Td (assuming ) Tj ET Q q 0 0 0 rg BT 297.32 84.25 Td (no ) Tj ET Q q 0 0 0 rg BT 312.74 84.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 357.51 84.25 Td (from ) Tj ET Q q 0 0 0 rg BT 382.70 84.25 Td (March ) Tj ET Q q 0 0 0 rg BT 416.45 84.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 434.92 84.25 Td (2016 ) Tj ET Q q 0 0 0 rg BT 462.58 84.25 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 514.07 84.25 Td (levels, ) Tj ET Q q 0 0 0 rg BT 548.43 84.25 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 71.05 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 99.64 71.05 Td (438 ) Tj ET Q q 0 0 0 rg BT 127.17 71.05 Td (million ) Tj ET Q q 0 0 0 rg BT 161.40 71.05 Td (will ) Tj ET Q q 0 0 0 rg BT 179.73 71.05 Td (be ) Tj ET Q q 0 0 0 rg BT 195.02 71.05 Td (available ) Tj ET Q q 0 0 0 rg BT 241.50 71.05 Td (to ) Tj ET Q q 0 0 0 rg BT 253.73 71.05 Td (be ) Tj ET Q q 0 0 0 rg BT 269.02 71.05 Td (drawn. ) Tj ET Q /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I51 Do Q endstream endobj 45 0 obj <> endobj 46 0 obj <> stream BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (22) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 230.20 355.60 Td (This page intentionally left blank) Tj ET Q endstream endobj 47 0 obj <> endobj 48 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (23) Tj ET Q BT /F2 20.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 705.45 Td (UPC Holding Reports Preliminary Q1 2016 Results) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 676.25 Td (52,000 RGU ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 142.00 676.25 Td (Additions in Q1 While Price Increases Landed Successfully) Tj ET Q BT /F2 16.00 Tf ET BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 647.05 Td (Q1 Rebased Segment OCF Increased 4%) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 623.85 Td (UPC ) Tj ET Q q 0 0 0 rg BT 76.59 623.85 Td (Holding ) Tj ET Q q 0 0 0 rg BT 117.77 623.85 Td (B.V) Tj ET Q q 0 0 0 rg BT 134.49 623.85 Td (. ) Tj ET Q q 0 0 0 rg BT 141.41 623.85 Td (\("UPC ) Tj ET Q q 0 0 0 rg BT 176.07 623.85 Td (Holding"\) ) Tj ET Q q 0 0 0 rg BT 224.81 623.85 Td (provides ) Tj ET Q q 0 0 0 rg BT 270.26 623.85 Td (market-leading ) Tj ET Q q 0 0 0 rg BT 346.89 623.85 Td (triple- ) Tj ET Q q 0 0 0 rg BT 378.26 623.85 Td (and ) Tj ET Q q 0 0 0 rg BT 400.49 623.85 Td (quad-play ) Tj ET Q q 0 0 0 rg BT 452.67 623.85 Td (services ) Tj ET Q q 0 0 0 rg BT 496.88 623.85 Td (through ) Tj ET Q q 0 0 0 rg BT 538.06 623.85 Td (next-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 610.65 Td (generation ) Tj ET Q q 0 0 0 rg BT 105.87 610.65 Td (networks ) Tj ET Q q 0 0 0 rg BT 154.26 610.65 Td (and ) Tj ET Q q 0 0 0 rg BT 177.00 610.65 Td (innovative ) Tj ET Q q 0 0 0 rg BT 230.91 610.65 Td (technology ) Tj ET Q q 0 0 0 rg BT 288.49 610.65 Td (platforms ) Tj ET Q q 0 0 0 rg BT 338.11 610.65 Td (in ) Tj ET Q q 0 0 0 rg BT 351.05 610.65 Td (seven ) Tj ET Q q 0 0 0 rg BT 384.78 610.65 Td (countries ) Tj ET Q q 0 0 0 rg BT 433.80 610.65 Td (that ) Tj ET Q q 0 0 0 rg BT 456.52 610.65 Td (connected ) Tj ET Q q 0 0 0 rg BT 511.67 610.65 Td (6.7 ) Tj ET Q q 0 0 0 rg BT 531.34 610.65 Td (million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 597.45 Td (customers ) Tj ET Q q 0 0 0 rg BT 103.29 597.45 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 161.99 597.45 Td (to ) Tj ET Q q 0 0 0 rg BT 174.22 597.45 Td (12.7 ) Tj ET Q q 0 0 0 rg BT 198.68 597.45 Td (million ) Tj ET Q q 0 0 0 rg BT 232.91 597.45 Td (television, ) Tj ET Q q 0 0 0 rg BT 284.88 597.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 340.54 597.45 Td (and ) Tj ET Q q 0 0 0 rg BT 361.95 597.45 Td (telephony ) Tj ET Q q 0 0 0 rg BT 412.71 597.45 Td (services ) Tj ET Q q 0 0 0 rg BT 456.11 597.45 Td (as ) Tj ET Q q 0 0 0 rg BT 470.79 597.45 Td (of ) Tj ET Q q 0 0 0 rg BT 483.02 597.45 Td (March ) Tj ET Q q 0 0 0 rg BT 516.63 597.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 534.98 597.45 Td (2016.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 49.50 571.05 Td (Operating and financial highlights) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.34 571.05 Td (*) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 231.62 571.05 Td (:) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 548.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 548.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 98.71 548.25 Td (RGU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 123.15 553.50 Td (3 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 128.77 548.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 175.34 548.25 Td (of ) Tj ET Q q 0 0 0 rg BT 187.05 548.25 Td (52,000 ) Tj ET Q q 0 0 0 rg BT 223.23 548.25 Td (were ) Tj ET Q q 0 0 0 rg BT 249.60 548.25 Td (more ) Tj ET Q q 0 0 0 rg BT 277.20 548.25 Td (than ) Tj ET Q q 0 0 0 rg BT 301.14 548.25 Td (double ) Tj ET Q q 0 0 0 rg BT 336.71 548.25 Td (the ) Tj ET Q q 0 0 0 rg BT 354.53 548.25 Td (volume ) Tj ET Q q 0 0 0 rg BT 392.52 548.25 Td (of ) Tj ET Q q 0 0 0 rg BT 404.23 548.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 421.44 548.25 Td (last ) Tj ET Q q 0 0 0 rg BT 441.09 548.25 Td (year) Tj ET Q q 0 0 0 rg BT 461.88 548.25 Td (, ) Tj ET Q q 0 0 0 rg BT 467.47 548.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 499.97 548.25 Td (by ) Tj ET Q q 0 0 0 rg BT 514.12 548.25 Td (the ) Tj ET Q q 0 0 0 rg BT 531.94 548.25 Td (strong ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 535.05 Td (performance ) Tj ET Q q 0 0 0 rg BT 146.31 535.05 Td (of ) Tj ET Q q 0 0 0 rg BT 158.54 535.05 Td (our ) Tj ET Q q 0 0 0 rg BT 177.49 535.05 Td (businesses ) Tj ET Q q 0 0 0 rg BT 235.58 535.05 Td (in ) Tj ET Q q 0 0 0 rg BT 247.20 535.05 Td (Central ) Tj ET Q q 0 0 0 rg BT 285.71 535.05 Td (and ) Tj ET Q q 0 0 0 rg BT 307.12 535.05 Td (Eastern ) Tj ET Q q 0 0 0 rg BT 348.09 535.05 Td (Europe ) Tj ET Q q 0 0 0 rg BT 386.62 535.05 Td (\("CEE"\)) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 515.23 cm /I52 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 518.25 Td (CEE ) Tj ET Q q 0 0 0 rg BT 143.17 518.25 Td (delivered ) Tj ET Q q 0 0 0 rg BT 190.87 518.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 241.62 518.25 Td (RGU ) Tj ET Q q 0 0 0 rg BT 269.12 518.25 Td (volumes ) Tj ET Q q 0 0 0 rg BT 313.14 518.25 Td (benefiting ) Tj ET Q q 0 0 0 rg BT 363.90 518.25 Td (from ) Tj ET Q q 0 0 0 rg BT 388.96 518.25 Td (network ) Tj ET Q q 0 0 0 rg BT 430.53 518.25 Td (expansion) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 498.43 cm /I53 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 501.45 Td (Price ) Tj ET Q q 0 0 0 rg BT 145.62 501.45 Td (increases ) Tj ET Q q 0 0 0 rg BT 195.75 501.45 Td (successfully ) Tj ET Q q 0 0 0 rg BT 258.10 501.45 Td (implemented ) Tj ET Q q 0 0 0 rg BT 324.14 501.45 Td (across ) Tj ET Q q 0 0 0 rg BT 359.59 501.45 Td (all ) Tj ET Q q 0 0 0 rg BT 373.65 501.45 Td (af) Tj ET Q q 0 0 0 rg BT 382.63 501.45 Td (fected ) Tj ET Q q 0 0 0 rg BT 415.65 501.45 Td (markets ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 481.63 cm /I54 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 484.65 Td (Improved ) Tj ET Q q 0 0 0 rg BT 165.93 484.65 Td (video ) Tj ET Q q 0 0 0 rg BT 194.80 484.65 Td (trends ) Tj ET Q q 0 0 0 rg BT 227.94 484.65 Td (in ) Tj ET Q q 0 0 0 rg BT 239.08 484.65 Td (CEE ) Tj ET Q q 0 0 0 rg BT 264.27 484.65 Td (continued ) Tj ET Q q 0 0 0 rg BT 314.55 484.65 Td (in ) Tj ET Q q 0 0 0 rg BT 325.69 484.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 342.94 484.65 Td (2016, ) Tj ET Q q 0 0 0 rg BT 373.04 484.65 Td (supported ) Tj ET Q q 0 0 0 rg BT 424.54 484.65 Td (by ) Tj ET Q q 0 0 0 rg BT 438.73 484.65 Td (our ) Tj ET Q q 0 0 0 rg BT 457.20 484.65 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 536.22 484.65 Td (video ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 471.45 Td (of) Tj ET Q q 0 0 0 rg BT 126.48 471.45 Td (ferings ) Tj ET Q q 0 0 0 rg BT 162.55 471.45 Td (and ) Tj ET Q q 0 0 0 rg BT 183.96 471.45 Td (expanding ) Tj ET Q q 0 0 0 rg BT 237.78 471.45 Td (footprint, ) Tj ET Q q 0 0 0 rg BT 283.64 471.45 Td (with ) Tj ET Q q 0 0 0 rg BT 306.26 471.45 Td (stable ) Tj ET Q q 0 0 0 rg BT 338.67 471.45 Td (video ) Tj ET Q q 0 0 0 rg BT 368.02 471.45 Td (attrition ) Tj ET Q q 0 0 0 rg BT 407.15 471.45 Td (in ) Tj ET Q q 0 0 0 rg BT 418.76 471.45 Td (Switzerland/Austria) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 451.63 cm /I55 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 454.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 135.13 454.65 Td (broadband) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 187.73 459.90 Td (4) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 191.71 454.65 Td ( ) Tj ET Q q 0 0 0 rg BT 194.67 454.65 Td (and ) Tj ET Q q 0 0 0 rg BT 215.98 454.65 Td (telephony) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 263.68 459.90 Td (5) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 267.66 454.65 Td ( ) Tj ET Q q 0 0 0 rg BT 270.61 454.65 Td (RGU ) Tj ET Q q 0 0 0 rg BT 298.01 454.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 345.00 454.65 Td (of ) Tj ET Q q 0 0 0 rg BT 357.13 454.65 Td (32,000 ) Tj ET Q q 0 0 0 rg BT 393.73 454.65 Td (and ) Tj ET Q q 0 0 0 rg BT 415.04 454.65 Td (44,000, ) Tj ET Q q 0 0 0 rg BT 454.70 454.65 Td (respectively) Tj ET Q q 0 0 0 rg BT 511.96 454.65 Td (, ) Tj ET Q q 0 0 0 rg BT 517.97 454.65 Td (driven ) Tj ET Q q 0 0 0 rg BT 550.89 454.65 Td (by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 441.45 Td (CEE, ) Tj ET Q q 0 0 0 rg BT 146.23 441.45 Td (partially ) Tj ET Q q 0 0 0 rg BT 187.19 441.45 Td (of) Tj ET Q q 0 0 0 rg BT 196.17 441.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 216.95 441.45 Td (by ) Tj ET Q q 0 0 0 rg BT 231.63 441.45 Td (losses ) Tj ET Q q 0 0 0 rg BT 265.86 441.45 Td (in ) Tj ET Q q 0 0 0 rg BT 277.48 441.45 Td (Switzerland) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 418.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 418.65 Td (Enhancing ) Tj ET Q q 0 0 0 rg BT 136.54 418.65 Td (of) Tj ET Q q 0 0 0 rg BT 145.52 418.65 Td (fers ) Tj ET Q q 0 0 0 rg BT 166.91 418.65 Td (with ) Tj ET Q q 0 0 0 rg BT 189.53 418.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 240.28 418.65 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 281.04 418.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 298.15 418.65 Td (functionality ) Tj ET Q q 0 0 0 rg BT 359.30 418.65 Td (and ) Tj ET Q q 0 0 0 rg BT 380.71 418.65 Td (superior ) Tj ET Q q 0 0 0 rg BT 423.50 418.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 479.17 418.65 Td (speeds) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 398.83 cm /I56 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 401.85 Td (Continued ) Tj ET Q q 0 0 0 rg BT 170.71 401.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 211.47 401.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 228.58 401.85 Td (momentum ) Tj ET Q q 0 0 0 rg BT 286.65 401.85 Td (with ) Tj ET Q q 0 0 0 rg BT 309.27 401.85 Td (63,000 ) Tj ET Q q 0 0 0 rg BT 345.97 401.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 393.06 401.85 Td (in ) Tj ET Q q 0 0 0 rg BT 404.68 401.85 Td (Q1) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 382.03 cm /I57 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 385.05 Td (Increased ) Tj ET Q q 0 0 0 rg BT 168.36 385.05 Td (WifiSpots ) Tj ET Q q 0 0 0 rg BT 217.87 385.05 Td (to ) Tj ET Q q 0 0 0 rg BT 230.10 385.05 Td (2.6 ) Tj ET Q q 0 0 0 rg BT 248.45 385.05 Td (million ) Tj ET Q q 0 0 0 rg BT 282.68 385.05 Td (access ) Tj ET Q q 0 0 0 rg BT 319.97 385.05 Td (points ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 359.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 359.25 Td (Added ) Tj ET Q q 0 0 0 rg BT 116.36 359.25 Td (19,000 ) Tj ET Q q 0 0 0 rg BT 153.06 359.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 188.52 359.25 Td (subscribers) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 244.77 364.50 Td (17) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 252.72 359.25 Td ( ) Tj ET Q q 0 0 0 rg BT 255.77 359.25 Td (in ) Tj ET Q q 0 0 0 rg BT 267.39 359.25 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 288.18 359.25 Td (of ) Tj ET Q q 0 0 0 rg BT 300.41 359.25 Td (which ) Tj ET Q q 0 0 0 rg BT 331.59 359.25 Td (Switzerland/Austria ) Tj ET Q q 0 0 0 rg BT 428.79 359.25 Td (contributed ) Tj ET Q q 0 0 0 rg BT 486.27 359.25 Td (12,000) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 339.43 cm /I58 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 342.45 Td (Launched ) Tj ET Q q 0 0 0 rg BT 169.76 342.45 Td (attractive ) Tj ET Q q 0 0 0 rg BT 218.32 342.45 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 250.98 342.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 287.31 342.45 Td (bundling ) Tj ET Q q 0 0 0 rg BT 332.84 342.45 Td (campaign ) Tj ET Q q 0 0 0 rg BT 384.47 342.45 Td (in ) Tj ET Q q 0 0 0 rg BT 396.97 342.45 Td (March, ) Tj ET Q q 0 0 0 rg BT 434.52 342.45 Td (providing ) Tj ET Q q 0 0 0 rg BT 483.09 342.45 Td (discounts ) Tj ET Q q 0 0 0 rg BT 533.49 342.45 Td (to ) Tj ET Q q 0 0 0 rg BT 546.60 342.45 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 329.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 173.16 329.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 226.95 329.25 Td (in ) Tj ET Q q 0 0 0 rg BT 238.57 329.25 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 298.48 329.25 Td (to ) Tj ET Q q 0 0 0 rg BT 310.71 329.25 Td (drive ) Tj ET Q q 0 0 0 rg BT 337.61 329.25 Td (fixed-mobile ) Tj ET Q q 0 0 0 rg BT 399.97 329.25 Td (convergence) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 309.43 cm /I59 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 312.45 Td (Preparing ) Tj ET Q q 0 0 0 rg BT 167.75 312.45 Td (4G ) Tj ET Q q 0 0 0 rg BT 185.48 312.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 220.94 312.45 Td (service ) Tj ET Q q 0 0 0 rg BT 258.84 312.45 Td (launch ) Tj ET Q q 0 0 0 rg BT 294.31 312.45 Td (in ) Tj ET Q q 0 0 0 rg BT 305.32 312.45 Td (Austria ) Tj ET Q q 0 0 0 rg BT 342.61 312.45 Td (later ) Tj ET Q q 0 0 0 rg BT 367.07 312.45 Td (this ) Tj ET Q q 0 0 0 rg BT 387.24 312.45 Td (year) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 289.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 289.65 Td (Combining ) Tj ET Q q 0 0 0 rg BT 136.73 289.65 Td (UPC ) Tj ET Q q 0 0 0 rg BT 162.61 289.65 Td (Slovakia ) Tj ET Q q 0 0 0 rg BT 206.84 289.65 Td (and ) Tj ET Q q 0 0 0 rg BT 227.85 289.65 Td (UPC ) Tj ET Q q 0 0 0 rg BT 253.72 289.65 Td (Czech ) Tj ET Q q 0 0 0 rg BT 287.55 289.65 Td (Republic ) Tj ET Q q 0 0 0 rg BT 333.01 289.65 Td (organizations, ) Tj ET Q q 0 0 0 rg BT 404.15 289.65 Td (further ) Tj ET Q q 0 0 0 rg BT 438.59 289.65 Td (streamlining ) Tj ET Q q 0 0 0 rg BT 500.54 289.65 Td (our ) Tj ET Q q 0 0 0 rg BT 519.09 289.65 Td (business ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 276.45 Td (and ) Tj ET Q q 0 0 0 rg BT 102.91 276.45 Td (the ) Tj ET Q q 0 0 0 rg BT 121.26 276.45 Td (ef) Tj ET Q q 0 0 0 rg BT 130.23 276.45 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 188.31 276.45 Td (of ) Tj ET Q q 0 0 0 rg BT 200.54 276.45 Td (our ) Tj ET Q q 0 0 0 rg BT 219.50 276.45 Td (operations) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 253.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 253.65 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 156.69 253.65 Td (integration ) Tj ET Q q 0 0 0 rg BT 211.12 253.65 Td (remains ) Tj ET Q q 0 0 0 rg BT 253.29 253.65 Td (on ) Tj ET Q q 0 0 0 rg BT 268.59 253.65 Td (track ) Tj ET Q q 0 0 0 rg BT 295.48 253.65 Td (to ) Tj ET Q q 0 0 0 rg BT 307.71 253.65 Td (deliver ) Tj ET Q q 0 0 0 rg BT 343.17 253.65 Td (further ) Tj ET Q q 0 0 0 rg BT 378.02 253.65 Td (synergies) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 230.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 230.85 Td (Aiming ) Tj ET Q q 0 0 0 rg BT 118.02 230.85 Td (to ) Tj ET Q q 0 0 0 rg BT 130.10 230.85 Td (build ) Tj ET Q q 0 0 0 rg BT 156.24 230.85 Td (around ) Tj ET Q q 0 0 0 rg BT 193.39 230.85 Td (50,000 ) Tj ET Q q 0 0 0 rg BT 229.93 230.85 Td (new ) Tj ET Q q 0 0 0 rg BT 253.01 230.85 Td (homes ) Tj ET Q q 0 0 0 rg BT 288.92 230.85 Td (in ) Tj ET Q q 0 0 0 rg BT 300.39 230.85 Td (Switzerland/Austria ) Tj ET Q q 0 0 0 rg BT 397.44 230.85 Td (in ) Tj ET Q q 0 0 0 rg BT 408.90 230.85 Td (2016, ) Tj ET Q q 0 0 0 rg BT 439.32 230.85 Td (which ) Tj ET Q q 0 0 0 rg BT 470.34 230.85 Td (marks ) Tj ET Q q 0 0 0 rg BT 503.19 230.85 Td (acceleration ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 217.65 Td (of ) Tj ET Q q 0 0 0 rg BT 93.73 217.65 Td (historical ) Tj ET Q q 0 0 0 rg BT 140.19 217.65 Td (network ) Tj ET Q q 0 0 0 rg BT 181.76 217.65 Td (expansion) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 194.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 194.85 Td (Expanded ) Tj ET Q q 0 0 0 rg BT 135.31 194.85 Td (our ) Tj ET Q q 0 0 0 rg BT 155.47 194.85 Td (CEE ) Tj ET Q q 0 0 0 rg BT 182.36 194.85 Td (footprint ) Tj ET Q q 0 0 0 rg BT 226.37 194.85 Td (by ) Tj ET Q q 0 0 0 rg BT 242.26 194.85 Td (over ) Tj ET Q q 0 0 0 rg BT 267.92 194.85 Td (70,000 ) Tj ET Q q 0 0 0 rg BT 305.83 194.85 Td (homes ) Tj ET Q q 0 0 0 rg BT 343.11 194.85 Td (in ) Tj ET Q q 0 0 0 rg BT 355.94 194.85 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 377.94 194.85 Td (mainly ) Tj ET Q q 0 0 0 rg BT 413.99 194.85 Td (driven ) Tj ET Q q 0 0 0 rg BT 448.22 194.85 Td (by ) Tj ET Q q 0 0 0 rg BT 464.10 194.85 Td (new ) Tj ET Q q 0 0 0 rg BT 488.55 194.85 Td (build ) Tj ET Q q 0 0 0 rg BT 516.06 194.85 Td (activity ) Tj ET Q q 0 0 0 rg BT 553.94 194.85 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 181.65 Td (Poland, ) Tj ET Q q 0 0 0 rg BT 121.86 181.65 Td (Hungary ) Tj ET Q q 0 0 0 rg BT 166.50 181.65 Td (and ) Tj ET Q q 0 0 0 rg BT 187.91 181.65 Td (Romania) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 158.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 158.85 Td (Rebased) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 125.53 164.10 Td (7) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 129.51 158.85 Td ( ) Tj ET Q q 0 0 0 rg BT 132.56 158.85 Td (revenue ) Tj ET Q q 0 0 0 rg BT 175.37 158.85 Td (growth ) Tj ET Q q 0 0 0 rg BT 211.44 158.85 Td (of ) Tj ET Q q 0 0 0 rg BT 223.67 158.85 Td (2% ) Tj ET Q q 0 0 0 rg BT 242.63 158.85 Td (in ) Tj ET Q q 0 0 0 rg BT 254.25 158.85 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 275.03 158.85 Td (supported ) Tj ET Q q 0 0 0 rg BT 327.01 158.85 Td (by ) Tj ET Q q 0 0 0 rg BT 341.69 158.85 Td (growth ) Tj ET Q q 0 0 0 rg BT 377.76 158.85 Td (across ) Tj ET Q q 0 0 0 rg BT 413.21 158.85 Td (Switzerland/Austria ) Tj ET Q q 0 0 0 rg BT 510.42 158.85 Td (and ) Tj ET Q q 0 0 0 rg BT 531.83 158.85 Td (CEE ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 136.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 136.05 Td (Rebased ) Tj ET Q q 0 0 0 rg BT 128.59 136.05 Td (Segment ) Tj ET Q q 0 0 0 rg BT 175.67 136.05 Td (OCF) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 198.89 141.30 Td (8) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 202.87 136.05 Td ( ) Tj ET Q q 0 0 0 rg BT 205.92 136.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 242.00 136.05 Td (of ) Tj ET Q q 0 0 0 rg BT 254.23 136.05 Td (4% ) Tj ET Q q 0 0 0 rg BT 273.18 136.05 Td (in ) Tj ET Q q 0 0 0 rg BT 284.80 136.05 Td (Q1) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 116.23 cm /I60 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 119.25 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 192.19 119.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 246.62 119.25 Td (delivered ) Tj ET Q q 0 0 0 rg BT 294.31 119.25 Td (8% ) Tj ET Q q 0 0 0 rg BT 313.27 119.25 Td (rebased ) Tj ET Q q 0 0 0 rg BT 356.07 119.25 Td (Segment ) Tj ET Q q 0 0 0 rg BT 403.16 119.25 Td (OCF ) Tj ET Q q 0 0 0 rg BT 429.43 119.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 465.50 119.25 Td (in ) Tj ET Q q 0 0 0 rg BT 477.12 119.25 Td (Q1) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 99.43 cm /I61 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 102.45 Td (CEE ) Tj ET Q q 0 0 0 rg BT 142.29 102.45 Td (Segment ) Tj ET Q q 0 0 0 rg BT 188.99 102.45 Td (OCF ) Tj ET Q q 0 0 0 rg BT 214.89 102.45 Td (declined ) Tj ET Q q 0 0 0 rg BT 258.54 102.45 Td (3% ) Tj ET Q q 0 0 0 rg BT 277.11 102.45 Td (on ) Tj ET Q q 0 0 0 rg BT 292.02 102.45 Td (a ) Tj ET Q q 0 0 0 rg BT 300.81 102.45 Td (rebased ) Tj ET Q q 0 0 0 rg BT 343.24 102.45 Td (basis, ) Tj ET Q q 0 0 0 rg BT 374.65 102.45 Td (partly ) Tj ET Q q 0 0 0 rg BT 404.22 102.45 Td (impacted ) Tj ET Q q 0 0 0 rg BT 451.53 102.45 Td (by ) Tj ET Q q 0 0 0 rg BT 465.82 102.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 494.17 102.45 Td (related ) Tj ET Q q 0 0 0 rg BT 530.48 102.45 Td (to ) Tj ET Q q 0 0 0 rg BT 542.32 102.45 Td (new ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 89.25 Td (build ) Tj ET Q q 0 0 0 rg BT 143.30 89.25 Td (activities) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 66.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 66.45 Td (Segment ) Tj ET Q q 0 0 0 rg BT 128.58 66.45 Td (property ) Tj ET Q q 0 0 0 rg BT 171.99 66.45 Td (and ) Tj ET Q q 0 0 0 rg BT 193.40 66.45 Td (equipment ) Tj ET Q q 0 0 0 rg BT 247.83 66.45 Td (additions) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 291.86 71.70 Td (10) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 299.81 66.45 Td ( ) Tj ET Q q 0 0 0 rg BT 302.87 66.45 Td (were ) Tj ET Q q 0 0 0 rg BT 329.77 66.45 Td (17% ) Tj ET Q q 0 0 0 rg BT 354.84 66.45 Td (of ) Tj ET Q q 0 0 0 rg BT 367.07 66.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 409.88 66.45 Td (in ) Tj ET Q q 0 0 0 rg BT 421.49 66.45 Td (Q1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.00 44.85 Td (* ) Tj ET Q q 0 0 0 rg BT 86.19 44.85 Td (The ) Tj ET Q q 0 0 0 rg BT 102.20 44.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 133.77 44.85 Td (figures ) Tj ET Q q 0 0 0 rg BT 160.01 44.85 Td (contained ) Tj ET Q q 0 0 0 rg BT 196.93 44.85 Td (in ) Tj ET Q q 0 0 0 rg BT 205.38 44.85 Td (this ) Tj ET Q q 0 0 0 rg BT 220.05 44.85 Td (release ) Tj ET Q q 0 0 0 rg BT 248.51 44.85 Td (are ) Tj ET Q q 0 0 0 rg BT 262.29 44.85 Td (prepared ) Tj ET Q q 0 0 0 rg BT 296.54 44.85 Td (in ) Tj ET Q q 0 0 0 rg BT 304.99 44.85 Td (accordance ) Tj ET Q q 0 0 0 rg BT 348.57 44.85 Td (with ) Tj ET Q q 0 0 0 rg BT 365.02 44.85 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 382.80 44.85 Td (GAAP) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 405.03 48.67 Td (1) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 407.54 48.67 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.43 44.85 Td (. ) Tj ET Q /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I62 Do Q endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (24) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Operating Statistics Summary) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 674.35 m 482 674.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482 674.35 m 486 674.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 674.35 m 562 674.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 674.35 m 482 674.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 659.35 m 482 659.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 674.35 m 562 674.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 659.35 m 562 659.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 547.35 m 482 547.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 547.35 m 562 547.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 547.35 m 482 547.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 547.35 m 562 547.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 498.35 m 482 498.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 484.35 m 482 484.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 482.35 m 482 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 498.35 m 562 498.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 484.35 m 562 484.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 482.35 m 562 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 419.35 m 482 419.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 419.35 m 562 419.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 419.35 m 482 419.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 419.35 m 562 419.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 370.35 m 482 370.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 356.35 m 482 356.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 354.35 m 482 354.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 370.35 m 562 370.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 356.35 m 562 356.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 354.35 m 562 354.35 l s BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 417.95 687.75 Td (As of and for the three months) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.20 678.75 Td (ended March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.45 663.75 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.45 663.75 Td (2015) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.5 643.38525390625 m 95.3720703125 643.38525390625 l s q 0 0 0 rg BT 51.50 644.97 Td (Footprint) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 630.57 Td (Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 119.31 635.34 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 130.20 630.57 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.55 629.97 Td (12,866,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.55 629.97 Td (12,279,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 615.57 Td (T) Tj ET Q q 0 0 0 rg BT 57.06 615.57 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 161.54 620.34 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 171.85 615.57 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.55 615.57 Td (12,666,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.55 615.57 Td (11,981,500) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.5 595.38525390625 m 146.5244140625 595.38525390625 l s q 0 0 0 rg BT 51.50 596.97 Td (Subscribers \(RGUs\)) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 146.52 601.74 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 581.97 Td (Basic V) Tj ET Q q 0 0 0 rg BT 85.22 581.97 Td (ideo) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 104.13 586.74 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 116.30 581.57 Td (.......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 581.97 Td (1,559,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 581.97 Td (1,725,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 566.97 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 105.81 566.97 Td (ideo) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 124.71 571.74 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.75 566.57 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 566.97 Td (3,598,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 566.97 Td (3,471,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 551.97 Td (DTH) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 72.05 556.74 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 82.95 551.57 Td (...................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.45 551.97 Td (825,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.45 551.97 Td (780,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 536.97 Td (Total Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 121.85 536.57 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 536.97 Td (5,983,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 536.97 Td (5,977,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 517.97 Td (Internet) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 85.41 522.74 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.10 517.57 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 517.97 Td (3,980,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 517.97 Td (3,784,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 502.97 Td (T) Tj ET Q q 0 0 0 rg BT 56.50 502.97 Td (elephony) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 97.09 507.74 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 105.20 502.57 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 502.97 Td (2,699,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 502.97 Td (2,459,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 487.97 Td (Total RGUs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 124.65 487.57 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.55 487.97 Td (12,663,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.55 487.97 Td (12,221,200) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 53.5 467.38525390625 m 243.7099609375 467.38525390625 l s q 0 0 0 rg BT 53.50 468.97 Td (Q1 Organic RGU Net Additions \(Losses\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 453.97 Td (Basic Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 107.95 453.57 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 453.97 Td (\(52,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 453.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.65 453.97 Td (\(46,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 453.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 438.97 Td (Enhanced Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 127.40 438.57 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.00 438.97 Td (32,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 438.97 Td (8,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 423.97 Td (DTH) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.65 423.57 Td (......................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.20 423.97 Td (\(3,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 423.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.20 423.97 Td (\(3,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 423.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 408.97 Td (Total Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 121.85 408.57 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 408.97 Td (\(23,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 408.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.65 408.97 Td (\(41,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 408.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 389.97 Td (Internet) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.50 389.57 Td (.................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.00 389.97 Td (31,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 389.97 Td (41,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 374.97 Td (Telephony) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 99.65 374.57 Td (.............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.00 374.97 Td (44,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 374.97 Td (22,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 359.97 Td (Total organic RGU net additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 213.55 359.57 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.00 359.97 Td (51,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 359.97 Td (22,700) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.5 338.38525390625 m 106.509765625 338.38525390625 l s q 0 0 0 rg BT 51.50 339.97 Td (Penetration) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 324.97 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 105.81 324.97 Td (ideo Subscribers as % of ) Tj ET Q q 0 0 0 rg BT 219.01 324.97 Td (T) Tj ET Q q 0 0 0 rg BT 224.01 324.97 Td (otal Cable V) Tj ET Q q 0 0 0 rg BT 278.31 324.97 Td (ideo Subscribers) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 352.79 329.74 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.80 324.57 Td (...............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 324.97 Td (69.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 324.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 324.97 Td (66.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 324.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 309.97 Td (Internet as % of ) Tj ET Q q 0 0 0 rg BT 124.14 309.97 Td (T) Tj ET Q q 0 0 0 rg BT 129.69 309.97 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 234.18 314.74 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.10 309.57 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 309.97 Td (31.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 309.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 309.97 Td (31.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 309.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 294.97 Td (T) Tj ET Q q 0 0 0 rg BT 56.50 294.97 Td (elephony as % of ) Tj ET Q q 0 0 0 rg BT 135.82 294.97 Td (T) Tj ET Q q 0 0 0 rg BT 141.37 294.97 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 245.86 299.74 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.20 294.57 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 294.97 Td (21.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 294.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 294.97 Td (20.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 294.97 Td (%) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.5 274.38525390625 m 166.51953125 274.38525390625 l s q 0 0 0 rg BT 51.50 275.97 Td (Customer Relationships) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 260.97 Td (Customer Relationships) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 157.66 265.74 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 163.55 260.57 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 260.97 Td (6,734,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 260.97 Td (6,741,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 245.97 Td (RGUs per Customer Relationship) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.45 245.57 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 245.97 Td (1.88) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 245.97 Td (1.81) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 230.97 Td (Q1 Monthly ) Tj ET Q q 0 0 0 rg BT 104.86 230.97 Td (ARPU per Customer Relationship) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 253.81 235.74 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.80 230.57 Td (...................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.50 230.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 230.97 Td (26.67) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 230.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 230.97 Td (26.82) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.5 210.38525390625 m 144.2734375 210.38525390625 l s q 0 0 0 rg BT 51.50 211.97 Td (Customer Bundling) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 196.97 Td (Single-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 105.20 196.57 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 196.97 Td (46.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 196.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 196.97 Td (49.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 196.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 181.97 Td (Double-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 110.75 181.57 Td (.........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 181.97 Td (20.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 181.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 181.97 Td (19.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 181.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 166.97 Td (Triple-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 102.40 166.57 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 166.97 Td (34.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 166.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 166.97 Td (30.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 166.97 Td (%) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 51.5 146.38525390625 m 143.74609375 146.38525390625 l s q 0 0 0 rg BT 51.50 147.97 Td (Mobile Subscribers) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 143.75 152.74 Td (17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 132.97 Td (Total Mobile subscribers) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 160.75 132.57 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.45 132.97 Td (106,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 132.97 Td (39,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 117.97 Td (Q1 organic Mobile net additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 194.10 117.57 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.00 117.97 Td (18,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 117.97 Td (8,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 97.97 Td (Q1 Monthly ) Tj ET Q q 0 0 0 rg BT 104.86 97.97 Td (ARPU per Mobile Subscriber) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 232.69 102.74 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 82.97 Td (Excluding interconnect revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.75 82.57 Td (.....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.50 82.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 82.97 Td (18.51) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 82.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 82.97 Td (15.78) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 67.97 Td (Including interconnect revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 208.00 67.57 Td (......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.50 67.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 67.97 Td (21.49) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 67.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 67.97 Td (17.88) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I63 Do Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (25) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Financial Results, Segment OCF Reconciliation & Property and Equipment ) Tj ET Q BT /F2 14.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 695.85 Td (Additions ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 676.65 Td (The ) Tj ET Q q 0 0 0 rg BT 70.29 676.65 Td (following ) Tj ET Q q 0 0 0 rg BT 114.92 676.65 Td (table ) Tj ET Q q 0 0 0 rg BT 140.61 676.65 Td (reflects ) Tj ET Q q 0 0 0 rg BT 177.90 676.65 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 233.53 676.65 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 283.68 676.65 Td (selected ) Tj ET Q q 0 0 0 rg BT 326.49 676.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 368.68 676.65 Td (results ) Tj ET Q q 0 0 0 rg BT 402.91 676.65 Td (for ) Tj ET Q q 0 0 0 rg BT 417.58 676.65 Td (the ) Tj ET Q q 0 0 0 rg BT 434.71 676.65 Td (three ) Tj ET Q q 0 0 0 rg BT 461.62 676.65 Td (months ) Tj ET Q q 0 0 0 rg BT 499.52 676.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 531.94 676.65 Td (March ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 663.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 67.85 663.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 95.37 663.45 Td (and ) Tj ET Q q 0 0 0 rg BT 116.78 663.45 Td (2015. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 629.95 m 455 629.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 629.95 m 459 629.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 629.95 m 509 629.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 629.95 m 455 629.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 616.95 m 455 616.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 629.95 m 509 629.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 616.95 m 509 616.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 616.95 m 563 616.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 567.95 m 455 567.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 567.95 m 509 567.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 567.95 m 563 567.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 556.95 m 455 556.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 554.95 m 455 554.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 567.95 m 509 567.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 556.95 m 509 556.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 554.95 m 509 554.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 556.95 m 563 556.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 554.95 m 563 554.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 500.95 m 455 500.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 500.95 m 509 500.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 500.95 m 563 500.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 489.95 m 563 489.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 487.95 m 563 487.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 435.95 m 455 435.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 435.95 m 509 435.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 435.95 m 455 435.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 424.95 m 455 424.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 422.95 m 455 422.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 435.95 m 509 435.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 424.95 m 509 424.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 422.95 m 509 422.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 407.95 m 455 407.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 405.95 m 455 405.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 407.95 m 509 407.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 405.95 m 509 405.95 l s BT /F3 8.50 Tf ET q 0 0 0 rg BT 414.70 642.76 Td (Three months ended) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 436.85 634.26 Td (March 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 519.75 629.76 Td (Rebased) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 521.90 621.26 Td (Change) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 420.00 621.26 Td (2016) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 474.00 621.26 Td (2015) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 422.80 608.26 Td (in millions, except % amounts) Tj ET Q BT /F2 8.50 Tf ET 0 0 0 RG /GS0 gs 0.62 w 0 i [] 0 d 1 J 1 j 3 M 52.5 594.049609375 m 86.5263671875 594.049609375 l s q 0 0 0 rg BT 52.50 595.26 Td (Revenue) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 583.26 Td (Switzerland/Austria) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 139.30 583.26 Td (...............................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 409.50 583.26 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 425.60 583.31 Td (392.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.50 583.26 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 479.60 583.31 Td (390.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 583.26 Td (2.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 583.26 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 571.26 Td (Central and Eastern Europe) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 172.40 571.26 Td (.................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 425.60 571.31 Td (241.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 479.60 571.31 Td (238.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 571.26 Td (2.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 571.26 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 66.50 559.26 Td ( Total) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 99.15 559.26 Td (................................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 409.50 559.26 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 425.60 559.31 Td (633.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.50 559.26 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 479.60 559.31 Td (628.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 559.26 Td (2.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 559.26 Td (%) Tj ET Q BT /F2 8.50 Tf ET 0 0 0 RG /GS0 gs 0.62 w 0 i [] 0 d 1 J 1 j 3 M 52.5 539.049609375 m 106.82666015625 539.049609375 l s q 0 0 0 rg BT 52.50 540.26 Td (Segment OCF) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 528.26 Td (Switzerland/Austria) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 139.30 528.26 Td (...............................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 409.50 528.26 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 425.60 528.31 Td (233.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.50 528.26 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 479.60 528.31 Td (220.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 528.26 Td (7.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 528.26 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 516.26 Td (Central and Eastern Europe) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 172.40 516.26 Td (.................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 425.60 516.31 Td (100.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 479.60 516.31 Td (104.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 537.45 516.26 Td (\(2.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 552.10 516.26 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 504.26 Td (Other) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 89.70 504.26 Td (....................................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.25 504.26 Td (\(0.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 446.90 504.26 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 492.40 504.26 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 541.55 504.26 Td (N.M.) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 72.50 492.26 Td (Total Segment OCF) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 153.50 492.26 Td (.........................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 425.60 492.31 Td (333.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 479.60 492.31 Td (325.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 492.26 Td (4.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 492.26 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 476.26 Td (Share-based compensation expense) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 205.45 476.26 Td (...................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.25 476.26 Td (\(3.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 446.90 476.26 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 486.25 476.26 Td (\(1.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 500.90 476.26 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 464.26 Td (Related-party fees and allocations, net) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 210.15 464.26 Td (.................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 427.50 464.26 Td (\(80.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 446.90 464.26 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 481.50 464.26 Td (\(65.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 500.90 464.26 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 452.26 Td (Depreciation and amortization) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 179.45 452.26 Td (..............................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 422.75 452.26 Td (\(135.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 446.90 452.26 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 476.75 452.26 Td (\(143.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 500.90 452.26 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 440.26 Td (Impairment, restructuring and other operating items, net) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 273.95 440.26 Td (......................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.25 440.26 Td (\(0.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 446.90 440.26 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 481.50 440.26 Td (\(10.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 500.90 440.26 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 72.50 427.26 Td (Operating income) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 144.05 427.26 Td (.............................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 409.50 427.26 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 425.60 427.31 Td (113.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.50 427.26 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 479.60 427.31 Td (105.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 72.50 410.26 Td (Segment OCF as percentage of revenue) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 229.05 410.26 Td (.........................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 430.35 410.31 Td (52.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 446.90 410.26 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 484.35 410.31 Td (51.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 500.90 410.26 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 1 J 1 j 3 M 49.5 399.7888671875 m 177 399.7888671875 l s q 0 0 0 rg BT 49.50 397.45 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 49.50 388.45 Td (N.M. ) Tj ET Q q 0 0 0 rg BT 71.00 388.45 Td (- ) Tj ET Q q 0 0 0 rg BT 76.50 388.45 Td (not ) Tj ET Q q 0 0 0 rg BT 91.51 388.45 Td (meaningful) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 362.05 Td (The following table provides details of our property and equipment additions for the indicated periods and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 348.85 Td (reconciles those additions to the capital expenditures that we present in our condensed consolidated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 335.65 Td (statements of cash flows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 306.15 m 490 306.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490 306.15 m 494 306.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 306.15 m 563 306.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 306.15 m 490 306.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 295.15 m 490 295.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 306.15 m 563 306.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 295.15 m 563 295.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 216.14999999999998 m 490 216.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 216.14999999999998 m 563 216.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 156.14999999999998 m 490 156.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 145.14999999999998 m 490 145.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 143.14999999999998 m 490 143.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 156.14999999999998 m 563 156.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 145.14999999999998 m 563 145.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 143.14999999999998 m 563 143.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 104.14999999999998 m 490 104.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 104.14999999999998 m 563 104.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 80.14999999999998 m 490 80.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 69.14999999999998 m 490 69.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 67.14999999999998 m 490 67.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490 80.14999999999998 m 494 80.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 80.14999999999998 m 563 80.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 69.14999999999998 m 563 69.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 67.14999999999998 m 563 67.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 53.14999999999998 m 490 53.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 51.14999999999998 m 490 51.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 53.14999999999998 m 563 53.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 51.14999999999998 m 563 51.14999999999998 l s BT /F3 8.50 Tf ET q 0 0 0 rg BT 428.90 310.46 Td (Three months ended March 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 445.50 297.46 Td (2016) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 518.50 297.46 Td (2015) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 430.80 286.46 Td (in millions, except % amounts) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 267.46 Td (Customer premises equipment) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 174.20 267.46 Td (.......................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 423.50 267.46 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 465.35 267.51 Td (58.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.50 267.46 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 267.51 Td (46.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 255.46 Td (Scalable infrastructure) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 143.50 255.46 Td (....................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 465.35 255.51 Td (13.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 255.51 Td (14.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 243.46 Td (Line extensions) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 117.50 243.46 Td (...............................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 465.35 243.51 Td (17.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 243.51 Td (13.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 231.46 Td (Upgrade/rebuild) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 119.90 231.46 Td (..............................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 465.35 231.51 Td (15.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 231.51 Td (13.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 219.46 Td (Support capital) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 115.15 219.46 Td (................................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 465.35 219.51 Td (11.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 543.05 219.51 Td (9.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 207.46 Td ( Property and equipment additions) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 197.85 207.46 Td (.............................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.60 207.51 Td (116.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 207.51 Td (95.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 195.46 Td (Assets acquired under capital-related vendor financing arrangements) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 315.90 195.46 Td (...........................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 457.75 195.46 Td (\(160.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 481.90 195.46 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 530.75 195.46 Td (\(122.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 195.46 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 183.46 Td (Assets contributed by parent company) Tj ET Q BT /F2 8.50 Tf ET BT /F2 5.52 Tf ET q 0 0 0 rg BT 197.08 187.52 Td (30) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 207.25 183.46 Td (.........................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 467.25 183.46 Td (\(2.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 481.90 183.46 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 183.46 Td (\(4.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 183.46 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 171.46 Td (Assets acquired under capital leases) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 195.45 171.46 Td (..............................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 467.25 171.46 Td (\(2.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 481.90 171.46 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 171.46 Td (\(0.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 171.46 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 159.46 Td (Changes in current liabilities related to capital expenditures) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 278.15 159.46 Td (...........................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.60 159.51 Td (118.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 159.51 Td (56.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 147.46 Td ( ) Tj ET Q q 0 0 0 rg BT 73.60 147.46 Td (T) Tj ET Q q 0 0 0 rg BT 77.85 147.46 Td (otal capital expenditures) Tj ET Q BT /F2 8.50 Tf ET BT /F2 5.52 Tf ET q 0 0 0 rg BT 169.53 151.52 Td (19) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 181.30 147.46 Td (....................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 423.50 147.46 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 465.35 147.51 Td (69.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.50 147.46 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 147.51 Td (25.1) Tj ET Q BT /F2 8.50 Tf ET 0 0 0 RG /GS0 gs 0.62 w 0 i [] 0 d 1 J 1 j 3 M 52.5 130.24960937499998 m 216.9462890625 130.24960937499998 l s q 0 0 0 rg BT 52.50 131.46 Td (Regional Property and Equipment Additions) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 119.46 Td (Switzerland/Austria) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 131.70 119.46 Td (.........................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 423.50 119.46 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 465.35 119.51 Td (52.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.50 119.46 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 119.51 Td (50.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 107.46 Td (Central and Eastern Europe) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 162.40 107.46 Td (............................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 465.35 107.51 Td (54.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 107.51 Td (43.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 58.50 95.46 Td (Total segment property and equipment additions) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 245.05 95.46 Td (.........................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.60 95.51 Td (107.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 95.51 Td (93.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 83.46 Td (Other) Tj ET Q BT /F2 8.50 Tf ET BT /F2 5.52 Tf ET q 0 0 0 rg BT 73.76 87.52 Td (31) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 86.80 83.46 Td (............................................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 470.05 83.51 Td (9.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 543.05 83.51 Td (2.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 71.46 Td ( Total) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 91.55 71.46 Td (..........................................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 423.50 71.46 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.60 71.51 Td (116.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.50 71.46 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 71.51 Td (95.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 55.46 Td (Segment property and equipment additions as a percentage of revenue) Tj ET Q BT /F2 8.50 Tf ET BT /F2 5.52 Tf ET q 0 0 0 rg BT 320.92 59.52 Td (31) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 330.10 55.46 Td (.....................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 465.35 55.51 Td (16.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 481.90 55.46 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 55.51 Td (14.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 55.46 Td (%) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I64 Do Q endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (26) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Subscriber Statistics) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 683.45 Td (In ) Tj ET Q q 0 0 0 rg BT 61.91 683.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 79.82 683.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 110.58 683.45 Td (we ) Tj ET Q q 0 0 0 rg BT 127.88 683.45 Td (added ) Tj ET Q q 0 0 0 rg BT 161.70 683.45 Td (52,000 ) Tj ET Q q 0 0 0 rg BT 198.58 683.45 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 234.82 683.45 Td (as ) Tj ET Q q 0 0 0 rg BT 249.67 683.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 301.82 683.45 Td (to ) Tj ET Q q 0 0 0 rg BT 314.23 683.45 Td (23,000 ) Tj ET Q q 0 0 0 rg BT 351.11 683.45 Td (in ) Tj ET Q q 0 0 0 rg BT 362.91 683.45 Td (the ) Tj ET Q q 0 0 0 rg BT 381.43 683.45 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 431.73 683.45 Td (period. ) Tj ET Q q 0 0 0 rg BT 468.60 683.45 Td (Consistent ) Tj ET Q q 0 0 0 rg BT 523.81 683.45 Td (with ) Tj ET Q q 0 0 0 rg BT 546.61 683.45 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 670.25 Td (strategy ) Tj ET Q q 0 0 0 rg BT 92.73 670.25 Td (of ) Tj ET Q q 0 0 0 rg BT 106.01 670.25 Td (balancing ) Tj ET Q q 0 0 0 rg BT 157.21 670.25 Td (price ) Tj ET Q q 0 0 0 rg BT 185.16 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 207.62 670.25 Td (volume ) Tj ET Q q 0 0 0 rg BT 247.18 670.25 Td (growth, ) Tj ET Q q 0 0 0 rg BT 287.36 670.25 Td (we ) Tj ET Q q 0 0 0 rg BT 305.52 670.25 Td (implemented ) Tj ET Q q 0 0 0 rg BT 372.61 670.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 391.38 670.25 Td (price ) Tj ET Q q 0 0 0 rg BT 419.33 670.25 Td (increases ) Tj ET Q q 0 0 0 rg BT 470.51 670.25 Td (in ) Tj ET Q q 0 0 0 rg BT 483.18 670.25 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 544.14 670.25 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 657.05 Td (Austria ) Tj ET Q q 0 0 0 rg BT 86.18 657.05 Td (and ) Tj ET Q q 0 0 0 rg BT 106.99 657.05 Td (for ) Tj ET Q q 0 0 0 rg BT 122.27 657.05 Td (a ) Tj ET Q q 0 0 0 rg BT 130.84 657.05 Td (portion ) Tj ET Q q 0 0 0 rg BT 166.92 657.05 Td (of ) Tj ET Q q 0 0 0 rg BT 178.54 657.05 Td (our ) Tj ET Q q 0 0 0 rg BT 196.89 657.05 Td (customers ) Tj ET Q q 0 0 0 rg BT 250.07 657.05 Td (in ) Tj ET Q q 0 0 0 rg BT 261.08 657.05 Td (the ) Tj ET Q q 0 0 0 rg BT 278.82 657.05 Td (CEE ) Tj ET Q q 0 0 0 rg BT 303.89 657.05 Td (region. ) Tj ET Q q 0 0 0 rg BT 339.97 657.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 360.76 657.05 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 434.73 657.05 Td (improvement ) Tj ET Q q 0 0 0 rg BT 500.76 657.05 Td (in ) Tj ET Q q 0 0 0 rg BT 511.77 657.05 Td (subscriber ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 643.85 Td (growth ) Tj ET Q q 0 0 0 rg BT 86.36 643.85 Td (was ) Tj ET Q q 0 0 0 rg BT 109.77 643.85 Td (supported ) Tj ET Q q 0 0 0 rg BT 162.55 643.85 Td (by ) Tj ET Q q 0 0 0 rg BT 178.02 643.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 212.44 643.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 240.73 643.85 Td (growth ) Tj ET Q q 0 0 0 rg BT 277.60 643.85 Td (in ) Tj ET Q q 0 0 0 rg BT 290.01 643.85 Td (our ) Tj ET Q q 0 0 0 rg BT 309.76 643.85 Td (CEE ) Tj ET Q q 0 0 0 rg BT 336.22 643.85 Td (segment, ) Tj ET Q q 0 0 0 rg BT 385.32 643.85 Td (with ) Tj ET Q q 0 0 0 rg BT 408.73 643.85 Td (64,000 ) Tj ET Q q 0 0 0 rg BT 446.22 643.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 474.51 643.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 522.39 643.85 Td (in ) Tj ET Q q 0 0 0 rg BT 534.80 643.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 553.33 643.85 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 630.65 Td (2016. ) Tj ET Q q 0 0 0 rg BT 80.23 630.65 Td (This ) Tj ET Q q 0 0 0 rg BT 104.44 630.65 Td (result ) Tj ET Q q 0 0 0 rg BT 134.77 630.65 Td (was ) Tj ET Q q 0 0 0 rg BT 157.76 630.65 Td (partially ) Tj ET Q q 0 0 0 rg BT 199.09 630.65 Td (of) Tj ET Q q 0 0 0 rg BT 208.07 630.65 Td (fset ) Tj ET Q q 0 0 0 rg BT 229.23 630.65 Td (by ) Tj ET Q q 0 0 0 rg BT 244.28 630.65 Td (a ) Tj ET Q q 0 0 0 rg BT 253.82 630.65 Td (weaker ) Tj ET Q q 0 0 0 rg BT 292.71 630.65 Td (trend ) Tj ET Q q 0 0 0 rg BT 321.21 630.65 Td (in ) Tj ET Q q 0 0 0 rg BT 333.20 630.65 Td (our ) Tj ET Q q 0 0 0 rg BT 352.53 630.65 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 428.09 630.65 Td (segment, ) Tj ET Q q 0 0 0 rg BT 476.77 630.65 Td (which ) Tj ET Q q 0 0 0 rg BT 508.32 630.65 Td (lost ) Tj ET Q q 0 0 0 rg BT 528.87 630.65 Td (12,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 617.45 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 82.81 617.45 Td (during ) Tj ET Q q 0 0 0 rg BT 116.75 617.45 Td (the ) Tj ET Q q 0 0 0 rg BT 135.41 617.45 Td (quarter) Tj ET Q q 0 0 0 rg BT 169.65 617.45 Td (. ) Tj ET Q q 0 0 0 rg BT 176.08 617.45 Td (While ) Tj ET Q q 0 0 0 rg BT 206.95 617.45 Td (better ) Tj ET Q q 0 0 0 rg BT 238.44 617.45 Td (voice ) Tj ET Q q 0 0 0 rg BT 267.48 617.45 Td (trends ) Tj ET Q q 0 0 0 rg BT 301.42 617.45 Td (helped ) Tj ET Q q 0 0 0 rg BT 337.82 617.45 Td (our ) Tj ET Q q 0 0 0 rg BT 356.42 617.45 Td (Austrian ) Tj ET Q q 0 0 0 rg BT 400.13 617.45 Td (operation ) Tj ET Q q 0 0 0 rg BT 449.37 617.45 Td (add ) Tj ET Q q 0 0 0 rg BT 471.09 617.45 Td (4,000 ) Tj ET Q q 0 0 0 rg BT 501.98 617.45 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 535.29 617.45 Td (in ) Tj ET Q q 0 0 0 rg BT 547.21 617.45 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 604.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 83.75 604.25 Td (, ) Tj ET Q q 0 0 0 rg BT 90.20 604.25 Td (our ) Tj ET Q q 0 0 0 rg BT 109.49 604.25 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 141.61 604.25 Td (operation ) Tj ET Q q 0 0 0 rg BT 190.88 604.25 Td (lost ) Tj ET Q q 0 0 0 rg BT 211.39 604.25 Td (16,000 ) Tj ET Q q 0 0 0 rg BT 248.44 604.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 281.78 604.25 Td (in ) Tj ET Q q 0 0 0 rg BT 293.73 604.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 311.80 604.25 Td (2016 ) Tj ET Q q 0 0 0 rg BT 339.67 604.25 Td (due ) Tj ET Q q 0 0 0 rg BT 361.42 604.25 Td (in ) Tj ET Q q 0 0 0 rg BT 373.38 604.25 Td (part ) Tj ET Q q 0 0 0 rg BT 395.73 604.25 Td (to ) Tj ET Q q 0 0 0 rg BT 408.30 604.25 Td (price ) Tj ET Q q 0 0 0 rg BT 435.54 604.25 Td (increases ) Tj ET Q q 0 0 0 rg BT 486.01 604.25 Td (across ) Tj ET Q q 0 0 0 rg BT 521.81 604.25 Td (its ) Tj ET Q q 0 0 0 rg BT 536.20 604.25 Td (video ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 591.05 Td (base ) Tj ET Q q 0 0 0 rg BT 75.23 591.05 Td (and ) Tj ET Q q 0 0 0 rg BT 95.45 591.05 Td (portions ) Tj ET Q q 0 0 0 rg BT 136.46 591.05 Td (of ) Tj ET Q q 0 0 0 rg BT 147.50 591.05 Td (its ) Tj ET Q q 0 0 0 rg BT 160.38 591.05 Td (internet ) Tj ET Q q 0 0 0 rg BT 198.94 591.05 Td (base ) Tj ET Q q 0 0 0 rg BT 224.66 591.05 Td (in ) Tj ET Q q 0 0 0 rg BT 235.10 591.05 Td (an ) Tj ET Q q 0 0 0 rg BT 249.21 591.05 Td (intensifying ) Tj ET Q q 0 0 0 rg BT 306.11 591.05 Td (competitive ) Tj ET Q q 0 0 0 rg BT 363.62 591.05 Td (environment. ) Tj ET Q q 0 0 0 rg BT 429.08 591.05 Td (From ) Tj ET Q q 0 0 0 rg BT 456.61 591.05 Td (May ) Tj ET Q q 0 0 0 rg BT 479.27 591.05 Td (25, ) Tj ET Q q 0 0 0 rg BT 496.43 591.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 522.77 591.05 Td (forward, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 577.85 Td (our ) Tj ET Q q 0 0 0 rg BT 68.56 577.85 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 100.44 577.85 Td (operations ) Tj ET Q q 0 0 0 rg BT 154.97 577.85 Td (will ) Tj ET Q q 0 0 0 rg BT 173.40 577.85 Td (operate ) Tj ET Q q 0 0 0 rg BT 213.87 577.85 Td (under ) Tj ET Q q 0 0 0 rg BT 245.16 577.85 Td (the ) Tj ET Q q 0 0 0 rg BT 263.61 577.85 Td (name ) Tj ET Q q 0 0 0 rg BT 294.29 577.85 Td (of ) Tj ET Q q 0 0 0 rg BT 306.62 577.85 Td (UPC ) Tj ET Q q 0 0 0 rg BT 333.01 577.85 Td (and ) Tj ET Q q 0 0 0 rg BT 354.52 577.85 Td (will ) Tj ET Q q 0 0 0 rg BT 372.95 577.85 Td (use ) Tj ET Q q 0 0 0 rg BT 393.85 577.85 Td (the ) Tj ET Q q 0 0 0 rg BT 412.30 577.85 Td (new ) Tj ET Q q 0 0 0 rg BT 435.64 577.85 Td (colorful ) Tj ET Q q 0 0 0 rg BT 474.26 577.85 Td (bloom ) Tj ET Q q 0 0 0 rg BT 507.38 577.85 Td (logo, ) Tj ET Q q 0 0 0 rg BT 534.39 577.85 Td (which ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 564.65 Td (we ) Tj ET Q q 0 0 0 rg BT 66.62 564.65 Td (also ) Tj ET Q q 0 0 0 rg BT 89.85 564.65 Td (plan ) Tj ET Q q 0 0 0 rg BT 113.71 564.65 Td (to ) Tj ET Q q 0 0 0 rg BT 125.94 564.65 Td (introduce ) Tj ET Q q 0 0 0 rg BT 174.24 564.65 Td (in ) Tj ET Q q 0 0 0 rg BT 185.25 564.65 Td (Austria ) Tj ET Q q 0 0 0 rg BT 222.55 564.65 Td (later ) Tj ET Q q 0 0 0 rg BT 247.00 564.65 Td (in ) Tj ET Q q 0 0 0 rg BT 258.62 564.65 Td (the ) Tj ET Q q 0 0 0 rg BT 276.97 564.65 Td (year) Tj ET Q q 0 0 0 rg BT 297.76 564.65 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 538.25 Td (On ) Tj ET Q q 0 0 0 rg BT 66.58 538.25 Td (the ) Tj ET Q q 0 0 0 rg BT 84.28 538.25 Td (video ) Tj ET Q q 0 0 0 rg BT 112.98 538.25 Td (front, ) Tj ET Q q 0 0 0 rg BT 140.46 538.25 Td (we ) Tj ET Q q 0 0 0 rg BT 156.93 538.25 Td (reduced ) Tj ET Q q 0 0 0 rg BT 199.09 538.25 Td (our ) Tj ET Q q 0 0 0 rg BT 217.39 538.25 Td (attrition ) Tj ET Q q 0 0 0 rg BT 255.87 538.25 Td (by ) Tj ET Q q 0 0 0 rg BT 269.90 538.25 Td (over ) Tj ET Q q 0 0 0 rg BT 293.70 538.25 Td (40% ) Tj ET Q q 0 0 0 rg BT 318.12 538.25 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 392.05 538.25 Td (to ) Tj ET Q q 0 0 0 rg BT 403.63 538.25 Td (24,000 ) Tj ET Q q 0 0 0 rg BT 439.69 538.25 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 501.39 538.25 Td (a ) Tj ET Q q 0 0 0 rg BT 509.92 538.25 Td (substantial ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 525.05 Td (improvement ) Tj ET Q q 0 0 0 rg BT 115.86 525.05 Td (from ) Tj ET Q q 0 0 0 rg BT 140.65 525.05 Td (41,000 ) Tj ET Q q 0 0 0 rg BT 177.08 525.05 Td (video ) Tj ET Q q 0 0 0 rg BT 206.16 525.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 233.39 525.05 Td (losses ) Tj ET Q q 0 0 0 rg BT 267.36 525.05 Td (in ) Tj ET Q q 0 0 0 rg BT 278.71 525.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 296.17 525.05 Td (2015. ) Tj ET Q q 0 0 0 rg BT 326.30 525.05 Td (This ) Tj ET Q q 0 0 0 rg BT 349.87 525.05 Td (improved ) Tj ET Q q 0 0 0 rg BT 397.89 525.05 Td (performance ) Tj ET Q q 0 0 0 rg BT 462.43 525.05 Td (was ) Tj ET Q q 0 0 0 rg BT 484.78 525.05 Td (driven ) Tj ET Q q 0 0 0 rg BT 517.52 525.05 Td (by ) Tj ET Q q 0 0 0 rg BT 531.93 525.05 Td (strong ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 511.85 Td (trends ) Tj ET Q q 0 0 0 rg BT 82.92 511.85 Td (in ) Tj ET Q q 0 0 0 rg BT 94.32 511.85 Td (CEE, ) Tj ET Q q 0 0 0 rg BT 122.84 511.85 Td (mainly ) Tj ET Q q 0 0 0 rg BT 157.46 511.85 Td (in ) Tj ET Q q 0 0 0 rg BT 168.87 511.85 Td (Poland ) Tj ET Q q 0 0 0 rg BT 205.96 511.85 Td (and ) Tj ET Q q 0 0 0 rg BT 227.16 511.85 Td (Hungary) Tj ET Q q 0 0 0 rg BT 267.92 511.85 Td (. ) Tj ET Q q 0 0 0 rg BT 273.82 511.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 295.00 511.85 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 369.98 511.85 Td (segment ) Tj ET Q q 0 0 0 rg BT 415.01 511.85 Td (lost ) Tj ET Q q 0 0 0 rg BT 434.97 511.85 Td (20,000 ) Tj ET Q q 0 0 0 rg BT 471.46 511.85 Td (video ) Tj ET Q q 0 0 0 rg BT 500.60 511.85 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 533.38 511.85 Td (in ) Tj ET Q q 0 0 0 rg BT 544.79 511.85 Td (Q1, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 498.65 Td (in-line ) Tj ET Q q 0 0 0 rg BT 82.52 498.65 Td (with ) Tj ET Q q 0 0 0 rg BT 105.75 498.65 Td (our ) Tj ET Q q 0 0 0 rg BT 125.32 498.65 Td (result ) Tj ET Q q 0 0 0 rg BT 155.89 498.65 Td (in ) Tj ET Q q 0 0 0 rg BT 168.12 498.65 Td (the ) Tj ET Q q 0 0 0 rg BT 187.08 498.65 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 237.82 498.65 Td (period. ) Tj ET Q q 0 0 0 rg BT 275.13 498.65 Td (Our ) Tj ET Q q 0 0 0 rg BT 297.13 498.65 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 377.25 498.65 Td (video ) Tj ET Q q 0 0 0 rg BT 407.21 498.65 Td (platform, ) Tj ET Q q 0 0 0 rg BT 453.68 498.65 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 495.01 498.65 Td (TV) Tj ET Q q 0 0 0 rg BT 508.06 498.65 Td (, ) Tj ET Q q 0 0 0 rg BT 514.79 498.65 Td (continued ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 485.45 Td (resonating ) Tj ET Q q 0 0 0 rg BT 103.37 485.45 Td (with ) Tj ET Q q 0 0 0 rg BT 125.43 485.45 Td (our ) Tj ET Q q 0 0 0 rg BT 143.83 485.45 Td (customers, ) Tj ET Q q 0 0 0 rg BT 200.12 485.45 Td (as ) Tj ET Q q 0 0 0 rg BT 214.24 485.45 Td (we ) Tj ET Q q 0 0 0 rg BT 230.81 485.45 Td (added ) Tj ET Q q 0 0 0 rg BT 263.90 485.45 Td (63,000 ) Tj ET Q q 0 0 0 rg BT 300.04 485.45 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 378.82 485.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 395.38 485.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 454.12 485.45 Td (during ) Tj ET Q q 0 0 0 rg BT 487.20 485.45 Td (the ) Tj ET Q q 0 0 0 rg BT 504.99 485.45 Td (first ) Tj ET Q q 0 0 0 rg BT 525.21 485.45 Td (quarter) Tj ET Q q 0 0 0 rg BT 559.46 485.45 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 472.25 Td (This ) Tj ET Q q 0 0 0 rg BT 72.40 472.25 Td (result ) Tj ET Q q 0 0 0 rg BT 101.43 472.25 Td (was ) Tj ET Q q 0 0 0 rg BT 123.11 472.25 Td (nearly ) Tj ET Q q 0 0 0 rg BT 155.19 472.25 Td (double ) Tj ET Q q 0 0 0 rg BT 190.35 472.25 Td (last ) Tj ET Q q 0 0 0 rg BT 209.59 472.25 Td (year's ) Tj ET Q q 0 0 0 rg BT 240.71 472.25 Td (performance, ) Tj ET Q q 0 0 0 rg BT 307.65 472.25 Td (largely ) Tj ET Q q 0 0 0 rg BT 342.17 472.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 374.26 472.25 Td (by ) Tj ET Q q 0 0 0 rg BT 388.00 472.25 Td (our ) Tj ET Q q 0 0 0 rg BT 406.02 472.25 Td (business ) Tj ET Q q 0 0 0 rg BT 451.56 472.25 Td (in ) Tj ET Q q 0 0 0 rg BT 462.24 472.25 Td (Poland, ) Tj ET Q q 0 0 0 rg BT 501.67 472.25 Td (which ) Tj ET Q q 0 0 0 rg BT 531.92 472.25 Td (added ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 459.05 Td (37,000 ) Tj ET Q q 0 0 0 rg BT 87.86 459.05 Td (new ) Tj ET Q q 0 0 0 rg BT 112.75 459.05 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 176.46 459.05 Td (These ) Tj ET Q q 0 0 0 rg BT 211.74 459.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 260.49 459.05 Td (boosted ) Tj ET Q q 0 0 0 rg BT 304.35 459.05 Td (our ) Tj ET Q q 0 0 0 rg BT 324.96 459.05 Td (total ) Tj ET Q q 0 0 0 rg BT 350.47 459.05 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 392.78 459.05 Td (TV ) Tj ET Q q 0 0 0 rg BT 411.55 459.05 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 467.00 459.05 Td (base ) Tj ET Q q 0 0 0 rg BT 495.57 459.05 Td (to ) Tj ET Q q 0 0 0 rg BT 509.46 459.05 Td (506,000 ) Tj ET Q q 0 0 0 rg BT 553.94 459.05 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 445.85 Td (Switzerland, ) Tj ET Q q 0 0 0 rg BT 112.86 445.85 Td (Poland ) Tj ET Q q 0 0 0 rg BT 150.55 445.85 Td (and ) Tj ET Q q 0 0 0 rg BT 172.35 445.85 Td (the ) Tj ET Q q 0 0 0 rg BT 191.09 445.85 Td (Czech ) Tj ET Q q 0 0 0 rg BT 225.71 445.85 Td (Republic, ) Tj ET Q q 0 0 0 rg BT 275.01 445.85 Td (while ) Tj ET Q q 0 0 0 rg BT 303.53 445.85 Td (our ) Tj ET Q q 0 0 0 rg BT 322.87 445.85 Td ("Horizon-light" ) Tj ET Q q 0 0 0 rg BT 395.87 445.85 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 450.05 445.85 Td (base ) Tj ET Q q 0 0 0 rg BT 477.35 445.85 Td (increased ) Tj ET Q q 0 0 0 rg BT 528.49 445.85 Td (to ) Tj ET Q q 0 0 0 rg BT 541.11 445.85 Td (over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 432.65 Td (170,000 ) Tj ET Q q 0 0 0 rg BT 92.47 432.65 Td (in ) Tj ET Q q 0 0 0 rg BT 104.25 432.65 Td (the ) Tj ET Q q 0 0 0 rg BT 122.75 432.65 Td (Czech ) Tj ET Q q 0 0 0 rg BT 157.14 432.65 Td (Republic ) Tj ET Q q 0 0 0 rg BT 203.15 432.65 Td (at ) Tj ET Q q 0 0 0 rg BT 215.54 432.65 Td (the ) Tj ET Q q 0 0 0 rg BT 234.04 432.65 Td (end ) Tj ET Q q 0 0 0 rg BT 255.61 432.65 Td (of ) Tj ET Q q 0 0 0 rg BT 267.99 432.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 285.88 432.65 Td (2016. ) Tj ET Q q 0 0 0 rg BT 316.62 432.65 Td (Similar ) Tj ET Q q 0 0 0 rg BT 353.44 432.65 Td (to ) Tj ET Q q 0 0 0 rg BT 365.82 432.65 Td (our ) Tj ET Q q 0 0 0 rg BT 384.93 432.65 Td (region-by-region ) Tj ET Q q 0 0 0 rg BT 468.24 432.65 Td (analog ) Tj ET Q q 0 0 0 rg BT 504.49 432.65 Td (switch-of) Tj ET Q q 0 0 0 rg BT 547.69 432.65 Td (f ) Tj ET Q q 0 0 0 rg BT 553.96 432.65 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 419.45 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 109.65 419.45 Td (during ) Tj ET Q q 0 0 0 rg BT 143.52 419.45 Td (2014 ) Tj ET Q q 0 0 0 rg BT 171.28 419.45 Td (and ) Tj ET Q q 0 0 0 rg BT 192.92 419.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 223.74 419.45 Td (we ) Tj ET Q q 0 0 0 rg BT 241.09 419.45 Td (began ) Tj ET Q q 0 0 0 rg BT 274.97 419.45 Td (of) Tj ET Q q 0 0 0 rg BT 283.95 419.45 Td (fering ) Tj ET Q q 0 0 0 rg BT 314.75 419.45 Td (digital-only ) Tj ET Q q 0 0 0 rg BT 370.63 419.45 Td (services ) Tj ET Q q 0 0 0 rg BT 414.26 419.45 Td (in ) Tj ET Q q 0 0 0 rg BT 426.11 419.45 Td (select ) Tj ET Q q 0 0 0 rg BT 458.14 419.45 Td (regions ) Tj ET Q q 0 0 0 rg BT 497.50 419.45 Td (within ) Tj ET Q q 0 0 0 rg BT 528.26 419.45 Td (Austria ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 406.25 Td (and ) Tj ET Q q 0 0 0 rg BT 70.91 406.25 Td (expect ) Tj ET Q q 0 0 0 rg BT 106.37 406.25 Td (this ) Tj ET Q q 0 0 0 rg BT 126.55 406.25 Td (to ) Tj ET Q q 0 0 0 rg BT 138.78 406.25 Td (expand ) Tj ET Q q 0 0 0 rg BT 177.92 406.25 Td (into ) Tj ET Q q 0 0 0 rg BT 198.71 406.25 Td (more ) Tj ET Q q 0 0 0 rg BT 226.83 406.25 Td (regions ) Tj ET Q q 0 0 0 rg BT 265.97 406.25 Td (during ) Tj ET Q q 0 0 0 rg BT 299.60 406.25 Td (the ) Tj ET Q q 0 0 0 rg BT 317.95 406.25 Td (rest ) Tj ET Q q 0 0 0 rg BT 339.34 406.25 Td (of ) Tj ET Q q 0 0 0 rg BT 351.57 406.25 Td (the ) Tj ET Q q 0 0 0 rg BT 369.92 406.25 Td (year) Tj ET Q q 0 0 0 rg BT 390.71 406.25 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 379.85 Td (W) Tj ET Q q 0 0 0 rg BT 59.68 379.85 Td (e ) Tj ET Q q 0 0 0 rg BT 67.68 379.85 Td (continue ) Tj ET Q q 0 0 0 rg BT 111.14 379.85 Td (to ) Tj ET Q q 0 0 0 rg BT 122.19 379.85 Td (focus ) Tj ET Q q 0 0 0 rg BT 150.35 379.85 Td (on ) Tj ET Q q 0 0 0 rg BT 164.46 379.85 Td (enhancing ) Tj ET Q q 0 0 0 rg BT 217.10 379.85 Td (the ) Tj ET Q q 0 0 0 rg BT 234.15 379.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 250.08 379.85 Td (experience ) Tj ET Q q 0 0 0 rg BT 305.77 379.85 Td (for ) Tj ET Q q 0 0 0 rg BT 320.48 379.85 Td (our ) Tj ET Q q 0 0 0 rg BT 338.25 379.85 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 399.42 379.85 Td (In ) Tj ET Q q 0 0 0 rg BT 410.10 379.85 Td (April, ) Tj ET Q q 0 0 0 rg BT 437.03 379.85 Td (for ) Tj ET Q q 0 0 0 rg BT 451.75 379.85 Td (example, ) Tj ET Q q 0 0 0 rg BT 498.25 379.85 Td (we ) Tj ET Q q 0 0 0 rg BT 514.19 379.85 Td (expanded ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 366.65 Td (our ) Tj ET Q q 0 0 0 rg BT 68.75 366.65 Td (channel ) Tj ET Q q 0 0 0 rg BT 110.64 366.65 Td (and ) Tj ET Q q 0 0 0 rg BT 132.35 366.65 Td (HD ) Tj ET Q q 0 0 0 rg BT 151.60 366.65 Td (line-up ) Tj ET Q q 0 0 0 rg BT 187.97 366.65 Td (in ) Tj ET Q q 0 0 0 rg BT 199.89 366.65 Td (certain ) Tj ET Q q 0 0 0 rg BT 236.26 366.65 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 268.34 366.65 Td (regions ) Tj ET Q q 0 0 0 rg BT 307.78 366.65 Td (by ) Tj ET Q q 0 0 0 rg BT 322.75 366.65 Td (up ) Tj ET Q q 0 0 0 rg BT 338.34 366.65 Td (to ) Tj ET Q q 0 0 0 rg BT 350.87 366.65 Td (eight ) Tj ET Q q 0 0 0 rg BT 377.86 366.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 395.27 366.65 Td (and ) Tj ET Q q 0 0 0 rg BT 416.98 366.65 Td (20 ) Tj ET Q q 0 0 0 rg BT 432.57 366.65 Td (radio ) Tj ET Q q 0 0 0 rg BT 460.39 366.65 Td (channels, ) Tj ET Q q 0 0 0 rg BT 510.83 366.65 Td (which ) Tj ET Q q 0 0 0 rg BT 542.31 366.65 Td (now ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 353.45 Td (total ) Tj ET Q q 0 0 0 rg BT 73.67 353.45 Td (over ) Tj ET Q q 0 0 0 rg BT 98.45 353.45 Td (190 ) Tj ET Q q 0 0 0 rg BT 119.97 353.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 137.40 353.45 Td (\(of ) Tj ET Q q 0 0 0 rg BT 153.62 353.45 Td (which ) Tj ET Q q 0 0 0 rg BT 185.13 353.45 Td (124 ) Tj ET Q q 0 0 0 rg BT 206.86 353.45 Td (also ) Tj ET Q q 0 0 0 rg BT 230.42 353.45 Td (in ) Tj ET Q q 0 0 0 rg BT 242.37 353.45 Td (HD\) ) Tj ET Q q 0 0 0 rg BT 265.30 353.45 Td (and ) Tj ET Q q 0 0 0 rg BT 287.03 353.45 Td (200 ) Tj ET Q q 0 0 0 rg BT 308.77 353.45 Td (radio ) Tj ET Q q 0 0 0 rg BT 336.61 353.45 Td (channels. ) Tj ET Q q 0 0 0 rg BT 387.08 353.45 Td (In ) Tj ET Q q 0 0 0 rg BT 399.63 353.45 Td (addition, ) Tj ET Q q 0 0 0 rg BT 444.60 353.45 Td (at ) Tj ET Q q 0 0 0 rg BT 457.16 353.45 Td (the ) Tj ET Q q 0 0 0 rg BT 475.83 353.45 Td (beginning ) Tj ET Q q 0 0 0 rg BT 526.92 353.45 Td (of ) Tj ET Q q 0 0 0 rg BT 539.48 353.45 Td (May) Tj ET Q q 0 0 0 rg BT 559.44 353.45 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 340.25 Td (we ) Tj ET Q q 0 0 0 rg BT 66.18 340.25 Td (launched ) Tj ET Q q 0 0 0 rg BT 113.45 340.25 Td (our ) Tj ET Q q 0 0 0 rg BT 131.97 340.25 Td (MyPrime ) Tj ET Q q 0 0 0 rg BT 177.98 340.25 Td (SV) Tj ET Q q 0 0 0 rg BT 192.05 340.25 Td (oD ) Tj ET Q q 0 0 0 rg BT 208.73 340.25 Td (service ) Tj ET Q q 0 0 0 rg BT 246.19 340.25 Td (as ) Tj ET Q q 0 0 0 rg BT 260.43 340.25 Td (well ) Tj ET Q q 0 0 0 rg BT 282.00 340.25 Td (as ) Tj ET Q q 0 0 0 rg BT 296.24 340.25 Td (our ) Tj ET Q q 0 0 0 rg BT 314.76 340.25 Td ("Horizon ) Tj ET Q q 0 0 0 rg BT 359.19 340.25 Td (Light" ) Tj ET Q q 0 0 0 rg BT 389.56 340.25 Td (product ) Tj ET Q q 0 0 0 rg BT 428.88 340.25 Td (with ) Tj ET Q q 0 0 0 rg BT 451.06 340.25 Td (Replay ) Tj ET Q q 0 0 0 rg BT 487.75 340.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 504.43 340.25 Td (functionality ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 327.05 Td (in ) Tj ET Q q 0 0 0 rg BT 61.12 327.05 Td (Slovakia. ) Tj ET Q q 0 0 0 rg BT 108.81 327.05 Td (W) Tj ET Q q 0 0 0 rg BT 118.99 327.05 Td (e ) Tj ET Q q 0 0 0 rg BT 128.17 327.05 Td (expect ) Tj ET Q q 0 0 0 rg BT 163.63 327.05 Td (to ) Tj ET Q q 0 0 0 rg BT 175.86 327.05 Td (also ) Tj ET Q q 0 0 0 rg BT 199.10 327.05 Td (expand ) Tj ET Q q 0 0 0 rg BT 238.24 327.05 Td (our ) Tj ET Q q 0 0 0 rg BT 257.19 327.05 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 298.15 327.05 Td (Light ) Tj ET Q q 0 0 0 rg BT 325.06 327.05 Td (product ) Tj ET Q q 0 0 0 rg BT 364.81 327.05 Td (to ) Tj ET Q q 0 0 0 rg BT 377.04 327.05 Td (more ) Tj ET Q q 0 0 0 rg BT 405.16 327.05 Td (CEE ) Tj ET Q q 0 0 0 rg BT 430.83 327.05 Td (countries ) Tj ET Q q 0 0 0 rg BT 478.52 327.05 Td (during ) Tj ET Q q 0 0 0 rg BT 512.16 327.05 Td (the ) Tj ET Q q 0 0 0 rg BT 530.50 327.05 Td (year) Tj ET Q q 0 0 0 rg BT 551.29 327.05 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 300.65 Td (Moving ) Tj ET Q q 0 0 0 rg BT 88.40 300.65 Td (to ) Tj ET Q q 0 0 0 rg BT 101.01 300.65 Td (broadband, ) Tj ET Q q 0 0 0 rg BT 160.10 300.65 Td (we ) Tj ET Q q 0 0 0 rg BT 177.60 300.65 Td (added ) Tj ET Q q 0 0 0 rg BT 211.63 300.65 Td (32,000 ) Tj ET Q q 0 0 0 rg BT 248.71 300.65 Td (internet ) Tj ET Q q 0 0 0 rg BT 288.83 300.65 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 322.21 300.65 Td (in ) Tj ET Q q 0 0 0 rg BT 334.21 300.65 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 355.38 300.65 Td (10,000 ) Tj ET Q q 0 0 0 rg BT 392.46 300.65 Td (fewer ) Tj ET Q q 0 0 0 rg BT 422.80 300.65 Td (than ) Tj ET Q q 0 0 0 rg BT 447.64 300.65 Td (in ) Tj ET Q q 0 0 0 rg BT 459.64 300.65 Td (the ) Tj ET Q q 0 0 0 rg BT 478.37 300.65 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 528.87 300.65 Td (period. ) Tj ET Q q 0 0 0 rg BT 565.56 300.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 287.45 Td (The ) Tj ET Q q 0 0 0 rg BT 71.68 287.45 Td (lower ) Tj ET Q q 0 0 0 rg BT 101.18 287.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 148.44 287.45 Td (were ) Tj ET Q q 0 0 0 rg BT 175.50 287.45 Td (mainly ) Tj ET Q q 0 0 0 rg BT 210.51 287.45 Td (attributable ) Tj ET Q q 0 0 0 rg BT 268.16 287.45 Td (to ) Tj ET Q q 0 0 0 rg BT 280.55 287.45 Td (our ) Tj ET Q q 0 0 0 rg BT 299.67 287.45 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 331.62 287.45 Td (operations, ) Tj ET Q q 0 0 0 rg BT 389.27 287.45 Td (where ) Tj ET Q q 0 0 0 rg BT 422.45 287.45 Td (activation ) Tj ET Q q 0 0 0 rg BT 472.14 287.45 Td (fees ) Tj ET Q q 0 0 0 rg BT 496.15 287.45 Td (for ) Tj ET Q q 0 0 0 rg BT 512.21 287.45 Td (our ) Tj ET Q q 0 0 0 rg BT 531.33 287.45 Td (lowest ) Tj ET Q q 0 0 0 rg BT 565.57 287.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 274.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 105.49 274.25 Td (tier ) Tj ET Q q 0 0 0 rg BT 124.15 274.25 Td (have ) Tj ET Q q 0 0 0 rg BT 151.38 274.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 202.46 274.25 Td (and ) Tj ET Q q 0 0 0 rg BT 224.19 274.25 Td (we ) Tj ET Q q 0 0 0 rg BT 241.64 274.25 Td (have ) Tj ET Q q 0 0 0 rg BT 268.87 274.25 Td (implemented ) Tj ET Q q 0 0 0 rg BT 335.23 274.25 Td (price ) Tj ET Q q 0 0 0 rg BT 362.45 274.25 Td (increases ) Tj ET Q q 0 0 0 rg BT 412.91 274.25 Td (for ) Tj ET Q q 0 0 0 rg BT 429.13 274.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 465.53 274.25 Td (of ) Tj ET Q q 0 0 0 rg BT 478.08 274.25 Td (our ) Tj ET Q q 0 0 0 rg BT 497.36 274.25 Td (other ) Tj ET Q q 0 0 0 rg BT 525.81 274.25 Td (internet ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 261.05 Td (tiers ) Tj ET Q q 0 0 0 rg BT 73.06 261.05 Td (in ) Tj ET Q q 0 0 0 rg BT 84.40 261.05 Td (an ) Tj ET Q q 0 0 0 rg BT 99.41 261.05 Td (environment ) Tj ET Q q 0 0 0 rg BT 162.72 261.05 Td (where ) Tj ET Q q 0 0 0 rg BT 195.45 261.05 Td (competitors' ) Tj ET Q q 0 0 0 rg BT 257.18 261.05 Td (broadband ) Tj ET Q q 0 0 0 rg BT 312.57 261.05 Td (pricing ) Tj ET Q q 0 0 0 rg BT 347.75 261.05 Td (remained ) Tj ET Q q 0 0 0 rg BT 396.38 261.05 Td (flat ) Tj ET Q q 0 0 0 rg BT 413.83 261.05 Td (during ) Tj ET Q q 0 0 0 rg BT 447.19 261.05 Td (Q1. ) Tj ET Q q 0 0 0 rg BT 467.69 261.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 488.81 261.05 Td (price ) Tj ET Q q 0 0 0 rg BT 515.43 261.05 Td (increases ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 247.85 Td (for ) Tj ET Q q 0 0 0 rg BT 65.13 247.85 Td (our ) Tj ET Q q 0 0 0 rg BT 83.82 247.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 139.22 247.85 Td (internet ) Tj ET Q q 0 0 0 rg BT 178.70 247.85 Td (products ) Tj ET Q q 0 0 0 rg BT 223.69 247.85 Td (are ) Tj ET Q q 0 0 0 rg BT 242.38 247.85 Td (supported ) Tj ET Q q 0 0 0 rg BT 294.10 247.85 Td (by ) Tj ET Q q 0 0 0 rg BT 308.51 247.85 Td (increased ) Tj ET Q q 0 0 0 rg BT 359.00 247.85 Td (speeds. ) Tj ET Q q 0 0 0 rg BT 400.32 247.85 Td (For ) Tj ET Q q 0 0 0 rg BT 419.61 247.85 Td (example, ) Tj ET Q q 0 0 0 rg BT 467.04 247.85 Td (on ) Tj ET Q q 0 0 0 rg BT 482.07 247.85 Td (a ) Tj ET Q q 0 0 0 rg BT 490.98 247.85 Td (year-over-year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 234.65 Td (basis, ) Tj ET Q q 0 0 0 rg BT 82.14 234.65 Td (we ) Tj ET Q q 0 0 0 rg BT 100.11 234.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 151.72 234.65 Td (the ) Tj ET Q q 0 0 0 rg BT 170.92 234.65 Td (average ) Tj ET Q q 0 0 0 rg BT 214.58 234.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 271.09 234.65 Td (speed ) Tj ET Q q 0 0 0 rg BT 304.97 234.65 Td (in ) Tj ET Q q 0 0 0 rg BT 317.44 234.65 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 378.20 234.65 Td (by ) Tj ET Q q 0 0 0 rg BT 393.73 234.65 Td (35% ) Tj ET Q q 0 0 0 rg BT 419.65 234.65 Td (to146 ) Tj ET Q q 0 0 0 rg BT 451.09 234.65 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 481.90 234.65 Td (and ) Tj ET Q q 0 0 0 rg BT 504.16 234.65 Td (doubled ) Tj ET Q q 0 0 0 rg BT 547.22 234.65 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 221.45 Td (average ) Tj ET Q q 0 0 0 rg BT 91.78 221.45 Td (speed ) Tj ET Q q 0 0 0 rg BT 124.27 221.45 Td (in ) Tj ET Q q 0 0 0 rg BT 135.36 221.45 Td (the ) Tj ET Q q 0 0 0 rg BT 153.18 221.45 Td (Czech ) Tj ET Q q 0 0 0 rg BT 186.89 221.45 Td (Republic ) Tj ET Q q 0 0 0 rg BT 232.21 221.45 Td (to ) Tj ET Q q 0 0 0 rg BT 243.92 221.45 Td (141 ) Tj ET Q q 0 0 0 rg BT 264.79 221.45 Td (Mbps. ) Tj ET Q q 0 0 0 rg BT 297.11 221.45 Td (T) Tj ET Q q 0 0 0 rg BT 302.61 221.45 Td (o ) Tj ET Q q 0 0 0 rg BT 311.26 221.45 Td (fully ) Tj ET Q q 0 0 0 rg BT 333.34 221.45 Td (support ) Tj ET Q q 0 0 0 rg BT 372.56 221.45 Td (these ) Tj ET Q q 0 0 0 rg BT 402.00 221.45 Td (superior ) Tj ET Q q 0 0 0 rg BT 444.26 221.45 Td (speeds ) Tj ET Q q 0 0 0 rg BT 482.26 221.45 Td (across ) Tj ET Q q 0 0 0 rg BT 517.18 221.45 Td (the ) Tj ET Q q 0 0 0 rg BT 535.00 221.45 Td (entire ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 208.25 Td (home, ) Tj ET Q q 0 0 0 rg BT 84.61 208.25 Td (we ) Tj ET Q q 0 0 0 rg BT 103.20 208.25 Td (have ) Tj ET Q q 0 0 0 rg BT 131.59 208.25 Td (introduced ) Tj ET Q q 0 0 0 rg BT 187.49 208.25 Td (in ) Tj ET Q q 0 0 0 rg BT 200.59 208.25 Td (all ) Tj ET Q q 0 0 0 rg BT 216.13 208.25 Td (UPC ) Tj ET Q q 0 0 0 rg BT 243.88 208.25 Td (countries ) Tj ET Q q 0 0 0 rg BT 293.05 208.25 Td (the ) Tj ET Q q 0 0 0 rg BT 312.88 208.25 Td (new ) Tj ET Q q 0 0 0 rg BT 337.59 208.25 Td ("Connect" ) Tj ET Q q 0 0 0 rg BT 390.90 208.25 Td (box, ) Tj ET Q q 0 0 0 rg BT 416.23 208.25 Td (our ) Tj ET Q q 0 0 0 rg BT 436.66 208.25 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 517.64 208.25 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 544.16 208.25 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 195.05 Td (telephone ) Tj ET Q q 0 0 0 rg BT 100.88 195.05 Td (gateway) Tj ET Q q 0 0 0 rg BT 141.03 195.05 Td (, ) Tj ET Q q 0 0 0 rg BT 147.15 195.05 Td (and ) Tj ET Q q 0 0 0 rg BT 168.56 195.05 Td (the ) Tj ET Q q 0 0 0 rg BT 186.90 195.05 Td (initial ) Tj ET Q q 0 0 0 rg BT 215.03 195.05 Td (consumer ) Tj ET Q q 0 0 0 rg BT 266.38 195.05 Td (response ) Tj ET Q q 0 0 0 rg BT 314.69 195.05 Td (has ) Tj ET Q q 0 0 0 rg BT 335.48 195.05 Td (been ) Tj ET Q q 0 0 0 rg BT 363.01 195.05 Td (positive. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 168.65 Td (With ) Tj ET Q q 0 0 0 rg BT 74.73 168.65 Td (regard ) Tj ET Q q 0 0 0 rg BT 109.76 168.65 Td (to ) Tj ET Q q 0 0 0 rg BT 122.16 168.65 Td (our ) Tj ET Q q 0 0 0 rg BT 141.29 168.65 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 188.55 168.65 Td (telephony ) Tj ET Q q 0 0 0 rg BT 239.48 168.65 Td (products, ) Tj ET Q q 0 0 0 rg BT 287.96 168.65 Td (we ) Tj ET Q q 0 0 0 rg BT 305.25 168.65 Td (doubled ) Tj ET Q q 0 0 0 rg BT 347.63 168.65 Td (our ) Tj ET Q q 0 0 0 rg BT 366.76 168.65 Td (RGU ) Tj ET Q q 0 0 0 rg BT 394.44 168.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 441.70 168.65 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 516.45 168.65 Td (to ) Tj ET Q q 0 0 0 rg BT 528.86 168.65 Td (44,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 155.45 Td (in ) Tj ET Q q 0 0 0 rg BT 61.16 155.45 Td (the ) Tj ET Q q 0 0 0 rg BT 79.55 155.45 Td (first ) Tj ET Q q 0 0 0 rg BT 100.36 155.45 Td (quarter ) Tj ET Q q 0 0 0 rg BT 138.31 155.45 Td (of ) Tj ET Q q 0 0 0 rg BT 150.58 155.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 181.21 155.45 Td (primarily ) Tj ET Q q 0 0 0 rg BT 225.86 155.45 Td (driven ) Tj ET Q q 0 0 0 rg BT 258.92 155.45 Td (by ) Tj ET Q q 0 0 0 rg BT 273.63 155.45 Td (improved ) Tj ET Q q 0 0 0 rg BT 321.97 155.45 Td (results ) Tj ET Q q 0 0 0 rg BT 357.46 155.45 Td (in ) Tj ET Q q 0 0 0 rg BT 369.12 155.45 Td (Romania, ) Tj ET Q q 0 0 0 rg BT 419.29 155.45 Td (Poland, ) Tj ET Q q 0 0 0 rg BT 459.70 155.45 Td (Hungary ) Tj ET Q q 0 0 0 rg BT 504.37 155.45 Td (and ) Tj ET Q q 0 0 0 rg BT 525.21 155.45 Td (Austria. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 142.25 Td (This ) Tj ET Q q 0 0 0 rg BT 72.05 142.25 Td (was ) Tj ET Q q 0 0 0 rg BT 93.39 142.25 Td (partly ) Tj ET Q q 0 0 0 rg BT 122.06 142.25 Td (of) Tj ET Q q 0 0 0 rg BT 131.03 142.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 150.53 142.25 Td (by ) Tj ET Q q 0 0 0 rg BT 163.92 142.25 Td (lower ) Tj ET Q q 0 0 0 rg BT 191.98 142.25 Td (voice ) Tj ET Q q 0 0 0 rg BT 219.43 142.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 265.23 142.25 Td (in ) Tj ET Q q 0 0 0 rg BT 275.57 142.25 Td (Switzerland. ) Tj ET Q q 0 0 0 rg BT 337.25 142.25 Td (Moving ) Tj ET Q q 0 0 0 rg BT 374.48 142.25 Td (to ) Tj ET Q q 0 0 0 rg BT 385.43 142.25 Td (mobile, ) Tj ET Q q 0 0 0 rg BT 422.66 142.25 Td (we ) Tj ET Q q 0 0 0 rg BT 438.49 142.25 Td (added ) Tj ET Q q 0 0 0 rg BT 470.85 142.25 Td (19,000 ) Tj ET Q q 0 0 0 rg BT 506.27 142.25 Td (subscribers ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 129.05 Td (in ) Tj ET Q q 0 0 0 rg BT 59.69 129.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 76.00 129.05 Td (to ) Tj ET Q q 0 0 0 rg BT 86.80 129.05 Td (boost ) Tj ET Q q 0 0 0 rg BT 115.34 129.05 Td (our ) Tj ET Q q 0 0 0 rg BT 132.87 129.05 Td (total ) Tj ET Q q 0 0 0 rg BT 155.29 129.05 Td (base ) Tj ET Q q 0 0 0 rg BT 180.78 129.05 Td (to ) Tj ET Q q 0 0 0 rg BT 191.58 129.05 Td (106,000. ) Tj ET Q q 0 0 0 rg BT 236.03 129.05 Td (Key ) Tj ET Q q 0 0 0 rg BT 256.62 129.05 Td (contributors ) Tj ET Q q 0 0 0 rg BT 315.72 129.05 Td (to ) Tj ET Q q 0 0 0 rg BT 326.52 129.05 Td (this ) Tj ET Q q 0 0 0 rg BT 345.27 129.05 Td (result ) Tj ET Q q 0 0 0 rg BT 373.80 129.05 Td (were ) Tj ET Q q 0 0 0 rg BT 399.27 129.05 Td (solid ) Tj ET Q q 0 0 0 rg BT 423.53 129.05 Td (performances ) Tj ET Q q 0 0 0 rg BT 492.41 129.05 Td (in ) Tj ET Q q 0 0 0 rg BT 502.60 129.05 Td (Switzerland, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 115.85 Td (where, ) Tj ET Q q 0 0 0 rg BT 86.27 115.85 Td (in ) Tj ET Q q 0 0 0 rg BT 98.58 115.85 Td (line ) Tj ET Q q 0 0 0 rg BT 119.46 115.85 Td (with ) Tj ET Q q 0 0 0 rg BT 142.77 115.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 161.19 115.85 Td (additions, ) Tj ET Q q 0 0 0 rg BT 212.03 115.85 Td (we ) Tj ET Q q 0 0 0 rg BT 229.85 115.85 Td (added ) Tj ET Q q 0 0 0 rg BT 264.19 115.85 Td (8,000 ) Tj ET Q q 0 0 0 rg BT 295.46 115.85 Td (new ) Tj ET Q q 0 0 0 rg BT 319.40 115.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 355.55 115.85 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 400.89 115.85 Td (SIMs, ) Tj ET Q q 0 0 0 rg BT 432.75 115.85 Td (and ) Tj ET Q q 0 0 0 rg BT 454.86 115.85 Td (in ) Tj ET Q q 0 0 0 rg BT 467.17 115.85 Td (Hungary) Tj ET Q q 0 0 0 rg BT 507.93 115.85 Td (, ) Tj ET Q q 0 0 0 rg BT 514.74 115.85 Td (where ) Tj ET Q q 0 0 0 rg BT 548.45 115.85 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 102.65 Td (added ) Tj ET Q q 0 0 0 rg BT 84.76 102.65 Td (7,000 ) Tj ET Q q 0 0 0 rg BT 116.96 102.65 Td (mobile ) Tj ET Q q 0 0 0 rg BT 154.03 102.65 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 218.00 102.65 Td (In ) Tj ET Q q 0 0 0 rg BT 231.84 102.65 Td (March ) Tj ET Q q 0 0 0 rg BT 267.08 102.65 Td (2016, ) Tj ET Q q 0 0 0 rg BT 299.27 102.65 Td (we ) Tj ET Q q 0 0 0 rg BT 318.01 102.65 Td (launched ) Tj ET Q q 0 0 0 rg BT 367.33 102.65 Td (a ) Tj ET Q q 0 0 0 rg BT 378.12 102.65 Td (new ) Tj ET Q q 0 0 0 rg BT 402.97 102.65 Td (mobile ) Tj ET Q q 0 0 0 rg BT 440.04 102.65 Td (campaign ) Tj ET Q q 0 0 0 rg BT 492.41 102.65 Td (in ) Tj ET Q q 0 0 0 rg BT 505.64 102.65 Td (Switzerland ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 89.45 Td (promoting ) Tj ET Q q 0 0 0 rg BT 101.26 89.45 Td (our ) Tj ET Q q 0 0 0 rg BT 120.00 89.45 Td (mid-tier ) Tj ET Q q 0 0 0 rg BT 159.51 89.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 194.76 89.45 Td (product ) Tj ET Q q 0 0 0 rg BT 234.30 89.45 Td (for ) Tj ET Q q 0 0 0 rg BT 249.98 89.45 Td (CHF25 ) Tj ET Q q 0 0 0 rg BT 287.66 89.45 Td (\(reduced ) Tj ET Q q 0 0 0 rg BT 333.92 89.45 Td (from ) Tj ET Q q 0 0 0 rg BT 358.77 89.45 Td (CHF40\) ) Tj ET Q q 0 0 0 rg BT 400.12 89.45 Td (for ) Tj ET Q q 0 0 0 rg BT 415.80 89.45 Td (customers ) Tj ET Q q 0 0 0 rg BT 469.38 89.45 Td (who ) Tj ET Q q 0 0 0 rg BT 492.40 89.45 Td (also ) Tj ET Q q 0 0 0 rg BT 515.42 89.45 Td (subscribe ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 76.25 Td (to ) Tj ET Q q 0 0 0 rg BT 61.73 76.25 Td (our ) Tj ET Q q 0 0 0 rg BT 80.68 76.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 136.35 76.25 Td (services.) Tj ET Q /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I65 Do Q endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (27) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 712.00 Td (W) Tj ET Q q 0 0 0 rg BT 59.68 712.00 Td (e ) Tj ET Q q 0 0 0 rg BT 69.23 712.00 Td (have ) Tj ET Q q 0 0 0 rg BT 96.51 712.00 Td (made ) Tj ET Q q 0 0 0 rg BT 127.45 712.00 Td (great ) Tj ET Q q 0 0 0 rg BT 155.95 712.00 Td (progress ) Tj ET Q q 0 0 0 rg BT 202.18 712.00 Td (on ) Tj ET Q q 0 0 0 rg BT 217.84 712.00 Td (the ) Tj ET Q q 0 0 0 rg BT 236.56 712.00 Td (B2B) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 257.35 717.25 Td (22) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 265.30 712.00 Td ( ) Tj ET Q q 0 0 0 rg BT 268.73 712.00 Td (\(including ) Tj ET Q q 0 0 0 rg BT 319.24 712.00 Td (SOHO\) ) Tj ET Q q 0 0 0 rg BT 358.73 712.00 Td (front ) Tj ET Q q 0 0 0 rg BT 384.17 712.00 Td (in ) Tj ET Q q 0 0 0 rg BT 396.15 712.00 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 414.26 712.00 Td (2016. ) Tj ET Q q 0 0 0 rg BT 445.21 712.00 Td (In ) Tj ET Q q 0 0 0 rg BT 457.81 712.00 Td (Switzerland, ) Tj ET Q q 0 0 0 rg BT 521.15 712.00 Td (we ) Tj ET Q q 0 0 0 rg BT 538.64 712.00 Td (have ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.80 Td (launched ) Tj ET Q q 0 0 0 rg BT 97.28 698.80 Td (new ) Tj ET Q q 0 0 0 rg BT 120.58 698.80 Td (500 ) Tj ET Q q 0 0 0 rg BT 142.07 698.80 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 172.09 698.80 Td ("Fiber ) Tj ET Q q 0 0 0 rg BT 204.19 698.80 Td (Power ) Tj ET Q q 0 0 0 rg BT 238.49 698.80 Td (Secure" ) Tj ET Q q 0 0 0 rg BT 280.38 698.80 Td (SME ) Tj ET Q q 0 0 0 rg BT 307.34 698.80 Td (of) Tj ET Q q 0 0 0 rg BT 316.32 698.80 Td (ferings, ) Tj ET Q q 0 0 0 rg BT 355.52 698.80 Td (which ) Tj ET Q q 0 0 0 rg BT 386.77 698.80 Td (of) Tj ET Q q 0 0 0 rg BT 395.75 698.80 Td (fer ) Tj ET Q q 0 0 0 rg BT 411.71 698.80 Td (a ) Tj ET Q q 0 0 0 rg BT 420.96 698.80 Td (superior ) Tj ET Q q 0 0 0 rg BT 463.82 698.80 Td (data ) Tj ET Q q 0 0 0 rg BT 488.36 698.80 Td (connection ) Tj ET Q q 0 0 0 rg BT 544.70 698.80 Td (in ) Tj ET Q q 0 0 0 rg BT 556.39 698.80 Td (a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 685.60 Td (market ) Tj ET Q q 0 0 0 rg BT 85.54 685.60 Td (where ) Tj ET Q q 0 0 0 rg BT 117.93 685.60 Td (the ) Tj ET Q q 0 0 0 rg BT 135.65 685.60 Td (competitors' ) Tj ET Q q 0 0 0 rg BT 197.03 685.60 Td (fiber ) Tj ET Q q 0 0 0 rg BT 220.85 685.60 Td (build-out ) Tj ET Q q 0 0 0 rg BT 265.47 685.60 Td (has ) Tj ET Q q 0 0 0 rg BT 285.64 685.60 Td (been ) Tj ET Q q 0 0 0 rg BT 312.53 685.60 Td (largely ) Tj ET Q q 0 0 0 rg BT 347.36 685.60 Td (focused ) Tj ET Q q 0 0 0 rg BT 388.32 685.60 Td (on ) Tj ET Q q 0 0 0 rg BT 402.98 685.60 Td (residential ) Tj ET Q q 0 0 0 rg BT 455.54 685.60 Td (dwellings. ) Tj ET Q q 0 0 0 rg BT 506.27 685.60 Td (In ) Tj ET Q q 0 0 0 rg BT 517.87 685.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 534.97 685.60 Td (2016, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 672.40 Td (B2B ) Tj ET Q q 0 0 0 rg BT 74.07 672.40 Td (\(including ) Tj ET Q q 0 0 0 rg BT 124.93 672.40 Td (SOHO\) ) Tj ET Q q 0 0 0 rg BT 164.77 672.40 Td (accounted ) Tj ET Q q 0 0 0 rg BT 219.31 672.40 Td (for ) Tj ET Q q 0 0 0 rg BT 235.93 672.40 Td (10% ) Tj ET Q q 0 0 0 rg BT 261.72 672.40 Td (of ) Tj ET Q q 0 0 0 rg BT 274.68 672.40 Td (UPC's ) Tj ET Q q 0 0 0 rg BT 309.28 672.40 Td (total ) Tj ET Q q 0 0 0 rg BT 333.85 672.40 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 380.44 672.40 Td (W) Tj ET Q q 0 0 0 rg BT 390.63 672.40 Td (e ) Tj ET Q q 0 0 0 rg BT 400.52 672.40 Td (believe ) Tj ET Q q 0 0 0 rg BT 439.16 672.40 Td (we ) Tj ET Q q 0 0 0 rg BT 457.00 672.40 Td (are ) Tj ET Q q 0 0 0 rg BT 476.68 672.40 Td (well ) Tj ET Q q 0 0 0 rg BT 499.41 672.40 Td (positioned ) Tj ET Q q 0 0 0 rg BT 553.34 672.40 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 659.20 Td (further ) Tj ET Q q 0 0 0 rg BT 84.35 659.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 128.98 659.20 Td (our ) Tj ET Q q 0 0 0 rg BT 147.94 659.20 Td (B2B ) Tj ET Q q 0 0 0 rg BT 171.78 659.20 Td (\(including ) Tj ET Q q 0 0 0 rg BT 221.92 659.20 Td (SOHO\) ) Tj ET Q q 0 0 0 rg BT 261.04 659.20 Td (market ) Tj ET Q q 0 0 0 rg BT 297.71 659.20 Td (share ) Tj ET Q q 0 0 0 rg BT 328.28 659.20 Td (and ) Tj ET Q q 0 0 0 rg BT 349.69 659.20 Td (drive ) Tj ET Q q 0 0 0 rg BT 376.59 659.20 Td (organic ) Tj ET Q q 0 0 0 rg BT 415.72 659.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 458.53 659.20 Td (growth.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 632.80 Td (During ) Tj ET Q q 0 0 0 rg BT 84.00 632.80 Td (2016, ) Tj ET Q q 0 0 0 rg BT 113.63 632.80 Td (we ) Tj ET Q q 0 0 0 rg BT 129.80 632.80 Td (are ) Tj ET Q q 0 0 0 rg BT 147.79 632.80 Td (planning ) Tj ET Q q 0 0 0 rg BT 191.49 632.80 Td (to ) Tj ET Q q 0 0 0 rg BT 202.76 632.80 Td (connect ) Tj ET Q q 0 0 0 rg BT 243.39 632.80 Td (to ) Tj ET Q q 0 0 0 rg BT 254.67 632.80 Td (our ) Tj ET Q q 0 0 0 rg BT 272.67 632.80 Td (network ) Tj ET Q q 0 0 0 rg BT 313.28 632.80 Td (or ) Tj ET Q q 0 0 0 rg BT 325.17 632.80 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 367.64 632.80 Td (to ) Tj ET Q q 0 0 0 rg BT 378.91 632.80 Td (two-way ) Tj ET Q q 0 0 0 rg BT 421.35 632.80 Td (service ) Tj ET Q q 0 0 0 rg BT 458.30 632.80 Td (approximately ) Tj ET Q q 0 0 0 rg BT 528.88 632.80 Td (50,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 619.60 Td (homes ) Tj ET Q q 0 0 0 rg BT 85.38 619.60 Td (in ) Tj ET Q q 0 0 0 rg BT 96.81 619.60 Td (our ) Tj ET Q 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BT 248.23 606.40 Td (W) Tj ET Q q 0 0 0 rg BT 258.41 606.40 Td (e ) Tj ET Q q 0 0 0 rg BT 267.93 606.40 Td (will ) Tj ET Q q 0 0 0 rg BT 286.61 606.40 Td (initially ) Tj ET Q q 0 0 0 rg BT 323.03 606.40 Td (focus ) Tj ET Q q 0 0 0 rg BT 352.73 606.40 Td (our ) Tj ET Q q 0 0 0 rg BT 372.03 606.40 Td (construction ) Tj ET Q q 0 0 0 rg BT 434.74 606.40 Td (ef) Tj ET Q q 0 0 0 rg BT 443.72 606.40 Td (forts ) Tj ET Q q 0 0 0 rg BT 468.52 606.40 Td (on ) Tj ET Q q 0 0 0 rg BT 484.16 606.40 Td (areas ) Tj ET Q q 0 0 0 rg BT 515.08 606.40 Td (where ) Tj ET Q q 0 0 0 rg BT 548.44 606.40 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 593.20 Td (believe ) Tj ET Q q 0 0 0 rg BT 87.58 593.20 Td (demand ) Tj ET Q q 0 0 0 rg BT 130.56 593.20 Td (to ) Tj ET Q q 0 0 0 rg BT 142.96 593.20 Td (be ) Tj ET Q q 0 0 0 rg BT 158.42 593.20 Td (the ) Tj ET Q q 0 0 0 rg BT 176.93 593.20 Td (greatest ) Tj ET Q q 0 0 0 rg BT 219.90 593.20 Td (and ) Tj ET Q q 0 0 0 rg BT 241.48 593.20 Td (expect ) Tj ET Q q 0 0 0 rg BT 277.12 593.20 Td (that ) Tj ET Q q 0 0 0 rg BT 298.69 593.20 Td (our ) Tj ET Q q 0 0 0 rg BT 317.81 593.20 Td (RGU ) Tj ET Q q 0 0 0 rg BT 345.48 593.20 Td (additions ) Tj ET Q q 0 0 0 rg BT 392.74 593.20 Td (in ) Tj ET Q q 0 0 0 rg BT 404.52 593.20 Td (2016 ) Tj ET Q q 0 0 0 rg BT 432.22 593.20 Td (will ) Tj ET Q q 0 0 0 rg BT 450.72 593.20 Td (benefit ) Tj ET Q q 0 0 0 rg BT 486.97 593.20 Td (from ) Tj ET Q q 0 0 0 rg BT 512.19 593.20 Td (these ) Tj ET Q q 0 0 0 rg BT 542.33 593.20 Td (new ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 580.00 Td (premises. ) Tj ET Q q 0 0 0 rg BT 100.01 580.00 Td (During ) Tj ET Q q 0 0 0 rg BT 135.24 580.00 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 155.79 580.00 Td (we ) Tj ET Q q 0 0 0 rg BT 172.68 580.00 Td (added ) Tj ET Q q 0 0 0 rg BT 206.09 580.00 Td (over ) Tj ET Q q 0 0 0 rg BT 230.32 580.00 Td (70,000 ) Tj ET Q q 0 0 0 rg BT 266.79 580.00 Td (homes ) Tj ET Q q 0 0 0 rg BT 302.63 580.00 Td (in ) Tj ET Q q 0 0 0 rg BT 314.02 580.00 Td (CEE, ) Tj ET Q q 0 0 0 rg BT 342.52 580.00 Td (mainly ) Tj ET Q q 0 0 0 rg BT 377.13 580.00 Td (in ) Tj ET Q q 0 0 0 rg BT 388.52 580.00 Td (Poland, ) Tj ET Q q 0 0 0 rg BT 428.65 580.00 Td (Hungary ) Tj ET Q q 0 0 0 rg BT 473.06 580.00 Td (and ) Tj ET Q q 0 0 0 rg BT 494.24 580.00 Td (Romania, ) Tj ET Q q 0 0 0 rg BT 544.14 580.00 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 566.80 Td (started ) Tj ET Q q 0 0 0 rg BT 86.56 566.80 Td (to ) Tj ET Q q 0 0 0 rg BT 99.17 566.80 Td (also ) Tj ET Q q 0 0 0 rg BT 122.78 566.80 Td (connect ) Tj ET Q q 0 0 0 rg BT 164.74 566.80 Td (certain ) Tj ET Q q 0 0 0 rg BT 201.19 566.80 Td (new ) Tj ET Q q 0 0 0 rg BT 224.81 566.80 Td (premises ) Tj ET Q q 0 0 0 rg BT 272.86 566.80 Td (in ) Tj ET Q q 0 0 0 rg BT 284.86 566.80 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 345.15 566.80 Td (and ) Tj ET Q q 0 0 0 rg BT 366.25 566.80 Td (Austria. ) Tj ET Q q 0 0 0 rg BT 406.98 566.80 Td (W) Tj ET Q q 0 0 0 rg BT 417.16 566.80 Td (e ) Tj ET Q q 0 0 0 rg BT 426.71 566.80 Td (remain ) Tj ET Q q 0 0 0 rg BT 463.77 566.80 Td (on ) Tj ET Q q 0 0 0 rg BT 479.44 566.80 Td (track ) Tj ET Q q 0 0 0 rg BT 506.71 566.80 Td (to ) Tj ET Q q 0 0 0 rg BT 519.32 566.80 Td (meet ) Tj ET Q q 0 0 0 rg BT 547.21 566.80 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 553.60 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 129.00 553.60 Td (targeted ) Tj ET Q q 0 0 0 rg BT 172.42 553.60 Td (homes ) Tj ET Q q 0 0 0 rg BT 208.49 553.60 Td (for ) Tj ET Q q 0 0 0 rg BT 224.38 553.60 Td (2016.) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 522.80 Td (Financial Summary) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 496.40 Td (On ) Tj ET Q q 0 0 0 rg BT 66.48 496.40 Td (a ) Tj ET Q q 0 0 0 rg BT 74.91 496.40 Td (rebased ) Tj ET Q q 0 0 0 rg BT 116.96 496.40 Td (basis, ) Tj ET Q q 0 0 0 rg BT 148.01 496.40 Td (total ) Tj ET Q q 0 0 0 rg BT 171.11 496.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 213.16 496.40 Td (increased ) Tj ET Q q 0 0 0 rg BT 263.17 496.40 Td (2% ) Tj ET Q q 0 0 0 rg BT 281.37 496.40 Td (to ) Tj ET Q q 0 0 0 rg BT 292.85 496.40 Td (634 ) Tj ET Q q 0 0 0 rg BT 319.63 496.40 Td (million ) Tj ET Q q 0 0 0 rg BT 353.11 496.40 Td (for ) Tj ET Q q 0 0 0 rg BT 368.26 496.40 Td (the ) Tj ET Q q 0 0 0 rg BT 385.85 496.40 Td (three ) Tj ET Q q 0 0 0 rg BT 413.23 496.40 Td (months ) Tj ET Q q 0 0 0 rg BT 451.61 496.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 484.51 496.40 Td (March ) Tj ET Q q 0 0 0 rg BT 517.38 496.40 Td (31, ) Tj ET Q q 0 0 0 rg BT 534.98 496.40 Td (2016, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 483.20 Td (as ) Tj ET Q q 0 0 0 rg BT 64.76 483.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 117.33 483.20 Td (to ) Tj ET Q q 0 0 0 rg BT 130.15 483.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 148.47 483.20 Td (2015. ) Tj ET Q q 0 0 0 rg BT 179.40 483.20 Td (This ) Tj ET Q q 0 0 0 rg BT 203.83 483.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 249.06 483.20 Td (was ) Tj ET Q q 0 0 0 rg BT 272.27 483.20 Td (driven ) Tj ET Q q 0 0 0 rg BT 305.87 483.20 Td (by ) Tj ET Q q 0 0 0 rg BT 321.14 483.20 Td (3% ) Tj ET Q q 0 0 0 rg BT 340.68 483.20 Td (rebased ) Tj ET Q q 0 0 0 rg BT 384.08 483.20 Td (growth ) Tj ET Q q 0 0 0 rg BT 420.74 483.20 Td (in ) Tj ET Q q 0 0 0 rg BT 432.95 483.20 Td (our ) Tj ET Q q 0 0 0 rg BT 452.50 483.20 Td (CEE ) Tj ET Q q 0 0 0 rg BT 478.76 483.20 Td (segment ) Tj ET Q q 0 0 0 rg BT 524.60 483.20 Td (and ) Tj ET Q q 0 0 0 rg BT 546.60 483.20 Td (2% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 470.00 Td (rebased ) Tj ET Q q 0 0 0 rg BT 91.62 470.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 127.01 470.00 Td (in ) Tj ET Q q 0 0 0 rg BT 137.94 470.00 Td (our ) Tj ET Q q 0 0 0 rg BT 156.21 470.00 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 230.72 470.00 Td (segment. ) Tj ET Q q 0 0 0 rg BT 278.33 470.00 Td (Key ) Tj ET Q q 0 0 0 rg BT 299.66 470.00 Td (drivers ) Tj ET Q q 0 0 0 rg BT 335.04 470.00 Td (in ) Tj ET Q q 0 0 0 rg BT 345.97 470.00 Td (the ) Tj ET Q q 0 0 0 rg BT 363.63 470.00 Td (CEE ) Tj ET Q q 0 0 0 rg BT 388.62 470.00 Td (region ) Tj ET Q q 0 0 0 rg BT 421.57 470.00 Td ( ) Tj ET Q q 0 0 0 rg BT 423.94 470.00 Td (include ) Tj ET Q q 0 0 0 rg BT 461.17 470.00 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 473.31 470.00 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 526.42 470.00 Td (growth, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 456.80 Td (primarily ) Tj ET Q q 0 0 0 rg BT 94.30 456.80 Td (in ) Tj ET Q q 0 0 0 rg BT 106.11 456.80 Td (Hungary) Tj ET Q q 0 0 0 rg BT 146.87 456.80 Td (, ) Tj ET Q q 0 0 0 rg BT 153.18 456.80 Td (Romania ) Tj ET Q q 0 0 0 rg BT 200.44 456.80 Td (and ) Tj ET Q q 0 0 0 rg BT 222.04 456.80 Td (Poland, ) Tj ET Q q 0 0 0 rg BT 262.60 456.80 Td (and ) Tj ET Q q 0 0 0 rg BT 284.20 456.80 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 299.66 456.80 Td (lower ) Tj ET Q q 0 0 0 rg BT 328.55 456.80 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 362.36 456.80 Td (per ) Tj ET Q q 0 0 0 rg BT 381.50 456.80 Td (RGU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 405.95 462.05 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 409.92 456.80 Td ( ) Tj ET Q q 0 0 0 rg BT 413.17 456.80 Td (in ) Tj ET Q q 0 0 0 rg BT 424.98 456.80 Td (all ) Tj ET Q q 0 0 0 rg BT 439.23 456.80 Td (CEE ) Tj ET Q q 0 0 0 rg BT 465.10 456.80 Td (countries, ) Tj ET Q q 0 0 0 rg BT 516.03 456.80 Td (excluding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 443.60 Td (our ) Tj ET Q q 0 0 0 rg BT 68.37 443.60 Td (DTH ) Tj ET Q q 0 0 0 rg BT 93.95 443.60 Td (operation. ) Tj ET Q q 0 0 0 rg BT 145.85 443.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 167.16 443.60 Td (rebased ) Tj ET Q q 0 0 0 rg BT 209.88 443.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 252.61 443.60 Td (growth ) Tj ET Q q 0 0 0 rg BT 288.60 443.60 Td (in ) Tj ET Q q 0 0 0 rg BT 300.13 443.60 Td (Switzerland/Austria ) Tj ET Q q 0 0 0 rg BT 397.25 443.60 Td (was ) Tj ET Q q 0 0 0 rg BT 419.79 443.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 464.31 443.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 521.71 443.60 Td (to ) Tj ET Q q 0 0 0 rg BT 533.86 443.60 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 550.28 443.60 Td (an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 430.40 Td (increase ) Tj ET Q q 0 0 0 rg BT 95.12 430.40 Td (in ) Tj ET Q q 0 0 0 rg BT 107.72 430.40 Td (cable ) Tj ET Q q 0 0 0 rg BT 138.05 430.40 Td (subscription ) Tj ET Q q 0 0 0 rg BT 200.79 430.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 244.58 430.40 Td (that ) Tj ET Q q 0 0 0 rg BT 266.97 430.40 Td (was ) Tj ET Q q 0 0 0 rg BT 290.57 430.40 Td (driven ) Tj ET Q q 0 0 0 rg BT 324.57 430.40 Td (by ) Tj ET Q q 0 0 0 rg BT 340.23 430.40 Td (higher ) Tj ET Q q 0 0 0 rg BT 374.04 430.40 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 408.64 430.40 Td (per ) Tj ET Q q 0 0 0 rg BT 428.58 430.40 Td (RGU ) Tj ET Q q 0 0 0 rg BT 457.06 430.40 Td (and ) Tj ET Q q 0 0 0 rg BT 479.46 430.40 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 496.94 430.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 533.99 430.40 Td (in ) Tj ET Q q 0 0 0 rg BT 546.60 430.40 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 417.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 84.96 417.20 Td (operations. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 390.80 Td (Rebased ) Tj ET Q q 0 0 0 rg BT 96.55 390.80 Td (Segment ) Tj ET Q q 0 0 0 rg BT 143.59 390.80 Td (OCF ) Tj ET Q q 0 0 0 rg BT 169.83 390.80 Td (increased ) Tj ET Q q 0 0 0 rg BT 220.54 390.80 Td (4% ) Tj ET Q q 0 0 0 rg BT 239.45 390.80 Td (to ) Tj ET Q q 0 0 0 rg BT 251.64 390.80 Td (334 ) Tj ET Q q 0 0 0 rg BT 279.13 390.80 Td (million ) Tj ET Q q 0 0 0 rg BT 313.32 390.80 Td (in ) Tj ET Q q 0 0 0 rg BT 324.89 390.80 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 345.64 390.80 Td (as ) Tj ET Q q 0 0 0 rg BT 360.27 390.80 Td (compared ) Tj ET Q q 0 0 0 rg BT 412.20 390.80 Td (to ) Tj ET Q q 0 0 0 rg BT 424.39 390.80 Td (the ) Tj ET Q q 0 0 0 rg BT 442.70 390.80 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 515.43 390.80 Td (prior-year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 377.60 Td (period. ) Tj ET Q q 0 0 0 rg BT 86.50 377.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 108.20 377.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 126.24 377.60 Td (results ) Tj ET Q q 0 0 0 rg BT 162.00 377.60 Td (were ) Tj ET Q q 0 0 0 rg BT 189.21 377.60 Td (driven ) Tj ET Q q 0 0 0 rg BT 222.54 377.60 Td (by ) Tj ET Q q 0 0 0 rg BT 237.52 377.60 Td (our ) Tj ET Q q 0 0 0 rg BT 256.78 377.60 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 332.28 377.60 Td (segment, ) Tj ET Q q 0 0 0 rg BT 380.89 377.60 Td (which ) Tj ET Q q 0 0 0 rg BT 412.38 377.60 Td (posted ) Tj ET Q q 0 0 0 rg BT 448.77 377.60 Td (rebased ) Tj ET Q q 0 0 0 rg BT 491.89 377.60 Td (Segment ) Tj ET Q q 0 0 0 rg BT 539.28 377.60 Td (OCF ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 364.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 85.97 364.40 Td (of ) Tj ET Q q 0 0 0 rg BT 98.60 364.40 Td (8%, ) Tj ET Q q 0 0 0 rg BT 121.00 364.40 Td (primarily ) Tj ET Q q 0 0 0 rg BT 166.01 364.40 Td (due ) Tj ET Q q 0 0 0 rg BT 187.82 364.40 Td (to ) Tj ET Q q 0 0 0 rg BT 200.45 364.40 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 213.67 364.40 Td (the ) Tj ET Q q 0 0 0 rg BT 232.41 364.40 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 312.31 364.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 355.51 364.40 Td (increases, ) Tj ET Q q 0 0 0 rg BT 409.10 364.40 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 424.77 364.40 Td (lower ) Tj ET Q q 0 0 0 rg BT 454.51 364.40 Td (network-related ) Tj ET Q q 0 0 0 rg BT 533.77 364.40 Td (costs, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 351.20 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 69.18 351.20 Td (lower ) Tj ET Q q 0 0 0 rg BT 100.50 351.20 Td (marketing ) Tj ET Q q 0 0 0 rg BT 153.82 351.20 Td (spend ) Tj ET Q q 0 0 0 rg BT 188.81 351.20 Td (related ) Tj ET Q q 0 0 0 rg BT 227.47 351.20 Td (to ) Tj ET Q q 0 0 0 rg BT 241.67 351.20 Td (higher ) Tj ET Q q 0 0 0 rg BT 277.28 351.20 Td (spend ) Tj ET Q q 0 0 0 rg BT 312.27 351.20 Td (in ) Tj ET Q q 0 0 0 rg BT 325.86 351.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 345.56 351.20 Td (2015 ) Tj ET Q q 0 0 0 rg BT 375.06 351.20 Td (associated ) Tj ET Q q 0 0 0 rg BT 432.67 351.20 Td (with ) Tj ET Q q 0 0 0 rg BT 457.26 351.20 Td (our ) Tj ET Q q 0 0 0 rg BT 478.18 351.20 Td (analog ) Tj ET Q q 0 0 0 rg BT 516.24 351.20 Td (switch-of) Tj ET Q q 0 0 0 rg BT 559.44 351.20 Td (f ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 338.00 Td (campaigns ) Tj ET Q q 0 0 0 rg BT 104.64 338.00 Td (and ) Tj ET Q q 0 0 0 rg BT 124.94 338.00 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 142.16 338.00 Td (lower ) Tj ET Q q 0 0 0 rg BT 170.39 338.00 Td (staf) Tj ET Q q 0 0 0 rg BT 187.92 338.00 Td (f-related ) Tj ET Q q 0 0 0 rg BT 230.23 338.00 Td (costs ) Tj ET Q q 0 0 0 rg BT 257.85 338.00 Td (associated ) Tj ET Q q 0 0 0 rg BT 312.38 338.00 Td (with ) Tj ET Q q 0 0 0 rg BT 333.89 338.00 Td (the ) Tj ET Q q 0 0 0 rg BT 351.13 338.00 Td (Swiss/Austria ) Tj ET Q q 0 0 0 rg BT 419.09 338.00 Td (integration. ) Tj ET Q q 0 0 0 rg BT 475.47 338.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 495.75 338.00 Td (CEE ) Tj ET Q q 0 0 0 rg BT 520.31 338.00 Td (segment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 324.80 Td (reported ) Tj ET Q q 0 0 0 rg BT 93.71 324.80 Td (a ) Tj ET Q q 0 0 0 rg BT 103.06 324.80 Td (rebased ) Tj ET Q q 0 0 0 rg BT 146.05 324.80 Td (decline ) Tj ET Q q 0 0 0 rg BT 184.15 324.80 Td (in ) Tj ET Q q 0 0 0 rg BT 195.94 324.80 Td (Segment ) Tj ET Q q 0 0 0 rg BT 243.21 324.80 Td (OCF ) Tj ET Q q 0 0 0 rg BT 269.66 324.80 Td (of ) Tj ET Q q 0 0 0 rg BT 282.07 324.80 Td (3% ) Tj ET Q q 0 0 0 rg BT 301.21 324.80 Td (in ) Tj ET Q q 0 0 0 rg BT 313.01 324.80 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 333.97 324.80 Td (driven ) Tj ET Q q 0 0 0 rg BT 367.17 324.80 Td (by ) Tj ET Q q 0 0 0 rg BT 382.03 324.80 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 398.71 324.80 Td (higher ) Tj ET Q q 0 0 0 rg BT 432.52 324.80 Td (staf) Tj ET Q q 0 0 0 rg BT 450.05 324.80 Td (f-related ) Tj ET Q q 0 0 0 rg BT 493.64 324.80 Td (and ) Tj ET Q q 0 0 0 rg BT 515.23 324.80 Td (sales ) Tj ET Q q 0 0 0 rg BT 544.15 324.80 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 311.60 Td (marketing ) Tj ET Q q 0 0 0 rg BT 100.33 311.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 128.54 311.60 Td (related ) Tj ET Q q 0 0 0 rg BT 164.71 311.60 Td (to ) Tj ET Q q 0 0 0 rg BT 176.42 311.60 Td (new ) Tj ET Q q 0 0 0 rg BT 199.14 311.60 Td (build ) Tj ET Q q 0 0 0 rg BT 224.92 311.60 Td (activities, ) Tj ET Q q 0 0 0 rg BT 272.69 311.60 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 288.67 311.60 Td (higher ) Tj ET Q q 0 0 0 rg BT 321.78 311.60 Td (network-related ) Tj ET Q q 0 0 0 rg BT 400.13 311.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 428.34 311.60 Td (and ) Tj ET Q q 0 0 0 rg BT 449.23 311.60 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 464.60 311.60 Td (higher ) Tj ET Q q 0 0 0 rg BT 497.71 311.60 Td (programming ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 298.40 Td (costs ) Tj ET Q q 0 0 0 rg BT 78.52 298.40 Td (associated ) Tj ET Q q 0 0 0 rg BT 134.44 298.40 Td (with ) Tj ET Q q 0 0 0 rg BT 157.35 298.40 Td (our ) Tj ET Q q 0 0 0 rg BT 176.59 298.40 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 228.25 298.40 Td (video ) Tj ET Q q 0 0 0 rg BT 257.89 298.40 Td (of) Tj ET Q q 0 0 0 rg BT 266.87 298.40 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 306.06 298.40 Td (These ) Tj ET Q q 0 0 0 rg BT 339.98 298.40 Td ( ) Tj ET Q q 0 0 0 rg BT 343.32 298.40 Td (increased ) Tj ET Q q 0 0 0 rg BT 394.35 298.40 Td (costs ) Tj ET Q q 0 0 0 rg BT 423.37 298.40 Td (more ) Tj ET Q q 0 0 0 rg BT 451.77 298.40 Td (than ) Tj ET Q q 0 0 0 rg BT 476.52 298.40 Td (of) Tj ET Q q 0 0 0 rg BT 485.50 298.40 Td (fset ) Tj ET Q q 0 0 0 rg BT 506.57 298.40 Td (the ) Tj ET Q q 0 0 0 rg BT 525.20 298.40 Td (positive ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 285.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 92.78 285.20 Td (drivers ) Tj ET Q q 0 0 0 rg BT 129.31 285.20 Td (mentioned ) Tj ET Q q 0 0 0 rg BT 184.20 285.20 Td (above. ) Tj ET Q q 0 0 0 rg BT 220.75 285.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 268.30 285.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 295.05 285.20 Td (margin) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 328.67 290.45 Td (9) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 332.65 285.20 Td ( ) Tj ET Q q 0 0 0 rg BT 336.17 285.20 Td (increased ) Tj ET Q q 0 0 0 rg BT 387.39 285.20 Td (to ) Tj ET Q q 0 0 0 rg BT 400.09 285.20 Td (52.7% ) Tj ET Q q 0 0 0 rg BT 434.81 285.20 Td (in ) Tj ET Q q 0 0 0 rg BT 446.89 285.20 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 468.15 285.20 Td (an ) Tj ET Q q 0 0 0 rg BT 483.91 285.20 Td (expansion ) Tj ET Q q 0 0 0 rg BT 537.58 285.20 Td (of ) Tj ET Q q 0 0 0 rg BT 550.28 285.20 Td (80 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 272.00 Td (basis ) Tj ET Q q 0 0 0 rg BT 77.97 272.00 Td (points ) Tj ET Q q 0 0 0 rg BT 110.12 272.00 Td (year-over-year) Tj ET Q q 0 0 0 rg BT 181.04 272.00 Td (, ) Tj ET Q q 0 0 0 rg BT 186.89 272.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 231.24 272.00 Td (related ) Tj ET Q q 0 0 0 rg BT 267.67 272.00 Td (to ) Tj ET Q q 0 0 0 rg BT 279.64 272.00 Td (the ) Tj ET Q q 0 0 0 rg BT 297.72 272.00 Td (benefits ) Tj ET Q q 0 0 0 rg BT 339.04 272.00 Td (of ) Tj ET Q q 0 0 0 rg BT 351.01 272.00 Td (the ) Tj ET Q q 0 0 0 rg BT 369.10 272.00 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 444.03 272.00 Td (integration ) Tj ET Q q 0 0 0 rg BT 498.19 272.00 Td (and ) Tj ET Q q 0 0 0 rg BT 519.34 272.00 Td (the ) Tj ET Q q 0 0 0 rg BT 537.43 272.00 Td (other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 258.80 Td (factors ) Tj ET Q q 0 0 0 rg BT 85.57 258.80 Td (mentioned ) Tj ET Q q 0 0 0 rg BT 139.99 258.80 Td (above. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 232.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 96.69 232.40 Td (property ) Tj ET Q q 0 0 0 rg BT 140.22 232.40 Td (and ) Tj ET Q q 0 0 0 rg BT 161.74 232.40 Td (equipment ) Tj ET Q q 0 0 0 rg BT 216.27 232.40 Td (additions ) Tj ET Q q 0 0 0 rg BT 263.47 232.40 Td (were ) Tj ET Q q 0 0 0 rg BT 290.48 232.40 Td (16.9% ) Tj ET Q q 0 0 0 rg BT 324.84 232.40 Td (of ) Tj ET Q q 0 0 0 rg BT 337.18 232.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 380.10 232.40 Td (in ) Tj ET Q q 0 0 0 rg BT 391.83 232.40 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 409.67 232.40 Td (2016, ) Tj ET Q q 0 0 0 rg BT 440.37 232.40 Td (as ) Tj ET Q q 0 0 0 rg BT 455.16 232.40 Td (compared ) Tj ET Q q 0 0 0 rg BT 507.24 232.40 Td (to ) Tj ET Q q 0 0 0 rg BT 519.58 232.40 Td (14.9% ) Tj ET Q q 0 0 0 rg BT 553.94 232.40 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 219.20 Td (the ) Tj ET Q q 0 0 0 rg BT 67.56 219.20 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 117.39 219.20 Td (period. ) Tj ET Q q 0 0 0 rg BT 153.60 219.20 Td (The ) Tj ET Q q 0 0 0 rg BT 175.32 219.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 219.66 219.20 Td (in ) Tj ET Q q 0 0 0 rg BT 230.99 219.20 Td (P&E ) Tj ET Q q 0 0 0 rg BT 255.76 219.20 Td (spend ) Tj ET Q q 0 0 0 rg BT 288.50 219.20 Td (was ) Tj ET Q q 0 0 0 rg BT 310.82 219.20 Td (mainly ) Tj ET Q q 0 0 0 rg BT 345.37 219.20 Td (related ) Tj ET Q q 0 0 0 rg BT 381.77 219.20 Td (to ) Tj ET Q q 0 0 0 rg BT 393.71 219.20 Td (higher ) Tj ET Q q 0 0 0 rg BT 427.05 219.20 Td (spend ) Tj ET Q q 0 0 0 rg BT 459.78 219.20 Td (for ) Tj ET Q q 0 0 0 rg BT 475.38 219.20 Td (customer ) Tj ET Q q 0 0 0 rg BT 523.38 219.20 Td (premise ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 206.00 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 107.16 206.00 Td (in ) Tj ET Q q 0 0 0 rg BT 118.95 206.00 Td (part ) Tj ET Q q 0 0 0 rg BT 141.14 206.00 Td (due ) Tj ET Q q 0 0 0 rg BT 162.73 206.00 Td (to ) Tj ET Q q 0 0 0 rg BT 175.14 206.00 Td (higher ) Tj ET Q q 0 0 0 rg BT 208.95 206.00 Td (video ) Tj ET Q q 0 0 0 rg BT 238.48 206.00 Td (sales ) Tj ET Q q 0 0 0 rg BT 267.39 206.00 Td (in ) Tj ET Q q 0 0 0 rg BT 279.19 206.00 Td (the ) Tj ET Q q 0 0 0 rg BT 297.71 206.00 Td (CEE ) Tj ET Q q 0 0 0 rg BT 323.57 206.00 Td (region, ) Tj ET Q q 0 0 0 rg BT 360.43 206.00 Td (and ) Tj ET Q q 0 0 0 rg BT 382.02 206.00 Td (higher ) Tj ET Q q 0 0 0 rg BT 415.83 206.00 Td (investments ) Tj ET Q q 0 0 0 rg BT 477.76 206.00 Td (in ) Tj ET Q q 0 0 0 rg BT 489.55 206.00 Td (line ) Tj ET Q q 0 0 0 rg BT 509.91 206.00 Td (extensions ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 192.80 Td (and ) Tj ET Q q 0 0 0 rg BT 70.91 192.80 Td (upgrade/rebuild ) Tj ET Q q 0 0 0 rg BT 150.41 192.80 Td (activities, ) Tj ET Q q 0 0 0 rg BT 198.70 192.80 Td (largely ) Tj ET Q q 0 0 0 rg BT 234.16 192.80 Td (due ) Tj ET Q q 0 0 0 rg BT 255.57 192.80 Td (to ) Tj ET Q q 0 0 0 rg BT 267.80 192.80 Td (our ) Tj ET Q q 0 0 0 rg BT 286.76 192.80 Td (new ) Tj ET Q q 0 0 0 rg BT 309.99 192.80 Td (build ) Tj ET Q q 0 0 0 rg BT 336.29 192.80 Td (activities ) Tj ET Q q 0 0 0 rg BT 381.52 192.80 Td (in ) Tj ET Q q 0 0 0 rg BT 393.14 192.80 Td (the ) Tj ET Q q 0 0 0 rg BT 411.49 192.80 Td (CEE ) Tj ET Q q 0 0 0 rg BT 437.16 192.80 Td (region.) Tj ET Q /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I66 Do Q endstream endobj 57 0 obj <> endobj 58 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (28) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Third-Party Debt, Capital Lease Obligations and Cash and Cash Equivalents) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 683.45 Td (The ) Tj ET Q q 0 0 0 rg BT 72.94 683.45 Td (following ) Tj ET Q q 0 0 0 rg BT 120.22 683.45 Td (table ) Tj ET Q q 0 0 0 rg BT 148.55 683.45 Td (details ) Tj ET Q q 0 0 0 rg BT 184.83 683.45 Td (the ) Tj ET Q q 0 0 0 rg BT 204.61 683.45 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 257.39 683.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 304.05 683.45 Td (and ) Tj ET Q q 0 0 0 rg BT 326.88 683.45 Td (euro ) Tj ET Q q 0 0 0 rg BT 353.38 683.45 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 408.01 683.45 Td (of ) Tj ET Q q 0 0 0 rg BT 421.67 683.45 Td (the ) Tj ET Q q 0 0 0 rg BT 441.44 683.45 Td (nominal ) Tj ET Q q 0 0 0 rg BT 484.44 683.45 Td (amount ) Tj ET Q q 0 0 0 rg BT 525.62 683.45 Td (of ) Tj ET Q q 0 0 0 rg BT 539.27 683.45 Td (UPC ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 670.25 Td (Holding's ) Tj ET Q q 0 0 0 rg BT 97.61 670.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 162.59 670.25 Td (third-party ) Tj ET Q q 0 0 0 rg BT 215.31 670.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 239.93 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 261.49 670.25 Td (its ) Tj ET Q q 0 0 0 rg BT 275.70 670.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 310.70 670.25 Td (lease ) Tj ET Q q 0 0 0 rg BT 340.21 670.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 396.01 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 417.57 670.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 444.02 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 465.58 670.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 492.02 670.25 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 550.88 670.25 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 657.05 Td (\(in ) Tj ET Q q 0 0 0 rg BT 64.78 657.05 Td (millions\): ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 623.55 m 409 623.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 623.55 m 413 623.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 623.55 m 482 623.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 623.55 m 562 623.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 600.55 m 409 600.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 623.55 m 482 623.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 600.55 m 482 600.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482 600.55 m 486 600.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 600.55 m 562 600.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 494.54999999999995 m 482 494.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 494.54999999999995 m 562 494.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 494.54999999999995 m 482 494.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 481.54999999999995 m 482 481.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 494.54999999999995 m 562 494.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 481.54999999999995 m 562 481.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 412.54999999999995 m 413 412.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 412.54999999999995 m 482 412.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 412.54999999999995 m 562 412.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 399.54999999999995 m 482 399.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 399.54999999999995 m 562 399.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 343.54999999999995 m 482 343.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 343.54999999999995 m 562 343.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 343.54999999999995 m 482 343.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 330.54999999999995 m 482 330.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 343.54999999999995 m 562 343.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 330.54999999999995 m 562 330.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 299.54999999999995 m 482 299.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 299.54999999999995 m 562 299.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 272.54999999999995 m 482 272.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 272.54999999999995 m 562 272.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 272.54999999999995 m 562 272.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 234.54999999999995 m 562 234.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 234.54999999999995 m 482 234.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 221.54999999999995 m 482 221.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 219.54999999999995 m 482 219.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 234.54999999999995 m 562 234.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 221.54999999999995 m 562 221.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 219.54999999999995 m 562 219.54999999999995 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.20 637.50 Td (March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.20 637.50 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.95 625.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.45 625.55 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 349.50 614.50 Td (Borrowing) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 352.95 605.50 Td (currency) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 459.45 604.95 Td ( equivalent) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 590.77 Td (Senior Credit Facility) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 577.77 Td (Facility AH \(LIBOR + 2.50%\) USD due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 253.70 577.77 Td (............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 577.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.75 577.77 Td (1,305.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.50 577.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 577.77 Td (1,146.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 577.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 577.77 Td (1,201.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 564.77 Td (7.250% USD Facility AC due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.00 564.77 Td (...........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 564.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 564.77 Td (675.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 564.77 Td (593.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 564.77 Td (621.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 551.77 Td (6.875% USD Facility AD due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.00 551.77 Td (...........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 551.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 551.77 Td (675.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 551.77 Td (593.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 551.77 Td (621.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 538.77 Td (4.000% EUR Facility AK due 2027) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.00 538.77 Td (...........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 538.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 538.77 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 538.77 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 538.77 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 525.77 Td (5.375% USD Facility AL due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 209.25 525.77 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 525.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.75 525.77 Td (1,140.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 525.77 Td (1,001.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 525.77 Td (1,049.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 512.17 Td (990.1 million Revolving Facility AM \(EURIBOR + 2.75%\) EUR due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.45 511.77 Td (.........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.15 512.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 512.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 497.77 Td (Elimination of Facilities AC, AD, AK and AL in consolidation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 319.35 497.77 Td (...............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.45 497.77 Td (\(2,787.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.15 497.77 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.45 497.77 Td (\(2,891.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.15 497.77 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 484.77 Td (Total Senior Credit Facilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.55 484.77 Td (.............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 484.77 Td (1,146.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 484.77 Td (1,201.0) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 467.77 Td (Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 454.77 Td (7.250% USD Senior Secured Notes due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.00 454.77 Td (.........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 454.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 454.77 Td (675.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 454.77 Td (593.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 454.77 Td (621.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 441.77 Td (6.875% USD Senior Secured Notes due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.00 441.77 Td (.........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 441.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 441.77 Td (675.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 441.77 Td (593.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 441.77 Td (621.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 428.77 Td (5.375% USD Senior Secured Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.00 428.77 Td (.........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 428.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.75 428.77 Td (1,140.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 428.77 Td (1,001.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 428.77 Td (1,049.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 415.77 Td (4.000% EUR Senior Secured Notes due 2027) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.00 415.77 Td (.........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 415.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 415.77 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 415.77 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 415.77 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 402.77 Td (Total Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.75 402.77 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 402.77 Td (2,787.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 402.77 Td (2,891.5) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 385.77 Td (Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 372.77 Td (6.375% EUR Senior Notes due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 223.10 372.77 Td (.......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 372.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 372.77 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 372.77 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 372.77 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 359.77 Td (6.750% EUR Senior Notes due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 223.10 359.77 Td (.......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 359.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 359.77 Td (450.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 359.77 Td (450.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 359.77 Td (450.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 346.77 Td (6.750% CHF Senior Notes due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 223.10 346.77 Td (.......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.25 346.77 Td (CHF 350.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 346.77 Td (320.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 346.77 Td (322.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 333.77 Td (Total Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 149.85 333.77 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 333.77 Td (1,370.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 333.77 Td (1,372.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 316.77 Td (Vendor financing) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 130.40 316.77 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 316.77 Td (579.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 316.77 Td (546.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 302.77 Td (Capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 163.75 302.77 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.65 302.77 Td (24.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 302.77 Td (22.7) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.00 289.77 Td (Total third-party debt and capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.55 289.77 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 289.77 Td (5,908.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 289.77 Td (6,033.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 275.77 Td (Unamortized premiums, discounts and deferred financing costs) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 331.08 280.54 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.55 275.77 Td (.......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.35 275.77 Td (\(40.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.15 275.77 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.35 275.77 Td (\(38.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.15 275.77 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 83.00 262.17 Td (Total carrying amount of third-party debt and capital lease) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 92.00 252.17 Td (obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 149.85 251.77 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 252.17 Td (5,868.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 252.17 Td (5,995.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 237.77 Td (Less: cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.90 237.77 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.65 237.77 Td (16.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 237.77 Td (139.0) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 224.77 Td (Net carrying amount of third-party debt and capital lease obligations) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 390.05 229.54 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.90 224.77 Td (..) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.50 224.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 224.77 Td (5,852.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 224.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 224.77 Td (5,856.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 206.77 Td (Exchange rate \($ to \)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 152.65 206.77 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 206.77 Td (1.1381) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 206.77 Td (1.0866) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 193.77 Td (Exchange rate \(CHF to \)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 169.30 193.77 Td (.....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 193.77 Td (1.0913) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 193.77 Td (1.0863) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 166.45 Td (At ) Tj ET Q q 0 0 0 rg BT 61.94 166.45 Td (March ) Tj ET Q q 0 0 0 rg BT 93.63 166.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 110.74 166.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 139.53 166.45 Td (our ) Tj ET Q q 0 0 0 rg BT 157.22 166.45 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 223.94 166.45 Td (third-party ) Tj ET Q q 0 0 0 rg BT 273.72 166.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 296.68 166.45 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 345.30 166.45 Td (cost) Tj ET Q BT /F2 10.50 Tf ET BT /F2 6.82 Tf ET q 0 0 0 rg BT 364.56 171.46 Td (23) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 372.15 166.45 Td ( ) Tj ET Q q 0 0 0 rg BT 374.66 166.45 Td (was ) Tj ET Q q 0 0 0 rg BT 395.85 166.45 Td (3.9%, ) Tj ET Q q 0 0 0 rg BT 425.22 166.45 Td (down ) Tj ET Q q 0 0 0 rg BT 452.84 166.45 Td (from ) Tj ET Q q 0 0 0 rg BT 476.35 166.45 Td (4.5% ) Tj ET Q q 0 0 0 rg BT 502.80 166.45 Td (at ) Tj ET Q q 0 0 0 rg BT 514.07 166.45 Td (December ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 153.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 66.59 153.85 Td (2015. ) Tj ET Q q 0 0 0 rg BT 95.19 153.85 Td (The ) Tj ET Q q 0 0 0 rg BT 115.77 153.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 161.46 153.85 Td (was ) Tj ET Q q 0 0 0 rg BT 182.62 153.85 Td (largely ) Tj ET Q q 0 0 0 rg BT 216.04 153.85 Td (the ) Tj ET Q q 0 0 0 rg BT 233.13 153.85 Td (result ) Tj ET Q q 0 0 0 rg BT 261.29 153.85 Td (of ) Tj ET Q q 0 0 0 rg BT 272.54 153.85 Td (re-striking ) Tj ET Q q 0 0 0 rg BT 321.12 153.85 Td (various ) Tj ET Q q 0 0 0 rg BT 357.46 153.85 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 410.13 153.85 Td (at ) Tj ET Q q 0 0 0 rg BT 421.38 153.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 448.96 153.85 Td (rates. ) Tj ET Q q 0 0 0 rg BT 477.55 153.85 Td (The ) Tj ET Q q 0 0 0 rg BT 498.13 153.85 Td (average ) Tj ET Q q 0 0 0 rg BT 538.57 153.85 Td (tenor ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 141.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.17 141.25 Td (our ) Tj ET Q q 0 0 0 rg BT 79.27 141.25 Td (third-party ) Tj ET Q q 0 0 0 rg BT 129.45 141.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 152.81 141.25 Td (was ) Tj ET Q q 0 0 0 rg BT 174.40 141.25 Td (over ) Tj ET Q q 0 0 0 rg BT 197.74 141.25 Td (7 ) Tj ET Q q 0 0 0 rg BT 206.50 141.25 Td (years. ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 116.05 Td (Based ) Tj ET Q q 0 0 0 rg BT 80.86 116.05 Td (on ) Tj ET Q q 0 0 0 rg BT 94.12 116.05 Td (the ) Tj ET Q q 0 0 0 rg BT 110.30 116.05 Td (results ) Tj ET Q q 0 0 0 rg BT 142.81 116.05 Td (for ) Tj ET Q q 0 0 0 rg BT 156.65 116.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 172.24 116.05 Td (2016, ) Tj ET Q q 0 0 0 rg BT 200.10 116.05 Td (and ) Tj ET Q q 0 0 0 rg BT 219.21 116.05 Td (subject ) Tj ET Q q 0 0 0 rg BT 254.06 116.05 Td (to ) Tj ET Q q 0 0 0 rg BT 264.40 116.05 Td (the ) Tj ET Q q 0 0 0 rg BT 280.58 116.05 Td (completion ) Tj ET Q q 0 0 0 rg BT 332.95 116.05 Td (of ) Tj ET Q q 0 0 0 rg BT 343.29 116.05 Td (our ) Tj ET Q q 0 0 0 rg BT 360.05 116.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 375.64 116.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 400.58 116.05 Td (compliance ) Tj ET Q q 0 0 0 rg BT 455.28 116.05 Td (reporting ) Tj ET Q q 0 0 0 rg BT 498.30 116.05 Td (requirements, ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 103.45 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 62.18 103.45 Td (the ) Tj ET Q q 0 0 0 rg BT 80.12 103.45 Td (ratio ) Tj ET Q q 0 0 0 rg BT 103.90 103.45 Td (of ) Tj ET Q q 0 0 0 rg BT 116.01 103.45 Td (Senior ) Tj ET Q q 0 0 0 rg BT 149.71 103.45 Td (Debt ) Tj ET Q q 0 0 0 rg BT 175.24 103.45 Td (to ) Tj ET Q q 0 0 0 rg BT 186.69 103.45 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 242.00 103.45 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 279.34 103.45 Td ( ) Tj ET Q q 0 0 0 rg BT 282.69 103.45 Td (\(last ) Tj ET Q q 0 0 0 rg BT 305.88 103.45 Td (two ) Tj ET Q q 0 0 0 rg BT 325.57 103.45 Td (quarters ) Tj ET Q q 0 0 0 rg BT 367.44 103.45 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 425.08 103.45 Td (was ) Tj ET Q q 0 0 0 rg BT 447.11 103.45 Td (3.33x ) Tj ET Q q 0 0 0 rg BT 476.14 103.45 Td (and ) Tj ET Q q 0 0 0 rg BT 497.01 103.45 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 512.02 103.45 Td (the ) Tj ET Q q 0 0 0 rg BT 529.97 103.45 Td (ratio ) Tj ET Q q 0 0 0 rg BT 553.75 103.45 Td (of ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 90.85 Td (T) Tj ET Q q 0 0 0 rg BT 54.75 90.85 Td (otal ) Tj ET Q q 0 0 0 rg BT 75.11 90.85 Td (Debt ) Tj ET Q q 0 0 0 rg BT 100.71 90.85 Td (to ) Tj ET Q q 0 0 0 rg BT 112.22 90.85 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 167.60 90.85 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 204.95 90.85 Td ( ) Tj ET Q q 0 0 0 rg BT 208.37 90.85 Td (\(last ) Tj ET Q q 0 0 0 rg BT 231.64 90.85 Td (two ) Tj ET Q q 0 0 0 rg BT 251.40 90.85 Td (quarters ) Tj ET Q q 0 0 0 rg BT 293.35 90.85 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 351.07 90.85 Td (was ) Tj ET Q q 0 0 0 rg BT 373.17 90.85 Td (4.44x, ) Tj ET Q q 0 0 0 rg BT 405.20 90.85 Td (each ) Tj ET Q q 0 0 0 rg BT 431.39 90.85 Td (as ) Tj ET Q q 0 0 0 rg BT 445.91 90.85 Td (calculated ) Tj ET Q q 0 0 0 rg BT 496.62 90.85 Td (in ) Tj ET Q q 0 0 0 rg BT 508.22 90.85 Td (accordance ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 78.25 Td (with ) Tj ET Q q 0 0 0 rg BT 71.87 78.25 Td (our ) Tj ET Q q 0 0 0 rg BT 90.74 78.25 Td (most ) Tj ET Q q 0 0 0 rg BT 117.19 78.25 Td (restrictive ) Tj ET Q q 0 0 0 rg BT 165.80 78.25 Td (covenants. ) Tj ET Q q 0 0 0 rg BT 219.55 78.25 Td (As ) Tj ET Q q 0 0 0 rg BT 235.49 78.25 Td (of ) Tj ET Q q 0 0 0 rg BT 247.95 78.25 Td (March ) Tj ET Q q 0 0 0 rg BT 280.81 78.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 299.10 78.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 329.07 78.25 Td (we ) Tj ET Q q 0 0 0 rg BT 346.19 78.25 Td (had ) Tj ET Q q 0 0 0 rg BT 367.40 78.25 Td (maximum ) Tj ET Q q 0 0 0 rg BT 416.60 78.25 Td (undrawn ) Tj ET Q q 0 0 0 rg BT 460.57 78.25 Td (commitments ) Tj ET Q q 0 0 0 rg BT 526.69 78.25 Td (of ) Tj ET Q q 0 0 0 rg BT 539.15 78.25 Td (990 ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 65.65 Td (million.) Tj ET Q BT /F2 10.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 82.18 65.65 Td ( ) Tj ET Q BT /F2 10.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 85.51 65.65 Td (When ) Tj ET Q q 0 0 0 rg BT 116.27 65.65 Td (the ) Tj ET Q q 0 0 0 rg BT 134.19 65.65 Td (March ) Tj ET Q q 0 0 0 rg BT 166.70 65.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 184.63 65.65 Td (2016 ) Tj ET Q q 0 0 0 rg BT 211.32 65.65 Td (compliance ) Tj ET Q q 0 0 0 rg BT 267.76 65.65 Td (reporting ) Tj ET Q q 0 0 0 rg BT 312.53 65.65 Td (requirements ) Tj ET Q q 0 0 0 rg BT 377.14 65.65 Td (have ) Tj ET Q q 0 0 0 rg BT 403.24 65.65 Td (been ) Tj ET Q q 0 0 0 rg BT 429.93 65.65 Td (completed ) Tj ET Q q 0 0 0 rg BT 481.71 65.65 Td (and ) Tj ET Q q 0 0 0 rg BT 502.56 65.65 Td (assuming ) Tj ET Q q 0 0 0 rg BT 550.83 65.65 Td (no ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 53.05 Td (changes ) Tj ET Q q 0 0 0 rg BT 92.28 53.05 Td (from ) Tj ET Q q 0 0 0 rg BT 116.37 53.05 Td (March ) Tj ET Q q 0 0 0 rg BT 148.63 53.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 166.31 53.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 192.76 53.05 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 241.95 53.05 Td (levels, ) Tj ET Q q 0 0 0 rg BT 274.80 53.05 Td (we ) Tj ET Q q 0 0 0 rg BT 291.31 53.05 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 339.34 53.05 Td (685) Tj ET Q BT /F2 10.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 362.70 53.05 Td ( ) Tj ET Q BT /F2 10.50 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 365.79 53.05 Td (million ) Tj ET Q q 0 0 0 rg BT 398.63 53.05 Td (will ) Tj ET Q q 0 0 0 rg BT 416.30 53.05 Td (be ) Tj ET Q q 0 0 0 rg BT 431.06 53.05 Td (available ) Tj ET Q q 0 0 0 rg BT 475.60 53.05 Td (to ) Tj ET Q q 0 0 0 rg BT 487.44 53.05 Td (be ) Tj ET Q q 0 0 0 rg BT 502.21 53.05 Td (drawn ) Tj ET Q q 0 0 0 rg BT 533.89 53.05 Td (based ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 49.50 40.45 Td (on ) Tj ET Q q 0 0 0 rg BT 64.10 40.45 Td (our ) Tj ET Q q 0 0 0 rg BT 82.19 40.45 Td (most ) Tj ET Q q 0 0 0 rg BT 107.86 40.45 Td (restrictive ) Tj ET Q q 0 0 0 rg BT 155.70 40.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 179.06 40.45 Td (incurrence ) Tj ET Q q 0 0 0 rg BT 231.00 40.45 Td (covenant. ) Tj ET Q /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I67 Do Q endstream endobj 59 0 obj <> endobj 60 0 obj <> stream BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (29) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.70 408.40 Td (This page intentionally left blank) Tj ET Q endstream endobj 61 0 obj <> endobj 62 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (30) Tj ET Q BT /F2 20.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 688.75 Td (VTR Reports Preliminary Q1 2016 Results) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 650.35 Td (Robust Financial Results including 13% ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 334.70 650.35 Td (Y) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 343.90 650.35 Td (oY) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 363.18 650.35 Td ( Segment OCF Growth ) Tj ET Q BT /F2 16.00 Tf ET BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 619.15 Td (Strongest Quarterly Customer ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 265.59 619.15 Td (Additions in ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 352.46 619.15 Td (Three ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 398.41 619.15 Td (Y) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 407.62 619.15 Td (ears ) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 587.95 Td (Extending Broadband Speed with 160 Mbps Bundles) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 561.55 Td (VTR ) Tj ET Q q 0 0 0 rg BT 74.65 561.55 Td (Finance ) Tj ET Q q 0 0 0 rg BT 116.93 561.55 Td (B.V) Tj ET Q q 0 0 0 rg BT 133.65 561.55 Td (. ) Tj ET Q q 0 0 0 rg BT 139.85 561.55 Td (\("VTR"\) ) Tj ET Q q 0 0 0 rg BT 180.13 561.55 Td (is ) Tj ET Q q 0 0 0 rg BT 191.22 561.55 Td (the ) Tj ET Q q 0 0 0 rg BT 209.66 561.55 Td (leading ) Tj ET Q q 0 0 0 rg BT 248.29 561.55 Td (cable ) Tj ET Q q 0 0 0 rg BT 277.73 561.55 Td (operator ) Tj ET Q q 0 0 0 rg BT 321.85 561.55 Td (in ) Tj ET Q q 0 0 0 rg BT 333.56 561.55 Td (Chile, ) Tj ET Q q 0 0 0 rg BT 364.83 561.55 Td (of) Tj ET Q q 0 0 0 rg BT 373.80 561.55 Td (fering ) Tj ET Q q 0 0 0 rg BT 404.46 561.55 Td (video, ) Tj ET Q q 0 0 0 rg BT 436.96 561.55 Td (broadband ) Tj ET Q q 0 0 0 rg BT 492.72 561.55 Td (internet, ) Tj ET Q q 0 0 0 rg BT 535.61 561.55 Td (fixed-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 548.35 Td (line ) Tj ET Q q 0 0 0 rg BT 69.68 548.35 Td (telephony ) Tj ET Q q 0 0 0 rg BT 120.44 548.35 Td (and ) Tj ET Q q 0 0 0 rg BT 141.85 548.35 Td (mobile ) Tj ET Q q 0 0 0 rg BT 177.31 548.35 Td (voice ) Tj ET Q q 0 0 0 rg BT 206.05 548.35 Td (and ) Tj ET Q q 0 0 0 rg BT 227.46 548.35 Td (data ) Tj ET Q q 0 0 0 rg BT 251.92 548.35 Td (services ) Tj ET Q q 0 0 0 rg BT 295.32 548.35 Td (to ) Tj ET Q q 0 0 0 rg BT 307.55 548.35 Td (its ) Tj ET Q q 0 0 0 rg BT 321.60 548.35 Td (1.3 ) Tj ET Q q 0 0 0 rg BT 339.95 548.35 Td (million ) Tj ET Q q 0 0 0 rg BT 374.18 548.35 Td (customers. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 49.50 523.15 Td (Operating and financial highlights) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.34 523.15 Td (*) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 231.62 523.15 Td (:) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 497.35 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 497.35 Td (Delivered 16,000 customer) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 198.96 502.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 202.93 497.35 Td ( additions in Q1, our strongest quarterly result in three years) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 471.55 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 471.55 Td (Improved year-over-year video performance in combination with continued broadband success drove ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 458.35 Td (Q1 net additions of 16,000 RGUs) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 229.54 463.60 Td (3) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 432.55 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 432.55 Td (Further strengthened our customer proposition during Q1) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 80.50 412.73 cm /I68 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 415.75 Td (Enhanced the value of our of) Tj ET Q q 0 0 0 rg BT 238.96 415.75 Td (fers by adding 13 new HD channels) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 80.50 395.93 cm /I69 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 398.95 Td (With 63 HD channels and 80 Mbps broadband speed, the V) Tj ET Q q 0 0 0 rg BT 392.43 398.95 Td (ive Ms bundle is attracting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 385.75 Td (higher-end customers and improving our tier mix ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 80.50 365.93 cm /I70 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 368.95 Td (Increased our top broadband) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 239.77 374.20 Td (4) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 243.75 368.95 Td ( speed to 160 Mbps in February ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 343.15 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 343.15 Td (Maintained mobile subscriber) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 210.57 348.40 Td (17) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 218.52 343.15 Td ( base of 132,000 in Q1, a 12% increase from March 2015) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 317.35 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 317.35 Td (Commercial launch of B2B strategy in ) Tj ET Q q 0 0 0 rg BT 253.97 317.35 Td (April; provides fresh avenue for growth ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 291.55 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 291.55 Td (Revenue growth of 8% year-over-year to CLP) Tj ET Q q 0 0 0 rg BT 289.85 291.55 Td ( 140.2 billion, our best Q1 growth since 2013 ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 80.50 271.73 cm /I71 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 274.75 Td (Balanced combination of volume and ) Tj ET Q q 0 0 0 rg BT 281.34 274.75 Td (ARPU per RGU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 358.36 280.00 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 362.33 274.75 Td ( growth continued to fuel our top-line) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 80.50 254.93 cm /I72 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 257.95 Td (ARPU per customer increased 3% year-over-year to CLP) Tj ET Q q 0 0 0 rg BT 377.08 257.95 Td ( 33,049 in Q1) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 232.15 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 232.15 Td (Delivered Segment OCF) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 187.32 237.40 Td (8 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 193.29 232.15 Td (of CLP) Tj ET Q q 0 0 0 rg BT 226.72 232.15 Td ( 53.5 billion, reflecting year-over-year growth of 13%) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 206.35 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 206.35 Td (Operating income of CLP) Tj ET Q q 0 0 0 rg BT 190.81 206.35 Td ( 27.6 billion in Q1, an increase of 25% year-over-year) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 180.55 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 180.55 Td (Property and equipment additions) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 232.00 185.80 Td (10 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 241.93 180.55 Td (as a percentage of revenue increased to 26% in Q1 2016, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 167.35 Td (reflecting higher construction activity than in Q1 2015 ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 85.50 147.53 cm /I73 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 103.50 150.55 Td (Remain on track to connect or upgrade over 125,000 new homes in full-year 2016) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 124.75 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 124.75 Td (Strong credit profile with an average cost of debt) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 303.52 130.00 Td (23 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 313.46 124.75 Td (of 6.5% and tenure of nearly eight years) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 85.50 104.93 cm /I74 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 103.50 107.95 Td (Consolidated Net Leverage Ratio) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 265.55 113.20 Td (32) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 273.50 107.95 Td ( of 3.92x at March 31, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 54.00 45.55 Td (* 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 615.57 Td (2,568,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 615.57 Td (2,467,000) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 595.38525390625 m 147.5244140625 595.38525390625 l s q 0 0 0 rg BT 52.50 596.97 Td (Subscribers \(RGUs\)) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 147.52 601.74 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 581.97 Td (Basic V) Tj ET Q q 0 0 0 rg BT 86.22 581.97 Td (ideo) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 105.13 586.74 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 117.30 581.57 Td (.......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.00 581.97 Td (90,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 581.97 Td (106,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 566.97 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 106.81 566.97 Td (ideo) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 125.71 571.74 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 136.75 566.57 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.45 566.97 Td (940,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 566.97 Td (902,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 551.97 Td (Total Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.85 551.57 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 551.97 Td (1,030,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 551.97 Td (1,008,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 532.97 Td (Internet) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 86.41 537.74 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 95.10 532.57 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 532.97 Td (1,026,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 532.97 Td (954,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 517.97 Td (T) Tj ET Q q 0 0 0 rg BT 57.50 517.97 Td (elephony) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 98.09 522.74 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 106.20 517.57 Td (...........................................................................................................) 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.20 468.97 Td (\(3,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 468.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.20 468.97 Td (\(5,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 468.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 453.97 Td (Enhanced Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 128.40 453.57 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.55 453.97 Td (8,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.90 453.97 Td (400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 438.97 Td (Total Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.85 438.57 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.55 438.97 Td (4,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.20 438.97 Td (\(5,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 438.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 419.97 Td (Internet) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 89.50 419.57 Td (.................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.00 419.97 Td (23,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 419.97 Td (22,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 404.97 Td (Telephony) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 100.65 404.57 Td (.............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 404.97 Td (\(11,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 404.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 404.97 Td (7,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 389.97 Td (Total organic RGU net additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 214.55 389.57 Td (....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.00 389.97 Td (16,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 389.97 Td (25,600) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 369.38525390625 m 107.509765625 369.38525390625 l s q 0 0 0 rg BT 52.50 370.97 Td (Penetration) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 355.97 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 106.81 355.97 Td (ideo Subscribers as % of ) Tj ET Q q 0 0 0 rg BT 220.01 355.97 Td (T) Tj ET Q q 0 0 0 rg BT 225.01 355.97 Td (otal V) Tj ET Q q 0 0 0 rg BT 250.41 355.97 Td (ideo Subscribers) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 324.89 360.74 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 334.00 355.57 Td (.........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 355.97 Td (91.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 355.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 355.97 Td (89.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 355.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 340.97 Td (Internet as % of ) Tj ET Q q 0 0 0 rg BT 125.14 340.97 Td (T) Tj ET Q q 0 0 0 rg BT 130.69 340.97 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 235.18 345.74 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.10 340.57 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 340.97 Td (40.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 340.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 340.97 Td (38.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 340.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 325.97 Td (T) Tj ET Q q 0 0 0 rg BT 57.50 325.97 Td (elephony as % of ) Tj ET Q q 0 0 0 rg BT 136.82 325.97 Td (T) Tj ET Q q 0 0 0 rg BT 142.37 325.97 Td (wo-way Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 246.86 330.74 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.20 325.57 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 325.97 Td (26.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 325.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 325.97 Td (28.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 325.97 Td (%) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 305.38525390625 m 167.51953125 305.38525390625 l s q 0 0 0 rg BT 52.50 306.97 Td (Customer Relationships) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 291.97 Td (Customer Relationships) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 158.66 296.74 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 164.55 291.57 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 291.97 Td (1,279,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 291.97 Td (1,237,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 276.97 Td (RGUs per Customer Relationship) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 203.45 276.57 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 276.97 Td (2.14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 276.97 Td (2.15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 261.97 Td (Q1 Monthly ) Tj ET Q q 0 0 0 rg BT 105.86 261.97 Td (ARPU per Customer Relationship) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 254.81 266.74 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.80 261.57 Td (...................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.15 261.97 Td ( CLP 33,049) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 261.97 Td (CLP 32,210) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 241.38525390625 m 145.2734375 241.38525390625 l s q 0 0 0 rg BT 52.50 242.97 Td (Customer Bundling) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 227.97 Td (Single-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 106.20 227.57 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 227.97 Td (30.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 227.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 227.97 Td (31.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 227.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 212.97 Td (Double-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 111.75 212.57 Td (.........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 212.97 Td (24.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 212.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 212.97 Td (22.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 212.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 197.97 Td (Triple-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.40 197.57 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 197.97 Td (44.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 197.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 197.97 Td (46.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 197.97 Td (%) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 177.38525390625 m 144.74609375 177.38525390625 l s q 0 0 0 rg BT 52.50 178.97 Td (Mobile Subscribers) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 144.75 183.74 Td (17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 163.97 Td (Postpaid) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 95.10 163.57 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.45 163.97 Td (122,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 163.97 Td (104,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 149.57 Td (Prepaid) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 89.50 149.57 Td (.................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.55 149.57 Td (9,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 149.57 Td (12,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 135.57 Td (Total Mobile subscribers) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 181.20 135.57 Td (................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.45 135.57 Td (132,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 135.57 Td (117,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 116.57 Td (Q1 Postpaid net additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 170.10 116.57 Td (....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.55 116.57 Td (1,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 116.57 Td (14,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 102.57 Td (Q1 Prepaid net losses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.45 102.57 Td (..........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.20 102.57 Td (\(1,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 102.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.20 102.57 Td (\(7,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 102.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 88.57 Td (Total organic Mobile net additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.90 88.57 Td (.................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.60 88.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 88.57 Td (7,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 70.57 Td (Q1 Monthly ) Tj ET Q q 0 0 0 rg BT 105.86 70.57 Td (ARPU per Mobile Subscriber) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 233.69 75.34 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 56.57 Td (Excluding interconnect revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 211.75 56.57 Td (.....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.15 56.57 Td (CLP 15,714) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 56.57 Td (CLP 14,784) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 42.57 Td (Including interconnect revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 209.00 42.57 Td (......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.15 42.57 Td (CLP 17,382) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 42.57 Td (CLP 16,245) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 97.40 0 0 47.00 464.55 732.50 cm /I76 Do Q endstream endobj 65 0 obj <> endobj 66 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (32) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Financial Results, Segment OCF Reconciliation & Property and Equipment ) Tj ET Q BT /F2 14.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 693.05 Td (Additions ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 672.65 Td (The ) Tj ET Q q 0 0 0 rg BT 70.29 672.65 Td (following ) Tj ET Q q 0 0 0 rg BT 114.92 672.65 Td (table ) Tj ET Q q 0 0 0 rg BT 140.61 672.65 Td (reflects ) Tj ET Q q 0 0 0 rg BT 177.90 672.65 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 233.53 672.65 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 283.68 672.65 Td (selected ) Tj ET Q q 0 0 0 rg BT 326.49 672.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 368.68 672.65 Td (results ) Tj ET Q q 0 0 0 rg BT 402.91 672.65 Td (for ) Tj ET Q q 0 0 0 rg BT 417.58 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 434.71 672.65 Td (three ) Tj ET Q q 0 0 0 rg BT 461.62 672.65 Td (months ) Tj ET Q q 0 0 0 rg BT 499.52 672.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 531.94 672.65 Td (March ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 659.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 67.85 659.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 95.37 659.45 Td (and ) Tj ET Q q 0 0 0 rg BT 116.78 659.45 Td (2015. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 626.95 m 457 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 626.95 m 461 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 626.95 m 510 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 626.95 m 457 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 614.95 m 457 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 626.95 m 510 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 614.95 m 510 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 614.95 m 563 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 589.95 m 457 589.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 587.95 m 457 587.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 589.95 m 510 589.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 587.95 m 510 587.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 509.95 m 457 509.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 509.95 m 457 509.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 495.95 m 457 495.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 493.95 m 457 493.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 509.95 m 510 509.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 495.95 m 510 495.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 493.95 m 510 493.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 476.95 m 457 476.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 474.95 m 457 474.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 476.95 m 510 476.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 474.95 m 510 474.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 457.95 m 457 457.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 455.95 m 457 455.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 457.95 m 510 457.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 455.95 m 510 455.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 438.95 m 457 438.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 436.95 m 457 436.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 438.95 m 510 438.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 436.95 m 510 436.95 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.70 639.90 Td (Three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.20 630.90 Td (March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.45 617.90 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.95 617.90 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 521.45 617.90 Td (Change) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.30 605.95 Td (CLP in billions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 593.57 Td (Revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 95.10 593.17 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.55 593.57 Td (140.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.55 593.57 Td (130.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 593.57 Td (7.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 593.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 574.57 Td (Segment OCF) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 120.10 574.17 Td (......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 574.57 Td (53.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.10 574.57 Td (47.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 574.57 Td (12.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 574.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 559.57 Td (Share-based compensation expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 217.35 559.17 Td (...................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.35 559.57 Td (\(0.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.60 559.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.35 559.57 Td (\(0.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.60 559.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 544.57 Td (Related-party fees and allocations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.20 544.17 Td (.......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.35 544.57 Td (\(3.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.60 544.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.35 544.57 Td (\(1.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.60 544.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 529.57 Td (Depreciation and amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 189.55 529.17 Td (.............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.80 529.57 Td (\(22.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.60 529.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.80 529.57 Td (\(23.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.60 529.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 514.57 Td (Impairment, restructuring and other operating items, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.70 514.17 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.35 514.57 Td (\(0.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.60 514.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.35 514.57 Td (\(1.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.60 514.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 499.57 Td (Operating income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.45 499.17 Td (..........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 499.57 Td (27.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.10 499.57 Td (22.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 480.57 Td (Segment OCF as a percentage of revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.10 480.17 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 480.57 Td (38.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.60 480.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.10 480.57 Td (36.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.60 480.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 461.57 Td (Property and equipment additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.20 461.17 Td (.......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 461.57 Td (36.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.10 461.57 Td (25.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 442.57 Td (Property and equipment additions as a percentage of revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.45 442.17 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 442.57 Td (26.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.60 442.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.10 442.57 Td (19.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 500.60 442.57 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 409.65 Td (Subscriber Statistics) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 383.25 Td (VTR ) Tj ET Q q 0 0 0 rg BT 74.70 383.25 Td (delivered ) Tj ET Q q 0 0 0 rg BT 122.54 383.25 Td (a ) Tj ET Q q 0 0 0 rg BT 131.86 383.25 Td (strong ) Tj ET Q q 0 0 0 rg BT 165.63 383.25 Td (start ) Tj ET Q q 0 0 0 rg BT 190.23 383.25 Td (to ) Tj ET Q q 0 0 0 rg BT 202.60 383.25 Td (2016 ) Tj ET Q q 0 0 0 rg BT 230.27 383.25 Td (in ) Tj ET Q q 0 0 0 rg BT 242.03 383.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 272.73 383.25 Td (of ) Tj ET Q q 0 0 0 rg BT 285.11 383.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 333.54 383.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 369.76 383.25 Td (as ) Tj ET Q q 0 0 0 rg BT 384.58 383.25 Td (we ) Tj ET Q q 0 0 0 rg BT 401.84 383.25 Td (added ) Tj ET Q q 0 0 0 rg BT 435.63 383.25 Td (16,000 ) Tj ET Q q 0 0 0 rg BT 472.48 383.25 Td (organic ) Tj ET Q q 0 0 0 rg BT 511.75 383.25 Td (customers ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 370.05 Td (in ) Tj ET Q q 0 0 0 rg BT 61.02 370.05 Td (the ) Tj ET Q q 0 0 0 rg BT 79.26 370.05 Td (quarter) Tj ET Q q 0 0 0 rg BT 113.51 370.05 Td (, ) Tj ET Q q 0 0 0 rg BT 119.52 370.05 Td (our ) Tj ET Q q 0 0 0 rg BT 138.37 370.05 Td (best ) Tj ET Q q 0 0 0 rg BT 162.12 370.05 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 207.87 370.05 Td (result ) Tj ET Q q 0 0 0 rg BT 237.72 370.05 Td (in ) Tj ET Q q 0 0 0 rg BT 249.24 370.05 Td (three ) Tj ET Q q 0 0 0 rg BT 277.27 370.05 Td (years. ) Tj ET Q q 0 0 0 rg BT 310.17 370.05 Td (On ) Tj ET Q q 0 0 0 rg BT 327.80 370.05 Td (the ) Tj ET Q q 0 0 0 rg BT 346.05 370.05 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 399.74 370.05 Td (front, ) Tj ET Q q 0 0 0 rg BT 427.77 370.05 Td (we ) Tj ET Q q 0 0 0 rg BT 444.78 370.05 Td (added ) Tj ET Q q 0 0 0 rg BT 478.33 370.05 Td (16,000 ) Tj ET Q q 0 0 0 rg BT 514.92 370.05 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 550.88 370.05 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 356.85 Td (improvements ) Tj ET Q q 0 0 0 rg BT 121.20 356.85 Td (in ) Tj ET Q q 0 0 0 rg BT 132.38 356.85 Td (our ) Tj ET Q q 0 0 0 rg BT 150.90 356.85 Td (video ) Tj ET Q q 0 0 0 rg BT 179.82 356.85 Td (and ) Tj ET Q q 0 0 0 rg BT 200.79 356.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 256.02 356.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 302.67 356.85 Td (were ) Tj ET Q q 0 0 0 rg BT 329.13 356.85 Td (partially ) Tj ET Q q 0 0 0 rg BT 369.66 356.85 Td (of) Tj ET Q q 0 0 0 rg BT 378.63 356.85 Td (fset ) Tj ET Q q 0 0 0 rg BT 398.98 356.85 Td (by ) Tj ET Q q 0 0 0 rg BT 413.22 356.85 Td (weakness ) Tj ET Q q 0 0 0 rg BT 464.75 356.85 Td (in ) Tj ET Q q 0 0 0 rg BT 475.94 356.85 Td (our ) Tj ET Q q 0 0 0 rg BT 494.46 356.85 Td (voice ) Tj ET Q q 0 0 0 rg BT 522.76 356.85 Td (product. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 343.65 Td (Starting ) Tj ET Q q 0 0 0 rg BT 90.35 343.65 Td (with ) Tj ET Q q 0 0 0 rg BT 112.86 343.65 Td (video, ) Tj ET Q q 0 0 0 rg BT 145.15 343.65 Td (we ) Tj ET Q q 0 0 0 rg BT 162.16 343.65 Td (delivered ) Tj ET Q q 0 0 0 rg BT 209.74 343.65 Td (4,000 ) Tj ET Q q 0 0 0 rg BT 240.21 343.65 Td (RGU ) Tj ET Q q 0 0 0 rg BT 267.60 343.65 Td (additions, ) Tj ET Q q 0 0 0 rg BT 317.63 343.65 Td (a ) Tj ET Q q 0 0 0 rg BT 326.69 343.65 Td (substantial ) Tj ET Q q 0 0 0 rg BT 382.22 343.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 426.74 343.65 Td (from ) Tj ET Q q 0 0 0 rg BT 451.68 343.65 Td (our ) Tj ET Q q 0 0 0 rg BT 470.52 343.65 Td (results ) Tj ET Q q 0 0 0 rg BT 505.86 343.65 Td (in ) Tj ET Q q 0 0 0 rg BT 517.37 343.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 534.99 343.65 Td (2015. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 330.45 Td (This ) Tj ET Q q 0 0 0 rg BT 72.92 330.45 Td (performance ) Tj ET Q q 0 0 0 rg BT 137.31 330.45 Td (was ) Tj ET Q q 0 0 0 rg BT 159.51 330.45 Td (due ) Tj ET Q q 0 0 0 rg BT 180.50 330.45 Td (in ) Tj ET Q q 0 0 0 rg BT 191.70 330.45 Td (part ) Tj ET Q q 0 0 0 rg BT 213.29 330.45 Td (to ) Tj ET Q q 0 0 0 rg BT 225.10 330.45 Td (the ) Tj ET Q q 0 0 0 rg BT 243.03 330.45 Td (continued ) Tj ET Q q 0 0 0 rg BT 293.38 330.45 Td (success ) Tj ET Q q 0 0 0 rg BT 335.75 330.45 Td (of ) Tj ET Q q 0 0 0 rg BT 347.56 330.45 Td (our ) Tj ET Q q 0 0 0 rg BT 366.10 330.45 Td (V) Tj ET Q q 0 0 0 rg BT 376.90 330.45 Td (ive ) Tj ET Q q 0 0 0 rg BT 393.60 330.45 Td (Ms ) Tj ET Q q 0 0 0 rg BT 420.68 330.45 Td (bundles, ) Tj ET Q q 0 0 0 rg BT 464.91 330.45 Td (featuring ) Tj ET Q q 0 0 0 rg BT 510.36 330.45 Td (our ) Tj ET Q q 0 0 0 rg BT 528.89 330.45 Td (market ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 317.25 Td (leading ) Tj ET Q q 0 0 0 rg BT 87.70 317.25 Td (HD ) Tj ET Q q 0 0 0 rg BT 106.32 317.25 Td (channel ) Tj ET Q q 0 0 0 rg BT 147.58 317.25 Td (line-up. ) Tj ET Q q 0 0 0 rg BT 186.39 317.25 Td (With ) Tj ET Q q 0 0 0 rg BT 211.11 317.25 Td (13 ) Tj ET Q q 0 0 0 rg BT 226.08 317.25 Td (new ) Tj ET Q q 0 0 0 rg BT 248.98 317.25 Td (HD ) Tj ET Q q 0 0 0 rg BT 267.60 317.25 Td (channels ) Tj ET Q q 0 0 0 rg BT 314.36 317.25 Td (added ) Tj ET Q q 0 0 0 rg BT 347.68 317.25 Td (in ) Tj ET Q q 0 0 0 rg BT 358.97 317.25 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 379.42 317.25 Td (we ) Tj ET Q q 0 0 0 rg BT 396.21 317.25 Td (remain ) Tj ET Q q 0 0 0 rg BT 432.56 317.25 Td (the ) Tj ET Q q 0 0 0 rg BT 450.58 317.25 Td (leader ) Tj ET Q q 0 0 0 rg BT 483.89 317.25 Td (in ) Tj ET Q q 0 0 0 rg BT 495.18 317.25 Td (Chile, ) Tj ET Q q 0 0 0 rg BT 526.03 317.25 Td (of) Tj ET Q q 0 0 0 rg BT 535.01 317.25 Td (fering ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 304.05 Td (the ) Tj ET Q q 0 0 0 rg BT 67.06 304.05 Td (most ) Tj ET Q q 0 0 0 rg BT 93.17 304.05 Td (HD ) Tj ET Q q 0 0 0 rg BT 111.33 304.05 Td (channels ) Tj ET Q q 0 0 0 rg BT 157.64 304.05 Td (of ) Tj ET Q q 0 0 0 rg BT 169.09 304.05 Td (any ) Tj ET Q q 0 0 0 rg BT 189.10 304.05 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 235.39 304.05 Td (provider) Tj ET Q q 0 0 0 rg BT 274.52 304.05 Td (. ) Tj ET Q q 0 0 0 rg BT 279.85 304.05 Td (Looking ) Tj ET Q q 0 0 0 rg BT 320.66 304.05 Td (ahead ) Tj ET Q q 0 0 0 rg BT 353.52 304.05 Td (to ) Tj ET Q q 0 0 0 rg BT 364.97 304.05 Td (the ) Tj ET Q q 0 0 0 rg BT 382.53 304.05 Td (second ) Tj ET Q q 0 0 0 rg BT 420.27 304.05 Td (half ) Tj ET Q q 0 0 0 rg BT 440.28 304.05 Td (of ) Tj ET Q q 0 0 0 rg BT 451.73 304.05 Td (2016, ) Tj ET Q q 0 0 0 rg BT 481.53 304.05 Td (we ) Tj ET Q q 0 0 0 rg BT 497.86 304.05 Td (are ) Tj ET Q q 0 0 0 rg BT 516.03 304.05 Td (preparing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 290.85 Td (for ) Tj ET Q q 0 0 0 rg BT 65.39 290.85 Td (the ) Tj ET Q q 0 0 0 rg BT 83.74 290.85 Td (introduction ) Tj ET Q q 0 0 0 rg BT 143.67 290.85 Td (of ) Tj ET Q q 0 0 0 rg BT 155.90 290.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 196.66 290.85 Td (TV) Tj ET Q q 0 0 0 rg BT 209.70 290.85 Td (, ) Tj ET Q q 0 0 0 rg BT 215.82 290.85 Td (our ) Tj ET Q q 0 0 0 rg BT 234.77 290.85 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 314.27 290.85 Td (video ) Tj ET Q q 0 0 0 rg BT 343.62 290.85 Td (platform. ) Tj ET Q q 0 0 0 rg BT 389.47 290.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 264.45 Td (During ) Tj ET Q q 0 0 0 rg BT 84.86 264.45 Td (the ) Tj ET Q q 0 0 0 rg BT 103.11 264.45 Td (quarter) Tj ET Q q 0 0 0 rg BT 137.36 264.45 Td (, ) Tj ET Q q 0 0 0 rg BT 143.37 264.45 Td (we ) Tj ET Q q 0 0 0 rg BT 160.39 264.45 Td (delivered ) Tj ET Q q 0 0 0 rg BT 207.99 264.45 Td (23,000 ) Tj ET Q q 0 0 0 rg BT 244.59 264.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 300.15 264.45 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 353.85 264.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 400.84 264.45 Td (and ) Tj ET Q q 0 0 0 rg BT 422.15 264.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 472.80 264.45 Td (our ) Tj ET Q q 0 0 0 rg BT 491.66 264.45 Td (top ) Tj ET Q q 0 0 0 rg BT 509.91 264.45 Td (broadband ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 251.25 Td (speed ) Tj ET Q q 0 0 0 rg BT 81.47 251.25 Td (to ) Tj ET Q q 0 0 0 rg BT 92.64 251.25 Td (160 ) Tj ET Q q 0 0 0 rg BT 112.99 251.25 Td (Mbps. ) Tj ET Q q 0 0 0 rg BT 144.94 251.25 Td (W) Tj ET Q q 0 0 0 rg BT 155.12 251.25 Td (e ) Tj ET Q q 0 0 0 rg BT 163.24 251.25 Td (continue ) Tj ET Q q 0 0 0 rg BT 206.82 251.25 Td (to ) Tj ET Q q 0 0 0 rg BT 217.99 251.25 Td (see ) Tj ET Q q 0 0 0 rg BT 237.72 251.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 287.42 251.25 Td (demand ) Tj ET Q q 0 0 0 rg BT 329.16 251.25 Td (for ) Tj ET Q q 0 0 0 rg BT 344.00 251.25 Td (our ) Tj ET Q q 0 0 0 rg BT 361.89 251.25 Td (superior ) Tj ET Q q 0 0 0 rg BT 403.63 251.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 458.23 251.25 Td (speeds, ) Tj ET Q q 0 0 0 rg BT 498.75 251.25 Td (as ) Tj ET Q q 0 0 0 rg BT 512.37 251.25 Td (evidenced ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 238.05 Td (by ) Tj ET Q q 0 0 0 rg BT 63.87 238.05 Td (50% ) Tj ET Q q 0 0 0 rg BT 88.63 238.05 Td (of ) Tj ET Q q 0 0 0 rg BT 100.55 238.05 Td (our ) Tj ET Q q 0 0 0 rg BT 119.20 238.05 Td (sales ) Tj ET Q q 0 0 0 rg BT 147.63 238.05 Td (being ) Tj ET Q q 0 0 0 rg BT 177.29 238.05 Td (realized ) Tj ET Q q 0 0 0 rg BT 218.56 238.05 Td (in ) Tj ET Q q 0 0 0 rg BT 229.87 238.05 Td (the ) Tj ET Q q 0 0 0 rg BT 247.91 238.05 Td (80 ) Tj ET Q q 0 0 0 rg BT 262.90 238.05 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 292.54 238.05 Td (or ) Tj ET Q q 0 0 0 rg BT 305.07 238.05 Td (higher ) Tj ET Q q 0 0 0 rg BT 338.40 238.05 Td (range ) Tj ET Q q 0 0 0 rg BT 369.28 238.05 Td (in ) Tj ET Q q 0 0 0 rg BT 380.59 238.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 398.01 238.05 Td (2016. ) Tj ET Q q 0 0 0 rg BT 428.29 238.05 Td (Rounding ) Tj ET Q q 0 0 0 rg BT 478.13 238.05 Td (out ) Tj ET Q q 0 0 0 rg BT 496.17 238.05 Td (our ) Tj ET Q q 0 0 0 rg BT 514.82 238.05 Td (triple-play ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 224.85 Td (performance, ) Tj ET Q q 0 0 0 rg BT 117.89 224.85 Td (we ) Tj ET Q q 0 0 0 rg BT 135.53 224.85 Td (lost ) Tj ET Q q 0 0 0 rg BT 156.23 224.85 Td (12,000 ) Tj ET Q q 0 0 0 rg BT 193.46 224.85 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 241.06 224.85 Td (telephony ) Tj ET Q q 0 0 0 rg BT 292.35 224.85 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 325.87 224.85 Td (in ) Tj ET Q q 0 0 0 rg BT 338.02 224.85 Td (the ) Tj ET Q q 0 0 0 rg BT 356.89 224.85 Td (quarter) Tj ET Q q 0 0 0 rg BT 391.14 224.85 Td (, ) Tj ET Q q 0 0 0 rg BT 397.77 224.85 Td (partly ) Tj ET Q q 0 0 0 rg BT 428.25 224.85 Td (due ) Tj ET Q q 0 0 0 rg BT 450.19 224.85 Td (to ) Tj ET Q q 0 0 0 rg BT 462.94 224.85 Td (customers ) Tj ET Q q 0 0 0 rg BT 517.26 224.85 Td (migrating ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 211.65 Td (from ) Tj ET Q q 0 0 0 rg BT 73.87 211.65 Td (triple-play ) Tj ET Q q 0 0 0 rg BT 123.93 211.65 Td (bundles ) Tj ET Q q 0 0 0 rg BT 164.84 211.65 Td (to ) Tj ET Q q 0 0 0 rg BT 176.39 211.65 Td (double-play ) Tj ET Q q 0 0 0 rg BT 235.64 211.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 290.61 211.65 Td (and ) Tj ET Q q 0 0 0 rg BT 311.34 211.65 Td (video ) Tj ET Q q 0 0 0 rg BT 340.01 211.65 Td (bundles. ) Tj ET Q q 0 0 0 rg BT 383.97 211.65 Td (In ) Tj ET Q q 0 0 0 rg BT 395.52 211.65 Td (Q1, ) Tj ET Q q 0 0 0 rg BT 415.63 211.65 Td (we ) Tj ET Q q 0 0 0 rg BT 432.06 211.65 Td (bolstered ) Tj ET Q q 0 0 0 rg BT 479.69 211.65 Td (our ) Tj ET Q q 0 0 0 rg BT 497.96 211.65 Td (voice ) Tj ET Q q 0 0 0 rg BT 526.01 211.65 Td (of) Tj ET Q q 0 0 0 rg BT 534.99 211.65 Td (fering ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 198.45 Td (by ) Tj ET Q q 0 0 0 rg BT 63.60 198.45 Td (including ) Tj ET Q q 0 0 0 rg BT 109.51 198.45 Td (300 ) Tj ET Q q 0 0 0 rg BT 130.35 198.45 Td (free ) Tj ET Q q 0 0 0 rg BT 151.79 198.45 Td (minutes ) Tj ET Q q 0 0 0 rg BT 192.79 198.45 Td (of ) Tj ET Q q 0 0 0 rg BT 204.45 198.45 Td (fixed-to-mobile ) Tj ET Q q 0 0 0 rg BT 279.08 198.45 Td (calls, ) Tj ET Q q 0 0 0 rg BT 306.63 198.45 Td (an ) Tj ET Q q 0 0 0 rg BT 321.35 198.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 365.41 198.45 Td (from ) Tj ET Q q 0 0 0 rg BT 389.90 198.45 Td (the ) Tj ET Q q 0 0 0 rg BT 407.68 198.45 Td (100 ) Tj ET Q q 0 0 0 rg BT 428.52 198.45 Td (minutes ) Tj ET Q q 0 0 0 rg BT 469.52 198.45 Td (previously ) Tj ET Q q 0 0 0 rg BT 521.53 198.45 Td (included ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 185.25 Td (in ) Tj ET Q q 0 0 0 rg BT 61.12 185.25 Td (our ) Tj ET Q q 0 0 0 rg BT 80.07 185.25 Td (bundles. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 162.05 Td (In ) Tj ET Q q 0 0 0 rg BT 62.68 162.05 Td (terms ) Tj ET Q q 0 0 0 rg BT 94.19 162.05 Td (of ) Tj ET Q q 0 0 0 rg BT 107.37 162.05 Td (mobile ) Tj ET Q q 0 0 0 rg BT 143.78 162.05 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 207.08 162.05 Td (we ) Tj ET Q q 0 0 0 rg BT 225.15 162.05 Td (maintained ) Tj ET Q q 0 0 0 rg BT 282.97 162.05 Td (a ) Tj ET Q q 0 0 0 rg BT 293.10 162.05 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 347.84 162.05 Td (base ) Tj ET Q q 0 0 0 rg BT 375.70 162.05 Td (of ) Tj ET Q q 0 0 0 rg BT 388.88 162.05 Td (132,000 ) Tj ET Q q 0 0 0 rg BT 432.65 162.05 Td (as ) Tj ET Q q 0 0 0 rg BT 448.28 162.05 Td (of ) Tj ET Q q 0 0 0 rg BT 461.46 162.05 Td (the ) Tj ET Q q 0 0 0 rg BT 480.76 162.05 Td (end ) Tj ET Q q 0 0 0 rg BT 503.12 162.05 Td (of ) Tj ET Q q 0 0 0 rg BT 516.30 162.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 534.98 162.05 Td (2016. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 148.85 Td (During ) Tj ET Q q 0 0 0 rg BT 85.76 148.85 Td (the ) Tj ET Q q 0 0 0 rg BT 104.91 148.85 Td (quarter) Tj ET Q q 0 0 0 rg BT 139.15 148.85 Td (, ) Tj ET Q q 0 0 0 rg BT 146.07 148.85 Td (our ) Tj ET Q q 0 0 0 rg BT 165.82 148.85 Td (1,000 ) Tj ET Q q 0 0 0 rg BT 197.20 148.85 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 242.65 148.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 278.91 148.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 326.79 148.85 Td (were ) Tj ET Q q 0 0 0 rg BT 354.49 148.85 Td (of) Tj ET Q q 0 0 0 rg BT 363.47 148.85 Td (fset ) Tj ET Q q 0 0 0 rg BT 385.05 148.85 Td (by ) Tj ET Q q 0 0 0 rg BT 400.53 148.85 Td (1,000 ) Tj ET Q q 0 0 0 rg BT 431.91 148.85 Td (low-margin ) Tj ET Q q 0 0 0 rg BT 489.56 148.85 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 530.11 148.85 Td (mobile ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 135.65 Td (losses. ) Tj ET Q q 0 0 0 rg BT 86.58 135.65 Td (Our ) Tj ET Q q 0 0 0 rg BT 107.75 135.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 125.27 135.65 Td (2016 ) Tj ET Q q 0 0 0 rg BT 152.58 135.65 Td (results ) Tj ET Q q 0 0 0 rg BT 187.81 135.65 Td (represented ) Tj ET Q q 0 0 0 rg BT 249.36 135.65 Td (a ) Tj ET Q q 0 0 0 rg BT 258.32 135.65 Td (modest ) Tj ET Q q 0 0 0 rg BT 297.23 135.65 Td (improvement ) Tj ET Q q 0 0 0 rg BT 363.65 135.65 Td (versus ) Tj ET Q q 0 0 0 rg BT 398.89 135.65 Td (our ) Tj ET Q q 0 0 0 rg BT 417.62 135.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 435.14 135.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 462.45 135.65 Td (performance ) Tj ET Q q 0 0 0 rg BT 527.04 135.65 Td (despite ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 122.45 Td (the ) Tj ET Q q 0 0 0 rg BT 68.93 122.45 Td (on-going ) Tj ET Q q 0 0 0 rg BT 115.88 122.45 Td (competitive ) Tj ET Q q 0 0 0 rg BT 175.65 122.45 Td (landscape ) Tj ET Q q 0 0 0 rg BT 229.94 122.45 Td (that ) Tj ET Q q 0 0 0 rg BT 252.42 122.45 Td (has ) Tj ET Q q 0 0 0 rg BT 274.29 122.45 Td (resulted ) Tj ET Q q 0 0 0 rg BT 317.56 122.45 Td (from ) Tj ET Q q 0 0 0 rg BT 343.70 122.45 Td (the ) Tj ET Q q 0 0 0 rg BT 363.13 122.45 Td (emergence ) Tj ET Q q 0 0 0 rg BT 422.30 122.45 Td (of ) Tj ET Q q 0 0 0 rg BT 435.61 122.45 Td (an ) Tj ET Q q 0 0 0 rg BT 451.98 122.45 Td (aggressive, ) Tj ET Q q 0 0 0 rg BT 512.37 122.45 Td (low-priced ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 109.25 Td (competitor ) Tj ET Q q 0 0 0 rg BT 102.56 109.25 Td (in ) Tj ET Q q 0 0 0 rg BT 112.82 109.25 Td (the ) Tj ET Q q 0 0 0 rg BT 129.81 109.25 Td (second ) Tj ET Q q 0 0 0 rg BT 166.99 109.25 Td (half ) Tj ET Q q 0 0 0 rg BT 186.43 109.25 Td (of ) Tj ET Q q 0 0 0 rg BT 197.30 109.25 Td (2015. ) Tj ET Q q 0 0 0 rg BT 226.53 109.25 Td (W) Tj ET Q q 0 0 0 rg BT 236.71 109.25 Td (e ) Tj ET Q q 0 0 0 rg BT 244.54 109.25 Td (expect ) Tj ET Q q 0 0 0 rg BT 278.65 109.25 Td (that ) Tj ET Q q 0 0 0 rg BT 298.70 109.25 Td (the ) Tj ET Q q 0 0 0 rg BT 315.69 109.25 Td (Chilean ) Tj ET Q q 0 0 0 rg BT 354.70 109.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 388.80 109.25 Td (market ) Tj ET Q q 0 0 0 rg BT 424.12 109.25 Td (will ) Tj ET Q q 0 0 0 rg BT 441.10 109.25 Td (remain ) Tj ET Q q 0 0 0 rg BT 476.43 109.25 Td (highly ) Tj ET Q q 0 0 0 rg BT 506.87 109.25 Td (competitive ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 96.05 Td (for ) Tj ET Q q 0 0 0 rg BT 65.39 96.05 Td (the ) Tj ET Q q 0 0 0 rg BT 83.74 96.05 Td (foreseeable ) Tj ET Q q 0 0 0 rg BT 144.28 96.05 Td (future.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 69.65 Td (Finally ) Tj ET Q q 0 0 0 rg BT 84.31 69.65 Td (in ) Tj ET Q q 0 0 0 rg BT 95.90 69.65 Td (terms ) Tj ET Q q 0 0 0 rg BT 126.42 69.65 Td (of ) Tj ET Q q 0 0 0 rg BT 138.62 69.65 Td (our ) Tj ET Q q 0 0 0 rg BT 157.54 69.65 Td (B2B ) Tj ET Q q 0 0 0 rg BT 181.36 69.65 Td (division, ) Tj ET Q q 0 0 0 rg BT 224.13 69.65 Td (we ) Tj ET Q q 0 0 0 rg BT 241.21 69.65 Td (orchestrated ) Tj ET Q q 0 0 0 rg BT 305.38 69.65 Td (a ) Tj ET Q q 0 0 0 rg BT 314.52 69.65 Td (commercial ) Tj ET Q q 0 0 0 rg BT 373.78 69.65 Td (launch ) Tj ET Q q 0 0 0 rg BT 409.22 69.65 Td (of ) Tj ET Q q 0 0 0 rg BT 421.42 69.65 Td (our ) Tj ET Q q 0 0 0 rg BT 440.34 69.65 Td (new ) Tj ET Q q 0 0 0 rg BT 463.55 69.65 Td (B2B ) Tj ET Q q 0 0 0 rg BT 487.36 69.65 Td (strategy ) Tj ET Q q 0 0 0 rg BT 529.52 69.65 Td (in ) Tj ET Q q 0 0 0 rg BT 540.50 69.65 Td (April ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 56.45 Td (and ) Tj ET Q q 0 0 0 rg BT 70.91 56.45 Td (expect ) Tj ET Q q 0 0 0 rg BT 106.37 56.45 Td (this ) Tj ET Q q 0 0 0 rg BT 126.55 56.45 Td (division ) Tj ET Q q 0 0 0 rg BT 166.29 56.45 Td (to ) Tj ET Q q 0 0 0 rg BT 178.52 56.45 Td (be ) Tj ET Q q 0 0 0 rg BT 193.81 56.45 Td (a ) Tj ET Q q 0 0 0 rg BT 202.98 56.45 Td (fresh ) Tj ET Q q 0 0 0 rg BT 230.50 56.45 Td (avenue ) Tj ET Q q 0 0 0 rg BT 269.64 56.45 Td (for ) Tj ET Q q 0 0 0 rg BT 285.53 56.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 321.60 56.45 Td (in ) Tj ET Q q 0 0 0 rg BT 333.22 56.45 Td (Chile ) Tj ET Q q 0 0 0 rg BT 361.35 56.45 Td (over ) Tj ET Q q 0 0 0 rg BT 385.80 56.45 Td (the ) Tj ET Q q 0 0 0 rg BT 404.15 56.45 Td (coming ) Tj ET Q q 0 0 0 rg BT 442.66 56.45 Td (years. ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 49.50 43.25 Td ( ) Tj ET Q /GS0 gs q 97.40 0 0 47.00 464.55 732.50 cm /I77 Do Q endstream endobj 67 0 obj <> endobj 68 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (33) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Financial Summary) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 683.45 Td (For ) Tj ET Q q 0 0 0 rg BT 68.78 683.45 Td (the ) Tj ET Q q 0 0 0 rg BT 86.85 683.45 Td (three ) Tj ET Q q 0 0 0 rg BT 114.70 683.45 Td (months ) Tj ET Q q 0 0 0 rg BT 153.55 683.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 186.92 683.45 Td (March ) Tj ET Q q 0 0 0 rg BT 220.26 683.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 238.33 683.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 268.63 683.45 Td (our ) Tj ET Q q 0 0 0 rg BT 287.31 683.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 329.84 683.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 380.32 683.45 Td (8% ) Tj ET Q q 0 0 0 rg BT 398.99 683.45 Td (to ) Tj ET Q q 0 0 0 rg BT 410.95 683.45 Td (CLP) Tj ET Q q 0 0 0 rg BT 432.15 683.45 Td ( ) Tj ET Q q 0 0 0 rg BT 434.92 683.45 Td (140.2 ) Tj ET Q q 0 0 0 rg BT 465.23 683.45 Td (billion, ) Tj ET Q q 0 0 0 rg BT 499.19 683.45 Td (as ) Tj ET Q q 0 0 0 rg BT 513.59 683.45 Td (compared ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 62.93 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 82.48 670.25 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 156.45 670.25 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 207.78 670.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 245.39 670.25 Td (This ) Tj ET Q q 0 0 0 rg BT 270.43 670.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 316.27 670.25 Td (was ) Tj ET Q q 0 0 0 rg BT 340.09 670.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 385.91 670.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 444.59 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 458.02 670.25 Td (increases ) Tj ET Q q 0 0 0 rg BT 509.36 670.25 Td (in ) Tj ET Q q 0 0 0 rg BT 522.18 670.25 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 536.21 670.25 Td (cable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 657.05 Td (subscription ) Tj ET Q q 0 0 0 rg BT 111.64 657.05 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 157.89 657.05 Td (driven ) Tj ET Q q 0 0 0 rg BT 191.30 657.05 Td (by ) Tj ET Q q 0 0 0 rg BT 206.36 657.05 Td (an ) Tj ET Q q 0 0 0 rg BT 222.04 657.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 267.07 657.05 Td (in ) Tj ET Q q 0 0 0 rg BT 278.39 657.05 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 312.40 657.05 Td (per ) Tj ET Q q 0 0 0 rg BT 331.74 657.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 359.63 657.05 Td (and ) Tj ET Q q 0 0 0 rg BT 381.43 657.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 417.89 657.05 Td (in ) Tj ET Q q 0 0 0 rg BT 429.90 657.05 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 492.64 657.05 Td (and ) Tj ET Q q 0 0 0 rg BT 514.44 657.05 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 530.10 657.05 Td (mobile ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 643.85 Td (subscription ) Tj ET Q q 0 0 0 rg BT 110.82 643.85 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 156.26 643.85 Td (driven ) Tj ET Q q 0 0 0 rg BT 188.85 643.85 Td (by ) Tj ET Q q 0 0 0 rg BT 203.10 643.85 Td (growth ) Tj ET Q q 0 0 0 rg BT 238.74 643.85 Td (in ) Tj ET Q q 0 0 0 rg BT 249.93 643.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 284.97 643.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 343.84 643.85 Td (and ) Tj ET Q q 0 0 0 rg BT 364.82 643.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 398.03 643.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 432.54 643.85 Td (ARPU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 463.10 649.10 Td (18) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 471.05 643.85 Td (, ) Tj ET Q q 0 0 0 rg BT 476.74 643.85 Td (primarily ) Tj ET Q q 0 0 0 rg BT 520.92 643.85 Td (resulting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 630.65 Td (from ) Tj ET Q q 0 0 0 rg BT 75.18 630.65 Td (an ) Tj ET Q q 0 0 0 rg BT 91.10 630.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 142.48 630.65 Td (proportion ) Tj ET Q q 0 0 0 rg BT 195.70 630.65 Td (of ) Tj ET Q q 0 0 0 rg BT 208.56 630.65 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 253.83 630.65 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 316.57 630.65 Td (The ) Tj ET Q q 0 0 0 rg BT 339.21 630.65 Td (revenue ) Tj ET Q q 0 0 0 rg BT 382.65 630.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 427.91 630.65 Td (for ) Tj ET Q q 0 0 0 rg BT 444.43 630.65 Td (the ) Tj ET Q q 0 0 0 rg BT 463.41 630.65 Td (three ) Tj ET Q q 0 0 0 rg BT 492.17 630.65 Td (months ) Tj ET Q q 0 0 0 rg BT 531.92 630.65 Td (ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 617.45 Td (March ) Tj ET Q q 0 0 0 rg BT 83.81 617.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 102.84 617.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 134.11 617.45 Td (as ) Tj ET Q q 0 0 0 rg BT 149.47 617.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 202.13 617.45 Td (to ) Tj ET Q q 0 0 0 rg BT 215.05 617.45 Td (the ) Tj ET Q q 0 0 0 rg BT 234.09 617.45 Td (first ) Tj ET Q q 0 0 0 rg BT 255.55 617.45 Td (quarter ) Tj ET Q q 0 0 0 rg BT 294.15 617.45 Td (of ) Tj ET Q q 0 0 0 rg BT 307.06 617.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 338.34 617.45 Td (includes ) Tj ET Q q 0 0 0 rg BT 382.44 617.45 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 445.49 617.45 Td (to ) Tj ET Q q 0 0 0 rg BT 458.41 617.45 Td (reflect ) Tj ET Q q 0 0 0 rg BT 492.11 617.45 Td (the ) Tj ET Q q 0 0 0 rg BT 511.14 617.45 Td (retroactive ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 604.25 Td (application ) Tj ET Q q 0 0 0 rg BT 104.71 604.25 Td (of ) Tj ET Q q 0 0 0 rg BT 116.50 604.25 Td (tarif) Tj ET Q q 0 0 0 rg BT 134.64 604.25 Td (f ) Tj ET Q q 0 0 0 rg BT 140.31 604.25 Td (reductions ) Tj ET Q q 0 0 0 rg BT 193.68 604.25 Td (on ) Tj ET Q q 0 0 0 rg BT 208.53 604.25 Td (ancillary ) Tj ET Q q 0 0 0 rg BT 251.49 604.25 Td (services ) Tj ET Q q 0 0 0 rg BT 294.45 604.25 Td (and ) Tj ET Q q 0 0 0 rg BT 315.42 604.25 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 362.05 604.25 Td (termination ) Tj ET Q q 0 0 0 rg BT 419.08 604.25 Td (rates. ) Tj ET Q q 0 0 0 rg BT 449.04 604.25 Td (These ) Tj ET Q q 0 0 0 rg BT 482.23 604.25 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 544.15 604.25 Td (had ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 591.05 Td (a ) Tj ET Q q 0 0 0 rg BT 57.62 591.05 Td (net ) Tj ET Q q 0 0 0 rg BT 74.92 591.05 Td (favorable ) Tj ET Q q 0 0 0 rg BT 122.17 591.05 Td (impact ) Tj ET Q q 0 0 0 rg BT 156.57 591.05 Td (on ) Tj ET Q q 0 0 0 rg BT 170.81 591.05 Td (our ) Tj ET Q q 0 0 0 rg BT 188.72 591.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 205.39 591.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 231.87 591.05 Td (revenue ) Tj ET Q q 0 0 0 rg BT 273.62 591.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 308.64 591.05 Td (of ) Tj ET Q q 0 0 0 rg BT 319.82 591.05 Td (CLP) Tj ET Q q 0 0 0 rg BT 341.02 591.05 Td ( ) Tj ET Q q 0 0 0 rg BT 343.03 591.05 Td (0.8 ) Tj ET Q q 0 0 0 rg BT 360.32 591.05 Td (billion, ) Tj ET Q q 0 0 0 rg BT 393.51 591.05 Td (including ) Tj ET Q q 0 0 0 rg BT 438.93 591.05 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 454.38 591.05 Td (an ) Tj ET Q q 0 0 0 rg BT 468.62 591.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 512.20 591.05 Td (in ) Tj ET Q q 0 0 0 rg BT 522.77 591.05 Td (revenue ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 577.85 Td (due ) Tj ET Q q 0 0 0 rg BT 71.21 577.85 Td (to ) Tj ET Q q 0 0 0 rg BT 83.74 577.85 Td (the ) Tj ET Q q 0 0 0 rg BT 102.38 577.85 Td (impact ) Tj ET Q q 0 0 0 rg BT 138.13 577.85 Td (of ) Tj ET Q q 0 0 0 rg BT 150.66 577.85 Td (a ) Tj ET Q q 0 0 0 rg BT 160.14 577.85 Td (CLP) Tj ET Q q 0 0 0 rg BT 181.33 577.85 Td ( ) Tj ET Q q 0 0 0 rg BT 184.69 577.85 Td (2.2 ) Tj ET Q q 0 0 0 rg BT 203.34 577.85 Td (billion ) Tj ET Q q 0 0 0 rg BT 234.82 577.85 Td (unfavorable ) Tj ET Q q 0 0 0 rg BT 295.66 577.85 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 352.82 577.85 Td (recorded ) Tj ET Q q 0 0 0 rg BT 399.59 577.85 Td (in ) Tj ET Q q 0 0 0 rg BT 411.51 577.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 429.54 577.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 457.36 577.85 Td (and ) Tj ET Q q 0 0 0 rg BT 479.07 577.85 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 495.87 577.85 Td (a ) Tj ET Q q 0 0 0 rg BT 505.34 577.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 553.94 577.85 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 564.65 Td (revenue ) Tj ET Q q 0 0 0 rg BT 92.31 564.65 Td (due ) Tj ET Q q 0 0 0 rg BT 113.72 564.65 Td (to ) Tj ET Q q 0 0 0 rg BT 125.95 564.65 Td (the ) Tj ET Q q 0 0 0 rg BT 144.29 564.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 179.75 564.65 Td (of ) Tj ET Q q 0 0 0 rg BT 191.98 564.65 Td (a ) Tj ET Q q 0 0 0 rg BT 201.15 564.65 Td (CLP) Tj ET Q q 0 0 0 rg BT 222.35 564.65 Td ( ) Tj ET Q q 0 0 0 rg BT 225.41 564.65 Td (1.4 ) Tj ET Q q 0 0 0 rg BT 243.76 564.65 Td (billion ) Tj ET Q q 0 0 0 rg BT 274.94 564.65 Td (unfavorable ) Tj ET Q q 0 0 0 rg BT 335.48 564.65 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 392.35 564.65 Td (recorded ) Tj ET Q q 0 0 0 rg BT 438.82 564.65 Td (in ) Tj ET Q q 0 0 0 rg BT 450.44 564.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 468.17 564.65 Td (2016.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 538.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 72.13 538.25 Td (Segment ) Tj ET Q q 0 0 0 rg BT 120.44 538.25 Td (OCF ) Tj ET Q q 0 0 0 rg BT 147.95 538.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 199.94 538.25 Td (13% ) Tj ET Q q 0 0 0 rg BT 226.24 538.25 Td (to ) Tj ET Q q 0 0 0 rg BT 239.71 538.25 Td (CLP) Tj ET Q q 0 0 0 rg BT 260.91 538.25 Td ( ) Tj ET Q q 0 0 0 rg BT 265.20 538.25 Td (53.5 ) Tj ET Q q 0 0 0 rg BT 290.90 538.25 Td (billion ) Tj ET Q q 0 0 0 rg BT 323.32 538.25 Td (for ) Tj ET Q q 0 0 0 rg BT 340.44 538.25 Td (the ) Tj ET Q q 0 0 0 rg BT 360.02 538.25 Td (three ) Tj ET Q q 0 0 0 rg BT 389.39 538.25 Td (months ) Tj ET Q q 0 0 0 rg BT 429.75 538.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 464.63 538.25 Td (March ) Tj ET Q q 0 0 0 rg BT 499.48 538.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 519.06 538.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 550.88 538.25 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 525.05 Td (compared ) Tj ET Q q 0 0 0 rg BT 99.95 525.05 Td (to ) Tj ET Q q 0 0 0 rg BT 110.66 525.05 Td (the ) Tj ET Q q 0 0 0 rg BT 127.49 525.05 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 198.74 525.05 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 247.34 525.05 Td (period. ) Tj ET Q q 0 0 0 rg BT 282.41 525.05 Td (This ) Tj ET Q q 0 0 0 rg BT 304.73 525.05 Td (result ) Tj ET Q q 0 0 0 rg BT 333.17 525.05 Td (was ) Tj ET Q q 0 0 0 rg BT 354.27 525.05 Td (primarily ) Tj ET Q q 0 0 0 rg BT 397.36 525.05 Td (due ) Tj ET Q q 0 0 0 rg BT 417.25 525.05 Td (to ) Tj ET Q q 0 0 0 rg BT 427.96 525.05 Td (the ) Tj ET Q q 0 0 0 rg BT 444.79 525.05 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 522.77 525.05 Td (revenue ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 511.85 Td (drivers ) Tj ET Q q 0 0 0 rg BT 87.86 511.85 Td (and ) Tj ET Q q 0 0 0 rg BT 111.58 511.85 Td (operational ) Tj ET Q q 0 0 0 rg BT 171.37 511.85 Td (leverage, ) Tj ET Q q 0 0 0 rg BT 221.98 511.85 Td (as ) Tj ET Q q 0 0 0 rg BT 238.95 511.85 Td (the ) Tj ET Q q 0 0 0 rg BT 259.60 511.85 Td (increase ) Tj ET Q q 0 0 0 rg BT 306.54 511.85 Td (in ) Tj ET Q q 0 0 0 rg BT 320.46 511.85 Td (revenue ) Tj ET Q q 0 0 0 rg BT 365.57 511.85 Td (significantly ) Tj ET Q q 0 0 0 rg BT 427.79 511.85 Td (exceeded ) Tj ET Q q 0 0 0 rg BT 480.85 511.85 Td (the ) Tj ET Q q 0 0 0 rg BT 501.50 511.85 Td (increases ) Tj ET Q q 0 0 0 rg BT 553.94 511.85 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 498.65 Td (programming ) Tj ET Q q 0 0 0 rg BT 116.42 498.65 Td (and ) Tj ET Q q 0 0 0 rg BT 136.90 498.65 Td (other ) Tj ET Q q 0 0 0 rg BT 164.09 498.65 Td (costs. ) Tj ET Q q 0 0 0 rg BT 194.52 498.65 Td (Additionally) Tj ET Q q 0 0 0 rg BT 249.96 498.65 Td (, ) Tj ET Q q 0 0 0 rg BT 255.14 498.65 Td (our ) Tj ET Q q 0 0 0 rg BT 273.16 498.65 Td (results ) Tj ET Q q 0 0 0 rg BT 307.68 498.65 Td (for ) Tj ET Q q 0 0 0 rg BT 322.64 498.65 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 339.44 498.65 Td (2016 ) Tj ET Q q 0 0 0 rg BT 366.03 498.65 Td (were ) Tj ET Q q 0 0 0 rg BT 392.00 498.65 Td (adversely ) Tj ET Q q 0 0 0 rg BT 441.20 498.65 Td (impacted ) Tj ET Q q 0 0 0 rg BT 487.95 498.65 Td (by ) Tj ET Q q 0 0 0 rg BT 501.69 498.65 Td (certain ) Tj ET Q q 0 0 0 rg BT 536.83 498.65 Td (costs ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 485.45 Td (denominated ) Tj ET Q q 0 0 0 rg BT 116.13 485.45 Td (in ) Tj ET Q q 0 0 0 rg BT 127.72 485.45 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 152.15 485.45 Td (dollars ) Tj ET Q q 0 0 0 rg BT 187.58 485.45 Td (and ) Tj ET Q q 0 0 0 rg BT 208.96 485.45 Td (a ) Tj ET Q q 0 0 0 rg BT 218.11 485.45 Td (CLP) Tj ET Q q 0 0 0 rg BT 239.31 485.45 Td ( ) Tj ET Q q 0 0 0 rg BT 242.34 485.45 Td (1.0 ) Tj ET Q q 0 0 0 rg BT 260.66 485.45 Td (billion ) Tj ET Q q 0 0 0 rg BT 291.82 485.45 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 356.60 485.45 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 413.44 485.45 Td (recorded ) Tj ET Q q 0 0 0 rg BT 459.88 485.45 Td (in ) Tj ET Q q 0 0 0 rg BT 471.47 485.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 489.18 485.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 516.68 485.45 Td (related ) Tj ET Q q 0 0 0 rg BT 553.34 485.45 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 472.25 Td (a ) Tj ET Q q 0 0 0 rg BT 59.02 472.25 Td (reduction ) Tj ET Q q 0 0 0 rg BT 107.68 472.25 Td (in ) Tj ET Q q 0 0 0 rg BT 119.64 472.25 Td (access ) Tj ET Q q 0 0 0 rg BT 157.28 472.25 Td (tarif) Tj ET Q q 0 0 0 rg BT 175.42 472.25 Td (fs. ) Tj ET Q q 0 0 0 rg BT 190.21 472.25 Td (The ) Tj ET Q q 0 0 0 rg BT 212.57 472.25 Td (average ) Tj ET Q q 0 0 0 rg BT 255.73 472.25 Td (value ) Tj ET Q q 0 0 0 rg BT 285.43 472.25 Td (of ) Tj ET Q q 0 0 0 rg BT 298.01 472.25 Td (the ) Tj ET Q q 0 0 0 rg BT 316.70 472.25 Td (Chilean ) Tj ET Q q 0 0 0 rg BT 357.41 472.25 Td (peso ) Tj ET Q q 0 0 0 rg BT 384.66 472.25 Td (depreciated ) Tj ET Q q 0 0 0 rg BT 445.56 472.25 Td (12% ) Tj ET Q q 0 0 0 rg BT 470.98 472.25 Td (relative ) Tj ET Q q 0 0 0 rg BT 509.84 472.25 Td (to ) Tj ET Q q 0 0 0 rg BT 522.42 472.25 Td (the ) Tj ET Q q 0 0 0 rg BT 541.11 472.25 Td (U.S. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 459.05 Td (dollar ) Tj ET Q q 0 0 0 rg BT 79.87 459.05 Td (during ) Tj ET Q q 0 0 0 rg BT 113.91 459.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 132.04 459.05 Td (2016, ) Tj ET Q q 0 0 0 rg BT 163.03 459.05 Td (as ) Tj ET Q q 0 0 0 rg BT 178.11 459.05 Td (compared ) Tj ET Q q 0 0 0 rg BT 230.49 459.05 Td (to ) Tj ET Q q 0 0 0 rg BT 243.12 459.05 Td (the ) Tj ET Q q 0 0 0 rg BT 261.88 459.05 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 335.05 459.05 Td (period ) Tj ET Q q 0 0 0 rg BT 369.09 459.05 Td (in ) Tj ET Q q 0 0 0 rg BT 381.11 459.05 Td (2015. ) Tj ET Q q 0 0 0 rg BT 412.10 459.05 Td (W) Tj ET Q q 0 0 0 rg BT 422.28 459.05 Td (e ) Tj ET Q q 0 0 0 rg BT 431.86 459.05 Td (estimate ) Tj ET Q q 0 0 0 rg BT 476.90 459.05 Td (that ) Tj ET Q q 0 0 0 rg BT 498.71 459.05 Td (the ) Tj ET Q q 0 0 0 rg BT 517.46 459.05 Td (impact ) Tj ET Q q 0 0 0 rg BT 553.32 459.05 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 445.85 Td (this ) Tj ET Q q 0 0 0 rg BT 69.67 445.85 Td (non-functional ) Tj ET Q q 0 0 0 rg BT 141.83 445.85 Td (currency ) Tj ET Q q 0 0 0 rg BT 187.07 445.85 Td (spend ) Tj ET Q q 0 0 0 rg BT 220.10 445.85 Td (reduced ) Tj ET Q q 0 0 0 rg BT 262.90 445.85 Td (our ) Tj ET Q q 0 0 0 rg BT 281.86 445.85 Td (Segment ) Tj ET Q q 0 0 0 rg BT 328.94 445.85 Td (OCF ) Tj ET Q q 0 0 0 rg BT 355.22 445.85 Td (by ) Tj ET Q q 0 0 0 rg BT 369.89 445.85 Td (approximately ) Tj ET Q q 0 0 0 rg BT 441.42 445.85 Td (CLP) Tj ET Q q 0 0 0 rg BT 462.62 445.85 Td ( ) Tj ET Q q 0 0 0 rg BT 465.68 445.85 Td (0.6 ) Tj ET Q q 0 0 0 rg BT 484.03 445.85 Td (billion.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 419.45 Td (For ) Tj ET Q q 0 0 0 rg BT 68.41 419.45 Td (the ) Tj ET Q q 0 0 0 rg BT 86.12 419.45 Td (three ) Tj ET Q q 0 0 0 rg BT 113.61 419.45 Td (months ) Tj ET Q q 0 0 0 rg BT 152.09 419.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 185.10 419.45 Td (March ) Tj ET Q q 0 0 0 rg BT 218.07 419.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 235.78 419.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 265.72 419.45 Td (we ) Tj ET Q q 0 0 0 rg BT 282.20 419.45 Td (reported ) Tj ET Q q 0 0 0 rg BT 325.58 419.45 Td (property ) Tj ET Q q 0 0 0 rg BT 368.35 419.45 Td (and ) Tj ET Q q 0 0 0 rg BT 389.12 419.45 Td (equipment ) Tj ET Q q 0 0 0 rg BT 442.90 419.45 Td (\("P&E"\) ) Tj ET Q q 0 0 0 rg BT 482.46 419.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 528.91 419.45 Td (of ) Tj ET Q q 0 0 0 rg BT 540.50 419.45 Td (26% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 406.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.72 406.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 102.53 406.25 Td (\(CLP) Tj ET Q q 0 0 0 rg BT 127.39 406.25 Td ( ) Tj ET Q q 0 0 0 rg BT 129.44 406.25 Td (36.7 ) Tj ET Q q 0 0 0 rg BT 152.90 406.25 Td (billion\), ) Tj ET Q q 0 0 0 rg BT 189.80 406.25 Td (an ) Tj ET Q q 0 0 0 rg BT 204.08 406.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 247.71 406.25 Td (from ) Tj ET Q q 0 0 0 rg BT 271.76 406.25 Td (19% ) Tj ET Q q 0 0 0 rg BT 295.83 406.25 Td (\(CLP) Tj ET Q q 0 0 0 rg BT 320.69 406.25 Td ( ) Tj ET Q q 0 0 0 rg BT 322.74 406.25 Td (25.3 ) Tj ET Q q 0 0 0 rg BT 346.20 406.25 Td (billion\) ) Tj ET Q q 0 0 0 rg BT 380.04 406.25 Td (in ) Tj ET Q q 0 0 0 rg BT 390.65 406.25 Td (the ) Tj ET Q q 0 0 0 rg BT 407.99 406.25 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 479.76 406.25 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 528.87 406.25 Td (period. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 393.05 Td (This) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 70.28 393.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 74.17 393.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 119.63 393.05 Td (is ) Tj ET Q q 0 0 0 rg BT 131.46 393.05 Td (primarily ) Tj ET Q q 0 0 0 rg BT 176.90 393.05 Td (attributable ) Tj ET Q q 0 0 0 rg BT 235.21 393.05 Td (to ) Tj ET Q q 0 0 0 rg BT 248.27 393.05 Td (new ) Tj ET Q q 0 0 0 rg BT 272.34 393.05 Td (build ) Tj ET Q q 0 0 0 rg BT 299.46 393.05 Td (and ) Tj ET Q q 0 0 0 rg BT 321.70 393.05 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 365.96 393.05 Td (projects ) Tj ET Q q 0 0 0 rg BT 408.36 393.05 Td (as ) Tj ET Q q 0 0 0 rg BT 423.86 393.05 Td (well ) Tj ET Q q 0 0 0 rg BT 446.70 393.05 Td (as ) Tj ET Q q 0 0 0 rg BT 462.20 393.05 Td (an ) Tj ET Q q 0 0 0 rg BT 478.32 393.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 523.79 393.05 Td (in ) Tj ET Q q 0 0 0 rg BT 536.23 393.05 Td (CPE-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 379.85 Td (related ) Tj ET Q q 0 0 0 rg BT 85.61 379.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 113.76 379.85 Td (and ) Tj ET Q q 0 0 0 rg BT 134.60 379.85 Td (support ) Tj ET Q q 0 0 0 rg BT 173.76 379.85 Td (capital. ) Tj ET Q q 0 0 0 rg BT 211.10 379.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 231.91 379.85 Td (P&E ) Tj ET Q q 0 0 0 rg BT 256.40 379.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 302.91 379.85 Td (in ) Tj ET Q q 0 0 0 rg BT 313.95 379.85 Td (the ) Tj ET Q q 0 0 0 rg BT 331.72 379.85 Td (first ) Tj ET Q q 0 0 0 rg BT 351.92 379.85 Td (quarter ) Tj ET Q q 0 0 0 rg BT 389.25 379.85 Td (of ) Tj ET Q q 0 0 0 rg BT 400.90 379.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 427.85 379.85 Td (were ) Tj ET Q q 0 0 0 rg BT 454.17 379.85 Td (impacted ) Tj ET Q q 0 0 0 rg BT 501.29 379.85 Td (by ) Tj ET Q q 0 0 0 rg BT 515.38 379.85 Td (the ) Tj ET Q q 0 0 0 rg BT 533.15 379.85 Td (timing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 366.65 Td (of ) Tj ET Q q 0 0 0 rg BT 61.35 366.65 Td (several ) Tj ET Q q 0 0 0 rg BT 99.48 366.65 Td (significant ) Tj ET Q q 0 0 0 rg BT 151.07 366.65 Td (shipments ) Tj ET Q q 0 0 0 rg BT 203.88 366.65 Td (of ) Tj ET Q q 0 0 0 rg BT 215.73 366.65 Td (equipment ) Tj ET Q q 0 0 0 rg BT 269.77 366.65 Td (that ) Tj ET Q q 0 0 0 rg BT 290.79 366.65 Td (were ) Tj ET Q q 0 0 0 rg BT 317.31 366.65 Td (received ) Tj ET Q q 0 0 0 rg BT 361.56 366.65 Td (in ) Tj ET Q q 0 0 0 rg BT 372.80 366.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 390.15 366.65 Td (2014, ) Tj ET Q q 0 0 0 rg BT 420.35 366.65 Td (resulting ) Tj ET Q q 0 0 0 rg BT 464.60 366.65 Td (in ) Tj ET Q q 0 0 0 rg BT 475.83 366.65 Td (lower ) Tj ET Q q 0 0 0 rg BT 504.79 366.65 Td (than ) Tj ET Q q 0 0 0 rg BT 528.88 366.65 Td (normal ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 353.45 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 95.35 353.45 Td (P&E ) Tj ET Q q 0 0 0 rg BT 120.42 353.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 167.51 353.45 Td (in ) Tj ET Q q 0 0 0 rg BT 179.13 353.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 196.86 353.45 Td (2015. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 327.05 Td (During ) Tj ET Q q 0 0 0 rg BT 83.96 327.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 100.70 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BT 322.11 300.65 Td (significantly ) Tj ET Q q 0 0 0 rg BT 382.97 300.65 Td (impacted ) Tj ET Q q 0 0 0 rg BT 431.60 300.65 Td (by ) Tj ET Q q 0 0 0 rg BT 447.22 300.65 Td (non-functional ) Tj ET Q q 0 0 0 rg BT 520.32 300.65 Td (currency ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 287.45 Td (spend.) Tj ET Q /GS0 gs q 97.40 0 0 47.00 464.55 732.50 cm /I78 Do Q endstream endobj 69 0 obj <> endobj 70 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (34) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Third-Party Debt, Capital Lease Obligations and Cash and Cash Equivalents) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 683.45 Td (The ) Tj ET Q q 0 0 0 rg BT 72.77 683.45 Td (following ) Tj ET Q q 0 0 0 rg BT 119.90 683.45 Td (table ) Tj ET Q q 0 0 0 rg BT 148.07 683.45 Td (details ) Tj ET Q q 0 0 0 rg BT 184.19 683.45 Td (the ) Tj ET Q q 0 0 0 rg BT 203.80 683.45 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 256.42 683.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 302.92 683.45 Td (and ) Tj ET Q q 0 0 0 rg BT 325.60 683.45 Td (Chilean ) Tj ET Q q 0 0 0 rg BT 367.22 683.45 Td (peso ) Tj ET Q q 0 0 0 rg BT 395.39 683.45 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 449.86 683.45 Td (of ) Tj ET Q q 0 0 0 rg BT 463.36 683.45 Td (the ) Tj ET Q q 0 0 0 rg BT 482.97 683.45 Td (nominal ) Tj ET Q q 0 0 0 rg BT 525.81 683.45 Td (amount ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 670.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 108.61 670.25 Td (of ) Tj ET Q q 0 0 0 rg BT 120.02 670.25 Td (VTR's ) Tj ET Q q 0 0 0 rg BT 151.86 670.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 215.86 670.25 Td (third-party ) Tj ET Q q 0 0 0 rg BT 267.61 670.25 Td (debt, ) Tj ET Q q 0 0 0 rg BT 294.31 670.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 328.34 670.25 Td (lease ) Tj ET Q q 0 0 0 rg BT 356.87 670.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 411.70 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 432.28 670.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 457.75 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 478.34 670.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 503.81 670.25 Td (equivalents:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 633.75 m 409 633.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 633.75 m 413 633.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 633.75 m 485 633.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 633.75 m 563 633.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 601.75 m 409 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 601.75 m 485 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 601.75 m 489 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 601.75 m 563 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 537.75 m 563 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 537.75 m 485 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 537.75 m 563 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 507.75 m 485 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 507.75 m 563 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 507.75 m 563 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 465.75 m 485 465.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 451.75 m 485 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 449.75 m 485 449.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 465.75 m 563 465.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 451.75 m 563 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 449.75 m 563 449.75 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.70 650.70 Td (March 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 497.20 650.70 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 400.45 637.70 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.45 637.70 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 350.00 624.15 Td (Borrowing) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 348.20 615.15 Td (currency in) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 355.45 606.15 Td (millions) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.80 606.15 Td (CLP equivalent in billions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 587.37 Td (6.875% USD Senior Secured Notes due 2024) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.45 586.97 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 339.50 587.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.75 587.37 Td (1,400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.10 587.37 Td (934.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 587.37 Td (992.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 572.37 Td ($160.0 million VTR USD Credit Facility due 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 272.10 571.97 Td (................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.15 572.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 572.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 557.37 Td (CLP 22,000.0 million VTR CLP Credit Facility due 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.90 556.97 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.15 557.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 557.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 542.37 Td (Capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 163.75 541.97 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.20 542.37 Td (0.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.20 542.37 Td (0.2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 64.50 527.37 Td (Total third-party debt and capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.45 526.97 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.10 527.37 Td (935.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 527.37 Td (992.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 512.37 Td (Deferred financing costs) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 160.33 517.14 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 172.10 511.97 Td (....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.35 512.37 Td (\(16.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.15 512.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.35 512.37 Td (\(14.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 559.15 512.37 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 76.50 495.37 Td (Total carrying amount of third-party debt and capital lease) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 485.37 Td (obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 141.55 484.97 Td (...............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.10 485.37 Td (918.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 485.37 Td (977.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 470.37 Td (Less: cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.90 469.97 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.65 470.37 Td (87.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 470.37 Td (89.8) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 64.50 455.37 Td (Net carrying amount of third-party debt and capital lease obligations) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 389.55 460.14 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 454.97 Td (...) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.10 455.37 Td (831.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 455.37 Td (887.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 436.37 Td (Exchange rate \(CLP to $\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 169.30 435.97 Td (.....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.10 436.37 Td (667.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 436.37 Td (708.6) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 407.05 Td (At ) Tj ET Q q 0 0 0 rg BT 63.56 407.05 Td (March ) Tj ET Q q 0 0 0 rg BT 97.79 407.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 116.75 407.05 Td (2016, ) Tj ET Q q 0 0 0 rg BT 147.95 407.05 Td (our ) Tj ET Q q 0 0 0 rg BT 167.52 407.05 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 238.44 407.05 Td (third-party ) Tj ET Q q 0 0 0 rg BT 291.63 407.05 Td (debt ) Tj ET Q q 0 0 0 rg BT 316.71 407.05 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 368.68 407.05 Td (cost) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 388.85 412.30 Td (23) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 396.81 407.05 Td ( ) Tj ET Q q 0 0 0 rg BT 400.48 407.05 Td (was ) Tj ET Q q 0 0 0 rg BT 423.71 407.05 Td (6.5%, ) Tj ET Q q 0 0 0 rg BT 455.50 407.05 Td (in-line ) Tj ET Q q 0 0 0 rg BT 488.52 407.05 Td (with ) Tj ET Q q 0 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193.79 367.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 225.59 367.45 Td (and ) Tj ET Q q 0 0 0 rg BT 248.22 367.45 Td (subject ) Tj ET Q q 0 0 0 rg BT 287.35 367.45 Td (to ) Tj ET Q q 0 0 0 rg BT 300.80 367.45 Td (the ) Tj ET Q q 0 0 0 rg BT 320.37 367.45 Td (completion ) Tj ET Q q 0 0 0 rg BT 377.84 367.45 Td (of ) Tj ET Q q 0 0 0 rg BT 391.29 367.45 Td (our ) Tj ET Q q 0 0 0 rg BT 411.47 367.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 430.42 367.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 459.17 367.45 Td (compliance ) Tj ET Q q 0 0 0 rg BT 519.08 367.45 Td (reporting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 354.25 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 118.58 354.25 Td (our ) Tj ET Q q 0 0 0 rg BT 136.31 354.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 202.36 354.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 221.31 354.25 Td (Leverage ) Tj ET Q q 0 0 0 rg BT 269.01 354.25 Td (Ratio) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 294.69 359.50 Td (32) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 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Tj ET Q q 0 0 0 rg BT 386.29 341.05 Td (maximum ) Tj ET Q q 0 0 0 rg BT 437.88 341.05 Td (undrawn ) Tj ET Q q 0 0 0 rg BT 484.00 341.05 Td (commitments ) Tj ET Q q 0 0 0 rg BT 553.32 341.05 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 327.85 Td ($160 ) Tj ET Q q 0 0 0 rg BT 79.70 327.85 Td (million ) Tj ET Q q 0 0 0 rg BT 116.61 327.85 Td (\(CLP) Tj ET Q q 0 0 0 rg BT 141.47 327.85 Td ( ) Tj ET Q q 0 0 0 rg BT 147.20 327.85 Td (107 ) Tj ET Q q 0 0 0 rg BT 171.29 327.85 Td (billion\) ) Tj ET Q q 0 0 0 rg BT 208.81 327.85 Td (and ) Tj ET Q q 0 0 0 rg BT 232.89 327.85 Td (CLP) Tj ET Q q 0 0 0 rg BT 254.09 327.85 Td ( ) Tj ET Q q 0 0 0 rg BT 259.82 327.85 Td (22 ) Tj ET Q q 0 0 0 rg BT 277.79 327.85 Td (billion. ) Tj ET Q q 0 0 0 rg BT 314.71 327.85 Td (When ) Tj ET Q q 0 0 0 rg BT 349.17 327.85 Td (the ) Tj ET Q q 0 0 0 rg BT 370.20 327.85 Td (March ) Tj ET Q q 0 0 0 rg BT 406.49 327.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 427.51 327.85 Td (2016 ) Tj ET Q q 0 0 0 rg BT 457.72 327.85 Td (compliance ) Tj ET Q q 0 0 0 rg BT 519.09 327.85 Td (reporting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 314.65 Td (requirements ) Tj ET Q q 0 0 0 rg BT 116.88 314.65 Td (have ) Tj ET Q q 0 0 0 rg BT 143.92 314.65 Td (been ) Tj ET Q q 0 0 0 rg BT 171.58 314.65 Td (completed ) Tj ET Q q 0 0 0 rg BT 225.51 314.65 Td (and ) Tj ET Q q 0 0 0 rg BT 247.05 314.65 Td (assuming ) Tj ET Q q 0 0 0 rg BT 297.32 314.65 Td (no ) Tj ET Q q 0 0 0 rg BT 312.74 314.65 Td (changes ) Tj ET Q q 0 0 0 rg BT 357.51 314.65 Td (from ) Tj ET Q q 0 0 0 rg BT 382.70 314.65 Td (March ) Tj ET Q q 0 0 0 rg BT 416.45 314.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 434.92 314.65 Td (2016 ) Tj ET Q q 0 0 0 rg BT 462.58 314.65 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 514.07 314.65 Td (levels, ) Tj ET Q q 0 0 0 rg BT 548.43 314.65 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 301.45 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 99.64 301.45 Td (the ) Tj ET Q q 0 0 0 rg BT 117.99 301.45 Td (full ) Tj ET Q q 0 0 0 rg BT 135.11 301.45 Td (amount ) Tj ET Q q 0 0 0 rg BT 174.86 301.45 Td (of ) Tj ET Q q 0 0 0 rg BT 187.09 301.45 Td (our ) Tj ET Q q 0 0 0 rg BT 206.04 301.45 Td (unused ) Tj ET Q q 0 0 0 rg BT 245.19 301.45 Td (commitments ) Tj ET Q q 0 0 0 rg BT 313.64 301.45 Td (will ) Tj ET Q q 0 0 0 rg BT 331.97 301.45 Td (continue ) Tj ET Q q 0 0 0 rg BT 376.62 301.45 Td (to ) Tj ET Q q 0 0 0 rg BT 388.85 301.45 Td (be ) Tj ET Q q 0 0 0 rg BT 404.14 301.45 Td (available ) Tj ET Q q 0 0 0 rg BT 450.61 301.45 Td (to ) Tj ET Q q 0 0 0 rg BT 462.84 301.45 Td (be ) Tj ET Q q 0 0 0 rg BT 478.13 301.45 Td (drawn.) Tj ET Q /GS0 gs q 97.40 0 0 47.00 464.55 732.50 cm /I79 Do Q endstream endobj 71 0 obj <> endobj 72 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (35) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 709.85 Td (Forward-Looking Statements) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 685.85 Td (This ) Tj ET Q q 0 0 0 rg BT 70.85 685.85 Td (press ) Tj ET Q q 0 0 0 rg BT 97.76 685.85 Td (release ) Tj ET Q q 0 0 0 rg BT 133.02 685.85 Td (contains ) Tj ET Q q 0 0 0 rg BT 172.73 685.85 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 243.55 685.85 Td (statements ) Tj ET Q q 0 0 0 rg BT 294.92 685.85 Td (within ) Tj ET Q q 0 0 0 rg BT 322.95 685.85 Td (the ) Tj ET Q q 0 0 0 rg BT 339.31 685.85 Td (meaning ) Tj ET Q q 0 0 0 rg BT 380.13 685.85 Td (of ) Tj ET Q q 0 0 0 rg BT 390.93 685.85 Td (the ) Tj ET Q q 0 0 0 rg BT 407.29 685.85 Td (Private ) Tj ET Q q 0 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661.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 74.81 661.85 Td (additions; ) Tj ET Q q 0 0 0 rg BT 120.70 661.85 Td (property ) Tj ET Q q 0 0 0 rg BT 160.48 661.85 Td (and ) Tj ET Q q 0 0 0 rg BT 180.25 661.85 Td (equipment ) Tj ET Q q 0 0 0 rg BT 230.03 661.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 273.15 661.85 Td (as ) Tj ET Q q 0 0 0 rg BT 286.80 661.85 Td (a ) Tj ET Q q 0 0 0 rg BT 295.45 661.85 Td (percentage ) Tj ET Q q 0 0 0 rg BT 348.58 661.85 Td (of ) Tj ET Q q 0 0 0 rg BT 360.00 661.85 Td (revenue; ) Tj ET Q q 0 0 0 rg BT 402.01 661.85 Td (the ) Tj ET Q q 0 0 0 rg BT 419.00 661.85 Td (development, ) Tj ET Q q 0 0 0 rg BT 482.12 661.85 Td (enhancement ) Tj ET Q q 0 0 0 rg BT 545.81 661.85 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 649.85 Td (expansion ) Tj ET Q q 0 0 0 rg BT 97.74 649.85 Td (of ) Tj ET Q q 0 0 0 rg BT 108.74 649.85 Td (our ) Tj ET Q q 0 0 0 rg BT 125.84 649.85 Td (superior ) Tj ET Q q 0 0 0 rg BT 164.62 649.85 Td (networks ) Tj ET Q q 0 0 0 rg BT 207.29 649.85 Td (and ) Tj ET Q q 0 0 0 rg BT 226.63 649.85 Td (innovative ) Tj ET Q q 0 0 0 rg BT 274.31 649.85 Td (and ) Tj ET Q q 0 0 0 rg BT 293.64 649.85 Td (advanced ) Tj ET Q q 0 0 0 rg BT 339.67 649.85 Td (products ) Tj ET Q q 0 0 0 rg BT 380.67 649.85 Td (and ) Tj ET Q q 0 0 0 rg BT 400.01 649.85 Td (services, ) Tj ET Q q 0 0 0 rg BT 442.11 649.85 Td (including ) Tj ET Q q 0 0 0 rg BT 484.24 649.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 514.69 649.85 Td (broadband ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 637.85 Td (speed ) Tj ET Q q 0 0 0 rg BT 78.41 637.85 Td (rollouts, ) Tj ET Q q 0 0 0 rg BT 115.08 637.85 Td (expansion ) Tj ET Q q 0 0 0 rg BT 162.33 637.85 Td (and ) Tj ET Q q 0 0 0 rg BT 180.68 637.85 Td (launches ) Tj ET Q q 0 0 0 rg BT 222.37 637.85 Td (of ) Tj ET Q q 0 0 0 rg BT 232.37 637.85 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 303.52 637.85 Td (video ) Tj ET Q q 0 0 0 rg BT 329.09 637.85 Td (services, ) Tj ET Q q 0 0 0 rg BT 370.20 637.85 Td (set-top ) Tj ET Q q 0 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Td (their ) Tj ET Q q 0 0 0 rg BT 82.91 589.85 Td (third-party ) Tj ET Q q 0 0 0 rg BT 130.74 589.85 Td (debt; ) Tj ET Q q 0 0 0 rg BT 155.79 589.85 Td (plans ) Tj ET Q q 0 0 0 rg BT 182.50 589.85 Td (and ) Tj ET Q q 0 0 0 rg BT 202.00 589.85 Td (impacts ) Tj ET Q q 0 0 0 rg BT 239.26 589.85 Td (of ) Tj ET Q q 0 0 0 rg BT 250.41 589.85 Td (reorganizations ) Tj ET Q q 0 0 0 rg BT 321.59 589.85 Td (and ) Tj ET Q q 0 0 0 rg BT 341.09 589.85 Td (integrations, ) Tj ET Q q 0 0 0 rg BT 398.37 589.85 Td (including ) Tj ET Q q 0 0 0 rg BT 440.66 589.85 Td (synergies; ) Tj ET Q q 0 0 0 rg BT 489.04 589.85 Td (the ) Tj ET Q q 0 0 0 rg BT 505.75 589.85 Td (pending ) Tj ET Q q 0 0 0 rg BT 544.15 589.85 Td (joint ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 577.85 Td (venture ) Tj ET Q q 0 0 0 rg BT 87.22 577.85 Td (in ) Tj ET Q q 0 0 0 rg BT 99.37 577.85 Td (the ) Tj ET Q q 0 0 0 rg BT 117.63 577.85 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 175.92 577.85 Td (and ) Tj ET Q q 0 0 0 rg BT 196.97 577.85 Td (the ) Tj ET Q q 0 0 0 rg BT 215.24 577.85 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 267.97 577.85 Td (benefits, ) Tj ET Q q 0 0 0 rg BT 310.14 577.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 337.84 577.85 Td (and ) Tj ET Q q 0 0 0 rg BT 358.89 577.85 Td (synergies ) Tj ET Q q 0 0 0 rg BT 406.06 577.85 Td (in ) Tj ET Q q 0 0 0 rg BT 418.21 577.85 Td (connection ) Tj ET Q q 0 0 0 rg BT 470.94 577.85 Td (therewith; ) Tj ET Q q 0 0 0 rg BT 518.66 577.85 Td (and ) Tj ET Q q 0 0 0 rg BT 539.71 577.85 Td (other ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 565.85 Td (information ) Tj ET Q q 0 0 0 rg BT 102.63 565.85 Td (and ) Tj ET Q q 0 0 0 rg BT 122.99 565.85 Td (statements ) Tj ET Q q 0 0 0 rg BT 175.56 565.85 Td (that ) Tj ET Q q 0 0 0 rg BT 195.91 565.85 Td (are ) Tj ET Q q 0 0 0 rg BT 214.03 565.85 Td (not ) Tj ET Q q 0 0 0 rg BT 231.60 565.85 Td (historical ) Tj ET Q q 0 0 0 rg BT 274.72 565.85 Td (fact. ) Tj ET Q q 0 0 0 rg BT 297.05 565.85 Td (These ) Tj ET Q q 0 0 0 rg BT 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BT 436.26 553.85 Td (implied ) Tj ET Q q 0 0 0 rg BT 470.56 553.85 Td (by ) Tj ET Q q 0 0 0 rg BT 483.73 553.85 Td (these ) Tj ET Q q 0 0 0 rg BT 510.81 553.85 Td (statements. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 541.85 Td (These ) Tj ET Q q 0 0 0 rg BT 79.96 541.85 Td (risks ) Tj ET Q q 0 0 0 rg BT 103.19 541.85 Td (and ) Tj ET Q q 0 0 0 rg BT 122.54 541.85 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 181.91 541.85 Td (include ) Tj ET Q q 0 0 0 rg BT 216.27 541.85 Td (the ) Tj ET Q q 0 0 0 rg BT 232.85 541.85 Td (continued ) Tj ET Q q 0 0 0 rg BT 278.89 541.85 Td (use ) Tj ET Q q 0 0 0 rg BT 297.68 541.85 Td (by ) Tj ET Q q 0 0 0 rg BT 310.92 541.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 364.71 541.85 Td (and ) Tj ET Q q 0 0 0 rg BT 384.07 541.85 Td (potential ) Tj ET Q q 0 0 0 rg BT 424.55 541.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 478.35 541.85 Td (of ) Tj ET Q q 0 0 0 rg BT 489.36 541.85 Td (our ) Tj ET Q q 0 0 0 rg BT 506.48 541.85 Td (services ) Tj ET Q q 0 0 0 rg BT 545.83 541.85 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 529.85 Td (their ) Tj ET Q q 0 0 0 rg BT 70.92 529.85 Td (willingness ) Tj ET Q q 0 0 0 rg BT 121.24 529.85 Td (to ) Tj ET Q q 0 0 0 rg BT 131.55 529.85 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 170.22 529.85 Td (to ) Tj ET Q q 0 0 0 rg BT 180.53 529.85 Td (our ) Tj ET Q q 0 0 0 rg BT 196.95 529.85 Td (more ) Tj ET Q q 0 0 0 rg BT 221.70 529.85 Td (advanced ) Tj ET Q q 0 0 0 rg BT 267.04 529.85 Td (of) Tj ET Q q 0 0 0 rg BT 275.20 529.85 Td (ferings; ) Tj ET Q q 0 0 0 rg BT 309.96 529.85 Td (our ) Tj ET Q q 0 0 0 rg BT 326.38 529.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 353.91 529.85 Td (to ) Tj ET Q q 0 0 0 rg BT 364.22 529.85 Td (meet ) Tj ET Q q 0 0 0 rg BT 388.42 529.85 Td (challenges ) Tj ET Q q 0 0 0 rg BT 438.20 529.85 Td (from ) Tj ET Q q 0 0 0 rg BT 460.17 529.85 Td (competition, ) Tj ET Q q 0 0 0 rg BT 516.06 529.85 Td (to ) Tj ET Q q 0 0 0 rg BT 526.36 529.85 Td (manage ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 517.85 Td (rapid ) Tj ET Q q 0 0 0 rg BT 74.76 517.85 Td (technological ) Tj ET Q q 0 0 0 rg BT 136.16 517.85 Td (change ) Tj ET Q q 0 0 0 rg BT 171.99 517.85 Td (or ) Tj ET Q q 0 0 0 rg BT 183.90 517.85 Td (to ) Tj ET Q q 0 0 0 rg BT 195.26 517.85 Td (maintain ) Tj ET Q q 0 0 0 rg BT 236.08 517.85 Td (or ) Tj ET Q q 0 0 0 rg BT 248.00 517.85 Td (increase ) Tj ET Q q 0 0 0 rg BT 288.82 517.85 Td (rates ) Tj ET Q q 0 0 0 rg BT 314.07 517.85 Td (to ) Tj ET Q q 0 0 0 rg BT 325.43 517.85 Td (our ) Tj ET Q q 0 0 0 rg BT 342.91 517.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 397.06 517.85 Td (or ) Tj ET Q q 0 0 0 rg BT 408.97 517.85 Td (to ) Tj ET Q q 0 0 0 rg BT 420.33 517.85 Td (pass ) Tj ET Q q 0 0 0 rg BT 444.48 517.85 Td (through ) Tj ET Q q 0 0 0 rg BT 481.42 517.85 Td (increased ) Tj ET Q q 0 0 0 rg BT 527.80 517.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 554.16 517.85 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 505.85 Td (our ) Tj ET Q q 0 0 0 rg BT 67.57 505.85 Td (subscribers; ) Tj ET Q q 0 0 0 rg BT 125.10 505.85 Td (the ) Tj ET Q q 0 0 0 rg BT 142.62 505.85 Td (ef) Tj ET Q q 0 0 0 rg BT 150.78 505.85 Td (fects ) Tj ET Q q 0 0 0 rg BT 175.52 505.85 Td (of ) Tj ET Q q 0 0 0 rg BT 187.48 505.85 Td (changes ) Tj ET Q q 0 0 0 rg BT 228.91 505.85 Td (in ) Tj ET Q q 0 0 0 rg BT 240.31 505.85 Td (laws ) Tj ET Q q 0 0 0 rg BT 263.94 505.85 Td (or ) Tj ET Q q 0 0 0 rg BT 276.45 505.85 Td (regulation; ) Tj ET Q q 0 0 0 rg BT 326.77 505.85 Td (our ) Tj ET Q q 0 0 0 rg BT 344.84 505.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 374.03 505.85 Td (to ) Tj ET Q q 0 0 0 rg BT 385.99 505.85 Td (maintain ) Tj ET Q q 0 0 0 rg BT 427.41 505.85 Td (certain ) Tj ET Q q 0 0 0 rg BT 461.05 505.85 Td (accreditations; ) Tj ET Q q 0 0 0 rg BT 529.14 505.85 Td (general ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 493.85 Td (economic ) Tj ET Q q 0 0 0 rg BT 94.20 493.85 Td (factors; ) Tj ET Q q 0 0 0 rg BT 128.89 493.85 Td (our ) Tj ET Q q 0 0 0 rg BT 145.24 493.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 172.71 493.85 Td (to ) Tj ET Q q 0 0 0 rg BT 182.95 493.85 Td (obtain ) Tj ET Q q 0 0 0 rg BT 212.10 493.85 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 258.47 493.85 Td (approval ) Tj ET Q q 0 0 0 rg BT 298.73 493.85 Td (and ) Tj ET Q q 0 0 0 rg BT 317.32 493.85 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 347.56 493.85 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 393.93 493.85 Td (conditions ) Tj ET Q q 0 0 0 rg BT 440.86 493.85 Td (associated ) Tj ET Q q 0 0 0 rg BT 490.57 493.85 Td (with ) Tj ET Q q 0 0 0 rg BT 510.26 493.85 Td (acquisitions ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 481.85 Td (and ) Tj ET Q q 0 0 0 rg BT 68.93 481.85 Td (dispositions; ) Tj ET Q q 0 0 0 rg BT 126.71 481.85 Td (our ) Tj ET Q q 0 0 0 rg BT 143.91 481.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 172.22 481.85 Td (to ) Tj ET Q q 0 0 0 rg BT 183.31 481.85 Td (successfully ) Tj ET Q q 0 0 0 rg BT 239.96 481.85 Td (acquire ) Tj ET Q q 0 0 0 rg BT 275.51 481.85 Td (and ) Tj ET Q q 0 0 0 rg BT 294.94 481.85 Td (integrate ) Tj ET Q q 0 0 0 rg BT 336.60 481.85 Td (new ) Tj ET Q q 0 0 0 rg BT 357.69 481.85 Td (businesses ) Tj ET Q q 0 0 0 rg BT 410.47 481.85 Td (and ) Tj ET Q q 0 0 0 rg BT 429.90 481.85 Td (realize ) Tj ET Q q 0 0 0 rg BT 462.11 481.85 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 513.22 481.85 Td (ef) Tj ET Q q 0 0 0 rg BT 521.38 481.85 Td (ficiencies ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 469.85 Td (from ) Tj ET Q q 0 0 0 rg BT 73.25 469.85 Td (businesses ) Tj ET Q q 0 0 0 rg BT 127.03 469.85 Td (we ) Tj ET Q q 0 0 0 rg BT 143.56 469.85 Td (acquire; ) Tj ET Q q 0 0 0 rg BT 182.89 469.85 Td (the ) Tj ET Q q 0 0 0 rg BT 200.54 469.85 Td (availability ) Tj ET Q q 0 0 0 rg BT 250.42 469.85 Td (of ) Tj ET Q q 0 0 0 rg BT 262.51 469.85 Td (attractive ) Tj ET Q q 0 0 0 rg BT 306.83 469.85 Td (programming ) Tj ET Q q 0 0 0 rg BT 369.49 469.85 Td (for ) Tj ET Q q 0 0 0 rg BT 384.91 469.85 Td (our ) Tj ET Q q 0 0 0 rg BT 403.11 469.85 Td (digital ) Tj ET Q q 0 0 0 rg BT 432.99 469.85 Td (video ) Tj ET Q q 0 0 0 rg BT 460.65 469.85 Td (services ) Tj ET Q q 0 0 0 rg BT 501.07 469.85 Td (and ) Tj ET Q q 0 0 0 rg BT 521.50 469.85 Td (the ) Tj ET Q q 0 0 0 rg BT 539.16 469.85 Td (costs ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 457.85 Td (associated ) Tj ET Q q 0 0 0 rg BT 100.38 457.85 Td (with ) Tj ET Q q 0 0 0 rg BT 121.23 457.85 Td (such ) Tj ET Q q 0 0 0 rg BT 145.43 457.85 Td (programming; ) Tj ET Q q 0 0 0 rg BT 210.19 457.85 Td (our ) Tj ET Q q 0 0 0 rg BT 227.71 457.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 256.35 457.85 Td (to ) Tj ET Q q 0 0 0 rg BT 267.76 457.85 Td (achieve ) Tj ET Q q 0 0 0 rg BT 305.30 457.85 Td (forecasted ) Tj ET Q q 0 0 0 rg BT 355.07 457.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 394.83 457.85 Td (and ) Tj ET Q q 0 0 0 rg BT 414.58 457.85 Td (operating ) Tj ET Q q 0 0 0 rg BT 459.35 457.85 Td (targets; ) Tj ET Q q 0 0 0 rg BT 495.77 457.85 Td (the ) Tj ET Q q 0 0 0 rg BT 512.75 457.85 Td (outcome ) Tj ET Q q 0 0 0 rg BT 554.17 457.85 Td (of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 445.85 Td (any ) Tj ET Q q 0 0 0 rg BT 70.55 445.85 Td (pending ) Tj ET Q q 0 0 0 rg BT 111.07 445.85 Td (or ) Tj ET Q q 0 0 0 rg BT 124.89 445.85 Td (threatened ) Tj ET Q q 0 0 0 rg BT 177.63 445.85 Td (litigation; ) Tj ET Q q 0 0 0 rg BT 222.03 445.85 Td (the ) Tj ET Q q 0 0 0 rg BT 240.86 445.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 271.35 445.85 Td (of ) Tj ET Q q 0 0 0 rg BT 284.62 445.85 Td (our ) Tj ET Q q 0 0 0 rg BT 304.00 445.85 Td (operating ) Tj ET Q q 0 0 0 rg BT 350.62 445.85 Td (companies ) Tj ET Q q 0 0 0 rg BT 403.91 445.85 Td (to ) Tj ET Q q 0 0 0 rg BT 417.18 445.85 Td (access ) Tj ET Q q 0 0 0 rg BT 453.23 445.85 Td (cash ) Tj ET Q q 0 0 0 rg BT 479.28 445.85 Td (of ) Tj ET Q q 0 0 0 rg BT 492.54 445.85 Td (their ) Tj ET Q q 0 0 0 rg BT 516.92 445.85 Td (respective ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 433.85 Td (subsidiaries; ) Tj ET Q q 0 0 0 rg BT 107.93 433.85 Td (the ) Tj ET Q q 0 0 0 rg BT 124.68 433.85 Td (impact ) Tj ET Q q 0 0 0 rg BT 156.99 433.85 Td (of ) Tj ET Q q 0 0 0 rg BT 168.18 433.85 Td (our ) Tj ET Q q 0 0 0 rg BT 185.48 433.85 Td (operating ) Tj ET Q q 0 0 0 rg BT 230.03 433.85 Td (companies' ) Tj ET Q q 0 0 0 rg BT 283.15 433.85 Td (future ) Tj ET Q q 0 0 0 rg BT 311.57 433.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 351.11 433.85 Td (performance, ) Tj ET Q q 0 0 0 rg BT 412.87 433.85 Td (or ) Tj ET Q q 0 0 0 rg BT 424.62 433.85 Td (market ) Tj ET Q q 0 0 0 rg BT 458.03 433.85 Td (conditions ) Tj ET Q q 0 0 0 rg BT 505.91 433.85 Td (generally) Tj ET Q q 0 0 0 rg BT 545.75 433.85 Td (, ) Tj ET Q q 0 0 0 rg BT 551.37 433.85 Td (on ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 421.85 Td (the ) Tj ET Q q 0 0 0 rg BT 66.85 421.85 Td (availability) Tj ET Q q 0 0 0 rg BT 112.24 421.85 Td (, ) Tj ET Q q 0 0 0 rg BT 118.46 421.85 Td (terms ) Tj ET Q q 0 0 0 rg BT 146.91 421.85 Td (and ) Tj ET Q q 0 0 0 rg BT 167.04 421.85 Td (deployment ) Tj ET Q q 0 0 0 rg BT 222.19 421.85 Td (of ) Tj ET Q q 0 0 0 rg BT 233.98 421.85 Td (capital; ) Tj ET Q q 0 0 0 rg BT 269.11 421.85 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 323.14 421.85 Td (in ) Tj ET Q q 0 0 0 rg BT 334.37 421.85 Td (currency ) Tj ET Q q 0 0 0 rg BT 376.17 421.85 Td (exchange ) Tj ET Q q 0 0 0 rg BT 422.98 421.85 Td (and ) Tj ET Q q 0 0 0 rg BT 443.11 421.85 Td (interest ) Tj ET Q q 0 0 0 rg BT 479.35 421.85 Td (rates; ) Tj ET Q q 0 0 0 rg BT 507.81 421.85 Td (the ) Tj ET Q q 0 0 0 rg BT 525.16 421.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 554.17 421.85 Td (of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 409.85 Td (suppliers ) Tj ET Q q 0 0 0 rg BT 92.14 409.85 Td (and ) Tj ET Q q 0 0 0 rg BT 111.44 409.85 Td (vendors ) Tj ET Q q 0 0 0 rg BT 149.64 409.85 Td (\(including ) Tj ET Q q 0 0 0 rg BT 195.06 409.85 Td (our ) Tj ET Q q 0 0 0 rg BT 212.13 409.85 Td (third-party ) Tj ET Q q 0 0 0 rg BT 259.77 409.85 Td (wireless ) Tj ET Q q 0 0 0 rg BT 298.51 409.85 Td (network ) Tj ET Q q 0 0 0 rg BT 336.14 409.85 Td (providers ) Tj ET Q q 0 0 0 rg BT 379.89 409.85 Td (under ) Tj ET Q q 0 0 0 rg BT 408.08 409.85 Td (our ) Tj ET Q q 0 0 0 rg BT 425.16 409.85 Td (MVNO ) Tj ET Q q 0 0 0 rg BT 457.78 409.85 Td (arrangements\) ) Tj ET Q q 0 0 0 rg BT 525.43 409.85 Td (to ) Tj ET Q q 0 0 0 rg BT 536.38 409.85 Td (timely ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 397.85 Td (deliver ) Tj ET Q q 0 0 0 rg BT 81.77 397.85 Td (quality ) Tj ET Q q 0 0 0 rg BT 113.49 397.85 Td (products, ) Tj ET Q q 0 0 0 rg BT 157.43 397.85 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 209.72 397.85 Td (software, ) Tj ET Q q 0 0 0 rg BT 253.11 397.85 Td (services ) Tj ET Q q 0 0 0 rg BT 292.59 397.85 Td (and ) Tj ET Q q 0 0 0 rg BT 312.09 397.85 Td (access; ) Tj ET Q q 0 0 0 rg BT 348.80 397.85 Td (our ) Tj ET Q q 0 0 0 rg BT 366.07 397.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 394.45 397.85 Td (to ) Tj ET Q q 0 0 0 rg BT 405.60 397.85 Td (adequately ) Tj ET Q q 0 0 0 rg BT 457.34 397.85 Td (forecast ) Tj ET Q q 0 0 0 rg BT 495.72 397.85 Td (and ) Tj ET Q q 0 0 0 rg BT 515.22 397.85 Td (plan ) Tj ET Q q 0 0 0 rg BT 536.94 397.85 Td (future ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 385.85 Td (network ) Tj ET Q q 0 0 0 rg BT 86.85 385.85 Td (requirements ) Tj ET Q q 0 0 0 rg BT 147.55 385.85 Td (including ) Tj ET Q q 0 0 0 rg BT 189.36 385.85 Td (the ) Tj ET Q q 0 0 0 rg BT 205.60 385.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 231.27 385.85 Td (and ) Tj ET Q q 0 0 0 rg BT 250.30 385.85 Td (benefits ) Tj ET Q q 0 0 0 rg BT 287.66 385.85 Td (associated ) Tj ET Q q 0 0 0 rg BT 337.80 385.85 Td (with ) Tj ET Q q 0 0 0 rg BT 357.92 385.85 Td (network ) Tj ET Q q 0 0 0 rg BT 395.28 385.85 Td (expansions; ) Tj ET Q q 0 0 0 rg BT 450.98 385.85 Td (and ) Tj ET Q q 0 0 0 rg BT 470.00 385.85 Td (other ) Tj ET Q q 0 0 0 rg BT 495.14 385.85 Td (factors ) Tj ET Q q 0 0 0 rg BT 527.48 385.85 Td (detailed ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 373.85 Td (from ) Tj ET Q q 0 0 0 rg BT 72.00 373.85 Td (time ) Tj ET Q q 0 0 0 rg BT 93.40 373.85 Td (to ) Tj ET Q q 0 0 0 rg BT 104.24 373.85 Td (time ) Tj ET Q q 0 0 0 rg BT 125.63 373.85 Td (in ) Tj ET Q q 0 0 0 rg BT 135.92 373.85 Td (our ) Tj ET Q q 0 0 0 rg BT 152.88 373.85 Td (filings ) Tj ET Q q 0 0 0 rg BT 180.95 373.85 Td (with ) Tj ET Q q 0 0 0 rg BT 201.23 373.85 Td (the ) Tj ET Q q 0 0 0 rg BT 217.64 373.85 Td (Securities ) Tj ET Q q 0 0 0 rg BT 264.05 373.85 Td (and ) Tj ET Q q 0 0 0 rg BT 283.23 373.85 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 330.21 373.85 Td (Commission, ) Tj ET Q q 0 0 0 rg BT 390.50 373.85 Td (including ) Tj ET Q q 0 0 0 rg BT 432.48 373.85 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 465.00 373.85 Td (Global's ) Tj ET Q q 0 0 0 rg BT 503.32 373.85 Td (most ) Tj ET Q q 0 0 0 rg BT 527.49 373.85 Td (recently ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 361.85 Td (filed ) Tj ET Q q 0 0 0 rg BT 71.67 361.85 Td (Form ) Tj ET Q q 0 0 0 rg BT 98.82 361.85 Td (10-K ) Tj ET Q q 0 0 0 rg BT 123.76 361.85 Td (and ) Tj ET Q q 0 0 0 rg BT 144.26 361.85 Td (Form ) Tj ET Q q 0 0 0 rg BT 171.41 361.85 Td (10-Q. ) Tj ET Q q 0 0 0 rg BT 200.00 361.85 Td (These ) Tj ET Q q 0 0 0 rg BT 231.61 361.85 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 303.79 361.85 Td (statements ) Tj ET Q q 0 0 0 rg BT 356.52 361.85 Td (speak ) Tj ET Q q 0 0 0 rg BT 387.03 361.85 Td (only ) Tj ET Q q 0 0 0 rg BT 409.19 361.85 Td (as ) Tj ET Q q 0 0 0 rg BT 423.58 361.85 Td (of ) Tj ET Q q 0 0 0 rg BT 435.74 361.85 Td (the ) Tj ET Q q 0 0 0 rg BT 453.46 361.85 Td (date ) Tj ET Q q 0 0 0 rg BT 476.74 361.85 Td (of ) Tj ET Q q 0 0 0 rg BT 488.90 361.85 Td (this ) Tj ET Q q 0 0 0 rg BT 508.28 361.85 Td (release. ) Tj ET Q q 0 0 0 rg BT 547.68 361.85 Td (W) Tj ET Q q 0 0 0 rg BT 556.94 361.85 Td (e ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 349.85 Td (expressly ) Tj ET Q q 0 0 0 rg BT 96.02 349.85 Td (disclaim ) Tj ET Q q 0 0 0 rg BT 136.42 349.85 Td (any ) Tj ET Q q 0 0 0 rg BT 156.83 349.85 Td (obligation ) Tj ET Q q 0 0 0 rg BT 203.92 349.85 Td (or ) Tj ET Q q 0 0 0 rg BT 217.10 349.85 Td (undertaking ) Tj ET Q q 0 0 0 rg BT 273.64 349.85 Td (to ) Tj ET Q q 0 0 0 rg BT 286.27 349.85 Td (disseminate ) Tj ET Q q 0 0 0 rg BT 343.91 349.85 Td (any ) Tj ET Q q 0 0 0 rg BT 364.32 349.85 Td (updates ) Tj ET Q q 0 0 0 rg BT 404.19 349.85 Td (or ) Tj ET Q q 0 0 0 rg BT 417.36 349.85 Td (revisions ) Tj ET Q q 0 0 0 rg BT 461.10 349.85 Td (to ) Tj ET Q q 0 0 0 rg BT 473.73 349.85 Td (any ) Tj ET Q q 0 0 0 rg BT 494.13 349.85 Td (forward-looking ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 337.85 Td (statement ) Tj ET Q q 0 0 0 rg BT 96.90 337.85 Td (contained ) Tj ET Q q 0 0 0 rg BT 143.76 337.85 Td (herein ) Tj ET Q q 0 0 0 rg BT 175.05 337.85 Td (to ) Tj ET Q q 0 0 0 rg BT 186.88 337.85 Td (reflect ) Tj ET Q q 0 0 0 rg BT 217.61 337.85 Td (any ) Tj ET Q q 0 0 0 rg BT 237.22 337.85 Td (change ) Tj ET Q q 0 0 0 rg BT 273.52 337.85 Td (in ) Tj ET Q q 0 0 0 rg BT 284.80 337.85 Td (our ) Tj ET Q q 0 0 0 rg BT 302.74 337.85 Td (expectations ) Tj ET Q q 0 0 0 rg BT 362.38 337.85 Td (with ) Tj ET Q q 0 0 0 rg BT 383.66 337.85 Td (regard ) Tj ET Q q 0 0 0 rg BT 416.05 337.85 Td (thereto ) Tj ET Q q 0 0 0 rg BT 450.68 337.85 Td (or ) Tj ET Q q 0 0 0 rg BT 463.06 337.85 Td (any ) Tj ET Q q 0 0 0 rg BT 482.68 337.85 Td (change ) Tj ET Q q 0 0 0 rg BT 518.98 337.85 Td (in ) Tj ET Q q 0 0 0 rg BT 530.25 337.85 Td (events, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 325.85 Td (conditions ) Tj ET Q q 0 0 0 rg BT 97.31 325.85 Td (or ) Tj ET Q q 0 0 0 rg BT 108.98 325.85 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 175.66 325.85 Td (on ) Tj ET Q q 0 0 0 rg BT 189.56 325.85 Td (which ) Tj ET Q q 0 0 0 rg BT 217.91 325.85 Td (any ) Tj ET Q q 0 0 0 rg BT 236.81 325.85 Td (such ) Tj ET Q q 0 0 0 rg BT 260.71 325.85 Td (statement ) Tj ET Q q 0 0 0 rg BT 307.40 325.85 Td (is ) Tj ET Q q 0 0 0 rg BT 317.40 325.85 Td (based.) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 297.05 Td (Contact Information) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 52.5 275.18525390624995 m 212.529296875 275.18525390624995 l s q 0 0 0 rg BT 52.50 276.77 Td (Liberty Global Investor Relations:) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 304.5 275.18525390624995 m 509.51953125 275.18525390624995 l s q 0 0 0 rg BT 304.50 276.77 Td (Liberty Global Corporate Communications:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 262.77 Td (Oskar Nooij) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.50 262.77 Td (+1 303 220 4218) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.50 262.77 Td (Matt Beake) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 262.77 Td (+44 20 8483 6428) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 248.77 Td (Christian Fangmann) Tj ET Q BT /F2 10.00 Tf ET q 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gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 339.5 m 323 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 337.5 m 323 337.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 349.5 m 380 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 339.5 m 380 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 337.5 m 380 337.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 349.5 m 437 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 339.5 m 437 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 337.5 m 437 337.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 349.5 m 494 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 339.5 m 494 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 337.5 m 494 337.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 349.5 m 551 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 339.5 m 551 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 337.5 m 551 337.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 349.5 m 608 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 339.5 m 608 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 337.5 m 608 337.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 349.5 m 665 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 339.5 m 665 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 337.5 m 665 337.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 349.5 m 722 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 339.5 m 722 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 337.5 m 722 337.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 239.5 m 209 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 239.5 m 323 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 239.5 m 380 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 239.5 m 437 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 239.5 m 494 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 239.5 m 551 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 239.5 m 608 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 239.5 m 665 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 239.5 m 722 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 239.5 m 209 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 229.5 m 209 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 227.5 m 209 227.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 239.5 m 266 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 229.5 m 266 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 227.5 m 266 227.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 239.5 m 323 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 229.5 m 323 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 227.5 m 323 227.5 l s 0 0 0 RG /GS0 gs 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l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 227.5 m 608 227.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 239.5 m 665 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 229.5 m 665 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 227.5 m 665 227.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 239.5 m 722 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 229.5 m 722 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 227.5 m 722 227.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 190.5 m 209 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 190.5 m 266 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 190.5 m 323 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 190.5 m 380 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 190.5 m 437 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 190.5 m 494 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 190.5 m 551 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 190.5 m 608 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 190.5 m 665 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 190.5 m 722 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 190.5 m 209 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 180.5 m 209 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 178.5 m 209 178.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 190.5 m 266 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 180.5 m 266 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 178.5 m 266 178.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 190.5 m 323 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 180.5 m 323 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 178.5 m 323 178.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 190.5 m 380 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 180.5 m 380 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 178.5 m 380 178.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 190.5 m 437 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 180.5 m 437 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 178.5 m 437 178.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 190.5 m 494 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 180.5 m 494 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 178.5 m 494 178.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 190.5 m 551 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 180.5 m 551 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 178.5 m 551 178.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 190.5 m 608 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 180.5 m 608 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 178.5 m 608 178.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 190.5 m 665 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 180.5 m 665 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 178.5 m 665 178.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 190.5 m 722 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 180.5 m 722 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 178.5 m 722 178.5 l s BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 261.05 528.34 Td (Selected Operating Data & Subscriber Variance Table March 31, 2016) Tj ET Q BT /F3 7.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 486.00 515.95 Td (Video) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 171.95 496.28 Td (Homes) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 168.00 490.28 Td (Passed) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 189.01 493.14 Td (\(12\)) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 226.55 502.28 Td (T) 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Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 170.20 467.18 Td (2,197,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 467.18 Td (2,196,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 467.23 Td (1,314,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 467.23 Td (2,516,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 467.18 Td (601,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 467.23 Td (668,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 467.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 569.20 467.18 Td (1,269,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 467.18 Td (747,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 467.18 Td (500,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 456.18 Td (Austria) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 48.45 456.18 Td (.............................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 170.20 456.18 Td (1,375,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 456.18 Td (1,375,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.80 456.18 Td (651,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 456.23 Td (1,382,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 456.18 Td (133,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 456.23 Td (362,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 456.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 575.85 456.18 Td (495,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 456.18 Td (488,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 456.18 Td (398,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 445.18 Td (Poland) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 48.45 445.18 Td (.............................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 170.20 445.18 Td (2,998,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 445.18 Td (2,933,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 445.23 Td (1,437,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 445.23 Td (2,871,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 445.18 Td (232,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 445.23 Td (970,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 445.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 569.20 445.18 Td (1,202,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 626.20 445.18 Td (1,064,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 445.18 Td (605,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 434.18 Td (Hungary) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.90 434.18 Td (...........................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 170.20 434.18 Td (1,644,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 434.18 Td (1,627,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 434.23 Td (1,102,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 434.23 Td (2,095,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 434.18 Td (158,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 434.23 Td (493,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.85 434.23 Td (293,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 575.85 434.18 Td (945,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 434.18 Td (598,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 434.18 Td (550,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 423.18 Td (Romania) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.10 423.18 Td (..........................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 170.20 423.18 Td (2,684,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 423.18 Td (2,622,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 423.23 Td (1,245,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 423.23 Td (2,150,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 423.18 Td (282,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 423.23 Td (606,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.85 423.23 Td (345,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 569.20 423.18 Td (1,234,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 423.18 Td (500,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 423.18 Td (415,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 412.18 Td (Czech Republic) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 79.55 412.18 Td (...............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 170.20 412.18 Td (1,425,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 412.18 Td (1,391,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.80 412.18 Td (710,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 412.23 Td (1,203,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 412.18 Td (118,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 412.23 Td (354,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.85 412.23 Td (117,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 575.85 412.18 Td (590,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 412.18 Td (456,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 412.18 Td (156,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 401.18 Td (Slovakia) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.90 401.18 Td (...........................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 176.85 401.18 Td (541,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.85 401.18 Td (519,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.80 401.18 Td (273,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.80 401.18 Td (442,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.30 401.23 Td (33,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 401.23 Td (143,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.30 401.18 Td (69,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 575.85 401.18 Td (246,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 401.18 Td (123,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 401.18 Td (72,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 25.50 390.18 Td (Total UPC Holding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 92.90 390.18 Td (.........................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 165.75 390.23 Td (12,866,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.75 390.23 Td (12,666,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 390.23 Td (6,734,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.75 390.23 Td (12,663,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.20 390.23 Td (1,559,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.20 390.23 Td (3,598,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.85 390.23 Td (825,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 569.20 390.18 Td (5,983,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 626.20 390.18 Td (3,980,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 683.20 390.18 Td (2,699,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 363.18 Td (United Kingdom) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 79.55 363.18 Td (...............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 165.75 363.23 Td (12,978,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.75 363.23 Td (12,960,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 363.23 Td (5,170,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.75 363.23 Td (12,842,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.75 363.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.20 363.23 Td (3,719,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 363.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 569.20 363.18 Td (3,719,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 626.20 363.18 Td (4,765,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 683.20 363.18 Td (4,357,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 352.18 Td (Ireland) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 48.45 352.18 Td (.............................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 176.85 352.18 Td (836,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.85 352.18 Td (775,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.80 352.18 Td (468,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 352.23 Td (1,055,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.30 352.23 Td (30,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 352.23 Td (301,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 352.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 575.85 352.18 Td (332,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 352.18 Td (367,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 352.18 Td (355,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 25.50 341.18 Td (Total Virgin Media) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 90.70 341.18 Td (..........................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 165.75 341.23 Td (13,814,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.75 341.23 Td (13,736,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 341.23 Td (5,638,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.75 341.23 Td (13,897,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.30 341.23 Td (30,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.20 341.23 Td (4,021,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 341.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 569.20 341.18 Td (4,052,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 626.20 341.18 Td (5,133,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 683.20 341.18 Td (4,712,500) Tj ET Q BT /F3 8.00 Tf ET 0 0 0 RG /GS0 gs 0.84 w 0 i [] 0 d 1 J 1 j 3 M 16.5 317.908203125 m 93.4296875 317.908203125 l s q 0 0 0 rg BT 16.50 319.18 Td (Subscriber Variance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 308.18 Td (Switzerland) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 64.00 308.18 Td (......................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 185.75 308.23 Td (2,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.75 308.23 Td (2,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 292.65 308.18 Td (\(37,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.65 308.18 Td (\(50,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.65 308.18 Td (\(18,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 463.65 308.18 Td (\(14,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 308.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 577.65 308.18 Td (\(33,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 604.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 634.65 308.18 Td (\(12,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 661.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 696.10 308.18 Td (\(4,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 718.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 297.18 Td (Austria) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 48.45 297.18 Td (.............................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 185.75 297.23 Td (2,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.75 297.23 Td (2,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.05 297.18 Td (\(3,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.80 297.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.75 297.23 Td (3,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.05 297.18 Td (\(6,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 297.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.10 297.23 Td (\(1,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.80 297.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 297.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 582.10 297.18 Td (\(7,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 604.80 297.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 641.75 297.18 Td (3,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 698.75 297.18 Td (7,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 286.18 Td (Poland) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 48.45 286.18 Td (.............................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 181.25 286.18 Td (27,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 286.23 Td (30,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.05 286.18 Td (\(4,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.80 286.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 286.23 Td (24,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.05 286.18 Td (\(8,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 286.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.75 286.23 Td (7,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 286.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 588.75 286.18 Td (\(800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 604.80 286.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 637.30 286.18 Td (12,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 286.18 Td (12,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 275.18 Td (Hungary) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.90 275.18 Td (...........................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 181.25 275.18 Td (20,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 275.23 Td (20,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.75 275.23 Td (8,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 275.23 Td (34,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.65 275.18 Td (\(11,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 275.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.30 275.23 Td (15,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.75 275.18 Td (3,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 584.75 275.18 Td (7,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 637.30 275.18 Td (10,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 275.18 Td (16,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 264.18 Td (Romania) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.10 264.18 Td (..........................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 181.25 264.18 Td (36,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 264.23 Td (42,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.75 264.23 Td (1,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 264.23 Td (23,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.05 264.18 Td (\(8,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 264.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.30 264.23 Td (13,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.10 264.23 Td (\(5,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 547.80 264.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 591.45 264.18 Td (100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 637.30 264.18 Td (11,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 264.18 Td (11,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 253.18 Td (Czech Republic) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 79.55 253.18 Td (...............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 185.75 253.23 Td (3,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.75 253.23 Td (3,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.05 253.18 Td (\(9,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.80 253.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 253.18 Td (\(3,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.80 253.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.30 253.23 Td (11,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.10 253.23 Td (\(6,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.80 253.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.10 253.23 Td (\(2,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 547.80 253.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 584.75 253.18 Td (1,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 653.75 253.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 696.10 253.18 Td (\(4,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 718.80 253.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 242.18 Td (Slovakia) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.90 242.18 Td (...........................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 185.75 242.23 Td (1,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.75 242.23 Td (1,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.05 242.18 Td (\(2,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.80 242.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.75 242.23 Td (\(300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.80 242.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.05 242.18 Td (\(2,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 242.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.10 242.23 Td (\(1,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.80 242.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 242.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 582.10 242.18 Td (\(3,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 604.80 242.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 648.45 242.18 Td (400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 698.75 242.18 Td (3,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 25.50 231.18 Td (Total UPC Holding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 92.90 231.18 Td (.........................) 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ET Q q 0 0 0 rg BT 398.73 649.85 Td (and ) Tj ET Q q 0 0 0 rg BT 414.09 649.85 Td (a ) Tj ET Q q 0 0 0 rg BT 420.56 649.85 Td (vacation ) Tj ET Q q 0 0 0 rg BT 452.38 649.85 Td (home\), ) Tj ET Q q 0 0 0 rg BT 479.30 649.85 Td (that ) Tj ET Q q 0 0 0 rg BT 494.67 649.85 Td (individual ) Tj ET Q q 0 0 0 rg BT 530.04 649.85 Td (generally ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 640.25 Td (will ) Tj ET Q q 0 0 0 rg BT 80.83 640.25 Td (count ) Tj ET Q q 0 0 0 rg BT 102.63 640.25 Td (as ) Tj ET Q q 0 0 0 rg BT 113.30 640.25 Td (two ) Tj ET Q q 0 0 0 rg BT 127.97 640.25 Td (Customer ) Tj ET Q q 0 0 0 rg BT 164.87 640.25 Td (Relationships. ) Tj ET Q q 0 0 0 rg BT 217.34 640.25 Td (W) Tj ET Q q 0 0 0 rg BT 224.75 640.25 Td (e ) Tj ET Q q 0 0 0 rg BT 231.42 640.25 Td (exclude ) Tj ET Q q 0 0 0 rg BT 261.21 640.25 Td (mobile-only ) Tj ET Q q 0 0 0 rg BT 304.34 640.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 343.46 640.25 Td (from ) Tj ET Q q 0 0 0 rg BT 361.69 640.25 Td (Customer ) Tj ET Q q 0 0 0 rg BT 398.59 640.25 Td (Relationships. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 628.47 Td (2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.39 624.65 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 624.65 Td (Customer ) Tj ET Q q 0 0 0 rg BT 103.71 624.65 Td (Churn ) Tj ET Q q 0 0 0 rg BT 127.03 624.65 Td (represents ) Tj ET Q q 0 0 0 rg BT 166.35 624.65 Td (the ) Tj ET Q q 0 0 0 rg BT 179.00 624.65 Td (rate ) Tj ET Q q 0 0 0 rg BT 194.32 624.65 Td (at ) Tj ET Q q 0 0 0 rg BT 202.52 624.65 Td (which ) Tj ET Q q 0 0 0 rg BT 224.50 624.65 Td (customers ) Tj ET Q q 0 0 0 rg BT 262.93 624.65 Td (relinquish ) Tj ET Q q 0 0 0 rg BT 298.71 624.65 Td (their ) Tj ET Q q 0 0 0 rg BT 315.80 624.65 Td (subscriptions. ) Tj ET Q q 0 0 0 rg BT 366.14 624.65 Td (The ) Tj ET Q q 0 0 0 rg BT 381.46 624.65 Td (annual ) Tj ET Q q 0 0 0 rg BT 407.01 624.65 Td (rolling ) Tj ET Q q 0 0 0 rg BT 429.88 624.65 Td (average ) Tj ET Q q 0 0 0 rg BT 460.32 624.65 Td (basis ) Tj ET Q q 0 0 0 rg BT 480.53 624.65 Td (is ) Tj ET Q q 0 0 0 rg BT 487.84 624.65 Td (calculated ) Tj ET Q q 0 0 0 rg BT 525.39 624.65 Td (by ) Tj ET Q q 0 0 0 rg BT 535.37 624.65 Td (dividing ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 615.05 Td (the ) Tj ET Q q 0 0 0 rg BT 80.94 615.05 Td (number ) Tj ET Q q 0 0 0 rg BT 110.37 615.05 Td (of ) Tj ET Q q 0 0 0 rg BT 119.36 615.05 Td (disconnects ) Tj ET Q q 0 0 0 rg BT 163.92 615.05 Td (during ) Tj ET Q q 0 0 0 rg BT 188.47 615.05 Td (the ) Tj ET Q q 0 0 0 rg BT 201.91 615.05 Td (preceding ) Tj ET Q q 0 0 0 rg BT 239.36 615.05 Td (12 ) Tj ET Q q 0 0 0 rg BT 250.57 615.05 Td (months ) Tj ET Q q 0 0 0 rg BT 279.12 615.05 Td (by ) Tj ET Q q 0 0 0 rg BT 289.88 615.05 Td (the ) Tj ET Q q 0 0 0 rg BT 303.32 615.05 Td (average ) Tj ET Q q 0 0 0 rg BT 334.54 615.05 Td (number ) Tj ET Q q 0 0 0 rg BT 363.98 615.05 Td (of ) Tj ET Q q 0 0 0 rg BT 372.97 615.05 Td (customer ) Tj ET Q q 0 0 0 rg BT 408.18 615.05 Td (relationships. ) Tj ET Q q 0 0 0 rg BT 457.63 615.05 Td (For ) Tj ET Q q 0 0 0 rg BT 471.94 615.05 Td (the ) Tj ET Q q 0 0 0 rg BT 485.38 615.05 Td (purpose ) Tj ET Q q 0 0 0 rg BT 516.60 615.05 Td (of ) Tj ET Q q 0 0 0 rg BT 525.59 615.05 Td (computing ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 605.45 Td (churn, ) Tj ET Q q 0 0 0 rg BT 92.05 605.45 Td (a ) Tj ET Q q 0 0 0 rg BT 98.81 605.45 Td (disconnect ) Tj ET Q q 0 0 0 rg BT 139.37 605.45 Td (is ) Tj ET Q q 0 0 0 rg BT 147.47 605.45 Td (deemed ) Tj ET Q q 0 0 0 rg BT 178.69 605.45 Td (to ) Tj ET Q q 0 0 0 rg BT 187.68 605.45 Td (have ) Tj ET Q q 0 0 0 rg BT 207.34 605.45 Td (occurred ) Tj ET Q q 0 0 0 rg BT 240.78 605.45 Td (if ) Tj ET Q q 0 0 0 rg BT 247.10 605.45 Td (the ) Tj ET Q q 0 0 0 rg BT 260.53 605.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 295.75 605.45 Td (no ) Tj ET Q q 0 0 0 rg BT 306.96 605.45 Td (longer ) Tj ET Q q 0 0 0 rg BT 331.51 605.45 Td (receives ) Tj ET Q q 0 0 0 rg BT 363.62 605.45 Td (any ) Tj ET Q q 0 0 0 rg BT 378.83 605.45 Td (level ) Tj ET Q q 0 0 0 rg BT 397.60 605.45 Td (of ) Tj ET Q q 0 0 0 rg BT 406.58 605.45 Td (service ) Tj ET Q q 0 0 0 rg BT 434.24 605.45 Td (from ) Tj ET Q q 0 0 0 rg BT 452.55 605.45 Td (us ) Tj ET Q q 0 0 0 rg BT 463.32 605.45 Td (and ) Tj ET Q q 0 0 0 rg BT 478.98 605.45 Td (is ) Tj ET Q q 0 0 0 rg BT 487.07 605.45 Td (required ) Tj ET Q q 0 0 0 rg BT 518.74 605.45 Td (to ) Tj ET Q q 0 0 0 rg BT 527.73 605.45 Td (return ) Tj ET Q q 0 0 0 rg BT 550.94 605.45 Td (our ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 595.85 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 109.93 595.85 Td (A) Tj ET Q q 0 0 0 rg BT 114.82 595.85 Td ( ) Tj ET Q q 0 0 0 rg BT 118.37 595.85 Td (partial ) Tj ET Q q 0 0 0 rg BT 143.71 595.85 Td (product ) Tj ET Q q 0 0 0 rg BT 173.94 595.85 Td (downgrade, ) Tj ET Q q 0 0 0 rg BT 219.30 595.85 Td (typically ) Tj ET Q q 0 0 0 rg BT 251.30 595.85 Td (used ) Tj ET Q q 0 0 0 rg BT 272.20 595.85 Td (to ) Tj ET Q q 0 0 0 rg BT 282.42 595.85 Td (encourage ) Tj ET Q q 0 0 0 rg BT 323.77 595.85 Td (customers ) Tj ET Q q 0 0 0 rg BT 364.22 595.85 Td (to ) Tj ET Q q 0 0 0 rg BT 374.44 595.85 Td (pay ) Tj ET Q q 0 0 0 rg BT 390.89 595.85 Td (an ) Tj ET Q q 0 0 0 rg BT 403.34 595.85 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 448.25 595.85 Td (bill ) Tj ET Q q 0 0 0 rg BT 461.58 595.85 Td (and ) Tj ET Q q 0 0 0 rg BT 478.48 595.85 Td (avoid ) Tj ET Q q 0 0 0 rg BT 501.15 595.85 Td (complete ) Tj ET Q q 0 0 0 rg BT 537.16 595.85 Td (service ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 586.25 Td (disconnection ) Tj ET Q q 0 0 0 rg BT 118.25 586.25 Td (is ) Tj ET Q q 0 0 0 rg BT 125.85 586.25 Td (not ) Tj ET Q q 0 0 0 rg BT 138.80 586.25 Td (considered ) Tj ET Q q 0 0 0 rg BT 179.76 586.25 Td (to ) Tj ET Q q 0 0 0 rg BT 188.26 586.25 Td (be ) Tj ET Q q 0 0 0 rg BT 198.98 586.25 Td (disconnected ) Tj ET Q q 0 0 0 rg BT 247.95 586.25 Td (for ) Tj ET Q q 0 0 0 rg BT 259.11 586.25 Td (purposes ) Tj ET Q q 0 0 0 rg BT 293.85 586.25 Td (of ) Tj ET Q q 0 0 0 rg BT 302.35 586.25 Td (our ) Tj ET Q q 0 0 0 rg BT 315.73 586.25 Td (churn ) Tj ET Q q 0 0 0 rg BT 337.57 586.25 Td (calculations. ) Tj ET Q q 0 0 0 rg BT 383.42 586.25 Td (Customers ) Tj ET Q q 0 0 0 rg BT 423.92 586.25 Td (who ) Tj ET Q q 0 0 0 rg BT 440.42 586.25 Td (move ) Tj ET Q q 0 0 0 rg BT 461.81 586.25 Td (within ) Tj ET Q q 0 0 0 rg BT 484.09 586.25 Td (our ) Tj ET Q q 0 0 0 rg BT 497.48 586.25 Td (cable ) Tj ET Q q 0 0 0 rg BT 518.43 586.25 Td (footprint ) Tj ET Q q 0 0 0 rg BT 549.16 586.25 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 576.65 Td (upgrades ) Tj ET Q q 0 0 0 rg BT 103.08 576.65 Td (and ) Tj ET Q q 0 0 0 rg BT 118.65 576.65 Td (downgrades ) Tj ET Q q 0 0 0 rg BT 164.46 576.65 Td (between ) Tj ET Q q 0 0 0 rg BT 196.93 576.65 Td (services ) Tj ET Q q 0 0 0 rg BT 228.49 576.65 Td (are ) Tj ET Q q 0 0 0 rg BT 242.28 576.65 Td (also ) Tj ET Q q 0 0 0 rg BT 259.18 576.65 Td (excluded ) Tj ET Q q 0 0 0 rg BT 293.42 576.65 Td (from ) Tj ET Q q 0 0 0 rg BT 311.64 576.65 Td (the ) Tj ET Q q 0 0 0 rg BT 324.99 576.65 Td (disconnect ) Tj ET Q q 0 0 0 rg BT 365.46 576.65 Td (figures ) Tj ET Q q 0 0 0 rg BT 391.69 576.65 Td (used ) Tj ET Q q 0 0 0 rg BT 411.26 576.65 Td (in ) Tj ET Q q 0 0 0 rg BT 419.71 576.65 Td (the ) Tj ET Q q 0 0 0 rg BT 433.05 576.65 Td (churn ) Tj ET Q q 0 0 0 rg BT 455.29 576.65 Td (calculation.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 564.87 Td (3 ) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 53.84 564.87 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 561.05 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 101.49 561.05 Td (Generating ) Tj ET Q q 0 0 0 rg BT 143.03 561.05 Td (Unit ) Tj ET Q q 0 0 0 rg BT 159.22 561.05 Td (or ) Tj ET Q q 0 0 0 rg BT 168.30 561.05 Td ("RGU" ) Tj ET Q q 0 0 0 rg BT 193.72 561.05 Td (is ) Tj ET Q q 0 0 0 rg BT 201.46 561.05 Td (separately ) Tj ET Q q 0 0 0 rg BT 240.33 561.05 Td (a ) Tj ET Q q 0 0 0 rg BT 246.75 561.05 Td (Basic ) Tj ET Q q 0 0 0 rg BT 268.27 561.05 Td (V) Tj ET Q q 0 0 0 rg BT 273.46 561.05 Td (ideo ) Tj ET Q q 0 0 0 rg BT 290.55 561.05 Td (Subscriber) Tj ET Q q 0 0 0 rg BT 328.35 561.05 Td (, ) Tj ET Q q 0 0 0 rg BT 332.53 561.05 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 370.53 561.05 Td (V) Tj ET Q q 0 0 0 rg BT 375.72 561.05 Td (ideo ) Tj ET Q q 0 0 0 rg BT 392.81 561.05 Td (Subscriber) Tj ET Q q 0 0 0 rg BT 430.61 561.05 Td (, ) Tj ET Q q 0 0 0 rg BT 434.79 561.05 Td (DTH ) Tj ET Q q 0 0 0 rg BT 453.20 561.05 Td (Subscriber) Tj ET Q q 0 0 0 rg BT 490.99 561.05 Td (, ) Tj ET Q q 0 0 0 rg BT 495.18 561.05 Td (Internet ) Tj ET Q q 0 0 0 rg BT 524.27 561.05 Td (Subscriber ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 551.45 Td (or ) Tj ET Q q 0 0 0 rg BT 76.99 551.45 Td (T) Tj ET Q q 0 0 0 rg BT 80.99 551.45 Td (elephony ) Tj ET Q q 0 0 0 rg BT 116.01 551.45 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 156.79 551.45 Td (\(each ) Tj ET Q q 0 0 0 rg BT 179.34 551.45 Td (as ) Tj ET Q q 0 0 0 rg BT 190.33 551.45 Td (defined ) Tj ET Q q 0 0 0 rg BT 219.12 551.45 Td (and ) Tj ET Q q 0 0 0 rg BT 235.01 551.45 Td (described ) Tj ET Q q 0 0 0 rg BT 272.24 551.45 Td (below\). ) Tj ET Q q 0 0 0 rg BT 300.07 551.45 Td (A) Tj ET Q q 0 0 0 rg BT 304.97 551.45 Td ( ) Tj ET Q q 0 0 0 rg BT 307.51 551.45 Td (home, ) Tj ET Q q 0 0 0 rg BT 332.29 551.45 Td (residential ) Tj ET Q q 0 0 0 rg BT 371.29 551.45 Td (multiple ) Tj ET Q q 0 0 0 rg BT 401.40 551.45 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 432.85 551.45 Td (unit, ) Tj ET Q q 0 0 0 rg BT 450.52 551.45 Td (or ) Tj ET Q q 0 0 0 rg BT 460.17 551.45 Td (commercial ) Tj ET Q q 0 0 0 rg BT 503.61 551.45 Td (unit ) Tj ET Q q 0 0 0 rg BT 519.05 551.45 Td (may ) Tj ET Q q 0 0 0 rg BT 536.71 551.45 Td (contain ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 541.85 Td (one ) Tj ET Q q 0 0 0 rg BT 82.43 541.85 Td (or ) Tj ET Q q 0 0 0 rg BT 91.13 541.85 Td (more ) Tj ET Q q 0 0 0 rg BT 110.95 541.85 Td (RGUs. ) Tj ET Q q 0 0 0 rg BT 136.54 541.85 Td (For ) Tj ET Q q 0 0 0 rg BT 150.12 541.85 Td (example, ) Tj ET Q q 0 0 0 rg BT 184.17 541.85 Td (if ) Tj ET Q q 0 0 0 rg BT 189.76 541.85 Td (a ) Tj ET Q q 0 0 0 rg BT 195.79 541.85 Td (residential ) Tj ET Q q 0 0 0 rg BT 233.84 541.85 Td (customer ) Tj ET Q q 0 0 0 rg BT 268.33 541.85 Td (in ) Tj ET Q q 0 0 0 rg BT 276.14 541.85 Td (our ) Tj ET Q q 0 0 0 rg BT 288.98 541.85 Td (Austrian ) Tj ET Q q 0 0 0 rg BT 319.91 541.85 Td (market ) Tj ET Q q 0 0 0 rg BT 345.95 541.85 Td (subscribed ) Tj ET Q q 0 0 0 rg BT 386.22 541.85 Td (to ) Tj ET Q q 0 0 0 rg BT 394.48 541.85 Td (our ) Tj ET Q q 0 0 0 rg BT 407.63 541.85 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 444.36 541.85 Td (video ) Tj ET Q q 0 0 0 rg BT 465.07 541.85 Td (service, ) Tj ET Q q 0 0 0 rg BT 494.22 541.85 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 527.83 541.85 Td (telephony ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 532.25 Td (service ) Tj ET Q q 0 0 0 rg BT 95.07 532.25 Td (and ) Tj ET Q q 0 0 0 rg BT 110.64 532.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 151.12 532.25 Td (internet ) Tj ET Q q 0 0 0 rg BT 180.03 532.25 Td (service, ) Tj ET Q q 0 0 0 rg BT 209.82 532.25 Td (the ) Tj ET Q q 0 0 0 rg BT 223.17 532.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 258.29 532.25 Td (would ) Tj ET Q q 0 0 0 rg BT 281.42 532.25 Td (constitute ) Tj ET Q q 0 0 0 rg BT 317.89 532.25 Td (three ) Tj ET Q q 0 0 0 rg BT 338.35 532.25 Td (RGUs. ) Tj ET Q q 0 0 0 rg BT 364.43 532.25 Td (T) Tj ET Q q 0 0 0 rg BT 368.43 532.25 Td (otal ) Tj ET Q q 0 0 0 rg BT 383.56 532.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 407.56 532.25 Td (is ) Tj ET Q q 0 0 0 rg BT 415.56 532.25 Td (the ) Tj ET Q q 0 0 0 rg BT 428.91 532.25 Td (sum ) Tj ET Q q 0 0 0 rg BT 446.25 532.25 Td (of ) Tj ET Q q 0 0 0 rg BT 455.15 532.25 Td (Basic ) Tj ET Q q 0 0 0 rg BT 476.94 532.25 Td (V) Tj ET Q q 0 0 0 rg BT 482.13 532.25 Td (ideo, ) Tj ET Q q 0 0 0 rg BT 501.70 532.25 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 539.96 532.25 Td (V) Tj ET Q q 0 0 0 rg BT 545.15 532.25 Td (ideo, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 522.65 Td (DTH, ) Tj ET Q q 0 0 0 rg BT 87.97 522.65 Td (Internet ) Tj ET Q q 0 0 0 rg BT 116.91 522.65 Td (and ) Tj ET Q q 0 0 0 rg BT 131.95 522.65 Td (T) Tj ET Q q 0 0 0 rg BT 135.95 522.65 Td (elephony ) Tj ET Q q 0 0 0 rg BT 170.23 522.65 Td (Subscribers. ) Tj ET Q q 0 0 0 rg BT 216.50 522.65 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 240.08 522.65 Td (generally ) Tj ET Q q 0 0 0 rg BT 274.36 522.65 Td (are ) Tj ET Q q 0 0 0 rg BT 287.73 522.65 Td (counted ) Tj ET Q q 0 0 0 rg BT 318.00 522.65 Td (on ) Tj ET Q q 0 0 0 rg BT 328.71 522.65 Td (a ) Tj ET Q q 0 0 0 rg BT 334.97 522.65 Td (unique ) Tj ET Q q 0 0 0 rg BT 360.80 522.65 Td (premises ) Tj ET Q q 0 0 0 rg BT 395.06 522.65 Td (basis ) Tj ET Q q 0 0 0 rg BT 415.54 522.65 Td (such ) Tj ET Q q 0 0 0 rg BT 434.25 522.65 Td (that ) Tj ET Q q 0 0 0 rg BT 449.40 522.65 Td (a ) Tj ET Q q 0 0 0 rg BT 455.66 522.65 Td (given ) Tj ET Q q 0 0 0 rg BT 476.59 522.65 Td (premises ) Tj ET Q q 0 0 0 rg BT 510.85 522.65 Td (does ) Tj ET Q q 0 0 0 rg BT 530.01 522.65 Td (not ) Tj ET Q q 0 0 0 rg BT 542.94 522.65 Td (count ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 513.05 Td (as ) Tj ET Q q 0 0 0 rg BT 78.16 513.05 Td (more ) Tj ET Q q 0 0 0 rg BT 98.59 513.05 Td (than ) Tj ET Q q 0 0 0 rg BT 116.37 513.05 Td (one ) Tj ET Q q 0 0 0 rg BT 131.93 513.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 151.92 513.05 Td (for ) Tj ET Q q 0 0 0 rg BT 163.46 513.05 Td (any ) Tj ET Q q 0 0 0 rg BT 178.57 513.05 Td (given ) Tj ET Q q 0 0 0 rg BT 199.91 513.05 Td (service. ) Tj ET Q q 0 0 0 rg BT 229.68 513.05 Td (On ) Tj ET Q q 0 0 0 rg BT 242.56 513.05 Td (the ) Tj ET Q q 0 0 0 rg BT 255.89 513.05 Td (other ) Tj ET Q q 0 0 0 rg BT 276.33 513.05 Td (hand, ) Tj ET Q q 0 0 0 rg BT 298.56 513.05 Td (if ) Tj ET Q q 0 0 0 rg BT 304.77 513.05 Td (an ) Tj ET Q q 0 0 0 rg BT 315.88 513.05 Td (individual ) Tj ET Q q 0 0 0 rg BT 351.45 513.05 Td (receives ) Tj ET Q q 0 0 0 rg BT 383.44 513.05 Td (one ) Tj ET Q q 0 0 0 rg BT 399.00 513.05 Td (of ) Tj ET Q q 0 0 0 rg BT 407.88 513.05 Td (our ) Tj ET Q q 0 0 0 rg BT 421.65 513.05 Td (services ) Tj ET Q q 0 0 0 rg BT 453.20 513.05 Td (in ) Tj ET Q q 0 0 0 rg BT 461.64 513.05 Td (two ) Tj ET Q q 0 0 0 rg BT 476.30 513.05 Td (premises ) Tj ET Q q 0 0 0 rg BT 510.96 513.05 Td (\(e.g. ) Tj ET Q q 0 0 0 rg BT 529.18 513.05 Td (a ) Tj ET Q q 0 0 0 rg BT 535.84 513.05 Td (primary ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 503.45 Td (home ) Tj ET Q q 0 0 0 rg BT 89.08 503.45 Td (and ) Tj ET Q q 0 0 0 rg BT 104.00 503.45 Td (a ) Tj ET Q q 0 0 0 rg BT 110.01 503.45 Td (vacation ) Tj ET Q q 0 0 0 rg BT 141.38 503.45 Td (home\), ) Tj ET Q q 0 0 0 rg BT 167.85 503.45 Td (that ) Tj ET Q q 0 0 0 rg BT 182.76 503.45 Td (individual ) Tj ET Q q 0 0 0 rg BT 217.68 503.45 Td (will ) Tj ET Q q 0 0 0 rg BT 230.36 503.45 Td (count ) Tj ET Q q 0 0 0 rg BT 251.50 503.45 Td (as ) Tj ET Q q 0 0 0 rg BT 261.52 503.45 Td (two ) Tj ET Q q 0 0 0 rg BT 275.53 503.45 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 298.88 503.45 Td (for ) Tj ET Q q 0 0 0 rg BT 309.78 503.45 Td (that ) Tj ET Q q 0 0 0 rg BT 324.70 503.45 Td (service. ) Tj ET Q q 0 0 0 rg BT 353.83 503.45 Td (Each ) Tj ET Q q 0 0 0 rg BT 373.63 503.45 Td (bundled ) Tj ET Q q 0 0 0 rg BT 403.67 503.45 Td (cable, ) Tj ET Q q 0 0 0 rg BT 426.59 503.45 Td (internet ) Tj ET Q q 0 0 0 rg BT 454.84 503.45 Td (or ) Tj ET Q q 0 0 0 rg BT 463.52 503.45 Td (telephony ) Tj ET Q q 0 0 0 rg BT 499.78 503.45 Td (service ) Tj ET Q q 0 0 0 rg BT 526.69 503.45 Td (is ) Tj ET Q q 0 0 0 rg BT 534.04 503.45 Td (counted ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 493.85 Td (as ) Tj ET Q q 0 0 0 rg BT 77.82 493.85 Td (a ) Tj ET Q q 0 0 0 rg BT 84.14 493.85 Td (separate ) Tj ET Q q 0 0 0 rg BT 117.14 493.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 136.79 493.85 Td (regardless ) Tj ET Q q 0 0 0 rg BT 176.01 493.85 Td (of ) Tj ET Q q 0 0 0 rg BT 184.55 493.85 Td (the ) Tj ET Q q 0 0 0 rg BT 197.54 493.85 Td (nature ) Tj ET Q q 0 0 0 rg BT 222.10 493.85 Td (of ) Tj ET Q q 0 0 0 rg BT 230.64 493.85 Td (any ) Tj ET Q q 0 0 0 rg BT 245.41 493.85 Td (bundling ) Tj ET Q q 0 0 0 rg BT 277.53 493.85 Td (discount ) Tj ET Q q 0 0 0 rg BT 309.20 493.85 Td (or ) Tj ET Q q 0 0 0 rg BT 318.18 493.85 Td (promotion. ) Tj ET Q q 0 0 0 rg BT 357.85 493.85 Td (Non-paying ) Tj ET Q q 0 0 0 rg BT 400.63 493.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 443.40 493.85 Td (are ) Tj ET Q q 0 0 0 rg BT 456.83 493.85 Td (counted ) Tj ET Q q 0 0 0 rg BT 487.17 493.85 Td (as ) Tj ET Q q 0 0 0 rg BT 497.49 493.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 540.27 493.85 Td (during ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 484.25 Td (their ) Tj ET Q q 0 0 0 rg BT 85.67 484.25 Td (free ) Tj ET Q q 0 0 0 rg BT 102.07 484.25 Td (promotional ) Tj ET Q q 0 0 0 rg BT 146.48 484.25 Td (service ) Tj ET Q q 0 0 0 rg BT 174.43 484.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 201.50 484.25 Td (Some ) Tj ET Q q 0 0 0 rg BT 225.01 484.25 Td (of ) Tj ET Q q 0 0 0 rg BT 234.29 484.25 Td (these ) Tj ET Q q 0 0 0 rg BT 256.47 484.25 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 299.98 484.25 Td (may ) Tj ET Q q 0 0 0 rg BT 317.70 484.25 Td (choose ) Tj ET Q q 0 0 0 rg BT 346.11 484.25 Td (to ) Tj ET Q q 0 0 0 rg BT 355.39 484.25 Td (disconnect ) Tj ET Q q 0 0 0 rg BT 396.25 484.25 Td (after ) Tj ET Q q 0 0 0 rg BT 414.87 484.25 Td (their ) Tj ET Q q 0 0 0 rg BT 433.04 484.25 Td (free ) Tj ET Q q 0 0 0 rg BT 449.43 484.25 Td (service ) Tj ET Q q 0 0 0 rg BT 477.38 484.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 504.45 484.25 Td (Services ) Tj ET Q q 0 0 0 rg BT 537.74 484.25 Td (of) Tj ET Q q 0 0 0 rg BT 544.27 484.25 Td (fered ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 474.65 Td (without ) Tj ET Q q 0 0 0 rg BT 94.89 474.65 Td (charge ) Tj ET Q q 0 0 0 rg BT 121.38 474.65 Td (on ) Tj ET Q q 0 0 0 rg BT 132.32 474.65 Td (a ) Tj ET Q q 0 0 0 rg BT 138.81 474.65 Td (long-term ) Tj ET Q q 0 0 0 rg BT 174.64 474.65 Td (basis ) Tj ET Q q 0 0 0 rg BT 195.35 474.65 Td (\(e.g., ) Tj ET Q q 0 0 0 rg BT 215.62 474.65 Td (VIP) Tj ET Q q 0 0 0 rg BT 228.37 474.65 Td ( ) Tj ET Q q 0 0 0 rg BT 230.41 474.65 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 275.57 474.65 Td (free ) Tj ET Q q 0 0 0 rg BT 291.39 474.65 Td (service ) Tj ET Q q 0 0 0 rg BT 318.77 474.65 Td (to ) Tj ET Q q 0 0 0 rg BT 327.48 474.65 Td (employees\) ) Tj ET Q q 0 0 0 rg BT 370.87 474.65 Td (generally ) Tj ET Q q 0 0 0 rg BT 405.37 474.65 Td (are ) Tj ET Q q 0 0 0 rg BT 418.97 474.65 Td (not ) Tj ET Q q 0 0 0 rg BT 432.13 474.65 Td (counted ) Tj ET Q q 0 0 0 rg BT 462.64 474.65 Td (as ) Tj ET Q q 0 0 0 rg BT 473.13 474.65 Td (RGUs. ) Tj ET Q q 0 0 0 rg BT 499.17 474.65 Td (W) Tj ET Q q 0 0 0 rg BT 506.57 474.65 Td (e ) Tj ET Q q 0 0 0 rg BT 513.06 474.65 Td (do ) Tj ET Q q 0 0 0 rg BT 524.00 474.65 Td (not ) Tj ET Q q 0 0 0 rg BT 537.15 474.65 Td (include ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 465.05 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 116.03 465.05 Td (to ) Tj ET Q q 0 0 0 rg BT 124.55 465.05 Td (mobile ) Tj ET Q q 0 0 0 rg BT 149.96 465.05 Td (services ) Tj ET Q q 0 0 0 rg BT 181.15 465.05 Td (in ) Tj ET Q q 0 0 0 rg BT 189.22 465.05 Td (our ) Tj ET Q q 0 0 0 rg BT 202.63 465.05 Td (externally ) Tj ET Q q 0 0 0 rg BT 238.72 465.05 Td (reported ) Tj ET Q q 0 0 0 rg BT 270.36 465.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 289.98 465.05 Td (counts. ) Tj ET Q q 0 0 0 rg BT 317.62 465.05 Td (In ) Tj ET Q q 0 0 0 rg BT 326.14 465.05 Td (this ) Tj ET Q q 0 0 0 rg BT 340.44 465.05 Td (regard, ) Tj ET Q q 0 0 0 rg BT 367.63 465.05 Td (our ) Tj ET Q q 0 0 0 rg BT 381.04 465.05 Td (March ) Tj ET Q q 0 0 0 rg BT 405.11 465.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 418.08 465.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 437.72 465.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 457.34 465.05 Td (counts ) Tj ET Q q 0 0 0 rg BT 482.76 465.05 Td (exclude ) Tj ET Q q 0 0 0 rg BT 512.18 465.05 Td (our ) Tj ET Q q 0 0 0 rg BT 525.59 465.05 Td (separately ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 455.45 Td (reported ) Tj ET Q q 0 0 0 rg BT 99.52 455.45 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 131.99 455.45 Td (and ) Tj ET Q q 0 0 0 rg BT 147.56 455.45 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 176.47 455.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 202.26 455.45 Td (subscribers.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 443.67 Td (4 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 439.85 Td (Internet ) Tj ET Q q 0 0 0 rg BT 97.10 439.85 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 137.81 439.85 Td (is ) Tj ET Q q 0 0 0 rg BT 146.06 439.85 Td (a ) Tj ET Q q 0 0 0 rg BT 152.99 439.85 Td (home, ) Tj ET Q q 0 0 0 rg BT 177.69 439.85 Td (residential ) Tj ET Q q 0 0 0 rg BT 216.63 439.85 Td (multiple ) Tj ET Q q 0 0 0 rg BT 246.67 439.85 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 278.05 439.85 Td (unit ) Tj ET Q q 0 0 0 rg BT 293.42 439.85 Td (or ) Tj ET Q q 0 0 0 rg BT 303.01 439.85 Td (commercial ) Tj ET Q q 0 0 0 rg BT 346.38 439.85 Td (unit ) Tj ET Q q 0 0 0 rg BT 361.75 439.85 Td (that ) Tj ET Q q 0 0 0 rg BT 377.56 439.85 Td (receives ) Tj ET Q q 0 0 0 rg BT 409.83 439.85 Td (internet ) Tj ET Q q 0 0 0 rg BT 438.98 439.85 Td (services ) Tj ET Q q 0 0 0 rg BT 470.80 439.85 Td (over ) Tj ET Q q 0 0 0 rg BT 488.83 439.85 Td (our ) Tj ET Q q 0 0 0 rg BT 502.87 439.85 Td (networks, ) Tj ET Q q 0 0 0 rg BT 539.58 439.85 Td (or ) Tj ET Q q 0 0 0 rg BT 549.16 439.85 Td (that ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 430.25 Td (we ) Tj ET Q q 0 0 0 rg BT 80.06 430.25 Td (service ) Tj ET Q q 0 0 0 rg BT 107.72 430.25 Td (through ) Tj ET Q q 0 0 0 rg BT 137.19 430.25 Td (a ) Tj ET Q q 0 0 0 rg BT 143.96 430.25 Td (partner ) Tj ET Q q 0 0 0 rg BT 171.64 430.25 Td (network. ) Tj ET Q q 0 0 0 rg BT 204.21 430.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 219.87 430.25 Td (Internet ) Tj ET Q q 0 0 0 rg BT 249.33 430.25 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 293.90 430.25 Td (exclude ) Tj ET Q q 0 0 0 rg BT 323.80 430.25 Td (51,100 ) Tj ET Q q 0 0 0 rg BT 350.60 430.25 Td (digital ) Tj ET Q q 0 0 0 rg BT 373.83 430.25 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 413.06 430.25 Td (line ) Tj ET Q q 0 0 0 rg BT 427.84 430.25 Td (\(DSL\) ) Tj ET Q q 0 0 0 rg BT 456.39 430.25 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 499.62 430.25 Td (within ) Tj ET Q q 0 0 0 rg BT 521.94 430.25 Td (Austria ) Tj ET Q q 0 0 0 rg BT 549.17 430.25 Td (that ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 420.65 Td (are ) Tj ET Q q 0 0 0 rg BT 82.02 420.65 Td (not ) Tj ET Q q 0 0 0 rg BT 96.09 420.65 Td (serviced ) Tj ET Q q 0 0 0 rg BT 128.83 420.65 Td (over ) Tj ET Q q 0 0 0 rg BT 147.35 420.65 Td (our ) Tj ET Q q 0 0 0 rg BT 161.87 420.65 Td (networks. ) Tj ET Q q 0 0 0 rg BT 199.06 420.65 Td (Our ) Tj ET Q q 0 0 0 rg BT 215.35 420.65 Td (Internet ) Tj ET Q q 0 0 0 rg BT 245.43 420.65 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 290.62 420.65 Td (do ) Tj ET Q q 0 0 0 rg BT 302.47 420.65 Td (not ) Tj ET Q q 0 0 0 rg BT 316.55 420.65 Td (include ) Tj ET Q q 0 0 0 rg BT 344.86 420.65 Td (customers ) Tj ET Q q 0 0 0 rg BT 384.71 420.65 Td (that ) Tj ET Q q 0 0 0 rg BT 401.01 420.65 Td (receive ) Tj ET Q q 0 0 0 rg BT 429.75 420.65 Td (services ) Tj ET Q q 0 0 0 rg BT 462.04 420.65 Td (from ) Tj ET Q q 0 0 0 rg BT 481.00 420.65 Td (dial-up ) Tj ET Q q 0 0 0 rg BT 507.97 420.65 Td (connections. ) Tj ET Q q 0 0 0 rg BT 555.84 420.65 Td (In ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 411.05 Td (Switzerland, ) Tj ET Q q 0 0 0 rg BT 112.70 411.05 Td (we ) Tj ET Q q 0 0 0 rg BT 124.55 411.05 Td (of) Tj ET Q q 0 0 0 rg BT 131.08 411.05 Td (fer ) Tj ET Q q 0 0 0 rg BT 142.04 411.05 Td (a ) Tj ET Q q 0 0 0 rg BT 148.12 411.05 Td (2 ) Tj ET Q q 0 0 0 rg BT 154.20 411.05 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 175.39 411.05 Td (internet ) Tj ET Q q 0 0 0 rg BT 203.70 411.05 Td (service ) Tj ET Q q 0 0 0 rg BT 230.66 411.05 Td (to ) Tj ET Q q 0 0 0 rg BT 238.96 411.05 Td (our ) Tj ET Q q 0 0 0 rg BT 252.15 411.05 Td (Basic ) Tj ET Q q 0 0 0 rg BT 273.34 411.05 Td (and ) Tj ET Q q 0 0 0 rg BT 288.32 411.05 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 325.97 411.05 Td (V) Tj ET Q q 0 0 0 rg BT 331.17 411.05 Td (ideo ) Tj ET Q q 0 0 0 rg BT 347.92 411.05 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 391.78 411.05 Td (without ) Tj ET Q q 0 0 0 rg BT 418.76 411.05 Td (an ) Tj ET Q q 0 0 0 rg BT 429.28 411.05 Td (incremental ) Tj ET Q q 0 0 0 rg BT 472.26 411.05 Td (recurring ) Tj ET Q q 0 0 0 rg BT 505.46 411.05 Td (fee. ) Tj ET Q q 0 0 0 rg BT 520.43 411.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 535.39 411.05 Td (Internet ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 401.45 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 111.96 401.45 Td (in ) Tj ET Q q 0 0 0 rg BT 120.41 401.45 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 163.98 401.45 Td (include ) Tj ET Q q 0 0 0 rg BT 191.56 401.45 Td (100,400 ) Tj ET Q q 0 0 0 rg BT 222.70 401.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 265.82 401.45 Td (who ) Tj ET Q q 0 0 0 rg BT 282.72 401.45 Td (have ) Tj ET Q q 0 0 0 rg BT 302.29 401.45 Td (requested ) Tj ET Q q 0 0 0 rg BT 340.10 401.45 Td (and ) Tj ET Q q 0 0 0 rg BT 355.67 401.45 Td (received ) Tj ET Q q 0 0 0 rg BT 388.13 401.45 Td (this ) Tj ET Q q 0 0 0 rg BT 402.80 401.45 Td (service.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 389.67 Td (5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.39 385.85 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 385.85 Td (T) Tj ET Q q 0 0 0 rg BT 71.50 385.85 Td (elephony ) Tj ET Q q 0 0 0 rg BT 106.38 385.85 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 147.02 385.85 Td (is ) Tj ET Q q 0 0 0 rg BT 155.21 385.85 Td (a ) Tj ET Q q 0 0 0 rg BT 162.06 385.85 Td (home, ) Tj ET Q q 0 0 0 rg BT 186.70 385.85 Td (residential ) Tj ET Q q 0 0 0 rg BT 225.57 385.85 Td (multiple ) Tj ET Q q 0 0 0 rg BT 255.55 385.85 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 286.86 385.85 Td (unit ) Tj ET Q q 0 0 0 rg BT 302.16 385.85 Td (or ) Tj ET Q q 0 0 0 rg BT 311.68 385.85 Td (commercial ) Tj ET Q q 0 0 0 rg BT 354.98 385.85 Td (unit ) Tj ET Q q 0 0 0 rg BT 370.29 385.85 Td (that ) Tj ET Q q 0 0 0 rg BT 386.04 385.85 Td (receives ) Tj ET Q q 0 0 0 rg BT 418.23 385.85 Td (voice ) Tj ET Q q 0 0 0 rg BT 439.32 385.85 Td (services ) Tj ET Q q 0 0 0 rg BT 471.06 385.85 Td (over ) Tj ET Q q 0 0 0 rg BT 489.03 385.85 Td (our ) Tj ET Q q 0 0 0 rg BT 503.00 385.85 Td (networks, ) Tj ET Q q 0 0 0 rg BT 539.64 385.85 Td (or ) Tj ET Q q 0 0 0 rg BT 549.16 385.85 Td (that ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 376.25 Td (we ) Tj ET Q q 0 0 0 rg BT 80.75 376.25 Td (service ) Tj ET Q q 0 0 0 rg BT 109.12 376.25 Td (through ) Tj ET Q q 0 0 0 rg BT 139.27 376.25 Td (a ) Tj ET Q q 0 0 0 rg BT 146.75 376.25 Td (partner ) Tj ET Q q 0 0 0 rg BT 175.12 376.25 Td (network. ) Tj ET Q q 0 0 0 rg BT 208.18 376.25 Td (T) Tj ET Q q 0 0 0 rg BT 212.18 376.25 Td (elephony ) Tj ET Q q 0 0 0 rg BT 247.68 376.25 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 292.94 376.25 Td (exclude ) Tj ET Q q 0 0 0 rg BT 323.54 376.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 350.13 376.25 Td (telephony ) Tj ET Q q 0 0 0 rg BT 387.85 376.25 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 434.00 376.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 450.17 376.25 Td (T) Tj ET Q q 0 0 0 rg BT 454.17 376.25 Td (elephony ) Tj ET Q q 0 0 0 rg BT 489.67 376.25 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 534.93 376.25 Td (exclude) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 67.50 366.65 Td (39,500 ) Tj ET Q q 0 0 0 rg BT 94.67 366.65 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 138.28 366.65 Td (within ) Tj ET Q q 0 0 0 rg BT 160.89 366.65 Td (Austria ) Tj ET Q q 0 0 0 rg BT 188.49 366.65 Td (that ) Tj ET Q q 0 0 0 rg BT 204.54 366.65 Td (are ) Tj ET Q q 0 0 0 rg BT 218.81 366.65 Td (not ) Tj ET Q q 0 0 0 rg BT 232.63 366.65 Td (serviced ) Tj ET Q q 0 0 0 rg BT 265.12 366.65 Td (over ) Tj ET Q q 0 0 0 rg BT 283.38 366.65 Td (our ) Tj ET Q q 0 0 0 rg BT 297.65 366.65 Td (networks. ) Tj ET Q q 0 0 0 rg BT 334.59 366.65 Td (In ) Tj ET Q q 0 0 0 rg BT 343.96 366.65 Td (Switzerland, ) Tj ET Q q 0 0 0 rg BT 390.24 366.65 Td (we ) Tj ET Q q 0 0 0 rg BT 403.16 366.65 Td (of) Tj ET Q q 0 0 0 rg BT 409.69 366.65 Td (fer ) Tj ET Q q 0 0 0 rg BT 421.73 366.65 Td (a ) Tj ET Q q 0 0 0 rg BT 428.88 366.65 Td (basic ) Tj ET Q q 0 0 0 rg BT 450.26 366.65 Td (phone ) Tj ET Q q 0 0 0 rg BT 475.21 366.65 Td (service ) Tj ET Q q 0 0 0 rg BT 503.25 366.65 Td (to ) Tj ET Q q 0 0 0 rg BT 512.62 366.65 Td (our ) Tj ET Q q 0 0 0 rg BT 526.89 366.65 Td (Basic ) Tj ET Q q 0 0 0 rg BT 549.15 366.65 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 357.05 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 105.47 357.05 Td (V) Tj ET Q q 0 0 0 rg BT 110.66 357.05 Td (ideo ) Tj ET Q q 0 0 0 rg BT 127.72 357.05 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 171.90 357.05 Td (without ) Tj ET Q q 0 0 0 rg BT 199.19 357.05 Td (an ) Tj ET Q q 0 0 0 rg BT 210.02 357.05 Td (incremental ) Tj ET Q q 0 0 0 rg BT 253.31 357.05 Td (recurring ) Tj ET Q q 0 0 0 rg BT 286.82 357.05 Td (fee. ) Tj ET Q q 0 0 0 rg BT 302.10 357.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 317.25 357.05 Td (T) Tj ET Q q 0 0 0 rg BT 321.25 357.05 Td (elephony ) Tj ET Q q 0 0 0 rg BT 355.66 357.05 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 399.84 357.05 Td (in ) Tj ET Q q 0 0 0 rg BT 408.00 357.05 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 451.29 357.05 Td (include ) Tj ET Q q 0 0 0 rg BT 478.58 357.05 Td (61,200 ) Tj ET Q q 0 0 0 rg BT 504.99 357.05 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 547.83 357.05 Td (who ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 347.45 Td (have ) Tj ET Q q 0 0 0 rg BT 87.07 347.45 Td (requested ) Tj ET Q q 0 0 0 rg BT 124.88 347.45 Td (and ) Tj ET Q q 0 0 0 rg BT 140.45 347.45 Td (received ) Tj ET Q q 0 0 0 rg BT 172.91 347.45 Td (this ) Tj ET Q q 0 0 0 rg BT 187.58 347.45 Td (service. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 335.67 Td (6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.39 331.85 Td ( ) Tj ET Q q 0 0 0 rg BT 54.61 331.85 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 331.85 Td (A) Tj ET Q q 0 0 0 rg BT 72.69 331.85 Td (verage ) Tj ET Q q 0 0 0 rg BT 99.24 331.85 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 133.35 331.85 Td (Per ) Tj ET Q q 0 0 0 rg BT 147.89 331.85 Td (Unit ) Tj ET Q q 0 0 0 rg BT 164.20 331.85 Td (\(ARPU\) ) Tj ET Q q 0 0 0 rg BT 199.17 331.85 Td (refers ) Tj ET Q q 0 0 0 rg BT 221.71 331.85 Td (to ) Tj ET Q q 0 0 0 rg BT 230.46 331.85 Td (the ) Tj ET Q q 0 0 0 rg BT 243.67 331.85 Td (average ) Tj ET Q q 0 0 0 rg BT 274.67 331.85 Td (monthly ) Tj ET Q q 0 0 0 rg BT 304.77 331.85 Td (subscription ) Tj ET Q q 0 0 0 rg BT 349.54 331.85 Td (revenue ) Tj ET Q q 0 0 0 rg BT 380.54 331.85 Td (per ) Tj ET Q q 0 0 0 rg BT 394.19 331.85 Td (average ) Tj ET Q q 0 0 0 rg BT 425.19 331.85 Td (customer ) Tj ET Q q 0 0 0 rg BT 460.17 331.85 Td (relationship ) Tj ET Q q 0 0 0 rg BT 503.17 331.85 Td (and ) Tj ET Q q 0 0 0 rg BT 518.61 331.85 Td (is ) Tj ET Q q 0 0 0 rg BT 526.47 331.85 Td (calculated ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 322.25 Td (by ) Tj ET Q q 0 0 0 rg BT 78.59 322.25 Td (dividing ) Tj ET Q q 0 0 0 rg BT 108.37 322.25 Td (the ) Tj ET Q q 0 0 0 rg BT 122.13 322.25 Td (average ) Tj ET Q q 0 0 0 rg BT 153.69 322.25 Td (monthly ) Tj ET Q q 0 0 0 rg BT 184.35 322.25 Td (cable ) Tj ET Q q 0 0 0 rg BT 206.12 322.25 Td (subscription ) Tj ET Q q 0 0 0 rg BT 251.45 322.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 283.00 322.25 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 322.11 322.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 348.33 322.25 Td (services, ) Tj ET Q q 0 0 0 rg BT 382.53 322.25 Td (B2B ) Tj ET Q q 0 0 0 rg BT 400.30 322.25 Td (services, ) Tj ET Q q 0 0 0 rg BT 434.51 322.25 Td (interconnect, ) Tj ET Q q 0 0 0 rg BT 482.96 322.25 Td (channel ) Tj ET Q q 0 0 0 rg BT 513.62 322.25 Td (carriage ) Tj ET Q q 0 0 0 rg BT 545.17 322.25 Td (fees, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 312.65 Td (mobile ) Tj ET Q q 0 0 0 rg BT 92.32 312.65 Td (handset ) Tj ET Q q 0 0 0 rg BT 122.04 312.65 Td (sales ) Tj ET Q q 0 0 0 rg BT 141.96 312.65 Td (and ) Tj ET Q q 0 0 0 rg BT 156.56 312.65 Td (installation ) Tj ET Q q 0 0 0 rg BT 195.61 312.65 Td (fees\) ) Tj ET Q q 0 0 0 rg BT 214.65 312.65 Td (for ) Tj ET Q q 0 0 0 rg BT 225.23 312.65 Td (the ) Tj ET Q q 0 0 0 rg BT 237.61 312.65 Td (indicated ) Tj ET Q q 0 0 0 rg BT 270.88 312.65 Td (period, ) Tj ET Q q 0 0 0 rg BT 296.59 312.65 Td (by ) Tj ET Q q 0 0 0 rg BT 306.29 312.65 Td (the ) Tj ET Q q 0 0 0 rg BT 318.66 312.65 Td (average ) Tj ET Q q 0 0 0 rg BT 348.82 312.65 Td (of ) Tj ET Q q 0 0 0 rg BT 356.75 312.65 Td (the ) Tj ET Q q 0 0 0 rg BT 369.12 312.65 Td (opening ) Tj ET Q q 0 0 0 rg BT 398.84 312.65 Td (and ) Tj ET Q q 0 0 0 rg BT 413.44 312.65 Td (closing ) Tj ET Q q 0 0 0 rg BT 439.59 312.65 Td (balances ) Tj ET Q q 0 0 0 rg BT 472.86 312.65 Td (for ) Tj ET Q q 0 0 0 rg BT 483.45 312.65 Td (customer ) Tj ET Q q 0 0 0 rg BT 517.60 312.65 Td (relationships ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 303.05 Td (for ) Tj ET Q q 0 0 0 rg BT 79.06 303.05 Td (the ) Tj ET Q q 0 0 0 rg BT 92.41 303.05 Td (period. ) Tj ET Q q 0 0 0 rg BT 119.10 303.05 Td (Customer ) Tj ET Q q 0 0 0 rg BT 156.00 303.05 Td (relationships ) Tj ET Q q 0 0 0 rg BT 203.14 303.05 Td (of ) Tj ET Q q 0 0 0 rg BT 212.04 303.05 Td (entities ) Tj ET Q q 0 0 0 rg BT 239.62 303.05 Td (acquired ) Tj ET Q q 0 0 0 rg BT 272.53 303.05 Td (during ) Tj ET Q q 0 0 0 rg BT 297.00 303.05 Td (the ) Tj ET Q q 0 0 0 rg BT 310.34 303.05 Td (period ) Tj ET Q q 0 0 0 rg BT 334.81 303.05 Td (are ) Tj ET Q q 0 0 0 rg BT 348.60 303.05 Td (normalized. ) Tj ET Q q 0 0 0 rg BT 392.18 303.05 Td (Unless ) Tj ET Q q 0 0 0 rg BT 418.86 303.05 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 455.32 303.05 Td (indicated, ) Tj ET Q q 0 0 0 rg BT 491.35 303.05 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 515.81 303.05 Td (per ) Tj ET Q q 0 0 0 rg BT 529.60 303.05 Td (customer ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 293.45 Td (relationship ) Tj ET Q q 0 0 0 rg BT 110.60 293.45 Td (is ) Tj ET Q q 0 0 0 rg BT 118.56 293.45 Td (not ) Tj ET Q q 0 0 0 rg BT 131.86 293.45 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 164.29 293.45 Td (for ) Tj ET Q q 0 0 0 rg BT 175.81 293.45 Td (currency ) Tj ET Q q 0 0 0 rg BT 208.67 293.45 Td (impacts. ) Tj ET Q q 0 0 0 rg BT 240.21 293.45 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 264.62 293.45 Td (per ) Tj ET Q q 0 0 0 rg BT 278.36 293.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 298.32 293.45 Td (refers ) Tj ET Q q 0 0 0 rg BT 320.96 293.45 Td (to ) Tj ET Q q 0 0 0 rg BT 329.81 293.45 Td (average ) Tj ET Q q 0 0 0 rg BT 360.91 293.45 Td (monthly ) Tj ET Q q 0 0 0 rg BT 391.10 293.45 Td (subscription ) Tj ET Q q 0 0 0 rg BT 435.97 293.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 467.07 293.45 Td (per ) Tj ET Q q 0 0 0 rg BT 480.81 293.45 Td (average ) Tj ET Q q 0 0 0 rg BT 511.91 293.45 Td (RGU, ) Tj ET Q q 0 0 0 rg BT 534.09 293.45 Td (which ) Tj ET Q q 0 0 0 rg BT 556.73 293.45 Td (is ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 283.85 Td (calculated ) Tj ET Q q 0 0 0 rg BT 106.26 283.85 Td (by ) Tj ET Q q 0 0 0 rg BT 117.44 283.85 Td (dividing ) Tj ET Q q 0 0 0 rg BT 147.31 283.85 Td (the ) Tj ET Q q 0 0 0 rg BT 161.16 283.85 Td (average ) Tj ET Q q 0 0 0 rg BT 192.81 283.85 Td (monthly ) Tj ET Q q 0 0 0 rg BT 223.55 283.85 Td (cable ) Tj ET Q q 0 0 0 rg BT 245.41 283.85 Td (subscription ) Tj ET Q q 0 0 0 rg BT 290.84 283.85 Td (revenue ) Tj ET Q q 0 0 0 rg BT 322.48 283.85 Td (for ) Tj ET Q q 0 0 0 rg BT 334.55 283.85 Td (the ) Tj ET Q q 0 0 0 rg BT 348.41 283.85 Td (indicated ) Tj ET Q q 0 0 0 rg BT 383.17 283.85 Td (period, ) Tj ET Q q 0 0 0 rg BT 410.36 283.85 Td (by ) Tj ET Q q 0 0 0 rg BT 421.55 283.85 Td (the ) Tj ET Q q 0 0 0 rg BT 435.40 283.85 Td (average ) Tj ET Q q 0 0 0 rg BT 467.05 283.85 Td (of ) Tj ET Q q 0 0 0 rg BT 476.45 283.85 Td (the ) Tj ET Q q 0 0 0 rg BT 490.31 283.85 Td (opening ) Tj ET Q q 0 0 0 rg BT 521.52 283.85 Td (and ) Tj ET Q q 0 0 0 rg BT 537.60 283.85 Td (closing ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 274.25 Td (balances ) Tj ET Q q 0 0 0 rg BT 101.48 274.25 Td (of ) Tj ET Q q 0 0 0 rg BT 110.11 274.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 133.85 274.25 Td (for ) Tj ET Q q 0 0 0 rg BT 145.14 274.25 Td (the ) Tj ET Q q 0 0 0 rg BT 158.22 274.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 184.64 274.25 Td ( ) Tj ET Q q 0 0 0 rg BT 186.60 274.25 Td (Unless ) Tj ET Q q 0 0 0 rg BT 213.02 274.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 249.21 274.25 Td (noted, ) Tj ET Q q 0 0 0 rg BT 273.02 274.25 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 297.21 274.25 Td (in ) Tj ET Q q 0 0 0 rg BT 305.40 274.25 Td (this ) Tj ET Q q 0 0 0 rg BT 319.80 274.25 Td (release ) Tj ET Q q 0 0 0 rg BT 348.00 274.25 Td (is ) Tj ET Q q 0 0 0 rg BT 355.74 274.25 Td (considered ) Tj ET Q q 0 0 0 rg BT 396.83 274.25 Td (to ) Tj ET Q q 0 0 0 rg BT 405.46 274.25 Td (be ) Tj ET Q q 0 0 0 rg BT 415.93 274.25 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 440.12 274.25 Td (per ) Tj ET Q q 0 0 0 rg BT 453.64 274.25 Td (average ) Tj ET Q q 0 0 0 rg BT 484.51 274.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 519.37 274.25 Td (relationship.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 262.47 Td (7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.39 258.65 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 258.65 Td (For ) Tj ET Q q 0 0 0 rg BT 81.73 258.65 Td (purposes ) Tj ET Q q 0 0 0 rg BT 116.86 258.65 Td (of ) Tj ET Q q 0 0 0 rg BT 125.76 258.65 Td (calculating ) Tj ET Q q 0 0 0 rg BT 165.79 258.65 Td (rebased ) Tj ET Q q 0 0 0 rg BT 196.92 258.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 223.16 258.65 Td (rates ) Tj ET Q q 0 0 0 rg BT 243.17 258.65 Td (on ) Tj ET Q q 0 0 0 rg BT 254.30 258.65 Td (a ) Tj ET Q q 0 0 0 rg BT 260.97 258.65 Td (comparable ) Tj ET Q q 0 0 0 rg BT 305.00 258.65 Td (basis, ) Tj ET Q q 0 0 0 rg BT 328.12 258.65 Td (we ) Tj ET Q q 0 0 0 rg BT 340.58 258.65 Td (have ) Tj ET Q q 0 0 0 rg BT 360.15 258.65 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 392.62 258.65 Td (the ) Tj ET Q q 0 0 0 rg BT 405.97 258.65 Td (historical ) Tj ET Q q 0 0 0 rg BT 439.76 258.65 Td (revenue ) Tj ET Q q 0 0 0 rg BT 470.90 258.65 Td (and ) Tj ET Q q 0 0 0 rg BT 486.47 258.65 Td (Segment ) Tj ET Q q 0 0 0 rg BT 520.72 258.65 Td (OCF ) Tj ET Q q 0 0 0 rg BT 539.83 258.65 Td (for ) Tj ET Q q 0 0 0 rg BT 551.39 258.65 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 249.05 Td (three ) Tj ET Q q 0 0 0 rg BT 87.71 249.05 Td (months ) Tj ET Q q 0 0 0 rg BT 115.91 249.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 140.13 249.05 Td (March ) Tj ET Q q 0 0 0 rg BT 164.32 249.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 177.42 249.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 197.18 249.05 Td (of ) Tj ET Q q 0 0 0 rg BT 205.83 249.05 Td (the ) Tj ET Q q 0 0 0 rg BT 218.92 249.05 Td (applicable ) Tj ET Q q 0 0 0 rg BT 256.92 249.05 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 294.02 249.05 Td (groups ) Tj ET Q q 0 0 0 rg BT 320.45 249.05 Td (to ) Tj ET Q q 0 0 0 rg BT 329.09 249.05 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 338.17 249.05 Td (in ) Tj ET Q q 0 0 0 rg BT 346.36 249.05 Td (the ) Tj ET Q q 0 0 0 rg BT 359.46 249.05 Td (case ) Tj ET Q q 0 0 0 rg BT 378.32 249.05 Td (of ) Tj ET Q q 0 0 0 rg BT 386.97 249.05 Td (the ) Tj ET Q q 0 0 0 rg BT 400.06 249.05 Td (V) Tj ET Q q 0 0 0 rg BT 405.25 249.05 Td (irgin ) Tj ET Q q 0 0 0 rg BT 422.34 249.05 Td (Media ) Tj ET Q q 0 0 0 rg BT 446.10 249.05 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 483.20 249.05 Td (group, ) Tj ET Q q 0 0 0 rg BT 507.85 249.05 Td (include ) Tj ET Q q 0 0 0 rg BT 535.17 249.05 Td (the ) Tj ET Q q 0 0 0 rg BT 548.27 249.05 Td (pre-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 239.45 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 107.51 239.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 138.62 239.45 Td (and ) Tj ET Q q 0 0 0 rg BT 154.17 239.45 Td (Segment ) Tj ET Q q 0 0 0 rg BT 188.40 239.45 Td (OCF ) Tj ET Q q 0 0 0 rg BT 207.49 239.45 Td (of ) Tj ET Q q 0 0 0 rg BT 216.37 239.45 Td (a ) Tj ET Q q 0 0 0 rg BT 223.02 239.45 Td (small ) Tj ET Q q 0 0 0 rg BT 243.89 239.45 Td (entity ) Tj ET Q q 0 0 0 rg BT 265.22 239.45 Td (acquired ) Tj ET Q q 0 0 0 rg BT 298.11 239.45 Td (during ) Tj ET Q q 0 0 0 rg BT 322.56 239.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 342.56 239.45 Td (in ) Tj ET Q q 0 0 0 rg BT 350.99 239.45 Td (our ) Tj ET Q q 0 0 0 rg BT 364.76 239.45 Td (rebased ) Tj ET Q q 0 0 0 rg BT 395.87 239.45 Td (amounts ) Tj ET Q q 0 0 0 rg BT 428.76 239.45 Td (for ) Tj ET Q q 0 0 0 rg BT 440.30 239.45 Td (the) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 451.42 239.45 Td ( ) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 453.63 239.45 Td (three ) Tj ET Q q 0 0 0 rg BT 474.07 239.45 Td (months ) Tj ET Q q 0 0 0 rg BT 502.51 239.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 526.96 239.45 Td (March ) Tj ET Q q 0 0 0 rg BT 551.39 239.45 Td (31, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 229.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 87.79 229.85 Td (to ) Tj ET Q q 0 0 0 rg BT 96.95 229.85 Td (the ) Tj ET Q q 0 0 0 rg BT 110.56 229.85 Td (same ) Tj ET Q q 0 0 0 rg BT 132.62 229.85 Td (extent ) Tj ET Q q 0 0 0 rg BT 156.90 229.85 Td (that ) Tj ET Q q 0 0 0 rg BT 172.74 229.85 Td (the ) Tj ET Q q 0 0 0 rg BT 186.35 229.85 Td (revenue ) Tj ET Q q 0 0 0 rg BT 217.75 229.85 Td (and ) Tj ET Q q 0 0 0 rg BT 233.59 229.85 Td (Segment ) Tj ET Q q 0 0 0 rg BT 268.10 229.85 Td (OCF ) Tj ET Q q 0 0 0 rg BT 287.48 229.85 Td (of ) Tj ET Q q 0 0 0 rg BT 296.65 229.85 Td (such ) Tj ET Q q 0 0 0 rg BT 316.04 229.85 Td (entity ) Tj ET Q q 0 0 0 rg BT 337.65 229.85 Td (is ) Tj ET Q q 0 0 0 rg BT 345.92 229.85 Td (included ) Tj ET Q q 0 0 0 rg BT 378.21 229.85 Td (in ) Tj ET Q q 0 0 0 rg BT 386.93 229.85 Td (our ) Tj ET Q q 0 0 0 rg BT 400.98 229.85 Td (results ) Tj ET Q q 0 0 0 rg BT 427.04 229.85 Td (for ) Tj ET Q q 0 0 0 rg BT 438.87 229.85 Td (the) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 449.99 229.85 Td ( ) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 452.48 229.85 Td (three ) Tj ET Q q 0 0 0 rg BT 473.20 229.85 Td (months ) Tj ET Q q 0 0 0 rg BT 501.93 229.85 Td (ended ) Tj ET Q q 0 0 0 rg BT 526.67 229.85 Td (March ) Tj ET Q q 0 0 0 rg BT 551.39 229.85 Td (31, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 220.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 89.93 220.25 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 101.22 220.25 Td (in ) Tj ET Q q 0 0 0 rg BT 109.85 220.25 Td (the ) Tj ET Q q 0 0 0 rg BT 123.38 220.25 Td (case ) Tj ET Q q 0 0 0 rg BT 142.69 220.25 Td (of ) Tj ET Q q 0 0 0 rg BT 151.77 220.25 Td (the ) Tj ET Q q 0 0 0 rg BT 165.30 220.25 Td (UPC ) Tj ET Q q 0 0 0 rg BT 184.60 220.25 Td (Holding ) Tj ET Q q 0 0 0 rg BT 214.13 220.25 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 251.67 220.25 Td (group, ) Tj ET Q q 0 0 0 rg BT 276.76 220.25 Td (include ) Tj ET Q q 0 0 0 rg BT 304.52 220.25 Td (the ) Tj ET Q q 0 0 0 rg BT 318.05 220.25 Td (pre-acquisition ) Tj ET Q q 0 0 0 rg BT 372.49 220.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 403.81 220.25 Td (and ) Tj ET Q q 0 0 0 rg BT 419.56 220.25 Td (Segment ) Tj ET Q q 0 0 0 rg BT 453.99 220.25 Td (OCF ) Tj ET Q q 0 0 0 rg BT 473.29 220.25 Td (of ) Tj ET Q q 0 0 0 rg BT 482.37 220.25 Td (a ) Tj ET Q q 0 0 0 rg BT 489.22 220.25 Td (small ) Tj ET Q q 0 0 0 rg BT 510.30 220.25 Td (entity ) Tj ET Q q 0 0 0 rg BT 531.83 220.25 Td (acquired ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 210.65 Td (during ) Tj ET Q q 0 0 0 rg BT 92.15 210.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 112.35 210.65 Td (in ) Tj ET Q q 0 0 0 rg BT 120.99 210.65 Td (our ) Tj ET Q q 0 0 0 rg BT 134.96 210.65 Td (rebased ) Tj ET Q q 0 0 0 rg BT 166.28 210.65 Td (amounts ) Tj ET Q q 0 0 0 rg BT 199.37 210.65 Td (for ) Tj ET Q q 0 0 0 rg BT 211.12 210.65 Td (the ) Tj ET Q q 0 0 0 rg BT 224.65 210.65 Td (three ) Tj ET Q q 0 0 0 rg BT 245.29 210.65 Td (months ) Tj ET Q q 0 0 0 rg BT 273.94 210.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 298.59 210.65 Td (March ) Tj ET Q q 0 0 0 rg BT 323.23 210.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 336.76 210.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 356.96 210.65 Td (to ) Tj ET Q q 0 0 0 rg BT 366.04 210.65 Td (the ) Tj ET Q q 0 0 0 rg BT 379.57 210.65 Td (same ) Tj ET Q q 0 0 0 rg BT 401.55 210.65 Td (extent ) Tj ET Q q 0 0 0 rg BT 425.75 210.65 Td (that ) Tj ET Q q 0 0 0 rg BT 441.50 210.65 Td (the ) Tj ET Q q 0 0 0 rg BT 455.03 210.65 Td (revenue ) Tj ET Q q 0 0 0 rg BT 486.35 210.65 Td (and ) Tj ET Q q 0 0 0 rg BT 502.11 210.65 Td (Segment ) Tj ET Q q 0 0 0 rg BT 536.54 210.65 Td (OCF ) Tj ET Q q 0 0 0 rg BT 555.83 210.65 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 201.05 Td (such ) Tj ET Q q 0 0 0 rg BT 86.45 201.05 Td (entity ) Tj ET Q q 0 0 0 rg BT 107.63 201.05 Td (is ) Tj ET Q q 0 0 0 rg BT 115.46 201.05 Td (included ) Tj ET Q q 0 0 0 rg BT 147.31 201.05 Td (in ) Tj ET Q q 0 0 0 rg BT 155.59 201.05 Td (our ) Tj ET Q q 0 0 0 rg BT 169.21 201.05 Td (results ) Tj ET Q q 0 0 0 rg BT 194.82 201.05 Td (for ) Tj ET Q q 0 0 0 rg BT 206.21 201.05 Td (the ) Tj ET Q q 0 0 0 rg BT 219.39 201.05 Td (three ) Tj ET Q q 0 0 0 rg BT 239.67 201.05 Td (months ) Tj ET Q q 0 0 0 rg BT 267.96 201.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 292.26 201.05 Td (March ) Tj ET Q q 0 0 0 rg BT 316.54 201.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 329.71 201.05 Td (2016, ) Tj ET Q q 0 0 0 rg BT 351.79 201.05 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 364.50 201.05 Td (in ) Tj ET Q q 0 0 0 rg BT 372.78 201.05 Td (the ) Tj ET Q q 0 0 0 rg BT 385.95 201.05 Td (case ) Tj ET Q q 0 0 0 rg BT 404.91 201.05 Td (of ) Tj ET Q q 0 0 0 rg BT 413.63 201.05 Td (the ) Tj ET Q q 0 0 0 rg BT 426.81 201.05 Td (V) Tj ET Q q 0 0 0 rg BT 432.00 201.05 Td (irgin ) Tj ET Q q 0 0 0 rg BT 449.17 201.05 Td (Media ) Tj ET Q q 0 0 0 rg BT 473.01 201.05 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 510.19 201.05 Td (group, ) Tj ET Q q 0 0 0 rg BT 534.93 201.05 Td (exclude ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 191.45 Td (the ) Tj ET Q q 0 0 0 rg BT 80.78 191.45 Td (pre-disposition ) Tj ET Q q 0 0 0 rg BT 134.97 191.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 166.05 191.45 Td (and ) Tj ET Q q 0 0 0 rg BT 181.56 191.45 Td (Segment ) Tj ET Q q 0 0 0 rg BT 215.74 191.45 Td (OCF ) Tj ET Q q 0 0 0 rg BT 234.79 191.45 Td (of ) Tj ET Q q 0 0 0 rg BT 243.63 191.45 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 255.57 191.45 Td (our ) Tj ET Q q 0 0 0 rg BT 269.29 191.45 Td ("of) Tj ET Q q 0 0 0 rg BT 278.66 191.45 Td (fnet" ) Tj ET Q q 0 0 0 rg BT 297.01 191.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 340.07 191.45 Td (in ) Tj ET Q q 0 0 0 rg BT 348.46 191.45 Td (V) Tj ET Q q 0 0 0 rg BT 353.65 191.45 Td (irgin ) Tj ET Q q 0 0 0 rg BT 370.93 191.45 Td (Media ) Tj ET Q q 0 0 0 rg BT 394.88 191.45 Td (that ) Tj ET Q q 0 0 0 rg BT 410.39 191.45 Td (were ) Tj ET Q q 0 0 0 rg BT 429.89 191.45 Td (disposed ) Tj ET Q q 0 0 0 rg BT 464.08 191.45 Td (in ) Tj ET Q q 0 0 0 rg BT 472.47 191.45 Td (the ) Tj ET Q q 0 0 0 rg BT 485.75 191.45 Td (fourth ) Tj ET Q q 0 0 0 rg BT 508.38 191.45 Td (quarter ) Tj ET Q q 0 0 0 rg BT 535.89 191.45 Td (of ) Tj ET Q q 0 0 0 rg BT 544.72 191.45 Td (2014 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 181.85 Td (and ) Tj ET Q q 0 0 0 rg BT 83.38 181.85 Td (the ) Tj ET Q q 0 0 0 rg BT 97.04 181.85 Td (first ) Tj ET Q q 0 0 0 rg BT 112.46 181.85 Td (half ) Tj ET Q q 0 0 0 rg BT 127.89 181.85 Td (of ) Tj ET Q q 0 0 0 rg BT 137.10 181.85 Td (2015and ) Tj ET Q q 0 0 0 rg BT 173.00 181.85 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 185.32 181.85 Td (our ) Tj ET Q q 0 0 0 rg BT 199.41 181.85 Td (Irish ) Tj ET Q q 0 0 0 rg BT 217.06 181.85 Td (MMDS ) Tj ET Q q 0 0 0 rg BT 244.04 181.85 Td (\(as ) Tj ET Q q 0 0 0 rg BT 257.69 181.85 Td (defined ) Tj ET Q q 0 0 0 rg BT 286.47 181.85 Td (below\) ) Tj ET Q q 0 0 0 rg BT 312.57 181.85 Td (customer ) Tj ET Q q 0 0 0 rg BT 348.00 181.85 Td (base ) Tj ET Q q 0 0 0 rg BT 367.89 181.85 Td (from ) Tj ET Q q 0 0 0 rg BT 386.42 181.85 Td (our ) Tj ET Q q 0 0 0 rg BT 400.52 181.85 Td (rebased ) Tj ET Q q 0 0 0 rg BT 431.96 181.85 Td (amounts ) Tj ET Q q 0 0 0 rg BT 465.18 181.85 Td (for ) Tj ET Q q 0 0 0 rg BT 477.05 181.85 Td (the) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 488.18 181.85 Td ( ) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 490.71 181.85 Td (three ) Tj ET Q q 0 0 0 rg BT 511.48 181.85 Td (months ) Tj ET Q q 0 0 0 rg BT 540.25 181.85 Td (ended ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 172.25 Td (March ) Tj ET Q q 0 0 0 rg BT 92.36 172.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 106.11 172.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 126.54 172.25 Td (to ) Tj ET Q q 0 0 0 rg BT 135.84 172.25 Td (the ) Tj ET Q q 0 0 0 rg BT 149.60 172.25 Td (same ) Tj ET Q q 0 0 0 rg BT 171.79 172.25 Td (extent ) Tj ET Q q 0 0 0 rg BT 196.22 172.25 Td (that ) Tj ET Q q 0 0 0 rg BT 212.19 172.25 Td (the ) Tj ET Q q 0 0 0 rg BT 225.94 172.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 257.49 172.25 Td (and ) Tj ET Q q 0 0 0 rg BT 273.47 172.25 Td (Segment ) Tj ET Q q 0 0 0 rg BT 308.12 172.25 Td (OCF ) Tj ET Q q 0 0 0 rg BT 327.64 172.25 Td (of ) Tj ET Q q 0 0 0 rg BT 336.94 172.25 Td (these ) Tj ET Q q 0 0 0 rg BT 359.14 172.25 Td (disposed ) Tj ET Q q 0 0 0 rg BT 393.80 172.25 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 437.33 172.25 Td (is ) Tj ET Q q 0 0 0 rg BT 445.74 172.25 Td (excluded ) Tj ET Q q 0 0 0 rg BT 480.40 172.25 Td (from ) Tj ET Q q 0 0 0 rg BT 499.03 172.25 Td (our ) Tj ET Q q 0 0 0 rg BT 513.22 172.25 Td (results ) Tj ET Q q 0 0 0 rg BT 539.42 172.25 Td (for ) Tj ET Q q 0 0 0 rg BT 551.38 172.25 Td (the) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 67.50 162.65 Td (three ) Tj ET Q q 0 0 0 rg BT 87.53 162.65 Td (months ) Tj ET Q q 0 0 0 rg BT 115.57 162.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 139.61 162.65 Td (March ) Tj ET Q q 0 0 0 rg BT 163.63 162.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 176.55 162.65 Td (2016, ) Tj ET Q q 0 0 0 rg BT 198.37 162.65 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 211.28 162.65 Td (in ) Tj ET Q q 0 0 0 rg BT 219.30 162.65 Td (the ) Tj ET Q q 0 0 0 rg BT 232.22 162.65 Td (case ) Tj ET Q q 0 0 0 rg BT 250.92 162.65 Td (of ) Tj ET Q q 0 0 0 rg BT 259.39 162.65 Td (the ) Tj ET Q q 0 0 0 rg BT 272.31 162.65 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 294.12 162.65 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 331.04 162.65 Td (group, ) Tj ET Q q 0 0 0 rg BT 355.53 162.65 Td (exclude ) Tj ET Q q 0 0 0 rg BT 384.90 162.65 Td (the ) Tj ET Q q 0 0 0 rg BT 397.82 162.65 Td (revenue ) Tj ET Q q 0 0 0 rg BT 428.53 162.65 Td (and ) Tj ET Q q 0 0 0 rg BT 443.67 162.65 Td (Segment ) Tj ET Q q 0 0 0 rg BT 477.49 162.65 Td (OCF ) Tj ET Q q 0 0 0 rg BT 496.18 162.65 Td (related ) Tj ET Q q 0 0 0 rg BT 522.43 162.65 Td (to ) Tj ET Q q 0 0 0 rg BT 530.90 162.65 Td (a ) Tj ET Q q 0 0 0 rg BT 537.15 162.65 Td (partner ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 153.05 Td (network ) Tj ET Q q 0 0 0 rg BT 97.85 153.05 Td (agreement ) Tj ET Q q 0 0 0 rg BT 138.44 153.05 Td (that ) Tj ET Q q 0 0 0 rg BT 154.12 153.05 Td (was ) Tj ET Q q 0 0 0 rg BT 170.68 153.05 Td (terminated ) Tj ET Q q 0 0 0 rg BT 210.82 153.05 Td (shortly ) Tj ET Q q 0 0 0 rg BT 236.72 153.05 Td (after ) Tj ET Q q 0 0 0 rg BT 255.07 153.05 Td (the ) Tj ET Q q 0 0 0 rg BT 268.53 153.05 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 290.41 153.05 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 331.44 153.05 Td (from ) Tj ET Q q 0 0 0 rg BT 349.78 153.05 Td (our ) Tj ET Q q 0 0 0 rg BT 363.68 153.05 Td (rebased ) Tj ET Q q 0 0 0 rg BT 394.93 153.05 Td (amounts ) Tj ET Q q 0 0 0 rg BT 427.95 153.05 Td (for ) Tj ET Q q 0 0 0 rg BT 439.63 153.05 Td (the ) Tj ET Q q 0 0 0 rg BT 453.09 153.05 Td (three ) Tj ET Q q 0 0 0 rg BT 473.66 153.05 Td (months ) Tj ET Q q 0 0 0 rg BT 502.23 153.05 Td (ended ) Tj ET Q q 0 0 0 rg BT 526.82 153.05 Td (March ) Tj ET Q q 0 0 0 rg BT 551.38 153.05 Td (31, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 143.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 87.15 143.45 Td (to ) Tj ET Q q 0 0 0 rg BT 95.68 143.45 Td (the ) Tj ET Q q 0 0 0 rg BT 108.65 143.45 Td (same ) Tj ET Q q 0 0 0 rg BT 130.07 143.45 Td (extent ) Tj ET Q q 0 0 0 rg BT 153.72 143.45 Td (that ) Tj ET Q q 0 0 0 rg BT 168.92 143.45 Td (the ) Tj ET Q q 0 0 0 rg BT 181.90 143.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 212.66 143.45 Td (and ) Tj ET Q q 0 0 0 rg BT 227.86 143.45 Td (Segment ) Tj ET Q q 0 0 0 rg BT 261.74 143.45 Td (OCF ) Tj ET Q q 0 0 0 rg BT 280.48 143.45 Td (from ) Tj ET Q q 0 0 0 rg BT 298.33 143.45 Td (this ) Tj ET Q q 0 0 0 rg BT 312.64 143.45 Td (partner ) Tj ET Q q 0 0 0 rg BT 339.84 143.45 Td (network ) Tj ET Q q 0 0 0 rg BT 369.71 143.45 Td (is ) Tj ET Q q 0 0 0 rg BT 377.34 143.45 Td (excluded ) Tj ET Q q 0 0 0 rg BT 411.22 143.45 Td (from ) Tj ET Q q 0 0 0 rg BT 429.07 143.45 Td (our ) Tj ET Q q 0 0 0 rg BT 442.49 143.45 Td (results ) Tj ET Q q 0 0 0 rg BT 467.91 143.45 Td (for ) Tj ET Q q 0 0 0 rg BT 479.10 143.45 Td (the ) Tj ET Q q 0 0 0 rg BT 492.08 143.45 Td (three ) Tj ET Q q 0 0 0 rg BT 512.16 143.45 Td (months ) Tj ET Q q 0 0 0 rg BT 540.25 143.45 Td (ended ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 133.85 Td (March ) Tj ET Q q 0 0 0 rg BT 91.85 133.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 105.09 133.85 Td (2016 ) Tj ET Q q 0 0 0 rg BT 125.01 133.85 Td (and ) Tj ET Q q 0 0 0 rg BT 140.47 133.85 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 151.92 133.85 Td (in ) Tj ET Q q 0 0 0 rg BT 160.27 133.85 Td (the ) Tj ET Q q 0 0 0 rg BT 173.51 133.85 Td (case ) Tj ET Q q 0 0 0 rg BT 192.53 133.85 Td (of ) Tj ET Q q 0 0 0 rg BT 201.32 133.85 Td (the ) Tj ET Q q 0 0 0 rg BT 214.57 133.85 Td (V) Tj ET Q q 0 0 0 rg BT 219.76 133.85 Td (irgin ) Tj ET Q q 0 0 0 rg BT 236.99 133.85 Td (Media ) Tj ET Q q 0 0 0 rg BT 260.90 133.85 Td (and ) Tj ET Q q 0 0 0 rg BT 276.37 133.85 Td (UPC ) Tj ET Q q 0 0 0 rg BT 295.38 133.85 Td (Holding ) Tj ET Q q 0 0 0 rg BT 324.63 133.85 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 361.88 133.85 Td (groups, ) Tj ET Q q 0 0 0 rg BT 390.69 133.85 Td (reflect ) Tj ET Q q 0 0 0 rg BT 414.59 133.85 Td (the ) Tj ET Q q 0 0 0 rg BT 427.83 133.85 Td (translation ) Tj ET Q q 0 0 0 rg BT 466.87 133.85 Td (of ) Tj ET Q q 0 0 0 rg BT 475.66 133.85 Td (our ) Tj ET Q q 0 0 0 rg BT 489.34 133.85 Td (rebased ) Tj ET Q q 0 0 0 rg BT 520.37 133.85 Td (amounts ) Tj ET Q q 0 0 0 rg BT 553.18 133.85 Td (for ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 124.25 Td (the) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 78.62 124.25 Td ( ) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 80.70 124.25 Td (three ) Tj ET Q q 0 0 0 rg BT 101.02 124.25 Td (months ) Tj ET Q q 0 0 0 rg BT 129.34 124.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 153.67 124.25 Td (March ) Tj ET Q q 0 0 0 rg BT 177.98 124.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 191.18 124.25 Td (2015) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 208.98 124.25 Td ( ) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 211.06 124.25 Td (at ) Tj ET Q q 0 0 0 rg BT 219.81 124.25 Td (the ) Tj ET Q q 0 0 0 rg BT 233.02 124.25 Td (applicable ) Tj ET Q q 0 0 0 rg BT 271.13 124.25 Td (average ) Tj ET Q q 0 0 0 rg BT 302.12 124.25 Td (foreign ) Tj ET Q q 0 0 0 rg BT 328.66 124.25 Td (currency ) Tj ET Q q 0 0 0 rg BT 361.42 124.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 398.20 124.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 418.07 124.25 Td (that ) Tj ET Q q 0 0 0 rg BT 433.49 124.25 Td (were ) Tj ET Q q 0 0 0 rg BT 452.91 124.25 Td (used ) Tj ET Q q 0 0 0 rg BT 472.34 124.25 Td (to ) Tj ET Q q 0 0 0 rg BT 481.10 124.25 Td (translate ) Tj ET Q q 0 0 0 rg BT 513.87 124.25 Td (our ) Tj ET Q q 0 0 0 rg BT 527.51 124.25 Td (results ) Tj ET Q q 0 0 0 rg BT 553.16 124.25 Td (for ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 114.65 Td (the) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 78.62 114.65 Td ( ) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 81.10 114.65 Td (three ) Tj ET Q q 0 0 0 rg BT 101.81 114.65 Td (months ) Tj ET Q q 0 0 0 rg BT 130.53 114.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 155.25 114.65 Td (March ) Tj ET Q q 0 0 0 rg BT 179.96 114.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 193.56 114.65 Td (2016. ) Tj ET Q q 0 0 0 rg BT 216.06 114.65 Td (For ) Tj ET Q q 0 0 0 rg BT 230.54 114.65 Td (further ) Tj ET Q q 0 0 0 rg BT 256.14 114.65 Td (information ) Tj ET Q q 0 0 0 rg BT 298.19 114.65 Td (on ) Tj ET Q q 0 0 0 rg BT 309.57 114.65 Td (the ) Tj ET Q q 0 0 0 rg BT 323.17 114.65 Td (calculation ) Tj ET Q q 0 0 0 rg BT 363.45 114.65 Td (of ) Tj ET Q q 0 0 0 rg BT 372.60 114.65 Td (rebased ) Tj ET Q q 0 0 0 rg BT 403.99 114.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 430.48 114.65 Td (rates, ) Tj ET Q q 0 0 0 rg BT 452.96 114.65 Td (see ) Tj ET Q q 0 0 0 rg BT 468.34 114.65 Td (the ) Tj ET Q q 0 0 0 rg BT 481.94 114.65 Td (discussion ) Tj ET Q q 0 0 0 rg BT 521.77 114.65 Td (in ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 530.48 114.65 Td (Revenue ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 67.50 105.05 Td (and ) Tj ET Q q 0 0 0 rg BT 83.07 105.05 Td (Operating ) Tj ET Q q 0 0 0 rg BT 120.43 105.05 Td (Cash ) Tj ET Q q 0 0 0 rg BT 141.32 105.05 Td (Flow) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 158.21 105.05 Td ( ) Tj ET Q q 0 0 0 rg BT 160.44 105.05 Td (in ) Tj ET Q q 0 0 0 rg BT 168.89 105.05 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 195.12 105.05 Td (Global's ) Tj ET Q q 0 0 0 rg BT 226.00 105.05 Td (press ) Tj ET Q q 0 0 0 rg BT 247.78 105.05 Td (release ) Tj ET Q q 0 0 0 rg BT 276.24 105.05 Td (dated ) Tj ET Q q 0 0 0 rg BT 298.48 105.05 Td (May) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 313.60 105.05 Td ( ) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 315.82 105.05 Td (9,) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 322.49 105.05 Td ( ) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 324.71 105.05 Td (2016,) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 344.73 105.05 Td ( ) Tj ET Q q 0 0 0 rg BT 346.96 105.05 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 373.19 105.05 Td (Global ) Tj ET Q q 0 0 0 rg BT 398.54 105.05 Td (Reports ) Tj ET Q q 0 0 0 rg BT 428.77 105.05 Td (First ) Tj ET Q q 0 0 0 rg BT 446.55 105.05 Td (Quarter ) Tj ET Q q 0 0 0 rg BT 475.89 105.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 495.91 105.05 Td (Results.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 93.27 Td (8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.39 89.45 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 89.45 Td (Segment ) Tj ET Q q 0 0 0 rg BT 101.93 89.45 Td (OCF ) Tj ET Q q 0 0 0 rg BT 121.23 89.45 Td (is ) Tj ET Q q 0 0 0 rg BT 129.42 89.45 Td (the ) Tj ET Q q 0 0 0 rg BT 142.96 89.45 Td (primary ) Tj ET Q q 0 0 0 rg BT 172.04 89.45 Td (measure ) Tj ET Q q 0 0 0 rg BT 205.58 89.45 Td (used ) Tj ET Q q 0 0 0 rg BT 225.34 89.45 Td (by ) Tj ET Q q 0 0 0 rg BT 236.20 89.45 Td (our ) Tj ET Q q 0 0 0 rg BT 250.18 89.45 Td (chief ) Tj ET Q q 0 0 0 rg BT 269.49 89.45 Td (operating ) Tj ET Q q 0 0 0 rg BT 305.26 89.45 Td (decision ) Tj ET Q q 0 0 0 rg BT 337.03 89.45 Td (maker ) Tj ET Q q 0 0 0 rg BT 361.67 89.45 Td (and ) Tj ET Q q 0 0 0 rg BT 377.43 89.45 Td (management ) Tj ET Q q 0 0 0 rg BT 426.54 89.45 Td (to ) Tj ET Q q 0 0 0 rg BT 435.63 89.45 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 468.28 89.45 Td (the ) Tj ET Q q 0 0 0 rg BT 481.82 89.45 Td (operating ) Tj ET Q q 0 0 0 rg BT 517.59 89.45 Td (performance ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 79.85 Td (of ) Tj ET Q q 0 0 0 rg BT 76.53 79.85 Td (our ) Tj ET Q q 0 0 0 rg BT 90.45 79.85 Td (businesses. ) Tj ET Q q 0 0 0 rg BT 135.05 79.85 Td (Segment ) Tj ET Q q 0 0 0 rg BT 169.43 79.85 Td (OCF ) Tj ET Q q 0 0 0 rg BT 188.67 79.85 Td (is ) Tj ET Q q 0 0 0 rg BT 196.81 79.85 Td (also ) Tj ET Q q 0 0 0 rg BT 213.84 79.85 Td (a ) Tj ET Q q 0 0 0 rg BT 220.65 79.85 Td (key ) Tj ET Q q 0 0 0 rg BT 235.46 79.85 Td (factor ) Tj ET Q q 0 0 0 rg BT 257.82 79.85 Td (that ) Tj ET Q q 0 0 0 rg BT 273.52 79.85 Td (is ) Tj ET Q q 0 0 0 rg BT 281.66 79.85 Td (used ) Tj ET Q q 0 0 0 rg BT 301.36 79.85 Td (by ) Tj ET Q q 0 0 0 rg BT 312.17 79.85 Td (our ) Tj ET Q q 0 0 0 rg BT 326.09 79.85 Td (internal ) Tj ET Q q 0 0 0 rg BT 354.68 79.85 Td (decision ) Tj ET Q q 0 0 0 rg BT 386.39 79.85 Td (makers ) Tj ET Q q 0 0 0 rg BT 414.98 79.85 Td (to ) Tj ET Q q 0 0 0 rg BT 424.01 79.85 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 433.47 79.85 Td (determine ) Tj ET Q q 0 0 0 rg BT 471.40 79.85 Td (how ) Tj ET Q q 0 0 0 rg BT 488.43 79.85 Td (to ) Tj ET Q q 0 0 0 rg BT 497.46 79.85 Td (allocate ) Tj ET Q q 0 0 0 rg BT 527.39 79.85 Td (resources ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 70.25 Td (and ) Tj ET Q q 0 0 0 rg BT 83.29 70.25 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 94.62 70.25 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 127.31 70.25 Td (the ) Tj ET Q q 0 0 0 rg BT 140.88 70.25 Td (ef) Tj ET Q q 0 0 0 rg BT 147.41 70.25 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 189.87 70.25 Td (of ) Tj ET Q q 0 0 0 rg BT 198.99 70.25 Td (our ) Tj ET Q q 0 0 0 rg BT 213.00 70.25 Td (management ) Tj ET Q q 0 0 0 rg BT 262.14 70.25 Td (for ) Tj ET Q q 0 0 0 rg BT 273.92 70.25 Td (purposes ) Tj ET Q q 0 0 0 rg BT 309.27 70.25 Td (of ) Tj ET Q q 0 0 0 rg BT 318.39 70.25 Td (annual ) Tj ET Q q 0 0 0 rg BT 344.86 70.25 Td (and ) Tj ET Q q 0 0 0 rg BT 360.65 70.25 Td (other ) Tj ET Q q 0 0 0 rg BT 381.33 70.25 Td (incentive ) Tj ET Q q 0 0 0 rg BT 415.35 70.25 Td (compensation ) Tj ET Q q 0 0 0 rg BT 467.61 70.25 Td (plans. ) Tj ET Q q 0 0 0 rg BT 490.91 70.25 Td (As ) Tj ET Q q 0 0 0 rg BT 502.69 70.25 Td (we ) Tj ET Q q 0 0 0 rg BT 515.37 70.25 Td (use ) Tj ET Q q 0 0 0 rg BT 530.71 70.25 Td (the ) Tj ET Q q 0 0 0 rg BT 544.28 70.25 Td (term, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 60.65 Td (Segment ) Tj ET Q q 0 0 0 rg BT 102.93 60.65 Td (OCF ) Tj ET Q q 0 0 0 rg BT 123.23 60.65 Td (is ) Tj ET Q q 0 0 0 rg BT 132.42 60.65 Td (defined ) Tj ET Q q 0 0 0 rg BT 162.08 60.65 Td (as ) Tj ET Q q 0 0 0 rg BT 173.94 60.65 Td (operating ) Tj ET Q q 0 0 0 rg BT 210.71 60.65 Td (income ) Tj ET Q q 0 0 0 rg BT 239.91 60.65 Td (before ) Tj ET Q q 0 0 0 rg BT 266.00 60.65 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 313.00 60.65 Td (and ) Tj ET Q q 0 0 0 rg BT 329.76 60.65 Td (amortization, ) Tj ET Q q 0 0 0 rg BT 378.97 60.65 Td (share-based ) Tj ET Q q 0 0 0 rg BT 426.85 60.65 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 482.30 60.65 Td (related-party ) Tj ET Q q 0 0 0 rg BT 530.62 60.65 Td (fees ) Tj ET Q q 0 0 0 rg BT 549.15 60.65 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 51.05 Td (allocations, ) Tj ET Q q 0 0 0 rg BT 110.11 51.05 Td (provisions ) Tj ET Q q 0 0 0 rg BT 148.72 51.05 Td (and ) Tj ET Q q 0 0 0 rg BT 164.65 51.05 Td (provision ) Tj ET Q q 0 0 0 rg BT 199.26 51.05 Td (releases ) Tj ET Q q 0 0 0 rg BT 232.08 51.05 Td (related ) Tj ET Q q 0 0 0 rg BT 259.13 51.05 Td (to ) Tj ET Q q 0 0 0 rg BT 268.39 51.05 Td (significant ) Tj ET Q q 0 0 0 rg BT 306.55 51.05 Td (litigation ) Tj ET Q q 0 0 0 rg BT 338.49 51.05 Td (and ) Tj ET Q q 0 0 0 rg BT 354.43 51.05 Td (impairment, ) Tj ET Q q 0 0 0 rg BT 398.81 51.05 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 445.86 51.05 Td (and ) Tj ET Q q 0 0 0 rg BT 461.79 51.05 Td (other ) Tj ET Q q 0 0 0 rg BT 482.62 51.05 Td (operating ) Tj ET Q q 0 0 0 rg BT 518.56 51.05 Td (items. ) Tj ET Q q 0 0 0 rg BT 542.49 51.05 Td (Other ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 41.45 Td (operating ) Tj ET Q q 0 0 0 rg BT 103.42 41.45 Td (items ) Tj ET Q q 0 0 0 rg BT 125.08 41.45 Td (include ) Tj ET Q q 0 0 0 rg BT 152.99 41.45 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 165.32 41.45 Td (gains ) Tj ET Q q 0 0 0 rg BT 187.00 41.45 Td (and ) Tj ET Q q 0 0 0 rg BT 202.91 41.45 Td (losses ) Tj ET Q q 0 0 0 rg BT 228.14 41.45 Td (on ) Tj ET Q q 0 0 0 rg BT 239.59 41.45 Td (the ) Tj ET Q q 0 0 0 rg BT 253.27 41.45 Td (disposition ) Tj ET Q q 0 0 0 rg BT 293.63 41.45 Td (of ) Tj ET Q q 0 0 0 rg BT 302.85 41.45 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 339.65 41.45 Td (assets, ) Tj ET Q q 0 0 0 rg BT 367.55 41.45 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 379.88 41.45 Td (third-party ) Tj ET Q q 0 0 0 rg BT 418.45 41.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 439.68 41.45 Td (directly ) Tj ET Q q 0 0 0 rg BT 467.58 41.45 Td (associated ) Tj ET Q q 0 0 0 rg BT 508.38 41.45 Td (with ) Tj ET Q q 0 0 0 rg BT 525.16 41.45 Td (successful ) Tj ET Q /GS0 gs q 75.80 0 0 47.00 486.15 732.50 cm /I83 Do Q endstream endobj 79 0 obj <> endobj 80 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (39) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 714.20 Td (and ) Tj ET Q q 0 0 0 rg BT 82.47 714.20 Td (unsuccessful ) Tj ET Q q 0 0 0 rg BT 130.34 714.20 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 173.77 714.20 Td (and ) Tj ET Q q 0 0 0 rg BT 188.74 714.20 Td (dispositions, ) Tj ET Q q 0 0 0 rg BT 234.38 714.20 Td (including ) Tj ET Q q 0 0 0 rg BT 267.58 714.20 Td (legal, ) Tj ET Q q 0 0 0 rg BT 288.33 714.20 Td (advisory ) Tj ET Q q 0 0 0 rg BT 319.75 714.20 Td (and ) Tj ET Q q 0 0 0 rg BT 334.72 714.20 Td (due ) Tj ET Q q 0 0 0 rg BT 349.69 714.20 Td (diligence ) Tj ET Q q 0 0 0 rg BT 382.89 714.20 Td (fees, ) Tj ET Q q 0 0 0 rg BT 401.86 714.20 Td (as ) Tj ET Q q 0 0 0 rg BT 411.93 714.20 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 451.80 714.20 Td (and ) Tj ET Q q 0 0 0 rg BT 466.77 714.20 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 477.73 714.20 Td (other ) Tj ET Q q 0 0 0 rg BT 497.58 714.20 Td (acquisition-related ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 704.60 Td (items, ) Tj ET Q q 0 0 0 rg BT 91.79 704.60 Td (such ) Tj ET Q q 0 0 0 rg BT 111.65 704.60 Td (as ) Tj ET Q q 0 0 0 rg BT 123.06 704.60 Td (gains ) Tj ET Q q 0 0 0 rg BT 145.14 704.60 Td (and ) Tj ET Q q 0 0 0 rg BT 161.45 704.60 Td (losses ) Tj ET Q q 0 0 0 rg BT 187.08 704.60 Td (on ) Tj ET Q q 0 0 0 rg BT 198.94 704.60 Td (the ) Tj ET Q q 0 0 0 rg BT 213.02 704.60 Td (settlement ) Tj ET Q q 0 0 0 rg BT 252.88 704.60 Td (of ) Tj ET Q q 0 0 0 rg BT 262.51 704.60 Td (contingent ) Tj ET Q q 0 0 0 rg BT 302.39 704.60 Td (consideration. ) Tj ET Q q 0 0 0 rg BT 354.57 704.60 Td (As ) Tj ET Q q 0 0 0 rg BT 366.87 704.60 Td (further ) Tj ET Q q 0 0 0 rg BT 392.94 704.60 Td (described ) Tj ET Q q 0 0 0 rg BT 430.59 704.60 Td (below) Tj ET Q q 0 0 0 rg BT 451.05 704.60 Td (, ) Tj ET Q q 0 0 0 rg BT 456.23 704.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 483.20 704.60 Td (related-party ) Tj ET Q q 0 0 0 rg BT 531.07 704.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 549.15 704.60 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 695.00 Td (allocations ) Tj ET Q q 0 0 0 rg BT 107.30 695.00 Td (are ) Tj ET Q q 0 0 0 rg BT 120.86 695.00 Td (included ) Tj ET Q q 0 0 0 rg BT 152.66 695.00 Td (in ) Tj ET Q q 0 0 0 rg BT 160.89 695.00 Td (the ) Tj ET Q q 0 0 0 rg BT 174.01 695.00 Td (calculation ) Tj ET Q q 0 0 0 rg BT 213.81 695.00 Td (of ) Tj ET Q q 0 0 0 rg BT 222.48 695.00 Td (the ) Tj ET Q q 0 0 0 rg BT 235.61 695.00 Td (EBITDA ) Tj ET Q q 0 0 0 rg BT 271.83 695.00 Td (metric ) Tj ET Q q 0 0 0 rg BT 295.61 695.00 Td (specified ) Tj ET Q q 0 0 0 rg BT 329.18 695.00 Td (by ) Tj ET Q q 0 0 0 rg BT 339.63 695.00 Td (the ) Tj ET Q q 0 0 0 rg BT 352.75 695.00 Td (applicable ) Tj ET Q q 0 0 0 rg BT 390.78 695.00 Td (debt ) Tj ET Q q 0 0 0 rg BT 408.35 695.00 Td (agreements ) Tj ET Q q 0 0 0 rg BT 452.59 695.00 Td (of ) Tj ET Q q 0 0 0 rg BT 461.27 695.00 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 487.28 695.00 Td (Global) Tj ET Q q 0 0 0 rg BT 512.04 695.00 Td (s ) Tj ET Q q 0 0 0 rg BT 518.04 695.00 Td (subsidiaries. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 685.40 Td (Our ) Tj ET Q q 0 0 0 rg BT 82.85 685.40 Td (internal ) Tj ET Q q 0 0 0 rg BT 111.10 685.40 Td (decision ) Tj ET Q q 0 0 0 rg BT 142.46 685.40 Td (makers ) Tj ET Q q 0 0 0 rg BT 170.70 685.40 Td (believe ) Tj ET Q q 0 0 0 rg BT 198.06 685.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 233.44 685.40 Td (cash ) Tj ET Q q 0 0 0 rg BT 252.35 685.40 Td (flow ) Tj ET Q q 0 0 0 rg BT 268.59 685.40 Td (is ) Tj ET Q q 0 0 0 rg BT 276.38 685.40 Td (a ) Tj ET Q q 0 0 0 rg BT 282.84 685.40 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 323.99 685.40 Td (measure ) Tj ET Q q 0 0 0 rg BT 357.12 685.40 Td (and ) Tj ET Q q 0 0 0 rg BT 372.48 685.40 Td (is ) Tj ET Q q 0 0 0 rg BT 380.27 685.40 Td (superior ) Tj ET Q q 0 0 0 rg BT 411.19 685.40 Td (to ) Tj ET Q q 0 0 0 rg BT 419.87 685.40 Td (available ) Tj ET Q q 0 0 0 rg BT 453.46 685.40 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 471.03 685.40 Td (GAAP) Tj ET Q q 0 0 0 rg BT 493.12 685.40 Td ( ) Tj ET Q q 0 0 0 rg BT 495.13 685.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 532.27 685.40 Td (because ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 675.80 Td (it ) Tj ET Q q 0 0 0 rg BT 73.73 675.80 Td (represents ) Tj ET Q q 0 0 0 rg BT 113.76 675.80 Td (a ) Tj ET Q q 0 0 0 rg BT 120.45 675.80 Td (transparent ) Tj ET Q q 0 0 0 rg BT 163.15 675.80 Td (view ) Tj ET Q q 0 0 0 rg BT 181.39 675.80 Td (of ) Tj ET Q q 0 0 0 rg BT 190.29 675.80 Td (our ) Tj ET Q q 0 0 0 rg BT 204.09 675.80 Td (recurring ) Tj ET Q q 0 0 0 rg BT 237.89 675.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 273.48 675.80 Td (performance ) Tj ET Q q 0 0 0 rg BT 320.62 675.80 Td (that ) Tj ET Q q 0 0 0 rg BT 336.20 675.80 Td (is ) Tj ET Q q 0 0 0 rg BT 344.21 675.80 Td (unaf) Tj ET Q q 0 0 0 rg BT 359.64 675.80 Td (fected ) Tj ET Q q 0 0 0 rg BT 383.66 675.80 Td (by ) Tj ET Q q 0 0 0 rg BT 394.35 675.80 Td (our ) Tj ET Q q 0 0 0 rg BT 408.14 675.80 Td (capital ) Tj ET Q q 0 0 0 rg BT 433.50 675.80 Td (structure ) Tj ET Q q 0 0 0 rg BT 466.85 675.80 Td (and ) Tj ET Q q 0 0 0 rg BT 482.44 675.80 Td (allows ) Tj ET Q q 0 0 0 rg BT 506.90 675.80 Td (management ) Tj ET Q q 0 0 0 rg BT 555.83 675.80 Td (to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 666.20 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 79.18 666.20 Td (readily ) Tj ET Q q 0 0 0 rg BT 104.66 666.20 Td (view ) Tj ET Q q 0 0 0 rg BT 122.57 666.20 Td (operating ) Tj ET Q q 0 0 0 rg BT 157.83 666.20 Td (trends, ) Tj ET Q q 0 0 0 rg BT 184.20 666.20 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 195.88 666.20 Td (perform ) Tj ET Q q 0 0 0 rg BT 225.35 666.20 Td (analytical ) Tj ET Q q 0 0 0 rg BT 260.61 666.20 Td (comparisons ) Tj ET Q q 0 0 0 rg BT 307.87 666.20 Td (and ) Tj ET Q q 0 0 0 rg BT 323.12 666.20 Td (benchmarking ) Tj ET Q q 0 0 0 rg BT 375.28 666.20 Td (between ) Tj ET Q q 0 0 0 rg BT 407.43 666.20 Td (entities ) Tj ET Q q 0 0 0 rg BT 434.69 666.20 Td (and ) Tj ET Q q 0 0 0 rg BT 449.94 666.20 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 461.62 666.20 Td (identify ) Tj ET Q q 0 0 0 rg BT 488.88 666.20 Td (strategies ) Tj ET Q q 0 0 0 rg BT 525.47 666.20 Td (to ) Tj ET Q q 0 0 0 rg BT 534.05 666.20 Td (improve ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 656.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 102.36 656.60 Td (performance ) Tj ET Q q 0 0 0 rg BT 148.77 656.60 Td (in ) Tj ET Q q 0 0 0 rg BT 156.49 656.60 Td (the ) Tj ET Q q 0 0 0 rg BT 169.11 656.60 Td (dif) Tj ET Q q 0 0 0 rg BT 177.42 656.60 Td (ferent ) Tj ET Q q 0 0 0 rg BT 199.37 656.60 Td (countries ) Tj ET Q q 0 0 0 rg BT 233.33 656.60 Td (in ) Tj ET Q q 0 0 0 rg BT 241.06 656.60 Td (which ) Tj ET Q q 0 0 0 rg BT 263.01 656.60 Td (we ) Tj ET Q q 0 0 0 rg BT 274.73 656.60 Td (operate. ) Tj ET Q q 0 0 0 rg BT 305.59 656.60 Td (W) Tj ET Q q 0 0 0 rg BT 312.99 656.60 Td (e ) Tj ET Q q 0 0 0 rg BT 318.94 656.60 Td (believe ) Tj ET Q q 0 0 0 rg BT 345.79 656.60 Td (our ) Tj ET Q q 0 0 0 rg BT 358.85 656.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 393.71 656.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 412.11 656.60 Td (flow ) Tj ET Q q 0 0 0 rg BT 427.83 656.60 Td (measure ) Tj ET Q q 0 0 0 rg BT 460.46 656.60 Td (is ) Tj ET Q q 0 0 0 rg BT 467.73 656.60 Td (useful ) Tj ET Q q 0 0 0 rg BT 490.58 656.60 Td (to ) Tj ET Q q 0 0 0 rg BT 498.75 656.60 Td (investors ) Tj ET Q q 0 0 0 rg BT 532.26 656.60 Td (because ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 647.00 Td (it ) Tj ET Q q 0 0 0 rg BT 73.67 647.00 Td (is ) Tj ET Q q 0 0 0 rg BT 81.61 647.00 Td (one ) Tj ET Q q 0 0 0 rg BT 97.13 647.00 Td (of ) Tj ET Q q 0 0 0 rg BT 105.97 647.00 Td (the ) Tj ET Q q 0 0 0 rg BT 119.26 647.00 Td (bases ) Tj ET Q q 0 0 0 rg BT 142.78 647.00 Td (for ) Tj ET Q q 0 0 0 rg BT 154.28 647.00 Td (comparing ) Tj ET Q q 0 0 0 rg BT 193.80 647.00 Td (our ) Tj ET Q q 0 0 0 rg BT 207.53 647.00 Td (performance ) Tj ET Q q 0 0 0 rg BT 254.61 647.00 Td (with ) Tj ET Q q 0 0 0 rg BT 271.01 647.00 Td (the ) Tj ET Q q 0 0 0 rg BT 284.29 647.00 Td (performance ) Tj ET Q q 0 0 0 rg BT 331.37 647.00 Td (of ) Tj ET Q q 0 0 0 rg BT 340.21 647.00 Td (other ) Tj ET Q q 0 0 0 rg BT 360.62 647.00 Td (companies ) Tj ET Q q 0 0 0 rg BT 401.47 647.00 Td (in ) Tj ET Q q 0 0 0 rg BT 409.87 647.00 Td (the ) Tj ET Q q 0 0 0 rg BT 423.16 647.00 Td (same ) Tj ET Q q 0 0 0 rg BT 444.89 647.00 Td (or ) Tj ET Q q 0 0 0 rg BT 454.17 647.00 Td (similar ) Tj ET Q q 0 0 0 rg BT 479.45 647.00 Td (industries, ) Tj ET Q q 0 0 0 rg BT 518.08 647.00 Td (although ) Tj ET Q q 0 0 0 rg BT 550.94 647.00 Td (our ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 637.40 Td (measure ) Tj ET Q q 0 0 0 rg BT 100.56 637.40 Td (may ) Tj ET Q q 0 0 0 rg BT 117.60 637.40 Td (not ) Tj ET Q q 0 0 0 rg BT 130.65 637.40 Td (be ) Tj ET Q q 0 0 0 rg BT 141.48 637.40 Td (directly ) Tj ET Q q 0 0 0 rg BT 168.75 637.40 Td (comparable ) Tj ET Q q 0 0 0 rg BT 212.48 637.40 Td (to ) Tj ET Q q 0 0 0 rg BT 221.08 637.40 Td (similar ) Tj ET Q q 0 0 0 rg BT 246.13 637.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 283.18 637.40 Td (used ) Tj ET Q q 0 0 0 rg BT 302.46 637.40 Td (by ) Tj ET Q q 0 0 0 rg BT 312.84 637.40 Td (other ) Tj ET Q q 0 0 0 rg BT 333.00 637.40 Td (public ) Tj ET Q q 0 0 0 rg BT 355.84 637.40 Td (companies. ) Tj ET Q q 0 0 0 rg BT 398.68 637.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 432.63 637.40 Td (OCF ) Tj ET Q q 0 0 0 rg BT 451.45 637.40 Td (should ) Tj ET Q q 0 0 0 rg BT 476.95 637.40 Td (be ) Tj ET Q q 0 0 0 rg BT 487.78 637.40 Td (viewed ) Tj ET Q q 0 0 0 rg BT 514.61 637.40 Td (as ) Tj ET Q q 0 0 0 rg BT 524.99 637.40 Td (a ) Tj ET Q q 0 0 0 rg BT 531.37 637.40 Td (measure ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 627.80 Td (of ) Tj ET Q q 0 0 0 rg BT 76.66 627.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 112.51 627.80 Td (performance ) Tj ET Q q 0 0 0 rg BT 159.91 627.80 Td (that ) Tj ET Q q 0 0 0 rg BT 175.74 627.80 Td (is ) Tj ET Q q 0 0 0 rg BT 184.01 627.80 Td (a ) Tj ET Q q 0 0 0 rg BT 190.94 627.80 Td (supplement ) Tj ET Q q 0 0 0 rg BT 234.79 627.80 Td (to, ) Tj ET Q q 0 0 0 rg BT 246.18 627.80 Td (and ) Tj ET Q q 0 0 0 rg BT 262.01 627.80 Td (not ) Tj ET Q q 0 0 0 rg BT 275.62 627.80 Td (a ) Tj ET Q q 0 0 0 rg BT 282.56 627.80 Td (substitute ) Tj ET Q q 0 0 0 rg BT 319.29 627.80 Td (for) Tj ET Q q 0 0 0 rg BT 328.19 627.80 Td (, ) Tj ET Q q 0 0 0 rg BT 332.90 627.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 368.75 627.80 Td (income, ) Tj ET Q q 0 0 0 rg BT 399.25 627.80 Td (net ) Tj ET Q q 0 0 0 rg BT 412.86 627.80 Td (earnings ) Tj ET Q q 0 0 0 rg BT 446.03 627.80 Td (or ) Tj ET Q q 0 0 0 rg BT 455.63 627.80 Td (loss, ) Tj ET Q q 0 0 0 rg BT 474.57 627.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 493.96 627.80 Td (flow ) Tj ET Q q 0 0 0 rg BT 510.67 627.80 Td (from ) Tj ET Q q 0 0 0 rg BT 529.16 627.80 Td (operating ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 618.20 Td (activities ) Tj ET Q q 0 0 0 rg BT 100.53 618.20 Td (and ) Tj ET Q q 0 0 0 rg BT 116.24 618.20 Td (other ) Tj ET Q q 0 0 0 rg BT 136.83 618.20 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 154.74 618.20 Td (GAAP) Tj ET Q q 0 0 0 rg BT 176.83 618.20 Td ( ) Tj ET Q q 0 0 0 rg BT 179.18 618.20 Td (measures ) Tj ET Q q 0 0 0 rg BT 216.66 618.20 Td (of ) Tj ET Q q 0 0 0 rg BT 225.69 618.20 Td (income ) Tj ET Q q 0 0 0 rg BT 253.84 618.20 Td (or ) Tj ET Q q 0 0 0 rg BT 263.31 618.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 282.56 618.20 Td (flows. ) Tj ET Q q 0 0 0 rg BT 304.90 618.20 Td (A) Tj ET Q q 0 0 0 rg BT 309.79 618.20 Td ( ) Tj ET Q q 0 0 0 rg BT 312.15 618.20 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 361.19 618.20 Td (of ) Tj ET Q q 0 0 0 rg BT 370.22 618.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 404.60 618.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 423.84 618.20 Td (to ) Tj ET Q q 0 0 0 rg BT 432.87 618.20 Td (operating ) Tj ET Q q 0 0 0 rg BT 468.58 618.20 Td (income ) Tj ET Q q 0 0 0 rg BT 496.73 618.20 Td (is ) Tj ET Q q 0 0 0 rg BT 504.86 618.20 Td (presented ) Tj ET Q q 0 0 0 rg BT 542.80 618.20 Td (in ) Tj ET Q q 0 0 0 rg BT 551.38 618.20 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 608.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 105.75 608.60 Td (sections ) Tj ET Q q 0 0 0 rg BT 137.32 608.60 Td (of ) Tj ET Q q 0 0 0 rg BT 146.21 608.60 Td (this ) Tj ET Q q 0 0 0 rg BT 160.89 608.60 Td (release.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 596.82 Td (9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.39 593.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 593.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 102.63 593.00 Td (OCF ) Tj ET Q q 0 0 0 rg BT 122.63 593.00 Td (margin ) Tj ET Q q 0 0 0 rg BT 150.19 593.00 Td (and ) Tj ET Q q 0 0 0 rg BT 166.03 593.00 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 200.27 593.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 235.40 593.00 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 263.86 593.00 Td ( ) Tj ET Q q 0 0 0 rg BT 266.97 593.00 Td (as ) Tj ET Q q 0 0 0 rg BT 278.53 593.00 Td (a ) Tj ET Q q 0 0 0 rg BT 286.09 593.00 Td (percentage ) Tj ET Q q 0 0 0 rg BT 329.23 593.00 Td (of ) Tj ET Q q 0 0 0 rg BT 339.01 593.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 371.03 593.00 Td (are ) Tj ET Q q 0 0 0 rg BT 385.70 593.00 Td (calculated ) Tj ET Q q 0 0 0 rg BT 424.84 593.00 Td (by ) Tj ET Q q 0 0 0 rg BT 436.40 593.00 Td (dividing ) Tj ET Q q 0 0 0 rg BT 466.64 593.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 501.77 593.00 Td (OCF ) Tj ET Q q 0 0 0 rg BT 521.76 593.00 Td (or ) Tj ET Q q 0 0 0 rg BT 531.37 593.00 Td (Adjusted ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 583.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 101.74 583.40 Td (EBITDA, ) Tj ET Q q 0 0 0 rg BT 135.08 583.40 Td (as ) Tj ET Q q 0 0 0 rg BT 145.75 583.40 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 186.23 583.40 Td (by ) Tj ET Q q 0 0 0 rg BT 196.90 583.40 Td (total ) Tj ET Q q 0 0 0 rg BT 214.24 583.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 245.38 583.40 Td (for ) Tj ET Q q 0 0 0 rg BT 256.93 583.40 Td (the ) Tj ET Q q 0 0 0 rg BT 270.28 583.40 Td (applicable ) Tj ET Q q 0 0 0 rg BT 308.53 583.40 Td (period.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 571.62 Td (10) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 567.80 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 567.80 Td (Property ) Tj ET Q q 0 0 0 rg BT 99.13 567.80 Td (and ) Tj ET Q q 0 0 0 rg BT 113.87 567.80 Td (equipment ) Tj ET Q q 0 0 0 rg BT 152.62 567.80 Td (additions ) Tj ET Q q 0 0 0 rg BT 186.04 567.80 Td (\(or ) Tj ET Q q 0 0 0 rg BT 197.21 567.80 Td (in ) Tj ET Q q 0 0 0 rg BT 204.83 567.80 Td (the ) Tj ET Q q 0 0 0 rg BT 217.34 567.80 Td (case ) Tj ET Q q 0 0 0 rg BT 235.64 567.80 Td (of ) Tj ET Q q 0 0 0 rg BT 243.70 567.80 Td (Unitymedia, ) Tj ET Q q 0 0 0 rg BT 287.33 567.80 Td (property) Tj ET Q q 0 0 0 rg BT 316.09 567.80 Td (, ) Tj ET Q q 0 0 0 rg BT 319.70 567.80 Td (equipment ) Tj ET Q q 0 0 0 rg BT 358.46 567.80 Td (and ) Tj ET Q q 0 0 0 rg BT 373.20 567.80 Td (intangible ) Tj ET Q q 0 0 0 rg BT 408.84 567.80 Td (asset ) Tj ET Q q 0 0 0 rg BT 429.36 567.80 Td (additions\) ) Tj ET Q q 0 0 0 rg BT 465.44 567.80 Td (include ) Tj ET Q q 0 0 0 rg BT 492.18 567.80 Td (capital ) Tj ET Q q 0 0 0 rg BT 516.70 567.80 Td (expenditures ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 558.20 Td (on ) Tj ET Q q 0 0 0 rg BT 78.62 558.20 Td (an ) Tj ET Q q 0 0 0 rg BT 89.74 558.20 Td (accrual ) Tj ET Q q 0 0 0 rg BT 117.75 558.20 Td (basis, ) Tj ET Q q 0 0 0 rg BT 140.88 558.20 Td (amounts ) Tj ET Q q 0 0 0 rg BT 173.78 558.20 Td (financed ) Tj ET Q q 0 0 0 rg BT 206.25 558.20 Td (under ) Tj ET Q q 0 0 0 rg BT 228.93 558.20 Td (vendor ) Tj ET Q q 0 0 0 rg BT 255.62 558.20 Td (financing ) Tj ET Q q 0 0 0 rg BT 289.86 558.20 Td (or ) Tj ET Q q 0 0 0 rg BT 299.20 558.20 Td (capital ) Tj ET Q q 0 0 0 rg BT 324.55 558.20 Td (lease ) Tj ET Q q 0 0 0 rg BT 345.89 558.20 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 397.48 558.20 Td (and ) Tj ET Q q 0 0 0 rg BT 413.05 558.20 Td (other ) Tj ET Q q 0 0 0 rg BT 433.50 558.20 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 468.64 558.20 Td (additions.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 546.42 Td (1) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 52.01 546.42 Td (1 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 542.60 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 109.30 542.60 Td (principles ) Tj ET Q q 0 0 0 rg BT 145.32 542.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 180.01 542.60 Td (accepted ) Tj ET Q q 0 0 0 rg BT 214.70 542.60 Td (in ) Tj ET Q q 0 0 0 rg BT 223.15 542.60 Td (the ) Tj ET Q q 0 0 0 rg BT 236.49 542.60 Td (United ) Tj ET Q q 0 0 0 rg BT 261.84 542.60 Td (States ) Tj ET Q q 0 0 0 rg BT 286.74 542.60 Td (are ) Tj ET Q q 0 0 0 rg BT 300.53 542.60 Td (referred ) Tj ET Q q 0 0 0 rg BT 330.76 542.60 Td (to ) Tj ET Q q 0 0 0 rg BT 339.66 542.60 Td (as ) Tj ET Q q 0 0 0 rg BT 350.33 542.60 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 368.11 542.60 Td (GAAP) Tj ET Q q 0 0 0 rg BT 389.31 542.60 Td (.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 530.82 Td (12) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 527.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 527.00 Td (Homes ) Tj ET Q q 0 0 0 rg BT 95.40 527.00 Td (Passed ) Tj ET Q q 0 0 0 rg BT 124.63 527.00 Td (are ) Tj ET Q q 0 0 0 rg BT 138.75 527.00 Td (homes, ) Tj ET Q q 0 0 0 rg BT 167.54 527.00 Td (residential ) Tj ET Q q 0 0 0 rg BT 206.56 527.00 Td (multiple ) Tj ET Q q 0 0 0 rg BT 236.69 527.00 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 268.15 527.00 Td (units ) Tj ET Q q 0 0 0 rg BT 287.60 527.00 Td (or ) Tj ET Q q 0 0 0 rg BT 297.27 527.00 Td (commercial ) Tj ET Q q 0 0 0 rg BT 340.72 527.00 Td (units ) Tj ET Q q 0 0 0 rg BT 360.17 527.00 Td (that ) Tj ET Q q 0 0 0 rg BT 376.07 527.00 Td (can ) Tj ET Q q 0 0 0 rg BT 391.53 527.00 Td (be ) Tj ET Q q 0 0 0 rg BT 402.98 527.00 Td (connected ) Tj ET Q q 0 0 0 rg BT 442.46 527.00 Td (to ) Tj ET Q q 0 0 0 rg BT 451.68 527.00 Td (our ) Tj ET Q q 0 0 0 rg BT 465.80 527.00 Td (networks ) Tj ET Q q 0 0 0 rg BT 500.37 527.00 Td (without ) Tj ET Q q 0 0 0 rg BT 528.27 527.00 Td (materially ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 517.40 Td (extending ) Tj ET Q q 0 0 0 rg BT 104.02 517.40 Td (the ) Tj ET Q q 0 0 0 rg BT 116.96 517.40 Td (distribution ) Tj ET Q q 0 0 0 rg BT 157.46 517.40 Td (plant, ) Tj ET Q q 0 0 0 rg BT 178.85 517.40 Td (except ) Tj ET Q q 0 0 0 rg BT 204.24 517.40 Td (for ) Tj ET Q q 0 0 0 rg BT 215.40 517.40 Td (DTH ) Tj ET Q q 0 0 0 rg BT 233.66 517.40 Td (homes. ) Tj ET Q q 0 0 0 rg BT 261.71 517.40 Td (Our ) Tj ET Q q 0 0 0 rg BT 276.87 517.40 Td (Homes ) Tj ET Q q 0 0 0 rg BT 304.03 517.40 Td (Passed ) Tj ET Q q 0 0 0 rg BT 332.53 517.40 Td (counts ) Tj ET Q q 0 0 0 rg BT 357.92 517.40 Td (are ) Tj ET Q q 0 0 0 rg BT 371.31 517.40 Td (based ) Tj ET Q q 0 0 0 rg BT 394.92 517.40 Td (on ) Tj ET Q q 0 0 0 rg BT 405.64 517.40 Td (census ) Tj ET Q q 0 0 0 rg BT 432.81 517.40 Td (data ) Tj ET Q q 0 0 0 rg BT 450.20 517.40 Td (that ) Tj ET Q q 0 0 0 rg BT 465.36 517.40 Td (can ) Tj ET Q q 0 0 0 rg BT 480.08 517.40 Td (change ) Tj ET Q q 0 0 0 rg BT 508.15 517.40 Td (based ) Tj ET Q q 0 0 0 rg BT 531.76 517.40 Td (on ) Tj ET Q q 0 0 0 rg BT 542.48 517.40 Td (either ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 507.80 Td (revisions ) Tj ET Q q 0 0 0 rg BT 101.73 507.80 Td (to ) Tj ET Q q 0 0 0 rg BT 111.06 507.80 Td (the ) Tj ET Q q 0 0 0 rg BT 124.84 507.80 Td (data ) Tj ET Q q 0 0 0 rg BT 143.07 507.80 Td (or ) Tj ET Q q 0 0 0 rg BT 152.84 507.80 Td (from ) Tj ET Q q 0 0 0 rg BT 171.50 507.80 Td (new ) Tj ET Q q 0 0 0 rg BT 188.83 507.80 Td (census ) Tj ET Q q 0 0 0 rg BT 216.84 507.80 Td (results. ) Tj ET Q q 0 0 0 rg BT 245.28 507.80 Td (W) Tj ET Q q 0 0 0 rg BT 252.69 507.80 Td (e ) Tj ET Q q 0 0 0 rg BT 259.80 507.80 Td (do ) Tj ET Q q 0 0 0 rg BT 271.36 507.80 Td (not ) Tj ET Q q 0 0 0 rg BT 285.14 507.80 Td (count ) Tj ET Q q 0 0 0 rg BT 307.37 507.80 Td (homes ) Tj ET Q q 0 0 0 rg BT 334.04 507.80 Td (passed ) Tj ET Q q 0 0 0 rg BT 362.49 507.80 Td (for ) Tj ET Q q 0 0 0 rg BT 374.49 507.80 Td (DTH. ) Tj ET Q q 0 0 0 rg BT 395.81 507.80 Td (Due ) Tj ET Q q 0 0 0 rg BT 413.15 507.80 Td (to ) Tj ET Q q 0 0 0 rg BT 422.48 507.80 Td (the ) Tj ET Q q 0 0 0 rg BT 436.26 507.80 Td (fact ) Tj ET Q q 0 0 0 rg BT 451.81 507.80 Td (that ) Tj ET Q q 0 0 0 rg BT 467.81 507.80 Td (we ) Tj ET Q q 0 0 0 rg BT 480.70 507.80 Td (do ) Tj ET Q q 0 0 0 rg BT 492.26 507.80 Td (not ) Tj ET Q q 0 0 0 rg BT 506.04 507.80 Td (own ) Tj ET Q q 0 0 0 rg BT 523.37 507.80 Td (the ) Tj ET Q q 0 0 0 rg BT 537.15 507.80 Td (partner ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 498.20 Td (networks ) Tj ET Q q 0 0 0 rg BT 101.49 498.20 Td (used ) Tj ET Q q 0 0 0 rg BT 120.82 498.20 Td (in ) Tj ET Q q 0 0 0 rg BT 129.03 498.20 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 172.37 498.20 Td (and ) Tj ET Q q 0 0 0 rg BT 187.69 498.20 Td (the ) Tj ET Q q 0 0 0 rg BT 200.80 498.20 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 245.92 498.20 Td (\(see ) Tj ET Q q 0 0 0 rg BT 263.46 498.20 Td (below\) ) Tj ET Q q 0 0 0 rg BT 289.01 498.20 Td (we ) Tj ET Q q 0 0 0 rg BT 301.22 498.20 Td (do ) Tj ET Q q 0 0 0 rg BT 312.10 498.20 Td (not ) Tj ET Q q 0 0 0 rg BT 325.20 498.20 Td (report ) Tj ET Q q 0 0 0 rg BT 348.08 498.20 Td (homes ) Tj ET Q q 0 0 0 rg BT 374.08 498.20 Td (passed ) Tj ET Q q 0 0 0 rg BT 401.85 498.20 Td (for ) Tj ET Q q 0 0 0 rg BT 413.17 498.20 Td (Switzerland) Tj ET Q q 0 0 0 rg BT 456.16 498.20 Td (s ) Tj ET Q q 0 0 0 rg BT 462.14 498.20 Td (and ) Tj ET Q q 0 0 0 rg BT 477.47 498.20 Td (the ) Tj ET Q q 0 0 0 rg BT 490.57 498.20 Td (Netherlands) Tj ET Q q 0 0 0 rg BT 535.19 498.20 Td ( ) Tj ET Q q 0 0 0 rg BT 537.17 498.20 Td (partner ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 488.60 Td (networks. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 476.82 Td (13) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 473.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 473.00 Td (T) Tj ET Q q 0 0 0 rg BT 71.95 473.00 Td (wo-way ) Tj ET Q q 0 0 0 rg BT 100.89 473.00 Td (Homes ) Tj ET Q q 0 0 0 rg BT 128.06 473.00 Td (Passed ) Tj ET Q q 0 0 0 rg BT 156.57 473.00 Td (are ) Tj ET Q q 0 0 0 rg BT 169.97 473.00 Td (Homes ) Tj ET Q q 0 0 0 rg BT 197.14 473.00 Td (Passed ) Tj ET Q q 0 0 0 rg BT 225.65 473.00 Td (by ) Tj ET Q q 0 0 0 rg BT 235.93 473.00 Td (those ) Tj ET Q q 0 0 0 rg BT 257.33 473.00 Td (sections ) Tj ET Q q 0 0 0 rg BT 288.51 473.00 Td (of ) Tj ET Q q 0 0 0 rg BT 297.01 473.00 Td (our ) Tj ET Q q 0 0 0 rg BT 310.40 473.00 Td (networks ) Tj ET Q q 0 0 0 rg BT 344.24 473.00 Td (that ) Tj ET Q q 0 0 0 rg BT 359.41 473.00 Td (are ) Tj ET Q q 0 0 0 rg BT 372.81 473.00 Td (technologically ) Tj ET Q q 0 0 0 rg BT 427.11 473.00 Td (capable ) Tj ET Q q 0 0 0 rg BT 456.96 473.00 Td (of ) Tj ET Q q 0 0 0 rg BT 465.47 473.00 Td (providing ) Tj ET Q q 0 0 0 rg BT 499.76 473.00 Td (two-way ) Tj ET Q q 0 0 0 rg BT 530.93 473.00 Td (services, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 463.40 Td (including ) Tj ET Q q 0 0 0 rg BT 101.30 463.40 Td (video, ) Tj ET Q q 0 0 0 rg BT 124.87 463.40 Td (internet ) Tj ET Q q 0 0 0 rg BT 153.78 463.40 Td (and ) Tj ET Q q 0 0 0 rg BT 169.35 463.40 Td (telephony ) Tj ET Q q 0 0 0 rg BT 206.27 463.40 Td (services. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 451.62 Td (14) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 447.80 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 447.80 Td (Basic ) Tj ET Q q 0 0 0 rg BT 89.72 447.80 Td (V) Tj ET Q q 0 0 0 rg BT 94.91 447.80 Td (ideo ) Tj ET Q q 0 0 0 rg BT 112.69 447.80 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 153.59 447.80 Td (is ) Tj ET Q q 0 0 0 rg BT 162.02 447.80 Td (a ) Tj ET Q q 0 0 0 rg BT 169.13 447.80 Td (home, ) Tj ET Q q 0 0 0 rg BT 194.02 447.80 Td (residential ) Tj ET Q q 0 0 0 rg BT 233.14 447.80 Td (multiple ) Tj ET Q q 0 0 0 rg BT 263.36 447.80 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 294.93 447.80 Td (unit ) Tj ET Q q 0 0 0 rg BT 310.48 447.80 Td (or ) Tj ET Q q 0 0 0 rg BT 320.25 447.80 Td (commercial ) Tj ET Q q 0 0 0 rg BT 363.80 447.80 Td (unit ) Tj ET Q q 0 0 0 rg BT 379.36 447.80 Td (that ) Tj ET Q q 0 0 0 rg BT 395.36 447.80 Td (receives ) Tj ET Q q 0 0 0 rg BT 427.80 447.80 Td (our ) Tj ET Q q 0 0 0 rg BT 442.02 447.80 Td (video ) Tj ET Q q 0 0 0 rg BT 463.81 447.80 Td (service ) Tj ET Q q 0 0 0 rg BT 491.80 447.80 Td (over ) Tj ET Q q 0 0 0 rg BT 510.02 447.80 Td (our ) Tj ET Q q 0 0 0 rg BT 524.24 447.80 Td (broadband ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 438.20 Td (network ) Tj ET Q q 0 0 0 rg BT 97.45 438.20 Td (either ) Tj ET Q q 0 0 0 rg BT 119.40 438.20 Td (via ) Tj ET Q q 0 0 0 rg BT 131.56 438.20 Td (an ) Tj ET Q q 0 0 0 rg BT 142.39 438.20 Td (analog ) Tj ET Q q 0 0 0 rg BT 168.35 438.20 Td (video ) Tj ET Q q 0 0 0 rg BT 189.41 438.20 Td (signal ) Tj ET Q q 0 0 0 rg BT 212.25 438.20 Td (or ) Tj ET Q q 0 0 0 rg BT 221.30 438.20 Td (via ) Tj ET Q q 0 0 0 rg BT 233.46 438.20 Td (a ) Tj ET Q q 0 0 0 rg BT 239.85 438.20 Td (digital ) Tj ET Q q 0 0 0 rg BT 262.69 438.20 Td (video ) Tj ET Q q 0 0 0 rg BT 283.75 438.20 Td (signal ) Tj ET Q q 0 0 0 rg BT 306.59 438.20 Td (without ) Tj ET Q q 0 0 0 rg BT 333.87 438.20 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 376.27 438.20 Td (to ) Tj ET Q q 0 0 0 rg BT 384.88 438.20 Td (any ) Tj ET Q q 0 0 0 rg BT 399.71 438.20 Td (recurring ) Tj ET Q q 0 0 0 rg BT 433.22 438.20 Td (monthly ) Tj ET Q q 0 0 0 rg BT 463.16 438.20 Td (service ) Tj ET Q q 0 0 0 rg BT 490.44 438.20 Td (that ) Tj ET Q q 0 0 0 rg BT 505.72 438.20 Td (requires ) Tj ET Q q 0 0 0 rg BT 536.56 438.20 Td (the ) Tj ET Q q 0 0 0 rg BT 549.61 438.20 Td (use ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 428.60 Td (of ) Tj ET Q q 0 0 0 rg BT 76.82 428.60 Td (encryption-enabling ) Tj ET Q q 0 0 0 rg BT 149.30 428.60 Td (technology) Tj ET Q q 0 0 0 rg BT 187.40 428.60 Td (. ) Tj ET Q q 0 0 0 rg BT 192.27 428.60 Td (Encryption-enabling ) Tj ET Q q 0 0 0 rg BT 265.64 428.60 Td (technology ) Tj ET Q q 0 0 0 rg BT 306.98 428.60 Td (includes ) Tj ET Q q 0 0 0 rg BT 338.99 428.60 Td (smart ) Tj ET Q q 0 0 0 rg BT 361.64 428.60 Td (cards, ) Tj ET Q q 0 0 0 rg BT 386.07 428.60 Td (or ) Tj ET Q q 0 0 0 rg BT 395.84 428.60 Td (other ) Tj ET Q q 0 0 0 rg BT 416.72 428.60 Td (integrated ) Tj ET Q q 0 0 0 rg BT 454.96 428.60 Td (or ) Tj ET Q q 0 0 0 rg BT 464.72 428.60 Td (virtual ) Tj ET Q q 0 0 0 rg BT 488.71 428.60 Td (technologies ) Tj ET Q q 0 0 0 rg BT 536.29 428.60 Td (that ) Tj ET Q q 0 0 0 rg BT 552.28 428.60 Td (we ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 419.00 Td (use ) Tj ET Q q 0 0 0 rg BT 83.20 419.00 Td (to ) Tj ET Q q 0 0 0 rg BT 92.68 419.00 Td (provide ) Tj ET Q q 0 0 0 rg BT 121.73 419.00 Td (our ) Tj ET Q q 0 0 0 rg BT 136.09 419.00 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 174.04 419.00 Td (service ) Tj ET Q q 0 0 0 rg BT 202.19 419.00 Td (of) Tj ET Q q 0 0 0 rg BT 208.72 419.00 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 237.76 419.00 Td (With ) Tj ET Q q 0 0 0 rg BT 256.56 419.00 Td (the ) Tj ET Q q 0 0 0 rg BT 270.49 419.00 Td (exception ) Tj ET Q q 0 0 0 rg BT 307.54 419.00 Td (of ) Tj ET Q q 0 0 0 rg BT 317.02 419.00 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 341.60 419.00 Td (that ) Tj ET Q q 0 0 0 rg BT 357.75 419.00 Td (we ) Tj ET Q q 0 0 0 rg BT 370.78 419.00 Td (count ) Tj ET Q q 0 0 0 rg BT 393.16 419.00 Td (on ) Tj ET Q q 0 0 0 rg BT 404.86 419.00 Td (an ) Tj ET Q q 0 0 0 rg BT 416.57 419.00 Td (EBU ) Tj ET Q q 0 0 0 rg BT 435.82 419.00 Td (basis, ) Tj ET Q q 0 0 0 rg BT 459.53 419.00 Td (we ) Tj ET Q q 0 0 0 rg BT 472.56 419.00 Td (count ) Tj ET Q q 0 0 0 rg BT 494.93 419.00 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 519.52 419.00 Td (on ) Tj ET Q q 0 0 0 rg BT 531.22 419.00 Td (a ) Tj ET Q q 0 0 0 rg BT 538.48 419.00 Td (unique ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 409.40 Td (premises ) Tj ET Q q 0 0 0 rg BT 102.26 409.40 Td (basis. ) Tj ET Q q 0 0 0 rg BT 127.68 409.40 Td (In ) Tj ET Q q 0 0 0 rg BT 136.66 409.40 Td (other ) Tj ET Q q 0 0 0 rg BT 157.20 409.40 Td (words, ) Tj ET Q q 0 0 0 rg BT 183.07 409.40 Td (a ) Tj ET Q q 0 0 0 rg BT 189.82 409.40 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 229.03 409.40 Td (with ) Tj ET Q q 0 0 0 rg BT 245.56 409.40 Td (multiple ) Tj ET Q q 0 0 0 rg BT 275.43 409.40 Td (outlets ) Tj ET Q q 0 0 0 rg BT 301.31 409.40 Td (in ) Tj ET Q q 0 0 0 rg BT 309.84 409.40 Td (one ) Tj ET Q q 0 0 0 rg BT 325.49 409.40 Td (premises ) Tj ET Q q 0 0 0 rg BT 360.25 409.40 Td (is ) Tj ET Q q 0 0 0 rg BT 368.33 409.40 Td (counted ) Tj ET Q q 0 0 0 rg BT 399.11 409.40 Td (as ) Tj ET Q q 0 0 0 rg BT 409.86 409.40 Td (one ) Tj ET Q q 0 0 0 rg BT 425.52 409.40 Td (RGU ) Tj ET Q q 0 0 0 rg BT 445.60 409.40 Td (and ) Tj ET Q q 0 0 0 rg BT 461.25 409.40 Td (a ) Tj ET Q q 0 0 0 rg BT 468.01 409.40 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 507.21 409.40 Td (with ) Tj ET Q q 0 0 0 rg BT 523.75 409.40 Td (two ) Tj ET Q q 0 0 0 rg BT 538.50 409.40 Td (homes ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 399.80 Td (and ) Tj ET Q q 0 0 0 rg BT 83.63 399.80 Td (a ) Tj ET Q q 0 0 0 rg BT 90.85 399.80 Td (subscription ) Tj ET Q q 0 0 0 rg BT 136.32 399.80 Td (to ) Tj ET Q q 0 0 0 rg BT 145.77 399.80 Td (our ) Tj ET Q q 0 0 0 rg BT 160.11 399.80 Td (video ) Tj ET Q q 0 0 0 rg BT 182.01 399.80 Td (service ) Tj ET Q q 0 0 0 rg BT 210.13 399.80 Td (at ) Tj ET Q q 0 0 0 rg BT 219.57 399.80 Td (each ) Tj ET Q q 0 0 0 rg BT 239.70 399.80 Td (home ) Tj ET Q q 0 0 0 rg BT 262.49 399.80 Td (is ) Tj ET Q q 0 0 0 rg BT 271.04 399.80 Td (counted ) Tj ET Q q 0 0 0 rg BT 302.29 399.80 Td (as ) Tj ET Q q 0 0 0 rg BT 313.52 399.80 Td (two ) Tj ET Q q 0 0 0 rg BT 328.74 399.80 Td (RGUs. ) Tj ET Q q 0 0 0 rg BT 354.97 399.80 Td (At ) Tj ET Q q 0 0 0 rg BT 365.30 399.80 Td (UPC ) Tj ET Q q 0 0 0 rg BT 384.97 399.80 Td (Holding, ) Tj ET Q q 0 0 0 rg BT 417.10 399.80 Td (we ) Tj ET Q q 0 0 0 rg BT 430.10 399.80 Td (have ) Tj ET Q q 0 0 0 rg BT 450.23 399.80 Td (approximately ) Tj ET Q q 0 0 0 rg BT 502.81 399.80 Td (143,400 ) Tj ET Q q 0 0 0 rg BT 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390.20 Td (with ) Tj ET Q q 0 0 0 rg BT 526.47 390.20 Td (only ) Tj ET Q q 0 0 0 rg BT 543.37 390.20 Td (a ) Tj ET Q q 0 0 0 rg BT 550.04 390.20 Td (few ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 380.60 Td (channels. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 368.82 Td (15 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 365.00 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 105.37 365.00 Td (V) Tj ET Q q 0 0 0 rg BT 110.56 365.00 Td (ideo ) Tj ET Q q 0 0 0 rg BT 127.52 365.00 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 167.59 365.00 Td (is ) Tj ET Q q 0 0 0 rg BT 175.20 365.00 Td (a ) Tj ET Q q 0 0 0 rg BT 181.48 365.00 Td (home, ) Tj ET Q q 0 0 0 rg BT 205.55 365.00 Td (residential ) Tj ET Q q 0 0 0 rg BT 243.85 365.00 Td (multiple ) Tj ET Q q 0 0 0 rg BT 273.25 365.00 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 303.99 365.00 Td (unit ) Tj ET Q q 0 0 0 rg BT 318.72 365.00 Td (or ) Tj ET Q q 0 0 0 rg BT 327.67 365.00 Td (commercial ) Tj ET Q q 0 0 0 rg BT 370.40 365.00 Td (unit ) Tj ET Q q 0 0 0 rg BT 385.13 365.00 Td (that ) Tj ET Q q 0 0 0 rg BT 400.31 365.00 Td (receives ) Tj ET Q q 0 0 0 rg BT 431.93 365.00 Td (our ) Tj ET Q q 0 0 0 rg BT 445.33 365.00 Td (video ) Tj ET Q q 0 0 0 rg BT 466.29 365.00 Td (service ) Tj ET Q q 0 0 0 rg BT 493.46 365.00 Td (over ) Tj ET Q q 0 0 0 rg BT 510.86 365.00 Td (our ) Tj ET Q q 0 0 0 rg BT 524.25 365.00 Td (broadband ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 355.40 Td (network ) Tj ET Q q 0 0 0 rg BT 98.39 355.40 Td (or ) Tj ET Q q 0 0 0 rg BT 108.37 355.40 Td (through ) Tj ET Q q 0 0 0 rg BT 138.38 355.40 Td (a ) Tj ET Q q 0 0 0 rg BT 145.70 355.40 Td (partner ) Tj ET Q q 0 0 0 rg BT 173.92 355.40 Td (network ) Tj ET Q q 0 0 0 rg BT 204.81 355.40 Td (via ) Tj ET Q q 0 0 0 rg BT 217.91 355.40 Td (a ) Tj ET Q q 0 0 0 rg BT 225.23 355.40 Td (digital ) Tj ET Q q 0 0 0 rg BT 249.01 355.40 Td (video ) Tj ET Q q 0 0 0 rg BT 271.01 355.40 Td (signal ) Tj ET Q q 0 0 0 rg BT 294.79 355.40 Td (while ) Tj ET Q q 0 0 0 rg BT 315.89 355.40 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 359.23 355.40 Td (to ) Tj ET Q q 0 0 0 rg BT 368.78 355.40 Td (any ) Tj ET Q q 0 0 0 rg BT 384.55 355.40 Td (recurring ) Tj ET Q q 0 0 0 rg BT 418.99 355.40 Td (monthly ) Tj ET Q q 0 0 0 rg BT 449.87 355.40 Td (service ) Tj ET Q q 0 0 0 rg BT 478.09 355.40 Td (that ) Tj ET Q q 0 0 0 rg BT 494.31 355.40 Td (requires ) Tj ET Q q 0 0 0 rg BT 526.08 355.40 Td (the ) Tj ET Q q 0 0 0 rg BT 540.08 355.40 Td (use ) Tj ET Q q 0 0 0 rg BT 555.85 355.40 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 345.80 Td (encryption-enabling ) Tj ET Q q 0 0 0 rg BT 139.33 345.80 Td (technology) Tj ET Q q 0 0 0 rg BT 177.43 345.80 Td (. ) Tj ET Q q 0 0 0 rg BT 181.66 345.80 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 219.70 345.80 Td (V) Tj ET Q q 0 0 0 rg BT 224.89 345.80 Td (ideo ) Tj ET Q q 0 0 0 rg BT 242.02 345.80 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 286.26 345.80 Td (that ) Tj ET Q q 0 0 0 rg BT 301.61 345.80 Td (are ) Tj ET Q q 0 0 0 rg BT 315.18 345.80 Td (not ) Tj ET Q q 0 0 0 rg BT 328.30 345.80 Td (counted ) Tj ET Q q 0 0 0 rg BT 358.78 345.80 Td (on ) Tj ET Q q 0 0 0 rg BT 369.68 345.80 Td (an ) Tj ET Q q 0 0 0 rg BT 380.59 345.80 Td (EBU ) Tj ET Q q 0 0 0 rg BT 399.04 345.80 Td (basis ) Tj ET Q q 0 0 0 rg BT 419.72 345.80 Td (are ) Tj ET Q q 0 0 0 rg BT 433.29 345.80 Td (counted ) Tj ET Q q 0 0 0 rg BT 463.76 345.80 Td (on ) Tj ET Q q 0 0 0 rg BT 474.67 345.80 Td (a ) Tj ET Q q 0 0 0 rg BT 481.12 345.80 Td (unique ) Tj ET Q q 0 0 0 rg BT 507.15 345.80 Td (premises ) Tj ET Q q 0 0 0 rg BT 541.61 345.80 Td (basis. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 336.20 Td (For ) Tj ET Q q 0 0 0 rg BT 82.04 336.20 Td (example, ) Tj ET Q q 0 0 0 rg BT 117.03 336.20 Td (a ) Tj ET Q q 0 0 0 rg BT 124.02 336.20 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 163.46 336.20 Td (with ) Tj ET Q q 0 0 0 rg BT 180.22 336.20 Td (one ) Tj ET Q q 0 0 0 rg BT 196.10 336.20 Td (or ) Tj ET Q q 0 0 0 rg BT 205.75 336.20 Td (more ) Tj ET Q q 0 0 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Tj ET Q q 0 0 0 rg BT 107.96 326.60 Td (An ) Tj ET Q q 0 0 0 rg BT 119.41 326.60 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 157.09 326.60 Td (V) Tj ET Q q 0 0 0 rg BT 162.29 326.60 Td (ideo ) Tj ET Q q 0 0 0 rg BT 179.07 326.60 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 218.96 326.60 Td (is ) Tj ET Q q 0 0 0 rg BT 226.39 326.60 Td (not ) Tj ET Q q 0 0 0 rg BT 239.17 326.60 Td (counted ) Tj ET Q q 0 0 0 rg BT 269.30 326.60 Td (as ) Tj ET Q q 0 0 0 rg BT 279.40 326.60 Td (a ) Tj ET Q q 0 0 0 rg BT 285.51 326.60 Td (Basic ) Tj ET Q q 0 0 0 rg BT 306.73 326.60 Td (V) Tj ET Q q 0 0 0 rg BT 311.92 326.60 Td (ideo ) Tj ET Q q 0 0 0 rg BT 328.70 326.60 Td (Subscriber) Tj ET Q q 0 0 0 rg BT 366.50 326.60 Td (.) Tj ET Q q 0 0 0 rg BT 370.50 326.60 Td (As ) Tj ET Q q 0 0 0 rg BT 381.49 326.60 Td (we ) Tj ET Q q 0 0 0 rg BT 393.38 326.60 Td (migrate ) Tj ET Q q 0 0 0 rg BT 421.71 326.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 460.26 326.60 Td (from ) Tj ET Q q 0 0 0 rg BT 477.92 326.60 Td (basic ) Tj ET Q q 0 0 0 rg BT 498.25 326.60 Td (to ) Tj ET Q q 0 0 0 rg BT 506.58 326.60 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 543.38 326.60 Td (video ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 317.00 Td (services, ) Tj ET Q q 0 0 0 rg BT 102.10 317.00 Td (we ) Tj ET Q q 0 0 0 rg BT 115.36 317.00 Td (report ) Tj ET Q q 0 0 0 rg BT 139.30 317.00 Td (a ) Tj ET Q q 0 0 0 rg BT 146.79 317.00 Td (decrease ) Tj ET Q q 0 0 0 rg BT 182.73 317.00 Td (in ) Tj ET Q q 0 0 0 rg BT 192.00 317.00 Td (our ) Tj ET Q q 0 0 0 rg BT 206.60 317.00 Td (Basic ) Tj ET Q q 0 0 0 rg BT 229.20 317.00 Td (V) Tj ET Q q 0 0 0 rg BT 234.39 317.00 Td (ideo ) Tj ET Q q 0 0 0 rg BT 252.55 317.00 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 297.83 317.00 Td (equal ) Tj ET Q q 0 0 0 rg BT 320.44 317.00 Td (to ) Tj ET Q q 0 0 0 rg BT 330.15 317.00 Td (the ) Tj ET Q q 0 0 0 rg BT 344.31 317.00 Td (increase ) Tj ET Q q 0 0 0 rg BT 377.58 317.00 Td (in ) Tj ET Q q 0 0 0 rg BT 386.85 317.00 Td (our ) Tj ET Q q 0 0 0 rg BT 401.45 317.00 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 440.52 317.00 Td (V) Tj ET Q q 0 0 0 rg BT 445.71 317.00 Td (ideo ) Tj ET Q q 0 0 0 rg BT 463.87 317.00 Td (Subscribers.Subscribers ) Tj ET Q q 0 0 0 rg BT 555.83 317.00 Td (to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 307.40 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 104.99 307.40 Td (video ) Tj ET Q q 0 0 0 rg BT 126.47 307.40 Td (services ) Tj ET Q q 0 0 0 rg BT 158.16 307.40 Td (provided ) Tj ET Q q 0 0 0 rg BT 191.20 307.40 Td (by ) Tj ET Q q 0 0 0 rg BT 201.99 307.40 Td (our ) Tj ET Q q 0 0 0 rg BT 215.91 307.40 Td (operations ) Tj ET Q q 0 0 0 rg BT 255.62 307.40 Td (in ) Tj ET Q q 0 0 0 rg BT 264.19 307.40 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 307.89 307.40 Td (and ) Tj ET Q q 0 0 0 rg BT 323.59 307.40 Td (the ) Tj ET Q q 0 0 0 rg BT 337.06 307.40 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 382.55 307.40 Td (over ) Tj ET Q q 0 0 0 rg BT 400.46 307.40 Td (partner ) Tj ET Q q 0 0 0 rg BT 428.16 307.40 Td (networks ) Tj ET Q q 0 0 0 rg BT 462.52 307.40 Td (receive ) Tj ET Q q 0 0 0 rg BT 490.66 307.40 Td (basic ) Tj ET Q q 0 0 0 rg BT 511.68 307.40 Td (video ) Tj ET Q q 0 0 0 rg BT 533.16 307.40 Td (services ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 297.80 Td (from ) Tj ET Q q 0 0 0 rg BT 85.72 297.80 Td (the ) Tj ET Q q 0 0 0 rg BT 99.07 297.80 Td (partner ) Tj ET Q q 0 0 0 rg BT 126.64 297.80 Td (networks ) Tj ET Q q 0 0 0 rg BT 160.87 297.80 Td (as ) Tj ET Q q 0 0 0 rg BT 171.54 297.80 Td (opposed ) Tj ET Q q 0 0 0 rg BT 204.46 297.80 Td (to ) Tj ET Q q 0 0 0 rg BT 213.36 297.80 Td (our ) Tj ET Q q 0 0 0 rg BT 227.14 297.80 Td (operations. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 286.02 Td (16 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 282.20 Td (Fixed-mobile ) Tj ET Q q 0 0 0 rg BT 114.92 282.20 Td (Convergence ) Tj ET Q q 0 0 0 rg BT 164.12 282.20 Td (penetration ) Tj ET Q q 0 0 0 rg BT 205.78 282.20 Td (represents ) Tj ET Q q 0 0 0 rg BT 245.20 282.20 Td (the ) Tj ET Q q 0 0 0 rg BT 257.94 282.20 Td (number ) Tj ET Q q 0 0 0 rg BT 286.69 282.20 Td (of ) Tj ET Q q 0 0 0 rg BT 294.98 282.20 Td (customers ) Tj ET Q q 0 0 0 rg BT 333.50 282.20 Td (who ) Tj ET Q q 0 0 0 rg BT 349.80 282.20 Td (subscribe ) Tj ET Q q 0 0 0 rg BT 385.66 282.20 Td (to ) Tj ET Q q 0 0 0 rg BT 393.96 282.20 Td (both ) Tj ET Q q 0 0 0 rg BT 411.15 282.20 Td (V) Tj ET Q q 0 0 0 rg BT 416.34 282.20 Td (irgin ) Tj ET Q q 0 0 0 rg BT 433.08 282.20 Td (Media's ) Tj ET Q q 0 0 0 rg BT 462.02 282.20 Td (internet ) Tj ET Q q 0 0 0 rg BT 490.33 282.20 Td (service ) Tj ET Q q 0 0 0 rg BT 517.29 282.20 Td (and ) Tj ET Q q 0 0 0 rg BT 532.26 282.20 Td (postpaid ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 272.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 93.29 272.60 Td (telephony ) Tj ET Q q 0 0 0 rg BT 130.21 272.60 Td (service, ) Tj ET Q q 0 0 0 rg BT 159.99 272.60 Td (divided ) Tj ET Q q 0 0 0 rg BT 187.57 272.60 Td (by ) Tj ET Q q 0 0 0 rg BT 198.24 272.60 Td (the ) Tj ET Q q 0 0 0 rg BT 211.58 272.60 Td (number ) Tj ET Q q 0 0 0 rg BT 240.93 272.60 Td (of ) Tj ET Q q 0 0 0 rg BT 249.82 272.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 288.95 272.60 Td (who ) Tj ET Q q 0 0 0 rg BT 305.84 272.60 Td (subscribe ) Tj ET Q q 0 0 0 rg BT 342.30 272.60 Td (to ) Tj ET Q q 0 0 0 rg BT 351.20 272.60 Td (V) Tj ET Q q 0 0 0 rg BT 356.39 272.60 Td (irgin ) Tj ET Q q 0 0 0 rg BT 373.73 272.60 Td (Media's ) Tj ET Q q 0 0 0 rg BT 403.27 272.60 Td (internet ) Tj ET Q q 0 0 0 rg BT 432.18 272.60 Td (service.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 260.82 Td (17 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 257.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 83.54 257.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 109.80 257.00 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 149.40 257.00 Td (count ) Tj ET Q q 0 0 0 rg BT 171.67 257.00 Td (represents ) Tj ET Q q 0 0 0 rg BT 212.17 257.00 Td (the ) Tj ET Q q 0 0 0 rg BT 225.99 257.00 Td (number ) Tj ET Q q 0 0 0 rg BT 255.81 257.00 Td (of ) Tj ET Q q 0 0 0 rg BT 265.18 257.00 Td (active ) Tj ET Q q 0 0 0 rg BT 288.78 257.00 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 328.38 257.00 Td (identification ) Tj ET Q q 0 0 0 rg BT 375.55 257.00 Td (module ) Tj ET Q q 0 0 0 rg BT 404.49 257.00 Td (\(SIM\) ) Tj ET Q q 0 0 0 rg BT 432.07 257.00 Td (cards ) Tj ET Q q 0 0 0 rg BT 454.33 257.00 Td (in ) Tj ET Q q 0 0 0 rg BT 463.26 257.00 Td (service ) Tj ET Q q 0 0 0 rg BT 491.30 257.00 Td (rather ) Tj ET Q q 0 0 0 rg BT 514.89 257.00 Td (than ) Tj ET Q q 0 0 0 rg BT 533.16 257.00 Td (services ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 247.40 Td (provided. ) Tj ET Q q 0 0 0 rg BT 102.91 247.40 Td (For ) Tj ET Q q 0 0 0 rg BT 117.40 247.40 Td (example, ) Tj ET Q q 0 0 0 rg BT 152.36 247.40 Td (if ) Tj ET Q q 0 0 0 rg BT 158.85 247.40 Td (a ) Tj ET Q q 0 0 0 rg BT 165.80 247.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 191.86 247.40 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 231.25 247.40 Td (has ) Tj ET Q q 0 0 0 rg BT 246.65 247.40 Td (both ) Tj ET Q q 0 0 0 rg BT 264.71 247.40 Td (a ) Tj ET Q q 0 0 0 rg BT 271.66 247.40 Td (data ) Tj ET Q q 0 0 0 rg BT 289.72 247.40 Td (and ) Tj ET Q q 0 0 0 rg BT 305.57 247.40 Td (voice ) Tj ET Q q 0 0 0 rg BT 326.74 247.40 Td (plan ) Tj ET Q q 0 0 0 rg BT 344.36 247.40 Td (on ) Tj ET Q q 0 0 0 rg BT 355.75 247.40 Td (a ) Tj ET Q q 0 0 0 rg BT 362.70 247.40 Td (smartphone ) Tj ET Q q 0 0 0 rg BT 407.44 247.40 Td (this ) Tj ET Q q 0 0 0 rg BT 422.38 247.40 Td (would ) Tj ET Q q 0 0 0 rg BT 445.78 247.40 Td (equate ) Tj ET Q q 0 0 0 rg BT 472.74 247.40 Td (to ) Tj ET Q q 0 0 0 rg BT 481.91 247.40 Td (one ) Tj ET Q q 0 0 0 rg BT 497.75 247.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 523.81 247.40 Td (subscriber) Tj ET Q q 0 0 0 rg BT 560.27 247.40 Td (. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 237.80 Td (Alternatively) Tj ET Q q 0 0 0 rg BT 110.48 237.80 Td (, ) Tj ET Q q 0 0 0 rg BT 115.07 237.80 Td (a ) Tj ET Q q 0 0 0 rg BT 121.88 237.80 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 161.15 237.80 Td (who ) Tj ET Q q 0 0 0 rg BT 178.19 237.80 Td (has ) Tj ET Q q 0 0 0 rg BT 193.46 237.80 Td (a ) Tj ET Q q 0 0 0 rg BT 200.27 237.80 Td (voice ) Tj ET Q q 0 0 0 rg BT 221.31 237.80 Td (and ) Tj ET Q q 0 0 0 rg BT 237.03 237.80 Td (data ) Tj ET Q q 0 0 0 rg BT 254.96 237.80 Td (plan ) Tj ET Q q 0 0 0 rg BT 272.45 237.80 Td (for ) Tj ET Q q 0 0 0 rg BT 284.16 237.80 Td (a ) Tj ET Q q 0 0 0 rg BT 290.97 237.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 316.90 237.80 Td (handset ) Tj ET Q q 0 0 0 rg BT 347.74 237.80 Td (and ) Tj ET Q q 0 0 0 rg BT 363.45 237.80 Td (a ) Tj ET Q q 0 0 0 rg BT 370.27 237.80 Td (data ) Tj ET Q q 0 0 0 rg BT 388.20 237.80 Td (plan ) Tj ET Q q 0 0 0 rg BT 405.69 237.80 Td (for ) Tj ET Q q 0 0 0 rg BT 417.39 237.80 Td (a ) Tj ET Q q 0 0 0 rg BT 424.21 237.80 Td (laptop ) Tj ET Q q 0 0 0 rg BT 448.37 237.80 Td (\(via ) Tj ET Q q 0 0 0 rg BT 463.63 237.80 Td (a ) Tj ET Q q 0 0 0 rg BT 470.44 237.80 Td (dongle\) ) Tj ET Q q 0 0 0 rg BT 499.50 237.80 Td (would ) Tj ET Q q 0 0 0 rg BT 522.76 237.80 Td (be ) Tj ET Q q 0 0 0 rg BT 534.03 237.80 Td (counted ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 228.20 Td (as ) Tj ET Q q 0 0 0 rg BT 77.86 228.20 Td (two ) Tj ET Q q 0 0 0 rg BT 92.22 228.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 117.70 228.20 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 162.73 228.20 Td (Customers ) Tj ET Q q 0 0 0 rg BT 203.32 228.20 Td (who ) Tj ET Q q 0 0 0 rg BT 219.90 228.20 Td (do ) Tj ET Q q 0 0 0 rg BT 230.71 228.20 Td (not ) Tj ET Q q 0 0 0 rg BT 243.74 228.20 Td (pay ) Tj ET Q q 0 0 0 rg BT 258.55 228.20 Td (a ) Tj ET Q q 0 0 0 rg BT 264.91 228.20 Td (recurring ) Tj ET Q q 0 0 0 rg BT 298.39 228.20 Td (monthly ) Tj ET Q q 0 0 0 rg BT 328.31 228.20 Td (fee ) Tj ET Q q 0 0 0 rg BT 341.34 228.20 Td (are ) Tj ET Q q 0 0 0 rg BT 354.81 228.20 Td (excluded ) Tj ET Q q 0 0 0 rg BT 388.75 228.20 Td (from ) Tj ET Q q 0 0 0 rg BT 406.66 228.20 Td (our ) Tj ET Q q 0 0 0 rg BT 420.13 228.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 445.61 228.20 Td (telephony ) Tj ET Q q 0 0 0 rg BT 482.21 228.20 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 521.02 228.20 Td (counts ) Tj ET Q q 0 0 0 rg BT 546.50 228.20 Td (after ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 218.60 Td (periods ) Tj ET Q q 0 0 0 rg BT 95.96 218.60 Td (of ) Tj ET Q q 0 0 0 rg BT 104.86 218.60 Td (inactivity ) Tj ET Q q 0 0 0 rg BT 137.75 218.60 Td (ranging ) Tj ET Q q 0 0 0 rg BT 166.66 218.60 Td (from ) Tj ET Q q 0 0 0 rg BT 184.89 218.60 Td (30 ) Tj ET Q q 0 0 0 rg BT 196.01 218.60 Td (to ) Tj ET Q q 0 0 0 rg BT 204.90 218.60 Td (90 ) Tj ET Q q 0 0 0 rg BT 216.02 218.60 Td (days, ) Tj ET Q q 0 0 0 rg BT 237.37 218.60 Td (based ) Tj ET Q q 0 0 0 rg BT 261.39 218.60 Td (on ) Tj ET Q q 0 0 0 rg BT 272.51 218.60 Td (industry ) Tj ET Q q 0 0 0 rg BT 302.74 218.60 Td (standards ) Tj ET Q q 0 0 0 rg BT 340.10 218.60 Td (within ) Tj ET Q q 0 0 0 rg BT 362.77 218.60 Td (the ) Tj ET Q q 0 0 0 rg BT 376.12 218.60 Td (respective ) Tj ET Q q 0 0 0 rg BT 414.80 218.60 Td (country) Tj ET Q q 0 0 0 rg BT 440.44 218.60 Td (.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 206.82 Td (18 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 203.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 82.83 203.00 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 107.55 203.00 Td (per ) Tj ET Q q 0 0 0 rg BT 121.61 203.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 147.66 203.00 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 187.06 203.00 Td (calculation ) Tj ET Q q 0 0 0 rg BT 227.35 203.00 Td (that ) Tj ET Q q 0 0 0 rg BT 243.19 203.00 Td (excludes ) Tj ET Q q 0 0 0 rg BT 277.25 203.00 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 323.33 203.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 354.73 203.00 Td (refers ) Tj ET Q q 0 0 0 rg BT 377.67 203.00 Td (to ) Tj ET Q q 0 0 0 rg BT 386.83 203.00 Td (the ) Tj ET Q q 0 0 0 rg BT 400.44 203.00 Td (average ) Tj ET Q q 0 0 0 rg BT 431.85 203.00 Td (monthly ) Tj ET Q q 0 0 0 rg BT 462.35 203.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 488.41 203.00 Td (subscription ) Tj ET Q q 0 0 0 rg BT 533.59 203.00 Td (revenue ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 193.40 Td (per ) Tj ET Q q 0 0 0 rg BT 80.97 193.40 Td (average ) Tj ET Q q 0 0 0 rg BT 111.78 193.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 137.26 193.40 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 180.06 193.40 Td (in ) Tj ET Q q 0 0 0 rg BT 188.20 193.40 Td (service ) Tj ET Q q 0 0 0 rg BT 215.44 193.40 Td (and ) Tj ET Q q 0 0 0 rg BT 230.70 193.40 Td (is ) Tj ET Q q 0 0 0 rg BT 238.38 193.40 Td (calculated ) Tj ET Q q 0 0 0 rg BT 276.31 193.40 Td (by ) Tj ET Q q 0 0 0 rg BT 286.66 193.40 Td (dividing ) Tj ET Q q 0 0 0 rg BT 315.70 193.40 Td (the ) Tj ET Q q 0 0 0 rg BT 328.72 193.40 Td (average ) Tj ET Q q 0 0 0 rg BT 359.54 193.40 Td (monthly ) Tj ET Q q 0 0 0 rg BT 389.46 193.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 414.93 193.40 Td (subscription ) Tj ET Q q 0 0 0 rg BT 459.52 193.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 490.34 193.40 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 528.71 193.40 Td (activation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 183.80 Td (fees, ) Tj ET Q q 0 0 0 rg BT 86.66 183.80 Td (handset ) Tj ET Q q 0 0 0 rg BT 116.95 183.80 Td (sales ) Tj ET Q q 0 0 0 rg BT 137.44 183.80 Td (and ) Tj ET Q q 0 0 0 rg BT 152.61 183.80 Td (late ) Tj ET Q q 0 0 0 rg BT 167.32 183.80 Td (fees\) ) Tj ET Q q 0 0 0 rg BT 186.93 183.80 Td (for ) Tj ET Q q 0 0 0 rg BT 198.08 183.80 Td (the ) Tj ET Q q 0 0 0 rg BT 211.02 183.80 Td (indicated ) Tj ET Q q 0 0 0 rg BT 244.86 183.80 Td (period, ) Tj ET Q q 0 0 0 rg BT 271.14 183.80 Td (by ) Tj ET Q q 0 0 0 rg BT 281.41 183.80 Td (the ) Tj ET Q q 0 0 0 rg BT 294.35 183.80 Td (average ) Tj ET Q q 0 0 0 rg BT 325.07 183.80 Td (of ) Tj ET Q q 0 0 0 rg BT 333.56 183.80 Td (the ) Tj ET Q q 0 0 0 rg BT 346.50 183.80 Td (opening ) Tj ET Q q 0 0 0 rg BT 376.79 183.80 Td (and ) Tj ET Q q 0 0 0 rg BT 391.96 183.80 Td (closing ) Tj ET Q q 0 0 0 rg BT 418.68 183.80 Td (balances ) Tj ET Q q 0 0 0 rg BT 452.52 183.80 Td (of ) Tj ET Q q 0 0 0 rg BT 461.01 183.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 486.39 183.80 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 529.11 183.80 Td (in ) Tj ET Q q 0 0 0 rg BT 537.16 183.80 Td (service ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 174.20 Td (for ) Tj ET Q q 0 0 0 rg BT 78.59 174.20 Td (the ) Tj ET Q q 0 0 0 rg BT 91.46 174.20 Td (period. ) Tj ET Q q 0 0 0 rg BT 117.67 174.20 Td (Our ) Tj ET Q q 0 0 0 rg BT 132.41 174.20 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 156.39 174.20 Td (per ) Tj ET Q q 0 0 0 rg BT 169.70 174.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 195.02 174.20 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 233.68 174.20 Td (calculation ) Tj ET Q q 0 0 0 rg BT 273.23 174.20 Td (that ) Tj ET Q q 0 0 0 rg BT 288.32 174.20 Td (includes ) Tj ET Q q 0 0 0 rg BT 319.43 174.20 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 364.76 174.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 395.42 174.20 Td (increases ) Tj ET Q q 0 0 0 rg BT 431.41 174.20 Td (the ) Tj ET Q q 0 0 0 rg BT 444.28 174.20 Td (numerator ) Tj ET Q q 0 0 0 rg BT 482.50 174.20 Td (in ) Tj ET Q q 0 0 0 rg BT 490.47 174.20 Td (the ) Tj ET Q q 0 0 0 rg BT 503.35 174.20 Td (above-described ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 164.60 Td (calculation ) Tj ET Q q 0 0 0 rg BT 107.52 164.60 Td (by ) Tj ET Q q 0 0 0 rg BT 118.20 164.60 Td (the ) Tj ET Q q 0 0 0 rg BT 131.54 164.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 160.45 164.60 Td (of ) Tj ET Q q 0 0 0 rg BT 169.34 164.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 195.13 164.60 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 240.93 164.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 272.07 164.60 Td (during ) Tj ET Q q 0 0 0 rg BT 296.53 164.60 Td (the ) Tj ET Q q 0 0 0 rg BT 309.87 164.60 Td (period.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 152.82 Td (19) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 149.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 149.00 Td (The ) Tj ET Q q 0 0 0 rg BT 83.98 149.00 Td (capital ) Tj ET Q q 0 0 0 rg BT 109.79 149.00 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 158.29 149.00 Td (that ) Tj ET Q q 0 0 0 rg BT 174.33 149.00 Td (we ) Tj ET Q q 0 0 0 rg BT 187.25 149.00 Td (report ) Tj ET Q q 0 0 0 rg BT 210.84 149.00 Td (in ) Tj ET Q q 0 0 0 rg BT 219.75 149.00 Td (our ) Tj ET Q q 0 0 0 rg BT 234.01 149.00 Td (condensed ) Tj ET Q q 0 0 0 rg BT 275.84 149.00 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 323.46 149.00 Td (statements ) Tj ET Q q 0 0 0 rg BT 365.28 149.00 Td (of ) Tj ET Q q 0 0 0 rg BT 374.64 149.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 394.23 149.00 Td (flows ) Tj ET Q q 0 0 0 rg BT 415.15 149.00 Td (do ) Tj ET Q q 0 0 0 rg BT 426.74 149.00 Td (not ) Tj ET Q q 0 0 0 rg BT 440.55 149.00 Td (include ) Tj ET Q q 0 0 0 rg BT 468.59 149.00 Td (amounts ) Tj ET Q q 0 0 0 rg BT 501.97 149.00 Td (that ) Tj ET Q q 0 0 0 rg BT 518.00 149.00 Td (are ) Tj ET Q q 0 0 0 rg BT 532.26 149.00 Td (financed ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 139.40 Td (under ) Tj ET Q q 0 0 0 rg BT 90.56 139.40 Td (vendor ) Tj ET Q q 0 0 0 rg BT 117.61 139.40 Td (financing ) Tj ET Q q 0 0 0 rg BT 152.23 139.40 Td (or ) Tj ET Q q 0 0 0 rg BT 161.94 139.40 Td (capital ) Tj ET Q q 0 0 0 rg BT 187.66 139.40 Td (lease ) Tj ET Q q 0 0 0 rg BT 209.38 139.40 Td (arrangements. ) Tj ET Q q 0 0 0 rg BT 263.55 139.40 Td (Instead, ) Tj ET Q q 0 0 0 rg BT 294.61 139.40 Td (these ) Tj ET Q q 0 0 0 rg BT 316.78 139.40 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 365.18 139.40 Td (are ) Tj ET Q q 0 0 0 rg BT 379.34 139.40 Td (reflected ) Tj ET Q q 0 0 0 rg BT 412.62 139.40 Td (as ) Tj ET Q q 0 0 0 rg BT 423.66 139.40 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 459.17 139.40 Td (additions ) Tj ET Q q 0 0 0 rg BT 493.78 139.40 Td (to ) Tj ET Q q 0 0 0 rg BT 503.05 139.40 Td (our ) Tj ET Q q 0 0 0 rg BT 517.21 139.40 Td (property ) Tj ET Q q 0 0 0 rg BT 549.15 139.40 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 129.80 Td (equipment ) Tj ET Q q 0 0 0 rg BT 107.08 129.80 Td (when ) Tj ET Q q 0 0 0 rg BT 128.43 129.80 Td (the ) Tj ET Q q 0 0 0 rg BT 141.77 129.80 Td (underlying ) Tj ET Q q 0 0 0 rg BT 180.91 129.80 Td (assets ) Tj ET Q q 0 0 0 rg BT 206.25 129.80 Td (are ) Tj ET Q q 0 0 0 rg BT 220.04 129.80 Td (delivered, ) Tj ET Q q 0 0 0 rg BT 256.95 129.80 Td (and ) Tj ET Q q 0 0 0 rg BT 272.52 129.80 Td (as ) Tj ET Q q 0 0 0 rg BT 283.19 129.80 Td (repayments ) Tj ET Q q 0 0 0 rg BT 327.21 129.80 Td (of ) Tj ET Q q 0 0 0 rg BT 336.11 129.80 Td (debt ) Tj ET Q q 0 0 0 rg BT 353.90 129.80 Td (when ) Tj ET Q q 0 0 0 rg BT 375.25 129.80 Td (the ) Tj ET Q q 0 0 0 rg BT 388.59 129.80 Td (related ) Tj ET Q q 0 0 0 rg BT 415.27 129.80 Td (principal ) Tj ET Q q 0 0 0 rg BT 447.29 129.80 Td (is ) Tj ET Q q 0 0 0 rg BT 455.29 129.80 Td (repaid.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 118.02 Td (20 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 114.20 Td (The ) Tj ET Q q 0 0 0 rg BT 83.67 114.20 Td (FX-neutral ) Tj ET Q q 0 0 0 rg BT 123.41 114.20 Td (change ) Tj ET Q q 0 0 0 rg BT 152.05 114.20 Td (represents ) Tj ET Q q 0 0 0 rg BT 192.23 114.20 Td (the ) Tj ET Q q 0 0 0 rg BT 205.75 114.20 Td (percentage ) Tj ET Q q 0 0 0 rg BT 248.17 114.20 Td (change ) Tj ET Q q 0 0 0 rg BT 276.80 114.20 Td (on ) Tj ET Q q 0 0 0 rg BT 288.09 114.20 Td (a ) Tj ET Q q 0 0 0 rg BT 294.93 114.20 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 349.33 114.20 Td (basis ) Tj ET Q q 0 0 0 rg BT 370.40 114.20 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 403.04 114.20 Td (for ) Tj ET Q q 0 0 0 rg BT 414.76 114.20 Td (FX ) Tj ET Q q 0 0 0 rg BT 427.37 114.20 Td (impacts ) Tj ET Q q 0 0 0 rg BT 457.33 114.20 Td (and ) Tj ET Q q 0 0 0 rg BT 473.06 114.20 Td (is ) Tj ET Q q 0 0 0 rg BT 481.23 114.20 Td (calculated ) Tj ET Q q 0 0 0 rg BT 519.64 114.20 Td (by ) Tj ET Q q 0 0 0 rg BT 530.48 114.20 Td (adjusting ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 104.60 Td (the ) Tj ET Q q 0 0 0 rg BT 80.84 104.60 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 117.30 104.60 Td (figures ) Tj ET Q q 0 0 0 rg BT 143.53 104.60 Td (to ) Tj ET Q q 0 0 0 rg BT 152.43 104.60 Td (reflect ) Tj ET Q q 0 0 0 rg BT 176.43 104.60 Td (translation ) Tj ET Q q 0 0 0 rg BT 215.57 104.60 Td (at ) Tj ET Q q 0 0 0 rg BT 224.46 104.60 Td (the ) Tj ET Q q 0 0 0 rg BT 237.80 104.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 264.49 104.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 297.39 104.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 317.39 104.60 Td (used ) Tj ET Q q 0 0 0 rg BT 336.96 104.60 Td (to ) Tj ET Q q 0 0 0 rg BT 345.86 104.60 Td (translate ) Tj ET Q q 0 0 0 rg BT 378.77 104.60 Td (the ) Tj ET Q q 0 0 0 rg BT 392.11 104.60 Td (current ) Tj ET Q q 0 0 0 rg BT 419.23 104.60 Td (year ) Tj ET Q q 0 0 0 rg BT 437.02 104.60 Td (amounts.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 92.82 Td (21 ) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 56.73 92.82 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 89.00 Td (In ) Tj ET Q q 0 0 0 rg BT 76.72 89.00 Td (November ) Tj ET Q q 0 0 0 rg BT 116.17 89.00 Td (2014, ) Tj ET Q q 0 0 0 rg BT 138.74 89.00 Td (V) Tj ET Q q 0 0 0 rg BT 143.94 89.00 Td (irgin ) Tj ET Q q 0 0 0 rg BT 161.60 89.00 Td (Media ) Tj ET Q q 0 0 0 rg BT 185.94 89.00 Td (introduced ) Tj ET Q q 0 0 0 rg BT 225.85 89.00 Td (a ) Tj ET Q q 0 0 0 rg BT 232.85 89.00 Td (new ) Tj ET Q q 0 0 0 rg BT 250.08 89.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 276.19 89.00 Td (program ) Tj ET Q q 0 0 0 rg BT 308.53 89.00 Td (in ) Tj ET Q q 0 0 0 rg BT 317.31 89.00 Td (the ) Tj ET Q q 0 0 0 rg BT 330.98 89.00 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 349.09 89.00 Td (whereby ) Tj ET Q q 0 0 0 rg BT 381.88 89.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 421.33 89.00 Td (can ) Tj ET Q q 0 0 0 rg BT 436.78 89.00 Td (elect ) Tj ET Q q 0 0 0 rg BT 456.23 89.00 Td (to ) Tj ET Q q 0 0 0 rg BT 465.45 89.00 Td (purchase ) Tj ET Q q 0 0 0 rg BT 500.91 89.00 Td (a ) Tj ET Q q 0 0 0 rg BT 507.91 89.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 534.02 89.00 Td (handset ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 79.40 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 100.26 79.40 Td (to ) Tj ET Q q 0 0 0 rg BT 108.55 79.40 Td (a ) Tj ET Q q 0 0 0 rg BT 114.63 79.40 Td (contract ) Tj ET Q q 0 0 0 rg BT 144.71 79.40 Td (that ) Tj ET Q q 0 0 0 rg BT 159.68 79.40 Td (is ) Tj ET Q q 0 0 0 rg BT 167.08 79.40 Td (independent ) Tj ET Q q 0 0 0 rg BT 212.75 79.40 Td (of ) Tj ET Q q 0 0 0 rg BT 221.04 79.40 Td (a ) Tj ET Q q 0 0 0 rg BT 227.12 79.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 252.31 79.40 Td (airtime ) Tj ET Q q 0 0 0 rg BT 277.94 79.40 Td (services ) Tj ET Q q 0 0 0 rg BT 308.90 79.40 Td (contract ) Tj ET Q q 0 0 0 rg BT 338.98 79.40 Td (\(the ) Tj ET Q q 0 0 0 rg BT 354.39 79.40 Td ("Freestyle" ) Tj ET Q q 0 0 0 rg BT 394.59 79.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 419.79 79.40 Td (proposition\). ) Tj ET Q q 0 0 0 rg BT 465.43 79.40 Td (Under ) Tj ET Q q 0 0 0 rg BT 488.85 79.40 Td (Freestyle ) Tj ET Q q 0 0 0 rg BT 523.37 79.40 Td (contractual ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 69.80 Td (arrangements, ) Tj ET Q q 0 0 0 rg BT 121.33 69.80 Td (we ) Tj ET Q q 0 0 0 rg BT 133.80 69.80 Td (generally ) Tj ET Q q 0 0 0 rg BT 168.52 69.80 Td (recognize ) Tj ET Q q 0 0 0 rg BT 205.45 69.80 Td (the ) Tj ET Q q 0 0 0 rg BT 218.82 69.80 Td (full ) Tj ET Q q 0 0 0 rg BT 231.29 69.80 Td (sales ) Tj ET Q q 0 0 0 rg BT 252.22 69.80 Td (price ) Tj ET Q q 0 0 0 rg BT 271.80 69.80 Td (for ) Tj ET Q q 0 0 0 rg BT 283.39 69.80 Td (the ) Tj ET Q q 0 0 0 rg BT 296.76 69.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 322.57 69.80 Td (handset ) Tj ET Q q 0 0 0 rg BT 353.29 69.80 Td (upon ) Tj ET Q q 0 0 0 rg BT 373.33 69.80 Td (delivery ) Tj ET Q q 0 0 0 rg BT 403.15 69.80 Td (as ) Tj ET Q q 0 0 0 rg BT 413.84 69.80 Td (a ) Tj ET Q q 0 0 0 rg BT 420.54 69.80 Td (component ) Tj ET Q q 0 0 0 rg BT 462.37 69.80 Td (of ) Tj ET Q q 0 0 0 rg BT 471.29 69.80 Td (other ) Tj ET Q q 0 0 0 rg BT 491.77 69.80 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 525.15 69.80 Td (regardless ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 60.20 Td (of ) Tj ET Q q 0 0 0 rg BT 79.73 60.20 Td (whether ) Tj ET Q q 0 0 0 rg BT 113.76 60.20 Td (the ) Tj ET Q q 0 0 0 rg BT 130.44 60.20 Td (sales ) Tj ET Q q 0 0 0 rg BT 154.68 60.20 Td (price ) Tj ET Q q 0 0 0 rg BT 177.58 60.20 Td (is ) Tj ET Q q 0 0 0 rg BT 188.92 60.20 Td (received ) Tj ET Q q 0 0 0 rg BT 224.73 60.20 Td (upfront ) Tj ET Q q 0 0 0 rg BT 255.20 60.20 Td (or ) Tj ET Q q 0 0 0 rg BT 267.87 60.20 Td (in ) Tj ET Q q 0 0 0 rg BT 279.66 60.20 Td (installments. ) Tj ET Q q 0 0 0 rg BT 329.69 60.20 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 367.27 60.20 Td (associated ) Tj ET Q q 0 0 0 rg BT 411.08 60.20 Td (with ) Tj ET Q q 0 0 0 rg BT 430.87 60.20 Td (the ) Tj ET Q q 0 0 0 rg BT 447.55 60.20 Td (airtime ) Tj ET Q q 0 0 0 rg BT 477.12 60.20 Td (services ) Tj ET Q q 0 0 0 rg BT 512.02 60.20 Td (is ) Tj ET Q q 0 0 0 rg BT 523.36 60.20 Td (recognized ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 50.60 Td (asmobilesubscription ) Tj ET Q q 0 0 0 rg BT 148.10 50.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 178.46 50.60 Td (over ) Tj ET Q q 0 0 0 rg BT 195.48 50.60 Td (the ) Tj ET Q q 0 0 0 rg BT 208.05 50.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 248.64 50.60 Td (termof ) Tj ET Q q 0 0 0 rg BT 274.98 50.60 Td (theairtime ) Tj ET Q q 0 0 0 rg BT 313.78 50.60 Td (services ) Tj ET Q q 0 0 0 rg BT 344.57 50.60 Td (contract.Prior ) Tj ET Q q 0 0 0 rg BT 395.82 50.60 Td (to ) Tj ET Q q 0 0 0 rg BT 403.94 50.60 Td (the ) Tj ET Q q 0 0 0 rg BT 416.52 50.60 Td (launch ) Tj ET Q q 0 0 0 rg BT 441.54 50.60 Td (of ) Tj ET Q q 0 0 0 rg BT 449.67 50.60 Td (Freestyle ) Tj ET Q q 0 0 0 rg BT 484.02 50.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 517.93 50.60 Td (in ) Tj ET Q q 0 0 0 rg BT 525.61 50.60 Td (November ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 41.00 Td (2014,handsets ) Tj ET Q q 0 0 0 rg BT 126.58 41.00 Td (were ) Tj ET Q q 0 0 0 rg BT 148.28 41.00 Td (generallyprovided ) Tj ET Q q 0 0 0 rg BT 218.02 41.00 Td (to ) Tj ET Q q 0 0 0 rg BT 229.05 41.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 270.32 41.00 Td (on ) Tj ET Q q 0 0 0 rg BT 283.58 41.00 Td (a ) Tj ET Q q 0 0 0 rg BT 292.39 41.00 Td (subsidized ) Tj ET Q q 0 0 0 rg BT 334.56 41.00 Td (basis. ) Tj ET Q q 0 0 0 rg BT 358.95 41.00 Td (As ) Tj ET Q q 0 0 0 rg BT 372.65 41.00 Td (a ) Tj ET Q q 0 0 0 rg BT 381.47 41.00 Td (result, ) Tj ET Q q 0 0 0 rg BT 407.62 41.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 440.89 41.00 Td (associated ) Tj ET Q q 0 0 0 rg BT 483.50 41.00 Td (with ) Tj ET Q q 0 0 0 rg BT 502.09 41.00 Td (the ) Tj ET Q q 0 0 0 rg BT 517.58 41.00 Td (handsetwas ) Tj ET Q /GS0 gs q 75.80 0 0 47.00 486.15 732.50 cm /I84 Do Q endstream endobj 81 0 obj <> endobj 82 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (40) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 714.20 Td (onlyrecognized ) Tj ET Q q 0 0 0 rg BT 125.55 714.20 Td (upfront ) Tj ET Q q 0 0 0 rg BT 152.47 714.20 Td (to ) Tj ET Q q 0 0 0 rg BT 161.15 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 174.28 714.20 Td (extent ) Tj ET Q q 0 0 0 rg BT 198.09 714.20 Td (of ) Tj ET Q q 0 0 0 rg BT 206.77 714.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 225.68 714.20 Td (collected ) Tj ET Q q 0 0 0 rg BT 259.27 714.20 Td (at ) Tj ET Q q 0 0 0 rg BT 267.95 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 281.09 714.20 Td (time ) Tj ET Q q 0 0 0 rg BT 298.21 714.20 Td (of ) Tj ET Q q 0 0 0 rg BT 306.90 714.20 Td (sale, ) Tj ET Q q 0 0 0 rg BT 325.81 714.20 Td (and ) Tj ET Q q 0 0 0 rg BT 341.17 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 354.30 714.20 Td (monthly ) Tj ET Q q 0 0 0 rg BT 384.32 714.20 Td (amounts ) Tj ET Q q 0 0 0 rg BT 417.02 714.20 Td (collected ) Tj ET Q q 0 0 0 rg BT 450.61 714.20 Td (for ) Tj ET Q q 0 0 0 rg BT 461.95 714.20 Td (both ) Tj ET Q q 0 0 0 rg BT 479.54 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 492.67 714.20 Td (handset ) Tj ET Q q 0 0 0 rg BT 523.15 714.20 Td (and ) Tj ET Q q 0 0 0 rg BT 538.51 714.20 Td (airtime ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 704.60 Td (were ) Tj ET Q q 0 0 0 rg BT 87.67 704.60 Td (included ) Tj ET Q q 0 0 0 rg BT 120.30 704.60 Td (inmobile ) Tj ET Q q 0 0 0 rg BT 155.14 704.60 Td (subscriptionrevenue ) Tj ET Q q 0 0 0 rg BT 231.79 704.60 Td (over ) Tj ET Q q 0 0 0 rg BT 250.18 704.60 Td (the ) Tj ET Q q 0 0 0 rg BT 264.13 704.60 Td (term ) Tj ET Q q 0 0 0 rg BT 282.96 704.60 Td (of ) Tj ET Q q 0 0 0 rg BT 292.46 704.60 Td (the ) Tj ET Q q 0 0 0 rg BT 306.42 704.60 Td (contract. ) Tj ET Q q 0 0 0 rg BT 339.92 704.60 Td (Handset ) Tj ET Q q 0 0 0 rg BT 372.55 704.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 394.05 704.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 435.13 704.60 Td (with ) Tj ET Q q 0 0 0 rg BT 452.18 704.60 Td (Freestyle ) Tj ET Q q 0 0 0 rg BT 487.91 704.60 Td (handset ) Tj ET Q q 0 0 0 rg BT 519.21 704.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 550.95 704.60 Td (are ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 695.00 Td (expensed ) Tj ET Q q 0 0 0 rg BT 104.42 695.00 Td (at ) Tj ET Q q 0 0 0 rg BT 113.31 695.00 Td (the ) Tj ET Q q 0 0 0 rg BT 126.66 695.00 Td (point ) Tj ET Q q 0 0 0 rg BT 146.23 695.00 Td (of ) Tj ET Q q 0 0 0 rg BT 155.12 695.00 Td (sale.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 683.22 Td (22) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 679.40 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 679.40 Td (Business-to-business ) Tj ET Q q 0 0 0 rg BT 145.75 679.40 Td (\("B2B"\) ) Tj ET Q q 0 0 0 rg BT 174.09 679.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 205.22 679.40 Td (includes ) Tj ET Q q 0 0 0 rg BT 236.78 679.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 267.91 679.40 Td (from ) Tj ET Q q 0 0 0 rg BT 286.12 679.40 Td (business ) Tj ET Q q 0 0 0 rg BT 319.91 679.40 Td (broadband ) Tj ET Q q 0 0 0 rg BT 360.38 679.40 Td (internet, ) Tj ET Q q 0 0 0 rg BT 391.50 679.40 Td (video, ) Tj ET Q q 0 0 0 rg BT 415.06 679.40 Td (voice, ) Tj ET Q q 0 0 0 rg BT 438.17 679.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 463.95 679.40 Td (and ) Tj ET Q q 0 0 0 rg BT 479.51 679.40 Td (data ) Tj ET Q q 0 0 0 rg BT 497.30 679.40 Td (services ) Tj ET Q q 0 0 0 rg BT 528.85 679.40 Td (of) Tj ET Q q 0 0 0 rg BT 535.38 679.40 Td (fered ) Tj ET Q q 0 0 0 rg BT 555.83 679.40 Td (to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 669.80 Td (medium ) Tj ET Q q 0 0 0 rg BT 97.87 669.80 Td (to ) Tj ET Q q 0 0 0 rg BT 106.46 669.80 Td (large ) Tj ET Q q 0 0 0 rg BT 126.16 669.80 Td (enterprises ) Tj ET Q q 0 0 0 rg BT 167.65 669.80 Td (and, ) Tj ET Q q 0 0 0 rg BT 185.14 669.80 Td (on ) Tj ET Q q 0 0 0 rg BT 195.95 669.80 Td (a ) Tj ET Q q 0 0 0 rg BT 202.31 669.80 Td (wholesale ) Tj ET Q q 0 0 0 rg BT 239.81 669.80 Td (basis, ) Tj ET Q q 0 0 0 rg BT 262.62 669.80 Td (to ) Tj ET Q q 0 0 0 rg BT 271.21 669.80 Td (other ) Tj ET Q q 0 0 0 rg BT 291.36 669.80 Td (operators. ) Tj ET Q q 0 0 0 rg BT 329.29 669.80 Td (B2B ) Tj ET Q q 0 0 0 rg BT 346.33 669.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 377.16 669.80 Td (for ) Tj ET Q q 0 0 0 rg BT 388.41 669.80 Td (V) Tj ET Q q 0 0 0 rg BT 393.60 669.80 Td (irgin ) Tj ET Q q 0 0 0 rg BT 410.63 669.80 Td (Media ) Tj ET Q q 0 0 0 rg BT 434.34 669.80 Td (includes ) Tj ET Q q 0 0 0 rg BT 465.60 669.80 Td (the ) Tj ET Q q 0 0 0 rg BT 478.64 669.80 Td (amortization ) Tj ET Q q 0 0 0 rg BT 524.13 669.80 Td (of ) Tj ET Q q 0 0 0 rg BT 532.72 669.80 Td (deferred ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 660.20 Td (upfront ) Tj ET Q q 0 0 0 rg BT 94.73 660.20 Td (installation ) Tj ET Q q 0 0 0 rg BT 134.86 660.20 Td (fees ) Tj ET Q q 0 0 0 rg BT 152.30 660.20 Td (and ) Tj ET Q q 0 0 0 rg BT 167.97 660.20 Td (deferred ) Tj ET Q q 0 0 0 rg BT 200.10 660.20 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 247.33 660.20 Td (fees ) Tj ET Q q 0 0 0 rg BT 264.78 660.20 Td (received ) Tj ET Q q 0 0 0 rg BT 297.34 660.20 Td (on ) Tj ET Q q 0 0 0 rg BT 308.57 660.20 Td (B2B ) Tj ET Q q 0 0 0 rg BT 326.01 660.20 Td (contracts ) Tj ET Q q 0 0 0 rg BT 360.79 660.20 Td (where ) Tj ET Q q 0 0 0 rg BT 384.91 660.20 Td (we ) Tj ET Q q 0 0 0 rg BT 397.46 660.20 Td (maintain ) Tj ET Q q 0 0 0 rg BT 430.02 660.20 Td (ownership ) Tj ET Q q 0 0 0 rg BT 468.81 660.20 Td (of ) Tj ET Q q 0 0 0 rg BT 477.81 660.20 Td (the ) Tj ET Q q 0 0 0 rg BT 491.25 660.20 Td (installed ) Tj ET Q q 0 0 0 rg BT 522.93 660.20 Td (equipment. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 650.60 Td (In ) Tj ET Q q 0 0 0 rg BT 76.53 650.60 Td (connection ) Tj ET Q q 0 0 0 rg BT 117.58 650.60 Td (with ) Tj ET Q q 0 0 0 rg BT 134.16 650.60 Td (the ) Tj ET Q q 0 0 0 rg BT 147.64 650.60 Td (application ) Tj ET Q q 0 0 0 rg BT 188.24 650.60 Td (of ) Tj ET Q q 0 0 0 rg BT 197.27 650.60 Td (the ) Tj ET Q q 0 0 0 rg BT 210.75 650.60 Td (V) Tj ET Q q 0 0 0 rg BT 215.94 650.60 Td (irgin ) Tj ET Q q 0 0 0 rg BT 233.41 650.60 Td (Media ) Tj ET Q q 0 0 0 rg BT 257.56 650.60 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 297.72 650.60 Td (accounting, ) Tj ET Q q 0 0 0 rg BT 340.99 650.60 Td (we ) Tj ET Q q 0 0 0 rg BT 353.57 650.60 Td (eliminated ) Tj ET Q q 0 0 0 rg BT 392.39 650.60 Td (all ) Tj ET Q q 0 0 0 rg BT 402.75 650.60 Td (of ) Tj ET Q q 0 0 0 rg BT 411.78 650.60 Td (V) Tj ET Q q 0 0 0 rg BT 416.97 650.60 Td (irgin ) Tj ET Q q 0 0 0 rg BT 434.45 650.60 Td (Media's ) Tj ET Q q 0 0 0 rg BT 464.12 650.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 481.59 650.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 513.75 650.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 545.01 650.60 Td (as ) Tj ET Q q 0 0 0 rg BT 555.82 650.60 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 641.00 Td (the ) Tj ET Q q 0 0 0 rg BT 81.38 641.00 Td (June ) Tj ET Q q 0 0 0 rg BT 101.48 641.00 Td (7, ) Tj ET Q q 0 0 0 rg BT 110.91 641.00 Td (2013 ) Tj ET Q q 0 0 0 rg BT 131.46 641.00 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 172.02 641.00 Td (date. ) Tj ET Q q 0 0 0 rg BT 192.57 641.00 Td (Due ) Tj ET Q q 0 0 0 rg BT 210.00 641.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 242.98 641.00 Td (to ) Tj ET Q q 0 0 0 rg BT 252.41 641.00 Td (this ) Tj ET Q q 0 0 0 rg BT 267.62 641.00 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 308.18 641.00 Td (accounting, ) Tj ET Q q 0 0 0 rg BT 351.85 641.00 Td (the ) Tj ET Q q 0 0 0 rg BT 365.73 641.00 Td (amortization ) Tj ET Q q 0 0 0 rg BT 412.06 641.00 Td (of ) Tj ET Q q 0 0 0 rg BT 421.49 641.00 Td (V) Tj ET Q q 0 0 0 rg BT 426.68 641.00 Td (irgin ) Tj ET Q q 0 0 0 rg BT 444.55 641.00 Td (Media's ) Tj ET Q q 0 0 0 rg BT 474.63 641.00 Td (deferred ) Tj ET Q q 0 0 0 rg BT 507.18 641.00 Td (B2B ) Tj ET Q q 0 0 0 rg BT 525.06 641.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 556.73 641.00 Td (is ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 631.40 Td (accounting ) Tj ET Q q 0 0 0 rg BT 108.42 631.40 Td (for ) Tj ET Q q 0 0 0 rg BT 119.98 631.40 Td (3 ) Tj ET Q q 0 0 0 rg BT 131.10 631.40 Td (million ) Tj ET Q q 0 0 0 rg BT 155.99 631.40 Td (of ) Tj ET Q q 0 0 0 rg BT 164.89 631.40 Td (the ) Tj ET Q q 0 0 0 rg BT 178.23 631.40 Td (rebased ) Tj ET Q q 0 0 0 rg BT 209.36 631.40 Td (increase ) Tj ET Q q 0 0 0 rg BT 241.82 631.40 Td (to ) Tj ET Q q 0 0 0 rg BT 250.72 631.40 Td (V) Tj ET Q q 0 0 0 rg BT 255.91 631.40 Td (irgin ) Tj ET Q q 0 0 0 rg BT 273.25 631.40 Td (Media's ) Tj ET Q q 0 0 0 rg BT 302.79 631.40 Td (B2B ) Tj ET Q q 0 0 0 rg BT 320.13 631.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 351.27 631.40 Td (for ) Tj ET Q q 0 0 0 rg BT 362.82 631.40 Td (the ) Tj ET Q q 0 0 0 rg BT 376.17 631.40 Td (three ) Tj ET Q q 0 0 0 rg BT 396.63 631.40 Td (months ) Tj ET Q q 0 0 0 rg BT 425.08 631.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 449.55 631.40 Td (March ) Tj ET Q q 0 0 0 rg BT 474.00 631.40 Td (31, ) Tj ET Q q 0 0 0 rg BT 487.34 631.40 Td (2016.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 619.62 Td (23) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 615.80 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 615.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 83.78 615.80 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 135.63 615.80 Td (third-party ) Tj ET Q q 0 0 0 rg BT 174.59 615.80 Td (debt ) Tj ET Q q 0 0 0 rg BT 193.10 615.80 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 231.17 615.80 Td (cost ) Tj ET Q q 0 0 0 rg BT 248.79 615.80 Td (represents ) Tj ET Q q 0 0 0 rg BT 289.53 615.80 Td (the ) Tj ET Q q 0 0 0 rg BT 303.59 615.80 Td (weighted ) Tj ET Q q 0 0 0 rg BT 338.56 615.80 Td (average ) Tj ET Q q 0 0 0 rg BT 370.41 615.80 Td (interest ) Tj ET Q q 0 0 0 rg BT 399.58 615.80 Td (rate ) Tj ET Q q 0 0 0 rg BT 416.31 615.80 Td (on ) Tj ET Q q 0 0 0 rg BT 428.15 615.80 Td (our ) Tj ET Q q 0 0 0 rg BT 442.66 615.80 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 481.63 615.80 Td (variable ) Tj ET Q q 0 0 0 rg BT 512.59 615.80 Td (and ) Tj ET Q q 0 0 0 rg BT 528.88 615.80 Td (fixed ) Tj ET Q q 0 0 0 rg BT 548.72 615.80 Td (rate ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 606.20 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 117.22 606.20 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 155.82 606.20 Td (capital ) Tj ET Q q 0 0 0 rg BT 181.07 606.20 Td (lease ) Tj ET Q q 0 0 0 rg BT 202.33 606.20 Td (or ) Tj ET Q q 0 0 0 rg BT 211.57 606.20 Td (finance ) Tj ET Q q 0 0 0 rg BT 239.50 606.20 Td (lease ) Tj ET Q q 0 0 0 rg BT 260.76 606.20 Td (obligations\), ) Tj ET Q q 0 0 0 rg BT 306.02 606.20 Td (including ) Tj ET Q q 0 0 0 rg BT 339.73 606.20 Td (the ) Tj ET Q q 0 0 0 rg BT 352.98 606.20 Td (ef) Tj ET Q q 0 0 0 rg BT 359.51 606.20 Td (fects ) Tj ET Q q 0 0 0 rg BT 378.54 606.20 Td (of ) Tj ET Q q 0 0 0 rg BT 387.34 606.20 Td (derivative ) Tj ET Q q 0 0 0 rg BT 423.71 606.20 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 469.41 606.20 Td (original ) Tj ET Q q 0 0 0 rg BT 497.33 606.20 Td (issue ) Tj ET Q q 0 0 0 rg BT 518.14 606.20 Td (premiums ) Tj ET Q q 0 0 0 rg BT 555.38 606.20 Td (or ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 596.60 Td (discounts ) Tj ET Q q 0 0 0 rg BT 103.52 596.60 Td (and ) Tj ET Q q 0 0 0 rg BT 119.09 596.60 Td (commitment ) Tj ET Q q 0 0 0 rg BT 164.88 596.60 Td (fees, ) Tj ET Q q 0 0 0 rg BT 184.44 596.60 Td (but ) Tj ET Q q 0 0 0 rg BT 197.79 596.60 Td (excluding ) Tj ET Q q 0 0 0 rg BT 233.81 596.60 Td (the ) Tj ET Q q 0 0 0 rg BT 247.15 596.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 272.94 596.60 Td (of ) Tj ET Q q 0 0 0 rg BT 281.83 596.60 Td (financing ) Tj ET Q q 0 0 0 rg BT 316.08 596.60 Td (costs.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 584.82 Td (24) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 581.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 581.00 Td (Net ) Tj ET Q q 0 0 0 rg BT 82.08 581.00 Td (third-party ) Tj ET Q q 0 0 0 rg BT 120.23 581.00 Td (debt ) Tj ET Q q 0 0 0 rg BT 137.93 581.00 Td (including ) Tj ET Q q 0 0 0 rg BT 171.64 581.00 Td (capital ) Tj ET Q q 0 0 0 rg BT 196.90 581.00 Td (or ) Tj ET Q q 0 0 0 rg BT 206.14 581.00 Td (finance ) Tj ET Q q 0 0 0 rg BT 234.07 581.00 Td (lease ) Tj ET Q q 0 0 0 rg BT 255.33 581.00 Td (obligations ) Tj ET Q q 0 0 0 rg BT 295.71 581.00 Td (\(as ) Tj ET Q q 0 0 0 rg BT 308.96 581.00 Td (applicable\) ) Tj ET Q q 0 0 0 rg BT 349.79 581.00 Td (is ) Tj ET Q q 0 0 0 rg BT 357.70 581.00 Td (not ) Tj ET Q q 0 0 0 rg BT 370.95 581.00 Td (a ) Tj ET Q q 0 0 0 rg BT 377.53 581.00 Td (defined ) Tj ET Q q 0 0 0 rg BT 405.91 581.00 Td (term ) Tj ET Q q 0 0 0 rg BT 424.04 581.00 Td (under ) Tj ET Q q 0 0 0 rg BT 446.64 581.00 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 464.33 581.00 Td (GAAP) Tj ET Q q 0 0 0 rg BT 486.41 581.00 Td ( ) Tj ET Q q 0 0 0 rg BT 488.55 581.00 Td (or ) Tj ET Q q 0 0 0 rg BT 497.79 581.00 Td (EU-IFRS ) Tj ET Q q 0 0 0 rg BT 531.93 581.00 Td (and ) Tj ET Q q 0 0 0 rg BT 547.41 581.00 Td (may ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 571.40 Td (not ) Tj ET Q q 0 0 0 rg BT 80.84 571.40 Td (therefore ) Tj ET Q q 0 0 0 rg BT 115.09 571.40 Td (be ) Tj ET Q q 0 0 0 rg BT 126.21 571.40 Td (comparable ) Tj ET Q q 0 0 0 rg BT 170.23 571.40 Td (with ) Tj ET Q q 0 0 0 rg BT 186.68 571.40 Td (other ) Tj ET Q q 0 0 0 rg BT 207.14 571.40 Td (similarly ) Tj ET Q q 0 0 0 rg BT 238.25 571.40 Td (titled ) Tj ET Q q 0 0 0 rg BT 257.37 571.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 294.71 571.40 Td (reported ) Tj ET Q q 0 0 0 rg BT 326.73 571.40 Td (by ) Tj ET Q q 0 0 0 rg BT 337.41 571.40 Td (other ) Tj ET Q q 0 0 0 rg BT 357.86 571.40 Td (companies.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 559.62 Td (25) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 555.80 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 555.80 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 101.50 555.80 Td (Segment ) Tj ET Q q 0 0 0 rg BT 136.39 555.80 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 164.85 555.80 Td ( ) Tj ET Q q 0 0 0 rg BT 167.72 555.80 Td (is ) Tj ET Q q 0 0 0 rg BT 176.37 555.80 Td (the ) Tj ET Q q 0 0 0 rg BT 190.36 555.80 Td (primary ) Tj ET Q q 0 0 0 rg BT 219.90 555.80 Td (measure ) Tj ET Q q 0 0 0 rg BT 253.89 555.80 Td (used ) Tj ET Q q 0 0 0 rg BT 274.11 555.80 Td (by ) Tj ET Q q 0 0 0 rg BT 285.43 555.80 Td (our ) Tj ET Q q 0 0 0 rg BT 299.86 555.80 Td (management ) Tj ET Q q 0 0 0 rg BT 349.43 555.80 Td (to ) Tj ET Q q 0 0 0 rg BT 358.97 555.80 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 392.09 555.80 Td (the ) Tj ET Q q 0 0 0 rg BT 406.08 555.80 Td (company) Tj ET Q q 0 0 0 rg BT 440.17 555.80 Td (s ) Tj ET Q q 0 0 0 rg BT 447.04 555.80 Td (performance. ) Tj ET Q q 0 0 0 rg BT 496.48 555.80 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 530.48 555.80 Td (Segment ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 546.20 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 95.95 546.20 Td ( ) Tj ET Q q 0 0 0 rg BT 98.67 546.20 Td (is ) Tj ET Q q 0 0 0 rg BT 107.16 546.20 Td (also ) Tj ET Q q 0 0 0 rg BT 124.55 546.20 Td (a ) Tj ET Q q 0 0 0 rg BT 131.72 546.20 Td (key ) Tj ET Q q 0 0 0 rg BT 146.88 546.20 Td (factor ) Tj ET Q q 0 0 0 rg BT 169.60 546.20 Td (that ) Tj ET Q q 0 0 0 rg BT 185.66 546.20 Td (is ) Tj ET Q q 0 0 0 rg BT 194.16 546.20 Td (used ) Tj ET Q q 0 0 0 rg BT 214.22 546.20 Td (by ) Tj ET Q q 0 0 0 rg BT 225.38 546.20 Td (our ) Tj ET Q q 0 0 0 rg BT 239.66 546.20 Td (internal ) Tj ET Q q 0 0 0 rg BT 268.62 546.20 Td (decision ) Tj ET Q q 0 0 0 rg BT 300.68 546.20 Td (makers ) Tj ET Q q 0 0 0 rg BT 329.62 546.20 Td (to ) Tj ET Q q 0 0 0 rg BT 339.01 546.20 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 371.97 546.20 Td (the ) Tj ET Q q 0 0 0 rg BT 385.81 546.20 Td (ef) Tj ET Q q 0 0 0 rg BT 392.34 546.20 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 435.07 546.20 Td (of ) Tj ET Q q 0 0 0 rg BT 444.46 546.20 Td (our ) Tj ET Q q 0 0 0 rg BT 458.74 546.20 Td (management ) Tj ET Q q 0 0 0 rg BT 508.15 546.20 Td (for ) Tj ET Q q 0 0 0 rg BT 520.20 546.20 Td (purposes ) Tj ET Q q 0 0 0 rg BT 555.82 546.20 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 536.60 Td (annual ) Tj ET Q q 0 0 0 rg BT 93.83 536.60 Td (and ) Tj ET Q q 0 0 0 rg BT 109.48 536.60 Td (other ) Tj ET Q q 0 0 0 rg BT 130.02 536.60 Td (incentive ) Tj ET Q q 0 0 0 rg BT 163.90 536.60 Td (compensation ) Tj ET Q q 0 0 0 rg BT 216.02 536.60 Td (plans. ) Tj ET Q q 0 0 0 rg BT 239.67 536.60 Td (W) Tj ET Q q 0 0 0 rg BT 247.08 536.60 Td (e ) Tj ET Q q 0 0 0 rg BT 253.83 536.60 Td (define ) Tj ET Q q 0 0 0 rg BT 277.94 536.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 306.39 536.60 Td ( ) Tj ET Q q 0 0 0 rg BT 308.70 536.60 Td (as ) Tj ET Q q 0 0 0 rg BT 319.45 536.60 Td (earnings ) Tj ET Q q 0 0 0 rg BT 352.45 536.60 Td (before ) Tj ET Q q 0 0 0 rg BT 377.44 536.60 Td (net ) Tj ET Q q 0 0 0 rg BT 390.86 536.60 Td (finance ) Tj ET Q q 0 0 0 rg BT 418.97 536.60 Td (expense, ) Tj ET Q q 0 0 0 rg BT 453.74 536.60 Td (income ) Tj ET Q q 0 0 0 rg BT 481.84 536.60 Td (taxes ) Tj ET Q q 0 0 0 rg BT 503.26 536.60 Td (and ) Tj ET Q q 0 0 0 rg BT 518.92 536.60 Td (depreciation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 527.00 Td (and ) Tj ET Q q 0 0 0 rg BT 84.01 527.00 Td (amortization. ) Tj ET Q q 0 0 0 rg BT 132.35 527.00 Td (As ) Tj ET Q q 0 0 0 rg BT 144.85 527.00 Td (we ) Tj ET Q q 0 0 0 rg BT 158.24 527.00 Td (use ) Tj ET Q q 0 0 0 rg BT 174.30 527.00 Td (the ) Tj ET Q q 0 0 0 rg BT 188.59 527.00 Td (term, ) Tj ET Q q 0 0 0 rg BT 209.34 527.00 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 243.64 527.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 278.83 527.00 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 307.28 527.00 Td ( ) Tj ET Q q 0 0 0 rg BT 310.44 527.00 Td (is ) Tj ET Q q 0 0 0 rg BT 319.39 527.00 Td (defined ) Tj ET Q q 0 0 0 rg BT 348.80 527.00 Td (as ) Tj ET Q q 0 0 0 rg BT 360.41 527.00 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 388.86 527.00 Td ( ) Tj ET Q q 0 0 0 rg BT 392.03 527.00 Td (before ) Tj ET Q q 0 0 0 rg BT 417.88 527.00 Td (share-based ) Tj ET Q q 0 0 0 rg BT 465.51 527.00 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 520.71 527.00 Td (impairment, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 517.40 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 115.10 517.40 Td (and ) Tj ET Q q 0 0 0 rg BT 131.59 517.40 Td (other ) Tj ET Q q 0 0 0 rg BT 152.96 517.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 189.46 517.40 Td (items ) Tj ET Q q 0 0 0 rg BT 211.71 517.40 Td (and ) Tj ET Q q 0 0 0 rg BT 228.20 517.40 Td (related-party ) Tj ET Q q 0 0 0 rg BT 276.24 517.40 Td (fees ) Tj ET Q q 0 0 0 rg BT 294.50 517.40 Td (and ) Tj ET Q q 0 0 0 rg BT 310.99 517.40 Td (allocations. ) Tj ET Q q 0 0 0 rg BT 354.15 517.40 Td (Other ) Tj ET Q q 0 0 0 rg BT 377.30 517.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 413.80 517.40 Td (items ) Tj ET Q q 0 0 0 rg BT 436.05 517.40 Td (include ) Tj ET Q q 0 0 0 rg BT 464.54 517.40 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 474.78 517.40 Td (gains ) Tj ET Q q 0 0 0 rg BT 497.05 517.40 Td (and ) Tj ET Q q 0 0 0 rg BT 513.53 517.40 Td (losses ) Tj ET Q q 0 0 0 rg BT 539.35 517.40 Td (on ) Tj ET Q q 0 0 0 rg BT 551.38 517.40 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 507.80 Td (disposition ) Tj ET Q q 0 0 0 rg BT 106.67 507.80 Td (of ) Tj ET Q q 0 0 0 rg BT 114.71 507.80 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 150.32 507.80 Td (assets, ) Tj ET Q q 0 0 0 rg BT 177.03 507.80 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 187.28 507.80 Td (third-party ) Tj ET Q q 0 0 0 rg BT 224.66 507.80 Td (costs ) Tj ET Q q 0 0 0 rg BT 244.70 507.80 Td (directly ) Tj ET Q q 0 0 0 rg BT 271.41 507.80 Td (associated ) Tj ET Q q 0 0 0 rg BT 311.02 507.80 Td (with ) Tj ET Q q 0 0 0 rg BT 326.61 507.80 Td (successful ) Tj ET Q q 0 0 0 rg BT 365.33 507.80 Td (and ) Tj ET Q q 0 0 0 rg BT 380.04 507.80 Td (unsuccessful ) Tj ET Q q 0 0 0 rg BT 427.66 507.80 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 470.83 507.80 Td (and ) Tj ET Q q 0 0 0 rg BT 485.54 507.80 Td (dispositions, ) Tj ET Q q 0 0 0 rg BT 530.93 507.80 Td (including ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 498.20 Td (legal, ) Tj ET Q q 0 0 0 rg BT 89.06 498.20 Td (advisory ) Tj ET Q q 0 0 0 rg BT 121.29 498.20 Td (and ) Tj ET Q q 0 0 0 rg BT 137.07 498.20 Td (due ) Tj ET Q q 0 0 0 rg BT 152.86 498.20 Td (diligence ) Tj ET Q q 0 0 0 rg BT 186.88 498.20 Td (fees, ) Tj ET Q q 0 0 0 rg BT 206.66 498.20 Td (as ) Tj ET Q q 0 0 0 rg BT 217.54 498.20 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 258.23 498.20 Td (and ) Tj ET Q q 0 0 0 rg BT 274.02 498.20 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 287.11 498.20 Td (other ) Tj ET Q q 0 0 0 rg BT 307.79 498.20 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 375.15 498.20 Td (items, ) Tj ET Q q 0 0 0 rg BT 398.92 498.20 Td (such ) Tj ET Q q 0 0 0 rg BT 418.26 498.20 Td (as ) Tj ET Q q 0 0 0 rg BT 429.14 498.20 Td (gains ) Tj ET Q q 0 0 0 rg BT 450.71 498.20 Td (and ) Tj ET Q q 0 0 0 rg BT 466.49 498.20 Td (losses ) Tj ET Q q 0 0 0 rg BT 491.61 498.20 Td (on ) Tj ET Q q 0 0 0 rg BT 502.94 498.20 Td (the ) Tj ET Q q 0 0 0 rg BT 516.50 498.20 Td (settlement ) Tj ET Q q 0 0 0 rg BT 555.84 498.20 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 488.60 Td (contingent ) Tj ET Q q 0 0 0 rg BT 106.29 488.60 Td (consideration. ) Tj ET Q q 0 0 0 rg BT 157.61 488.60 Td (As ) Tj ET Q q 0 0 0 rg BT 168.82 488.60 Td (further ) Tj ET Q q 0 0 0 rg BT 193.82 488.60 Td (described ) Tj ET Q q 0 0 0 rg BT 230.38 488.60 Td (above, ) Tj ET Q q 0 0 0 rg BT 256.28 488.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 282.17 488.60 Td (related-party ) Tj ET Q q 0 0 0 rg BT 328.95 488.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 345.95 488.60 Td (and ) Tj ET Q q 0 0 0 rg BT 361.17 488.60 Td (allocations ) Tj ET Q q 0 0 0 rg BT 400.85 488.60 Td (are ) Tj ET Q q 0 0 0 rg BT 414.29 488.60 Td (included ) Tj ET Q q 0 0 0 rg BT 445.97 488.60 Td (in ) Tj ET Q q 0 0 0 rg BT 454.07 488.60 Td (the ) Tj ET Q q 0 0 0 rg BT 467.07 488.60 Td (calculation ) Tj ET Q q 0 0 0 rg BT 506.74 488.60 Td (of ) Tj ET Q q 0 0 0 rg BT 515.29 488.60 Td (the ) Tj ET Q q 0 0 0 rg BT 528.29 488.60 Td (EBITDA ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 479.00 Td (metric ) Tj ET Q q 0 0 0 rg BT 91.70 479.00 Td (specified ) Tj ET Q q 0 0 0 rg BT 125.69 479.00 Td (by ) Tj ET Q q 0 0 0 rg BT 136.56 479.00 Td (the ) Tj ET Q q 0 0 0 rg BT 150.11 479.00 Td (applicable ) Tj ET Q q 0 0 0 rg BT 188.56 479.00 Td (debt ) Tj ET Q q 0 0 0 rg BT 206.55 479.00 Td (agreements ) Tj ET Q q 0 0 0 rg BT 251.22 479.00 Td (of ) Tj ET Q q 0 0 0 rg BT 260.31 479.00 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 286.74 479.00 Td (Global) Tj ET Q q 0 0 0 rg BT 311.50 479.00 Td (s ) Tj ET Q q 0 0 0 rg BT 317.92 479.00 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 364.81 479.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 380.56 479.00 Td (internal ) Tj ET Q q 0 0 0 rg BT 409.22 479.00 Td (decision ) Tj ET Q q 0 0 0 rg BT 441.00 479.00 Td (makers ) Tj ET Q q 0 0 0 rg BT 469.65 479.00 Td (believe ) Tj ET Q q 0 0 0 rg BT 496.94 479.00 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 530.49 479.00 Td (Segment ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 469.40 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 95.95 469.40 Td ( ) Tj ET Q q 0 0 0 rg BT 97.46 469.40 Td (is ) Tj ET Q q 0 0 0 rg BT 104.75 469.40 Td (a ) Tj ET Q q 0 0 0 rg BT 110.70 469.40 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 151.35 469.40 Td (measure ) Tj ET Q q 0 0 0 rg BT 183.98 469.40 Td (and ) Tj ET Q q 0 0 0 rg BT 198.83 469.40 Td (is ) Tj ET Q q 0 0 0 rg BT 206.12 469.40 Td (superior ) Tj ET Q q 0 0 0 rg BT 236.53 469.40 Td (to ) Tj ET Q q 0 0 0 rg BT 244.71 469.40 Td (other ) Tj ET Q q 0 0 0 rg BT 264.45 469.40 Td (available ) Tj ET Q q 0 0 0 rg BT 297.53 469.40 Td (EU-IFRS ) Tj ET Q q 0 0 0 rg BT 331.04 469.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 367.67 469.40 Td (because ) Tj ET Q q 0 0 0 rg BT 399.43 469.40 Td (it ) Tj ET Q q 0 0 0 rg BT 404.93 469.40 Td (represents ) Tj ET Q q 0 0 0 rg BT 444.24 469.40 Td (a ) Tj ET Q q 0 0 0 rg BT 450.19 469.40 Td (transparent ) Tj ET Q q 0 0 0 rg BT 492.17 469.40 Td (view ) Tj ET Q q 0 0 0 rg BT 509.68 469.40 Td (of ) Tj ET Q q 0 0 0 rg BT 517.86 469.40 Td (our ) Tj ET Q q 0 0 0 rg BT 530.93 469.40 Td (recurring ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 459.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 102.37 459.80 Td (performance ) Tj ET Q q 0 0 0 rg BT 148.78 459.80 Td (that ) Tj ET Q q 0 0 0 rg BT 163.64 459.80 Td (is ) Tj ET Q q 0 0 0 rg BT 170.92 459.80 Td (unaf) Tj ET Q q 0 0 0 rg BT 186.35 459.80 Td (fected ) Tj ET Q q 0 0 0 rg BT 209.65 459.80 Td (by ) Tj ET Q q 0 0 0 rg BT 219.60 459.80 Td (our ) Tj ET Q q 0 0 0 rg BT 232.67 459.80 Td (capital ) Tj ET Q q 0 0 0 rg BT 257.30 459.80 Td (structure ) Tj ET Q q 0 0 0 rg BT 289.93 459.80 Td (and ) Tj ET Q q 0 0 0 rg BT 304.79 459.80 Td (allows ) Tj ET Q q 0 0 0 rg BT 328.53 459.80 Td (management ) Tj ET Q q 0 0 0 rg BT 376.73 459.80 Td (to ) Tj ET Q q 0 0 0 rg BT 384.91 459.80 Td (readily ) Tj ET Q q 0 0 0 rg BT 409.98 459.80 Td (view ) Tj ET Q q 0 0 0 rg BT 427.49 459.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 462.36 459.80 Td (trends ) Tj ET Q q 0 0 0 rg BT 486.10 459.80 Td (and ) Tj ET Q q 0 0 0 rg BT 500.96 459.80 Td (identify ) Tj ET Q q 0 0 0 rg BT 527.81 459.80 Td (strategies ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 450.20 Td (to ) Tj ET Q q 0 0 0 rg BT 76.56 450.20 Td (improve ) Tj ET Q q 0 0 0 rg BT 107.39 450.20 Td (operating ) Tj ET Q q 0 0 0 rg BT 143.13 450.20 Td (performance. ) Tj ET Q q 0 0 0 rg BT 192.65 450.20 Td (W) Tj ET Q q 0 0 0 rg BT 200.06 450.20 Td (e ) Tj ET Q q 0 0 0 rg BT 206.89 450.20 Td (believe ) Tj ET Q q 0 0 0 rg BT 234.62 450.20 Td (our ) Tj ET Q q 0 0 0 rg BT 248.10 450.20 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 281.61 450.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 316.02 450.20 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 344.47 450.20 Td ( ) Tj ET Q q 0 0 0 rg BT 346.85 450.20 Td (measure ) Tj ET Q q 0 0 0 rg BT 380.36 450.20 Td (is ) Tj ET Q q 0 0 0 rg BT 388.52 450.20 Td (useful ) Tj ET Q q 0 0 0 rg BT 412.25 450.20 Td (to ) Tj ET Q q 0 0 0 rg BT 421.31 450.20 Td (investors ) Tj ET Q q 0 0 0 rg BT 455.70 450.20 Td (because ) Tj ET Q q 0 0 0 rg BT 488.33 450.20 Td (it ) Tj ET Q q 0 0 0 rg BT 494.71 450.20 Td (is ) Tj ET Q q 0 0 0 rg BT 502.88 450.20 Td (one ) Tj ET Q q 0 0 0 rg BT 518.61 450.20 Td (of ) Tj ET Q q 0 0 0 rg BT 527.66 450.20 Td (the ) Tj ET Q q 0 0 0 rg BT 541.17 450.20 Td (bases ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 440.60 Td (for ) Tj ET Q q 0 0 0 rg BT 79.02 440.60 Td (comparing ) Tj ET Q q 0 0 0 rg BT 118.56 440.60 Td (our ) Tj ET Q q 0 0 0 rg BT 132.30 440.60 Td (performance ) Tj ET Q q 0 0 0 rg BT 179.40 440.60 Td (with ) Tj ET Q q 0 0 0 rg BT 195.81 440.60 Td (the ) Tj ET Q q 0 0 0 rg BT 209.12 440.60 Td (performance ) Tj ET Q q 0 0 0 rg BT 256.21 440.60 Td (of ) Tj ET Q q 0 0 0 rg BT 265.07 440.60 Td (other ) Tj ET Q q 0 0 0 rg BT 285.49 440.60 Td (companies ) Tj ET Q q 0 0 0 rg BT 326.36 440.60 Td (in ) Tj ET Q q 0 0 0 rg BT 334.77 440.60 Td (the ) Tj ET Q q 0 0 0 rg BT 348.07 440.60 Td (same ) Tj ET Q q 0 0 0 rg BT 369.82 440.60 Td (or ) Tj ET Q q 0 0 0 rg BT 379.12 440.60 Td (similar ) Tj ET Q q 0 0 0 rg BT 404.41 440.60 Td (industries, ) Tj ET Q q 0 0 0 rg BT 443.06 440.60 Td (although ) Tj ET Q q 0 0 0 rg BT 475.94 440.60 Td (our ) Tj ET Q q 0 0 0 rg BT 489.69 440.60 Td (measure ) Tj ET Q q 0 0 0 rg BT 523.00 440.60 Td (may ) Tj ET Q q 0 0 0 rg BT 540.29 440.60 Td (not ) Tj ET Q q 0 0 0 rg BT 553.60 440.60 Td (be ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 431.00 Td (directly ) Tj ET Q q 0 0 0 rg BT 95.23 431.00 Td (comparable ) Tj ET Q q 0 0 0 rg BT 139.42 431.00 Td (to ) Tj ET Q q 0 0 0 rg BT 148.49 431.00 Td (similar ) Tj ET Q q 0 0 0 rg BT 173.99 431.00 Td (measures ) Tj ET Q q 0 0 0 rg BT 211.51 431.00 Td (used ) Tj ET Q q 0 0 0 rg BT 231.25 431.00 Td (by ) Tj ET Q q 0 0 0 rg BT 242.09 431.00 Td (other ) Tj ET Q q 0 0 0 rg BT 262.71 431.00 Td (companies. ) Tj ET Q q 0 0 0 rg BT 305.54 431.00 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 339.07 431.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 373.48 431.00 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 401.93 431.00 Td ( ) Tj ET Q q 0 0 0 rg BT 404.32 431.00 Td (should ) Tj ET Q q 0 0 0 rg BT 430.29 431.00 Td (be ) Tj ET Q q 0 0 0 rg BT 441.58 431.00 Td (viewed ) Tj ET Q q 0 0 0 rg BT 468.88 431.00 Td (as ) Tj ET Q q 0 0 0 rg BT 479.72 431.00 Td (a ) Tj ET Q q 0 0 0 rg BT 486.56 431.00 Td (measure ) Tj ET Q q 0 0 0 rg BT 520.07 431.00 Td (of ) Tj ET Q q 0 0 0 rg BT 529.14 431.00 Td (operating ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 421.40 Td (performance ) Tj ET Q q 0 0 0 rg BT 114.52 421.40 Td (that ) Tj ET Q q 0 0 0 rg BT 129.96 421.40 Td (is ) Tj ET Q q 0 0 0 rg BT 137.85 421.40 Td (a ) Tj ET Q q 0 0 0 rg BT 144.40 421.40 Td (supplement ) Tj ET Q q 0 0 0 rg BT 187.87 421.40 Td (to, ) Tj ET Q q 0 0 0 rg BT 198.87 421.40 Td (and ) Tj ET Q q 0 0 0 rg BT 214.32 421.40 Td (not ) Tj ET Q q 0 0 0 rg BT 227.55 421.40 Td (a ) Tj ET Q q 0 0 0 rg BT 234.10 421.40 Td (substitute ) Tj ET Q q 0 0 0 rg BT 270.45 421.40 Td (for ) Tj ET Q q 0 0 0 rg BT 281.89 421.40 Td (EBIT) Tj ET Q q 0 0 0 rg BT 298.79 421.40 Td (, ) Tj ET Q q 0 0 0 rg BT 303.11 421.40 Td (net ) Tj ET Q q 0 0 0 rg BT 316.34 421.40 Td (earnings ) Tj ET Q q 0 0 0 rg BT 349.13 421.40 Td (\(loss\), ) Tj ET Q q 0 0 0 rg BT 373.02 421.40 Td (cash ) Tj ET Q q 0 0 0 rg BT 392.02 421.40 Td (flow ) Tj ET Q q 0 0 0 rg BT 408.35 421.40 Td (from ) Tj ET Q q 0 0 0 rg BT 426.46 421.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 461.92 421.40 Td (activities ) Tj ET Q q 0 0 0 rg BT 494.70 421.40 Td (and ) Tj ET Q q 0 0 0 rg BT 510.16 421.40 Td (other ) Tj ET Q q 0 0 0 rg BT 530.50 421.40 Td (EU-IFRS ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 411.80 Td (measures ) Tj ET Q q 0 0 0 rg BT 105.30 411.80 Td (of ) Tj ET Q q 0 0 0 rg BT 114.66 411.80 Td (income ) Tj ET Q q 0 0 0 rg BT 143.13 411.80 Td (or ) Tj ET Q q 0 0 0 rg BT 152.92 411.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 172.50 411.80 Td (flows. ) Tj ET Q q 0 0 0 rg BT 195.09 411.80 Td (A) Tj ET Q q 0 0 0 rg BT 199.99 411.80 Td ( ) Tj ET Q q 0 0 0 rg BT 202.67 411.80 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 252.04 411.80 Td (of ) Tj ET Q q 0 0 0 rg BT 260.86 411.80 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 294.67 411.80 Td (Segment ) Tj ET Q q 0 0 0 rg BT 329.37 411.80 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 357.82 411.80 Td ( ) Tj ET Q q 0 0 0 rg BT 360.50 411.80 Td (to ) Tj ET Q q 0 0 0 rg BT 369.85 411.80 Td (net ) Tj ET Q q 0 0 0 rg BT 383.65 411.80 Td (loss ) Tj ET Q q 0 0 0 rg BT 400.56 411.80 Td (is ) Tj ET Q q 0 0 0 rg BT 409.02 411.80 Td (presented ) Tj ET Q q 0 0 0 rg BT 447.28 411.80 Td (in ) Tj ET Q q 0 0 0 rg BT 456.19 411.80 Td (the ) Tj ET Q q 0 0 0 rg BT 469.99 411.80 Td (Unitymedia ) Tj ET Q q 0 0 0 rg BT 512.68 411.80 Td (section ) Tj ET Q q 0 0 0 rg BT 540.71 411.80 Td (of ) Tj ET Q q 0 0 0 rg BT 550.06 411.80 Td (this ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 402.20 Td (release.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 390.42 Td (26 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 386.60 Td (International ) Tj ET Q q 0 0 0 rg BT 113.75 386.60 Td (Financial ) Tj ET Q q 0 0 0 rg BT 147.99 386.60 Td (Reporting ) Tj ET Q q 0 0 0 rg BT 184.90 386.60 Td (Standards, ) Tj ET Q q 0 0 0 rg BT 225.82 386.60 Td (as ) Tj ET Q q 0 0 0 rg BT 236.49 386.60 Td (adopted ) Tj ET Q q 0 0 0 rg BT 267.63 386.60 Td (by ) Tj ET Q q 0 0 0 rg BT 278.30 386.60 Td (the ) Tj ET Q q 0 0 0 rg BT 291.64 386.60 Td (European ) Tj ET Q q 0 0 0 rg BT 328.56 386.60 Td (Union, ) Tj ET Q q 0 0 0 rg BT 353.91 386.60 Td (are ) Tj ET Q q 0 0 0 rg BT 367.70 386.60 Td (referred ) Tj ET Q q 0 0 0 rg BT 397.93 386.60 Td (to ) Tj ET Q q 0 0 0 rg BT 406.82 386.60 Td (as ) Tj ET Q q 0 0 0 rg BT 417.50 386.60 Td (EU-IFRS.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 374.82 Td (27 ) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 56.73 374.82 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 371.00 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 105.75 371.00 Td (video ) Tj ET Q q 0 0 0 rg BT 127.10 371.00 Td (penetration ) Tj ET Q q 0 0 0 rg BT 169.36 371.00 Td (is ) Tj ET Q q 0 0 0 rg BT 177.36 371.00 Td (calculated ) Tj ET Q q 0 0 0 rg BT 215.61 371.00 Td (by ) Tj ET Q q 0 0 0 rg BT 226.28 371.00 Td (dividing ) Tj ET Q q 0 0 0 rg BT 255.63 371.00 Td (the ) Tj ET Q q 0 0 0 rg BT 268.98 371.00 Td (number ) Tj ET Q q 0 0 0 rg BT 298.33 371.00 Td (of ) Tj ET Q q 0 0 0 rg BT 307.22 371.00 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 344.59 371.00 Td (video ) Tj ET Q q 0 0 0 rg BT 365.94 371.00 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 389.94 371.00 Td (by ) Tj ET Q q 0 0 0 rg BT 400.61 371.00 Td (the ) Tj ET Q q 0 0 0 rg BT 413.96 371.00 Td (total ) Tj ET Q q 0 0 0 rg BT 431.30 371.00 Td (number ) Tj ET Q q 0 0 0 rg BT 460.65 371.00 Td (of ) Tj ET Q q 0 0 0 rg BT 469.54 371.00 Td (basic ) Tj ET Q q 0 0 0 rg BT 490.44 371.00 Td (and ) Tj ET Q q 0 0 0 rg BT 506.02 371.00 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 543.38 371.00 Td (video ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 361.40 Td (RGUs.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 349.62 Td (28) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 345.80 Td ( ) Tj ET Q q 0 0 0 rg BT 57.51 345.80 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 345.80 Td (T) Tj ET Q q 0 0 0 rg BT 71.50 345.80 Td (elephony ) Tj ET Q q 0 0 0 rg BT 105.76 345.80 Td (and ) Tj ET Q q 0 0 0 rg BT 120.90 345.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 160.94 345.80 Td (penetration ) Tj ET Q q 0 0 0 rg BT 202.76 345.80 Td (is ) Tj ET Q q 0 0 0 rg BT 210.32 345.80 Td (calculated ) Tj ET Q q 0 0 0 rg BT 248.14 345.80 Td (by ) Tj ET Q q 0 0 0 rg BT 258.37 345.80 Td (dividing ) Tj ET Q q 0 0 0 rg BT 287.29 345.80 Td (the ) Tj ET Q q 0 0 0 rg BT 300.20 345.80 Td (number ) Tj ET Q q 0 0 0 rg BT 329.11 345.80 Td (of ) Tj ET Q q 0 0 0 rg BT 337.57 345.80 Td (telephony ) Tj ET Q q 0 0 0 rg BT 374.05 345.80 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 397.62 345.80 Td (and ) Tj ET Q q 0 0 0 rg BT 412.75 345.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 452.80 345.80 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 478.59 345.80 Td (respectively) Tj ET Q q 0 0 0 rg BT 520.23 345.80 Td (, ) Tj ET Q q 0 0 0 rg BT 524.24 345.80 Td (by ) Tj ET Q q 0 0 0 rg BT 534.48 345.80 Td (the ) Tj ET Q q 0 0 0 rg BT 547.39 345.80 Td (total ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 336.20 Td (T) Tj ET Q q 0 0 0 rg BT 71.95 336.20 Td (wo-way ) Tj ET Q q 0 0 0 rg BT 101.29 336.20 Td (Homes ) Tj ET Q q 0 0 0 rg BT 128.85 336.20 Td (Passed.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 324.42 Td (29 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 320.60 Td (DTH ) Tj ET Q q 0 0 0 rg BT 86.19 320.60 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 126.68 320.60 Td (is ) Tj ET Q q 0 0 0 rg BT 134.71 320.60 Td (a ) Tj ET Q q 0 0 0 rg BT 141.41 320.60 Td (home, ) Tj ET Q q 0 0 0 rg BT 165.90 320.60 Td (residential ) Tj ET Q q 0 0 0 rg BT 204.61 320.60 Td (multiple ) Tj ET Q q 0 0 0 rg BT 234.43 320.60 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 265.59 320.60 Td (unit ) Tj ET Q q 0 0 0 rg BT 280.74 320.60 Td (or ) Tj ET Q q 0 0 0 rg BT 290.10 320.60 Td (commercial ) Tj ET Q q 0 0 0 rg BT 333.25 320.60 Td (unit ) Tj ET Q q 0 0 0 rg BT 348.39 320.60 Td (that ) Tj ET Q q 0 0 0 rg BT 363.99 320.60 Td (receives ) Tj ET Q q 0 0 0 rg BT 396.03 320.60 Td (our ) Tj ET Q q 0 0 0 rg BT 409.84 320.60 Td (video ) Tj ET Q q 0 0 0 rg BT 431.22 320.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 480.60 320.60 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 517.98 320.60 Td (directly ) Tj ET Q q 0 0 0 rg BT 545.57 320.60 Td (via ) Tj ET Q q 0 0 0 rg BT 558.05 320.60 Td (a ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 311.00 Td (geosynchronous ) Tj ET Q q 0 0 0 rg BT 128.43 311.00 Td (satellite.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 299.22 Td (30) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 295.40 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 295.40 Td (Represents ) Tj ET Q q 0 0 0 rg BT 110.55 295.40 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 145.61 295.40 Td (contributions ) Tj ET Q q 0 0 0 rg BT 193.11 295.40 Td (of ) Tj ET Q q 0 0 0 rg BT 201.93 295.40 Td (property ) Tj ET Q q 0 0 0 rg BT 233.42 295.40 Td (and ) Tj ET Q q 0 0 0 rg BT 248.91 295.40 Td (equipment ) Tj ET Q q 0 0 0 rg BT 288.41 295.40 Td (that ) Tj ET Q q 0 0 0 rg BT 303.90 295.40 Td (we ) Tj ET Q q 0 0 0 rg BT 316.27 295.40 Td (received ) Tj ET Q q 0 0 0 rg BT 348.65 295.40 Td (from ) Tj ET Q q 0 0 0 rg BT 366.79 295.40 Td (our ) Tj ET Q q 0 0 0 rg BT 380.50 295.40 Td (parent ) Tj ET Q q 0 0 0 rg BT 405.33 295.40 Td (company) Tj ET Q q 0 0 0 rg BT 437.19 295.40 Td (. ) Tj ET Q q 0 0 0 rg BT 441.42 295.40 Td (These ) Tj ET Q q 0 0 0 rg BT 465.80 295.40 Td (amounts ) Tj ET Q q 0 0 0 rg BT 498.63 295.40 Td (are ) Tj ET Q q 0 0 0 rg BT 512.33 295.40 Td (excluded ) Tj ET Q q 0 0 0 rg BT 546.50 295.40 Td (from ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 285.80 Td (the ) Tj ET Q q 0 0 0 rg BT 80.84 285.80 Td (capital ) Tj ET Q q 0 0 0 rg BT 106.19 285.80 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 154.22 285.80 Td (that ) Tj ET Q q 0 0 0 rg BT 169.79 285.80 Td (we ) Tj ET Q q 0 0 0 rg BT 182.24 285.80 Td (report ) Tj ET Q q 0 0 0 rg BT 205.36 285.80 Td (in ) Tj ET Q q 0 0 0 rg BT 213.81 285.80 Td (our ) Tj ET Q q 0 0 0 rg BT 227.59 285.80 Td (condensed ) Tj ET Q q 0 0 0 rg BT 268.96 285.80 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 316.11 285.80 Td (statements ) Tj ET Q q 0 0 0 rg BT 357.46 285.80 Td (of ) Tj ET Q q 0 0 0 rg BT 366.35 285.80 Td (cash ) Tj ET Q q 0 0 0 rg BT 385.47 285.80 Td (flows.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 274.02 Td (31 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 270.20 Td (UPC ) Tj ET Q q 0 0 0 rg BT 86.28 270.20 Td (Holding's ) Tj ET Q q 0 0 0 rg BT 120.82 270.20 Td (property ) Tj ET Q q 0 0 0 rg BT 152.06 270.20 Td (and ) Tj ET Q q 0 0 0 rg BT 167.29 270.20 Td (equipment ) Tj ET Q q 0 0 0 rg BT 206.54 270.20 Td (additions ) Tj ET Q q 0 0 0 rg BT 240.45 270.20 Td (include ) Tj ET Q q 0 0 0 rg BT 267.69 270.20 Td (amounts ) Tj ET Q q 0 0 0 rg BT 300.26 270.20 Td (that ) Tj ET Q q 0 0 0 rg BT 315.49 270.20 Td (represent ) Tj ET Q q 0 0 0 rg BT 351.17 270.20 Td (the ) Tj ET Q q 0 0 0 rg BT 364.18 270.20 Td (net ) Tj ET Q q 0 0 0 rg BT 377.19 270.20 Td (impact ) Tj ET Q q 0 0 0 rg BT 402.64 270.20 Td (of ) Tj ET Q q 0 0 0 rg BT 411.20 270.20 Td (changes ) Tj ET Q q 0 0 0 rg BT 443.33 270.20 Td (in ) Tj ET Q q 0 0 0 rg BT 451.45 270.20 Td (inventory ) Tj ET Q q 0 0 0 rg BT 485.79 270.20 Td (levels ) Tj ET Q q 0 0 0 rg BT 508.13 270.20 Td (associated ) Tj ET Q q 0 0 0 rg BT 548.27 270.20 Td (with ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 260.60 Td (centrally-procured ) Tj ET Q q 0 0 0 rg BT 135.08 260.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 171.52 260.60 Td (premises ) Tj ET Q q 0 0 0 rg BT 207.52 260.60 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 250.42 260.60 Td (This ) Tj ET Q q 0 0 0 rg BT 269.08 260.60 Td (equipment ) Tj ET Q q 0 0 0 rg BT 309.99 260.60 Td (is ) Tj ET Q q 0 0 0 rg BT 319.32 260.60 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 356.65 260.60 Td (transferred ) Tj ET Q q 0 0 0 rg BT 398.88 260.60 Td (to ) Tj ET Q q 0 0 0 rg BT 409.10 260.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 436.66 260.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 464.22 260.60 Td (Global ) Tj ET Q q 0 0 0 rg BT 490.90 260.60 Td (European ) Tj ET Q q 0 0 0 rg BT 529.14 260.60 Td (operating ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 251.00 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 114.40 251.00 Td (including ) Tj ET Q q 0 0 0 rg BT 148.42 251.00 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 193.10 251.00 Td (within ) Tj ET Q q 0 0 0 rg BT 216.00 251.00 Td (UPC ) Tj ET Q q 0 0 0 rg BT 235.33 251.00 Td (Holding. ) Tj ET Q q 0 0 0 rg BT 266.96 251.00 Td (These ) Tj ET Q q 0 0 0 rg BT 291.64 251.00 Td (amounts, ) Tj ET Q q 0 0 0 rg BT 326.98 251.00 Td (which ) Tj ET Q q 0 0 0 rg BT 349.88 251.00 Td (are ) Tj ET Q q 0 0 0 rg BT 363.88 251.00 Td (included ) Tj ET Q q 0 0 0 rg BT 396.12 251.00 Td (in ) Tj ET Q q 0 0 0 rg BT 404.78 251.00 Td ("Other", ) Tj ET Q q 0 0 0 rg BT 435.13 251.00 Td (are ) Tj ET Q q 0 0 0 rg BT 449.14 251.00 Td (excluded ) Tj ET Q q 0 0 0 rg BT 483.60 251.00 Td (from ) Tj ET Q q 0 0 0 rg BT 502.04 251.00 Td (the ) Tj ET Q q 0 0 0 rg BT 515.60 251.00 Td (calculation ) Tj ET Q q 0 0 0 rg BT 555.84 251.00 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 241.40 Td (segment ) Tj ET Q q 0 0 0 rg BT 100.41 241.40 Td (property ) Tj ET Q q 0 0 0 rg BT 131.98 241.40 Td (and ) Tj ET Q q 0 0 0 rg BT 147.55 241.40 Td (equipment ) Tj ET Q q 0 0 0 rg BT 187.13 241.40 Td (additions ) Tj ET Q q 0 0 0 rg BT 221.38 241.40 Td (as ) Tj ET Q q 0 0 0 rg BT 232.05 241.40 Td (a ) Tj ET Q q 0 0 0 rg BT 238.72 241.40 Td (percentage ) Tj ET Q q 0 0 0 rg BT 280.97 241.40 Td (of ) Tj ET Q q 0 0 0 rg BT 289.87 241.40 Td (revenue.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 229.62 Td (32) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 225.80 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 225.80 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 116.58 225.80 Td (Net ) Tj ET Q q 0 0 0 rg BT 131.42 225.80 Td (Leverage ) Tj ET Q q 0 0 0 rg BT 167.16 225.80 Td (Ratio ) Tj ET Q q 0 0 0 rg BT 188.22 225.80 Td (is ) Tj ET Q q 0 0 0 rg BT 196.39 225.80 Td (defined ) Tj ET Q q 0 0 0 rg BT 225.02 225.80 Td (in ) Tj ET Q q 0 0 0 rg BT 233.63 225.80 Td (accordance ) Tj ET Q q 0 0 0 rg BT 277.38 225.80 Td (with ) Tj ET Q q 0 0 0 rg BT 293.99 225.80 Td (VTR's ) Tj ET Q q 0 0 0 rg BT 317.90 225.80 Td (indenture ) Tj ET Q q 0 0 0 rg BT 353.64 225.80 Td (for ) Tj ET Q q 0 0 0 rg BT 365.37 225.80 Td (its ) Tj ET Q q 0 0 0 rg BT 375.75 225.80 Td (senior ) Tj ET Q q 0 0 0 rg BT 399.92 225.80 Td (secured ) Tj ET Q q 0 0 0 rg BT 430.77 225.80 Td (notes, ) Tj ET Q q 0 0 0 rg BT 454.95 225.80 Td (taking ) Tj ET Q q 0 0 0 rg BT 478.68 225.80 Td (into ) Tj ET Q q 0 0 0 rg BT 493.97 225.80 Td (account ) Tj ET Q q 0 0 0 rg BT 524.37 225.80 Td (the ) Tj ET Q q 0 0 0 rg BT 537.88 225.80 Td (ratio ) Tj ET Q q 0 0 0 rg BT 555.82 225.80 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 216.20 Td (its ) Tj ET Q q 0 0 0 rg BT 78.02 216.20 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 121.91 216.20 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 172.03 216.20 Td (\(including ) Tj ET Q q 0 0 0 rg BT 208.80 216.20 Td (the ) Tj ET Q q 0 0 0 rg BT 222.44 216.20 Td (impact ) Tj ET Q q 0 0 0 rg BT 248.53 216.20 Td (of ) Tj ET Q q 0 0 0 rg BT 257.72 216.20 Td (its ) Tj ET Q q 0 0 0 rg BT 268.25 216.20 Td (swaps\) ) Tj ET Q q 0 0 0 rg BT 296.11 216.20 Td (less ) Tj ET Q q 0 0 0 rg BT 312.86 216.20 Td (its ) Tj ET Q q 0 0 0 rg BT 323.38 216.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 342.80 216.20 Td (and ) Tj ET Q q 0 0 0 rg BT 358.68 216.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 378.10 216.20 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 421.09 216.20 Td (to ) Tj ET Q q 0 0 0 rg BT 430.29 216.20 Td (its ) Tj ET Q q 0 0 0 rg BT 440.81 216.20 Td (annualized ) Tj ET Q q 0 0 0 rg BT 482.04 216.20 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 510.49 216.20 Td ( ) Tj ET Q q 0 0 0 rg BT 513.01 216.20 Td (from ) Tj ET Q q 0 0 0 rg BT 531.54 216.20 Td (the ) Tj ET Q q 0 0 0 rg BT 545.18 216.20 Td (most ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 206.60 Td (recent ) Tj ET Q q 0 0 0 rg BT 91.96 206.60 Td (two ) Tj ET Q q 0 0 0 rg BT 106.63 206.60 Td (consecutive ) Tj ET Q q 0 0 0 rg BT 151.10 206.60 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 171.55 206.60 Td (quarters.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 194.82 Td (33 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 191.00 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 102.22 191.00 Td (to ) Tj ET Q q 0 0 0 rg BT 111.60 191.00 Td (service ) Tj ET Q q 0 0 0 rg BT 139.64 191.00 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 186.81 191.00 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 230.86 191.00 Td (and, ) Tj ET Q q 0 0 0 rg BT 249.13 191.00 Td (to ) Tj ET Q q 0 0 0 rg BT 258.51 191.00 Td (a ) Tj ET Q q 0 0 0 rg BT 265.66 191.00 Td (much ) Tj ET Q q 0 0 0 rg BT 287.92 191.00 Td (lesser ) Tj ET Q q 0 0 0 rg BT 311.97 191.00 Td (extent, ) Tj ET Q q 0 0 0 rg BT 338.68 191.00 Td (the ) Tj ET Q q 0 0 0 rg BT 352.51 191.00 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 398.35 191.00 Td (of) Tj ET Q q 0 0 0 rg BT 404.87 191.00 Td (fer ) Tj ET Q q 0 0 0 rg BT 416.91 191.00 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 454.76 191.00 Td (video, ) Tj ET Q q 0 0 0 rg BT 478.81 191.00 Td (broadband ) Tj ET Q q 0 0 0 rg BT 519.77 191.00 Td (internet ) Tj ET Q q 0 0 0 rg BT 549.15 191.00 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 181.40 Td (telephony ) Tj ET Q q 0 0 0 rg BT 104.02 181.40 Td (services ) Tj ET Q q 0 0 0 rg BT 135.19 181.40 Td (over ) Tj ET Q q 0 0 0 rg BT 152.58 181.40 Td (networks ) Tj ET Q q 0 0 0 rg BT 186.42 181.40 Td (owned ) Tj ET Q q 0 0 0 rg BT 211.82 181.40 Td (by ) Tj ET Q q 0 0 0 rg BT 222.09 181.40 Td (third-party ) Tj ET Q q 0 0 0 rg BT 259.93 181.40 Td (cable ) Tj ET Q q 0 0 0 rg BT 280.88 181.40 Td (operators ) Tj ET Q q 0 0 0 rg BT 316.51 181.40 Td (\(partner ) Tj ET Q q 0 0 0 rg BT 349.01 181.40 Td (networks\). ) Tj ET Q q 0 0 0 rg BT 390.04 181.40 Td (A) Tj ET Q q 0 0 0 rg BT 394.93 181.40 Td ( ) Tj ET Q q 0 0 0 rg BT 396.76 181.40 Td (partner ) Tj ET Q q 0 0 0 rg BT 423.93 181.40 Td (network ) Tj ET Q q 0 0 0 rg BT 453.77 181.40 Td (RGU ) Tj ET Q q 0 0 0 rg BT 473.37 181.40 Td (is ) Tj ET Q q 0 0 0 rg BT 480.98 181.40 Td (only ) Tj ET Q q 0 0 0 rg BT 497.48 181.40 Td (recognized ) Tj ET Q q 0 0 0 rg BT 538.44 181.40 Td (if ) Tj ET Q q 0 0 0 rg BT 544.27 181.40 Td (there ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 171.80 Td (is ) Tj ET Q q 0 0 0 rg BT 74.73 171.80 Td (a ) Tj ET Q q 0 0 0 rg BT 80.63 171.80 Td (direct ) Tj ET Q q 0 0 0 rg BT 101.65 171.80 Td (billing ) Tj ET Q q 0 0 0 rg BT 123.56 171.80 Td (relationship ) Tj ET Q q 0 0 0 rg BT 165.93 171.80 Td (with ) Tj ET Q q 0 0 0 rg BT 181.61 171.80 Td (the ) Tj ET Q q 0 0 0 rg BT 194.19 171.80 Td (customer) Tj ET Q q 0 0 0 rg BT 226.64 171.80 Td (. ) Tj ET Q q 0 0 0 rg BT 230.03 171.80 Td (At ) Tj ET Q q 0 0 0 rg BT 239.04 171.80 Td (March ) Tj ET Q q 0 0 0 rg BT 262.73 171.80 Td (31, ) Tj ET Q q 0 0 0 rg BT 275.30 171.80 Td (2016, ) Tj ET Q q 0 0 0 rg BT 296.77 171.80 Td (Switzerland) Tj ET Q q 0 0 0 rg BT 339.76 171.80 Td (s ) Tj ET Q q 0 0 0 rg BT 345.21 171.80 Td (partner ) Tj ET Q q 0 0 0 rg BT 372.01 171.80 Td (networks ) Tj ET Q q 0 0 0 rg BT 405.48 171.80 Td (account ) Tj ET Q q 0 0 0 rg BT 434.95 171.80 Td (for ) Tj ET Q q 0 0 0 rg BT 445.74 171.80 Td (139,200 ) Tj ET Q q 0 0 0 rg BT 476.12 171.80 Td (Customer ) Tj ET Q q 0 0 0 rg BT 512.25 171.80 Td (Relationships,) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 67.50 162.20 Td (285,600 ) Tj ET Q q 0 0 0 rg BT 98.64 162.20 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 124.86 162.20 Td (105,400 ) Tj ET Q q 0 0 0 rg BT 156.00 162.20 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 194.26 162.20 Td (V) Tj ET Q q 0 0 0 rg BT 199.45 162.20 Td (ideo ) Tj ET Q q 0 0 0 rg BT 216.80 162.20 Td (Subscribers, ) Tj ET Q q 0 0 0 rg BT 263.48 162.20 Td (106,700 ) Tj ET Q q 0 0 0 rg BT 294.62 162.20 Td (Internet ) Tj ET Q q 0 0 0 rg BT 323.97 162.20 Td (Subscribers, ) Tj ET Q q 0 0 0 rg BT 370.66 162.20 Td (and ) Tj ET Q q 0 0 0 rg BT 386.23 162.20 Td (73,500 ) Tj ET Q q 0 0 0 rg BT 412.77 162.20 Td (T) Tj ET Q q 0 0 0 rg BT 416.77 162.20 Td (elephony ) Tj ET Q q 0 0 0 rg BT 451.47 162.20 Td (Subscribers.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 150.42 Td (34 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 146.60 Td (In ) Tj ET Q q 0 0 0 rg BT 76.19 146.60 Td (April ) Tj ET Q q 0 0 0 rg BT 94.72 146.60 Td (2015, ) Tj ET Q q 0 0 0 rg BT 117.26 146.60 Td (the ) Tj ET Q q 0 0 0 rg BT 130.90 146.60 Td (Financial ) Tj ET Q q 0 0 0 rg BT 164.94 146.60 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 207.04 146.60 Td (Standards ) Tj ET Q q 0 0 0 rg BT 246.04 146.60 Td (Board ) Tj ET Q q 0 0 0 rg BT 269.91 146.60 Td (issued ) Tj ET Q q 0 0 0 rg BT 295.05 146.60 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 337.16 146.60 Td (Standards ) Tj ET Q q 0 0 0 rg BT 376.15 146.60 Td (Update ) Tj ET Q q 0 0 0 rg BT 404.47 146.60 Td (No. ) Tj ET Q q 0 0 0 rg BT 419.44 146.60 Td (2015-03, ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 453.54 146.60 Td (Simplifying ) Tj ET Q q 0 0 0 rg BT 494.74 146.60 Td (the ) Tj ET Q q 0 0 0 rg BT 508.39 146.60 Td (Presentation ) Tj ET Q q 0 0 0 rg BT 555.83 146.60 Td (of ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 67.50 137.00 Td (Debt ) Tj ET Q q 0 0 0 rg BT 86.26 137.00 Td (Issuance ) Tj ET Q q 0 0 0 rg BT 120.13 137.00 Td (Costs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 140.58 137.00 Td (, ) Tj ET Q q 0 0 0 rg BT 144.66 137.00 Td (which ) Tj ET Q q 0 0 0 rg BT 166.97 137.00 Td (requires ) Tj ET Q q 0 0 0 rg BT 197.73 137.00 Td (debt ) Tj ET Q q 0 0 0 rg BT 215.16 137.00 Td (issuance ) Tj ET Q q 0 0 0 rg BT 248.59 137.00 Td (costs ) Tj ET Q q 0 0 0 rg BT 269.12 137.00 Td (related ) Tj ET Q q 0 0 0 rg BT 295.44 137.00 Td (to ) Tj ET Q q 0 0 0 rg BT 303.96 137.00 Td (a ) Tj ET Q q 0 0 0 rg BT 310.27 137.00 Td (recognized ) Tj ET Q q 0 0 0 rg BT 351.26 137.00 Td (debt ) Tj ET Q q 0 0 0 rg BT 368.69 137.00 Td (liability ) Tj ET Q q 0 0 0 rg BT 394.56 137.00 Td (to ) Tj ET Q q 0 0 0 rg BT 403.08 137.00 Td (be ) Tj ET Q q 0 0 0 rg BT 413.84 137.00 Td (presented ) Tj ET Q q 0 0 0 rg BT 451.28 137.00 Td (on ) Tj ET Q q 0 0 0 rg BT 462.03 137.00 Td (the ) Tj ET Q q 0 0 0 rg BT 475.01 137.00 Td (balance ) Tj ET Q q 0 0 0 rg BT 504.89 137.00 Td (sheet ) Tj ET Q q 0 0 0 rg BT 526.32 137.00 Td (as ) Tj ET Q q 0 0 0 rg BT 536.63 137.00 Td (a ) Tj ET Q q 0 0 0 rg BT 542.93 137.00 Td (direct ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 127.40 Td (deduction ) Tj ET Q q 0 0 0 rg BT 104.34 127.40 Td (from ) Tj ET Q q 0 0 0 rg BT 122.49 127.40 Td (the ) Tj ET Q q 0 0 0 rg BT 135.76 127.40 Td (debt ) Tj ET Q q 0 0 0 rg BT 153.47 127.40 Td (liability) Tj ET Q q 0 0 0 rg BT 176.89 127.40 Td (, ) Tj ET Q q 0 0 0 rg BT 181.26 127.40 Td (similar ) Tj ET Q q 0 0 0 rg BT 206.51 127.40 Td (to ) Tj ET Q q 0 0 0 rg BT 215.33 127.40 Td (the ) Tj ET Q q 0 0 0 rg BT 228.60 127.40 Td (presentation ) Tj ET Q q 0 0 0 rg BT 274.78 127.40 Td (of ) Tj ET Q q 0 0 0 rg BT 283.59 127.40 Td (debt ) Tj ET Q q 0 0 0 rg BT 301.31 127.40 Td (discounts. ) Tj ET Q q 0 0 0 rg BT 339.05 127.40 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 379.81 127.40 Td (, ) Tj ET Q q 0 0 0 rg BT 384.18 127.40 Td (for ) Tj ET Q q 0 0 0 rg BT 395.66 127.40 Td (all ) Tj ET Q q 0 0 0 rg BT 405.81 127.40 Td (periods ) Tj ET Q q 0 0 0 rg BT 434.19 127.40 Td (presented ) Tj ET Q q 0 0 0 rg BT 471.92 127.40 Td (herein, ) Tj ET Q q 0 0 0 rg BT 498.53 127.40 Td (deferred ) Tj ET Q q 0 0 0 rg BT 530.47 127.40 Td (financing ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 117.80 Td (costs ) Tj ET Q q 0 0 0 rg BT 88.39 117.80 Td (are ) Tj ET Q q 0 0 0 rg BT 102.18 117.80 Td (reflected ) Tj ET Q q 0 0 0 rg BT 135.09 117.80 Td (as ) Tj ET Q q 0 0 0 rg BT 145.76 117.80 Td (a ) Tj ET Q q 0 0 0 rg BT 152.43 117.80 Td (reduction ) Tj ET Q q 0 0 0 rg BT 187.56 117.80 Td (of ) Tj ET Q q 0 0 0 rg BT 196.46 117.80 Td (debt.) Tj ET Q /GS0 gs q 75.80 0 0 47.00 486.15 732.50 cm /I85 Do Q endstream endobj 83 0 obj <> endobj 84 0 obj <> stream BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (41) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 718.02 Td (35 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 714.20 Td (The ) Tj ET Q q 0 0 0 rg BT 83.69 714.20 Td (amounts ) Tj ET Q q 0 0 0 rg BT 116.78 714.20 Td (reported ) Tj ET Q q 0 0 0 rg BT 148.99 714.20 Td (by ) Tj ET Q q 0 0 0 rg BT 159.84 714.20 Td (Unitymedia ) Tj ET Q q 0 0 0 rg BT 202.27 714.20 Td (for ) Tj ET Q q 0 0 0 rg BT 214.01 714.20 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 247.55 714.20 Td (EBIT) Tj ET Q q 0 0 0 rg BT 264.44 714.20 Td (, ) Tj ET Q q 0 0 0 rg BT 269.07 714.20 Td (income ) Tj ET Q q 0 0 0 rg BT 297.27 714.20 Td (tax ) Tj ET Q q 0 0 0 rg BT 310.35 714.20 Td (expense ) Tj ET Q q 0 0 0 rg BT 343.00 714.20 Td (and ) Tj ET Q q 0 0 0 rg BT 358.76 714.20 Td (net ) Tj ET Q q 0 0 0 rg BT 372.29 714.20 Td (loss ) Tj ET Q q 0 0 0 rg BT 388.92 714.20 Td (for ) Tj ET Q q 0 0 0 rg BT 400.66 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 414.19 714.20 Td (quarter ) Tj ET Q q 0 0 0 rg BT 441.95 714.20 Td (ended ) Tj ET Q q 0 0 0 rg BT 466.60 714.20 Td (March ) Tj ET Q q 0 0 0 rg BT 491.23 714.20 Td (31, ) Tj ET Q q 0 0 0 rg BT 504.76 714.20 Td (2015 ) Tj ET Q q 0 0 0 rg BT 524.97 714.20 Td (have ) Tj ET Q q 0 0 0 rg BT 544.72 714.20 Td (been ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 704.60 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 121.17 704.60 Td (revised ) Tj ET Q q 0 0 0 rg BT 149.05 704.60 Td (from ) Tj ET Q q 0 0 0 rg BT 167.14 704.60 Td (the ) Tj ET Q q 0 0 0 rg BT 180.36 704.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 213.14 704.60 Td (originally ) Tj ET Q q 0 0 0 rg BT 246.80 704.60 Td (reported ) Tj ET Q q 0 0 0 rg BT 278.69 704.60 Td (for ) Tj ET Q q 0 0 0 rg BT 290.12 704.60 Td (the ) Tj ET Q q 0 0 0 rg BT 303.34 704.60 Td (quarter ) Tj ET Q q 0 0 0 rg BT 330.78 704.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 355.12 704.60 Td (March ) Tj ET Q q 0 0 0 rg BT 379.44 704.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 392.65 704.60 Td (2015. ) Tj ET Q q 0 0 0 rg BT 414.35 704.60 Td (As ) Tj ET Q q 0 0 0 rg BT 425.78 704.60 Td (discussed ) Tj ET Q q 0 0 0 rg BT 463.45 704.60 Td (in ) Tj ET Q q 0 0 0 rg BT 471.77 704.60 Td (Unitymedia) Tj ET Q q 0 0 0 rg BT 513.42 704.60 Td (s ) Tj ET Q q 0 0 0 rg BT 519.51 704.60 Td (Summary ) Tj ET Q q 0 0 0 rg BT 555.83 704.60 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 695.00 Td (Significant ) Tj ET Q q 0 0 0 rg BT 105.77 695.00 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 147.04 695.00 Td (Policies ) Tj ET Q q 0 0 0 rg BT 176.30 695.00 Td (in ) Tj ET Q q 0 0 0 rg BT 184.22 695.00 Td (its ) Tj ET Q q 0 0 0 rg BT 193.57 695.00 Td (Annual ) Tj ET Q q 0 0 0 rg BT 220.17 695.00 Td (Report ) Tj ET Q q 0 0 0 rg BT 245.88 695.00 Td (for ) Tj ET Q q 0 0 0 rg BT 256.91 695.00 Td (the ) Tj ET Q q 0 0 0 rg BT 269.72 695.00 Td (year ) Tj ET Q q 0 0 0 rg BT 286.97 695.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 310.91 695.00 Td (December ) Tj ET Q q 0 0 0 rg BT 349.51 695.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 362.32 695.00 Td (2015, ) Tj ET Q q 0 0 0 rg BT 384.03 695.00 Td (when ) Tj ET Q q 0 0 0 rg BT 404.85 695.00 Td (free ) Tj ET Q q 0 0 0 rg BT 420.32 695.00 Td (or ) Tj ET Q q 0 0 0 rg BT 429.13 695.00 Td (discounted ) Tj ET Q q 0 0 0 rg BT 469.52 695.00 Td (service ) Tj ET Q q 0 0 0 rg BT 496.55 695.00 Td (periods ) Tj ET Q q 0 0 0 rg BT 524.48 695.00 Td (are ) Tj ET Q q 0 0 0 rg BT 537.73 695.00 Td (of) Tj ET Q q 0 0 0 rg BT 544.26 695.00 Td (fered ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 685.40 Td (to ) Tj ET Q q 0 0 0 rg BT 76.65 685.40 Td (customers ) Tj ET Q q 0 0 0 rg BT 116.03 685.40 Td (in ) Tj ET Q q 0 0 0 rg BT 124.74 685.40 Td (relation ) Tj ET Q q 0 0 0 rg BT 153.46 685.40 Td (to ) Tj ET Q q 0 0 0 rg BT 162.61 685.40 Td (a ) Tj ET Q q 0 0 0 rg BT 169.54 685.40 Td (subscription ) Tj ET Q q 0 0 0 rg BT 214.71 685.40 Td (service, ) Tj ET Q q 0 0 0 rg BT 244.75 685.40 Td (Unitymedia ) Tj ET Q q 0 0 0 rg BT 287.25 685.40 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 328.42 685.40 Td (the ) Tj ET Q q 0 0 0 rg BT 342.02 685.40 Td (total ) Tj ET Q q 0 0 0 rg BT 359.62 685.40 Td (amount ) Tj ET Q q 0 0 0 rg BT 388.79 685.40 Td (of ) Tj ET Q q 0 0 0 rg BT 397.94 685.40 Td (billable ) Tj ET Q q 0 0 0 rg BT 425.33 685.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 456.72 685.40 Td (that ) Tj ET Q q 0 0 0 rg BT 472.54 685.40 Td (it ) Tj ET Q q 0 0 0 rg BT 479.02 685.40 Td (expects ) Tj ET Q q 0 0 0 rg BT 509.08 685.40 Td (to ) Tj ET Q q 0 0 0 rg BT 518.23 685.40 Td (receive ) Tj ET Q q 0 0 0 rg BT 546.50 685.40 Td (from ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 675.80 Td (customers ) Tj ET Q q 0 0 0 rg BT 106.83 675.80 Td (in ) Tj ET Q q 0 0 0 rg BT 115.48 675.80 Td (equal ) Tj ET Q q 0 0 0 rg BT 137.48 675.80 Td (monthly ) Tj ET Q q 0 0 0 rg BT 167.92 675.80 Td (installments ) Tj ET Q q 0 0 0 rg BT 212.58 675.80 Td (over ) Tj ET Q q 0 0 0 rg BT 230.57 675.80 Td (the ) Tj ET Q q 0 0 0 rg BT 244.12 675.80 Td (term ) Tj ET Q q 0 0 0 rg BT 262.55 675.80 Td (of ) Tj ET Q q 0 0 0 rg BT 271.65 675.80 Td (the ) Tj ET Q q 0 0 0 rg BT 285.19 675.80 Td (contract ) Tj ET Q q 0 0 0 rg BT 316.08 675.80 Td (provided ) Tj ET Q q 0 0 0 rg BT 349.19 675.80 Td (that ) Tj ET Q q 0 0 0 rg BT 364.96 675.80 Td (Unitymedia ) Tj ET Q q 0 0 0 rg BT 407.40 675.80 Td (has ) Tj ET Q q 0 0 0 rg BT 422.73 675.80 Td (the ) Tj ET Q q 0 0 0 rg BT 436.28 675.80 Td (enforceable ) Tj ET Q q 0 0 0 rg BT 480.51 675.80 Td (and ) Tj ET Q q 0 0 0 rg BT 496.29 675.80 Td (contractual ) Tj ET Q q 0 0 0 rg BT 537.85 675.80 Td (right ) Tj ET Q q 0 0 0 rg BT 555.84 675.80 Td (to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 666.20 Td (deliver ) Tj ET Q q 0 0 0 rg BT 93.48 666.20 Td (services ) Tj ET Q q 0 0 0 rg BT 125.24 666.20 Td (to ) Tj ET Q q 0 0 0 rg BT 134.32 666.20 Td (the ) Tj ET Q q 0 0 0 rg BT 147.86 666.20 Td (customer ) Tj ET Q q 0 0 0 rg BT 183.17 666.20 Td (after ) Tj ET Q q 0 0 0 rg BT 201.59 666.20 Td (the ) Tj ET Q q 0 0 0 rg BT 215.13 666.20 Td (promotional ) Tj ET Q q 0 0 0 rg BT 259.34 666.20 Td (period. ) Tj ET Q q 0 0 0 rg BT 286.22 666.20 Td (Unitymedia ) Tj ET Q q 0 0 0 rg BT 328.65 666.20 Td (recently ) Tj ET Q q 0 0 0 rg BT 359.08 666.20 Td (discovered ) Tj ET Q q 0 0 0 rg BT 400.18 666.20 Td (an ) Tj ET Q q 0 0 0 rg BT 411.49 666.20 Td (error ) Tj ET Q q 0 0 0 rg BT 430.80 666.20 Td (in ) Tj ET Q q 0 0 0 rg BT 439.44 666.20 Td (the ) Tj ET Q q 0 0 0 rg BT 452.97 666.20 Td (computation ) Tj ET Q q 0 0 0 rg BT 498.97 666.20 Td (used ) Tj ET Q q 0 0 0 rg BT 518.73 666.20 Td (to ) Tj ET Q q 0 0 0 rg BT 527.82 666.20 Td (recognize ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 656.60 Td (this ) Tj ET Q q 0 0 0 rg BT 82.14 656.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 113.24 656.60 Td (on ) Tj ET Q q 0 0 0 rg BT 124.33 656.60 Td (an ) Tj ET Q q 0 0 0 rg BT 135.42 656.60 Td (equalized ) Tj ET Q q 0 0 0 rg BT 171.86 656.60 Td (monthly ) Tj ET Q q 0 0 0 rg BT 202.07 656.60 Td (basis. ) Tj ET Q q 0 0 0 rg BT 225.01 656.60 Td (This ) Tj ET Q q 0 0 0 rg BT 242.32 656.60 Td (error ) Tj ET Q q 0 0 0 rg BT 261.40 656.60 Td (had ) Tj ET Q q 0 0 0 rg BT 276.94 656.60 Td (a ) Tj ET Q q 0 0 0 rg BT 283.58 656.60 Td (continuing ) Tj ET Q q 0 0 0 rg BT 322.24 656.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 348.00 656.60 Td (for ) Tj ET Q q 0 0 0 rg BT 359.53 656.60 Td (the ) Tj ET Q q 0 0 0 rg BT 372.84 656.60 Td (remainder ) Tj ET Q q 0 0 0 rg BT 411.04 656.60 Td (of ) Tj ET Q q 0 0 0 rg BT 419.91 656.60 Td (2015 ) Tj ET Q q 0 0 0 rg BT 439.90 656.60 Td (and ) Tj ET Q q 0 0 0 rg BT 455.44 656.60 Td (Unitymedia ) Tj ET Q q 0 0 0 rg BT 497.64 656.60 Td (will ) Tj ET Q q 0 0 0 rg BT 510.94 656.60 Td (retrospectively ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 647.00 Td (revise ) Tj ET Q q 0 0 0 rg BT 90.84 647.00 Td (its ) Tj ET Q q 0 0 0 rg BT 100.84 647.00 Td (2015 ) Tj ET Q q 0 0 0 rg BT 120.63 647.00 Td (results ) Tj ET Q q 0 0 0 rg BT 146.20 647.00 Td (as ) Tj ET Q q 0 0 0 rg BT 156.64 647.00 Td (it ) Tj ET Q q 0 0 0 rg BT 162.64 647.00 Td (reports ) Tj ET Q q 0 0 0 rg BT 189.54 647.00 Td (each ) Tj ET Q q 0 0 0 rg BT 208.89 647.00 Td (comparative ) Tj ET Q q 0 0 0 rg BT 254.46 647.00 Td (period ) Tj ET Q q 0 0 0 rg BT 278.70 647.00 Td (in ) Tj ET Q q 0 0 0 rg BT 286.92 647.00 Td (its ) Tj ET Q q 0 0 0 rg BT 296.92 647.00 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 330.05 647.00 Td (and ) Tj ET Q q 0 0 0 rg BT 345.39 647.00 Td (annual ) Tj ET Q q 0 0 0 rg BT 371.42 647.00 Td (2016 ) Tj ET Q q 0 0 0 rg BT 391.21 647.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 422.56 647.00 Td (information. ) Tj ET Q q 0 0 0 rg BT 466.23 647.00 Td (The ) Tj ET Q q 0 0 0 rg BT 482.01 647.00 Td (following ) Tj ET Q q 0 0 0 rg BT 515.14 647.00 Td (quantifies ) Tj ET Q q 0 0 0 rg BT 551.38 647.00 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 637.40 Td (impact ) Tj ET Q q 0 0 0 rg BT 93.29 637.40 Td (of ) Tj ET Q q 0 0 0 rg BT 102.18 637.40 Td (this ) Tj ET Q q 0 0 0 rg BT 116.85 637.40 Td (error ) Tj ET Q q 0 0 0 rg BT 135.96 637.40 Td (on ) Tj ET Q q 0 0 0 rg BT 147.09 637.40 Td (Unitymedia) Tj ET Q q 0 0 0 rg BT 188.73 637.40 Td (s ) Tj ET Q q 0 0 0 rg BT 194.96 637.40 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 228.31 637.40 Td (EBIT) Tj ET Q q 0 0 0 rg BT 245.95 637.40 Td ( ) Tj ET Q q 0 0 0 rg BT 248.17 637.40 Td (and ) Tj ET Q q 0 0 0 rg BT 263.74 637.40 Td (net ) Tj ET Q q 0 0 0 rg BT 277.09 637.40 Td (earnings ) Tj ET Q q 0 0 0 rg BT 310.00 637.40 Td (\(loss\) ) Tj ET Q q 0 0 0 rg BT 331.77 637.40 Td (for ) Tj ET Q q 0 0 0 rg BT 343.33 637.40 Td (each ) Tj ET Q q 0 0 0 rg BT 362.90 637.40 Td (quarter ) Tj ET Q q 0 0 0 rg BT 390.47 637.40 Td (and ) Tj ET Q q 0 0 0 rg BT 406.04 637.40 Td (in ) Tj ET Q q 0 0 0 rg BT 414.49 637.40 Td (total ) Tj ET Q q 0 0 0 rg BT 431.84 637.40 Td (for ) Tj ET Q q 0 0 0 rg BT 443.39 637.40 Td (2015:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 606.9 m 392 606.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 606.9 m 477 606.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 606.9 m 562 606.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 556.9 m 477 556.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 556.9 m 562 556.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 556.9 m 392 556.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 544.9 m 392 544.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 542.9 m 392 542.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 556.9 m 477 556.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 544.9 m 477 544.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 542.9 m 477 542.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 556.9 m 562 556.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 544.9 m 562 544.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 542.9 m 562 542.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 504.9 m 477 504.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 504.9 m 562 504.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 504.9 m 392 504.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 492.9 m 392 492.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 490.9 m 392 490.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 504.9 m 477 504.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 492.9 m 477 492.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 490.9 m 477 490.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 504.9 m 562 504.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 492.9 m 562 492.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 490.9 m 562 490.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 452.9 m 477 452.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 452.9 m 392 452.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 440.9 m 392 440.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 438.9 m 392 438.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 452.9 m 477 452.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 440.9 m 477 440.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 438.9 m 477 438.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 452.9 m 562 452.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 440.9 m 562 440.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 438.9 m 562 438.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 400.9 m 477 400.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 400.9 m 392 400.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 388.9 m 392 388.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 386.9 m 392 386.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 400.9 m 477 400.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 388.9 m 477 388.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 386.9 m 477 386.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 400.9 m 562 400.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 388.9 m 562 388.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 386.9 m 562 386.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 348.9 m 477 348.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 348.9 m 562 348.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 348.9 m 392 348.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 336.9 m 392 336.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 334.9 m 392 334.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 348.9 m 477 348.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 336.9 m 477 336.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 334.9 m 477 334.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 348.9 m 562 348.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 336.9 m 562 336.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 334.9 m 562 334.9 l s BT /F3 8.00 Tf ET q 0 0 0 rg BT 334.30 611.13 Td (Revenue) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 426.85 611.13 Td (EBIT) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 484.95 611.13 Td (Net earnings \(loss\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 416.20 598.58 Td (in millions) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 69.50 587.13 Td (Q1 2015:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 574.13 Td (As previously reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 163.00 574.58 Td (.................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.50 574.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 574.18 Td (538.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 574.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.75 574.18 Td (110.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 574.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 540.55 574.18 Td (\(39.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 574.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 561.13 Td (Revision) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.35 561.58 Td (......................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.00 561.18 Td (\(3.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.80 561.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 561.18 Td (\(3.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.80 561.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.00 561.18 Td (\(2.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 561.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 548.13 Td (As retrospectively revised) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 176.35 548.58 Td (...........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.50 548.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 548.18 Td (534.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 548.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.75 548.18 Td (106.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 548.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 540.55 548.18 Td (\(42.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 548.13 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 69.50 535.13 Td (Q2 2015:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 522.13 Td (As previously reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 163.00 522.58 Td (.................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.50 522.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 522.18 Td (537.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 522.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.75 522.18 Td (109.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 522.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.00 522.18 Td (\(1.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 522.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 509.13 Td (Revision) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.35 509.58 Td (......................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.00 509.18 Td (\(3.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.80 509.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 509.18 Td (\(3.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.80 509.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.00 509.18 Td (\(2.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 509.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 496.13 Td (As retrospectively revised) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 176.35 496.58 Td (...........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.50 496.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 496.18 Td (534.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 496.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.75 496.18 Td (106.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 496.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.00 496.18 Td (\(3.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 496.13 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 69.50 483.13 Td (Q3 2015:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 470.13 Td (As previously reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 163.00 470.58 Td (.................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.50 470.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 470.18 Td (542.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 470.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.75 470.18 Td (101.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 470.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 543.20 470.18 Td (19.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 457.13 Td (Revision) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.35 457.58 Td (......................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.00 457.18 Td (\(0.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.80 457.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 457.18 Td (\(0.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.80 457.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.00 457.18 Td (\(0.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 457.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 444.13 Td (As retrospectively revised) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 176.35 444.58 Td (...........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.50 444.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 444.18 Td (541.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 444.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.75 444.18 Td (101.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 444.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 543.20 444.18 Td (19.0) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 69.50 431.13 Td (Q4 2015:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 418.13 Td (As previously reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 163.00 418.58 Td (.................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.50 418.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 418.18 Td (554.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 418.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.75 418.18 Td (111.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 418.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.00 418.18 Td (\(4.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 418.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 405.13 Td (Revision) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.35 405.58 Td (......................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.00 405.18 Td (\(0.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.80 405.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 405.18 Td (\(0.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.80 405.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.00 405.18 Td (\(0.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 405.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 392.13 Td (As retrospectively revised) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 176.35 392.58 Td (...........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.50 392.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 392.18 Td (553.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 392.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.75 392.18 Td (111.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 392.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.00 392.18 Td (\(5.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 392.13 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 69.50 379.13 Td (Year ended December 31, 2015:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 366.13 Td (As previously reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 163.00 366.58 Td (.................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.50 366.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.05 366.13 Td (2,172.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 366.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.75 366.18 Td (433.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 366.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 540.55 366.18 Td (\(26.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 366.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 353.13 Td (Revision) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.35 353.58 Td (......................................................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.00 353.18 Td (\(8.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.80 353.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 353.18 Td (\(8.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.80 353.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.00 353.18 Td (\(5.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 353.13 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.50 340.13 Td (As retrospectively revised) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 176.35 340.58 Td (...........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.50 340.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.05 340.13 Td (2,164.2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 340.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.75 340.18 Td (425.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.50 340.13 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 540.55 340.18 Td (\(31.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.80 340.13 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.59 w 0 i [] 0 d 1 J 1 j 3 M 49.5 309.059375 m 140.6640625 309.059375 l s q 0 0 0 rg BT 49.50 310.20 Td (Additional General Notes:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 290.00 Td (Organic ) Tj ET Q q 0 0 0 rg BT 79.32 290.00 Td (figures ) Tj ET Q q 0 0 0 rg BT 105.14 290.00 Td (exclude ) Tj ET Q q 0 0 0 rg BT 134.52 290.00 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 158.11 290.00 Td (of ) Tj ET Q q 0 0 0 rg BT 166.59 290.00 Td (acquired ) Tj ET Q q 0 0 0 rg BT 199.08 290.00 Td (entities ) Tj ET Q q 0 0 0 rg BT 226.24 290.00 Td (at ) Tj ET Q q 0 0 0 rg BT 234.72 290.00 Td (the ) Tj ET Q q 0 0 0 rg BT 247.65 290.00 Td (date ) Tj ET Q q 0 0 0 rg BT 265.03 290.00 Td (of ) Tj ET Q q 0 0 0 rg BT 273.51 290.00 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 315.34 290.00 Td (but ) Tj ET Q q 0 0 0 rg BT 328.27 290.00 Td (include ) Tj ET Q q 0 0 0 rg BT 355.43 290.00 Td (the ) Tj ET Q q 0 0 0 rg BT 368.36 290.00 Td (impact ) Tj ET Q q 0 0 0 rg BT 393.73 290.00 Td (of ) Tj ET Q q 0 0 0 rg BT 402.21 290.00 Td (changes ) Tj ET Q q 0 0 0 rg BT 434.26 290.00 Td (in ) Tj ET Q q 0 0 0 rg BT 442.30 290.00 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 465.88 290.00 Td (from ) Tj ET Q q 0 0 0 rg BT 483.69 290.00 Td (the ) Tj ET Q q 0 0 0 rg BT 496.62 290.00 Td (date ) Tj ET Q q 0 0 0 rg BT 514.00 290.00 Td (of ) Tj ET Q q 0 0 0 rg BT 522.48 290.00 Td (acquisition. ) Tj ET Q q 0 0 0 rg BT 564.72 290.00 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 280.40 Td (All ) Tj ET Q q 0 0 0 rg BT 60.61 280.40 Td (subscriber/RGU ) Tj ET Q q 0 0 0 rg BT 119.74 280.40 Td (additions ) Tj ET Q q 0 0 0 rg BT 153.98 280.40 Td (or ) Tj ET Q q 0 0 0 rg BT 163.32 280.40 Td (losses ) Tj ET Q q 0 0 0 rg BT 188.22 280.40 Td (refer ) Tj ET Q q 0 0 0 rg BT 206.89 280.40 Td (to ) Tj ET Q q 0 0 0 rg BT 215.79 280.40 Td (net ) Tj ET Q q 0 0 0 rg BT 229.13 280.40 Td (organic ) Tj ET Q q 0 0 0 rg BT 257.59 280.40 Td (changes, ) Tj ET Q q 0 0 0 rg BT 292.28 280.40 Td (unless ) Tj ET Q q 0 0 0 rg BT 317.63 280.40 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 354.09 280.40 Td (noted.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 261.20 Td (As ) Tj ET Q q 0 0 0 rg BT 60.39 261.20 Td (a ) Tj ET Q q 0 0 0 rg BT 66.39 261.20 Td (result ) Tj ET Q q 0 0 0 rg BT 87.50 261.20 Td (of ) Tj ET Q q 0 0 0 rg BT 95.72 261.20 Td (our ) Tj ET Q q 0 0 0 rg BT 108.84 261.20 Td (decision ) Tj ET Q q 0 0 0 rg BT 139.74 261.20 Td (to ) Tj ET Q q 0 0 0 rg BT 147.96 261.20 Td (discontinue ) Tj ET Q q 0 0 0 rg BT 189.98 261.20 Td (our ) Tj ET Q q 0 0 0 rg BT 203.10 261.20 Td (Multi-channel ) Tj ET Q q 0 0 0 rg BT 252.23 261.20 Td (Multipoint ) Tj ET Q q 0 0 0 rg BT 288.02 261.20 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 329.58 261.20 Td (System ) Tj ET Q q 0 0 0 rg BT 357.80 261.20 Td (\(MMDS\) ) Tj ET Q q 0 0 0 rg BT 394.45 261.20 Td (service ) Tj ET Q q 0 0 0 rg BT 421.34 261.20 Td (in ) Tj ET Q q 0 0 0 rg BT 429.12 261.20 Td (Ireland, ) Tj ET Q q 0 0 0 rg BT 457.36 261.20 Td (we ) Tj ET Q q 0 0 0 rg BT 469.13 261.20 Td (have ) Tj ET Q q 0 0 0 rg BT 488.03 261.20 Td (excluded ) Tj ET Q q 0 0 0 rg BT 521.61 261.20 Td (subscribers ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 251.60 Td (to ) Tj ET Q q 0 0 0 rg BT 58.61 251.60 Td (our ) Tj ET Q q 0 0 0 rg BT 72.61 251.60 Td (MMDS ) Tj ET Q q 0 0 0 rg BT 99.48 251.60 Td (service ) Tj ET Q q 0 0 0 rg BT 127.26 251.60 Td (from ) Tj ET Q q 0 0 0 rg BT 145.69 251.60 Td (our ) Tj ET Q q 0 0 0 rg BT 159.69 251.60 Td (externally ) Tj ET Q q 0 0 0 rg BT 196.37 251.60 Td (reported ) Tj ET Q q 0 0 0 rg BT 228.60 251.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 264.39 251.60 Td (statistics ) Tj ET Q q 0 0 0 rg BT 297.50 251.60 Td (ef) Tj ET Q q 0 0 0 rg BT 304.03 251.60 Td (fective ) Tj ET Q q 0 0 0 rg BT 329.58 251.60 Td (January ) Tj ET Q q 0 0 0 rg BT 360.48 251.60 Td (1, ) Tj ET Q q 0 0 0 rg BT 369.59 251.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 392.04 251.60 Td (which ) Tj ET Q q 0 0 0 rg BT 414.93 251.60 Td (resulted ) Tj ET Q q 0 0 0 rg BT 445.83 251.60 Td (in ) Tj ET Q q 0 0 0 rg BT 454.49 251.60 Td (a ) Tj ET Q q 0 0 0 rg BT 461.38 251.60 Td (reduction ) Tj ET Q q 0 0 0 rg BT 496.72 251.60 Td (to ) Tj ET Q q 0 0 0 rg BT 505.83 251.60 Td (Homes ) Tj ET Q q 0 0 0 rg BT 533.60 251.60 Td (Passed, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 242.00 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 75.72 242.00 Td (and ) Tj ET Q q 0 0 0 rg BT 91.29 242.00 Td (Customer ) Tj ET Q q 0 0 0 rg BT 128.19 242.00 Td (Relationships ) Tj ET Q q 0 0 0 rg BT 178.44 242.00 Td (in ) Tj ET Q q 0 0 0 rg BT 186.89 242.00 Td (Ireland ) Tj ET Q q 0 0 0 rg BT 213.57 242.00 Td (and ) Tj ET Q q 0 0 0 rg BT 229.14 242.00 Td (Slovakia ) Tj ET Q q 0 0 0 rg BT 261.61 242.00 Td (of ) Tj ET Q q 0 0 0 rg BT 270.50 242.00 Td (22,200 ) Tj ET Q q 0 0 0 rg BT 297.19 242.00 Td (and ) Tj ET Q q 0 0 0 rg BT 312.76 242.00 Td (500, ) Tj ET Q q 0 0 0 rg BT 330.55 242.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 372.20 242.00 Td (.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 222.80 Td (Most ) Tj ET Q q 0 0 0 rg BT 69.01 222.80 Td (of ) Tj ET Q q 0 0 0 rg BT 77.86 222.80 Td (our ) Tj ET Q q 0 0 0 rg BT 91.59 222.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 132.03 222.80 Td (communications ) Tj ET Q q 0 0 0 rg BT 192.00 222.80 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 236.42 222.80 Td (provide ) Tj ET Q q 0 0 0 rg BT 264.83 222.80 Td (telephony) Tj ET Q q 0 0 0 rg BT 298.93 222.80 Td (, ) Tj ET Q q 0 0 0 rg BT 303.33 222.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 343.76 222.80 Td (internet, ) Tj ET Q q 0 0 0 rg BT 374.85 222.80 Td (data, ) Tj ET Q q 0 0 0 rg BT 394.81 222.80 Td (video ) Tj ET Q q 0 0 0 rg BT 416.11 222.80 Td (or ) Tj ET Q q 0 0 0 rg BT 425.40 222.80 Td (other ) Tj ET Q q 0 0 0 rg BT 445.81 222.80 Td (B2B ) Tj ET Q q 0 0 0 rg BT 463.11 222.80 Td (services. ) Tj ET Q q 0 0 0 rg BT 496.84 222.80 Td (Certain ) Tj ET Q q 0 0 0 rg BT 524.81 222.80 Td (of ) Tj ET Q q 0 0 0 rg BT 533.65 222.80 Td (our ) Tj ET Q q 0 0 0 rg BT 547.39 222.80 Td (B2B ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 213.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 80.61 213.20 Td (is ) Tj ET Q q 0 0 0 rg BT 88.60 213.20 Td (derived ) Tj ET Q q 0 0 0 rg BT 117.04 213.20 Td (from ) Tj ET Q q 0 0 0 rg BT 135.24 213.20 Td (small ) Tj ET Q q 0 0 0 rg BT 156.11 213.20 Td (or ) Tj ET Q q 0 0 0 rg BT 165.43 213.20 Td (home ) Tj ET Q q 0 0 0 rg BT 187.65 213.20 Td (of) Tj ET Q q 0 0 0 rg BT 194.17 213.20 Td (fice ) Tj ET Q q 0 0 0 rg BT 208.83 213.20 Td (\(SOHO\) ) Tj ET Q q 0 0 0 rg BT 245.25 213.20 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 288.35 213.20 Td (that ) Tj ET Q q 0 0 0 rg BT 303.90 213.20 Td (pay ) Tj ET Q q 0 0 0 rg BT 319.00 213.20 Td (a ) Tj ET Q q 0 0 0 rg BT 325.66 213.20 Td (premium ) Tj ET Q q 0 0 0 rg BT 358.98 213.20 Td (price ) Tj ET Q q 0 0 0 rg BT 378.52 213.20 Td (to ) Tj ET Q q 0 0 0 rg BT 387.40 213.20 Td (receive ) Tj ET Q q 0 0 0 rg BT 415.39 213.20 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 452.74 213.20 Td (service ) Tj ET Q q 0 0 0 rg BT 480.28 213.20 Td (levels ) Tj ET Q q 0 0 0 rg BT 502.94 213.20 Td (along ) Tj ET Q q 0 0 0 rg BT 524.72 213.20 Td (with ) Tj ET Q q 0 0 0 rg BT 541.15 213.20 Td (video, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 203.60 Td (internet ) Tj ET Q q 0 0 0 rg BT 78.22 203.60 Td (or ) Tj ET Q q 0 0 0 rg BT 87.38 203.60 Td (telephony ) Tj ET Q q 0 0 0 rg BT 124.11 203.60 Td (services ) Tj ET Q q 0 0 0 rg BT 155.49 203.60 Td (that ) Tj ET Q q 0 0 0 rg BT 170.88 203.60 Td (are ) Tj ET Q q 0 0 0 rg BT 184.48 203.60 Td (the ) Tj ET Q q 0 0 0 rg BT 197.64 203.60 Td (same ) Tj ET Q q 0 0 0 rg BT 219.25 203.60 Td (or ) Tj ET Q q 0 0 0 rg BT 228.40 203.60 Td (similar ) Tj ET Q q 0 0 0 rg BT 253.55 203.60 Td (to ) Tj ET Q q 0 0 0 rg BT 262.26 203.60 Td (the ) Tj ET Q q 0 0 0 rg BT 275.42 203.60 Td (mass ) Tj ET Q q 0 0 0 rg BT 296.58 203.60 Td (marketed ) Tj ET Q q 0 0 0 rg BT 331.97 203.60 Td (products ) Tj ET Q q 0 0 0 rg BT 364.69 203.60 Td (of) Tj ET Q q 0 0 0 rg BT 371.22 203.60 Td (fered ) Tj ET Q q 0 0 0 rg BT 391.49 203.60 Td (to ) Tj ET Q q 0 0 0 rg BT 400.20 203.60 Td (our ) Tj ET Q q 0 0 0 rg BT 413.81 203.60 Td (residential ) Tj ET Q q 0 0 0 rg BT 452.31 203.60 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 497.07 203.60 Td (All ) Tj ET Q q 0 0 0 rg BT 508.00 203.60 Td (mass ) Tj ET Q q 0 0 0 rg BT 529.16 203.60 Td (marketed ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 194.00 Td (products ) Tj ET Q q 0 0 0 rg BT 82.24 194.00 Td (provided ) Tj ET Q q 0 0 0 rg BT 114.99 194.00 Td (to ) Tj ET Q q 0 0 0 rg BT 123.72 194.00 Td (SOHOs, ) Tj ET Q q 0 0 0 rg BT 155.56 194.00 Td (whether ) Tj ET Q q 0 0 0 rg BT 186.09 194.00 Td (or ) Tj ET Q q 0 0 0 rg BT 195.26 194.00 Td (not ) Tj ET Q q 0 0 0 rg BT 208.44 194.00 Td (accompanied ) Tj ET Q q 0 0 0 rg BT 258.09 194.00 Td (by ) Tj ET Q q 0 0 0 rg BT 268.60 194.00 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 305.80 194.00 Td (service ) Tj ET Q q 0 0 0 rg BT 333.20 194.00 Td (levels ) Tj ET Q q 0 0 0 rg BT 355.71 194.00 Td (and/or ) Tj ET Q q 0 0 0 rg BT 380.46 194.00 Td (premium ) Tj ET Q q 0 0 0 rg BT 413.63 194.00 Td (prices, ) Tj ET Q q 0 0 0 rg BT 439.26 194.00 Td (are ) Tj ET Q q 0 0 0 rg BT 452.88 194.00 Td (included ) Tj ET Q q 0 0 0 rg BT 484.74 194.00 Td (in ) Tj ET Q q 0 0 0 rg BT 493.03 194.00 Td (the ) Tj ET Q q 0 0 0 rg BT 506.21 194.00 Td (respective ) Tj ET Q q 0 0 0 rg BT 544.73 194.00 Td (RGU ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 184.40 Td (and ) Tj ET Q q 0 0 0 rg BT 64.99 184.40 Td (customer ) Tj ET Q q 0 0 0 rg BT 100.04 184.40 Td (counts ) Tj ET Q q 0 0 0 rg BT 125.75 184.40 Td (of ) Tj ET Q q 0 0 0 rg BT 134.57 184.40 Td (our ) Tj ET Q q 0 0 0 rg BT 148.27 184.40 Td (broadband ) Tj ET Q q 0 0 0 rg BT 188.68 184.40 Td (communications ) Tj ET Q q 0 0 0 rg BT 248.62 184.40 Td (operations, ) Tj ET Q q 0 0 0 rg BT 290.35 184.40 Td (with ) Tj ET Q q 0 0 0 rg BT 306.72 184.40 Td (only ) Tj ET Q q 0 0 0 rg BT 323.54 184.40 Td (those ) Tj ET Q q 0 0 0 rg BT 345.25 184.40 Td (services ) Tj ET Q q 0 0 0 rg BT 376.74 184.40 Td (provided ) Tj ET Q q 0 0 0 rg BT 409.57 184.40 Td (at ) Tj ET Q q 0 0 0 rg BT 418.39 184.40 Td (premium ) Tj ET Q q 0 0 0 rg BT 451.65 184.40 Td (prices ) Tj ET Q q 0 0 0 rg BT 475.13 184.40 Td (considered ) Tj ET Q q 0 0 0 rg BT 516.41 184.40 Td (to ) Tj ET Q q 0 0 0 rg BT 525.23 184.40 Td (be ) Tj ET Q q 0 0 0 rg BT 536.27 184.40 Td (SOHO ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 174.80 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 75.60 174.80 Td (or ) Tj ET Q q 0 0 0 rg BT 84.36 174.80 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 112.24 174.80 Td (customers. ) Tj ET Q q 0 0 0 rg BT 155.68 174.80 Td (With ) Tj ET Q q 0 0 0 rg BT 173.33 174.80 Td (the ) Tj ET Q q 0 0 0 rg BT 186.11 174.80 Td (exception ) Tj ET Q q 0 0 0 rg BT 222.01 174.80 Td (of ) Tj ET Q q 0 0 0 rg BT 230.33 174.80 Td (our ) Tj ET Q q 0 0 0 rg BT 243.55 174.80 Td (B2B ) Tj ET Q q 0 0 0 rg BT 260.32 174.80 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 285.54 174.80 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 330.31 174.80 Td (we ) Tj ET Q q 0 0 0 rg BT 342.19 174.80 Td (generally ) Tj ET Q q 0 0 0 rg BT 376.31 174.80 Td (do ) Tj ET Q q 0 0 0 rg BT 386.87 174.80 Td (not ) Tj ET Q q 0 0 0 rg BT 399.64 174.80 Td (count ) Tj ET Q q 0 0 0 rg BT 420.86 174.80 Td (customers ) Tj ET Q q 0 0 0 rg BT 459.42 174.80 Td (of ) Tj ET Q q 0 0 0 rg BT 467.74 174.80 Td (B2B ) Tj ET Q q 0 0 0 rg BT 484.52 174.80 Td (services ) Tj ET Q q 0 0 0 rg BT 515.51 174.80 Td (as ) Tj ET Q q 0 0 0 rg BT 525.61 174.80 Td (customers ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 165.20 Td (or ) Tj ET Q q 0 0 0 rg BT 58.84 165.20 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 82.84 165.20 Td (for ) Tj ET Q q 0 0 0 rg BT 94.39 165.20 Td (external ) Tj ET Q q 0 0 0 rg BT 125.08 165.20 Td (reporting ) Tj ET Q q 0 0 0 rg BT 158.88 165.20 Td (purposes. ) Tj ET Q q 0 0 0 rg BT 196.23 165.20 Td ( ) Tj ET Q q 0 0 0 rg BT 198.45 165.20 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 146.00 Td (Certain ) Tj ET Q q 0 0 0 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(solely ) Tj ET Q q 0 0 0 rg BT 312.48 107.60 Td (as ) Tj ET Q q 0 0 0 rg BT 323.47 107.60 Td (a ) Tj ET Q q 0 0 0 rg BT 330.46 107.60 Td (result ) Tj ET Q q 0 0 0 rg BT 352.56 107.60 Td (of ) Tj ET Q q 0 0 0 rg BT 361.77 107.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 394.56 107.60 Td (in ) Tj ET Q q 0 0 0 rg BT 403.33 107.60 Td (rates. ) Tj ET Q q 0 0 0 rg BT 425.88 107.60 Td (In ) Tj ET Q q 0 0 0 rg BT 435.09 107.60 Td (Germany) Tj ET Q q 0 0 0 rg BT 467.39 107.60 Td (, ) Tj ET Q q 0 0 0 rg BT 472.16 107.60 Td (homes ) Tj ET Q q 0 0 0 rg BT 498.71 107.60 Td (passed ) Tj ET Q q 0 0 0 rg BT 527.04 107.60 Td (reflect ) Tj ET Q q 0 0 0 rg BT 551.37 107.60 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 98.00 Td (footprint ) Tj ET Q q 0 0 0 rg BT 80.73 98.00 Td (and ) Tj ET Q q 0 0 0 rg BT 96.40 98.00 Td (two-way ) Tj ET Q q 0 0 0 rg BT 128.06 98.00 Td (homes ) Tj ET Q q 0 0 0 rg BT 154.40 98.00 Td (passed ) Tj ET Q q 0 0 0 rg BT 182.52 98.00 Td (reflect ) Tj ET Q q 0 0 0 rg BT 206.63 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(given ) Tj ET Q q 0 0 0 rg BT 512.61 69.20 Td (balance ) Tj ET Q q 0 0 0 rg BT 542.93 69.20 Td (sheet ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 59.60 Td (date, ) Tj ET Q q 0 0 0 rg BT 69.76 59.60 Td (the ) Tj ET Q q 0 0 0 rg BT 83.35 59.60 Td (variability ) Tj ET Q q 0 0 0 rg BT 119.17 59.60 Td (from ) Tj ET Q q 0 0 0 rg BT 137.64 59.60 Td (country ) Tj ET Q q 0 0 0 rg BT 166.34 59.60 Td (to ) Tj ET Q q 0 0 0 rg BT 175.49 59.60 Td (country ) Tj ET Q q 0 0 0 rg BT 204.19 59.60 Td (in ) Tj ET Q q 0 0 0 rg BT 212.89 59.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 222.46 59.60 Td (the ) Tj ET Q q 0 0 0 rg BT 236.05 59.60 Td (nature ) Tj ET Q q 0 0 0 rg BT 261.21 59.60 Td (and ) Tj ET Q q 0 0 0 rg BT 277.03 59.60 Td (pricing ) Tj ET Q q 0 0 0 rg BT 303.06 59.60 Td (of ) Tj ET Q q 0 0 0 rg BT 312.20 59.60 Td (products ) Tj ET Q q 0 0 0 rg BT 345.36 59.60 Td (and ) Tj ET Q q 0 0 0 rg BT 361.18 59.60 Td (services, ) Tj ET Q q 0 0 0 rg BT 395.21 59.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 406.56 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