%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 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 49.50 687.45 Td (Fiscal 2015 Fixed Income Release) Tj ET Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 356.32 687.45 Td ( ) Tj ET Q q 1 0 0 rg BT 373.50 687.45 Td ( ) Tj ET Q BT /F2 14.00 Tf ET q 1 0 0 rg BT 49.50 670.65 Td ( ) Tj ET Q q 1 0 0 rg BT 85.50 670.65 Td ( ) Tj ET Q q 1 0 0 rg BT 121.50 670.65 Td ( ) Tj ET Q BT /F3 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 657.45 Td (Denver) Tj ET Q q 0 0 0 rg BT 86.19 657.45 Td (, ) Tj ET Q q 0 0 0 rg BT 92.44 657.45 Td (Colorado ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 0.55 w 0 i [] 0 d 1 J 1 j 3 M 143.9169921875 660.02275390625 m 153.51025390625 660.02275390625 l s q 0 0 0 rg BT 143.92 657.45 Td ( ) Tj ET Q q 0 0 0 rg BT 147.11 657.45 Td ( ) Tj ET Q q 0 0 0 rg BT 150.31 657.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.51 657.45 Td ( ) Tj ET Q q 0 0 0 rg BT 156.71 657.45 Td (February ) Tj ET Q q 0 0 0 rg BT 203.92 657.45 Td (15, ) Tj ET Q q 0 0 0 rg BT 222.41 657.45 Td (2016: ) Tj ET Q q 0 0 0 rg BT 253.14 657.45 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 289.35 657.45 Td (Global ) Tj ET Q q 0 0 0 rg BT 324.34 657.45 Td (plc ) Tj ET Q q 0 0 0 rg BT 341.60 657.45 Td (\("Liberty ) Tj ET Q q 0 0 0 rg BT 385.39 657.45 Td (Global"\) ) Tj ET Q q 0 0 0 rg BT 427.95 657.45 Td (\(NASDAQ: ) Tj ET Q q 0 0 0 rg BT 484.32 657.45 Td (LBTY) Tj ET Q q 0 0 0 rg BT 511.01 657.45 Td (A, ) Tj ET Q q 0 0 0 rg BT 524.60 657.45 Td (LBTYB, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 644.25 Td (LBTYK, ) Tj ET Q q 0 0 0 rg BT 93.31 644.25 Td (LILA) Tj ET Q q 0 0 0 rg BT 115.33 644.25 Td ( ) Tj ET Q q 0 0 0 rg BT 121.24 644.25 Td (and ) Tj ET Q q 0 0 0 rg BT 145.50 644.25 Td (LILAK\) ) Tj ET Q q 0 0 0 rg BT 185.03 644.25 Td (is ) Tj ET Q q 0 0 0 rg BT 198.88 644.25 Td (today ) Tj ET Q q 0 0 0 rg BT 231.70 644.25 Td (providing ) Tj ET Q q 0 0 0 rg BT 282.25 644.25 Td (selected, ) Tj ET Q q 0 0 0 rg BT 332.18 644.25 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 391.88 644.25 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 446.11 644.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 492.37 644.25 Td (and ) Tj ET Q q 0 0 0 rg BT 516.63 644.25 Td (operating ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 631.05 Td (information ) Tj ET Q q 0 0 0 rg BT 107.84 631.05 Td (for ) Tj ET Q q 0 0 0 rg BT 124.60 631.05 Td (certain ) Tj ET Q q 0 0 0 rg BT 161.54 631.05 Td (of ) Tj ET Q q 0 0 0 rg BT 174.63 631.05 Td (its ) Tj ET Q q 0 0 0 rg BT 189.56 631.05 Td (fixed-income ) Tj ET Q q 0 0 0 rg BT 255.84 631.05 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 308.07 631.05 Td (groups ) Tj ET Q q 0 0 0 rg BT 345.62 631.05 Td (for ) Tj ET Q q 0 0 0 rg BT 362.38 631.05 Td (the ) Tj ET Q q 0 0 0 rg BT 381.60 631.05 Td (three ) Tj ET Q q 0 0 0 rg BT 410.59 631.05 Td (months ) Tj ET Q q 0 0 0 rg BT 450.59 631.05 Td (\("Q4"\) ) Tj ET Q q 0 0 0 rg BT 484.32 631.05 Td (and ) Tj ET Q q 0 0 0 rg BT 506.60 631.05 Td (year ) Tj ET Q q 0 0 0 rg BT 531.92 631.05 Td (ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 617.85 Td (December ) Tj ET Q q 0 0 0 rg BT 104.02 617.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 123.09 617.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 151.33 617.85 Td (as ) Tj ET Q q 0 0 0 rg BT 166.73 617.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 219.42 617.85 Td (to ) Tj ET Q q 0 0 0 rg BT 232.37 617.85 Td (the ) Tj ET Q q 0 0 0 rg BT 251.44 617.85 Td (results ) Tj ET Q q 0 0 0 rg BT 287.61 617.85 Td (for ) Tj ET Q q 0 0 0 rg BT 304.23 617.85 Td (the ) Tj ET Q q 0 0 0 rg BT 323.30 617.85 Td (same ) Tj ET Q q 0 0 0 rg BT 353.97 617.85 Td (periods ) Tj ET Q q 0 0 0 rg BT 393.83 617.85 Td (in ) Tj ET Q q 0 0 0 rg BT 406.16 617.85 Td (the ) Tj ET Q q 0 0 0 rg BT 425.23 617.85 Td (prior ) Tj ET Q q 0 0 0 rg BT 451.01 617.85 Td (year ) Tj ET Q q 0 0 0 rg BT 476.19 617.85 Td (\(unless ) Tj ET Q q 0 0 0 rg BT 515.43 617.85 Td (otherwise ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 604.65 Td (noted\). ) Tj ET Q q 0 0 0 rg BT 86.63 604.65 Td (The ) Tj ET Q q 0 0 0 rg BT 108.67 604.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 152.11 604.65 Td (and ) Tj ET Q q 0 0 0 rg BT 173.54 604.65 Td (operating ) Tj ET Q q 0 0 0 rg BT 222.50 604.65 Td (information ) Tj ET Q q 0 0 0 rg BT 279.99 604.65 Td (contained ) Tj ET Q q 0 0 0 rg BT 330.78 604.65 Td (herein ) Tj ET Q q 0 0 0 rg BT 364.44 604.65 Td (is ) Tj ET Q q 0 0 0 rg BT 375.47 604.65 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 432.34 604.65 Td (and ) Tj ET Q q 0 0 0 rg BT 453.78 604.65 Td (subject ) Tj ET Q q 0 0 0 rg BT 491.72 604.65 Td (to ) Tj ET Q q 0 0 0 rg BT 503.97 604.65 Td (change. ) Tj ET Q q 0 0 0 rg BT 546.20 604.65 Td (W) Tj ET Q q 0 0 0 rg BT 556.38 604.65 Td (e ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 591.45 Td (expect ) Tj ET Q q 0 0 0 rg BT 85.86 591.45 Td (to ) Tj ET Q q 0 0 0 rg BT 98.99 591.45 Td (issue ) Tj ET Q q 0 0 0 rg BT 128.62 591.45 Td (the ) Tj ET Q q 0 0 0 rg BT 147.86 591.45 Td (December ) Tj ET Q q 0 0 0 rg BT 202.55 591.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 221.80 591.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 250.22 591.45 Td (audited ) Tj ET Q q 0 0 0 rg BT 290.26 591.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 355.98 591.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 400.29 591.45 Td (statements ) Tj ET Q q 0 0 0 rg BT 458.04 591.45 Td (for ) Tj ET Q q 0 0 0 rg BT 474.83 591.45 Td (each ) Tj ET Q q 0 0 0 rg BT 502.63 591.45 Td (of ) Tj ET Q q 0 0 0 rg BT 515.76 591.45 Td (our ) Tj ET Q q 0 0 0 rg BT 535.61 591.45 Td (fixed-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 578.25 Td (income ) Tj ET Q q 0 0 0 rg BT 88.18 578.25 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 139.70 578.25 Td (groups ) Tj ET Q q 0 0 0 rg BT 176.55 578.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 201.77 578.25 Td (to ) Tj ET Q q 0 0 0 rg BT 214.16 578.25 Td (the ) Tj ET Q q 0 0 0 rg BT 232.67 578.25 Td (end ) Tj ET Q q 0 0 0 rg BT 254.24 578.25 Td (of ) Tj ET Q q 0 0 0 rg BT 266.63 578.25 Td (March ) Tj ET Q q 0 0 0 rg BT 300.41 578.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 331.15 578.25 Td (at ) Tj ET Q q 0 0 0 rg BT 343.55 578.25 Td (which ) Tj ET Q q 0 0 0 rg BT 374.89 578.25 Td (time ) Tj ET Q q 0 0 0 rg BT 398.88 578.25 Td (they ) Tj ET Q q 0 0 0 rg BT 422.89 578.25 Td (will ) Tj ET Q q 0 0 0 rg BT 441.39 578.25 Td (be ) Tj ET Q q 0 0 0 rg BT 456.84 578.25 Td (posted ) Tj ET Q q 0 0 0 rg BT 493.08 578.25 Td (to ) Tj ET Q q 0 0 0 rg BT 505.47 578.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.98 578.25 Td (investor ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 565.05 Td (relations ) Tj ET Q q 0 0 0 rg BT 94.48 565.05 Td (section ) Tj ET Q q 0 0 0 rg BT 132.74 565.05 Td (of ) Tj ET Q q 0 0 0 rg BT 145.32 565.05 Td (our ) Tj ET Q q 0 0 0 rg BT 164.62 565.05 Td (website ) Tj ET Q q 0 0 0 rg BT 205.32 565.05 Td (\(www) Tj ET Q q 0 0 0 rg BT 232.21 565.05 Td (.libertyglobal.com\) ) Tj ET Q q 0 0 0 rg BT 324.87 565.05 Td (under ) Tj ET Q q 0 0 0 rg BT 356.40 565.05 Td (the ) Tj ET Q q 0 0 0 rg BT 375.10 565.05 Td ("Fixed ) Tj ET Q q 0 0 0 rg BT 409.31 565.05 Td (Income" ) Tj ET Q q 0 0 0 rg BT 452.69 565.05 Td (heading. ) Tj ET Q q 0 0 0 rg BT 498.30 565.05 Td (Convenience ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 551.85 Td (translations ) Tj ET Q q 0 0 0 rg BT 108.81 551.85 Td (provided ) Tj ET Q q 0 0 0 rg BT 154.06 551.85 Td (herein ) Tj ET Q q 0 0 0 rg BT 187.69 551.85 Td (are ) Tj ET Q q 0 0 0 rg BT 206.65 551.85 Td (calculated ) Tj ET Q q 0 0 0 rg BT 259.24 551.85 Td (as ) Tj ET Q q 0 0 0 rg BT 273.91 551.85 Td (of ) Tj ET Q q 0 0 0 rg BT 286.14 551.85 Td (December ) Tj ET Q q 0 0 0 rg BT 339.94 551.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 358.28 551.85 Td (2015.) Tj ET Q /GS0 gs q 58.00 0 0 37.00 49.50 496.65 cm /I1 Do Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 107.50 496.65 Td (.........................................................................................................Page 2) Tj ET Q BT /F4 16.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 477.45 Td (Delivered 6% Rebased Segment OCF) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 319.56 477.45 Td ( Growth in 2015, with 7% in Q4) Tj ET Q BT /F4 16.00 Tf ET /GS0 gs q 64.00 0 0 54.00 49.50 391.65 cm /I2 Do Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 113.50 391.65 Td (......................................................................................................Page 10) Tj ET Q BT /F4 16.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 372.45 Td (Extending Broadband Speed Leadership with 400 Mbps Bundles) Tj ET Q BT /F4 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 507.60 372.45 Td ( ) Tj ET Q /GS0 gs q 62.00 0 0 22.00 49.50 301.85 cm /I3 Do Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 111.50 301.85 Td (......................................................................................................Page 18) Tj ET Q BT /F4 16.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 282.65 Td (Completed Reorganization; Focus on Customer Experience in 2016) Tj ET Q BT /F4 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 528.88 282.65 Td ( ) Tj ET Q /GS0 gs q 64.00 0 0 51.00 49.50 199.85 cm /I4 Do Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 113.50 199.85 Td (......................................................................................................Page 25) Tj ET Q BT /F4 16.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 180.65 Td (Continued Focus on Product Innovation Is Paying Off ) Tj ET Q BT /F4 16.00 Tf ET /GS0 gs q 88.90 0 0 43.00 49.50 105.85 cm /I5 Do Q BT /F2 14.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 138.50 105.85 Td (...............................................................................................Page 32) Tj ET Q BT /F4 16.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 86.65 Td (Strongest Full-Y) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 163.33 86.65 Td (ear Broadband Subscriber ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 353.96 86.65 Td (Additions in Eight ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 481.75 86.65 Td (Y) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 491.54 86.65 Td (ears ) Tj ET Q BT /F4 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 527.11 86.65 Td ( ) Tj ET Q /GS0 gs q 512.00 0 0 60.00 50.00 719.50 cm /I6 Do Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 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 33.95 Td (2) 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 (V) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 62.48 705.45 Td (irgin Media Reports Preliminary Fiscal 2015 Results) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 674.25 Td (Delivered 6% Rebased Segment OCF Growth in 2015, with 7% in Q4) Tj ET Q BT /F2 16.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.4 0.11372549019607843 0.9098039215686274 rg BT 540.41 674.25 Td ( ) Tj ET Q BT /F2 16.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 645.05 Td (New Build on ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 147.93 645.05 Td (T) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 157.11 645.05 Td (rack; ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 195.34 645.05 Td (Added Over 250,000 Lightning Premises in 2015 ) 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 49.50 621.85 Td (V) Tj ET Q q 0 0 0 rg BT 56.64 621.85 Td (irgin ) Tj ET Q q 0 0 0 rg BT 80.78 621.85 Td (Media ) Tj ET Q q 0 0 0 rg BT 114.10 621.85 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 135.19 621.85 Td (\("V) Tj ET Q q 0 0 0 rg BT 149.90 621.85 Td (irgin ) Tj ET Q q 0 0 0 rg BT 174.04 621.85 Td (Media"\) ) Tj ET Q q 0 0 0 rg BT 214.93 621.85 Td (is ) Tj ET Q q 0 0 0 rg BT 226.23 621.85 Td (the ) Tj ET Q q 0 0 0 rg BT 244.88 621.85 Td (leading ) Tj ET Q q 0 0 0 rg BT 283.72 621.85 Td (cable ) Tj ET Q q 0 0 0 rg BT 313.37 621.85 Td (operator ) Tj ET Q q 0 0 0 rg BT 357.70 621.85 Td (in ) Tj ET Q q 0 0 0 rg BT 369.62 621.85 Td (the ) Tj ET Q q 0 0 0 rg BT 388.27 621.85 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 413.02 621.85 Td (and ) Tj ET Q q 0 0 0 rg BT 434.74 621.85 Td (Ireland, ) Tj ET Q q 0 0 0 rg BT 474.79 621.85 Td (delivering ) Tj ET Q q 0 0 0 rg BT 525.23 621.85 Td (market-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 608.65 Td (leading ) Tj ET Q q 0 0 0 rg BT 89.21 608.65 Td (ultrafast ) Tj ET Q q 0 0 0 rg BT 132.57 608.65 Td (broadband, ) Tj ET Q q 0 0 0 rg BT 192.46 608.65 Td (video ) Tj ET Q q 0 0 0 rg BT 222.98 608.65 Td (and ) Tj ET Q q 0 0 0 rg BT 245.57 608.65 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 293.82 608.65 Td (telephony ) Tj ET Q q 0 0 0 rg BT 345.76 608.65 Td (services ) Tj ET Q q 0 0 0 rg BT 390.33 608.65 Td (to ) Tj ET Q q 0 0 0 rg BT 403.73 608.65 Td (5.6 ) Tj ET Q q 0 0 0 rg BT 423.25 608.65 Td (million ) Tj ET Q q 0 0 0 rg BT 458.66 608.65 Td (cable ) Tj ET Q q 0 0 0 rg BT 489.19 608.65 Td (customers ) Tj ET Q q 0 0 0 rg BT 544.15 608.65 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 595.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 84.96 595.45 Td (services ) Tj ET Q q 0 0 0 rg BT 128.36 595.45 Td (to ) Tj ET Q q 0 0 0 rg BT 140.59 595.45 Td (3.0 ) Tj ET Q q 0 0 0 rg BT 158.94 595.45 Td (million ) Tj ET Q q 0 0 0 rg BT 193.17 595.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 228.63 595.45 Td (subscribers. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 49.50 569.05 Td (Operating and financial highlights) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.34 569.05 Td (*) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 231.62 569.05 Td (:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 542.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 542.65 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 105.95 542.65 Td (performance ) Tj ET Q q 0 0 0 rg BT 170.76 542.65 Td (in ) Tj ET Q q 0 0 0 rg BT 182.37 542.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 209.90 542.65 Td (drove ) Tj ET Q q 0 0 0 rg BT 240.47 542.65 Td (V) Tj ET Q q 0 0 0 rg BT 247.61 542.65 Td (irgin ) Tj ET Q q 0 0 0 rg BT 271.45 542.65 Td (Media ) Tj ET Q q 0 0 0 rg BT 304.47 542.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 351.56 542.65 Td (of ) Tj ET Q q 0 0 0 rg BT 363.79 542.65 Td (77,000 ) Tj ET Q q 0 0 0 rg BT 400.49 542.65 Td (customers) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 451.22 547.90 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 455.20 542.65 Td ( ) Tj ET Q q 0 0 0 rg BT 458.26 542.65 Td (and ) Tj ET Q q 0 0 0 rg BT 479.67 542.65 Td (202,500 ) Tj ET Q q 0 0 0 rg BT 522.48 542.65 Td (RGUs) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 552.43 547.90 Td (2) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 556.40 542.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 527.08 cm /I7 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 529.45 Td (Delivered ) Tj ET Q q 0 0 0 rg BT 167.02 529.45 Td (record ) Tj ET Q q 0 0 0 rg BT 201.26 529.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 249.55 529.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 285.62 529.45 Td (of ) Tj ET Q q 0 0 0 rg BT 297.85 529.45 Td (99,000 ) Tj ET Q q 0 0 0 rg BT 334.55 529.45 Td (in ) Tj ET Q q 0 0 0 rg BT 346.17 529.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 373.70 529.45 Td (and ) Tj ET Q q 0 0 0 rg BT 395.10 529.45 Td (55,000 ) Tj ET Q q 0 0 0 rg BT 431.81 529.45 Td (in ) Tj ET Q q 0 0 0 rg BT 443.42 529.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 461.15 529.45 Td (in ) Tj ET Q q 0 0 0 rg BT 472.77 529.45 Td (the ) Tj ET Q q 0 0 0 rg BT 491.12 529.45 Td (U.K.) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 513.88 cm /I8 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 516.25 Td (Strong ) Tj ET Q q 0 0 0 rg BT 152.97 516.25 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 177.41 516.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 242.22 516.25 Td (assisted ) Tj ET Q q 0 0 0 rg BT 285.63 516.25 Td (by ) Tj ET Q q 0 0 0 rg BT 300.31 516.25 Td (Project ) Tj ET Q q 0 0 0 rg BT 337.60 516.25 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 385.30 516.25 Td (investment) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 126.50 500.68 cm /I9 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.50 503.05 Td (158,000 ) Tj ET Q q 0 0 0 rg BT 196.32 503.05 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 220.77 503.05 Td (internet) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 257.46 508.30 Td (3) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 261.43 503.05 Td ( ) Tj ET Q q 0 0 0 rg BT 264.49 503.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 311.58 503.05 Td (during ) Tj ET Q q 0 0 0 rg BT 345.21 503.05 Td (2015; ) Tj ET Q q 0 0 0 rg BT 375.79 503.05 Td (\(69,000 ) Tj ET Q q 0 0 0 rg BT 416.16 503.05 Td (in ) Tj ET Q q 0 0 0 rg BT 427.78 503.05 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 448.56 503.05 Td (highest ) Tj ET Q q 0 0 0 rg BT 487.09 503.05 Td (since ) Tj ET Q q 0 0 0 rg BT 515.82 503.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 533.55 503.05 Td (2010\)) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 126.50 487.48 cm /I10 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.50 489.85 Td (Record ) Tj ET Q q 0 0 0 rg BT 192.02 489.85 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 216.47 489.85 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 263.54 489.85 Td (telephony) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 311.25 495.10 Td (4) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 315.23 489.85 Td ( ) Tj ET Q q 0 0 0 rg BT 318.28 489.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 365.37 489.85 Td (of ) Tj ET Q q 0 0 0 rg BT 377.60 489.85 Td (94,000 ) Tj ET Q q 0 0 0 rg BT 414.30 489.85 Td (in ) Tj ET Q q 0 0 0 rg BT 425.92 489.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 453.44 489.85 Td (\(56,000 ) Tj ET Q q 0 0 0 rg BT 493.81 489.85 Td (in ) Tj ET Q q 0 0 0 rg BT 505.43 489.85 Td (Q4\)) Tj ET Q BT /F1 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 474.28 cm /I11 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 476.65 Td (Customer ) Tj ET Q q 0 0 0 rg BT 167.31 476.65 Td (churn) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 194.83 481.90 Td (5) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 198.81 476.65 Td ( ) Tj ET Q q 0 0 0 rg BT 200.94 476.65 Td (improved ) Tj ET Q q 0 0 0 rg BT 248.31 476.65 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 321.97 476.65 Td (from ) Tj ET Q q 0 0 0 rg BT 346.10 476.65 Td (14.9% ) Tj ET Q q 0 0 0 rg BT 379.43 476.65 Td (to ) Tj ET Q q 0 0 0 rg BT 390.73 476.65 Td (14.3% ) Tj ET Q q 0 0 0 rg BT 424.06 476.65 Td (in ) Tj ET Q q 0 0 0 rg BT 434.75 476.65 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 454.62 476.65 Td (with ) Tj ET Q q 0 0 0 rg BT 476.31 476.65 Td (the ) Tj ET Q q 0 0 0 rg BT 493.74 476.65 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 517.26 476.65 Td (customer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 463.45 Td (churn ) Tj ET Q q 0 0 0 rg BT 148.07 463.45 Td (improving ) Tj ET Q q 0 0 0 rg BT 198.81 463.45 Td (from ) Tj ET Q q 0 0 0 rg BT 223.87 463.45 Td (14.6% ) Tj ET Q q 0 0 0 rg BT 258.12 463.45 Td (to ) Tj ET Q q 0 0 0 rg BT 270.35 463.45 Td (14.1%) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 447.88 cm /I12 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 450.25 Td (Added ) Tj ET Q q 0 0 0 rg BT 152.36 450.25 Td (159,000 ) Tj ET Q q 0 0 0 rg BT 195.18 450.25 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 239.83 450.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 275.29 450.25 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 334.58 450.25 Td (in ) Tj ET Q q 0 0 0 rg BT 346.20 450.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 373.73 450.25 Td (\(48,000 ) Tj ET Q q 0 0 0 rg BT 414.09 450.25 Td (in ) Tj ET Q q 0 0 0 rg BT 425.71 450.25 Td (Q4\)) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 423.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 423.85 Td (Pace ) Tj ET Q q 0 0 0 rg BT 109.63 423.85 Td (of ) Tj ET Q q 0 0 0 rg BT 121.86 423.85 Td (Project ) Tj ET Q q 0 0 0 rg BT 159.15 423.85 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 206.86 423.85 Td (build ) Tj ET Q q 0 0 0 rg BT 233.15 423.85 Td (accelerating ) Tj ET Q q 0 0 0 rg BT 295.52 423.85 Td (with ) Tj ET Q q 0 0 0 rg BT 318.14 423.85 Td (over ) Tj ET Q q 0 0 0 rg BT 342.59 423.85 Td (40% ) Tj ET Q q 0 0 0 rg BT 367.67 423.85 Td (of ) Tj ET Q q 0 0 0 rg BT 379.90 423.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 407.42 423.85 Td (new ) Tj ET Q q 0 0 0 rg BT 430.66 423.85 Td (premises ) Tj ET Q q 0 0 0 rg BT 478.34 423.85 Td (delivered ) Tj ET Q q 0 0 0 rg BT 526.03 423.85 Td (in ) Tj ET Q q 0 0 0 rg BT 537.65 423.85 Td (Q4) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 408.28 cm /I13 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 410.65 Td (Overall ) Tj ET Q q 0 0 0 rg BT 154.32 410.65 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 187.35 410.65 Td (and ) Tj ET Q q 0 0 0 rg BT 208.17 410.65 Td (penetration ) Tj ET Q q 0 0 0 rg BT 265.68 410.65 Td (in-line ) Tj ET Q q 0 0 0 rg BT 297.50 410.65 Td (with ) Tj ET Q q 0 0 0 rg BT 319.53 410.65 Td (plan ) Tj ET Q q 0 0 0 rg BT 342.79 410.65 Td (but ) Tj ET Q q 0 0 0 rg BT 360.55 410.65 Td (ahead ) Tj ET Q q 0 0 0 rg BT 393.61 410.65 Td (in ) Tj ET Q q 0 0 0 rg BT 404.64 410.65 Td (infill ) Tj ET Q q 0 0 0 rg BT 426.06 410.65 Td (and ) Tj ET Q q 0 0 0 rg BT 446.88 410.65 Td (new ) Tj ET Q q 0 0 0 rg BT 469.53 410.65 Td (development ) Tj ET Q q 0 0 0 rg BT 534.98 410.65 Td (areas ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 395.08 cm /I14 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 397.45 Td (Expect ) Tj ET Q q 0 0 0 rg BT 154.18 397.45 Td (to ) Tj ET Q q 0 0 0 rg BT 166.41 397.45 Td (expand ) Tj ET Q q 0 0 0 rg BT 205.56 397.45 Td (our ) Tj ET Q q 0 0 0 rg BT 224.51 397.45 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 248.96 397.45 Td (footprint ) Tj ET Q q 0 0 0 rg BT 291.77 397.45 Td (by ) Tj ET Q q 0 0 0 rg BT 306.44 397.45 Td (over ) Tj ET Q q 0 0 0 rg BT 330.89 397.45 Td (500,000 ) Tj ET Q q 0 0 0 rg BT 373.71 397.45 Td (premises ) Tj ET Q q 0 0 0 rg BT 421.39 397.45 Td (in ) Tj ET Q q 0 0 0 rg BT 433.01 397.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 460.54 397.45 Td ( ) Tj ET Q q 0 0 0 rg BT 463.59 397.45 Td ( ) Tj ET Q q 0 0 0 rg BT 466.65 397.45 Td ( ) Tj ET Q q 0 0 0 rg BT 469.70 397.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 371.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 371.05 Td (Speed ) Tj ET Q q 0 0 0 rg BT 116.36 371.05 Td (leadership ) Tj ET Q q 0 0 0 rg BT 170.18 371.05 Td (supporting ) Tj ET Q q 0 0 0 rg BT 224.60 371.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 252.10 371.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 288.17 371.05 Td (and ) Tj ET Q q 0 0 0 rg BT 309.58 371.05 Td (our ) Tj ET Q q 0 0 0 rg BT 328.54 371.05 Td (recently ) Tj ET Q q 0 0 0 rg BT 370.11 371.05 Td (implemented ) Tj ET Q q 0 0 0 rg BT 436.14 371.05 Td (price ) Tj ET Q q 0 0 0 rg BT 463.04 371.05 Td (rises ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 355.48 cm /I15 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 357.85 Td (Of) Tj ET Q q 0 0 0 rg BT 128.91 357.85 Td (fering ) Tj ET Q q 0 0 0 rg BT 159.49 357.85 Td (consumers ) Tj ET Q q 0 0 0 rg BT 216.34 357.85 Td (~3x ) Tj ET Q q 0 0 0 rg BT 237.44 357.85 Td (faster ) Tj ET Q q 0 0 0 rg BT 268.00 357.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 323.66 357.85 Td (speeds ) Tj ET Q q 0 0 0 rg BT 362.19 357.85 Td (than ) Tj ET Q q 0 0 0 rg BT 386.66 357.85 Td (our ) Tj ET Q q 0 0 0 rg BT 405.61 357.85 Td (competitors' ) Tj ET Q q 0 0 0 rg BT 467.62 357.85 Td (national ) Tj ET Q q 0 0 0 rg BT 509.21 357.85 Td (services) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 126.50 342.28 cm /I16 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.50 344.65 Td (Our ) Tj ET Q q 0 0 0 rg BT 174.17 344.65 Td (average ) Tj ET Q q 0 0 0 rg BT 216.26 344.65 Td (customer ) Tj ET Q q 0 0 0 rg BT 263.83 344.65 Td (connects ) Tj ET Q q 0 0 0 rg BT 310.20 344.65 Td (5 ) Tj ET Q q 0 0 0 rg BT 318.65 344.65 Td (devices ) Tj ET Q q 0 0 0 rg BT 358.29 344.65 Td (and ) Tj ET Q q 0 0 0 rg BT 378.98 344.65 Td (downloads ) Tj ET Q q 0 0 0 rg BT 433.91 344.65 Td (>1) Tj ET Q q 0 0 0 rg BT 445.63 344.65 Td (10 ) Tj ET Q q 0 0 0 rg BT 460.20 344.65 Td (GB ) Tj ET Q q 0 0 0 rg BT 478.43 344.65 Td (of ) Tj ET Q q 0 0 0 rg BT 489.95 344.65 Td (data ) Tj ET Q q 0 0 0 rg BT 513.69 344.65 Td (per ) Tj ET Q q 0 0 0 rg BT 531.93 344.65 Td (month) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 329.08 cm /I17 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 331.45 Td (Launched ) Tj ET Q q 0 0 0 rg BT 168.59 331.45 Td (300 ) Tj ET Q q 0 0 0 rg BT 189.71 331.45 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 219.38 331.45 Td (for ) Tj ET Q q 0 0 0 rg BT 234.98 331.45 Td (small ) Tj ET Q q 0 0 0 rg BT 263.41 331.45 Td (businesses ) Tj ET Q q 0 0 0 rg BT 321.21 331.45 Td (in ) Tj ET Q q 0 0 0 rg BT 332.54 331.45 Td (the ) Tj ET Q q 0 0 0 rg BT 350.60 331.45 Td (U.K., ) Tj ET Q q 0 0 0 rg BT 377.81 331.45 Td (4x ) Tj ET Q q 0 0 0 rg BT 392.20 331.45 Td (faster ) Tj ET Q q 0 0 0 rg BT 422.48 331.45 Td (than ) Tj ET Q q 0 0 0 rg BT 446.65 331.45 Td (our ) Tj ET Q q 0 0 0 rg BT 465.32 331.45 Td (competitors' ) Tj ET Q q 0 0 0 rg BT 527.04 331.45 Td (speeds) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 305.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 305.05 Td (Acquired ) Tj ET Q q 0 0 0 rg BT 127.97 305.05 Td (Irish ) Tj ET Q q 0 0 0 rg BT 151.81 305.05 Td (commercial ) Tj ET Q q 0 0 0 rg BT 211.09 305.05 Td (broadcaster) Tj ET Q q 0 0 0 rg BT 268.58 305.05 Td (, ) Tj ET Q q 0 0 0 rg BT 274.49 305.05 Td (TV3; ) Tj ET Q q 0 0 0 rg BT 300.77 305.05 Td (appointed ) Tj ET Q q 0 0 0 rg BT 352.15 305.05 Td (new ) Tj ET Q q 0 0 0 rg BT 375.39 305.05 Td (managing ) Tj ET Q q 0 0 0 rg BT 426.76 305.05 Td (director) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 278.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 278.65 Td (In ) Tj ET Q q 0 0 0 rg BT 93.63 278.65 Td (January ) Tj ET Q q 0 0 0 rg BT 135.72 278.65 Td (2016, ) Tj ET Q q 0 0 0 rg BT 166.21 278.65 Td (initiated ) Tj ET Q q 0 0 0 rg BT 207.08 278.65 Td (a ) Tj ET Q q 0 0 0 rg BT 216.15 278.65 Td (reorganisation ) Tj ET Q q 0 0 0 rg BT 288.82 278.65 Td (in ) Tj ET Q q 0 0 0 rg BT 300.34 278.65 Td (the ) Tj ET Q q 0 0 0 rg BT 318.59 278.65 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 342.94 278.65 Td (that ) Tj ET Q q 0 0 0 rg BT 364.25 278.65 Td (could ) Tj ET Q q 0 0 0 rg BT 393.50 278.65 Td (result ) Tj ET Q q 0 0 0 rg BT 423.36 278.65 Td (in ) Tj ET Q q 0 0 0 rg BT 434.88 278.65 Td (around ) Tj ET Q q 0 0 0 rg BT 472.09 278.65 Td (900 ) Tj ET Q q 0 0 0 rg BT 493.40 278.65 Td (redundancies; ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 265.45 Td (this ) Tj ET Q q 0 0 0 rg BT 101.67 265.45 Td (will ) Tj ET Q q 0 0 0 rg BT 120.01 265.45 Td (drive ) Tj ET Q q 0 0 0 rg BT 146.90 265.45 Td (ef) Tj ET Q q 0 0 0 rg BT 155.88 265.45 Td (ficiency ) Tj ET Q q 0 0 0 rg BT 195.61 265.45 Td (and ) Tj ET Q q 0 0 0 rg BT 217.02 265.45 Td (enable ) Tj ET Q q 0 0 0 rg BT 253.11 265.45 Td (us ) Tj ET Q q 0 0 0 rg BT 267.79 265.45 Td (to ) Tj ET Q q 0 0 0 rg BT 280.02 265.45 Td (reinvest ) Tj ET Q q 0 0 0 rg BT 321.59 265.45 Td (in ) Tj ET Q q 0 0 0 rg BT 333.21 265.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 369.28 265.45 Td (initiatives) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 239.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 239.05 Td (Rebased) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 125.53 244.30 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 129.51 239.05 Td ( ) Tj ET Q q 0 0 0 rg BT 132.56 239.05 Td (revenue ) Tj ET Q q 0 0 0 rg BT 175.37 239.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 211.44 239.05 Td (of ) Tj ET Q q 0 0 0 rg BT 223.67 239.05 Td (5% ) Tj ET Q q 0 0 0 rg BT 242.63 239.05 Td (for ) Tj ET Q q 0 0 0 rg BT 258.52 239.05 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 276.25 239.05 Td (\(1,190 ) Tj ET Q q 0 0 0 rg BT 316.62 239.05 Td (million\) ) Tj ET Q q 0 0 0 rg BT 354.51 239.05 Td (and ) Tj ET Q q 0 0 0 rg BT 375.92 239.05 Td (4% ) Tj ET Q q 0 0 0 rg BT 394.87 239.05 Td (in ) Tj ET Q q 0 0 0 rg BT 406.49 239.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 434.02 239.05 Td (\(4,618 ) Tj ET Q q 0 0 0 rg BT 474.38 239.05 Td (million\)) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 223.48 cm /I18 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 225.85 Td (Includes ) Tj ET Q q 0 0 0 rg BT 161.78 225.85 Td (a ) Tj ET Q q 0 0 0 rg BT 171.20 225.85 Td (third ) Tj ET Q q 0 0 0 rg BT 195.91 225.85 Td (consecutive ) Tj ET Q q 0 0 0 rg BT 257.31 225.85 Td (quarter ) Tj ET Q q 0 0 0 rg BT 295.47 225.85 Td (of ) Tj ET Q q 0 0 0 rg BT 307.95 225.85 Td (improved ) Tj ET Q q 0 0 0 rg BT 356.50 225.85 Td (rebased ) Tj ET Q q 0 0 0 rg BT 399.56 225.85 Td (revenue ) Tj ET Q q 0 0 0 rg BT 442.62 225.85 Td (growth ) Tj ET Q q 0 0 0 rg BT 478.94 225.85 Td (in ) Tj ET Q q 0 0 0 rg BT 490.81 225.85 Td (the ) Tj ET Q q 0 0 0 rg BT 509.41 225.85 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 534.11 225.85 Td (of ) Tj ET Q q 0 0 0 rg BT 546.60 225.85 Td (6% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 212.65 Td (for ) Tj ET Q q 0 0 0 rg BT 133.39 212.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 151.12 212.65 Td (and ) Tj ET Q q 0 0 0 rg BT 172.53 212.65 Td (4% ) Tj ET Q q 0 0 0 rg BT 191.49 212.65 Td (in ) Tj ET Q q 0 0 0 rg BT 203.10 212.65 Td (2015) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 186.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 186.25 Td (Rebased ) Tj ET Q q 0 0 0 rg BT 128.59 186.25 Td (Segment ) Tj ET Q q 0 0 0 rg BT 175.67 186.25 Td (OCF) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 198.89 191.50 Td (7) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 202.87 186.25 Td ( ) Tj ET Q q 0 0 0 rg BT 205.92 186.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 242.00 186.25 Td (of ) Tj ET Q q 0 0 0 rg BT 254.23 186.25 Td (7% ) Tj ET Q q 0 0 0 rg BT 273.18 186.25 Td (in ) Tj ET Q q 0 0 0 rg BT 284.80 186.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 302.53 186.25 Td (\(538 ) Tj ET Q q 0 0 0 rg BT 333.72 186.25 Td (million\) ) Tj ET Q q 0 0 0 rg BT 371.61 186.25 Td (and ) Tj ET Q q 0 0 0 rg BT 393.02 186.25 Td (6% ) Tj ET Q q 0 0 0 rg BT 411.97 186.25 Td (in ) Tj ET Q q 0 0 0 rg BT 423.59 186.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 451.12 186.25 Td (\(2,069 ) Tj ET Q q 0 0 0 rg BT 491.48 186.25 Td (million\)) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 170.68 cm /I19 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 173.05 Td (Includes ) Tj ET Q q 0 0 0 rg BT 161.53 173.05 Td (rebased ) Tj ET Q q 0 0 0 rg BT 204.33 173.05 Td (Segment ) Tj ET Q q 0 0 0 rg BT 251.42 173.05 Td (OCF ) Tj ET Q q 0 0 0 rg BT 277.69 173.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 313.77 173.05 Td (of ) Tj ET Q q 0 0 0 rg BT 326.00 173.05 Td (8% ) Tj ET Q q 0 0 0 rg BT 344.95 173.05 Td (in ) Tj ET Q q 0 0 0 rg BT 356.57 173.05 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 374.30 173.05 Td (and ) Tj ET Q q 0 0 0 rg BT 395.71 173.05 Td (7% ) Tj ET Q q 0 0 0 rg BT 414.66 173.05 Td (in ) Tj ET Q q 0 0 0 rg BT 426.28 173.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 453.81 173.05 Td (in ) Tj ET Q q 0 0 0 rg BT 465.42 173.05 Td (the ) Tj ET Q q 0 0 0 rg BT 483.77 173.05 Td (U.K.) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.50 157.48 cm /I20 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 159.85 Td (Segment ) Tj ET Q q 0 0 0 rg BT 164.58 159.85 Td (OCF ) Tj ET Q q 0 0 0 rg BT 190.86 159.85 Td (margin) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 224.48 165.10 Td (8) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 228.46 159.85 Td ( ) Tj ET Q q 0 0 0 rg BT 231.51 159.85 Td (improved ) Tj ET Q q 0 0 0 rg BT 279.81 159.85 Td (1) Tj ET Q q 0 0 0 rg BT 285.11 159.85 Td (10 ) Tj ET Q q 0 0 0 rg BT 300.40 159.85 Td (basis ) Tj ET Q q 0 0 0 rg BT 329.14 159.85 Td (points ) Tj ET Q q 0 0 0 rg BT 361.55 159.85 Td (to ) Tj ET Q q 0 0 0 rg BT 373.78 159.85 Td (44.8% ) Tj ET Q q 0 0 0 rg BT 408.02 159.85 Td (in ) Tj ET Q q 0 0 0 rg BT 419.64 159.85 Td (2015, ) Tj ET Q q 0 0 0 rg BT 450.22 159.85 Td (reaching ) Tj ET Q q 0 0 0 rg BT 495.48 159.85 Td (45.3% ) Tj ET Q q 0 0 0 rg BT 529.72 159.85 Td (in ) Tj ET Q q 0 0 0 rg BT 541.34 159.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 559.07 159.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 132.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 132.45 Td (Operating ) Tj ET Q q 0 0 0 rg BT 132.36 132.45 Td (income ) Tj ET Q q 0 0 0 rg BT 170.88 132.45 Td (of ) Tj ET Q q 0 0 0 rg BT 183.11 132.45 Td (1) Tj ET Q q 0 0 0 rg BT 194.53 132.45 Td (1) Tj ET Q q 0 0 0 rg BT 199.83 132.45 Td (1 ) Tj ET Q q 0 0 0 rg BT 209.00 132.45 Td (million ) Tj ET Q q 0 0 0 rg BT 243.23 132.45 Td (in ) Tj ET Q q 0 0 0 rg BT 254.85 132.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 272.58 132.45 Td (and ) Tj ET Q q 0 0 0 rg BT 293.99 132.45 Td (378 ) Tj ET Q q 0 0 0 rg BT 321.52 132.45 Td (million ) Tj ET Q q 0 0 0 rg BT 355.75 132.45 Td (for ) Tj ET Q q 0 0 0 rg BT 371.64 132.45 Td (2015) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.50 105.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 105.05 Td (Property ) Tj ET Q q 0 0 0 rg BT 125.48 105.05 Td (and ) Tj ET Q q 0 0 0 rg BT 146.24 105.05 Td (equipment ) Tj ET Q q 0 0 0 rg BT 200.02 105.05 Td (additions) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 244.05 110.30 Td (9) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 248.02 105.05 Td ( ) Tj ET Q q 0 0 0 rg BT 250.43 105.05 Td (as ) Tj ET Q q 0 0 0 rg BT 264.46 105.05 Td (a ) Tj ET Q q 0 0 0 rg BT 272.98 105.05 Td (percentage ) Tj ET Q q 0 0 0 rg BT 330.43 105.05 Td (of ) Tj ET Q q 0 0 0 rg BT 342.01 105.05 Td (revenue ) Tj ET Q q 0 0 0 rg BT 384.17 105.05 Td (increased ) Tj ET Q q 0 0 0 rg BT 434.27 105.05 Td (by ) Tj ET Q q 0 0 0 rg BT 448.30 105.05 Td (120 ) Tj ET Q q 0 0 0 rg BT 469.06 105.05 Td (basis ) Tj ET Q q 0 0 0 rg BT 497.15 105.05 Td (points ) Tj ET Q q 0 0 0 rg BT 528.91 105.05 Td (to ) Tj ET Q q 0 0 0 rg BT 540.49 105.05 Td (22% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 91.85 Td (in ) Tj ET Q q 0 0 0 rg BT 93.12 91.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 120.64 91.85 Td (due ) Tj ET Q q 0 0 0 rg BT 142.05 91.85 Td (to ) Tj ET Q q 0 0 0 rg BT 154.28 91.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 187.92 91.85 Td (levels ) Tj ET Q q 0 0 0 rg BT 219.10 91.85 Td (of ) Tj ET Q q 0 0 0 rg BT 231.33 91.85 Td (new ) Tj ET Q q 0 0 0 rg BT 254.56 91.85 Td (build, ) Tj ET Q q 0 0 0 rg BT 283.92 91.85 Td (in ) Tj ET Q q 0 0 0 rg BT 295.53 91.85 Td (line ) Tj ET Q q 0 0 0 rg BT 315.71 91.85 Td (with ) Tj ET Q q 0 0 0 rg BT 338.33 91.85 Td (our ) Tj ET Q q 0 0 0 rg BT 357.28 91.85 Td (guidance ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 81.00 70.05 Td (* ) Tj ET Q q 0 0 0 rg BT 84.43 70.05 Td (The ) Tj ET Q q 0 0 0 rg BT 95.28 70.05 Td (financial ) Tj ET Q q 0 0 0 rg BT 116.83 70.05 Td (figures ) Tj ET Q q 0 0 0 rg BT 134.72 70.05 Td (contained ) Tj ET Q q 0 0 0 rg BT 159.95 70.05 Td (in ) Tj ET Q q 0 0 0 rg BT 165.60 70.05 Td (this ) Tj ET Q q 0 0 0 rg BT 175.54 70.05 Td (release ) Tj ET Q q 0 0 0 rg BT 194.95 70.05 Td (are ) Tj ET Q q 0 0 0 rg BT 204.28 70.05 Td (prepared ) Tj ET Q q 0 0 0 rg BT 227.67 70.05 Td (in ) Tj ET Q q 0 0 0 rg BT 233.32 70.05 Td (accordance ) Tj ET Q q 0 0 0 rg BT 263.13 70.05 Td (with ) Tj ET Q q 0 0 0 rg BT 274.29 70.05 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 286.36 70.05 Td (GAAP) Tj ET Q q 0 0 0 rg BT 300.94 70.05 Td (.) Tj ET Q BT /F2 5.50 Tf ET BT /F2 3.57 Tf ET q 0 0 0 rg BT 302.47 72.67 Td (10) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 306.44 70.05 Td ( ) Tj ET Q q 0 0 0 rg BT 307.82 70.05 Td (During ) Tj ET Q q 0 0 0 rg BT 325.39 70.05 Td (the ) Tj ET Q q 0 0 0 rg BT 334.42 70.05 Td (first ) Tj ET Q q 0 0 0 rg BT 344.65 70.05 Td (quarter ) Tj ET Q q 0 0 0 rg BT 363.45 70.05 Td (of ) Tj ET Q q 0 0 0 rg BT 369.41 70.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 384.55 70.05 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 402.44 70.05 Td (Global ) Tj ET Q q 0 0 0 rg BT 419.71 70.05 Td (undertook ) Tj ET Q q 0 0 0 rg BT 445.55 70.05 Td (various ) Tj ET Q q 0 0 0 rg BT 464.66 70.05 Td (financing ) Tj ET Q q 0 0 0 rg BT 488.05 70.05 Td (transactions ) Tj ET Q q 0 0 0 rg BT 519.08 70.05 Td (in ) Tj ET Q q 0 0 0 rg BT 524.73 70.05 Td (connection ) Tj ET Q q 0 0 0 rg BT 552.71 70.05 Td (with ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 81.00 63.45 Td (certain ) Tj ET Q q 0 0 0 rg BT 98.98 63.45 Td (internal ) Tj ET Q q 0 0 0 rg BT 118.49 63.45 Td (reorganisations ) Tj ET Q q 0 0 0 rg BT 157.56 63.45 Td (of ) Tj ET Q q 0 0 0 rg BT 163.62 63.45 Td (its ) Tj ET Q q 0 0 0 rg BT 170.58 63.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 198.36 63.45 Td (and ) Tj ET Q q 0 0 0 rg BT 209.00 63.45 Td (wireless ) Tj ET Q q 0 0 0 rg BT 230.34 63.45 Td (communications ) Tj ET Q q 0 0 0 rg BT 271.54 63.45 Td (businesses ) Tj ET Q q 0 0 0 rg BT 300.53 63.45 Td (in ) Tj ET Q q 0 0 0 rg BT 306.28 63.45 Td (Europe, ) Tj ET Q q 0 0 0 rg BT 327.01 63.45 Td (including ) Tj ET Q q 0 0 0 rg BT 350.19 63.45 Td (the ) Tj ET Q q 0 0 0 rg BT 359.30 63.45 Td (intragroup ) Tj ET Q q 0 0 0 rg BT 385.54 63.45 Td (transfer ) Tj ET Q q 0 0 0 rg BT 405.66 63.45 Td (of ) Tj ET Q q 0 0 0 rg BT 411.71 63.45 Td (a ) Tj ET Q q 0 0 0 rg BT 416.24 63.45 Td (controlling ) Tj ET Q q 0 0 0 rg BT 442.78 63.45 Td (interest ) Tj ET Q q 0 0 0 rg BT 462.28 63.45 Td (in ) Tj ET Q q 0 0 0 rg BT 468.03 63.45 Td (UPC ) Tj ET Q q 0 0 0 rg BT 481.11 63.45 Td (Broadband ) Tj ET Q q 0 0 0 rg BT 509.49 63.45 Td (Ireland ) Tj ET Q q 0 0 0 rg BT 527.78 63.45 Td (Ltd. ) Tj ET Q q 0 0 0 rg BT 538.42 63.45 Td (from ) Tj ET Q q 0 0 0 rg BT 550.89 63.45 Td (UPC ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 81.00 56.85 Td (Holding ) Tj ET Q q 0 0 0 rg BT 101.25 56.85 Td (B.V) Tj ET Q q 0 0 0 rg BT 109.61 56.85 Td (. ) Tj ET Q q 0 0 0 rg BT 112.74 56.85 Td (to ) Tj ET Q q 0 0 0 rg BT 118.92 56.85 Td (our ) Tj ET Q q 0 0 0 rg BT 128.47 56.85 Td (company) Tj ET Q q 0 0 0 rg BT 150.38 56.85 Td (. ) Tj ET Q q 0 0 0 rg BT 153.51 56.85 Td (W) Tj ET Q q 0 0 0 rg BT 158.60 56.85 Td (e ) Tj ET Q q 0 0 0 rg BT 163.26 56.85 Td (have ) Tj ET Q q 0 0 0 rg BT 176.79 56.85 Td (accounted ) Tj ET Q q 0 0 0 rg BT 203.77 56.85 Td (for ) Tj ET Q q 0 0 0 rg BT 211.78 56.85 Td (this ) Tj ET Q q 0 0 0 rg BT 221.94 56.85 Td (common ) Tj ET Q q 0 0 0 rg BT 244.63 56.85 Td (control ) Tj ET Q q 0 0 0 rg BT 262.74 56.85 Td (transfer ) Tj ET Q q 0 0 0 rg BT 282.98 56.85 Td (at ) Tj ET Q q 0 0 0 rg BT 289.17 56.85 Td (carryover ) Tj ET Q q 0 0 0 rg BT 313.69 56.85 Td (basis ) Tj ET Q q 0 0 0 rg BT 328.13 56.85 Td (and ) Tj ET Q q 0 0 0 rg BT 338.91 56.85 Td (the ) Tj ET Q q 0 0 0 rg BT 348.15 56.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 369.93 56.85 Td (information ) Tj ET Q q 0 0 0 rg BT 398.74 56.85 Td (and ) Tj ET Q q 0 0 0 rg BT 409.52 56.85 Td (operating ) Tj ET Q q 0 0 0 rg BT 434.05 56.85 Td (statistics ) Tj ET Q q 0 0 0 rg BT 456.74 56.85 Td (presented ) Tj ET Q q 0 0 0 rg BT 482.80 56.85 Td (herein ) Tj ET Q q 0 0 0 rg BT 499.69 56.85 Td (have ) Tj ET Q q 0 0 0 rg BT 513.21 56.85 Td (been ) Tj ET Q q 0 0 0 rg BT 527.05 56.85 Td (retrospectively ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 81.00 50.25 Td (revised ) Tj ET Q q 0 0 0 rg BT 100.26 50.25 Td (to ) Tj ET Q q 0 0 0 rg BT 106.38 50.25 Td (give ) Tj ET Q q 0 0 0 rg BT 117.99 50.25 Td (ef) Tj ET Q q 0 0 0 rg BT 122.48 50.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 132.88 50.25 Td (to ) Tj ET Q q 0 0 0 rg BT 138.99 50.25 Td (this ) Tj ET Q q 0 0 0 rg BT 149.08 50.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 177.51 50.25 Td (for ) Tj ET Q q 0 0 0 rg BT 185.46 50.25 Td (all ) Tj ET Q q 0 0 0 rg BT 192.49 50.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 212.06 50.25 Td (presented. ) Tj ET Q /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I21 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 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 230.5 556.35 m 282.5 556.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 556.35 m 338.5 556.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 556.35 m 394.5 556.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 556.35 m 450.5 556.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 556.35 m 506.5 556.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 556.35 m 562.5 556.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 514.35 m 282.5 514.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 501.35 m 282.5 501.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 499.35 m 282.5 499.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 514.35 m 338.5 514.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 501.35 m 338.5 501.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 499.35 m 338.5 499.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 514.35 m 394.5 514.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 501.35 m 394.5 501.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 499.35 m 394.5 499.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 514.35 m 450.5 514.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 501.35 m 450.5 501.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 499.35 m 450.5 499.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 514.35 m 506.5 514.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 501.35 m 506.5 501.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 499.35 m 506.5 499.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 514.35 m 562.5 514.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 501.35 m 562.5 501.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 499.35 m 562.5 499.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 441.35 m 282.5 441.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 441.35 m 338.5 441.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 441.35 m 394.5 441.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 441.35 m 450.5 441.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 441.35 m 506.5 441.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 441.35 m 562.5 441.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 398.35 m 282.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 398.35 m 338.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 398.35 m 394.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 398.35 m 450.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 398.35 m 506.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 398.35 m 562.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 398.35 m 282.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 385.35 m 282.5 385.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 383.35 m 282.5 383.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 398.35 m 338.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 385.35 m 338.5 385.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 383.35 m 338.5 383.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 398.35 m 394.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 385.35 m 394.5 385.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 383.35 m 394.5 383.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 398.35 m 450.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 385.35 m 450.5 385.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 383.35 m 450.5 383.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 398.35 m 506.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 385.35 m 506.5 385.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 383.35 m 506.5 383.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 398.35 m 562.5 398.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 385.35 m 562.5 385.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 383.35 m 562.5 383.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 147.35000000000002 m 282.5 147.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 134.35000000000002 m 282.5 134.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 132.35000000000002 m 282.5 132.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 147.35000000000002 m 338.5 147.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 134.35000000000002 m 338.5 134.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 132.35000000000002 m 338.5 132.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 147.35000000000002 m 394.5 147.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 134.35000000000002 m 394.5 134.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 132.35000000000002 m 394.5 132.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 147.35000000000002 m 450.5 147.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 134.35000000000002 m 450.5 134.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 132.35000000000002 m 450.5 132.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 147.35000000000002 m 506.5 147.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 134.35000000000002 m 506.5 134.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 132.35000000000002 m 506.5 132.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 147.35000000000002 m 562.5 147.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 134.35000000000002 m 562.5 134.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 132.35000000000002 m 562.5 132.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 100.35000000000002 m 282.5 100.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 87.35000000000002 m 282.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 85.35000000000002 m 282.5 85.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 100.35000000000002 m 338.5 100.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 87.35000000000002 m 338.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 85.35000000000002 m 338.5 85.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 100.35000000000002 m 394.5 100.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 87.35000000000002 m 394.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 85.35000000000002 m 394.5 85.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 100.35000000000002 m 450.5 100.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 87.35000000000002 m 450.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 85.35000000000002 m 450.5 85.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 100.35000000000002 m 506.5 100.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 87.35000000000002 m 506.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 85.35000000000002 m 506.5 85.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 100.35000000000002 m 562.5 100.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 87.35000000000002 m 562.5 87.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 85.35000000000002 m 562.5 85.35000000000002 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 286.45 689.75 Td (As of and for the three months ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 301.95 675.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.95 675.75 Td (2014) 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 (1) Tj ET Q BT /F2 5.85 Tf ET q 0 0 0 rg BT 111.85 638.04 Td (1) 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 (12,908,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 633.58 Td (856,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.80 633.63 Td (13,765,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 633.63 Td (12,627,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 633.58 Td (854,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.80 633.63 Td (13,482,200) 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 (12) 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 (12,891,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 619.58 Td (772,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.80 619.63 Td (13,663,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 619.63 Td (12,598,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 619.58 Td (754,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.80 619.63 Td (13,353,300) 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 (2) 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 (13) 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 (32,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 588.58 Td (32,100) 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 (40,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 588.63 Td (40,100) 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 (14) 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 (3,727,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 574.58 Td (311,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 574.63 Td (4,038,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 574.63 Td (3,760,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 574.58 Td (333,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 574.63 Td (4,093,500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 560.75 Td (MMDS) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 75.50 565.04 Td (15) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 86.95 560.30 Td (........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.85 560.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.30 560.58 Td (22,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 560.58 Td (22,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.80 560.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.35 560.63 Td (30,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 560.63 Td (30,200) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 546.75 Td (Total Video) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.45 546.30 Td (.................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 546.58 Td (3,727,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 546.58 Td (365,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 546.63 Td (4,092,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 546.63 Td (3,760,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 546.58 Td (403,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 546.63 Td (4,163,800) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 532.75 Td (Internet) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 78.52 537.04 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 86.95 532.30 Td (........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 532.58 Td (4,694,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 532.58 Td (371,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 532.63 Td (5,066,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 532.63 Td (4,536,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 532.58 Td (363,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 532.63 Td (4,900,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 518.75 Td (T) Tj ET Q q 0 0 0 rg BT 52.50 518.75 Td (elephony) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 89.03 523.04 Td (4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 96.95 518.30 Td (....................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 518.58 Td (4,310,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 518.58 Td (358,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 518.63 Td (4,668,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 518.63 Td (4,216,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 518.58 Td (344,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 518.63 Td (4,560,900) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 504.75 Td (Total RGUs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 106.95 504.30 Td (................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 234.75 504.58 Td (12,732,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.25 504.63 Td (1,094,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.80 504.63 Td (13,827,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.80 504.63 Td (12,513,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 463.25 504.63 Td (1,111,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.80 504.63 Td (13,624,700) 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 48 484.871728515625 m 219.18896484375 484.871728515625 l s q 0 0 0 rg BT 48.00 486.30 Td (Q4 Organic RGU Net Additions \(Losses\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 473.75 Td (Basic Video) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 99.45 473.30 Td (...................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.85 473.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.15 473.58 Td (\(1,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 473.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.15 473.58 Td (\(1,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 473.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.80 473.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.15 473.58 Td (\(2,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 473.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.15 473.58 Td (\(2,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 473.58 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 459.75 Td (Enhanced Video) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 116.95 459.30 Td (............................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.50 459.58 Td (900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.15 459.58 Td (\(7,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 459.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.15 459.58 Td (\(6,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 459.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.30 459.58 Td (21,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.15 459.58 Td (\(2,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 459.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 459.63 Td (18,900) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 445.75 Td (MMDS) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 79.45 445.30 Td (...........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.85 445.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.15 445.58 Td (\(1,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 445.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.15 445.58 Td (\(1,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 445.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.80 445.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.15 445.58 Td (\(1,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 445.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.15 445.58 Td (\(1,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 445.58 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 431.75 Td (Total Video) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.45 431.30 Td (.................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.50 431.58 Td (900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 303.70 431.58 Td (\(10,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 431.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.15 431.58 Td (\(9,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 431.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.30 431.58 Td (21,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.15 431.58 Td (\(6,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 431.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 431.63 Td (15,200) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 416.75 Td (Internet) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 81.95 416.30 Td (..........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.35 416.58 Td (69,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.80 416.63 Td (\(100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 416.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 416.58 Td (69,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.30 416.58 Td (58,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.80 416.63 Td (4,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 416.63 Td (63,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 402.75 Td (Telephony) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 91.95 402.30 Td (......................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.35 402.58 Td (56,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.50 402.63 Td (200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 402.58 Td (56,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.30 402.58 Td (33,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.80 402.63 Td (8,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 402.63 Td (41,100) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 388.75 Td (Total organic RGU net additions \(losses\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 219.45 388.30 Td (...) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.85 388.58 Td (126,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 303.70 388.58 Td (\(10,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 388.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.90 388.58 Td (116,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.90 388.58 Td (113,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.80 388.63 Td (6,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.90 388.58 Td (119,300) 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 48 368.871728515625 m 151.517578125 368.871728515625 l s q 0 0 0 rg BT 48.00 370.30 Td (Customer Relationships) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 357.75 Td (Customer Relationships) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 143.54 362.04 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 149.45 357.30 Td (...............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 357.58 Td (5,115,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.90 357.58 Td (497,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 357.63 Td (5,612,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 357.63 Td (5,016,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.90 357.58 Td (519,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 357.63 Td (5,535,500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 344.30 Td (Q4 Customer Relationship net additions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 335.35 Td (\(losses\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 84.45 335.35 Td (.........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.35 337.58 Td (54,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.15 337.58 Td (\(6,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 337.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 337.58 Td (48,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.30 337.58 Td (44,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.15 337.58 Td (\(3,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 337.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.35 337.63 Td (41,100) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 318.75 Td (RGUs per Customer Relationship) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 184.45 318.30 Td (.................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 318.58 Td (2.49) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.25 318.63 Td (2.20) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 318.63 Td (2.46) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 318.63 Td (2.49) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.25 318.63 Td (2.14) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.25 318.63 Td (2.46) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 305.30 Td (Q4 Monthly ) Tj ET Q q 0 0 0 rg BT 96.02 305.30 Td (ARPU per Customer ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 296.30 Td (Relationship) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 106.53 300.59 Td (16) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 116.95 296.30 Td (............................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.00 296.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.80 296.63 Td (49.74) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.00 296.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.80 296.63 Td (54.37) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.00 296.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.80 296.63 Td (48.80) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.00 296.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.80 296.63 Td (48.96) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.00 296.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.80 296.63 Td (52.97) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.00 296.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.80 296.63 Td (48.29) 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 48 276.871728515625 m 131.49609375 276.871728515625 l s q 0 0 0 rg BT 48.00 278.30 Td (Customer Bundling) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 265.75 Td (Single-Play) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 96.95 265.30 Td (....................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 265.58 Td (16.1) 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 (25.7) 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 (17.0) 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 (16.5) 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 (30.3) 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 (17.8) 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 48.00 251.75 Td (Double-Play) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 101.95 251.30 Td (..................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 251.58 Td (18.8) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 251.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.25 251.63 Td (28.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 251.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 251.63 Td (19.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 251.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 251.63 Td (17.6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 251.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.25 251.63 Td (25.4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 251.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.25 251.63 Td (18.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 251.58 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 237.75 Td (Triple-Play) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 94.45 237.30 Td (.....................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 237.58 Td (65.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 237.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.25 237.63 Td (45.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 237.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 237.63 Td (63.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 237.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 237.63 Td (65.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 237.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.25 237.63 Td (44.3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.85 237.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.25 237.63 Td (63.9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 237.58 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 217.75 Td (Quad-Play) Tj ET Q BT /F2 9.00 Tf ET BT /F2 5.85 Tf ET q 0 0 0 rg BT 90.52 222.04 Td (17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 101.95 217.30 Td (..................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 217.58 Td (17.0) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 217.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.70 217.58 Td (0.7) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.85 217.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 217.63 Td (15.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 217.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.25 217.63 Td (17.1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 217.58 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.85 217.58 Td (n/a) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.25 217.63 Td (15.5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 217.58 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 48.00 199.30 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 48 180.32172851562495 m 131.021484375 180.32172851562495 l s q 0 0 0 rg BT 48.00 181.75 Td (Mobile Subscribers) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 131.02 186.04 Td (18) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 166.75 Td (Postpaid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 86.95 166.30 Td (........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 166.58 Td (2,260,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.80 166.63 Td (7,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 166.63 Td (2,268,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 166.63 Td (2,109,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 166.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 166.63 Td (2,109,400) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 151.75 Td (Prepaid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 81.95 151.30 Td (..........................................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.85 151.58 Td (755,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.80 151.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.90 151.58 Td (755,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.90 151.58 Td (943,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 151.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.90 151.58 Td (943,600) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 137.75 Td (Total Mobile subscribers) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 156.95 137.30 Td (............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.25 137.58 Td (3,016,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.80 137.63 Td (7,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 137.63 Td (3,024,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.25 137.63 Td (3,053,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 137.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 137.63 Td (3,053,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 118.75 Td (Q4 Postpaid net additions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 154.45 118.30 Td (.............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.35 118.58 Td (41,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.80 118.63 Td (6,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 118.58 Td (48,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.30 118.58 Td (35,900) 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 530.35 118.63 Td (35,900) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 104.75 Td (Q4 Prepaid net losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 139.45 104.30 Td (...................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 247.70 104.58 Td (\(52,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 104.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.80 104.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.70 104.58 Td (\(52,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 104.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.70 104.58 Td (\(42,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 104.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 104.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.70 104.58 Td (\(42,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 104.58 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 90.75 Td (Total organic Mobile net additions \(losses\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 247.70 90.58 Td (\(10,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.85 90.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.80 90.63 Td (6,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.15 90.58 Td (\(4,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.85 90.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.15 90.58 Td (\(6,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.85 90.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.85 90.63 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.15 90.58 Td (\(6,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 554.85 90.58 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 48.00 71.75 Td (Q4 Monthly ) Tj ET Q q 0 0 0 rg BT 96.02 71.75 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 76.04 Td (19) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 57.75 Td (Excluding interconnect revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 184.45 57.30 Td (.................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.00 57.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.80 57.63 Td (12.44) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.10 57.58 Td (N.M.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.00 57.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.80 57.63 Td (12.42) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.00 57.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.80 57.63 Td (13.55) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.85 57.58 Td (n/a) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.00 57.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.80 57.63 Td (13.55) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 43.75 Td (Including interconnect revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 181.95 43.30 Td (..................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.00 43.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.80 43.63 Td (14.27) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.10 43.58 Td (N.M.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.00 43.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.80 43.63 Td (14.26) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.00 43.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.80 43.63 Td (15.73) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.85 43.58 Td (n/a) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.00 43.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.80 43.63 Td (15.73) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I22 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 67.64 671.45 Td (following ) Tj ET Q q 0 0 0 rg BT 114.13 671.45 Td (table ) Tj ET Q q 0 0 0 rg BT 141.66 671.45 Td (reflects ) Tj ET Q q 0 0 0 rg BT 180.80 671.45 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 238.28 671.45 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 290.29 671.45 Td (selected ) Tj ET Q q 0 0 0 rg BT 334.94 671.45 Td (financial ) Tj ET Q q 0 0 0 rg BT 378.99 671.45 Td (results ) Tj ET Q q 0 0 0 rg BT 415.07 671.45 Td (for ) Tj ET Q q 0 0 0 rg BT 431.59 671.45 Td (the ) Tj ET Q q 0 0 0 rg BT 450.57 671.45 Td (three ) Tj ET Q q 0 0 0 rg BT 479.32 671.45 Td (months ) Tj ET Q q 0 0 0 rg BT 519.08 671.45 Td (and ) Tj ET Q q 0 0 0 rg BT 541.12 671.45 Td (year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 658.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 78.64 658.25 Td (December ) Tj ET Q q 0 0 0 rg BT 132.44 658.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 150.79 658.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 181.37 658.25 Td (and ) Tj ET Q q 0 0 0 rg BT 202.78 658.25 Td (2014.) 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 230.31 658.25 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 625.75 m 295.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 625.75 m 299.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 625.75 m 352.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 625.75 m 457.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 625.75 m 461.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 625.75 m 514.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 613.75 m 295.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 613.75 m 352.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 613.75 m 400.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 613.75 m 457.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 613.75 m 514.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 613.75 m 562.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 613.75 m 514.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 613.75 m 562.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 547.75 m 295.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 547.75 m 352.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 547.75 m 400.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 547.75 m 457.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 547.75 m 514.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 547.75 m 562.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 547.75 m 514.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 505.75 m 295.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 492.75 m 295.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 490.75 m 295.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 505.75 m 352.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 492.75 m 352.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 490.75 m 352.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 505.75 m 400.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 492.75 m 400.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 490.75 m 400.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 505.75 m 457.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 492.75 m 457.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 490.75 m 457.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 505.75 m 514.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 492.75 m 514.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 490.75 m 514.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 505.75 m 562.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 492.75 m 562.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 490.75 m 562.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 424.75 m 400.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 422.75 m 400.5 422.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 424.75 m 562.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 422.75 m 562.5 422.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 359.75 m 295.5 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 359.75 m 457.5 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 359.75 m 514.5 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 359.75 m 295.5 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 346.75 m 295.5 346.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 344.75 m 295.5 344.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 359.75 m 352.5 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 346.75 m 352.5 346.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 344.75 m 352.5 344.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 359.75 m 457.5 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 346.75 m 457.5 346.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 344.75 m 457.5 344.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 359.75 m 514.5 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 346.75 m 514.5 346.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 344.75 m 514.5 344.75 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 253.70 638.70 Td (Three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 267.70 629.70 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.20 627.15 Td (Rebased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.45 618.15 Td (Change) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.95 638.70 Td (Year ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.70 629.70 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 521.20 627.15 Td (Rebased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 523.45 618.15 Td (Change) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.45 616.70 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.45 616.70 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.45 616.70 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 477.45 616.70 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.70 604.75 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 88.95 565.97 Td (......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.00 565.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.05 566.02 Td (818.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.00 565.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.05 565.97 Td (799.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.80 565.97 Td (3.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.75 565.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.00 565.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.70 565.97 Td (3,242.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.00 565.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.70 565.97 Td (3,182.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.80 565.97 Td (2.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.75 565.97 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 94.50 551.97 Td (....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.05 552.02 Td (112.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.05 551.97 Td (124.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.50 551.97 Td (\(9.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.75 551.97 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.05 551.97 Td (465.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.05 551.97 Td (480.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.50 551.97 Td (\(3.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.75 551.97 Td (%\)) 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 188.95 537.97 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.05 538.02 Td (931.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.05 537.97 Td (923.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.80 537.97 Td (1.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.75 537.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.70 537.97 Td (3,707.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.70 537.97 Td (3,662.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.80 537.97 Td (2.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.75 537.97 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 130.60 523.97 Td (.......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.05 524.02 Td (181.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.05 523.97 Td (160.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.25 523.97 Td (13.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.75 523.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.05 523.97 Td (657.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.05 523.97 Td (617.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.80 523.97 Td (6.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.75 523.97 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 113.95 509.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.60 509.97 Td (77.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.60 509.97 Td (55.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.25 509.97 Td (49.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.75 509.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.05 509.97 Td (253.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.05 509.97 Td (216.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.25 509.97 Td (33.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.75 509.97 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 119.50 495.97 Td (...........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.00 495.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.70 495.97 Td (1,189.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.00 495.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.70 495.97 Td (1,138.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.80 495.97 Td (5.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.75 495.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.00 495.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.70 495.97 Td (4,618.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.00 495.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.70 495.97 Td (4,496.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.80 495.97 Td (3.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.75 495.97 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 69.50 468.97 Td (.............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.00 468.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.70 468.97 Td (1,122.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.00 468.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.70 468.97 Td (1,069.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.80 468.97 Td (5.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.75 468.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.00 468.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.70 468.97 Td (4,359.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.00 468.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.70 468.97 Td (4,213.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.80 468.97 Td (4.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.75 468.97 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 80.60 454.97 Td (.........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.00 454.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.60 454.97 Td (67.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.00 454.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.60 454.97 Td (69.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.50 454.97 Td (\(1.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.75 454.97 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.00 454.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.05 454.97 Td (258.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.00 454.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.05 454.97 Td (283.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.50 454.97 Td (\(0.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.75 454.97 Td (%\)) 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 113.95 427.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.00 427.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.05 428.02 Td (538.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.00 427.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.05 427.97 Td (507.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.80 427.97 Td (7.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.75 427.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.00 427.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.70 427.97 Td (2,069.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.00 427.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.70 427.97 Td (1,965.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.80 427.97 Td (6.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.75 427.97 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 211.20 413.97 Td (..........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.85 413.97 Td (\(6.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.10 413.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.85 413.97 Td (\(6.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 413.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.30 413.97 Td (\(35.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.10 413.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.30 413.97 Td (\(33.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.10 413.97 Td (\)) 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 BT /F2 6.50 Tf ET q 0 0 0 rg BT 218.66 404.74 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 227.85 399.97 Td (....) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.30 400.02 Td (\(24.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.10 399.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.30 399.97 Td (\(12.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 399.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.30 399.97 Td (\(87.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.10 399.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.30 399.97 Td (\(36.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.10 399.97 Td (\)) 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 183.40 385.97 Td (....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.70 385.97 Td (\(393.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.10 385.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.70 385.97 Td (\(386.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 385.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 411.40 385.97 Td (\(1,557.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.10 385.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.40 385.97 Td (\(1,608.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.10 385.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 371.97 Td (Impairment, restructuring and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.00 362.02 Td (operating items, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 147.30 362.02 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.85 364.37 Td (\(2.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.10 364.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.85 364.37 Td (\(0.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 364.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.30 364.37 Td (\(10.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.10 364.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.30 364.37 Td (\(12.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.10 364.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 349.97 Td (Operating income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 136.20 349.97 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.00 349.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.05 350.02 Td (110.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.00 349.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.05 349.97 Td (101.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.00 349.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.05 349.97 Td (377.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.00 349.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.05 349.97 Td (274.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 331.97 Td (Segment OCF as a percentage of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.00 322.02 Td (revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.50 322.02 Td (....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.60 325.37 Td (45.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.10 325.37 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.60 325.37 Td (44.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 325.37 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.60 325.37 Td (44.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.10 325.37 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.60 325.37 Td (43.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.10 325.37 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 299.65 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 45.00 286.45 Td (and reconciles those additions to the capital expenditures that we present in our consolidated statements ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 273.25 Td (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 365.5 240.75 m 412.5 240.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 240.75 m 416.5 240.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 240.75 m 462.5 240.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 240.75 m 512.5 240.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 240.75 m 516.5 240.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 240.75 m 562.5 240.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 227.75 m 412.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 227.75 m 462.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 227.75 m 512.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 227.75 m 562.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 227.75 m 562.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 139.75 m 412.5 139.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 139.75 m 462.5 139.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 139.75 m 512.5 139.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 139.75 m 562.5 139.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 83.75 m 412.5 83.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 70.75 m 412.5 70.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 68.75 m 412.5 68.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 83.75 m 462.5 83.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 70.75 m 462.5 70.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 68.75 m 462.5 68.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 83.75 m 512.5 83.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 70.75 m 512.5 70.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 68.75 m 512.5 68.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 83.75 m 562.5 83.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 70.75 m 562.5 70.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 68.75 m 562.5 68.75 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 370.20 253.70 Td (Three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.20 244.70 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 490.95 253.70 Td (Year ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 484.70 244.70 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.45 231.70 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 428.95 231.70 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 478.95 231.70 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.95 231.70 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.20 218.75 Td (in millions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 199.97 Td (Customer premises equipment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 186.95 199.97 Td (...............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.00 199.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.60 199.97 Td (65.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.00 199.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.60 199.97 Td (66.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 469.00 199.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.05 199.97 Td (285.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.00 199.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.05 199.97 Td (319.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 185.97 Td (Scalable infrastructure) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 150.80 185.97 Td (............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.60 185.97 Td (54.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.60 185.97 Td (49.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.05 185.97 Td (213.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.05 185.97 Td (179.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 171.97 Td (Line extensions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 120.25 171.97 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.60 171.97 Td (53.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.60 171.97 Td (32.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.05 171.97 Td (147.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.05 171.97 Td (104.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 157.97 Td (Upgrade/rebuild) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.05 157.97 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.60 157.97 Td (19.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.60 157.97 Td (24.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.60 157.97 Td (82.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.05 157.97 Td (103.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 143.97 Td (Support capital) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 117.50 143.97 Td (........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.60 143.97 Td (79.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.60 143.97 Td (66.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.05 143.97 Td (269.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.05 143.97 Td (209.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.00 129.97 Td (Property and equipment additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 209.15 129.97 Td (.......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.05 129.97 Td (272.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.05 129.97 Td (238.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.05 129.97 Td (999.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.05 129.97 Td (915.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 115.97 Td (Assets acquired under capital-related vendor financing arrangements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.40 115.97 Td (..) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.70 115.97 Td (\(110.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.10 115.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.30 115.97 Td (\(86.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 115.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.70 115.97 Td (\(380.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.10 115.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.70 115.97 Td (\(220.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.10 115.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 101.97 Td (Assets acquired under capital leases) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 214.70 101.97 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.85 101.97 Td (\(2.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.10 101.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.85 101.97 Td (\(0.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 101.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.30 101.97 Td (\(16.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.10 101.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.30 101.97 Td (\(28.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.10 101.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 87.97 Td (Changes in liabilities related to capital expenditures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.65 87.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.85 87.97 Td (\(2.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.10 87.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.15 87.97 Td (3.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.30 87.97 Td (\(21.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.10 87.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.30 87.97 Td (\(15.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.10 87.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 75.00 73.97 Td (T) Tj ET Q q 0 0 0 rg BT 80.00 73.97 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 78.74 Td (21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.05 73.97 Td (...........................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.00 73.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.05 73.97 Td (156.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.00 73.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.05 73.97 Td (153.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 469.00 73.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.05 73.97 Td (580.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.00 73.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.05 73.97 Td (650.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 48.00 55.97 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 323.10 55.97 Td (..............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.60 55.97 Td (22.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.10 55.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.60 55.97 Td (20.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 55.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.60 55.97 Td (21.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.10 55.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.60 55.97 Td (20.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.10 55.97 Td (%) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I23 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 (The ) Tj ET Q q 0 0 0 rg BT 66.54 685.85 Td (transformation ) Tj ET Q q 0 0 0 rg BT 139.43 685.85 Td (of ) Tj ET Q q 0 0 0 rg BT 151.19 685.85 Td (V) Tj ET Q q 0 0 0 rg BT 158.33 685.85 Td (irgin ) Tj ET Q q 0 0 0 rg BT 181.70 685.85 Td (Media ) Tj ET Q q 0 0 0 rg BT 214.24 685.85 Td (continued ) Tj ET Q q 0 0 0 rg BT 264.53 685.85 Td (in ) Tj ET Q q 0 0 0 rg BT 275.68 685.85 Td (2015. ) Tj ET Q q 0 0 0 rg BT 305.79 685.85 Td (With ) Tj ET Q q 0 0 0 rg BT 330.38 685.85 Td (the ) Tj ET Q q 0 0 0 rg BT 348.25 685.85 Td (launch ) Tj ET Q q 0 0 0 rg BT 383.25 685.85 Td (of ) Tj ET Q q 0 0 0 rg BT 395.01 685.85 Td (Project ) Tj ET Q q 0 0 0 rg BT 431.83 685.85 Td (Lightning, ) Tj ET Q q 0 0 0 rg BT 482.12 685.85 Td (we ) Tj ET Q q 0 0 0 rg BT 498.76 685.85 Td (embarked ) Tj ET Q q 0 0 0 rg BT 550.26 685.85 Td (on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 62.66 672.65 Td (U.K.'s ) Tj ET Q q 0 0 0 rg BT 94.02 672.65 Td (largest, ) Tj ET Q q 0 0 0 rg BT 132.47 672.65 Td (single ) Tj ET Q q 0 0 0 rg BT 163.58 672.65 Td (investment ) Tj ET Q q 0 0 0 rg BT 219.14 672.65 Td (in ) Tj ET Q q 0 0 0 rg BT 230.07 672.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 285.04 672.65 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 351.60 672.65 Td (in ) Tj ET Q q 0 0 0 rg BT 362.53 672.65 Td (more ) Tj ET Q q 0 0 0 rg BT 389.96 672.65 Td (than ) Tj ET Q q 0 0 0 rg BT 413.74 672.65 Td (a ) Tj ET Q q 0 0 0 rg BT 422.23 672.65 Td (decade. ) Tj ET Q q 0 0 0 rg BT 463.74 672.65 Td (Our ) Tj ET Q q 0 0 0 rg BT 484.45 672.65 Td (plan ) Tj ET Q q 0 0 0 rg BT 507.62 672.65 Td (is ) Tj ET Q q 0 0 0 rg BT 517.93 672.65 Td (to ) Tj ET Q q 0 0 0 rg BT 529.47 672.65 Td (extend ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 659.45 Td (our ) Tj ET Q q 0 0 0 rg BT 63.05 659.45 Td (network ) Tj ET Q q 0 0 0 rg BT 103.71 659.45 Td (by ) Tj ET Q q 0 0 0 rg BT 117.48 659.45 Td (4 ) Tj ET Q q 0 0 0 rg BT 125.75 659.45 Td (million ) Tj ET Q q 0 0 0 rg BT 159.07 659.45 Td (to ) Tj ET Q q 0 0 0 rg BT 170.39 659.45 Td (17 ) Tj ET Q q 0 0 0 rg BT 184.78 659.45 Td (million ) Tj ET Q q 0 0 0 rg BT 218.10 659.45 Td (premises ) Tj ET Q q 0 0 0 rg BT 264.87 659.45 Td (in ) Tj ET Q q 0 0 0 rg BT 275.58 659.45 Td (the ) Tj ET Q q 0 0 0 rg BT 293.02 659.45 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 316.56 659.45 Td (by ) Tj ET Q q 0 0 0 rg BT 330.33 659.45 Td (the ) Tj ET Q q 0 0 0 rg BT 347.77 659.45 Td (end ) Tj ET Q q 0 0 0 rg BT 368.27 659.45 Td (of ) Tj ET Q q 0 0 0 rg BT 379.59 659.45 Td (2019. ) Tj ET Q q 0 0 0 rg BT 409.27 659.45 Td (In ) Tj ET Q q 0 0 0 rg BT 420.59 659.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 450.27 659.45 Td (we ) Tj ET Q q 0 0 0 rg BT 466.48 659.45 Td (added ) Tj ET Q q 0 0 0 rg BT 499.22 659.45 Td (over ) Tj ET Q q 0 0 0 rg BT 522.76 659.45 Td (250,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 646.25 Td (premises ) Tj ET Q q 0 0 0 rg BT 92.85 646.25 Td (as ) Tj ET Q q 0 0 0 rg BT 107.69 646.25 Td (part ) Tj ET Q q 0 0 0 rg BT 129.86 646.25 Td (of ) Tj ET Q q 0 0 0 rg BT 142.26 646.25 Td (the ) Tj ET Q q 0 0 0 rg BT 160.78 646.25 Td (project ) Tj ET Q q 0 0 0 rg BT 197.02 646.25 Td (and ) Tj ET Q q 0 0 0 rg BT 218.59 646.25 Td (penetration ) Tj ET Q q 0 0 0 rg BT 276.86 646.25 Td (of ) Tj ET Q q 0 0 0 rg BT 289.25 646.25 Td (these ) Tj ET Q q 0 0 0 rg BT 319.39 646.25 Td (homes ) Tj ET Q q 0 0 0 rg BT 355.63 646.25 Td (is ) Tj ET Q q 0 0 0 rg BT 366.79 646.25 Td (already ) Tj ET Q q 0 0 0 rg BT 406.09 646.25 Td (contributing ) Tj ET Q q 0 0 0 rg BT 466.19 646.25 Td (to ) Tj ET Q q 0 0 0 rg BT 478.58 646.25 Td (improved ) Tj ET Q q 0 0 0 rg BT 527.05 646.25 Td (volume ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 633.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 81.07 633.05 Td (in ) Tj ET Q q 0 0 0 rg BT 92.69 633.05 Td (the ) Tj ET Q q 0 0 0 rg BT 111.04 633.05 Td (U.K.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 609.05 Td (During ) Tj ET Q q 0 0 0 rg BT 79.18 609.05 Td (the ) Tj ET Q q 0 0 0 rg BT 96.24 609.05 Td (year) Tj ET Q q 0 0 0 rg BT 117.03 609.05 Td (, ) Tj ET Q q 0 0 0 rg BT 121.86 609.05 Td (we ) Tj ET Q q 0 0 0 rg BT 137.70 609.05 Td (added ) Tj ET Q q 0 0 0 rg BT 170.06 609.05 Td (77,000 ) Tj ET Q q 0 0 0 rg BT 205.48 609.05 Td (customers ) Tj ET Q q 0 0 0 rg BT 257.98 609.05 Td (and ) Tj ET Q q 0 0 0 rg BT 278.11 609.05 Td (202,500 ) Tj ET Q q 0 0 0 rg BT 319.64 609.05 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 351.36 609.05 Td (in ) Tj ET Q q 0 0 0 rg BT 361.70 609.05 Td (the ) Tj ET Q q 0 0 0 rg BT 378.76 609.05 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 401.93 609.05 Td (and ) Tj ET Q q 0 0 0 rg BT 422.05 609.05 Td (Ireland, ) Tj ET Q q 0 0 0 rg BT 460.52 609.05 Td (with ) Tj ET Q q 0 0 0 rg BT 481.85 609.05 Td (49,000 ) Tj ET Q q 0 0 0 rg BT 517.27 609.05 Td (customer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 595.85 Td (and ) Tj ET Q q 0 0 0 rg BT 66.66 595.85 Td (1) Tj ET Q q 0 0 0 rg BT 71.96 595.85 Td (16,000 ) Tj ET Q q 0 0 0 rg BT 108.92 595.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 136.67 595.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 184.01 595.85 Td (in ) Tj ET Q q 0 0 0 rg BT 195.88 595.85 Td (Q4. ) Tj ET Q q 0 0 0 rg BT 216.92 595.85 Td (Strong ) Tj ET Q q 0 0 0 rg BT 252.63 595.85 Td (customer ) Tj ET Q q 0 0 0 rg BT 301.18 595.85 Td (and ) Tj ET Q q 0 0 0 rg BT 322.84 595.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 350.59 595.85 Td (trends ) Tj ET Q q 0 0 0 rg BT 384.47 595.85 Td (in ) Tj ET Q q 0 0 0 rg BT 396.34 595.85 Td (the ) Tj ET Q q 0 0 0 rg BT 414.94 595.85 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 439.64 595.85 Td (have ) Tj ET Q q 0 0 0 rg BT 466.80 595.85 Td (been ) Tj ET Q q 0 0 0 rg BT 494.58 595.85 Td (partially ) Tj ET Q q 0 0 0 rg BT 535.79 595.85 Td (of) Tj ET Q q 0 0 0 rg BT 544.77 595.85 Td (fset ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 582.65 Td (by ) Tj ET Q q 0 0 0 rg BT 58.57 582.65 Td (attrition ) Tj ET Q q 0 0 0 rg BT 96.60 582.65 Td (in ) Tj ET Q q 0 0 0 rg BT 107.12 582.65 Td (Ireland ) Tj ET Q q 0 0 0 rg BT 142.71 582.65 Td (during ) Tj ET Q q 0 0 0 rg BT 175.25 582.65 Td (2015. ) Tj ET Q q 0 0 0 rg BT 204.73 582.65 Td (Demand ) Tj ET Q q 0 0 0 rg BT 248.26 582.65 Td (for ) Tj ET Q q 0 0 0 rg BT 263.06 582.65 Td (faster ) Tj ET Q q 0 0 0 rg BT 292.52 582.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 347.08 582.65 Td (speeds ) Tj ET Q q 0 0 0 rg BT 384.51 582.65 Td (and ) Tj ET Q q 0 0 0 rg BT 404.82 582.65 Td (our ) Tj ET Q q 0 0 0 rg BT 422.55 582.65 Td (T) Tj ET Q q 0 0 0 rg BT 428.86 582.65 Td (iV) Tj ET Q q 0 0 0 rg BT 438.03 582.65 Td (o ) Tj ET Q q 0 0 0 rg BT 446.11 582.65 Td (and ) Tj ET Q q 0 0 0 rg BT 466.42 582.65 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 506.15 582.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 522.16 582.65 Td (services ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 569.45 Td (remained ) Tj ET Q q 0 0 0 rg BT 94.95 569.45 Td (robust. ) Tj ET Q q 0 0 0 rg BT 132.66 569.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 155.09 569.45 Td (ultrafast ) Tj ET Q q 0 0 0 rg BT 198.30 569.45 Td (speeds ) Tj ET Q q 0 0 0 rg BT 237.86 569.45 Td (of ) Tj ET Q q 0 0 0 rg BT 251.12 569.45 Td (100 ) Tj ET Q q 0 0 0 rg BT 273.56 569.45 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 304.55 569.45 Td (and ) Tj ET Q q 0 0 0 rg BT 326.99 569.45 Td (higher ) Tj ET Q q 0 0 0 rg BT 361.65 569.45 Td (are ) Tj ET Q q 0 0 0 rg BT 381.64 569.45 Td (now ) Tj ET Q q 0 0 0 rg BT 405.91 569.45 Td (taken ) Tj ET Q q 0 0 0 rg BT 436.90 569.45 Td (by ) Tj ET Q q 0 0 0 rg BT 452.61 569.45 Td (45% ) Tj ET Q q 0 0 0 rg BT 478.71 569.45 Td (of ) Tj ET Q q 0 0 0 rg BT 491.97 569.45 Td (our ) Tj ET Q q 0 0 0 rg BT 511.96 569.45 Td (5.1 ) Tj ET Q q 0 0 0 rg BT 531.34 569.45 Td (million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 556.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 100.33 556.25 Td (customers, ) Tj ET Q q 0 0 0 rg BT 156.85 556.25 Td (up ) Tj ET Q q 0 0 0 rg BT 171.81 556.25 Td (from ) Tj ET Q q 0 0 0 rg BT 196.54 556.25 Td (31% ) Tj ET Q q 0 0 0 rg BT 221.28 556.25 Td (at ) Tj ET Q q 0 0 0 rg BT 233.18 556.25 Td (the ) Tj ET Q q 0 0 0 rg BT 251.20 556.25 Td (end ) Tj ET Q q 0 0 0 rg BT 272.28 556.25 Td (of ) Tj ET Q q 0 0 0 rg BT 284.18 556.25 Td (2014. ) Tj ET Q q 0 0 0 rg BT 314.43 556.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 335.50 556.25 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 387.77 556.25 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 454.69 556.25 Td (to ) Tj ET Q q 0 0 0 rg BT 466.41 556.25 Td (T) Tj ET Q q 0 0 0 rg BT 472.72 556.25 Td (iV) Tj ET Q q 0 0 0 rg BT 481.90 556.25 Td (o ) Tj ET Q q 0 0 0 rg BT 490.74 556.25 Td (in ) Tj ET Q q 0 0 0 rg BT 502.03 556.25 Td (the ) Tj ET Q q 0 0 0 rg BT 520.05 556.25 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 544.17 556.25 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 543.05 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 85.14 543.05 Td (in ) Tj ET Q q 0 0 0 rg BT 95.94 543.05 Td (Ireland, ) Tj ET Q q 0 0 0 rg BT 134.87 543.05 Td (increased ) Tj ET Q q 0 0 0 rg BT 184.80 543.05 Td (by ) Tj ET Q q 0 0 0 rg BT 198.66 543.05 Td (390,000 ) Tj ET Q q 0 0 0 rg BT 240.66 543.05 Td (in ) Tj ET Q q 0 0 0 rg BT 251.46 543.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 278.17 543.05 Td (and ) Tj ET Q q 0 0 0 rg BT 298.76 543.05 Td (82,000 ) Tj ET Q q 0 0 0 rg BT 334.64 543.05 Td (in ) Tj ET Q q 0 0 0 rg BT 345.44 543.05 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 365.41 543.05 Td (now ) Tj ET Q q 0 0 0 rg BT 387.83 543.05 Td (representing ) Tj ET Q q 0 0 0 rg BT 451.22 543.05 Td (75.5% ) Tj ET Q q 0 0 0 rg BT 484.65 543.05 Td (of ) Tj ET Q q 0 0 0 rg BT 496.06 543.05 Td (our ) Tj ET Q q 0 0 0 rg BT 514.19 543.05 Td (enhanced ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 529.85 Td (video ) Tj ET Q q 0 0 0 rg BT 74.47 529.85 Td (RGUs. ) Tj ET Q q 0 0 0 rg BT 110.64 529.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 132.15 529.85 Td (churn ) Tj ET Q q 0 0 0 rg BT 162.83 529.85 Td (decreased ) Tj ET Q q 0 0 0 rg BT 217.37 529.85 Td (from ) Tj ET Q q 0 0 0 rg BT 242.54 529.85 Td (14.9% ) Tj ET Q q 0 0 0 rg BT 276.91 529.85 Td (in ) Tj ET Q q 0 0 0 rg BT 288.64 529.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 306.48 529.85 Td (2014 ) Tj ET Q q 0 0 0 rg BT 334.12 529.85 Td (to ) Tj ET Q q 0 0 0 rg BT 346.47 529.85 Td (14.3% ) Tj ET Q q 0 0 0 rg BT 380.83 529.85 Td (in ) Tj ET Q q 0 0 0 rg BT 392.56 529.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 410.41 529.85 Td (2015, ) Tj ET Q q 0 0 0 rg BT 441.10 529.85 Td (and ) Tj ET Q q 0 0 0 rg BT 462.63 529.85 Td (our ) Tj ET Q q 0 0 0 rg BT 481.07 529.85 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 514.80 529.85 Td (increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 516.65 Td (2% ) Tj ET Q q 0 0 0 rg BT 63.95 516.65 Td (to ) Tj ET Q q 0 0 0 rg BT 76.18 516.65 Td (48.80 ) Tj ET Q q 0 0 0 rg BT 112.89 516.65 Td (on ) Tj ET Q q 0 0 0 rg BT 128.18 516.65 Td (an ) Tj ET Q q 0 0 0 rg BT 143.47 516.65 Td (FX-neutral) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 194.82 521.90 Td (22) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 202.77 516.65 Td ( ) Tj ET Q q 0 0 0 rg BT 205.83 516.65 Td (basis.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 492.65 Td (In ) Tj ET Q q 0 0 0 rg BT 56.83 492.65 Td (terms ) Tj ET Q q 0 0 0 rg BT 87.00 492.65 Td (of ) Tj ET Q q 0 0 0 rg BT 98.83 492.65 Td (our ) Tj ET Q q 0 0 0 rg BT 117.39 492.65 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 141.44 492.65 Td (performance, ) Tj ET Q q 0 0 0 rg BT 208.91 492.65 Td (we ) Tj ET Q q 0 0 0 rg BT 225.63 492.65 Td (achieved ) Tj ET Q q 0 0 0 rg BT 272.33 492.65 Td (record ) Tj ET Q q 0 0 0 rg BT 306.17 492.65 Td (customer ) Tj ET Q q 0 0 0 rg BT 354.06 492.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 389.74 492.65 Td (of ) Tj ET Q q 0 0 0 rg BT 401.57 492.65 Td (55,000 ) Tj ET Q q 0 0 0 rg BT 437.88 492.65 Td (in ) Tj ET Q q 0 0 0 rg BT 449.10 492.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 466.43 492.65 Td (and ) Tj ET Q q 0 0 0 rg BT 487.45 492.65 Td (99,000 ) Tj ET Q q 0 0 0 rg BT 523.75 492.65 Td (in ) Tj ET Q q 0 0 0 rg BT 534.98 492.65 Td (2015, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 479.45 Td (which ) Tj ET Q q 0 0 0 rg BT 77.03 479.45 Td (is ) Tj ET Q q 0 0 0 rg BT 88.89 479.45 Td (22,000 ) Tj ET Q q 0 0 0 rg BT 126.44 479.45 Td (higher ) Tj ET Q q 0 0 0 rg BT 160.93 479.45 Td (than ) Tj ET Q q 0 0 0 rg BT 186.25 479.45 Td (our ) Tj ET Q q 0 0 0 rg BT 206.06 479.45 Td (organic ) Tj ET Q q 0 0 0 rg BT 246.05 479.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 295.20 479.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 340.69 479.45 Td (in ) Tj ET Q q 0 0 0 rg BT 353.16 479.45 Td (2014. ) Tj ET Q q 0 0 0 rg BT 384.60 479.45 Td (Our ) Tj ET Q q 0 0 0 rg BT 406.85 479.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 425.43 479.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 453.79 479.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 501.73 479.45 Td (improved ) Tj ET Q q 0 0 0 rg BT 550.88 479.45 Td (by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 466.25 Td (13,000 ) Tj ET Q q 0 0 0 rg BT 83.42 466.25 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 159.71 466.25 Td (to ) Tj ET Q q 0 0 0 rg BT 173.66 466.25 Td (126,000, ) Tj ET Q q 0 0 0 rg BT 221.26 466.25 Td (while ) Tj ET Q q 0 0 0 rg BT 251.10 466.25 Td (our ) Tj ET Q q 0 0 0 rg BT 271.77 466.25 Td (full-year ) Tj ET Q q 0 0 0 rg BT 315.67 466.25 Td (RGU ) Tj ET Q q 0 0 0 rg BT 344.89 466.25 Td (gain ) Tj ET Q q 0 0 0 rg BT 370.46 466.25 Td (of ) Tj ET Q q 0 0 0 rg BT 384.41 466.25 Td (219,000 ) Tj ET Q q 0 0 0 rg BT 428.94 466.25 Td (was ) Tj ET Q q 0 0 0 rg BT 453.28 466.25 Td (comprised ) Tj ET Q q 0 0 0 rg BT 508.79 466.25 Td (of ) Tj ET Q q 0 0 0 rg BT 522.74 466.25 Td (158,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 453.05 Td (broadband ) Tj ET Q q 0 0 0 rg BT 103.51 453.05 Td (additions, ) Tj ET Q q 0 0 0 rg BT 156.50 453.05 Td (94,000 ) Tj ET Q q 0 0 0 rg BT 196.04 453.05 Td (telephony ) Tj ET Q q 0 0 0 rg BT 249.65 453.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 299.59 453.05 Td (and ) Tj ET Q q 0 0 0 rg BT 323.46 453.05 Td (TV ) Tj ET Q q 0 0 0 rg BT 343.42 453.05 Td (attrition ) Tj ET Q q 0 0 0 rg BT 385.39 453.05 Td (of ) Tj ET Q q 0 0 0 rg BT 400.47 453.05 Td (33,000 ) Tj ET Q q 0 0 0 rg BT 440.01 453.05 Td (RGUs. ) Tj ET Q q 0 0 0 rg BT 478.53 453.05 Td (The ) Tj ET Q q 0 0 0 rg BT 503.39 453.05 Td (trend ) Tj ET Q q 0 0 0 rg BT 534.36 453.05 Td (in ) Tj ET Q q 0 0 0 rg BT 548.44 453.05 Td (TV ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 439.85 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 113.21 439.85 Td (was ) Tj ET Q q 0 0 0 rg BT 136.78 439.85 Td (partially ) Tj ET Q q 0 0 0 rg BT 178.69 439.85 Td (impacted ) Tj ET Q q 0 0 0 rg BT 227.34 439.85 Td (by ) Tj ET Q q 0 0 0 rg BT 242.97 439.85 Td (elevated ) Tj ET Q q 0 0 0 rg BT 288.31 439.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 306.37 439.85 Td (churn ) Tj ET Q q 0 0 0 rg BT 337.90 439.85 Td (following ) Tj ET Q q 0 0 0 rg BT 384.72 439.85 Td (our ) Tj ET Q q 0 0 0 rg BT 404.63 439.85 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 423.05 439.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 441.12 439.85 Td (XL) Tj ET Q q 0 0 0 rg BT 454.16 439.85 Td ( ) Tj ET Q q 0 0 0 rg BT 458.17 439.85 Td (price ) Tj ET Q q 0 0 0 rg BT 486.03 439.85 Td (rise, ) Tj ET Q q 0 0 0 rg BT 510.82 439.85 Td (which ) Tj ET Q q 0 0 0 rg BT 542.95 439.85 Td (was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 426.65 Td (implemented ) Tj ET Q q 0 0 0 rg BT 111.69 426.65 Td (to ) Tj ET Q q 0 0 0 rg BT 124.57 426.65 Td (recoup ) Tj ET Q q 0 0 0 rg BT 161.91 426.65 Td (a ) Tj ET Q q 0 0 0 rg BT 171.74 426.65 Td (portion ) Tj ET Q q 0 0 0 rg BT 209.08 426.65 Td (of ) Tj ET Q q 0 0 0 rg BT 221.97 426.65 Td (our ) Tj ET Q q 0 0 0 rg BT 241.58 426.65 Td (investment ) Tj ET Q q 0 0 0 rg BT 298.48 426.65 Td (in ) Tj ET Q q 0 0 0 rg BT 310.75 426.65 Td (BT) Tj ET Q q 0 0 0 rg BT 324.61 426.65 Td ( ) Tj ET Q q 0 0 0 rg BT 328.32 426.65 Td (Sport ) Tj ET Q q 0 0 0 rg BT 358.32 426.65 Td (Europe. ) Tj ET Q q 0 0 0 rg BT 400.31 426.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 418.08 426.65 Td (disconnects ) Tj ET Q q 0 0 0 rg BT 479.88 426.65 Td (returned ) Tj ET Q q 0 0 0 rg BT 524.56 426.65 Td (to ) Tj ET Q q 0 0 0 rg BT 537.44 426.65 Td (more ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 413.45 Td (normalised ) Tj ET Q q 0 0 0 rg BT 101.27 413.45 Td (levels ) Tj ET Q q 0 0 0 rg BT 131.86 413.45 Td (in ) Tj ET Q q 0 0 0 rg BT 142.89 413.45 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 163.09 413.45 Td (leading ) Tj ET Q q 0 0 0 rg BT 201.03 413.45 Td (to ) Tj ET Q q 0 0 0 rg BT 212.68 413.45 Td (a ) Tj ET Q q 0 0 0 rg BT 221.26 413.45 Td (sequential ) Tj ET Q q 0 0 0 rg BT 273.88 413.45 Td (improvement ) Tj ET Q q 0 0 0 rg BT 339.93 413.45 Td (in ) Tj ET Q q 0 0 0 rg BT 350.80 413.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 367.32 413.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 394.23 413.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 429.72 413.45 Td (in ) Tj ET Q q 0 0 0 rg BT 440.75 413.45 Td (line ) Tj ET Q q 0 0 0 rg BT 460.34 413.45 Td (with ) Tj ET Q q 0 0 0 rg BT 482.37 413.45 Td (seasonal ) Tj ET Q q 0 0 0 rg BT 528.87 413.45 Td (trends. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 400.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 65.66 400.25 Td (autumn ) Tj ET Q q 0 0 0 rg BT 104.68 400.25 Td (and ) Tj ET Q q 0 0 0 rg BT 125.36 400.25 Td (winter ) Tj ET Q q 0 0 0 rg BT 157.03 400.25 Td (marketing ) Tj ET Q q 0 0 0 rg BT 207.65 400.25 Td (campaigns ) Tj ET Q q 0 0 0 rg BT 263.17 400.25 Td (centred ) Tj ET Q q 0 0 0 rg BT 302.19 400.25 Td (around ) Tj ET Q q 0 0 0 rg BT 338.77 400.25 Td (our ) Tj ET Q q 0 0 0 rg BT 356.99 400.25 Td (superior ) Tj ET Q q 0 0 0 rg BT 399.06 400.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 453.99 400.25 Td (speeds ) Tj ET Q q 0 0 0 rg BT 491.79 400.25 Td (and ) Tj ET Q q 0 0 0 rg BT 512.47 400.25 Td (the ) Tj ET Q q 0 0 0 rg BT 530.09 400.25 Td (launch ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 387.05 Td (of ) Tj ET Q q 0 0 0 rg BT 56.91 387.05 Td (our ) Tj ET Q q 0 0 0 rg BT 75.54 387.05 Td (V) Tj ET Q q 0 0 0 rg BT 82.68 387.05 Td (irgin ) Tj ET Q q 0 0 0 rg BT 106.20 387.05 Td (V) Tj ET Q q 0 0 0 rg BT 113.34 387.05 Td (ivid ) Tj ET Q q 0 0 0 rg BT 132.58 387.05 Td (200 ) Tj ET Q q 0 0 0 rg BT 153.67 387.05 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 183.30 387.05 Td (service, ) Tj ET Q q 0 0 0 rg BT 223.94 387.05 Td (which, ) Tj ET Q q 0 0 0 rg BT 257.85 387.05 Td (along ) Tj ET Q q 0 0 0 rg BT 287.50 387.05 Td (with ) Tj ET Q q 0 0 0 rg BT 309.80 387.05 Td (the ) Tj ET Q q 0 0 0 rg BT 327.83 387.05 Td (start ) Tj ET Q q 0 0 0 rg BT 351.95 387.05 Td (of ) Tj ET Q q 0 0 0 rg BT 363.86 387.05 Td (our ) Tj ET Q q 0 0 0 rg BT 382.50 387.05 Td (new ) Tj ET Q q 0 0 0 rg BT 405.41 387.05 Td (build ) Tj ET Q q 0 0 0 rg BT 431.39 387.05 Td (programme, ) Tj ET Q q 0 0 0 rg BT 493.42 387.05 Td (have ) Tj ET Q q 0 0 0 rg BT 520.01 387.05 Td (been ) Tj ET Q q 0 0 0 rg BT 547.21 387.05 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 373.85 Td (key ) Tj ET Q q 0 0 0 rg BT 64.92 373.85 Td (drivers ) Tj ET Q q 0 0 0 rg BT 100.72 373.85 Td (of ) Tj ET Q q 0 0 0 rg BT 112.70 373.85 Td (our ) Tj ET Q q 0 0 0 rg BT 131.40 373.85 Td (improved ) Tj ET Q q 0 0 0 rg BT 179.44 373.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 234.85 373.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 262.09 373.85 Td (performance. ) Tj ET Q q 0 0 0 rg BT 329.70 373.85 Td (During ) Tj ET Q q 0 0 0 rg BT 364.90 373.85 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 385.43 373.85 Td (we ) Tj ET Q q 0 0 0 rg BT 402.30 373.85 Td (began ) Tj ET Q q 0 0 0 rg BT 435.69 373.85 Td (of) Tj ET Q q 0 0 0 rg BT 444.66 373.85 Td (fering ) Tj ET Q q 0 0 0 rg BT 474.98 373.85 Td (our ) Tj ET Q q 0 0 0 rg BT 493.68 373.85 Td (customers ) Tj ET Q q 0 0 0 rg BT 547.21 373.85 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 360.65 Td (ability ) Tj ET Q q 0 0 0 rg BT 76.60 360.65 Td (to ) Tj ET Q q 0 0 0 rg BT 89.25 360.65 Td (opt-in ) Tj ET Q q 0 0 0 rg BT 120.24 360.65 Td (to ) Tj ET Q q 0 0 0 rg BT 132.88 360.65 Td (a ) Tj ET Q q 0 0 0 rg BT 142.48 360.65 Td (speed ) Tj ET Q q 0 0 0 rg BT 175.92 360.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 220.97 360.65 Td (of ) Tj ET Q q 0 0 0 rg BT 233.62 360.65 Td (between ) Tj ET Q q 0 0 0 rg BT 278.68 360.65 Td (20 ) Tj ET Q q 0 0 0 rg BT 294.39 360.65 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 324.76 360.65 Td (and ) Tj ET Q q 0 0 0 rg BT 346.59 360.65 Td (50 ) Tj ET Q q 0 0 0 rg BT 362.30 360.65 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 392.67 360.65 Td (on ) Tj ET Q q 0 0 0 rg BT 408.38 360.65 Td (top ) Tj ET Q q 0 0 0 rg BT 427.15 360.65 Td (of ) Tj ET Q q 0 0 0 rg BT 439.80 360.65 Td (their ) Tj ET Q q 0 0 0 rg BT 464.67 360.65 Td (existing ) Tj ET Q q 0 0 0 rg BT 505.44 360.65 Td (speed. ) Tj ET Q q 0 0 0 rg BT 541.71 360.65 Td (This ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 347.45 Td (speed ) Tj ET Q q 0 0 0 rg BT 79.00 347.45 Td (enhancement ) Tj ET Q q 0 0 0 rg BT 149.69 347.45 Td (has ) Tj ET Q q 0 0 0 rg BT 171.45 347.45 Td (helped ) Tj ET Q q 0 0 0 rg BT 208.51 347.45 Td (underpin ) Tj ET Q q 0 0 0 rg BT 255.35 347.45 Td (our ) Tj ET Q q 0 0 0 rg BT 275.28 347.45 Td (average ) Tj ET Q q 0 0 0 rg BT 319.06 347.45 Td (5.4% ) Tj ET Q q 0 0 0 rg BT 348.16 347.45 Td (price ) Tj ET Q q 0 0 0 rg BT 376.03 347.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 421.63 347.45 Td (for ) Tj ET Q q 0 0 0 rg BT 438.50 347.45 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 463.92 347.45 Td (customers, ) Tj ET Q q 0 0 0 rg BT 521.74 347.45 Td (ef) Tj ET Q q 0 0 0 rg BT 530.71 347.45 Td (fective ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 334.25 Td (February ) Tj ET Q q 0 0 0 rg BT 92.07 334.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 104.30 334.25 Td (2016. ) Tj ET Q q 0 0 0 rg BT 134.89 334.25 Td ( ) Tj ET Q q 0 0 0 rg BT 137.94 334.25 Td ( ) Tj ET Q q 0 0 0 rg BT 141.00 334.25 Td ( ) Tj ET Q q 0 0 0 rg BT 144.05 334.25 Td ( ) Tj ET Q q 0 0 0 rg BT 147.11 334.25 Td ( ) Tj ET Q q 0 0 0 rg BT 150.17 334.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 310.25 Td (T) Tj ET Q q 0 0 0 rg BT 51.31 310.25 Td (urning ) Tj ET Q q 0 0 0 rg BT 86.33 310.25 Td (to ) Tj ET Q q 0 0 0 rg BT 99.95 310.25 Td (Ireland, ) Tj ET Q q 0 0 0 rg BT 141.08 310.25 Td (we ) Tj ET Q q 0 0 0 rg BT 159.59 310.25 Td (saw ) Tj ET Q q 0 0 0 rg BT 183.59 310.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 236.95 310.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 282.99 310.25 Td (to ) Tj ET Q q 0 0 0 rg BT 296.60 310.25 Td (the ) Tj ET Q q 0 0 0 rg BT 316.34 310.25 Td (competitive ) Tj ET Q q 0 0 0 rg BT 376.42 310.25 Td (dynamics ) Tj ET Q q 0 0 0 rg BT 427.32 310.25 Td (in ) Tj ET Q q 0 0 0 rg BT 440.33 310.25 Td (this ) Tj ET Q q 0 0 0 rg BT 461.89 310.25 Td (market ) Tj ET Q q 0 0 0 rg BT 499.95 310.25 Td (during ) Tj ET Q q 0 0 0 rg BT 534.97 310.25 Td (2015, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 297.05 Td (highlighted ) Tj ET Q q 0 0 0 rg BT 101.49 297.05 Td (by ) Tj ET Q q 0 0 0 rg BT 116.38 297.05 Td (product ) Tj ET Q q 0 0 0 rg BT 156.35 297.05 Td (launches ) Tj ET Q q 0 0 0 rg BT 203.65 297.05 Td (and ) Tj ET Q q 0 0 0 rg BT 225.28 297.05 Td (deeper ) Tj ET Q q 0 0 0 rg BT 262.81 297.05 Td (promotional ) Tj ET Q q 0 0 0 rg BT 323.56 297.05 Td (discounts ) Tj ET Q q 0 0 0 rg BT 373.31 297.05 Td (from ) Tj ET Q q 0 0 0 rg BT 398.58 297.05 Td (our ) Tj ET Q q 0 0 0 rg BT 417.75 297.05 Td (competitors. ) Tj ET Q q 0 0 0 rg BT 480.73 297.05 Td (T) Tj ET Q q 0 0 0 rg BT 486.23 297.05 Td (o ) Tj ET Q q 0 0 0 rg BT 495.62 297.05 Td (counter ) Tj ET Q q 0 0 0 rg BT 535.58 297.05 Td (these ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 283.85 Td (competitive ) Tj ET Q q 0 0 0 rg BT 103.68 283.85 Td (challenges, ) Tj ET Q q 0 0 0 rg BT 162.37 283.85 Td (during ) Tj ET Q q 0 0 0 rg BT 195.99 283.85 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 216.76 283.85 Td (we ) Tj ET Q q 0 0 0 rg BT 233.87 283.85 Td (rebranded ) Tj ET Q q 0 0 0 rg BT 287.06 283.85 Td (our ) Tj ET Q q 0 0 0 rg BT 306.00 283.85 Td (Irish ) Tj ET Q q 0 0 0 rg BT 329.82 283.85 Td (operations ) Tj ET Q q 0 0 0 rg BT 384.23 283.85 Td (to ) Tj ET Q q 0 0 0 rg BT 396.45 283.85 Td (V) Tj ET Q q 0 0 0 rg BT 403.59 283.85 Td (irgin ) Tj ET Q q 0 0 0 rg BT 427.42 283.85 Td (Media, ) Tj ET Q q 0 0 0 rg BT 463.48 283.85 Td (launched ) Tj ET Q q 0 0 0 rg BT 511.17 283.85 Td (our ) Tj ET Q q 0 0 0 rg BT 530.11 283.85 Td (mobile ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 270.65 Td (service ) Tj ET Q q 0 0 0 rg BT 82.88 270.65 Td (and ) Tj ET Q q 0 0 0 rg BT 104.27 270.65 Td (added ) Tj ET Q q 0 0 0 rg BT 137.89 270.65 Td (Replay ) Tj ET Q q 0 0 0 rg BT 174.97 270.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 192.06 270.65 Td (to ) Tj ET Q q 0 0 0 rg BT 204.27 270.65 Td (our ) Tj ET Q q 0 0 0 rg BT 223.20 270.65 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 263.94 270.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 281.03 270.65 Td (service. ) Tj ET Q q 0 0 0 rg BT 321.77 270.65 Td (The ) Tj ET Q q 0 0 0 rg BT 343.76 270.65 Td (new ) Tj ET Q q 0 0 0 rg BT 366.98 270.65 Td (CEO ) Tj ET Q q 0 0 0 rg BT 393.85 270.65 Td (for ) Tj ET Q q 0 0 0 rg BT 409.72 270.65 Td (our ) Tj ET Q q 0 0 0 rg BT 428.65 270.65 Td (Irish ) Tj ET Q q 0 0 0 rg BT 452.47 270.65 Td (operations, ) Tj ET Q q 0 0 0 rg BT 509.93 270.65 Td (who ) Tj ET Q q 0 0 0 rg BT 533.14 270.65 Td (joined ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 257.45 Td (in ) Tj ET Q q 0 0 0 rg BT 56.34 257.45 Td (October) Tj ET Q q 0 0 0 rg BT 94.86 257.45 Td (, ) Tj ET Q q 0 0 0 rg BT 100.70 257.45 Td (has ) Tj ET Q q 0 0 0 rg BT 121.21 257.45 Td (considerable ) Tj ET Q q 0 0 0 rg BT 186.36 257.45 Td (experience ) Tj ET Q q 0 0 0 rg BT 242.96 257.45 Td (in ) Tj ET Q q 0 0 0 rg BT 254.30 257.45 Td (the ) Tj ET Q q 0 0 0 rg BT 272.37 257.45 Td (Irish ) Tj ET Q q 0 0 0 rg BT 295.93 257.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 331.11 257.45 Td (market, ) Tj ET Q q 0 0 0 rg BT 370.56 257.45 Td (which ) Tj ET Q q 0 0 0 rg BT 401.46 257.45 Td (will ) Tj ET Q q 0 0 0 rg BT 419.52 257.45 Td (help ) Tj ET Q q 0 0 0 rg BT 443.09 257.45 Td (us ) Tj ET Q q 0 0 0 rg BT 457.49 257.45 Td (compete ) Tj ET Q q 0 0 0 rg BT 502.46 257.45 Td (ef) Tj ET Q q 0 0 0 rg BT 511.43 257.45 Td (fectively ) Tj ET Q q 0 0 0 rg BT 553.95 257.45 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 244.25 Td (an ) Tj ET Q q 0 0 0 rg BT 60.13 244.25 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 121.11 244.25 Td (quad-play ) Tj ET Q q 0 0 0 rg BT 172.31 244.25 Td (market. ) Tj ET Q q 0 0 0 rg BT 211.88 244.25 Td (In ) Tj ET Q q 0 0 0 rg BT 223.95 244.25 Td (January ) Tj ET Q q 0 0 0 rg BT 265.97 244.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 296.39 244.25 Td (we ) Tj ET Q q 0 0 0 rg BT 313.35 244.25 Td (extended ) Tj ET Q q 0 0 0 rg BT 361.51 244.25 Td (our ) Tj ET Q q 0 0 0 rg BT 380.30 244.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 435.80 244.25 Td (leadership ) Tj ET Q q 0 0 0 rg BT 489.45 244.25 Td (with ) Tj ET Q q 0 0 0 rg BT 511.90 244.25 Td (the ) Tj ET Q q 0 0 0 rg BT 530.09 244.25 Td (launch ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 231.05 Td (of ) Tj ET Q q 0 0 0 rg BT 56.95 231.05 Td (a ) Tj ET Q q 0 0 0 rg BT 65.84 231.05 Td (new ) Tj ET Q q 0 0 0 rg BT 88.79 231.05 Td (top ) Tj ET Q q 0 0 0 rg BT 106.86 231.05 Td (speed ) Tj ET Q q 0 0 0 rg BT 139.60 231.05 Td (of ) Tj ET Q q 0 0 0 rg BT 151.55 231.05 Td (360 ) Tj ET Q q 0 0 0 rg BT 172.68 231.05 Td (Mbps. ) Tj ET Q q 0 0 0 rg BT 205.41 231.05 Td (W) Tj ET Q q 0 0 0 rg BT 215.59 231.05 Td (e ) Tj ET Q q 0 0 0 rg BT 224.48 231.05 Td (expect ) Tj ET Q q 0 0 0 rg BT 259.66 231.05 Td (these ) Tj ET Q q 0 0 0 rg BT 289.35 231.05 Td (product ) Tj ET Q q 0 0 0 rg BT 328.81 231.05 Td (enhancements ) Tj ET Q q 0 0 0 rg BT 403.75 231.05 Td (to ) Tj ET Q q 0 0 0 rg BT 415.69 231.05 Td (drive ) Tj ET Q q 0 0 0 rg BT 442.31 231.05 Td (stronger ) Tj ET Q q 0 0 0 rg BT 485.44 231.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 521.23 231.05 Td (this ) Tj ET Q q 0 0 0 rg BT 541.12 231.05 Td (year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 217.85 Td (and ) Tj ET Q q 0 0 0 rg BT 66.41 217.85 Td (help ) Tj ET Q q 0 0 0 rg BT 90.26 217.85 Td (support ) Tj ET Q q 0 0 0 rg BT 130.01 217.85 Td (an ) Tj ET Q q 0 0 0 rg BT 145.30 217.85 Td (average ) Tj ET Q q 0 0 0 rg BT 188.11 217.85 Td (5.7% ) Tj ET Q q 0 0 0 rg BT 216.24 217.85 Td (price ) Tj ET Q q 0 0 0 rg BT 243.13 217.85 Td (increase, ) Tj ET Q q 0 0 0 rg BT 290.82 217.85 Td (which ) Tj ET Q q 0 0 0 rg BT 322.00 217.85 Td (will ) Tj ET Q q 0 0 0 rg BT 340.33 217.85 Td (be ) Tj ET Q q 0 0 0 rg BT 355.63 217.85 Td (ef) Tj ET Q q 0 0 0 rg BT 364.60 217.85 Td (fective ) Tj ET Q q 0 0 0 rg BT 399.45 217.85 Td (March ) Tj ET Q q 0 0 0 rg BT 433.07 217.85 Td (1, ) Tj ET Q q 0 0 0 rg BT 445.30 217.85 Td (2016. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 193.85 Td (Moving ) Tj ET Q q 0 0 0 rg BT 83.96 193.85 Td (to ) Tj ET Q q 0 0 0 rg BT 96.64 193.85 Td (our ) Tj ET Q q 0 0 0 rg BT 116.04 193.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 151.95 193.85 Td (operations, ) Tj ET Q q 0 0 0 rg BT 209.87 193.85 Td (we ) Tj ET Q q 0 0 0 rg BT 227.44 193.85 Td (added ) Tj ET Q q 0 0 0 rg BT 261.53 193.85 Td (48,000 ) Tj ET Q q 0 0 0 rg BT 298.68 193.85 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 343.77 193.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 403.51 193.85 Td (in ) Tj ET Q q 0 0 0 rg BT 415.57 193.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 433.75 193.85 Td (and ) Tj ET Q q 0 0 0 rg BT 455.60 193.85 Td (159,000 ) Tj ET Q q 0 0 0 rg BT 498.87 193.85 Td (in ) Tj ET Q q 0 0 0 rg BT 510.93 193.85 Td (2015. ) Tj ET Q q 0 0 0 rg BT 541.73 193.85 Td (This ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 180.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 81.97 180.65 Td (was ) Tj ET Q q 0 0 0 rg BT 105.48 180.65 Td (driven ) Tj ET Q q 0 0 0 rg BT 139.39 180.65 Td (by ) Tj ET Q q 0 0 0 rg BT 154.96 180.65 Td (the ) Tj ET Q q 0 0 0 rg BT 174.21 180.65 Td (popularity ) Tj ET Q q 0 0 0 rg BT 225.85 180.65 Td (of ) Tj ET Q q 0 0 0 rg BT 238.98 180.65 Td (our ) Tj ET Q q 0 0 0 rg BT 258.83 180.65 Td (SIM-only ) Tj ET Q q 0 0 0 rg BT 306.18 180.65 Td (contracts ) Tj ET Q q 0 0 0 rg BT 354.76 180.65 Td (and ) Tj ET Q q 0 0 0 rg BT 377.06 180.65 Td (the ) Tj ET Q q 0 0 0 rg BT 396.31 180.65 Td (success ) Tj ET Q q 0 0 0 rg BT 439.99 180.65 Td (of ) Tj ET Q q 0 0 0 rg BT 453.12 180.65 Td (our ) Tj ET Q q 0 0 0 rg BT 472.97 180.65 Td (Freestyle) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 518.20 185.90 Td (23) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 526.16 180.65 Td ( ) Tj ET Q q 0 0 0 rg BT 530.11 180.65 Td (mobile ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 167.45 Td (proposition ) Tj ET Q q 0 0 0 rg BT 103.97 167.45 Td (in ) Tj ET Q q 0 0 0 rg BT 117.69 167.45 Td (the ) Tj ET Q q 0 0 0 rg BT 138.15 167.45 Td (U.K., ) Tj ET Q q 0 0 0 rg BT 167.76 167.45 Td (which ) Tj ET Q q 0 0 0 rg BT 201.04 167.45 Td (of) Tj ET Q q 0 0 0 rg BT 210.01 167.45 Td (fers ) Tj ET Q q 0 0 0 rg BT 233.51 167.45 Td (customers ) Tj ET Q q 0 0 0 rg BT 289.41 167.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 342.26 167.45 Td (flexibility ) Tj ET Q q 0 0 0 rg BT 388.99 167.45 Td (with ) Tj ET Q q 0 0 0 rg BT 413.71 167.45 Td (separate ) Tj ET Q q 0 0 0 rg BT 461.68 167.45 Td (handset ) Tj ET Q q 0 0 0 rg BT 505.98 167.45 Td (and ) Tj ET Q q 0 0 0 rg BT 529.50 167.45 Td (airtime ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 154.25 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 95.90 154.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 117.45 154.25 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 197.10 154.25 Td (Irish ) Tj ET Q q 0 0 0 rg BT 221.10 154.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 256.71 154.25 Td (launch ) Tj ET Q q 0 0 0 rg BT 292.34 154.25 Td (contributed ) Tj ET Q q 0 0 0 rg BT 349.98 154.25 Td (8,000 ) Tj ET Q q 0 0 0 rg BT 380.72 154.25 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 425.52 154.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 472.76 154.25 Td (in ) Tj ET Q q 0 0 0 rg BT 484.54 154.25 Td (2015. ) Tj ET Q q 0 0 0 rg BT 515.28 154.25 Td (Growth ) Tj ET Q q 0 0 0 rg BT 553.95 154.25 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 141.05 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 89.10 141.05 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 155.82 141.05 Td (was ) Tj ET Q q 0 0 0 rg BT 177.89 141.05 Td (of) Tj ET Q q 0 0 0 rg BT 186.87 141.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 207.11 141.05 Td (by ) Tj ET Q q 0 0 0 rg BT 221.25 141.05 Td (a ) Tj ET Q q 0 0 0 rg BT 229.88 141.05 Td (continued ) Tj ET Q q 0 0 0 rg BT 280.10 141.05 Td (expected ) Tj ET Q q 0 0 0 rg BT 327.27 141.05 Td (decline ) Tj ET Q q 0 0 0 rg BT 364.64 141.05 Td (in ) Tj ET Q q 0 0 0 rg BT 375.72 141.05 Td (the ) Tj ET Q q 0 0 0 rg BT 393.52 141.05 Td (lower-value ) Tj ET Q q 0 0 0 rg BT 452.29 141.05 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 491.50 141.05 Td (base, ) Tj ET Q q 0 0 0 rg BT 520.92 141.05 Td (resulting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 127.85 Td (in ) Tj ET Q q 0 0 0 rg BT 56.62 127.85 Td (an ) Tj ET Q q 0 0 0 rg BT 71.91 127.85 Td (overall ) Tj ET Q q 0 0 0 rg BT 107.37 127.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 155.68 127.85 Td (in ) Tj ET Q q 0 0 0 rg BT 167.29 127.85 Td (our ) Tj ET Q q 0 0 0 rg BT 186.25 127.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 221.71 127.85 Td (base ) Tj ET Q q 0 0 0 rg BT 248.62 127.85 Td (of ) Tj ET Q q 0 0 0 rg BT 260.85 127.85 Td (4,000 ) Tj ET Q q 0 0 0 rg BT 291.43 127.85 Td (in ) Tj ET Q q 0 0 0 rg BT 303.05 127.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 320.78 127.85 Td (and ) Tj ET Q q 0 0 0 rg BT 342.19 127.85 Td (29,000 ) Tj ET Q q 0 0 0 rg BT 378.89 127.85 Td (in ) Tj ET Q q 0 0 0 rg BT 390.51 127.85 Td (2015. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 103.85 Td (W) Tj ET Q q 0 0 0 rg BT 55.18 103.85 Td (e ) Tj ET Q q 0 0 0 rg BT 63.34 103.85 Td (have ) Tj ET Q q 0 0 0 rg BT 89.23 103.85 Td (continued ) Tj ET Q q 0 0 0 rg BT 138.97 103.85 Td (to ) Tj ET Q q 0 0 0 rg BT 150.18 103.85 Td (build ) Tj ET Q q 0 0 0 rg BT 175.46 103.85 Td (momentum ) Tj ET Q q 0 0 0 rg BT 232.51 103.85 Td (in ) Tj ET Q q 0 0 0 rg BT 243.11 103.85 Td (business-to-business ) Tj ET Q q 0 0 0 rg BT 348.48 103.85 Td (and ) Tj ET Q q 0 0 0 rg BT 368.87 103.85 Td (remain ) Tj ET Q q 0 0 0 rg BT 404.53 103.85 Td (focused ) Tj ET Q q 0 0 0 rg BT 445.09 103.85 Td (on ) Tj ET Q q 0 0 0 rg BT 459.37 103.85 Td (leveraging ) Tj ET Q q 0 0 0 rg BT 512.16 103.85 Td (the ) Tj ET Q q 0 0 0 rg BT 529.49 103.85 Td (growth ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 90.65 Td (opportunity ) Tj ET Q q 0 0 0 rg BT 102.88 90.65 Td (in ) Tj ET Q q 0 0 0 rg BT 114.89 90.65 Td (the ) Tj ET Q q 0 0 0 rg BT 133.63 90.65 Td (small ) Tj ET Q q 0 0 0 rg BT 162.75 90.65 Td (business ) Tj ET Q q 0 0 0 rg BT 209.62 90.65 Td (market. ) Tj ET Q q 0 0 0 rg BT 249.75 90.65 Td (W) Tj ET Q q 0 0 0 rg BT 259.93 90.65 Td (e ) Tj ET Q q 0 0 0 rg BT 269.50 90.65 Td (launched ) Tj ET Q q 0 0 0 rg BT 317.60 90.65 Td (a ) Tj ET Q q 0 0 0 rg BT 327.17 90.65 Td (300 ) Tj ET Q q 0 0 0 rg BT 348.97 90.65 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 379.32 90.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 435.38 90.65 Td (service ) Tj ET Q q 0 0 0 rg BT 473.67 90.65 Td (for ) Tj ET Q q 0 0 0 rg BT 489.96 90.65 Td (small ) Tj ET Q q 0 0 0 rg BT 519.08 90.65 Td (business ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 77.45 Td (customers ) Tj ET Q q 0 0 0 rg BT 99.53 77.45 Td (in ) Tj ET Q q 0 0 0 rg BT 111.89 77.45 Td (January ) Tj ET Q q 0 0 0 rg BT 154.82 77.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 183.08 77.45 Td (and ) Tj ET Q q 0 0 0 rg BT 205.23 77.45 Td (will ) Tj ET Q q 0 0 0 rg BT 224.30 77.45 Td (extend ) Tj ET Q q 0 0 0 rg BT 261.12 77.45 Td (this ) Tj ET Q q 0 0 0 rg BT 282.03 77.45 Td (to ) Tj ET Q q 0 0 0 rg BT 295.00 77.45 Td (home ) Tj ET Q q 0 0 0 rg BT 326.31 77.45 Td (of) Tj ET Q q 0 0 0 rg BT 335.29 77.45 Td (fice ) Tj ET Q q 0 0 0 rg BT 356.20 77.45 Td (workers ) Tj ET Q q 0 0 0 rg BT 398.50 77.45 Td (in ) Tj ET Q q 0 0 0 rg BT 410.86 77.45 Td (March ) Tj ET Q q 0 0 0 rg BT 445.21 77.45 Td (2016, ) Tj ET Q q 0 0 0 rg BT 476.54 77.45 Td (with ) Tj ET Q q 0 0 0 rg BT 499.89 77.45 Td (our ) Tj ET Q q 0 0 0 rg BT 519.59 77.45 Td (first ) Tj ET Q q 0 0 0 rg BT 541.10 77.45 Td (ever ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 64.25 Td (targeted ) Tj ET Q q 0 0 0 rg BT 88.42 64.25 Td (proposition ) Tj ET Q q 0 0 0 rg BT 145.29 64.25 Td (for ) Tj ET Q q 0 0 0 rg BT 161.18 64.25 Td (this ) Tj ET Q q 0 0 0 rg BT 181.36 64.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 229.65 64.25 Td (group. ) Tj ET Q /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I24 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 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 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 45.00 685.85 Td (On ) Tj ET Q q 0 0 0 rg BT 62.22 685.85 Td (a ) Tj ET Q q 0 0 0 rg BT 70.88 685.85 Td (rebased ) Tj ET Q q 0 0 0 rg BT 113.18 685.85 Td (basis, ) Tj ET Q q 0 0 0 rg BT 144.46 685.85 Td (total ) Tj ET Q q 0 0 0 rg BT 167.80 685.85 Td (revenue ) Tj ET Q q 0 0 0 rg BT 210.10 685.85 Td (increased ) Tj ET Q q 0 0 0 rg BT 260.34 685.85 Td (by ) Tj ET Q q 0 0 0 rg BT 274.50 685.85 Td (5% ) Tj ET Q q 0 0 0 rg BT 292.95 685.85 Td (to ) Tj ET Q q 0 0 0 rg BT 304.67 685.85 Td (1,190 ) Tj ET Q q 0 0 0 rg BT 340.86 685.85 Td (million ) Tj ET Q q 0 0 0 rg BT 374.58 685.85 Td (in ) Tj ET Q q 0 0 0 rg BT 385.68 685.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 402.90 685.85 Td (and ) Tj ET Q q 0 0 0 rg BT 423.80 685.85 Td (4% ) Tj ET Q q 0 0 0 rg BT 442.25 685.85 Td (to ) Tj ET Q q 0 0 0 rg BT 453.97 685.85 Td (4,618 ) Tj ET Q q 0 0 0 rg BT 490.16 685.85 Td (million ) Tj ET Q q 0 0 0 rg BT 523.88 685.85 Td (in ) Tj ET Q q 0 0 0 rg BT 534.98 685.85 Td (2015, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 672.65 Td (as ) Tj ET Q q 0 0 0 rg BT 58.74 672.65 Td (compared ) Tj ET Q q 0 0 0 rg BT 109.78 672.65 Td (to ) Tj ET Q q 0 0 0 rg BT 121.08 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 138.50 672.65 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 210.33 672.65 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 259.53 672.65 Td (periods. ) Tj ET Q q 0 0 0 rg BT 300.65 672.65 Td (These ) Tj ET Q q 0 0 0 rg BT 333.34 672.65 Td (increases ) Tj ET Q q 0 0 0 rg BT 382.55 672.65 Td (were ) Tj ET Q q 0 0 0 rg BT 408.51 672.65 Td (primarily ) Tj ET Q q 0 0 0 rg BT 452.19 672.65 Td (attributable ) Tj ET Q q 0 0 0 rg BT 508.75 672.65 Td (to ) Tj ET Q q 0 0 0 rg BT 520.04 672.65 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 531.94 672.65 Td (higher ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 659.45 Td (cable ) Tj ET Q q 0 0 0 rg BT 74.99 659.45 Td (subscription ) Tj ET Q q 0 0 0 rg BT 137.38 659.45 Td (revenue ) Tj ET Q q 0 0 0 rg BT 180.83 659.45 Td (due ) Tj ET Q q 0 0 0 rg BT 202.88 659.45 Td (primarily ) Tj ET Q q 0 0 0 rg BT 248.13 659.45 Td (to ) Tj ET Q q 0 0 0 rg BT 261.00 659.45 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 315.44 659.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 352.15 659.45 Td (and ) Tj ET Q q 0 0 0 rg BT 373.47 659.45 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 407.73 659.45 Td (per ) Tj ET Q q 0 0 0 rg BT 427.32 659.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 455.46 659.45 Td (improvements, ) Tj ET Q q 0 0 0 rg BT 531.29 659.45 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 547.20 659.45 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 646.25 Td (net ) Tj ET Q q 0 0 0 rg BT 63.00 646.25 Td (benefit ) Tj ET Q q 0 0 0 rg BT 98.73 646.25 Td (from ) Tj ET Q q 0 0 0 rg BT 123.43 646.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 156.71 646.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 191.82 646.25 Td (handset ) Tj ET Q q 0 0 0 rg BT 233.67 646.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 262.05 646.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 307.56 646.25 Td (to ) Tj ET Q q 0 0 0 rg BT 319.44 646.25 Td (our ) Tj ET Q q 0 0 0 rg BT 338.04 646.25 Td (Freestyle) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 383.28 651.50 Td (23) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 391.23 646.25 Td ( ) Tj ET Q q 0 0 0 rg BT 393.94 646.25 Td (proposition, ) Tj ET Q q 0 0 0 rg BT 453.51 646.25 Td (which ) Tj ET Q q 0 0 0 rg BT 484.34 646.25 Td (was ) Tj ET Q q 0 0 0 rg BT 506.60 646.25 Td (launched ) Tj ET Q q 0 0 0 rg BT 553.96 646.25 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 633.05 Td (November ) Tj ET Q q 0 0 0 rg BT 98.73 633.05 Td (2014, ) Tj ET Q q 0 0 0 rg BT 129.25 633.05 Td (and ) Tj ET Q q 0 0 0 rg BT 150.59 633.05 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 168.23 633.05 Td (higher ) Tj ET Q q 0 0 0 rg BT 201.80 633.05 Td (business ) Tj ET Q q 0 0 0 rg BT 248.20 633.05 Td (revenue ) Tj ET Q q 0 0 0 rg BT 290.94 633.05 Td (primarily ) Tj ET Q q 0 0 0 rg BT 335.49 633.05 Td (due ) Tj ET Q q 0 0 0 rg BT 356.83 633.05 Td (to ) Tj ET Q q 0 0 0 rg BT 368.99 633.05 Td (an ) Tj ET Q q 0 0 0 rg BT 384.22 633.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 428.78 633.05 Td (in ) Tj ET Q q 0 0 0 rg BT 440.33 633.05 Td (underlying ) Tj ET Q q 0 0 0 rg BT 494.08 633.05 Td (data ) Tj ET Q q 0 0 0 rg BT 518.48 633.05 Td (volumes, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 619.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 78.66 619.85 Td (amortisation ) Tj ET Q q 0 0 0 rg BT 141.65 619.85 Td (of ) Tj ET Q q 0 0 0 rg BT 153.91 619.85 Td (deferred ) Tj ET Q q 0 0 0 rg BT 197.96 619.85 Td (upfront ) Tj ET Q q 0 0 0 rg BT 235.28 619.85 Td (fees ) Tj ET Q q 0 0 0 rg BT 259.15 619.85 Td (on ) Tj ET Q q 0 0 0 rg BT 274.47 619.85 Td (B2B) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 295.26 625.10 Td (24) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 303.21 619.85 Td ( ) Tj ET Q q 0 0 0 rg BT 306.29 619.85 Td (contracts ) Tj ET Q q 0 0 0 rg BT 354.00 619.85 Td (in ) Tj ET Q q 0 0 0 rg BT 365.64 619.85 Td (the ) Tj ET Q q 0 0 0 rg BT 384.02 619.85 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 408.49 619.85 Td (and ) Tj ET Q q 0 0 0 rg BT 429.92 619.85 Td (an ) Tj ET Q q 0 0 0 rg BT 445.24 619.85 Td (1) Tj ET Q q 0 0 0 rg BT 456.66 619.85 Td (1.5 ) Tj ET Q q 0 0 0 rg BT 475.03 619.85 Td (million ) Tj ET Q q 0 0 0 rg BT 509.28 619.85 Td (increase ) Tj ET Q q 0 0 0 rg BT 553.94 619.85 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 606.65 Td (voice ) Tj ET Q q 0 0 0 rg BT 74.29 606.65 Td (revenue ) Tj ET Q q 0 0 0 rg BT 117.65 606.65 Td (in ) Tj ET Q q 0 0 0 rg BT 129.82 606.65 Td (the ) Tj ET Q q 0 0 0 rg BT 148.72 606.65 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 173.73 606.65 Td (resulting ) Tj ET Q q 0 0 0 rg BT 218.91 606.65 Td (from ) Tj ET Q q 0 0 0 rg BT 244.52 606.65 Td (a ) Tj ET Q q 0 0 0 rg BT 254.25 606.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 272.53 606.65 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 329.95 606.65 Td (to ) Tj ET Q q 0 0 0 rg BT 342.74 606.65 Td (reflect ) Tj ET Q q 0 0 0 rg BT 376.30 606.65 Td (the ) Tj ET Q q 0 0 0 rg BT 395.20 606.65 Td (settlement ) Tj ET Q q 0 0 0 rg BT 449.56 606.65 Td (of ) Tj ET Q q 0 0 0 rg BT 462.34 606.65 Td (disputes ) Tj ET Q q 0 0 0 rg BT 506.92 606.65 Td (with ) Tj ET Q q 0 0 0 rg BT 530.09 606.65 Td (mobile ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 593.45 Td (operators ) Tj ET Q q 0 0 0 rg BT 94.53 593.45 Td (over ) Tj ET Q q 0 0 0 rg BT 118.98 593.45 Td (amounts ) Tj ET Q q 0 0 0 rg BT 164.23 593.45 Td (charged ) Tj ET Q q 0 0 0 rg BT 207.04 593.45 Td (for ) Tj ET Q q 0 0 0 rg BT 222.93 593.45 Td (voice ) Tj ET Q q 0 0 0 rg BT 251.66 593.45 Td (traf) Tj ET Q q 0 0 0 rg BT 267.36 593.45 Td (fic, ) Tj ET Q q 0 0 0 rg BT 284.47 593.45 Td (including ) Tj ET Q q 0 0 0 rg BT 330.95 593.45 Td (10 ) Tj ET Q q 0 0 0 rg BT 352.36 593.45 Td (million ) Tj ET Q q 0 0 0 rg BT 386.59 593.45 Td (related ) Tj ET Q q 0 0 0 rg BT 423.28 593.45 Td (to ) Tj ET Q q 0 0 0 rg BT 435.51 593.45 Td (years ) Tj ET Q q 0 0 0 rg BT 465.46 593.45 Td (prior ) Tj ET Q q 0 0 0 rg BT 490.52 593.45 Td (to ) Tj ET Q q 0 0 0 rg BT 502.75 593.45 Td (2015.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 569.45 Td (The ) Tj ET Q q 0 0 0 rg BT 66.82 569.45 Td (introduction ) Tj ET Q q 0 0 0 rg BT 126.56 569.45 Td (of ) Tj ET Q q 0 0 0 rg BT 138.60 569.45 Td (Freestyle ) Tj ET Q q 0 0 0 rg BT 186.71 569.45 Td (in ) Tj ET Q q 0 0 0 rg BT 198.14 569.45 Td (November ) Tj ET Q q 0 0 0 rg BT 251.74 569.45 Td (2014 ) Tj ET Q q 0 0 0 rg BT 279.08 569.45 Td (\(splitting ) Tj ET Q q 0 0 0 rg BT 322.91 569.45 Td (the ) Tj ET Q q 0 0 0 rg BT 341.07 569.45 Td (handset ) Tj ET Q q 0 0 0 rg BT 383.08 569.45 Td (and ) Tj ET Q q 0 0 0 rg BT 404.30 569.45 Td (airtime ) Tj ET Q q 0 0 0 rg BT 440.18 569.45 Td (contracts\) ) Tj ET Q q 0 0 0 rg BT 491.34 569.45 Td (has ) Tj ET Q q 0 0 0 rg BT 511.94 569.45 Td (resulted ) Tj ET Q q 0 0 0 rg BT 553.94 569.45 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 556.25 Td (an ) Tj ET Q q 0 0 0 rg BT 58.78 556.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 101.90 556.25 Td (in ) Tj ET Q q 0 0 0 rg BT 112.01 556.25 Td ("Other ) Tj ET Q q 0 0 0 rg BT 144.97 556.25 Td (revenue" ) Tj ET Q q 0 0 0 rg BT 190.17 556.25 Td (of ) Tj ET Q q 0 0 0 rg BT 200.89 556.25 Td (28 ) Tj ET Q q 0 0 0 rg BT 220.78 556.25 Td (million ) Tj ET Q q 0 0 0 rg BT 253.50 556.25 Td (for ) Tj ET Q q 0 0 0 rg BT 267.88 556.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 284.10 556.25 Td (and ) Tj ET Q q 0 0 0 rg BT 304.00 556.25 Td (88 ) Tj ET Q q 0 0 0 rg BT 323.90 556.25 Td (million ) Tj ET Q q 0 0 0 rg BT 356.62 556.25 Td (in ) Tj ET Q q 0 0 0 rg BT 366.72 556.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 395.79 556.25 Td (and ) Tj ET Q q 0 0 0 rg BT 415.69 556.25 Td (a ) Tj ET Q q 0 0 0 rg BT 423.35 556.25 Td (decline ) Tj ET Q q 0 0 0 rg BT 459.75 556.25 Td (in ) Tj ET Q q 0 0 0 rg BT 469.86 556.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 503.81 556.25 Td (subscription ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 543.05 Td (revenue ) Tj ET Q q 0 0 0 rg BT 88.14 543.05 Td (of ) Tj ET Q q 0 0 0 rg BT 100.69 543.05 Td (10 ) Tj ET Q q 0 0 0 rg BT 122.43 543.05 Td (million ) Tj ET Q q 0 0 0 rg BT 156.99 543.05 Td (in ) Tj ET Q q 0 0 0 rg BT 168.94 543.05 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 186.99 543.05 Td (and ) Tj ET Q q 0 0 0 rg BT 208.73 543.05 Td (25 ) Tj ET Q q 0 0 0 rg BT 230.47 543.05 Td (million ) Tj ET Q q 0 0 0 rg BT 265.03 543.05 Td (for ) Tj ET Q q 0 0 0 rg BT 281.25 543.05 Td (the ) Tj ET Q q 0 0 0 rg BT 299.92 543.05 Td (full ) Tj ET Q q 0 0 0 rg BT 317.37 543.05 Td (year) Tj ET Q q 0 0 0 rg BT 338.16 543.05 Td (. ) Tj ET Q q 0 0 0 rg BT 344.60 543.05 Td (Rebased ) Tj ET Q q 0 0 0 rg BT 392.02 543.05 Td (revenue ) Tj ET Q q 0 0 0 rg BT 435.15 543.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 471.55 543.05 Td (was ) Tj ET Q q 0 0 0 rg BT 494.50 543.05 Td (partially ) Tj ET Q q 0 0 0 rg BT 535.79 543.05 Td (of) Tj ET Q q 0 0 0 rg BT 544.76 543.05 Td (fset ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 529.85 Td (by ) Tj ET Q q 0 0 0 rg BT 59.68 529.85 Td (adverse ) Tj ET Q q 0 0 0 rg BT 101.88 529.85 Td (changes ) Tj ET Q q 0 0 0 rg BT 146.54 529.85 Td (in ) Tj ET Q q 0 0 0 rg BT 158.17 529.85 Td (V) Tj ET Q q 0 0 0 rg BT 164.69 529.85 Td (A) Tj ET Q q 0 0 0 rg BT 171.21 529.85 Td (T) Tj ET Q q 0 0 0 rg BT 177.73 529.85 Td ( ) Tj ET Q q 0 0 0 rg BT 180.79 529.85 Td (in ) Tj ET Q q 0 0 0 rg BT 192.42 529.85 Td (January ) Tj ET Q q 0 0 0 rg BT 234.62 529.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 262.16 529.85 Td (and ) Tj ET Q q 0 0 0 rg BT 283.58 529.85 Td (May ) Tj ET Q q 0 0 0 rg BT 307.43 529.85 Td (2014 ) Tj ET Q q 0 0 0 rg BT 334.96 529.85 Td (that ) Tj ET Q q 0 0 0 rg BT 356.38 529.85 Td (resulted ) Tj ET Q q 0 0 0 rg BT 398.58 529.85 Td (in ) Tj ET Q q 0 0 0 rg BT 410.21 529.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 439.56 529.85 Td (revenue ) Tj ET Q q 0 0 0 rg BT 482.38 529.85 Td (of ) Tj ET Q q 0 0 0 rg BT 494.62 529.85 Td (9 ) Tj ET Q q 0 0 0 rg BT 509.92 529.85 Td (million ) Tj ET Q q 0 0 0 rg BT 544.16 529.85 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 516.65 Td (51.5 ) Tj ET Q q 0 0 0 rg BT 75.58 516.65 Td (million ) Tj ET Q q 0 0 0 rg BT 109.81 516.65 Td (during ) Tj ET Q q 0 0 0 rg BT 143.45 516.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 161.18 516.65 Td (and ) Tj ET Q q 0 0 0 rg BT 182.59 516.65 Td (2015, ) Tj ET Q q 0 0 0 rg BT 213.17 516.65 Td (respectively) Tj ET Q q 0 0 0 rg BT 270.43 516.65 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 491.45 Td (With ) Tj ET Q q 0 0 0 rg BT 70.32 491.45 Td (respect ) Tj ET Q q 0 0 0 rg BT 109.72 491.45 Td (to ) Tj ET Q q 0 0 0 rg BT 122.22 491.45 Td (the ) Tj ET Q q 0 0 0 rg BT 140.84 491.45 Td (May ) Tj ET Q q 0 0 0 rg BT 164.94 491.45 Td (2014 ) Tj ET Q q 0 0 0 rg BT 192.74 491.45 Td (V) Tj ET Q q 0 0 0 rg BT 199.26 491.45 Td (A) Tj ET Q q 0 0 0 rg BT 205.78 491.45 Td (T) Tj ET Q q 0 0 0 rg BT 212.30 491.45 Td ( ) Tj ET Q q 0 0 0 rg BT 215.62 491.45 Td (change, ) Tj ET Q q 0 0 0 rg BT 258.09 491.45 Td (the ) Tj ET Q q 0 0 0 rg BT 276.71 491.45 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 301.43 491.45 Td (tax ) Tj ET Q q 0 0 0 rg BT 319.43 491.45 Td (authority ) Tj ET Q q 0 0 0 rg BT 364.94 491.45 Td (issued ) Tj ET Q q 0 0 0 rg BT 400.06 491.45 Td (a ) Tj ET Q q 0 0 0 rg BT 409.50 491.45 Td (decision ) Tj ET Q q 0 0 0 rg BT 453.19 491.45 Td (in ) Tj ET Q q 0 0 0 rg BT 465.07 491.45 Td (the ) Tj ET Q q 0 0 0 rg BT 483.69 491.45 Td (fourth ) Tj ET Q q 0 0 0 rg BT 515.14 491.45 Td (quarter ) Tj ET Q q 0 0 0 rg BT 553.32 491.45 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 478.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 72.86 478.25 Td (challenging ) Tj ET Q q 0 0 0 rg BT 131.91 478.25 Td (our ) Tj ET Q q 0 0 0 rg BT 151.20 478.25 Td (application ) Tj ET Q q 0 0 0 rg BT 207.18 478.25 Td (of ) Tj ET Q q 0 0 0 rg BT 219.75 478.25 Td (the ) Tj ET Q q 0 0 0 rg BT 238.43 478.25 Td (prompt ) Tj ET Q q 0 0 0 rg BT 276.05 478.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 321.63 478.25 Td (discount ) Tj ET Q q 0 0 0 rg BT 366.00 478.25 Td (rules ) Tj ET Q q 0 0 0 rg BT 393.23 478.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 418.62 478.25 Td (to ) Tj ET Q q 0 0 0 rg BT 431.19 478.25 Td (the ) Tj ET Q q 0 0 0 rg BT 449.87 478.25 Td (May ) Tj ET Q q 0 0 0 rg BT 474.04 478.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 486.61 478.25 Td (2014 ) Tj ET Q q 0 0 0 rg BT 514.47 478.25 Td (change ) Tj ET Q q 0 0 0 rg BT 553.95 478.25 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 465.05 Td (legislation. ) Tj ET Q q 0 0 0 rg BT 101.68 465.05 Td (W) Tj ET Q q 0 0 0 rg BT 111.87 465.05 Td (e ) Tj ET Q q 0 0 0 rg BT 122.69 465.05 Td (have ) Tj ET Q q 0 0 0 rg BT 151.25 465.05 Td (appealed ) Tj ET Q q 0 0 0 rg BT 201.23 465.05 Td (this ) Tj ET Q q 0 0 0 rg BT 223.05 465.05 Td (decision. ) Tj ET Q q 0 0 0 rg BT 270.24 465.05 Td (As ) Tj ET Q q 0 0 0 rg BT 287.78 465.05 Td (part ) Tj ET Q q 0 0 0 rg BT 311.44 465.05 Td (of ) Tj ET Q q 0 0 0 rg BT 325.32 465.05 Td (the ) Tj ET Q q 0 0 0 rg BT 345.32 465.05 Td (appeal ) Tj ET Q q 0 0 0 rg BT 383.06 465.05 Td (process, ) Tj ET Q q 0 0 0 rg BT 429.34 465.05 Td (we ) Tj ET Q q 0 0 0 rg BT 448.11 465.05 Td (were ) Tj ET Q q 0 0 0 rg BT 476.66 465.05 Td (required ) Tj ET Q q 0 0 0 rg BT 521.72 465.05 Td (to ) Tj ET Q q 0 0 0 rg BT 535.60 465.05 Td (make ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 451.85 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 97.04 451.85 Td (payments ) Tj ET Q q 0 0 0 rg BT 147.23 451.85 Td (of ) Tj ET Q q 0 0 0 rg BT 158.90 451.85 Td (67 ) Tj ET Q q 0 0 0 rg BT 179.75 451.85 Td (million, ) Tj ET Q q 0 0 0 rg BT 216.48 451.85 Td (which ) Tj ET Q q 0 0 0 rg BT 247.10 451.85 Td (included ) Tj ET Q q 0 0 0 rg BT 290.58 451.85 Td (the ) Tj ET Q q 0 0 0 rg BT 308.36 451.85 Td (challenged ) Tj ET Q q 0 0 0 rg BT 364.07 451.85 Td (amount ) Tj ET Q q 0 0 0 rg BT 403.26 451.85 Td (of ) Tj ET Q q 0 0 0 rg BT 414.93 451.85 Td (64 ) Tj ET Q q 0 0 0 rg BT 435.79 451.85 Td (million ) Tj ET Q q 0 0 0 rg BT 469.46 451.85 Td (and ) Tj ET Q q 0 0 0 rg BT 490.31 451.85 Td (related ) Tj ET Q q 0 0 0 rg BT 526.44 451.85 Td (interest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 438.65 Td (of ) Tj ET Q q 0 0 0 rg BT 57.82 438.65 Td (3 ) Tj ET Q q 0 0 0 rg BT 73.70 438.65 Td (million. ) Tj ET Q q 0 0 0 rg BT 111.57 438.65 Td (No ) Tj ET Q q 0 0 0 rg BT 129.28 438.65 Td (portion ) Tj ET Q q 0 0 0 rg BT 166.55 438.65 Td (of ) Tj ET Q q 0 0 0 rg BT 179.37 438.65 Td (this ) Tj ET Q q 0 0 0 rg BT 200.13 438.65 Td (potential ) Tj ET Q q 0 0 0 rg BT 245.37 438.65 Td (exposure ) Tj ET Q q 0 0 0 rg BT 294.26 438.65 Td (has ) Tj ET Q q 0 0 0 rg BT 315.64 438.65 Td (been ) Tj ET Q q 0 0 0 rg BT 343.76 438.65 Td (accrued ) Tj ET Q q 0 0 0 rg BT 386.53 438.65 Td (by ) Tj ET Q q 0 0 0 rg BT 401.80 438.65 Td (our ) Tj ET Q q 0 0 0 rg BT 421.34 438.65 Td (company ) Tj ET Q q 0 0 0 rg BT 469.62 438.65 Td (as ) Tj ET Q q 0 0 0 rg BT 484.88 438.65 Td (the ) Tj ET Q q 0 0 0 rg BT 503.81 438.65 Td (likelihood ) Tj ET Q q 0 0 0 rg BT 553.32 438.65 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 425.45 Td (loss ) Tj ET Q q 0 0 0 rg BT 67.62 425.45 Td (is ) Tj ET Q q 0 0 0 rg BT 78.62 425.45 Td (not ) Tj ET Q q 0 0 0 rg BT 96.97 425.45 Td (considered ) Tj ET Q q 0 0 0 rg BT 153.83 425.45 Td (to ) Tj ET Q q 0 0 0 rg BT 166.06 425.45 Td (be ) Tj ET Q q 0 0 0 rg BT 181.36 425.45 Td (probable.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 400.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 67.18 400.25 Td (rebased ) Tj ET Q q 0 0 0 rg BT 110.77 400.25 Td (Segment ) Tj ET Q q 0 0 0 rg BT 158.63 400.25 Td (OCF ) Tj ET Q q 0 0 0 rg BT 185.69 400.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 237.23 400.25 Td (by ) Tj ET Q q 0 0 0 rg BT 252.68 400.25 Td (7% ) Tj ET Q q 0 0 0 rg BT 272.42 400.25 Td (to ) Tj ET Q q 0 0 0 rg BT 285.43 400.25 Td (538 ) Tj ET Q q 0 0 0 rg BT 313.74 400.25 Td (million ) Tj ET Q q 0 0 0 rg BT 348.76 400.25 Td (in ) Tj ET Q q 0 0 0 rg BT 361.16 400.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 379.67 400.25 Td (and ) Tj ET Q q 0 0 0 rg BT 401.86 400.25 Td (6% ) Tj ET Q q 0 0 0 rg BT 421.60 400.25 Td (to ) Tj ET Q q 0 0 0 rg BT 434.62 400.25 Td (2,069 ) Tj ET Q q 0 0 0 rg BT 472.10 400.25 Td (million ) Tj ET Q q 0 0 0 rg BT 507.11 400.25 Td (in ) Tj ET Q q 0 0 0 rg BT 519.51 400.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 550.88 400.25 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 387.05 Td (compared ) Tj ET Q q 0 0 0 rg BT 96.70 387.05 Td (to ) Tj ET Q q 0 0 0 rg BT 108.66 387.05 Td (the ) Tj ET Q q 0 0 0 rg BT 126.74 387.05 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 199.24 387.05 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 249.10 387.05 Td (periods. ) Tj ET Q q 0 0 0 rg BT 291.02 387.05 Td (For ) Tj ET Q q 0 0 0 rg BT 310.31 387.05 Td (both ) Tj ET Q q 0 0 0 rg BT 334.50 387.05 Td (periods, ) Tj ET Q q 0 0 0 rg BT 376.42 387.05 Td (the ) Tj ET Q q 0 0 0 rg BT 394.50 387.05 Td (key ) Tj ET Q q 0 0 0 rg BT 414.41 387.05 Td (driver ) Tj ET Q q 0 0 0 rg BT 444.70 387.05 Td (of ) Tj ET Q q 0 0 0 rg BT 456.66 387.05 Td (Segment ) Tj ET Q q 0 0 0 rg BT 503.48 387.05 Td (OCF ) Tj ET Q q 0 0 0 rg BT 529.48 387.05 Td (growth ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 373.85 Td (was ) Tj ET Q q 0 0 0 rg BT 69.21 373.85 Td (the ) Tj ET Q q 0 0 0 rg BT 89.16 373.85 Td (aforementionedrevenue ) Tj ET Q q 0 0 0 rg BT 213.06 373.85 Td (performance, ) Tj ET Q q 0 0 0 rg BT 282.52 373.85 Td (partially ) Tj ET Q q 0 0 0 rg BT 325.07 373.85 Td (of) Tj ET Q q 0 0 0 rg BT 334.05 373.85 Td (fset ) Tj ET Q q 0 0 0 rg BT 356.43 373.85 Td (by ) Tj ET Q q 0 0 0 rg BT 372.70 373.85 Td (increases ) Tj ET Q q 0 0 0 rg BT 424.42 373.85 Td (in ) Tj ET Q q 0 0 0 rg BT 437.64 373.85 Td (programming ) Tj ET Q q 0 0 0 rg BT 507.09 373.85 Td (and ) Tj ET Q q 0 0 0 rg BT 530.10 373.85 Td (mobile ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 360.65 Td (handset ) Tj ET Q q 0 0 0 rg BT 88.14 360.65 Td (costs. ) Tj ET Q q 0 0 0 rg BT 120.60 360.65 Td (The ) Tj ET Q q 0 0 0 rg BT 143.54 360.65 Td (higher ) Tj ET Q q 0 0 0 rg BT 178.11 360.65 Td (programming ) Tj ET Q q 0 0 0 rg BT 246.91 360.65 Td (costs ) Tj ET Q q 0 0 0 rg BT 276.57 360.65 Td (include ) Tj ET Q q 0 0 0 rg BT 315.42 360.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 367.11 360.65 Td (BT) Tj ET Q q 0 0 0 rg BT 380.97 360.65 Td ( ) Tj ET Q q 0 0 0 rg BT 384.96 360.65 Td (Sport ) Tj ET Q q 0 0 0 rg BT 415.24 360.65 Td (costs ) Tj ET Q q 0 0 0 rg BT 444.91 360.65 Td (starting ) Tj ET Q q 0 0 0 rg BT 484.97 360.65 Td (in ) Tj ET Q q 0 0 0 rg BT 496.73 360.65 Td (August ) Tj ET Q q 0 0 0 rg BT 534.97 360.65 Td (2015. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 347.45 Td (These ) Tj ET Q q 0 0 0 rg BT 78.77 347.45 Td (higher ) Tj ET Q q 0 0 0 rg BT 112.55 347.45 Td (costs ) Tj ET Q q 0 0 0 rg BT 141.42 347.45 Td (were ) Tj ET Q q 0 0 0 rg BT 168.46 347.45 Td (partially ) Tj ET Q q 0 0 0 rg BT 209.57 347.45 Td (of) Tj ET Q q 0 0 0 rg BT 218.54 347.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 239.47 347.45 Td (by ) Tj ET Q q 0 0 0 rg BT 254.29 347.45 Td (the ) Tj ET Q q 0 0 0 rg BT 272.78 347.45 Td (impacts ) Tj ET Q q 0 0 0 rg BT 313.88 347.45 Td (of ) Tj ET Q q 0 0 0 rg BT 326.25 347.45 Td (the ) Tj ET Q q 0 0 0 rg BT 344.74 347.45 Td (synergies ) Tj ET Q q 0 0 0 rg BT 395.02 347.45 Td (and ) Tj ET Q q 0 0 0 rg BT 416.57 347.45 Td (cost-saving ) Tj ET Q q 0 0 0 rg BT 475.40 347.45 Td (measures ) Tj ET Q q 0 0 0 rg BT 526.90 347.45 Td (that ) Tj ET Q q 0 0 0 rg BT 548.44 347.45 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 334.25 Td (have ) Tj ET Q q 0 0 0 rg BT 70.51 334.25 Td (taken ) Tj ET Q q 0 0 0 rg BT 99.08 334.25 Td (since ) Tj ET Q q 0 0 0 rg BT 126.41 334.25 Td (the ) Tj ET Q q 0 0 0 rg BT 143.36 334.25 Td (June ) Tj ET Q q 0 0 0 rg BT 168.87 334.25 Td (2013 ) Tj ET Q q 0 0 0 rg BT 195.00 334.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 248.64 334.25 Td (of ) Tj ET Q q 0 0 0 rg BT 259.47 334.25 Td (our ) Tj ET Q q 0 0 0 rg BT 277.02 334.25 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 300.08 334.25 Td (business ) Tj ET Q q 0 0 0 rg BT 345.15 334.25 Td (by ) Tj ET Q q 0 0 0 rg BT 358.42 334.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 393.10 334.25 Td (Global.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.95 334.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 429.31 334.25 Td (As ) Tj ET Q q 0 0 0 rg BT 443.80 334.25 Td (a ) Tj ET Q q 0 0 0 rg BT 451.58 334.25 Td (result, ) Tj ET Q q 0 0 0 rg BT 483.19 334.25 Td (our ) Tj ET Q q 0 0 0 rg BT 500.74 334.25 Td (consolidated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 321.05 Td (Segment ) Tj ET Q q 0 0 0 rg BT 92.85 321.05 Td (OCF ) Tj ET Q q 0 0 0 rg BT 119.88 321.05 Td (margin ) Tj ET Q q 0 0 0 rg BT 157.33 321.05 Td (improved ) Tj ET Q q 0 0 0 rg BT 206.39 321.05 Td (by ) Tj ET Q q 0 0 0 rg BT 221.82 321.05 Td (1) Tj ET Q q 0 0 0 rg BT 227.12 321.05 Td (10 ) Tj ET Q q 0 0 0 rg BT 243.18 321.05 Td (basis ) Tj ET Q q 0 0 0 rg BT 272.68 321.05 Td (points ) Tj ET Q q 0 0 0 rg BT 305.85 321.05 Td (to ) Tj ET Q q 0 0 0 rg BT 318.84 321.05 Td (44.8% ) Tj ET Q q 0 0 0 rg BT 353.85 321.05 Td (in ) Tj ET Q q 0 0 0 rg BT 366.23 321.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 397.57 321.05 Td (compared ) Tj ET Q q 0 0 0 rg BT 450.31 321.05 Td (with ) Tj ET Q q 0 0 0 rg BT 473.69 321.05 Td (the ) Tj ET Q q 0 0 0 rg BT 492.80 321.05 Td (corresponding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 307.85 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 94.98 307.85 Td (period. ) Tj ET Q q 0 0 0 rg BT 131.52 307.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 152.77 307.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 170.35 307.85 Td (Segment ) Tj ET Q q 0 0 0 rg BT 217.29 307.85 Td (OCF ) Tj ET Q q 0 0 0 rg BT 243.42 307.85 Td (margin ) Tj ET Q q 0 0 0 rg BT 279.95 307.85 Td (improved ) Tj ET Q q 0 0 0 rg BT 328.10 307.85 Td (sequentially ) Tj ET Q q 0 0 0 rg BT 389.10 307.85 Td (by ) Tj ET Q q 0 0 0 rg BT 403.63 307.85 Td (170 ) Tj ET Q q 0 0 0 rg BT 424.89 307.85 Td (basis ) Tj ET Q q 0 0 0 rg BT 453.48 307.85 Td (points ) Tj ET Q q 0 0 0 rg BT 485.74 307.85 Td (as ) Tj ET Q q 0 0 0 rg BT 500.27 307.85 Td (we ) Tj ET Q q 0 0 0 rg BT 517.24 307.85 Td (benefited ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 294.65 Td (from ) Tj ET Q q 0 0 0 rg BT 69.66 294.65 Td (a ) Tj ET Q q 0 0 0 rg BT 78.44 294.65 Td (full ) Tj ET Q q 0 0 0 rg BT 95.17 294.65 Td (quarter ) Tj ET Q q 0 0 0 rg BT 132.68 294.65 Td (of ) Tj ET Q q 0 0 0 rg BT 144.52 294.65 Td (the ) Tj ET Q q 0 0 0 rg BT 162.47 294.65 Td (XL) Tj ET Q q 0 0 0 rg BT 175.52 294.65 Td ( ) Tj ET Q q 0 0 0 rg BT 178.01 294.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 194.72 294.65 Td (price ) Tj ET Q q 0 0 0 rg BT 221.23 294.65 Td (rise, ) Tj ET Q q 0 0 0 rg BT 244.67 294.65 Td (which ) Tj ET Q q 0 0 0 rg BT 275.46 294.65 Td (was ) Tj ET Q q 0 0 0 rg BT 297.68 294.65 Td (implemented ) Tj ET Q q 0 0 0 rg BT 363.32 294.65 Td (in ) Tj ET Q q 0 0 0 rg BT 374.54 294.65 Td (September) Tj ET Q q 0 0 0 rg BT 427.74 294.65 Td (. ) Tj ET Q q 0 0 0 rg BT 433.46 294.65 Td (On ) Tj ET Q q 0 0 0 rg BT 450.80 294.65 Td (a ) Tj ET Q q 0 0 0 rg BT 459.58 294.65 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 533.76 294.65 Td (basis, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 281.45 Td (our ) Tj ET Q q 0 0 0 rg BT 63.95 281.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 81.68 281.45 Td (Segment ) Tj ET Q q 0 0 0 rg BT 128.77 281.45 Td (OCF ) Tj ET Q q 0 0 0 rg BT 155.04 281.45 Td (margin ) Tj ET Q q 0 0 0 rg BT 191.72 281.45 Td (improved ) Tj ET Q q 0 0 0 rg BT 240.02 281.45 Td (by ) Tj ET Q q 0 0 0 rg BT 254.69 281.45 Td (80 ) Tj ET Q q 0 0 0 rg BT 269.98 281.45 Td (basis ) Tj ET Q q 0 0 0 rg BT 298.72 281.45 Td (points. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 257.45 Td (Property ) Tj ET Q q 0 0 0 rg BT 89.57 257.45 Td (and ) Tj ET Q q 0 0 0 rg BT 110.92 257.45 Td (equipment ) Tj ET Q q 0 0 0 rg BT 165.29 257.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 212.32 257.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 263.02 257.45 Td (by ) Tj ET Q q 0 0 0 rg BT 277.64 257.45 Td (34 ) Tj ET Q q 0 0 0 rg BT 298.99 257.45 Td (million ) Tj ET Q q 0 0 0 rg BT 333.16 257.45 Td (or ) Tj ET Q q 0 0 0 rg BT 345.94 257.45 Td (14% ) Tj ET Q q 0 0 0 rg BT 370.96 257.45 Td (in ) Tj ET Q q 0 0 0 rg BT 382.52 257.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 400.19 257.45 Td (to ) Tj ET Q q 0 0 0 rg BT 412.37 257.45 Td (272 ) Tj ET Q q 0 0 0 rg BT 439.84 257.45 Td (million ) Tj ET Q q 0 0 0 rg BT 474.01 257.45 Td (and ) Tj ET Q q 0 0 0 rg BT 495.36 257.45 Td (by ) Tj ET Q q 0 0 0 rg BT 509.98 257.45 Td (84 ) Tj ET Q q 0 0 0 rg BT 531.33 257.45 Td (million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 244.25 Td (or ) Tj ET Q q 0 0 0 rg BT 57.52 244.25 Td (9% ) Tj ET Q q 0 0 0 rg BT 76.16 244.25 Td (in ) Tj ET Q q 0 0 0 rg BT 87.46 244.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 114.66 244.25 Td (to ) Tj ET Q q 0 0 0 rg BT 126.58 244.25 Td (999 ) Tj ET Q q 0 0 0 rg BT 153.79 244.25 Td (million. ) Tj ET Q q 0 0 0 rg BT 190.58 244.25 Td (These ) Tj ET Q q 0 0 0 rg BT 223.89 244.25 Td (increases ) Tj ET Q q 0 0 0 rg BT 273.70 244.25 Td (have ) Tj ET Q q 0 0 0 rg BT 300.29 244.25 Td (been ) Tj ET Q q 0 0 0 rg BT 327.50 244.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 371.80 244.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 404.50 244.25 Td (by ) Tj ET Q q 0 0 0 rg BT 418.85 244.25 Td (Project ) Tj ET Q q 0 0 0 rg BT 455.82 244.25 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 503.21 244.25 Td (as ) Tj ET Q q 0 0 0 rg BT 517.57 244.25 Td (the ) Tj ET Q q 0 0 0 rg BT 535.60 244.25 Td (build-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 231.05 Td (out ) Tj ET Q q 0 0 0 rg BT 63.24 231.05 Td (component ) Tj ET Q q 0 0 0 rg BT 120.61 231.05 Td (of ) Tj ET Q q 0 0 0 rg BT 132.74 231.05 Td (our ) Tj ET Q q 0 0 0 rg BT 151.58 231.05 Td (network ) Tj ET Q q 0 0 0 rg BT 193.05 231.05 Td (extension ) Tj ET Q q 0 0 0 rg BT 243.09 231.05 Td (was ) Tj ET Q q 0 0 0 rg BT 265.60 231.05 Td (105 ) Tj ET Q q 0 0 0 rg BT 293.02 231.05 Td (million ) Tj ET Q q 0 0 0 rg BT 327.14 231.05 Td (in ) Tj ET Q q 0 0 0 rg BT 338.65 231.05 Td (2015. ) Tj ET Q q 0 0 0 rg BT 368.93 231.05 Td (This ) Tj ET Q q 0 0 0 rg BT 392.66 231.05 Td (investment ) Tj ET Q q 0 0 0 rg BT 448.80 231.05 Td (was ) Tj ET Q q 0 0 0 rg BT 471.31 231.05 Td (partially ) Tj ET Q q 0 0 0 rg BT 512.16 231.05 Td (of) Tj ET Q q 0 0 0 rg BT 521.14 231.05 Td (fset ) Tj ET Q q 0 0 0 rg BT 541.82 231.05 Td (by ) Tj ET Q q 0 0 0 rg BT 556.38 231.05 Td (a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 217.85 Td (reduction ) Tj ET Q q 0 0 0 rg BT 96.10 217.85 Td (in ) Tj ET Q q 0 0 0 rg BT 110.50 217.85 Td (customer ) Tj ET Q q 0 0 0 rg BT 161.59 217.85 Td (premises ) Tj ET Q q 0 0 0 rg BT 212.05 217.85 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 272.33 217.85 Td (mainly ) Tj ET Q q 0 0 0 rg BT 309.96 217.85 Td (driven ) Tj ET Q q 0 0 0 rg BT 345.76 217.85 Td (by ) Tj ET Q q 0 0 0 rg BT 363.23 217.85 Td (more ) Tj ET Q q 0 0 0 rg BT 394.13 217.85 Td (ef) Tj ET Q q 0 0 0 rg BT 403.11 217.85 Td (ficient ) Tj ET Q q 0 0 0 rg BT 437.69 217.85 Td (redeployment ) Tj ET Q q 0 0 0 rg BT 510.19 217.85 Td (of ) Tj ET Q q 0 0 0 rg BT 525.20 217.85 Td (existing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 204.65 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 102.78 204.65 Td (Property ) Tj ET Q q 0 0 0 rg BT 147.70 204.65 Td (and ) Tj ET Q q 0 0 0 rg BT 169.41 204.65 Td (equipment ) Tj ET Q q 0 0 0 rg BT 224.13 204.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 271.52 204.65 Td (as ) Tj ET Q q 0 0 0 rg BT 286.49 204.65 Td (a ) Tj ET Q q 0 0 0 rg BT 295.96 204.65 Td (percentage ) Tj ET Q q 0 0 0 rg BT 354.35 204.65 Td (of ) Tj ET Q q 0 0 0 rg BT 366.88 204.65 Td (revenue ) Tj ET Q q 0 0 0 rg BT 409.99 204.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 461.03 204.65 Td (slightly ) Tj ET Q q 0 0 0 rg BT 498.01 204.65 Td (to ) Tj ET Q q 0 0 0 rg BT 510.54 204.65 Td (23% ) Tj ET Q q 0 0 0 rg BT 535.91 204.65 Td (in ) Tj ET Q q 0 0 0 rg BT 547.82 204.65 Td (Q4 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 191.45 Td (and ) Tj ET Q q 0 0 0 rg BT 66.29 191.45 Td (22% ) Tj ET Q q 0 0 0 rg BT 91.24 191.45 Td (in ) Tj ET Q q 0 0 0 rg BT 102.73 191.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 133.19 191.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 185.04 191.45 Td (with ) Tj ET Q q 0 0 0 rg BT 207.54 191.45 Td (21% ) Tj ET Q q 0 0 0 rg BT 232.48 191.45 Td (and ) Tj ET Q q 0 0 0 rg BT 253.77 191.45 Td (20%, ) Tj ET Q q 0 0 0 rg BT 281.78 191.45 Td (respectively) Tj ET Q q 0 0 0 rg BT 339.04 191.45 Td (, ) Tj ET Q q 0 0 0 rg BT 345.03 191.45 Td (for ) Tj ET Q q 0 0 0 rg BT 360.80 191.45 Td (the ) Tj ET Q q 0 0 0 rg BT 379.02 191.45 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 451.67 191.45 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 501.67 191.45 Td (periods. ) Tj ET Q q 0 0 0 rg BT 543.55 191.45 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 178.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 72.47 178.25 Td (results ) Tj ET Q q 0 0 0 rg BT 107.87 178.25 Td (are ) Tj ET Q q 0 0 0 rg BT 126.77 178.25 Td (in ) Tj ET Q q 0 0 0 rg BT 138.34 178.25 Td (line ) Tj ET Q q 0 0 0 rg BT 158.46 178.25 Td (with ) Tj ET Q q 0 0 0 rg BT 181.03 178.25 Td (our ) Tj ET Q q 0 0 0 rg BT 199.93 178.25 Td (guidance ) Tj ET Q q 0 0 0 rg BT 247.58 178.25 Td (of ) Tj ET Q q 0 0 0 rg BT 259.76 178.25 Td (21% ) Tj ET Q q 0 0 0 rg BT 284.78 178.25 Td (to ) Tj ET Q q 0 0 0 rg BT 296.95 178.25 Td (23%. ) Tj ET Q q 0 0 0 rg BT 325.03 178.25 Td (For ) Tj ET Q q 0 0 0 rg BT 344.53 178.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 375.06 178.25 Td (we ) Tj ET Q q 0 0 0 rg BT 392.12 178.25 Td (expect ) Tj ET Q q 0 0 0 rg BT 427.53 178.25 Td (our ) Tj ET Q q 0 0 0 rg BT 446.44 178.25 Td (property ) Tj ET Q q 0 0 0 rg BT 489.79 178.25 Td (and ) Tj ET Q q 0 0 0 rg BT 511.15 178.25 Td (equipment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 165.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 92.75 165.05 Td (to ) Tj ET Q q 0 0 0 rg BT 105.63 165.05 Td (range ) Tj ET Q q 0 0 0 rg BT 137.48 165.05 Td (between ) Tj ET Q q 0 0 0 rg BT 182.78 165.05 Td (25% ) Tj ET Q q 0 0 0 rg BT 208.51 165.05 Td (and ) Tj ET Q q 0 0 0 rg BT 230.57 165.05 Td (27% ) Tj ET Q q 0 0 0 rg BT 256.30 165.05 Td (of ) Tj ET Q q 0 0 0 rg BT 269.19 165.05 Td (revenue ) Tj ET Q q 0 0 0 rg BT 312.65 165.05 Td (and ) Tj ET Q q 0 0 0 rg BT 334.72 165.05 Td (further ) Tj ET Q q 0 0 0 rg BT 370.23 165.05 Td (increases ) Tj ET Q q 0 0 0 rg BT 421.02 165.05 Td (in ) Tj ET Q q 0 0 0 rg BT 433.29 165.05 Td (this ) Tj ET Q q 0 0 0 rg BT 454.12 165.05 Td (range ) Tj ET Q q 0 0 0 rg BT 485.97 165.05 Td (are ) Tj ET Q q 0 0 0 rg BT 505.58 165.05 Td (expected ) Tj ET Q q 0 0 0 rg BT 553.94 165.05 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 151.85 Td (2017 ) Tj ET Q q 0 0 0 rg BT 71.69 151.85 Td (and ) Tj ET Q q 0 0 0 rg BT 92.26 151.85 Td (2018 ) Tj ET Q q 0 0 0 rg BT 118.94 151.85 Td (as ) Tj ET Q q 0 0 0 rg BT 132.78 151.85 Td (Project ) Tj ET Q q 0 0 0 rg BT 169.23 151.85 Td (Lightning ) Tj ET Q q 0 0 0 rg BT 216.09 151.85 Td (continues ) Tj ET Q q 0 0 0 rg BT 265.40 151.85 Td (to ) Tj ET Q q 0 0 0 rg BT 276.79 151.85 Td (ramp ) Tj ET Q q 0 0 0 rg BT 304.06 151.85 Td (up. ) Tj ET Q q 0 0 0 rg BT 321.57 151.85 Td (W) Tj ET Q q 0 0 0 rg BT 331.75 151.85 Td (e ) Tj ET Q q 0 0 0 rg BT 340.09 151.85 Td (expect ) Tj ET Q q 0 0 0 rg BT 374.71 151.85 Td (approximately ) Tj ET Q q 0 0 0 rg BT 445.40 151.85 Td (30% ) Tj ET Q q 0 0 0 rg BT 469.64 151.85 Td (of ) Tj ET Q q 0 0 0 rg BT 481.03 151.85 Td (our ) Tj ET Q q 0 0 0 rg BT 499.14 151.85 Td (total ) Tj ET Q q 0 0 0 rg BT 522.15 151.85 Td (property ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 45.00 138.65 Td (and ) Tj ET Q q 0 0 0 rg BT 66.41 138.65 Td (equipment ) Tj ET Q q 0 0 0 rg BT 120.83 138.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 167.92 138.65 Td (during ) Tj ET Q q 0 0 0 rg BT 201.56 138.65 Td (2016 ) Tj ET Q q 0 0 0 rg BT 229.08 138.65 Td (will ) Tj ET Q q 0 0 0 rg BT 247.42 138.65 Td (be ) Tj ET Q q 0 0 0 rg BT 262.71 138.65 Td (related ) Tj ET Q q 0 0 0 rg BT 299.40 138.65 Td (to ) Tj ET Q q 0 0 0 rg BT 311.63 138.65 Td (our ) Tj ET Q q 0 0 0 rg BT 330.58 138.65 Td (new ) Tj ET Q q 0 0 0 rg BT 353.82 138.65 Td (build ) Tj ET Q q 0 0 0 rg BT 380.11 138.65 Td (programme.) Tj ET Q /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I25 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 (Summary of ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 128.60 709.85 Td (Third-Party Debt, V) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 247.64 709.85 Td (endor Financing, Capital Lease Obligations and ) Tj ET Q BT /F2 14.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 693.05 Td (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 49.50 672.65 Td (The ) Tj ET Q q 0 0 0 rg BT 71.39 672.65 Td (following ) Tj ET Q q 0 0 0 rg BT 117.13 672.65 Td (table ) Tj ET Q q 0 0 0 rg BT 143.92 672.65 Td (details ) Tj ET Q q 0 0 0 rg BT 178.65 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 196.88 672.65 Td (nominal ) Tj ET Q q 0 0 0 rg BT 238.34 672.65 Td (value ) Tj ET Q q 0 0 0 rg BT 267.58 672.65 Td (and ) Tj ET Q q 0 0 0 rg BT 288.87 672.65 Td (sterling ) Tj ET Q q 0 0 0 rg BT 327.26 672.65 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 380.35 672.65 Td (of ) Tj ET Q q 0 0 0 rg BT 392.46 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 410.69 672.65 Td (carrying ) Tj ET Q q 0 0 0 rg BT 452.75 672.65 Td (value ) Tj ET Q q 0 0 0 rg BT 481.98 672.65 Td (of ) Tj ET Q q 0 0 0 rg BT 494.09 672.65 Td (V) Tj ET Q q 0 0 0 rg BT 501.23 672.65 Td (irgin ) Tj ET Q q 0 0 0 rg BT 524.96 672.65 Td (Media's ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 659.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 113.99 659.45 Td (third-party ) Tj ET Q q 0 0 0 rg BT 166.23 659.45 Td (debt, ) Tj ET Q q 0 0 0 rg BT 193.42 659.45 Td (vendor ) Tj ET Q q 0 0 0 rg BT 229.78 659.45 Td (financing, ) Tj ET Q q 0 0 0 rg BT 279.59 659.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 314.11 659.45 Td (lease ) Tj ET Q q 0 0 0 rg BT 343.13 659.45 Td (obligations ) Tj ET Q q 0 0 0 rg BT 398.44 659.45 Td (and ) Tj ET Q q 0 0 0 rg BT 419.52 659.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 445.48 659.45 Td (and ) Tj ET Q q 0 0 0 rg BT 466.55 659.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 492.51 659.45 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 550.89 659.45 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 646.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.73 646.25 Td (the ) Tj ET Q q 0 0 0 rg BT 80.08 646.25 Td (dates ) Tj ET Q q 0 0 0 rg BT 110.04 646.25 Td (indicated: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 612.75 m 414 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414 612.75 m 418 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 612.75 m 483 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 612.75 m 563 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 585.75 m 414 585.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 585.75 m 483 585.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 585.75 m 563 585.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 506.75 m 563 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 506.75 m 483 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 492.75 m 483 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 506.75 m 563 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 492.75 m 563 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 335.75 m 563 335.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 335.75 m 483 335.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 321.75 m 483 321.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 335.75 m 563 335.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 321.75 m 563 321.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 178.75 m 563 178.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 178.75 m 483 178.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 164.75 m 483 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 178.75 m 563 178.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 164.75 m 563 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 146.75 m 483 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 146.75 m 563 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 132.75 m 483 132.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 132.75 m 563 132.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 118.75 m 483 118.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 118.75 m 563 118.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 87.75 m 563 87.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 87.75 m 483 87.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 74.75 m 483 74.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 72.75 m 483 72.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 87.75 m 563 87.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 74.75 m 563 74.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 72.75 m 563 72.75 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.20 626.70 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 491.70 626.70 Td (September 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.45 614.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.45 614.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.20 599.15 Td (Nominal) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 367.45 590.15 Td (value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.45 599.15 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 590.15 Td (value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 503.95 599.15 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.95 590.15 Td (value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.70 576.75 Td (in millions) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 565.97 Td (Senior Credit Facility) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 552.97 Td (Term Loan D \(LIBOR + 3.25%\) due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.90 552.97 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 552.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 552.97 Td (100.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.50 552.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.65 552.97 Td (99.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.50 552.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 552.97 Td (99.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 538.97 Td (Term Loan E \(LIBOR + 3.50%\) due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.90 538.97 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 538.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 538.97 Td (849.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 538.97 Td (847.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 538.97 Td (847.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 524.97 Td (Term Loan F \(LIBOR + 2.75%\) due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.90 524.97 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 524.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.75 524.97 Td (1,855.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.75 524.97 Td (1,250.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.75 524.97 Td (1,217.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 510.97 Td (Revolving Credit Facility \(LIBOR + 2.75%\) due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.90 510.97 Td (....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 510.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 510.97 Td (675.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 510.97 Td (147.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 510.97 Td (110.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.00 496.97 Td (Total Senior Credit Facility) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 185.45 496.97 Td (.................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.75 496.97 Td (2,345.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.75 496.97 Td (2,275.2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 478.97 Td (Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 465.97 Td (6.00% GBP Senior Secured Notes due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.55 465.97 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 465.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 465.97 Td (990.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 465.97 Td (990.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 465.97 Td (990.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 451.97 Td (5.50% GBP Senior Secured Notes due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.55 451.97 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 451.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 451.97 Td (628.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 451.97 Td (635.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 451.97 Td (635.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 437.97 Td (5.375% USD Senior Secured Notes due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.15 437.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 437.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 437.97 Td (900.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 437.97 Td (610.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 437.97 Td (594.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 423.97 Td (5.25% USD Senior Secured Notes due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.55 423.97 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 423.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 423.97 Td (447.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 423.97 Td (310.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 423.97 Td (303.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 409.97 Td (5.50% GBP Senior Secured Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.55 409.97 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 409.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 409.97 Td (387.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 409.97 Td (387.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 409.97 Td (387.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 395.97 Td (5.125% GBP Senior Secured Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.15 395.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 395.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 395.97 Td (300.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 395.97 Td (300.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 395.97 Td (300.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 381.97 Td (5.50% USD Senior Secured Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.55 381.97 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 381.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 381.97 Td (425.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 381.97 Td (288.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 381.97 Td (280.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 367.97 Td (5.25% USD Senior Secured Notes due 2026) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.55 367.97 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 367.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.75 367.97 Td (1,000.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 367.97 Td (682.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 367.97 Td (664.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 353.97 Td (4.875% GBP Senior Secured Notes due 2027) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.15 353.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 353.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 353.97 Td (525.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 353.97 Td (525.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 353.97 Td (525.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 339.97 Td (6.25% GBP Senior Secured Notes due 2029) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.55 339.97 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 339.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 339.97 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 339.97 Td (402.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 339.97 Td (402.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.00 325.97 Td (Total Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.00 325.97 Td (...............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.75 325.97 Td (5,132.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.75 325.97 Td (5,083.4) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.50 307.97 Td (Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 294.97 Td (4.875% USD Senior Notes due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.45 294.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 294.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 294.97 Td (118.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.65 294.97 Td (81.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 294.97 Td (79.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 280.97 Td (5.25% USD Senior Notes due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.90 280.97 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 280.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 280.97 Td (95.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.65 280.97 Td (64.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 280.97 Td (63.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 266.97 Td (5.125% GBP Senior Notes due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.45 266.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 266.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 266.97 Td (44.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.65 266.97 Td (44.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 266.97 Td (44.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 252.97 Td (6.375% USD Senior Notes due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.45 252.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 252.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 252.97 Td (530.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 252.97 Td (359.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 252.97 Td (350.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 238.97 Td (7.00% GBP Senior Notes due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.90 238.97 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 238.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 238.97 Td (250.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 238.97 Td (250.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 238.97 Td (250.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 224.97 Td (6.00% USD Senior Notes due 2024) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.90 224.97 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 224.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 224.97 Td (500.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 224.97 Td (339.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 224.97 Td (330.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 210.97 Td (6.375% GBP Senior Notes due 2024) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.45 210.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 210.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 210.97 Td (300.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 210.97 Td (300.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 210.97 Td (300.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 196.97 Td (4.50% EUR Senior Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.90 196.97 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 196.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 196.97 Td (460.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 196.97 Td (339.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 196.97 Td (340.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 182.97 Td (5.75% USD Senior Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.90 182.97 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 182.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 182.97 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 182.97 Td (271.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 182.97 Td (264.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.00 168.97 Td (Total Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 152.10 168.97 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.75 168.97 Td (2,050.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.75 168.97 Td (2,021.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 150.97 Td (6.50% USD Convertible Senior Notes due 2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.45 150.97 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.50 150.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 150.97 Td (54.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.65 150.97 Td (38.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 150.97 Td (37.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 136.97 Td (Capital Lease Obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 168.75 136.97 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 136.97 Td (108.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 136.97 Td (120.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 122.97 Td (Vendor Financing) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 132.65 122.97 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.10 122.97 Td (513.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 122.97 Td (302.0) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 108.97 Td (Total third-party debt and capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 307.70 108.97 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.20 108.97 Td (10,187.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.75 108.97 Td (9,840.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 91.97 Td (Less: cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.30 91.97 Td (............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.65 91.97 Td (20.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 91.97 Td (131.2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 77.97 Td (Net 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 297.70 82.74 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 307.70 77.97 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.50 77.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.20 77.97 Td (10,167.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.50 77.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.75 77.97 Td (9,708.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 59.24 Td (Exchange rate \() Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 123.10 59.24 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 129.21 59.24 Td ( to \)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.85 59.97 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.55 59.97 Td (1.3559) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 59.97 Td (1.3532) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 45.97 Td (Exchange rate \($ to \)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.85 45.97 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.55 45.97 Td (1.4734) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 45.97 Td (1.5132) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I26 Do Q endstream endobj 17 0 obj <> endobj 18 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 (8) 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 (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 (At ) Tj ET Q q 0 0 0 rg BT 62.26 683.45 Td (December ) Tj ET Q q 0 0 0 rg BT 115.36 683.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 133.01 683.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 162.90 683.45 Td (our ) Tj ET Q q 0 0 0 rg BT 181.16 683.45 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 250.78 683.45 Td (third-party ) Tj ET Q q 0 0 0 rg BT 302.66 683.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 326.43 683.45 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 377.10 683.45 Td (cost) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 397.27 688.70 Td (26) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 405.22 683.45 Td ( ) Tj ET Q q 0 0 0 rg BT 407.58 683.45 Td (was ) Tj ET Q q 0 0 0 rg BT 429.51 683.45 Td (5.3% ) Tj ET Q q 0 0 0 rg BT 456.94 683.45 Td (and ) Tj ET Q q 0 0 0 rg BT 477.66 683.45 Td (the ) Tj ET Q q 0 0 0 rg BT 495.31 683.45 Td (average ) Tj ET Q q 0 0 0 rg BT 537.43 683.45 Td (tenor ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 670.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.48 670.25 Td (our ) Tj ET Q q 0 0 0 rg BT 78.17 670.25 Td (third-party ) Tj ET Q q 0 0 0 rg BT 129.49 670.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 152.70 670.25 Td (was ) Tj ET Q q 0 0 0 rg BT 174.07 670.25 Td (almost ) Tj ET Q q 0 0 0 rg BT 208.27 670.25 Td (eight ) Tj ET Q q 0 0 0 rg BT 233.92 670.25 Td (years. ) Tj ET Q q 0 0 0 rg BT 265.68 670.25 Td (Based ) Tj ET Q q 0 0 0 rg BT 298.67 670.25 Td (on ) Tj ET Q q 0 0 0 rg BT 312.70 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 329.80 670.25 Td (results ) Tj ET Q q 0 0 0 rg BT 364.00 670.25 Td (for ) Tj ET Q q 0 0 0 rg BT 378.63 670.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 395.11 670.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 424.44 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 444.59 670.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 481.25 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 492.22 670.25 Td (the ) Tj ET Q q 0 0 0 rg BT 509.31 670.25 Td (completion ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 657.05 Td (of ) Tj ET Q q 0 0 0 rg BT 61.96 657.05 Td (our ) Tj ET Q q 0 0 0 rg BT 81.15 657.05 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 99.11 657.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 126.87 657.05 Td (compliance ) Tj ET Q q 0 0 0 rg BT 185.80 657.05 Td (reporting ) Tj ET Q q 0 0 0 rg BT 232.50 657.05 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 303.05 657.05 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 316.10 657.05 Td (the ) Tj ET Q q 0 0 0 rg BT 334.69 657.05 Td (ratio ) Tj ET Q q 0 0 0 rg BT 359.37 657.05 Td (of ) Tj ET Q q 0 0 0 rg BT 371.84 657.05 Td (Senior ) Tj ET Q q 0 0 0 rg BT 406.92 657.05 Td (Net ) Tj ET Q q 0 0 0 rg BT 427.33 657.05 Td (Debt ) Tj ET Q q 0 0 0 rg BT 453.85 657.05 Td (to ) Tj ET Q q 0 0 0 rg BT 465.66 657.05 Td (Annualised ) Tj ET Q q 0 0 0 rg BT 523.38 657.05 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 562.50 657.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 643.85 Td (\(last ) Tj ET Q q 0 0 0 rg BT 73.14 643.85 Td (two ) Tj ET Q q 0 0 0 rg BT 93.12 643.85 Td (quarters ) Tj ET Q q 0 0 0 rg BT 136.34 643.85 Td (annualised\) ) Tj ET Q q 0 0 0 rg BT 196.08 643.85 Td (was ) Tj ET Q q 0 0 0 rg BT 218.50 643.85 Td (3.52x ) Tj ET Q q 0 0 0 rg BT 248.27 643.85 Td (and ) Tj ET Q q 0 0 0 rg BT 269.49 643.85 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 284.56 643.85 Td (the ) Tj ET Q q 0 0 0 rg BT 302.72 643.85 Td (ratio ) Tj ET Q q 0 0 0 rg BT 326.98 643.85 Td (of ) Tj ET Q q 0 0 0 rg BT 338.83 643.85 Td (T) Tj ET Q q 0 0 0 rg BT 344.33 643.85 Td (otal ) Tj ET Q q 0 0 0 rg BT 364.92 643.85 Td (Net ) Tj ET Q q 0 0 0 rg BT 384.90 643.85 Td (Debt ) Tj ET Q q 0 0 0 rg BT 411.00 643.85 Td (to ) Tj ET Q q 0 0 0 rg BT 422.47 643.85 Td (Annualised ) Tj ET Q q 0 0 0 rg BT 479.76 643.85 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 518.89 643.85 Td ( ) Tj ET Q q 0 0 0 rg BT 521.75 643.85 Td (\(last ) Tj ET Q q 0 0 0 rg BT 545.39 643.85 Td (two ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 630.65 Td (quarters ) Tj ET Q q 0 0 0 rg BT 93.19 630.65 Td (annualised\) ) Tj ET Q q 0 0 0 rg BT 153.41 630.65 Td (was ) Tj ET Q q 0 0 0 rg BT 176.31 630.65 Td (4.46x, ) Tj ET Q q 0 0 0 rg BT 209.61 630.65 Td (each ) Tj ET Q q 0 0 0 rg BT 236.81 630.65 Td (as ) Tj ET Q q 0 0 0 rg BT 251.76 630.65 Td (defined ) Tj ET Q q 0 0 0 rg BT 291.19 630.65 Td (in, ) Tj ET Q q 0 0 0 rg BT 306.15 630.65 Td (and ) Tj ET Q q 0 0 0 rg BT 327.84 630.65 Td (calculated ) Tj ET Q q 0 0 0 rg BT 380.71 630.65 Td (in ) Tj ET Q q 0 0 0 rg BT 392.62 630.65 Td (accordance ) Tj ET Q q 0 0 0 rg BT 452.83 630.65 Td (with, ) Tj ET Q q 0 0 0 rg BT 478.78 630.65 Td (our ) Tj ET Q q 0 0 0 rg BT 498.02 630.65 Td (Senior ) Tj ET Q q 0 0 0 rg BT 533.16 630.65 Td (Credit ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 617.45 Td (Facilities. ) Tj ET Q q 0 0 0 rg BT 100.03 617.45 Td (W) Tj ET Q q 0 0 0 rg BT 110.22 617.45 Td (e ) Tj ET Q q 0 0 0 rg BT 121.02 617.45 Td (had ) Tj ET Q q 0 0 0 rg BT 144.07 617.45 Td (maximum ) Tj ET Q q 0 0 0 rg BT 196.43 617.45 Td (undrawn ) Tj ET Q q 0 0 0 rg BT 243.31 617.45 Td (commitments ) Tj ET Q q 0 0 0 rg BT 313.40 617.45 Td (of ) Tj ET Q q 0 0 0 rg BT 327.27 617.45 Td (528 ) Tj ET Q q 0 0 0 rg BT 356.43 617.45 Td (million ) Tj ET Q q 0 0 0 rg BT 392.29 617.45 Td (at ) Tj ET Q q 0 0 0 rg BT 406.16 617.45 Td (December ) Tj ET Q q 0 0 0 rg BT 461.59 617.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 481.57 617.45 Td (2015. ) Tj ET Q q 0 0 0 rg BT 513.79 617.45 Td (When ) 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 (December ) Tj ET Q q 0 0 0 rg BT 102.90 604.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 120.86 604.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 147.99 604.25 Td (compliance ) Tj ET Q q 0 0 0 rg BT 206.30 604.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 252.37 604.25 Td (requirements ) Tj ET Q q 0 0 0 rg BT 319.23 604.25 Td (are ) Tj ET Q q 0 0 0 rg BT 337.80 604.25 Td (completed, ) Tj ET Q q 0 0 0 rg BT 394.27 604.25 Td (we ) Tj ET Q q 0 0 0 rg BT 410.99 604.25 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 460.74 604.25 Td (the ) Tj ET Q q 0 0 0 rg BT 478.70 604.25 Td (full ) Tj ET Q q 0 0 0 rg BT 495.42 604.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 534.78 604.25 Td (of ) Tj ET Q q 0 0 0 rg BT 546.61 604.25 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 591.05 Td (unused ) Tj ET Q q 0 0 0 rg BT 88.64 591.05 Td (commitments ) Tj ET Q q 0 0 0 rg BT 157.10 591.05 Td (will ) Tj ET Q q 0 0 0 rg BT 175.43 591.05 Td (continue ) Tj ET Q q 0 0 0 rg BT 220.08 591.05 Td (to ) Tj ET Q q 0 0 0 rg BT 232.31 591.05 Td (be ) Tj ET Q q 0 0 0 rg BT 247.60 591.05 Td (available ) Tj ET Q q 0 0 0 rg BT 294.07 591.05 Td (to ) Tj ET Q q 0 0 0 rg BT 306.30 591.05 Td (be ) Tj ET Q q 0 0 0 rg BT 321.59 591.05 Td (drawn. ) Tj ET Q /GS0 gs q 74.36 0 0 47.00 487.60 732.55 cm /I27 Do Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F2 9.00 Tf ET q 0 0 0 rg BT 556.95 24.95 Td (9) 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 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 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 Fiscal 2015 Results) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 674.25 Td (Extending Broadband Speed Leadership with 400 Mbps Bundles) 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 (Adjusted Segment EBITDA) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 241.60 645.05 Td ( Up 8% in 2015, with 1) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 400.51 645.05 Td (1% Growth in Q4) 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 49.50 621.85 Td (Unitymedia ) Tj ET Q q 0 0 0 rg BT 107.43 621.85 Td (GmbH ) Tj ET Q q 0 0 0 rg BT 142.11 621.85 Td (\("Unitymedia"\) ) Tj ET Q q 0 0 0 rg BT 215.18 621.85 Td (is ) Tj ET Q q 0 0 0 rg BT 226.02 621.85 Td (the ) Tj ET Q q 0 0 0 rg BT 244.22 621.85 Td (leading ) Tj ET Q q 0 0 0 rg BT 282.60 621.85 Td (cable ) Tj ET Q q 0 0 0 rg BT 311.80 621.85 Td (operator ) Tj ET Q q 0 0 0 rg BT 355.68 621.85 Td (in ) Tj ET Q q 0 0 0 rg BT 367.15 621.85 Td (Germany ) Tj ET Q q 0 0 0 rg BT 415.29 621.85 Td (and ) Tj ET Q q 0 0 0 rg BT 436.55 621.85 Td (the ) Tj ET Q q 0 0 0 rg BT 454.74 621.85 Td (federal ) Tj ET Q q 0 0 0 rg BT 491.28 621.85 Td (states ) Tj ET Q q 0 0 0 rg BT 523.54 621.85 Td (of ) Tj ET Q q 0 0 0 rg BT 535.61 621.85 Td (North ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 608.65 Td (Rhine-W) Tj ET Q q 0 0 0 rg BT 92.09 608.65 Td (estphalia ) Tj ET Q q 0 0 0 rg BT 137.66 608.65 Td (\("NR) Tj ET Q q 0 0 0 rg BT 160.92 608.65 Td (W"\), ) Tj ET Q q 0 0 0 rg BT 183.47 608.65 Td (Hesse ) Tj ET Q q 0 0 0 rg BT 216.20 608.65 Td (and ) Tj ET Q q 0 0 0 rg BT 236.09 608.65 Td (Baden-Wrttemberg. ) Tj ET Q q 0 0 0 rg BT 339.74 608.65 Td (W) Tj ET Q q 0 0 0 rg BT 349.92 608.65 Td (e ) Tj ET Q q 0 0 0 rg BT 357.58 608.65 Td (provide ) Tj ET Q q 0 0 0 rg BT 395.20 608.65 Td (cable ) Tj ET Q q 0 0 0 rg BT 423.05 608.65 Td (television, ) Tj ET Q q 0 0 0 rg BT 473.50 608.65 Td (internet, ) Tj ET Q q 0 0 0 rg BT 514.79 608.65 Td (telephony ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 595.45 Td (and ) Tj ET Q q 0 0 0 rg BT 70.91 595.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 106.37 595.45 Td (services, ) Tj ET Q q 0 0 0 rg BT 152.82 595.45 Td (under ) Tj ET Q q 0 0 0 rg BT 184.01 595.45 Td (our ) Tj ET Q q 0 0 0 rg BT 202.97 595.45 Td ("Unitymedia" ) Tj ET Q q 0 0 0 rg BT 268.86 595.45 Td (brand ) Tj ET Q q 0 0 0 rg BT 300.05 595.45 Td (to ) Tj ET Q q 0 0 0 rg BT 312.28 595.45 Td (7.1 ) Tj ET Q q 0 0 0 rg BT 330.62 595.45 Td (million ) Tj ET Q q 0 0 0 rg BT 364.85 595.45 Td (customers.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 49.50 569.05 Td (Operating and financial highlights) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.34 569.05 Td (*) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 231.62 569.05 Td (:) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 543.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 543.25 Td (Strong ) Tj ET Q q 0 0 0 rg BT 118.62 543.25 Td (focus ) Tj ET Q q 0 0 0 rg BT 149.61 543.25 Td (on ) Tj ET Q q 0 0 0 rg BT 166.56 543.25 Td (the ) Tj ET Q q 0 0 0 rg BT 186.55 543.25 Td (execution ) Tj ET Q q 0 0 0 rg BT 238.35 543.25 Td (of ) Tj ET Q q 0 0 0 rg BT 252.23 543.25 Td (our ) Tj ET Q q 0 0 0 rg BT 272.83 543.25 Td (value ) Tj ET Q q 0 0 0 rg BT 303.84 543.25 Td (strategy ) Tj ET Q q 0 0 0 rg BT 347.67 543.25 Td (delivered) 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 392.31 543.25 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 397.02 543.25 Td (316,000) 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 436.78 543.25 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 441.49 543.25 Td (RGU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 465.93 548.50 Td (2 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 472.97 543.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 521.70 543.25 Td (in ) Tj ET Q q 0 0 0 rg BT 534.97 543.25 Td (2015, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 530.05 Td (including ) Tj ET Q q 0 0 0 rg BT 127.98 530.05 Td (94,000 ) Tj ET Q q 0 0 0 rg BT 164.68 530.05 Td (in ) Tj ET Q q 0 0 0 rg BT 176.29 530.05 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 197.08 530.05 Td (and ) Tj ET Q q 0 0 0 rg BT 218.49 530.05 Td (7% ) Tj ET Q q 0 0 0 rg BT 237.44 530.05 Td (monthly ) Tj ET Q q 0 0 0 rg BT 278.41 530.05 Td (ARPU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 308.97 535.30 Td (16) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 316.92 530.05 Td ( ) Tj ET Q q 0 0 0 rg BT 319.98 530.05 Td (per ) Tj ET Q q 0 0 0 rg BT 338.93 530.05 Td (customer) 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 384.17 530.05 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 387.23 530.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 423.30 530.05 Td (during ) Tj ET Q q 0 0 0 rg BT 456.93 530.05 Td (the ) Tj ET Q q 0 0 0 rg BT 475.28 530.05 Td (year) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 510.23 cm /I28 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 513.25 Td (Added ) Tj ET Q q 0 0 0 rg BT 153.51 513.25 Td (210,000 ) Tj ET Q q 0 0 0 rg BT 197.48 513.25 Td (broadband ) Tj ET Q q 0 0 0 rg BT 254.29 513.25 Td (internet) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 290.98 518.50 Td (3) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 294.95 513.25 Td ( ) Tj ET Q q 0 0 0 rg BT 299.15 513.25 Td (and ) Tj ET Q q 0 0 0 rg BT 321.71 513.25 Td (164,000 ) Tj ET Q q 0 0 0 rg BT 365.68 513.25 Td (telephony) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 413.38 518.50 Td (4) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 417.36 513.25 Td ( ) Tj ET Q q 0 0 0 rg BT 421.56 513.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 455.71 513.25 Td (in ) Tj ET Q q 0 0 0 rg BT 468.48 513.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 500.21 513.25 Td (including ) Tj ET Q q 0 0 0 rg BT 547.83 513.25 Td (Q4 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 500.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 164.59 500.05 Td (of ) Tj ET Q q 0 0 0 rg BT 176.82 500.05 Td (62,000 ) Tj ET Q q 0 0 0 rg BT 213.52 500.05 Td (and ) Tj ET Q q 0 0 0 rg BT 234.93 500.05 Td (46,000, ) Tj ET Q q 0 0 0 rg BT 274.69 500.05 Td (respectively) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 480.23 cm /I29 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 483.25 Td (Gained ) Tj ET Q q 0 0 0 rg BT 156.03 483.25 Td (18,000 ) Tj ET Q q 0 0 0 rg BT 192.73 483.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 241.02 483.25 Td (relationships ) Tj ET Q q 0 0 0 rg BT 305.83 483.25 Td (during ) Tj ET Q q 0 0 0 rg BT 339.47 483.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 370.05 483.25 Td (with ) Tj ET Q q 0 0 0 rg BT 392.67 483.25 Td (10,000 ) Tj ET Q q 0 0 0 rg BT 429.37 483.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 476.46 483.25 Td (in ) Tj ET Q q 0 0 0 rg BT 488.07 483.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 505.80 483.25 Td (alone) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 457.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 457.45 Td (Continued ) Tj ET Q q 0 0 0 rg BT 134.13 457.45 Td (to ) Tj ET Q q 0 0 0 rg BT 145.79 457.45 Td (enhance ) Tj ET Q q 0 0 0 rg BT 190.47 457.45 Td (the ) Tj ET Q q 0 0 0 rg BT 208.25 457.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 255.96 457.45 Td (experience ) Tj ET Q q 0 0 0 rg BT 312.26 457.45 Td (by ) Tj ET Q q 0 0 0 rg BT 326.36 457.45 Td (rolling ) Tj ET Q q 0 0 0 rg BT 358.19 457.45 Td (out ) Tj ET Q q 0 0 0 rg BT 375.96 457.45 Td (a ) Tj ET Q q 0 0 0 rg BT 384.56 457.45 Td (software ) Tj ET Q q 0 0 0 rg BT 428.61 457.45 Td (update ) Tj ET Q q 0 0 0 rg BT 464.74 457.45 Td (to ) Tj ET Q q 0 0 0 rg BT 476.39 457.45 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 516.62 457.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 533.16 457.45 Td (boxes ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 444.25 Td (in ) Tj ET Q q 0 0 0 rg BT 93.12 444.25 Td (December ) Tj ET Q q 0 0 0 rg BT 146.91 444.25 Td (and ) Tj ET Q q 0 0 0 rg BT 168.32 444.25 Td (adding ) Tj ET Q q 0 0 0 rg BT 204.41 444.25 Td (14 ) Tj ET Q q 0 0 0 rg BT 219.70 444.25 Td (new ) Tj ET Q q 0 0 0 rg BT 242.94 444.25 Td (apps ) Tj ET Q q 0 0 0 rg BT 269.85 444.25 Td (since ) Tj ET Q q 0 0 0 rg BT 298.58 444.25 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 316.31 444.25 Td (to ) Tj ET Q q 0 0 0 rg BT 328.54 444.25 Td (the ) Tj ET Q q 0 0 0 rg BT 346.89 444.25 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 387.65 444.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 404.76 444.25 Td (platform, ) Tj ET Q q 0 0 0 rg BT 450.61 444.25 Td (including ) Tj ET Q q 0 0 0 rg BT 496.89 444.25 Td (T) Tj ET Q q 0 0 0 rg BT 503.00 444.25 Td (witter) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 424.43 cm /I30 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 427.45 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 158.26 427.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 175.37 427.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 234.67 427.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 285.42 427.45 Td (by ) Tj ET Q q 0 0 0 rg BT 300.10 427.45 Td (over ) Tj ET Q q 0 0 0 rg BT 324.55 427.45 Td (200,000 ) Tj ET Q q 0 0 0 rg BT 367.37 427.45 Td (in ) Tj ET Q q 0 0 0 rg BT 378.99 427.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 409.57 427.45 Td (with ) Tj ET Q q 0 0 0 rg BT 432.19 427.45 Td (38,000 ) Tj ET Q q 0 0 0 rg BT 468.89 427.45 Td (added ) Tj ET Q q 0 0 0 rg BT 502.53 427.45 Td (in ) Tj ET Q q 0 0 0 rg BT 514.15 427.45 Td (Q4) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 401.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 401.65 Td (Blended ) Tj ET Q q 0 0 0 rg BT 124.77 401.65 Td (video ) Tj ET Q q 0 0 0 rg BT 153.96 401.65 Td (and ) Tj ET Q q 0 0 0 rg BT 175.21 401.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 230.71 401.65 Td (price ) Tj ET Q q 0 0 0 rg BT 257.45 401.65 Td (increases ) Tj ET Q q 0 0 0 rg BT 307.42 401.65 Td (of ) Tj ET Q q 0 0 0 rg BT 319.49 401.65 Td (2.3% ) Tj ET Q q 0 0 0 rg BT 347.46 401.65 Td (expected ) Tj ET Q q 0 0 0 rg BT 395.00 401.65 Td (to ) Tj ET Q q 0 0 0 rg BT 407.07 401.65 Td (support ) Tj ET Q q 0 0 0 rg BT 446.66 401.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 482.57 401.65 Td (and ) Tj ET Q q 0 0 0 rg BT 503.82 401.65 Td (investments ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 388.45 Td (in ) Tj ET Q q 0 0 0 rg BT 93.12 388.45 Td (2016) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 368.63 cm /I31 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 371.65 Td (Initiated ) Tj ET Q q 0 0 0 rg BT 158.90 371.65 Td (a ) Tj ET Q q 0 0 0 rg BT 167.89 371.65 Td (3.8% ) Tj ET Q q 0 0 0 rg BT 195.83 371.65 Td (multiple-dwelling ) Tj ET Q q 0 0 0 rg BT 280.02 371.65 Td (unit ) Tj ET Q q 0 0 0 rg BT 300.63 371.65 Td (\("MDU"\) ) Tj ET Q q 0 0 0 rg BT 343.69 371.65 Td (basic ) Tj ET Q q 0 0 0 rg BT 372.24 371.65 Td (video ) Tj ET Q q 0 0 0 rg BT 401.41 371.65 Td (price ) Tj ET Q q 0 0 0 rg BT 428.12 371.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 472.57 371.65 Td (that ) Tj ET Q q 0 0 0 rg BT 493.79 371.65 Td (will ) Tj ET Q q 0 0 0 rg BT 511.94 371.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 547.21 371.65 Td (2.7 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 358.45 Td (million ) Tj ET Q q 0 0 0 rg BT 151.73 358.45 Td (video ) Tj ET Q q 0 0 0 rg BT 181.08 358.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 240.38 358.45 Td (throughout ) Tj ET Q q 0 0 0 rg BT 296.04 358.45 Td (2016) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 338.63 cm /I32 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 341.65 Td (Announced ) Tj ET Q q 0 0 0 rg BT 176.70 341.65 Td (a ) Tj ET Q q 0 0 0 rg BT 186.37 341.65 Td (2.09 ) Tj ET Q q 0 0 0 rg BT 217.44 341.65 Td (or ) Tj ET Q q 0 0 0 rg BT 230.76 341.65 Td (1) Tj ET Q q 0 0 0 rg BT 236.06 341.65 Td (1% ) Tj ET Q q 0 0 0 rg BT 255.51 341.65 Td (price ) Tj ET Q q 0 0 0 rg BT 282.89 341.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 328.01 341.65 Td (for ) Tj ET Q q 0 0 0 rg BT 344.39 341.65 Td (2.1 ) Tj ET Q q 0 0 0 rg BT 363.23 341.65 Td (million ) Tj ET Q q 0 0 0 rg BT 397.95 341.65 Td (single-dwelling ) Tj ET Q q 0 0 0 rg BT 473.64 341.65 Td (unit ) Tj ET Q q 0 0 0 rg BT 494.92 341.65 Td (\("SDU"\) ) Tj ET Q q 0 0 0 rg BT 536.82 341.65 Td (basic ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 328.45 Td (video ) Tj ET Q q 0 0 0 rg BT 146.85 328.45 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 209.21 328.45 Td (ef) Tj ET Q q 0 0 0 rg BT 218.18 328.45 Td (fective ) Tj ET Q q 0 0 0 rg BT 253.03 328.45 Td (March ) Tj ET Q q 0 0 0 rg BT 286.65 328.45 Td (1) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 308.63 cm /I33 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 311.65 Td (In ) Tj ET Q q 0 0 0 rg BT 129.51 311.65 Td (addition, ) Tj ET Q q 0 0 0 rg BT 173.94 311.65 Td (we ) Tj ET Q q 0 0 0 rg BT 190.83 311.65 Td (notified ) Tj ET Q q 0 0 0 rg BT 229.14 311.65 Td (approximately ) Tj ET Q q 0 0 0 rg BT 300.46 311.65 Td (250,000 ) Tj ET Q q 0 0 0 rg BT 343.05 311.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 398.50 311.65 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 457.57 311.65 Td (that ) Tj ET Q q 0 0 0 rg BT 478.76 311.65 Td (were ) Tj ET Q q 0 0 0 rg BT 505.44 311.65 Td (not ) Tj ET Q q 0 0 0 rg BT 523.57 311.65 Td (af) Tj ET Q q 0 0 0 rg BT 532.54 311.65 Td (fected ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 298.45 Td (by ) Tj ET Q q 0 0 0 rg BT 132.17 298.45 Td (last ) Tj ET Q q 0 0 0 rg BT 152.35 298.45 Td (year's ) Tj ET Q q 0 0 0 rg BT 184.40 298.45 Td (price ) Tj ET Q q 0 0 0 rg BT 211.30 298.45 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 268.16 298.45 Td (of ) Tj ET Q q 0 0 0 rg BT 280.39 298.45 Td (a ) Tj ET Q q 0 0 0 rg BT 289.57 298.45 Td (2.90 ) Tj ET Q q 0 0 0 rg BT 320.15 298.45 Td (price ) Tj ET Q q 0 0 0 rg BT 347.05 298.45 Td (increase, ) Tj ET Q q 0 0 0 rg BT 394.74 298.45 Td (ef) Tj ET Q q 0 0 0 rg BT 403.71 298.45 Td (fective ) Tj ET Q q 0 0 0 rg BT 438.56 298.45 Td (March ) Tj ET Q q 0 0 0 rg BT 472.18 298.45 Td (1, ) Tj ET Q q 0 0 0 rg BT 484.41 298.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 511.94 298.45 Td ( ) Tj ET Q q 0 0 0 rg BT 514.99 298.45 Td ( ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 272.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 272.65 Td (Launched ) Tj ET Q q 0 0 0 rg BT 132.99 272.65 Td (new ) Tj ET Q q 0 0 0 rg BT 156.33 272.65 Td (400 ) Tj ET Q q 0 0 0 rg BT 177.84 272.65 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 207.90 272.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 263.67 272.65 Td (products ) Tj ET Q q 0 0 0 rg BT 309.02 272.65 Td (in ) Tj ET Q q 0 0 0 rg BT 320.75 272.65 Td (over ) Tj ET Q q 0 0 0 rg BT 345.31 272.65 Td (40% ) Tj ET Q q 0 0 0 rg BT 370.48 272.65 Td (of ) Tj ET Q q 0 0 0 rg BT 382.82 272.65 Td (our ) Tj ET Q q 0 0 0 rg BT 401.88 272.65 Td (footprint ) Tj ET Q q 0 0 0 rg BT 444.79 272.65 Td (in ) Tj ET Q q 0 0 0 rg BT 456.51 272.65 Td (February ) Tj ET Q q 0 0 0 rg BT 503.69 272.65 Td (2016, ) Tj ET Q q 0 0 0 rg BT 534.38 272.65 Td (which ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 259.45 Td (is ) Tj ET Q q 0 0 0 rg BT 92.50 259.45 Td (four ) Tj ET Q q 0 0 0 rg BT 114.51 259.45 Td (times ) Tj ET Q q 0 0 0 rg BT 143.85 259.45 Td (faster ) Tj ET Q q 0 0 0 rg BT 174.41 259.45 Td (than ) Tj ET Q q 0 0 0 rg BT 198.88 259.45 Td (the ) Tj ET Q q 0 0 0 rg BT 217.23 259.45 Td (VDSL) Tj ET Q q 0 0 0 rg BT 245.55 259.45 Td ( ) Tj ET Q q 0 0 0 rg BT 248.61 259.45 Td (vectoring ) Tj ET Q q 0 0 0 rg BT 296.30 259.45 Td (speeds ) Tj ET Q q 0 0 0 rg BT 334.83 259.45 Td (being ) Tj ET Q q 0 0 0 rg BT 364.80 259.45 Td (rolled ) Tj ET Q q 0 0 0 rg BT 394.76 259.45 Td (out ) Tj ET Q q 0 0 0 rg BT 413.11 259.45 Td (by ) Tj ET Q q 0 0 0 rg BT 427.78 259.45 Td (the ) Tj ET Q q 0 0 0 rg BT 446.13 259.45 Td (incumbent) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 233.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 233.65 Td (T) Tj ET Q q 0 0 0 rg BT 87.81 233.65 Td (ransferred ) Tj ET Q q 0 0 0 rg BT 140.25 233.65 Td (new ) Tj ET Q q 0 0 0 rg BT 162.74 233.65 Td (build ) Tj ET Q q 0 0 0 rg BT 188.28 233.65 Td (project ) Tj ET Q q 0 0 0 rg BT 223.60 233.65 Td (team ) Tj ET Q q 0 0 0 rg BT 250.36 233.65 Td (into ) Tj ET Q q 0 0 0 rg BT 270.40 233.65 Td (a ) Tj ET Q q 0 0 0 rg BT 278.83 233.65 Td (new ) Tj ET Q q 0 0 0 rg BT 301.31 233.65 Td (department ) Tj ET Q q 0 0 0 rg BT 359.26 233.65 Td (that ) Tj ET Q q 0 0 0 rg BT 379.92 233.65 Td (reports ) Tj ET Q q 0 0 0 rg BT 416.46 233.65 Td (directly ) Tj ET Q q 0 0 0 rg BT 453.61 233.65 Td (to ) Tj ET Q q 0 0 0 rg BT 465.08 233.65 Td (the ) Tj ET Q q 0 0 0 rg BT 482.68 233.65 Td (CEO ) Tj ET Q q 0 0 0 rg BT 508.82 233.65 Td (to ) Tj ET Q q 0 0 0 rg BT 520.30 233.65 Td (enhance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 220.45 Td (focus ) Tj ET Q q 0 0 0 rg BT 110.85 220.45 Td (on ) Tj ET Q q 0 0 0 rg BT 126.14 220.45 Td (the ) Tj ET Q q 0 0 0 rg BT 144.49 220.45 Td (goal ) Tj ET Q q 0 0 0 rg BT 168.34 220.45 Td (of ) Tj ET Q q 0 0 0 rg BT 180.57 220.45 Td (increasing ) Tj ET Q q 0 0 0 rg BT 233.77 220.45 Td (our ) Tj ET Q q 0 0 0 rg BT 252.72 220.45 Td (marketable ) Tj ET Q q 0 0 0 rg BT 310.19 220.45 Td (homes ) Tj ET Q q 0 0 0 rg BT 346.26 220.45 Td (by ) Tj ET Q q 0 0 0 rg BT 360.94 220.45 Td (over ) Tj ET Q q 0 0 0 rg BT 385.39 220.45 Td (200,000 ) Tj ET Q q 0 0 0 rg BT 428.21 220.45 Td (in ) Tj ET Q q 0 0 0 rg BT 439.83 220.45 Td (2016) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 194.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 194.65 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 128.59 194.65 Td (grew) 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 152.43 194.65 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 155.49 194.65 Td (4% ) Tj ET Q q 0 0 0 rg BT 174.44 194.65 Td (in ) Tj ET Q q 0 0 0 rg BT 186.06 194.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 203.79 194.65 Td (to ) Tj ET Q q 0 0 0 rg BT 216.02 194.65 Td (554 ) Tj ET Q q 0 0 0 rg BT 243.55 194.65 Td (million) 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 274.72 194.65 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 277.78 194.65 Td (and ) Tj ET Q q 0 0 0 rg BT 299.19 194.65 Td (6% ) Tj ET Q q 0 0 0 rg BT 318.14 194.65 Td (in ) Tj ET Q q 0 0 0 rg BT 329.76 194.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 357.28 194.65 Td (to ) Tj ET Q q 0 0 0 rg BT 369.51 194.65 Td (2,172 ) Tj ET Q q 0 0 0 rg BT 406.21 194.65 Td (million) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 168.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 168.85 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 127.36 168.85 Td (Segment ) Tj ET Q q 0 0 0 rg BT 174.45 168.85 Td (EBITDA) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 214.18 174.10 Td (27) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 222.13 168.85 Td ( ) Tj ET Q q 0 0 0 rg BT 225.19 168.85 Td (up ) Tj ET Q q 0 0 0 rg BT 240.48 168.85 Td (1) Tj ET Q q 0 0 0 rg BT 245.78 168.85 Td (1% ) Tj ET Q q 0 0 0 rg BT 264.73 168.85 Td (in ) Tj ET Q q 0 0 0 rg BT 276.35 168.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 294.08 168.85 Td (to ) Tj ET Q q 0 0 0 rg BT 306.31 168.85 Td (359 ) Tj ET Q q 0 0 0 rg BT 333.84 168.85 Td (million) 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 365.01 168.85 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 368.07 168.85 Td (and ) Tj ET Q q 0 0 0 rg BT 389.48 168.85 Td (8% ) Tj ET Q q 0 0 0 rg BT 408.43 168.85 Td (in ) Tj ET Q q 0 0 0 rg BT 420.05 168.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 447.58 168.85 Td (to ) Tj ET Q q 0 0 0 rg BT 459.81 168.85 Td (1,372 ) Tj ET Q q 0 0 0 rg BT 496.51 168.85 Td (million) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 149.03 cm /I34 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 152.05 Td (Record ) Tj ET Q q 0 0 0 rg BT 156.02 152.05 Td (margins ) Tj ET Q q 0 0 0 rg BT 198.20 152.05 Td (of ) Tj ET Q q 0 0 0 rg BT 210.43 152.05 Td (64.8% ) Tj ET Q q 0 0 0 rg BT 244.67 152.05 Td (and ) Tj ET Q q 0 0 0 rg BT 266.08 152.05 Td (63.2% ) Tj ET Q q 0 0 0 rg BT 300.33 152.05 Td (for ) Tj ET Q q 0 0 0 rg BT 316.22 152.05 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 333.95 152.05 Td (and ) Tj ET Q q 0 0 0 rg BT 355.36 152.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 385.94 152.05 Td (respectively) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 126.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 126.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 101.67 126.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 124.29 126.25 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 133.47 126.25 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 136.52 126.25 Td (5 ) Tj ET Q q 0 0 0 rg BT 151.81 126.25 Td (million ) Tj ET Q q 0 0 0 rg BT 186.04 126.25 Td (in ) Tj ET Q q 0 0 0 rg BT 197.66 126.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 215.39 126.25 Td (and ) Tj ET Q q 0 0 0 rg BT 236.80 126.25 Td (26 ) Tj ET Q q 0 0 0 rg BT 258.21 126.25 Td (million) 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 289.38 126.25 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 292.44 126.25 Td (in ) Tj ET Q q 0 0 0 rg BT 304.06 126.25 Td (2015) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 100.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 100.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 110.73 100.45 Td (property) Tj ET Q q 0 0 0 rg BT 150.26 100.45 Td (, ) Tj ET Q q 0 0 0 rg BT 158.08 100.45 Td (equipment ) Tj ET Q q 0 0 0 rg BT 214.20 100.45 Td (and ) Tj ET Q q 0 0 0 rg BT 237.31 100.45 Td (intangible ) Tj ET Q q 0 0 0 rg BT 289.16 100.45 Td (asset ) Tj ET Q q 0 0 0 rg BT 320.21 100.45 Td (additions) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 364.24 105.70 Td (9 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 371.31 100.45 Td (were ) Tj ET Q q 0 0 0 rg BT 399.91 100.45 Td (26% ) Tj ET Q q 0 0 0 rg BT 426.68 100.45 Td (of ) Tj ET Q q 0 0 0 rg BT 440.61 100.45 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 488.18 100.45 Td (in-line ) Tj ET Q q 0 0 0 rg BT 522.28 100.45 Td (with ) Tj ET Q q 0 0 0 rg BT 546.60 100.45 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 87.25 Td (guidance) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 49.50 62.05 Td (* ) Tj ET Q q 0 0 0 rg BT 54.12 62.05 Td (The ) Tj ET Q q 0 0 0 rg BT 68.22 62.05 Td (financial ) Tj ET Q q 0 0 0 rg BT 95.93 62.05 Td (figures ) Tj ET Q q 0 0 0 rg BT 118.97 62.05 Td (contained ) Tj ET Q q 0 0 0 rg BT 151.36 62.05 Td (in ) Tj ET Q q 0 0 0 rg BT 158.84 62.05 Td (this ) Tj ET Q q 0 0 0 rg BT 171.77 62.05 Td (release ) Tj ET Q q 0 0 0 rg BT 196.75 62.05 Td (are ) Tj ET Q q 0 0 0 rg BT 208.90 62.05 Td (prepared ) Tj ET Q q 0 0 0 rg BT 238.96 62.05 Td (in ) Tj ET Q q 0 0 0 rg BT 246.43 62.05 Td (accordance ) Tj ET Q q 0 0 0 rg BT 284.66 62.05 Td (with ) Tj ET Q q 0 0 0 rg BT 299.13 62.05 Td (EU-IFRS) Tj ET Q BT /F2 7.00 Tf ET BT /F2 4.55 Tf ET q 0 0 0 rg BT 327.13 65.39 Td (28) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 332.20 62.05 Td (. ) Tj ET Q q 0 0 0 rg BT 336.17 62.05 Td (Unitymedia) Tj ET Q q 0 0 0 rg BT 372.61 62.05 Td (s ) Tj ET Q q 0 0 0 rg BT 378.15 62.05 Td (financial ) Tj ET Q q 0 0 0 rg BT 405.86 62.05 Td (condition ) Tj ET Q q 0 0 0 rg BT 435.91 62.05 Td (and ) Tj ET Q q 0 0 0 rg BT 449.62 62.05 Td (results ) Tj ET Q q 0 0 0 rg BT 472.27 62.05 Td (of ) Tj ET Q q 0 0 0 rg BT 480.14 62.05 Td (operations ) Tj ET Q q 0 0 0 rg BT 514.86 62.05 Td (will ) Tj ET Q q 0 0 0 rg BT 526.61 62.05 Td (be ) Tj ET Q q 0 0 0 rg BT 536.43 62.05 Td (included ) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 54.00 53.65 Td (in ) Tj ET Q q 0 0 0 rg BT 61.32 53.65 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 84.21 53.65 Td (Global) Tj ET Q q 0 0 0 rg BT 105.87 53.65 Td (s ) Tj ET Q q 0 0 0 rg BT 111.25 53.65 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 152.43 53.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 179.98 53.65 Td (statements ) Tj ET Q q 0 0 0 rg BT 216.10 53.65 Td (under ) Tj ET Q q 0 0 0 rg BT 235.87 53.65 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 251.36 53.65 Td (GAAP) Tj ET Q BT /F2 7.00 Tf ET BT /F2 4.55 Tf ET q 0 0 0 rg BT 270.81 56.99 Td (10) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 275.87 53.65 Td (. ) Tj ET Q q 0 0 0 rg BT 279.57 53.65 Td (There ) Tj ET Q q 0 0 0 rg BT 299.73 53.65 Td (are ) Tj ET Q q 0 0 0 rg BT 311.72 53.65 Td (significant ) Tj ET Q q 0 0 0 rg BT 344.73 53.65 Td (dif) Tj ET Q q 0 0 0 rg BT 351.99 53.65 Td (ferences ) Tj ET Q q 0 0 0 rg BT 380.71 53.65 Td (between ) Tj ET Q q 0 0 0 rg BT 409.05 53.65 Td (the ) Tj ET Q q 0 0 0 rg BT 420.66 53.65 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 436.15 53.65 Td (GAAP) Tj ET Q q 0 0 0 rg BT 455.47 53.65 Td ( ) Tj ET Q q 0 0 0 rg BT 457.35 53.65 Td (and ) Tj ET Q q 0 0 0 rg BT 470.90 53.65 Td (EU-IFRS ) Tj ET Q q 0 0 0 rg BT 500.78 53.65 Td (presentations ) Tj ET Q q 0 0 0 rg BT 544.68 53.65 Td (of ) Tj ET Q q 0 0 0 rg BT 552.39 53.65 Td (our ) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 54.00 45.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 95.25 45.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 122.88 45.25 Td (statements.) Tj ET Q /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I35 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 (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 487 674.35 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 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 440.70 678.75 Td (ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.45 663.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.45 663.75 Td (2014) 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 (1) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 123.44 631.34 Td (1) 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 (12,763,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.55 625.97 Td (12,713,300) 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 (12) 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 (12,556,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.55 610.97 Td (12,401,900) 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 /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 (13) 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 (5,003,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 576.97 Td (5,199,100) 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 (14) 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 (1,497,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 561.97 Td (1,358,800) 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 (6,500,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 546.97 Td (6,557,900) 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 (3) 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 (3,106,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 527.97 Td (2,896,400) 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 (4) 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 (2,911,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 512.97 Td (2,748,000) 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 (12,518,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.55 497.97 Td (12,202,300) 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 (Q4 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 (\(48,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 463.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.65 463.97 Td (\(64,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 463.97 Td (\)) 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 (34,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 448.97 Td (59,400) 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 (\(13,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 433.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.20 433.97 Td (\(4,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 433.97 Td (\)) 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 (61,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 414.97 Td (78,500) 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 (46,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 399.97 Td (65,200) 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 (93,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 384.97 Td (138,800) 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 52.5 363.38525390625 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 (29) 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 (23.0) 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 (20.7) 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 (30) 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 (24.7) 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 (23.4) 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 (30) 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 (23.2) 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 (22.2) 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 (7,144,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 285.97 Td (7,126,800) 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 (1.75) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 270.97 Td (1.71) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 255.97 Td (Q4 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 (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.55 255.57 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 (23.45) 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 (22.26) 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 (57.4) 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 (60.0) 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 (10.1) 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 (8.9) 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 (31.1) 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 (18) 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 (355,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 157.97 Td (309,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 142.97 Td (Q4 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 (5,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 142.97 Td (13,700) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I36 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 (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 71.82 666.65 Td (following ) Tj ET Q q 0 0 0 rg BT 117.98 666.65 Td (table ) Tj ET Q q 0 0 0 rg BT 145.20 666.65 Td (reflects ) Tj ET Q q 0 0 0 rg BT 184.01 666.65 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 241.17 666.65 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 292.85 666.65 Td (selected ) Tj ET Q q 0 0 0 rg BT 337.19 666.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 380.91 666.65 Td (results ) Tj ET Q q 0 0 0 rg BT 416.67 666.65 Td (for ) Tj ET Q q 0 0 0 rg BT 432.87 666.65 Td (the ) Tj ET Q q 0 0 0 rg BT 451.52 666.65 Td (three ) Tj ET Q q 0 0 0 rg BT 479.96 666.65 Td (months ) Tj ET Q q 0 0 0 rg BT 519.39 666.65 Td (and ) Tj ET Q q 0 0 0 rg BT 541.11 666.65 Td (year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 653.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 83.14 653.45 Td (December ) Tj ET Q q 0 0 0 rg BT 136.94 653.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 155.29 653.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 185.87 653.45 Td (and ) Tj ET Q q 0 0 0 rg BT 207.28 653.45 Td (2014. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 619.95 m 293 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 619.95 m 297 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 619.95 m 353 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 619.95 m 460 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460 619.95 m 464 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 619.95 m 520 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 604.95 m 293 604.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 619.95 m 353 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 604.95 m 353 604.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357 604.95 m 397 604.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 604.95 m 460 604.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 619.95 m 520 619.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 604.95 m 520 604.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524 604.95 m 564 604.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 575.95 m 293 575.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 573.95 m 293 573.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 575.95 m 353 575.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 573.95 m 353 573.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 575.95 m 460 575.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 573.95 m 460 573.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 575.95 m 520 575.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 573.95 m 520 573.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 481.95 m 293 481.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 481.95 m 353 481.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 481.95 m 460 481.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 481.95 m 520 481.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 481.95 m 293 481.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 481.95 m 353 481.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 481.95 m 460 481.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 481.95 m 520 481.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 424.95 m 293 424.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 410.95 m 293 410.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 408.95 m 293 408.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 424.95 m 353 424.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 410.95 m 353 410.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 408.95 m 353 408.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 424.95 m 460 424.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 410.95 m 460 410.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 408.95 m 460 408.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 424.95 m 520 424.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 410.95 m 520 410.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 408.95 m 520 408.95 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 251.20 633.35 Td (Three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 265.20 624.35 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.45 633.35 Td (Year ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.20 624.35 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 254.45 609.35 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 314.45 609.35 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.95 609.35 Td (Change) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.45 609.35 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 481.45 609.35 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.95 609.35 Td (Change) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.70 595.95 Td (in millions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 579.57 Td (Revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.55 579.17 Td (..................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 239.50 579.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.55 579.62 Td (554.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.50 579.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.55 579.57 Td (530.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.65 579.57 Td (4.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.60 579.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 579.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.20 579.57 Td (2,172.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.50 579.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.20 579.57 Td (2,052.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.65 579.57 Td (5.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.60 579.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 559.57 Td (Adjusted Segment EBITDA) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.15 559.17 Td (.....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 239.50 559.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.55 559.62 Td (359.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.50 559.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.55 559.57 Td (324.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.10 559.57 Td (10.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.60 559.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 559.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.20 559.57 Td (1,372.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.50 559.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.20 559.57 Td (1,271.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.65 559.57 Td (7.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.60 559.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 540.57 Td (Depreciation and amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 186.25 540.17 Td (.................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.20 540.57 Td (\(200.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.60 540.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.20 540.57 Td (\(186.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 540.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.20 540.57 Td (\(783.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.60 540.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.20 540.57 Td (\(719.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.60 540.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 526.17 Td (Impairment, restructuring and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.50 516.17 Td (operating items, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 150.15 516.17 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.35 516.57 Td (\(5.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.60 516.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.65 516.57 Td (1.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.35 516.57 Td (\(6.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.60 516.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.65 516.57 Td (2.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 501.57 Td (Share-based compensation expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.80 501.17 Td (......) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.35 501.57 Td (\(1.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.60 501.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.35 501.57 Td (\(0.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 501.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.35 501.57 Td (\(6.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.60 501.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.35 501.57 Td (\(2.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.60 501.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 486.57 Td (Related-party fees and allocations) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 203.70 491.34 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 211.25 486.17 Td (........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.80 486.62 Td (\(39.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.60 486.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.80 486.57 Td (\(25.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 486.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.20 486.57 Td (\(142.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.60 486.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.20 486.57 Td (\(105.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.60 486.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.50 472.17 Td (Earnings before interest and taxes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 462.17 Td (\("EBIT"\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 105.65 462.17 Td (..............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.55 463.62 Td (111.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.55 463.57 Td (113.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.55 463.57 Td (433.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.55 463.57 Td (446.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 444.57 Td (Net financial and other expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 194.60 444.17 Td (..............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.20 444.57 Td (\(109.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.60 444.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.20 444.57 Td (\(229.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 444.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.20 444.57 Td (\(411.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.60 444.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.20 444.57 Td (\(635.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.60 444.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 429.57 Td (Income tax benefit \(expense\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 183.45 429.17 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.35 429.57 Td (\(7.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.60 429.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.10 429.57 Td (12.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.80 429.57 Td (\(48.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.60 429.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.35 429.57 Td (\(1.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.60 429.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 414.57 Td (Net loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 111.25 414.17 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 239.50 414.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.35 414.57 Td (\(4.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.60 414.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.50 414.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.20 414.57 Td (\(104.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 414.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.50 414.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.80 414.57 Td (\(26.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.60 414.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.50 414.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.20 414.57 Td (\(190.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.60 414.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 396.17 Td (Adjusted Segment EBITDA as % of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.50 386.17 Td (revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.35 386.17 Td (.................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.10 387.57 Td (64.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.60 387.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.10 387.57 Td (61.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 387.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.10 387.57 Td (63.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.60 387.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.10 387.57 Td (62.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.60 387.57 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 353.45 Td (The ) Tj ET Q q 0 0 0 rg BT 71.52 353.45 Td (table ) Tj ET Q q 0 0 0 rg BT 98.44 353.45 Td (below ) Tj ET Q q 0 0 0 rg BT 130.25 353.45 Td (highlights ) Tj ET Q q 0 0 0 rg BT 179.79 353.45 Td (the ) Tj ET Q q 0 0 0 rg BT 198.15 353.45 Td (categories ) Tj ET Q q 0 0 0 rg BT 251.97 353.45 Td (of ) Tj ET Q q 0 0 0 rg BT 264.21 353.45 Td (our ) Tj ET Q q 0 0 0 rg BT 283.17 353.45 Td (property) Tj ET Q q 0 0 0 rg BT 322.71 353.45 Td (, ) Tj ET Q q 0 0 0 rg BT 328.83 353.45 Td (equipment ) Tj ET Q q 0 0 0 rg BT 383.27 353.45 Td (and ) Tj ET Q q 0 0 0 rg BT 404.69 353.45 Td (intangible ) Tj ET Q q 0 0 0 rg BT 454.85 353.45 Td (asset ) Tj ET Q q 0 0 0 rg BT 484.20 353.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 531.30 353.45 Td (for ) Tj ET Q q 0 0 0 rg BT 547.21 353.45 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 340.25 Td (indicated ) Tj ET Q q 0 0 0 rg BT 99.34 340.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 141.22 340.25 Td (and ) Tj ET Q q 0 0 0 rg BT 165.38 340.25 Td (reconciles ) Tj ET Q q 0 0 0 rg BT 220.70 340.25 Td (those ) Tj ET Q q 0 0 0 rg BT 253.42 340.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 303.25 340.25 Td (to ) Tj ET Q q 0 0 0 rg BT 318.23 340.25 Td (the ) Tj ET Q q 0 0 0 rg BT 339.33 340.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 376.93 340.25 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 445.72 340.25 Td (that ) Tj ET Q q 0 0 0 rg BT 469.87 340.25 Td (we ) Tj ET Q q 0 0 0 rg BT 489.74 340.25 Td (present ) Tj ET Q q 0 0 0 rg BT 532.23 340.25 Td (in ) Tj ET Q q 0 0 0 rg BT 546.60 340.25 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 327.05 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 114.32 327.05 Td (statements ) Tj ET Q q 0 0 0 rg BT 171.18 327.05 Td (of ) Tj ET Q q 0 0 0 rg BT 183.41 327.05 Td (cash ) Tj ET Q q 0 0 0 rg BT 209.70 327.05 Td (flows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 295.54999999999995 m 392 295.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 295.54999999999995 m 396 295.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 295.54999999999995 m 449 295.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 295.54999999999995 m 506 295.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 295.54999999999995 m 510 295.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 295.54999999999995 m 563 295.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 281.54999999999995 m 392 281.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 281.54999999999995 m 449 281.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 281.54999999999995 m 506 281.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 281.54999999999995 m 563 281.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 161.54999999999995 m 392 161.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 161.54999999999995 m 449 161.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 161.54999999999995 m 506 161.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 161.54999999999995 m 563 161.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 161.54999999999995 m 392 161.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 161.54999999999995 m 449 161.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 161.54999999999995 m 506 161.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 161.54999999999995 m 563 161.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 103.54999999999995 m 449 103.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 103.54999999999995 m 392 103.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 89.54999999999995 m 392 89.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 87.54999999999995 m 392 87.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 103.54999999999995 m 449 103.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 89.54999999999995 m 449 89.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 87.54999999999995 m 449 87.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 103.54999999999995 m 506 103.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 89.54999999999995 m 506 89.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 87.54999999999995 m 506 87.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 103.54999999999995 m 563 103.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 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 510 87.54999999999995 m 563 87.54999999999995 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 350.20 307.50 Td (Three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 364.20 298.50 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 484.45 307.50 Td (Year ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 478.20 298.50 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.95 285.95 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.95 285.95 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 468.95 285.95 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.95 285.95 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.20 272.55 Td (in millions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 256.17 Td (Customer premises equipment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.00 255.77 Td (....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 256.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 363.10 256.17 Td (22.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.50 256.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.10 256.17 Td (31.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.50 256.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.55 256.17 Td (109.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.50 256.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 256.17 Td (109.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 241.17 Td (Scalable infrastructure) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.90 240.77 Td (.................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 363.10 241.17 Td (18.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.10 241.17 Td (23.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.10 241.17 Td (84.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 241.17 Td (68.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 226.17 Td (Line extensions/new build) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 168.80 225.77 Td (............................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 363.10 226.17 Td (12.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.10 226.17 Td (11.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.10 226.17 Td (46.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 226.17 Td (43.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 211.17 Td (Upgrade/rebuild) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 127.10 210.77 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 363.10 211.17 Td (38.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.10 211.17 Td (43.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.55 211.17 Td (163.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 211.17 Td (143.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 196.17 Td (Support capital) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 121.55 195.77 Td (.............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.65 196.17 Td (6.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.65 196.17 Td (9.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.10 196.17 Td (24.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 196.17 Td (27.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 181.17 Td (Capitalized subscriber acquisition costs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.90 180.77 Td (......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 363.10 181.17 Td (21.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.10 181.17 Td (20.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.10 181.17 Td (83.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 181.17 Td (74.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 166.17 Td (Software and licenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 152.10 165.77 Td (..................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 363.10 166.17 Td (12.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.10 166.17 Td (11.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.10 166.17 Td (52.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 166.17 Td (43.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 151.17 Td (Property, equipment and intangible asset additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.25 150.77 Td (.................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.55 151.17 Td (131.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.55 151.17 Td (149.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.55 151.17 Td (565.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 151.17 Td (509.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 132.77 Td (Assets acquired under capital-related vendor financing) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 61.50 122.77 Td (arrangements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 127.10 122.77 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.80 123.17 Td (\(32.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.60 123.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.80 123.17 Td (\(30.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.60 123.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.20 123.17 Td (\(140.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.60 123.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.80 123.17 Td (\(95.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 123.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 108.17 Td (Changes in liabilities related to capital expenditures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.70 107.77 Td (...................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 363.10 108.17 Td (23.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.80 108.17 Td (\(21.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.60 108.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.10 108.17 Td (14.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.35 108.17 Td (\(3.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 108.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.00 93.17 Td (T) Tj ET Q q 0 0 0 rg BT 71.00 93.17 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 97.94 Td (21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.20 92.77 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 93.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.55 93.17 Td (122.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.50 93.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.10 93.17 Td (97.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.50 93.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.55 93.17 Td (439.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.50 93.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 93.17 Td (410.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 74.77 Td (Property, equipment and intangible asset additions as a % of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 61.50 64.77 Td (revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 102.10 64.77 Td (....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 363.10 65.17 Td (23.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.60 65.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.10 65.17 Td (28.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.60 65.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.10 65.17 Td (26.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.60 65.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 65.17 Td (24.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 65.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I37 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 (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 (Our ) Tj ET Q q 0 0 0 rg BT 72.09 683.45 Td (strategy ) Tj ET Q q 0 0 0 rg BT 115.47 683.45 Td (during ) Tj ET Q q 0 0 0 rg BT 150.30 683.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 179.02 683.45 Td (focused ) Tj ET Q q 0 0 0 rg BT 221.80 683.45 Td (on ) Tj ET Q q 0 0 0 rg BT 238.28 683.45 Td (providing ) Tj ET Q q 0 0 0 rg BT 287.18 683.45 Td (bundles ) Tj ET Q q 0 0 0 rg BT 329.96 683.45 Td (of ) Tj ET Q q 0 0 0 rg BT 343.38 683.45 Td (superior ) Tj ET Q q 0 0 0 rg BT 387.38 683.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 444.23 683.45 Td (speeds ) Tj ET Q q 0 0 0 rg BT 483.95 683.45 Td (and ) Tj ET Q q 0 0 0 rg BT 506.56 683.45 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 548.44 683.45 Td (TV ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 670.25 Td (entertainment ) Tj ET Q q 0 0 0 rg BT 118.87 670.25 Td (of) Tj ET Q q 0 0 0 rg BT 127.84 670.25 Td (ferings, ) Tj ET Q q 0 0 0 rg BT 166.02 670.25 Td (available ) Tj ET Q q 0 0 0 rg BT 211.54 670.25 Td (both ) Tj ET Q q 0 0 0 rg BT 235.05 670.25 Td (in- ) Tj ET Q q 0 0 0 rg BT 249.38 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 269.84 670.25 Td (out-of-home, ) Tj ET Q q 0 0 0 rg BT 334.31 670.25 Td (while ) Tj ET Q q 0 0 0 rg BT 361.48 670.25 Td (balancing ) Tj ET Q q 0 0 0 rg BT 410.68 670.25 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 463.52 670.25 Td (volumes ) Tj ET Q q 0 0 0 rg BT 506.59 670.25 Td (and ) Tj ET Q q 0 0 0 rg BT 527.04 670.25 Td (pricing. ) 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 61.77 657.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 79.53 657.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 110.15 657.05 Td (we ) Tj ET Q q 0 0 0 rg BT 127.31 657.05 Td (increased ) Tj ET Q q 0 0 0 rg BT 178.10 657.05 Td (prices ) Tj ET Q q 0 0 0 rg BT 210.53 657.05 Td (for ) Tj ET Q q 0 0 0 rg BT 226.46 657.05 Td (approximately ) Tj ET Q q 0 0 0 rg BT 298.03 657.05 Td (half ) Tj ET Q q 0 0 0 rg BT 318.86 657.05 Td (of ) Tj ET Q q 0 0 0 rg BT 331.13 657.05 Td (our ) Tj ET Q q 0 0 0 rg BT 350.12 657.05 Td (broadband ) Tj ET Q q 0 0 0 rg BT 405.82 657.05 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 459.65 657.05 Td (base ) Tj ET Q q 0 0 0 rg BT 486.60 657.05 Td (for ) Tj ET Q q 0 0 0 rg BT 502.53 657.05 Td (the ) Tj ET Q q 0 0 0 rg BT 520.91 657.05 Td (first ) Tj ET Q q 0 0 0 rg BT 541.73 657.05 Td (time ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 643.85 Td (and ) Tj ET Q q 0 0 0 rg BT 69.92 643.85 Td (also ) Tj ET Q q 0 0 0 rg BT 92.16 643.85 Td (further ) Tj ET Q q 0 0 0 rg BT 126.01 643.85 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 176.40 643.85 Td (the ) Tj ET Q q 0 0 0 rg BT 193.75 643.85 Td (value ) Tj ET Q q 0 0 0 rg BT 222.11 643.85 Td (of ) Tj ET Q q 0 0 0 rg BT 233.35 643.85 Td (our ) Tj ET Q q 0 0 0 rg BT 251.31 643.85 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 305.35 643.85 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 346.54 643.85 Td (with ) Tj ET Q q 0 0 0 rg BT 368.17 643.85 Td (overall ) Tj ET Q q 0 0 0 rg BT 402.63 643.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 435.27 643.85 Td (pricing ) Tj ET Q q 0 0 0 rg BT 469.74 643.85 Td (levels ) Tj ET Q q 0 0 0 rg BT 499.93 643.85 Td (as ) Tj ET Q q 0 0 0 rg BT 513.61 643.85 Td (compared ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 630.65 Td (to ) Tj ET Q q 0 0 0 rg BT 62.05 630.65 Td (2014. ) Tj ET Q q 0 0 0 rg BT 92.95 630.65 Td (During ) Tj ET Q q 0 0 0 rg BT 128.74 630.65 Td (2015, ) Tj ET Q q 0 0 0 rg BT 159.64 630.65 Td (we ) Tj ET Q q 0 0 0 rg BT 177.08 630.65 Td (added ) Tj ET Q q 0 0 0 rg BT 211.04 630.65 Td (316,000 ) Tj ET Q q 0 0 0 rg BT 254.18 630.65 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 287.50 630.65 Td (in ) Tj ET Q q 0 0 0 rg BT 299.44 630.65 Td (total, ) Tj ET Q q 0 0 0 rg BT 326.67 630.65 Td (of ) Tj ET Q q 0 0 0 rg BT 339.22 630.65 Td (which ) Tj ET Q q 0 0 0 rg BT 370.72 630.65 Td (94,000 ) Tj ET Q q 0 0 0 rg BT 407.74 630.65 Td (were ) Tj ET Q q 0 0 0 rg BT 434.96 630.65 Td (added ) Tj ET Q q 0 0 0 rg BT 468.92 630.65 Td (during ) Tj ET Q q 0 0 0 rg BT 502.88 630.65 Td (Q4. ) Tj ET Q q 0 0 0 rg BT 523.98 630.65 Td (Monthly ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 617.45 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 83.12 617.45 Td (per ) Tj ET Q q 0 0 0 rg BT 102.07 617.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 150.36 617.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 201.12 617.45 Td (7% ) Tj ET Q q 0 0 0 rg BT 220.07 617.45 Td (during ) Tj ET Q q 0 0 0 rg BT 253.70 617.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 284.29 617.45 Td (as ) Tj ET Q q 0 0 0 rg BT 298.96 617.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 350.93 617.45 Td (to ) Tj ET Q q 0 0 0 rg BT 363.16 617.45 Td (6% ) Tj ET Q q 0 0 0 rg BT 382.12 617.45 Td (in ) Tj ET Q q 0 0 0 rg BT 393.73 617.45 Td (2014.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 591.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 70.74 591.05 Td (video ) Tj ET Q q 0 0 0 rg BT 99.94 591.05 Td (performance ) Tj ET Q q 0 0 0 rg BT 164.60 591.05 Td (in ) Tj ET Q q 0 0 0 rg BT 176.06 591.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 203.44 591.05 Td (was ) Tj ET Q q 0 0 0 rg BT 225.90 591.05 Td (slightly ) Tj ET Q q 0 0 0 rg BT 262.43 591.05 Td (below ) Tj ET Q q 0 0 0 rg BT 294.07 591.05 Td (our ) Tj ET Q q 0 0 0 rg BT 312.88 591.05 Td (2014 ) Tj ET Q q 0 0 0 rg BT 340.25 591.05 Td (performance ) Tj ET Q q 0 0 0 rg BT 404.91 591.05 Td (as ) Tj ET Q q 0 0 0 rg BT 419.43 591.05 Td (we ) Tj ET Q q 0 0 0 rg BT 436.39 591.05 Td (posted ) Tj ET Q q 0 0 0 rg BT 472.32 591.05 Td (57,000 ) Tj ET Q q 0 0 0 rg BT 508.87 591.05 Td (video ) Tj ET Q q 0 0 0 rg BT 538.07 591.05 Td (RGU ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 577.85 Td (losses, ) Tj ET Q q 0 0 0 rg BT 87.13 577.85 Td (or ) Tj ET Q q 0 0 0 rg BT 100.31 577.85 Td (0.9% ) Tj ET Q q 0 0 0 rg BT 128.78 577.85 Td (of ) Tj ET Q q 0 0 0 rg BT 141.35 577.85 Td (the ) Tj ET Q q 0 0 0 rg BT 160.04 577.85 Td (video ) Tj ET Q q 0 0 0 rg BT 189.73 577.85 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 243.87 577.85 Td (base, ) Tj ET Q q 0 0 0 rg BT 274.17 577.85 Td (as ) Tj ET Q q 0 0 0 rg BT 289.19 577.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 341.50 577.85 Td (to ) Tj ET Q q 0 0 0 rg BT 354.07 577.85 Td (video ) Tj ET Q q 0 0 0 rg BT 383.76 577.85 Td (attrition ) Tj ET Q q 0 0 0 rg BT 423.23 577.85 Td (of ) Tj ET Q q 0 0 0 rg BT 435.80 577.85 Td (40,000 ) Tj ET Q q 0 0 0 rg BT 472.84 577.85 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 506.18 577.85 Td (in ) Tj ET Q q 0 0 0 rg BT 518.14 577.85 Td (the ) Tj ET Q q 0 0 0 rg BT 536.83 577.85 Td (prior-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 564.65 Td (year ) Tj ET Q q 0 0 0 rg BT 74.00 564.65 Td (period. ) Tj ET Q q 0 0 0 rg BT 110.74 564.65 Td (In ) Tj ET Q q 0 0 0 rg BT 123.02 564.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 140.80 564.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 168.37 564.65 Td (we ) Tj ET Q q 0 0 0 rg BT 185.54 564.65 Td (lost ) Tj ET Q q 0 0 0 rg BT 205.76 564.65 Td (14,000 ) Tj ET Q q 0 0 0 rg BT 242.51 564.65 Td (video ) Tj ET Q q 0 0 0 rg BT 271.91 564.65 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 308.01 564.65 Td (mainly ) Tj ET Q q 0 0 0 rg BT 342.90 564.65 Td (in ) Tj ET Q q 0 0 0 rg BT 354.57 564.65 Td (the ) Tj ET Q q 0 0 0 rg BT 372.96 564.65 Td (SDU ) Tj ET Q q 0 0 0 rg BT 399.29 564.65 Td (segment. ) Tj ET Q q 0 0 0 rg BT 447.44 564.65 Td (The ) Tj ET Q q 0 0 0 rg BT 469.50 564.65 Td (MDU ) Tj ET Q q 0 0 0 rg BT 497.65 564.65 Td (segment ) Tj ET Q q 0 0 0 rg BT 542.95 564.65 Td (was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 551.45 Td (relatively ) Tj ET Q q 0 0 0 rg BT 96.80 551.45 Td (flat, ) Tj ET Q q 0 0 0 rg BT 118.43 551.45 Td (as ) Tj ET Q q 0 0 0 rg BT 133.95 551.45 Td (the ) Tj ET Q q 0 0 0 rg BT 153.13 551.45 Td (attrition ) Tj ET Q q 0 0 0 rg BT 193.10 551.45 Td (during ) Tj ET Q q 0 0 0 rg BT 227.58 551.45 Td (the ) Tj ET Q q 0 0 0 rg BT 246.77 551.45 Td (quarter ) Tj ET Q q 0 0 0 rg BT 285.52 551.45 Td (was ) Tj ET Q q 0 0 0 rg BT 308.98 551.45 Td (compensated ) Tj ET Q q 0 0 0 rg BT 378.92 551.45 Td (by ) Tj ET Q q 0 0 0 rg BT 394.44 551.45 Td (7,000 ) Tj ET Q q 0 0 0 rg BT 425.86 551.45 Td (new ) Tj ET Q q 0 0 0 rg BT 449.94 551.45 Td (units ) Tj ET Q q 0 0 0 rg BT 477.07 551.45 Td (from ) Tj ET Q q 0 0 0 rg BT 502.97 551.45 Td (a ) Tj ET Q q 0 0 0 rg BT 512.99 551.45 Td (previously ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 538.25 Td (signed ) Tj ET Q q 0 0 0 rg BT 84.74 538.25 Td (MDU ) Tj ET Q q 0 0 0 rg BT 112.62 538.25 Td (contract. ) Tj ET Q q 0 0 0 rg BT 157.64 538.25 Td (On ) Tj ET Q q 0 0 0 rg BT 175.14 538.25 Td (the ) Tj ET Q q 0 0 0 rg BT 193.26 538.25 Td (MDU ) Tj ET Q q 0 0 0 rg BT 221.14 538.25 Td (front, ) Tj ET Q q 0 0 0 rg BT 249.04 538.25 Td (we ) Tj ET Q q 0 0 0 rg BT 265.93 538.25 Td (signed ) Tj ET Q q 0 0 0 rg BT 301.17 538.25 Td (an ) Tj ET Q q 0 0 0 rg BT 316.24 538.25 Td (agreement ) Tj ET Q q 0 0 0 rg BT 371.65 538.25 Td (with ) Tj ET Q q 0 0 0 rg BT 394.04 538.25 Td (a ) Tj ET Q q 0 0 0 rg BT 402.99 538.25 Td (large ) Tj ET Q q 0 0 0 rg BT 430.28 538.25 Td (professional ) Tj ET Q q 0 0 0 rg BT 492.42 538.25 Td (operator ) Tj ET Q q 0 0 0 rg BT 536.22 538.25 Td (\(level ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 525.05 Td (4\) ) Tj ET Q q 0 0 0 rg BT 62.37 525.05 Td (to ) Tj ET Q q 0 0 0 rg BT 74.64 525.05 Td (connect ) Tj ET Q q 0 0 0 rg BT 116.25 525.05 Td (up ) Tj ET Q q 0 0 0 rg BT 131.58 525.05 Td (to ) Tj ET Q q 0 0 0 rg BT 143.84 525.05 Td (50,000 ) Tj ET Q q 0 0 0 rg BT 180.58 525.05 Td (households ) Tj ET Q q 0 0 0 rg BT 239.94 525.05 Td (to ) Tj ET Q q 0 0 0 rg BT 252.20 525.05 Td (our ) Tj ET Q q 0 0 0 rg BT 271.19 525.05 Td (cable ) Tj ET Q q 0 0 0 rg BT 300.58 525.05 Td (network ) Tj ET Q q 0 0 0 rg BT 342.18 525.05 Td (over ) Tj ET Q q 0 0 0 rg BT 366.67 525.05 Td (the ) Tj ET Q q 0 0 0 rg BT 385.05 525.05 Td (coming ) Tj ET Q q 0 0 0 rg BT 423.60 525.05 Td (years ) Tj ET Q q 0 0 0 rg BT 453.59 525.05 Td (with ) Tj ET Q q 0 0 0 rg BT 476.24 525.05 Td (upsell ) Tj ET Q q 0 0 0 rg BT 508.07 525.05 Td (opportunity ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 511.85 Td (for ) Tj ET Q q 0 0 0 rg BT 64.93 511.85 Td (our ) Tj ET Q q 0 0 0 rg BT 83.43 511.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 138.63 511.85 Td (and ) Tj ET Q q 0 0 0 rg BT 159.58 511.85 Td (voice ) Tj ET Q q 0 0 0 rg BT 187.86 511.85 Td (services. ) Tj ET Q q 0 0 0 rg BT 233.85 511.85 Td (On ) Tj ET Q q 0 0 0 rg BT 251.12 511.85 Td (January ) Tj ET Q q 0 0 0 rg BT 292.85 511.85 Td (1, ) Tj ET Q q 0 0 0 rg BT 304.62 511.85 Td (2016, ) Tj ET Q q 0 0 0 rg BT 334.75 511.85 Td (we ) Tj ET Q q 0 0 0 rg BT 351.40 511.85 Td (began ) Tj ET Q q 0 0 0 rg BT 384.59 511.85 Td (implementing ) Tj ET Q q 0 0 0 rg BT 452.61 511.85 Td (an ) Tj ET Q q 0 0 0 rg BT 467.44 511.85 Td (average ) Tj ET Q q 0 0 0 rg BT 509.79 511.85 Td (3.8% ) Tj ET Q q 0 0 0 rg BT 537.45 511.85 Td (MDU ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 498.65 Td (basic ) Tj ET Q q 0 0 0 rg BT 78.21 498.65 Td (video ) Tj ET Q q 0 0 0 rg BT 107.54 498.65 Td (price ) Tj ET Q q 0 0 0 rg BT 134.41 498.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 179.02 498.65 Td (that ) Tj ET Q q 0 0 0 rg BT 200.40 498.65 Td (will ) Tj ET Q q 0 0 0 rg BT 218.70 498.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 254.13 498.65 Td (up ) Tj ET Q q 0 0 0 rg BT 269.40 498.65 Td (to ) Tj ET Q q 0 0 0 rg BT 281.60 498.65 Td (2.7 ) Tj ET Q q 0 0 0 rg BT 299.93 498.65 Td (million ) Tj ET Q q 0 0 0 rg BT 334.13 498.65 Td (video ) Tj ET Q q 0 0 0 rg BT 363.46 498.65 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 422.73 498.65 Td (throughout ) Tj ET Q q 0 0 0 rg BT 478.36 498.65 Td (2016. ) Tj ET Q q 0 0 0 rg BT 508.92 498.65 Td (In ) Tj ET Q q 0 0 0 rg BT 521.12 498.65 Td (January) 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 (we ) Tj ET Q q 0 0 0 rg BT 65.78 485.45 Td (also ) Tj ET Q q 0 0 0 rg BT 88.18 485.45 Td (informed ) Tj ET Q q 0 0 0 rg BT 133.19 485.45 Td (up ) Tj ET Q q 0 0 0 rg BT 147.65 485.45 Td (to ) Tj ET Q q 0 0 0 rg BT 159.04 485.45 Td (2.1 ) Tj ET Q q 0 0 0 rg BT 176.55 485.45 Td (million ) Tj ET Q q 0 0 0 rg BT 209.94 485.45 Td (SDU ) Tj ET Q q 0 0 0 rg BT 235.39 485.45 Td (video ) Tj ET Q q 0 0 0 rg BT 263.90 485.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 322.36 485.45 Td (about ) Tj ET Q q 0 0 0 rg BT 352.11 485.45 Td (an ) Tj ET Q q 0 0 0 rg BT 366.56 485.45 Td (1) Tj ET Q q 0 0 0 rg BT 371.86 485.45 Td (1% ) Tj ET Q q 0 0 0 rg BT 389.98 485.45 Td (price ) Tj ET Q q 0 0 0 rg BT 416.04 485.45 Td (increase, ) Tj ET Q q 0 0 0 rg BT 462.89 485.45 Td (lifting ) Tj ET Q q 0 0 0 rg BT 490.79 485.45 Td (the ) Tj ET Q q 0 0 0 rg BT 508.30 485.45 Td (basic ) Tj ET Q q 0 0 0 rg BT 536.20 485.45 Td (cable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 472.25 Td (fee ) Tj ET Q q 0 0 0 rg BT 67.82 472.25 Td (for ) Tj ET Q q 0 0 0 rg BT 83.69 472.25 Td (those ) Tj ET Q q 0 0 0 rg BT 113.63 472.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 167.40 472.25 Td (from ) Tj ET Q q 0 0 0 rg BT 192.43 472.25 Td (18.90 ) Tj ET Q q 0 0 0 rg BT 229.11 472.25 Td (to ) Tj ET Q q 0 0 0 rg BT 241.32 472.25 Td (20.99, ) Tj ET Q q 0 0 0 rg BT 281.05 472.25 Td (ef) Tj ET Q q 0 0 0 rg BT 290.02 472.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 324.85 472.25 Td (March ) Tj ET Q q 0 0 0 rg BT 358.44 472.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 367.59 472.25 Td (with ) Tj ET Q q 0 0 0 rg BT 390.19 472.25 Td (the ) Tj ET Q q 0 0 0 rg BT 408.51 472.25 Td (exception ) Tj ET Q q 0 0 0 rg BT 458.63 472.25 Td (of ) Tj ET Q q 0 0 0 rg BT 470.84 472.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 506.88 472.25 Td (annual ) Tj ET Q q 0 0 0 rg BT 542.95 472.25 Td (pre-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 459.05 Td (payers ) Tj ET Q q 0 0 0 rg BT 85.55 459.05 Td (that ) Tj ET Q q 0 0 0 rg BT 106.92 459.05 Td (will ) Tj ET Q q 0 0 0 rg BT 125.23 459.05 Td (be ) Tj ET Q q 0 0 0 rg BT 140.49 459.05 Td (af) Tj ET Q q 0 0 0 rg BT 149.47 459.05 Td (fected ) Tj ET Q q 0 0 0 rg BT 182.46 459.05 Td (in ) Tj ET Q q 0 0 0 rg BT 194.05 459.05 Td (late ) Tj ET Q q 0 0 0 rg BT 214.82 459.05 Td (2016.) 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 242.34 459.05 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 245.37 459.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 266.74 459.05 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 346.21 459.05 Td (video ) Tj ET Q q 0 0 0 rg BT 375.54 459.05 Td (platform, ) Tj ET Q q 0 0 0 rg BT 421.36 459.05 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 462.09 459.05 Td (TV) Tj ET Q q 0 0 0 rg BT 475.14 459.05 Td (, ) Tj ET Q q 0 0 0 rg BT 481.23 459.05 Td (grew ) Tj ET Q q 0 0 0 rg BT 508.10 459.05 Td (by ) Tj ET Q q 0 0 0 rg BT 522.74 459.05 Td (215,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 445.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 109.41 445.85 Td (in ) Tj ET Q q 0 0 0 rg BT 121.63 445.85 Td (2015, ) Tj ET Q q 0 0 0 rg BT 152.82 445.85 Td (almost ) Tj ET Q q 0 0 0 rg BT 188.89 445.85 Td (doubling ) Tj ET Q q 0 0 0 rg BT 234.15 445.85 Td (our ) Tj ET Q q 0 0 0 rg BT 253.71 445.85 Td (base ) Tj ET Q q 0 0 0 rg BT 281.23 445.85 Td (to ) Tj ET Q q 0 0 0 rg BT 294.07 445.85 Td (460,000 ) Tj ET Q q 0 0 0 rg BT 337.49 445.85 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 400.46 445.85 Td (representing ) Tj ET Q q 0 0 0 rg BT 465.27 445.85 Td (a ) Tj ET Q q 0 0 0 rg BT 475.05 445.85 Td (7% ) Tj ET Q q 0 0 0 rg BT 494.62 445.85 Td (penetration ) Tj ET Q q 0 0 0 rg BT 553.33 445.85 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 432.65 Td (our ) Tj ET Q q 0 0 0 rg BT 69.74 432.65 Td (total ) Tj ET Q q 0 0 0 rg BT 94.87 432.65 Td (video ) Tj ET Q q 0 0 0 rg BT 125.50 432.65 Td (base. ) Tj ET Q q 0 0 0 rg BT 156.47 432.65 Td (T) Tj ET Q q 0 0 0 rg BT 161.97 432.65 Td (o ) Tj ET Q q 0 0 0 rg BT 172.42 432.65 Td (further ) Tj ET Q q 0 0 0 rg BT 208.55 432.65 Td (enhance ) Tj ET Q q 0 0 0 rg BT 255.09 432.65 Td (the ) Tj ET Q q 0 0 0 rg BT 274.72 432.65 Td (customer ) Tj ET Q q 0 0 0 rg BT 324.30 432.65 Td (experience, ) Tj ET Q q 0 0 0 rg BT 385.50 432.65 Td (we ) Tj ET Q q 0 0 0 rg BT 403.90 432.65 Td (introduced ) Tj ET Q q 0 0 0 rg BT 459.61 432.65 Td (new ) Tj ET Q q 0 0 0 rg BT 484.13 432.65 Td (software ) Tj ET Q q 0 0 0 rg BT 530.04 432.65 Td (on ) Tj ET Q q 0 0 0 rg BT 546.61 432.65 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 419.45 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 91.47 419.45 Td (boxes ) Tj ET Q q 0 0 0 rg BT 124.88 419.45 Td (during ) Tj ET Q q 0 0 0 rg BT 159.52 419.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 178.26 419.45 Td (that ) Tj ET Q q 0 0 0 rg BT 200.67 419.45 Td (incorporates ) Tj ET Q q 0 0 0 rg BT 265.26 419.45 Td (feedback ) Tj ET Q q 0 0 0 rg BT 313.97 419.45 Td (from ) Tj ET Q q 0 0 0 rg BT 340.03 419.45 Td (our ) Tj ET Q q 0 0 0 rg BT 359.99 419.45 Td (existing ) Tj ET Q q 0 0 0 rg BT 401.35 419.45 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 443.31 419.45 Td (customers ) Tj ET Q q 0 0 0 rg BT 498.11 419.45 Td (and ) Tj ET Q q 0 0 0 rg BT 520.53 419.45 Td (we ) Tj ET Q q 0 0 0 rg BT 538.65 419.45 Td (have ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 406.25 Td (added ) Tj ET Q q 0 0 0 rg BT 83.00 406.25 Td (14 ) Tj ET Q q 0 0 0 rg BT 98.16 406.25 Td (new ) Tj ET Q q 0 0 0 rg BT 121.25 406.25 Td (apps ) Tj ET Q q 0 0 0 rg BT 148.02 406.25 Td (to ) Tj ET Q q 0 0 0 rg BT 160.11 406.25 Td (the ) Tj ET Q q 0 0 0 rg BT 178.32 406.25 Td (platform ) Tj ET Q q 0 0 0 rg BT 220.97 406.25 Td (since ) Tj ET Q q 0 0 0 rg BT 249.56 406.25 Td (Q3. ) Tj ET Q q 0 0 0 rg BT 270.21 406.25 Td (In ) Tj ET Q q 0 0 0 rg BT 282.30 406.25 Td (February) Tj ET Q q 0 0 0 rg BT 325.50 406.25 Td (, ) Tj ET Q q 0 0 0 rg BT 331.47 406.25 Td (we ) Tj ET Q q 0 0 0 rg BT 348.45 406.25 Td (also ) Tj ET Q q 0 0 0 rg BT 371.54 406.25 Td (activated ) Tj ET Q q 0 0 0 rg BT 418.49 406.25 Td (remote ) Tj ET Q q 0 0 0 rg BT 455.64 406.25 Td (recording ) Tj ET Q q 0 0 0 rg BT 504.41 406.25 Td (functionality ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 393.05 Td (on ) Tj ET Q q 0 0 0 rg BT 64.29 393.05 Td (our ) Tj ET Q q 0 0 0 rg BT 82.74 393.05 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 123.20 393.05 Td (Go ) Tj ET Q q 0 0 0 rg BT 140.43 393.05 Td (app, ) Tj ET Q q 0 0 0 rg BT 164.39 393.05 Td (allowing ) Tj ET Q q 0 0 0 rg BT 206.69 393.05 Td (our ) Tj ET Q q 0 0 0 rg BT 225.15 393.05 Td (customers ) Tj ET Q q 0 0 0 rg BT 278.44 393.05 Td (to ) Tj ET Q q 0 0 0 rg BT 290.17 393.05 Td (record ) Tj ET Q q 0 0 0 rg BT 323.90 393.05 Td (programs ) Tj ET Q q 0 0 0 rg BT 372.92 393.05 Td (on ) Tj ET Q q 0 0 0 rg BT 387.71 393.05 Td (their ) Tj ET Q q 0 0 0 rg BT 411.66 393.05 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 452.12 393.05 Td (box ) Tj ET Q q 0 0 0 rg BT 472.41 393.05 Td (wherever ) Tj ET Q q 0 0 0 rg BT 520.20 393.05 Td (they ) Tj ET Q q 0 0 0 rg BT 543.55 393.05 Td (are. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 379.85 Td (On ) Tj ET Q q 0 0 0 rg BT 67.45 379.85 Td (the ) Tj ET Q q 0 0 0 rg BT 86.01 379.85 Td (subscription ) Tj ET Q q 0 0 0 rg BT 147.98 379.85 Td (video-on-demand ) Tj ET Q q 0 0 0 rg BT 236.86 379.85 Td (\("SV) Tj ET Q q 0 0 0 rg BT 258.50 379.85 Td (oD"\) ) Tj ET Q q 0 0 0 rg BT 283.40 379.85 Td (front, ) Tj ET Q q 0 0 0 rg BT 311.74 379.85 Td (we ) Tj ET Q q 0 0 0 rg BT 329.07 379.85 Td (experienced ) Tj ET Q q 0 0 0 rg BT 392.27 379.85 Td (continued ) Tj ET Q q 0 0 0 rg BT 443.25 379.85 Td (traction ) Tj ET Q q 0 0 0 rg BT 482.60 379.85 Td (of ) Tj ET Q q 0 0 0 rg BT 495.04 379.85 Td (our ) Tj ET Q q 0 0 0 rg BT 514.21 379.85 Td (Maxdome ) 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 58.48 366.65 Td (fering ) Tj ET Q q 0 0 0 rg BT 89.05 366.65 Td (and ) Tj ET Q q 0 0 0 rg BT 110.46 366.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 161.21 366.65 Td (average ) Tj ET Q q 0 0 0 rg BT 204.02 366.65 Td (monthly ) Tj ET Q q 0 0 0 rg BT 245.59 366.65 Td (usage ) Tj ET Q q 0 0 0 rg BT 278.61 366.65 Td (among ) Tj ET Q q 0 0 0 rg BT 315.30 366.65 Td (active ) Tj ET Q q 0 0 0 rg BT 347.10 366.65 Td (users ) Tj ET Q q 0 0 0 rg BT 377.05 366.65 Td (in ) Tj ET Q q 0 0 0 rg BT 388.67 366.65 Td (Q4.) 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 406.40 366.65 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 49.50 340.25 Td (Broadband ) Tj ET Q q 0 0 0 rg BT 105.29 340.25 Td (internet ) Tj ET Q q 0 0 0 rg BT 143.94 340.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 175.84 340.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 225.50 340.25 Td (by ) Tj ET Q q 0 0 0 rg BT 239.08 340.25 Td (210,000 ) Tj ET Q q 0 0 0 rg BT 280.81 340.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 312.71 340.25 Td (organically ) Tj ET Q q 0 0 0 rg BT 367.26 340.25 Td (during ) Tj ET Q q 0 0 0 rg BT 399.80 340.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 429.29 340.25 Td (of ) Tj ET Q q 0 0 0 rg BT 440.42 340.25 Td (which ) Tj ET Q q 0 0 0 rg BT 470.51 340.25 Td (62,000 ) Tj ET Q q 0 0 0 rg BT 506.12 340.25 Td (were ) Tj ET Q q 0 0 0 rg BT 531.92 340.25 Td (added ) 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 82.38 327.05 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 102.41 327.05 Td (representing ) Tj ET Q q 0 0 0 rg BT 165.87 327.05 Td (the ) Tj ET Q q 0 0 0 rg BT 183.46 327.05 Td (strongest ) Tj ET Q q 0 0 0 rg BT 231.01 327.05 Td (quarter ) Tj ET Q q 0 0 0 rg BT 268.16 327.05 Td (in ) Tj ET Q q 0 0 0 rg BT 279.03 327.05 Td (2015. ) Tj ET Q q 0 0 0 rg BT 308.86 327.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 329.50 327.05 Td (broadband ) Tj ET Q q 0 0 0 rg BT 384.41 327.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 411.15 327.05 Td (performance ) Tj ET Q q 0 0 0 rg BT 475.21 327.05 Td (represented ) Tj ET Q q 0 0 0 rg BT 536.21 327.05 Td (lower ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 313.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 77.61 313.85 Td (volume ) Tj ET Q q 0 0 0 rg BT 116.74 313.85 Td (growth ) Tj ET Q q 0 0 0 rg BT 153.42 313.85 Td (as ) Tj ET Q q 0 0 0 rg BT 168.71 313.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 221.29 313.85 Td (to ) Tj ET Q q 0 0 0 rg BT 234.13 313.85 Td (2014, ) Tj ET Q q 0 0 0 rg BT 265.33 313.85 Td (due ) Tj ET Q q 0 0 0 rg BT 287.35 313.85 Td (largely ) Tj ET Q q 0 0 0 rg BT 323.42 313.85 Td (to ) Tj ET Q q 0 0 0 rg BT 336.26 313.85 Td (the ) Tj ET Q q 0 0 0 rg BT 355.22 313.85 Td (impacts ) Tj ET Q q 0 0 0 rg BT 396.79 313.85 Td (of ) Tj ET Q q 0 0 0 rg BT 409.63 313.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 465.90 313.85 Td (price ) Tj ET Q q 0 0 0 rg BT 493.41 313.85 Td (increases ) Tj ET Q q 0 0 0 rg BT 544.16 313.85 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 300.65 Td (higher ) Tj ET Q q 0 0 0 rg BT 81.74 300.65 Td (priced ) Tj ET Q q 0 0 0 rg BT 113.37 300.65 Td (portfolios ) Tj ET Q q 0 0 0 rg BT 159.67 300.65 Td (that ) Tj ET Q q 0 0 0 rg BT 179.69 300.65 Td (were ) Tj ET Q q 0 0 0 rg BT 205.20 300.65 Td (implemented ) Tj ET Q q 0 0 0 rg BT 269.84 300.65 Td (during ) Tj ET Q q 0 0 0 rg BT 302.08 300.65 Td (2015. ) Tj ET Q q 0 0 0 rg BT 331.28 300.65 Td (In ) Tj ET Q q 0 0 0 rg BT 342.12 300.65 Td (January ) Tj ET Q q 0 0 0 rg BT 382.92 300.65 Td (2016, ) Tj ET Q q 0 0 0 rg BT 412.11 300.65 Td (we ) Tj ET Q q 0 0 0 rg BT 427.84 300.65 Td (announced ) Tj ET Q q 0 0 0 rg BT 483.95 300.65 Td (a ) Tj ET Q q 0 0 0 rg BT 491.73 300.65 Td (2.90 ) Tj ET Q q 0 0 0 rg BT 520.93 300.65 Td (increase ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 287.45 Td (in ) Tj ET Q q 0 0 0 rg BT 60.21 287.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 114.97 287.45 Td (prices, ) Tj ET Q q 0 0 0 rg BT 149.52 287.45 Td (ef) Tj ET Q q 0 0 0 rg BT 158.50 287.45 Td (fective ) Tj ET Q q 0 0 0 rg BT 192.44 287.45 Td (March ) Tj ET Q q 0 0 0 rg BT 225.15 287.45 Td (1 ) Tj ET Q q 0 0 0 rg BT 233.42 287.45 Td (for ) Tj ET Q q 0 0 0 rg BT 248.41 287.45 Td (up ) Tj ET Q q 0 0 0 rg BT 262.80 287.45 Td (to ) Tj ET Q q 0 0 0 rg BT 274.12 287.45 Td (250,000 ) Tj ET Q q 0 0 0 rg BT 316.04 287.45 Td (existing ) Tj ET Q q 0 0 0 rg BT 355.49 287.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 410.24 287.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 468.63 287.45 Td (that ) Tj ET Q q 0 0 0 rg BT 489.13 287.45 Td (reside ) Tj ET Q q 0 0 0 rg BT 521.25 287.45 Td (in ) Tj ET Q q 0 0 0 rg BT 531.96 287.45 Td (MDUs ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 274.25 Td (and ) Tj ET Q q 0 0 0 rg BT 70.20 274.25 Td (did ) Tj ET Q q 0 0 0 rg BT 87.22 274.25 Td (not ) Tj ET Q q 0 0 0 rg BT 104.86 274.25 Td (face ) Tj ET Q q 0 0 0 rg BT 127.99 274.25 Td (a ) Tj ET Q q 0 0 0 rg BT 136.45 274.25 Td (price ) Tj ET Q q 0 0 0 rg BT 162.64 274.25 Td (hike ) Tj ET Q q 0 0 0 rg BT 185.16 274.25 Td (in ) Tj ET Q q 0 0 0 rg BT 196.07 274.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 213.09 274.25 Td (2015. ) Tj ET Q q 0 0 0 rg BT 242.96 274.25 Td (In ) Tj ET Q q 0 0 0 rg BT 254.48 274.25 Td (February ) Tj ET Q q 0 0 0 rg BT 300.84 274.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 330.71 274.25 Td (we ) Tj ET Q q 0 0 0 rg BT 347.11 274.25 Td (expanded ) Tj ET Q q 0 0 0 rg BT 397.78 274.25 Td (our ) Tj ET Q q 0 0 0 rg BT 416.02 274.25 Td (speed ) Tj ET Q q 0 0 0 rg BT 448.34 274.25 Td (leadership ) Tj ET Q q 0 0 0 rg BT 501.44 274.25 Td (by ) Tj ET Q q 0 0 0 rg BT 515.40 274.25 Td (launching ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 261.05 Td (new ) Tj ET Q q 0 0 0 rg BT 72.27 261.05 Td (internet ) Tj ET Q q 0 0 0 rg BT 111.56 261.05 Td (bundles, ) Tj ET Q q 0 0 0 rg BT 155.74 261.05 Td (which ) Tj ET Q q 0 0 0 rg BT 186.46 261.05 Td (of) Tj ET Q q 0 0 0 rg BT 195.43 261.05 Td (fer ) Tj ET Q q 0 0 0 rg BT 210.86 261.05 Td (400 ) Tj ET Q q 0 0 0 rg BT 231.81 261.05 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 261.30 261.05 Td (in ) Tj ET Q q 0 0 0 rg BT 272.46 261.05 Td (over ) Tj ET Q q 0 0 0 rg BT 296.45 261.05 Td (40% ) Tj ET Q q 0 0 0 rg BT 321.06 261.05 Td (of ) Tj ET Q q 0 0 0 rg BT 332.83 261.05 Td (our ) Tj ET Q q 0 0 0 rg BT 351.32 261.05 Td (footprint. ) Tj ET Q q 0 0 0 rg BT 396.54 261.05 Td (These ) Tj ET Q q 0 0 0 rg BT 429.71 261.05 Td (services ) Tj ET Q q 0 0 0 rg BT 472.65 261.05 Td (are ) Tj ET Q q 0 0 0 rg BT 491.14 261.05 Td (priced ) Tj ET Q q 0 0 0 rg BT 523.69 261.05 Td (at ) Tj ET Q q 0 0 0 rg BT 535.46 261.05 Td (a ) Tj ET Q q 0 0 0 rg BT 544.17 261.05 Td (20 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 247.85 Td (premium ) Tj ET Q q 0 0 0 rg BT 95.64 247.85 Td (to ) Tj ET Q q 0 0 0 rg BT 108.17 247.85 Td (our ) Tj ET Q q 0 0 0 rg BT 127.42 247.85 Td (200 ) Tj ET Q q 0 0 0 rg BT 149.13 247.85 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 179.38 247.85 Td (top ) Tj ET Q q 0 0 0 rg BT 198.03 247.85 Td (speed ) Tj ET Q q 0 0 0 rg BT 231.35 247.85 Td (products.) 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 276.60 247.85 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 279.74 247.85 Td (These ) Tj ET Q q 0 0 0 rg BT 313.66 247.85 Td (ultrafast ) Tj ET Q q 0 0 0 rg BT 356.15 247.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 412.10 247.85 Td (bundles, ) Tj ET Q q 0 0 0 rg BT 457.05 247.85 Td (coupled ) Tj ET Q q 0 0 0 rg BT 498.93 247.85 Td (with ) Tj ET Q q 0 0 0 rg BT 521.85 247.85 Td (our ) Tj ET Q q 0 0 0 rg BT 541.10 247.85 Td (core ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 234.65 Td (triple-play ) Tj ET Q q 0 0 0 rg BT 100.76 234.65 Td (of) Tj ET Q q 0 0 0 rg BT 109.74 234.65 Td (fer ) Tj ET Q q 0 0 0 rg BT 126.15 234.65 Td (that ) Tj ET Q q 0 0 0 rg BT 148.07 234.65 Td (includes ) Tj ET Q q 0 0 0 rg BT 192.01 234.65 Td (unlimited ) Tj ET Q q 0 0 0 rg BT 239.60 234.65 Td (fixed ) Tj ET Q q 0 0 0 rg BT 266.41 234.65 Td (voice, ) Tj ET Q q 0 0 0 rg BT 298.72 234.65 Td (120 ) Tj ET Q q 0 0 0 rg BT 320.65 234.65 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 351.13 234.65 Td (internet ) Tj ET Q q 0 0 0 rg BT 391.39 234.65 Td (speeds ) Tj ET Q q 0 0 0 rg BT 430.44 234.65 Td (and ) Tj ET Q q 0 0 0 rg BT 452.37 234.65 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 493.61 234.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 511.25 234.65 Td (with ) Tj ET Q q 0 0 0 rg BT 534.38 234.65 Td (SV) Tj ET Q q 0 0 0 rg BT 548.45 234.65 Td (oD ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 221.45 Td (from ) Tj ET Q q 0 0 0 rg BT 74.99 221.45 Td (Maxdome ) Tj ET Q q 0 0 0 rg BT 126.78 221.45 Td (and ) Tj ET Q q 0 0 0 rg BT 148.63 221.45 Td (out-of-home ) Tj ET Q q 0 0 0 rg BT 211.43 221.45 Td (capabilities, ) Tj ET Q q 0 0 0 rg BT 272.40 221.45 Td (position ) Tj ET Q q 0 0 0 rg BT 313.81 221.45 Td (us ) Tj ET Q q 0 0 0 rg BT 328.92 221.45 Td (well ) Tj ET Q q 0 0 0 rg BT 351.36 221.45 Td (for ) Tj ET Q q 0 0 0 rg BT 367.69 221.45 Td (continued ) Tj ET Q q 0 0 0 rg BT 418.89 221.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 474.99 221.45 Td (growth. ) Tj ET Q q 0 0 0 rg BT 514.55 221.45 Td (In ) Tj ET Q q 0 0 0 rg BT 527.22 221.45 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 548.44 221.45 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 208.25 Td (rolled ) Tj ET Q q 0 0 0 rg BT 79.28 208.25 Td (out ) Tj ET Q q 0 0 0 rg BT 97.45 208.25 Td (our ) Tj ET Q q 0 0 0 rg BT 116.22 208.25 Td (new ) Tj ET Q q 0 0 0 rg BT 139.28 208.25 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 164.15 208.25 Td (router ) Tj ET Q q 0 0 0 rg BT 195.76 208.25 Td (that ) Tj ET Q q 0 0 0 rg BT 216.98 208.25 Td (supports ) Tj ET Q q 0 0 0 rg BT 262.05 208.25 Td (the ) Tj ET Q q 0 0 0 rg BT 280.22 208.25 Td (latest ) Tj ET Q q 0 0 0 rg BT 309.39 208.25 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 334.25 208.25 Td (technology ) Tj ET Q q 0 0 0 rg BT 390.34 208.25 Td (and ) Tj ET Q q 0 0 0 rg BT 411.57 208.25 Td (is ) Tj ET Q q 0 0 0 rg BT 422.39 208.25 Td (capable ) Tj ET Q q 0 0 0 rg BT 463.80 208.25 Td (of ) Tj ET Q q 0 0 0 rg BT 475.85 208.25 Td (managing ) Tj ET Q q 0 0 0 rg BT 527.04 208.25 Td (speeds ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 195.05 Td (up ) Tj ET Q q 0 0 0 rg BT 64.72 195.05 Td (to ) Tj ET Q q 0 0 0 rg BT 76.88 195.05 Td (1 ) Tj ET Q q 0 0 0 rg BT 85.98 195.05 Td (Gbps. ) Tj ET Q q 0 0 0 rg BT 118.12 195.05 Td (T) Tj ET Q q 0 0 0 rg BT 123.62 195.05 Td (elephony ) Tj ET Q q 0 0 0 rg BT 171.26 195.05 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 204.19 195.05 Td (grew ) Tj ET Q q 0 0 0 rg BT 231.02 195.05 Td (by ) Tj ET Q q 0 0 0 rg BT 245.62 195.05 Td (164,000 ) Tj ET Q q 0 0 0 rg BT 288.37 195.05 Td (organically ) Tj ET Q q 0 0 0 rg BT 343.94 195.05 Td (during ) Tj ET Q q 0 0 0 rg BT 377.50 195.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 408.01 195.05 Td (including ) Tj ET Q q 0 0 0 rg BT 454.42 195.05 Td (46,000 ) Tj ET Q q 0 0 0 rg BT 491.05 195.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 518.48 195.05 Td (additions ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 181.85 Td (in ) Tj ET Q q 0 0 0 rg BT 60.94 181.85 Td (Q4. ) Tj ET Q q 0 0 0 rg BT 81.36 181.85 Td (The ) Tj ET Q q 0 0 0 rg BT 103.19 181.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 132.35 181.85 Td (number ) Tj ET Q q 0 0 0 rg BT 172.52 181.85 Td (of ) Tj ET Q q 0 0 0 rg BT 184.57 181.85 Td (telephony ) Tj ET Q q 0 0 0 rg BT 235.15 181.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 262.47 181.85 Td (additions, ) Tj ET Q q 0 0 0 rg BT 312.43 181.85 Td (as ) Tj ET Q q 0 0 0 rg BT 326.93 181.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 378.72 181.85 Td (to ) Tj ET Q q 0 0 0 rg BT 390.77 181.85 Td (our ) Tj ET Q q 0 0 0 rg BT 409.54 181.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 465.02 181.85 Td (internet ) Tj ET Q q 0 0 0 rg BT 504.59 181.85 Td (additions, ) Tj ET Q q 0 0 0 rg BT 554.55 181.85 Td (is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 168.65 Td (partially ) Tj ET Q q 0 0 0 rg BT 89.45 168.65 Td (related ) Tj ET Q q 0 0 0 rg BT 125.14 168.65 Td (to ) Tj ET Q q 0 0 0 rg BT 136.36 168.65 Td (higher ) Tj ET Q q 0 0 0 rg BT 168.98 168.65 Td (sales ) Tj ET Q q 0 0 0 rg BT 196.71 168.65 Td (of ) Tj ET Q q 0 0 0 rg BT 207.94 168.65 Td (standalone ) Tj ET Q q 0 0 0 rg BT 263.81 168.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 318.46 168.65 Td (internet ) Tj ET Q q 0 0 0 rg BT 357.20 168.65 Td (services ) Tj ET Q q 0 0 0 rg BT 399.59 168.65 Td (and ) Tj ET Q q 0 0 0 rg BT 419.99 168.65 Td (upselling ) Tj ET Q q 0 0 0 rg BT 465.46 168.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 520.11 168.65 Td ( ) Tj ET Q q 0 0 0 rg BT 522.16 168.65 Td (services ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 155.45 Td (to ) Tj ET Q q 0 0 0 rg BT 61.73 155.45 Td (existing ) Tj ET Q q 0 0 0 rg BT 102.08 155.45 Td (video-only ) Tj ET Q q 0 0 0 rg BT 155.28 155.45 Td (customers ) Tj ET Q q 0 0 0 rg BT 209.07 155.45 Td (during ) Tj ET Q q 0 0 0 rg BT 242.70 155.45 Td (H2.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 129.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 71.23 129.05 Td (implemented ) Tj ET Q q 0 0 0 rg BT 137.61 129.05 Td (and ) Tj ET Q q 0 0 0 rg BT 159.36 129.05 Td (announced ) Tj ET Q q 0 0 0 rg BT 217.20 129.05 Td (price ) Tj ET Q q 0 0 0 rg BT 244.44 129.05 Td (increases ) Tj ET Q q 0 0 0 rg BT 294.92 129.05 Td (in ) Tj ET Q q 0 0 0 rg BT 306.87 129.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 324.95 129.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 352.81 129.05 Td (reflect ) Tj ET Q q 0 0 0 rg BT 386.17 129.05 Td (a ) Tj ET Q q 0 0 0 rg BT 395.68 129.05 Td (blended ) Tj ET Q q 0 0 0 rg BT 438.23 129.05 Td (2.3% ) Tj ET Q q 0 0 0 rg BT 466.70 129.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 511.68 129.05 Td (for ) Tj ET Q q 0 0 0 rg BT 527.91 129.05 Td (our ) Tj ET Q q 0 0 0 rg BT 547.21 129.05 Td (7.1 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 115.85 Td (million ) Tj ET Q q 0 0 0 rg BT 83.96 115.85 Td (customers. ) Tj ET Q q 0 0 0 rg BT 140.38 115.85 Td (As ) Tj ET Q q 0 0 0 rg BT 156.51 115.85 Td (a ) Tj ET Q q 0 0 0 rg BT 165.91 115.85 Td (result, ) Tj ET Q q 0 0 0 rg BT 199.15 115.85 Td (and ) Tj ET Q q 0 0 0 rg BT 220.79 115.85 Td (similar ) Tj ET Q q 0 0 0 rg BT 255.85 115.85 Td (to ) Tj ET Q q 0 0 0 rg BT 268.31 115.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 286.27 115.85 Td (2015, ) Tj ET Q q 0 0 0 rg BT 317.09 115.85 Td (we ) Tj ET Q q 0 0 0 rg BT 334.43 115.85 Td (expect ) Tj ET Q q 0 0 0 rg BT 370.13 115.85 Td (that ) Tj ET Q q 0 0 0 rg BT 391.76 115.85 Td (our ) Tj ET Q q 0 0 0 rg BT 410.95 115.85 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 428.91 115.85 Td (2016 ) Tj ET Q q 0 0 0 rg BT 456.66 115.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 484.39 115.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 531.71 115.85 Td (will ) Tj ET Q q 0 0 0 rg BT 550.27 115.85 Td (be ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 102.65 Td (adversely ) Tj ET Q q 0 0 0 rg BT 99.63 102.65 Td (impacted, ) Tj ET Q q 0 0 0 rg BT 150.38 102.65 Td (as ) Tj ET Q q 0 0 0 rg BT 165.05 102.65 Td (most ) Tj ET Q q 0 0 0 rg BT 191.95 102.65 Td (customers ) Tj ET Q q 0 0 0 rg BT 245.74 102.65 Td (have ) Tj ET Q q 0 0 0 rg BT 272.65 102.65 Td (an ) Tj ET Q q 0 0 0 rg BT 287.94 102.65 Td (extraordinary ) Tj ET Q q 0 0 0 rg BT 355.19 102.65 Td (termination ) Tj ET Q q 0 0 0 rg BT 412.66 102.65 Td (right.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 80.45 Td (As ) Tj ET Q q 0 0 0 rg BT 64.94 80.45 Td (part ) Tj ET Q q 0 0 0 rg BT 86.49 80.45 Td (of ) Tj ET Q q 0 0 0 rg BT 98.26 80.45 Td (our ) Tj ET Q q 0 0 0 rg BT 116.76 80.45 Td (ef) Tj ET Q q 0 0 0 rg BT 125.74 80.45 Td (forts ) Tj ET Q q 0 0 0 rg BT 149.73 80.45 Td (to ) Tj ET Q q 0 0 0 rg BT 161.50 80.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 205.68 80.45 Td (our ) Tj ET Q q 0 0 0 rg BT 224.18 80.45 Td (marketable ) Tj ET Q q 0 0 0 rg BT 281.19 80.45 Td (base ) Tj ET Q q 0 0 0 rg BT 307.65 80.45 Td (for ) Tj ET Q q 0 0 0 rg BT 323.08 80.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 378.29 80.45 Td (services, ) Tj ET Q q 0 0 0 rg BT 424.28 80.45 Td (we ) Tj ET Q q 0 0 0 rg BT 440.95 80.45 Td (have ) Tj ET Q q 0 0 0 rg BT 467.40 80.45 Td (been ) Tj ET Q q 0 0 0 rg BT 494.47 80.45 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 547.22 80.45 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 67.25 Td (results ) Tj ET Q q 0 0 0 rg BT 85.17 67.25 Td (of ) Tj ET Q q 0 0 0 rg BT 97.62 67.25 Td (our ) Tj ET Q q 0 0 0 rg BT 116.80 67.25 Td (new ) Tj ET Q q 0 0 0 rg BT 140.25 67.25 Td (build ) Tj ET Q q 0 0 0 rg BT 166.77 67.25 Td (trials. ) Tj ET Q q 0 0 0 rg BT 196.11 67.25 Td (These ) Tj ET Q q 0 0 0 rg BT 229.96 67.25 Td (trials ) Tj ET Q q 0 0 0 rg BT 256.46 67.25 Td (include ) Tj ET Q q 0 0 0 rg BT 294.59 67.25 Td (a ) Tj ET Q q 0 0 0 rg BT 303.99 67.25 Td (new ) Tj ET Q q 0 0 0 rg BT 327.44 67.25 Td (go-to-market ) Tj ET Q q 0 0 0 rg BT 393.07 67.25 Td (approach ) Tj ET Q q 0 0 0 rg BT 442.21 67.25 Td (using ) Tj ET Q q 0 0 0 rg BT 471.79 67.25 Td (regional ) Tj ET Q q 0 0 0 rg BT 514.20 67.25 Td (marketing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 54.05 Td (and ) Tj ET Q q 0 0 0 rg BT 72.08 54.05 Td (sales ) Tj ET Q q 0 0 0 rg BT 101.99 54.05 Td (campaigns, ) Tj ET Q q 0 0 0 rg BT 162.47 54.05 Td (including ) Tj ET Q q 0 0 0 rg BT 210.12 54.05 Td (targeted ) Tj ET Q q 0 0 0 rg BT 254.71 54.05 Td (door-to-door ) Tj ET Q q 0 0 0 rg BT 319.47 54.05 Td (activities ) Tj ET Q q 0 0 0 rg BT 365.88 54.05 Td (and ) Tj ET Q q 0 0 0 rg BT 388.46 54.05 Td (mailings. ) Tj ET Q q 0 0 0 rg BT 436.10 54.05 Td (Our ) Tj ET Q q 0 0 0 rg BT 458.66 54.05 Td (initial ) Tj ET Q q 0 0 0 rg BT 487.96 54.05 Td (results ) Tj ET Q q 0 0 0 rg BT 524.59 54.05 Td (indicate ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 40.85 Td (positive ) Tj ET Q q 0 0 0 rg BT 89.82 40.85 Td (demand ) Tj ET Q q 0 0 0 rg BT 132.60 40.85 Td (and, ) Tj ET Q q 0 0 0 rg BT 157.03 40.85 Td (as ) Tj ET Q q 0 0 0 rg BT 171.67 40.85 Td (a ) Tj ET Q q 0 0 0 rg BT 180.81 40.85 Td (result, ) Tj ET Q q 0 0 0 rg BT 213.79 40.85 Td (we ) Tj ET Q q 0 0 0 rg BT 230.87 40.85 Td (plan ) Tj ET Q q 0 0 0 rg BT 254.69 40.85 Td (to ) Tj ET Q q 0 0 0 rg BT 266.89 40.85 Td (connect ) Tj ET Q q 0 0 0 rg BT 308.44 40.85 Td (or ) Tj ET Q q 0 0 0 rg BT 321.25 40.85 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 364.64 40.85 Td (more ) Tj ET Q q 0 0 0 rg BT 392.72 40.85 Td (SDU ) Tj ET Q q 0 0 0 rg BT 418.97 40.85 Td (and ) Tj ET Q q 0 0 0 rg BT 440.35 40.85 Td (MDU ) Tj ET Q q 0 0 0 rg BT 468.42 40.85 Td (buildings ) Tj ET Q q 0 0 0 rg BT 514.86 40.85 Td (to ) Tj ET Q q 0 0 0 rg BT 527.06 40.85 Td (receive ) Tj ET Q /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I38 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 11.00 Tf ET q 0 0 0 rg BT 49.50 712.00 Td (our ) Tj ET Q q 0 0 0 rg BT 69.76 712.00 Td (broadband ) Tj ET Q q 0 0 0 rg BT 126.72 712.00 Td (services ) Tj ET Q q 0 0 0 rg BT 171.43 712.00 Td (going ) Tj ET Q q 0 0 0 rg BT 202.70 712.00 Td (forward. ) Tj ET Q q 0 0 0 rg BT 246.80 712.00 Td (For ) Tj ET Q q 0 0 0 rg BT 267.66 712.00 Td (2016, ) Tj ET Q q 0 0 0 rg BT 299.54 712.00 Td (we ) Tj ET Q q 0 0 0 rg BT 317.97 712.00 Td (expect ) Tj ET Q q 0 0 0 rg BT 354.74 712.00 Td (to ) Tj ET Q q 0 0 0 rg BT 368.27 712.00 Td (expand ) Tj ET Q q 0 0 0 rg BT 408.72 712.00 Td (our ) Tj ET Q q 0 0 0 rg BT 428.98 712.00 Td (marketable ) Tj ET Q q 0 0 0 rg BT 487.75 712.00 Td (homes ) Tj ET Q q 0 0 0 rg BT 525.13 712.00 Td (by ) Tj ET Q q 0 0 0 rg BT 541.11 712.00 Td (over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.80 Td (200,000 ) Tj ET Q q 0 0 0 rg BT 92.72 698.80 Td (and ) Tj ET Q q 0 0 0 rg BT 114.54 698.80 Td (target ) Tj ET Q q 0 0 0 rg BT 146.13 698.80 Td (an ) Tj ET Q q 0 0 0 rg BT 161.82 698.80 Td (approximate ) Tj ET Q q 0 0 0 rg BT 225.81 698.80 Td (20% ) Tj ET Q q 0 0 0 rg BT 251.29 698.80 Td (penetration ) Tj ET Q q 0 0 0 rg BT 309.79 698.80 Td (level ) Tj ET Q q 0 0 0 rg BT 335.88 698.80 Td (with ) Tj ET Q q 0 0 0 rg BT 358.90 698.80 Td (our ) Tj ET Q q 0 0 0 rg BT 378.26 698.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 434.32 698.80 Td (and ) Tj ET Q q 0 0 0 rg BT 456.14 698.80 Td (voice ) Tj ET Q q 0 0 0 rg BT 485.28 698.80 Td (services ) Tj ET Q q 0 0 0 rg BT 529.08 698.80 Td (in ) Tj ET Q q 0 0 0 rg BT 541.10 698.80 Td (year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 685.60 Td (one. ) Tj ET Q q 0 0 0 rg BT 73.38 685.60 Td (The ) Tj ET Q q 0 0 0 rg BT 94.98 685.60 Td (new ) Tj ET Q q 0 0 0 rg BT 117.81 685.60 Td (build ) Tj ET Q q 0 0 0 rg BT 143.70 685.60 Td (and ) Tj ET Q q 0 0 0 rg BT 164.69 685.60 Td (in-home-wiring ) Tj ET Q q 0 0 0 rg BT 239.47 685.60 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 282.49 685.60 Td (activities ) Tj ET Q q 0 0 0 rg BT 327.31 685.60 Td (will ) Tj ET Q q 0 0 0 rg BT 345.24 685.60 Td (be ) Tj ET Q q 0 0 0 rg BT 360.12 685.60 Td (performed ) Tj ET Q q 0 0 0 rg BT 412.90 685.60 Td (on ) Tj ET Q q 0 0 0 rg BT 427.78 685.60 Td (a ) Tj ET Q q 0 0 0 rg BT 436.54 685.60 Td (demand-led ) Tj ET Q q 0 0 0 rg BT 497.28 685.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 525.61 685.60 Td (and ) Tj ET Q q 0 0 0 rg BT 546.61 685.60 Td (are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 672.40 Td (aimed ) Tj ET Q q 0 0 0 rg BT 82.52 672.40 Td (at ) Tj ET Q q 0 0 0 rg BT 94.75 672.40 Td (supporting ) Tj ET Q q 0 0 0 rg BT 149.17 672.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 185.24 672.40 Td (over ) Tj ET Q q 0 0 0 rg BT 209.70 672.40 Td (the ) Tj ET Q q 0 0 0 rg BT 228.05 672.40 Td (next ) Tj ET Q q 0 0 0 rg BT 251.89 672.40 Td (five ) Tj ET Q q 0 0 0 rg BT 272.07 672.40 Td (years ) Tj ET Q q 0 0 0 rg BT 302.02 672.40 Td (with ) Tj ET Q q 0 0 0 rg BT 324.64 672.40 Td (our ) Tj ET Q q 0 0 0 rg BT 343.59 672.40 Td (ultrafast ) Tj ET Q q 0 0 0 rg BT 385.78 672.40 Td (broadband ) Tj ET Q q 0 0 0 rg BT 441.44 672.40 Td (activities.) 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 49.50 633.40 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 49.50 607.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 71.03 607.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 113.98 607.00 Td (for ) Tj ET Q q 0 0 0 rg BT 130.02 607.00 Td (three ) Tj ET Q q 0 0 0 rg BT 158.29 607.00 Td (months ) Tj ET Q q 0 0 0 rg BT 197.56 607.00 Td (and ) Tj ET Q q 0 0 0 rg BT 219.11 607.00 Td (year ) Tj ET Q q 0 0 0 rg BT 243.71 607.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 277.49 607.00 Td (December ) Tj ET Q q 0 0 0 rg BT 331.43 607.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 349.92 607.00 Td (2015, ) Tj ET Q q 0 0 0 rg BT 380.64 607.00 Td (increased ) Tj ET Q q 0 0 0 rg BT 431.54 607.00 Td (4% ) Tj ET Q q 0 0 0 rg BT 450.63 607.00 Td (to ) Tj ET Q q 0 0 0 rg BT 463.00 607.00 Td (554 ) Tj ET Q q 0 0 0 rg BT 490.67 607.00 Td (million ) Tj ET Q q 0 0 0 rg BT 525.04 607.00 Td (and ) Tj ET Q q 0 0 0 rg BT 546.60 607.00 Td (6% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 593.80 Td (to ) Tj ET Q q 0 0 0 rg BT 62.10 593.80 Td (2,172 ) Tj ET Q q 0 0 0 rg BT 99.16 593.80 Td (million, ) Tj ET Q q 0 0 0 rg BT 136.81 593.80 Td (respectively) Tj ET Q q 0 0 0 rg BT 194.08 593.80 Td (, ) Tj ET Q q 0 0 0 rg BT 200.55 593.80 Td (as ) Tj ET Q q 0 0 0 rg BT 215.59 593.80 Td (compared ) Tj ET Q q 0 0 0 rg BT 267.93 593.80 Td (to ) Tj ET Q q 0 0 0 rg BT 280.52 593.80 Td (the ) Tj ET Q q 0 0 0 rg BT 299.24 593.80 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 372.37 593.80 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 422.86 593.80 Td (periods. ) Tj ET Q q 0 0 0 rg BT 465.42 593.80 Td (In ) Tj ET Q q 0 0 0 rg BT 478.01 593.80 Td (both ) Tj ET Q q 0 0 0 rg BT 502.84 593.80 Td (periods, ) Tj ET Q q 0 0 0 rg BT 545.40 593.80 Td (this ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 580.60 Td (organic ) Tj ET Q q 0 0 0 rg BT 89.64 580.60 Td (growth ) Tj ET Q q 0 0 0 rg BT 126.72 580.60 Td (was ) Tj ET Q q 0 0 0 rg BT 150.34 580.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 195.96 580.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 254.45 580.60 Td (to ) Tj ET Q q 0 0 0 rg BT 267.68 580.60 Td (higher ) Tj ET Q q 0 0 0 rg BT 302.32 580.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 332.68 580.60 Td (subscription ) Tj ET Q q 0 0 0 rg BT 395.44 580.60 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 442.31 580.60 Td (driven ) Tj ET Q q 0 0 0 rg BT 476.33 580.60 Td (by ) Tj ET Q q 0 0 0 rg BT 492.01 580.60 Td (an ) Tj ET Q q 0 0 0 rg BT 508.31 580.60 Td (increase ) Tj ET Q q 0 0 0 rg BT 553.95 580.60 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 567.40 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 83.59 567.40 Td (per ) Tj ET Q q 0 0 0 rg BT 103.02 567.40 Td (RGU ) Tj ET Q q 0 0 0 rg BT 130.99 567.40 Td (as ) Tj ET Q q 0 0 0 rg BT 146.13 567.40 Td (well ) Tj ET Q q 0 0 0 rg BT 168.61 567.40 Td (as ) Tj ET Q q 0 0 0 rg BT 183.76 567.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 220.30 567.40 Td (in ) Tj ET Q q 0 0 0 rg BT 232.39 567.40 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 295.21 567.40 Td (For ) Tj ET Q q 0 0 0 rg BT 315.24 567.40 Td (full-year ) Tj ET Q q 0 0 0 rg BT 357.89 567.40 Td (2015, ) Tj ET Q q 0 0 0 rg BT 388.95 567.40 Td (the ) Tj ET Q q 0 0 0 rg BT 407.77 567.40 Td (increase ) Tj ET Q q 0 0 0 rg BT 452.87 567.40 Td (includes ) Tj ET Q q 0 0 0 rg BT 496.76 567.40 Td (the ) Tj ET Q q 0 0 0 rg BT 515.58 567.40 Td (9 ) Tj ET Q q 0 0 0 rg BT 531.34 567.40 Td (million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 554.20 Td (negative ) Tj ET Q q 0 0 0 rg BT 94.06 554.20 Td (impact ) Tj ET Q q 0 0 0 rg BT 129.44 554.20 Td (of ) Tj ET Q q 0 0 0 rg BT 141.58 554.20 Td (a ) Tj ET Q q 0 0 0 rg BT 150.67 554.20 Td (favorable ) Tj ET Q q 0 0 0 rg BT 198.90 554.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 241.63 554.20 Td (settlement ) Tj ET Q q 0 0 0 rg BT 295.35 554.20 Td (during ) Tj ET Q q 0 0 0 rg BT 328.90 554.20 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 346.55 554.20 Td (2014, ) Tj ET Q q 0 0 0 rg BT 377.05 554.20 Td (of ) Tj ET Q q 0 0 0 rg BT 389.19 554.20 Td (which ) Tj ET Q q 0 0 0 rg BT 420.29 554.20 Td (8 ) Tj ET Q q 0 0 0 rg BT 435.50 554.20 Td (million ) Tj ET Q q 0 0 0 rg BT 469.65 554.20 Td (positively ) Tj ET Q q 0 0 0 rg BT 517.86 554.20 Td (impacted ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 541.00 Td (our ) Tj ET Q q 0 0 0 rg BT 67.85 541.00 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 113.71 541.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 160.79 541.00 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 199.92 541.00 Td ( ) Tj ET Q q 0 0 0 rg BT 202.97 541.00 Td (in ) Tj ET Q q 0 0 0 rg BT 214.59 541.00 Td (the ) Tj ET Q q 0 0 0 rg BT 232.94 541.00 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 283.06 541.00 Td (period.) 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 316.70 541.00 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 49.50 514.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 70.43 514.60 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 116.48 514.60 Td (Segment ) Tj ET Q q 0 0 0 rg BT 163.74 514.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 202.86 514.60 Td ( ) Tj ET Q q 0 0 0 rg BT 206.10 514.60 Td (grew ) Tj ET Q q 0 0 0 rg BT 233.18 514.60 Td (1) Tj ET Q q 0 0 0 rg BT 238.48 514.60 Td (1% ) Tj ET Q q 0 0 0 rg BT 257.61 514.60 Td (and ) Tj ET Q q 0 0 0 rg BT 279.20 514.60 Td (8% ) Tj ET Q q 0 0 0 rg BT 298.34 514.60 Td (in ) Tj ET Q q 0 0 0 rg BT 310.14 514.60 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 328.05 514.60 Td (and ) Tj ET Q q 0 0 0 rg BT 349.64 514.60 Td (full-year ) Tj ET Q q 0 0 0 rg BT 392.00 514.60 Td (2015, ) Tj ET Q q 0 0 0 rg BT 422.76 514.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 480.02 514.60 Td (, ) Tj ET Q q 0 0 0 rg BT 486.32 514.60 Td (as ) Tj ET Q q 0 0 0 rg BT 501.17 514.60 Td (compared ) Tj ET Q q 0 0 0 rg BT 553.32 514.60 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 501.40 Td (the ) Tj ET Q q 0 0 0 rg BT 66.98 501.40 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 116.23 501.40 Td (periods. ) Tj ET Q q 0 0 0 rg BT 157.55 501.40 Td (In ) Tj ET Q q 0 0 0 rg BT 168.90 501.40 Td (both ) Tj ET Q q 0 0 0 rg BT 192.50 501.40 Td (periods, ) Tj ET Q q 0 0 0 rg BT 233.82 501.40 Td (the ) Tj ET Q q 0 0 0 rg BT 251.29 501.40 Td (performance ) Tj ET Q q 0 0 0 rg BT 315.23 501.40 Td (was ) Tj ET Q q 0 0 0 rg BT 336.97 501.40 Td (primarily ) Tj ET Q q 0 0 0 rg BT 380.72 501.40 Td (driven ) Tj ET Q q 0 0 0 rg BT 412.86 501.40 Td (by ) Tj ET Q q 0 0 0 rg BT 426.66 501.40 Td (the ) Tj ET Q q 0 0 0 rg BT 444.14 501.40 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 522.76 501.40 Td (revenue ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 488.20 Td (growth ) Tj ET Q q 0 0 0 rg BT 85.61 488.20 Td (drivers ) Tj ET Q q 0 0 0 rg BT 121.71 488.20 Td (and, ) Tj ET Q q 0 0 0 rg BT 146.22 488.20 Td (to ) Tj ET Q q 0 0 0 rg BT 158.49 488.20 Td (a ) Tj ET Q q 0 0 0 rg BT 167.71 488.20 Td (lesser ) Tj ET Q q 0 0 0 rg BT 200.14 488.20 Td (extent, ) Tj ET Q q 0 0 0 rg BT 236.26 488.20 Td (decreases ) Tj ET Q q 0 0 0 rg BT 290.11 488.20 Td (in ) Tj ET Q q 0 0 0 rg BT 301.77 488.20 Td (sales ) Tj ET Q q 0 0 0 rg BT 330.54 488.20 Td (and ) Tj ET Q q 0 0 0 rg BT 351.99 488.20 Td (marketing ) Tj ET Q q 0 0 0 rg BT 403.39 488.20 Td (costs. ) Tj ET Q q 0 0 0 rg BT 435.21 488.20 Td (In ) Tj ET Q q 0 0 0 rg BT 447.49 488.20 Td (2015, ) Tj ET Q q 0 0 0 rg BT 477.49 488.20 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 523.40 488.20 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 562.52 488.20 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 475.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 87.48 475.00 Td (reflects ) Tj ET Q q 0 0 0 rg BT 127.89 475.00 Td (increases ) Tj ET Q q 0 0 0 rg BT 179.93 475.00 Td (in ) Tj ET Q q 0 0 0 rg BT 193.45 475.00 Td (staf) Tj ET Q q 0 0 0 rg BT 210.98 475.00 Td (f-related, ) Tj ET Q q 0 0 0 rg BT 259.35 475.00 Td (programming ) Tj ET Q q 0 0 0 rg BT 329.11 475.00 Td (and ) Tj ET Q q 0 0 0 rg BT 352.43 475.00 Td (copyright ) Tj ET Q q 0 0 0 rg BT 402.02 475.00 Td (and ) Tj ET Q q 0 0 0 rg BT 425.33 475.00 Td (network ) Tj ET Q q 0 0 0 rg BT 468.81 475.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 519.64 475.00 Td (costs. ) Tj ET Q q 0 0 0 rg BT 553.33 475.00 Td (In ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 461.80 Td (addition, ) Tj ET Q q 0 0 0 rg BT 93.13 461.80 Td (our ) Tj ET Q q 0 0 0 rg BT 111.08 461.80 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 127.79 461.80 Td (and ) Tj ET Q q 0 0 0 rg BT 148.06 461.80 Td (YTD ) Tj ET Q q 0 0 0 rg BT 172.10 461.80 Td (2015 ) Tj ET Q q 0 0 0 rg BT 198.62 461.80 Td (results ) Tj ET Q q 0 0 0 rg BT 233.06 461.80 Td (include ) Tj ET Q q 0 0 0 rg BT 269.96 461.80 Td (the ) Tj ET Q q 0 0 0 rg BT 287.30 461.80 Td (favorable ) Tj ET Q q 0 0 0 rg BT 334.60 461.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 369.04 461.80 Td (of ) Tj ET Q q 0 0 0 rg BT 380.26 461.80 Td (an ) Tj ET Q q 0 0 0 rg BT 394.54 461.80 Td (accrual ) Tj ET Q q 0 0 0 rg BT 432.04 461.80 Td (release ) Tj ET Q q 0 0 0 rg BT 470.16 461.80 Td (of ) Tj ET Q q 0 0 0 rg BT 481.38 461.80 Td (3 ) Tj ET Q q 0 0 0 rg BT 495.66 461.80 Td (million ) Tj ET Q q 0 0 0 rg BT 528.88 461.80 Td (related ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 448.60 Td (to ) Tj ET Q q 0 0 0 rg BT 60.68 448.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 95.71 448.60 Td (copyright ) Tj ET Q q 0 0 0 rg BT 142.35 448.60 Td (costs. ) Tj ET Q q 0 0 0 rg BT 173.09 448.60 Td (Including ) Tj ET Q q 0 0 0 rg BT 219.13 448.60 Td (this ) Tj ET Q q 0 0 0 rg BT 238.26 448.60 Td (non-recurring ) Tj ET Q q 0 0 0 rg BT 305.69 448.60 Td (ef) Tj ET Q q 0 0 0 rg BT 314.66 448.60 Td (fect, ) Tj ET Q q 0 0 0 rg BT 337.46 448.60 Td (the ) Tj ET Q q 0 0 0 rg BT 354.76 448.60 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 371.44 448.60 Td (2015 ) Tj ET Q q 0 0 0 rg BT 397.52 448.60 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 442.33 448.60 Td (Segment ) Tj ET Q q 0 0 0 rg BT 488.37 448.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 527.49 448.60 Td ( ) Tj ET Q q 0 0 0 rg BT 529.50 448.60 Td (growth ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 435.40 Td (was ) Tj ET Q q 0 0 0 rg BT 72.39 435.40 Td (the ) Tj ET Q q 0 0 0 rg BT 91.00 435.40 Td (strongest ) Tj ET Q q 0 0 0 rg BT 139.57 435.40 Td (in ) Tj ET Q q 0 0 0 rg BT 151.46 435.40 Td (six ) Tj ET Q q 0 0 0 rg BT 168.23 435.40 Td (quarters, ) Tj ET Q q 0 0 0 rg BT 214.96 435.40 Td (driven ) Tj ET Q q 0 0 0 rg BT 248.25 435.40 Td (by ) Tj ET Q q 0 0 0 rg BT 263.19 435.40 Td (a ) Tj ET Q q 0 0 0 rg BT 272.63 435.40 Td (360 ) Tj ET Q q 0 0 0 rg BT 294.31 435.40 Td (basis ) Tj ET Q q 0 0 0 rg BT 323.31 435.40 Td (point ) Tj ET Q q 0 0 0 rg BT 350.49 435.40 Td (margin ) Tj ET Q q 0 0 0 rg BT 387.44 435.40 Td (expansion ) Tj ET Q q 0 0 0 rg BT 440.91 435.40 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 515.76 435.40 Td (to ) Tj ET Q q 0 0 0 rg BT 528.26 435.40 Td (64.8%, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 422.20 Td (our ) Tj ET Q q 0 0 0 rg BT 68.45 422.20 Td (highest ) Tj ET Q q 0 0 0 rg BT 106.98 422.20 Td (margin ) Tj ET Q q 0 0 0 rg BT 143.66 422.20 Td (on ) Tj ET Q q 0 0 0 rg BT 158.95 422.20 Td (record.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 395.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 70.46 395.80 Td (property) Tj ET Q q 0 0 0 rg BT 109.99 395.80 Td (, ) Tj ET Q q 0 0 0 rg BT 115.67 395.80 Td (equipment ) Tj ET Q q 0 0 0 rg BT 169.66 395.80 Td (and ) Tj ET Q q 0 0 0 rg BT 190.63 395.80 Td (intangible ) Tj ET Q q 0 0 0 rg BT 240.35 395.80 Td (asset ) Tj ET Q q 0 0 0 rg BT 269.26 395.80 Td (additions ) Tj ET Q q 0 0 0 rg BT 315.91 395.80 Td (were ) Tj ET Q q 0 0 0 rg BT 342.38 395.80 Td (26% ) Tj ET Q q 0 0 0 rg BT 367.01 395.80 Td (of ) Tj ET Q q 0 0 0 rg BT 378.81 395.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 421.18 395.80 Td (for ) Tj ET Q q 0 0 0 rg BT 436.64 395.80 Td (the ) Tj ET Q q 0 0 0 rg BT 454.55 395.80 Td (year ) Tj ET Q q 0 0 0 rg BT 478.57 395.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 511.78 395.80 Td (December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 382.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 67.71 382.60 Td (2015, ) Tj ET Q q 0 0 0 rg BT 98.15 382.60 Td (in ) Tj ET Q q 0 0 0 rg BT 109.63 382.60 Td (line ) Tj ET Q q 0 0 0 rg BT 129.67 382.60 Td (with ) Tj ET Q q 0 0 0 rg BT 152.14 382.60 Td (our ) Tj ET Q q 0 0 0 rg BT 170.96 382.60 Td (guidance. ) Tj ET Q q 0 0 0 rg BT 221.00 382.60 Td (As ) Tj ET Q q 0 0 0 rg BT 236.75 382.60 Td (compared ) Tj ET Q q 0 0 0 rg BT 288.59 382.60 Td (to ) Tj ET Q q 0 0 0 rg BT 300.68 382.60 Td (2014, ) Tj ET Q q 0 0 0 rg BT 331.12 382.60 Td (the ) Tj ET Q q 0 0 0 rg BT 349.33 382.60 Td (higher ) Tj ET Q q 0 0 0 rg BT 382.82 382.60 Td (spend ) Tj ET Q q 0 0 0 rg BT 415.71 382.60 Td (during ) Tj ET Q q 0 0 0 rg BT 449.20 382.60 Td (the ) Tj ET Q q 0 0 0 rg BT 467.41 382.60 Td (full-year ) Tj ET Q q 0 0 0 rg BT 509.45 382.60 Td (period ) Tj ET Q q 0 0 0 rg BT 542.94 382.60 Td (was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 369.40 Td (primarily ) Tj ET Q q 0 0 0 rg BT 94.99 369.40 Td (attributable ) Tj ET Q q 0 0 0 rg BT 153.34 369.40 Td (to ) Tj ET Q q 0 0 0 rg BT 166.45 369.40 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 180.15 369.40 Td (an ) Tj ET Q q 0 0 0 rg BT 196.31 369.40 Td (increase ) Tj ET Q q 0 0 0 rg BT 241.82 369.40 Td (in ) Tj ET Q q 0 0 0 rg BT 254.31 369.40 Td (upgrade/rebuild ) Tj ET Q q 0 0 0 rg BT 334.69 369.40 Td (spend, ) Tj ET Q q 0 0 0 rg BT 371.65 369.40 Td (driven ) Tj ET Q q 0 0 0 rg BT 405.54 369.40 Td (by ) Tj ET Q q 0 0 0 rg BT 421.09 369.40 Td (investments ) Tj ET Q q 0 0 0 rg BT 483.71 369.40 Td (for ) Tj ET Q q 0 0 0 rg BT 500.48 369.40 Td (in-home ) Tj ET Q q 0 0 0 rg BT 544.15 369.40 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 356.20 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 93.46 356.20 Td (installations, ) Tj ET Q q 0 0 0 rg BT 157.57 356.20 Td (as ) Tj ET Q q 0 0 0 rg BT 172.78 356.20 Td (well ) Tj ET Q q 0 0 0 rg BT 195.31 356.20 Td (as ) Tj ET Q q 0 0 0 rg BT 210.52 356.20 Td (B2B, ) Tj ET Q q 0 0 0 rg BT 237.95 356.20 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 253.75 356.20 Td (an ) Tj ET Q q 0 0 0 rg BT 269.57 356.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 314.73 356.20 Td (in ) Tj ET Q q 0 0 0 rg BT 326.88 356.20 Td (scalable ) Tj ET Q q 0 0 0 rg BT 370.83 356.20 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 438.60 356.20 Td (spend, ) Tj ET Q q 0 0 0 rg BT 475.21 356.20 Td (including ) Tj ET Q q 0 0 0 rg BT 522.22 356.20 Td (a ) Tj ET Q q 0 0 0 rg BT 531.92 356.20 Td (higher ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 343.00 Td (number ) Tj ET Q q 0 0 0 rg BT 90.73 343.00 Td (of ) Tj ET Q q 0 0 0 rg BT 103.83 343.00 Td (node ) Tj ET Q q 0 0 0 rg BT 132.23 343.00 Td (splits ) Tj ET Q q 0 0 0 rg BT 161.23 343.00 Td (and ) Tj ET Q q 0 0 0 rg BT 183.51 343.00 Td (additional ) Tj ET Q q 0 0 0 rg BT 234.53 343.00 Td (backbone ) Tj ET Q q 0 0 0 rg BT 286.17 343.00 Td (investments, ) Tj ET Q q 0 0 0 rg BT 351.85 343.00 Td (and ) Tj ET Q q 0 0 0 rg BT 374.13 343.00 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 392.72 343.00 Td (higher ) Tj ET Q q 0 0 0 rg BT 427.23 343.00 Td (sales ) Tj ET Q q 0 0 0 rg BT 456.84 343.00 Td (commissions ) Tj ET Q q 0 0 0 rg BT 524.33 343.00 Td (that ) Tj ET Q q 0 0 0 rg BT 546.61 343.00 Td (are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 329.80 Td (capitalized. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 303.40 Td (For ) Tj ET Q q 0 0 0 rg BT 69.43 303.40 Td (2016, ) Tj ET Q q 0 0 0 rg BT 100.39 303.40 Td (we ) Tj ET Q q 0 0 0 rg BT 117.88 303.40 Td (expect ) Tj ET Q q 0 0 0 rg BT 153.73 303.40 Td (property) Tj ET Q q 0 0 0 rg BT 193.26 303.40 Td (, ) Tj ET Q q 0 0 0 rg BT 199.75 303.40 Td (equipment ) Tj ET Q q 0 0 0 rg BT 254.55 303.40 Td (and ) Tj ET Q q 0 0 0 rg BT 276.34 303.40 Td (intangible ) Tj ET Q q 0 0 0 rg BT 326.86 303.40 Td (asset ) Tj ET Q q 0 0 0 rg BT 356.59 303.40 Td (additions ) Tj ET Q q 0 0 0 rg BT 404.05 303.40 Td (to ) Tj ET Q q 0 0 0 rg BT 416.66 303.40 Td (range ) Tj ET Q q 0 0 0 rg BT 448.22 303.40 Td (between ) Tj ET Q q 0 0 0 rg BT 493.24 303.40 Td (26% ) Tj ET Q q 0 0 0 rg BT 518.69 303.40 Td (and ) Tj ET Q q 0 0 0 rg BT 540.48 303.40 Td (28% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 290.20 Td (of ) Tj ET Q q 0 0 0 rg BT 61.74 290.20 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 107.41 290.20 Td (The ) Tj ET Q q 0 0 0 rg BT 129.43 290.20 Td (delta ) Tj ET Q q 0 0 0 rg BT 156.35 290.20 Td (to ) Tj ET Q q 0 0 0 rg BT 168.59 290.20 Td (the ) Tj ET Q q 0 0 0 rg BT 186.94 290.20 Td (2015 ) Tj ET Q q 0 0 0 rg BT 214.48 290.20 Td (ratio ) Tj ET Q q 0 0 0 rg BT 238.94 290.20 Td (of ) Tj ET Q q 0 0 0 rg BT 251.18 290.20 Td (26% ) Tj ET Q q 0 0 0 rg BT 276.26 290.20 Td (is ) Tj ET Q q 0 0 0 rg BT 287.27 290.20 Td (primarily ) Tj ET Q q 0 0 0 rg BT 331.89 290.20 Td (related ) Tj ET Q q 0 0 0 rg BT 368.59 290.20 Td (to ) Tj ET Q q 0 0 0 rg BT 380.83 290.20 Td (our ) Tj ET Q q 0 0 0 rg BT 399.79 290.20 Td (increased ) Tj ET Q q 0 0 0 rg BT 450.55 290.20 Td (spending ) Tj ET Q q 0 0 0 rg BT 498.27 290.20 Td (related ) Tj ET Q q 0 0 0 rg BT 534.97 290.20 Td (to ) Tj ET Q q 0 0 0 rg BT 547.21 290.20 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 277.00 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 129.00 277.00 Td (planned ) Tj ET Q q 0 0 0 rg BT 171.20 277.00 Td (expansion ) Tj ET Q q 0 0 0 rg BT 224.41 277.00 Td (of ) Tj ET Q q 0 0 0 rg BT 236.64 277.00 Td (our ) Tj ET Q q 0 0 0 rg BT 255.59 277.00 Td (marketable ) Tj ET Q q 0 0 0 rg BT 313.06 277.00 Td (homes. ) Tj ET Q /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I39 Do Q endstream endobj 31 0 obj <> endobj 32 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 (15) 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 (Summary of ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 128.60 709.85 Td (Third-Party Debt, V) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 247.64 709.85 Td (endor Financing, ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 355.05 709.85 Td (Accrued Interest, Finance Lease ) Tj ET Q BT /F2 14.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 693.05 Td (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 49.50 672.65 Td (The ) Tj ET Q q 0 0 0 rg BT 72.67 672.65 Td (following ) Tj ET Q q 0 0 0 rg BT 119.69 672.65 Td (table ) Tj ET Q q 0 0 0 rg BT 147.77 672.65 Td (details ) Tj ET Q q 0 0 0 rg BT 183.78 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 203.29 672.65 Td (nominal ) Tj ET Q q 0 0 0 rg BT 246.03 672.65 Td (value ) Tj ET Q q 0 0 0 rg BT 276.55 672.65 Td (and ) Tj ET Q q 0 0 0 rg BT 299.12 672.65 Td (euro ) Tj ET Q q 0 0 0 rg BT 325.35 672.65 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 379.72 672.65 Td (of ) Tj ET Q q 0 0 0 rg BT 393.12 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 412.63 672.65 Td (carrying ) Tj ET Q q 0 0 0 rg BT 455.97 672.65 Td (value ) Tj ET Q q 0 0 0 rg BT 486.48 672.65 Td (of ) Tj ET Q q 0 0 0 rg BT 499.88 672.65 Td (Unitymedia's ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 659.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 114.93 659.45 Td (third-party ) Tj ET Q q 0 0 0 rg BT 168.11 659.45 Td (debt, ) Tj ET Q q 0 0 0 rg BT 196.24 659.45 Td (vendor ) Tj ET Q q 0 0 0 rg BT 233.54 659.45 Td (financing, ) Tj ET Q q 0 0 0 rg BT 284.29 659.45 Td (accrued ) Tj ET Q q 0 0 0 rg BT 327.09 659.45 Td (interest, ) Tj ET Q q 0 0 0 rg BT 369.88 659.45 Td (finance ) Tj ET Q q 0 0 0 rg BT 409.01 659.45 Td (lease ) Tj ET Q q 0 0 0 rg BT 438.97 659.45 Td (obligations ) Tj ET Q q 0 0 0 rg BT 495.23 659.45 Td (and ) Tj ET Q q 0 0 0 rg BT 517.25 659.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 544.15 659.45 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 646.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 75.79 646.25 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 134.50 646.25 Td (as ) Tj ET Q q 0 0 0 rg BT 149.17 646.25 Td (of ) Tj ET Q q 0 0 0 rg BT 161.40 646.25 Td (the ) Tj ET Q q 0 0 0 rg BT 179.75 646.25 Td (dates ) Tj ET Q q 0 0 0 rg BT 209.71 646.25 Td (indicated: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 611.75 m 413 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 611.75 m 417 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 611.75 m 482 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 611.75 m 562 611.75 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 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 486 529.75 m 562 529.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 529.75 m 482 529.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 515.75 m 482 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 529.75 m 562 529.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 515.75 m 562 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 358.75 m 482 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 358.75 m 562 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 358.75 m 482 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 344.75 m 482 344.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 358.75 m 562 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 344.75 m 562 344.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 344.75 m 482 344.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 344.75 m 562 344.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 299.75 m 562 299.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 299.75 m 482 299.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 285.75 m 482 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 299.75 m 562 299.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 285.75 m 562 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 239.75 m 562 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 239.75 m 482 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 226.75 m 482 226.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 239.75 m 562 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 226.75 m 562 226.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 226.75 m 562 226.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 180.75 m 482 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 180.75 m 482 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 167.75 m 482 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 165.75 m 482 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 180.75 m 562 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 167.75 m 562 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 165.75 m 562 165.75 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 383.20 626.70 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 490.70 626.70 Td (September 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 402.45 614.70 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.45 614.70 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.20 602.70 Td (Nominal) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.45 593.75 Td (value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 428.45 602.70 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.45 593.75 Td (value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 502.95 602.70 Td (Carrying ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 509.95 593.75 Td (value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.70 582.75 Td (in millions) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 571.97 Td (Senior Credit Facilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 558.37 Td (Super Senior Revolving Credit Facility \(EURIBOR+2.25%\) due) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 548.37 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 84.85 547.97 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 548.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.65 548.37 Td (80.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.50 548.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.15 548.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 548.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 548.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 533.97 Td (Senior Revolving Credit Facility \(EURIBOR+2.75%\) due 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.60 533.97 Td (.....) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 533.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 533.97 Td (420.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.15 533.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 533.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 519.97 Td (Total Senior Credit Facilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 192.75 519.97 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.15 519.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 519.97 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 501.97 Td (Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 488.97 Td (5.500% EUR Senior Secured Notes due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 488.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 488.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 488.97 Td (585.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 488.97 Td (585.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 488.97 Td (585.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 474.97 Td (5.125% EUR Senior Secured Notes due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 474.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 474.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 474.97 Td (450.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 474.97 Td (450.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 474.97 Td (450.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 460.97 Td (5.500% USD Senior Secured Notes due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 460.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 460.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.75 460.97 Td (1,000.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 460.97 Td (920.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 460.97 Td (894.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 446.97 Td (5.625% EUR Senior Secured Notes due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 446.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 446.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 446.97 Td (280.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 446.97 Td (280.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 446.97 Td (315.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 432.97 Td (5.750% EUR Senior Secured Notes due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 432.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 432.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 432.97 Td (405.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 432.97 Td (405.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 432.97 Td (450.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 418.97 Td (4.000% EUR Senior Secured Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 418.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 418.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.75 418.97 Td (1,000.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 418.97 Td (1,000.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 418.97 Td (1,000.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 404.97 Td (5.000% USD Senior Secured Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 404.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 404.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 404.97 Td (550.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 404.97 Td (506.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 404.97 Td (491.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 390.97 Td (4.625% EUR Senior Secured Notes due 2026) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 390.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 390.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 390.97 Td (420.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 390.97 Td (420.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 390.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 376.97 Td (3.500% EUR Senior Secured Notes due 2027) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 376.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 376.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 376.97 Td (500.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 376.97 Td (500.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 376.97 Td (500.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 362.97 Td (6.250% EUR Senior Secured Notes due 2029) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.15 362.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 362.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 362.97 Td (475.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 362.97 Td (475.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 362.97 Td (475.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 348.97 Td (Total Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 190.00 348.97 Td (...............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 348.97 Td (5,541.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 348.97 Td (5,161.1) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 330.97 Td (Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 317.97 Td (6.125% USD Senior Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.45 317.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 317.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 317.97 Td (900.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 317.97 Td (828.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 317.97 Td (804.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 303.97 Td (3.750% EUR Senior Notes due 2027) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.45 303.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 303.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.10 303.97 Td (700.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 303.97 Td (700.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 303.97 Td (700.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 289.97 Td (Total Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 151.10 289.97 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 289.97 Td (1,528.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 289.97 Td (1,504.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 271.97 Td (Finance lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 167.75 271.97 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.20 271.97 Td (5.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.20 271.97 Td (5.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 257.97 Td (Vendor financing) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 128.85 257.97 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 257.97 Td (130.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 257.97 Td (135.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 243.97 Td (Accrued third-party interest, net of transaction costs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.65 243.97 Td (..............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 243.97 Td (105.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 243.97 Td (42.6) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 229.97 Td (Total third-party debt and finance lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.45 229.97 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 229.97 Td (7,311.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 229.97 Td (6,849.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 212.97 Td (Less:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 198.97 Td (Cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 181.65 198.97 Td (..................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.20 198.97 Td (2.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.20 198.97 Td (2.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.50 184.97 Td (Restricted cash used to repay debt in January 2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.25 184.97 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 184.97 Td (108.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 184.97 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 170.97 Td (Net third-party debt and finance lease obligations) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 300.03 175.74 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.45 170.97 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.50 170.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 170.97 Td (7,201.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 170.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 170.97 Td (6,847.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 152.97 Td (Exchange rate \($ to \)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.85 152.97 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.90 152.97 Td (1.0866) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.65 152.97 Td (1.1182) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 124.05 Td (At ) Tj ET Q q 0 0 0 rg BT 63.11 124.05 Td (December ) Tj ET Q q 0 0 0 rg BT 117.07 124.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 135.59 124.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 166.33 124.05 Td (our ) Tj ET Q q 0 0 0 rg BT 185.45 124.05 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 255.93 124.05 Td (third-party ) Tj ET Q q 0 0 0 rg BT 308.67 124.05 Td (debt ) Tj ET Q q 0 0 0 rg BT 333.29 124.05 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 384.82 124.05 Td (cost) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 404.99 129.30 Td (26) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 412.94 124.05 Td ( ) Tj ET Q q 0 0 0 rg BT 416.16 124.05 Td (was ) Tj ET Q q 0 0 0 rg BT 438.94 124.05 Td (4.8%, ) Tj ET Q q 0 0 0 rg BT 470.29 124.05 Td (down ) Tj ET Q q 0 0 0 rg BT 499.81 124.05 Td (from ) Tj ET Q q 0 0 0 rg BT 525.03 124.05 Td (5.4% ) Tj ET Q q 0 0 0 rg BT 553.32 124.05 Td (at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 110.85 Td (December ) Tj ET Q q 0 0 0 rg BT 103.68 110.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 122.41 110.85 Td (2014. ) Tj ET Q q 0 0 0 rg BT 153.16 110.85 Td (The ) Tj ET Q q 0 0 0 rg BT 175.55 110.85 Td (average ) Tj ET Q q 0 0 0 rg BT 218.75 110.85 Td (tenor ) Tj ET Q q 0 0 0 rg BT 247.26 110.85 Td (of ) Tj ET Q q 0 0 0 rg BT 259.87 110.85 Td (our ) Tj ET Q q 0 0 0 rg BT 279.21 110.85 Td (third-party ) Tj ET Q q 0 0 0 rg BT 332.17 110.85 Td (debt ) Tj ET Q q 0 0 0 rg BT 357.02 110.85 Td (is ) Tj ET Q q 0 0 0 rg BT 368.41 110.85 Td (9 ) Tj ET Q q 0 0 0 rg BT 377.96 110.85 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 407.92 110.85 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 411.36 110.85 Td (W) Tj ET Q q 0 0 0 rg BT 421.54 110.85 Td (e ) Tj ET Q q 0 0 0 rg BT 431.10 110.85 Td (issued ) Tj ET Q q 0 0 0 rg BT 466.34 110.85 Td (new ) Tj ET Q q 0 0 0 rg BT 489.96 110.85 Td (4.625% ) Tj ET Q q 0 0 0 rg BT 530.71 110.85 Td (Senior ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 97.65 Td (Secured ) Tj ET Q q 0 0 0 rg BT 94.54 97.65 Td (Notes ) Tj ET Q q 0 0 0 rg BT 127.35 97.65 Td (with ) Tj ET Q q 0 0 0 rg BT 150.99 97.65 Td (a ) Tj ET Q q 0 0 0 rg BT 161.18 97.65 Td (nominal ) Tj ET Q q 0 0 0 rg BT 203.78 97.65 Td (value ) Tj ET Q q 0 0 0 rg BT 234.15 97.65 Td (of ) Tj ET Q q 0 0 0 rg BT 247.39 97.65 Td (420 ) Tj ET Q q 0 0 0 rg BT 275.94 97.65 Td (million ) Tj ET Q q 0 0 0 rg BT 311.19 97.65 Td (in ) Tj ET Q q 0 0 0 rg BT 323.82 97.65 Td (December ) Tj ET Q q 0 0 0 rg BT 378.64 97.65 Td (of ) Tj ET Q q 0 0 0 rg BT 391.88 97.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 420.43 97.65 Td (and ) Tj ET Q q 0 0 0 rg BT 442.85 97.65 Td (used ) Tj ET Q q 0 0 0 rg BT 470.78 97.65 Td (the ) Tj ET Q q 0 0 0 rg BT 490.15 97.65 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 539.47 97.65 Td (to ) Tj ET Q q 0 0 0 rg BT 552.72 97.65 Td (\(i\) ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 84.45 Td (redeem ) Tj ET Q q 0 0 0 rg BT 90.27 84.45 Td (a ) Tj ET Q q 0 0 0 rg BT 99.86 84.45 Td (portion ) Tj ET Q q 0 0 0 rg BT 136.97 84.45 Td (of ) Tj ET Q q 0 0 0 rg BT 149.62 84.45 Td (certain ) Tj ET Q q 0 0 0 rg BT 186.11 84.45 Td (of ) Tj ET Q q 0 0 0 rg BT 198.76 84.45 Td (our ) Tj ET Q q 0 0 0 rg BT 218.13 84.45 Td (Senior ) Tj ET Q q 0 0 0 rg BT 253.40 84.45 Td (Secured ) Tj ET Q q 0 0 0 rg BT 297.85 84.45 Td (Notes ) Tj ET Q q 0 0 0 rg BT 330.05 84.45 Td (by ) Tj ET Q q 0 0 0 rg BT 345.15 84.45 Td (using ) Tj ET Q q 0 0 0 rg BT 374.92 84.45 Td (the ) Tj ET Q q 0 0 0 rg BT 393.68 84.45 Td (10% ) Tj ET Q q 0 0 0 rg BT 419.17 84.45 Td (call ) Tj ET Q q 0 0 0 rg BT 439.15 84.45 Td (option ) Tj ET Q q 0 0 0 rg BT 472.60 84.45 Td (and ) Tj ET Q q 0 0 0 rg BT 494.42 84.45 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 510.11 84.45 Td (prepay ) Tj ET Q q 0 0 0 rg BT 547.22 84.45 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 71.25 Td (then ) Tj ET Q q 0 0 0 rg BT 73.97 71.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 133.90 71.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 175.49 71.25 Td (under ) Tj ET Q q 0 0 0 rg BT 206.68 71.25 Td (our ) Tj ET Q q 0 0 0 rg BT 225.63 71.25 Td (Senior ) Tj ET Q q 0 0 0 rg BT 260.49 71.25 Td (Credit ) Tj ET Q q 0 0 0 rg BT 292.89 71.25 Td (Facilities.) Tj ET Q /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I40 Do 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 24.95 Td (16) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 712.00 Td (Based ) Tj ET Q q 0 0 0 rg BT 84.71 712.00 Td (on ) Tj ET Q q 0 0 0 rg BT 100.97 712.00 Td (the ) Tj ET Q q 0 0 0 rg BT 120.29 712.00 Td (results ) Tj ET Q q 0 0 0 rg BT 156.71 712.00 Td (for ) Tj ET Q q 0 0 0 rg BT 173.57 712.00 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 192.27 712.00 Td (2015, ) Tj ET Q q 0 0 0 rg BT 223.82 712.00 Td (which ) Tj ET Q q 0 0 0 rg BT 255.97 712.00 Td (have ) Tj ET Q q 0 0 0 rg BT 283.85 712.00 Td (been ) Tj ET Q q 0 0 0 rg BT 312.34 712.00 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 357.96 712.00 Td (to ) Tj ET Q q 0 0 0 rg BT 371.15 712.00 Td (reflect ) Tj ET Q q 0 0 0 rg BT 405.13 712.00 Td (the ) Tj ET Q q 0 0 0 rg BT 424.45 712.00 Td (January ) Tj ET Q q 0 0 0 rg BT 467.61 712.00 Td (2016 ) Tj ET Q q 0 0 0 rg BT 496.10 712.00 Td (completion ) Tj ET Q q 0 0 0 rg BT 553.32 712.00 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.80 Td (certain ) Tj ET Q q 0 0 0 rg BT 87.67 698.80 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 107.49 698.80 Td (refinancing ) Tj ET Q q 0 0 0 rg BT 166.46 698.80 Td (activities, ) Tj ET Q q 0 0 0 rg BT 216.85 698.80 Td (and ) Tj ET Q q 0 0 0 rg BT 240.35 698.80 Td (subject ) Tj ET Q q 0 0 0 rg BT 280.36 698.80 Td (to ) Tj ET Q q 0 0 0 rg BT 294.68 698.80 Td (the ) Tj ET Q q 0 0 0 rg BT 315.12 698.80 Td (completion ) Tj ET Q q 0 0 0 rg BT 373.47 698.80 Td (of ) Tj ET Q q 0 0 0 rg BT 387.80 698.80 Td (our ) Tj ET Q q 0 0 0 rg BT 408.85 698.80 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 428.67 698.80 Td (2015 ) Tj ET Q q 0 0 0 rg BT 458.30 698.80 Td (compliance ) Tj ET Q q 0 0 0 rg BT 519.09 698.80 Td (reporting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 685.60 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 119.02 685.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 131.07 685.60 Td (the ) Tj ET Q q 0 0 0 rg BT 148.63 685.60 Td (ratio ) Tj ET Q q 0 0 0 rg BT 172.30 685.60 Td (of ) Tj ET Q q 0 0 0 rg BT 183.75 685.60 Td (Senior ) Tj ET Q q 0 0 0 rg BT 217.82 685.60 Td (Secured ) Tj ET Q q 0 0 0 rg BT 261.06 685.60 Td (Debt ) Tj ET Q q 0 0 0 rg BT 286.57 685.60 Td (to ) Tj ET Q q 0 0 0 rg BT 297.57 685.60 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 354.27 685.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 393.39 685.60 Td ( ) Tj ET Q q 0 0 0 rg BT 395.67 685.60 Td (\(last ) Tj ET Q q 0 0 0 rg BT 418.72 685.60 Td (two ) Tj ET Q q 0 0 0 rg BT 438.11 685.60 Td (quarters ) Tj ET Q q 0 0 0 rg BT 480.74 685.60 Td (annualized\), ) Tj ET Q q 0 0 0 rg BT 542.94 685.60 Td (was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 672.40 Td (3.78x ) Tj ET Q q 0 0 0 rg BT 79.51 672.40 Td (and ) Tj ET Q q 0 0 0 rg BT 100.97 672.40 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 116.29 672.40 Td (the ) Tj ET Q q 0 0 0 rg BT 134.69 672.40 Td (ratio ) Tj ET Q q 0 0 0 rg BT 159.19 672.40 Td (of ) Tj ET Q q 0 0 0 rg BT 171.27 672.40 Td (T) Tj ET Q q 0 0 0 rg BT 176.77 672.40 Td (otal ) Tj ET Q q 0 0 0 rg BT 197.61 672.40 Td (Debt ) Tj ET Q q 0 0 0 rg BT 223.95 672.40 Td (to ) Tj ET Q q 0 0 0 rg BT 235.61 672.40 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 293.15 672.40 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 332.27 672.40 Td ( ) Tj ET Q q 0 0 0 rg BT 335.38 672.40 Td (\(last ) Tj ET Q q 0 0 0 rg BT 359.27 672.40 Td (two ) Tj ET Q q 0 0 0 rg BT 379.49 672.40 Td (quarters ) Tj ET Q q 0 0 0 rg BT 422.95 672.40 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 482.93 672.40 Td (was ) Tj ET Q q 0 0 0 rg BT 505.59 672.40 Td (4.83x, ) Tj ET Q q 0 0 0 rg BT 538.67 672.40 Td (each ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 659.20 Td (as ) Tj ET Q q 0 0 0 rg BT 63.09 659.20 Td (calculated ) Tj ET Q q 0 0 0 rg BT 114.60 659.20 Td (in ) Tj ET Q q 0 0 0 rg BT 125.14 659.20 Td (accordance ) Tj ET Q q 0 0 0 rg BT 183.98 659.20 Td (with ) Tj ET Q q 0 0 0 rg BT 205.52 659.20 Td (our ) Tj ET Q q 0 0 0 rg BT 223.39 659.20 Td (most ) Tj ET Q q 0 0 0 rg BT 249.21 659.20 Td (restrictive ) Tj ET Q q 0 0 0 rg BT 298.24 659.20 Td (covenants.) 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 351.44 659.20 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 353.03 659.20 Td (As ) Tj ET Q q 0 0 0 rg BT 367.84 659.20 Td (of ) Tj ET Q q 0 0 0 rg BT 378.99 659.20 Td (December ) Tj ET Q q 0 0 0 rg BT 431.71 659.20 Td (31, ) Tj ET Q q 0 0 0 rg BT 448.97 659.20 Td (2015, ) Tj ET Q q 0 0 0 rg BT 478.48 659.20 Td (we ) Tj ET Q q 0 0 0 rg BT 494.51 659.20 Td (had ) Tj ET Q q 0 0 0 rg BT 514.84 659.20 Td (maximum ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 646.00 Td (undrawn ) Tj ET Q q 0 0 0 rg BT 95.01 646.00 Td (commitments ) Tj ET Q q 0 0 0 rg BT 163.72 646.00 Td (of ) Tj ET Q q 0 0 0 rg BT 176.21 646.00 Td (500 ) Tj ET Q q 0 0 0 rg BT 203.99 646.00 Td (million. ) Tj ET Q q 0 0 0 rg BT 241.53 646.00 Td (When ) Tj ET Q q 0 0 0 rg BT 273.58 646.00 Td (the ) Tj ET Q q 0 0 0 rg BT 292.19 646.00 Td (December ) Tj ET Q q 0 0 0 rg BT 346.24 646.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 364.84 646.00 Td (2015 ) Tj ET Q q 0 0 0 rg BT 392.63 646.00 Td (compliance ) Tj ET Q q 0 0 0 rg BT 451.58 646.00 Td (reporting ) Tj ET Q q 0 0 0 rg BT 498.31 646.00 Td (requirements ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 632.80 Td (are ) Tj ET Q q 0 0 0 rg BT 68.13 632.80 Td (completed, ) Tj ET Q q 0 0 0 rg BT 124.67 632.80 Td (we ) Tj ET Q q 0 0 0 rg BT 141.46 632.80 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 191.29 632.80 Td (the ) Tj ET Q q 0 0 0 rg BT 209.31 632.80 Td (full ) Tj ET Q q 0 0 0 rg BT 226.10 632.80 Td (amount ) Tj ET Q q 0 0 0 rg BT 265.53 632.80 Td (of ) Tj ET Q q 0 0 0 rg BT 277.43 632.80 Td (our ) Tj ET Q q 0 0 0 rg BT 296.06 632.80 Td (unused ) Tj ET Q q 0 0 0 rg BT 334.88 632.80 Td (commitments ) Tj ET Q q 0 0 0 rg BT 403.01 632.80 Td (will ) Tj ET Q q 0 0 0 rg BT 421.02 632.80 Td (continue ) Tj ET Q q 0 0 0 rg BT 465.34 632.80 Td (to ) Tj ET Q q 0 0 0 rg BT 477.25 632.80 Td (be ) Tj ET Q q 0 0 0 rg BT 492.22 632.80 Td (available ) Tj ET Q q 0 0 0 rg BT 538.37 632.80 Td (to ) Tj ET Q q 0 0 0 rg BT 550.28 632.80 Td (be ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 619.60 Td (drawn.) Tj ET Q /GS0 gs q 48.00 0 0 40.00 514.00 739.50 cm /I41 Do Q endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (17) 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 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 33.95 Td (18) 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 Fiscal 2015 Results) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 674.25 Td (Completed Reorganization; Focus on Customer Experience in 2016) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 528.88 674.25 Td ( ) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 645.05 Td (2% Rebased Segment OCF Growth in Q4 2015 Supported by Synergies) 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 49.50 621.85 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 80.07 621.85 Td (Group ) Tj ET Q q 0 0 0 rg BT 113.69 621.85 Td (Holding ) Tj ET Q q 0 0 0 rg BT 154.05 621.85 Td (B.V) Tj ET Q q 0 0 0 rg BT 170.77 621.85 Td (. ) Tj ET Q q 0 0 0 rg BT 176.87 621.85 Td (\("Ziggo"\) ) Tj ET Q q 0 0 0 rg BT 222.58 621.85 Td (is ) Tj ET Q q 0 0 0 rg BT 233.57 621.85 Td (a ) Tj ET Q q 0 0 0 rg BT 242.74 621.85 Td (leading ) Tj ET Q q 0 0 0 rg BT 281.27 621.85 Td (provider ) Tj ET Q q 0 0 0 rg BT 324.06 621.85 Td (of ) Tj ET Q q 0 0 0 rg BT 336.29 621.85 Td (entertainment, ) Tj ET Q q 0 0 0 rg BT 409.66 621.85 Td (information ) Tj ET Q q 0 0 0 rg BT 467.13 621.85 Td (and ) Tj ET Q q 0 0 0 rg BT 488.53 621.85 Td (communication ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 608.65 Td (services ) Tj ET Q q 0 0 0 rg BT 95.07 608.65 Td (in ) Tj ET Q q 0 0 0 rg BT 108.87 608.65 Td (the ) Tj ET Q q 0 0 0 rg BT 129.39 608.65 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 193.93 608.65 Td (through ) Tj ET Q q 0 0 0 rg BT 236.47 608.65 Td (innovative ) Tj ET Q q 0 0 0 rg BT 291.24 608.65 Td (television, ) Tj ET Q q 0 0 0 rg BT 345.38 608.65 Td (internet, ) Tj ET Q q 0 0 0 rg BT 390.36 608.65 Td (telephony ) Tj ET Q q 0 0 0 rg BT 443.30 608.65 Td (and ) Tj ET Q q 0 0 0 rg BT 466.88 608.65 Td (mobile ) Tj ET Q q 0 0 0 rg BT 504.52 608.65 Td (services. ) Tj ET Q q 0 0 0 rg BT 552.11 608.65 Td (At ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 595.45 Td (December ) Tj ET Q q 0 0 0 rg BT 103.30 595.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 121.64 595.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 152.23 595.45 Td (we ) Tj ET Q q 0 0 0 rg BT 169.35 595.45 Td (provided ) Tj ET Q q 0 0 0 rg BT 214.60 595.45 Td (9.7 ) Tj ET Q q 0 0 0 rg BT 232.94 595.45 Td (million ) Tj ET Q q 0 0 0 rg BT 267.17 595.45 Td (service ) Tj ET Q q 0 0 0 rg BT 305.07 595.45 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 372.32 595.45 Td (to ) Tj ET Q q 0 0 0 rg BT 384.55 595.45 Td (our ) Tj ET Q q 0 0 0 rg BT 403.51 595.45 Td (4.1 ) Tj ET Q q 0 0 0 rg BT 421.86 595.45 Td (million ) Tj ET Q q 0 0 0 rg BT 456.09 595.45 Td (customers. ) Tj ET Q q 0 0 0 rg BT 512.93 595.45 Td ( ) Tj ET Q q 0 0 0 rg BT 515.99 595.45 Td ( ) Tj ET Q q 0 0 0 rg BT 519.05 595.45 Td ( ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 49.50 569.05 Td (Operating and financial highlights) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.34 569.05 Td (*) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 231.62 569.05 Td (:) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 552.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 552.25 Td (Competition ) Tj ET Q q 0 0 0 rg BT 142.69 552.25 Td (and ) Tj ET Q q 0 0 0 rg BT 164.04 552.25 Td (integration ) Tj ET Q q 0 0 0 rg BT 218.41 552.25 Td (challenges ) Tj ET Q q 0 0 0 rg BT 274.00 552.25 Td (led ) Tj ET Q q 0 0 0 rg BT 291.67 552.25 Td (to ) Tj ET Q q 0 0 0 rg BT 303.84 552.25 Td (203,000 ) Tj ET Q q 0 0 0 rg BT 346.60 552.25 Td (RGU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 371.05 557.50 Td (2 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 376.97 552.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 411.15 552.25 Td (in ) Tj ET Q q 0 0 0 rg BT 422.70 552.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 453.23 552.25 Td (including ) Tj ET Q q 0 0 0 rg BT 499.64 552.25 Td (52,000 ) Tj ET Q q 0 0 0 rg BT 536.29 552.25 Td (in ) Tj ET Q q 0 0 0 rg BT 547.84 552.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 565.57 552.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 533.68 cm /I42 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 536.05 Td (Over ) Tj ET Q q 0 0 0 rg BT 143.89 536.05 Td (90% ) Tj ET Q q 0 0 0 rg BT 168.97 536.05 Td (of ) Tj ET Q q 0 0 0 rg BT 181.20 536.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 208.70 536.05 Td (attrition ) Tj ET Q q 0 0 0 rg BT 247.82 536.05 Td (in ) Tj ET Q q 0 0 0 rg BT 259.44 536.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 286.97 536.05 Td (related ) Tj ET Q q 0 0 0 rg BT 323.66 536.05 Td (to ) Tj ET Q q 0 0 0 rg BT 335.89 536.05 Td (single-play ) Tj ET Q q 0 0 0 rg BT 391.53 536.05 Td (video ) Tj ET Q q 0 0 0 rg BT 420.88 536.05 Td (churn ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 517.48 cm /I43 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 519.85 Td (Broadband) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 170.82 525.10 Td (3) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.80 519.85 Td ( ) Tj ET Q q 0 0 0 rg BT 177.86 519.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 205.36 519.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 252.44 519.85 Td (of ) Tj ET Q q 0 0 0 rg BT 264.67 519.85 Td (35,000 ) Tj ET Q q 0 0 0 rg BT 301.38 519.85 Td (in ) Tj ET Q q 0 0 0 rg BT 312.99 519.85 Td (2015, ) Tj ET Q q 0 0 0 rg BT 343.58 519.85 Td (with ) Tj ET Q q 0 0 0 rg BT 366.19 519.85 Td (7,000 ) Tj ET Q q 0 0 0 rg BT 396.78 519.85 Td (being ) Tj ET Q q 0 0 0 rg BT 426.75 519.85 Td (added ) Tj ET Q q 0 0 0 rg BT 460.39 519.85 Td (during ) Tj ET Q q 0 0 0 rg BT 494.03 519.85 Td (Q4) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 501.28 cm /I44 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 503.65 Td (Strong ) Tj ET Q q 0 0 0 rg BT 152.47 503.65 Td (competition ) Tj ET Q q 0 0 0 rg BT 211.77 503.65 Td (and ) Tj ET Q q 0 0 0 rg BT 233.18 503.65 Td (lower ) Tj ET Q q 0 0 0 rg BT 262.52 503.65 Td (marketing ) Tj ET Q q 0 0 0 rg BT 313.88 503.65 Td (and ) Tj ET Q q 0 0 0 rg BT 335.29 503.65 Td (sales ) Tj ET Q q 0 0 0 rg BT 364.02 503.65 Td (spend ) Tj ET Q q 0 0 0 rg BT 397.05 503.65 Td (in ) Tj ET Q q 0 0 0 rg BT 408.67 503.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 426.40 503.65 Td (negatively ) Tj ET Q q 0 0 0 rg BT 478.98 503.65 Td (impacted ) Tj ET Q q 0 0 0 rg BT 526.67 503.65 Td (results ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 485.08 cm /I45 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 487.45 Td (Improved ) Tj ET Q q 0 0 0 rg BT 165.91 487.45 Td (network ) Tj ET Q q 0 0 0 rg BT 207.48 487.45 Td (stability ) Tj ET Q q 0 0 0 rg BT 247.22 487.45 Td (and ) Tj ET Q q 0 0 0 rg BT 268.63 487.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 316.92 487.45 Td (service ) Tj ET Q q 0 0 0 rg BT 354.82 487.45 Td (expected ) Tj ET Q q 0 0 0 rg BT 402.52 487.45 Td (to ) Tj ET Q q 0 0 0 rg BT 414.75 487.45 Td (support ) Tj ET Q q 0 0 0 rg BT 454.49 487.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 481.99 487.45 Td (results ) Tj ET Q q 0 0 0 rg BT 517.45 487.45 Td (in ) Tj ET Q q 0 0 0 rg BT 529.06 487.45 Td (2016 ) Tj ET Q q 0 0 0 rg BT 556.59 487.45 Td ( ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 467.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 467.65 Td (Significant ) Tj ET Q q 0 0 0 rg BT 134.81 467.65 Td (progress ) Tj ET Q q 0 0 0 rg BT 180.66 467.65 Td (made ) Tj ET Q q 0 0 0 rg BT 211.23 467.65 Td (on ) Tj ET Q q 0 0 0 rg BT 226.52 467.65 Td (integration, ) Tj ET Q q 0 0 0 rg BT 284.01 467.65 Td (including ) Tj ET Q q 0 0 0 rg BT 330.48 467.65 Td (the ) Tj ET Q q 0 0 0 rg BT 348.83 467.65 Td (reorganization ) Tj ET Q q 0 0 0 rg BT 421.60 467.65 Td (completed ) Tj ET Q q 0 0 0 rg BT 475.40 467.65 Td (in ) Tj ET Q q 0 0 0 rg BT 487.02 467.65 Td (December ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 449.08 cm /I46 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 451.45 Td (As ) Tj ET Q q 0 0 0 rg BT 132.89 451.45 Td (expected, ) Tj ET Q q 0 0 0 rg BT 183.65 451.45 Td (opex ) Tj ET Q q 0 0 0 rg BT 210.56 451.45 Td (synergies ) Tj ET Q q 0 0 0 rg BT 260.69 451.45 Td (supported ) Tj ET Q q 0 0 0 rg BT 312.67 451.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 330.40 451.45 Td (rebased ) Tj ET Q q 0 0 0 rg BT 373.21 451.45 Td (Segment ) Tj ET Q q 0 0 0 rg BT 420.29 451.45 Td (OCF) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 443.51 456.70 Td (7) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 447.49 451.45 Td ( ) Tj ET Q q 0 0 0 rg BT 450.55 451.45 Td (growth ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 432.88 cm /I47 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 435.25 Td (On ) Tj ET Q q 0 0 0 rg BT 134.73 435.25 Td (track ) Tj ET Q q 0 0 0 rg BT 161.62 435.25 Td (to ) Tj ET Q q 0 0 0 rg BT 173.85 435.25 Td (deliver ) Tj ET Q q 0 0 0 rg BT 209.31 435.25 Td (on ) Tj ET Q q 0 0 0 rg BT 224.60 435.25 Td (250 ) Tj ET Q q 0 0 0 rg BT 252.13 435.25 Td (million ) Tj ET Q q 0 0 0 rg BT 286.36 435.25 Td (targeted ) Tj ET Q q 0 0 0 rg BT 329.78 435.25 Td (synergies ) Tj ET Q q 0 0 0 rg BT 379.92 435.25 Td (by ) Tj ET Q q 0 0 0 rg BT 394.59 435.25 Td (2018) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 416.68 cm /I48 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 419.05 Td (Reduced ) Tj ET Q q 0 0 0 rg BT 164.09 419.05 Td (staf) Tj ET Q q 0 0 0 rg BT 181.62 419.05 Td (f ) Tj ET Q q 0 0 0 rg BT 187.73 419.05 Td (by ) Tj ET Q q 0 0 0 rg BT 202.41 419.05 Td (600 ) Tj ET Q q 0 0 0 rg BT 223.81 419.05 Td (full-time ) Tj ET Q q 0 0 0 rg BT 265.38 419.05 Td (employees ) Tj ET Q q 0 0 0 rg BT 321.63 419.05 Td (\("FTEs"\) ) Tj ET Q q 0 0 0 rg BT 366.10 419.05 Td (improving ) Tj ET Q q 0 0 0 rg BT 416.84 419.05 Td (organizational ) Tj ET Q q 0 0 0 rg BT 488.38 419.05 Td (ef) Tj ET Q q 0 0 0 rg BT 497.36 419.05 Td (fectiveness ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 399.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 399.25 Td (Next-generation ) Tj ET Q q 0 0 0 rg BT 162.13 399.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 179.24 399.25 Td (features ) Tj ET Q q 0 0 0 rg BT 222.04 399.25 Td (are ) Tj ET Q q 0 0 0 rg BT 240.99 399.25 Td (resonating ) Tj ET Q q 0 0 0 rg BT 295.42 399.25 Td (well ) Tj ET Q q 0 0 0 rg BT 317.42 399.25 Td (with ) Tj ET Q q 0 0 0 rg BT 340.04 399.25 Td (customers) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 380.68 cm /I49 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 383.05 Td (In ) Tj ET Q q 0 0 0 rg BT 129.18 383.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 159.71 383.05 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 200.43 383.05 Td (TV ) Tj ET Q q 0 0 0 rg BT 217.49 383.05 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 276.74 383.05 Td (doubled ) Tj ET Q q 0 0 0 rg BT 318.90 383.05 Td (to ) Tj ET Q q 0 0 0 rg BT 331.08 383.05 Td (706,000, ) Tj ET Q q 0 0 0 rg BT 376.90 383.05 Td (including ) Tj ET Q q 0 0 0 rg BT 423.33 383.05 Td (a ) Tj ET Q q 0 0 0 rg BT 432.45 383.05 Td (record ) Tj ET Q q 0 0 0 rg BT 466.64 383.05 Td (141,000 ) Tj ET Q q 0 0 0 rg BT 509.41 383.05 Td (adds ) Tj ET Q q 0 0 0 rg BT 536.27 383.05 Td (in ) Tj ET Q q 0 0 0 rg BT 547.84 383.05 Td (Q4) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 364.48 cm /I50 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 366.85 Td (Replay ) Tj ET Q q 0 0 0 rg BT 154.10 366.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 171.21 366.85 Td (active ) Tj ET Q q 0 0 0 rg BT 203.00 366.85 Td (users ) Tj ET Q q 0 0 0 rg BT 232.96 366.85 Td (grew ) Tj ET Q q 0 0 0 rg BT 259.85 366.85 Td (34% ) Tj ET Q q 0 0 0 rg BT 284.93 366.85 Td (sequentially ) Tj ET Q q 0 0 0 rg BT 346.08 366.85 Td (to ) Tj ET Q q 0 0 0 rg BT 358.31 366.85 Td (460,000 ) Tj ET Q q 0 0 0 rg BT 401.13 366.85 Td (at ) Tj ET Q q 0 0 0 rg BT 413.36 366.85 Td (the ) Tj ET Q q 0 0 0 rg BT 431.70 366.85 Td (end ) Tj ET Q q 0 0 0 rg BT 453.11 366.85 Td (of ) Tj ET Q q 0 0 0 rg BT 465.34 366.85 Td (Q4) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 348.28 cm /I51 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 350.65 Td (Multi-screen ) Tj ET Q q 0 0 0 rg BT 179.96 350.65 Td (service, ) Tj ET Q q 0 0 0 rg BT 220.91 350.65 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 261.87 350.65 Td (Go, ) Tj ET Q q 0 0 0 rg BT 282.66 350.65 Td (grew ) Tj ET Q q 0 0 0 rg BT 309.56 350.65 Td (by ) Tj ET Q q 0 0 0 rg BT 324.23 350.65 Td (445,000 ) Tj ET Q q 0 0 0 rg BT 367.05 350.65 Td (users ) Tj ET Q q 0 0 0 rg BT 397.01 350.65 Td (to ) Tj ET Q q 0 0 0 rg BT 409.24 350.65 Td (720,000 ) Tj ET Q q 0 0 0 rg BT 452.05 350.65 Td (in ) Tj ET Q q 0 0 0 rg BT 463.67 350.65 Td (2015) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 330.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 330.85 Td (Launch ) Tj ET Q q 0 0 0 rg BT 120.14 330.85 Td (of ) Tj ET Q q 0 0 0 rg BT 132.37 330.85 Td (our ) Tj ET Q q 0 0 0 rg BT 151.33 330.85 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 181.90 330.85 Td (Sport ) Tj ET Q q 0 0 0 rg BT 211.25 330.85 Td (channel ) Tj ET Q q 0 0 0 rg BT 252.84 330.85 Td (highlights ) Tj ET Q q 0 0 0 rg BT 302.37 330.85 Td (our ) Tj ET Q q 0 0 0 rg BT 321.32 330.85 Td (continued ) Tj ET Q q 0 0 0 rg BT 372.09 330.85 Td (investment ) Tj ET Q q 0 0 0 rg BT 428.33 330.85 Td (in ) Tj ET Q q 0 0 0 rg BT 439.95 330.85 Td (our ) Tj ET Q q 0 0 0 rg BT 458.90 330.85 Td (products) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 312.28 cm /I52 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 314.65 Td (Of) Tj ET Q q 0 0 0 rg BT 128.41 314.65 Td (fered ) Tj ET Q q 0 0 0 rg BT 156.54 314.65 Td (exclusively ) Tj ET Q q 0 0 0 rg BT 212.78 314.65 Td (to ) Tj ET Q q 0 0 0 rg BT 225.01 314.65 Td (our ) Tj ET Q q 0 0 0 rg BT 243.97 314.65 Td (customers ) Tj ET Q q 0 0 0 rg BT 297.76 314.65 Td (to ) Tj ET Q q 0 0 0 rg BT 309.99 314.65 Td (enhance ) Tj ET Q q 0 0 0 rg BT 355.25 314.65 Td (their ) Tj ET Q q 0 0 0 rg BT 379.71 314.65 Td (video ) Tj ET Q q 0 0 0 rg BT 409.06 314.65 Td (entertainment ) Tj ET Q q 0 0 0 rg BT 479.38 314.65 Td (experience) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 296.08 cm /I53 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 298.45 Td (Extensive ) Tj ET Q q 0 0 0 rg BT 167.52 298.45 Td (library ) Tj ET Q q 0 0 0 rg BT 200.30 298.45 Td (of ) Tj ET Q q 0 0 0 rg BT 212.31 298.45 Td (sports ) Tj ET Q q 0 0 0 rg BT 245.10 298.45 Td (content ) Tj ET Q q 0 0 0 rg BT 284.01 298.45 Td (with ) Tj ET Q q 0 0 0 rg BT 306.41 298.45 Td (English ) Tj ET Q q 0 0 0 rg BT 345.32 298.45 Td (Premier ) Tj ET Q q 0 0 0 rg BT 386.66 298.45 Td (League ) Tj ET Q q 0 0 0 rg BT 426.19 298.45 Td (rights ) Tj ET Q q 0 0 0 rg BT 455.92 298.45 Td (secured ) Tj ET Q q 0 0 0 rg BT 497.89 298.45 Td (through ) Tj ET Q q 0 0 0 rg BT 538.03 298.45 Td (2019) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 279.88 cm /I54 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 282.25 Td (Nearly ) Tj ET Q q 0 0 0 rg BT 151.84 282.25 Td (20% ) Tj ET Q q 0 0 0 rg BT 176.91 282.25 Td (of ) Tj ET Q q 0 0 0 rg BT 189.14 282.25 Td (new ) Tj ET Q q 0 0 0 rg BT 212.38 282.25 Td (bundled ) Tj ET Q q 0 0 0 rg BT 254.59 282.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 308.38 282.25 Td (mention ) Tj ET Q q 0 0 0 rg BT 350.57 282.25 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 381.14 282.25 Td (Sport ) Tj ET Q q 0 0 0 rg BT 410.49 282.25 Td (as ) Tj ET Q q 0 0 0 rg BT 425.16 282.25 Td (a ) Tj ET Q q 0 0 0 rg BT 434.33 282.25 Td (motive ) Tj ET Q q 0 0 0 rg BT 469.79 282.25 Td (for ) Tj ET Q q 0 0 0 rg BT 485.68 282.25 Td (subscribing) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 262.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 262.45 Td (Added ) Tj ET Q q 0 0 0 rg BT 115.86 262.45 Td (57,000 ) Tj ET Q q 0 0 0 rg BT 152.56 262.45 Td (mobile ) Tj ET Q q 0 0 0 rg BT 188.02 262.45 Td (subscribers) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 244.27 267.70 Td (18) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 252.22 262.45 Td ( ) Tj ET Q q 0 0 0 rg BT 255.27 262.45 Td (in ) Tj ET Q q 0 0 0 rg BT 266.89 262.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 297.47 262.45 Td (increasing ) Tj ET Q q 0 0 0 rg BT 350.67 262.45 Td (our ) Tj ET Q q 0 0 0 rg BT 369.62 262.45 Td (base ) Tj ET Q q 0 0 0 rg BT 396.53 262.45 Td (to ) Tj ET Q q 0 0 0 rg BT 408.76 262.45 Td (187,000 ) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 243.88 cm /I55 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 246.25 Td (Added ) Tj ET Q q 0 0 0 rg BT 151.86 246.25 Td (6,000 ) Tj ET Q q 0 0 0 rg BT 182.45 246.25 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 241.74 246.25 Td (in ) Tj ET Q q 0 0 0 rg BT 253.36 246.25 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 274.15 246.25 Td (partly ) Tj ET Q q 0 0 0 rg BT 304.10 246.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 337.12 246.25 Td (by ) Tj ET Q q 0 0 0 rg BT 351.79 246.25 Td (our ) Tj ET Q q 0 0 0 rg BT 370.75 246.25 Td (new ) Tj ET Q q 0 0 0 rg BT 393.98 246.25 Td (4G ) Tj ET Q q 0 0 0 rg BT 411.71 246.25 Td (mobile ) Tj ET Q q 0 0 0 rg BT 447.17 246.25 Td (of) Tj ET Q q 0 0 0 rg BT 456.15 246.25 Td (ferings) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 27.00 0 0 11.00 90.00 227.68 cm /I56 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 230.05 Td (Quad-play ) Tj ET Q q 0 0 0 rg BT 170.79 230.05 Td (up-sell ) Tj ET Q q 0 0 0 rg BT 206.23 230.05 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 254.51 230.05 Td (set ) Tj ET Q q 0 0 0 rg BT 272.22 230.05 Td (for ) Tj ET Q q 0 0 0 rg BT 288.10 230.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 315.61 230.05 Td (to ) Tj ET Q q 0 0 0 rg BT 327.82 230.05 Td (drive ) Tj ET Q q 0 0 0 rg BT 354.70 230.05 Td (penetration ) Tj ET Q q 0 0 0 rg BT 412.78 230.05 Td (in ) Tj ET Q q 0 0 0 rg BT 424.38 230.05 Td (our ) Tj ET Q q 0 0 0 rg BT 443.32 230.05 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 490.38 230.05 Td (customer ) Tj ET Q q 0 0 0 rg BT 538.65 230.05 Td (base) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 210.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 210.25 Td (Launched ) Tj ET Q q 0 0 0 rg BT 132.38 210.25 Td (compelling ) Tj ET Q q 0 0 0 rg BT 188.02 210.25 Td (small ) Tj ET Q q 0 0 0 rg BT 216.74 210.25 Td (of) Tj ET Q q 0 0 0 rg BT 225.72 210.25 Td (fice/home ) Tj ET Q q 0 0 0 rg BT 276.46 210.25 Td (of) Tj ET Q q 0 0 0 rg BT 285.44 210.25 Td (fice ) Tj ET Q q 0 0 0 rg BT 305.61 210.25 Td (\("SOHO"\) ) Tj ET Q q 0 0 0 rg BT 356.20 210.25 Td (portfolio, ) Tj ET Q q 0 0 0 rg BT 401.44 210.25 Td (with ) Tj ET Q q 0 0 0 rg BT 424.06 210.25 Td (top ) Tj ET Q q 0 0 0 rg BT 442.41 210.25 Td (speeds ) Tj ET Q q 0 0 0 rg BT 480.94 210.25 Td (of ) Tj ET Q q 0 0 0 rg BT 493.17 210.25 Td (500 ) Tj ET Q q 0 0 0 rg BT 514.58 210.25 Td (Mbps) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 190.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 190.45 Td (ARPU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 112.06 195.70 Td (16) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 120.01 190.45 Td ( ) Tj ET Q q 0 0 0 rg BT 123.07 190.45 Td (per ) Tj ET Q q 0 0 0 rg BT 142.02 190.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 190.32 190.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 241.07 190.45 Td (1.8% ) Tj ET Q q 0 0 0 rg BT 269.20 190.45 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 343.77 190.45 Td (to ) Tj ET Q q 0 0 0 rg BT 356.00 190.45 Td (44.97 ) Tj ET Q q 0 0 0 rg BT 392.70 190.45 Td (in ) Tj ET Q q 0 0 0 rg BT 404.32 190.45 Td (Q4) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 170.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 170.65 Td (Rebased) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 125.03 175.90 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 129.01 170.65 Td ( ) Tj ET Q q 0 0 0 rg BT 132.06 170.65 Td (revenue ) Tj ET Q q 0 0 0 rg BT 174.87 170.65 Td (decreased ) Tj ET Q q 0 0 0 rg BT 229.30 170.65 Td (3% ) Tj ET Q q 0 0 0 rg BT 248.25 170.65 Td (to ) Tj ET Q q 0 0 0 rg BT 260.48 170.65 Td (614 ) Tj ET Q q 0 0 0 rg BT 288.01 170.65 Td (million ) Tj ET Q q 0 0 0 rg BT 322.24 170.65 Td (in ) Tj ET Q q 0 0 0 rg BT 333.86 170.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 351.59 170.65 Td (and ) Tj ET Q q 0 0 0 rg BT 373.00 170.65 Td (2% ) Tj ET Q q 0 0 0 rg BT 391.95 170.65 Td (to ) Tj ET Q q 0 0 0 rg BT 404.18 170.65 Td (2,473 ) Tj ET Q q 0 0 0 rg BT 440.88 170.65 Td (in ) Tj ET Q q 0 0 0 rg BT 452.50 170.65 Td (2015 ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 150.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 150.85 Td (Rebased ) Tj ET Q q 0 0 0 rg BT 128.43 150.85 Td (Segment ) Tj ET Q q 0 0 0 rg BT 175.36 150.85 Td (OCF ) Tj ET Q q 0 0 0 rg BT 201.48 150.85 Td (grew ) Tj ET Q q 0 0 0 rg BT 228.22 150.85 Td (2% ) Tj ET Q q 0 0 0 rg BT 247.02 150.85 Td (in ) Tj ET Q q 0 0 0 rg BT 258.48 150.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 276.05 150.85 Td (to ) Tj ET Q q 0 0 0 rg BT 288.12 150.85 Td (358 ) Tj ET Q q 0 0 0 rg BT 315.49 150.85 Td (million, ) Tj ET Q q 0 0 0 rg BT 352.62 150.85 Td (but ) Tj ET Q q 0 0 0 rg BT 370.81 150.85 Td (contracted ) Tj ET Q q 0 0 0 rg BT 425.08 150.85 Td (2% ) Tj ET Q q 0 0 0 rg BT 443.88 150.85 Td (to ) Tj ET Q q 0 0 0 rg BT 455.95 150.85 Td (1,369 ) Tj ET Q q 0 0 0 rg BT 492.49 150.85 Td (million ) Tj ET Q q 0 0 0 rg BT 526.57 150.85 Td (in ) Tj ET Q q 0 0 0 rg BT 538.03 150.85 Td (2015) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 131.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 131.05 Td (Operating ) Tj ET Q q 0 0 0 rg BT 132.36 131.05 Td (income ) Tj ET Q q 0 0 0 rg BT 170.88 131.05 Td (was ) Tj ET Q q 0 0 0 rg BT 193.50 131.05 Td (27 ) Tj ET Q q 0 0 0 rg BT 214.91 131.05 Td (million ) Tj ET Q q 0 0 0 rg BT 249.14 131.05 Td (in ) Tj ET Q q 0 0 0 rg BT 260.75 131.05 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 278.48 131.05 Td (and ) Tj ET Q q 0 0 0 rg BT 299.89 131.05 Td (109 ) Tj ET Q q 0 0 0 rg BT 327.42 131.05 Td (million ) Tj ET Q q 0 0 0 rg BT 361.65 131.05 Td (in ) Tj ET Q q 0 0 0 rg BT 373.27 131.05 Td (2015) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.00 111.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 111.25 Td (Property ) Tj ET Q q 0 0 0 rg BT 126.05 111.25 Td (and ) Tj ET Q q 0 0 0 rg BT 147.87 111.25 Td (equipment ) Tj ET Q q 0 0 0 rg BT 202.72 111.25 Td (additions) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 246.75 116.50 Td (9) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 250.73 111.25 Td ( ) Tj ET Q q 0 0 0 rg BT 254.20 111.25 Td (were ) Tj ET Q q 0 0 0 rg BT 281.52 111.25 Td (20% ) Tj ET Q q 0 0 0 rg BT 307.01 111.25 Td (of ) Tj ET Q q 0 0 0 rg BT 319.65 111.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 362.88 111.25 Td (in ) Tj ET Q q 0 0 0 rg BT 374.92 111.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 405.92 111.25 Td (which ) Tj ET Q q 0 0 0 rg BT 437.51 111.25 Td (was ) Tj ET Q q 0 0 0 rg BT 460.55 111.25 Td (at ) Tj ET Q q 0 0 0 rg BT 473.20 111.25 Td (the ) Tj ET Q q 0 0 0 rg BT 491.96 111.25 Td (low-end ) Tj ET Q q 0 0 0 rg BT 533.96 111.25 Td (of ) Tj ET Q q 0 0 0 rg BT 546.61 111.25 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.00 98.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 108.53 98.05 Td (guidance ) Tj ET Q q 0 0 0 rg BT 156.23 98.05 Td (range ) Tj ET Q q 0 0 0 rg BT 187.42 98.05 Td (and ) Tj ET Q q 0 0 0 rg BT 208.83 98.05 Td (down ) Tj ET Q q 0 0 0 rg BT 238.19 98.05 Td (from ) Tj ET Q q 0 0 0 rg BT 263.24 98.05 Td (21% ) Tj ET Q q 0 0 0 rg BT 288.31 98.05 Td (in ) Tj ET Q q 0 0 0 rg BT 299.93 98.05 Td (2014) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 81.00 69.25 Td (* ) Tj ET Q q 0 0 0 rg BT 84.52 69.25 Td (The ) Tj ET Q q 0 0 0 rg BT 95.47 69.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 117.12 69.25 Td (figures ) Tj ET Q q 0 0 0 rg BT 135.11 69.25 Td (contained ) Tj ET Q q 0 0 0 rg BT 160.43 69.25 Td (in ) Tj ET Q q 0 0 0 rg BT 166.19 69.25 Td (this ) Tj ET Q q 0 0 0 rg BT 176.22 69.25 Td (release ) Tj ET Q q 0 0 0 rg BT 195.73 69.25 Td (are ) Tj ET Q q 0 0 0 rg BT 205.16 69.25 Td (prepared ) Tj ET Q q 0 0 0 rg BT 228.65 69.25 Td (in ) Tj ET Q q 0 0 0 rg BT 234.40 69.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 264.31 69.25 Td (with ) Tj ET Q q 0 0 0 rg BT 275.57 69.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 287.74 69.25 Td (GAAP) Tj ET Q BT /F2 5.50 Tf ET BT /F2 3.57 Tf ET q 0 0 0 rg BT 303.02 71.87 Td (10) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 307.00 69.25 Td (. ) Tj ET Q q 0 0 0 rg BT 309.90 69.25 Td (The ) Tj ET Q q 0 0 0 rg BT 320.85 69.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 342.51 69.25 Td (and ) Tj ET Q q 0 0 0 rg BT 353.16 69.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 377.57 69.25 Td (information ) Tj ET Q q 0 0 0 rg BT 406.25 69.25 Td (included ) Tj ET Q q 0 0 0 rg BT 428.21 69.25 Td (herein ) Tj ET Q q 0 0 0 rg BT 444.98 69.25 Td (as ) Tj ET Q q 0 0 0 rg BT 452.26 69.25 Td (of ) Tj ET Q q 0 0 0 rg BT 458.32 69.25 Td (and ) Tj ET Q q 0 0 0 rg BT 468.97 69.25 Td (for ) Tj ET Q q 0 0 0 rg BT 476.86 69.25 Td (the ) Tj ET Q q 0 0 0 rg BT 485.98 69.25 Td (three ) Tj ET Q q 0 0 0 rg BT 499.99 69.25 Td (and ) Tj ET Q q 0 0 0 rg BT 510.64 69.25 Td (twelve ) Tj ET Q q 0 0 0 rg BT 527.71 69.25 Td (months ) Tj ET Q q 0 0 0 rg BT 547.22 69.25 Td (ended ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 81.00 62.65 Td (December ) Tj ET Q q 0 0 0 rg BT 107.69 62.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 116.65 62.65 Td (2014, ) Tj ET Q q 0 0 0 rg BT 131.72 62.65 Td (and ) Tj ET Q q 0 0 0 rg BT 142.21 62.65 Td (for ) Tj ET Q q 0 0 0 rg BT 149.95 62.65 Td (other ) Tj ET Q q 0 0 0 rg BT 163.80 62.65 Td (periods ) Tj ET Q q 0 0 0 rg BT 183.15 62.65 Td (that ) Tj ET Q q 0 0 0 rg BT 193.64 62.65 Td (precede ) Tj ET Q q 0 0 0 rg BT 214.83 62.65 Td (the ) Tj ET Q q 0 0 0 rg BT 223.79 62.65 Td (November ) Tj ET Q q 0 0 0 rg BT 250.47 62.65 Td (1) Tj ET Q q 0 0 0 rg BT 253.13 62.65 Td (1, ) Tj ET Q q 0 0 0 rg BT 259.03 62.65 Td (2014 ) Tj ET Q q 0 0 0 rg BT 272.58 62.65 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 299.88 62.65 Td (date ) Tj ET Q q 0 0 0 rg BT 311.90 62.65 Td (of ) Tj ET Q q 0 0 0 rg BT 317.80 62.65 Td (Ziggo, ) Tj ET Q q 0 0 0 rg BT 334.40 62.65 Td (is ) Tj ET Q q 0 0 0 rg BT 339.69 62.65 Td (presented ) Tj ET Q q 0 0 0 rg BT 365.46 62.65 Td (on ) Tj ET Q q 0 0 0 rg BT 372.90 62.65 Td (a ) Tj ET Q q 0 0 0 rg BT 377.27 62.65 Td (pro ) Tj ET Q q 0 0 0 rg BT 386.53 62.65 Td (forma ) Tj ET Q q 0 0 0 rg BT 401.90 62.65 Td (basis ) Tj ET Q q 0 0 0 rg BT 416.06 62.65 Td (that ) Tj ET Q q 0 0 0 rg BT 426.55 62.65 Td (gives ) Tj ET Q q 0 0 0 rg BT 440.70 62.65 Td (ef) Tj ET Q q 0 0 0 rg BT 445.19 62.65 Td (fect ) Tj ET Q q 0 0 0 rg BT 455.37 62.65 Td (to ) Tj ET Q q 0 0 0 rg BT 461.27 62.65 Td (the ) Tj ET Q q 0 0 0 rg BT 470.23 62.65 Td (transfers ) Tj ET Q q 0 0 0 rg BT 492.94 62.65 Td (of ) Tj ET Q q 0 0 0 rg BT 498.84 62.65 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 513.91 62.65 Td (Holding ) Tj ET Q q 0 0 0 rg BT 533.88 62.65 Td (B.V) Tj ET Q q 0 0 0 rg BT 542.24 62.65 Td (. ) Tj ET Q q 0 0 0 rg BT 545.08 62.65 Td (\(Ziggo ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 81.00 56.05 Td (Holding\) ) Tj ET Q q 0 0 0 rg BT 104.68 56.05 Td (and ) Tj ET Q q 0 0 0 rg BT 115.22 56.05 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 130.35 56.05 Td (Services ) Tj ET Q q 0 0 0 rg BT 152.80 56.05 Td (B.V) Tj ET Q q 0 0 0 rg BT 161.16 56.05 Td (. ) Tj ET Q q 0 0 0 rg BT 164.06 56.05 Td (\("Ziggo ) Tj ET Q q 0 0 0 rg BT 182.96 56.05 Td (Services"\) ) Tj ET Q q 0 0 0 rg BT 209.20 56.05 Td (into ) Tj ET Q q 0 0 0 rg BT 219.44 56.05 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 234.56 56.05 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 262.58 56.05 Td (, ) Tj ET Q q 0 0 0 rg BT 265.47 56.05 Td (the ) Tj ET Q q 0 0 0 rg BT 276.31 56.05 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 307.34 56.05 Td (Reorganization\) ) Tj ET Q q 0 0 0 rg BT 349.36 56.05 Td (as ) Tj ET Q q 0 0 0 rg BT 356.54 56.05 Td (if ) Tj ET Q q 0 0 0 rg BT 360.65 56.05 Td (they ) Tj ET Q q 0 0 0 rg BT 372.41 56.05 Td (had ) Tj ET Q q 0 0 0 rg BT 382.96 56.05 Td (occurred ) Tj ET Q q 0 0 0 rg BT 405.72 56.05 Td (on ) Tj ET Q q 0 0 0 rg BT 413.20 56.05 Td (January ) Tj ET Q q 0 0 0 rg BT 434.14 56.05 Td (1, ) Tj ET Q q 0 0 0 rg BT 440.09 56.05 Td (2014. ) Tj ET Q q 0 0 0 rg BT 455.22 56.05 Td (Financial ) Tj ET Q q 0 0 0 rg BT 478.59 56.05 Td (and ) Tj ET Q q 0 0 0 rg BT 489.14 56.05 Td (operating ) Tj ET Q q 0 0 0 rg BT 513.44 56.05 Td (information ) Tj ET Q q 0 0 0 rg BT 542.01 56.05 Td (included ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 81.00 49.45 Td (in ) Tj ET Q q 0 0 0 rg BT 86.81 49.45 Td (this ) Tj ET Q q 0 0 0 rg BT 96.90 49.45 Td (release ) Tj ET Q q 0 0 0 rg BT 116.47 49.45 Td (for ) Tj ET Q q 0 0 0 rg BT 124.41 49.45 Td (all ) Tj ET Q q 0 0 0 rg BT 131.44 49.45 Td (other ) Tj ET Q q 0 0 0 rg BT 145.51 49.45 Td (periods ) Tj ET Q q 0 0 0 rg BT 165.08 49.45 Td (is ) Tj ET Q q 0 0 0 rg BT 170.58 49.45 Td (presented ) Tj ET Q q 0 0 0 rg BT 196.57 49.45 Td (on ) Tj ET Q q 0 0 0 rg BT 204.22 49.45 Td (a ) Tj ET Q q 0 0 0 rg BT 208.81 49.45 Td (historical ) Tj ET Q q 0 0 0 rg BT 232.04 49.45 Td (basis ) Tj ET Q q 0 0 0 rg BT 246.41 49.45 Td (unless ) Tj ET Q q 0 0 0 rg BT 263.83 49.45 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 288.90 49.45 Td (noted. ) Tj ET Q q 0 0 0 rg BT 305.72 49.45 Td (For ) Tj ET Q q 0 0 0 rg BT 315.50 49.45 Td (additional ) Tj ET Q q 0 0 0 rg BT 340.58 49.45 Td (information, ) Tj ET Q q 0 0 0 rg BT 370.85 49.45 Td (see ) Tj ET Q q 0 0 0 rg BT 381.24 49.45 Td (footnote ) Tj ET Q q 0 0 0 rg BT 402.65 49.45 Td (31 ) Tj ET Q q 0 0 0 rg BT 410.30 49.45 Td (on ) Tj ET Q q 0 0 0 rg BT 417.94 49.45 Td (page ) Tj ET Q q 0 0 0 rg BT 431.71 49.45 Td (44.) Tj ET Q /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I57 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 24.95 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 49.50 709.85 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 406 675.35 m 482 675.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482 675.35 m 486 675.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 675.35 m 562 675.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 660.35 m 482 660.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 660.35 m 562 660.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 645.35 m 482 645.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 645.35 m 562 645.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 551.35 m 482 551.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 551.35 m 562 551.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 551.35 m 482 551.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 551.35 m 562 551.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 506.35 m 482 506.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 492.35 m 482 492.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 490.35 m 482 490.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 506.35 m 562 506.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 492.35 m 562 492.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 490.35 m 562 490.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 442.35 m 482 442.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 442.35 m 562 442.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 397.35 m 482 397.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 383.35 m 482 383.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 381.35 m 482 381.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 397.35 m 562 397.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 383.35 m 562 383.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 381.35 m 562 381.35 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 417.95 688.75 Td (As of and for the three months) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.70 679.75 Td (ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.45 664.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.45 664.75 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.95 649.75 Td (Historical) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 498.95 649.75 Td (Pro forma) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 541.46 654.04 Td (31) 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 51.5 633.38525390625 m 95.3720703125 633.38525390625 l s q 0 0 0 rg BT 51.50 634.97 Td (Footprint) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 620.57 Td (Homes Passed) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 119.31 625.34 Td (1) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 122.44 625.34 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 130.20 620.57 Td (..................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 619.97 Td (7,023,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 619.97 Td (6,982,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 604.97 Td (T) Tj ET Q q 0 0 0 rg BT 57.06 604.97 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 161.54 609.74 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 171.85 604.57 Td (...................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 604.97 Td (7,009,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 604.97 Td (6,968,000) 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 51.5 584.38525390625 m 146.5244140625 584.38525390625 l s q 0 0 0 rg BT 51.50 585.97 Td (Subscribers \(RGUs\)) 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 146.5244140625 589.15576171875 m 150.138671875 589.15576171875 l s BT /F3 6.50 Tf ET q 0 0 0 rg BT 146.52 590.74 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 570.97 Td (Basic V) Tj ET Q q 0 0 0 rg BT 85.22 570.97 Td (ideo) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 104.13 575.74 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 116.30 570.57 Td (.......................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.45 570.97 Td (768,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.45 570.97 Td (902,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 555.97 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 105.81 555.97 Td (ideo) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 124.71 560.74 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.75 555.57 Td (................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 555.97 Td (3,320,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 555.97 Td (3,387,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 540.97 Td (Total Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 121.85 540.57 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 540.97 Td (4,088,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 540.97 Td (4,289,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 525.97 Td (Internet) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 85.41 530.74 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 94.10 525.57 Td (...............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 525.97 Td (3,101,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 525.97 Td (3,066,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 510.97 Td (T) Tj ET Q q 0 0 0 rg BT 56.50 510.97 Td (elephony) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 97.09 515.74 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 105.20 510.57 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 510.97 Td (2,538,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 510.97 Td (2,576,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 495.97 Td (Total RGUs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 124.65 495.57 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 495.97 Td (9,728,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 495.97 Td (9,931,400) 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 51.5 475.38525390625 m 241.7099609375 475.38525390625 l s q 0 0 0 rg BT 51.50 476.97 Td (Q4 Organic RGU Net Additions \(Losses\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 461.97 Td (Basic Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 107.95 461.57 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 461.97 Td (\(35,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 461.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.65 461.97 Td (\(41,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 461.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 446.97 Td (Enhanced Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 127.40 446.57 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 446.97 Td (\(15,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 446.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.20 446.97 Td (\(3,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 446.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 431.97 Td (Total Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 121.85 431.57 Td (.....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 431.97 Td (\(51,300) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 431.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.65 431.97 Td (\(44,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 431.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 416.97 Td (Internet) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.50 416.57 Td (.................................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 416.97 Td (6,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 416.97 Td (15,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 401.97 Td (Telephony) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 99.65 401.57 Td (.............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.20 401.97 Td (\(7,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 401.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.20 401.97 Td (\(9,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 401.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 386.97 Td (Total organic RGU net losses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.45 386.57 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 386.97 Td (\(51,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 386.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.65 386.97 Td (\(38,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 386.97 Td (\)) 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 51.5 366.98525390625 m 106.509765625 366.98525390625 l s q 0 0 0 rg BT 51.50 368.57 Td (Penetration) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 353.97 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 105.81 353.97 Td (ideo Subscribers as a % of ) Tj ET Q q 0 0 0 rg BT 227.35 353.97 Td (T) Tj ET Q q 0 0 0 rg BT 232.35 353.97 Td (otal V) Tj ET Q q 0 0 0 rg BT 257.75 353.97 Td (ideo Subscribers) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 332.23 358.74 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.35 353.57 Td (......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 353.97 Td (81.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 353.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 353.97 Td (79.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 353.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 339.27 Td (Internet as a % of ) Tj ET Q q 0 0 0 rg BT 132.48 339.27 Td (T) Tj ET Q q 0 0 0 rg BT 138.03 339.27 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 242.52 344.04 Td (30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.45 339.57 Td (......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 338.97 Td (44.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 338.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 338.97 Td (44.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 338.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 323.97 Td (T) Tj ET Q q 0 0 0 rg BT 56.50 323.97 Td (elephony as a % of ) Tj ET Q q 0 0 0 rg BT 144.16 323.97 Td (T) Tj ET Q q 0 0 0 rg BT 149.71 323.97 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 254.20 328.74 Td (30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.55 323.57 Td (..................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 323.97 Td (36.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 323.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 323.97 Td (37.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 323.97 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 51.5 303.38525390625 m 166.51953125 303.38525390625 l s q 0 0 0 rg BT 51.50 304.97 Td (Customer Relationships) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 289.97 Td (Customer Relationships) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 157.66 294.74 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 163.55 289.57 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.10 289.97 Td (4,090,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 289.97 Td (4,291,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 274.97 Td (RGUs per Customer Relationship) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.45 274.57 Td (........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 274.97 Td (2.38) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 274.97 Td (2.31) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 259.97 Td (Q4 monthly ) Tj ET Q q 0 0 0 rg BT 104.86 259.97 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 253.81 264.74 Td (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.55 259.57 Td (..................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.50 259.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 259.97 Td (44.97) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 259.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 259.97 Td (44.18) 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 51.5 239.38525390625 m 144.2734375 239.38525390625 l s q 0 0 0 rg BT 51.50 240.97 Td (Customer Bundling) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 225.97 Td (Single-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 105.20 225.57 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 225.97 Td (22.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 225.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 225.97 Td (26.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 225.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 210.97 Td (Double-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 110.75 210.57 Td (.........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 210.97 Td (16.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 210.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 210.97 Td (15.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 210.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 195.97 Td (Triple-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 102.40 195.57 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 195.97 Td (60.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 195.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 195.97 Td (58.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 195.97 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 51.5 175.38525390625 m 143.74609375 175.38525390625 l s q 0 0 0 rg BT 51.50 176.97 Td (Mobile Subscribers) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 143.75 181.74 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 161.97 Td (Total Mobile subscribers) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 160.75 161.57 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.45 161.97 Td (186,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.45 161.97 Td (129,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 146.97 Td (Q4 organic Mobile net additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 194.10 146.57 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 146.97 Td (5,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 146.97 Td (26,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 127.97 Td (Q4 Monthly ) Tj ET Q q 0 0 0 rg BT 104.86 127.97 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 232.69 132.74 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 112.97 Td (Excluding interconnect revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.75 112.57 Td (.....................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.50 112.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 112.97 Td (15.94) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 112.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 112.97 Td (14.10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 97.97 Td (Including interconnect revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 208.00 97.57 Td (......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.50 97.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 97.97 Td (17.38) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 97.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 97.97 Td (15.81) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I58 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 24.95 Td (20) 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 49.50 666.65 Td (The ) Tj ET Q q 0 0 0 rg BT 71.82 666.65 Td (following ) Tj ET Q q 0 0 0 rg BT 117.98 666.65 Td (table ) Tj ET Q q 0 0 0 rg BT 145.20 666.65 Td (reflects ) Tj ET Q q 0 0 0 rg BT 184.01 666.65 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 241.17 666.65 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 292.85 666.65 Td (selected ) Tj ET Q q 0 0 0 rg BT 337.19 666.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 380.91 666.65 Td (results ) Tj ET Q q 0 0 0 rg BT 416.67 666.65 Td (for ) Tj ET Q q 0 0 0 rg BT 432.87 666.65 Td (the ) Tj ET Q q 0 0 0 rg BT 451.52 666.65 Td (three ) Tj ET Q q 0 0 0 rg BT 479.96 666.65 Td (months ) Tj ET Q q 0 0 0 rg BT 519.39 666.65 Td (and ) Tj ET Q q 0 0 0 rg BT 541.11 666.65 Td (year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 653.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 83.14 653.45 Td (December ) Tj ET Q q 0 0 0 rg BT 136.94 653.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 155.29 653.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 185.87 653.45 Td (and ) Tj ET Q q 0 0 0 rg BT 207.28 653.45 Td (2014. ) Tj ET Q q 0 0 0 rg BT 237.86 653.45 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 147 620.95 m 193 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193 620.95 m 197 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 620.95 m 243 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 620.95 m 294 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 620.95 m 298 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 620.95 m 340 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 620.95 m 404 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 620.95 m 408 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 620.95 m 465 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469 620.95 m 516 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 620.95 m 520 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 620.95 m 562 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 147 620.95 m 193 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 620.95 m 243 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 620.95 m 404 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 620.95 m 408 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 620.95 m 465 620.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 147 596.95 m 193 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 596.95 m 243 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 596.95 m 294 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 596.95 m 340 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 596.95 m 404 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 596.95 m 465 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469 596.95 m 516 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 596.95 m 562 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 147 596.95 m 193 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247 596.95 m 294 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 596.95 m 465 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469 596.95 m 516 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520 596.95 m 562 596.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 147 569.95 m 193 569.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 147 567.95 m 193 567.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 569.95 m 243 569.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 567.95 m 243 567.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 569.95 m 404 569.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 567.95 m 404 567.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 569.95 m 465 569.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 567.95 m 465 567.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 147 427.95 m 193 427.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 427.95 m 404 427.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 427.95 m 465 427.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 147 427.95 m 193 427.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 147 405.95 m 193 405.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 147 403.95 m 193 403.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 427.95 m 243 427.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 405.95 m 243 405.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 197 403.95 m 243 403.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 427.95 m 404 427.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 405.95 m 404 405.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 403.95 m 404 403.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 427.95 m 465 427.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 405.95 m 465 405.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 403.95 m 465 403.95 l s BT /F3 8.50 Tf ET q 0 0 0 rg BT 153.70 633.76 Td (Three months ended) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 166.85 625.26 Td (December 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 277.40 625.26 Td (Change) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 382.30 633.76 Td (Year ended) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 376.35 625.26 Td (December 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 499.40 625.26 Td (Change) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 160.00 609.76 Td (2015) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 150.10 601.26 Td (Historical) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 201.75 609.76 Td (2014 Pro ) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 204.60 601.26 Td (forma) Tj ET Q BT /F3 8.50 Tf ET BT /F3 5.52 Tf ET q 0 0 0 rg BT 228.22 605.32 Td (31) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 249.90 609.76 Td (Pro forma) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 266.20 601.26 Td (%) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 300.75 609.76 Td (Rebased) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 314.70 601.26 Td (%) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 364.00 609.76 Td (2015) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 354.10 601.26 Td (Historical) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 418.25 609.76 Td (2014 Pro ) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 421.10 601.26 Td (forma) Tj ET Q BT /F3 8.50 Tf ET BT /F3 5.52 Tf ET q 0 0 0 rg BT 444.72 605.32 Td (31) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 471.90 609.76 Td (Pro forma) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 488.20 601.26 Td (%) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 522.75 609.76 Td (Rebased) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 536.70 601.26 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 289.70 587.95 Td (in millions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 573.57 Td (Revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 93.45 573.17 Td (..................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 149.50 573.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 158.55 573.57 Td (614.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.50 573.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 208.50 573.57 Td (638.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.00 573.57 Td (\(3.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.25 573.57 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.00 573.57 Td (\(3.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.25 573.57 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 573.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.20 573.57 Td (2,472.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.50 573.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.20 573.57 Td (2,534.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 573.57 Td (\(2.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.25 573.57 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.00 573.57 Td (\(1.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.25 573.57 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 552.57 Td (Segment OCF) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 115.70 552.17 Td (..........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 149.50 552.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 158.55 552.57 Td (358.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.50 552.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 208.50 552.57 Td (342.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 267.30 552.57 Td (4.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.25 552.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.30 552.57 Td (1.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.25 552.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 552.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.20 552.57 Td (1,369.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.50 552.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.20 552.57 Td (1,397.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 552.57 Td (\(2.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.25 552.57 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.00 552.57 Td (\(2.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.25 552.57 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 538.17 Td (Share-based) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 528.17 Td (compensation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 518.22 Td (expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 99.00 518.22 Td (................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 166.35 520.57 Td (\(2.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 183.60 520.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.35 520.57 Td (\(6.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.60 520.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.35 520.57 Td (\(6.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.60 520.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.35 520.57 Td (\(8.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.60 520.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 506.17 Td (Related-party fees ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 496.17 Td (and allocations) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 127.21 500.94 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.15 496.17 Td (...) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 160.80 497.57 Td (\(44.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 183.60 497.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.75 497.57 Td (\(52.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.60 497.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.20 497.57 Td (\(152.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.60 497.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.20 497.57 Td (\(166.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.60 497.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 483.17 Td (Depreciation and) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 473.17 Td (amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 115.70 473.17 Td (..........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 155.20 474.57 Td (\(239.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 183.60 474.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.20 474.57 Td (\(243.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.60 474.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.90 474.57 Td (\(1,037.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.60 474.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.20 474.57 Td (\(941.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.60 474.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 460.17 Td (Impairment,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 450.17 Td (restructuring and) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 440.17 Td (other operating) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 430.22 Td (items, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 104.60 430.22 Td (..............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 160.80 432.57 Td (\(44.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 183.60 432.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.75 432.57 Td (\(76.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.60 432.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.80 432.57 Td (\(63.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.60 432.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.80 432.57 Td (\(82.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.60 432.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 418.17 Td (Operating income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 408.17 Td (\(loss\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.90 408.17 Td (....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 149.50 409.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 164.10 409.57 Td (26.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.50 409.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.75 409.57 Td (\(37.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.60 409.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.50 409.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.55 409.57 Td (108.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.50 409.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.55 409.57 Td (198.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 391.17 Td (Segment OCF as a) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 381.17 Td (percentage of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 371.22 Td (revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 99.00 371.22 Td (................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 164.10 373.57 Td (58.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 183.60 373.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 214.10 373.57 Td (53.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.60 373.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.10 373.57 Td (55.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.60 373.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.10 373.57 Td (55.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.60 373.57 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 344.25 Td (The ) Tj ET Q q 0 0 0 rg BT 71.22 344.25 Td (table ) Tj ET Q q 0 0 0 rg BT 97.84 344.25 Td (below ) Tj ET Q q 0 0 0 rg BT 129.35 344.25 Td (highlights ) Tj ET Q q 0 0 0 rg BT 178.60 344.25 Td (the ) Tj ET Q q 0 0 0 rg BT 196.66 344.25 Td (categories ) Tj ET Q q 0 0 0 rg BT 250.18 344.25 Td (of ) Tj ET Q q 0 0 0 rg BT 262.12 344.25 Td (our ) Tj ET Q q 0 0 0 rg BT 280.78 344.25 Td (property ) Tj ET Q q 0 0 0 rg BT 323.91 344.25 Td (and ) Tj ET Q q 0 0 0 rg BT 345.03 344.25 Td (equipment ) Tj ET Q q 0 0 0 rg BT 399.16 344.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 445.96 344.25 Td (for ) Tj ET Q q 0 0 0 rg BT 461.57 344.25 Td (the ) Tj ET Q q 0 0 0 rg BT 479.63 344.25 Td (indicated ) Tj ET Q q 0 0 0 rg BT 526.43 344.25 Td (periods ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 331.05 Td (and ) Tj ET Q q 0 0 0 rg BT 71.13 331.05 Td (reconciles ) Tj ET Q q 0 0 0 rg BT 123.92 331.05 Td (those ) Tj ET Q q 0 0 0 rg BT 154.10 331.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 201.41 331.05 Td (to ) Tj ET Q q 0 0 0 rg BT 213.85 331.05 Td (the ) Tj ET Q q 0 0 0 rg BT 232.42 331.05 Td (capital ) Tj ET Q q 0 0 0 rg BT 267.49 331.05 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 333.74 331.05 Td (that ) Tj ET Q q 0 0 0 rg BT 355.36 331.05 Td (we ) Tj ET Q q 0 0 0 rg BT 372.70 331.05 Td (present ) Tj ET Q q 0 0 0 rg BT 412.66 331.05 Td (in ) Tj ET Q q 0 0 0 rg BT 424.50 331.05 Td (our ) Tj ET Q q 0 0 0 rg BT 443.67 331.05 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 508.71 331.05 Td (statements ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 317.85 Td (of ) Tj ET Q q 0 0 0 rg BT 61.73 317.85 Td (cash ) Tj ET Q q 0 0 0 rg BT 88.02 317.85 Td (flows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 284.35 m 388 284.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 284.35 m 392 284.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 284.35 m 448 284.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 284.35 m 502 284.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 284.35 m 506 284.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 284.35 m 562 284.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 284.35 m 388 284.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 284.35 m 448 284.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 284.35 m 502 284.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 284.35 m 562 284.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 258.35 m 388 258.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 258.35 m 448 258.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 258.35 m 502 258.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 258.35 m 562 258.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 258.35 m 562 258.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 173.35000000000002 m 388 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 173.35000000000002 m 448 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 173.35000000000002 m 502 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 173.35000000000002 m 562 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 173.35000000000002 m 448 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 173.35000000000002 m 502 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 173.35000000000002 m 562 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 106.35000000000002 m 388 106.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 93.35000000000002 m 388 93.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 91.35000000000002 m 388 91.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 106.35000000000002 m 448 106.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 93.35000000000002 m 448 93.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 91.35000000000002 m 448 91.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 106.35000000000002 m 502 106.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 93.35000000000002 m 502 93.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452 91.35000000000002 m 502 91.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 106.35000000000002 m 562 106.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 93.35000000000002 m 562 93.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 91.35000000000002 m 562 91.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 91.35000000000002 m 448 91.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392 93.35000000000002 m 448 93.35000000000002 l s BT /F3 8.50 Tf ET q 0 0 0 rg BT 351.70 297.16 Td (Three months ended) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 364.85 288.66 Td (December 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 484.80 297.16 Td (Year ended) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 478.85 288.66 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 352.45 275.30 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.45 275.30 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 466.45 275.30 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 523.45 275.30 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.95 262.30 Td (Historical) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.95 262.30 Td (Pro forma) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 437.46 266.59 Td (31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.95 262.30 Td (Historical) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.95 262.30 Td (Pro forma) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 551.46 266.59 Td (31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 385.20 249.35 Td (in millions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 233.57 Td (Customer premises equipment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 190.00 233.57 Td (....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.50 233.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 233.57 Td (59.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.50 233.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.10 233.57 Td (34.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.50 233.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.55 233.57 Td (207.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.50 233.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 233.57 Td (137.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 219.57 Td (Scalable infrastructure) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.90 219.57 Td (.................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 219.57 Td (23.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.10 219.57 Td (27.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.10 219.57 Td (88.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 219.57 Td (103.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 205.57 Td (Line extensions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 123.30 205.57 Td (............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 205.57 Td (16.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.10 205.57 Td (12.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.10 205.57 Td (58.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 205.57 Td (45.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 191.57 Td (Upgrade/rebuild) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 126.10 191.57 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 191.57 Td (16.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.10 191.57 Td (18.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.10 191.57 Td (55.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 191.57 Td (73.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 177.57 Td (Support capital) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 120.55 177.57 Td (.............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 177.57 Td (23.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.10 177.57 Td (48.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.10 177.57 Td (74.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 177.57 Td (179.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 163.57 Td ( Property and equipment additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.00 163.57 Td (...........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.55 163.57 Td (140.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.55 163.57 Td (141.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.55 163.57 Td (483.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 163.57 Td (539.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 148.97 Td (Assets acquired under capital-related vendor financing) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 138.97 Td (arrangements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 126.10 138.57 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 355.80 138.97 Td (\(40.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.60 138.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.35 138.97 Td (\(2.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.60 138.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 469.80 138.97 Td (\(86.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.60 138.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.80 138.97 Td (\(13.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 138.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 124.57 Td (Assets acquired under capital leases) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 217.80 124.57 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.60 124.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.35 124.57 Td (\(0.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.60 124.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.35 124.57 Td (\(2.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.60 124.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.35 124.57 Td (\(3.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 124.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 110.57 Td (Changes in liabilities related to capital expenditures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.70 110.57 Td (...................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 355.80 110.57 Td (\(14.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.60 110.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.80 110.57 Td (\(11.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.60 110.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.35 110.57 Td (\(8.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.60 110.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.35 110.57 Td (\(4.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 110.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 96.57 Td ( ) Tj ET Q q 0 0 0 rg BT 76.32 96.57 Td (T) Tj ET Q q 0 0 0 rg BT 81.32 96.57 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 189.17 101.34 Td (21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.35 96.57 Td (.................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.50 96.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 96.57 Td (85.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.50 96.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.55 96.57 Td (127.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.50 96.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.55 96.57 Td (386.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.50 96.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 96.57 Td (518.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 78.57 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 326.15 78.57 Td (...) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.10 78.57 Td (22.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.60 78.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.10 78.57 Td (22.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.60 78.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.10 78.57 Td (19.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.60 78.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 78.57 Td (21.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 78.57 Td (%) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I59 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 (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 (During ) Tj ET Q q 0 0 0 rg BT 84.80 683.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 115.22 683.45 Td (we ) Tj ET Q q 0 0 0 rg BT 132.18 683.45 Td (lost ) Tj ET Q q 0 0 0 rg BT 152.20 683.45 Td (203,000 ) Tj ET Q q 0 0 0 rg BT 194.85 683.45 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 230.75 683.45 Td (including ) Tj ET Q q 0 0 0 rg BT 277.07 683.45 Td (52,000 ) Tj ET Q q 0 0 0 rg BT 313.61 683.45 Td (in ) Tj ET Q q 0 0 0 rg BT 325.07 683.45 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 345.69 683.45 Td (driven ) Tj ET Q q 0 0 0 rg BT 378.55 683.45 Td (by ) Tj ET Q q 0 0 0 rg BT 393.06 683.45 Td (lower ) Tj ET Q q 0 0 0 rg BT 422.25 683.45 Td (sales ) Tj ET Q q 0 0 0 rg BT 450.82 683.45 Td (and ) Tj ET Q q 0 0 0 rg BT 472.07 683.45 Td (higher ) Tj ET Q q 0 0 0 rg BT 505.55 683.45 Td (churn. ) Tj ET Q q 0 0 0 rg BT 539.01 683.45 Td ( ) Tj ET Q q 0 0 0 rg BT 541.72 683.45 Td (This ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 670.25 Td (decline ) Tj ET Q q 0 0 0 rg BT 87.98 670.25 Td (is ) Tj ET Q q 0 0 0 rg BT 99.55 670.25 Td (due ) Tj ET Q q 0 0 0 rg BT 121.52 670.25 Td (in ) Tj ET Q q 0 0 0 rg BT 133.70 670.25 Td (part ) Tj ET Q q 0 0 0 rg BT 156.28 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 169.07 670.25 Td (aggressive ) Tj ET Q q 0 0 0 rg BT 225.89 670.25 Td (competition, ) Tj ET Q q 0 0 0 rg BT 288.82 670.25 Td (operational ) Tj ET Q q 0 0 0 rg BT 346.87 670.25 Td (challenges ) Tj ET Q q 0 0 0 rg BT 403.09 670.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 459.30 670.25 Td (with ) Tj ET Q q 0 0 0 rg BT 482.48 670.25 Td (our ) Tj ET Q q 0 0 0 rg BT 502.00 670.25 Td (network ) 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 (product ) Tj ET Q q 0 0 0 rg BT 90.51 657.05 Td (harmonization ) Tj ET Q q 0 0 0 rg BT 163.93 657.05 Td (and ) Tj ET Q q 0 0 0 rg BT 186.61 657.05 Td (integration ) Tj ET Q q 0 0 0 rg BT 242.30 657.05 Td (work, ) Tj ET Q q 0 0 0 rg BT 272.91 657.05 Td (as ) Tj ET Q q 0 0 0 rg BT 288.85 657.05 Td (well ) Tj ET Q q 0 0 0 rg BT 312.13 657.05 Td (as ) Tj ET Q q 0 0 0 rg BT 328.07 657.05 Td (price ) Tj ET Q q 0 0 0 rg BT 356.24 657.05 Td (increases ) Tj ET Q q 0 0 0 rg BT 407.64 657.05 Td (we ) Tj ET Q q 0 0 0 rg BT 426.02 657.05 Td (initiated ) Tj ET Q q 0 0 0 rg BT 468.26 657.05 Td (across ) Tj ET Q q 0 0 0 rg BT 504.99 657.05 Td (our ) Tj ET Q q 0 0 0 rg BT 525.21 657.05 Td (existing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 643.85 Td (customer ) Tj ET Q q 0 0 0 rg BT 98.83 643.85 Td (base ) Tj ET Q q 0 0 0 rg BT 126.79 643.85 Td (during ) Tj ET Q q 0 0 0 rg BT 161.46 643.85 Td (the ) Tj ET Q q 0 0 0 rg BT 180.85 643.85 Td (year) Tj ET Q q 0 0 0 rg BT 201.65 643.85 Td (. ) Tj ET Q q 0 0 0 rg BT 208.80 643.85 Td (W) Tj ET Q q 0 0 0 rg BT 218.98 643.85 Td (e ) Tj ET Q q 0 0 0 rg BT 229.20 643.85 Td (believe ) Tj ET Q q 0 0 0 rg BT 268.16 643.85 Td (that ) Tj ET Q q 0 0 0 rg BT 290.61 643.85 Td (our ) Tj ET Q q 0 0 0 rg BT 310.60 643.85 Td (continued ) Tj ET Q q 0 0 0 rg BT 362.41 643.85 Td (focus ) Tj ET Q q 0 0 0 rg BT 392.80 643.85 Td (on ) Tj ET Q q 0 0 0 rg BT 409.13 643.85 Td (video ) Tj ET Q q 0 0 0 rg BT 439.53 643.85 Td (quality ) Tj ET Q q 0 0 0 rg BT 475.43 643.85 Td (and ) Tj ET Q q 0 0 0 rg BT 497.88 643.85 Td (the ) Tj ET Q q 0 0 0 rg BT 517.27 643.85 Td (customer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 630.65 Td (experience, ) Tj ET Q q 0 0 0 rg BT 109.97 630.65 Td (together ) Tj ET Q q 0 0 0 rg BT 153.93 630.65 Td (with ) Tj ET Q q 0 0 0 rg BT 177.09 630.65 Td (the ) Tj ET Q q 0 0 0 rg BT 195.98 630.65 Td (launch ) Tj ET Q q 0 0 0 rg BT 232.00 630.65 Td (of ) Tj ET Q q 0 0 0 rg BT 244.77 630.65 Td (the ) Tj ET Q q 0 0 0 rg BT 263.66 630.65 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 294.77 630.65 Td (Sport ) Tj ET Q q 0 0 0 rg BT 324.67 630.65 Td (channel ) Tj ET Q q 0 0 0 rg BT 366.80 630.65 Td (in ) Tj ET Q q 0 0 0 rg BT 378.96 630.65 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 400.29 630.65 Td (will ) Tj ET Q q 0 0 0 rg BT 419.16 630.65 Td (put ) Tj ET Q q 0 0 0 rg BT 438.05 630.65 Td (us ) Tj ET Q q 0 0 0 rg BT 453.27 630.65 Td (in ) Tj ET Q q 0 0 0 rg BT 465.43 630.65 Td (a ) Tj ET Q q 0 0 0 rg BT 475.15 630.65 Td (better ) Tj ET Q q 0 0 0 rg BT 506.87 630.65 Td (competitive ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 617.45 Td (position ) Tj ET Q q 0 0 0 rg BT 90.47 617.45 Td (in ) Tj ET Q q 0 0 0 rg BT 102.09 617.45 Td (2016.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 604.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 591.05 Td (With ) Tj ET Q q 0 0 0 rg BT 74.29 591.05 Td (respect ) Tj ET Q q 0 0 0 rg BT 113.15 591.05 Td (to ) Tj ET Q q 0 0 0 rg BT 125.11 591.05 Td (the ) Tj ET Q q 0 0 0 rg BT 143.19 591.05 Td (integration, ) Tj ET Q q 0 0 0 rg BT 200.41 591.05 Td (we ) Tj ET Q q 0 0 0 rg BT 217.26 591.05 Td (made ) Tj ET Q q 0 0 0 rg BT 247.56 591.05 Td (significant ) Tj ET Q q 0 0 0 rg BT 299.27 591.05 Td (progress ) Tj ET Q q 0 0 0 rg BT 344.85 591.05 Td (during ) Tj ET Q q 0 0 0 rg BT 378.22 591.05 Td (the ) Tj ET Q q 0 0 0 rg BT 396.30 591.05 Td (year) Tj ET Q q 0 0 0 rg BT 417.09 591.05 Td (, ) Tj ET Q q 0 0 0 rg BT 422.94 591.05 Td (as ) Tj ET Q q 0 0 0 rg BT 437.34 591.05 Td (we ) Tj ET Q q 0 0 0 rg BT 454.19 591.05 Td (completed ) Tj ET Q q 0 0 0 rg BT 507.74 591.05 Td (our ) Tj ET Q q 0 0 0 rg BT 526.42 591.05 Td (internal ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 577.85 Td (reorganization ) Tj ET Q q 0 0 0 rg BT 121.55 577.85 Td (as ) Tj ET Q q 0 0 0 rg BT 135.50 577.85 Td (well ) Tj ET Q q 0 0 0 rg BT 156.79 577.85 Td (as ) Tj ET Q q 0 0 0 rg BT 170.74 577.85 Td (harmonized ) Tj ET Q q 0 0 0 rg BT 230.56 577.85 Td (our ) Tj ET Q q 0 0 0 rg BT 248.79 577.85 Td (network ) Tj ET Q q 0 0 0 rg BT 289.65 577.85 Td (and ) Tj ET Q q 0 0 0 rg BT 310.33 577.85 Td (our ) Tj ET Q q 0 0 0 rg BT 328.57 577.85 Td (product ) Tj ET Q q 0 0 0 rg BT 367.60 577.85 Td (portfolios. ) Tj ET Q q 0 0 0 rg BT 417.62 577.85 Td (W) Tj ET Q q 0 0 0 rg BT 427.81 577.85 Td (e ) Tj ET Q q 0 0 0 rg BT 436.26 577.85 Td (eliminated ) Tj ET Q q 0 0 0 rg BT 488.74 577.85 Td (nearly ) Tj ET Q q 0 0 0 rg BT 521.04 577.85 Td (600 ) Tj ET Q q 0 0 0 rg BT 541.73 577.85 Td (FTE ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 564.65 Td (positions ) Tj ET Q q 0 0 0 rg BT 95.73 564.65 Td (during ) Tj ET Q q 0 0 0 rg BT 129.12 564.65 Td (2015, ) Tj ET Q q 0 0 0 rg BT 159.46 564.65 Td (the ) Tj ET Q q 0 0 0 rg BT 177.57 564.65 Td (benefit ) Tj ET Q q 0 0 0 rg BT 213.41 564.65 Td (of ) Tj ET Q q 0 0 0 rg BT 225.40 564.65 Td (which ) Tj ET Q q 0 0 0 rg BT 256.34 564.65 Td (will ) Tj ET Q q 0 0 0 rg BT 274.43 564.65 Td (be ) Tj ET Q q 0 0 0 rg BT 289.48 564.65 Td (partially ) Tj ET Q q 0 0 0 rg BT 330.19 564.65 Td (of) Tj ET Q q 0 0 0 rg BT 339.17 564.65 Td (fset ) Tj ET Q q 0 0 0 rg BT 359.71 564.65 Td (by ) Tj ET Q q 0 0 0 rg BT 374.15 564.65 Td (employees ) Tj ET Q q 0 0 0 rg BT 430.15 564.65 Td (expected ) Tj ET Q q 0 0 0 rg BT 477.61 564.65 Td (to ) Tj ET Q q 0 0 0 rg BT 489.60 564.65 Td (be ) Tj ET Q q 0 0 0 rg BT 504.65 564.65 Td (hired ) Tj ET Q q 0 0 0 rg BT 531.93 564.65 Td (during ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 551.45 Td (2016. ) Tj ET Q q 0 0 0 rg BT 80.75 551.45 Td (W) Tj ET Q q 0 0 0 rg BT 90.94 551.45 Td (e ) Tj ET Q q 0 0 0 rg BT 100.78 551.45 Td (are ) Tj ET Q q 0 0 0 rg BT 120.41 551.45 Td (gaining ) Tj ET Q q 0 0 0 rg BT 159.61 551.45 Td (traction ) Tj ET Q q 0 0 0 rg BT 199.41 551.45 Td (with ) Tj ET Q q 0 0 0 rg BT 222.70 551.45 Td (the ) Tj ET Q q 0 0 0 rg BT 241.72 551.45 Td (quality ) Tj ET Q q 0 0 0 rg BT 277.25 551.45 Td (program ) Tj ET Q q 0 0 0 rg BT 321.93 551.45 Td (that ) Tj ET Q q 0 0 0 rg BT 344.01 551.45 Td (was ) Tj ET Q q 0 0 0 rg BT 367.30 551.45 Td (initiated ) Tj ET Q q 0 0 0 rg BT 408.94 551.45 Td (in ) Tj ET Q q 0 0 0 rg BT 421.23 551.45 Td (July) Tj ET Q q 0 0 0 rg BT 439.97 551.45 Td (, ) Tj ET Q q 0 0 0 rg BT 446.76 551.45 Td (which ) Tj ET Q q 0 0 0 rg BT 478.61 551.45 Td (focuses ) Tj ET Q q 0 0 0 rg BT 520.24 551.45 Td (on ) Tj ET Q q 0 0 0 rg BT 536.21 551.45 Td (video ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 538.25 Td (quality ) Tj ET Q q 0 0 0 rg BT 83.63 538.25 Td (and ) Tj ET Q q 0 0 0 rg BT 104.31 538.25 Td (the ) Tj ET Q q 0 0 0 rg BT 121.93 538.25 Td (overall ) Tj ET Q q 0 0 0 rg BT 156.67 538.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 204.24 538.25 Td (experience. ) Tj ET Q q 0 0 0 rg BT 262.97 538.25 Td (As ) Tj ET Q q 0 0 0 rg BT 278.14 538.25 Td (a ) Tj ET Q q 0 0 0 rg BT 286.59 538.25 Td (result, ) Tj ET Q q 0 0 0 rg BT 318.88 538.25 Td (the ) Tj ET Q q 0 0 0 rg BT 336.50 538.25 Td (number ) Tj ET Q q 0 0 0 rg BT 376.13 538.25 Td (of ) Tj ET Q q 0 0 0 rg BT 387.63 538.25 Td (weekly ) Tj ET Q q 0 0 0 rg BT 423.58 538.25 Td (truck ) Tj ET Q q 0 0 0 rg BT 449.75 538.25 Td (rolls ) Tj ET Q q 0 0 0 rg BT 472.25 538.25 Td (and ) Tj ET Q q 0 0 0 rg BT 492.94 538.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 540.50 538.25 Td (calls ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 525.05 Td (have ) Tj ET Q q 0 0 0 rg BT 75.64 525.05 Td (decreased ) Tj ET Q q 0 0 0 rg BT 129.29 525.05 Td (significantly ) Tj ET Q q 0 0 0 rg BT 188.43 525.05 Td (throughout ) Tj ET Q q 0 0 0 rg BT 243.32 525.05 Td (the ) Tj ET Q q 0 0 0 rg BT 260.89 525.05 Td (last ) Tj ET Q q 0 0 0 rg BT 280.30 525.05 Td (five ) Tj ET Q q 0 0 0 rg BT 299.70 525.05 Td (months ) Tj ET Q q 0 0 0 rg BT 338.06 525.05 Td (of ) Tj ET Q q 0 0 0 rg BT 349.51 525.05 Td (the ) Tj ET Q q 0 0 0 rg BT 367.09 525.05 Td (year) Tj ET Q q 0 0 0 rg BT 387.88 525.05 Td (. ) Tj ET Q q 0 0 0 rg BT 392.77 525.05 Td (Additionally) Tj ET Q q 0 0 0 rg BT 448.21 525.05 Td (, ) Tj ET Q q 0 0 0 rg BT 453.55 525.05 Td (our ) Tj ET Q q 0 0 0 rg BT 471.73 525.05 Td (net ) Tj ET Q q 0 0 0 rg BT 489.31 525.05 Td (promoter ) Tj ET Q q 0 0 0 rg BT 535.61 525.05 Td (score ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 511.85 Td (\("NPS"\) ) Tj ET Q q 0 0 0 rg BT 89.00 511.85 Td (has ) Tj ET Q q 0 0 0 rg BT 108.47 511.85 Td (improved ) Tj ET Q q 0 0 0 rg BT 155.45 511.85 Td (and ) Tj ET Q q 0 0 0 rg BT 175.55 511.85 Td (is ) Tj ET Q q 0 0 0 rg BT 185.23 511.85 Td (near ) Tj ET Q q 0 0 0 rg BT 208.99 511.85 Td (pre-integration ) Tj ET Q q 0 0 0 rg BT 281.67 511.85 Td (levels. ) Tj ET Q q 0 0 0 rg BT 314.59 511.85 Td (Finally) Tj ET Q q 0 0 0 rg BT 345.56 511.85 Td (, ) Tj ET Q q 0 0 0 rg BT 350.35 511.85 Td (a ) Tj ET Q q 0 0 0 rg BT 358.21 511.85 Td (large ) Tj ET Q q 0 0 0 rg BT 384.41 511.85 Td (portion ) Tj ET Q q 0 0 0 rg BT 419.79 511.85 Td (of ) Tj ET Q q 0 0 0 rg BT 430.71 511.85 Td (the ) Tj ET Q q 0 0 0 rg BT 447.74 511.85 Td (network ) Tj ET Q q 0 0 0 rg BT 488.00 511.85 Td (and ) Tj ET Q q 0 0 0 rg BT 508.09 511.85 Td (information ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 498.65 Td (technology ) Tj ET Q q 0 0 0 rg BT 105.76 498.65 Td (issues ) Tj ET Q q 0 0 0 rg BT 140.00 498.65 Td (encountered ) Tj ET Q q 0 0 0 rg BT 204.21 498.65 Td (during ) Tj ET Q q 0 0 0 rg BT 237.85 498.65 Td (the ) Tj ET Q q 0 0 0 rg BT 256.20 498.65 Td (network ) Tj ET Q q 0 0 0 rg BT 297.77 498.65 Td (harmonization ) Tj ET Q q 0 0 0 rg BT 369.92 498.65 Td (process ) Tj ET Q q 0 0 0 rg BT 411.49 498.65 Td (were ) Tj ET Q q 0 0 0 rg BT 438.39 498.65 Td (resolved ) Tj ET Q q 0 0 0 rg BT 483.02 498.65 Td (by ) Tj ET Q q 0 0 0 rg BT 497.70 498.65 Td (year ) Tj ET Q q 0 0 0 rg BT 522.15 498.65 Td (end. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 472.25 Td (In ) Tj ET Q q 0 0 0 rg BT 60.87 472.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 90.56 472.25 Td (of ) Tj ET Q q 0 0 0 rg BT 101.93 472.25 Td (our ) Tj ET Q q 0 0 0 rg BT 120.03 472.25 Td (product ) Tj ET Q q 0 0 0 rg BT 158.91 472.25 Td (performance, ) Tj ET Q q 0 0 0 rg BT 225.92 472.25 Td (video ) Tj ET Q q 0 0 0 rg BT 254.41 472.25 Td (attrition ) Tj ET Q q 0 0 0 rg BT 292.68 472.25 Td (was ) Tj ET Q q 0 0 0 rg BT 314.43 472.25 Td (the ) Tj ET Q q 0 0 0 rg BT 331.92 472.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 383.03 472.25 Td (driver ) Tj ET Q q 0 0 0 rg BT 412.73 472.25 Td (to ) Tj ET Q q 0 0 0 rg BT 424.10 472.25 Td (our ) Tj ET Q q 0 0 0 rg BT 442.19 472.25 Td (RGU ) Tj ET Q q 0 0 0 rg BT 468.83 472.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 502.21 472.25 Td (during ) Tj ET Q q 0 0 0 rg BT 534.98 472.25 Td (2015. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 459.05 Td (Despite ) Tj ET Q q 0 0 0 rg BT 89.89 459.05 Td (churn ) Tj ET Q q 0 0 0 rg BT 120.50 459.05 Td (levels ) Tj ET Q q 0 0 0 rg BT 151.72 459.05 Td (being ) Tj ET Q q 0 0 0 rg BT 181.73 459.05 Td (in ) Tj ET Q q 0 0 0 rg BT 193.39 459.05 Td (line ) Tj ET Q q 0 0 0 rg BT 213.60 459.05 Td (with ) Tj ET Q q 0 0 0 rg BT 236.26 459.05 Td (Q3, ) Tj ET Q q 0 0 0 rg BT 257.08 459.05 Td (video ) Tj ET Q q 0 0 0 rg BT 286.48 459.05 Td (losses ) Tj ET Q q 0 0 0 rg BT 320.75 459.05 Td (increased ) Tj ET Q q 0 0 0 rg BT 371.54 459.05 Td (sequentially ) Tj ET Q q 0 0 0 rg BT 432.73 459.05 Td (by ) Tj ET Q q 0 0 0 rg BT 447.44 459.05 Td (8,000 ) Tj ET Q q 0 0 0 rg BT 478.06 459.05 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 511.10 459.05 Td (during ) Tj ET Q q 0 0 0 rg BT 544.77 459.05 Td (Q4, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 445.85 Td (primarily ) Tj ET Q q 0 0 0 rg BT 93.44 445.85 Td (due ) Tj ET Q q 0 0 0 rg BT 114.18 445.85 Td (to ) Tj ET Q q 0 0 0 rg BT 125.74 445.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 154.41 445.85 Td (sales ) Tj ET Q q 0 0 0 rg BT 182.48 445.85 Td (as ) Tj ET Q q 0 0 0 rg BT 196.48 445.85 Td (a ) Tj ET Q q 0 0 0 rg BT 204.99 445.85 Td (result ) Tj ET Q q 0 0 0 rg BT 234.27 445.85 Td (of ) Tj ET Q q 0 0 0 rg BT 245.83 445.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 274.50 445.85 Td (marketing ) Tj ET Q q 0 0 0 rg BT 325.19 445.85 Td (spend. ) Tj ET Q q 0 0 0 rg BT 360.45 445.85 Td (The ) Tj ET Q q 0 0 0 rg BT 381.79 445.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 410.46 445.85 Td (overall ) Tj ET Q q 0 0 0 rg BT 445.25 445.85 Td (video ) Tj ET Q q 0 0 0 rg BT 473.93 445.85 Td (RGU ) Tj ET Q q 0 0 0 rg BT 500.76 445.85 Td (performance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 432.65 Td (was ) Tj ET Q q 0 0 0 rg BT 72.36 432.65 Td (partly ) Tj ET Q q 0 0 0 rg BT 102.56 432.65 Td (of) Tj ET Q q 0 0 0 rg BT 111.53 432.65 Td (fset ) Tj ET Q q 0 0 0 rg BT 132.56 432.65 Td (by ) Tj ET Q q 0 0 0 rg BT 147.47 432.65 Td (higher ) Tj ET Q q 0 0 0 rg BT 181.35 432.65 Td (take-up ) Tj ET Q q 0 0 0 rg BT 221.34 432.65 Td (of ) Tj ET Q q 0 0 0 rg BT 233.81 432.65 Td (our ) Tj ET Q q 0 0 0 rg BT 253.01 432.65 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 293.99 432.65 Td (TV ) Tj ET Q q 0 0 0 rg BT 311.35 432.65 Td (product ) Tj ET Q q 0 0 0 rg BT 351.33 432.65 Td (bundles, ) Tj ET Q q 0 0 0 rg BT 396.22 432.65 Td (which ) Tj ET Q q 0 0 0 rg BT 427.64 432.65 Td (are ) Tj ET Q q 0 0 0 rg BT 446.84 432.65 Td (resonating ) Tj ET Q q 0 0 0 rg BT 501.50 432.65 Td (well ) Tj ET Q q 0 0 0 rg BT 523.75 432.65 Td (with ) Tj ET Q q 0 0 0 rg BT 546.61 432.65 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 419.45 Td (customers. ) Tj ET Q q 0 0 0 rg BT 104.92 419.45 Td (During ) Tj ET Q q 0 0 0 rg BT 138.94 419.45 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 158.30 419.45 Td (we ) Tj ET Q q 0 0 0 rg BT 173.98 419.45 Td (added ) Tj ET Q q 0 0 0 rg BT 206.19 419.45 Td (a ) Tj ET Q q 0 0 0 rg BT 213.93 419.45 Td (record ) Tj ET Q q 0 0 0 rg BT 246.74 419.45 Td (141,000 ) Tj ET Q q 0 0 0 rg BT 288.12 419.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 345.99 419.45 Td (to ) Tj ET Q q 0 0 0 rg BT 356.78 419.45 Td (our ) Tj ET Q q 0 0 0 rg BT 374.31 419.45 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 452.27 419.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 467.95 419.45 Td (platform, ) Tj ET Q q 0 0 0 rg BT 512.36 419.45 Td (increasing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 406.25 Td (our ) Tj ET Q q 0 0 0 rg BT 68.37 406.25 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 109.04 406.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 126.07 406.25 Td (base ) Tj ET Q q 0 0 0 rg BT 152.89 406.25 Td (to ) Tj ET Q q 0 0 0 rg BT 165.03 406.25 Td (706,000. ) Tj ET Q q 0 0 0 rg BT 210.81 406.25 Td (Replay ) Tj ET Q q 0 0 0 rg BT 247.83 406.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 264.85 406.25 Td (functionality) Tj ET Q q 0 0 0 rg BT 322.12 406.25 Td (, ) Tj ET Q q 0 0 0 rg BT 328.14 406.25 Td (which ) Tj ET Q q 0 0 0 rg BT 359.23 406.25 Td (is ) Tj ET Q q 0 0 0 rg BT 370.14 406.25 Td (part ) Tj ET Q q 0 0 0 rg BT 392.07 406.25 Td (of ) Tj ET Q q 0 0 0 rg BT 404.21 406.25 Td (our ) Tj ET Q q 0 0 0 rg BT 423.07 406.25 Td (new ) Tj ET Q q 0 0 0 rg BT 446.22 406.25 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 486.90 406.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 503.92 406.25 Td (service, ) Tj ET Q q 0 0 0 rg BT 544.78 406.25 Td (has ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 393.05 Td (been ) Tj ET Q q 0 0 0 rg BT 77.56 393.05 Td (well ) Tj ET Q q 0 0 0 rg BT 100.09 393.05 Td (received ) Tj ET Q q 0 0 0 rg BT 145.25 393.05 Td (by ) Tj ET Q q 0 0 0 rg BT 160.45 393.05 Td (our ) Tj ET Q q 0 0 0 rg BT 179.94 393.05 Td (customers ) Tj ET Q q 0 0 0 rg BT 234.26 393.05 Td (as ) Tj ET Q q 0 0 0 rg BT 249.46 393.05 Td (evidenced ) Tj ET Q q 0 0 0 rg BT 303.19 393.05 Td (by ) Tj ET Q q 0 0 0 rg BT 318.39 393.05 Td (the ) Tj ET Q q 0 0 0 rg BT 337.27 393.05 Td (addition ) Tj ET Q q 0 0 0 rg BT 379.39 393.05 Td (of ) Tj ET Q q 0 0 0 rg BT 392.15 393.05 Td (460,000 ) Tj ET Q q 0 0 0 rg BT 435.49 393.05 Td (active ) Tj ET Q q 0 0 0 rg BT 467.81 393.05 Td (users, ) Tj ET Q q 0 0 0 rg BT 501.35 393.05 Td (representing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 379.85 Td (65% ) Tj ET Q q 0 0 0 rg BT 74.14 379.85 Td (of ) Tj ET Q q 0 0 0 rg BT 85.93 379.85 Td (our ) Tj ET Q q 0 0 0 rg BT 104.45 379.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 144.80 379.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 161.48 379.85 Td (base, ) Tj ET Q q 0 0 0 rg BT 191.01 379.85 Td (since ) Tj ET Q q 0 0 0 rg BT 219.31 379.85 Td (the ) Tj ET Q q 0 0 0 rg BT 237.22 379.85 Td (feature ) Tj ET Q q 0 0 0 rg BT 274.09 379.85 Td (became ) Tj ET Q q 0 0 0 rg BT 315.84 379.85 Td (available ) Tj ET Q q 0 0 0 rg BT 361.88 379.85 Td (in ) Tj ET Q q 0 0 0 rg BT 372.55 379.85 Td (April. ) Tj ET Q q 0 0 0 rg BT 400.23 379.85 Td (In ) Tj ET Q q 0 0 0 rg BT 412.02 379.85 Td (addition, ) Tj ET Q q 0 0 0 rg BT 456.23 379.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 496.76 379.85 Td (Go, ) Tj ET Q q 0 0 0 rg BT 517.11 379.85 Td (our ) Tj ET Q q 0 0 0 rg BT 535.63 379.85 Td (multi-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 366.65 Td (screen ) Tj ET Q q 0 0 0 rg BT 84.96 366.65 Td (service ) Tj ET Q q 0 0 0 rg BT 122.25 366.65 Td (with ) Tj ET Q q 0 0 0 rg BT 144.25 366.65 Td (more ) Tj ET Q q 0 0 0 rg BT 171.76 366.65 Td (than ) Tj ET Q q 0 0 0 rg BT 195.61 366.65 Td (90 ) Tj ET Q q 0 0 0 rg BT 210.29 366.65 Td (linear ) Tj ET Q q 0 0 0 rg BT 239.64 366.65 Td (out-of-home ) Tj ET Q q 0 0 0 rg BT 301.39 366.65 Td (channels, ) Tj ET Q q 0 0 0 rg BT 350.92 366.65 Td (has ) Tj ET Q q 0 0 0 rg BT 371.10 366.65 Td (720,000 ) Tj ET Q q 0 0 0 rg BT 413.31 366.65 Td (active ) Tj ET Q q 0 0 0 rg BT 444.49 366.65 Td (users, ) Tj ET Q q 0 0 0 rg BT 476.89 366.65 Td (representing ) Tj ET Q q 0 0 0 rg BT 540.48 366.65 Td (22% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 353.45 Td (of ) Tj ET Q q 0 0 0 rg BT 60.77 353.45 Td (our ) Tj ET Q q 0 0 0 rg BT 78.77 353.45 Td (total ) Tj ET Q q 0 0 0 rg BT 101.65 353.45 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 152.07 353.45 Td (video ) Tj ET Q q 0 0 0 rg BT 180.47 353.45 Td (base. ) Tj ET Q q 0 0 0 rg BT 209.47 353.45 Td (Further) Tj ET Q q 0 0 0 rg BT 244.32 353.45 Td (, ) Tj ET Q q 0 0 0 rg BT 249.47 353.45 Td (My ) Tj ET Q q 0 0 0 rg BT 266.23 353.45 Td (Prime, ) Tj ET Q q 0 0 0 rg BT 300.11 353.45 Td (our ) Tj ET Q q 0 0 0 rg BT 318.11 353.45 Td (subscription-based ) Tj ET Q q 0 0 0 rg BT 412.53 353.45 Td (video ) Tj ET Q q 0 0 0 rg BT 440.93 353.45 Td (on-demand ) Tj ET Q q 0 0 0 rg BT 498.67 353.45 Td (service, ) Tj ET Q q 0 0 0 rg BT 538.67 353.45 Td (grew ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 340.25 Td (in ) Tj ET Q q 0 0 0 rg BT 61.37 340.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 92.17 340.25 Td (of ) Tj ET Q q 0 0 0 rg BT 104.66 340.25 Td (both ) Tj ET Q q 0 0 0 rg BT 129.37 340.25 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 188.92 340.25 Td (and ) Tj ET Q q 0 0 0 rg BT 210.58 340.25 Td (average ) Tj ET Q q 0 0 0 rg BT 253.64 340.25 Td (usage ) Tj ET Q q 0 0 0 rg BT 286.91 340.25 Td (per ) Tj ET Q q 0 0 0 rg BT 306.12 340.25 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 360.17 340.25 Td (during ) Tj ET Q q 0 0 0 rg BT 394.05 340.25 Td (the ) Tj ET Q q 0 0 0 rg BT 412.65 340.25 Td (period ) Tj ET Q q 0 0 0 rg BT 446.53 340.25 Td (from ) Tj ET Q q 0 0 0 rg BT 471.84 340.25 Td (Q2 ) Tj ET Q q 0 0 0 rg BT 489.82 340.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 517.60 340.25 Td (when ) Tj ET Q q 0 0 0 rg BT 547.20 340.25 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 327.05 Td (service ) Tj ET Q q 0 0 0 rg BT 85.91 327.05 Td (was ) Tj ET Q q 0 0 0 rg BT 107.04 327.05 Td (made ) Tj ET Q q 0 0 0 rg BT 136.13 327.05 Td (available ) Tj ET Q q 0 0 0 rg BT 181.12 327.05 Td (nation-wide, ) Tj ET Q q 0 0 0 rg BT 242.00 327.05 Td (through ) Tj ET Q q 0 0 0 rg BT 280.88 327.05 Td (year ) Tj ET Q q 0 0 0 rg BT 303.85 327.05 Td (end, ) Tj ET Q q 0 0 0 rg BT 326.83 327.05 Td (with ) Tj ET Q q 0 0 0 rg BT 347.96 327.05 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 405.77 327.05 Td (increasing ) Tj ET Q q 0 0 0 rg BT 457.48 327.05 Td (by ) Tj ET Q q 0 0 0 rg BT 470.67 327.05 Td (190,000 ) Tj ET Q q 0 0 0 rg BT 512.00 327.05 Td (to ) Tj ET Q q 0 0 0 rg BT 522.74 327.05 Td (300,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 313.85 Td (and ) Tj ET Q q 0 0 0 rg BT 70.91 313.85 Td (the ) Tj ET Q q 0 0 0 rg BT 89.26 313.85 Td (monthly ) Tj ET Q q 0 0 0 rg BT 130.83 313.85 Td (average ) Tj ET Q q 0 0 0 rg BT 173.64 313.85 Td (usage ) Tj ET Q q 0 0 0 rg BT 206.66 313.85 Td (per ) Tj ET Q q 0 0 0 rg BT 225.62 313.85 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 279.42 313.85 Td (increasing ) Tj ET Q q 0 0 0 rg BT 332.61 313.85 Td (by ) Tj ET Q q 0 0 0 rg BT 347.28 313.85 Td (13%. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 287.45 Td (On ) Tj ET Q q 0 0 0 rg BT 66.66 287.45 Td (November ) Tj ET Q q 0 0 0 rg BT 119.88 287.45 Td (12, ) Tj ET Q q 0 0 0 rg BT 137.65 287.45 Td (we ) Tj ET Q q 0 0 0 rg BT 154.20 287.45 Td (started ) Tj ET Q q 0 0 0 rg BT 190.31 287.45 Td (broadcasting ) Tj ET Q q 0 0 0 rg BT 255.78 287.45 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 285.78 287.45 Td (Sport, ) Tj ET Q q 0 0 0 rg BT 317.61 287.45 Td (an ) Tj ET Q q 0 0 0 rg BT 332.33 287.45 Td (exclusive ) Tj ET Q q 0 0 0 rg BT 380.05 287.45 Td (sports ) Tj ET Q q 0 0 0 rg BT 412.49 287.45 Td (channel ) Tj ET Q q 0 0 0 rg BT 453.50 287.45 Td (that ) Tj ET Q q 0 0 0 rg BT 474.33 287.45 Td (is ) Tj ET Q q 0 0 0 rg BT 484.76 287.45 Td (bundled ) Tj ET Q q 0 0 0 rg BT 526.39 287.45 Td (into ) Tj ET Q q 0 0 0 rg BT 546.61 287.45 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 274.25 Td (basic ) Tj ET Q q 0 0 0 rg BT 78.86 274.25 Td (cable ) Tj ET Q q 0 0 0 rg BT 108.84 274.25 Td (subscription ) Tj ET Q q 0 0 0 rg BT 171.21 274.25 Td (at ) Tj ET Q q 0 0 0 rg BT 184.06 274.25 Td (no ) Tj ET Q q 0 0 0 rg BT 199.98 274.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 250.75 274.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 274.61 274.25 Td (to ) Tj ET Q q 0 0 0 rg BT 287.46 274.25 Td (the ) Tj ET Q q 0 0 0 rg BT 306.43 274.25 Td (customer) Tj ET Q q 0 0 0 rg BT 351.06 274.25 Td (. ) Tj ET Q q 0 0 0 rg BT 357.79 274.25 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 388.99 274.25 Td (Sport ) Tj ET Q q 0 0 0 rg BT 418.96 274.25 Td (of) Tj ET Q q 0 0 0 rg BT 427.94 274.25 Td (fers ) Tj ET Q q 0 0 0 rg BT 449.95 274.25 Td (a ) Tj ET Q q 0 0 0 rg BT 459.75 274.25 Td (wide ) Tj ET Q q 0 0 0 rg BT 486.05 274.25 Td (selection ) Tj ET Q q 0 0 0 rg BT 533.15 274.25 Td (of ) Tj ET Q q 0 0 0 rg BT 546.00 274.25 Td (live ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 261.05 Td (sports ) Tj ET Q q 0 0 0 rg BT 82.34 261.05 Td (programs, ) Tj ET Q q 0 0 0 rg BT 134.74 261.05 Td (which ) Tj ET Q q 0 0 0 rg BT 165.74 261.05 Td (has ) Tj ET Q q 0 0 0 rg BT 186.36 261.05 Td (received ) Tj ET Q q 0 0 0 rg BT 230.82 261.05 Td (widespread ) Tj ET Q q 0 0 0 rg BT 289.96 261.05 Td (positive ) Tj ET Q q 0 0 0 rg BT 330.14 261.05 Td (media ) Tj ET Q q 0 0 0 rg BT 362.98 261.05 Td (and ) Tj ET Q q 0 0 0 rg BT 384.22 261.05 Td (customer ) Tj ET Q q 0 0 0 rg BT 432.34 261.05 Td (reviews ) Tj ET Q q 0 0 0 rg BT 472.51 261.05 Td (and ) Tj ET Q q 0 0 0 rg BT 493.74 261.05 Td (helped ) Tj ET Q q 0 0 0 rg BT 529.66 261.05 Td (drive ) Tj ET Q q 0 0 0 rg BT 556.38 261.05 Td (a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 247.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 85.19 247.85 Td (NPS ) Tj ET Q q 0 0 0 rg BT 112.91 247.85 Td (during ) Tj ET Q q 0 0 0 rg BT 148.60 247.85 Td (Q4.) 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 166.33 247.85 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 170.42 247.85 Td (Almost ) Tj ET Q q 0 0 0 rg BT 209.15 247.85 Td (20% ) Tj ET Q q 0 0 0 rg BT 236.27 247.85 Td (of ) Tj ET Q q 0 0 0 rg BT 250.55 247.85 Td (new ) Tj ET Q q 0 0 0 rg BT 275.84 247.85 Td (bundled ) Tj ET Q q 0 0 0 rg BT 320.10 247.85 Td (customers ) Tj ET Q q 0 0 0 rg BT 375.94 247.85 Td (mention ) Tj ET Q q 0 0 0 rg BT 420.18 247.85 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 452.81 247.85 Td (Sport ) Tj ET Q q 0 0 0 rg BT 484.20 247.85 Td (as ) Tj ET Q q 0 0 0 rg BT 500.93 247.85 Td (a ) Tj ET Q q 0 0 0 rg BT 512.16 247.85 Td (motive ) Tj ET Q q 0 0 0 rg BT 549.66 247.85 Td (for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 234.65 Td (subscribing. ) Tj ET Q q 0 0 0 rg BT 111.06 234.65 Td (In ) Tj ET Q q 0 0 0 rg BT 123.10 234.65 Td (December) Tj ET Q q 0 0 0 rg BT 173.23 234.65 Td (, ) Tj ET Q q 0 0 0 rg BT 179.15 234.65 Td (we ) Tj ET Q q 0 0 0 rg BT 196.08 234.65 Td (secured ) Tj ET Q q 0 0 0 rg BT 238.08 234.65 Td (the ) Tj ET Q q 0 0 0 rg BT 256.24 234.65 Td (rights ) Tj ET Q q 0 0 0 rg BT 286.00 234.65 Td (to ) Tj ET Q q 0 0 0 rg BT 298.04 234.65 Td (the ) Tj ET Q q 0 0 0 rg BT 316.20 234.65 Td (English ) Tj ET Q q 0 0 0 rg BT 355.14 234.65 Td (Premier ) Tj ET Q q 0 0 0 rg BT 396.51 234.65 Td (League ) Tj ET Q q 0 0 0 rg BT 436.08 234.65 Td (for ) Tj ET Q q 0 0 0 rg BT 451.78 234.65 Td (the ) Tj ET Q q 0 0 0 rg BT 469.94 234.65 Td (next ) Tj ET Q q 0 0 0 rg BT 493.60 234.65 Td (three ) Tj ET Q q 0 0 0 rg BT 521.53 234.65 Td (seasons ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 221.45 Td (and ) Tj ET Q q 0 0 0 rg BT 70.75 221.45 Td (signed ) Tj ET Q q 0 0 0 rg BT 106.06 221.45 Td (Daphne ) Tj ET Q q 0 0 0 rg BT 147.48 221.45 Td (Schippers, ) Tj ET Q q 0 0 0 rg BT 202.35 221.45 Td (the ) Tj ET Q q 0 0 0 rg BT 220.54 221.45 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 252.17 221.45 Td (winner ) Tj ET Q q 0 0 0 rg BT 287.47 221.45 Td (of ) Tj ET Q q 0 0 0 rg BT 299.54 221.45 Td (the ) Tj ET Q q 0 0 0 rg BT 317.72 221.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 345.09 221.45 Td (Beijing ) Tj ET Q q 0 0 0 rg BT 381.00 221.45 Td (gold ) Tj ET Q q 0 0 0 rg BT 404.70 221.45 Td (medal ) Tj ET Q q 0 0 0 rg BT 437.55 221.45 Td (in ) Tj ET Q q 0 0 0 rg BT 449.01 221.45 Td (the ) Tj ET Q q 0 0 0 rg BT 467.19 221.45 Td (women's ) Tj ET Q q 0 0 0 rg BT 513.15 221.45 Td (200 ) Tj ET Q q 0 0 0 rg BT 534.40 221.45 Td (meter ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 208.25 Td (race, ) Tj ET Q q 0 0 0 rg BT 78.18 208.25 Td (to ) Tj ET Q q 0 0 0 rg BT 91.57 208.25 Td (be ) Tj ET Q q 0 0 0 rg BT 108.03 208.25 Td (one ) Tj ET Q q 0 0 0 rg BT 130.60 208.25 Td (of ) Tj ET Q q 0 0 0 rg BT 144.00 208.25 Td (our ) Tj ET Q q 0 0 0 rg BT 164.12 208.25 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 195.86 208.25 Td (Sport ) Tj ET Q q 0 0 0 rg BT 226.37 208.25 Td (ambassadors. ) Tj ET Q q 0 0 0 rg BT 299.41 208.25 Td (The ) Tj ET Q q 0 0 0 rg BT 322.58 208.25 Td (launch ) Tj ET Q q 0 0 0 rg BT 359.22 208.25 Td (of ) Tj ET Q q 0 0 0 rg BT 372.61 208.25 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 404.35 208.25 Td (Sport, ) Tj ET Q q 0 0 0 rg BT 437.92 208.25 Td (together ) Tj ET Q q 0 0 0 rg BT 482.51 208.25 Td (with ) Tj ET Q q 0 0 0 rg BT 506.29 208.25 Td (the ) Tj ET Q q 0 0 0 rg BT 525.80 208.25 Td (product ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 195.05 Td (innovations ) Tj ET Q q 0 0 0 rg BT 107.20 195.05 Td (mentioned ) Tj ET Q q 0 0 0 rg BT 160.62 195.05 Td (above ) Tj ET Q q 0 0 0 rg BT 192.64 195.05 Td (and ) Tj ET Q q 0 0 0 rg BT 213.04 195.05 Td (the ) Tj ET Q q 0 0 0 rg BT 230.39 195.05 Td (improved ) Tj ET Q q 0 0 0 rg BT 277.68 195.05 Td (reliability ) Tj ET Q q 0 0 0 rg BT 322.52 195.05 Td (of ) Tj ET Q q 0 0 0 rg BT 333.74 195.05 Td (our ) Tj ET Q q 0 0 0 rg BT 351.69 195.05 Td (network, ) Tj ET Q q 0 0 0 rg BT 395.31 195.05 Td (are ) Tj ET Q q 0 0 0 rg BT 413.26 195.05 Td (expected ) Tj ET Q q 0 0 0 rg BT 459.96 195.05 Td (to ) Tj ET Q q 0 0 0 rg BT 471.18 195.05 Td (positively ) Tj ET Q q 0 0 0 rg BT 518.47 195.05 Td (influence ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 181.85 Td (our ) Tj ET Q q 0 0 0 rg BT 68.45 181.85 Td (video ) Tj ET Q q 0 0 0 rg BT 97.81 181.85 Td (performance.) 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 60.91 155.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 115.75 155.45 Td (internet, ) Tj ET Q q 0 0 0 rg BT 157.74 155.45 Td (the ) Tj ET Q q 0 0 0 rg BT 175.27 155.45 Td (extended ) Tj ET Q q 0 0 0 rg BT 222.77 155.45 Td (promotional ) Tj ET Q q 0 0 0 rg BT 282.48 155.45 Td (period ) Tj ET Q q 0 0 0 rg BT 315.30 155.45 Td (for ) Tj ET Q q 0 0 0 rg BT 330.38 155.45 Td (new ) Tj ET Q q 0 0 0 rg BT 352.79 155.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 411.27 155.45 Td (that ) Tj ET Q q 0 0 0 rg BT 431.86 155.45 Td (we ) Tj ET Q q 0 0 0 rg BT 448.16 155.45 Td (introduced ) Tj ET Q q 0 0 0 rg BT 501.76 155.45 Td (in ) Tj ET Q q 0 0 0 rg BT 512.56 155.45 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 529.48 155.45 Td (helped ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 142.25 Td (contribute ) Tj ET Q q 0 0 0 rg BT 100.72 142.25 Td (to ) Tj ET Q q 0 0 0 rg BT 112.80 142.25 Td (the ) Tj ET Q q 0 0 0 rg BT 131.00 142.25 Td (35,000 ) Tj ET Q q 0 0 0 rg BT 167.56 142.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 200.41 142.25 Td (added ) Tj ET Q q 0 0 0 rg BT 233.91 142.25 Td (during ) Tj ET Q q 0 0 0 rg BT 267.40 142.25 Td (the ) Tj ET Q q 0 0 0 rg BT 285.60 142.25 Td (year) Tj ET Q q 0 0 0 rg BT 306.39 142.25 Td (, ) Tj ET Q q 0 0 0 rg BT 312.35 142.25 Td (despite ) Tj ET Q q 0 0 0 rg BT 350.73 142.25 Td (a ) Tj ET Q q 0 0 0 rg BT 359.76 142.25 Td (sequential ) Tj ET Q q 0 0 0 rg BT 412.82 142.25 Td (decline ) Tj ET Q q 0 0 0 rg BT 450.59 142.25 Td (in ) Tj ET Q q 0 0 0 rg BT 462.06 142.25 Td (RGU ) Tj ET Q q 0 0 0 rg BT 489.41 142.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 536.36 142.25 Td (in ) Tj ET Q q 0 0 0 rg BT 547.83 142.25 Td (Q4 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 129.05 Td (to ) Tj ET Q q 0 0 0 rg BT 61.39 129.05 Td (7,000. ) Tj ET Q q 0 0 0 rg BT 94.68 129.05 Td ( ) Tj ET Q q 0 0 0 rg BT 97.21 129.05 Td (The ) Tj ET Q q 0 0 0 rg BT 118.88 129.05 Td (lower ) Tj ET Q q 0 0 0 rg BT 147.88 129.05 Td (net ) Tj ET Q q 0 0 0 rg BT 165.88 129.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 212.63 129.05 Td (in ) Tj ET Q q 0 0 0 rg BT 223.90 129.05 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 241.28 129.05 Td (were ) Tj ET Q q 0 0 0 rg BT 267.84 129.05 Td (driven, ) Tj ET Q q 0 0 0 rg BT 303.56 129.05 Td (in ) Tj ET Q q 0 0 0 rg BT 314.84 129.05 Td (part, ) Tj ET Q q 0 0 0 rg BT 339.56 129.05 Td (by ) Tj ET Q q 0 0 0 rg BT 353.89 129.05 Td (lower ) Tj ET Q q 0 0 0 rg BT 382.89 129.05 Td (marketing ) Tj ET Q q 0 0 0 rg BT 433.89 129.05 Td (spend ) Tj ET Q q 0 0 0 rg BT 466.58 129.05 Td (and ) Tj ET Q q 0 0 0 rg BT 487.64 129.05 Td (reduced ) Tj ET Q q 0 0 0 rg BT 530.10 129.05 Td (up-sell ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 115.85 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 96.85 115.85 Td (in ) Tj ET Q q 0 0 0 rg BT 107.53 115.85 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 127.37 115.85 Td (as ) Tj ET Q q 0 0 0 rg BT 141.10 115.85 Td (compared ) Tj ET Q q 0 0 0 rg BT 192.13 115.85 Td (to ) Tj ET Q q 0 0 0 rg BT 203.42 115.85 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 220.21 115.85 Td (2015. ) Tj ET Q q 0 0 0 rg BT 249.43 115.85 Td (Although ) Tj ET Q q 0 0 0 rg BT 294.96 115.85 Td (we ) Tj ET Q q 0 0 0 rg BT 311.14 115.85 Td (are ) Tj ET Q q 0 0 0 rg BT 329.15 115.85 Td (currently ) Tj ET Q q 0 0 0 rg BT 373.44 115.85 Td (the ) Tj ET Q q 0 0 0 rg BT 390.85 115.85 Td (leader ) Tj ET Q q 0 0 0 rg BT 423.54 115.85 Td (in ) Tj ET Q q 0 0 0 rg BT 434.21 115.85 Td (internet ) Tj ET Q q 0 0 0 rg BT 473.02 115.85 Td (speed ) Tj ET Q q 0 0 0 rg BT 505.10 115.85 Td (in ) Tj ET Q q 0 0 0 rg BT 515.78 115.85 Td (a ) Tj ET Q q 0 0 0 rg BT 524.01 115.85 Td (majority ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 102.65 Td (of ) Tj ET Q q 0 0 0 rg BT 61.84 102.65 Td (the ) Tj ET Q q 0 0 0 rg BT 80.30 102.65 Td (Netherlands, ) Tj ET Q q 0 0 0 rg BT 145.84 102.65 Td (we ) Tj ET Q q 0 0 0 rg BT 163.07 102.65 Td (have ) Tj ET Q q 0 0 0 rg BT 190.10 102.65 Td (begun ) Tj ET Q q 0 0 0 rg BT 223.85 102.65 Td (the ) Tj ET Q q 0 0 0 rg BT 242.31 102.65 Td (trial ) Tj ET Q q 0 0 0 rg BT 263.21 102.65 Td (phase ) Tj ET Q q 0 0 0 rg BT 296.35 102.65 Td (of ) Tj ET Q q 0 0 0 rg BT 308.69 102.65 Td ( ) Tj ET Q q 0 0 0 rg BT 311.86 102.65 Td (Euro ) Tj ET Q q 0 0 0 rg BT 338.27 102.65 Td (DOCSIS ) Tj ET Q q 0 0 0 rg BT 383.61 102.65 Td (3.1 ) Tj ET Q q 0 0 0 rg BT 402.07 102.65 Td (technology) Tj ET Q q 0 0 0 rg BT 454.46 102.65 Td (, ) Tj ET Q q 0 0 0 rg BT 460.69 102.65 Td (which ) Tj ET Q q 0 0 0 rg BT 491.98 102.65 Td (we ) Tj ET Q q 0 0 0 rg BT 509.21 102.65 Td (believe ) Tj ET Q q 0 0 0 rg BT 547.24 102.65 Td (will ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 89.45 Td (allow ) Tj ET Q q 0 0 0 rg BT 77.97 89.45 Td (us ) Tj ET Q q 0 0 0 rg BT 92.99 89.45 Td (to ) Tj ET Q q 0 0 0 rg BT 105.57 89.45 Td (boost ) Tj ET Q q 0 0 0 rg BT 135.88 89.45 Td (our ) Tj ET Q q 0 0 0 rg BT 155.18 89.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 211.18 89.45 Td (speeds ) Tj ET Q q 0 0 0 rg BT 250.06 89.45 Td (to ) Tj ET Q q 0 0 0 rg BT 262.63 89.45 Td (1 ) Tj ET Q q 0 0 0 rg BT 272.15 89.45 Td (Gbps ) Tj ET Q q 0 0 0 rg BT 301.85 89.45 Td (over ) Tj ET Q q 0 0 0 rg BT 326.65 89.45 Td (time ) Tj ET Q q 0 0 0 rg BT 350.83 89.45 Td (in ) Tj ET Q q 0 0 0 rg BT 362.80 89.45 Td (a ) Tj ET Q q 0 0 0 rg BT 372.32 89.45 Td (cost ) Tj ET Q q 0 0 0 rg BT 395.89 89.45 Td (ef) Tj ET Q q 0 0 0 rg BT 404.87 89.45 Td (fective ) Tj ET Q q 0 0 0 rg BT 440.06 89.45 Td (manner) Tj ET Q q 0 0 0 rg BT 476.75 89.45 Td (. ) Tj ET Q q 0 0 0 rg BT 483.21 89.45 Td (In ) Tj ET Q q 0 0 0 rg BT 495.79 89.45 Td (terms ) Tj ET Q q 0 0 0 rg BT 526.69 89.45 Td (of ) Tj ET Q q 0 0 0 rg BT 539.26 89.45 Td (fixed ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 76.25 Td (telephony) Tj ET Q q 0 0 0 rg BT 96.39 76.25 Td (, ) Tj ET Q q 0 0 0 rg BT 103.28 76.25 Td (we ) Tj ET Q q 0 0 0 rg BT 121.18 76.25 Td (reduced ) Tj ET Q q 0 0 0 rg BT 164.76 76.25 Td (our ) Tj ET Q q 0 0 0 rg BT 184.50 76.25 Td (RGU ) Tj ET Q q 0 0 0 rg BT 212.78 76.25 Td (net ) Tj ET Q q 0 0 0 rg BT 231.90 76.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 266.92 76.25 Td (slightly ) Tj ET Q q 0 0 0 rg BT 304.37 76.25 Td (to ) Tj ET Q q 0 0 0 rg BT 317.38 76.25 Td (7,000, ) Tj ET Q q 0 0 0 rg BT 351.80 76.25 Td (as ) Tj ET Q q 0 0 0 rg BT 367.25 76.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 420.00 76.25 Td (to ) Tj ET Q q 0 0 0 rg BT 433.01 76.25 Td (the ) Tj ET Q q 0 0 0 rg BT 452.14 76.25 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 503.04 76.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 540.51 76.25 Td (With ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 63.05 Td (respect ) Tj ET Q q 0 0 0 rg BT 89.94 63.05 Td (to ) Tj ET Q q 0 0 0 rg BT 103.47 63.05 Td (our ) Tj ET Q q 0 0 0 rg BT 123.73 63.05 Td (mobile ) Tj ET Q q 0 0 0 rg BT 160.50 63.05 Td (business, ) Tj ET Q q 0 0 0 rg BT 211.34 63.05 Td (we ) Tj ET Q q 0 0 0 rg BT 229.76 63.05 Td (added ) Tj ET Q q 0 0 0 rg BT 264.71 63.05 Td (57,000 ) Tj ET Q q 0 0 0 rg BT 302.72 63.05 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 363.32 63.05 Td (during ) Tj ET Q q 0 0 0 rg BT 398.26 63.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 430.15 63.05 Td (including ) Tj ET Q q 0 0 0 rg BT 477.94 63.05 Td (6,000 ) Tj ET Q q 0 0 0 rg BT 509.83 63.05 Td (during ) Tj ET Q q 0 0 0 rg BT 544.77 63.05 Td (Q4, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 49.85 Td (bringing ) Tj ET Q q 0 0 0 rg BT 91.39 49.85 Td (our ) Tj ET Q q 0 0 0 rg BT 110.04 49.85 Td (total ) Tj ET Q q 0 0 0 rg BT 133.58 49.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 168.73 49.85 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 222.22 49.85 Td (count ) Tj ET Q q 0 0 0 rg BT 251.88 49.85 Td (to ) Tj ET Q q 0 0 0 rg BT 263.81 49.85 Td (187,000. ) Tj ET Q q 0 0 0 rg BT 309.38 49.85 Td (In ) Tj ET Q q 0 0 0 rg BT 321.30 49.85 Td (October) Tj ET Q q 0 0 0 rg BT 359.82 49.85 Td (, ) Tj ET Q q 0 0 0 rg BT 365.63 49.85 Td (we ) Tj ET Q q 0 0 0 rg BT 382.44 49.85 Td (launched ) Tj ET Q q 0 0 0 rg BT 429.84 49.85 Td (our ) Tj ET Q q 0 0 0 rg BT 448.49 49.85 Td (new ) Tj ET Q q 0 0 0 rg BT 471.42 49.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 506.57 49.85 Td (portfolios ) Tj ET Q q 0 0 0 rg BT 553.95 49.85 Td (in ) Tj ET Q /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I60 Do Q endstream endobj 45 0 obj <> endobj 46 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 (22) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 712.00 Td (the ) Tj ET Q q 0 0 0 rg BT 67.53 712.00 Td (consumer ) Tj ET Q q 0 0 0 rg BT 118.56 712.00 Td (and ) Tj ET Q q 0 0 0 rg BT 139.64 712.00 Td (business ) Tj ET Q q 0 0 0 rg BT 185.79 712.00 Td (markets, ) Tj ET Q q 0 0 0 rg BT 230.70 712.00 Td (which ) Tj ET Q q 0 0 0 rg BT 261.56 712.00 Td (includes ) Tj ET Q q 0 0 0 rg BT 304.65 712.00 Td (4G ) Tj ET Q q 0 0 0 rg BT 322.06 712.00 Td (speeds, ) Tj ET Q q 0 0 0 rg BT 363.32 712.00 Td (up ) Tj ET Q q 0 0 0 rg BT 378.29 712.00 Td (to ) Tj ET Q q 0 0 0 rg BT 390.19 712.00 Td (6 ) Tj ET Q q 0 0 0 rg BT 399.05 712.00 Td (GB ) Tj ET Q q 0 0 0 rg BT 417.67 712.00 Td (of ) Tj ET Q q 0 0 0 rg BT 429.58 712.00 Td (data ) Tj ET Q q 0 0 0 rg BT 453.72 712.00 Td (and ) Tj ET Q q 0 0 0 rg BT 474.81 712.00 Td (more ) Tj ET Q q 0 0 0 rg BT 502.61 712.00 Td (value ) Tj ET Q q 0 0 0 rg BT 531.64 712.00 Td (for ) 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 49.50 698.80 Td (customer) Tj ET Q q 0 0 0 rg BT 94.13 698.80 Td (, ) Tj ET Q q 0 0 0 rg BT 100.49 698.80 Td (such ) Tj ET Q q 0 0 0 rg BT 127.02 698.80 Td (as ) Tj ET Q q 0 0 0 rg BT 141.94 698.80 Td (roaming-free ) Tj ET Q q 0 0 0 rg BT 207.60 698.80 Td (calls ) Tj ET Q q 0 0 0 rg BT 232.91 698.80 Td (to ) Tj ET Q q 0 0 0 rg BT 245.39 698.80 Td (Dutch ) Tj ET Q q 0 0 0 rg BT 277.43 698.80 Td (telephone ) Tj ET Q q 0 0 0 rg BT 329.05 698.80 Td (numbers ) Tj ET Q q 0 0 0 rg BT 375.15 698.80 Td (from ) Tj ET Q q 0 0 0 rg BT 400.45 698.80 Td (anywhere ) Tj ET Q q 0 0 0 rg BT 451.45 698.80 Td (in ) Tj ET Q q 0 0 0 rg BT 463.31 698.80 Td (Europe. ) Tj ET Q q 0 0 0 rg BT 505.14 698.80 Td (In ) Tj ET Q q 0 0 0 rg BT 517.62 698.80 Td (2016, ) Tj ET Q q 0 0 0 rg BT 548.45 698.80 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 685.60 Td (believe ) Tj ET Q q 0 0 0 rg BT 87.54 685.60 Td (we ) Tj ET Q q 0 0 0 rg BT 104.77 685.60 Td (can ) Tj ET Q q 0 0 0 rg BT 125.69 685.60 Td (reduce ) Tj ET Q q 0 0 0 rg BT 162.50 685.60 Td (churn ) Tj ET Q q 0 0 0 rg BT 193.19 685.60 Td (through ) Tj ET Q q 0 0 0 rg BT 233.68 685.60 Td (a ) Tj ET Q q 0 0 0 rg BT 242.97 685.60 Td (more ) Tj ET Q q 0 0 0 rg BT 271.21 685.60 Td (aggressive ) Tj ET Q q 0 0 0 rg BT 327.58 685.60 Td (push ) Tj ET Q q 0 0 0 rg BT 354.61 685.60 Td (into ) Tj ET Q q 0 0 0 rg BT 375.53 685.60 Td (quad-play ) Tj ET Q q 0 0 0 rg BT 427.02 685.60 Td (and ) Tj ET Q q 0 0 0 rg BT 448.55 685.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 484.13 685.60 Td (up-selling ) Tj ET Q q 0 0 0 rg BT 534.39 685.60 Td (within ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 672.40 Td (our ) Tj ET Q q 0 0 0 rg BT 68.45 672.40 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 115.53 672.40 Td (customer ) Tj ET Q q 0 0 0 rg BT 163.82 672.40 Td (base. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 646.00 Td (On ) Tj ET Q q 0 0 0 rg BT 67.65 646.00 Td (the ) Tj ET Q q 0 0 0 rg BT 86.41 646.00 Td (B2B) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 107.21 651.25 Td (24) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 115.16 646.00 Td ( ) Tj ET Q q 0 0 0 rg BT 118.63 646.00 Td (front, ) Tj ET Q q 0 0 0 rg BT 147.17 646.00 Td (we ) Tj ET Q q 0 0 0 rg BT 164.71 646.00 Td (launched ) Tj ET Q q 0 0 0 rg BT 212.83 646.00 Td (a ) Tj ET Q q 0 0 0 rg BT 222.42 646.00 Td (new ) Tj ET Q q 0 0 0 rg BT 246.08 646.00 Td (six-month ) Tj ET Q q 0 0 0 rg BT 297.23 646.00 Td (promotion ) Tj ET Q q 0 0 0 rg BT 349.62 646.00 Td (for ) Tj ET Q q 0 0 0 rg BT 365.93 646.00 Td (our ) Tj ET Q q 0 0 0 rg BT 385.30 646.00 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 421.17 646.00 Td (bundles ) Tj ET Q q 0 0 0 rg BT 463.18 646.00 Td (that ) Tj ET Q q 0 0 0 rg BT 485.00 646.00 Td (of) Tj ET Q q 0 0 0 rg BT 493.97 646.00 Td (fers ) Tj ET Q q 0 0 0 rg BT 515.78 646.00 Td (up ) Tj ET Q q 0 0 0 rg BT 531.49 646.00 Td (to ) Tj ET Q q 0 0 0 rg BT 544.14 646.00 Td (500 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 632.80 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 79.18 632.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 134.56 632.80 Td (download ) Tj ET Q q 0 0 0 rg BT 184.44 632.80 Td (and ) Tj ET Q q 0 0 0 rg BT 205.57 632.80 Td (40 ) Tj ET Q q 0 0 0 rg BT 220.59 632.80 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 250.27 632.80 Td (upload ) Tj ET Q q 0 0 0 rg BT 286.08 632.80 Td (speeds. ) Tj ET Q q 0 0 0 rg BT 327.20 632.80 Td (This ) Tj ET Q q 0 0 0 rg BT 350.76 632.80 Td (campaign ) Tj ET Q q 0 0 0 rg BT 401.24 632.80 Td (is ) Tj ET Q q 0 0 0 rg BT 411.96 632.80 Td (delivering ) Tj ET Q q 0 0 0 rg BT 461.83 632.80 Td (good ) Tj ET Q q 0 0 0 rg BT 489.08 632.80 Td (early ) Tj ET Q q 0 0 0 rg BT 515.70 632.80 Td (results ) Tj ET Q q 0 0 0 rg BT 550.88 632.80 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 619.60 Td (our ) Tj ET Q q 0 0 0 rg BT 68.86 619.60 Td (SoHo ) Tj ET Q q 0 0 0 rg BT 99.84 619.60 Td (business ) Tj ET Q q 0 0 0 rg BT 146.72 619.60 Td (continues ) Tj ET Q q 0 0 0 rg BT 197.28 619.60 Td (to ) Tj ET Q q 0 0 0 rg BT 209.92 619.60 Td (expand. ) Tj ET Q q 0 0 0 rg BT 252.52 619.60 Td (Within ) Tj ET Q q 0 0 0 rg BT 286.55 619.60 Td (the ) Tj ET Q q 0 0 0 rg BT 305.31 619.60 Td (small ) Tj ET Q q 0 0 0 rg BT 334.44 619.60 Td (and ) Tj ET Q q 0 0 0 rg BT 356.26 619.60 Td (medium-size ) Tj ET Q q 0 0 0 rg BT 422.07 619.60 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 474.45 619.60 Td (segment, ) Tj ET Q q 0 0 0 rg BT 523.16 619.60 Td (we ) Tj ET Q q 0 0 0 rg BT 540.69 619.60 Td (of) Tj ET Q q 0 0 0 rg BT 549.66 619.60 Td (fer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 606.40 Td (similar ) Tj ET Q q 0 0 0 rg BT 84.54 606.40 Td (speeds ) Tj ET Q q 0 0 0 rg BT 123.27 606.40 Td (with ) Tj ET Q q 0 0 0 rg BT 146.09 606.40 Td (more ) Tj ET Q q 0 0 0 rg BT 174.42 606.40 Td (B2B ) Tj ET Q q 0 0 0 rg BT 198.47 606.40 Td (product ) Tj ET Q q 0 0 0 rg BT 238.42 606.40 Td (features ) Tj ET Q q 0 0 0 rg BT 281.43 606.40 Td (such ) Tj ET Q q 0 0 0 rg BT 307.93 606.40 Td (as ) Tj ET Q q 0 0 0 rg BT 322.81 606.40 Td (five ) Tj ET Q q 0 0 0 rg BT 343.19 606.40 Td (static ) Tj ET Q q 0 0 0 rg BT 372.13 606.40 Td (IP) Tj ET Q q 0 0 0 rg BT 382.32 606.40 Td ( ) Tj ET Q q 0 0 0 rg BT 385.58 606.40 Td (addresses, ) Tj ET Q q 0 0 0 rg BT 442.65 606.40 Td (payment ) Tj ET Q q 0 0 0 rg BT 488.10 606.40 Td (solutions ) Tj ET Q q 0 0 0 rg BT 534.78 606.40 Td (and ) Tj ET Q q 0 0 0 rg BT 556.40 606.40 Td (a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 593.20 Td (large ) Tj ET Q q 0 0 0 rg BT 77.26 593.20 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 119.69 593.20 Td (of ) Tj ET Q q 0 0 0 rg BT 132.16 593.20 Td (value ) Tj ET Q q 0 0 0 rg BT 161.76 593.20 Td (added ) Tj ET Q q 0 0 0 rg BT 195.64 593.20 Td (services. ) Tj ET Q q 0 0 0 rg BT 242.34 593.20 Td (W) Tj ET Q q 0 0 0 rg BT 252.52 593.20 Td (e ) Tj ET Q q 0 0 0 rg BT 261.94 593.20 Td (expect ) Tj ET Q q 0 0 0 rg BT 297.64 593.20 Td (B2B ) Tj ET Q q 0 0 0 rg BT 321.73 593.20 Td (to ) Tj ET Q q 0 0 0 rg BT 334.21 593.20 Td (continue ) Tj ET Q q 0 0 0 rg BT 379.09 593.20 Td (to ) Tj ET Q q 0 0 0 rg BT 391.56 593.20 Td (positively ) Tj ET Q q 0 0 0 rg BT 440.10 593.20 Td (impact ) Tj ET Q q 0 0 0 rg BT 475.80 593.20 Td (our ) Tj ET Q q 0 0 0 rg BT 494.99 593.20 Td (operating ) Tj ET Q q 0 0 0 rg BT 544.16 593.20 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 580.00 Td (financial ) Tj ET Q q 0 0 0 rg BT 92.91 580.00 Td (results ) Tj ET Q q 0 0 0 rg BT 128.37 580.00 Td (during ) Tj ET Q q 0 0 0 rg BT 162.00 580.00 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 49.50 546.40 Td (Financial ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 109.42 546.40 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 49.50 520.00 Td (On ) Tj ET Q q 0 0 0 rg BT 67.52 520.00 Td (a ) Tj ET Q q 0 0 0 rg BT 76.98 520.00 Td (rebased ) Tj ET Q q 0 0 0 rg BT 120.08 520.00 Td (basis, ) Tj ET Q q 0 0 0 rg BT 152.16 520.00 Td (total ) Tj ET Q q 0 0 0 rg BT 176.29 520.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 219.39 520.00 Td (decreased ) Tj ET Q q 0 0 0 rg BT 274.10 520.00 Td (3% ) Tj ET Q q 0 0 0 rg BT 293.34 520.00 Td (to ) Tj ET Q q 0 0 0 rg BT 305.86 520.00 Td (614 ) Tj ET Q q 0 0 0 rg BT 333.68 520.00 Td (million ) Tj ET Q q 0 0 0 rg BT 368.19 520.00 Td (in ) Tj ET Q q 0 0 0 rg BT 380.10 520.00 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 398.12 520.00 Td (and ) Tj ET Q q 0 0 0 rg BT 419.81 520.00 Td (2% ) Tj ET Q q 0 0 0 rg BT 439.06 520.00 Td (to ) Tj ET Q q 0 0 0 rg BT 451.58 520.00 Td (2,473 ) Tj ET Q q 0 0 0 rg BT 488.56 520.00 Td (million ) Tj ET Q q 0 0 0 rg BT 523.08 520.00 Td (in ) Tj ET Q q 0 0 0 rg BT 534.99 520.00 Td (2015, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 506.80 Td (as ) Tj ET Q q 0 0 0 rg BT 63.93 506.80 Td (compared ) Tj ET Q q 0 0 0 rg BT 115.65 506.80 Td (to ) Tj ET Q q 0 0 0 rg BT 127.63 506.80 Td (the ) Tj ET Q q 0 0 0 rg BT 145.73 506.80 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 218.25 506.80 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 268.13 506.80 Td (periods. ) Tj ET Q q 0 0 0 rg BT 309.89 506.80 Td (These ) Tj ET Q q 0 0 0 rg BT 343.27 506.80 Td (decreases ) Tj ET Q q 0 0 0 rg BT 396.83 506.80 Td (are ) Tj ET Q q 0 0 0 rg BT 415.54 506.80 Td (primarily ) Tj ET Q q 0 0 0 rg BT 459.90 506.80 Td (attributable ) Tj ET Q q 0 0 0 rg BT 517.13 506.80 Td (to ) Tj ET Q q 0 0 0 rg BT 529.12 506.80 Td (the ) Tj ET Q q 0 0 0 rg BT 547.22 506.80 Td (net ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 493.60 Td (ef) Tj ET Q q 0 0 0 rg BT 58.48 493.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 79.28 493.60 Td (of ) Tj ET Q q 0 0 0 rg BT 91.53 493.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 104.37 493.60 Td (decreases ) Tj ET Q q 0 0 0 rg BT 158.20 493.60 Td (in ) Tj ET Q q 0 0 0 rg BT 169.83 493.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 199.20 493.60 Td (subscription ) Tj ET Q q 0 0 0 rg BT 260.97 493.60 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 306.86 493.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 351.49 493.60 Td (driven ) Tj ET Q q 0 0 0 rg BT 384.52 493.60 Td (by ) Tj ET Q q 0 0 0 rg BT 399.21 493.60 Td (lower ) Tj ET Q q 0 0 0 rg BT 428.57 493.60 Td (average ) Tj ET Q q 0 0 0 rg BT 471.40 493.60 Td (numbers ) Tj ET Q q 0 0 0 rg BT 517.27 493.60 Td (of ) Tj ET Q q 0 0 0 rg BT 529.52 493.60 Td (RGUs, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 480.40 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 63.38 480.40 Td (higher ) Tj ET Q q 0 0 0 rg BT 95.62 480.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 129.68 480.40 Td (subscription ) Tj ET Q q 0 0 0 rg BT 190.04 480.40 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 234.51 480.40 Td (primarily ) Tj ET Q q 0 0 0 rg BT 277.73 480.40 Td (attributable ) Tj ET Q q 0 0 0 rg BT 333.82 480.40 Td (to ) Tj ET Q q 0 0 0 rg BT 344.65 480.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 379.33 480.40 Td (in ) Tj ET Q q 0 0 0 rg BT 389.56 480.40 Td (the ) Tj ET Q q 0 0 0 rg BT 406.51 480.40 Td (average ) Tj ET Q q 0 0 0 rg BT 447.93 480.40 Td (numbers ) Tj ET Q q 0 0 0 rg BT 492.38 480.40 Td (of ) Tj ET Q q 0 0 0 rg BT 503.22 480.40 Td (subscribers, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 467.20 Td (and ) Tj ET Q q 0 0 0 rg BT 71.18 467.20 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 89.17 467.20 Td (decreases ) Tj ET Q q 0 0 0 rg BT 143.25 467.20 Td (in ) Tj ET Q q 0 0 0 rg BT 155.13 467.20 Td (other ) Tj ET Q q 0 0 0 rg BT 183.53 467.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 226.61 467.20 Td (from ) Tj ET Q q 0 0 0 rg BT 251.94 467.20 Td (set-top ) Tj ET Q q 0 0 0 rg BT 288.90 467.20 Td (box ) Tj ET Q q 0 0 0 rg BT 309.96 467.20 Td (sales ) Tj ET Q q 0 0 0 rg BT 338.97 467.20 Td (due ) Tj ET Q q 0 0 0 rg BT 360.65 467.20 Td (to ) Tj ET Q q 0 0 0 rg BT 373.15 467.20 Td (the ) Tj ET Q q 0 0 0 rg BT 391.77 467.20 Td (fact ) Tj ET Q q 0 0 0 rg BT 412.83 467.20 Td (that ) Tj ET Q q 0 0 0 rg BT 434.50 467.20 Td (we ) Tj ET Q q 0 0 0 rg BT 451.89 467.20 Td (stopped ) Tj ET Q q 0 0 0 rg BT 494.36 467.20 Td (selling ) Tj ET Q q 0 0 0 rg BT 528.87 467.20 Td (set-top ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 454.00 Td (boxes ) Tj ET Q q 0 0 0 rg BT 81.91 454.00 Td (during ) Tj ET Q q 0 0 0 rg BT 115.54 454.00 Td (the ) Tj ET Q q 0 0 0 rg BT 133.89 454.00 Td (first ) Tj ET Q q 0 0 0 rg BT 154.67 454.00 Td (quarter ) Tj ET Q q 0 0 0 rg BT 192.58 454.00 Td (of ) Tj ET Q q 0 0 0 rg BT 204.81 454.00 Td (2015. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 428.80 Td (Segment ) Tj ET Q q 0 0 0 rg BT 96.34 428.80 Td (OCF ) Tj ET Q q 0 0 0 rg BT 122.38 428.80 Td (on ) Tj ET Q q 0 0 0 rg BT 137.43 428.80 Td (a ) Tj ET Q q 0 0 0 rg BT 146.37 428.80 Td (rebased ) Tj ET Q q 0 0 0 rg BT 188.94 428.80 Td (basis ) Tj ET Q q 0 0 0 rg BT 217.43 428.80 Td (increased ) Tj ET Q q 0 0 0 rg BT 267.95 428.80 Td (2% ) Tj ET Q q 0 0 0 rg BT 286.66 428.80 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 298.65 428.80 Td (358 ) Tj ET Q q 0 0 0 rg BT 325.94 428.80 Td (million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 357.12 428.80 Td ( ) Tj ET Q q 0 0 0 rg BT 359.93 428.80 Td (in ) Tj ET Q q 0 0 0 rg BT 371.31 428.80 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 388.80 428.80 Td (and ) Tj ET Q q 0 0 0 rg BT 409.97 428.80 Td (decreased ) Tj ET Q q 0 0 0 rg BT 464.16 428.80 Td (2% ) Tj ET Q q 0 0 0 rg BT 482.88 428.80 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 494.87 428.80 Td (1,369 ) Tj ET Q q 0 0 0 rg BT 531.33 428.80 Td (million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 562.50 428.80 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 415.60 Td (in ) Tj ET Q q 0 0 0 rg BT 61.46 415.60 Td (2015, ) Tj ET Q q 0 0 0 rg BT 92.38 415.60 Td (as ) Tj ET Q q 0 0 0 rg BT 107.40 415.60 Td (compared ) Tj ET Q q 0 0 0 rg BT 159.71 415.60 Td (to ) Tj ET Q q 0 0 0 rg BT 172.28 415.60 Td (the ) Tj ET Q q 0 0 0 rg BT 190.97 415.60 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 264.08 415.60 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 314.55 415.60 Td (periods. ) Tj ET Q q 0 0 0 rg BT 356.86 415.60 Td (The ) Tj ET Q q 0 0 0 rg BT 379.21 415.60 Td (full-year ) Tj ET Q q 0 0 0 rg BT 421.73 415.60 Td (2015 ) Tj ET Q q 0 0 0 rg BT 449.60 415.60 Td (decline ) Tj ET Q q 0 0 0 rg BT 487.86 415.60 Td (is ) Tj ET Q q 0 0 0 rg BT 499.20 415.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 544.15 415.60 Td (due ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 402.40 Td (to ) Tj ET Q q 0 0 0 rg BT 62.30 402.40 Td (the ) Tj ET Q q 0 0 0 rg BT 81.22 402.40 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 161.28 402.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 204.66 402.40 Td (contraction. ) Tj ET Q q 0 0 0 rg BT 265.15 402.40 Td (Our ) Tj ET Q q 0 0 0 rg BT 287.11 402.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 334.77 402.40 Td (OCF ) Tj ET Q q 0 0 0 rg BT 361.61 402.40 Td (during ) Tj ET Q q 0 0 0 rg BT 395.82 402.40 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 414.12 402.40 Td (was ) Tj ET Q q 0 0 0 rg BT 437.30 402.40 Td (9 ) Tj ET Q q 0 0 0 rg BT 453.17 402.40 Td (million ) Tj ET Q q 0 0 0 rg BT 487.96 402.40 Td (higher ) Tj ET Q q 0 0 0 rg BT 522.17 402.40 Td (than ) Tj ET Q q 0 0 0 rg BT 547.20 402.40 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 389.20 Td (third ) Tj ET Q q 0 0 0 rg BT 74.66 389.20 Td (quarter ) Tj ET Q q 0 0 0 rg BT 113.28 389.20 Td (of ) Tj ET Q q 0 0 0 rg BT 126.21 389.20 Td (2015 ) Tj ET Q q 0 0 0 rg BT 154.44 389.20 Td (and ) Tj ET Q q 0 0 0 rg BT 176.56 389.20 Td (the ) Tj ET Q q 0 0 0 rg BT 195.61 389.20 Td (highest ) Tj ET Q q 0 0 0 rg BT 234.85 389.20 Td (of ) Tj ET Q q 0 0 0 rg BT 247.78 389.20 Td (any ) Tj ET Q q 0 0 0 rg BT 269.28 389.20 Td (quarter ) Tj ET Q q 0 0 0 rg BT 307.90 389.20 Td (during ) Tj ET Q q 0 0 0 rg BT 342.24 389.20 Td (2015, ) Tj ET Q q 0 0 0 rg BT 373.52 389.20 Td (mainly ) Tj ET Q q 0 0 0 rg BT 409.07 389.20 Td (as ) Tj ET Q q 0 0 0 rg BT 424.45 389.20 Td (a ) Tj ET Q q 0 0 0 rg BT 434.33 389.20 Td (result ) Tj ET Q q 0 0 0 rg BT 464.99 389.20 Td (of ) Tj ET Q q 0 0 0 rg BT 477.93 389.20 Td (cost ) Tj ET Q q 0 0 0 rg BT 501.87 389.20 Td (controls ) Tj ET Q q 0 0 0 rg BT 544.14 389.20 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 376.00 Td (delivery ) Tj ET Q q 0 0 0 rg BT 89.99 376.00 Td (on ) Tj ET Q q 0 0 0 rg BT 104.81 376.00 Td (the ) Tj ET Q q 0 0 0 rg BT 122.69 376.00 Td (synergy ) Tj ET Q q 0 0 0 rg BT 163.80 376.00 Td (plan. ) Tj ET Q q 0 0 0 rg BT 190.24 376.00 Td (For ) Tj ET Q q 0 0 0 rg BT 209.32 376.00 Td (the ) Tj ET Q q 0 0 0 rg BT 227.20 376.00 Td (year ) Tj ET Q q 0 0 0 rg BT 251.19 376.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 284.36 376.00 Td (December ) Tj ET Q q 0 0 0 rg BT 337.69 376.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 355.57 376.00 Td (2015, ) Tj ET Q q 0 0 0 rg BT 385.69 376.00 Td (we ) Tj ET Q q 0 0 0 rg BT 402.33 376.00 Td (incurred ) Tj ET Q q 0 0 0 rg BT 444.66 376.00 Td (26 ) Tj ET Q q 0 0 0 rg BT 465.60 376.00 Td (million ) Tj ET Q q 0 0 0 rg BT 499.36 376.00 Td (of ) Tj ET Q q 0 0 0 rg BT 511.13 376.00 Td (integration ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 362.80 Td (related ) Tj ET Q q 0 0 0 rg BT 85.64 362.80 Td (costs. ) Tj ET Q q 0 0 0 rg BT 116.88 362.80 Td ( ) Tj ET Q q 0 0 0 rg BT 119.38 362.80 Td (Most ) Tj ET Q q 0 0 0 rg BT 145.73 362.80 Td (of ) Tj ET Q q 0 0 0 rg BT 157.41 362.80 Td (these ) Tj ET Q q 0 0 0 rg BT 186.82 362.80 Td (expenses ) Tj ET Q q 0 0 0 rg BT 236.42 362.80 Td (were ) Tj ET Q q 0 0 0 rg BT 262.77 362.80 Td (incurred ) Tj ET Q q 0 0 0 rg BT 305.02 362.80 Td (during ) Tj ET Q q 0 0 0 rg BT 338.10 362.80 Td (the ) Tj ET Q q 0 0 0 rg BT 355.90 362.80 Td (first ) Tj ET Q q 0 0 0 rg BT 376.13 362.80 Td (half ) Tj ET Q q 0 0 0 rg BT 396.37 362.80 Td (of ) Tj ET Q q 0 0 0 rg BT 408.05 362.80 Td (the ) Tj ET Q q 0 0 0 rg BT 425.85 362.80 Td (year) Tj ET Q q 0 0 0 rg BT 446.64 362.80 Td (. ) Tj ET Q q 0 0 0 rg BT 452.20 362.80 Td ( ) Tj ET Q q 0 0 0 rg BT 454.71 362.80 Td (For ) Tj ET Q q 0 0 0 rg BT 473.71 362.80 Td (the ) Tj ET Q q 0 0 0 rg BT 491.51 362.80 Td (full-year) Tj ET Q q 0 0 0 rg BT 530.03 362.80 Td (, ) Tj ET Q q 0 0 0 rg BT 535.59 362.80 Td (these ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 349.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 78.67 349.60 Td (were ) Tj ET Q q 0 0 0 rg BT 106.00 349.60 Td (more ) Tj ET Q q 0 0 0 rg BT 134.56 349.60 Td (than ) Tj ET Q q 0 0 0 rg BT 159.46 349.60 Td (of) Tj ET Q q 0 0 0 rg BT 168.43 349.60 Td (fset ) Tj ET Q q 0 0 0 rg BT 189.66 349.60 Td (by ) Tj ET Q q 0 0 0 rg BT 204.77 349.60 Td (synergy ) Tj ET Q q 0 0 0 rg BT 246.78 349.60 Td (benefits, ) Tj ET Q q 0 0 0 rg BT 291.85 349.60 Td (which ) Tj ET Q q 0 0 0 rg BT 323.47 349.60 Td (were ) Tj ET Q q 0 0 0 rg BT 350.81 349.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 395.85 349.60 Td (driven ) Tj ET Q q 0 0 0 rg BT 429.31 349.60 Td (by ) Tj ET Q q 0 0 0 rg BT 444.42 349.60 Td (FTE ) Tj ET Q q 0 0 0 rg BT 468.69 349.60 Td (savings, ) Tj ET Q q 0 0 0 rg BT 512.53 349.60 Td (and ) Tj ET Q q 0 0 0 rg BT 534.38 349.60 Td (which ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 336.40 Td (supported ) Tj ET Q q 0 0 0 rg BT 101.48 336.40 Td (our ) Tj ET Q q 0 0 0 rg BT 120.44 336.40 Td (rebased ) Tj ET Q q 0 0 0 rg BT 163.24 336.40 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 180.97 336.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 228.06 336.40 Td (OCF ) Tj ET Q q 0 0 0 rg BT 254.33 336.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 290.40 336.40 Td (of ) Tj ET Q q 0 0 0 rg BT 302.63 336.40 Td (2%. ) Tj ET Q q 0 0 0 rg BT 324.65 336.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 313.20 Td (Property ) Tj ET Q q 0 0 0 rg BT 94.32 313.20 Td (and ) Tj ET Q q 0 0 0 rg BT 115.92 313.20 Td (equipment ) Tj ET Q q 0 0 0 rg BT 170.53 313.20 Td (additions ) Tj ET Q q 0 0 0 rg BT 217.81 313.20 Td (as ) Tj ET Q q 0 0 0 rg BT 232.67 313.20 Td (a ) Tj ET Q q 0 0 0 rg BT 242.04 313.20 Td (percentage ) Tj ET Q q 0 0 0 rg BT 300.32 313.20 Td (of ) Tj ET Q q 0 0 0 rg BT 312.74 313.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 355.74 313.20 Td (for ) Tj ET Q q 0 0 0 rg BT 371.82 313.20 Td (the ) Tj ET Q q 0 0 0 rg BT 390.36 313.20 Td (full-year ) Tj ET Q q 0 0 0 rg BT 432.73 313.20 Td (2015 ) Tj ET Q q 0 0 0 rg BT 460.45 313.20 Td (was ) Tj ET Q q 0 0 0 rg BT 483.25 313.20 Td (20%, ) Tj ET Q q 0 0 0 rg BT 511.57 313.20 Td (which ) Tj ET Q q 0 0 0 rg BT 542.94 313.20 Td (was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 300.00 Td (at ) Tj ET Q q 0 0 0 rg BT 61.63 300.00 Td (the ) Tj ET Q q 0 0 0 rg BT 79.89 300.00 Td (low-end ) Tj ET Q q 0 0 0 rg BT 121.37 300.00 Td (of ) Tj ET Q q 0 0 0 rg BT 133.50 300.00 Td (our ) Tj ET Q q 0 0 0 rg BT 152.36 300.00 Td (2015 ) Tj ET Q q 0 0 0 rg BT 179.79 300.00 Td (guidance ) Tj ET Q q 0 0 0 rg BT 227.40 300.00 Td (range ) Tj ET Q q 0 0 0 rg BT 258.50 300.00 Td (of ) Tj ET Q q 0 0 0 rg BT 270.63 300.00 Td (20% ) Tj ET Q q 0 0 0 rg BT 295.61 300.00 Td (to ) Tj ET Q q 0 0 0 rg BT 307.74 300.00 Td (22%. ) Tj ET Q q 0 0 0 rg BT 335.58 300.00 Td (The ) Tj ET Q q 0 0 0 rg BT 357.50 300.00 Td (decrease ) Tj ET Q q 0 0 0 rg BT 405.71 300.00 Td (in ) Tj ET Q q 0 0 0 rg BT 417.23 300.00 Td (both ) Tj ET Q q 0 0 0 rg BT 441.60 300.00 Td (absolute ) Tj ET Q q 0 0 0 rg BT 486.15 300.00 Td (and ) Tj ET Q q 0 0 0 rg BT 507.46 300.00 Td (percentage ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 286.80 Td (of ) Tj ET Q q 0 0 0 rg BT 61.16 286.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 103.40 286.80 Td (terms, ) Tj ET Q q 0 0 0 rg BT 136.45 286.80 Td (as ) Tj ET Q q 0 0 0 rg BT 150.56 286.80 Td (compared ) Tj ET Q q 0 0 0 rg BT 201.96 286.80 Td (to ) Tj ET Q q 0 0 0 rg BT 213.62 286.80 Td (pro-forma ) Tj ET Q q 0 0 0 rg BT 263.79 286.80 Td (2014, ) Tj ET Q q 0 0 0 rg BT 293.81 286.80 Td (was ) Tj ET Q q 0 0 0 rg BT 315.86 286.80 Td (primarily ) Tj ET Q q 0 0 0 rg BT 359.90 286.80 Td (attributable ) Tj ET Q q 0 0 0 rg BT 416.82 286.80 Td (to ) Tj ET Q q 0 0 0 rg BT 428.48 286.80 Td (125 ) Tj ET Q q 0 0 0 rg BT 455.44 286.80 Td (million ) Tj ET Q q 0 0 0 rg BT 489.10 286.80 Td (lower ) Tj ET Q q 0 0 0 rg BT 517.88 286.80 Td (non-CPE ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 273.60 Td (additions, ) Tj ET Q q 0 0 0 rg BT 101.60 273.60 Td (as ) Tj ET Q q 0 0 0 rg BT 118.22 273.60 Td (we ) Tj ET Q q 0 0 0 rg BT 137.29 273.60 Td (discontinued ) Tj ET Q q 0 0 0 rg BT 204.07 273.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 242.10 273.60 Td (projects ) Tj ET Q q 0 0 0 rg BT 285.62 273.60 Td (initiated ) Tj ET Q q 0 0 0 rg BT 328.54 273.60 Td (by ) Tj ET Q q 0 0 0 rg BT 345.17 273.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 377.69 273.60 Td (in ) Tj ET Q q 0 0 0 rg BT 391.27 273.60 Td (the ) Tj ET Q q 0 0 0 rg BT 411.57 273.60 Td (pre-acquisition ) Tj ET Q q 0 0 0 rg BT 488.11 273.60 Td (periods. ) Tj ET Q q 0 0 0 rg BT 531.93 273.60 Td (These ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 260.40 Td (decreases ) Tj ET Q q 0 0 0 rg BT 103.33 260.40 Td (were ) Tj ET Q q 0 0 0 rg BT 130.26 260.40 Td (partly ) Tj ET Q q 0 0 0 rg BT 160.24 260.40 Td (of) Tj ET Q q 0 0 0 rg BT 169.21 260.40 Td (fset ) Tj ET Q q 0 0 0 rg BT 190.02 260.40 Td (by ) Tj ET Q q 0 0 0 rg BT 204.72 260.40 Td (increases ) Tj ET Q q 0 0 0 rg BT 254.88 260.40 Td (in ) Tj ET Q q 0 0 0 rg BT 266.52 260.40 Td (CPE ) Tj ET Q q 0 0 0 rg BT 292.22 260.40 Td (spend ) Tj ET Q q 0 0 0 rg BT 325.28 260.40 Td (related ) Tj ET Q q 0 0 0 rg BT 361.99 260.40 Td (to ) Tj ET Q q 0 0 0 rg BT 374.25 260.40 Td (the ) Tj ET Q q 0 0 0 rg BT 392.62 260.40 Td (successful ) Tj ET Q q 0 0 0 rg BT 447.05 260.40 Td (roll-out ) Tj ET Q q 0 0 0 rg BT 483.76 260.40 Td (of ) Tj ET Q q 0 0 0 rg BT 496.01 260.40 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 536.80 260.40 Td (TV ) Tj ET Q q 0 0 0 rg BT 553.94 260.40 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 247.20 Td (the ) Tj ET Q q 0 0 0 rg BT 68.11 247.20 Td (former ) Tj ET Q q 0 0 0 rg BT 103.22 247.20 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 134.05 247.20 Td (footprint. ) Tj ET Q q 0 0 0 rg BT 180.18 247.20 Td (For ) Tj ET Q q 0 0 0 rg BT 200.00 247.20 Td (2016, ) Tj ET Q q 0 0 0 rg BT 230.85 247.20 Td (we ) Tj ET Q q 0 0 0 rg BT 248.23 247.20 Td (expect ) Tj ET Q q 0 0 0 rg BT 283.96 247.20 Td (our ) Tj ET Q q 0 0 0 rg BT 303.18 247.20 Td (property ) Tj ET Q q 0 0 0 rg BT 346.86 247.20 Td (and ) Tj ET Q q 0 0 0 rg BT 368.53 247.20 Td (equipment ) Tj ET Q q 0 0 0 rg BT 423.22 247.20 Td (additions ) Tj ET Q q 0 0 0 rg BT 470.58 247.20 Td (as ) Tj ET Q q 0 0 0 rg BT 485.52 247.20 Td (a ) Tj ET Q q 0 0 0 rg BT 494.96 247.20 Td (percentage ) Tj ET Q q 0 0 0 rg BT 553.32 247.20 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 234.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 92.31 234.00 Td (to ) Tj ET Q q 0 0 0 rg BT 104.54 234.00 Td (remain ) Tj ET Q q 0 0 0 rg BT 141.22 234.00 Td (stable ) Tj ET Q q 0 0 0 rg BT 173.63 234.00 Td (at ) Tj ET Q q 0 0 0 rg BT 185.86 234.00 Td (a ) Tj ET Q q 0 0 0 rg BT 195.03 234.00 Td (range ) Tj ET Q q 0 0 0 rg BT 226.22 234.00 Td (of ) Tj ET Q q 0 0 0 rg BT 238.45 234.00 Td (20% ) Tj ET Q q 0 0 0 rg BT 263.52 234.00 Td (to ) Tj ET Q q 0 0 0 rg BT 275.75 234.00 Td (22%.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 210.80 Td (Looking ) Tj ET Q q 0 0 0 rg BT 90.60 210.80 Td (forward ) Tj ET Q q 0 0 0 rg BT 129.84 210.80 Td (to ) Tj ET Q q 0 0 0 rg BT 141.58 210.80 Td (2016, ) Tj ET Q q 0 0 0 rg BT 171.67 210.80 Td (we ) Tj ET Q q 0 0 0 rg BT 188.30 210.80 Td (expect ) Tj ET Q q 0 0 0 rg BT 223.28 210.80 Td (that ) Tj ET Q q 0 0 0 rg BT 244.19 210.80 Td (our ) Tj ET Q q 0 0 0 rg BT 262.65 210.80 Td (continued ) Tj ET Q q 0 0 0 rg BT 312.92 210.80 Td (investment ) Tj ET Q q 0 0 0 rg BT 368.68 210.80 Td (in ) Tj ET Q q 0 0 0 rg BT 379.81 210.80 Td (our ) Tj ET Q q 0 0 0 rg BT 398.27 210.80 Td (product ) Tj ET Q q 0 0 0 rg BT 437.53 210.80 Td (suite, ) Tj ET Q q 0 0 0 rg BT 466.38 210.80 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 517.27 210.80 Td (customer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 197.60 Td (service ) Tj ET Q q 0 0 0 rg BT 87.40 197.60 Td (and ) Tj ET Q q 0 0 0 rg BT 108.81 197.60 Td (positive ) Tj ET Q q 0 0 0 rg BT 149.16 197.60 Td (momentum ) Tj ET Q q 0 0 0 rg BT 207.23 197.60 Td (in ) Tj ET Q q 0 0 0 rg BT 218.85 197.60 Td (our ) Tj ET Q q 0 0 0 rg BT 237.81 197.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 273.27 197.60 Td (and ) Tj ET Q q 0 0 0 rg BT 294.67 197.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 318.52 197.60 Td (operations ) Tj ET Q q 0 0 0 rg BT 372.95 197.60 Td (will ) Tj ET Q q 0 0 0 rg BT 391.28 197.60 Td (stabilize ) Tj ET Q q 0 0 0 rg BT 434.08 197.60 Td (our ) Tj ET Q q 0 0 0 rg BT 453.03 197.60 Td (top-line.) 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 49.50 170.80 Td (Strategic ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 108.64 170.80 Td (combination ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 188.02 170.80 Td (of ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 203.58 170.80 Td (Ziggo ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 242.49 170.80 Td (and ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 269.74 170.80 Td (V) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 278.31 170.80 Td (odafone ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 332.80 170.80 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 49.50 144.40 Td (On ) Tj ET Q q 0 0 0 rg BT 67.49 144.40 Td (February ) Tj ET Q q 0 0 0 rg BT 114.83 144.40 Td (15, ) Tj ET Q q 0 0 0 rg BT 133.44 144.40 Td (2016, ) Tj ET Q q 0 0 0 rg BT 164.29 144.40 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 200.63 144.40 Td (Global ) Tj ET Q q 0 0 0 rg BT 235.74 144.40 Td (and ) Tj ET Q q 0 0 0 rg BT 257.42 144.40 Td (V) Tj ET Q q 0 0 0 rg BT 264.15 144.40 Td (odafone ) Tj ET Q q 0 0 0 rg BT 307.23 144.40 Td (Group ) Tj ET Q q 0 0 0 rg BT 341.12 144.40 Td (Plc ) Tj ET Q q 0 0 0 rg BT 359.72 144.40 Td (announced ) Tj ET Q q 0 0 0 rg BT 417.48 144.40 Td (that ) Tj ET Q q 0 0 0 rg BT 439.15 144.40 Td (they ) Tj ET Q q 0 0 0 rg BT 463.26 144.40 Td (have ) Tj ET Q q 0 0 0 rg BT 490.44 144.40 Td (agreed ) Tj ET Q q 0 0 0 rg BT 528.01 144.40 Td (to ) Tj ET Q q 0 0 0 rg BT 540.50 144.40 Td (form ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 131.20 Td (a ) Tj ET Q q 0 0 0 rg BT 58.78 131.20 Td (50:50 ) Tj ET Q q 0 0 0 rg BT 89.46 131.20 Td (joint ) Tj ET Q q 0 0 0 rg BT 112.80 131.20 Td (venture ) Tj ET Q q 0 0 0 rg BT 152.64 131.20 Td (combining ) Tj ET Q q 0 0 0 rg BT 205.94 131.20 Td (their ) Tj ET Q q 0 0 0 rg BT 230.50 131.20 Td (respective ) Tj ET Q q 0 0 0 rg BT 283.79 131.20 Td (businesses ) Tj ET Q q 0 0 0 rg BT 341.98 131.20 Td (in ) Tj ET Q q 0 0 0 rg BT 353.70 131.20 Td (the ) Tj ET Q q 0 0 0 rg BT 372.15 131.20 Td (Netherlands. ) Tj ET Q q 0 0 0 rg BT 437.47 131.20 Td (The ) Tj ET Q q 0 0 0 rg BT 459.58 131.20 Td (transaction ) Tj ET Q q 0 0 0 rg BT 516.55 131.20 Td (is ) Tj ET Q q 0 0 0 rg BT 527.65 131.20 Td (subject ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 118.00 Td (to ) Tj ET Q q 0 0 0 rg BT 61.88 118.00 Td (customary ) Tj ET Q q 0 0 0 rg BT 115.83 118.00 Td (closing ) Tj ET Q q 0 0 0 rg BT 153.28 118.00 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 209.07 118.00 Td (including ) Tj ET Q q 0 0 0 rg BT 255.70 118.00 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 307.82 118.00 Td (approval, ) Tj ET Q q 0 0 0 rg BT 356.28 118.00 Td (and ) Tj ET Q q 0 0 0 rg BT 377.85 118.00 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 414.07 118.00 Td (Global ) Tj ET Q q 0 0 0 rg BT 449.08 118.00 Td (expects ) Tj ET Q q 0 0 0 rg BT 490.19 118.00 Td (the ) Tj ET Q q 0 0 0 rg BT 508.69 118.00 Td (transaction ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 104.80 Td (to ) Tj ET Q q 0 0 0 rg BT 61.07 104.80 Td (be ) Tj ET Q q 0 0 0 rg BT 75.71 104.80 Td (completed ) Tj ET Q q 0 0 0 rg BT 128.86 104.80 Td (around ) Tj ET Q q 0 0 0 rg BT 165.52 104.80 Td (the ) Tj ET Q q 0 0 0 rg BT 183.21 104.80 Td (end ) Tj ET Q q 0 0 0 rg BT 203.96 104.80 Td (of ) Tj ET Q q 0 0 0 rg BT 215.54 104.80 Td (2016. ) Tj ET Q q 0 0 0 rg BT 245.46 104.80 Td ( ) Tj ET Q q 0 0 0 rg BT 247.39 104.80 Td (As ) Tj ET Q q 0 0 0 rg BT 262.63 104.80 Td (part ) Tj ET Q q 0 0 0 rg BT 283.98 104.80 Td (of ) Tj ET Q q 0 0 0 rg BT 295.56 104.80 Td (the ) Tj ET Q q 0 0 0 rg BT 313.25 104.80 Td (proposed ) Tj ET Q q 0 0 0 rg BT 361.52 104.80 Td (transaction, ) Tj ET Q q 0 0 0 rg BT 420.78 104.80 Td (Ziggo, ) Tj ET Q q 0 0 0 rg BT 453.76 104.80 Td (including ) Tj ET Q q 0 0 0 rg BT 499.58 104.80 Td (its ) Tj ET Q q 0 0 0 rg BT 512.98 104.80 Td (third-party ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 91.60 Td (debt, ) Tj ET Q q 0 0 0 rg BT 76.93 91.60 Td (will ) Tj ET Q q 0 0 0 rg BT 95.17 91.60 Td (be ) Tj ET Q q 0 0 0 rg BT 110.37 91.60 Td (contributed ) Tj ET Q q 0 0 0 rg BT 167.76 91.60 Td (to ) Tj ET Q q 0 0 0 rg BT 179.90 91.60 Td (the ) Tj ET Q q 0 0 0 rg BT 198.16 91.60 Td (new ) Tj ET Q q 0 0 0 rg BT 221.30 91.60 Td (joint ) Tj ET Q q 0 0 0 rg BT 244.45 91.60 Td (venture. ) Tj ET Q q 0 0 0 rg BT 286.97 91.60 Td (This ) Tj ET Q q 0 0 0 rg BT 310.71 91.60 Td (transaction ) Tj ET Q q 0 0 0 rg BT 367.49 91.60 Td (will ) Tj ET Q q 0 0 0 rg BT 385.73 91.60 Td (not ) Tj ET Q q 0 0 0 rg BT 403.98 91.60 Td (trigger ) Tj ET Q q 0 0 0 rg BT 438.13 91.60 Td (a ) Tj ET Q q 0 0 0 rg BT 447.21 91.60 Td (change ) Tj ET Q q 0 0 0 rg BT 486.26 91.60 Td (of ) Tj ET Q q 0 0 0 rg BT 498.40 91.60 Td (control ) Tj ET Q q 0 0 0 rg BT 534.38 91.60 Td (under ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 78.40 Td (Ziggo) Tj ET Q q 0 0 0 rg BT 79.26 78.40 Td (s ) Tj ET Q q 0 0 0 rg BT 87.82 78.40 Td (existing ) Tj ET Q q 0 0 0 rg BT 128.17 78.40 Td (third-party ) Tj ET Q q 0 0 0 rg BT 180.74 78.40 Td (debt. ) Tj ET Q /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I61 Do 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 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 (Summary of ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 128.60 709.85 Td (Third-Party Debt, V) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 247.64 709.85 Td (endor Financing, Capital Lease Obligations and ) Tj ET Q BT /F2 14.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 693.05 Td (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 49.50 672.65 Td (The ) Tj ET Q q 0 0 0 rg BT 70.27 672.65 Td (following ) Tj ET Q q 0 0 0 rg BT 114.89 672.65 Td (table ) Tj ET Q q 0 0 0 rg BT 140.55 672.65 Td (details ) Tj ET Q q 0 0 0 rg BT 174.16 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 191.27 672.65 Td (nominal ) Tj ET Q q 0 0 0 rg BT 231.61 672.65 Td (value ) Tj ET Q q 0 0 0 rg BT 259.72 672.65 Td (and ) Tj ET Q q 0 0 0 rg BT 279.89 672.65 Td (euro ) Tj ET Q q 0 0 0 rg BT 303.72 672.65 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 355.68 672.65 Td (of ) Tj ET Q q 0 0 0 rg BT 366.67 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 383.77 672.65 Td (carrying ) Tj ET Q q 0 0 0 rg BT 424.71 672.65 Td (value ) Tj ET Q q 0 0 0 rg BT 452.82 672.65 Td (of ) Tj ET Q q 0 0 0 rg BT 463.81 672.65 Td (Ziggo's ) Tj ET Q q 0 0 0 rg BT 500.74 672.65 Td (consolidated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 659.45 Td (third-party ) Tj ET Q q 0 0 0 rg BT 102.07 659.45 Td (debt, ) Tj ET Q q 0 0 0 rg BT 129.59 659.45 Td (vendor ) Tj ET Q q 0 0 0 rg BT 166.28 659.45 Td (financing, ) Tj ET Q q 0 0 0 rg BT 216.43 659.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 251.28 659.45 Td (lease ) Tj ET Q q 0 0 0 rg BT 280.63 659.45 Td (obligations ) Tj ET Q q 0 0 0 rg BT 336.28 659.45 Td (and ) Tj ET Q q 0 0 0 rg BT 357.69 659.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 383.98 659.45 Td (as ) Tj ET Q q 0 0 0 rg BT 398.66 659.45 Td (of ) Tj ET Q q 0 0 0 rg BT 410.89 659.45 Td (the ) Tj ET Q q 0 0 0 rg BT 429.24 659.45 Td (dates ) Tj ET Q q 0 0 0 rg BT 459.20 659.45 Td (indicated: ) Tj ET Q q 0 0 0 rg BT 509.35 659.45 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 622.95 m 411 622.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 622.95 m 415 622.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 622.95 m 484 622.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 599.95 m 411 599.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 599.95 m 484 599.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 622.95 m 562 622.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 599.95 m 562 599.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 464.95000000000005 m 484 464.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 464.95000000000005 m 562 464.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 464.95000000000005 m 484 464.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 450.95000000000005 m 484 450.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 464.95000000000005 m 562 464.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 450.95000000000005 m 562 450.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 405.95000000000005 m 484 405.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 391.95000000000005 m 484 391.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 405.95000000000005 m 562 405.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 391.95000000000005 m 562 391.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484 391.95000000000005 m 488 391.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 332.95000000000005 m 484 332.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 332.95000000000005 m 562 332.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 332.95000000000005 m 484 332.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 318.95000000000005 m 484 318.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 332.95000000000005 m 562 332.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 318.95000000000005 m 562 318.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 300.95000000000005 m 484 300.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 300.95000000000005 m 562 300.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 286.95000000000005 m 484 286.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 286.95000000000005 m 562 286.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 255.95000000000005 m 484 255.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 255.95000000000005 m 562 255.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 255.95000000000005 m 484 255.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 242.95000000000005 m 484 242.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 240.95000000000005 m 484 240.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 255.95000000000005 m 562 255.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 242.95000000000005 m 562 242.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 240.95000000000005 m 562 240.95000000000005 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.20 639.90 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 490.70 639.90 Td (September 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 400.45 627.35 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.45 627.35 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.20 613.35 Td (Nominal) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 362.45 604.35 Td (value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 428.45 613.35 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.45 604.35 Td (value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 503.95 613.35 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.95 604.35 Td (value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.70 590.95 Td (in millions) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 580.17 Td (Senior Credit Facilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 567.17 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 257.90 567.17 Td (.............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 567.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.75 567.17 Td (2,350.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 567.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 567.17 Td (2,134.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.50 567.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 567.17 Td (2,073.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 553.17 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 274.55 553.17 Td (.......................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 553.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.75 553.17 Td (2,000.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 553.17 Td (1,982.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 553.17 Td (1,981.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 539.17 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 327.35 539.17 Td (....) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 539.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 539.17 Td (689.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 539.17 Td (689.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 539.17 Td (689.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 525.17 Td (Ziggo Revolving Facilities EUR due 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.70 525.17 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 525.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 525.17 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.15 525.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.15 525.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 511.17 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 291.25 511.17 Td (.................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 511.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 511.17 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 511.17 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 511.17 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 497.17 Td (4.625% EUR Senior Proceeds Loan due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.90 497.17 Td (.............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 497.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 497.17 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 497.17 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 497.17 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 483.17 Td (5.875% USD Senior Proceeds Loan due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.90 483.17 Td (.............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 483.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 483.17 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 483.17 Td (368.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 483.17 Td (357.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 469.17 Td (Elimination of the Proceeds Loans in consolidation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.90 469.17 Td (...............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.45 469.17 Td (\(1,568.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.15 469.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.45 469.17 Td (\(1,557.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.15 469.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 455.17 Td (Total Senior Credit Facilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 190.75 455.17 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 455.17 Td (4,806.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 455.17 Td (4,744.4) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 437.17 Td (Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 424.17 Td (3.625% EUR Senior Secured Notes due 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.15 424.17 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 424.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.65 424.17 Td (71.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.65 424.17 Td (73.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 424.17 Td (73.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 410.17 Td (3.75% EUR Senior Secured Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.55 410.17 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 410.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 410.17 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 410.17 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 410.17 Td (800.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 396.17 Td (Total Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 190.75 396.17 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 396.17 Td (873.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 396.17 Td (873.5) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 378.17 Td (Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 365.17 Td (7.125% EUR Senior Notes due 2024) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.25 365.17 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 365.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 365.17 Td (743.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 365.17 Td (810.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 365.17 Td (811.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 351.17 Td (4.625% EUR Senior Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.25 351.17 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 351.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 351.17 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 351.17 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 351.17 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 337.17 Td (5.875% USD Senior Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.25 337.17 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.50 337.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.10 337.17 Td (400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 337.17 Td (368.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 337.17 Td (357.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 323.17 Td (Total Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 149.10 323.17 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 323.17 Td (1,578.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 323.17 Td (1,569.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 305.17 Td (Vendor financing) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 129.65 305.17 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.10 305.17 Td (116.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 305.17 Td (59.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 291.17 Td (Capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 163.00 291.17 Td (........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 466.20 291.17 Td (0.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.20 291.17 Td (0.3) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 277.17 Td (Total third-party debt and capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.70 277.17 Td (.....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 277.17 Td (7,374.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 277.17 Td (7,247.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 260.17 Td (Less: cash) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 101.85 260.17 Td (..............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.65 260.17 Td (12.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 260.17 Td (12.0) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 246.17 Td (Net 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 296.70 250.94 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 307.45 246.17 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 246.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.75 246.17 Td (7,361.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.50 246.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 246.17 Td (7,235.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 228.17 Td (Exchange rate \($ to \)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.65 228.17 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 228.17 Td (1.0866) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 228.17 Td (1.1182) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 198.05 Td (At ) Tj ET Q q 0 0 0 rg BT 63.27 198.05 Td (December ) Tj ET Q q 0 0 0 rg BT 117.39 198.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 136.06 198.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 166.97 198.05 Td (our ) Tj ET Q q 0 0 0 rg BT 186.24 198.05 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 256.88 198.05 Td (third-party ) Tj ET Q q 0 0 0 rg BT 309.77 198.05 Td (debt ) Tj ET Q q 0 0 0 rg BT 334.56 198.05 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 386.24 198.05 Td (cost) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 406.41 203.30 Td (26) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 414.37 198.05 Td ( ) Tj ET Q q 0 0 0 rg BT 417.75 198.05 Td (was ) Tj ET Q q 0 0 0 rg BT 440.69 198.05 Td (5.2%. ) Tj ET Q q 0 0 0 rg BT 471.97 198.05 Td (The ) Tj ET Q q 0 0 0 rg BT 494.31 198.05 Td (average ) Tj ET Q q 0 0 0 rg BT 537.44 198.05 Td (tenor ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 184.85 Td (of ) Tj ET Q q 0 0 0 rg BT 63.23 184.85 Td (our ) Tj ET Q q 0 0 0 rg BT 83.67 184.85 Td (third-party ) Tj ET Q q 0 0 0 rg BT 137.74 184.85 Td (debt ) Tj ET Q q 0 0 0 rg BT 163.70 184.85 Td (was ) Tj ET Q q 0 0 0 rg BT 187.82 184.85 Td (almost ) Tj ET Q q 0 0 0 rg BT 224.77 184.85 Td (seven ) Tj ET Q q 0 0 0 rg BT 258.67 184.85 Td (years. ) Tj ET Q q 0 0 0 rg BT 293.18 184.85 Td (Based ) Tj ET Q q 0 0 0 rg BT 328.92 184.85 Td (on ) Tj ET Q q 0 0 0 rg BT 345.70 184.85 Td (the ) Tj ET Q q 0 0 0 rg BT 365.55 184.85 Td (results ) Tj ET Q q 0 0 0 rg BT 402.50 184.85 Td (for ) Tj ET Q q 0 0 0 rg BT 419.88 184.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 439.11 184.85 Td (2015, ) Tj ET Q q 0 0 0 rg BT 471.19 184.85 Td (and ) Tj ET Q q 0 0 0 rg BT 494.09 184.85 Td (subject ) Tj ET Q q 0 0 0 rg BT 533.50 184.85 Td (to ) Tj ET Q q 0 0 0 rg BT 547.22 184.85 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 171.65 Td (completion ) Tj ET Q q 0 0 0 rg BT 105.09 171.65 Td (of ) Tj ET Q q 0 0 0 rg BT 116.67 171.65 Td (our ) Tj ET Q q 0 0 0 rg BT 134.96 171.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 152.03 171.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 178.90 171.65 Td (compliance ) Tj ET Q q 0 0 0 rg BT 236.94 171.65 Td (reporting ) Tj ET Q q 0 0 0 rg BT 282.75 171.65 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 352.40 171.65 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 364.57 171.65 Td (the ) Tj ET Q q 0 0 0 rg BT 382.26 171.65 Td (ratio ) Tj ET Q q 0 0 0 rg BT 406.05 171.65 Td (of ) Tj ET Q q 0 0 0 rg BT 417.63 171.65 Td (Senior ) Tj ET Q q 0 0 0 rg BT 451.82 171.65 Td (Net ) Tj ET Q q 0 0 0 rg BT 471.34 171.65 Td (Debt ) Tj ET Q q 0 0 0 rg BT 496.97 171.65 Td (to ) Tj ET Q q 0 0 0 rg BT 508.07 171.65 Td (Annualized ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 158.45 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 88.62 158.45 Td ( ) Tj ET Q q 0 0 0 rg BT 91.58 158.45 Td (\(last ) Tj ET Q q 0 0 0 rg BT 115.32 158.45 Td (two ) Tj ET Q q 0 0 0 rg BT 135.40 158.45 Td (quarters ) Tj ET Q q 0 0 0 rg BT 178.72 158.45 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 238.55 158.45 Td (was ) Tj ET Q q 0 0 0 rg BT 261.07 158.45 Td (3.78x ) Tj ET Q q 0 0 0 rg BT 290.94 158.45 Td (and ) Tj ET Q q 0 0 0 rg BT 312.26 158.45 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 327.43 158.45 Td (the ) Tj ET Q q 0 0 0 rg BT 345.68 158.45 Td (ratio ) Tj ET Q q 0 0 0 rg BT 370.04 158.45 Td (of ) Tj ET Q q 0 0 0 rg BT 381.98 158.45 Td (T) Tj ET Q q 0 0 0 rg BT 387.48 158.45 Td (otal ) Tj ET Q q 0 0 0 rg BT 408.18 158.45 Td (Net ) Tj ET Q q 0 0 0 rg BT 428.26 158.45 Td (Debt ) Tj ET Q q 0 0 0 rg BT 454.45 158.45 Td (to ) Tj ET Q q 0 0 0 rg BT 466.00 158.45 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 523.39 158.45 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 562.51 158.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 145.25 Td (\(last ) Tj ET Q q 0 0 0 rg BT 72.88 145.25 Td (two ) Tj ET Q q 0 0 0 rg BT 92.59 145.25 Td (quarters ) Tj ET Q q 0 0 0 rg BT 135.54 145.25 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 195.01 145.25 Td (was ) Tj ET Q q 0 0 0 rg BT 217.17 145.25 Td (4.82x, ) Tj ET Q q 0 0 0 rg BT 249.73 145.25 Td (each ) Tj ET Q q 0 0 0 rg BT 276.18 145.25 Td (as ) Tj ET Q q 0 0 0 rg BT 290.40 145.25 Td (defined ) Tj ET Q q 0 0 0 rg BT 329.08 145.25 Td (in, ) Tj ET Q q 0 0 0 rg BT 343.30 145.25 Td (and ) Tj ET Q q 0 0 0 rg BT 364.25 145.25 Td (calculated ) Tj ET Q q 0 0 0 rg BT 416.38 145.25 Td (in ) Tj ET Q q 0 0 0 rg BT 427.53 145.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 487.00 145.25 Td (with, ) Tj ET Q q 0 0 0 rg BT 512.21 145.25 Td (our ) Tj ET Q q 0 0 0 rg BT 530.71 145.25 Td (Senior ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 132.05 Td (Credit ) Tj ET Q q 0 0 0 rg BT 81.41 132.05 Td (Facilities. ) Tj ET Q q 0 0 0 rg BT 129.31 132.05 Td (As ) Tj ET Q q 0 0 0 rg BT 144.71 132.05 Td (of ) Tj ET Q q 0 0 0 rg BT 156.45 132.05 Td (December ) Tj ET Q q 0 0 0 rg BT 209.75 132.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 227.61 132.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 257.70 132.05 Td (we ) Tj ET Q q 0 0 0 rg BT 274.33 132.05 Td (had ) Tj ET Q q 0 0 0 rg BT 295.25 132.05 Td (maximum ) Tj ET Q q 0 0 0 rg BT 345.48 132.05 Td (undrawn ) Tj ET Q q 0 0 0 rg BT 390.24 132.05 Td (commitments ) Tj ET Q q 0 0 0 rg BT 458.21 132.05 Td (of ) Tj ET Q q 0 0 0 rg BT 469.95 132.05 Td (800 ) Tj ET Q q 0 0 0 rg BT 496.98 132.05 Td (million. ) Tj ET Q q 0 0 0 rg BT 533.78 132.05 Td (When ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 118.85 Td (the ) Tj ET Q q 0 0 0 rg BT 68.04 118.85 Td (December ) Tj ET Q q 0 0 0 rg BT 122.02 118.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 140.56 118.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 168.28 118.85 Td (compliance ) Tj ET Q q 0 0 0 rg BT 227.16 118.85 Td (reporting ) Tj ET Q q 0 0 0 rg BT 273.82 118.85 Td (requirements ) Tj ET Q q 0 0 0 rg BT 341.26 118.85 Td (are ) Tj ET Q q 0 0 0 rg BT 360.41 118.85 Td (completed, ) Tj ET Q q 0 0 0 rg BT 417.46 118.85 Td (we ) Tj ET Q q 0 0 0 rg BT 434.77 118.85 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 485.10 118.85 Td (602 ) Tj ET Q q 0 0 0 rg BT 512.82 118.85 Td (million ) Tj ET Q q 0 0 0 rg BT 547.24 118.85 Td (will ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 105.65 Td (be ) Tj ET Q q 0 0 0 rg BT 64.79 105.65 Td (available ) Tj ET Q q 0 0 0 rg BT 111.27 105.65 Td (to ) Tj ET Q q 0 0 0 rg BT 123.50 105.65 Td (be ) Tj ET Q q 0 0 0 rg BT 138.79 105.65 Td (drawn. ) Tj ET Q /GS0 gs q 83.00 0 0 29.00 479.00 750.50 cm /I62 Do Q endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (24) 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 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 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 Fiscal 2015 Results) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 671.45 Td (Continued Focus on Product Innovation Is Paying Of) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 421.88 671.45 Td (f ) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 430.77 671.45 Td ( ) Tj ET Q BT /F2 20.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 435.21 671.45 Td ( ) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 642.25 Td (2015 Rebased Segment OCF Growth of 3%, including 9% in Q4) 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 49.50 619.05 Td (UPC ) Tj ET Q q 0 0 0 rg BT 76.59 619.05 Td (Holding ) Tj ET Q q 0 0 0 rg BT 117.77 619.05 Td (B.V) Tj ET Q q 0 0 0 rg BT 134.49 619.05 Td (. ) Tj ET Q q 0 0 0 rg BT 141.41 619.05 Td (\("UPC ) Tj ET Q q 0 0 0 rg BT 176.07 619.05 Td (Holding"\) ) Tj ET Q q 0 0 0 rg BT 224.81 619.05 Td (provides ) Tj ET Q q 0 0 0 rg BT 270.26 619.05 Td (market-leading ) Tj ET Q q 0 0 0 rg BT 346.89 619.05 Td (triple- ) Tj ET Q q 0 0 0 rg BT 378.26 619.05 Td (and ) Tj ET Q q 0 0 0 rg BT 400.49 619.05 Td (quad-play ) Tj ET Q q 0 0 0 rg BT 452.67 619.05 Td (services ) Tj ET Q q 0 0 0 rg BT 496.88 619.05 Td (through ) Tj ET Q q 0 0 0 rg BT 538.06 619.05 Td (next-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 605.85 Td (generation ) Tj ET Q q 0 0 0 rg BT 105.87 605.85 Td (networks ) Tj ET Q q 0 0 0 rg BT 154.26 605.85 Td (and ) Tj ET Q q 0 0 0 rg BT 177.00 605.85 Td (innovative ) Tj ET Q q 0 0 0 rg BT 230.91 605.85 Td (technology ) Tj ET Q q 0 0 0 rg BT 288.49 605.85 Td (platforms ) Tj ET Q q 0 0 0 rg BT 338.11 605.85 Td (in ) Tj ET Q q 0 0 0 rg BT 351.05 605.85 Td (seven ) Tj ET Q q 0 0 0 rg BT 384.78 605.85 Td (countries ) Tj ET Q q 0 0 0 rg BT 433.80 605.85 Td (that ) Tj ET Q q 0 0 0 rg BT 456.52 605.85 Td (connected ) Tj ET Q q 0 0 0 rg BT 511.67 605.85 Td (6.8 ) Tj ET Q q 0 0 0 rg BT 531.34 605.85 Td (million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 592.65 Td (customers ) Tj ET Q q 0 0 0 rg BT 103.15 592.65 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 161.70 592.65 Td (to ) Tj ET Q q 0 0 0 rg BT 173.79 592.65 Td (12.6 ) Tj ET Q q 0 0 0 rg BT 198.12 592.65 Td (million ) Tj ET Q q 0 0 0 rg BT 232.20 592.65 Td (television, ) Tj ET Q q 0 0 0 rg BT 284.03 592.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 339.55 592.65 Td (and ) Tj ET Q q 0 0 0 rg BT 360.82 592.65 Td (telephony ) Tj ET Q q 0 0 0 rg BT 411.44 592.65 Td (services ) Tj ET Q q 0 0 0 rg BT 454.70 592.65 Td (as ) Tj ET Q q 0 0 0 rg BT 469.23 592.65 Td (of ) Tj ET Q q 0 0 0 rg BT 481.32 592.65 Td (December ) Tj ET Q q 0 0 0 rg BT 534.97 592.65 Td (2015.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 49.50 566.25 Td (Operating and financial highlights) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.34 566.25 Td (*) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 231.62 566.25 Td (:) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 543.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 543.45 Td (Delivered ) Tj ET Q q 0 0 0 rg BT 129.94 543.45 Td (364,000 ) Tj ET Q q 0 0 0 rg BT 171.68 543.45 Td (organic ) Tj ET Q q 0 0 0 rg BT 209.73 543.45 Td (RGU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 234.18 548.70 Td (2 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 239.44 543.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 285.44 543.45 Td (in ) Tj ET Q q 0 0 0 rg BT 295.98 543.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 322.43 543.45 Td (\(including ) Tj ET Q q 0 0 0 rg BT 371.49 543.45 Td (152,000 ) Tj ET Q q 0 0 0 rg BT 413.22 543.45 Td (in ) Tj ET Q q 0 0 0 rg BT 423.76 543.45 Td (Q4\) ) Tj ET Q q 0 0 0 rg BT 444.07 543.45 Td (driven ) Tj ET Q q 0 0 0 rg BT 476.01 543.45 Td (by ) Tj ET Q q 0 0 0 rg BT 489.60 543.45 Td (our ) Tj ET Q q 0 0 0 rg BT 507.48 543.45 Td (businesses ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 530.25 Td (in ) Tj ET Q q 0 0 0 rg BT 93.12 530.25 Td (Central ) Tj ET Q q 0 0 0 rg BT 131.63 530.25 Td (and ) Tj ET Q q 0 0 0 rg BT 153.04 530.25 Td (Eastern ) Tj ET Q q 0 0 0 rg BT 194.01 530.25 Td (Europe ) Tj ET Q q 0 0 0 rg BT 232.54 530.25 Td (\("CEE"\), ) Tj ET Q q 0 0 0 rg BT 276.40 530.25 Td (which ) Tj ET Q q 0 0 0 rg BT 307.58 530.25 Td (were ) Tj ET Q q 0 0 0 rg BT 334.48 530.25 Td (up ) Tj ET Q q 0 0 0 rg BT 349.77 530.25 Td (50% ) Tj ET Q q 0 0 0 rg BT 374.84 530.25 Td (over ) Tj ET Q q 0 0 0 rg BT 399.30 530.25 Td (last ) Tj ET Q q 0 0 0 rg BT 419.47 530.25 Td (year's ) Tj ET Q q 0 0 0 rg BT 451.53 530.25 Td (performance) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 510.43 cm /I63 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 513.45 Td (Solid ) Tj ET Q q 0 0 0 rg BT 145.25 513.45 Td (video ) Tj ET Q q 0 0 0 rg BT 174.84 513.45 Td (trends ) Tj ET Q q 0 0 0 rg BT 208.71 513.45 Td (in ) Tj ET Q q 0 0 0 rg BT 220.56 513.45 Td (CEE ) Tj ET Q q 0 0 0 rg BT 246.47 513.45 Td (region ) Tj ET Q q 0 0 0 rg BT 280.34 513.45 Td (in ) Tj ET Q q 0 0 0 rg BT 292.19 513.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 323.01 513.45 Td (supported ) Tj ET Q q 0 0 0 rg BT 375.23 513.45 Td (by ) Tj ET Q q 0 0 0 rg BT 390.14 513.45 Td (innovative ) Tj ET Q q 0 0 0 rg BT 442.96 513.45 Td (video ) Tj ET Q q 0 0 0 rg BT 472.55 513.45 Td (of) Tj ET Q q 0 0 0 rg BT 481.53 513.45 Td (ferings; ) Tj ET Q q 0 0 0 rg BT 520.89 513.45 Td (of) Tj ET Q q 0 0 0 rg BT 529.86 513.45 Td (fset ) Tj ET Q q 0 0 0 rg BT 550.89 513.45 Td (by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 500.25 Td (video ) Tj ET Q q 0 0 0 rg BT 146.85 500.25 Td (attrition ) Tj ET Q q 0 0 0 rg BT 185.98 500.25 Td (in ) Tj ET Q q 0 0 0 rg BT 197.60 500.25 Td (our ) Tj ET Q q 0 0 0 rg BT 216.55 500.25 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 291.74 500.25 Td (segment) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 480.43 cm /I64 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 483.45 Td (Gained ) Tj ET Q q 0 0 0 rg BT 155.78 483.45 Td (187,000 ) Tj ET Q q 0 0 0 rg BT 198.36 483.45 Td (broadband) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 250.96 488.70 Td (3) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 254.94 483.45 Td ( ) Tj ET Q q 0 0 0 rg BT 257.75 483.45 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 290.50 483.45 Td (in ) Tj ET Q q 0 0 0 rg BT 301.88 483.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 332.21 483.45 Td (including ) Tj ET Q q 0 0 0 rg BT 378.45 483.45 Td (57,000 ) Tj ET Q q 0 0 0 rg BT 414.90 483.45 Td (in ) Tj ET Q q 0 0 0 rg BT 426.28 483.45 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 446.82 483.45 Td (with ) Tj ET Q q 0 0 0 rg BT 469.19 483.45 Td (stronger ) Tj ET Q q 0 0 0 rg BT 512.35 483.45 Td (sequential ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 470.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 164.59 470.25 Td (in ) Tj ET Q q 0 0 0 rg BT 176.21 470.25 Td (CEE ) Tj ET Q q 0 0 0 rg BT 201.88 470.25 Td (of) Tj ET Q q 0 0 0 rg BT 210.85 470.25 Td (fsetting ) Tj ET Q q 0 0 0 rg BT 249.38 470.25 Td (weaker ) Tj ET Q q 0 0 0 rg BT 287.89 470.25 Td (trend ) Tj ET Q q 0 0 0 rg BT 316.02 470.25 Td (in ) Tj ET Q q 0 0 0 rg BT 327.64 470.25 Td (Switzerland/Austria) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 450.43 cm /I65 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 453.45 Td (T) Tj ET Q q 0 0 0 rg BT 123.00 453.45 Td (elephony) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 167.65 458.70 Td (4) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 171.63 453.45 Td ( ) Tj ET Q q 0 0 0 rg BT 176.58 453.45 Td (RGU ) Tj ET Q q 0 0 0 rg BT 205.98 453.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 254.97 453.45 Td (in ) Tj ET Q q 0 0 0 rg BT 268.48 453.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 288.11 453.45 Td (more ) Tj ET Q q 0 0 0 rg BT 318.13 453.45 Td (than ) Tj ET Q q 0 0 0 rg BT 344.49 453.45 Td (doubled ) Tj ET Q q 0 0 0 rg BT 388.59 453.45 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 465.07 453.45 Td (to ) Tj ET Q q 0 0 0 rg BT 479.20 453.45 Td (75,000, ) Tj ET Q q 0 0 0 rg BT 520.85 453.45 Td (our ) Tj ET Q q 0 0 0 rg BT 541.71 453.45 Td (best ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 440.25 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 163.35 440.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 228.16 440.25 Td (in ) Tj ET Q q 0 0 0 rg BT 239.78 440.25 Td (three ) Tj ET Q q 0 0 0 rg BT 267.91 440.25 Td (years, ) Tj ET Q q 0 0 0 rg BT 300.92 440.25 Td (boosting ) Tj ET Q q 0 0 0 rg BT 345.56 440.25 Td (total ) Tj ET Q q 0 0 0 rg BT 369.41 440.25 Td (organic ) Tj ET Q q 0 0 0 rg BT 408.54 440.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 455.63 440.25 Td (to ) Tj ET Q q 0 0 0 rg BT 467.86 440.25 Td (220,000 ) Tj ET Q q 0 0 0 rg BT 510.68 440.25 Td (for ) Tj ET Q q 0 0 0 rg BT 526.57 440.25 Td (2015) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 420.43 cm /I66 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 423.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 134.62 423.45 Td (ARPU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 165.18 428.70 Td (16) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 173.14 423.45 Td ( ) Tj ET Q q 0 0 0 rg BT 176.19 423.45 Td (per ) Tj ET Q q 0 0 0 rg BT 195.15 423.45 Td (customer ) Tj ET Q q 0 0 0 rg BT 243.44 423.45 Td (up) 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 255.67 423.45 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 258.73 423.45 Td (1% ) Tj ET Q q 0 0 0 rg BT 277.69 423.45 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 352.26 423.45 Td (on ) Tj ET Q q 0 0 0 rg BT 367.55 423.45 Td (an ) Tj ET Q q 0 0 0 rg BT 382.85 423.45 Td (FX-neutral) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 434.20 428.70 Td (22) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 442.15 423.45 Td ( ) Tj ET Q q 0 0 0 rg BT 445.21 423.45 Td (basis ) Tj ET Q q 0 0 0 rg BT 473.94 423.45 Td (to) 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 483.12 423.45 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 486.17 423.45 Td (26.72) Tj ET Q BT /F2 11.00 Tf ET BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 400.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 400.65 Td (Implemented ) Tj ET Q q 0 0 0 rg BT 147.57 400.65 Td (price ) Tj ET Q q 0 0 0 rg BT 173.89 400.65 Td (increases ) Tj ET Q q 0 0 0 rg BT 223.45 400.65 Td (in ) Tj ET Q q 0 0 0 rg BT 234.50 400.65 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 293.84 400.65 Td (and ) Tj ET Q q 0 0 0 rg BT 314.18 400.65 Td (Austria ) Tj ET Q q 0 0 0 rg BT 350.89 400.65 Td (ef) Tj ET Q q 0 0 0 rg BT 359.87 400.65 Td (fective ) Tj ET Q q 0 0 0 rg BT 394.14 400.65 Td (January ) Tj ET Q q 0 0 0 rg BT 435.76 400.65 Td (1, ) Tj ET Q q 0 0 0 rg BT 447.41 400.65 Td (2016 ) Tj ET Q q 0 0 0 rg BT 474.36 400.65 Td (and ) Tj ET Q q 0 0 0 rg BT 495.20 400.65 Td (also ) Tj ET Q q 0 0 0 rg BT 517.86 400.65 Td (executed ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 387.45 Td (certain ) Tj ET Q q 0 0 0 rg BT 117.57 387.45 Td (price ) Tj ET Q q 0 0 0 rg BT 144.47 387.45 Td (increases ) Tj ET Q q 0 0 0 rg BT 194.60 387.45 Td (in ) Tj ET Q q 0 0 0 rg BT 206.22 387.45 Td (several ) Tj ET Q q 0 0 0 rg BT 244.74 387.45 Td (CEE ) Tj ET Q q 0 0 0 rg BT 270.41 387.45 Td (markets ) Tj ET Q q 0 0 0 rg BT 312.59 387.45 Td (during ) Tj ET Q q 0 0 0 rg BT 346.22 387.45 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 363.95 387.45 Td (2016) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 370.65 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 370.65 Td (Compelling ) Tj ET Q q 0 0 0 rg BT 139.58 370.65 Td (new ) Tj ET Q q 0 0 0 rg BT 162.82 370.65 Td (of) Tj ET Q q 0 0 0 rg BT 171.79 370.65 Td (fers ) Tj ET Q q 0 0 0 rg BT 193.19 370.65 Td (with ) Tj ET Q q 0 0 0 rg BT 215.80 370.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 266.56 370.65 Td (product ) Tj ET Q q 0 0 0 rg BT 306.30 370.65 Td (functionality ) Tj ET Q q 0 0 0 rg BT 367.45 370.65 Td (and ) Tj ET Q q 0 0 0 rg BT 388.86 370.65 Td (superior ) Tj ET Q q 0 0 0 rg BT 431.65 370.65 Td (broadband ) Tj ET Q q 0 0 0 rg BT 487.31 370.65 Td (speeds) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 350.83 cm /I67 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 353.85 Td (Record ) Tj ET Q q 0 0 0 rg BT 156.02 353.85 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 201.87 353.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 242.63 353.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 259.74 353.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 306.83 353.85 Td (of ) Tj ET Q q 0 0 0 rg BT 319.06 353.85 Td (77,000 ) Tj ET Q q 0 0 0 rg BT 355.76 353.85 Td (in ) Tj ET Q q 0 0 0 rg BT 367.38 353.85 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 388.17 353.85 Td (driving ) Tj ET Q q 0 0 0 rg BT 423.63 353.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 451.15 353.85 Td (to ) Tj ET Q q 0 0 0 rg BT 463.38 353.85 Td (total ) Tj ET Q q 0 0 0 rg BT 487.23 353.85 Td (of ) Tj ET Q q 0 0 0 rg BT 499.46 353.85 Td (218,000 ) Tj ET Q q 0 0 0 rg BT 542.28 353.85 Td ( ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 334.03 cm /I68 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 337.05 Td (Upgraded ) Tj ET Q q 0 0 0 rg BT 168.87 337.05 Td (174,000 ) Tj ET Q q 0 0 0 rg BT 211.69 337.05 Td (legacy ) Tj ET Q q 0 0 0 rg BT 246.54 337.05 Td (boxes ) Tj ET Q q 0 0 0 rg BT 278.95 337.05 Td (to ) Tj ET Q q 0 0 0 rg BT 291.18 337.05 Td ("Horizon ) Tj ET Q q 0 0 0 rg BT 336.04 337.05 Td (Light" ) Tj ET Q q 0 0 0 rg BT 366.86 337.05 Td (in ) Tj ET Q q 0 0 0 rg BT 378.48 337.05 Td (the ) Tj ET Q q 0 0 0 rg BT 396.82 337.05 Td (Czech ) Tj ET Q q 0 0 0 rg BT 431.06 337.05 Td (Republic ) Tj ET Q q 0 0 0 rg BT 476.92 337.05 Td (during ) Tj ET Q q 0 0 0 rg BT 510.55 337.05 Td (2015) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 317.23 cm /I69 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 320.25 Td (Preparing ) Tj ET Q q 0 0 0 rg BT 168.62 320.25 Td (for ) Tj ET Q q 0 0 0 rg BT 184.89 320.25 Td (the ) Tj ET Q q 0 0 0 rg BT 203.61 320.25 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 244.72 320.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 262.20 320.25 Td (launch ) Tj ET Q q 0 0 0 rg BT 298.04 320.25 Td (in ) Tj ET Q q 0 0 0 rg BT 309.35 320.25 Td (Austria ) Tj ET Q q 0 0 0 rg BT 347.01 320.25 Td (and ) Tj ET Q q 0 0 0 rg BT 368.79 320.25 Td (the ) Tj ET Q q 0 0 0 rg BT 387.51 320.25 Td (expansion ) Tj ET Q q 0 0 0 rg BT 441.09 320.25 Td (of ) Tj ET Q q 0 0 0 rg BT 453.69 320.25 Td ("Horizon ) Tj ET Q q 0 0 0 rg BT 498.93 320.25 Td (Light" ) Tj ET Q q 0 0 0 rg BT 530.11 320.25 Td (across ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 307.05 Td (more ) Tj ET Q q 0 0 0 rg BT 145.62 307.05 Td (CEE ) Tj ET Q q 0 0 0 rg BT 171.29 307.05 Td (markets ) Tj ET Q q 0 0 0 rg BT 213.47 307.05 Td (to ) Tj ET Q q 0 0 0 rg BT 225.70 307.05 Td (customers ) Tj ET Q q 0 0 0 rg BT 279.49 307.05 Td (using ) Tj ET Q q 0 0 0 rg BT 308.84 307.05 Td (legacy ) Tj ET Q q 0 0 0 rg BT 343.69 307.05 Td (boxes ) Tj ET Q q 0 0 0 rg BT 376.10 307.05 Td (during ) Tj ET Q q 0 0 0 rg BT 409.74 307.05 Td (the ) Tj ET Q q 0 0 0 rg BT 428.08 307.05 Td (first ) Tj ET Q q 0 0 0 rg BT 448.86 307.05 Td (half ) Tj ET Q q 0 0 0 rg BT 469.65 307.05 Td (of ) Tj ET Q q 0 0 0 rg BT 481.88 307.05 Td (2016 ) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.50 287.23 cm /I70 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 290.25 Td (Launched ) Tj ET Q q 0 0 0 rg BT 169.06 290.25 Td (new ) Tj ET Q q 0 0 0 rg BT 192.47 290.25 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 217.70 290.25 Td (router ) Tj ET Q q 0 0 0 rg BT 249.67 290.25 Td (with ) Tj ET Q q 0 0 0 rg BT 272.47 290.25 Td (state-of-the-art ) Tj ET Q q 0 0 0 rg BT 347.84 290.25 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 373.06 290.25 Td (technology; ) Tj ET Q q 0 0 0 rg BT 432.56 290.25 Td (enabling ) Tj ET Q q 0 0 0 rg BT 477.39 290.25 Td (speeds ) Tj ET Q q 0 0 0 rg BT 516.10 290.25 Td (of ) Tj ET Q q 0 0 0 rg BT 528.51 290.25 Td (up ) Tj ET Q q 0 0 0 rg BT 543.98 290.25 Td (to ) Tj ET Q q 0 0 0 rg BT 556.39 290.25 Td (1 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.50 277.05 Td (Gbps ) Tj ET Q q 0 0 0 rg BT 146.85 277.05 Td (across ) Tj ET Q q 0 0 0 rg BT 182.30 277.05 Td (our ) Tj ET Q q 0 0 0 rg BT 201.26 277.05 Td (existing ) Tj ET Q q 0 0 0 rg BT 241.61 277.05 Td (platform) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 254.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 254.25 Td (Mobile) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 113.90 259.50 Td (18) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 121.86 254.25 Td ( ) Tj ET Q q 0 0 0 rg BT 125.61 254.25 Td (base ) Tj ET Q q 0 0 0 rg BT 153.22 254.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 204.67 254.25 Td (by ) Tj ET Q q 0 0 0 rg BT 220.04 254.25 Td (22,000 ) Tj ET Q q 0 0 0 rg BT 257.44 254.25 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 302.78 254.25 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 362.78 254.25 Td (in ) Tj ET Q q 0 0 0 rg BT 375.09 254.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 393.52 254.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 427.23 254.25 Td (by ) Tj ET Q q 0 0 0 rg BT 442.61 254.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 476.94 254.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 506.37 254.25 Td (in ) Tj ET Q q 0 0 0 rg BT 518.69 254.25 Td (Hungary) Tj ET Q q 0 0 0 rg BT 559.45 254.25 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 241.05 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 141.41 241.05 Td (and ) Tj ET Q q 0 0 0 rg BT 162.22 241.05 Td (Austria, ) Tj ET Q q 0 0 0 rg BT 202.56 241.05 Td (supporting ) Tj ET Q q 0 0 0 rg BT 256.99 241.05 Td (top-line ) Tj ET Q q 0 0 0 rg BT 296.12 241.05 Td (growth ) Tj ET Q q 0 0 0 rg BT 332.20 241.05 Td (in ) Tj ET Q q 0 0 0 rg BT 343.81 241.05 Td (those ) Tj ET Q q 0 0 0 rg BT 373.78 241.05 Td (markets) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 224.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 224.25 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 156.85 224.25 Td (integration ) Tj ET Q q 0 0 0 rg BT 211.43 224.25 Td (on ) Tj ET Q q 0 0 0 rg BT 226.88 224.25 Td (track, ) Tj ET Q q 0 0 0 rg BT 256.99 224.25 Td (with ) Tj ET Q q 0 0 0 rg BT 279.76 224.25 Td (over ) Tj ET Q q 0 0 0 rg BT 304.38 224.25 Td (half ) Tj ET Q q 0 0 0 rg BT 325.33 224.25 Td (of ) Tj ET Q q 0 0 0 rg BT 337.72 224.25 Td (the ) Tj ET Q q 0 0 0 rg BT 356.22 224.25 Td (planned ) Tj ET Q q 0 0 0 rg BT 398.59 224.25 Td (250 ) Tj ET Q q 0 0 0 rg BT 420.15 224.25 Td (headcount ) Tj ET Q q 0 0 0 rg BT 474.75 224.25 Td (reduction ) Tj ET Q q 0 0 0 rg BT 523.21 224.25 Td (by ) Tj ET Q q 0 0 0 rg BT 538.04 224.25 Td (2018 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 211.05 Td (already ) Tj ET Q q 0 0 0 rg BT 120.63 211.05 Td (completed ) Tj ET Q q 0 0 0 rg BT 174.44 211.05 Td (in ) Tj ET Q q 0 0 0 rg BT 186.06 211.05 Td (2015) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 194.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 194.25 Td (Footprint ) Tj ET Q q 0 0 0 rg BT 127.77 194.25 Td (expansion ) Tj ET Q q 0 0 0 rg BT 180.79 194.25 Td (accelerating; ) Tj ET Q q 0 0 0 rg BT 246.02 194.25 Td (more ) Tj ET Q q 0 0 0 rg BT 273.94 194.25 Td (than ) Tj ET Q q 0 0 0 rg BT 298.22 194.25 Td (doubled ) Tj ET Q q 0 0 0 rg BT 340.23 194.25 Td (CEE ) Tj ET Q q 0 0 0 rg BT 365.71 194.25 Td (new ) Tj ET Q q 0 0 0 rg BT 388.76 194.25 Td (build ) Tj ET Q q 0 0 0 rg BT 414.86 194.25 Td (to ) Tj ET Q q 0 0 0 rg BT 426.90 194.25 Td (470,000 ) Tj ET Q q 0 0 0 rg BT 469.52 194.25 Td (homes ) Tj ET Q q 0 0 0 rg BT 505.40 194.25 Td (in ) Tj ET Q q 0 0 0 rg BT 516.83 194.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 544.16 194.25 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 181.05 Td (targeting ) Tj ET Q q 0 0 0 rg BT 127.36 181.05 Td (a ) Tj ET Q q 0 0 0 rg BT 136.54 181.05 Td (further ) Tj ET Q q 0 0 0 rg BT 171.39 181.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 216.02 181.05 Td (of ) Tj ET Q q 0 0 0 rg BT 228.25 181.05 Td (new ) Tj ET Q q 0 0 0 rg BT 251.48 181.05 Td (build ) Tj ET Q q 0 0 0 rg BT 277.78 181.05 Td (activity ) Tj ET Q q 0 0 0 rg BT 314.46 181.05 Td (in ) Tj ET Q q 0 0 0 rg BT 326.07 181.05 Td (2016 ) Tj ET Q q 0 0 0 rg BT 353.60 181.05 Td (with ) Tj ET Q q 0 0 0 rg BT 376.22 181.05 Td (attractive ) Tj ET Q q 0 0 0 rg BT 423.90 181.05 Td (returns) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 164.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 164.25 Td (Rebased) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 125.53 169.50 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 129.51 164.25 Td ( ) Tj ET Q q 0 0 0 rg BT 132.40 164.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 175.04 164.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 210.94 164.25 Td (of ) Tj ET Q q 0 0 0 rg BT 223.00 164.25 Td (2% ) Tj ET Q q 0 0 0 rg BT 241.79 164.25 Td (in ) Tj ET Q q 0 0 0 rg BT 253.24 164.25 Td (both ) Tj ET Q q 0 0 0 rg BT 277.53 164.25 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 295.09 164.25 Td (and ) Tj ET Q q 0 0 0 rg BT 316.33 164.25 Td (full-year ) Tj ET Q q 0 0 0 rg BT 358.35 164.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 388.76 164.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 421.61 164.25 Td (by ) Tj ET Q q 0 0 0 rg BT 436.11 164.25 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 511.13 164.25 Td (operations ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 147.45 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 147.45 Td (Rebased ) Tj ET Q q 0 0 0 rg BT 128.59 147.45 Td (Segment ) Tj ET Q q 0 0 0 rg BT 175.67 147.45 Td (OCF) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 198.89 152.70 Td (7) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 202.87 147.45 Td ( ) Tj ET Q q 0 0 0 rg BT 205.92 147.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 242.00 147.45 Td (of ) Tj ET Q q 0 0 0 rg BT 254.23 147.45 Td (9% ) Tj ET Q q 0 0 0 rg BT 273.18 147.45 Td (in ) Tj ET Q q 0 0 0 rg BT 284.80 147.45 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 305.58 147.45 Td (driving ) Tj ET Q q 0 0 0 rg BT 341.04 147.45 Td (3% ) Tj ET Q q 0 0 0 rg BT 360.00 147.45 Td (rebased ) Tj ET Q q 0 0 0 rg BT 402.81 147.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 438.88 147.45 Td (for ) Tj ET Q q 0 0 0 rg BT 454.77 147.45 Td (full-year ) Tj ET Q q 0 0 0 rg BT 496.95 147.45 Td (2015) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 127.63 cm /I71 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 130.65 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 192.19 130.65 Td (operations ) Tj ET Q q 0 0 0 rg BT 246.62 130.65 Td (delivered ) Tj ET Q q 0 0 0 rg BT 294.31 130.65 Td (strong ) Tj ET Q q 0 0 0 rg BT 327.94 130.65 Td (13% ) Tj ET Q q 0 0 0 rg BT 353.01 130.65 Td (rebased ) Tj ET Q q 0 0 0 rg BT 395.82 130.65 Td (Segment ) Tj ET Q q 0 0 0 rg BT 442.90 130.65 Td (OCF ) Tj ET Q q 0 0 0 rg BT 469.18 130.65 Td (growth ) Tj ET Q q 0 0 0 rg BT 505.25 130.65 Td (in ) Tj ET Q q 0 0 0 rg BT 516.87 130.65 Td (Q4) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 27.00 0 0 13.73 90.00 110.83 cm /I72 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 117.00 113.85 Td (CEE ) Tj ET Q q 0 0 0 rg BT 142.67 113.85 Td (posted ) Tj ET Q q 0 0 0 rg BT 178.76 113.85 Td (its ) Tj ET Q q 0 0 0 rg BT 192.81 113.85 Td (best ) Tj ET Q q 0 0 0 rg BT 216.66 113.85 Td (quarter ) Tj ET Q q 0 0 0 rg BT 254.57 113.85 Td (of ) Tj ET Q q 0 0 0 rg BT 266.80 113.85 Td (the ) Tj ET Q q 0 0 0 rg BT 285.15 113.85 Td (year ) Tj ET Q q 0 0 0 rg BT 309.60 113.85 Td (in ) Tj ET Q q 0 0 0 rg BT 321.22 113.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 338.95 113.85 Td (with ) Tj ET Q q 0 0 0 rg BT 361.57 113.85 Td (1% ) Tj ET Q q 0 0 0 rg BT 380.52 113.85 Td (rebased ) Tj ET Q q 0 0 0 rg BT 423.33 113.85 Td (Segment ) Tj ET Q q 0 0 0 rg BT 470.41 113.85 Td (OCF ) Tj ET Q q 0 0 0 rg BT 496.69 113.85 Td (growth ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 54.50 97.05 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.50 97.05 Td (Property ) Tj ET Q q 0 0 0 rg BT 126.13 97.05 Td (and ) Tj ET Q q 0 0 0 rg BT 147.54 97.05 Td (equipment ) Tj ET Q q 0 0 0 rg BT 201.96 97.05 Td (additions) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 246.00 102.30 Td (9) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 249.97 97.05 Td ( ) Tj ET Q q 0 0 0 rg BT 253.03 97.05 Td (were ) Tj ET Q q 0 0 0 rg BT 279.93 97.05 Td (21.1% ) Tj ET Q q 0 0 0 rg BT 314.17 97.05 Td (of ) Tj ET Q q 0 0 0 rg BT 326.40 97.05 Td (revenue ) Tj ET Q q 0 0 0 rg BT 369.21 97.05 Td (in ) Tj ET Q q 0 0 0 rg BT 380.83 97.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 411.41 97.05 Td (in-line ) Tj ET Q q 0 0 0 rg BT 443.81 97.05 Td (with ) Tj ET Q q 0 0 0 rg BT 466.43 97.05 Td (guidance) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 49.50 82.05 Td (* ) Tj ET Q q 0 0 0 rg BT 52.73 82.05 Td (The ) Tj ET Q q 0 0 0 rg BT 63.36 82.05 Td (financial ) Tj ET Q q 0 0 0 rg BT 84.71 82.05 Td (figures ) Tj ET Q q 0 0 0 rg BT 102.38 82.05 Td (contained ) Tj ET Q q 0 0 0 rg BT 127.39 82.05 Td (in ) Tj ET Q q 0 0 0 rg BT 132.83 82.05 Td (this ) Tj ET Q q 0 0 0 rg BT 142.55 82.05 Td (release ) Tj ET Q q 0 0 0 rg BT 161.75 82.05 Td (are ) Tj ET Q q 0 0 0 rg BT 170.86 82.05 Td (prepared ) Tj ET Q q 0 0 0 rg BT 194.04 82.05 Td (in ) Tj ET Q q 0 0 0 rg BT 199.48 82.05 Td (accordance ) Tj ET Q q 0 0 0 rg BT 229.08 82.05 Td (with ) Tj ET Q q 0 0 0 rg BT 240.02 82.05 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 251.88 82.05 Td (GAAP) Tj ET Q BT /F2 5.50 Tf ET BT /F2 3.57 Tf ET q 0 0 0 rg BT 267.17 84.67 Td (10) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 271.14 82.05 Td (. ) Tj ET Q q 0 0 0 rg BT 273.83 82.05 Td (During ) Tj ET Q q 0 0 0 rg BT 291.19 82.05 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 299.69 82.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 314.62 82.05 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 332.29 82.05 Td (Global ) Tj ET Q q 0 0 0 rg BT 349.35 82.05 Td (completed ) Tj ET Q q 0 0 0 rg BT 375.89 82.05 Td (certain ) Tj ET Q q 0 0 0 rg BT 393.56 82.05 Td (internal ) Tj ET Q q 0 0 0 rg BT 412.76 82.05 Td (reorganizations ) Tj ET Q q 0 0 0 rg BT 451.53 82.05 Td (of ) Tj ET Q q 0 0 0 rg BT 457.27 82.05 Td (its ) Tj ET Q q 0 0 0 rg BT 463.94 82.05 Td (broadband ) Tj ET Q q 0 0 0 rg BT 491.40 82.05 Td (and ) Tj ET Q q 0 0 0 rg BT 501.74 82.05 Td (wireless ) Tj ET Q q 0 0 0 rg BT 522.77 82.05 Td (communications ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 54.00 75.45 Td (businesses ) Tj ET Q q 0 0 0 rg BT 82.88 75.45 Td (in ) Tj ET Q q 0 0 0 rg BT 88.53 75.45 Td (Europe ) Tj ET Q q 0 0 0 rg BT 107.63 75.45 Td (that ) Tj ET Q q 0 0 0 rg BT 118.17 75.45 Td (resulted ) Tj ET Q q 0 0 0 rg BT 139.11 75.45 Td (in ) Tj ET Q q 0 0 0 rg BT 144.76 75.45 Td (the ) Tj ET Q q 0 0 0 rg BT 153.77 75.45 Td (transfer ) Tj ET Q q 0 0 0 rg BT 173.78 75.45 Td (of ) Tj ET Q q 0 0 0 rg BT 179.74 75.45 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 185.99 75.45 Td (UPC ) Tj ET Q q 0 0 0 rg BT 198.97 75.45 Td (Broadband ) Tj ET Q q 0 0 0 rg BT 227.25 75.45 Td (Ireland ) Tj ET Q q 0 0 0 rg BT 245.43 75.45 Td (Ltd. ) Tj ET Q q 0 0 0 rg BT 255.97 75.45 Td (and ) Tj ET Q q 0 0 0 rg BT 266.52 75.45 Td (its ) Tj ET Q q 0 0 0 rg BT 273.38 75.45 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 305.32 75.45 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 312.79 75.45 Td (UPC ) Tj ET Q q 0 0 0 rg BT 325.77 75.45 Td (Nederland ) Tj ET Q q 0 0 0 rg BT 352.52 75.45 Td (Holding ) Tj ET Q q 0 0 0 rg BT 372.54 75.45 Td (I ) Tj ET Q q 0 0 0 rg BT 375.43 75.45 Td (B.V) Tj ET Q q 0 0 0 rg BT 383.79 75.45 Td (. ) Tj ET Q q 0 0 0 rg BT 386.69 75.45 Td (and ) Tj ET Q q 0 0 0 rg BT 397.23 75.45 Td (its ) Tj ET Q q 0 0 0 rg BT 404.10 75.45 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 436.04 75.45 Td (including ) Tj ET Q q 0 0 0 rg BT 459.11 75.45 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 474.24 75.45 Td (Services ) Tj ET Q q 0 0 0 rg BT 496.70 75.45 Td (B.V) Tj ET Q q 0 0 0 rg BT 505.06 75.45 Td (. ) Tj ET Q q 0 0 0 rg BT 507.95 75.45 Td (and ) Tj ET Q q 0 0 0 rg BT 518.49 75.45 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 527.19 75.45 Td (certain ) Tj ET Q q 0 0 0 rg BT 545.07 75.45 Td (entities ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 54.00 68.85 Td (\(the ) Tj ET Q q 0 0 0 rg BT 65.42 68.85 Td ("Corporate ) Tj ET Q q 0 0 0 rg BT 93.78 68.85 Td (Entities"\) ) Tj ET Q q 0 0 0 rg BT 117.54 68.85 Td (from ) Tj ET Q q 0 0 0 rg BT 130.49 68.85 Td (UPC ) Tj ET Q q 0 0 0 rg BT 144.04 68.85 Td (Holding ) Tj ET Q q 0 0 0 rg BT 164.64 68.85 Td (to ) Tj ET Q q 0 0 0 rg BT 171.17 68.85 Td (certain ) Tj ET Q q 0 0 0 rg BT 189.62 68.85 Td (other ) Tj ET Q q 0 0 0 rg BT 204.10 68.85 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 222.55 68.85 Td (Global ) Tj ET Q q 0 0 0 rg BT 240.40 68.85 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 271.38 68.85 Td (outside ) Tj ET Q q 0 0 0 rg BT 291.06 68.85 Td (of ) Tj ET Q q 0 0 0 rg BT 297.60 68.85 Td (UPC ) Tj ET Q q 0 0 0 rg BT 311.15 68.85 Td (Holding ) Tj ET Q q 0 0 0 rg BT 331.75 68.85 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 359.77 68.85 Td (, ) Tj ET Q q 0 0 0 rg BT 363.24 68.85 Td (the ) Tj ET Q q 0 0 0 rg BT 372.83 68.85 Td ("Common ) Tj ET Q q 0 0 0 rg BT 399.04 68.85 Td (Control ) Tj ET Q q 0 0 0 rg BT 418.58 68.85 Td (T) Tj ET Q q 0 0 0 rg BT 421.74 68.85 Td (ransfers"\). ) Tj ET Q q 0 0 0 rg BT 448.74 68.85 Td (The ) Tj ET Q q 0 0 0 rg BT 460.16 68.85 Td (Corporate ) Tj ET Q q 0 0 0 rg BT 486.56 68.85 Td (Entities ) Tj ET Q q 0 0 0 rg BT 506.54 68.85 Td (incur ) Tj ET Q q 0 0 0 rg BT 520.41 68.85 Td (central ) Tj ET Q q 0 0 0 rg BT 538.86 68.85 Td (and ) Tj ET Q q 0 0 0 rg BT 549.98 68.85 Td (other ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 54.00 62.25 Td (administrative ) Tj ET Q q 0 0 0 rg BT 89.55 62.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 104.00 62.25 Td (that ) Tj ET Q q 0 0 0 rg BT 114.79 62.25 Td (are ) Tj ET Q q 0 0 0 rg BT 124.35 62.25 Td (allocated ) Tj ET Q q 0 0 0 rg BT 147.98 62.25 Td (to ) Tj ET Q q 0 0 0 rg BT 154.18 62.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 172.31 62.25 Td (Global) Tj ET Q q 0 0 0 rg BT 189.33 62.25 Td (s ) Tj ET Q q 0 0 0 rg BT 193.69 62.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 218.25 62.25 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 250.43 62.25 Td (including ) Tj ET Q q 0 0 0 rg BT 273.76 62.25 Td (UPC ) Tj ET Q q 0 0 0 rg BT 286.98 62.25 Td (Holding ) Tj ET Q q 0 0 0 rg BT 307.25 62.25 Td (following ) Tj ET Q q 0 0 0 rg BT 330.27 62.25 Td (the ) Tj ET Q q 0 0 0 rg BT 339.53 62.25 Td (transfer ) Tj ET Q q 0 0 0 rg BT 359.79 62.25 Td (of ) Tj ET Q q 0 0 0 rg BT 365.99 62.25 Td (the ) Tj ET Q q 0 0 0 rg BT 375.25 62.25 Td (Corporate ) Tj ET Q q 0 0 0 rg BT 401.33 62.25 Td (Entities. ) Tj ET Q q 0 0 0 rg BT 422.51 62.25 Td (W) Tj ET Q q 0 0 0 rg BT 427.60 62.25 Td (e ) Tj ET Q q 0 0 0 rg BT 432.27 62.25 Td (have ) Tj ET Q q 0 0 0 rg BT 445.81 62.25 Td (accounted ) Tj ET Q q 0 0 0 rg BT 472.81 62.25 Td (for ) Tj ET Q q 0 0 0 rg BT 480.84 62.25 Td (the ) Tj ET Q q 0 0 0 rg BT 490.10 62.25 Td (Common ) Tj ET Q q 0 0 0 rg BT 514.03 62.25 Td (Control ) Tj ET Q q 0 0 0 rg BT 533.27 62.25 Td (T) Tj ET Q q 0 0 0 rg BT 536.43 62.25 Td (ransfers ) Tj ET Q q 0 0 0 rg BT 557.91 62.25 Td (at ) Tj ET Q BT /F2 5.50 Tf ET q 0 0 0 rg BT 54.00 55.65 Td (carryover ) Tj ET Q q 0 0 0 rg BT 78.45 55.65 Td (basis ) Tj ET Q q 0 0 0 rg BT 92.82 55.65 Td (and ) Tj ET Q q 0 0 0 rg BT 103.52 55.65 Td (the ) Tj ET Q q 0 0 0 rg BT 112.70 55.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 134.41 55.65 Td (information ) Tj ET Q q 0 0 0 rg BT 163.15 55.65 Td (and ) Tj ET Q q 0 0 0 rg BT 173.85 55.65 Td (operating ) Tj ET Q q 0 0 0 rg BT 198.32 55.65 Td (statistics ) Tj ET Q q 0 0 0 rg BT 220.93 55.65 Td (presented ) Tj ET Q q 0 0 0 rg BT 246.93 55.65 Td (herein ) Tj ET Q q 0 0 0 rg BT 263.74 55.65 Td (have ) Tj ET Q q 0 0 0 rg BT 277.20 55.65 Td (been ) Tj ET Q q 0 0 0 rg BT 290.96 55.65 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 327.95 55.65 Td (revised ) Tj ET Q q 0 0 0 rg BT 347.21 55.65 Td (to ) Tj ET Q q 0 0 0 rg BT 353.33 55.65 Td (give ) Tj ET Q q 0 0 0 rg BT 364.95 55.65 Td (ef) Tj ET Q q 0 0 0 rg BT 369.43 55.65 Td (fect ) Tj ET Q q 0 0 0 rg BT 379.83 55.65 Td (to ) Tj ET Q q 0 0 0 rg BT 385.94 55.65 Td (these ) Tj ET Q q 0 0 0 rg BT 400.93 55.65 Td (transactions ) Tj ET Q q 0 0 0 rg BT 432.11 55.65 Td (for ) Tj ET Q q 0 0 0 rg BT 440.06 55.65 Td (all ) Tj ET Q q 0 0 0 rg BT 447.09 55.65 Td (periods ) Tj ET Q q 0 0 0 rg BT 466.66 55.65 Td (presented.) Tj ET Q /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I73 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 (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 406 659.35 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 439.70 678.75 Td (ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.45 663.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.45 663.75 Td (2014) 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 (1) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 122.44 635.34 Td (1) 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 (12,772,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.55 629.97 Td (12,166,400) 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 (12) 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 (12,562,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.55 615.57 Td (11,836,400) 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 (2) 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 (13) 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 (1,604,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 581.97 Td (1,777,500) 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 (14) 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 (3,585,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 566.97 Td (3,463,100) 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 (32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 79.28 551.97 Td ( and MMDS) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 132.07 556.74 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.10 551.57 Td (.............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.45 551.97 Td (829,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.45 551.97 Td (783,900) 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 (6,019,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 536.97 Td (6,024,500) 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 (3) 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 (3,954,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 517.97 Td (3,740,000) 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 (4) 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 (2,658,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 502.97 Td (2,437,300) 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 (12,631,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.55 487.97 Td (12,201,800) 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 53.5 467.38525390625 m 243.7099609375 467.38525390625 l s q 0 0 0 rg BT 53.50 468.97 Td (Q4 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 (\(52,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 453.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.65 453.97 Td (\(97,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 453.97 Td (\)) 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 (41,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 438.97 Td (54,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 423.97 Td (DTH and MMDS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 127.40 423.57 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.00 423.97 Td (30,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 423.97 Td (34,000) 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 442.00 408.97 Td (20,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.20 408.97 Td (\(9,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 408.97 Td (\)) 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 (56,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 389.97 Td (69,600) 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 (74,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 374.97 Td (31,600) 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 436.45 359.97 Td (151,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 359.97 Td (91,600) 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 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 (29) 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 (69.1) 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 (66.1) 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 (30) 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 (31.5) 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 (30) 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 (21.2) 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 (20.6) 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 (6,782,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.10 260.97 Td (6,782,000) 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 (1.86) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 245.97 Td (1.80) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 230.97 Td (Q4 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 (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.55 230.57 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 (26.72) 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 (25.33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 215.97 Td (Full-Y) Tj ET Q q 0 0 0 rg BT 76.70 215.97 Td (ear Monthly ) Tj ET Q q 0 0 0 rg BT 131.17 215.97 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 280.12 220.74 Td (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.55 215.57 Td (.........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.50 215.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 215.97 Td (27.02) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 215.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 215.97 Td (25.01) 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 51.5 195.38525390625 m 144.2734375 195.38525390625 l s q 0 0 0 rg BT 51.50 196.97 Td (Customer Bundling) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 181.97 Td (Single-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 105.20 181.57 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 181.97 Td (47.1) 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 (50.4) 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 (Double-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 110.75 166.57 Td (.........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 166.97 Td (19.6) 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 (19.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 166.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 151.97 Td (Triple-Play) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 102.40 151.57 Td (............................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 151.97 Td (33.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.60 151.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 151.97 Td (30.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 151.97 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 51.5 131.38525390625 m 143.74609375 131.38525390625 l s q 0 0 0 rg BT 51.50 132.97 Td (Mobile Subscribers) Tj ET Q BT /F3 10.00 Tf ET BT /F3 6.50 Tf ET q 0 0 0 rg BT 143.75 137.74 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 117.97 Td (Total Mobile subscribers) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 160.75 117.57 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.00 117.97 Td (87,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.00 117.97 Td (30,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 102.97 Td (Q4 organic Mobile net additions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 194.10 102.57 Td (...........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.00 102.97 Td (22,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 102.97 Td (6,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 82.97 Td (Q4 Monthly ) Tj ET Q q 0 0 0 rg BT 104.86 82.97 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 87.74 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 67.97 Td (Excluding interconnect revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.75 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 (19.23) 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 (10.61) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.50 52.97 Td (Including interconnect revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 208.00 52.57 Td (......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.50 52.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 52.97 Td (21.95) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 52.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 52.97 Td (11.67) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I74 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 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 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 679.85 Td (The ) Tj ET Q q 0 0 0 rg BT 70.84 679.85 Td (following ) Tj ET Q q 0 0 0 rg BT 113.86 679.85 Td (table ) Tj ET Q q 0 0 0 rg BT 139.65 679.85 Td (reflects ) Tj ET Q q 0 0 0 rg BT 175.99 679.85 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 229.00 679.85 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 277.04 679.85 Td (selected ) Tj ET Q q 0 0 0 rg BT 318.39 679.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 359.19 679.85 Td (results ) Tj ET Q q 0 0 0 rg BT 392.75 679.85 Td (for ) Tj ET Q q 0 0 0 rg BT 408.53 679.85 Td (the ) Tj ET Q q 0 0 0 rg BT 426.54 679.85 Td (three ) Tj ET Q q 0 0 0 rg BT 453.44 679.85 Td (months ) Tj ET Q q 0 0 0 rg BT 490.34 679.85 Td (and ) Tj ET Q q 0 0 0 rg BT 511.13 679.85 Td (year ) Tj ET Q q 0 0 0 rg BT 534.69 679.85 Td (ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 669.85 Td (December ) Tj ET Q q 0 0 0 rg BT 98.41 669.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 115.09 669.85 Td (2015, ) Tj ET Q q 0 0 0 rg BT 142.89 669.85 Td (and ) Tj ET Q q 0 0 0 rg BT 162.35 669.85 Td (2014. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 636.35 m 312 636.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312 636.35 m 316 636.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 636.35 m 363 636.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 636.35 m 463 636.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 636.35 m 467 636.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 636.35 m 517 636.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 636.35 m 312 636.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 623.35 m 312 623.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 636.35 m 363 636.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 623.35 m 363 623.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 623.35 m 409 623.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 636.35 m 463 636.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 623.35 m 463 623.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 636.35 m 517 636.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 623.35 m 517 623.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 623.35 m 563 623.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 574.35 m 312 574.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 574.35 m 363 574.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 574.35 m 409 574.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 574.35 m 463 574.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 574.35 m 517 574.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 574.35 m 563 574.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 563.35 m 312 563.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 561.35 m 312 561.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 574.35 m 363 574.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 563.35 m 363 563.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 561.35 m 363 561.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 563.35 m 409 563.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 561.35 m 409 561.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 574.35 m 463 574.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 563.35 m 463 563.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 561.35 m 463 561.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 574.35 m 517 574.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 563.35 m 517 563.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 561.35 m 517 561.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 563.35 m 563 563.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 561.35 m 563 561.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 507.35 m 312 507.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 507.35 m 363 507.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 507.35 m 463 507.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 507.35 m 517 507.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 507.35 m 409 507.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 496.35 m 409 496.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 494.35 m 409 494.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 507.35 m 563 507.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 496.35 m 563 496.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521 494.35 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 265 435.35 m 312 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312 435.35 m 316 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 435.35 m 363 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 435.35 m 463 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 435.35 m 467 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 435.35 m 312 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 424.35 m 312 424.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 422.35 m 312 422.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 435.35 m 363 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 424.35 m 363 424.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 422.35 m 363 422.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 435.35 m 463 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 424.35 m 463 424.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 422.35 m 463 422.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 435.35 m 517 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 424.35 m 517 424.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 422.35 m 517 422.35 l s BT /F3 8.50 Tf ET q 0 0 0 rg BT 271.70 649.16 Td (Three months ended) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 285.85 640.66 Td (December 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 369.75 636.16 Td (Rebased) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 371.90 627.66 Td (Change) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 441.80 649.16 Td (Year ended) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 436.85 640.66 Td (December 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 523.75 636.16 Td (Rebased) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 525.90 627.66 Td (Change) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 278.50 627.66 Td (2015) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 329.50 627.66 Td (2014) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 428.00 627.66 Td (2015) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 482.00 627.66 Td (2014) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 352.80 614.66 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 52.5 600.449609375 m 86.5263671875 600.449609375 l s q 0 0 0 rg BT 52.50 601.66 Td (Revenue) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 589.66 Td (Switzerland/Austria) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 136.30 589.66 Td (.....................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 269.50 589.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 282.60 589.66 Td (394.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 320.50 589.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.60 589.71 Td (356.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.05 589.71 Td (2.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 400.90 589.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 417.50 589.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 426.50 589.66 Td (1,584.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 471.50 589.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 480.50 589.66 Td (1,390.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 589.66 Td (2.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 589.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 577.66 Td (Central and Eastern Europe) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 169.35 577.66 Td (.......................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 282.60 577.66 Td (241.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.60 577.71 Td (239.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.05 577.71 Td (1.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 400.90 577.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 433.60 577.71 Td (960.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.60 577.71 Td (947.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 577.66 Td (1.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 577.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 66.50 565.66 Td ( Total) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 98.50 565.66 Td (.....................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 269.50 565.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 282.60 565.66 Td (636.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 320.50 565.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.60 565.71 Td (596.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.05 565.71 Td (1.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 400.90 565.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 417.50 565.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 426.50 565.66 Td (2,544.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 471.50 565.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 480.50 565.66 Td (2,337.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 565.66 Td (2.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 565.66 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 52.5 545.449609375 m 106.82666015625 545.449609375 l s q 0 0 0 rg BT 52.50 546.66 Td (Segment OCF) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 534.66 Td (Switzerland/Austria) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 136.30 534.66 Td (.....................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 269.50 534.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 282.60 534.66 Td (239.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 320.50 534.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.60 534.71 Td (194.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.35 534.71 Td (13.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 400.90 534.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 417.50 534.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 433.60 534.71 Td (937.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 471.50 534.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.60 534.71 Td (794.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 534.66 Td (6.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 534.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 522.66 Td (Central and Eastern Europe) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 169.35 522.66 Td (.......................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 282.60 522.66 Td (108.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.60 522.71 Td (107.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.05 522.71 Td (0.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 400.90 522.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 433.60 522.71 Td (427.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.60 522.71 Td (438.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 537.45 522.66 Td (\(2.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 552.10 522.66 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 510.66 Td (Other) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 86.70 510.66 Td (..........................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 289.25 510.66 Td (\(0.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 303.90 510.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 340.25 510.66 Td (\(0.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 354.90 510.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 387.55 510.66 Td (N.M.) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 440.25 510.66 Td (\(1.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 510.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 494.25 510.66 Td (\(0.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 508.90 510.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 541.55 510.66 Td (N.M.) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 72.50 498.66 Td (Total Segment OCF) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 150.45 498.66 Td (...............................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 282.60 498.66 Td (346.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.60 498.71 Td (301.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.05 498.71 Td (8.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 400.90 498.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 426.50 498.66 Td (1,362.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 480.50 498.66 Td (1,232.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 498.66 Td (3.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 498.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 482.66 Td (Share-based compensation expense) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 202.45 482.66 Td (.........................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 289.25 482.66 Td (\(3.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 303.90 482.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 340.25 482.66 Td (\(1.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 354.90 482.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 435.50 482.66 Td (\(12.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 482.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 494.25 482.66 Td (\(5.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 508.90 482.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 470.66 Td (Related-party fees and allocations, net) Tj ET Q BT /F2 8.50 Tf ET BT /F2 5.52 Tf ET q 0 0 0 rg BT 206.57 474.72 Td (20) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 214.25 470.66 Td (....................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 284.50 470.66 Td (\(71.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 303.90 470.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 335.50 470.66 Td (\(48.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 354.90 470.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 430.75 470.66 Td (\(282.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 470.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 484.75 470.66 Td (\(213.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 508.90 470.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 458.66 Td (Depreciation and amortization) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 176.45 458.66 Td (....................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 279.75 458.66 Td (\(139.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 303.90 458.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 330.75 458.66 Td (\(135.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 354.90 458.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 430.75 458.66 Td (\(572.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 458.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 484.75 458.66 Td (\(524.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 508.90 458.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 61.50 446.66 Td (Impairment, restructuring and other operating items,) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 66.00 438.16 Td (net) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 82.00 437.66 Td (............................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 292.05 439.66 Td (4.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 340.25 439.66 Td (\(1.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 354.90 439.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 440.25 439.66 Td (\(5.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 439.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 497.05 439.71 Td (3.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 72.50 426.66 Td (Operating income) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 143.40 426.66 Td (..................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 269.50 426.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 282.60 426.66 Td (137.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 320.50 426.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.60 426.71 Td (114.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 417.50 426.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 433.60 426.71 Td (491.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 471.50 426.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 487.60 426.71 Td (492.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 72.50 409.66 Td (Segment OCF as percentage of revenue) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 228.40 409.66 Td (..............) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 287.35 409.66 Td (54.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 303.90 409.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 338.35 409.71 Td (50.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 354.90 409.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 409.71 Td (53.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 409.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 492.35 409.71 Td (52.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 508.90 409.66 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 49.5 399.1888671875 m 177 399.1888671875 l s q 0 0 0 rg BT 49.50 396.85 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 49.50 387.85 Td (N.M. ) Tj ET Q q 0 0 0 rg BT 71.00 387.85 Td (- ) Tj ET Q q 0 0 0 rg BT 76.50 387.85 Td (not ) Tj ET Q q 0 0 0 rg BT 91.51 387.85 Td (meaningful) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 367.85 Td (The ) Tj ET Q q 0 0 0 rg BT 69.57 367.85 Td (following ) Tj ET Q q 0 0 0 rg BT 111.33 367.85 Td (table ) Tj ET Q q 0 0 0 rg BT 135.85 367.85 Td (provides ) Tj ET Q q 0 0 0 rg BT 176.49 367.85 Td (details ) Tj ET Q q 0 0 0 rg BT 208.24 367.85 Td (of ) Tj ET Q q 0 0 0 rg BT 219.42 367.85 Td (our ) Tj ET Q q 0 0 0 rg BT 236.72 367.85 Td (property ) Tj ET Q q 0 0 0 rg BT 276.25 367.85 Td (and ) Tj ET Q q 0 0 0 rg BT 295.77 367.85 Td (equipment ) Tj ET Q q 0 0 0 rg BT 345.32 367.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 388.19 367.85 Td (for ) Tj ET Q q 0 0 0 rg BT 402.70 367.85 Td (the ) Tj ET Q q 0 0 0 rg BT 419.44 367.85 Td (indicated ) Tj ET Q q 0 0 0 rg BT 462.31 367.85 Td (periods ) Tj ET Q q 0 0 0 rg BT 497.95 367.85 Td (and ) Tj ET Q q 0 0 0 rg BT 517.48 367.85 Td (reconciles ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 357.85 Td (those ) Tj ET Q q 0 0 0 rg BT 80.29 357.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 126.65 357.85 Td (to ) Tj ET Q q 0 0 0 rg BT 141.32 357.85 Td (the ) Tj ET Q q 0 0 0 rg BT 161.56 357.85 Td (capital ) Tj ET Q q 0 0 0 rg BT 196.79 357.85 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 260.38 357.85 Td (that ) Tj ET Q q 0 0 0 rg BT 283.39 357.85 Td (we ) Tj ET Q q 0 0 0 rg BT 302.51 357.85 Td (present ) Tj ET Q q 0 0 0 rg BT 342.19 357.85 Td (in ) Tj ET Q q 0 0 0 rg BT 356.31 357.85 Td (our ) Tj ET Q q 0 0 0 rg BT 377.09 357.85 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 439.57 357.85 Td (statements ) Tj ET Q q 0 0 0 rg BT 494.81 357.85 Td (of ) Tj ET Q q 0 0 0 rg BT 509.49 357.85 Td (cash ) Tj ET Q q 0 0 0 rg BT 536.94 357.85 Td (flows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 328.35 m 413 328.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 328.35 m 417 328.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 328.35 m 463 328.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 328.35 m 513 328.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 328.35 m 517 328.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 328.35 m 563 328.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 328.35 m 413 328.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 317.35 m 413 317.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 328.35 m 463 328.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 317.35 m 463 317.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 328.35 m 513 328.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 317.35 m 513 317.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 328.35 m 563 328.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 317.35 m 563 317.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 317.35 m 463 317.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 246.35000000000002 m 413 246.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 246.35000000000002 m 463 246.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 246.35000000000002 m 513 246.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 246.35000000000002 m 563 246.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 246.35000000000002 m 563 246.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 186.35000000000002 m 413 186.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 175.35000000000002 m 413 175.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 173.35000000000002 m 413 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 186.35000000000002 m 463 186.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 175.35000000000002 m 463 175.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 173.35000000000002 m 463 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 186.35000000000002 m 513 186.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 175.35000000000002 m 513 175.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 173.35000000000002 m 513 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 186.35000000000002 m 563 186.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 175.35000000000002 m 563 175.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 173.35000000000002 m 563 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 134.35000000000002 m 413 134.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 134.35000000000002 m 463 134.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 134.35000000000002 m 513 134.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 134.35000000000002 m 563 134.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 110.35000000000002 m 413 110.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 99.35000000000002 m 413 99.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 97.35000000000002 m 413 97.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 110.35000000000002 m 417 110.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 110.35000000000002 m 463 110.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 99.35000000000002 m 463 99.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 97.35000000000002 m 463 97.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 110.35000000000002 m 513 110.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 99.35000000000002 m 513 99.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 97.35000000000002 m 513 97.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 110.35000000000002 m 563 110.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 99.35000000000002 m 563 99.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 97.35000000000002 m 563 97.35000000000002 l s BT /F3 8.50 Tf ET q 0 0 0 rg BT 372.70 338.66 Td (Three months ended) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 386.85 330.21 Td (December 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 491.80 338.66 Td (Year ended) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 486.85 330.21 Td (December 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 380.00 319.66 Td (2015) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 430.00 319.66 Td (2014) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 480.00 319.66 Td (2015) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 530.00 319.66 Td (2014) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 403.80 308.66 Td (in millions, except % amounts) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 297.66 Td (Customer premises equipment) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 172.15 297.66 Td (.................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 369.50 297.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 388.35 297.71 Td (18.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 419.50 297.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 297.71 Td (37.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 469.50 297.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 483.60 297.71 Td (174.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 519.50 297.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 533.60 297.71 Td (179.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 285.66 Td (Scalable infrastructure) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 141.45 285.66 Td (..............................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 388.35 285.71 Td (34.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 285.71 Td (25.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 488.35 285.71 Td (98.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 285.71 Td (94.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 273.66 Td (Line extensions) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 117.85 273.66 Td (........................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 388.35 273.71 Td (36.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 273.71 Td (21.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 488.35 273.71 Td (95.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 273.71 Td (57.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 261.66 Td (Upgrade/rebuild) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 117.85 261.66 Td (........................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 388.35 261.71 Td (24.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 261.71 Td (17.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 488.35 261.71 Td (76.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 261.71 Td (56.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 249.66 Td (Support capital) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 115.50 249.66 Td (.........................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 388.35 249.71 Td (28.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 249.71 Td (25.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 488.35 249.71 Td (76.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 249.71 Td (61.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 237.66 Td ( Property and equipment additions) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 198.15 237.66 Td (......................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 383.60 237.71 Td (141.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 433.60 237.71 Td (127.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 483.60 237.71 Td (521.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 533.60 237.71 Td (450.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 225.66 Td (Assets acquired under capital-related vendor financing arrangements) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 313.90 225.66 Td (.....................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 380.75 225.66 Td (\(103.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 404.90 225.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 435.50 225.66 Td (\(82.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 225.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 480.75 225.66 Td (\(517.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 504.90 225.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 530.75 225.66 Td (\(313.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 225.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 213.66 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 197.08 217.72 Td (33) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 207.60 213.66 Td (..................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 390.25 213.66 Td (\(3.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 404.90 213.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 440.25 213.66 Td (\(3.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 213.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 485.50 213.66 Td (\(16.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 504.90 213.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 535.50 213.66 Td (\(18.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 213.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 201.66 Td (Assets acquired under capital leases) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 195.80 201.66 Td (.......................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 390.25 201.66 Td (\(0.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 404.90 201.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 440.25 201.66 Td (\(0.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 201.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 490.25 201.66 Td (\(1.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 504.90 201.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 540.25 201.66 Td (\(0.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 201.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 189.66 Td (Changes in current liabilities related to capital expenditures) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 276.10 189.66 Td (.....................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 390.25 189.66 Td (\(3.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 404.90 189.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 189.71 Td (40.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 483.60 189.71 Td (153.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 533.60 189.71 Td (137.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 177.66 Td ( ) Tj ET Q q 0 0 0 rg BT 73.60 177.66 Td (T) Tj ET Q q 0 0 0 rg BT 77.85 177.66 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 169.53 181.72 Td (21) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 179.25 177.66 Td (..............................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 369.50 177.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 388.35 177.71 Td (29.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 419.50 177.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 177.71 Td (82.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 469.50 177.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 483.60 177.71 Td (139.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 519.50 177.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 533.60 177.71 Td (255.0) 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 52.5 160.44960937500002 m 216.9462890625 160.44960937500002 l s q 0 0 0 rg BT 52.50 161.66 Td (Regional Property and Equipment Additions) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 149.66 Td (Switzerland/Austria) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 129.65 149.66 Td (...................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 369.50 149.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 388.35 149.71 Td (86.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 419.50 149.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 149.71 Td (69.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 469.50 149.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 483.60 149.71 Td (285.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 519.50 149.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 533.60 149.71 Td (246.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 137.66 Td (Central and Eastern Europe) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 162.70 137.66 Td (.....................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 388.35 137.71 Td (84.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 137.71 Td (71.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 483.60 137.71 Td (250.7) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 533.60 137.71 Td (201.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 58.50 125.66 Td (Total segment property and equipment additions) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 243.00 125.66 Td (...................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 383.60 125.71 Td (171.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 433.60 125.71 Td (140.4) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 483.60 125.71 Td (535.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 533.60 125.71 Td (448.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 113.66 Td (Other) Tj ET Q BT /F2 8.50 Tf ET BT /F2 5.52 Tf ET q 0 0 0 rg BT 73.76 117.72 Td (34) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 84.80 113.66 Td (......................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 385.50 113.66 Td (\(30.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 404.90 113.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 435.50 113.66 Td (\(12.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 113.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 485.50 113.66 Td (\(14.5) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 504.90 113.66 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 543.05 113.71 Td (2.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 101.66 Td ( Total) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 89.50 101.66 Td (....................................................................................................................) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 369.50 101.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 383.60 101.71 Td (141.0) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 419.50 101.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 433.60 101.71 Td (127.8) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 469.50 101.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 483.60 101.71 Td (521.3) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 519.50 101.66 Td () Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 533.60 101.71 Td (450.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 52.50 85.66 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 89.72 Td (34) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 328.05 85.66 Td (...............) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 388.35 85.71 Td (26.9) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 404.90 85.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.35 85.71 Td (23.6) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.90 85.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 488.35 85.71 Td (21.1) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 504.90 85.66 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 538.35 85.71 Td (19.2) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 554.90 85.66 Td (%) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I75 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 (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 (During ) Tj ET Q q 0 0 0 rg BT 84.31 683.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 114.24 683.45 Td (we ) Tj ET Q q 0 0 0 rg BT 130.70 683.45 Td (successfully ) Tj ET Q q 0 0 0 rg BT 192.40 683.45 Td (implemented ) Tj ET Q q 0 0 0 rg BT 257.78 683.45 Td (our ) Tj ET Q q 0 0 0 rg BT 276.08 683.45 Td (value ) Tj ET Q q 0 0 0 rg BT 304.78 683.45 Td (strategy ) Tj ET Q q 0 0 0 rg BT 346.31 683.45 Td (by ) Tj ET Q q 0 0 0 rg BT 360.33 683.45 Td (balancing ) Tj ET Q q 0 0 0 rg BT 409.82 683.45 Td (price ) Tj ET Q q 0 0 0 rg BT 436.07 683.45 Td (and ) Tj ET Q q 0 0 0 rg BT 456.82 683.45 Td (volume ) Tj ET Q q 0 0 0 rg BT 494.69 683.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 530.10 683.45 Td (across ) 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 69.19 670.25 Td (seven ) Tj ET Q q 0 0 0 rg BT 102.33 670.25 Td (markets. ) Tj ET Q q 0 0 0 rg BT 148.30 670.25 Td (In ) Tj ET Q q 0 0 0 rg BT 161.26 670.25 Td (addition ) Tj ET Q q 0 0 0 rg BT 203.58 670.25 Td (to ) Tj ET Q q 0 0 0 rg BT 216.55 670.25 Td (increasing ) Tj ET Q q 0 0 0 rg BT 270.48 670.25 Td (our ) Tj ET Q q 0 0 0 rg BT 290.17 670.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 318.43 670.25 Td (blended ) Tj ET Q q 0 0 0 rg BT 361.37 670.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 409.64 670.25 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 443.99 670.25 Td (by ) Tj ET Q q 0 0 0 rg BT 459.40 670.25 Td (2% ) Tj ET Q q 0 0 0 rg BT 479.09 670.25 Td (on ) Tj ET Q q 0 0 0 rg BT 495.12 670.25 Td (an ) Tj ET Q q 0 0 0 rg BT 511.14 670.25 Td (FX-neutral ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 657.05 Td (basis ) Tj ET Q q 0 0 0 rg BT 76.91 657.05 Td (year-over-year) Tj ET Q q 0 0 0 rg BT 147.82 657.05 Td (, ) Tj ET Q q 0 0 0 rg BT 152.60 657.05 Td (we ) Tj ET Q q 0 0 0 rg BT 168.39 657.05 Td (delivered ) Tj ET Q q 0 0 0 rg BT 214.76 657.05 Td (364,000 ) Tj ET Q q 0 0 0 rg BT 256.25 657.05 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 287.92 657.05 Td (in ) Tj ET Q q 0 0 0 rg BT 298.20 657.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 324.40 657.05 Td (organically) Tj ET Q q 0 0 0 rg BT 376.17 657.05 Td (, ) Tj ET Q q 0 0 0 rg BT 380.95 657.05 Td (up ) Tj ET Q q 0 0 0 rg BT 394.91 657.05 Td (29% ) Tj ET Q q 0 0 0 rg BT 418.66 657.05 Td (or ) Tj ET Q q 0 0 0 rg BT 430.16 657.05 Td (81,000 ) Tj ET Q q 0 0 0 rg BT 465.53 657.05 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 500.26 657.05 Td (as ) Tj ET Q q 0 0 0 rg BT 513.60 657.05 Td (compared ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 643.85 Td (to ) Tj ET Q q 0 0 0 rg BT 62.55 643.85 Td (2014. ) Tj ET Q q 0 0 0 rg BT 93.70 643.85 Td (This ) Tj ET Q q 0 0 0 rg BT 118.35 643.85 Td (acceleration ) Tj ET Q q 0 0 0 rg BT 181.54 643.85 Td (in ) Tj ET Q q 0 0 0 rg BT 193.97 643.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 222.32 643.85 Td (was ) Tj ET Q q 0 0 0 rg BT 245.75 643.85 Td (driven ) Tj ET Q q 0 0 0 rg BT 279.59 643.85 Td (by ) Tj ET Q q 0 0 0 rg BT 295.08 643.85 Td (improved ) Tj ET Q q 0 0 0 rg BT 344.19 643.85 Td (video ) Tj ET Q q 0 0 0 rg BT 374.37 643.85 Td (and ) Tj ET Q q 0 0 0 rg BT 396.59 643.85 Td (telephony ) Tj ET Q q 0 0 0 rg BT 448.17 643.85 Td (results ) Tj ET Q q 0 0 0 rg BT 484.45 643.85 Td (across ) Tj ET Q q 0 0 0 rg BT 520.72 643.85 Td (the ) Tj ET Q q 0 0 0 rg BT 539.88 643.85 Td (CEE ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 630.65 Td (region, ) Tj ET Q q 0 0 0 rg BT 86.09 630.65 Td (of) Tj ET Q q 0 0 0 rg BT 95.06 630.65 Td (fset ) Tj ET Q q 0 0 0 rg BT 115.75 630.65 Td (by ) Tj ET Q q 0 0 0 rg BT 130.32 630.65 Td (softer ) Tj ET Q q 0 0 0 rg BT 160.79 630.65 Td (RGU ) Tj ET Q q 0 0 0 rg BT 188.19 630.65 Td (trends ) Tj ET Q q 0 0 0 rg BT 221.72 630.65 Td (in ) Tj ET Q q 0 0 0 rg BT 233.24 630.65 Td (our ) Tj ET Q q 0 0 0 rg BT 252.09 630.65 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 327.18 630.65 Td (segment. ) Tj ET Q q 0 0 0 rg BT 375.38 630.65 Td (With ) Tj ET Q q 0 0 0 rg BT 400.34 630.65 Td (respect ) Tj ET Q q 0 0 0 rg BT 439.37 630.65 Td (to ) Tj ET Q q 0 0 0 rg BT 451.50 630.65 Td (our ) Tj ET Q q 0 0 0 rg BT 470.35 630.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 487.98 630.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 515.41 630.65 Td (additions, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 617.45 Td (we ) Tj ET Q q 0 0 0 rg BT 66.19 617.45 Td (added ) Tj ET Q q 0 0 0 rg BT 99.40 617.45 Td (152,000 ) Tj ET Q q 0 0 0 rg BT 141.79 617.45 Td (new ) Tj ET Q q 0 0 0 rg BT 164.59 617.45 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 200.22 617.45 Td (as ) Tj ET Q q 0 0 0 rg BT 214.46 617.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 266.00 617.45 Td (to ) Tj ET Q q 0 0 0 rg BT 277.80 617.45 Td (92,000 ) Tj ET Q q 0 0 0 rg BT 314.07 617.45 Td (in ) Tj ET Q q 0 0 0 rg BT 325.25 617.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 342.55 617.45 Td (2014. ) Tj ET Q q 0 0 0 rg BT 372.53 617.45 Td (This ) Tj ET Q q 0 0 0 rg BT 395.94 617.45 Td (result ) Tj ET Q q 0 0 0 rg BT 425.46 617.45 Td (was ) Tj ET Q q 0 0 0 rg BT 447.65 617.45 Td (driven ) Tj ET Q q 0 0 0 rg BT 480.23 617.45 Td (by ) Tj ET Q q 0 0 0 rg BT 494.48 617.45 Td (growth ) Tj ET Q q 0 0 0 rg BT 530.12 617.45 Td (across ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 604.25 Td (all ) Tj ET Q q 0 0 0 rg BT 63.67 604.25 Td (three ) Tj ET Q q 0 0 0 rg BT 91.91 604.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 118.31 604.25 Td (products ) Tj ET Q q 0 0 0 rg BT 163.67 604.25 Td (in ) Tj ET Q q 0 0 0 rg BT 175.40 604.25 Td (CEE, ) Tj ET Q q 0 0 0 rg BT 204.24 604.25 Td (while ) Tj ET Q q 0 0 0 rg BT 232.47 604.25 Td (the ) Tj ET Q q 0 0 0 rg BT 250.93 604.25 Td (attrition ) Tj ET Q q 0 0 0 rg BT 290.17 604.25 Td (of ) Tj ET Q q 0 0 0 rg BT 302.51 604.25 Td (13,000 ) Tj ET Q q 0 0 0 rg BT 339.32 604.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 372.43 604.25 Td (in ) Tj ET Q q 0 0 0 rg BT 384.16 604.25 Td (our ) Tj ET Q q 0 0 0 rg BT 403.22 604.25 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 478.52 604.25 Td (operation ) Tj ET Q q 0 0 0 rg BT 527.56 604.25 Td (was ) Tj ET Q q 0 0 0 rg BT 550.29 604.25 Td (in-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 591.05 Td (line ) Tj ET Q q 0 0 0 rg BT 68.94 591.05 Td (with ) Tj ET Q q 0 0 0 rg BT 90.81 591.05 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 107.80 591.05 Td (2014. ) Tj ET Q q 0 0 0 rg BT 137.64 591.05 Td (More ) Tj ET Q q 0 0 0 rg BT 165.02 591.05 Td (specifically) Tj ET Q q 0 0 0 rg BT 217.39 591.05 Td (, ) Tj ET Q q 0 0 0 rg BT 222.76 591.05 Td (in ) Tj ET Q q 0 0 0 rg BT 233.63 591.05 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 292.81 591.05 Td (we ) Tj ET Q q 0 0 0 rg BT 309.18 591.05 Td (lost ) Tj ET Q q 0 0 0 rg BT 328.61 591.05 Td (27,000 ) Tj ET Q q 0 0 0 rg BT 364.57 591.05 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 396.83 591.05 Td (during ) Tj ET Q q 0 0 0 rg BT 429.72 591.05 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 449.77 591.05 Td (which ) Tj ET Q q 0 0 0 rg BT 480.21 591.05 Td (was ) Tj ET Q q 0 0 0 rg BT 502.08 591.05 Td (3,000 ) Tj ET Q q 0 0 0 rg BT 531.92 591.05 Td (higher ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 577.85 Td (than ) Tj ET Q q 0 0 0 rg BT 74.61 577.85 Td (in ) Tj ET Q q 0 0 0 rg BT 86.88 577.85 Td (the ) Tj ET Q q 0 0 0 rg BT 105.87 577.85 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 179.28 577.85 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 230.05 577.85 Td (period, ) Tj ET Q q 0 0 0 rg BT 267.39 577.85 Td (as ) Tj ET Q q 0 0 0 rg BT 282.71 577.85 Td (a ) Tj ET Q q 0 0 0 rg BT 292.53 577.85 Td (result ) Tj ET Q q 0 0 0 rg BT 323.13 577.85 Td (of ) Tj ET Q q 0 0 0 rg BT 336.00 577.85 Td (lower ) Tj ET Q q 0 0 0 rg BT 365.99 577.85 Td (sales ) Tj ET Q q 0 0 0 rg BT 395.37 577.85 Td (and ) Tj ET Q q 0 0 0 rg BT 417.43 577.85 Td (elevated ) Tj ET Q q 0 0 0 rg BT 462.72 577.85 Td (churn, ) Tj ET Q q 0 0 0 rg BT 496.99 577.85 Td (due ) Tj ET Q q 0 0 0 rg BT 519.05 577.85 Td (to ) Tj ET Q q 0 0 0 rg BT 531.92 577.85 Td (strong ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 564.65 Td (competition ) Tj ET Q q 0 0 0 rg BT 109.83 564.65 Td (and ) Tj ET Q q 0 0 0 rg BT 132.25 564.65 Td (our ) Tj ET Q q 0 0 0 rg BT 152.22 564.65 Td (announced ) Tj ET Q q 0 0 0 rg BT 210.74 564.65 Td (average ) Tj ET Q q 0 0 0 rg BT 254.56 564.65 Td (price ) Tj ET Q q 0 0 0 rg BT 282.48 564.65 Td (increase ) Tj ET Q q 0 0 0 rg BT 328.13 564.65 Td (of ) Tj ET Q q 0 0 0 rg BT 341.38 564.65 Td (3.5% ) Tj ET Q q 0 0 0 rg BT 370.53 564.65 Td (per ) Tj ET Q q 0 0 0 rg BT 390.50 564.65 Td (customer ) Tj ET Q q 0 0 0 rg BT 439.81 564.65 Td (that ) Tj ET Q q 0 0 0 rg BT 462.23 564.65 Td (became ) Tj ET Q q 0 0 0 rg BT 505.44 564.65 Td (ef) Tj ET Q q 0 0 0 rg BT 514.41 564.65 Td (fective ) Tj ET Q q 0 0 0 rg BT 550.28 564.65 Td (on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 551.45 Td (January ) Tj ET Q q 0 0 0 rg BT 91.21 551.45 Td (1, ) Tj ET Q q 0 0 0 rg BT 102.96 551.45 Td (2016. ) Tj ET Q q 0 0 0 rg BT 133.06 551.45 Td (W) Tj ET Q q 0 0 0 rg BT 143.24 551.45 Td (e ) Tj ET Q q 0 0 0 rg BT 151.93 551.45 Td (also ) Tj ET Q q 0 0 0 rg BT 174.69 551.45 Td (implemented ) Tj ET Q q 0 0 0 rg BT 240.24 551.45 Td (a ) Tj ET Q q 0 0 0 rg BT 248.93 551.45 Td (3.5% ) Tj ET Q q 0 0 0 rg BT 276.57 551.45 Td (average ) Tj ET Q q 0 0 0 rg BT 318.90 551.45 Td (price ) Tj ET Q q 0 0 0 rg BT 345.32 551.45 Td (increase ) Tj ET Q q 0 0 0 rg BT 389.47 551.45 Td (across ) Tj ET Q q 0 0 0 rg BT 424.44 551.45 Td (our ) Tj ET Q q 0 0 0 rg BT 442.40 551.45 Td (Austrian ) Tj ET Q q 0 0 0 rg BT 485.33 551.45 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 538.65 551.45 Td (base ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 538.25 Td (and ) Tj ET Q q 0 0 0 rg BT 70.91 538.25 Td (initiated ) Tj ET Q q 0 0 0 rg BT 111.88 538.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 147.95 538.25 Td (price ) Tj ET Q q 0 0 0 rg BT 174.85 538.25 Td (increases ) Tj ET Q q 0 0 0 rg BT 224.98 538.25 Td (for ) Tj ET Q q 0 0 0 rg BT 240.88 538.25 Td (portions ) Tj ET Q q 0 0 0 rg BT 283.07 538.25 Td (of ) Tj ET Q q 0 0 0 rg BT 295.30 538.25 Td (our ) Tj ET Q q 0 0 0 rg BT 314.25 538.25 Td (customer ) Tj ET Q q 0 0 0 rg BT 362.54 538.25 Td (base ) Tj ET Q q 0 0 0 rg BT 389.45 538.25 Td (across ) Tj ET Q q 0 0 0 rg BT 424.91 538.25 Td (the ) Tj ET Q q 0 0 0 rg BT 443.25 538.25 Td (CEE ) Tj ET Q q 0 0 0 rg BT 468.93 538.25 Td (region ) Tj ET Q q 0 0 0 rg BT 502.56 538.25 Td (in ) Tj ET Q q 0 0 0 rg BT 514.18 538.25 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 531.91 538.25 Td (2016.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 511.85 Td (From ) Tj ET Q q 0 0 0 rg BT 77.61 511.85 Td (a ) Tj ET Q q 0 0 0 rg BT 86.17 511.85 Td (product ) Tj ET Q q 0 0 0 rg BT 125.30 511.85 Td (perspective, ) Tj ET Q q 0 0 0 rg BT 187.06 511.85 Td (the ) Tj ET Q q 0 0 0 rg BT 204.79 511.85 Td (43,000 ) Tj ET Q q 0 0 0 rg BT 240.88 511.85 Td (video ) Tj ET Q q 0 0 0 rg BT 269.62 511.85 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 302.01 511.85 Td (that ) Tj ET Q q 0 0 0 rg BT 322.80 511.85 Td (we ) Tj ET Q q 0 0 0 rg BT 339.31 511.85 Td (lost ) Tj ET Q q 0 0 0 rg BT 358.87 511.85 Td (during ) Tj ET Q q 0 0 0 rg BT 391.89 511.85 Td (2015 ) Tj ET Q q 0 0 0 rg BT 418.81 511.85 Td (was ) Tj ET Q q 0 0 0 rg BT 440.81 511.85 Td (less ) Tj ET Q q 0 0 0 rg BT 462.82 511.85 Td (than ) Tj ET Q q 0 0 0 rg BT 486.67 511.85 Td (half ) Tj ET Q q 0 0 0 rg BT 506.85 511.85 Td (of ) Tj ET Q q 0 0 0 rg BT 518.47 511.85 Td (the ) 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 (RGUs ) Tj ET Q q 0 0 0 rg BT 83.16 498.65 Td (we ) Tj ET Q q 0 0 0 rg BT 100.94 498.65 Td (lost ) Tj ET Q q 0 0 0 rg BT 121.77 498.65 Td (during ) Tj ET Q q 0 0 0 rg BT 156.06 498.65 Td (2014. ) Tj ET Q q 0 0 0 rg BT 187.06 498.65 Td (This ) Tj ET Q q 0 0 0 rg BT 211.56 498.65 Td (was ) Tj ET Q q 0 0 0 rg BT 234.84 498.65 Td (partly ) Tj ET Q q 0 0 0 rg BT 265.45 498.65 Td (driven ) Tj ET Q q 0 0 0 rg BT 299.13 498.65 Td (by ) Tj ET Q q 0 0 0 rg BT 314.46 498.65 Td (our ) Tj ET Q q 0 0 0 rg BT 334.08 498.65 Td (performance ) Tj ET Q q 0 0 0 rg BT 399.54 498.65 Td (in ) Tj ET Q q 0 0 0 rg BT 411.82 498.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 430.21 498.65 Td (2015, ) Tj ET Q q 0 0 0 rg BT 461.45 498.65 Td (as ) Tj ET Q q 0 0 0 rg BT 476.79 498.65 Td (we ) Tj ET Q q 0 0 0 rg BT 494.56 498.65 Td (added ) Tj ET Q q 0 0 0 rg BT 528.87 498.65 Td (20,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 485.45 Td (video ) Tj ET Q q 0 0 0 rg BT 82.15 485.45 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 147.80 485.45 Td (which ) Tj ET Q q 0 0 0 rg BT 182.28 485.45 Td (represents ) Tj ET Q q 0 0 0 rg BT 240.60 485.45 Td (our ) Tj ET Q q 0 0 0 rg BT 262.85 485.45 Td (best ) Tj ET Q q 0 0 0 rg BT 290.00 485.45 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 339.15 485.45 Td (performance ) Tj ET Q q 0 0 0 rg BT 407.25 485.45 Td (since ) Tj ET Q q 0 0 0 rg BT 439.28 485.45 Td (2006. ) Tj ET Q q 0 0 0 rg BT 472.75 485.45 Td (The ) Tj ET Q q 0 0 0 rg BT 498.06 485.45 Td (54,000 ) Tj ET Q q 0 0 0 rg BT 538.05 485.45 Td (RGU ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 472.25 Td (improvement ) Tj ET Q q 0 0 0 rg BT 116.42 472.25 Td (in ) Tj ET Q q 0 0 0 rg BT 128.33 472.25 Td (our ) Tj ET Q q 0 0 0 rg BT 147.57 472.25 Td (video ) Tj ET Q q 0 0 0 rg BT 177.22 472.25 Td (attrition ) Tj ET Q q 0 0 0 rg BT 216.64 472.25 Td (in ) Tj ET Q q 0 0 0 rg BT 228.54 472.25 Td (2015 ) Tj ET Q q 0 0 0 rg BT 256.36 472.25 Td (was ) Tj ET Q q 0 0 0 rg BT 279.27 472.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 312.57 472.25 Td (by ) Tj ET Q q 0 0 0 rg BT 327.54 472.25 Td (CEE, ) Tj ET Q q 0 0 0 rg BT 356.55 472.25 Td (most ) Tj ET Q q 0 0 0 rg BT 383.74 472.25 Td (notably ) Tj ET Q q 0 0 0 rg BT 422.55 472.25 Td (in ) Tj ET Q q 0 0 0 rg BT 434.46 472.25 Td (Poland ) Tj ET Q q 0 0 0 rg BT 472.06 472.25 Td (and ) Tj ET Q q 0 0 0 rg BT 493.76 472.25 Td (Romania. ) Tj ET Q q 0 0 0 rg BT 544.18 472.25 Td (Our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 459.05 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 126.38 459.05 Td (segment ) Tj ET Q q 0 0 0 rg BT 173.33 459.05 Td (posted ) Tj ET Q q 0 0 0 rg BT 211.10 459.05 Td (incremental ) Tj ET Q q 0 0 0 rg BT 272.71 459.05 Td (video ) Tj ET Q q 0 0 0 rg BT 303.76 459.05 Td (losses ) Tj ET Q q 0 0 0 rg BT 339.69 459.05 Td (of ) Tj ET Q q 0 0 0 rg BT 353.62 459.05 Td (36,000 ) Tj ET Q q 0 0 0 rg BT 392.01 459.05 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 426.71 459.05 Td (in ) Tj ET Q q 0 0 0 rg BT 440.02 459.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 472.30 459.05 Td (impacted ) Tj ET Q q 0 0 0 rg BT 521.68 459.05 Td (by ) Tj ET Q q 0 0 0 rg BT 538.05 459.05 Td (IPTV ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 445.85 Td (competition ) Tj ET Q q 0 0 0 rg BT 108.91 445.85 Td (and ) Tj ET Q q 0 0 0 rg BT 130.43 445.85 Td (a ) Tj ET Q q 0 0 0 rg BT 139.71 445.85 Td (basic ) Tj ET Q q 0 0 0 rg BT 168.55 445.85 Td (cable ) Tj ET Q q 0 0 0 rg BT 198.01 445.85 Td (price ) Tj ET Q q 0 0 0 rg BT 225.01 445.85 Td (rise ) Tj ET Q q 0 0 0 rg BT 245.90 445.85 Td (in ) Tj ET Q q 0 0 0 rg BT 257.62 445.85 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 317.64 445.85 Td (that ) Tj ET Q q 0 0 0 rg BT 339.15 445.85 Td (we ) Tj ET Q q 0 0 0 rg BT 356.38 445.85 Td (announced ) Tj ET Q q 0 0 0 rg BT 413.98 445.85 Td (during ) Tj ET Q q 0 0 0 rg BT 447.72 445.85 Td (the ) Tj ET Q q 0 0 0 rg BT 466.17 445.85 Td (second ) Tj ET Q q 0 0 0 rg BT 504.81 445.85 Td (half ) Tj ET Q q 0 0 0 rg BT 525.70 445.85 Td (of ) Tj ET Q q 0 0 0 rg BT 538.04 445.85 Td (2015 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 432.65 Td (and ) Tj ET Q q 0 0 0 rg BT 72.62 432.65 Td (became ) Tj ET Q q 0 0 0 rg BT 116.51 432.65 Td (ef) Tj ET Q q 0 0 0 rg BT 125.49 432.65 Td (fective ) Tj ET Q q 0 0 0 rg BT 162.04 432.65 Td (January ) Tj ET Q q 0 0 0 rg BT 205.94 432.65 Td (1, ) Tj ET Q q 0 0 0 rg BT 219.88 432.65 Td (2016. ) Tj ET Q q 0 0 0 rg BT 252.17 432.65 Td (Meanwhile, ) Tj ET Q q 0 0 0 rg BT 312.57 432.65 Td (we ) Tj ET Q q 0 0 0 rg BT 331.40 432.65 Td (experienced ) Tj ET Q q 0 0 0 rg BT 396.09 432.65 Td (continued ) Tj ET Q q 0 0 0 rg BT 448.56 432.65 Td (success ) Tj ET Q q 0 0 0 rg BT 493.06 432.65 Td (with ) Tj ET Q q 0 0 0 rg BT 517.39 432.65 Td (our ) Tj ET Q q 0 0 0 rg BT 538.05 432.65 Td (next-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 419.45 Td (generation ) Tj ET Q q 0 0 0 rg BT 104.76 419.45 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 145.73 419.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 163.06 419.45 Td (platform, ) Tj ET Q q 0 0 0 rg BT 209.12 419.45 Td (as ) Tj ET Q q 0 0 0 rg BT 224.01 419.45 Td (we ) Tj ET Q q 0 0 0 rg BT 241.35 419.45 Td (added ) Tj ET Q q 0 0 0 rg BT 275.21 419.45 Td (a ) Tj ET Q q 0 0 0 rg BT 284.60 419.45 Td (record ) Tj ET Q q 0 0 0 rg BT 319.06 419.45 Td (218,000 ) Tj ET Q q 0 0 0 rg BT 362.09 419.45 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 421.61 419.45 Td (in ) Tj ET Q q 0 0 0 rg BT 433.44 419.45 Td (2015. ) Tj ET Q q 0 0 0 rg BT 464.03 419.45 Td (This ) Tj ET Q q 0 0 0 rg BT 488.08 419.45 Td (included ) Tj ET Q q 0 0 0 rg BT 532.33 419.45 Td (an ) Tj ET Q q 0 0 0 rg BT 547.84 419.45 Td (all-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 406.25 Td (time ) Tj ET Q q 0 0 0 rg BT 73.00 406.25 Td (high ) Tj ET Q q 0 0 0 rg BT 96.51 406.25 Td (of ) Tj ET Q q 0 0 0 rg BT 108.39 406.25 Td (77,000 ) Tj ET Q q 0 0 0 rg BT 144.75 406.25 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 198.21 406.25 Td (adds ) Tj ET Q q 0 0 0 rg BT 224.78 406.25 Td (in ) Tj ET Q q 0 0 0 rg BT 236.05 406.25 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 256.50 406.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 289.17 406.25 Td (by ) Tj ET Q q 0 0 0 rg BT 303.50 406.25 Td (our ) Tj ET Q q 0 0 0 rg BT 322.12 406.25 Td (Polish ) Tj ET Q q 0 0 0 rg BT 354.79 406.25 Td (business, ) Tj ET Q q 0 0 0 rg BT 403.97 406.25 Td (which ) Tj ET Q q 0 0 0 rg BT 434.81 406.25 Td (performed ) Tj ET Q q 0 0 0 rg BT 487.66 406.25 Td (particularly ) Tj ET Q q 0 0 0 rg BT 543.56 406.25 Td (well ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 393.05 Td (with ) Tj ET Q q 0 0 0 rg BT 72.36 393.05 Td (a ) Tj ET Q q 0 0 0 rg BT 81.78 393.05 Td (record ) Tj ET Q q 0 0 0 rg BT 116.26 393.05 Td (45,000 ) Tj ET Q q 0 0 0 rg BT 153.21 393.05 Td (new ) Tj ET Q q 0 0 0 rg BT 176.69 393.05 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 239.28 393.05 Td (and ) Tj ET Q q 0 0 0 rg BT 260.94 393.05 Td (our ) Tj ET Q q 0 0 0 rg BT 280.14 393.05 Td (businesses ) Tj ET Q q 0 0 0 rg BT 338.47 393.05 Td (in ) Tj ET Q q 0 0 0 rg BT 350.33 393.05 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 410.49 393.05 Td (and ) Tj ET Q q 0 0 0 rg BT 432.15 393.05 Td (the ) Tj ET Q q 0 0 0 rg BT 450.74 393.05 Td (Czech ) Tj ET Q q 0 0 0 rg BT 485.22 393.05 Td (Republic, ) Tj ET Q q 0 0 0 rg BT 534.38 393.05 Td (which ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 379.85 Td (added ) Tj ET Q q 0 0 0 rg BT 82.21 379.85 Td (22,000 ) Tj ET Q q 0 0 0 rg BT 117.97 379.85 Td (and ) Tj ET Q q 0 0 0 rg BT 138.44 379.85 Td (10,000 ) Tj ET Q q 0 0 0 rg BT 174.21 379.85 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 209.33 379.85 Td (respectively) Tj ET Q q 0 0 0 rg BT 266.59 379.85 Td (. ) Tj ET Q q 0 0 0 rg BT 271.76 379.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 292.22 379.85 Td (overall ) Tj ET Q q 0 0 0 rg BT 326.74 379.85 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 366.63 379.85 Td (TV ) Tj ET Q q 0 0 0 rg BT 382.80 379.85 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 435.66 379.85 Td (base ) Tj ET Q q 0 0 0 rg BT 461.63 379.85 Td (increased ) Tj ET Q q 0 0 0 rg BT 511.45 379.85 Td (to ) Tj ET Q q 0 0 0 rg BT 522.74 379.85 Td (443,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 366.65 Td (at ) Tj ET Q q 0 0 0 rg BT 61.78 366.65 Td (year ) Tj ET Q q 0 0 0 rg BT 86.28 366.65 Td (end, ) Tj ET Q q 0 0 0 rg BT 110.79 366.65 Td (and ) Tj ET Q q 0 0 0 rg BT 132.25 366.65 Td (our ) Tj ET Q q 0 0 0 rg BT 151.25 366.65 Td ("Horizon-light" ) Tj ET Q q 0 0 0 rg BT 223.91 366.65 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 277.76 366.65 Td (base ) Tj ET Q q 0 0 0 rg BT 304.71 366.65 Td (increased ) Tj ET Q q 0 0 0 rg BT 355.51 366.65 Td (to ) Tj ET Q q 0 0 0 rg BT 367.79 366.65 Td (174,000 ) Tj ET Q q 0 0 0 rg BT 410.66 366.65 Td (in ) Tj ET Q q 0 0 0 rg BT 422.32 366.65 Td (the ) Tj ET Q q 0 0 0 rg BT 440.72 366.65 Td (Czech ) Tj ET Q q 0 0 0 rg BT 475.00 366.65 Td (Republic. ) Tj ET Q q 0 0 0 rg BT 523.96 366.65 Td (Looking ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 353.45 Td (ahead, ) Tj ET Q q 0 0 0 rg BT 86.18 353.45 Td (we ) Tj ET Q q 0 0 0 rg BT 103.27 353.45 Td (expect ) Tj ET Q q 0 0 0 rg BT 138.71 353.45 Td (to ) Tj ET Q q 0 0 0 rg BT 150.91 353.45 Td (launch ) Tj ET Q q 0 0 0 rg BT 186.36 353.45 Td (our ) Tj ET Q q 0 0 0 rg BT 205.29 353.45 Td (cloud-based ) Tj ET Q q 0 0 0 rg BT 268.25 353.45 Td (version ) Tj ET Q q 0 0 0 rg BT 306.74 353.45 Td (of ) Tj ET Q q 0 0 0 rg BT 318.94 353.45 Td (Horizon ) Tj ET Q q 0 0 0 rg BT 359.68 353.45 Td (TV ) Tj ET Q q 0 0 0 rg BT 376.77 353.45 Td (in ) Tj ET Q q 0 0 0 rg BT 388.36 353.45 Td (the ) Tj ET Q q 0 0 0 rg BT 406.08 353.45 Td (Austrian ) Tj ET Q q 0 0 0 rg BT 449.46 353.45 Td (market ) Tj ET Q q 0 0 0 rg BT 486.11 353.45 Td (and ) Tj ET Q q 0 0 0 rg BT 507.50 353.45 Td (expand ) Tj ET Q q 0 0 0 rg BT 546.62 353.45 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 340.25 Td ("Horizon-light" ) Tj ET Q q 0 0 0 rg BT 121.91 340.25 Td (TV ) Tj ET Q q 0 0 0 rg BT 139.03 340.25 Td (product ) Tj ET Q q 0 0 0 rg BT 178.77 340.25 Td (to ) Tj ET Q q 0 0 0 rg BT 191.00 340.25 Td (Slovakia, ) Tj ET Q q 0 0 0 rg BT 238.69 340.25 Td (Hungary ) Tj ET Q q 0 0 0 rg BT 283.33 340.25 Td (and ) Tj ET Q q 0 0 0 rg BT 304.73 340.25 Td (Romania ) Tj ET Q q 0 0 0 rg BT 351.81 340.25 Td (in ) Tj ET Q q 0 0 0 rg BT 363.43 340.25 Td (the ) Tj ET Q q 0 0 0 rg BT 381.78 340.25 Td (first ) Tj ET Q q 0 0 0 rg BT 402.55 340.25 Td (half ) Tj ET Q q 0 0 0 rg BT 423.34 340.25 Td (of ) Tj ET Q q 0 0 0 rg BT 435.57 340.25 Td (2016.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 313.85 Td (T) Tj ET Q q 0 0 0 rg BT 55.81 313.85 Td (urning ) Tj ET Q q 0 0 0 rg BT 90.25 313.85 Td (to ) Tj ET Q q 0 0 0 rg BT 103.29 313.85 Td (our ) Tj ET Q q 0 0 0 rg BT 123.06 313.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 179.53 313.85 Td (business, ) Tj ET Q q 0 0 0 rg BT 229.87 313.85 Td (we ) Tj ET Q q 0 0 0 rg BT 247.79 313.85 Td (added ) Tj ET Q q 0 0 0 rg BT 282.25 313.85 Td (187,000 ) Tj ET Q q 0 0 0 rg BT 325.88 313.85 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 359.69 313.85 Td (during ) Tj ET Q q 0 0 0 rg BT 394.13 313.85 Td (2015, ) Tj ET Q q 0 0 0 rg BT 425.52 313.85 Td (including ) Tj ET Q q 0 0 0 rg BT 472.81 313.85 Td (57,000 ) Tj ET Q q 0 0 0 rg BT 510.32 313.85 Td (during ) Tj ET Q q 0 0 0 rg BT 544.77 313.85 Td (Q4. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 300.65 Td (While ) Tj ET Q q 0 0 0 rg BT 80.35 300.65 Td (our ) Tj ET Q q 0 0 0 rg BT 99.59 300.65 Td (CEE ) Tj ET Q q 0 0 0 rg BT 125.55 300.65 Td (operations ) Tj ET Q q 0 0 0 rg BT 180.26 300.65 Td (delivered ) Tj ET Q q 0 0 0 rg BT 228.24 300.65 Td (51,000 ) Tj ET Q q 0 0 0 rg BT 265.23 300.65 Td (RGU ) Tj ET Q q 0 0 0 rg BT 293.02 300.65 Td (additions ) Tj ET Q q 0 0 0 rg BT 340.39 300.65 Td (in ) Tj ET Q q 0 0 0 rg BT 352.30 300.65 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 370.31 300.65 Td (2015, ) Tj ET Q q 0 0 0 rg BT 401.18 300.65 Td (a ) Tj ET Q q 0 0 0 rg BT 410.64 300.65 Td (3,000 ) Tj ET Q q 0 0 0 rg BT 441.51 300.65 Td (incremental ) Tj ET Q q 0 0 0 rg BT 501.71 300.65 Td (RGU ) Tj ET Q q 0 0 0 rg BT 529.50 300.65 Td (growth ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 287.45 Td (as ) Tj ET Q q 0 0 0 rg BT 64.58 287.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 116.96 287.45 Td (to ) Tj ET Q q 0 0 0 rg BT 129.60 287.45 Td (the ) Tj ET Q q 0 0 0 rg BT 148.36 287.45 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 198.89 287.45 Td (period, ) Tj ET Q q 0 0 0 rg BT 235.99 287.45 Td (our ) Tj ET Q q 0 0 0 rg BT 255.35 287.45 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 287.54 287.45 Td (broadband ) Tj ET Q q 0 0 0 rg BT 343.61 287.45 Td (base ) Tj ET Q q 0 0 0 rg BT 370.93 287.45 Td (remained ) Tj ET Q q 0 0 0 rg BT 420.25 287.45 Td (flat ) Tj ET Q q 0 0 0 rg BT 438.39 287.45 Td (in ) Tj ET Q q 0 0 0 rg BT 450.42 287.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 468.55 287.45 Td (as ) Tj ET Q q 0 0 0 rg BT 483.64 287.45 Td (a ) Tj ET Q q 0 0 0 rg BT 493.22 287.45 Td (result ) Tj ET Q q 0 0 0 rg BT 523.58 287.45 Td (of ) Tj ET Q q 0 0 0 rg BT 536.22 287.45 Td (lower ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 274.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 77.56 274.25 Td (and ) Tj ET Q q 0 0 0 rg BT 98.29 274.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 131.25 274.25 Td (churn. ) Tj ET Q q 0 0 0 rg BT 164.04 274.25 Td (The ) Tj ET Q q 0 0 0 rg BT 185.38 274.25 Td ( ) Tj ET Q q 0 0 0 rg BT 187.76 274.25 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 218.86 274.25 Td (result ) Tj ET Q q 0 0 0 rg BT 248.14 274.25 Td (was ) Tj ET Q q 0 0 0 rg BT 270.08 274.25 Td (related ) Tj ET Q q 0 0 0 rg BT 306.09 274.25 Td (to ) Tj ET Q q 0 0 0 rg BT 317.64 274.25 Td (competition ) Tj ET Q q 0 0 0 rg BT 376.27 274.25 Td (and ) Tj ET Q q 0 0 0 rg BT 397.00 274.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 432.40 274.25 Td (announced ) Tj ET Q q 0 0 0 rg BT 489.22 274.25 Td (price ) Tj ET Q q 0 0 0 rg BT 515.44 274.25 Td (increases ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 261.05 Td (for ) Tj ET Q q 0 0 0 rg BT 64.62 261.05 Td (some ) Tj ET Q q 0 0 0 rg BT 93.80 261.05 Td (of ) Tj ET Q q 0 0 0 rg BT 105.26 261.05 Td (our ) Tj ET Q q 0 0 0 rg BT 123.45 261.05 Td (existing ) Tj ET Q q 0 0 0 rg BT 163.03 261.05 Td (customers ) Tj ET Q q 0 0 0 rg BT 216.05 261.05 Td (benefiting ) Tj ET Q q 0 0 0 rg BT 266.04 261.05 Td (from ) Tj ET Q q 0 0 0 rg BT 290.32 261.05 Td (doubled ) Tj ET Q q 0 0 0 rg BT 331.76 261.05 Td (speeds ) Tj ET Q q 0 0 0 rg BT 369.51 261.05 Td (that ) Tj ET Q q 0 0 0 rg BT 390.15 261.05 Td (we ) Tj ET Q q 0 0 0 rg BT 406.49 261.05 Td (implemented ) Tj ET Q q 0 0 0 rg BT 471.75 261.05 Td (across ) Tj ET Q q 0 0 0 rg BT 506.44 261.05 Td (the ) Tj ET Q q 0 0 0 rg BT 524.01 261.05 Td (majority ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 247.85 Td (of ) Tj ET Q q 0 0 0 rg BT 62.04 247.85 Td (our ) Tj ET Q q 0 0 0 rg BT 81.31 247.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 137.29 247.85 Td (base ) Tj ET Q q 0 0 0 rg BT 164.51 247.85 Td (as ) Tj ET Q q 0 0 0 rg BT 179.50 247.85 Td (of ) Tj ET Q q 0 0 0 rg BT 192.04 247.85 Td (January ) Tj ET Q q 0 0 0 rg BT 234.54 247.85 Td (1, ) Tj ET Q q 0 0 0 rg BT 247.09 247.85 Td (2016. ) Tj ET Q q 0 0 0 rg BT 277.31 247.85 Td (Also ) Tj ET Q q 0 0 0 rg BT 302.08 247.85 Td (of ) Tj ET Q q 0 0 0 rg BT 314.62 247.85 Td (note, ) Tj ET Q q 0 0 0 rg BT 342.46 247.85 Td (in ) Tj ET Q q 0 0 0 rg BT 354.39 247.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 372.43 247.85 Td (we ) Tj ET Q q 0 0 0 rg BT 389.87 247.85 Td (launched ) Tj ET Q q 0 0 0 rg BT 437.88 247.85 Td (our ) Tj ET Q q 0 0 0 rg BT 457.15 247.85 Td (new ) Tj ET Q q 0 0 0 rg BT 480.70 247.85 Td ("Connect" ) Tj ET Q q 0 0 0 rg BT 532.85 247.85 Td (box ) Tj ET Q q 0 0 0 rg BT 553.96 247.85 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 234.65 Td (Switzerland, ) Tj ET Q q 0 0 0 rg BT 112.18 234.65 Td (Austria ) Tj ET Q q 0 0 0 rg BT 149.88 234.65 Td (and ) Tj ET Q q 0 0 0 rg BT 171.68 234.65 Td (Romania, ) Tj ET Q q 0 0 0 rg BT 222.22 234.65 Td (which ) Tj ET Q q 0 0 0 rg BT 253.80 234.65 Td (features ) Tj ET Q q 0 0 0 rg BT 297.00 234.65 Td (the ) Tj ET Q q 0 0 0 rg BT 315.75 234.65 Td (latest ) Tj ET Q q 0 0 0 rg BT 345.49 234.65 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 370.94 234.65 Td (technology ) Tj ET Q q 0 0 0 rg BT 427.60 234.65 Td (and ) Tj ET Q q 0 0 0 rg BT 449.41 234.65 Td (is ) Tj ET Q q 0 0 0 rg BT 460.81 234.65 Td (capable ) Tj ET Q q 0 0 0 rg BT 502.80 234.65 Td (of ) Tj ET Q q 0 0 0 rg BT 515.43 234.65 Td (delivering ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 221.45 Td (up ) Tj ET Q q 0 0 0 rg BT 64.79 221.45 Td (to ) Tj ET Q q 0 0 0 rg BT 77.02 221.45 Td (1 ) Tj ET Q q 0 0 0 rg BT 86.20 221.45 Td (Gbps ) Tj ET Q q 0 0 0 rg BT 115.54 221.45 Td (speeds.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 195.05 Td (On ) Tj ET Q q 0 0 0 rg BT 67.30 195.05 Td (the ) Tj ET Q q 0 0 0 rg BT 85.73 195.05 Td (fixed ) Tj ET Q q 0 0 0 rg BT 112.09 195.05 Td (telephony ) Tj ET Q q 0 0 0 rg BT 162.93 195.05 Td (front, ) Tj ET Q q 0 0 0 rg BT 191.13 195.05 Td (we ) Tj ET Q q 0 0 0 rg BT 208.32 195.05 Td (more ) Tj ET Q q 0 0 0 rg BT 236.51 195.05 Td (than ) Tj ET Q q 0 0 0 rg BT 261.05 195.05 Td (doubled ) Tj ET Q q 0 0 0 rg BT 303.33 195.05 Td (our ) Tj ET Q q 0 0 0 rg BT 322.36 195.05 Td (2015 ) Tj ET Q q 0 0 0 rg BT 349.96 195.05 Td (telephony ) Tj ET Q q 0 0 0 rg BT 400.80 195.05 Td (RGU ) Tj ET Q q 0 0 0 rg BT 428.38 195.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 475.54 195.05 Td (on ) Tj ET Q q 0 0 0 rg BT 490.91 195.05 Td (a ) Tj ET Q q 0 0 0 rg BT 500.15 195.05 Td (year-on-year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 181.85 Td (basis, ) Tj ET Q q 0 0 0 rg BT 81.36 181.85 Td (including ) Tj ET Q q 0 0 0 rg BT 127.91 181.85 Td (75,000 ) Tj ET Q q 0 0 0 rg BT 164.68 181.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 224.05 181.85 Td (in ) Tj ET Q q 0 0 0 rg BT 235.74 181.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 253.54 181.85 Td (2015. ) Tj ET Q q 0 0 0 rg BT 284.20 181.85 Td (Similar ) Tj ET Q q 0 0 0 rg BT 320.94 181.85 Td (to ) Tj ET Q q 0 0 0 rg BT 333.24 181.85 Td (Q3, ) Tj ET Q q 0 0 0 rg BT 354.10 181.85 Td (this ) Tj ET Q q 0 0 0 rg BT 374.34 181.85 Td (was ) Tj ET Q q 0 0 0 rg BT 397.03 181.85 Td (largely ) Tj ET Q q 0 0 0 rg BT 432.56 181.85 Td (due ) Tj ET Q q 0 0 0 rg BT 454.05 181.85 Td (to ) Tj ET Q q 0 0 0 rg BT 466.35 181.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 500.05 181.85 Td (net ) Tj ET Q q 0 0 0 rg BT 518.47 181.85 Td (additions ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 168.65 Td (in ) Tj ET Q q 0 0 0 rg BT 63.56 168.65 Td (Romania. ) Tj ET Q q 0 0 0 rg BT 116.14 168.65 Td (With ) Tj ET Q q 0 0 0 rg BT 143.65 168.65 Td (respect ) Tj ET Q q 0 0 0 rg BT 185.22 168.65 Td (to ) Tj ET Q q 0 0 0 rg BT 199.90 168.65 Td (our ) Tj ET Q q 0 0 0 rg BT 221.30 168.65 Td (emerging ) Tj ET Q q 0 0 0 rg BT 272.66 168.65 Td (mobile ) Tj ET Q q 0 0 0 rg BT 310.57 168.65 Td (business, ) Tj ET Q q 0 0 0 rg BT 362.54 168.65 Td (we ) Tj ET Q q 0 0 0 rg BT 382.10 168.65 Td (ended ) Tj ET Q q 0 0 0 rg BT 418.19 168.65 Td (the ) Tj ET Q q 0 0 0 rg BT 438.99 168.65 Td (year ) Tj ET Q q 0 0 0 rg BT 465.89 168.65 Td (with ) Tj ET Q q 0 0 0 rg BT 490.95 168.65 Td (88,000 ) Tj ET Q q 0 0 0 rg BT 530.10 168.65 Td (mobile ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 155.45 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 112.61 155.45 Td (including ) Tj ET Q q 0 0 0 rg BT 159.85 155.45 Td (22,000 ) Tj ET Q q 0 0 0 rg BT 197.31 155.45 Td (additions ) Tj ET Q q 0 0 0 rg BT 245.16 155.45 Td (in ) Tj ET Q q 0 0 0 rg BT 257.53 155.45 Td (Q4. ) Tj ET Q q 0 0 0 rg BT 278.83 155.45 Td (The ) Tj ET Q q 0 0 0 rg BT 301.60 155.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 320.09 155.45 Td (performance ) Tj ET Q q 0 0 0 rg BT 385.66 155.45 Td (nearly ) Tj ET Q q 0 0 0 rg BT 419.44 155.45 Td (doubled ) Tj ET Q q 0 0 0 rg BT 462.40 155.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 515.13 155.45 Td (to ) Tj ET Q q 0 0 0 rg BT 528.12 155.45 Td (our ) Tj ET Q q 0 0 0 rg BT 547.84 155.45 Td (Q3 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 142.25 Td (additions ) Tj ET Q q 0 0 0 rg BT 96.38 142.25 Td (and ) Tj ET Q q 0 0 0 rg BT 117.58 142.25 Td (included ) Tj ET Q q 0 0 0 rg BT 161.41 142.25 Td (10,000 ) Tj ET Q q 0 0 0 rg BT 197.90 142.25 Td (new ) Tj ET Q q 0 0 0 rg BT 220.93 142.25 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 265.37 142.25 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 324.45 142.25 Td (in ) Tj ET Q q 0 0 0 rg BT 335.86 142.25 Td (Hungary ) Tj ET Q q 0 0 0 rg BT 380.29 142.25 Td (and ) Tj ET Q q 0 0 0 rg BT 401.49 142.25 Td (8,000 ) Tj ET Q q 0 0 0 rg BT 431.87 142.25 Td (in ) Tj ET Q q 0 0 0 rg BT 443.28 142.25 Td (Switzerland. ) Tj ET Q q 0 0 0 rg BT 506.04 142.25 Td (In ) Tj ET Q q 0 0 0 rg BT 518.06 142.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 548.44 142.25 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 129.05 Td (will ) Tj ET Q q 0 0 0 rg BT 67.10 129.05 Td (remain ) Tj ET Q q 0 0 0 rg BT 103.04 129.05 Td (focused ) Tj ET Q q 0 0 0 rg BT 143.90 129.05 Td (on ) Tj ET Q q 0 0 0 rg BT 158.45 129.05 Td (penetrating ) Tj ET Q q 0 0 0 rg BT 215.82 129.05 Td (our ) Tj ET Q q 0 0 0 rg BT 234.04 129.05 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 280.39 129.05 Td (base ) Tj ET Q q 0 0 0 rg BT 306.56 129.05 Td (with ) Tj ET Q q 0 0 0 rg BT 328.45 129.05 Td (mobile ) Tj ET Q q 0 0 0 rg BT 363.17 129.05 Td (products ) Tj ET Q q 0 0 0 rg BT 407.69 129.05 Td (to ) Tj ET Q q 0 0 0 rg BT 419.18 129.05 Td (increase ) Tj ET Q q 0 0 0 rg BT 463.09 129.05 Td (customer ) Tj ET Q q 0 0 0 rg BT 510.64 129.05 Td (loyalty ) Tj ET Q q 0 0 0 rg BT 544.15 129.05 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 115.85 Td (reduce ) Tj ET Q q 0 0 0 rg BT 86.19 115.85 Td (churn.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 89.45 Td (Regarding ) Tj ET Q q 0 0 0 rg BT 105.32 89.45 Td (our ) Tj ET Q q 0 0 0 rg BT 126.28 89.45 Td (footprint ) Tj ET Q q 0 0 0 rg BT 171.09 89.45 Td (expansion ) Tj ET Q q 0 0 0 rg BT 226.31 89.45 Td (in ) Tj ET Q q 0 0 0 rg BT 239.93 89.45 Td (the ) Tj ET Q q 0 0 0 rg BT 260.29 89.45 Td (CEE ) Tj ET Q q 0 0 0 rg BT 287.97 89.45 Td (region, ) Tj ET Q q 0 0 0 rg BT 326.66 89.45 Td (we ) Tj ET Q q 0 0 0 rg BT 345.79 89.45 Td (extended ) Tj ET Q q 0 0 0 rg BT 396.11 89.45 Td (our ) Tj ET Q q 0 0 0 rg BT 417.08 89.45 Td (network ) Tj ET Q q 0 0 0 rg BT 460.66 89.45 Td (reach ) Tj ET Q q 0 0 0 rg BT 493.24 89.45 Td (organically ) Tj ET Q q 0 0 0 rg BT 550.88 89.45 Td (by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 76.25 Td (approximately ) Tj ET Q q 0 0 0 rg BT 121.30 76.25 Td (470,000 ) Tj ET Q q 0 0 0 rg BT 164.39 76.25 Td (new ) Tj ET Q q 0 0 0 rg BT 187.89 76.25 Td (homes ) Tj ET Q q 0 0 0 rg BT 224.23 76.25 Td (in ) Tj ET Q q 0 0 0 rg BT 236.12 76.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 266.97 76.25 Td (more ) Tj ET Q q 0 0 0 rg BT 295.36 76.25 Td (than ) Tj ET Q q 0 0 0 rg BT 320.09 76.25 Td (double ) Tj ET Q q 0 0 0 rg BT 356.45 76.25 Td (our ) Tj ET Q q 0 0 0 rg BT 375.67 76.25 Td (new ) Tj ET Q q 0 0 0 rg BT 399.17 76.25 Td (build ) Tj ET Q q 0 0 0 rg BT 425.74 76.25 Td (in ) Tj ET Q q 0 0 0 rg BT 437.63 76.25 Td (2014. ) Tj ET Q q 0 0 0 rg BT 468.48 76.25 Td (In ) Tj ET Q q 0 0 0 rg BT 480.98 76.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 511.83 76.25 Td (we ) Tj ET Q q 0 0 0 rg BT 529.21 76.25 Td (plan ) Tj ET Q q 0 0 0 rg BT 553.34 76.25 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 63.05 Td (accelerate ) Tj ET Q q 0 0 0 rg BT 103.57 63.05 Td (the ) Tj ET Q q 0 0 0 rg BT 122.17 63.05 Td (number ) Tj ET Q q 0 0 0 rg BT 162.78 63.05 Td (of ) Tj ET Q q 0 0 0 rg BT 175.27 63.05 Td (homes ) Tj ET Q q 0 0 0 rg BT 211.60 63.05 Td (that ) Tj ET Q q 0 0 0 rg BT 233.26 63.05 Td (we ) Tj ET Q q 0 0 0 rg BT 250.64 63.05 Td (will ) Tj ET Q q 0 0 0 rg BT 269.23 63.05 Td (build ) Tj ET Q q 0 0 0 rg BT 295.79 63.05 Td (in ) Tj ET Q q 0 0 0 rg BT 307.66 63.05 Td (the ) Tj ET Q q 0 0 0 rg BT 326.27 63.05 Td (CEE ) Tj ET Q q 0 0 0 rg BT 352.20 63.05 Td (region ) Tj ET Q q 0 0 0 rg BT 386.09 63.05 Td (as ) Tj ET Q q 0 0 0 rg BT 401.02 63.05 Td (well ) Tj ET Q q 0 0 0 rg BT 423.29 63.05 Td (as ) Tj ET Q q 0 0 0 rg BT 438.22 63.05 Td (continue ) Tj ET Q q 0 0 0 rg BT 483.12 63.05 Td (our ) Tj ET Q q 0 0 0 rg BT 502.33 63.05 Td (build ) Tj ET Q q 0 0 0 rg BT 528.89 63.05 Td (activity ) Tj ET Q /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I76 Do Q endstream endobj 59 0 obj <> endobj 60 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 (29) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 712.00 Td (in ) Tj ET Q q 0 0 0 rg BT 61.22 712.00 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 121.24 712.00 Td (and ) Tj ET Q q 0 0 0 rg BT 142.13 712.00 Td (Austria. ) Tj ET Q q 0 0 0 rg BT 181.95 712.00 Td (As ) Tj ET Q q 0 0 0 rg BT 197.95 712.00 Td (a ) Tj ET Q q 0 0 0 rg BT 207.23 712.00 Td (result, ) Tj ET Q q 0 0 0 rg BT 240.34 712.00 Td (a ) Tj ET Q q 0 0 0 rg BT 249.62 712.00 Td (substantial ) Tj ET Q q 0 0 0 rg BT 305.37 712.00 Td (portion ) Tj ET Q q 0 0 0 rg BT 342.16 712.00 Td (of ) Tj ET Q q 0 0 0 rg BT 354.50 712.00 Td (our ) Tj ET Q q 0 0 0 rg BT 373.56 712.00 Td (2016 ) Tj ET Q q 0 0 0 rg BT 401.19 712.00 Td (RGU ) Tj ET Q q 0 0 0 rg BT 428.79 712.00 Td (additions ) Tj ET Q q 0 0 0 rg BT 475.99 712.00 Td (in ) Tj ET Q q 0 0 0 rg BT 487.71 712.00 Td (the ) Tj ET Q q 0 0 0 rg BT 506.16 712.00 Td (CEE ) Tj ET Q q 0 0 0 rg BT 531.94 712.00 Td (region ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.80 Td (are ) Tj ET Q q 0 0 0 rg BT 68.45 698.80 Td (expected ) Tj ET Q q 0 0 0 rg BT 116.16 698.80 Td (to ) Tj ET Q q 0 0 0 rg BT 128.39 698.80 Td (come ) Tj ET Q q 0 0 0 rg BT 158.34 698.80 Td (from ) Tj ET Q q 0 0 0 rg BT 183.40 698.80 Td (these ) Tj ET Q q 0 0 0 rg BT 213.36 698.80 Td (newly ) Tj ET Q q 0 0 0 rg BT 244.54 698.80 Td (connected ) Tj ET Q q 0 0 0 rg BT 298.36 698.80 Td (areas. ) 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 49.50 670.80 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 49.50 644.40 Td (From ) Tj ET Q q 0 0 0 rg BT 79.52 644.40 Td (a ) Tj ET Q q 0 0 0 rg BT 90.00 644.40 Td (rebased ) Tj ET Q q 0 0 0 rg BT 134.11 644.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 171.49 644.40 Td (perspective, ) Tj ET Q q 0 0 0 rg BT 235.16 644.40 Td (total ) Tj ET Q q 0 0 0 rg BT 260.31 644.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 304.42 644.40 Td (increased ) Tj ET Q q 0 0 0 rg BT 356.48 644.40 Td (2% ) Tj ET Q q 0 0 0 rg BT 376.74 644.40 Td (for ) Tj ET Q q 0 0 0 rg BT 393.93 644.40 Td (the ) Tj ET Q q 0 0 0 rg BT 413.58 644.40 Td (three ) Tj ET Q q 0 0 0 rg BT 443.02 644.40 Td (months ) Tj ET Q q 0 0 0 rg BT 483.45 644.40 Td (and ) Tj ET Q q 0 0 0 rg BT 506.16 644.40 Td (year ) Tj ET Q q 0 0 0 rg BT 531.92 644.40 Td (ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 631.20 Td (December ) Tj ET Q q 0 0 0 rg BT 104.05 631.20 Td (31, ) Tj ET Q q 0 0 0 rg BT 123.16 631.20 Td (2015, ) Tj ET Q q 0 0 0 rg BT 154.50 631.20 Td (to ) Tj ET Q q 0 0 0 rg BT 167.48 631.20 Td (637 ) Tj ET Q q 0 0 0 rg BT 195.77 631.20 Td (million ) Tj ET Q q 0 0 0 rg BT 230.75 631.20 Td (and ) Tj ET Q q 0 0 0 rg BT 252.92 631.20 Td (2,545 ) Tj ET Q q 0 0 0 rg BT 290.38 631.20 Td (million, ) Tj ET Q q 0 0 0 rg BT 328.42 631.20 Td (respectively) Tj ET Q q 0 0 0 rg BT 385.68 631.20 Td (, ) Tj ET Q q 0 0 0 rg BT 392.55 631.20 Td (as ) Tj ET Q q 0 0 0 rg BT 407.98 631.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 460.70 631.20 Td (to ) Tj ET Q q 0 0 0 rg BT 473.69 631.20 Td (the ) Tj ET Q q 0 0 0 rg BT 492.79 631.20 Td (corresponding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 618.00 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 99.55 618.00 Td (periods.) 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 138.69 618.00 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 141.48 618.00 Td (These ) Tj ET Q q 0 0 0 rg BT 175.04 618.00 Td (increases ) Tj ET Q q 0 0 0 rg BT 225.10 618.00 Td (were ) Tj ET Q q 0 0 0 rg BT 251.93 618.00 Td (driven ) Tj ET Q q 0 0 0 rg BT 284.87 618.00 Td (by ) Tj ET Q q 0 0 0 rg BT 299.48 618.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 342.21 618.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 378.22 618.00 Td (in ) Tj ET Q q 0 0 0 rg BT 389.76 618.00 Td (our ) Tj ET Q q 0 0 0 rg BT 408.65 618.00 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 483.77 618.00 Td (segment ) Tj ET Q q 0 0 0 rg BT 528.94 618.00 Td (and, ) Tj ET Q q 0 0 0 rg BT 553.34 618.00 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 604.80 Td (a ) Tj ET Q q 0 0 0 rg BT 58.31 604.80 Td (lesser ) Tj ET Q q 0 0 0 rg BT 90.34 604.80 Td (extent, ) Tj ET Q q 0 0 0 rg BT 126.06 604.80 Td (our ) Tj ET Q q 0 0 0 rg BT 144.65 604.80 Td (CEE ) Tj ET Q q 0 0 0 rg BT 169.96 604.80 Td (operations. ) Tj ET Q q 0 0 0 rg BT 227.07 604.80 Td (In ) Tj ET Q q 0 0 0 rg BT 238.94 604.80 Td (terms ) Tj ET Q q 0 0 0 rg BT 269.13 604.80 Td (of ) Tj ET Q q 0 0 0 rg BT 281.00 604.80 Td (regional ) Tj ET Q q 0 0 0 rg BT 322.83 604.80 Td (results, ) Tj ET Q q 0 0 0 rg BT 360.98 604.80 Td (our ) Tj ET Q q 0 0 0 rg BT 379.57 604.80 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 454.39 604.80 Td (segment ) Tj ET Q q 0 0 0 rg BT 499.27 604.80 Td (delivered ) Tj ET Q q 0 0 0 rg BT 546.60 604.80 Td (2% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 591.60 Td (rebased ) Tj ET Q q 0 0 0 rg BT 91.96 591.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 134.42 591.60 Td (growth ) Tj ET Q q 0 0 0 rg BT 170.14 591.60 Td (in ) Tj ET Q q 0 0 0 rg BT 181.41 591.60 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 198.80 591.60 Td (and ) Tj ET Q q 0 0 0 rg BT 219.86 591.60 Td (3% ) Tj ET Q q 0 0 0 rg BT 238.47 591.60 Td (for ) Tj ET Q q 0 0 0 rg BT 254.01 591.60 Td (the ) Tj ET Q q 0 0 0 rg BT 272.01 591.60 Td (full-year ) Tj ET Q q 0 0 0 rg BT 313.84 591.60 Td (2015. ) Tj ET Q q 0 0 0 rg BT 343.90 591.60 Td (This ) Tj ET Q q 0 0 0 rg BT 367.39 591.60 Td (was ) Tj ET Q q 0 0 0 rg BT 389.66 591.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 433.93 591.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 491.06 591.60 Td (to ) Tj ET Q q 0 0 0 rg BT 502.94 591.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 515.42 591.60 Td (increases ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 578.40 Td (in ) Tj ET Q q 0 0 0 rg BT 60.50 578.40 Td (cable ) Tj ET Q q 0 0 0 rg BT 89.24 578.40 Td (subscription ) Tj ET Q q 0 0 0 rg BT 150.37 578.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 192.56 578.40 Td (that ) Tj ET Q q 0 0 0 rg BT 213.35 578.40 Td (were ) Tj ET Q q 0 0 0 rg BT 239.63 578.40 Td (driven ) Tj ET Q q 0 0 0 rg BT 272.03 578.40 Td (by ) Tj ET Q q 0 0 0 rg BT 286.09 578.40 Td (higher ) Tj ET Q q 0 0 0 rg BT 318.63 578.40 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 351.63 578.40 Td (per ) Tj ET Q q 0 0 0 rg BT 369.96 578.40 Td (RGU ) Tj ET Q q 0 0 0 rg BT 396.85 578.40 Td (\(mainly ) Tj ET Q q 0 0 0 rg BT 434.74 578.40 Td (in ) Tj ET Q q 0 0 0 rg BT 445.74 578.40 Td (Switzerland\) ) Tj ET Q q 0 0 0 rg BT 508.70 578.40 Td (and ) Tj ET Q q 0 0 0 rg BT 529.49 578.40 Td (growth ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 565.20 Td (in ) Tj ET Q q 0 0 0 rg BT 61.16 565.20 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 120.50 565.20 Td (\(mainly ) Tj ET Q q 0 0 0 rg BT 159.04 565.20 Td (in ) Tj ET Q q 0 0 0 rg BT 170.08 565.20 Td (Austria\) ) Tj ET Q q 0 0 0 rg BT 211.08 565.20 Td (and ) Tj ET Q q 0 0 0 rg BT 232.53 565.20 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 247.84 565.20 Td (solid ) Tj ET Q q 0 0 0 rg BT 273.56 565.20 Td (organic ) Tj ET Q q 0 0 0 rg BT 312.73 565.20 Td (growth ) Tj ET Q q 0 0 0 rg BT 348.85 565.20 Td (in ) Tj ET Q q 0 0 0 rg BT 360.50 565.20 Td (our ) Tj ET Q q 0 0 0 rg BT 379.50 565.20 Td (B2B) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 400.29 570.45 Td (24) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 408.24 565.20 Td ( ) Tj ET Q q 0 0 0 rg BT 411.34 565.20 Td (and ) Tj ET Q q 0 0 0 rg BT 432.79 565.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 468.29 565.20 Td (operations. ) Tj ET Q q 0 0 0 rg BT 525.61 565.20 Td (T) Tj ET Q q 0 0 0 rg BT 531.92 565.20 Td (urning ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 552.00 Td (to ) Tj ET Q q 0 0 0 rg BT 61.76 552.00 Td (the ) Tj ET Q q 0 0 0 rg BT 80.15 552.00 Td (CEE ) Tj ET Q q 0 0 0 rg BT 105.85 552.00 Td (region, ) Tj ET Q q 0 0 0 rg BT 142.58 552.00 Td (rebased ) Tj ET Q q 0 0 0 rg BT 185.42 552.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 228.26 552.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 264.37 552.00 Td (was ) Tj ET Q q 0 0 0 rg BT 287.02 552.00 Td (1% ) Tj ET Q q 0 0 0 rg BT 306.01 552.00 Td (for ) Tj ET Q q 0 0 0 rg BT 321.94 552.00 Td (both ) Tj ET Q q 0 0 0 rg BT 346.44 552.00 Td (the ) Tj ET Q q 0 0 0 rg BT 364.82 552.00 Td (three ) Tj ET Q q 0 0 0 rg BT 392.98 552.00 Td (months ) Tj ET Q q 0 0 0 rg BT 432.14 552.00 Td (and ) Tj ET Q q 0 0 0 rg BT 453.59 552.00 Td (year ) Tj ET Q q 0 0 0 rg BT 478.07 552.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 511.75 552.00 Td (December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 538.80 Td (31, ) Tj ET Q q 0 0 0 rg BT 66.90 538.80 Td (2015, ) Tj ET Q q 0 0 0 rg BT 96.54 538.80 Td (largely ) Tj ET Q q 0 0 0 rg BT 131.05 538.80 Td (driven ) Tj ET Q q 0 0 0 rg BT 163.12 538.80 Td (by ) Tj ET Q q 0 0 0 rg BT 176.85 538.80 Td (the ) Tj ET Q q 0 0 0 rg BT 194.25 538.80 Td (net ) Tj ET Q q 0 0 0 rg BT 211.65 538.80 Td (ef) Tj ET Q q 0 0 0 rg BT 220.63 538.80 Td (fect ) Tj ET Q q 0 0 0 rg BT 240.47 538.80 Td (of ) Tj ET Q q 0 0 0 rg BT 251.75 538.80 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 267.30 538.80 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 320.15 538.80 Td (growth, ) Tj ET Q q 0 0 0 rg BT 358.34 538.80 Td (primarily ) Tj ET Q q 0 0 0 rg BT 402.00 538.80 Td (in ) Tj ET Q q 0 0 0 rg BT 412.67 538.80 Td (Romania, ) Tj ET Q q 0 0 0 rg BT 461.86 538.80 Td (Poland ) Tj ET Q q 0 0 0 rg BT 498.22 538.80 Td (and ) Tj ET Q q 0 0 0 rg BT 518.69 538.80 Td (Hungary) Tj ET Q q 0 0 0 rg BT 559.45 538.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 525.60 Td (and ) Tj ET Q q 0 0 0 rg BT 70.48 525.60 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 86.55 525.60 Td (lower ) Tj ET Q q 0 0 0 rg BT 114.94 525.60 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 148.13 525.60 Td (per ) Tj ET Q q 0 0 0 rg BT 166.66 525.60 Td (RGU, ) Tj ET Q q 0 0 0 rg BT 196.79 525.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 240.97 525.60 Td (in ) Tj ET Q q 0 0 0 rg BT 252.16 525.60 Td (our ) Tj ET Q q 0 0 0 rg BT 270.69 525.60 Td (DTH ) Tj ET Q q 0 0 0 rg BT 295.92 525.60 Td (operations, ) Tj ET Q q 0 0 0 rg BT 352.98 525.60 Td (Poland ) Tj ET Q q 0 0 0 rg BT 389.86 525.60 Td (and ) Tj ET Q q 0 0 0 rg BT 410.84 525.60 Td (the ) Tj ET Q q 0 0 0 rg BT 428.76 525.60 Td (Czech ) Tj ET Q q 0 0 0 rg BT 462.56 525.60 Td (Republic. ) Tj ET Q q 0 0 0 rg BT 510.88 525.60 Td (The ) Tj ET Q q 0 0 0 rg BT 531.94 525.60 Td (ARPU ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 512.40 Td (declines ) Tj ET Q q 0 0 0 rg BT 93.19 512.40 Td (in ) Tj ET Q q 0 0 0 rg BT 105.08 512.40 Td (our ) Tj ET Q q 0 0 0 rg BT 124.30 512.40 Td (DTH ) Tj ET Q q 0 0 0 rg BT 150.24 512.40 Td (operations ) Tj ET Q q 0 0 0 rg BT 204.93 512.40 Td (include ) Tj ET Q q 0 0 0 rg BT 243.12 512.40 Td (the ) Tj ET Q q 0 0 0 rg BT 261.74 512.40 Td (negative ) Tj ET Q q 0 0 0 rg BT 306.65 512.40 Td (impact ) Tj ET Q q 0 0 0 rg BT 342.38 512.40 Td (of ) Tj ET Q q 0 0 0 rg BT 354.88 512.40 Td (12 ) Tj ET Q q 0 0 0 rg BT 376.56 512.40 Td (million ) Tj ET Q q 0 0 0 rg BT 411.06 512.40 Td (in ) Tj ET Q q 0 0 0 rg BT 422.95 512.40 Td (2015 ) Tj ET Q q 0 0 0 rg BT 450.75 512.40 Td (\(3 ) Tj ET Q q 0 0 0 rg BT 469.98 512.40 Td (million ) Tj ET Q q 0 0 0 rg BT 504.48 512.40 Td (in ) Tj ET Q q 0 0 0 rg BT 516.37 512.40 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 534.37 512.40 Td (2015\) ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 499.20 Td (from ) Tj ET Q q 0 0 0 rg BT 74.56 499.20 Td (a ) Tj ET Q q 0 0 0 rg BT 83.73 499.20 Td (recurring ) Tj ET Q q 0 0 0 rg BT 130.19 499.20 Td (V) Tj ET Q q 0 0 0 rg BT 136.71 499.20 Td (A) Tj ET Q q 0 0 0 rg BT 143.23 499.20 Td (T) Tj ET Q q 0 0 0 rg BT 149.75 499.20 Td ( ) Tj ET Q q 0 0 0 rg BT 152.81 499.20 Td (change.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 472.80 Td (On ) Tj ET Q q 0 0 0 rg BT 67.36 472.80 Td (a ) Tj ET Q q 0 0 0 rg BT 76.66 472.80 Td (rebased ) Tj ET Q q 0 0 0 rg BT 119.60 472.80 Td (basis, ) Tj ET Q q 0 0 0 rg BT 151.52 472.80 Td (Segment ) Tj ET Q q 0 0 0 rg BT 198.73 472.80 Td (OCF ) Tj ET Q q 0 0 0 rg BT 225.13 472.80 Td (increased ) Tj ET Q q 0 0 0 rg BT 276.01 472.80 Td (9% ) Tj ET Q q 0 0 0 rg BT 295.09 472.80 Td (to ) Tj ET Q q 0 0 0 rg BT 307.45 472.80 Td (347 ) Tj ET Q q 0 0 0 rg BT 335.11 472.80 Td (million ) Tj ET Q q 0 0 0 rg BT 369.47 472.80 Td (in ) Tj ET Q q 0 0 0 rg BT 381.21 472.80 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 399.07 472.80 Td (and ) Tj ET Q q 0 0 0 rg BT 420.61 472.80 Td (3% ) Tj ET Q q 0 0 0 rg BT 439.69 472.80 Td (to ) Tj ET Q q 0 0 0 rg BT 452.05 472.80 Td (1,363 ) Tj ET Q q 0 0 0 rg BT 488.88 472.80 Td (million ) Tj ET Q q 0 0 0 rg BT 523.24 472.80 Td (in ) Tj ET Q q 0 0 0 rg BT 534.98 472.80 Td (2015, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 459.60 Td (as ) Tj ET Q q 0 0 0 rg BT 65.42 459.60 Td (compared ) Tj ET Q q 0 0 0 rg BT 118.64 459.60 Td (to ) Tj ET Q q 0 0 0 rg BT 132.12 459.60 Td (the ) Tj ET Q q 0 0 0 rg BT 151.71 459.60 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 225.73 459.60 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 277.10 459.60 Td (periods. ) Tj ET Q q 0 0 0 rg BT 320.26 459.60 Td (These ) Tj ET Q q 0 0 0 rg BT 355.13 459.60 Td (results ) Tj ET Q q 0 0 0 rg BT 391.83 459.60 Td (were ) Tj ET Q q 0 0 0 rg BT 419.98 459.60 Td (driven ) Tj ET Q q 0 0 0 rg BT 454.24 459.60 Td (by ) Tj ET Q q 0 0 0 rg BT 470.17 459.60 Td (our ) Tj ET Q q 0 0 0 rg BT 490.37 459.60 Td (Swiss/Austrian ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 446.40 Td (segment, ) Tj ET Q q 0 0 0 rg BT 98.36 446.40 Td (which ) Tj ET Q q 0 0 0 rg BT 130.09 446.40 Td (delivered ) Tj ET Q q 0 0 0 rg BT 178.34 446.40 Td (rebased ) Tj ET Q q 0 0 0 rg BT 221.70 446.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 269.34 446.40 Td (OCF ) Tj ET Q q 0 0 0 rg BT 296.17 446.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 332.79 446.40 Td (of ) Tj ET Q q 0 0 0 rg BT 345.57 446.40 Td (13% ) Tj ET Q q 0 0 0 rg BT 371.20 446.40 Td (in ) Tj ET Q q 0 0 0 rg BT 383.37 446.40 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 401.66 446.40 Td (and ) Tj ET Q q 0 0 0 rg BT 423.62 446.40 Td (6% ) Tj ET Q q 0 0 0 rg BT 443.13 446.40 Td (on ) Tj ET Q q 0 0 0 rg BT 458.97 446.40 Td (a ) Tj ET Q q 0 0 0 rg BT 468.70 446.40 Td (full-year ) Tj ET Q q 0 0 0 rg BT 511.43 446.40 Td (basis. ) Tj ET Q q 0 0 0 rg BT 543.54 446.40 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 433.20 Td (increases ) Tj ET Q q 0 0 0 rg BT 100.86 433.20 Td (in ) Tj ET Q q 0 0 0 rg BT 113.71 433.20 Td (our ) Tj ET Q q 0 0 0 rg BT 133.89 433.20 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 210.31 433.20 Td (rebased ) Tj ET Q q 0 0 0 rg BT 254.34 433.20 Td (segment ) Tj ET Q q 0 0 0 rg BT 300.82 433.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 328.32 433.20 Td (were ) Tj ET Q q 0 0 0 rg BT 356.45 433.20 Td (primarily ) Tj ET Q q 0 0 0 rg BT 402.29 433.20 Td (driven ) Tj ET Q q 0 0 0 rg BT 436.53 433.20 Td (by ) Tj ET Q q 0 0 0 rg BT 452.43 433.20 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 466.49 433.20 Td (the ) Tj ET Q q 0 0 0 rg BT 486.06 433.20 Td (aforementioned ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 420.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 93.60 420.00 Td (increases, ) Tj ET Q q 0 0 0 rg BT 148.09 420.00 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 164.66 420.00 Td (lower ) Tj ET Q q 0 0 0 rg BT 195.30 420.00 Td (staf) Tj ET Q q 0 0 0 rg BT 212.83 420.00 Td (f-related ) Tj ET Q q 0 0 0 rg BT 257.53 420.00 Td (costs ) Tj ET Q q 0 0 0 rg BT 287.56 420.00 Td (associated ) Tj ET Q q 0 0 0 rg BT 344.50 420.00 Td (with ) Tj ET Q q 0 0 0 rg BT 368.42 420.00 Td (the ) Tj ET Q q 0 0 0 rg BT 388.06 420.00 Td (Swiss/Austria ) Tj ET Q q 0 0 0 rg BT 458.43 420.00 Td (integration, ) Tj ET Q q 0 0 0 rg BT 517.21 420.00 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 536.22 420.00 Td (lower ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 406.80 Td (network-related ) Tj ET Q q 0 0 0 rg BT 127.07 406.80 Td (costs, ) Tj ET Q q 0 0 0 rg BT 157.56 406.80 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 174.59 406.80 Td (lower ) Tj ET Q q 0 0 0 rg BT 202.63 406.80 Td (marketing ) Tj ET Q q 0 0 0 rg BT 252.69 406.80 Td (spend ) Tj ET Q q 0 0 0 rg BT 284.41 406.80 Td (related ) Tj ET Q q 0 0 0 rg BT 319.81 406.80 Td (to ) Tj ET Q q 0 0 0 rg BT 330.74 406.80 Td (the ) Tj ET Q q 0 0 0 rg BT 347.79 406.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 381.94 406.80 Td (of ) Tj ET Q q 0 0 0 rg BT 392.87 406.80 Td (higher ) Tj ET Q q 0 0 0 rg BT 425.21 406.80 Td (spend ) Tj ET Q q 0 0 0 rg BT 456.94 406.80 Td (in ) Tj ET Q q 0 0 0 rg BT 467.26 406.80 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 483.69 406.80 Td (2014 ) Tj ET Q q 0 0 0 rg BT 509.92 406.80 Td (associated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 393.60 Td (with ) Tj ET Q q 0 0 0 rg BT 72.05 393.60 Td (our ) Tj ET Q q 0 0 0 rg BT 90.94 393.60 Td (MyPrime ) Tj ET Q q 0 0 0 rg BT 137.32 393.60 Td (and ) Tj ET Q q 0 0 0 rg BT 158.66 393.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 194.06 393.60 Td (campaigns ) Tj ET Q q 0 0 0 rg BT 250.24 393.60 Td (and ) Tj ET Q q 0 0 0 rg BT 271.59 393.60 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 287.40 393.60 Td (lower ) Tj ET Q q 0 0 0 rg BT 316.68 393.60 Td (rent ) Tj ET Q q 0 0 0 rg BT 338.63 393.60 Td (expense ) Tj ET Q q 0 0 0 rg BT 383.21 393.60 Td (due ) Tj ET Q q 0 0 0 rg BT 404.55 393.60 Td (to ) Tj ET Q q 0 0 0 rg BT 416.71 393.60 Td (the ) Tj ET Q q 0 0 0 rg BT 435.00 393.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 470.39 393.60 Td (of ) Tj ET Q q 0 0 0 rg BT 482.55 393.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 511.21 393.60 Td (incurred ) Tj ET Q q 0 0 0 rg BT 553.95 393.60 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 380.40 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 68.59 380.40 Td (2014 ) Tj ET Q q 0 0 0 rg BT 97.48 380.40 Td (associated ) Tj ET Q q 0 0 0 rg BT 154.48 380.40 Td (with ) Tj ET Q q 0 0 0 rg BT 178.46 380.40 Td (the ) Tj ET Q q 0 0 0 rg BT 198.16 380.40 Td (relocation ) Tj ET Q q 0 0 0 rg BT 250.27 380.40 Td (of ) Tj ET Q q 0 0 0 rg BT 263.86 380.40 Td (our ) Tj ET Q q 0 0 0 rg BT 284.18 380.40 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 317.32 380.40 Td (of) Tj ET Q q 0 0 0 rg BT 326.29 380.40 Td (fice. ) Tj ET Q q 0 0 0 rg BT 350.88 380.40 Td (Meanwhile, ) Tj ET Q q 0 0 0 rg BT 410.94 380.40 Td (our ) Tj ET Q q 0 0 0 rg BT 431.25 380.40 Td (CEE ) Tj ET Q q 0 0 0 rg BT 458.28 380.40 Td (segment ) Tj ET Q q 0 0 0 rg BT 504.89 380.40 Td (reported ) Tj ET Q q 0 0 0 rg BT 550.28 380.40 Td (an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 367.20 Td (increase ) Tj ET Q q 0 0 0 rg BT 95.68 367.20 Td (in ) Tj ET Q q 0 0 0 rg BT 108.84 367.20 Td (rebased ) Tj ET Q q 0 0 0 rg BT 153.19 367.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 201.82 367.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 229.64 367.20 Td (of ) Tj ET Q q 0 0 0 rg BT 243.41 367.20 Td (1% ) Tj ET Q q 0 0 0 rg BT 263.91 367.20 Td (in ) Tj ET Q q 0 0 0 rg BT 277.07 367.20 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 296.35 367.20 Td (and ) Tj ET Q q 0 0 0 rg BT 319.30 367.20 Td (a ) Tj ET Q q 0 0 0 rg BT 330.02 367.20 Td (decrease ) Tj ET Q q 0 0 0 rg BT 379.87 367.20 Td (of ) Tj ET Q q 0 0 0 rg BT 393.64 367.20 Td (3% ) Tj ET Q q 0 0 0 rg BT 414.14 367.20 Td (for ) Tj ET Q q 0 0 0 rg BT 431.58 367.20 Td (2015, ) Tj ET Q q 0 0 0 rg BT 463.70 367.20 Td (as ) Tj ET Q q 0 0 0 rg BT 479.92 367.20 Td (compared ) Tj ET Q q 0 0 0 rg BT 533.44 367.20 Td (to ) Tj ET Q q 0 0 0 rg BT 547.21 367.20 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 354.00 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 123.26 354.00 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 174.37 354.00 Td (periods. ) Tj ET Q q 0 0 0 rg BT 217.29 354.00 Td (These ) Tj ET Q q 0 0 0 rg BT 251.91 354.00 Td (CEE ) Tj ET Q q 0 0 0 rg BT 278.57 354.00 Td (results ) Tj ET Q q 0 0 0 rg BT 315.02 354.00 Td (include ) Tj ET Q q 0 0 0 rg BT 353.92 354.00 Td (the ) Tj ET Q q 0 0 0 rg BT 373.26 354.00 Td (impact ) Tj ET Q q 0 0 0 rg BT 409.71 354.00 Td (of ) Tj ET Q q 0 0 0 rg BT 422.93 354.00 Td (the ) Tj ET Q q 0 0 0 rg BT 442.27 354.00 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 522.75 354.00 Td (revenue ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 340.80 Td (drivers ) Tj ET Q q 0 0 0 rg BT 85.97 340.80 Td (and, ) Tj ET Q q 0 0 0 rg BT 110.84 340.80 Td (for ) Tj ET Q q 0 0 0 rg BT 127.15 340.80 Td (the ) Tj ET Q q 0 0 0 rg BT 145.90 340.80 Td (full-year ) Tj ET Q q 0 0 0 rg BT 188.49 340.80 Td (period, ) Tj ET Q q 0 0 0 rg BT 225.59 340.80 Td (the ) Tj ET Q q 0 0 0 rg BT 244.35 340.80 Td (negative ) Tj ET Q q 0 0 0 rg BT 289.40 340.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 325.26 340.80 Td (of ) Tj ET Q q 0 0 0 rg BT 337.90 340.80 Td (a ) Tj ET Q q 0 0 0 rg BT 347.48 340.80 Td (5 ) Tj ET Q q 0 0 0 rg BT 363.18 340.80 Td (million ) Tj ET Q q 0 0 0 rg BT 397.82 340.80 Td (favorable ) Tj ET Q q 0 0 0 rg BT 446.54 340.80 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 511.76 340.80 Td (settlement ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 327.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 95.97 327.60 Td (in ) Tj ET Q q 0 0 0 rg BT 107.59 327.60 Td (Poland ) Tj ET Q q 0 0 0 rg BT 144.90 327.60 Td (during ) Tj ET Q q 0 0 0 rg BT 178.53 327.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 196.26 327.60 Td (2014.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 301.20 Td (Our ) Tj ET Q q 0 0 0 rg BT 71.45 301.20 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 89.73 301.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 137.37 301.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 164.20 301.20 Td (margin) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 197.83 306.45 Td (8) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 201.80 301.20 Td ( ) Tj ET Q q 0 0 0 rg BT 205.41 301.20 Td (expanded ) Tj ET Q q 0 0 0 rg BT 257.35 301.20 Td (by ) Tj ET Q q 0 0 0 rg BT 272.58 301.20 Td (390 ) Tj ET Q q 0 0 0 rg BT 294.54 301.20 Td (basis ) Tj ET Q q 0 0 0 rg BT 323.83 301.20 Td (points ) Tj ET Q q 0 0 0 rg BT 356.80 301.20 Td (on ) Tj ET Q q 0 0 0 rg BT 372.64 301.20 Td (a ) Tj ET Q q 0 0 0 rg BT 382.37 301.20 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 457.50 301.20 Td (basis ) Tj ET Q q 0 0 0 rg BT 486.79 301.20 Td (to ) Tj ET Q q 0 0 0 rg BT 499.58 301.20 Td (54.5%, ) Tj ET Q q 0 0 0 rg BT 537.44 301.20 Td (while ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 288.00 Td (our ) Tj ET Q q 0 0 0 rg BT 68.65 288.00 Td (full ) Tj ET Q q 0 0 0 rg BT 85.95 288.00 Td (year ) Tj ET Q q 0 0 0 rg BT 110.60 288.00 Td (margin ) Tj ET Q q 0 0 0 rg BT 147.47 288.00 Td (expanded ) Tj ET Q q 0 0 0 rg BT 199.04 288.00 Td (90 ) Tj ET Q q 0 0 0 rg BT 214.52 288.00 Td (basis ) Tj ET Q q 0 0 0 rg BT 243.45 288.00 Td (points ) Tj ET Q q 0 0 0 rg BT 276.05 288.00 Td (to ) Tj ET Q q 0 0 0 rg BT 288.47 288.00 Td (53.6%, ) Tj ET Q q 0 0 0 rg BT 325.96 288.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 370.77 288.00 Td (related ) Tj ET Q q 0 0 0 rg BT 407.65 288.00 Td (to ) Tj ET Q q 0 0 0 rg BT 420.07 288.00 Td (the ) Tj ET Q q 0 0 0 rg BT 438.61 288.00 Td (factors ) Tj ET Q q 0 0 0 rg BT 474.86 288.00 Td (mentioned ) Tj ET Q q 0 0 0 rg BT 529.48 288.00 Td (above. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 274.80 Td (During ) Tj ET Q q 0 0 0 rg BT 84.96 274.80 Td (2016, ) Tj ET Q q 0 0 0 rg BT 115.54 274.80 Td (we ) Tj ET Q q 0 0 0 rg BT 132.66 274.80 Td (expect ) Tj ET Q q 0 0 0 rg BT 168.13 274.80 Td (continued ) Tj ET Q q 0 0 0 rg BT 218.89 274.80 Td (margin ) Tj ET Q q 0 0 0 rg BT 255.57 274.80 Td (expansion ) Tj ET Q q 0 0 0 rg BT 308.77 274.80 Td (from ) Tj ET Q q 0 0 0 rg BT 333.83 274.80 Td (our ) Tj ET Q q 0 0 0 rg BT 352.78 274.80 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 394.99 274.80 Td (Swiss/Austrian ) Tj ET Q q 0 0 0 rg BT 470.18 274.80 Td (integration. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 248.40 Td (Our ) Tj ET Q q 0 0 0 rg BT 71.43 248.40 Td (property ) Tj ET Q q 0 0 0 rg BT 115.38 248.40 Td (and ) Tj ET Q q 0 0 0 rg BT 137.32 248.40 Td (equipment ) Tj ET Q q 0 0 0 rg BT 192.29 248.40 Td (additions ) Tj ET Q q 0 0 0 rg BT 239.91 248.40 Td (were ) Tj ET Q q 0 0 0 rg BT 267.35 248.40 Td (22.2% ) Tj ET Q q 0 0 0 rg BT 302.13 248.40 Td (of ) Tj ET Q q 0 0 0 rg BT 314.90 248.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 358.24 248.40 Td (in ) Tj ET Q q 0 0 0 rg BT 370.40 248.40 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 388.66 248.40 Td (2015, ) Tj ET Q q 0 0 0 rg BT 419.78 248.40 Td (as ) Tj ET Q q 0 0 0 rg BT 434.99 248.40 Td (compared ) Tj ET Q q 0 0 0 rg BT 487.50 248.40 Td (to ) Tj ET Q q 0 0 0 rg BT 500.27 248.40 Td (21.4% ) Tj ET Q q 0 0 0 rg BT 535.05 248.40 Td (in ) Tj ET Q q 0 0 0 rg BT 547.21 248.40 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 235.20 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 99.95 235.20 Td (period. ) Tj ET Q q 0 0 0 rg BT 136.96 235.20 Td (Full ) Tj ET Q q 0 0 0 rg BT 158.07 235.20 Td (year ) Tj ET Q q 0 0 0 rg BT 182.85 235.20 Td (2015 ) Tj ET Q q 0 0 0 rg BT 210.70 235.20 Td (property ) Tj ET Q q 0 0 0 rg BT 254.44 235.20 Td (and ) Tj ET Q q 0 0 0 rg BT 276.17 235.20 Td (equipment ) Tj ET Q q 0 0 0 rg BT 330.92 235.20 Td (additions ) Tj ET Q q 0 0 0 rg BT 378.33 235.20 Td (were ) Tj ET Q q 0 0 0 rg BT 405.56 235.20 Td (20.5% ) Tj ET Q q 0 0 0 rg BT 440.13 235.20 Td (of ) Tj ET Q q 0 0 0 rg BT 452.68 235.20 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 498.87 235.20 Td (which ) Tj ET Q q 0 0 0 rg BT 530.38 235.20 Td (was ) Tj ET Q q 0 0 0 rg BT 553.32 235.20 Td (at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 222.00 Td (the ) Tj ET Q q 0 0 0 rg BT 67.79 222.00 Td (low-end ) Tj ET Q q 0 0 0 rg BT 109.31 222.00 Td (of ) Tj ET Q q 0 0 0 rg BT 121.48 222.00 Td (our ) Tj ET Q q 0 0 0 rg BT 140.37 222.00 Td (2015 ) Tj ET Q q 0 0 0 rg BT 167.84 222.00 Td (guidance ) Tj ET Q q 0 0 0 rg BT 215.49 222.00 Td (of ) Tj ET Q q 0 0 0 rg BT 227.66 222.00 Td (20% ) Tj ET Q q 0 0 0 rg BT 252.67 222.00 Td (to ) Tj ET Q q 0 0 0 rg BT 264.84 222.00 Td (22%. ) Tj ET Q q 0 0 0 rg BT 292.71 222.00 Td (The ) Tj ET Q q 0 0 0 rg BT 314.66 222.00 Td (increases ) Tj ET Q q 0 0 0 rg BT 364.74 222.00 Td (in ) Tj ET Q q 0 0 0 rg BT 376.30 222.00 Td (both ) Tj ET Q q 0 0 0 rg BT 400.70 222.00 Td (2015 ) Tj ET Q q 0 0 0 rg BT 428.17 222.00 Td (periods ) Tj ET Q q 0 0 0 rg BT 467.24 222.00 Td (were ) Tj ET Q q 0 0 0 rg BT 494.08 222.00 Td (mainly ) Tj ET Q q 0 0 0 rg BT 528.87 222.00 Td (related ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 208.80 Td (to ) Tj ET Q q 0 0 0 rg BT 62.06 208.80 Td (higher ) Tj ET Q q 0 0 0 rg BT 96.02 208.80 Td (investments ) Tj ET Q q 0 0 0 rg BT 158.09 208.80 Td (in ) Tj ET Q q 0 0 0 rg BT 170.04 208.80 Td (line ) Tj ET Q q 0 0 0 rg BT 190.55 208.80 Td (extensions ) Tj ET Q q 0 0 0 rg BT 246.52 208.80 Td (and ) Tj ET Q q 0 0 0 rg BT 268.26 208.80 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 312.01 208.80 Td (projects, ) Tj ET Q q 0 0 0 rg BT 356.97 208.80 Td (primarily ) Tj ET Q q 0 0 0 rg BT 401.91 208.80 Td (in ) Tj ET Q q 0 0 0 rg BT 413.85 208.80 Td (our ) Tj ET Q q 0 0 0 rg BT 433.14 208.80 Td (CEE ) Tj ET Q q 0 0 0 rg BT 459.14 208.80 Td (region. ) Tj ET Q q 0 0 0 rg BT 495.48 208.80 Td (As ) Tj ET Q q 0 0 0 rg BT 511.71 208.80 Td (we ) Tj ET Q q 0 0 0 rg BT 529.15 208.80 Td (plan ) Tj ET Q q 0 0 0 rg BT 553.33 208.80 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 195.60 Td (accelerate ) Tj ET Q q 0 0 0 rg BT 103.18 195.60 Td (our ) Tj ET Q q 0 0 0 rg BT 122.01 195.60 Td (new ) Tj ET Q q 0 0 0 rg BT 145.13 195.60 Td (build ) Tj ET Q q 0 0 0 rg BT 171.30 195.60 Td (program ) Tj ET Q q 0 0 0 rg BT 215.19 195.60 Td (during ) Tj ET Q q 0 0 0 rg BT 248.70 195.60 Td (2016, ) Tj ET Q q 0 0 0 rg BT 279.16 195.60 Td (we ) Tj ET Q q 0 0 0 rg BT 296.15 195.60 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 346.17 195.60 Td (a ) Tj ET Q q 0 0 0 rg BT 355.22 195.60 Td (higher ) Tj ET Q q 0 0 0 rg BT 388.73 195.60 Td (spending ) Tj ET Q q 0 0 0 rg BT 436.31 195.60 Td (for ) Tj ET Q q 0 0 0 rg BT 452.08 195.60 Td (our ) Tj ET Q q 0 0 0 rg BT 470.91 195.60 Td (network ) Tj ET Q q 0 0 0 rg BT 512.36 195.60 Td (expansion ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 182.40 Td (program ) Tj ET Q q 0 0 0 rg BT 93.51 182.40 Td (and ) Tj ET Q q 0 0 0 rg BT 114.92 182.40 Td (related ) Tj ET Q q 0 0 0 rg BT 151.61 182.40 Td (RGU ) Tj ET Q q 0 0 0 rg BT 179.11 182.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 215.18 182.40 Td (in ) Tj ET Q q 0 0 0 rg BT 226.80 182.40 Td (the ) Tj ET Q q 0 0 0 rg BT 245.14 182.40 Td (region ) Tj ET Q q 0 0 0 rg BT 278.77 182.40 Td (and ) Tj ET Q q 0 0 0 rg BT 300.18 182.40 Td (as ) Tj ET Q q 0 0 0 rg BT 314.85 182.40 Td (a ) Tj ET Q q 0 0 0 rg BT 324.03 182.40 Td (result ) Tj ET Q q 0 0 0 rg BT 353.98 182.40 Td (expect ) Tj ET Q q 0 0 0 rg BT 389.44 182.40 Td (total ) Tj ET Q q 0 0 0 rg BT 413.29 182.40 Td (property ) Tj ET Q q 0 0 0 rg BT 456.70 182.40 Td (and ) Tj ET Q q 0 0 0 rg BT 478.11 182.40 Td (equipment ) Tj ET Q q 0 0 0 rg BT 532.53 182.40 Td (spend ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 169.20 Td (to ) Tj ET Q q 0 0 0 rg BT 61.73 169.20 Td (range ) Tj ET Q q 0 0 0 rg BT 92.92 169.20 Td (from ) Tj ET Q q 0 0 0 rg BT 117.98 169.20 Td (22% ) Tj ET Q q 0 0 0 rg BT 143.05 169.20 Td (to ) Tj ET Q q 0 0 0 rg BT 155.28 169.20 Td (24% ) Tj ET Q q 0 0 0 rg BT 180.35 169.20 Td (of ) Tj ET Q q 0 0 0 rg BT 192.58 169.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 235.39 169.20 Td (in ) Tj ET Q q 0 0 0 rg BT 247.01 169.20 Td (2016.) Tj ET Q /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I77 Do 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 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 (Summary of ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 128.60 709.85 Td (Third-Party Debt, V) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 247.64 709.85 Td (endor Financing, Capital Lease Obligations and ) Tj ET Q BT /F2 14.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 693.05 Td (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 49.50 666.65 Td (The ) Tj ET Q q 0 0 0 rg BT 72.07 666.65 Td (following ) Tj ET Q q 0 0 0 rg BT 118.48 666.65 Td (table ) Tj ET Q q 0 0 0 rg BT 145.94 666.65 Td (details ) Tj ET Q q 0 0 0 rg BT 181.35 666.65 Td (the ) Tj ET Q q 0 0 0 rg BT 200.25 666.65 Td (nominal ) Tj ET Q q 0 0 0 rg BT 242.39 666.65 Td (value ) Tj ET Q q 0 0 0 rg BT 272.30 666.65 Td (and ) Tj ET Q q 0 0 0 rg BT 294.26 666.65 Td (euro ) Tj ET Q q 0 0 0 rg BT 319.89 666.65 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 373.65 666.65 Td (of ) Tj ET Q q 0 0 0 rg BT 386.43 666.65 Td (the ) Tj ET Q q 0 0 0 rg BT 405.34 666.65 Td (carrying ) Tj ET Q q 0 0 0 rg BT 448.07 666.65 Td (value ) Tj ET Q q 0 0 0 rg BT 477.98 666.65 Td (of ) Tj ET Q q 0 0 0 rg BT 490.76 666.65 Td (UPC ) Tj ET Q q 0 0 0 rg BT 517.60 666.65 Td (Holding's ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 653.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 113.99 653.45 Td (third-party ) Tj ET Q q 0 0 0 rg BT 166.23 653.45 Td (debt, ) Tj ET Q q 0 0 0 rg BT 193.42 653.45 Td (vendor ) Tj ET Q q 0 0 0 rg BT 229.78 653.45 Td (financing, ) Tj ET Q q 0 0 0 rg BT 279.59 653.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 314.11 653.45 Td (lease ) Tj ET Q q 0 0 0 rg BT 343.13 653.45 Td (obligations ) Tj ET Q q 0 0 0 rg BT 398.44 653.45 Td (and ) Tj ET Q q 0 0 0 rg BT 419.52 653.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 445.48 653.45 Td (and ) Tj ET Q q 0 0 0 rg BT 466.55 653.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 492.51 653.45 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 550.89 653.45 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 640.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.73 640.25 Td (the ) Tj ET Q q 0 0 0 rg BT 80.08 640.25 Td (dates ) Tj ET Q q 0 0 0 rg BT 110.04 640.25 Td (indicated: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 606.75 m 409 606.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 606.75 m 413 606.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 606.75 m 482 606.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 606.75 m 562 606.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339 582.75 m 409 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 582.75 m 482 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 582.75 m 562 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 468.75 m 482 468.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 468.75 m 562 468.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 468.75 m 482 468.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 455.75 m 482 455.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 468.75 m 562 468.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 455.75 m 562 455.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 386.75 m 413 386.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 386.75 m 482 386.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 386.75 m 562 386.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 373.75 m 482 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 373.75 m 562 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 317.75 m 482 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 317.75 m 562 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 317.75 m 482 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 304.75 m 482 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 317.75 m 562 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 304.75 m 562 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 286.75 m 482 286.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 286.75 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 486 273.75 m 562 273.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 273.75 m 482 273.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 273.75 m 562 273.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 242.75 m 562 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 242.75 m 482 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 229.75 m 482 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 227.75 m 482 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 242.75 m 562 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 229.75 m 562 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 227.75 m 562 227.75 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.70 620.70 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 490.70 620.70 Td (September 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.95 608.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.45 608.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 353.70 596.15 Td (Nominal) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.70 587.15 Td (Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.45 596.15 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.20 587.15 Td (Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 502.95 596.15 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 509.70 587.15 Td (Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.20 573.75 Td (in millions) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 562.97 Td (Senior Credit Facility) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 549.97 Td (Facility AH \(LIBOR + 2.50%\) USD due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.15 549.97 Td (..............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 549.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.75 549.97 Td (1,305.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.50 549.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 549.97 Td (1,198.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 549.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 549.97 Td (1,164.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 536.97 Td (Facility AM \(EURIBOR + 2.75%\) EUR due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.80 536.97 Td (........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 536.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 536.97 Td (990.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.15 536.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 536.97 Td (50.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 523.97 Td (7.250% USD Facility AC due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.45 523.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 523.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 523.97 Td (675.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 523.97 Td (621.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 523.97 Td (603.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 510.97 Td (6.875% USD Facility AD due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.45 510.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 510.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 510.97 Td (675.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 510.97 Td (621.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 510.97 Td (603.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 497.97 Td (4.000% EUR Facility AK due 2027) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.45 497.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 497.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 497.97 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 497.97 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 497.97 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 484.97 Td (5.375% USD Facility AL due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 203.65 484.97 Td (..............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 484.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.75 484.97 Td (1,140.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 484.97 Td (1,049.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 484.97 Td (1,019.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 471.97 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 313.80 471.97 Td (.................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.45 471.97 Td (\(2,891.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.15 471.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.45 471.97 Td (\(2,826.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.15 471.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 458.97 Td (Total Senior Credit Facilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.55 458.97 Td (.............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 458.97 Td (1,198.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 458.97 Td (1,214.6) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 441.97 Td (Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 428.97 Td (7.250% USD Senior Secured Notes due 2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.45 428.97 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 428.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 428.97 Td (675.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 428.97 Td (621.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 428.97 Td (603.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 415.97 Td (6.875% USD Senior Secured Notes due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.45 415.97 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 415.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 415.97 Td (675.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 415.97 Td (621.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 415.97 Td (603.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 402.97 Td (5.375% USD Senior Secured Notes due 2025) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.45 402.97 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 402.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.75 402.97 Td (1,140.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 402.97 Td (1,047.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 402.97 Td (1,018.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 389.97 Td (4.000% EUR Senior Secured Notes due 2027) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.45 389.97 Td (...........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 389.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 389.97 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 389.97 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 389.97 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 376.97 Td (Total Senior Secured Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.75 376.97 Td (..............................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 376.97 Td (2,890.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 376.97 Td (2,825.2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 51.50 359.97 Td (Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 346.97 Td (6.375% EUR Senior Notes due 2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 217.55 346.97 Td (.........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 346.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 346.97 Td (600.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 346.97 Td (596.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 346.97 Td (595.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 333.97 Td (6.750% EUR Senior Notes due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 217.55 333.97 Td (.........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.50 333.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.10 333.97 Td (450.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 333.97 Td (450.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 333.97 Td (450.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 320.97 Td (6.750% CHF Senior Notes due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 214.80 320.97 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.25 320.97 Td (CHF 350.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 320.97 Td (322.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 320.97 Td (321.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 307.97 Td (Total Senior Notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 149.85 307.97 Td (............................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 307.97 Td (1,368.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 307.97 Td (1,367.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 290.97 Td (Vendor financing) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 130.40 290.97 Td (...................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 290.97 Td (546.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.10 290.97 Td (557.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 276.97 Td (Capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 163.75 276.97 Td (.......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.65 276.97 Td (22.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 276.97 Td (23.4) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 263.97 Td (Total third-party debt and capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.45 263.97 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 263.97 Td (6,025.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 263.97 Td (5,987.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 245.97 Td (Less: cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.90 245.97 Td (..........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.10 245.97 Td (139.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 245.97 Td (48.6) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 232.97 Td (Net 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 296.70 237.74 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.45 232.97 Td (....................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.50 232.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.75 232.97 Td (5,886.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.50 232.97 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.75 232.97 Td (5,939.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 214.97 Td (Exchange rate \($ to \)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 152.65 214.97 Td (...........................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 214.97 Td (1.0866) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 214.97 Td (1.1182) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 201.97 Td (Exchange rate \(CHF to \)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 169.30 201.97 Td (.....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.55 201.97 Td (1.0863) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.55 201.97 Td (1.0901) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 174.05 Td (At ) Tj ET Q q 0 0 0 rg BT 63.11 174.05 Td (December ) Tj ET Q q 0 0 0 rg BT 117.07 174.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 135.59 174.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 166.33 174.05 Td (our ) Tj ET Q q 0 0 0 rg BT 185.45 174.05 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 255.93 174.05 Td (third-party ) Tj ET Q q 0 0 0 rg BT 308.67 174.05 Td (debt ) Tj ET Q q 0 0 0 rg BT 333.29 174.05 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 384.82 174.05 Td (cost) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 404.99 179.30 Td (26) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 412.94 174.05 Td ( ) Tj ET Q q 0 0 0 rg BT 416.16 174.05 Td (was ) Tj ET Q q 0 0 0 rg BT 438.94 174.05 Td (4.5%, ) Tj ET Q q 0 0 0 rg BT 470.29 174.05 Td (down ) Tj ET Q q 0 0 0 rg BT 499.81 174.05 Td (from ) Tj ET Q q 0 0 0 rg BT 525.03 174.05 Td (7.8% ) Tj ET Q q 0 0 0 rg BT 553.32 174.05 Td (at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 160.85 Td (December ) Tj ET Q q 0 0 0 rg BT 103.06 160.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 121.16 160.85 Td (2014. ) Tj ET Q q 0 0 0 rg BT 151.32 160.85 Td (The ) Tj ET Q q 0 0 0 rg BT 173.09 160.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 221.16 160.85 Td (was ) Tj ET Q q 0 0 0 rg BT 243.54 160.85 Td (a ) Tj ET Q q 0 0 0 rg BT 252.47 160.85 Td (result ) Tj ET Q q 0 0 0 rg BT 282.19 160.85 Td (of ) Tj ET Q q 0 0 0 rg BT 294.18 160.85 Td (re-financing ) Tj ET Q q 0 0 0 rg BT 354.47 160.85 Td (a ) Tj ET Q q 0 0 0 rg BT 363.40 160.85 Td (portion ) Tj ET Q q 0 0 0 rg BT 399.85 160.85 Td (of ) Tj ET Q q 0 0 0 rg BT 411.84 160.85 Td (our ) Tj ET Q q 0 0 0 rg BT 430.56 160.85 Td (debt ) Tj ET Q q 0 0 0 rg BT 454.78 160.85 Td (and ) Tj ET Q q 0 0 0 rg BT 475.95 160.85 Td (re-striking ) Tj ET Q q 0 0 0 rg BT 527.05 160.85 Td (various ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 147.65 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 105.76 147.65 Td (at ) Tj ET Q q 0 0 0 rg BT 118.62 147.65 Td (lower ) Tj ET Q q 0 0 0 rg BT 148.59 147.65 Td (rates. ) Tj ET Q q 0 0 0 rg BT 179.54 147.65 Td (The ) Tj ET Q q 0 0 0 rg BT 202.18 147.65 Td (average ) Tj ET Q q 0 0 0 rg BT 245.61 147.65 Td (tenor ) Tj ET Q q 0 0 0 rg BT 274.37 147.65 Td (of ) Tj ET Q q 0 0 0 rg BT 287.23 147.65 Td (our ) Tj ET Q q 0 0 0 rg BT 306.81 147.65 Td (third-party ) Tj ET Q q 0 0 0 rg BT 360.01 147.65 Td (debt ) Tj ET Q q 0 0 0 rg BT 385.10 147.65 Td (exceeds ) Tj ET Q q 0 0 0 rg BT 429.75 147.65 Td (seven ) Tj ET Q q 0 0 0 rg BT 462.79 147.65 Td (years. ) Tj ET Q q 0 0 0 rg BT 496.43 147.65 Td (Based ) Tj ET Q q 0 0 0 rg BT 531.30 147.65 Td (on ) Tj ET Q q 0 0 0 rg BT 547.22 147.65 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 134.45 Td (results ) Tj ET Q q 0 0 0 rg BT 85.30 134.45 Td (for ) Tj ET Q q 0 0 0 rg BT 101.54 134.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 119.61 134.45 Td (2015, ) Tj ET Q q 0 0 0 rg BT 150.54 134.45 Td (and ) Tj ET Q q 0 0 0 rg BT 172.29 134.45 Td (subject ) Tj ET Q q 0 0 0 rg BT 210.55 134.45 Td (to ) Tj ET Q q 0 0 0 rg BT 223.12 134.45 Td (the ) Tj ET Q q 0 0 0 rg BT 241.81 134.45 Td (completion ) Tj ET Q q 0 0 0 rg BT 298.41 134.45 Td (of ) Tj ET Q q 0 0 0 rg BT 310.99 134.45 Td (our ) Tj ET Q q 0 0 0 rg BT 330.28 134.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 348.36 134.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 376.23 134.45 Td (compliance ) Tj ET Q q 0 0 0 rg BT 435.27 134.45 Td (reporting ) Tj ET Q q 0 0 0 rg BT 482.09 134.45 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 552.74 134.45 Td (\(i\) ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 121.25 Td (the ) Tj ET Q q 0 0 0 rg BT 67.68 121.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 91.96 121.25 Td (of ) Tj ET Q q 0 0 0 rg BT 104.02 121.25 Td (Senior ) Tj ET Q q 0 0 0 rg BT 138.70 121.25 Td (Debt ) Tj ET Q q 0 0 0 rg BT 164.82 121.25 Td (to ) Tj ET Q q 0 0 0 rg BT 176.31 121.25 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 233.62 121.25 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 272.74 121.25 Td ( ) Tj ET Q q 0 0 0 rg BT 275.63 121.25 Td (\(last ) Tj ET Q q 0 0 0 rg BT 299.29 121.25 Td (two ) Tj ET Q q 0 0 0 rg BT 319.30 121.25 Td (quarters ) Tj ET Q q 0 0 0 rg BT 362.53 121.25 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 422.29 121.25 Td (was) 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 441.85 121.25 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 444.74 121.25 Td (3.25x ) Tj ET Q q 0 0 0 rg BT 474.53 121.25 Td (and ) Tj ET Q q 0 0 0 rg BT 495.77 121.25 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 510.87 121.25 Td (the ) Tj ET Q q 0 0 0 rg BT 529.05 121.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 553.33 121.25 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 108.05 Td (T) Tj ET Q q 0 0 0 rg BT 55.00 108.05 Td (otal ) Tj ET Q q 0 0 0 rg BT 74.68 108.05 Td (Debt ) Tj ET Q q 0 0 0 rg BT 99.85 108.05 Td (to ) Tj ET Q q 0 0 0 rg BT 110.58 108.05 Td (Annualized ) Tj ET Q q 0 0 0 rg BT 166.95 108.05 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 206.07 108.05 Td ( ) Tj ET Q q 0 0 0 rg BT 208.01 108.05 Td (\(last ) Tj ET Q q 0 0 0 rg BT 230.73 108.05 Td (two ) Tj ET Q q 0 0 0 rg BT 249.79 108.05 Td (quarters ) Tj ET Q q 0 0 0 rg BT 292.08 108.05 Td (annualized\) ) Tj ET Q q 0 0 0 rg BT 350.90 108.05 Td (was ) Tj ET Q q 0 0 0 rg BT 372.40 108.05 Td (4.33x, ) Tj ET Q q 0 0 0 rg BT 404.31 108.05 Td (each ) Tj ET Q q 0 0 0 rg BT 430.10 108.05 Td (as ) Tj ET Q q 0 0 0 rg BT 443.66 108.05 Td (calculated ) Tj ET Q q 0 0 0 rg BT 495.13 108.05 Td (in ) Tj ET Q q 0 0 0 rg BT 505.63 108.05 Td (accordance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 94.85 Td (with ) Tj ET Q q 0 0 0 rg BT 71.83 94.85 Td (our ) Tj ET Q q 0 0 0 rg BT 90.50 94.85 Td (most ) Tj ET Q q 0 0 0 rg BT 117.11 94.85 Td (restrictive ) Tj ET Q q 0 0 0 rg BT 166.94 94.85 Td (covenants. ) Tj ET Q q 0 0 0 rg BT 222.36 94.85 Td (As ) Tj ET Q q 0 0 0 rg BT 237.97 94.85 Td (of ) Tj ET Q q 0 0 0 rg BT 249.92 94.85 Td (December ) Tj ET Q q 0 0 0 rg BT 303.43 94.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 321.49 94.85 Td (2015, ) Tj ET Q q 0 0 0 rg BT 351.79 94.85 Td (we ) Tj ET Q q 0 0 0 rg BT 368.62 94.85 Td (had ) Tj ET Q q 0 0 0 rg BT 389.75 94.85 Td (maximum ) Tj ET Q q 0 0 0 rg BT 440.18 94.85 Td (undrawn ) Tj ET Q q 0 0 0 rg BT 485.15 94.85 Td (commitments ) Tj ET Q q 0 0 0 rg BT 553.32 94.85 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 562.49 94.85 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 49.50 81.65 Td (990 ) Tj ET Q q 0 0 0 rg BT 75.94 81.65 Td (million. ) Tj ET Q q 0 0 0 rg BT 112.15 81.65 Td (When ) Tj ET Q q 0 0 0 rg BT 142.86 81.65 Td (the ) Tj ET Q q 0 0 0 rg BT 160.12 81.65 Td (December ) Tj ET Q q 0 0 0 rg BT 212.84 81.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 230.10 81.65 Td (2015 ) Tj ET Q q 0 0 0 rg BT 256.55 81.65 Td (compliance ) Tj ET Q q 0 0 0 rg BT 314.16 81.65 Td (reporting ) Tj ET Q q 0 0 0 rg BT 359.55 81.65 Td (requirements ) Tj ET Q q 0 0 0 rg BT 425.72 81.65 Td (are ) Tj ET Q q 0 0 0 rg BT 443.59 81.65 Td (completed, ) Tj ET Q q 0 0 0 rg BT 499.38 81.65 Td (we ) Tj ET Q q 0 0 0 rg BT 515.41 81.65 Td (anticipate ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 68.45 Td (858) 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 73.97 68.45 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 77.03 68.45 Td (million ) Tj ET Q q 0 0 0 rg BT 111.26 68.45 Td (will ) Tj ET Q q 0 0 0 rg BT 129.59 68.45 Td (be ) Tj ET Q q 0 0 0 rg BT 144.88 68.45 Td (available ) Tj ET Q q 0 0 0 rg BT 191.36 68.45 Td (to ) Tj ET Q q 0 0 0 rg BT 203.59 68.45 Td (be ) Tj ET Q q 0 0 0 rg BT 218.88 68.45 Td (drawn ) Tj ET Q q 0 0 0 rg BT 251.89 68.45 Td (based ) Tj ET Q q 0 0 0 rg BT 284.92 68.45 Td (on ) Tj ET Q q 0 0 0 rg BT 300.21 68.45 Td (our ) Tj ET Q q 0 0 0 rg BT 319.17 68.45 Td (most ) Tj ET Q q 0 0 0 rg BT 346.06 68.45 Td (restrictive ) Tj ET Q q 0 0 0 rg BT 396.18 68.45 Td (debt ) Tj ET Q q 0 0 0 rg BT 420.64 68.45 Td (incurrence ) Tj ET Q q 0 0 0 rg BT 475.06 68.45 Td (covenant. ) Tj ET Q /GS0 gs q 57.85 0 0 47.00 504.15 732.50 cm /I78 Do Q endstream endobj 63 0 obj <> endobj 64 0 obj <> stream BT /F2 9.00 Tf ET q 0 0 0 rg BT 551.95 24.95 Td (31) 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 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 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 Fiscal 2015 Results) Tj ET Q BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 650.35 Td (Strongest Full-Y) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 162.74 650.35 Td (ear Broadband Subscriber ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 353.09 650.35 Td (Additions in Eight ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 480.88 650.35 Td (Y) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 490.08 650.35 Td (ears ) Tj ET Q BT /F2 16.00 Tf ET BT /F2 16.00 Tf ET q 0 0.30980392156862746 0.6235294117647059 rg BT 49.50 612.50 Td (Achieved Revenue & Segment OCF Growth of 7% in 2015) 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 49.50 589.30 Td (VTR ) Tj ET Q q 0 0 0 rg BT 74.83 589.30 Td (Finance ) Tj ET Q q 0 0 0 rg BT 117.30 589.30 Td (B.V) Tj ET Q q 0 0 0 rg BT 134.02 589.30 Td (., ) Tj ET Q q 0 0 0 rg BT 143.46 589.30 Td (including ) Tj ET Q q 0 0 0 rg BT 190.21 589.30 Td (VTR ) Tj ET Q q 0 0 0 rg BT 215.55 589.30 Td (GlobalCom ) Tj ET Q q 0 0 0 rg BT 273.90 589.30 Td (SpA) Tj ET Q q 0 0 0 rg BT 294.08 589.30 Td ( ) Tj ET Q q 0 0 0 rg BT 297.42 589.30 Td (and ) Tj ET Q q 0 0 0 rg BT 319.10 589.30 Td (its ) Tj ET Q q 0 0 0 rg BT 333.43 589.30 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 394.85 589.30 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 450.88 589.30 Td (, ) Tj ET Q q 0 0 0 rg BT 457.27 589.30 Td ("VTR"\), ) Tj ET Q q 0 0 0 rg BT 497.13 589.30 Td (is ) Tj ET Q q 0 0 0 rg BT 508.40 589.30 Td (the ) Tj ET Q q 0 0 0 rg BT 527.03 589.30 Td (leading ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 576.10 Td (cable ) Tj ET Q q 0 0 0 rg BT 78.86 576.10 Td (operator ) Tj ET Q q 0 0 0 rg BT 122.90 576.10 Td (in ) Tj ET Q q 0 0 0 rg BT 134.53 576.10 Td (Chile, ) Tj ET Q q 0 0 0 rg BT 165.72 576.10 Td (of) Tj ET Q q 0 0 0 rg BT 174.69 576.10 Td (fering ) Tj ET Q q 0 0 0 rg BT 205.28 576.10 Td (video, ) Tj ET Q q 0 0 0 rg BT 237.69 576.10 Td (broadband ) Tj ET Q q 0 0 0 rg BT 293.37 576.10 Td (internet, ) Tj ET Q q 0 0 0 rg BT 336.18 576.10 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 383.27 576.10 Td (telephony ) Tj ET Q q 0 0 0 rg BT 434.04 576.10 Td (and ) Tj ET Q q 0 0 0 rg BT 455.46 576.10 Td (mobile ) Tj ET Q q 0 0 0 rg BT 490.93 576.10 Td (voice ) Tj ET Q q 0 0 0 rg BT 519.67 576.10 Td (and ) Tj ET Q q 0 0 0 rg BT 541.09 576.10 Td (data ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 562.90 Td (services ) Tj ET Q q 0 0 0 rg BT 92.90 562.90 Td (to ) Tj ET Q q 0 0 0 rg BT 105.13 562.90 Td (its ) Tj ET Q q 0 0 0 rg BT 119.18 562.90 Td (1.3 ) Tj ET Q q 0 0 0 rg BT 137.53 562.90 Td (million ) Tj ET Q q 0 0 0 rg BT 171.76 562.90 Td (customers. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 49.50 537.70 Td (Operating and financial highlights) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.34 537.70 Td (*) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 231.62 537.70 Td (:) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 514.90 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 514.90 Td (Strong subscriber and customer growth fueled 2015 financial results) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 80.50 489.08 cm /I79 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 492.10 Td (Added 80,000 RGUs) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 200.01 497.35 Td (2) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 203.98 492.10 Td ( \(up 7% year-over-year\) and 38,000 customers) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 432.04 497.35 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 436.01 492.10 Td ( \(up 49% ) Tj ET Q q 0 0 0 rg BT 482.90 492.10 Td (Y) Tj ET Q q 0 0 0 rg BT 489.22 492.10 Td (oY\) in 2015) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 18.00 0 0 11.00 116.50 464.58 cm /I80 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 134.50 466.95 Td (Our V) Tj ET Q q 0 0 0 rg BT 166.69 466.95 Td (ive Ms bundles, featuring rich HD channel line-ups and market-leading ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 134.50 447.80 Td (broadband speeds, underpinned our success during the year) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 18.00 0 0 11.00 116.50 426.33 cm /I81 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 134.50 428.70 Td (Increased customer relationships for the fourth consecutive quarter) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 18.00 0 0 11.00 116.50 407.18 cm /I82 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 134.50 409.55 Td (Reached the 1.0 million broadband) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 305.12 414.80 Td (3) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 309.09 409.55 Td ( RGU level during Q4) Tj ET Q BT /F2 11.00 Tf ET /GS0 gs q 18.00 0 0 11.00 116.50 388.03 cm /I83 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 134.50 390.40 Td (Next-generation video-on-demand user interface well received) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 80.50 363.03 cm /I84 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 366.05 Td (Product strategy in 2016 will be focused on extending our broadband speed advantage and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 346.90 Td (continuing to roll-out next-generation video technology) Tj ET Q q 0 0 0 rg BT 361.86 346.90 Td (, including Horizon ) Tj ET Q q 0 0 0 rg BT 455.21 346.90 Td (TV) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 322.55 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 322.55 Td (Expanded mobile subscriber) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 206.30 327.80 Td (18) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 214.25 322.55 Td ( base to 132,000 by year end, a 19% increase from year-end 2014) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 80.50 295.18 cm /I85 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 298.20 Td (Added 30,000 postpaid subscribers in 2015, successfully shifting prepaid base to higher ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 279.05 Td (ARPU) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 129.06 284.30 Td (19 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 139.00 279.05 Td (customers) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 254.70 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 254.70 Td (Delivered 2015 revenue of CLP) Tj ET Q q 0 0 0 rg BT 220.79 254.70 Td ( 547.5 billion, reflecting 7% year-over-year growth) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 80.50 227.28 cm /I86 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 230.30 Td (T) Tj ET Q q 0 0 0 rg BT 104.00 230.30 Td (op-line growth propelled by a combination of volume and ) Tj ET Q q 0 0 0 rg BT 382.23 230.30 Td (ARPU) Tj ET Q BT /F2 14.00 Tf ET /GS0 gs q 18.00 0 0 13.73 80.50 202.93 cm /I87 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.50 205.95 Td (Q4 2015 revenue growth of 8% was our best quarterly result in over two years) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 181.60 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 181.60 Td (Drove a 7% Segment OCF) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 198.33 186.85 Td (7) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 202.31 181.60 Td ( increase to CLP) Tj ET Q q 0 0 0 rg BT 283.42 181.60 Td ( 214.4 billion, despite FX headwinds in our cost base) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 157.25 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 157.25 Td (Improved operating income by 14% to CLP) Tj ET Q q 0 0 0 rg BT 277.03 157.25 Td ( 109.5 billion in 2015 ) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 132.90 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 132.90 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 232.00 138.15 Td (9) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 235.97 132.90 Td ( as a percentage of revenue of 18% for 2015, meeting guidance) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 108.50 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 108.50 Td (Lowered fully-swapped third-party borrowing cost) Tj ET Q BT /F2 11.00 Tf ET BT /F2 7.15 Tf ET q 0 0 0 rg BT 307.17 113.75 Td (26) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 315.12 108.50 Td ( to 6.5%, down from 1) Tj ET Q q 0 0 0 rg BT 421.30 108.50 Td (1% at year-end 2014) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 49.50 84.15 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 84.15 Td (Ended 2015 with a 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 323.73 89.40 Td (35) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 331.68 84.15 Td ( of 3.8x ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.50 70.95 Td ( ) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 54.00 56.55 Td (* ) Tj ET Q q 0 0 0 rg BT 58.67 56.55 Td ( ) Tj ET Q q 0 0 0 rg BT 60.49 56.55 Td (The ) Tj ET Q q 0 0 0 rg BT 74.49 56.55 Td (financial ) Tj ET Q q 0 0 0 rg BT 102.12 56.55 Td (figures ) Tj ET Q q 0 0 0 rg BT 125.08 56.55 Td (contained ) Tj ET Q q 0 0 0 rg BT 157.38 56.55 Td (in ) Tj ET Q q 0 0 0 rg BT 164.77 56.55 Td (this ) Tj ET Q q 0 0 0 rg BT 177.61 56.55 Td (release ) Tj ET Q q 0 0 0 rg BT 202.51 56.55 Td (are ) Tj ET Q q 0 0 0 rg BT 214.58 56.55 Td (prepared ) Tj ET Q q 0 0 0 rg BT 244.54 56.55 Td (in ) Tj ET Q q 0 0 0 rg BT 251.93 56.55 Td (accordance ) Tj ET Q q 0 0 0 rg BT 290.07 56.55 Td (with ) Tj ET Q q 0 0 0 rg BT 304.46 56.55 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 320.02 56.55 Td (GAAP) Tj ET Q BT /F2 7.00 Tf ET BT /F2 4.55 Tf ET q 0 0 0 rg BT 339.47 59.89 Td (10) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 344.53 56.55 Td (. ) Tj ET Q /GS0 gs q 97.40 0 0 47.00 464.55 732.50 cm /I88 Do Q endstream endobj 67 0 obj <> endobj 68 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 (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 (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 407 562.35 m 483 562.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 562.35 m 563 562.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 513.35 m 483 513.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 499.35 m 483 499.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 497.35 m 483 497.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 513.35 m 563 513.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 499.35 m 563 499.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 497.35 m 563 497.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 449.35 m 483 449.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 449.35 m 563 449.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 449.35 m 563 449.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 400.35 m 483 400.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 400.35 m 563 400.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 400.35 m 483 400.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 386.35 m 483 386.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 384.35 m 483 384.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 400.35 m 563 400.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 386.35 m 563 386.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 384.35 m 563 384.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 145.35000000000002 m 483 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 145.35000000000002 m 563 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 145.35000000000002 m 483 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 132.35000000000002 m 483 132.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 130.35000000000002 m 483 130.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 145.35000000000002 m 563 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 132.35000000000002 m 563 132.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 130.35000000000002 m 563 130.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 98.35000000000002 m 483 98.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 98.35000000000002 m 563 98.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 98.35000000000002 m 483 98.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 85.35000000000002 m 483 85.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 83.35000000000002 m 483 83.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 98.35000000000002 m 563 98.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 85.35000000000002 m 563 85.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 83.35000000000002 m 563 83.35000000000002 l s BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 411.70 688.97 Td (As of and for the three months) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 435.85 678.97 Td (ended December 31,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 433.35 663.97 Td (2015) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 513.35 663.97 Td (2014) 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 52.5 643.38525390625 m 96.3720703125 643.38525390625 l s q 0 0 0 rg BT 52.50 644.97 Td (Footprint) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 630.57 Td (Homes Passed ) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 123.09 635.34 Td (1) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 126.22 635.34 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 134.00 630.57 Td (.................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 629.97 Td (3,061,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 629.97 Td (2,978,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 615.57 Td (T) Tj ET Q q 0 0 0 rg BT 58.06 615.57 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 162.54 620.34 Td ( 12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.65 615.57 Td (..................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 615.57 Td (2,545,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 615.57 Td (2,459,700) 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 52.5 595.38525390625 m 147.5244140625 595.38525390625 l s q 0 0 0 rg BT 52.50 596.97 Td (Subscribers \(RGUs\)) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 147.52 601.74 Td (2) 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 (13) 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 (93,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 581.97 Td (111,600) 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 (14) 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 (932,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 566.97 Td (901,900) 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 (1,026,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 551.97 Td (1,013,500) 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 (3) 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 (1,003,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 532.97 Td (932,000) 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 (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 106.20 517.57 Td (...........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.45 517.97 Td (689,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.45 517.97 Td (693,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.50 502.97 Td (Total RGUs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 125.65 502.57 Td (....................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.10 502.97 Td (2,719,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 502.97 Td (2,639,300) 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 54.5 482.38525390625 m 244.7099609375 482.38525390625 l s q 0 0 0 rg BT 54.50 483.97 Td (Q4 Organic RGU Net Additions \(Losses\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 468.97 Td (Basic Video) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 108.95 468.57 Td (..........................................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.20 468.97 Td (\(3,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 468.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.20 468.97 Td (\(4,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 468.97 Td (\)) 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 (3,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 453.97 Td (9,100) 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 453.55 438.97 Td (\(200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 438.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 438.97 Td (4,500) 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 448.55 419.97 Td (9,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.55 419.97 Td (\(600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 419.97 Td (\)) 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 445.20 404.97 Td (\(9,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 404.97 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.65 404.97 Td (\(11,600) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 404.97 Td (\)) 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 \(losses\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 250.65 389.57 Td (.......................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.90 389.97 Td (200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.20 389.97 Td (\(7,700) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 389.97 Td (\)) 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 52.5 369.38525390625 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 (29) 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 (90.9) 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 (89.0) 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 (30) 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 (39.4) 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 (37.9) 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 (30) 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 (27.1) 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 (28.2) 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 (1,263,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 291.97 Td (1,225,300) 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 (2.15) 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 (Q4 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 (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.55 261.57 Td (..................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.15 261.97 Td ( CLP 33,382) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 261.97 Td (CLP 32,284) 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 (30.5) 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 (31.3) 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 (23.7) 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 (22.1) 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 (45.8) 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 (18) 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 (121,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 163.97 Td (90,700) 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 443.00 149.57 Td (10,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 149.57 Td (19,800) 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 (110,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 116.57 Td (Q4 Postpaid net additions \(losses\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 209.00 116.57 Td (......................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.55 116.57 Td (\(900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 116.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.00 116.57 Td (12,200) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 102.57 Td (Q4 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 (\(1,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 102.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.20 102.57 Td (\(2,400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.60 102.57 Td (\)) 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 \(losses\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 259.00 88.57 Td (....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.20 88.57 Td (\(2,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.60 88.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.55 88.57 Td (9,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 70.57 Td (Q4 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 (19) 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 15,946) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 56.57 Td (CLP 13,868) 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 17,391) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 42.57 Td (CLP 15,272) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 97.40 0 0 47.00 464.55 732.50 cm /I89 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 (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 71.82 672.65 Td (following ) Tj ET Q q 0 0 0 rg BT 117.98 672.65 Td (table ) Tj ET Q q 0 0 0 rg BT 145.20 672.65 Td (reflects ) Tj ET Q q 0 0 0 rg BT 184.01 672.65 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 241.17 672.65 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 292.85 672.65 Td (selected ) Tj ET Q q 0 0 0 rg BT 337.19 672.65 Td (financial ) Tj ET Q q 0 0 0 rg BT 380.91 672.65 Td (results ) Tj ET Q q 0 0 0 rg BT 416.67 672.65 Td (for ) Tj ET Q q 0 0 0 rg BT 432.87 672.65 Td (the ) Tj ET Q q 0 0 0 rg BT 451.52 672.65 Td (three ) Tj ET Q q 0 0 0 rg BT 479.96 672.65 Td (months ) Tj ET Q q 0 0 0 rg BT 519.39 672.65 Td (and ) Tj ET Q q 0 0 0 rg BT 541.11 672.65 Td (year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 659.45 Td (ended ) Tj ET Q q 0 0 0 rg BT 83.14 659.45 Td (December ) Tj ET Q q 0 0 0 rg BT 136.94 659.45 Td (31, ) Tj ET Q q 0 0 0 rg BT 155.29 659.45 Td (2015 ) Tj ET Q q 0 0 0 rg BT 182.82 659.45 Td (and ) Tj ET Q q 0 0 0 rg BT 204.23 659.45 Td (2014. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 626.95 m 294 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 626.95 m 298 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 626.95 m 347 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 626.95 m 454 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 626.95 m 458 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 626.95 m 508 626.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 614.95 m 294 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 614.95 m 347 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 614.95 m 400 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 614.95 m 454 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 614.95 m 508 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 614.95 m 562 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 614.95 m 508 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 614.95 m 562 614.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 589.95 m 294 589.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 587.95 m 294 587.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 589.95 m 347 589.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 587.95 m 347 587.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 589.95 m 454 589.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 587.95 m 454 587.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 589.95 m 508 589.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 587.95 m 508 587.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 501.95 m 294 501.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 501.95 m 454 501.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 501.95 m 508 501.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 501.95 m 294 501.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 487.95 m 294 487.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 485.95 m 294 485.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 501.95 m 347 501.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 487.95 m 347 487.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 485.95 m 347 485.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 501.95 m 454 501.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 487.95 m 454 487.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 485.95 m 454 485.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 501.95 m 508 501.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 487.95 m 508 487.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 485.95 m 508 485.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 457.95 m 294 457.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 457.95 m 294 457.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 443.95 m 294 443.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 441.95 m 294 441.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 457.95 m 347 457.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 443.95 m 347 443.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 441.95 m 347 441.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 457.95 m 454 457.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 443.95 m 454 443.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 441.95 m 454 441.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 457.95 m 508 457.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 443.95 m 508 443.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 441.95 m 508 441.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 416.95 m 294 416.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 414.95 m 294 414.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 416.95 m 347 416.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 414.95 m 347 414.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 416.95 m 454 416.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 414.95 m 454 414.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 416.95 m 508 416.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 414.95 m 508 414.95 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 251.70 639.90 Td (Three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 265.70 630.90 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.95 639.90 Td (Year ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.70 630.90 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.45 617.90 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 311.95 617.90 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 358.45 617.90 Td (Change) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.95 617.90 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.45 617.90 Td (2014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.95 617.90 Td (Change) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 329.30 605.95 Td (CLP in billions, except % amounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 593.57 Td (Revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 93.20 593.17 Td (.....................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 259.55 593.62 Td (142.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 312.55 593.57 Td (131.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.30 593.57 Td (8.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.25 593.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.55 593.57 Td (547.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.55 593.57 Td (512.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 593.57 Td (6.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 593.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 574.57 Td (Segment OCF) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 118.25 574.17 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.10 574.57 Td (57.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.10 574.57 Td (57.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.00 574.57 Td (\(0.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.25 574.57 Td (%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.55 574.57 Td (214.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.55 574.57 Td (200.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 538.65 574.57 Td (6.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.60 574.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 559.57 Td (Share-based compensation expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.45 559.17 Td (.........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.65 559.57 Td (0.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.35 559.57 Td (\(2.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.60 559.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 559.57 Td (\(0.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.60 559.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.35 559.57 Td (\(4.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.60 559.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 544.57 Td (Related-party fees and allocations) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 202.70 549.34 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.70 544.17 Td (..........) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 267.35 544.57 Td (\(3.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.60 544.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.35 544.57 Td (\(1.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.60 544.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 544.57 Td (\(8.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.60 544.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.35 544.57 Td (\(4.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.60 544.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 529.57 Td (Depreciation and amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 184.90 529.17 Td (....................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.80 529.62 Td (\(24.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.60 529.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.80 529.57 Td (\(23.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.60 529.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.80 529.57 Td (\(92.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.60 529.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.80 529.57 Td (\(87.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.60 529.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 515.17 Td (Impairment, restructuring and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 505.17 Td (operating items, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 151.55 505.17 Td (................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.65 506.57 Td (0.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.35 506.57 Td (\(5.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.60 506.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.35 506.57 Td (\(3.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.60 506.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.35 506.57 Td (\(7.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.60 506.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 491.57 Td (Operating income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 132.10 491.17 Td (.......................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.10 491.57 Td (31.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.10 491.57 Td (25.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.55 491.57 Td (109.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.10 491.57 Td (96.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 473.17 Td (Segment OCF as a percentage of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 463.22 Td (revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.80 463.22 Td (...................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.10 466.57 Td (40.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.60 466.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.10 466.57 Td (43.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.60 466.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.10 466.57 Td (39.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.60 466.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.10 466.57 Td (39.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.60 466.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 447.57 Td (Property and equipment additions) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 201.04 452.34 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 207.15 447.17 Td (............) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.10 447.57 Td (14.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.10 447.57 Td (28.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.10 447.57 Td (96.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.55 447.57 Td (111.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 429.17 Td (Property and equipment additions as a) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.50 419.17 Td (percentage of revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 162.70 419.17 Td (............................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.65 420.57 Td (9.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.60 420.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.10 420.57 Td (21.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.60 420.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.10 420.57 Td (17.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.60 420.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.10 420.57 Td (21.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.60 420.57 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 49.50 387.65 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 49.50 361.25 Td (Subscriber additions increased 7% year-over-year to 80,000 in 2015, as compared to 75,000 last year) Tj ET Q q 0 0 0 rg BT 544.18 361.25 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 348.05 Td (From a product perspective, our 2015 performance was led by broadband internet with 71,000 RGU ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 334.85 Td (additions, up 25,000 RGUs year-over-year) Tj ET Q q 0 0 0 rg BT 255.55 334.85 Td (. Our annual performance in broadband was our strongest in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 321.65 Td (eight years, due in part to the introduction of our popular V) Tj ET Q q 0 0 0 rg BT 336.70 321.65 Td (ive Ms bundles, featuring rich HD channel ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 308.45 Td (line-ups and market-leading broadband speeds. Further extending our competitive advantage, we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 295.25 Td (recently boosted our V) Tj ET Q q 0 0 0 rg BT 159.37 295.25 Td (ive Ms speeds to 80 Mbps \(December 2015\) and top broadband speed to 160 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 282.05 Td (Mbps \(February 2016\). ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 268.85 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 255.65 Td (Rounding out our triple-play products, we added 13,000 video RGUs and lost 4,000 telephony RGUs in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 242.45 Td (2015. On the video front, we added video subscribers for the eleventh year in a row) Tj ET Q q 0 0 0 rg BT 454.30 242.45 Td (. W) Tj ET Q q 0 0 0 rg BT 470.59 242.45 Td (e expanded our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 229.25 Td (HD line-up early in 2015 and in the fourth quarter we selectively introduced our next-generation video-on-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 216.05 Td (demand user interface, which we are targeting to be fully deployed by the middle of 2016. ) Tj ET Q q 0 0 0 rg BT 486.71 216.05 Td (Additionally) Tj ET Q q 0 0 0 rg BT 542.15 216.05 Td (, we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 202.85 Td (will begin rolling out Horizon ) Tj ET Q q 0 0 0 rg BT 189.31 202.85 Td (TV during 2016 and we expect to continue to invest in product innovation to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 189.65 Td (enhance the customer experience. ) Tj ET Q q 0 0 0 rg BT 221.13 189.65 Td (T) Tj ET Q q 0 0 0 rg BT 227.44 189.65 Td (urning to telephony) Tj ET Q q 0 0 0 rg BT 320.19 189.65 Td (, we lost 4,000 RGUs in 2015, reflecting, in part, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 176.45 Td (customer substitution from fixed-line to mobile subscriptions.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 153.25 Td (In ) Tj ET Q q 0 0 0 rg BT 61.51 153.25 Td (the ) Tj ET Q q 0 0 0 rg BT 79.63 153.25 Td (fourth ) Tj ET Q q 0 0 0 rg BT 110.59 153.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 144.84 153.25 Td (, ) Tj ET Q q 0 0 0 rg BT 150.73 153.25 Td (we ) Tj ET Q q 0 0 0 rg BT 167.62 153.25 Td (gained ) Tj ET Q q 0 0 0 rg BT 203.48 153.25 Td (200 ) Tj ET Q q 0 0 0 rg BT 224.67 153.25 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 257.45 153.25 Td (which ) Tj ET Q q 0 0 0 rg BT 288.40 153.25 Td (was ) Tj ET Q q 0 0 0 rg BT 310.80 153.25 Td (a ) Tj ET Q q 0 0 0 rg BT 319.75 153.25 Td (marked ) Tj ET Q q 0 0 0 rg BT 359.26 153.25 Td (improvement ) Tj ET Q q 0 0 0 rg BT 425.67 153.25 Td (to ) Tj ET Q q 0 0 0 rg BT 437.67 153.25 Td (our ) Tj ET Q q 0 0 0 rg BT 456.41 153.25 Td (8,000 ) Tj ET Q q 0 0 0 rg BT 486.77 153.25 Td (RGU ) Tj ET Q q 0 0 0 rg BT 514.04 153.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 536.44 153.25 Td (in ) Tj ET Q q 0 0 0 rg BT 547.83 153.25 Td (Q4 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 140.05 Td (2014. ) Tj ET Q q 0 0 0 rg BT 80.30 140.05 Td (W) Tj ET Q q 0 0 0 rg BT 90.48 140.05 Td (e ) Tj ET Q q 0 0 0 rg BT 99.87 140.05 Td (had ) Tj ET Q q 0 0 0 rg BT 121.50 140.05 Td (a ) Tj ET Q q 0 0 0 rg BT 130.89 140.05 Td (particularly ) Tj ET Q q 0 0 0 rg BT 187.35 140.05 Td (strong ) Tj ET Q q 0 0 0 rg BT 221.19 140.05 Td (fourth ) Tj ET Q q 0 0 0 rg BT 252.59 140.05 Td (quarter ) Tj ET Q q 0 0 0 rg BT 290.72 140.05 Td (in ) Tj ET Q q 0 0 0 rg BT 302.55 140.05 Td (broadband ) Tj ET Q q 0 0 0 rg BT 358.43 140.05 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 412.44 140.05 Td (additions ) Tj ET Q q 0 0 0 rg BT 459.75 140.05 Td (with ) Tj ET Q q 0 0 0 rg BT 482.58 140.05 Td (10,000, ) Tj ET Q q 0 0 0 rg BT 522.55 140.05 Td (our ) Tj ET Q q 0 0 0 rg BT 541.72 140.05 Td (best ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 126.85 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 67.05 126.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 122.54 126.85 Td (result ) Tj ET Q q 0 0 0 rg BT 152.32 126.85 Td (since ) Tj ET Q q 0 0 0 rg BT 180.88 126.85 Td (2007. ) Tj ET Q q 0 0 0 rg BT 211.28 126.85 Td (Contributing ) Tj ET Q q 0 0 0 rg BT 273.48 126.85 Td (to ) Tj ET Q q 0 0 0 rg BT 285.53 126.85 Td (our ) Tj ET Q q 0 0 0 rg BT 304.31 126.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 359.79 126.85 Td (success, ) Tj ET Q q 0 0 0 rg BT 405.46 126.85 Td (we ) Tj ET Q q 0 0 0 rg BT 422.40 126.85 Td (increased ) Tj ET Q q 0 0 0 rg BT 472.98 126.85 Td (speeds ) Tj ET Q q 0 0 0 rg BT 511.33 126.85 Td (across ) Tj ET Q q 0 0 0 rg BT 546.61 126.85 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 113.65 Td (premium-tier ) Tj ET Q q 0 0 0 rg BT 115.06 113.65 Td (bundles ) Tj ET Q q 0 0 0 rg BT 157.42 113.65 Td (during ) Tj ET Q q 0 0 0 rg BT 191.83 113.65 Td (the ) Tj ET Q q 0 0 0 rg BT 210.95 113.65 Td (quarter) Tj ET Q q 0 0 0 rg BT 245.20 113.65 Td (. ) Tj ET Q q 0 0 0 rg BT 252.09 113.65 Td (In ) Tj ET Q q 0 0 0 rg BT 265.09 113.65 Td (terms ) Tj ET Q q 0 0 0 rg BT 296.42 113.65 Td (of ) Tj ET Q q 0 0 0 rg BT 309.43 113.65 Td (video ) Tj ET Q q 0 0 0 rg BT 339.55 113.65 Td (and ) Tj ET Q q 0 0 0 rg BT 361.74 113.65 Td (telephony ) Tj ET Q q 0 0 0 rg BT 413.27 113.65 Td (in ) Tj ET Q q 0 0 0 rg BT 425.67 113.65 Td (Q4, ) Tj ET Q q 0 0 0 rg BT 447.23 113.65 Td (video ) Tj ET Q q 0 0 0 rg BT 477.35 113.65 Td (performance ) Tj ET Q q 0 0 0 rg BT 542.94 113.65 Td (was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 100.45 Td (relatively ) Tj ET Q q 0 0 0 rg BT 94.45 100.45 Td (flat, ) Tj ET Q q 0 0 0 rg BT 113.73 100.45 Td (compared ) Tj ET Q q 0 0 0 rg BT 164.19 100.45 Td (to ) Tj ET Q q 0 0 0 rg BT 174.91 100.45 Td (a ) Tj ET Q q 0 0 0 rg BT 182.57 100.45 Td (gain ) Tj ET Q q 0 0 0 rg BT 204.91 100.45 Td (in ) Tj ET Q q 0 0 0 rg BT 215.02 100.45 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 231.24 100.45 Td (2014, ) Tj ET Q q 0 0 0 rg BT 260.31 100.45 Td (and ) Tj ET Q q 0 0 0 rg BT 280.21 100.45 Td (we ) Tj ET Q q 0 0 0 rg BT 295.82 100.45 Td (lost ) Tj ET Q q 0 0 0 rg BT 314.48 100.45 Td (9,000 ) Tj ET Q q 0 0 0 rg BT 343.55 100.45 Td (telephony ) Tj ET Q q 0 0 0 rg BT 392.81 100.45 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 453.65 100.45 Td (a ) Tj ET Q q 0 0 0 rg BT 461.31 100.45 Td (modest ) Tj ET Q q 0 0 0 rg BT 498.93 100.45 Td (improvement ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 87.25 Td (from ) Tj ET Q q 0 0 0 rg BT 74.56 87.25 Td (the ) Tj ET Q q 0 0 0 rg BT 92.90 87.25 Td (fourth ) Tj ET Q q 0 0 0 rg BT 124.09 87.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 162.00 87.25 Td (of ) Tj ET Q q 0 0 0 rg BT 174.23 87.25 Td (2014. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 60.85 Td (In addition to expanding our fixed-line RGUs, we continued to grow our mobile base in 2015, adding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 47.65 Td (22,000 mobile subscribers during the year) Tj ET Q q 0 0 0 rg BT 253.73 47.65 Td (. ) Tj ET Q q 0 0 0 rg BT 259.64 47.65 Td (This year-over-year increase consisted of a 30,000 postpaid ) Tj ET Q /GS0 gs q 97.40 0 0 47.00 464.55 732.50 cm /I90 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 11.00 Tf ET q 0 0 0 rg BT 49.50 712.00 Td (subscriber gain and a loss of 9,000 prepaid subscribers. During Q4, we lost 2,000 mobile subscribers, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 698.80 Td (bringing our total mobile subscribers at year end to 132,000. ) Tj ET Q q 0 0 0 rg BT 345.25 698.80 Td (The competitive landscape in the second ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 685.60 Td (half of 2015 intensified with the emergence of an aggressive, low-priced competitor) Tj ET Q q 0 0 0 rg BT 452.45 685.60 Td (. W) Tj ET Q q 0 0 0 rg BT 468.75 685.60 Td (e expect that the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 672.40 Td (mobile market will remain highly competitive in 2016.) 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 49.50 659.20 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 49.50 642.40 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 49.50 616.00 Td (For ) Tj ET Q q 0 0 0 rg BT 68.99 616.00 Td (the ) Tj ET Q q 0 0 0 rg BT 87.28 616.00 Td (three ) Tj ET Q q 0 0 0 rg BT 115.34 616.00 Td (months ) Tj ET Q q 0 0 0 rg BT 154.41 616.00 Td (and ) Tj ET Q q 0 0 0 rg BT 175.76 616.00 Td (year ) Tj ET Q q 0 0 0 rg BT 200.15 616.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 233.73 616.00 Td (December ) Tj ET Q q 0 0 0 rg BT 287.47 616.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 305.75 616.00 Td (2015, ) Tj ET Q q 0 0 0 rg BT 336.27 616.00 Td (our ) Tj ET Q q 0 0 0 rg BT 355.16 616.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 397.91 616.00 Td (increased ) Tj ET Q q 0 0 0 rg BT 448.60 616.00 Td (8% ) Tj ET Q q 0 0 0 rg BT 467.49 616.00 Td (to ) Tj ET Q q 0 0 0 rg BT 479.66 616.00 Td (CLP) Tj ET Q q 0 0 0 rg BT 500.86 616.00 Td ( ) Tj ET Q q 0 0 0 rg BT 503.85 616.00 Td (142.4 ) Tj ET Q q 0 0 0 rg BT 534.37 616.00 Td (billion ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 602.80 Td (and ) Tj ET Q q 0 0 0 rg BT 72.01 602.80 Td (7% ) Tj ET Q q 0 0 0 rg BT 92.06 602.80 Td (to ) Tj ET Q q 0 0 0 rg BT 105.38 602.80 Td (CLP) Tj ET Q q 0 0 0 rg BT 126.58 602.80 Td ( ) Tj ET Q q 0 0 0 rg BT 130.74 602.80 Td (547.5 ) Tj ET Q q 0 0 0 rg BT 162.42 602.80 Td (billion, ) Tj ET Q q 0 0 0 rg BT 197.75 602.80 Td (respectively) Tj ET Q q 0 0 0 rg BT 255.01 602.80 Td (, ) Tj ET Q q 0 0 0 rg BT 262.22 602.80 Td (as ) Tj ET Q q 0 0 0 rg BT 277.99 602.80 Td (compared ) Tj ET Q q 0 0 0 rg BT 331.06 602.80 Td (to ) Tj ET Q q 0 0 0 rg BT 344.39 602.80 Td (the ) Tj ET Q q 0 0 0 rg BT 363.83 602.80 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 437.70 602.80 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 488.92 602.80 Td (periods. ) Tj ET Q q 0 0 0 rg BT 531.93 602.80 Td (These ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 589.60 Td (increases ) Tj ET Q q 0 0 0 rg BT 100.90 589.60 Td (were ) Tj ET Q q 0 0 0 rg BT 129.07 589.60 Td (primarily ) Tj ET Q q 0 0 0 rg BT 174.95 589.60 Td (attributable ) Tj ET Q q 0 0 0 rg BT 233.71 589.60 Td (to ) Tj ET Q q 0 0 0 rg BT 247.21 589.60 Td (increases ) Tj ET Q q 0 0 0 rg BT 298.61 589.60 Td (in ) Tj ET Q q 0 0 0 rg BT 311.50 589.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 325.59 589.60 Td (cable ) Tj ET Q q 0 0 0 rg BT 356.22 589.60 Td (subscription ) Tj ET Q q 0 0 0 rg BT 419.24 589.60 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 466.37 589.60 Td (driven ) Tj ET Q q 0 0 0 rg BT 500.66 589.60 Td (by ) Tj ET Q q 0 0 0 rg BT 516.60 589.60 Td (growth ) Tj ET Q q 0 0 0 rg BT 553.94 589.60 Td (in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 576.40 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 107.76 576.40 Td (and ) Tj ET Q q 0 0 0 rg BT 128.12 576.40 Td (increases ) Tj ET Q q 0 0 0 rg BT 177.22 576.40 Td (in ) Tj ET Q q 0 0 0 rg BT 187.39 576.40 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 219.97 576.40 Td (per ) Tj ET Q q 0 0 0 rg BT 237.88 576.40 Td (RGU ) Tj ET Q q 0 0 0 rg BT 264.34 576.40 Td (and ) Tj ET Q q 0 0 0 rg BT 284.71 576.40 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 298.94 576.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 333.35 576.40 Td (subscription ) Tj ET Q q 0 0 0 rg BT 394.06 576.40 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 438.89 576.40 Td (driven ) Tj ET Q q 0 0 0 rg BT 470.86 576.40 Td (by ) Tj ET Q q 0 0 0 rg BT 484.49 576.40 Td (growth ) Tj ET Q q 0 0 0 rg BT 519.52 576.40 Td (in ) Tj ET Q q 0 0 0 rg BT 530.10 576.40 Td (mobile ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 563.20 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 109.96 563.20 Td (and ) Tj ET Q q 0 0 0 rg BT 132.54 563.20 Td (higher ) Tj ET Q q 0 0 0 rg BT 167.34 563.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 203.12 563.20 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 237.91 563.20 Td (resulting ) Tj ET Q q 0 0 0 rg BT 283.71 563.20 Td (from ) Tj ET Q q 0 0 0 rg BT 309.93 563.20 Td (increased ) Tj ET Q q 0 0 0 rg BT 361.84 563.20 Td (proportions ) Tj ET Q q 0 0 0 rg BT 421.10 563.20 Td (of ) Tj ET Q q 0 0 0 rg BT 434.49 563.20 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 480.30 563.20 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 543.55 563.20 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 550.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 92.50 550.00 Td (increase ) Tj ET Q q 0 0 0 rg BT 137.32 550.00 Td (for ) Tj ET Q q 0 0 0 rg BT 153.41 550.00 Td (the ) Tj ET Q q 0 0 0 rg BT 171.95 550.00 Td (year ) Tj ET Q q 0 0 0 rg BT 196.59 550.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 230.43 550.00 Td (December ) Tj ET Q q 0 0 0 rg BT 284.41 550.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 302.95 550.00 Td (2015 ) Tj ET Q q 0 0 0 rg BT 330.67 550.00 Td (was ) Tj ET Q q 0 0 0 rg BT 353.48 550.00 Td (net ) Tj ET Q q 0 0 0 rg BT 372.02 550.00 Td (of ) Tj ET Q q 0 0 0 rg BT 384.44 550.00 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 446.99 550.00 Td (to ) Tj ET Q q 0 0 0 rg BT 459.41 550.00 Td (reflect ) Tj ET Q q 0 0 0 rg BT 492.62 550.00 Td (the ) Tj ET Q q 0 0 0 rg BT 511.15 550.00 Td (retroactive ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 536.80 Td (application ) Tj ET Q q 0 0 0 rg BT 107.59 536.80 Td (of ) Tj ET Q q 0 0 0 rg BT 122.26 536.80 Td (proposed ) Tj ET Q q 0 0 0 rg BT 173.63 536.80 Td (tarif) Tj ET Q q 0 0 0 rg BT 191.77 536.80 Td (f ) Tj ET Q q 0 0 0 rg BT 200.32 536.80 Td (reductions ) Tj ET Q q 0 0 0 rg BT 256.57 536.80 Td (on ) Tj ET Q q 0 0 0 rg BT 274.31 536.80 Td (ancillary ) Tj ET Q q 0 0 0 rg BT 320.15 536.80 Td (services ) Tj ET Q q 0 0 0 rg BT 365.99 536.80 Td (and ) Tj ET Q q 0 0 0 rg BT 389.84 536.80 Td (fixed-line ) Tj ET Q q 0 0 0 rg BT 439.36 536.80 Td (termination ) Tj ET Q q 0 0 0 rg BT 499.28 536.80 Td (rates. ) Tj ET Q q 0 0 0 rg BT 531.93 536.80 Td (These ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 523.60 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 111.86 523.60 Td (reduced ) Tj ET Q q 0 0 0 rg BT 154.67 523.60 Td (our ) Tj ET Q q 0 0 0 rg BT 173.63 523.60 Td (full-year ) Tj ET Q q 0 0 0 rg BT 215.81 523.60 Td (2015 ) Tj ET Q q 0 0 0 rg BT 243.33 523.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 286.14 523.60 Td (by ) Tj ET Q q 0 0 0 rg BT 300.81 523.60 Td (CLP) Tj ET Q q 0 0 0 rg BT 322.01 523.60 Td ( ) Tj ET Q q 0 0 0 rg BT 325.07 523.60 Td (3.1 ) Tj ET Q q 0 0 0 rg BT 343.42 523.60 Td (billion.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 498.40 Td (As ) Tj ET Q q 0 0 0 rg BT 65.77 498.40 Td (compared ) Tj ET Q q 0 0 0 rg BT 118.13 498.40 Td (to ) Tj ET Q q 0 0 0 rg BT 130.74 498.40 Td (the ) Tj ET Q q 0 0 0 rg BT 149.47 498.40 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 222.62 498.40 Td (prior-year ) Tj ET Q q 0 0 0 rg BT 273.12 498.40 Td (periods, ) Tj ET Q q 0 0 0 rg BT 315.69 498.40 Td (our ) Tj ET Q q 0 0 0 rg BT 335.03 498.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 382.50 498.40 Td (OCF ) Tj ET Q q 0 0 0 rg BT 409.15 498.40 Td (remained ) Tj ET Q q 0 0 0 rg BT 458.45 498.40 Td (flat ) Tj ET Q q 0 0 0 rg BT 476.56 498.40 Td (during ) Tj ET Q q 0 0 0 rg BT 510.58 498.40 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 528.69 498.40 Td (at ) Tj ET Q q 0 0 0 rg BT 541.30 498.40 Td (CLP) Tj ET Q q 0 0 0 rg BT 562.50 498.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 485.20 Td (57.2 ) Tj ET Q q 0 0 0 rg BT 74.69 485.20 Td (billion ) Tj ET Q q 0 0 0 rg BT 106.61 485.20 Td (and ) Tj ET Q q 0 0 0 rg BT 128.75 485.20 Td (increased ) Tj ET Q q 0 0 0 rg BT 180.23 485.20 Td (7% ) Tj ET Q q 0 0 0 rg BT 199.91 485.20 Td (to ) Tj ET Q q 0 0 0 rg BT 212.87 485.20 Td (CLP) Tj ET Q q 0 0 0 rg BT 234.07 485.20 Td ( ) Tj ET Q q 0 0 0 rg BT 237.86 485.20 Td (214.4 ) Tj ET Q q 0 0 0 rg BT 269.17 485.20 Td (billion ) Tj ET Q q 0 0 0 rg BT 301.08 485.20 Td (for ) Tj ET Q q 0 0 0 rg BT 317.71 485.20 Td (the ) Tj ET Q q 0 0 0 rg BT 336.78 485.20 Td (year ) Tj ET Q q 0 0 0 rg BT 361.97 485.20 Td (ended ) Tj ET Q q 0 0 0 rg BT 396.34 485.20 Td (December ) Tj ET Q q 0 0 0 rg BT 450.87 485.20 Td (31, ) Tj ET Q q 0 0 0 rg BT 469.95 485.20 Td (2015. ) Tj ET Q q 0 0 0 rg BT 501.26 485.20 Td (Our ) Tj ET Q q 0 0 0 rg BT 523.38 485.20 Td (full-year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 472.00 Td (2015 ) Tj ET Q q 0 0 0 rg BT 78.69 472.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 127.44 472.00 Td (OCF ) Tj ET Q q 0 0 0 rg BT 155.38 472.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 193.12 472.00 Td (was ) Tj ET Q q 0 0 0 rg BT 217.40 472.00 Td (primarily ) Tj ET Q q 0 0 0 rg BT 263.68 472.00 Td (from ) Tj ET Q q 0 0 0 rg BT 290.40 472.00 Td (the ) Tj ET Q q 0 0 0 rg BT 310.41 472.00 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 391.57 472.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 436.05 472.00 Td (drivers, ) Tj ET Q q 0 0 0 rg BT 476.83 472.00 Td (partially ) Tj ET Q q 0 0 0 rg BT 519.45 472.00 Td (of) Tj ET Q q 0 0 0 rg BT 528.43 472.00 Td (fset ) Tj ET Q q 0 0 0 rg BT 550.88 472.00 Td (by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 458.80 Td (increases ) Tj ET Q q 0 0 0 rg BT 98.93 458.80 Td (in ) Tj ET Q q 0 0 0 rg BT 109.84 458.80 Td (programming, ) Tj ET Q q 0 0 0 rg BT 180.05 458.80 Td (network-related ) Tj ET Q q 0 0 0 rg BT 258.21 458.80 Td (and ) Tj ET Q q 0 0 0 rg BT 278.91 458.80 Td (sales ) Tj ET Q q 0 0 0 rg BT 306.94 458.80 Td (and ) Tj ET Q q 0 0 0 rg BT 327.65 458.80 Td (marketing ) Tj ET Q q 0 0 0 rg BT 378.29 458.80 Td (costs. ) Tj ET Q q 0 0 0 rg BT 408.91 458.80 Td (Additionally) Tj ET Q q 0 0 0 rg BT 464.35 458.80 Td (, ) Tj ET Q q 0 0 0 rg BT 469.75 458.80 Td (our ) Tj ET Q q 0 0 0 rg BT 488.00 458.80 Td (rebased ) Tj ET Q q 0 0 0 rg BT 530.10 458.80 Td (results ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 445.60 Td (for ) Tj ET Q q 0 0 0 rg BT 66.99 445.60 Td (both ) Tj ET Q q 0 0 0 rg BT 93.05 445.60 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 112.37 445.60 Td (and ) Tj ET Q q 0 0 0 rg BT 135.37 445.60 Td (the ) Tj ET Q q 0 0 0 rg BT 155.32 445.60 Td (full-year ) Tj ET Q q 0 0 0 rg BT 199.09 445.60 Td (were ) Tj ET Q q 0 0 0 rg BT 227.58 445.60 Td (adversely ) Tj ET Q q 0 0 0 rg BT 279.31 445.60 Td (impacted ) Tj ET Q q 0 0 0 rg BT 328.59 445.60 Td (by ) Tj ET Q q 0 0 0 rg BT 344.86 445.60 Td (the ) Tj ET Q q 0 0 0 rg BT 364.80 445.60 Td (CLP) Tj ET Q q 0 0 0 rg BT 386.00 445.60 Td ( ) Tj ET Q q 0 0 0 rg BT 390.65 445.60 Td (3.4 ) Tj ET Q q 0 0 0 rg BT 410.60 445.60 Td (billion ) Tj ET Q q 0 0 0 rg BT 443.38 445.60 Td (unfavorable ) Tj ET Q q 0 0 0 rg BT 505.51 445.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 542.56 445.60 Td (of ) Tj ET Q q 0 0 0 rg BT 556.39 445.60 Td (a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 432.40 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 114.27 432.40 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 171.09 432.40 Td (recorded ) Tj ET Q q 0 0 0 rg BT 217.52 432.40 Td (in ) Tj ET Q q 0 0 0 rg BT 229.09 432.40 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 246.78 432.40 Td (2014 ) Tj ET Q q 0 0 0 rg BT 274.26 432.40 Td (related ) Tj ET Q q 0 0 0 rg BT 310.91 432.40 Td (to ) Tj ET Q q 0 0 0 rg BT 323.09 432.40 Td (the ) Tj ET Q q 0 0 0 rg BT 341.40 432.40 Td (reassessment ) Tj ET Q q 0 0 0 rg BT 412.88 432.40 Td (of ) Tj ET Q q 0 0 0 rg BT 425.07 432.40 Td (certain ) Tj ET Q q 0 0 0 rg BT 461.10 432.40 Td (accrued ) Tj ET Q q 0 0 0 rg BT 503.24 432.40 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 550.88 432.40 Td (as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 419.20 Td (well ) Tj ET Q q 0 0 0 rg BT 71.61 419.20 Td (as ) Tj ET Q q 0 0 0 rg BT 86.38 419.20 Td (the ) Tj ET Q q 0 0 0 rg BT 104.83 419.20 Td (negative ) Tj ET Q q 0 0 0 rg BT 149.58 419.20 Td (impacts ) Tj ET Q q 0 0 0 rg BT 190.63 419.20 Td (of ) Tj ET Q q 0 0 0 rg BT 202.97 419.20 Td (costs ) Tj ET Q q 0 0 0 rg BT 231.80 419.20 Td (denominated ) Tj ET Q q 0 0 0 rg BT 298.56 419.20 Td (in ) Tj ET Q q 0 0 0 rg BT 310.28 419.20 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 334.83 419.20 Td (dollars. ) Tj ET Q q 0 0 0 rg BT 373.45 419.20 Td (In ) Tj ET Q q 0 0 0 rg BT 385.78 419.20 Td (this ) Tj ET Q q 0 0 0 rg BT 406.05 419.20 Td (regard, ) Tj ET Q q 0 0 0 rg BT 444.06 419.20 Td (the ) Tj ET Q q 0 0 0 rg BT 462.51 419.20 Td (average ) Tj ET Q q 0 0 0 rg BT 505.42 419.20 Td (value ) Tj ET Q q 0 0 0 rg BT 534.88 419.20 Td (of ) Tj ET Q q 0 0 0 rg BT 547.21 419.20 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 406.00 Td (Chilean ) Tj ET Q q 0 0 0 rg BT 90.39 406.00 Td (peso ) Tj ET Q q 0 0 0 rg BT 117.83 406.00 Td (depreciated ) Tj ET Q q 0 0 0 rg BT 178.91 406.00 Td (17% ) Tj ET Q q 0 0 0 rg BT 204.51 406.00 Td (and ) Tj ET Q q 0 0 0 rg BT 226.46 406.00 Td (15% ) Tj ET Q q 0 0 0 rg BT 252.06 406.00 Td (relative ) Tj ET Q q 0 0 0 rg BT 291.11 406.00 Td (to ) Tj ET Q q 0 0 0 rg BT 303.87 406.00 Td (the ) Tj ET Q q 0 0 0 rg BT 322.75 406.00 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 347.73 406.00 Td (dollar ) Tj ET Q q 0 0 0 rg BT 378.23 406.00 Td (during ) Tj ET Q q 0 0 0 rg BT 412.39 406.00 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 430.66 406.00 Td (and ) Tj ET Q q 0 0 0 rg BT 452.60 406.00 Td (year ) Tj ET Q q 0 0 0 rg BT 477.59 406.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 511.76 406.00 Td (December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 392.80 Td (31, ) Tj ET Q q 0 0 0 rg BT 67.91 392.80 Td (2015, ) Tj ET Q q 0 0 0 rg BT 98.56 392.80 Td (respectively) Tj ET Q q 0 0 0 rg BT 155.82 392.80 Td (, ) Tj ET Q q 0 0 0 rg BT 161.99 392.80 Td (as ) Tj ET Q q 0 0 0 rg BT 176.73 392.80 Td (compared ) Tj ET Q q 0 0 0 rg BT 228.76 392.80 Td (to ) Tj ET Q q 0 0 0 rg BT 241.05 392.80 Td (the ) Tj ET Q q 0 0 0 rg BT 259.46 392.80 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 332.29 392.80 Td (periods ) Tj ET Q q 0 0 0 rg BT 371.49 392.80 Td (in ) Tj ET Q q 0 0 0 rg BT 383.17 392.80 Td (2014. ) Tj ET Q q 0 0 0 rg BT 413.82 392.80 Td (W) Tj ET Q q 0 0 0 rg BT 424.00 392.80 Td (e ) Tj ET Q q 0 0 0 rg BT 433.24 392.80 Td (estimate ) Tj ET Q q 0 0 0 rg BT 477.93 392.80 Td (that ) Tj ET Q q 0 0 0 rg BT 499.39 392.80 Td (the ) Tj ET Q q 0 0 0 rg BT 517.80 392.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 553.32 392.80 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 379.60 Td (this ) Tj ET Q q 0 0 0 rg BT 70.01 379.60 Td (non-functional ) Tj ET Q q 0 0 0 rg BT 142.50 379.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 188.07 379.60 Td (spend ) Tj ET Q q 0 0 0 rg BT 221.43 379.60 Td (reduced ) Tj ET Q q 0 0 0 rg BT 264.58 379.60 Td (our ) Tj ET Q q 0 0 0 rg BT 283.87 379.60 Td (Segment ) Tj ET Q q 0 0 0 rg BT 331.28 379.60 Td (OCF ) Tj ET Q q 0 0 0 rg BT 357.89 379.60 Td (by ) Tj ET Q q 0 0 0 rg BT 372.90 379.60 Td (approximately ) Tj ET Q q 0 0 0 rg BT 444.77 379.60 Td (CLP) Tj ET Q q 0 0 0 rg BT 465.97 379.60 Td ( ) Tj ET Q q 0 0 0 rg BT 469.36 379.60 Td (1.7 ) Tj ET Q q 0 0 0 rg BT 488.04 379.60 Td (billion ) Tj ET Q q 0 0 0 rg BT 519.56 379.60 Td (and ) Tj ET Q q 0 0 0 rg BT 541.30 379.60 Td (CLP) Tj ET Q q 0 0 0 rg BT 562.50 379.60 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 366.40 Td (5.5 ) Tj ET Q q 0 0 0 rg BT 67.85 366.40 Td (billion, ) Tj ET Q q 0 0 0 rg BT 102.09 366.40 Td (respectively) Tj ET Q q 0 0 0 rg BT 159.35 366.40 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 341.20 Td (For the year ended December 31, 2015, we reported property and equipment additions of 18% of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 328.00 Td (revenue \(CLP) Tj ET Q q 0 0 0 rg BT 117.17 328.00 Td ( 96.4 billion\), a decrease from 22% \(CLP) Tj ET Q q 0 0 0 rg BT 315.07 328.00 Td ( 1) Tj ET Q q 0 0 0 rg BT 323.43 328.00 Td (1) Tj ET Q q 0 0 0 rg BT 328.73 328.00 Td (1.7 billion\) in the respective prior-year period. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 314.80 Td (Our 2015 result was in-line with our 2015 guidance range of 17% to 19%. Looking ahead to 2016, we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 301.60 Td (expect our property and equipment additions as a percentage of revenue to increase to a range from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 288.40 Td (21% to 23%, mainly as a result of a substantial increase in our new build and upgrade program. In this ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 275.20 Td (regard, we are currently targeting over 125,000 homes to be connected to our networks or to be ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 262.00 Td (upgraded to two-way service in 2016, a near doubling from 2015.) Tj ET Q /GS0 gs q 97.40 0 0 47.00 464.55 732.50 cm /I91 Do Q endstream endobj 73 0 obj <> endobj 74 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 (36) 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 (Summary of ) Tj ET Q q 0 0.30980392156862746 0.6235294117647059 rg BT 128.60 709.85 Td (Third-Party Debt, Capital 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 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 72.88 666.65 Td (following ) Tj ET Q q 0 0 0 rg BT 120.12 666.65 Td (table ) Tj ET Q q 0 0 0 rg BT 148.40 666.65 Td (details ) Tj ET Q q 0 0 0 rg BT 184.62 666.65 Td (the ) Tj ET Q q 0 0 0 rg BT 204.34 666.65 Td (nominal ) Tj ET Q q 0 0 0 rg BT 247.29 666.65 Td (value ) Tj ET Q q 0 0 0 rg BT 278.02 666.65 Td (and ) Tj ET Q q 0 0 0 rg BT 300.80 666.65 Td (Chilean ) Tj ET Q q 0 0 0 rg BT 342.53 666.65 Td (peso ) Tj ET Q q 0 0 0 rg BT 370.82 666.65 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 425.40 666.65 Td (of ) Tj ET Q q 0 0 0 rg BT 439.00 666.65 Td (the ) Tj ET Q q 0 0 0 rg BT 458.72 666.65 Td (carrying ) Tj ET Q q 0 0 0 rg BT 502.27 666.65 Td (value ) Tj ET Q q 0 0 0 rg BT 533.00 666.65 Td (of ) Tj ET Q q 0 0 0 rg BT 546.60 666.65 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 653.45 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 115.89 653.45 Td (third-party ) Tj ET Q q 0 0 0 rg BT 170.03 653.45 Td (debt, ) Tj ET Q q 0 0 0 rg BT 199.12 653.45 Td (capital ) Tj ET Q q 0 0 0 rg BT 235.54 653.45 Td (lease ) Tj ET Q q 0 0 0 rg BT 266.47 653.45 Td (obligations ) Tj ET Q q 0 0 0 rg BT 323.68 653.45 Td (and ) Tj ET Q q 0 0 0 rg BT 346.66 653.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 374.52 653.45 Td (and ) Tj ET Q q 0 0 0 rg BT 397.50 653.45 Td (cash ) Tj ET Q q 0 0 0 rg BT 425.36 653.45 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 485.63 653.45 Td (as ) Tj ET Q q 0 0 0 rg BT 501.88 653.45 Td (of ) Tj ET Q q 0 0 0 rg BT 515.67 653.45 Td (the ) Tj ET Q q 0 0 0 rg BT 535.59 653.45 Td (dates ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 640.25 Td (indicated:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333 599.75 m 407 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 599.75 m 411 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 599.75 m 485 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 599.75 m 563 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 599.75 m 485 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333 577.75 m 407 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 577.75 m 485 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 577.75 m 563 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 502.75 m 563 502.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 502.75 m 485 502.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 502.75 m 563 502.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 468.75 m 485 468.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 468.75 m 563 468.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 454.75 m 485 454.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 452.75 m 485 452.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 454.75 m 563 454.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 452.75 m 563 452.75 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.20 619.15 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.70 619.15 Td (September 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.45 604.15 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.45 604.15 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.70 590.75 Td (Nominal) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 428.95 590.75 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.95 590.75 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 357.70 579.75 Td (Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.70 579.75 Td (Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.70 579.75 Td (Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 347.20 568.75 Td (in millions) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.30 568.75 Td (CLP in billions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 552.37 Td (6.875% USD Senior Secured Notes due 2024) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.25 551.97 Td (..........................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.50 552.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.75 552.37 Td (1,400.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.10 552.37 Td (992.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 552.37 Td (975.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 537.37 Td (VTR USD Credit Facility due 2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 207.25 536.97 Td (............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.50 537.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.10 537.37 Td (160.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.15 537.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 537.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 522.37 Td (VTR CLP Credit Facility due 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 204.45 521.97 Td (.............................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.50 522.37 Td (CLP 22,000.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.15 522.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.15 522.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 507.37 Td (Capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 164.55 506.97 Td (......................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.20 507.37 Td (0.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.20 507.37 Td (0.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 64.50 492.37 Td (Total third-party debt and capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.80 491.97 Td (..........................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.10 492.37 Td (992.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 492.37 Td (975.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 473.37 Td (Less: cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 200.65 472.97 Td (.........................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.65 473.37 Td (89.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 473.37 Td (61.4) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 64.50 458.37 Td (Net 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 296.20 463.14 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.25 457.97 Td (...................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.10 458.37 Td (902.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 458.37 Td (914.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 439.37 Td (Exchange rate \(CLP to $\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 167.30 438.97 Td (.....................................................................................) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.10 439.37 Td (708.6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.10 439.37 Td (697.0) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 410.05 Td (At ) Tj ET Q q 0 0 0 rg BT 63.64 410.05 Td (December ) Tj ET Q q 0 0 0 rg BT 118.12 410.05 Td (31, ) Tj ET Q q 0 0 0 rg BT 137.16 410.05 Td (2015, ) Tj ET Q q 0 0 0 rg BT 168.43 410.05 Td (the ) Tj ET Q q 0 0 0 rg BT 187.46 410.05 Td (average ) Tj ET Q q 0 0 0 rg BT 230.96 410.05 Td (tenor ) Tj ET Q q 0 0 0 rg BT 259.78 410.05 Td (of ) Tj ET Q q 0 0 0 rg BT 272.69 410.05 Td (our ) Tj ET Q q 0 0 0 rg BT 292.34 410.05 Td (third-party ) Tj ET Q q 0 0 0 rg BT 345.60 410.05 Td (debt ) Tj ET Q q 0 0 0 rg BT 370.75 410.05 Td (was ) Tj ET Q q 0 0 0 rg BT 394.06 410.05 Td (approximately ) Tj ET Q q 0 0 0 rg BT 466.28 410.05 Td (eight ) Tj ET Q q 0 0 0 rg BT 493.87 410.05 Td (years ) Tj ET Q q 0 0 0 rg BT 524.52 410.05 Td (and ) Tj ET Q q 0 0 0 rg BT 546.61 410.05 Td (our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 396.85 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 119.78 396.85 Td (third-party ) Tj ET Q q 0 0 0 rg BT 172.33 396.85 Td (debt ) Tj ET Q q 0 0 0 rg BT 196.77 396.85 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 248.10 396.85 Td (cost ) Tj ET Q q 0 0 0 rg BT 271.30 396.85 Td (was ) Tj ET Q q 0 0 0 rg BT 293.89 396.85 Td (6.5%, ) Tj ET Q q 0 0 0 rg BT 325.04 396.85 Td (a ) Tj ET Q q 0 0 0 rg BT 334.19 396.85 Td (decrease ) Tj ET Q q 0 0 0 rg BT 382.47 396.85 Td (from ) Tj ET Q q 0 0 0 rg BT 407.50 396.85 Td (our ) Tj ET Q q 0 0 0 rg BT 426.42 396.85 Td (approximate ) Tj ET Q q 0 0 0 rg BT 489.98 396.85 Td (1) Tj ET Q q 0 0 0 rg BT 495.28 396.85 Td (1% ) Tj ET Q q 0 0 0 rg BT 514.21 396.85 Td (borrowing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 383.65 Td (cost ) Tj ET Q q 0 0 0 rg BT 72.42 383.65 Td (at ) Tj ET Q q 0 0 0 rg BT 84.34 383.65 Td (December ) Tj ET Q q 0 0 0 rg BT 137.82 383.65 Td (31, ) Tj ET Q q 0 0 0 rg BT 155.86 383.65 Td (2014. ) Tj ET Q q 0 0 0 rg BT 185.95 383.65 Td (This ) Tj ET Q q 0 0 0 rg BT 209.47 383.65 Td (significant ) Tj ET Q q 0 0 0 rg BT 261.13 383.65 Td (reduction ) Tj ET Q q 0 0 0 rg BT 309.13 383.65 Td (reflects ) Tj ET Q q 0 0 0 rg BT 347.33 383.65 Td (the ) Tj ET Q q 0 0 0 rg BT 365.36 383.65 Td (impact ) Tj ET Q q 0 0 0 rg BT 400.51 383.65 Td (of ) Tj ET Q q 0 0 0 rg BT 412.42 383.65 Td (a ) Tj ET Q q 0 0 0 rg BT 421.29 383.65 Td (series ) Tj ET Q q 0 0 0 rg BT 453.37 383.65 Td (of ) Tj ET Q q 0 0 0 rg BT 465.29 383.65 Td (transactions ) Tj ET Q q 0 0 0 rg BT 527.34 383.65 Td (that ) Tj ET Q q 0 0 0 rg BT 548.43 383.65 Td (we ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 370.45 Td (undertook ) Tj ET Q q 0 0 0 rg BT 101.29 370.45 Td (relating ) Tj ET Q q 0 0 0 rg BT 140.24 370.45 Td (to ) Tj ET Q q 0 0 0 rg BT 152.28 370.45 Td (re-strikes ) Tj ET Q q 0 0 0 rg BT 200.37 370.45 Td (of ) Tj ET Q q 0 0 0 rg BT 212.41 370.45 Td (our ) Tj ET Q q 0 0 0 rg BT 231.17 370.45 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 286.62 370.45 Td (associated ) Tj ET Q q 0 0 0 rg BT 342.07 370.45 Td (with ) Tj ET Q q 0 0 0 rg BT 364.50 370.45 Td (the ) Tj ET Q q 0 0 0 rg BT 382.66 370.45 Td ($1.4 ) Tj ET Q q 0 0 0 rg BT 406.94 370.45 Td (billion ) Tj ET Q q 0 0 0 rg BT 437.93 370.45 Td (\(CLP) Tj ET Q q 0 0 0 rg BT 462.79 370.45 Td ( ) Tj ET Q q 0 0 0 rg BT 465.66 370.45 Td (992 ) Tj ET Q q 0 0 0 rg BT 486.88 370.45 Td (billion\) ) Tj ET Q q 0 0 0 rg BT 521.54 370.45 Td (principal ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 357.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 88.39 357.25 Td (of ) Tj ET Q q 0 0 0 rg BT 99.76 357.25 Td (our ) Tj ET Q q 0 0 0 rg BT 117.85 357.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 150.01 357.25 Td (secured ) Tj ET Q q 0 0 0 rg BT 191.34 357.25 Td (notes. ) Tj ET Q q 0 0 0 rg BT 223.50 357.25 Td (In ) Tj ET Q q 0 0 0 rg BT 234.87 357.25 Td (addition ) Tj ET Q q 0 0 0 rg BT 275.60 357.25 Td (to ) Tj ET Q q 0 0 0 rg BT 286.97 357.25 Td (the ) Tj ET Q q 0 0 0 rg BT 304.46 357.25 Td (re-strikes ) Tj ET Q q 0 0 0 rg BT 351.88 357.25 Td (in ) Tj ET Q q 0 0 0 rg BT 362.64 357.25 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 379.51 357.25 Td (\(as ) Tj ET Q q 0 0 0 rg BT 396.99 357.25 Td (previously ) Tj ET Q q 0 0 0 rg BT 448.71 357.25 Td (disclosed\), ) Tj ET Q q 0 0 0 rg BT 503.48 357.25 Td (we ) Tj ET Q q 0 0 0 rg BT 519.74 357.25 Td (re-struck ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 344.05 Td (the ) Tj ET Q q 0 0 0 rg BT 67.91 344.05 Td (remaining ) Tj ET Q q 0 0 0 rg BT 119.34 344.05 Td (amount ) Tj ET Q q 0 0 0 rg BT 159.15 344.05 Td (of ) Tj ET Q q 0 0 0 rg BT 171.44 344.05 Td (our ) Tj ET Q q 0 0 0 rg BT 190.46 344.05 Td (legacy ) Tj ET Q q 0 0 0 rg BT 225.38 344.05 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 281.08 344.05 Td (in ) Tj ET Q q 0 0 0 rg BT 292.76 344.05 Td (Q4. ) Tj ET Q q 0 0 0 rg BT 313.00 344.05 Td (As ) Tj ET Q q 0 0 0 rg BT 328.96 344.05 Td (a ) Tj ET Q q 0 0 0 rg BT 338.19 344.05 Td (result, ) Tj ET Q q 0 0 0 rg BT 371.27 344.05 Td (we ) Tj ET Q q 0 0 0 rg BT 388.45 344.05 Td (were ) Tj ET Q q 0 0 0 rg BT 415.42 344.05 Td (able ) Tj ET Q q 0 0 0 rg BT 439.34 344.05 Td (to ) Tj ET Q q 0 0 0 rg BT 451.63 344.05 Td (further ) Tj ET Q q 0 0 0 rg BT 486.54 344.05 Td (reduce ) Tj ET Q q 0 0 0 rg BT 523.30 344.05 Td (our ) Tj ET Q q 0 0 0 rg BT 542.32 344.05 Td (cost ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 330.85 Td (of ) Tj ET Q q 0 0 0 rg BT 61.22 330.85 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 112.07 330.85 Td (to ) Tj ET Q q 0 0 0 rg BT 123.79 330.85 Td (under ) Tj ET Q q 0 0 0 rg BT 154.47 330.85 Td (7%, ) Tj ET Q q 0 0 0 rg BT 175.98 330.85 Td (further ) Tj ET Q q 0 0 0 rg BT 210.31 330.85 Td (supporting ) Tj ET Q q 0 0 0 rg BT 264.23 330.85 Td (our ) Tj ET Q q 0 0 0 rg BT 282.68 330.85 Td (free ) Tj ET Q q 0 0 0 rg BT 304.18 330.85 Td (cash ) Tj ET Q q 0 0 0 rg BT 329.96 330.85 Td (flow ) Tj ET Q q 0 0 0 rg BT 352.07 330.85 Td (profile ) Tj ET Q q 0 0 0 rg BT 384.58 330.85 Td (over ) Tj ET Q q 0 0 0 rg BT 408.52 330.85 Td (the ) Tj ET Q q 0 0 0 rg BT 426.36 330.85 Td (life ) Tj ET Q q 0 0 0 rg BT 442.97 330.85 Td (of ) Tj ET Q q 0 0 0 rg BT 454.69 330.85 Td (the ) Tj ET Q q 0 0 0 rg BT 472.53 330.85 Td (derivatives ) Tj ET Q q 0 0 0 rg BT 527.66 330.85 Td (\(2022\). ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 317.65 Td (Additionally) Tj ET Q q 0 0 0 rg BT 104.94 317.65 Td (, ) Tj ET Q q 0 0 0 rg BT 111.29 317.65 Td (as ) Tj ET Q q 0 0 0 rg BT 126.21 317.65 Td (a ) Tj ET Q q 0 0 0 rg BT 135.62 317.65 Td (consequence ) Tj ET Q q 0 0 0 rg BT 204.36 317.65 Td (of ) Tj ET Q q 0 0 0 rg BT 216.83 317.65 Td (the ) Tj ET Q q 0 0 0 rg BT 235.42 317.65 Td (re-strikes, ) Tj ET Q q 0 0 0 rg BT 286.99 317.65 Td (the ) Tj ET Q q 0 0 0 rg BT 305.58 317.65 Td (notional ) Tj ET Q q 0 0 0 rg BT 347.41 317.65 Td (amount ) Tj ET Q q 0 0 0 rg BT 387.40 317.65 Td (of ) Tj ET Q q 0 0 0 rg BT 399.87 317.65 Td (our ) Tj ET Q q 0 0 0 rg BT 419.06 317.65 Td (leverage ) Tj ET Q q 0 0 0 rg BT 464.55 317.65 Td (on ) Tj ET Q q 0 0 0 rg BT 480.09 317.65 Td (a ) Tj ET Q q 0 0 0 rg BT 489.50 317.65 Td (swapped ) Tj ET Q q 0 0 0 rg BT 536.83 317.65 Td (basis ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 304.45 Td (increased ) Tj ET Q q 0 0 0 rg BT 100.36 304.45 Td (from ) Tj ET Q q 0 0 0 rg BT 125.53 304.45 Td (CLP) Tj ET Q q 0 0 0 rg BT 146.73 304.45 Td ( ) Tj ET Q q 0 0 0 rg BT 149.90 304.45 Td (760 ) Tj ET Q q 0 0 0 rg BT 171.42 304.45 Td (billion ) Tj ET Q q 0 0 0 rg BT 202.72 304.45 Td (to ) Tj ET Q q 0 0 0 rg BT 215.06 304.45 Td (CLP) Tj ET Q q 0 0 0 rg BT 236.26 304.45 Td ( ) Tj ET Q q 0 0 0 rg BT 239.43 304.45 Td (951 ) Tj ET Q q 0 0 0 rg BT 260.95 304.45 Td (billion, ) Tj ET Q q 0 0 0 rg BT 295.30 304.45 Td (equating ) Tj ET Q q 0 0 0 rg BT 340.67 304.45 Td (to ) Tj ET Q q 0 0 0 rg BT 353.02 304.45 Td (an ) Tj ET Q q 0 0 0 rg BT 368.42 304.45 Td (ef) Tj ET Q q 0 0 0 rg BT 377.39 304.45 Td (fective ) Tj ET Q q 0 0 0 rg BT 412.35 304.45 Td (swapped ) Tj ET Q q 0 0 0 rg BT 459.55 304.45 Td (rate ) Tj ET Q q 0 0 0 rg BT 481.68 304.45 Td (of ) Tj ET Q q 0 0 0 rg BT 494.02 304.45 Td (approximately ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 291.25 Td (CLP) Tj ET Q q 0 0 0 rg BT 70.70 291.25 Td ( ) Tj ET Q q 0 0 0 rg BT 73.76 291.25 Td (680 ) Tj ET Q q 0 0 0 rg BT 95.17 291.25 Td (per ) Tj ET Q q 0 0 0 rg BT 114.12 291.25 Td (one ) Tj ET Q q 0 0 0 rg BT 135.53 291.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 159.98 291.25 Td (Dollar) Tj ET Q q 0 0 0 rg BT 188.10 291.25 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 266.05 Td (Based on the results for Q4 2015, and subject to the completion of our Q4 2015 compliance reporting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 252.85 Td (requirements, our consolidated net leverage ratio was 3.8x, calculated in accordance with the indenture ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 239.65 Td (governing the senior secured notes. Our net leverage ratio decreased modestly from Q3, but reflects an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 226.45 Td (increase from the year-end 2014 ratio of 3.3x, as a result of the re-strikes noted above. ) Tj ET Q q 0 0 0 rg BT 473.84 226.45 Td (As of December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 213.25 Td (31, 2015, we had maximum undrawn commitments of $160 million \(CLP) Tj ET Q q 0 0 0 rg BT 400.24 213.25 Td ( 1) Tj ET Q q 0 0 0 rg BT 408.60 213.25 Td (13 billion\) and CLP) Tj ET Q q 0 0 0 rg BT 501.34 213.25 Td ( 22 billion. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 200.05 Td (When the December 31, 2015 compliance reporting requirements are completed, we anticipate the full ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 186.85 Td (amount of our unused commitments will continue to be available to be drawn.) Tj ET Q /GS0 gs q 97.40 0 0 47.00 464.55 732.50 cm /I92 Do Q endstream endobj 75 0 obj <> endobj 76 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 (37) 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 0 0 rg BT 440.87 685.85 Td (Securities ) Tj ET Q q 0 0 0 rg BT 487.23 685.85 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 529.72 685.85 Td (Reform ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 673.85 Td (Act ) Tj ET Q q 0 0 0 rg BT 65.96 673.85 Td (of ) Tj ET Q q 0 0 0 rg BT 76.31 673.85 Td (1995, ) Tj ET Q q 0 0 0 rg BT 103.35 673.85 Td (including ) Tj ET Q q 0 0 0 rg BT 144.83 673.85 Td (statements ) Tj ET Q q 0 0 0 rg BT 195.75 673.85 Td (with ) Tj ET Q q 0 0 0 rg BT 215.55 673.85 Td (respect ) Tj ET Q q 0 0 0 rg BT 250.35 673.85 Td (to ) Tj ET Q q 0 0 0 rg BT 260.71 673.85 Td (our ) Tj ET Q q 0 0 0 rg BT 277.17 673.85 Td (strategies, ) Tj ET Q q 0 0 0 rg BT 325.32 673.85 Td (future ) Tj ET Q q 0 0 0 rg BT 352.90 673.85 Td (growth ) Tj ET Q q 0 0 0 rg BT 384.92 673.85 Td (prospects ) Tj ET Q q 0 0 0 rg BT 430.29 673.85 Td (and ) Tj ET Q q 0 0 0 rg BT 448.99 673.85 Td (opportunities ) Tj ET Q q 0 0 0 rg BT 508.26 673.85 Td (\(in ) Tj ET Q q 0 0 0 rg BT 521.38 673.85 Td (particular ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 661.85 Td (with ) Tj ET Q q 0 0 0 rg BT 70.65 661.85 Td (respect ) Tj ET Q q 0 0 0 rg BT 106.80 661.85 Td (to ) Tj ET Q q 0 0 0 rg BT 118.50 661.85 Td (upselling ) Tj ET Q q 0 0 0 rg BT 161.34 661.85 Td (and ) Tj ET Q q 0 0 0 rg BT 181.39 661.85 Td (bundling ) Tj ET Q q 0 0 0 rg BT 222.56 661.85 Td (of ) Tj ET Q q 0 0 0 rg BT 234.27 661.85 Td (products\); ) Tj ET Q q 0 0 0 rg BT 282.09 661.85 Td (property ) Tj ET Q q 0 0 0 rg BT 322.14 661.85 Td (and ) Tj ET Q q 0 0 0 rg BT 342.19 661.85 Td (equipment ) Tj ET Q q 0 0 0 rg BT 392.25 661.85 Td (additions ) Tj ET Q q 0 0 0 rg BT 435.64 661.85 Td (as ) Tj ET Q q 0 0 0 rg BT 449.56 661.85 Td (a ) Tj ET Q q 0 0 0 rg BT 458.49 661.85 Td (percentage ) Tj ET Q q 0 0 0 rg BT 511.89 661.85 Td (of ) Tj ET Q q 0 0 0 rg BT 523.59 661.85 Td (revenue; ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 649.85 Td (implementation ) Tj ET Q q 0 0 0 rg BT 119.61 649.85 Td (of ) Tj ET Q q 0 0 0 rg BT 130.24 649.85 Td (price ) Tj ET Q q 0 0 0 rg BT 154.21 649.85 Td (increases ) Tj ET Q q 0 0 0 rg BT 199.31 649.85 Td (and ) Tj ET Q q 0 0 0 rg BT 218.29 649.85 Td (expected ) Tj ET Q q 0 0 0 rg BT 261.17 649.85 Td (impact ) Tj ET Q q 0 0 0 rg BT 292.92 649.85 Td (thereof; ) Tj ET Q q 0 0 0 rg BT 329.12 649.85 Td (the ) Tj ET Q q 0 0 0 rg BT 345.32 649.85 Td (development, ) Tj ET Q q 0 0 0 rg BT 407.65 649.85 Td (enhancement ) Tj ET Q q 0 0 0 rg BT 470.55 649.85 Td (and ) Tj ET Q q 0 0 0 rg BT 489.53 649.85 Td (expansion ) Tj ET Q q 0 0 0 rg BT 537.42 649.85 Td (of ) Tj ET Q q 0 0 0 rg BT 548.05 649.85 Td (our ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 637.85 Td (superior ) Tj ET Q q 0 0 0 rg BT 88.95 637.85 Td (networks ) Tj ET Q q 0 0 0 rg BT 132.29 637.85 Td (and ) Tj ET Q q 0 0 0 rg BT 152.31 637.85 Td (innovative ) Tj ET Q q 0 0 0 rg BT 200.66 637.85 Td (and ) Tj ET Q q 0 0 0 rg BT 220.67 637.85 Td (advanced ) Tj ET Q q 0 0 0 rg BT 267.37 637.85 Td (products ) Tj ET Q q 0 0 0 rg BT 309.05 637.85 Td (and ) Tj ET Q q 0 0 0 rg BT 329.06 637.85 Td (services, ) Tj ET Q q 0 0 0 rg BT 371.84 637.85 Td (including ) Tj ET Q q 0 0 0 rg BT 414.64 637.85 Td (higher ) Tj ET Q q 0 0 0 rg BT 445.76 637.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 496.91 637.85 Td (speed ) Tj ET Q q 0 0 0 rg BT 527.48 637.85 Td (rollouts, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 625.85 Td (expansion ) Tj ET Q q 0 0 0 rg BT 98.08 625.85 Td (and ) Tj ET Q q 0 0 0 rg BT 117.76 625.85 Td (launches ) Tj ET Q q 0 0 0 rg BT 160.79 625.85 Td (of ) Tj ET Q q 0 0 0 rg BT 172.12 625.85 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 244.61 625.85 Td (video ) Tj ET Q q 0 0 0 rg BT 271.51 625.85 Td (services ) Tj ET Q q 0 0 0 rg BT 311.18 625.85 Td (and ) Tj ET Q q 0 0 0 rg BT 330.86 625.85 Td (new ) Tj ET Q q 0 0 0 rg BT 352.19 625.85 Td (channels; ) Tj ET Q q 0 0 0 rg BT 398.00 625.85 Td (our ) Tj ET Q q 0 0 0 rg BT 415.44 625.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 447.90 625.85 Td (and ) Tj ET Q q 0 0 0 rg BT 467.57 625.85 Td (B2B ) Tj ET Q q 0 0 0 rg BT 489.47 625.85 Td (strategies; ) Tj ET Q q 0 0 0 rg BT 538.60 625.85 Td (plans ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 613.85 Td (and ) Tj ET Q q 0 0 0 rg BT 68.96 613.85 Td (expectations ) Tj ET Q q 0 0 0 rg BT 127.88 613.85 Td (relating ) Tj ET Q q 0 0 0 rg BT 163.45 613.85 Td (to ) Tj ET Q q 0 0 0 rg BT 174.56 613.85 Td (new ) Tj ET Q q 0 0 0 rg BT 195.68 613.85 Td (build ) Tj ET Q q 0 0 0 rg BT 219.58 613.85 Td (and ) Tj ET Q q 0 0 0 rg BT 239.04 613.85 Td (network ) Tj ET Q q 0 0 0 rg BT 276.83 613.85 Td (extension ) Tj ET Q q 0 0 0 rg BT 322.41 613.85 Td (opportunities, ) Tj ET Q q 0 0 0 rg BT 385.22 613.85 Td (including ) Tj ET Q q 0 0 0 rg BT 427.46 613.85 Td (estimated ) Tj ET Q q 0 0 0 rg BT 473.59 613.85 Td (number ) Tj ET Q q 0 0 0 rg BT 510.27 613.85 Td (of ) Tj ET Q q 0 0 0 rg BT 521.38 613.85 Td (homes ) Tj ET Q q 0 0 0 rg BT 554.17 613.85 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 601.85 Td (be ) Tj ET Q q 0 0 0 rg BT 63.26 601.85 Td (built ) Tj ET Q q 0 0 0 rg BT 84.25 601.85 Td (out ) Tj ET Q q 0 0 0 rg BT 100.79 601.85 Td (and ) Tj ET Q q 0 0 0 rg BT 120.11 601.85 Td (the ) Tj ET Q q 0 0 0 rg BT 136.65 601.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 162.63 601.85 Td (associated ) Tj ET Q q 0 0 0 rg BT 213.07 601.85 Td (therewith; ) Tj ET Q q 0 0 0 rg BT 259.07 601.85 Td (the ) Tj ET Q q 0 0 0 rg BT 275.61 601.85 Td (strength ) Tj ET Q q 0 0 0 rg BT 314.38 601.85 Td (of ) Tj ET Q q 0 0 0 rg BT 325.36 601.85 Td (our ) Tj ET Q q 0 0 0 rg BT 342.45 601.85 Td (operating ) Tj ET Q q 0 0 0 rg BT 386.79 601.85 Td (companies) Tj ET Q q 0 0 0 rg BT 437.00 601.85 Td ( ) Tj ET Q q 0 0 0 rg BT 439.63 601.85 Td (balance ) Tj ET Q q 0 0 0 rg BT 477.30 601.85 Td (sheets ) Tj ET Q q 0 0 0 rg BT 509.40 601.85 Td (and ) Tj ET Q q 0 0 0 rg BT 528.73 601.85 Td (tenor ) Tj ET Q q 0 0 0 rg BT 554.16 601.85 Td (of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 589.85 Td (their ) Tj ET Q q 0 0 0 rg BT 72.80 589.85 Td (third-party ) Tj ET Q q 0 0 0 rg BT 121.66 589.85 Td (debt; ) Tj ET Q q 0 0 0 rg BT 147.75 589.85 Td (plans ) Tj ET Q q 0 0 0 rg BT 175.50 589.85 Td (and ) Tj ET Q q 0 0 0 rg BT 196.03 589.85 Td (impacts ) Tj ET Q q 0 0 0 rg BT 234.33 589.85 Td (of ) Tj ET Q q 0 0 0 rg BT 246.52 589.85 Td (reorganizations ) Tj ET Q q 0 0 0 rg BT 318.74 589.85 Td (and ) Tj ET Q q 0 0 0 rg BT 339.27 589.85 Td (integrations, ) Tj ET Q q 0 0 0 rg BT 397.59 589.85 Td (including ) Tj ET Q q 0 0 0 rg BT 440.91 589.85 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 469.77 589.85 Td (synergies; ) Tj ET Q q 0 0 0 rg BT 519.19 589.85 Td (and ) Tj ET Q q 0 0 0 rg BT 539.72 589.85 Td (other ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 577.85 Td (information ) Tj ET Q q 0 0 0 rg BT 102.63 577.85 Td (and ) Tj ET Q q 0 0 0 rg BT 122.99 577.85 Td (statements ) Tj ET Q q 0 0 0 rg BT 175.56 577.85 Td (that ) Tj ET Q q 0 0 0 rg BT 195.91 577.85 Td (are ) Tj ET Q q 0 0 0 rg BT 214.03 577.85 Td (not ) Tj ET Q q 0 0 0 rg BT 231.60 577.85 Td (historical ) Tj ET Q q 0 0 0 rg BT 274.72 577.85 Td (fact. ) Tj ET Q q 0 0 0 rg BT 297.05 577.85 Td (These ) Tj ET Q q 0 0 0 rg BT 328.51 577.85 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 400.54 577.85 Td (statements ) Tj ET Q q 0 0 0 rg BT 453.12 577.85 Td (involve ) Tj ET Q q 0 0 0 rg BT 487.91 577.85 Td (certain ) Tj ET Q q 0 0 0 rg BT 521.60 577.85 Td (risks ) Tj ET Q q 0 0 0 rg BT 545.81 577.85 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 565.85 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 108.81 565.85 Td (that ) Tj ET Q q 0 0 0 rg BT 128.11 565.85 Td (could ) Tj ET Q q 0 0 0 rg BT 154.63 565.85 Td (cause ) Tj ET Q q 0 0 0 rg BT 183.93 565.85 Td (actual ) Tj ET Q q 0 0 0 rg BT 213.23 565.85 Td (results ) Tj ET Q q 0 0 0 rg BT 245.29 565.85 Td (to ) Tj ET Q q 0 0 0 rg BT 256.25 565.85 Td (dif) Tj ET Q q 0 0 0 rg BT 266.63 565.85 Td (fer ) Tj ET Q q 0 0 0 rg BT 280.91 565.85 Td (materially ) Tj ET Q q 0 0 0 rg BT 326.31 565.85 Td (from ) Tj ET Q q 0 0 0 rg BT 348.93 565.85 Td (those ) Tj ET Q q 0 0 0 rg BT 376.01 565.85 Td (expressed ) Tj ET Q q 0 0 0 rg BT 424.76 565.85 Td (or ) Tj ET Q q 0 0 0 rg BT 436.26 565.85 Td (implied ) Tj ET Q q 0 0 0 rg BT 470.56 565.85 Td (by ) Tj ET Q q 0 0 0 rg BT 483.73 565.85 Td (these ) Tj ET Q q 0 0 0 rg BT 510.81 565.85 Td (statements. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 553.85 Td (These ) Tj ET Q q 0 0 0 rg BT 79.96 553.85 Td (risks ) Tj ET Q q 0 0 0 rg BT 103.19 553.85 Td (and ) Tj ET Q q 0 0 0 rg BT 122.54 553.85 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 181.91 553.85 Td (include ) Tj ET Q q 0 0 0 rg BT 216.27 553.85 Td (the ) Tj ET Q q 0 0 0 rg BT 232.85 553.85 Td (continued ) Tj ET Q q 0 0 0 rg BT 278.89 553.85 Td (use ) Tj ET Q q 0 0 0 rg BT 297.68 553.85 Td (by ) Tj ET Q q 0 0 0 rg BT 310.92 553.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 364.71 553.85 Td (and ) Tj ET Q q 0 0 0 rg BT 384.07 553.85 Td (potential ) Tj ET Q q 0 0 0 rg BT 424.55 553.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 478.35 553.85 Td (of ) Tj ET Q q 0 0 0 rg BT 489.36 553.85 Td (our ) Tj ET Q q 0 0 0 rg BT 506.48 553.85 Td (services ) Tj ET Q q 0 0 0 rg BT 545.83 553.85 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 541.85 Td (their ) Tj ET Q q 0 0 0 rg BT 70.92 541.85 Td (willingness ) Tj ET Q q 0 0 0 rg BT 121.24 541.85 Td (to ) Tj ET Q q 0 0 0 rg BT 131.55 541.85 Td (upgrade ) Tj ET Q q 0 0 0 rg BT 170.22 541.85 Td (to ) Tj ET Q q 0 0 0 rg BT 180.53 541.85 Td (our ) Tj ET Q q 0 0 0 rg BT 196.95 541.85 Td (more ) Tj ET Q q 0 0 0 rg BT 221.70 541.85 Td (advanced ) Tj ET Q q 0 0 0 rg BT 267.04 541.85 Td (of) Tj ET Q q 0 0 0 rg BT 275.20 541.85 Td (ferings; ) Tj ET Q q 0 0 0 rg BT 309.96 541.85 Td (our ) Tj ET Q q 0 0 0 rg BT 326.38 541.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 353.91 541.85 Td (to ) Tj ET Q q 0 0 0 rg BT 364.22 541.85 Td (meet ) Tj ET Q q 0 0 0 rg BT 388.42 541.85 Td (challenges ) Tj ET Q q 0 0 0 rg BT 438.20 541.85 Td (from ) Tj ET Q q 0 0 0 rg BT 460.17 541.85 Td (competition, ) Tj ET Q q 0 0 0 rg BT 516.06 541.85 Td (to ) Tj ET Q q 0 0 0 rg BT 526.36 541.85 Td (manage ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 529.85 Td (rapid ) Tj ET Q q 0 0 0 rg BT 74.76 529.85 Td (technological ) Tj ET Q q 0 0 0 rg BT 136.16 529.85 Td (change ) Tj ET Q q 0 0 0 rg BT 171.99 529.85 Td (or ) Tj ET Q q 0 0 0 rg BT 183.90 529.85 Td (to ) Tj ET Q q 0 0 0 rg BT 195.26 529.85 Td (maintain ) Tj ET Q q 0 0 0 rg BT 236.08 529.85 Td (or ) Tj ET Q q 0 0 0 rg BT 248.00 529.85 Td (increase ) Tj ET Q q 0 0 0 rg BT 288.82 529.85 Td (rates ) Tj ET Q q 0 0 0 rg BT 314.07 529.85 Td (to ) Tj ET Q q 0 0 0 rg BT 325.43 529.85 Td (our ) Tj ET Q q 0 0 0 rg BT 342.91 529.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 397.06 529.85 Td (or ) Tj ET Q q 0 0 0 rg BT 408.97 529.85 Td (to ) Tj ET Q q 0 0 0 rg BT 420.33 529.85 Td (pass ) Tj ET Q q 0 0 0 rg BT 444.48 529.85 Td (through ) Tj ET Q q 0 0 0 rg BT 481.42 529.85 Td (increased ) Tj ET Q q 0 0 0 rg BT 527.80 529.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 554.16 529.85 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 517.85 Td (our ) Tj ET Q q 0 0 0 rg BT 67.57 517.85 Td (subscribers; ) Tj ET Q q 0 0 0 rg BT 125.10 517.85 Td (the ) Tj ET Q q 0 0 0 rg BT 142.62 517.85 Td (ef) Tj ET Q q 0 0 0 rg BT 150.78 517.85 Td (fects ) Tj ET Q q 0 0 0 rg BT 175.52 517.85 Td (of ) Tj ET Q q 0 0 0 rg BT 187.48 517.85 Td (changes ) Tj ET Q q 0 0 0 rg BT 228.91 517.85 Td (in ) Tj ET Q q 0 0 0 rg BT 240.31 517.85 Td (laws ) Tj ET Q q 0 0 0 rg BT 263.94 517.85 Td (or ) Tj ET Q q 0 0 0 rg BT 276.45 517.85 Td (regulation; ) Tj ET Q q 0 0 0 rg BT 326.77 517.85 Td (our ) Tj ET Q q 0 0 0 rg BT 344.84 517.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 374.03 517.85 Td (to ) Tj ET Q q 0 0 0 rg BT 385.99 517.85 Td (maintain ) Tj ET Q q 0 0 0 rg BT 427.41 517.85 Td (certain ) Tj ET Q q 0 0 0 rg BT 461.05 517.85 Td (accreditations; ) Tj ET Q q 0 0 0 rg BT 529.14 517.85 Td (general ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 505.85 Td (economic ) Tj ET Q q 0 0 0 rg BT 94.20 505.85 Td (factors; ) Tj ET Q q 0 0 0 rg BT 128.89 505.85 Td (our ) Tj ET Q q 0 0 0 rg BT 145.24 505.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 172.71 505.85 Td (to ) Tj ET Q q 0 0 0 rg BT 182.95 505.85 Td (obtain ) Tj ET Q q 0 0 0 rg BT 212.10 505.85 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 258.47 505.85 Td (approval ) Tj ET Q q 0 0 0 rg BT 298.73 505.85 Td (and ) Tj ET Q q 0 0 0 rg BT 317.32 505.85 Td (satisfy ) Tj ET Q q 0 0 0 rg BT 347.56 505.85 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 393.93 505.85 Td (conditions ) Tj ET Q q 0 0 0 rg BT 440.86 505.85 Td (associated ) Tj ET Q q 0 0 0 rg BT 490.57 505.85 Td (with ) Tj ET Q q 0 0 0 rg BT 510.26 505.85 Td (acquisitions ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 493.85 Td (and ) Tj ET Q q 0 0 0 rg BT 68.93 493.85 Td (dispositions; ) Tj ET Q q 0 0 0 rg BT 126.71 493.85 Td (our ) Tj ET Q q 0 0 0 rg BT 143.91 493.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 172.22 493.85 Td (to ) Tj ET Q q 0 0 0 rg BT 183.31 493.85 Td (successfully ) Tj ET Q q 0 0 0 rg BT 239.96 493.85 Td (acquire ) Tj ET Q q 0 0 0 rg BT 275.51 493.85 Td (and ) Tj ET Q q 0 0 0 rg BT 294.94 493.85 Td (integrate ) Tj ET Q q 0 0 0 rg BT 336.60 493.85 Td (new ) Tj ET Q q 0 0 0 rg BT 357.69 493.85 Td (businesses ) Tj ET Q q 0 0 0 rg BT 410.47 493.85 Td (and ) Tj ET Q q 0 0 0 rg BT 429.90 493.85 Td (realize ) Tj ET Q q 0 0 0 rg BT 462.11 493.85 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 513.22 493.85 Td (ef) Tj ET Q q 0 0 0 rg BT 521.38 493.85 Td (ficiencies ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 481.85 Td (from ) Tj ET Q q 0 0 0 rg BT 73.25 481.85 Td (businesses ) Tj ET Q q 0 0 0 rg BT 127.03 481.85 Td (we ) Tj ET Q q 0 0 0 rg BT 143.56 481.85 Td (acquire; ) Tj ET Q q 0 0 0 rg BT 182.89 481.85 Td (the ) Tj ET Q q 0 0 0 rg BT 200.54 481.85 Td (availability ) Tj ET Q q 0 0 0 rg BT 250.42 481.85 Td (of ) Tj ET Q q 0 0 0 rg BT 262.51 481.85 Td (attractive ) Tj ET Q q 0 0 0 rg BT 306.83 481.85 Td (programming ) Tj ET Q q 0 0 0 rg BT 369.49 481.85 Td (for ) Tj ET Q q 0 0 0 rg BT 384.91 481.85 Td (our ) Tj ET Q q 0 0 0 rg BT 403.11 481.85 Td (digital ) Tj ET Q q 0 0 0 rg BT 432.99 481.85 Td (video ) Tj ET Q q 0 0 0 rg BT 460.65 481.85 Td (services ) Tj ET Q q 0 0 0 rg BT 501.07 481.85 Td (and ) Tj ET Q q 0 0 0 rg BT 521.50 481.85 Td (the ) Tj ET Q q 0 0 0 rg BT 539.16 481.85 Td (costs ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 469.85 Td (associated ) Tj ET Q q 0 0 0 rg BT 100.38 469.85 Td (with ) Tj ET Q q 0 0 0 rg BT 121.23 469.85 Td (such ) Tj ET Q q 0 0 0 rg BT 145.43 469.85 Td (programming; ) Tj ET Q q 0 0 0 rg BT 210.19 469.85 Td (our ) Tj ET Q q 0 0 0 rg BT 227.71 469.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 256.35 469.85 Td (to ) Tj ET Q q 0 0 0 rg BT 267.76 469.85 Td (achieve ) Tj ET Q q 0 0 0 rg BT 305.30 469.85 Td (forecasted ) Tj ET Q q 0 0 0 rg BT 355.07 469.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 394.83 469.85 Td (and ) Tj ET Q q 0 0 0 rg BT 414.58 469.85 Td (operating ) Tj ET Q q 0 0 0 rg BT 459.35 469.85 Td (targets; ) Tj ET Q q 0 0 0 rg BT 495.77 469.85 Td (the ) Tj ET Q q 0 0 0 rg BT 512.75 469.85 Td (outcome ) Tj ET Q q 0 0 0 rg BT 554.17 469.85 Td (of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 457.85 Td (any ) Tj ET Q q 0 0 0 rg BT 70.55 457.85 Td (pending ) Tj ET Q q 0 0 0 rg BT 111.07 457.85 Td (or ) Tj ET Q q 0 0 0 rg BT 124.89 457.85 Td (threatened ) Tj ET Q q 0 0 0 rg BT 177.63 457.85 Td (litigation; ) Tj ET Q q 0 0 0 rg BT 222.03 457.85 Td (the ) Tj ET Q q 0 0 0 rg BT 240.86 457.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 271.35 457.85 Td (of ) Tj ET Q q 0 0 0 rg BT 284.62 457.85 Td (our ) Tj ET Q q 0 0 0 rg BT 304.00 457.85 Td (operating ) Tj ET Q q 0 0 0 rg BT 350.62 457.85 Td (companies ) Tj ET Q q 0 0 0 rg BT 403.91 457.85 Td (to ) Tj ET Q q 0 0 0 rg BT 417.18 457.85 Td (access ) Tj ET Q q 0 0 0 rg BT 453.23 457.85 Td (cash ) Tj ET Q q 0 0 0 rg BT 479.28 457.85 Td (of ) Tj ET Q q 0 0 0 rg BT 492.54 457.85 Td (their ) Tj ET Q q 0 0 0 rg BT 516.92 457.85 Td (respective ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 445.85 Td (subsidiaries; ) Tj ET Q q 0 0 0 rg BT 107.93 445.85 Td (the ) Tj ET Q q 0 0 0 rg BT 124.68 445.85 Td (impact ) Tj ET Q q 0 0 0 rg BT 156.99 445.85 Td (of ) Tj ET Q q 0 0 0 rg BT 168.18 445.85 Td (our ) Tj ET Q q 0 0 0 rg BT 185.48 445.85 Td (operating ) Tj ET Q q 0 0 0 rg BT 230.03 445.85 Td (companies' ) Tj ET Q q 0 0 0 rg BT 283.15 445.85 Td (future ) Tj ET Q q 0 0 0 rg BT 311.57 445.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 351.11 445.85 Td (performance, ) Tj ET Q q 0 0 0 rg BT 412.87 445.85 Td (or ) Tj ET Q q 0 0 0 rg BT 424.62 445.85 Td (market ) Tj ET Q q 0 0 0 rg BT 458.03 445.85 Td (conditions ) Tj ET Q q 0 0 0 rg BT 505.91 445.85 Td (generally) Tj ET Q q 0 0 0 rg BT 545.75 445.85 Td (, ) Tj ET Q q 0 0 0 rg BT 551.37 445.85 Td (on ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 433.85 Td (the ) Tj ET Q q 0 0 0 rg BT 66.85 433.85 Td (availability) Tj ET Q q 0 0 0 rg BT 112.24 433.85 Td (, ) Tj ET Q q 0 0 0 rg BT 118.46 433.85 Td (terms ) Tj ET Q q 0 0 0 rg BT 146.91 433.85 Td (and ) Tj ET Q q 0 0 0 rg BT 167.04 433.85 Td (deployment ) Tj ET Q q 0 0 0 rg BT 222.19 433.85 Td (of ) Tj ET Q q 0 0 0 rg BT 233.98 433.85 Td (capital; ) Tj ET Q q 0 0 0 rg BT 269.11 433.85 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 323.14 433.85 Td (in ) Tj ET Q q 0 0 0 rg BT 334.37 433.85 Td (currency ) Tj ET Q q 0 0 0 rg BT 376.17 433.85 Td (exchange ) Tj ET Q q 0 0 0 rg BT 422.98 433.85 Td (and ) Tj ET Q q 0 0 0 rg BT 443.11 433.85 Td (interest ) Tj ET Q q 0 0 0 rg BT 479.35 433.85 Td (rates; ) Tj ET Q q 0 0 0 rg BT 507.81 433.85 Td (the ) Tj ET Q q 0 0 0 rg BT 525.16 433.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 554.17 433.85 Td (of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 421.85 Td (suppliers ) Tj ET Q q 0 0 0 rg BT 92.14 421.85 Td (and ) Tj ET Q q 0 0 0 rg BT 111.44 421.85 Td (vendors ) Tj ET Q q 0 0 0 rg BT 149.64 421.85 Td (\(including ) Tj ET Q q 0 0 0 rg BT 195.06 421.85 Td (our ) Tj ET Q q 0 0 0 rg BT 212.13 421.85 Td (third-party ) Tj ET Q q 0 0 0 rg BT 259.77 421.85 Td (wireless ) Tj ET Q q 0 0 0 rg BT 298.51 421.85 Td (network ) Tj ET Q q 0 0 0 rg BT 336.14 421.85 Td (providers ) Tj ET Q q 0 0 0 rg BT 379.89 421.85 Td (under ) Tj ET Q q 0 0 0 rg BT 408.08 421.85 Td (our ) Tj ET Q q 0 0 0 rg BT 425.16 421.85 Td (MVNO ) Tj ET Q q 0 0 0 rg BT 457.78 421.85 Td (arrangements\) ) Tj ET Q q 0 0 0 rg BT 525.43 421.85 Td (to ) Tj ET Q q 0 0 0 rg BT 536.38 421.85 Td (timely ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 409.85 Td (deliver ) Tj ET Q q 0 0 0 rg BT 81.77 409.85 Td (quality ) Tj ET Q q 0 0 0 rg BT 113.49 409.85 Td (products, ) Tj ET Q q 0 0 0 rg BT 157.43 409.85 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 209.72 409.85 Td (software, ) Tj ET Q q 0 0 0 rg BT 253.11 409.85 Td (services ) Tj ET Q q 0 0 0 rg BT 292.59 409.85 Td (and ) Tj ET Q q 0 0 0 rg BT 312.09 409.85 Td (access; ) Tj ET Q q 0 0 0 rg BT 348.80 409.85 Td (our ) Tj ET Q q 0 0 0 rg BT 366.07 409.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 394.45 409.85 Td (to ) Tj ET Q q 0 0 0 rg BT 405.60 409.85 Td (adequately ) Tj ET Q q 0 0 0 rg BT 457.34 409.85 Td (forecast ) Tj ET Q q 0 0 0 rg BT 495.72 409.85 Td (and ) Tj ET Q q 0 0 0 rg BT 515.22 409.85 Td (plan ) Tj ET Q q 0 0 0 rg BT 536.94 409.85 Td (future ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 397.85 Td (network ) Tj ET Q q 0 0 0 rg BT 86.85 397.85 Td (requirements ) Tj ET Q q 0 0 0 rg BT 147.55 397.85 Td (including ) Tj ET Q q 0 0 0 rg BT 189.36 397.85 Td (the ) Tj ET Q q 0 0 0 rg BT 205.60 397.85 Td (costs ) Tj ET Q q 0 0 0 rg BT 231.27 397.85 Td (and ) Tj ET Q q 0 0 0 rg BT 250.30 397.85 Td (benefits ) Tj ET Q q 0 0 0 rg BT 287.66 397.85 Td (associated ) Tj ET Q q 0 0 0 rg BT 337.80 397.85 Td (with ) Tj ET Q q 0 0 0 rg BT 357.92 397.85 Td (network ) Tj ET Q q 0 0 0 rg BT 395.28 397.85 Td (expansions; ) Tj ET Q q 0 0 0 rg BT 450.98 397.85 Td (and ) Tj ET Q q 0 0 0 rg BT 470.00 397.85 Td (other ) Tj ET Q q 0 0 0 rg BT 495.14 397.85 Td (factors ) Tj ET Q q 0 0 0 rg BT 527.48 397.85 Td (detailed ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 385.85 Td (from ) Tj ET Q q 0 0 0 rg BT 72.00 385.85 Td (time ) Tj ET Q q 0 0 0 rg BT 93.40 385.85 Td (to ) Tj ET Q q 0 0 0 rg BT 104.24 385.85 Td (time ) Tj ET Q q 0 0 0 rg BT 125.63 385.85 Td (in ) Tj ET Q q 0 0 0 rg BT 135.92 385.85 Td (our ) Tj ET Q q 0 0 0 rg BT 152.88 385.85 Td (filings ) Tj ET Q q 0 0 0 rg BT 180.95 385.85 Td (with ) Tj ET Q q 0 0 0 rg BT 201.23 385.85 Td (the ) Tj ET Q q 0 0 0 rg BT 217.64 385.85 Td (Securities ) Tj ET Q q 0 0 0 rg BT 264.05 385.85 Td (and ) Tj ET Q q 0 0 0 rg BT 283.23 385.85 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 330.21 385.85 Td (Commission, ) Tj ET Q q 0 0 0 rg BT 390.50 385.85 Td (including ) Tj ET Q q 0 0 0 rg BT 432.48 385.85 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 465.00 385.85 Td (Global's ) Tj ET Q q 0 0 0 rg BT 503.32 385.85 Td (most ) Tj ET Q q 0 0 0 rg BT 527.49 385.85 Td (recently ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 373.85 Td (filed ) Tj ET Q q 0 0 0 rg BT 71.39 373.85 Td (Form ) Tj ET Q q 0 0 0 rg BT 98.26 373.85 Td (10-K ) Tj ET Q q 0 0 0 rg BT 122.92 373.85 Td (and ) Tj ET Q q 0 0 0 rg BT 143.15 373.85 Td (Form ) Tj ET Q q 0 0 0 rg BT 170.02 373.85 Td (10-Qs. ) Tj ET Q q 0 0 0 rg BT 203.34 373.85 Td (These ) Tj ET Q q 0 0 0 rg BT 234.68 373.85 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 306.58 373.85 Td (statements ) Tj ET Q q 0 0 0 rg BT 359.04 373.85 Td (speak ) Tj ET Q q 0 0 0 rg BT 389.26 373.85 Td (only ) Tj ET Q q 0 0 0 rg BT 411.15 373.85 Td (as ) Tj ET Q q 0 0 0 rg BT 425.25 373.85 Td (of ) Tj ET Q q 0 0 0 rg BT 437.14 373.85 Td (the ) Tj ET Q q 0 0 0 rg BT 454.58 373.85 Td (date ) Tj ET Q q 0 0 0 rg BT 477.58 373.85 Td (of ) Tj ET Q q 0 0 0 rg BT 489.47 373.85 Td (this ) Tj ET Q q 0 0 0 rg BT 508.57 373.85 Td (release. ) Tj ET Q q 0 0 0 rg BT 547.69 373.85 Td (W) Tj ET Q q 0 0 0 rg BT 556.95 373.85 Td (e ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 361.85 Td (expressly ) Tj ET Q q 0 0 0 rg BT 96.02 361.85 Td (disclaim ) Tj ET Q q 0 0 0 rg BT 136.42 361.85 Td (any ) Tj ET Q q 0 0 0 rg BT 156.83 361.85 Td (obligation ) Tj ET Q q 0 0 0 rg BT 203.92 361.85 Td (or ) Tj ET Q q 0 0 0 rg BT 217.10 361.85 Td (undertaking ) Tj ET Q q 0 0 0 rg BT 273.64 361.85 Td (to ) Tj ET Q q 0 0 0 rg BT 286.27 361.85 Td (disseminate ) Tj ET Q q 0 0 0 rg BT 343.91 361.85 Td (any ) Tj ET Q q 0 0 0 rg BT 364.32 361.85 Td (updates ) Tj ET Q q 0 0 0 rg BT 404.19 361.85 Td (or ) Tj ET Q q 0 0 0 rg BT 417.36 361.85 Td (revisions ) Tj ET Q q 0 0 0 rg BT 461.10 361.85 Td (to ) Tj ET Q q 0 0 0 rg BT 473.73 361.85 Td (any ) Tj ET Q q 0 0 0 rg BT 494.13 361.85 Td (forward-looking ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 349.85 Td (statement ) Tj ET Q q 0 0 0 rg BT 96.90 349.85 Td (contained ) Tj ET Q q 0 0 0 rg BT 143.76 349.85 Td (herein ) Tj ET Q q 0 0 0 rg BT 175.05 349.85 Td (to ) Tj ET Q q 0 0 0 rg BT 186.88 349.85 Td (reflect ) Tj ET Q q 0 0 0 rg BT 217.61 349.85 Td (any ) Tj ET Q q 0 0 0 rg BT 237.22 349.85 Td (change ) Tj ET Q q 0 0 0 rg BT 273.52 349.85 Td (in ) Tj ET Q q 0 0 0 rg BT 284.80 349.85 Td (our ) Tj ET Q q 0 0 0 rg BT 302.74 349.85 Td (expectations ) Tj ET Q q 0 0 0 rg BT 362.38 349.85 Td (with ) Tj ET Q q 0 0 0 rg BT 383.66 349.85 Td (regard ) Tj ET Q q 0 0 0 rg BT 416.05 349.85 Td (thereto ) Tj ET Q q 0 0 0 rg BT 450.68 349.85 Td (or ) Tj ET Q q 0 0 0 rg BT 463.06 349.85 Td (any ) Tj ET Q q 0 0 0 rg BT 482.68 349.85 Td (change ) Tj ET Q q 0 0 0 rg BT 518.98 349.85 Td (in ) Tj ET Q q 0 0 0 rg BT 530.25 349.85 Td (events, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 337.85 Td (conditions ) Tj ET Q q 0 0 0 rg BT 97.31 337.85 Td (or ) Tj ET Q q 0 0 0 rg BT 108.98 337.85 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 175.66 337.85 Td (on ) Tj ET Q q 0 0 0 rg BT 189.56 337.85 Td (which ) Tj ET Q q 0 0 0 rg BT 217.91 337.85 Td (any ) Tj ET Q q 0 0 0 rg BT 236.81 337.85 Td (such ) Tj ET Q q 0 0 0 rg BT 260.71 337.85 Td (statement ) Tj ET Q q 0 0 0 rg BT 307.40 337.85 Td (is ) Tj ET Q q 0 0 0 rg BT 317.40 337.85 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 49.50 309.05 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 52.5 287.18525390624995 m 212.529296875 287.18525390624995 l s q 0 0 0 rg BT 52.50 288.77 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 304.5 287.18525390624995 m 509.51953125 287.18525390624995 l s q 0 0 0 rg BT 304.50 288.77 Td (Liberty Global Corporate Communications:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 274.77 Td (Oskar Nooij) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.50 274.77 Td (+1 303 220 4218) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.50 274.77 Td (Matt Beake) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 274.77 Td (+44 20 8483 6428) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 260.77 Td (Christian Fangmann) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.50 260.77 Td (+49 221 84 62 5151) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.50 260.77 Td (Tim Burt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 260.77 Td (+44 20 7240 2486) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 246.77 Td (John Rea) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.50 246.77 Td (+1 303 220 4238) 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 52.5 223.18525390624995 m 204.5703125 223.18525390624995 l s q 0 0 0 rg BT 52.50 224.77 Td (Virgin Media 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 304.5 223.18525390624995 m 501.560546875 223.18525390624995 l s q 0 0 0 rg BT 304.50 224.77 Td (Virgin Media Corporate Communications:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 210.77 Td (Vani Bassi) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.50 210.77 Td (+44 125 675 2347) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.50 210.77 Td (Paul Fincham) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 210.77 Td (+44 333 000 2900) 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 52.5 187.18525390624995 m 172.509765625 187.18525390624995 l s q 0 0 0 rg BT 52.50 188.77 Td (Ziggo 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 304.5 187.18525390624995 m 469.5 187.18525390624995 l s q 0 0 0 rg BT 304.50 188.77 Td (Ziggo Corporate Communications:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 174.77 Td (Caspar Bos) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.50 174.77 Td (+31 88 717 4619) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.50 174.77 Td (Charles Huijskens) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 174.77 Td (+31 88 717 4592) 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 52.5 151.18525390624995 m 199.19921875 151.18525390624995 l s q 0 0 0 rg BT 52.50 152.77 Td (Unitymedia 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 304.5 151.18525390624995 m 496.189453125 151.18525390624995 l s q 0 0 0 rg BT 304.50 152.77 Td (Unitymedia Corporate Communications:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 138.77 Td (Stefan Halters) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.50 138.77 Td (+49 221 84 62 5162) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.50 138.77 Td (Johannes Fuxjaeger) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 138.77 Td (+49 221 84 62 5110) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 75.80 0 0 47.00 486.15 732.50 cm /I93 Do Q endstream endobj 77 0 obj <> endobj 78 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 (38) 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 (About Liberty Global) 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 (Liberty ) Tj ET Q q 0 0 0 rg BT 82.76 685.85 Td (Global ) Tj ET Q q 0 0 0 rg BT 114.91 685.85 Td (is ) Tj ET Q q 0 0 0 rg BT 125.37 685.85 Td (the ) Tj ET Q q 0 0 0 rg BT 142.51 685.85 Td (largest ) Tj ET Q q 0 0 0 rg BT 175.77 685.85 Td (international ) Tj ET Q q 0 0 0 rg BT 233.49 685.85 Td (cable ) Tj ET Q q 0 0 0 rg BT 260.64 685.85 Td (company ) Tj ET Q q 0 0 0 rg BT 304.46 685.85 Td (with ) Tj ET Q q 0 0 0 rg BT 325.49 685.85 Td (operations ) Tj ET Q q 0 0 0 rg BT 375.43 685.85 Td (in ) Tj ET Q q 0 0 0 rg BT 386.45 685.85 Td (14 ) Tj ET Q q 0 0 0 rg BT 400.82 685.85 Td (countries. ) Tj ET Q q 0 0 0 rg BT 447.42 685.85 Td (W) Tj ET Q q 0 0 0 rg BT 456.67 685.85 Td (e ) Tj ET Q q 0 0 0 rg BT 465.48 685.85 Td (connect ) Tj ET Q q 0 0 0 rg BT 503.74 685.85 Td (people ) Tj ET Q q 0 0 0 rg BT 537.01 685.85 Td (to ) Tj ET Q q 0 0 0 rg BT 548.60 685.85 Td (the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 673.85 Td (digital ) Tj ET Q q 0 0 0 rg BT 78.89 673.85 Td (world ) Tj ET Q q 0 0 0 rg BT 106.04 673.85 Td (and ) Tj ET Q q 0 0 0 rg BT 125.98 673.85 Td (enable ) Tj ET Q q 0 0 0 rg BT 159.27 673.85 Td (them ) Tj ET Q q 0 0 0 rg BT 184.76 673.85 Td (to ) Tj ET Q q 0 0 0 rg BT 196.35 673.85 Td (discover ) Tj ET Q q 0 0 0 rg BT 236.85 673.85 Td (and ) Tj ET Q q 0 0 0 rg BT 256.79 673.85 Td (experience ) Tj ET Q q 0 0 0 rg BT 308.97 673.85 Td (its ) Tj ET Q q 0 0 0 rg BT 322.22 673.85 Td (endless ) Tj ET Q q 0 0 0 rg BT 359.95 673.85 Td (possibilities. ) Tj ET Q q 0 0 0 rg BT 417.12 673.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 437.05 673.85 Td (market-leading ) Tj ET Q q 0 0 0 rg BT 506.45 673.85 Td (products ) Tj ET Q q 0 0 0 rg BT 548.06 673.85 Td (are ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 661.85 Td (provided ) Tj ET Q q 0 0 0 rg BT 90.49 661.85 Td (through ) Tj ET Q q 0 0 0 rg BT 127.04 661.85 Td (next-generation ) Tj ET Q q 0 0 0 rg BT 199.17 661.85 Td (networks ) Tj ET Q q 0 0 0 rg BT 241.82 661.85 Td (and ) Tj ET Q q 0 0 0 rg BT 261.13 661.85 Td (innovative ) Tj ET Q q 0 0 0 rg BT 308.80 661.85 Td (technology ) Tj ET Q q 0 0 0 rg BT 359.80 661.85 Td (platforms ) Tj ET Q q 0 0 0 rg BT 403.55 661.85 Td (that ) Tj ET Q q 0 0 0 rg BT 422.87 661.85 Td (connected ) Tj ET Q q 0 0 0 rg BT 471.65 661.85 Td (27 ) Tj ET Q q 0 0 0 rg BT 485.40 661.85 Td (million ) Tj ET Q q 0 0 0 rg BT 516.38 661.85 Td (customers ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 649.85 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 102.58 649.85 Td (to ) Tj ET Q q 0 0 0 rg BT 113.41 649.85 Td (57 ) Tj ET Q q 0 0 0 rg BT 127.03 649.85 Td (million ) Tj ET Q q 0 0 0 rg BT 157.86 649.85 Td (television, ) Tj ET Q q 0 0 0 rg BT 204.82 649.85 Td (broadband ) Tj ET Q q 0 0 0 rg BT 255.14 649.85 Td (internet ) Tj ET Q q 0 0 0 rg BT 290.99 649.85 Td (and ) Tj ET Q q 0 0 0 rg BT 310.17 649.85 Td (telephony ) Tj ET Q q 0 0 0 rg BT 356.03 649.85 Td (services ) Tj ET Q q 0 0 0 rg BT 395.20 649.85 Td (at ) Tj ET Q q 0 0 0 rg BT 406.04 649.85 Td (December ) Tj ET Q q 0 0 0 rg BT 454.66 649.85 Td (31, ) Tj ET Q q 0 0 0 rg BT 471.06 649.85 Td (2015. ) Tj ET Q q 0 0 0 rg BT 498.58 649.85 Td (In ) Tj ET Q q 0 0 0 rg BT 509.41 649.85 Td (addition, ) Tj ET Q q 0 0 0 rg BT 549.71 649.85 Td (we ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 637.85 Td (served ) Tj ET Q q 0 0 0 rg BT 82.29 637.85 Td (five ) Tj ET Q q 0 0 0 rg BT 100.63 637.85 Td (million ) Tj ET Q q 0 0 0 rg BT 131.75 637.85 Td (mobile ) Tj ET Q q 0 0 0 rg BT 163.99 637.85 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 217.89 637.85 Td (and ) Tj ET Q q 0 0 0 rg BT 237.36 637.85 Td (of) Tj ET Q q 0 0 0 rg BT 245.52 637.85 Td (fered ) Tj ET Q q 0 0 0 rg BT 271.09 637.85 Td (WiFi ) Tj ET Q q 0 0 0 rg BT 293.86 637.85 Td (service ) Tj ET Q q 0 0 0 rg BT 328.31 637.85 Td (across ) Tj ET Q q 0 0 0 rg BT 360.54 637.85 Td (six ) Tj ET Q q 0 0 0 rg BT 375.54 637.85 Td (million ) Tj ET Q q 0 0 0 rg BT 406.66 637.85 Td (access ) Tj ET Q q 0 0 0 rg BT 440.56 637.85 Td (points. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 613.85 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 82.04 613.85 Td (Global) Tj ET Q q 0 0 0 rg BT 112.99 613.85 Td (s ) Tj ET Q q 0 0 0 rg BT 120.52 613.85 Td (businesses ) Tj ET Q q 0 0 0 rg BT 173.08 613.85 Td (are ) Tj ET Q q 0 0 0 rg BT 190.07 613.85 Td (currently ) Tj ET Q q 0 0 0 rg BT 230.94 613.85 Td (attributed ) Tj ET Q q 0 0 0 rg BT 275.17 613.85 Td (to ) Tj ET Q q 0 0 0 rg BT 286.04 613.85 Td (two ) Tj ET Q q 0 0 0 rg BT 304.13 613.85 Td (tracking ) Tj ET Q q 0 0 0 rg BT 341.67 613.85 Td (stock ) Tj ET Q q 0 0 0 rg BT 367.54 613.85 Td (groups: ) Tj ET Q q 0 0 0 rg BT 403.43 613.85 Td (the ) Tj ET Q q 0 0 0 rg BT 419.86 613.85 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 452.40 613.85 Td (Global ) Tj ET Q q 0 0 0 rg BT 483.84 613.85 Td (Group ) Tj ET Q q 0 0 0 rg BT 514.16 613.85 Td (\(NASDAQ: ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 601.85 Td (LBTY) Tj ET Q q 0 0 0 rg BT 73.77 601.85 Td (A, ) Tj ET Q q 0 0 0 rg BT 86.29 601.85 Td (LBTYB ) Tj ET Q q 0 0 0 rg BT 121.04 601.85 Td (and ) Tj ET Q q 0 0 0 rg BT 140.79 601.85 Td (LBTYK\), ) Tj ET Q q 0 0 0 rg BT 181.65 601.85 Td (which ) Tj ET Q q 0 0 0 rg BT 210.28 601.85 Td (primarily ) Tj ET Q q 0 0 0 rg BT 251.13 601.85 Td (comprises ) Tj ET Q q 0 0 0 rg BT 299.77 601.85 Td (our ) Tj ET Q q 0 0 0 rg BT 317.29 601.85 Td (European ) Tj ET Q q 0 0 0 rg BT 363.73 601.85 Td (operations, ) Tj ET Q q 0 0 0 rg BT 416.28 601.85 Td (and ) Tj ET Q q 0 0 0 rg BT 436.03 601.85 Td (the ) Tj ET Q q 0 0 0 rg BT 453.00 601.85 Td (LiLAC ) Tj ET Q q 0 0 0 rg BT 483.31 601.85 Td (Group ) Tj ET Q q 0 0 0 rg BT 514.17 601.85 Td (\(NASDAQ: ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 589.85 Td (LILA) Tj ET Q q 0 0 0 rg BT 69.52 589.85 Td ( ) Tj ET Q q 0 0 0 rg BT 72.30 589.85 Td (and ) Tj ET Q q 0 0 0 rg BT 91.76 589.85 Td (LILAK, ) Tj ET Q q 0 0 0 rg BT 124.56 589.85 Td (OTC ) Tj ET Q q 0 0 0 rg BT 148.45 589.85 Td (Link: ) Tj ET Q q 0 0 0 rg BT 172.35 589.85 Td (LILAB\), ) Tj ET Q q 0 0 0 rg BT 208.47 589.85 Td (which ) Tj ET Q q 0 0 0 rg BT 236.82 589.85 Td (comprises ) Tj ET Q q 0 0 0 rg BT 285.16 589.85 Td (our ) Tj ET Q q 0 0 0 rg BT 302.40 589.85 Td (operations ) Tj ET Q q 0 0 0 rg BT 351.87 589.85 Td (in ) Tj ET Q q 0 0 0 rg BT 362.43 589.85 Td (Latin ) Tj ET Q q 0 0 0 rg BT 386.35 589.85 Td (America ) Tj ET Q q 0 0 0 rg BT 425.80 589.85 Td (and ) Tj ET Q q 0 0 0 rg BT 445.26 589.85 Td (the ) Tj ET Q q 0 0 0 rg BT 461.94 589.85 Td (Caribbean. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 565.85 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 81.60 565.85 Td (Global's ) Tj ET Q q 0 0 0 rg BT 119.51 565.85 Td (consumer ) Tj ET Q q 0 0 0 rg BT 165.51 565.85 Td (brands ) Tj ET Q q 0 0 0 rg BT 198.17 565.85 Td (are ) Tj ET Q q 0 0 0 rg BT 214.72 565.85 Td (V) Tj ET Q q 0 0 0 rg BT 221.21 565.85 Td (irgin ) Tj ET Q q 0 0 0 rg BT 242.19 565.85 Td (Media, ) Tj ET Q q 0 0 0 rg BT 274.30 565.85 Td (Ziggo, ) Tj ET Q q 0 0 0 rg BT 304.18 565.85 Td (Unitymedia, ) Tj ET Q q 0 0 0 rg BT 358.93 565.85 Td (T) Tj ET Q q 0 0 0 rg BT 363.93 565.85 Td (elenet, ) Tj ET Q q 0 0 0 rg BT 396.05 565.85 Td (UPC, ) Tj ET Q q 0 0 0 rg BT 422.03 565.85 Td (VTR ) Tj ET Q q 0 0 0 rg BT 444.12 565.85 Td (and ) Tj ET Q q 0 0 0 rg BT 462.90 565.85 Td (Liberty) Tj ET Q q 0 0 0 rg BT 492.17 565.85 Td (. ) Tj ET Q q 0 0 0 rg BT 497.04 565.85 Td (Our ) Tj ET Q q 0 0 0 rg BT 515.80 565.85 Td (operations ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 553.85 Td (also ) Tj ET Q q 0 0 0 rg BT 72.88 553.85 Td (include ) Tj ET Q q 0 0 0 rg BT 109.61 553.85 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 144.67 553.85 Td (Global ) Tj ET Q q 0 0 0 rg BT 178.61 553.85 Td (Business ) Tj ET Q q 0 0 0 rg BT 224.23 553.85 Td (Services ) Tj ET Q q 0 0 0 rg BT 267.61 553.85 Td (and ) Tj ET Q q 0 0 0 rg BT 289.33 553.85 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 324.39 553.85 Td (Global ) Tj ET Q q 0 0 0 rg BT 358.33 553.85 Td (V) Tj ET Q q 0 0 0 rg BT 364.45 553.85 Td (entures. ) Tj ET Q q 0 0 0 rg BT 405.62 553.85 Td (For ) Tj ET Q q 0 0 0 rg BT 425.66 553.85 Td (more ) Tj ET Q q 0 0 0 rg BT 453.48 553.85 Td (information, ) Tj ET Q q 0 0 0 rg BT 510.77 553.85 Td (please ) Tj ET Q q 0 0 0 rg BT 545.28 553.85 Td (visit ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 541.85 Td (www) Tj ET Q q 0 0 0 rg BT 70.61 541.85 Td (.libertyglobal.com.) Tj ET Q /GS0 gs q 75.80 0 0 47.00 486.15 732.50 cm /I94 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 731.95 24.95 Td (39) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 523.5 m 209 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 209 523.5 m 213 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 523.5 m 266 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 523.5 m 270 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 523.5 m 323 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323 523.5 m 327 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 523.5 m 380 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 523.5 m 384 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 523.5 m 437 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 523.5 m 441 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 523.5 m 494 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 523.5 m 498 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 523.5 m 551 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 551 523.5 m 555 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 523.5 m 608 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 608 523.5 m 612 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 523.5 m 665 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 665 523.5 m 669 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 523.5 m 722 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 722 523.5 m 726 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 523.5 m 779 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 514.5 m 437 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 514.5 m 441 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 514.5 m 494 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 514.5 m 498 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 514.5 m 551 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 551 514.5 m 555 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 514.5 m 608 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 608 514.5 m 612 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 514.5 m 665 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 486.5 m 209 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 486.5 m 266 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 486.5 m 323 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 486.5 m 380 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 486.5 m 437 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 486.5 m 494 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 486.5 m 551 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 486.5 m 608 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 486.5 m 665 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 486.5 m 722 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 486.5 m 779 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 398.5 m 209 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 398.5 m 266 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 398.5 m 323 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 398.5 m 380 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 398.5 m 437 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 398.5 m 494 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 398.5 m 551 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 398.5 m 608 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 398.5 m 665 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 398.5 m 722 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 398.5 m 779 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 398.5 m 209 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 388.5 m 209 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 386.5 m 209 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 398.5 m 266 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 388.5 m 266 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 386.5 m 266 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 398.5 m 323 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 388.5 m 323 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 386.5 m 323 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 398.5 m 380 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 388.5 m 380 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 386.5 m 380 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 398.5 m 437 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 388.5 m 437 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 386.5 m 437 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 398.5 m 494 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 388.5 m 494 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 386.5 m 494 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 398.5 m 551 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 388.5 m 551 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 386.5 m 551 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 398.5 m 608 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 388.5 m 608 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 555 386.5 m 608 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 398.5 m 665 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 388.5 m 665 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 612 386.5 m 665 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 398.5 m 722 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 388.5 m 722 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 669 386.5 m 722 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 398.5 m 779 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 388.5 m 779 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 386.5 m 779 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 349.5 m 209 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 349.5 m 266 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 349.5 m 323 349.5 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 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 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 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 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 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 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 726 349.5 m 779 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 349.5 m 209 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 339.5 m 209 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156 337.5 m 209 337.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 349.5 m 266 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 339.5 m 266 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 337.5 m 266 337.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270 349.5 m 323 349.5 l s 0 0 0 RG /GS0 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 726 349.5 m 779 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 339.5 m 779 339.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 337.5 m 779 337.5 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 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 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 726 239.5 m 779 239.5 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 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 327 229.5 m 380 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327 227.5 m 380 227.5 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 384 229.5 m 437 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 227.5 m 437 227.5 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 441 229.5 m 494 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441 227.5 m 494 227.5 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 498 229.5 m 551 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 227.5 m 551 227.5 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 555 229.5 m 608 229.5 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 726 239.5 m 779 239.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 229.5 m 779 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 227.5 m 779 227.5 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 726 190.5 m 779 190.5 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 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 190.5 m 779 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 180.5 m 779 180.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 726 178.5 m 779 178.5 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 279.45 528.34 Td (Selected Operating Data & Subscriber Variance Table December 31, 2015) 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 514.50 515.95 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 168.10 490.28 Td (Passed) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 189.11 493.14 Td (\(1) Tj ET Q BT /F3 3.90 Tf ET q 0 0 0 rg BT 192.37 493.14 Td (1\)) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 226.55 502.28 Td (T) Tj ET Q q 0 0 0 rg BT 229.77 502.28 Td (wo-way ) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 228.95 496.28 Td (Homes) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 225.00 490.28 Td (Passed) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 246.01 493.14 Td (\(12\)) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 281.95 496.28 Td (Customer) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 273.90 490.28 Td (Relationships) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 313.24 493.14 Td (\(1\)) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 346.05 496.28 Td (T) Tj ET Q q 0 0 0 rg BT 349.27 496.28 Td (otal) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 342.25 490.28 Td (RGUs) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 358.92 493.14 Td (\(2\)) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 393.00 496.28 Td (Basic V) Tj ET Q q 0 0 0 rg BT 414.57 496.28 Td (ideo) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 389.15 490.28 Td (Subscribers) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 423.83 493.14 Td (\(13\)) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 443.70 496.28 Td (Enhanced V) Tj ET Q q 0 0 0 rg BT 477.93 496.28 Td (ideo) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 446.15 490.28 Td (Subscribers) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 480.83 493.14 Td (\(14\)) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 517.80 496.28 Td (DTH) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 503.15 490.28 Td (Subscribers) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 537.83 493.14 Td (\(32\)) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 571.80 496.28 Td (MMDS) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 560.15 490.28 Td (Subscribers) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 594.83 493.14 Td (\(15\)) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 631.05 496.28 Td (T) Tj ET Q q 0 0 0 rg BT 634.27 496.28 Td (otal) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 629.85 490.28 Td (V) Tj ET Q q 0 0 0 rg BT 633.74 490.28 Td (ideo) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 683.95 496.28 Td (Internet ) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 675.25 490.28 Td (Subscribers) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 709.93 493.14 Td (\(3\)) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 737.20 496.28 Td (T) Tj ET Q q 0 0 0 rg BT 740.42 496.28 Td (elephony ) Tj ET Q BT /F3 6.00 Tf ET q 0 0 0 rg BT 732.25 490.28 Td (Subscribers) Tj ET Q BT /F3 6.00 Tf ET BT /F3 3.90 Tf ET q 0 0 0 rg BT 766.93 493.14 Td (\(4\)) 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 16.5 476.908203125 m 73.84375 476.908203125 l s q 0 0 0 rg BT 16.50 478.18 Td (Operating Data) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 467.18 Td (Switzerland) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 62.35 470.99 Td (36) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 70.70 467.18 Td (...................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 170.20 467.18 Td (2,195,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 467.18 Td (2,194,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 467.23 Td (1,351,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 467.23 Td (2,567,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 467.18 Td (619,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 467.23 Td (682,700) 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 596.75 467.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 626.20 467.18 Td (1,302,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 467.18 Td (759,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 746.85 467.18 Td (505,000) 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 (1,372,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 456.18 Td (1,372,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.80 456.18 Td (654,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 456.23 Td (1,378,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 456.18 Td (139,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 456.23 Td (363,300) 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 596.75 456.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 456.18 Td (502,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 456.18 Td (484,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 746.85 456.18 Td (391,300) 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 (2,971,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 445.18 Td (2,903,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 445.23 Td (1,441,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 445.23 Td (2,847,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 445.18 Td (240,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 445.23 Td (962,200) 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 596.75 445.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 626.20 445.18 Td (1,202,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 683.20 445.18 Td (1,052,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 746.85 445.18 Td (592,400) 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 (1,624,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 434.18 Td (1,606,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 434.23 Td (1,094,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 434.23 Td (2,061,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 434.18 Td (170,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 434.23 Td (478,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.85 434.23 Td (289,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 434.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 434.18 Td (938,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 434.18 Td (588,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 746.85 434.18 Td (534,800) 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 (2,647,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 423.18 Td (2,579,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 423.23 Td (1,243,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 423.23 Td (2,127,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 423.18 Td (290,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 423.23 Td (593,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.85 423.23 Td (350,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 423.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 626.20 423.18 Td (1,234,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 423.18 Td (488,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 746.85 423.18 Td (404,300) 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 (1,421,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.20 412.18 Td (1,388,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.80 412.18 Td (720,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 412.23 Td (1,206,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.80 412.18 Td (107,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 412.23 Td (361,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.85 412.23 Td (120,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 412.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 412.18 Td (588,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 412.18 Td (456,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 746.85 412.18 Td (161,300) 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 (540,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.85 401.18 Td (517,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.80 401.18 Td (276,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.80 401.18 Td (442,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.30 401.23 Td (36,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 401.23 Td (144,100) 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 591.45 401.18 Td (500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 401.18 Td (250,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 401.18 Td (123,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 751.30 401.18 Td (69,000) 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 (12,772,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.75 390.23 Td (12,562,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 390.23 Td (6,782,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.75 390.23 Td (12,631,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.20 390.23 Td (1,604,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.20 390.23 Td (3,585,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.85 390.23 Td (829,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 591.45 390.18 Td (500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 626.20 390.18 Td (6,019,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 683.20 390.18 Td (3,954,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 740.20 390.18 Td (2,658,100) 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 (12,908,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.75 363.23 Td (12,891,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 363.23 Td (5,115,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.75 363.23 Td (12,732,400) 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 (3,727,000) 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 596.75 363.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 626.20 363.18 Td (3,727,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 683.20 363.18 Td (4,694,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 740.20 363.18 Td (4,310,500) 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 (856,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.85 352.18 Td (772,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.80 352.18 Td (497,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.20 352.23 Td (1,094,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.30 352.23 Td (32,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.85 352.23 Td (311,200) 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 580.30 352.18 Td (22,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 632.85 352.18 Td (365,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 689.85 352.18 Td (371,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 746.85 352.18 Td (358,100) 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 (13,765,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.75 341.23 Td (13,663,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 341.23 Td (5,612,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.75 341.23 Td (13,827,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.30 341.23 Td (32,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.20 341.23 Td (4,038,200) 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 580.30 341.18 Td (22,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 626.20 341.18 Td (4,092,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 683.20 341.18 Td (5,066,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 740.20 341.18 Td (4,668,600) 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 192.45 308.18 Td (600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.45 308.18 Td (600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 292.65 308.18 Td (\(29,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.65 308.18 Td (\(26,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.65 308.18 Td (\(27,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.10 308.23 Td (\(1,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.80 308.18 Td (\)) 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 596.75 308.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 634.65 308.18 Td (\(29,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 661.80 308.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 705.45 308.18 Td (200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 755.75 308.18 Td (2,500) 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 (6,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.75 297.23 Td (6,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.75 297.23 Td (4,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 297.23 Td (13,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.05 297.18 Td (\(2,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 297.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.45 297.23 Td (600) 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 596.75 297.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 639.10 297.18 Td (\(1,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 661.80 297.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 698.75 297.18 Td (5,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 755.75 297.18 Td (9,300) 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 176.85 286.18 Td (103,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.85 286.18 Td (105,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.30 286.23 Td (26,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 286.23 Td (63,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.05 286.18 Td (\(9,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 286.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.30 286.23 Td (25,800) 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 596.75 286.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 637.30 286.18 Td (16,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 286.18 Td (32,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 751.30 286.18 Td (14,000) 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 (22,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 275.23 Td (21,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.75 275.23 Td (7,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 275.23 Td (37,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.65 275.18 Td (\(12,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 275.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.30 275.23 Td (17,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.75 275.18 Td (3,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 275.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 641.75 275.18 Td (8,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 275.18 Td (11,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 751.30 275.18 Td (17,000) 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 (76,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 264.23 Td (88,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.30 264.23 Td (36,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 264.23 Td (88,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.45 264.23 Td (100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.30 264.23 Td (12,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.30 264.18 Td (24,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 264.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 637.30 264.18 Td (37,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 264.18 Td (17,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 751.30 264.18 Td (33,700) 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 181.25 253.18 Td (10,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 253.23 Td (33,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.75 253.23 Td (2,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 253.23 Td (12,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.75 253.23 Td (8,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.75 253.23 Td (\(100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.80 253.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.75 253.18 Td (1,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 253.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 641.75 253.18 Td (9,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 698.75 253.18 Td (4,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 753.10 253.18 Td (\(1,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 775.80 253.18 Td (\)) 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 181.25 242.18 Td (20,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 242.23 Td (21,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.45 242.23 Td (600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.75 242.23 Td (7,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.75 242.23 Td (2,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.45 242.23 Td (600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.75 242.18 Td (1,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 242.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 641.75 242.18 Td (4,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 698.75 242.18 Td (1,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 762.45 242.18 Td (800) 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 (.........................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 176.85 231.18 Td (239,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.85 231.18 Td (277,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.30 231.23 Td (48,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.80 231.18 Td (196,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.65 231.18 Td (\(39,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 231.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.30 231.23 Td (55,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.30 231.18 Td (30,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 231.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 637.30 231.18 Td (46,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 231.18 Td (74,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 751.30 231.18 Td (75,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 204.18 Td (United Kingdom) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 79.55 204.18 Td (...............................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 176.85 204.18 Td (162,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.85 204.18 Td (166,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.30 204.23 Td (54,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.80 204.18 Td (126,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.75 204.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.45 204.23 Td (900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 204.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 204.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 648.45 204.18 Td (900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 204.18 Td (69,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 751.30 204.18 Td (56,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 21.00 193.18 Td (Ireland) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 48.45 193.18 Td (.............................................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 185.75 193.23 Td (2,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.75 193.23 Td (7,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.05 193.18 Td (\(6,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.80 193.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.65 193.18 Td (\(10,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.80 193.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.05 193.18 Td (\(1,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 193.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.10 193.23 Td (\(7,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.80 193.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 193.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 582.10 193.18 Td (\(1,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 604.80 193.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 634.65 193.18 Td (\(10,100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 661.80 193.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 702.75 193.18 Td (\(100) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 718.80 193.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 762.45 193.18 Td (200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 25.50 182.18 Td (Total Virgin Media) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 90.70 182.18 Td (..........................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 176.85 182.18 Td (165,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.85 182.18 Td (174,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.30 182.23 Td (48,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.80 182.18 Td (116,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.05 182.18 Td (\(1,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.80 182.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.10 182.23 Td (\(6,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.80 182.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 182.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 582.10 182.18 Td (\(1,700) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 604.80 182.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 639.10 182.18 Td (\(9,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 661.80 182.18 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 182.18 Td (69,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 751.30 182.18 Td (56,600) 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 16.5 158.908203125 m 97.56640625 158.908203125 l s q 0 0 0 rg BT 16.50 160.18 Td (Q4 2015 Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 16.50 149.18 Td (Q4 2015 U.K. adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 112.90 149.18 Td (................) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 181.25 149.18 Td (36,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 149.23 Td (36,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.75 149.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 149.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.75 149.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.75 149.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 149.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 149.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 653.75 149.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 710.75 149.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 767.75 149.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 16.50 138.18 Td (Q4 2015 Acquisitions - Poland) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 124.05 138.18 Td (...........) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 181.25 138.18 Td (16,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 138.23 Td (15,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.30 138.23 Td (19,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 138.23 Td (27,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.75 138.23 Td (1,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.30 138.23 Td (12,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 138.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 138.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 637.30 138.18 Td (13,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 694.30 138.18 Td (12,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 762.45 138.18 Td (900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 16.50 127.18 Td (Q4 2015 Acquisitions - Romania) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 132.90 127.18 Td (.......) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 181.25 127.18 Td (30,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 127.23 Td (30,900) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.30 127.23 Td (14,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 127.23 Td (17,800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.30 127.23 Td (11,400) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.45 127.23 Td (800) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 127.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 127.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 637.30 127.18 Td (12,200) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 698.75 127.18 Td (5,600) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 767.75 127.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 16.50 116.18 Td (Q4 2015 Hungary adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 126.25 116.18 Td (..........) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 185.75 116.23 Td (5,300) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.75 116.23 Td (4,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.75 116.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 116.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.75 116.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.75 116.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.75 116.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 596.75 116.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 653.75 116.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 710.75 116.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 767.75 116.18 Td () Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 75.80 0 0 47.00 666.15 552.50 cm /I95 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 BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 718.02 Td (1 ) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 53.84 718.02 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 714.20 Td (Customer ) Tj ET Q q 0 0 0 rg BT 104.56 714.20 Td (Relationships ) Tj ET Q q 0 0 0 rg BT 154.98 714.20 Td (are ) Tj ET Q q 0 0 0 rg BT 168.93 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 182.44 714.20 Td (number ) Tj ET Q q 0 0 0 rg BT 211.95 714.20 Td (of ) Tj ET Q q 0 0 0 rg BT 221.01 714.20 Td (customers ) Tj ET Q q 0 0 0 rg BT 260.30 714.20 Td (who ) Tj ET Q q 0 0 0 rg BT 277.36 714.20 Td (receive ) Tj ET Q q 0 0 0 rg BT 305.54 714.20 Td (at ) Tj ET Q q 0 0 0 rg BT 314.60 714.20 Td (least ) Tj ET Q q 0 0 0 rg BT 333.88 714.20 Td (one ) Tj ET Q q 0 0 0 rg BT 349.62 714.20 Td (of ) Tj ET Q q 0 0 0 rg BT 358.68 714.20 Td (our ) Tj ET Q q 0 0 0 rg BT 372.63 714.20 Td (video, ) Tj ET Q q 0 0 0 rg BT 396.36 714.20 Td (internet ) Tj ET Q q 0 0 0 rg BT 425.43 714.20 Td (or ) Tj ET Q q 0 0 0 rg BT 434.93 714.20 Td (telephony ) Tj ET Q q 0 0 0 rg BT 472.02 714.20 Td (services ) Tj ET Q q 0 0 0 rg BT 503.75 714.20 Td (that ) Tj ET Q q 0 0 0 rg BT 519.48 714.20 Td (we ) Tj ET Q q 0 0 0 rg BT 532.09 714.20 Td (count ) Tj ET Q q 0 0 0 rg BT 554.05 714.20 Td (as ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 704.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 101.65 704.60 Td (Generating ) Tj ET Q q 0 0 0 rg BT 143.36 704.60 Td (Units ) Tj ET Q q 0 0 0 rg BT 163.72 704.60 Td (\(RGUs\), ) Tj ET Q q 0 0 0 rg BT 200.51 704.60 Td (without ) Tj ET Q q 0 0 0 rg BT 227.98 704.60 Td (regard ) Tj ET Q q 0 0 0 rg BT 253.24 704.60 Td (to ) Tj ET Q q 0 0 0 rg BT 262.04 704.60 Td (which ) Tj ET Q q 0 0 0 rg BT 284.62 704.60 Td (or ) Tj ET Q q 0 0 0 rg BT 293.86 704.60 Td (to ) Tj ET Q q 0 0 0 rg BT 302.67 704.60 Td (how ) Tj ET Q q 0 0 0 rg BT 319.47 704.60 Td (many ) Tj ET Q q 0 0 0 rg BT 341.16 704.60 Td (services ) Tj ET Q q 0 0 0 rg BT 372.63 704.60 Td (they ) Tj ET Q q 0 0 0 rg BT 389.88 704.60 Td (subscribe. ) Tj ET Q q 0 0 0 rg BT 428.33 704.60 Td (T) Tj ET Q q 0 0 0 rg BT 432.33 704.60 Td (o ) Tj ET Q q 0 0 0 rg BT 438.91 704.60 Td (the ) Tj ET Q q 0 0 0 rg BT 452.16 704.60 Td (extent ) Tj ET Q q 0 0 0 rg BT 476.08 704.60 Td (that ) Tj ET Q q 0 0 0 rg BT 491.56 704.60 Td (RGU ) Tj ET Q q 0 0 0 rg BT 511.46 704.60 Td (counts ) Tj ET Q q 0 0 0 rg BT 537.16 704.60 Td (include ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 695.00 Td (equivalent ) Tj ET Q q 0 0 0 rg BT 105.81 695.00 Td (billing ) Tj ET Q q 0 0 0 rg BT 128.11 695.00 Td (unit ) Tj ET Q q 0 0 0 rg BT 142.85 695.00 Td (\(EBU\) ) Tj ET Q q 0 0 0 rg BT 171.80 695.00 Td (adjustments, ) Tj ET Q q 0 0 0 rg BT 218.99 695.00 Td (we ) Tj ET Q q 0 0 0 rg BT 231.06 695.00 Td (reflect ) Tj ET Q q 0 0 0 rg BT 254.69 695.00 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 307.23 695.00 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 352.20 695.00 Td (to ) Tj ET Q q 0 0 0 rg BT 360.71 695.00 Td (our ) Tj ET Q q 0 0 0 rg BT 374.12 695.00 Td (Customer ) Tj ET Q q 0 0 0 rg BT 410.63 695.00 Td (Relationship ) Tj ET Q q 0 0 0 rg BT 456.50 695.00 Td (counts. ) Tj ET Q q 0 0 0 rg BT 484.13 695.00 Td (For ) Tj ET Q q 0 0 0 rg BT 497.98 695.00 Td (further ) Tj ET Q q 0 0 0 rg BT 522.94 695.00 Td (information ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 685.40 Td (regarding ) Tj ET Q q 0 0 0 rg BT 103.48 685.40 Td (our ) Tj ET Q q 0 0 0 rg BT 117.23 685.40 Td (EBU ) Tj ET Q q 0 0 0 rg BT 135.86 685.40 Td (calculation, ) Tj ET Q q 0 0 0 rg BT 178.07 685.40 Td (see ) Tj ET Q q 0 0 0 rg BT 192.72 685.40 Td (Additional ) Tj ET Q q 0 0 0 rg BT 230.04 685.40 Td (General ) Tj ET Q q 0 0 0 rg BT 260.68 685.40 Td (Notes ) Tj ET Q q 0 0 0 rg BT 283.77 685.40 Td (to ) Tj ET Q q 0 0 0 rg BT 292.48 685.40 Td (T) Tj ET Q q 0 0 0 rg BT 296.48 685.40 Td (ables. ) Tj ET Q q 0 0 0 rg BT 320.01 685.40 Td (Customer ) Tj ET Q q 0 0 0 rg BT 356.87 685.40 Td (Relationships ) Tj ET Q q 0 0 0 rg BT 407.08 685.40 Td (generally ) Tj ET Q q 0 0 0 rg BT 441.73 685.40 Td (are ) Tj ET Q q 0 0 0 rg BT 455.48 685.40 Td (counted ) Tj ET Q q 0 0 0 rg BT 486.13 685.40 Td (on ) Tj ET Q q 0 0 0 rg BT 497.21 685.40 Td (a ) Tj ET Q q 0 0 0 rg BT 503.84 685.40 Td (unique ) Tj ET Q q 0 0 0 rg BT 530.05 685.40 Td (premises ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 675.80 Td (basis. ) Tj ET Q q 0 0 0 rg BT 90.02 675.80 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 130.78 675.80 Td (, ) Tj ET Q q 0 0 0 rg BT 135.02 675.80 Td (if ) Tj ET Q q 0 0 0 rg BT 141.04 675.80 Td (an ) Tj ET Q q 0 0 0 rg BT 151.96 675.80 Td (individual ) Tj ET Q q 0 0 0 rg BT 187.34 675.80 Td (receives ) Tj ET Q q 0 0 0 rg BT 219.15 675.80 Td (our ) Tj ET Q q 0 0 0 rg BT 232.73 675.80 Td (services ) Tj ET Q q 0 0 0 rg BT 264.09 675.80 Td (in ) Tj ET Q q 0 0 0 rg BT 272.34 675.80 Td (two ) Tj ET Q q 0 0 0 rg BT 286.81 675.80 Td (premises ) Tj ET Q q 0 0 0 rg BT 321.28 675.80 Td (\(e.g., ) Tj ET Q q 0 0 0 rg BT 341.53 675.80 Td (a ) Tj ET Q q 0 0 0 rg BT 348.00 675.80 Td (primary ) Tj ET Q q 0 0 0 rg BT 376.69 675.80 Td (home ) Tj ET Q q 0 0 0 rg BT 398.73 675.80 Td (and ) Tj ET Q q 0 0 0 rg BT 414.09 675.80 Td (a ) Tj ET Q q 0 0 0 rg BT 420.56 675.80 Td (vacation ) Tj ET Q q 0 0 0 rg BT 452.38 675.80 Td (home\), ) Tj ET Q q 0 0 0 rg BT 479.30 675.80 Td (that ) Tj ET Q q 0 0 0 rg BT 494.67 675.80 Td (individual ) Tj ET Q q 0 0 0 rg BT 530.04 675.80 Td (generally ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 666.20 Td (will ) Tj ET Q q 0 0 0 rg BT 80.83 666.20 Td (count ) Tj ET Q q 0 0 0 rg BT 102.63 666.20 Td (as ) Tj ET Q q 0 0 0 rg BT 113.30 666.20 Td (two ) Tj ET Q q 0 0 0 rg BT 127.97 666.20 Td (Customer ) Tj ET Q q 0 0 0 rg BT 164.87 666.20 Td (Relationships. ) Tj ET Q q 0 0 0 rg BT 217.34 666.20 Td (W) Tj ET Q q 0 0 0 rg BT 224.75 666.20 Td (e ) Tj ET Q q 0 0 0 rg BT 231.42 666.20 Td (exclude ) Tj ET Q q 0 0 0 rg BT 261.21 666.20 Td (mobile-only ) Tj ET Q q 0 0 0 rg BT 304.34 666.20 Td (customers ) Tj ET Q q 0 0 0 rg BT 343.46 666.20 Td (from ) Tj ET Q q 0 0 0 rg BT 361.69 666.20 Td (Customer ) Tj ET Q q 0 0 0 rg BT 398.59 666.20 Td (Relationships. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 654.42 Td (2 ) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 53.84 654.42 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 650.60 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 102.72 650.60 Td (Generating ) Tj ET Q q 0 0 0 rg BT 145.50 650.60 Td (Unit ) Tj ET Q q 0 0 0 rg BT 162.92 650.60 Td (or ) Tj ET Q q 0 0 0 rg BT 173.23 650.60 Td ("RGU" ) Tj ET Q q 0 0 0 rg BT 199.89 650.60 Td (is ) Tj ET Q q 0 0 0 rg BT 208.86 650.60 Td (separately ) Tj ET Q q 0 0 0 rg BT 248.97 650.60 Td (a ) Tj ET Q q 0 0 0 rg BT 256.62 650.60 Td (Basic ) Tj ET Q q 0 0 0 rg BT 279.38 650.60 Td (V) Tj ET Q q 0 0 0 rg BT 284.57 650.60 Td (ideo ) Tj ET Q q 0 0 0 rg BT 302.89 650.60 Td (Subscriber) Tj ET Q q 0 0 0 rg BT 340.69 650.60 Td (, ) Tj ET Q q 0 0 0 rg BT 346.11 650.60 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 385.34 650.60 Td (V) Tj ET Q q 0 0 0 rg BT 390.53 650.60 Td (ideo ) Tj ET Q q 0 0 0 rg BT 408.85 650.60 Td (Subscriber) Tj ET Q q 0 0 0 rg BT 446.65 650.60 Td (, ) Tj ET Q q 0 0 0 rg BT 452.07 650.60 Td (DTH ) Tj ET Q q 0 0 0 rg BT 471.71 650.60 Td (Subscriber) Tj ET Q q 0 0 0 rg BT 509.50 650.60 Td (, ) Tj ET Q q 0 0 0 rg BT 514.92 650.60 Td (Multi-channel ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 641.00 Td (Multipoint ) Tj ET Q q 0 0 0 rg BT 104.43 641.00 Td (\(microwave\) ) Tj ET Q q 0 0 0 rg BT 156.01 641.00 Td (Distribution ) Tj ET Q q 0 0 0 rg BT 198.71 641.00 Td (System ) Tj ET Q q 0 0 0 rg BT 228.07 641.00 Td (\(MMDS\) ) Tj ET Q q 0 0 0 rg BT 265.86 641.00 Td (Subscriber) Tj ET Q q 0 0 0 rg BT 303.66 641.00 Td (, ) Tj ET Q q 0 0 0 rg BT 308.57 641.00 Td (Internet ) Tj ET Q q 0 0 0 rg BT 338.39 641.00 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 379.32 641.00 Td (or ) Tj ET Q q 0 0 0 rg BT 388.95 641.00 Td (T) Tj ET Q q 0 0 0 rg BT 392.95 641.00 Td (elephony ) Tj ET Q q 0 0 0 rg BT 428.11 641.00 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 469.04 641.00 Td (\(as ) Tj ET Q q 0 0 0 rg BT 482.84 641.00 Td (defined ) Tj ET Q q 0 0 0 rg BT 511.78 641.00 Td (and ) Tj ET Q q 0 0 0 rg BT 527.82 641.00 Td (described ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 631.40 Td (below\). ) Tj ET Q q 0 0 0 rg BT 95.11 631.40 Td (A) Tj ET Q q 0 0 0 rg BT 100.00 631.40 Td ( ) Tj ET Q q 0 0 0 rg BT 102.28 631.40 Td (home, ) Tj ET Q q 0 0 0 rg BT 126.78 631.40 Td (residential ) Tj ET Q q 0 0 0 rg BT 165.52 631.40 Td (multiple ) Tj ET Q q 0 0 0 rg BT 195.36 631.40 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 226.53 631.40 Td (unit, ) Tj ET Q q 0 0 0 rg BT 243.93 631.40 Td (or ) Tj ET Q q 0 0 0 rg BT 253.31 631.40 Td (commercial ) Tj ET Q q 0 0 0 rg BT 296.48 631.40 Td (unit ) Tj ET Q q 0 0 0 rg BT 311.65 631.40 Td (may ) Tj ET Q q 0 0 0 rg BT 329.03 631.40 Td (contain ) Tj ET Q q 0 0 0 rg BT 357.10 631.40 Td (one ) Tj ET Q q 0 0 0 rg BT 372.72 631.40 Td (or ) Tj ET Q q 0 0 0 rg BT 382.10 631.40 Td (more ) Tj ET Q q 0 0 0 rg BT 402.60 631.40 Td (RGUs. ) Tj ET Q q 0 0 0 rg BT 428.87 631.40 Td (For ) Tj ET Q q 0 0 0 rg BT 443.14 631.40 Td (example, ) Tj ET Q q 0 0 0 rg BT 477.88 631.40 Td (if ) Tj ET Q q 0 0 0 rg BT 484.15 631.40 Td (a ) Tj ET Q q 0 0 0 rg BT 490.87 631.40 Td (residential ) Tj ET Q q 0 0 0 rg BT 529.61 631.40 Td (customer ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 621.80 Td (in ) Tj ET Q q 0 0 0 rg BT 76.75 621.80 Td (our ) Tj ET Q q 0 0 0 rg BT 90.74 621.80 Td (Austrian ) Tj ET Q q 0 0 0 rg BT 123.11 621.80 Td (market ) Tj ET Q q 0 0 0 rg BT 150.59 621.80 Td (subscribed ) Tj ET Q q 0 0 0 rg BT 192.30 621.80 Td (to ) Tj ET Q q 0 0 0 rg BT 202.00 621.80 Td (our ) Tj ET Q q 0 0 0 rg BT 216.59 621.80 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 254.76 621.80 Td (video ) Tj ET Q q 0 0 0 rg BT 276.91 621.80 Td (service, ) Tj ET Q q 0 0 0 rg BT 307.50 621.80 Td (telephony ) Tj ET Q q 0 0 0 rg BT 345.22 621.80 Td (service ) Tj ET Q q 0 0 0 rg BT 373.58 621.80 Td (and ) Tj ET Q q 0 0 0 rg BT 389.96 621.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 431.24 621.80 Td (internet ) Tj ET Q q 0 0 0 rg BT 460.95 621.80 Td (service, ) Tj ET Q q 0 0 0 rg BT 491.54 621.80 Td (the ) Tj ET Q q 0 0 0 rg BT 505.69 621.80 Td (customer ) Tj ET Q q 0 0 0 rg BT 541.61 621.80 Td (would ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 612.20 Td (constitute ) Tj ET Q q 0 0 0 rg BT 104.50 612.20 Td (three ) Tj ET Q q 0 0 0 rg BT 125.49 612.20 Td (RGUs. ) Tj ET Q q 0 0 0 rg BT 152.06 612.20 Td (T) Tj ET Q q 0 0 0 rg BT 156.06 612.20 Td (otal ) Tj ET Q q 0 0 0 rg BT 171.71 612.20 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 196.25 612.20 Td (is ) Tj ET Q q 0 0 0 rg BT 204.78 612.20 Td (the ) Tj ET Q q 0 0 0 rg BT 218.65 612.20 Td (sum ) Tj ET Q q 0 0 0 rg BT 236.52 612.20 Td (of ) Tj ET Q q 0 0 0 rg BT 245.95 612.20 Td (Basic ) Tj ET Q q 0 0 0 rg BT 268.26 612.20 Td (V) Tj ET Q q 0 0 0 rg BT 273.45 612.20 Td (ideo, ) Tj ET Q q 0 0 0 rg BT 293.56 612.20 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 332.34 612.20 Td (V) Tj ET Q q 0 0 0 rg BT 337.53 612.20 Td (ideo, ) Tj ET Q q 0 0 0 rg BT 357.64 612.20 Td (DTH, ) Tj ET Q q 0 0 0 rg BT 379.05 612.20 Td (MMDS, ) Tj ET Q q 0 0 0 rg BT 408.47 612.20 Td (Internet ) Tj ET Q q 0 0 0 rg BT 438.36 612.20 Td (and ) Tj ET Q q 0 0 0 rg BT 454.28 612.20 Td (T) Tj ET Q q 0 0 0 rg BT 458.28 612.20 Td (elephony ) Tj ET Q q 0 0 0 rg BT 493.51 612.20 Td (Subscribers. ) Tj ET Q q 0 0 0 rg BT 540.72 612.20 Td (RGUs ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 602.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 102.36 602.60 Td (are ) Tj ET Q q 0 0 0 rg BT 116.31 602.60 Td (counted ) Tj ET Q q 0 0 0 rg BT 147.17 602.60 Td (on ) Tj ET Q q 0 0 0 rg BT 158.46 602.60 Td (a ) Tj ET Q q 0 0 0 rg BT 165.30 602.60 Td (unique ) Tj ET Q q 0 0 0 rg BT 191.72 602.60 Td (premises ) Tj ET Q q 0 0 0 rg BT 226.56 602.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 247.63 602.60 Td (such ) Tj ET Q q 0 0 0 rg BT 266.92 602.60 Td (that ) Tj ET Q q 0 0 0 rg BT 282.66 602.60 Td (a ) Tj ET Q q 0 0 0 rg BT 289.50 602.60 Td (given ) Tj ET Q q 0 0 0 rg BT 311.02 602.60 Td (premises ) Tj ET Q q 0 0 0 rg BT 345.86 602.60 Td (does ) Tj ET Q q 0 0 0 rg BT 365.60 602.60 Td (not ) Tj ET Q q 0 0 0 rg BT 379.12 602.60 Td (count ) Tj ET Q q 0 0 0 rg BT 401.08 602.60 Td (as ) Tj ET Q q 0 0 0 rg BT 411.92 602.60 Td (more ) Tj ET Q q 0 0 0 rg BT 432.54 602.60 Td (than ) Tj ET Q q 0 0 0 rg BT 450.50 602.60 Td (one ) Tj ET Q q 0 0 0 rg BT 466.24 602.60 Td (RGU ) Tj ET Q q 0 0 0 rg BT 486.41 602.60 Td (for ) Tj ET Q q 0 0 0 rg BT 498.14 602.60 Td (any ) Tj ET Q q 0 0 0 rg BT 513.43 602.60 Td (given ) Tj ET Q q 0 0 0 rg BT 534.95 602.60 Td (service. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 593.00 Td (On ) Tj ET Q q 0 0 0 rg BT 80.15 593.00 Td (the ) Tj ET Q q 0 0 0 rg BT 93.25 593.00 Td (other ) Tj ET Q q 0 0 0 rg BT 113.46 593.00 Td (hand, ) Tj ET Q q 0 0 0 rg BT 135.46 593.00 Td (if ) Tj ET Q q 0 0 0 rg BT 141.43 593.00 Td (an ) Tj ET Q q 0 0 0 rg BT 152.31 593.00 Td (individual ) Tj ET Q q 0 0 0 rg BT 187.64 593.00 Td (receives ) Tj ET Q q 0 0 0 rg BT 219.41 593.00 Td (one ) Tj ET Q q 0 0 0 rg BT 234.74 593.00 Td (of ) Tj ET Q q 0 0 0 rg BT 243.38 593.00 Td (our ) Tj ET Q q 0 0 0 rg BT 256.92 593.00 Td (services ) Tj ET Q q 0 0 0 rg BT 288.24 593.00 Td (in ) Tj ET Q q 0 0 0 rg BT 296.45 593.00 Td (two ) Tj ET Q q 0 0 0 rg BT 310.87 593.00 Td (premises ) Tj ET Q q 0 0 0 rg BT 345.30 593.00 Td (\(e.g. ) Tj ET Q q 0 0 0 rg BT 363.29 593.00 Td (a ) Tj ET Q q 0 0 0 rg BT 369.72 593.00 Td (primary ) Tj ET Q q 0 0 0 rg BT 398.36 593.00 Td (home ) Tj ET Q q 0 0 0 rg BT 420.35 593.00 Td (and ) Tj ET Q q 0 0 0 rg BT 435.68 593.00 Td (a ) Tj ET Q q 0 0 0 rg BT 442.10 593.00 Td (vacation ) Tj ET Q q 0 0 0 rg BT 473.88 593.00 Td (home\), ) Tj ET Q q 0 0 0 rg BT 500.75 593.00 Td (that ) Tj ET Q q 0 0 0 rg BT 516.07 593.00 Td (individual ) Tj ET Q q 0 0 0 rg BT 551.41 593.00 Td (will ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 583.40 Td (count ) Tj ET Q q 0 0 0 rg BT 89.10 583.40 Td (as ) Tj ET Q q 0 0 0 rg BT 99.58 583.40 Td (two ) Tj ET Q q 0 0 0 rg BT 114.07 583.40 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 137.88 583.40 Td (for ) Tj ET Q q 0 0 0 rg BT 149.25 583.40 Td (that ) Tj ET Q q 0 0 0 rg BT 164.62 583.40 Td (service. ) Tj ET Q q 0 0 0 rg BT 194.22 583.40 Td (Each ) Tj ET Q q 0 0 0 rg BT 214.48 583.40 Td (bundled ) Tj ET Q q 0 0 0 rg BT 244.99 583.40 Td (cable, ) Tj ET Q q 0 0 0 rg BT 268.37 583.40 Td (internet ) Tj ET Q q 0 0 0 rg BT 297.09 583.40 Td (or ) Tj ET Q q 0 0 0 rg BT 306.23 583.40 Td (telephony ) Tj ET Q q 0 0 0 rg BT 342.96 583.40 Td (service ) Tj ET Q q 0 0 0 rg BT 370.33 583.40 Td (is ) Tj ET Q q 0 0 0 rg BT 378.14 583.40 Td (counted ) Tj ET Q q 0 0 0 rg BT 408.64 583.40 Td (as ) Tj ET Q q 0 0 0 rg BT 419.13 583.40 Td (a ) Tj ET Q q 0 0 0 rg BT 425.61 583.40 Td (separate ) Tj ET Q q 0 0 0 rg BT 458.77 583.40 Td (RGU ) Tj ET Q q 0 0 0 rg BT 478.58 583.40 Td (regardless ) Tj ET Q q 0 0 0 rg BT 517.97 583.40 Td (of ) Tj ET Q q 0 0 0 rg BT 526.67 583.40 Td (the ) Tj ET Q q 0 0 0 rg BT 539.83 583.40 Td (nature ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 573.80 Td (of ) Tj ET Q q 0 0 0 rg BT 76.13 573.80 Td (any ) Tj ET Q q 0 0 0 rg BT 90.98 573.80 Td (bundling ) Tj ET Q q 0 0 0 rg BT 123.18 573.80 Td (discount ) Tj ET Q q 0 0 0 rg BT 154.94 573.80 Td (or ) Tj ET Q q 0 0 0 rg BT 164.00 573.80 Td (promotion. ) Tj ET Q q 0 0 0 rg BT 203.75 573.80 Td (Non-paying ) Tj ET Q q 0 0 0 rg BT 246.62 573.80 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 289.48 573.80 Td (are ) Tj ET Q q 0 0 0 rg BT 303.00 573.80 Td (counted ) Tj ET Q q 0 0 0 rg BT 333.42 573.80 Td (as ) Tj ET Q q 0 0 0 rg BT 343.82 573.80 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 386.68 573.80 Td (during ) Tj ET Q q 0 0 0 rg BT 410.87 573.80 Td (their ) Tj ET Q q 0 0 0 rg BT 428.39 573.80 Td (free ) Tj ET Q q 0 0 0 rg BT 444.13 573.80 Td (promotional ) Tj ET Q q 0 0 0 rg BT 487.89 573.80 Td (service ) Tj ET Q q 0 0 0 rg BT 515.18 573.80 Td (period. ) Tj ET Q q 0 0 0 rg BT 541.60 573.80 Td (Some ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 564.20 Td (of ) Tj ET Q q 0 0 0 rg BT 76.31 564.20 Td (these ) Tj ET Q q 0 0 0 rg BT 98.01 564.20 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 141.05 564.20 Td (may ) Tj ET Q q 0 0 0 rg BT 158.30 564.20 Td (choose ) Tj ET Q q 0 0 0 rg BT 186.23 564.20 Td (to ) Tj ET Q q 0 0 0 rg BT 195.04 564.20 Td (disconnect ) Tj ET Q q 0 0 0 rg BT 235.42 564.20 Td (after ) Tj ET Q q 0 0 0 rg BT 253.56 564.20 Td (their ) Tj ET Q q 0 0 0 rg BT 271.26 564.20 Td (free ) Tj ET Q q 0 0 0 rg BT 287.18 564.20 Td (service ) Tj ET Q q 0 0 0 rg BT 314.65 564.20 Td (period. ) Tj ET Q q 0 0 0 rg BT 341.25 564.20 Td (Services ) Tj ET Q q 0 0 0 rg BT 374.06 564.20 Td (of) Tj ET Q q 0 0 0 rg BT 380.58 564.20 Td (fered ) Tj ET Q q 0 0 0 rg BT 400.95 564.20 Td (without ) Tj ET Q q 0 0 0 rg BT 428.44 564.20 Td (charge ) Tj ET Q q 0 0 0 rg BT 455.03 564.20 Td (on ) Tj ET Q q 0 0 0 rg BT 466.06 564.20 Td (a ) Tj ET Q q 0 0 0 rg BT 472.65 564.20 Td (long-term ) Tj ET Q q 0 0 0 rg BT 508.57 564.20 Td (basis ) Tj ET Q q 0 0 0 rg BT 529.38 564.20 Td (\(e.g., ) Tj ET Q q 0 0 0 rg BT 549.75 564.20 Td (VIP) Tj ET Q q 0 0 0 rg BT 562.50 564.20 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 554.60 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 112.20 554.60 Td (free ) Tj ET Q q 0 0 0 rg BT 127.57 554.60 Td (service ) Tj ET Q q 0 0 0 rg BT 154.48 554.60 Td (to ) Tj ET Q q 0 0 0 rg BT 162.73 554.60 Td (employees\) ) Tj ET Q q 0 0 0 rg BT 205.66 554.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 239.71 554.60 Td (are ) Tj ET Q q 0 0 0 rg BT 252.85 554.60 Td (not ) Tj ET Q q 0 0 0 rg BT 265.55 554.60 Td (counted ) Tj ET Q q 0 0 0 rg BT 295.59 554.60 Td (as ) Tj ET Q q 0 0 0 rg BT 305.62 554.60 Td (RGUs. ) Tj ET Q q 0 0 0 rg BT 331.20 554.60 Td (W) Tj ET Q q 0 0 0 rg BT 338.61 554.60 Td (e ) Tj ET Q q 0 0 0 rg BT 344.63 554.60 Td (do ) Tj ET Q q 0 0 0 rg BT 355.11 554.60 Td (not ) Tj ET Q q 0 0 0 rg BT 367.81 554.60 Td (include ) Tj ET Q q 0 0 0 rg BT 394.74 554.60 Td (subscriptions ) Tj ET Q q 0 0 0 rg BT 443.00 554.60 Td (to ) Tj ET Q q 0 0 0 rg BT 451.25 554.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 476.40 554.60 Td (services ) Tj ET Q q 0 0 0 rg BT 507.32 554.60 Td (in ) Tj ET Q q 0 0 0 rg BT 515.12 554.60 Td (our ) Tj ET Q q 0 0 0 rg BT 528.26 554.60 Td (externally ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 545.00 Td (reported ) Tj ET Q q 0 0 0 rg BT 100.39 545.00 Td (RGU ) Tj ET Q q 0 0 0 rg BT 121.26 545.00 Td (counts. ) Tj ET Q q 0 0 0 rg BT 150.14 545.00 Td (In ) Tj ET Q q 0 0 0 rg BT 159.91 545.00 Td (this ) Tj ET Q q 0 0 0 rg BT 175.45 545.00 Td (regard, ) Tj ET Q q 0 0 0 rg BT 203.89 545.00 Td (our ) Tj ET Q q 0 0 0 rg BT 218.54 545.00 Td (December ) Tj ET Q q 0 0 0 rg BT 258.54 545.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 272.75 545.00 Td (2015 ) Tj ET Q q 0 0 0 rg BT 293.64 545.00 Td (RGU ) Tj ET Q q 0 0 0 rg BT 314.51 545.00 Td (counts ) Tj ET Q q 0 0 0 rg BT 341.17 545.00 Td (exclude ) Tj ET Q q 0 0 0 rg BT 371.83 545.00 Td (our ) Tj ET Q q 0 0 0 rg BT 386.49 545.00 Td (separately ) Tj ET Q q 0 0 0 rg BT 426.49 545.00 Td (reported ) Tj ET Q q 0 0 0 rg BT 459.38 545.00 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 492.72 545.00 Td (and ) Tj ET Q q 0 0 0 rg BT 509.16 545.00 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 538.94 545.00 Td (mobile ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 535.40 Td (subscribers.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 523.62 Td (3 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 519.80 Td (Internet ) Tj ET Q q 0 0 0 rg BT 97.10 519.80 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 137.81 519.80 Td (is ) Tj ET Q q 0 0 0 rg BT 146.06 519.80 Td (a ) Tj ET Q q 0 0 0 rg BT 152.99 519.80 Td (home, ) Tj ET Q q 0 0 0 rg BT 177.69 519.80 Td (residential ) Tj ET Q q 0 0 0 rg BT 216.63 519.80 Td (multiple ) Tj ET Q q 0 0 0 rg BT 246.67 519.80 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 278.05 519.80 Td (unit ) Tj ET Q q 0 0 0 rg BT 293.42 519.80 Td (or ) Tj ET Q q 0 0 0 rg BT 303.01 519.80 Td (commercial ) Tj ET Q q 0 0 0 rg BT 346.38 519.80 Td (unit ) Tj ET Q q 0 0 0 rg BT 361.75 519.80 Td (that ) Tj ET Q q 0 0 0 rg BT 377.56 519.80 Td (receives ) Tj ET Q q 0 0 0 rg BT 409.83 519.80 Td (internet ) Tj ET Q q 0 0 0 rg BT 438.98 519.80 Td (services ) Tj ET Q q 0 0 0 rg BT 470.80 519.80 Td (over ) Tj ET Q q 0 0 0 rg BT 488.83 519.80 Td (our ) Tj ET Q q 0 0 0 rg BT 502.87 519.80 Td (networks, ) Tj ET Q q 0 0 0 rg BT 539.58 519.80 Td (or ) Tj ET Q q 0 0 0 rg BT 549.16 519.80 Td (that ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 510.20 Td (we ) Tj ET Q q 0 0 0 rg BT 80.06 510.20 Td (service ) Tj ET Q q 0 0 0 rg BT 107.72 510.20 Td (through ) Tj ET Q q 0 0 0 rg BT 137.19 510.20 Td (a ) Tj ET Q q 0 0 0 rg BT 143.96 510.20 Td (partner ) Tj ET Q q 0 0 0 rg BT 171.64 510.20 Td (network. ) Tj ET Q q 0 0 0 rg BT 204.21 510.20 Td (Our ) Tj ET Q q 0 0 0 rg BT 219.87 510.20 Td (Internet ) Tj ET Q q 0 0 0 rg BT 249.33 510.20 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 293.90 510.20 Td (exclude ) Tj ET Q q 0 0 0 rg BT 323.80 510.20 Td (53,000 ) Tj ET Q q 0 0 0 rg BT 350.60 510.20 Td (digital ) Tj ET Q q 0 0 0 rg BT 373.83 510.20 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 413.06 510.20 Td (line ) Tj ET Q q 0 0 0 rg BT 427.84 510.20 Td (\(DSL\) ) Tj ET Q q 0 0 0 rg BT 456.39 510.20 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 499.62 510.20 Td (within ) Tj ET Q q 0 0 0 rg BT 521.94 510.20 Td (Austria ) Tj ET Q q 0 0 0 rg BT 549.17 510.20 Td (that ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 500.60 Td (are ) Tj ET Q q 0 0 0 rg BT 82.02 500.60 Td (not ) Tj ET Q q 0 0 0 rg BT 96.09 500.60 Td (serviced ) Tj ET Q q 0 0 0 rg BT 128.83 500.60 Td (over ) Tj ET Q q 0 0 0 rg BT 147.35 500.60 Td (our ) Tj ET Q q 0 0 0 rg BT 161.87 500.60 Td (networks. ) Tj ET Q q 0 0 0 rg BT 199.06 500.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 215.35 500.60 Td (Internet ) Tj ET Q q 0 0 0 rg BT 245.43 500.60 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 290.62 500.60 Td (do ) Tj ET Q q 0 0 0 rg BT 302.47 500.60 Td (not ) Tj ET Q q 0 0 0 rg BT 316.55 500.60 Td (include ) Tj ET Q q 0 0 0 rg BT 344.86 500.60 Td (customers ) Tj ET Q q 0 0 0 rg BT 384.71 500.60 Td (that ) Tj ET Q q 0 0 0 rg BT 401.01 500.60 Td (receive ) Tj ET Q q 0 0 0 rg BT 429.75 500.60 Td (services ) Tj ET Q q 0 0 0 rg BT 462.04 500.60 Td (from ) Tj ET Q q 0 0 0 rg BT 481.00 500.60 Td (dial-up ) Tj ET Q q 0 0 0 rg BT 507.97 500.60 Td (connections. ) Tj ET Q q 0 0 0 rg BT 555.84 500.60 Td (In ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 491.00 Td (Switzerland, ) Tj ET Q q 0 0 0 rg BT 112.70 491.00 Td (we ) Tj ET Q q 0 0 0 rg BT 124.55 491.00 Td (of) Tj ET Q q 0 0 0 rg BT 131.08 491.00 Td (fer ) Tj ET Q q 0 0 0 rg BT 142.04 491.00 Td (a ) Tj ET Q q 0 0 0 rg BT 148.12 491.00 Td (2 ) Tj ET Q q 0 0 0 rg BT 154.20 491.00 Td (Mbps ) Tj ET Q q 0 0 0 rg BT 175.39 491.00 Td (internet ) Tj ET Q q 0 0 0 rg BT 203.70 491.00 Td (service ) Tj ET Q q 0 0 0 rg BT 230.66 491.00 Td (to ) Tj ET Q q 0 0 0 rg BT 238.96 491.00 Td (our ) Tj ET Q q 0 0 0 rg BT 252.15 491.00 Td (Basic ) Tj ET Q q 0 0 0 rg BT 273.34 491.00 Td (and ) Tj ET Q q 0 0 0 rg BT 288.32 491.00 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 325.97 491.00 Td (V) Tj ET Q q 0 0 0 rg BT 331.17 491.00 Td (ideo ) Tj ET Q q 0 0 0 rg BT 347.92 491.00 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 391.78 491.00 Td (without ) Tj ET Q q 0 0 0 rg BT 418.76 491.00 Td (an ) Tj ET Q q 0 0 0 rg BT 429.28 491.00 Td (incremental ) Tj ET Q q 0 0 0 rg BT 472.26 491.00 Td (recurring ) Tj ET Q q 0 0 0 rg BT 505.46 491.00 Td (fee. ) Tj ET Q q 0 0 0 rg BT 520.43 491.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 535.39 491.00 Td (Internet ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 481.40 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 111.96 481.40 Td (in ) Tj ET Q q 0 0 0 rg BT 120.41 481.40 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 163.98 481.40 Td (include ) Tj ET Q q 0 0 0 rg BT 191.56 481.40 Td (100,000 ) Tj ET Q q 0 0 0 rg BT 222.70 481.40 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 265.82 481.40 Td (who ) Tj ET Q q 0 0 0 rg BT 282.72 481.40 Td (have ) Tj ET Q q 0 0 0 rg BT 302.29 481.40 Td (requested ) Tj ET Q q 0 0 0 rg BT 340.10 481.40 Td (and ) Tj ET Q q 0 0 0 rg BT 355.67 481.40 Td (received ) Tj ET Q q 0 0 0 rg BT 388.13 481.40 Td (this ) Tj ET Q q 0 0 0 rg BT 402.80 481.40 Td (service.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 469.62 Td (4) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.39 465.80 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 465.80 Td (T) Tj ET Q q 0 0 0 rg BT 71.50 465.80 Td (elephony ) Tj ET Q q 0 0 0 rg BT 106.38 465.80 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 147.02 465.80 Td (is ) Tj ET Q q 0 0 0 rg BT 155.21 465.80 Td (a ) Tj ET Q q 0 0 0 rg BT 162.06 465.80 Td (home, ) Tj ET Q q 0 0 0 rg BT 186.70 465.80 Td (residential ) Tj ET Q q 0 0 0 rg BT 225.57 465.80 Td (multiple ) Tj ET Q q 0 0 0 rg BT 255.55 465.80 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 286.86 465.80 Td (unit ) Tj ET Q q 0 0 0 rg BT 302.16 465.80 Td (or ) Tj ET Q q 0 0 0 rg BT 311.68 465.80 Td (commercial ) Tj ET Q q 0 0 0 rg BT 354.98 465.80 Td (unit ) Tj ET Q q 0 0 0 rg BT 370.29 465.80 Td (that ) Tj ET Q q 0 0 0 rg BT 386.04 465.80 Td (receives ) Tj ET Q q 0 0 0 rg BT 418.23 465.80 Td (voice ) Tj ET Q q 0 0 0 rg BT 439.32 465.80 Td (services ) Tj ET Q q 0 0 0 rg BT 471.06 465.80 Td (over ) Tj ET Q q 0 0 0 rg BT 489.03 465.80 Td (our ) Tj ET Q q 0 0 0 rg BT 503.00 465.80 Td (networks, ) Tj ET Q q 0 0 0 rg BT 539.64 465.80 Td (or ) Tj ET Q q 0 0 0 rg BT 549.16 465.80 Td (that ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 456.20 Td (we ) Tj ET Q q 0 0 0 rg BT 80.75 456.20 Td (service ) Tj ET Q q 0 0 0 rg BT 109.12 456.20 Td (through ) Tj ET Q q 0 0 0 rg BT 139.27 456.20 Td (a ) Tj ET Q q 0 0 0 rg BT 146.75 456.20 Td (partner ) Tj ET Q q 0 0 0 rg BT 175.12 456.20 Td (network. ) Tj ET Q q 0 0 0 rg BT 208.18 456.20 Td (T) Tj ET Q q 0 0 0 rg BT 212.18 456.20 Td (elephony ) Tj ET Q q 0 0 0 rg BT 247.68 456.20 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 292.94 456.20 Td (exclude ) Tj ET Q q 0 0 0 rg BT 323.54 456.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 350.13 456.20 Td (telephony ) Tj ET Q q 0 0 0 rg BT 387.85 456.20 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 434.00 456.20 Td (Our ) Tj ET Q q 0 0 0 rg BT 450.17 456.20 Td (T) Tj ET Q q 0 0 0 rg BT 454.17 456.20 Td (elephony ) Tj ET Q q 0 0 0 rg BT 489.67 456.20 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 534.93 456.20 Td (exclude ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 446.60 Td (41,300 ) Tj ET Q q 0 0 0 rg BT 94.67 446.60 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 138.28 446.60 Td (within ) Tj ET Q q 0 0 0 rg BT 160.89 446.60 Td (Austria ) Tj ET Q q 0 0 0 rg BT 188.49 446.60 Td (that ) Tj ET Q q 0 0 0 rg BT 204.54 446.60 Td (are ) Tj ET Q q 0 0 0 rg BT 218.81 446.60 Td (not ) Tj ET Q q 0 0 0 rg BT 232.63 446.60 Td (serviced ) Tj ET Q q 0 0 0 rg BT 265.12 446.60 Td (over ) Tj ET Q q 0 0 0 rg BT 283.38 446.60 Td (our ) Tj ET Q q 0 0 0 rg BT 297.65 446.60 Td (networks. ) Tj ET Q q 0 0 0 rg BT 334.59 446.60 Td (In ) Tj ET Q q 0 0 0 rg BT 343.96 446.60 Td (Switzerland, ) Tj ET Q q 0 0 0 rg BT 390.24 446.60 Td (we ) Tj ET Q q 0 0 0 rg BT 403.16 446.60 Td (of) Tj ET Q q 0 0 0 rg BT 409.69 446.60 Td (fer ) Tj ET Q q 0 0 0 rg BT 421.73 446.60 Td (a ) Tj ET Q q 0 0 0 rg BT 428.88 446.60 Td (basic ) Tj ET Q q 0 0 0 rg BT 450.26 446.60 Td (phone ) Tj ET Q q 0 0 0 rg BT 475.21 446.60 Td (service ) Tj ET Q q 0 0 0 rg BT 503.25 446.60 Td (to ) Tj ET Q q 0 0 0 rg BT 512.62 446.60 Td (our ) Tj ET Q q 0 0 0 rg BT 526.89 446.60 Td (Basic ) Tj ET Q q 0 0 0 rg BT 549.15 446.60 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 437.00 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 105.47 437.00 Td (V) Tj ET Q q 0 0 0 rg BT 110.66 437.00 Td (ideo ) Tj ET Q q 0 0 0 rg BT 127.72 437.00 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 171.90 437.00 Td (without ) Tj ET Q q 0 0 0 rg BT 199.19 437.00 Td (an ) Tj ET Q q 0 0 0 rg BT 210.02 437.00 Td (incremental ) Tj ET Q q 0 0 0 rg BT 253.31 437.00 Td (recurring ) Tj ET Q q 0 0 0 rg BT 286.82 437.00 Td (fee. ) Tj ET Q q 0 0 0 rg BT 302.10 437.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 317.25 437.00 Td (T) Tj ET Q q 0 0 0 rg BT 321.25 437.00 Td (elephony ) Tj ET Q q 0 0 0 rg BT 355.66 437.00 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 399.84 437.00 Td (in ) Tj ET Q q 0 0 0 rg BT 408.00 437.00 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 451.29 437.00 Td (include ) Tj ET Q q 0 0 0 rg BT 478.58 437.00 Td (57,200 ) Tj ET Q q 0 0 0 rg BT 504.99 437.00 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 547.83 437.00 Td (who ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 427.40 Td (have ) Tj ET Q q 0 0 0 rg BT 87.07 427.40 Td (requested ) Tj ET Q q 0 0 0 rg BT 124.88 427.40 Td (and ) Tj ET Q q 0 0 0 rg BT 140.45 427.40 Td (received ) Tj ET Q q 0 0 0 rg BT 172.91 427.40 Td (this ) Tj ET Q q 0 0 0 rg BT 187.58 427.40 Td (service. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 415.62 Td (5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.39 411.80 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 411.80 Td (Customer ) Tj ET Q q 0 0 0 rg BT 103.71 411.80 Td (Churn ) Tj ET Q q 0 0 0 rg BT 127.03 411.80 Td (represents ) Tj ET Q q 0 0 0 rg BT 166.35 411.80 Td (the ) Tj ET Q q 0 0 0 rg BT 179.00 411.80 Td (rate ) Tj ET Q q 0 0 0 rg BT 194.32 411.80 Td (at ) Tj ET Q q 0 0 0 rg BT 202.52 411.80 Td (which ) Tj ET Q q 0 0 0 rg BT 224.50 411.80 Td (customers ) Tj ET Q q 0 0 0 rg BT 262.93 411.80 Td (relinquish ) Tj ET Q q 0 0 0 rg BT 298.71 411.80 Td (their ) Tj ET Q q 0 0 0 rg BT 315.80 411.80 Td (subscriptions. ) Tj ET Q q 0 0 0 rg BT 366.14 411.80 Td (The ) Tj ET Q q 0 0 0 rg BT 381.46 411.80 Td (annual ) Tj ET Q q 0 0 0 rg BT 407.01 411.80 Td (rolling ) Tj ET Q q 0 0 0 rg BT 429.88 411.80 Td (average ) Tj ET Q q 0 0 0 rg BT 460.32 411.80 Td (basis ) Tj ET Q q 0 0 0 rg BT 480.53 411.80 Td (is ) Tj ET Q q 0 0 0 rg BT 487.84 411.80 Td (calculated ) Tj ET Q q 0 0 0 rg BT 525.39 411.80 Td (by ) Tj ET Q q 0 0 0 rg BT 535.37 411.80 Td (dividing ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 402.20 Td (the ) Tj ET Q q 0 0 0 rg BT 80.94 402.20 Td (number ) Tj ET Q q 0 0 0 rg BT 110.37 402.20 Td (of ) Tj ET Q q 0 0 0 rg BT 119.36 402.20 Td (disconnects ) Tj ET Q q 0 0 0 rg BT 163.92 402.20 Td (during ) Tj ET Q q 0 0 0 rg BT 188.47 402.20 Td (the ) Tj ET Q q 0 0 0 rg BT 201.91 402.20 Td (preceding ) Tj ET Q q 0 0 0 rg BT 239.36 402.20 Td (12 ) Tj ET Q q 0 0 0 rg BT 250.57 402.20 Td (months ) Tj ET Q q 0 0 0 rg BT 279.12 402.20 Td (by ) Tj ET Q q 0 0 0 rg BT 289.88 402.20 Td (the ) Tj ET Q q 0 0 0 rg BT 303.32 402.20 Td (average ) Tj ET Q q 0 0 0 rg BT 334.54 402.20 Td (number ) Tj ET Q q 0 0 0 rg BT 363.98 402.20 Td (of ) Tj ET Q q 0 0 0 rg BT 372.97 402.20 Td (customer ) Tj ET Q q 0 0 0 rg BT 408.18 402.20 Td (relationships. ) Tj ET Q q 0 0 0 rg BT 457.63 402.20 Td (For ) Tj ET Q q 0 0 0 rg BT 471.94 402.20 Td (the ) Tj ET Q q 0 0 0 rg BT 485.38 402.20 Td (purpose ) Tj ET Q q 0 0 0 rg BT 516.60 402.20 Td (of ) Tj ET Q q 0 0 0 rg BT 525.59 402.20 Td (computing ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 392.60 Td (churn, ) Tj ET Q q 0 0 0 rg BT 92.05 392.60 Td (a ) Tj ET Q q 0 0 0 rg BT 98.81 392.60 Td (disconnect ) Tj ET Q q 0 0 0 rg BT 139.37 392.60 Td (is ) Tj ET Q q 0 0 0 rg BT 147.47 392.60 Td (deemed ) Tj ET Q q 0 0 0 rg BT 178.69 392.60 Td (to ) Tj ET Q q 0 0 0 rg BT 187.68 392.60 Td (have ) Tj ET Q q 0 0 0 rg BT 207.34 392.60 Td (occurred ) Tj ET Q q 0 0 0 rg BT 240.78 392.60 Td (if ) Tj ET Q q 0 0 0 rg BT 247.10 392.60 Td (the ) Tj ET Q q 0 0 0 rg BT 260.53 392.60 Td (customer ) Tj ET Q q 0 0 0 rg BT 295.75 392.60 Td (no ) Tj ET Q q 0 0 0 rg BT 306.96 392.60 Td (longer ) Tj ET Q q 0 0 0 rg BT 331.51 392.60 Td (receives ) Tj ET Q q 0 0 0 rg BT 363.62 392.60 Td (any ) Tj ET Q q 0 0 0 rg BT 378.83 392.60 Td (level ) Tj ET Q q 0 0 0 rg BT 397.60 392.60 Td (of ) Tj ET Q q 0 0 0 rg BT 406.58 392.60 Td (service ) Tj ET Q q 0 0 0 rg BT 434.24 392.60 Td (from ) Tj ET Q q 0 0 0 rg BT 452.55 392.60 Td (us ) Tj ET Q q 0 0 0 rg BT 463.32 392.60 Td (and ) Tj ET Q q 0 0 0 rg BT 478.98 392.60 Td (is ) Tj ET Q q 0 0 0 rg BT 487.07 392.60 Td (required ) Tj ET Q q 0 0 0 rg BT 518.74 392.60 Td (to ) Tj ET Q q 0 0 0 rg BT 527.73 392.60 Td (return ) Tj ET Q q 0 0 0 rg BT 550.94 392.60 Td (our ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 383.00 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 109.93 383.00 Td (A) Tj ET Q q 0 0 0 rg BT 114.82 383.00 Td ( ) Tj ET Q q 0 0 0 rg BT 118.37 383.00 Td (partial ) Tj ET Q q 0 0 0 rg BT 143.71 383.00 Td (product ) Tj ET Q q 0 0 0 rg BT 173.94 383.00 Td (downgrade, ) Tj ET Q q 0 0 0 rg BT 219.30 383.00 Td (typically ) Tj ET Q q 0 0 0 rg BT 251.30 383.00 Td (used ) Tj ET Q q 0 0 0 rg BT 272.20 383.00 Td (to ) Tj ET Q q 0 0 0 rg BT 282.42 383.00 Td (encourage ) Tj ET Q q 0 0 0 rg BT 323.77 383.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 364.22 383.00 Td (to ) Tj ET Q q 0 0 0 rg BT 374.44 383.00 Td (pay ) Tj ET Q q 0 0 0 rg BT 390.89 383.00 Td (an ) Tj ET Q q 0 0 0 rg BT 403.34 383.00 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 448.25 383.00 Td (bill ) Tj ET Q q 0 0 0 rg BT 461.58 383.00 Td (and ) Tj ET Q q 0 0 0 rg BT 478.48 383.00 Td (avoid ) Tj ET Q q 0 0 0 rg BT 501.15 383.00 Td (complete ) Tj ET Q q 0 0 0 rg BT 537.16 383.00 Td (service ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 373.40 Td (disconnection ) Tj ET Q q 0 0 0 rg BT 118.25 373.40 Td (is ) Tj ET Q q 0 0 0 rg BT 125.85 373.40 Td (not ) Tj ET Q q 0 0 0 rg BT 138.80 373.40 Td (considered ) Tj ET Q q 0 0 0 rg BT 179.76 373.40 Td (to ) Tj ET Q q 0 0 0 rg BT 188.26 373.40 Td (be ) Tj ET Q q 0 0 0 rg BT 198.98 373.40 Td (disconnected ) Tj ET Q q 0 0 0 rg BT 247.95 373.40 Td (for ) Tj ET Q q 0 0 0 rg BT 259.11 373.40 Td (purposes ) Tj ET Q q 0 0 0 rg BT 293.85 373.40 Td (of ) Tj ET Q q 0 0 0 rg BT 302.35 373.40 Td (our ) Tj ET Q q 0 0 0 rg BT 315.73 373.40 Td (churn ) Tj ET Q q 0 0 0 rg BT 337.57 373.40 Td (calculations. ) Tj ET Q q 0 0 0 rg BT 383.42 373.40 Td (Customers ) Tj ET Q q 0 0 0 rg BT 423.92 373.40 Td (who ) Tj ET Q q 0 0 0 rg BT 440.42 373.40 Td (move ) Tj ET Q q 0 0 0 rg BT 461.81 373.40 Td (within ) Tj ET Q q 0 0 0 rg BT 484.09 373.40 Td (our ) Tj ET Q q 0 0 0 rg BT 497.48 373.40 Td (cable ) Tj ET Q q 0 0 0 rg BT 518.43 373.40 Td (footprint ) Tj ET Q q 0 0 0 rg BT 549.16 373.40 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 363.80 Td (upgrades ) Tj ET Q q 0 0 0 rg BT 103.08 363.80 Td (and ) Tj ET Q q 0 0 0 rg BT 118.65 363.80 Td (downgrades ) Tj ET Q q 0 0 0 rg BT 164.46 363.80 Td (between ) Tj ET Q q 0 0 0 rg BT 196.93 363.80 Td (services ) Tj ET Q q 0 0 0 rg BT 228.49 363.80 Td (are ) Tj ET Q q 0 0 0 rg BT 242.28 363.80 Td (also ) Tj ET Q q 0 0 0 rg BT 259.18 363.80 Td (excluded ) Tj ET Q q 0 0 0 rg BT 293.42 363.80 Td (from ) Tj ET Q q 0 0 0 rg BT 311.64 363.80 Td (the ) Tj ET Q q 0 0 0 rg BT 324.99 363.80 Td (disconnect ) Tj ET Q q 0 0 0 rg BT 365.46 363.80 Td (figures ) Tj ET Q q 0 0 0 rg BT 391.69 363.80 Td (used ) Tj ET Q q 0 0 0 rg BT 411.26 363.80 Td (in ) Tj ET Q q 0 0 0 rg BT 419.71 363.80 Td (the ) Tj ET Q q 0 0 0 rg BT 433.05 363.80 Td (churn ) Tj ET Q q 0 0 0 rg BT 455.29 363.80 Td (calculation.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 352.02 Td (6) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.39 348.20 Td ( ) Tj ET Q q 0 0 0 rg BT 54.61 348.20 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 348.20 Td (For ) Tj ET Q q 0 0 0 rg BT 81.73 348.20 Td (purposes ) Tj ET Q q 0 0 0 rg BT 116.86 348.20 Td (of ) Tj ET Q q 0 0 0 rg BT 125.76 348.20 Td (calculating ) Tj ET Q q 0 0 0 rg BT 165.79 348.20 Td (rebased ) Tj ET Q q 0 0 0 rg BT 196.92 348.20 Td (growth ) Tj ET Q q 0 0 0 rg BT 223.16 348.20 Td (rates ) Tj ET Q q 0 0 0 rg BT 243.17 348.20 Td (on ) Tj ET Q q 0 0 0 rg BT 254.30 348.20 Td (a ) Tj ET Q q 0 0 0 rg BT 260.97 348.20 Td (comparable ) Tj ET Q q 0 0 0 rg BT 305.00 348.20 Td (basis, ) Tj ET Q q 0 0 0 rg BT 328.12 348.20 Td (we ) Tj ET Q q 0 0 0 rg BT 340.58 348.20 Td (have ) Tj ET Q q 0 0 0 rg BT 360.15 348.20 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 392.62 348.20 Td (the ) Tj ET Q q 0 0 0 rg BT 405.97 348.20 Td (historical ) Tj ET Q q 0 0 0 rg BT 439.76 348.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 470.90 348.20 Td (and ) Tj ET Q q 0 0 0 rg BT 486.47 348.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 520.72 348.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 539.83 348.20 Td (for ) Tj ET Q q 0 0 0 rg BT 551.39 348.20 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 338.60 Td (three ) Tj ET Q q 0 0 0 rg BT 88.10 338.60 Td (months ) Tj ET Q q 0 0 0 rg BT 116.70 338.60 Td (and ) Tj ET Q q 0 0 0 rg BT 132.41 338.60 Td (year ) Tj ET Q q 0 0 0 rg BT 150.34 338.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 174.95 338.60 Td (December ) Tj ET Q q 0 0 0 rg BT 214.22 338.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 227.71 338.60 Td (2014 ) Tj ET Q q 0 0 0 rg BT 247.87 338.60 Td (of ) Tj ET Q q 0 0 0 rg BT 256.91 338.60 Td (the ) Tj ET Q q 0 0 0 rg BT 270.40 338.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 308.79 338.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 346.28 338.60 Td (groups ) Tj ET Q q 0 0 0 rg BT 373.11 338.60 Td (to ) Tj ET Q q 0 0 0 rg BT 382.15 338.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 391.62 338.60 Td (in ) Tj ET Q q 0 0 0 rg BT 400.21 338.60 Td (the ) Tj ET Q q 0 0 0 rg BT 413.70 338.60 Td (case ) Tj ET Q q 0 0 0 rg BT 432.96 338.60 Td (of ) Tj ET Q q 0 0 0 rg BT 442.00 338.60 Td (the ) Tj ET Q q 0 0 0 rg BT 455.49 338.60 Td (V) Tj ET Q q 0 0 0 rg BT 460.68 338.60 Td (irgin ) Tj ET Q q 0 0 0 rg BT 478.16 338.60 Td (Media ) Tj ET Q q 0 0 0 rg BT 502.32 338.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 539.81 338.60 Td (group, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 329.00 Td (include ) Tj ET Q q 0 0 0 rg BT 95.35 329.00 Td (the ) Tj ET Q q 0 0 0 rg BT 108.97 329.00 Td (pre-acquisition ) Tj ET Q q 0 0 0 rg BT 163.50 329.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 194.91 329.00 Td (and ) Tj ET Q q 0 0 0 rg BT 210.76 329.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 245.27 329.00 Td (OCF ) Tj ET Q q 0 0 0 rg BT 264.66 329.00 Td (of ) Tj ET Q q 0 0 0 rg BT 273.83 329.00 Td (two ) Tj ET Q q 0 0 0 rg BT 288.78 329.00 Td (small ) Tj ET Q q 0 0 0 rg BT 309.95 329.00 Td (entities ) Tj ET Q q 0 0 0 rg BT 337.80 329.00 Td (acquired ) Tj ET Q q 0 0 0 rg BT 370.98 329.00 Td (during ) Tj ET Q q 0 0 0 rg BT 395.72 329.00 Td (2014 ) Tj ET Q q 0 0 0 rg BT 416.02 329.00 Td (and ) Tj ET Q q 0 0 0 rg BT 431.86 329.00 Td (2015 ) Tj ET Q q 0 0 0 rg BT 452.16 329.00 Td (in ) Tj ET Q q 0 0 0 rg BT 460.89 329.00 Td (our ) Tj ET Q q 0 0 0 rg BT 474.95 329.00 Td (rebased ) Tj ET Q q 0 0 0 rg BT 506.36 329.00 Td (amounts ) Tj ET Q q 0 0 0 rg BT 539.54 329.00 Td (for ) Tj ET Q q 0 0 0 rg BT 551.38 329.00 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 319.40 Td (three ) Tj ET Q q 0 0 0 rg BT 88.17 319.40 Td (months ) Tj ET Q q 0 0 0 rg BT 116.84 319.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 141.53 319.40 Td (December ) Tj ET Q q 0 0 0 rg BT 180.87 319.40 Td (31, ) Tj ET Q q 0 0 0 rg BT 194.43 319.40 Td (2014 ) Tj ET Q q 0 0 0 rg BT 214.66 319.40 Td (to ) Tj ET Q q 0 0 0 rg BT 223.77 319.40 Td (the ) Tj ET Q q 0 0 0 rg BT 237.33 319.40 Td (same ) Tj ET Q q 0 0 0 rg BT 259.33 319.40 Td (extent ) Tj ET Q q 0 0 0 rg BT 283.56 319.40 Td (that ) Tj ET Q q 0 0 0 rg BT 299.34 319.40 Td (the ) Tj ET Q q 0 0 0 rg BT 312.90 319.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 344.25 319.40 Td (and ) Tj ET Q q 0 0 0 rg BT 360.03 319.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 394.49 319.40 Td (OCF ) Tj ET Q q 0 0 0 rg BT 413.81 319.40 Td (of ) Tj ET Q q 0 0 0 rg BT 422.92 319.40 Td (such ) Tj ET Q q 0 0 0 rg BT 442.26 319.40 Td (entities ) Tj ET Q q 0 0 0 rg BT 470.04 319.40 Td (are ) Tj ET Q q 0 0 0 rg BT 484.04 319.40 Td (included ) Tj ET Q q 0 0 0 rg BT 516.28 319.40 Td (in ) Tj ET Q q 0 0 0 rg BT 524.95 319.40 Td (our ) Tj ET Q q 0 0 0 rg BT 538.95 319.40 Td (results ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 309.80 Td (for ) Tj ET Q q 0 0 0 rg BT 79.74 309.80 Td (the ) Tj ET Q q 0 0 0 rg BT 93.77 309.80 Td (three ) Tj ET Q q 0 0 0 rg BT 114.92 309.80 Td (months ) Tj ET Q q 0 0 0 rg BT 144.06 309.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 169.22 309.80 Td (December ) Tj ET Q q 0 0 0 rg BT 209.03 309.80 Td (31, ) Tj ET Q q 0 0 0 rg BT 223.06 309.80 Td (2015, ) Tj ET Q q 0 0 0 rg BT 245.98 309.80 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 257.78 309.80 Td (in ) Tj ET Q q 0 0 0 rg BT 266.91 309.80 Td (the ) Tj ET Q q 0 0 0 rg BT 280.94 309.80 Td (case ) Tj ET Q q 0 0 0 rg BT 300.75 309.80 Td (of ) Tj ET Q q 0 0 0 rg BT 310.33 309.80 Td (the ) Tj ET Q q 0 0 0 rg BT 324.36 309.80 Td (V) Tj ET Q q 0 0 0 rg BT 329.55 309.80 Td (irgin ) Tj ET Q q 0 0 0 rg BT 347.58 309.80 Td (Media ) Tj ET Q q 0 0 0 rg BT 372.27 309.80 Td (and ) Tj ET Q q 0 0 0 rg BT 388.53 309.80 Td (UPC ) Tj ET Q q 0 0 0 rg BT 408.33 309.80 Td (Holding ) Tj ET Q q 0 0 0 rg BT 438.37 309.80 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 476.40 309.80 Td (groups, ) Tj ET Q q 0 0 0 rg BT 506.00 309.80 Td (include ) Tj ET Q q 0 0 0 rg BT 534.26 309.80 Td (the ) Tj ET Q q 0 0 0 rg BT 548.29 309.80 Td (pre-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 300.20 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 107.73 300.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 139.08 300.20 Td (and ) Tj ET Q q 0 0 0 rg BT 154.86 300.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 189.31 300.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 208.63 300.20 Td (of ) Tj ET Q q 0 0 0 rg BT 217.74 300.20 Td (certain ) Tj ET Q q 0 0 0 rg BT 244.18 300.20 Td (entities ) Tj ET Q q 0 0 0 rg BT 271.96 300.20 Td (acquired ) Tj ET Q q 0 0 0 rg BT 305.08 300.20 Td (during ) Tj ET Q q 0 0 0 rg BT 329.75 300.20 Td (2014 ) Tj ET Q q 0 0 0 rg BT 349.98 300.20 Td (and ) Tj ET Q q 0 0 0 rg BT 365.76 300.20 Td (2015 ) Tj ET Q q 0 0 0 rg BT 385.99 300.20 Td (\(three ) Tj ET Q q 0 0 0 rg BT 409.33 300.20 Td (small ) Tj ET Q q 0 0 0 rg BT 430.43 300.20 Td (entities ) Tj ET Q q 0 0 0 rg BT 458.21 300.20 Td (in ) Tj ET Q q 0 0 0 rg BT 466.87 300.20 Td (the ) Tj ET Q q 0 0 0 rg BT 480.42 300.20 Td (V) Tj ET Q q 0 0 0 rg BT 485.61 300.20 Td (irgin ) Tj ET Q q 0 0 0 rg BT 503.16 300.20 Td (Media ) Tj ET Q q 0 0 0 rg BT 527.38 300.20 Td (borrowing ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 290.60 Td (group ) Tj ET Q q 0 0 0 rg BT 90.11 290.60 Td (and ) Tj ET Q q 0 0 0 rg BT 105.61 290.60 Td (one ) Tj ET Q q 0 0 0 rg BT 121.11 290.60 Td (small ) Tj ET Q q 0 0 0 rg BT 141.93 290.60 Td (entity ) Tj ET Q q 0 0 0 rg BT 163.20 290.60 Td (in ) Tj ET Q q 0 0 0 rg BT 171.58 290.60 Td (the ) Tj ET Q q 0 0 0 rg BT 184.85 290.60 Td (UPC ) Tj ET Q q 0 0 0 rg BT 203.89 290.60 Td (Holding ) Tj ET Q q 0 0 0 rg BT 233.17 290.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 270.45 290.60 Td (group\) ) Tj ET Q q 0 0 0 rg BT 295.73 290.60 Td (in ) Tj ET Q q 0 0 0 rg BT 304.10 290.60 Td (our ) Tj ET Q q 0 0 0 rg BT 317.82 290.60 Td (rebased ) Tj ET Q q 0 0 0 rg BT 348.88 290.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 381.71 290.60 Td (for ) Tj ET Q q 0 0 0 rg BT 393.20 290.60 Td (the ) Tj ET Q q 0 0 0 rg BT 406.47 290.60 Td (year ) Tj ET Q q 0 0 0 rg BT 424.18 290.60 Td (ended) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 446.43 290.60 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 448.58 290.60 Td (December ) Tj ET Q q 0 0 0 rg BT 487.63 290.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 500.91 290.60 Td (2014 ) Tj ET Q q 0 0 0 rg BT 520.85 290.60 Td (to ) Tj ET Q q 0 0 0 rg BT 529.68 290.60 Td (the ) Tj ET Q q 0 0 0 rg BT 542.95 290.60 Td (same ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 281.00 Td (extent ) Tj ET Q q 0 0 0 rg BT 91.48 281.00 Td (that ) Tj ET Q q 0 0 0 rg BT 107.01 281.00 Td (the ) Tj ET Q q 0 0 0 rg BT 120.32 281.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 151.42 281.00 Td (and ) Tj ET Q q 0 0 0 rg BT 166.96 281.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 201.17 281.00 Td (OCF ) Tj ET Q q 0 0 0 rg BT 220.24 281.00 Td (of ) Tj ET Q q 0 0 0 rg BT 229.11 281.00 Td (such ) Tj ET Q q 0 0 0 rg BT 248.19 281.00 Td (entities ) Tj ET Q q 0 0 0 rg BT 275.73 281.00 Td (are ) Tj ET Q q 0 0 0 rg BT 289.48 281.00 Td (included ) Tj ET Q q 0 0 0 rg BT 321.47 281.00 Td (in ) Tj ET Q q 0 0 0 rg BT 329.89 281.00 Td (our ) Tj ET Q q 0 0 0 rg BT 343.64 281.00 Td (results ) Tj ET Q q 0 0 0 rg BT 369.39 281.00 Td (for ) Tj ET Q q 0 0 0 rg BT 380.91 281.00 Td (the ) Tj ET Q q 0 0 0 rg BT 394.22 281.00 Td (year ) Tj ET Q q 0 0 0 rg BT 411.98 281.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 436.41 281.00 Td (December ) Tj ET Q q 0 0 0 rg BT 475.50 281.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 488.81 281.00 Td (2015, ) Tj ET Q q 0 0 0 rg BT 511.02 281.00 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 523.87 281.00 Td (in ) Tj ET Q q 0 0 0 rg BT 532.29 281.00 Td (the ) Tj ET Q q 0 0 0 rg BT 545.60 281.00 Td (case ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 271.40 Td (of ) Tj ET Q q 0 0 0 rg BT 76.34 271.40 Td (the ) Tj ET Q q 0 0 0 rg BT 89.62 271.40 Td (V) Tj ET Q q 0 0 0 rg BT 94.81 271.40 Td (irgin ) Tj ET Q q 0 0 0 rg BT 112.09 271.40 Td (Media ) Tj ET Q q 0 0 0 rg BT 136.05 271.40 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 173.34 271.40 Td (group, ) Tj ET Q q 0 0 0 rg BT 198.19 271.40 Td (exclude ) Tj ET Q q 0 0 0 rg BT 227.93 271.40 Td (the ) Tj ET Q q 0 0 0 rg BT 241.21 271.40 Td (pre-disposition ) Tj ET Q q 0 0 0 rg BT 295.40 271.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 326.48 271.40 Td (and ) Tj ET Q q 0 0 0 rg BT 341.99 271.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 376.17 271.40 Td (OCF ) Tj ET Q q 0 0 0 rg BT 395.22 271.40 Td (of ) Tj ET Q q 0 0 0 rg BT 404.06 271.40 Td ("of) Tj ET Q q 0 0 0 rg BT 413.43 271.40 Td (fnet" ) Tj ET Q q 0 0 0 rg BT 431.77 271.40 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 474.84 271.40 Td (in ) Tj ET Q q 0 0 0 rg BT 483.23 271.40 Td (V) Tj ET Q q 0 0 0 rg BT 488.42 271.40 Td (irgin ) Tj ET Q q 0 0 0 rg BT 505.70 271.40 Td (Media ) Tj ET Q q 0 0 0 rg BT 529.66 271.40 Td (that ) Tj ET Q q 0 0 0 rg BT 545.16 271.40 Td (were ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 261.80 Td (disposed ) Tj ET Q q 0 0 0 rg BT 101.95 261.80 Td (in ) Tj ET Q q 0 0 0 rg BT 110.61 261.80 Td (the ) Tj ET Q q 0 0 0 rg BT 124.15 261.80 Td (fourth ) Tj ET Q q 0 0 0 rg BT 147.04 261.80 Td (quarter ) Tj ET Q q 0 0 0 rg BT 174.81 261.80 Td (of ) Tj ET Q q 0 0 0 rg BT 183.91 261.80 Td (2014 ) Tj ET Q q 0 0 0 rg BT 204.14 261.80 Td (and ) Tj ET Q q 0 0 0 rg BT 219.91 261.80 Td (the ) Tj ET Q q 0 0 0 rg BT 233.46 261.80 Td (first ) Tj ET Q q 0 0 0 rg BT 248.78 261.80 Td (half ) Tj ET Q q 0 0 0 rg BT 264.10 261.80 Td (of ) Tj ET Q q 0 0 0 rg BT 273.20 261.80 Td (2015 ) Tj ET Q q 0 0 0 rg BT 295.65 261.80 Td (from ) Tj ET Q q 0 0 0 rg BT 314.08 261.80 Td (our ) Tj ET Q q 0 0 0 rg BT 328.07 261.80 Td (rebased ) Tj ET Q q 0 0 0 rg BT 359.41 261.80 Td (amounts ) Tj ET Q q 0 0 0 rg BT 392.52 261.80 Td (for ) Tj ET Q q 0 0 0 rg BT 404.28 261.80 Td (the ) Tj ET Q q 0 0 0 rg BT 417.83 261.80 Td (three ) Tj ET Q q 0 0 0 rg BT 438.49 261.80 Td (months ) Tj ET Q q 0 0 0 rg BT 467.15 261.80 Td (and ) Tj ET Q q 0 0 0 rg BT 482.93 261.80 Td (year ) Tj ET Q q 0 0 0 rg BT 500.92 261.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 525.59 261.80 Td (December ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 252.20 Td (31, ) Tj ET Q q 0 0 0 rg BT 81.43 252.20 Td (2014 ) Tj ET Q q 0 0 0 rg BT 102.03 252.20 Td (to ) Tj ET Q q 0 0 0 rg BT 111.51 252.20 Td (the ) Tj ET Q q 0 0 0 rg BT 125.43 252.20 Td (same ) Tj ET Q q 0 0 0 rg BT 147.80 252.20 Td (extent ) Tj ET Q q 0 0 0 rg BT 172.40 252.20 Td (that ) Tj ET Q q 0 0 0 rg BT 188.55 252.20 Td (the ) Tj ET Q q 0 0 0 rg BT 202.48 252.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 234.19 252.20 Td (and ) Tj ET Q q 0 0 0 rg BT 250.35 252.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 285.17 252.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 304.86 252.20 Td (of ) Tj ET Q q 0 0 0 rg BT 314.34 252.20 Td (these ) Tj ET Q q 0 0 0 rg BT 336.72 252.20 Td (disposed ) Tj ET Q q 0 0 0 rg BT 371.55 252.20 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 415.25 252.20 Td (is ) Tj ET Q q 0 0 0 rg BT 423.84 252.20 Td (excluded ) Tj ET Q q 0 0 0 rg BT 458.67 252.20 Td (from ) Tj ET Q q 0 0 0 rg BT 477.47 252.20 Td (our ) Tj ET Q q 0 0 0 rg BT 491.84 252.20 Td (results ) Tj ET Q q 0 0 0 rg BT 518.21 252.20 Td (for ) Tj ET Q q 0 0 0 rg BT 530.35 252.20 Td (the ) Tj ET Q q 0 0 0 rg BT 544.28 252.20 Td (three ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 242.60 Td (months ) Tj ET Q q 0 0 0 rg BT 95.80 242.60 Td (and ) Tj ET Q q 0 0 0 rg BT 111.22 242.60 Td (year ) Tj ET Q q 0 0 0 rg BT 128.85 242.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 153.17 242.60 Td (December ) Tj ET Q q 0 0 0 rg BT 192.14 242.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 205.33 242.60 Td (2015, ) Tj ET Q q 0 0 0 rg BT 227.42 242.60 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 240.60 242.60 Td (in ) Tj ET Q q 0 0 0 rg BT 248.89 242.60 Td (the ) Tj ET Q q 0 0 0 rg BT 262.08 242.60 Td (case ) Tj ET Q q 0 0 0 rg BT 281.05 242.60 Td (of ) Tj ET Q q 0 0 0 rg BT 289.79 242.60 Td (the ) Tj ET Q q 0 0 0 rg BT 302.99 242.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 325.07 242.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 362.27 242.60 Td (group, ) Tj ET Q q 0 0 0 rg BT 387.02 242.60 Td (exclude ) Tj ET Q q 0 0 0 rg BT 416.66 242.60 Td (the ) Tj ET Q q 0 0 0 rg BT 429.85 242.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 460.83 242.60 Td (and ) Tj ET Q q 0 0 0 rg BT 476.25 242.60 Td (Segment ) Tj ET Q q 0 0 0 rg BT 510.34 242.60 Td (OCF ) Tj ET Q q 0 0 0 rg BT 529.30 242.60 Td (related ) Tj ET Q q 0 0 0 rg BT 555.83 242.60 Td (to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 233.00 Td (a ) Tj ET Q q 0 0 0 rg BT 74.03 233.00 Td (partner ) Tj ET Q q 0 0 0 rg BT 101.45 233.00 Td (network ) Tj ET Q q 0 0 0 rg BT 131.54 233.00 Td (agreement ) Tj ET Q q 0 0 0 rg BT 171.86 233.00 Td (that ) Tj ET Q q 0 0 0 rg BT 187.28 233.00 Td (was ) Tj ET Q q 0 0 0 rg BT 203.59 233.00 Td (terminated ) Tj ET Q q 0 0 0 rg BT 243.46 233.00 Td (shortly ) Tj ET Q q 0 0 0 rg BT 269.10 233.00 Td (after ) Tj ET Q q 0 0 0 rg BT 287.19 233.00 Td (the ) Tj ET Q q 0 0 0 rg BT 300.38 233.00 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 322.06 233.00 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 362.83 233.00 Td (from ) Tj ET Q q 0 0 0 rg BT 380.90 233.00 Td (our ) Tj ET Q q 0 0 0 rg BT 394.54 233.00 Td (rebased ) Tj ET Q q 0 0 0 rg BT 425.53 233.00 Td (amounts ) Tj ET Q q 0 0 0 rg BT 458.29 233.00 Td (for ) Tj ET Q q 0 0 0 rg BT 469.70 233.00 Td (the ) Tj ET Q q 0 0 0 rg BT 482.90 233.00 Td (three ) Tj ET Q q 0 0 0 rg BT 503.21 233.00 Td (months ) Tj ET Q q 0 0 0 rg BT 531.52 233.00 Td (and ) Tj ET Q q 0 0 0 rg BT 546.95 233.00 Td (year ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 223.40 Td (ended ) Tj ET Q q 0 0 0 rg BT 92.01 223.40 Td (December ) Tj ET Q q 0 0 0 rg BT 131.18 223.40 Td (31, ) Tj ET Q q 0 0 0 rg BT 144.56 223.40 Td (2014 ) Tj ET Q q 0 0 0 rg BT 164.63 223.40 Td (to ) Tj ET Q q 0 0 0 rg BT 173.56 223.40 Td (the ) Tj ET Q q 0 0 0 rg BT 186.95 223.40 Td (same ) Tj ET Q q 0 0 0 rg BT 208.78 223.40 Td (extent ) Tj ET Q q 0 0 0 rg BT 232.84 223.40 Td (that ) Tj ET Q q 0 0 0 rg BT 248.44 223.40 Td (the ) Tj ET Q q 0 0 0 rg BT 261.83 223.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 293.01 223.40 Td (and ) Tj ET Q q 0 0 0 rg BT 308.62 223.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 342.90 223.40 Td (OCF ) Tj ET Q q 0 0 0 rg BT 362.06 223.40 Td (from ) Tj ET Q q 0 0 0 rg BT 380.32 223.40 Td (this ) Tj ET Q q 0 0 0 rg BT 395.04 223.40 Td (partner ) Tj ET Q q 0 0 0 rg BT 422.65 223.40 Td (network ) Tj ET Q q 0 0 0 rg BT 452.92 223.40 Td (is ) Tj ET Q q 0 0 0 rg BT 460.97 223.40 Td (excluded ) Tj ET Q q 0 0 0 rg BT 495.26 223.40 Td (from ) Tj ET Q q 0 0 0 rg BT 513.52 223.40 Td (our ) Tj ET Q q 0 0 0 rg BT 527.35 223.40 Td (results ) Tj ET Q q 0 0 0 rg BT 553.18 223.40 Td (for ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 213.80 Td (the) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 78.62 213.80 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 80.85 213.80 Td (three ) Tj ET Q q 0 0 0 rg BT 101.32 213.80 Td (months ) Tj ET Q q 0 0 0 rg BT 129.78 213.80 Td (and ) Tj ET Q q 0 0 0 rg BT 145.36 213.80 Td (year ) Tj ET Q q 0 0 0 rg BT 163.16 213.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 187.63 213.80 Td (December ) Tj ET Q q 0 0 0 rg BT 226.77 213.80 Td (31, ) Tj ET Q q 0 0 0 rg BT 240.12 213.80 Td (2015 ) Tj ET Q q 0 0 0 rg BT 260.15 213.80 Td (and ) Tj ET Q q 0 0 0 rg BT 275.73 213.80 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 287.29 213.80 Td (in ) Tj ET Q q 0 0 0 rg BT 295.75 213.80 Td (the ) Tj ET Q q 0 0 0 rg BT 309.10 213.80 Td (case ) Tj ET Q q 0 0 0 rg BT 328.23 213.80 Td (of ) Tj ET Q q 0 0 0 rg BT 337.13 213.80 Td (the ) Tj ET Q q 0 0 0 rg BT 350.48 213.80 Td (V) Tj ET Q q 0 0 0 rg BT 355.68 213.80 Td (irgin ) Tj ET Q q 0 0 0 rg BT 373.02 213.80 Td (Media ) Tj ET Q q 0 0 0 rg BT 397.04 213.80 Td (and ) Tj ET Q q 0 0 0 rg BT 412.62 213.80 Td (UPC ) Tj ET Q q 0 0 0 rg BT 431.75 213.80 Td (Holding ) Tj ET Q q 0 0 0 rg BT 461.11 213.80 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 498.47 213.80 Td (groups, ) Tj ET Q q 0 0 0 rg BT 527.38 213.80 Td (reflect ) Tj ET Q q 0 0 0 rg BT 551.40 213.80 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 204.20 Td (translation ) Tj ET Q q 0 0 0 rg BT 107.44 204.20 Td (of ) Tj ET Q q 0 0 0 rg BT 117.13 204.20 Td (our ) Tj ET Q q 0 0 0 rg BT 131.72 204.20 Td (rebased ) Tj ET Q q 0 0 0 rg BT 163.65 204.20 Td (amounts ) Tj ET Q q 0 0 0 rg BT 197.36 204.20 Td (for ) Tj ET Q q 0 0 0 rg BT 209.72 204.20 Td (the) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 220.84 204.20 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 223.87 204.20 Td (three ) Tj ET Q q 0 0 0 rg BT 245.13 204.20 Td (months ) Tj ET Q q 0 0 0 rg BT 274.39 204.20 Td (and ) Tj ET Q q 0 0 0 rg BT 290.76 204.20 Td (year ) Tj ET Q q 0 0 0 rg BT 309.35 204.20 Td (ended ) Tj ET Q q 0 0 0 rg BT 334.62 204.20 Td (December ) Tj ET Q q 0 0 0 rg BT 374.55 204.20 Td (31, ) Tj ET Q q 0 0 0 rg BT 388.69 204.20 Td (2014 ) Tj ET Q q 0 0 0 rg BT 409.51 204.20 Td (at ) Tj ET Q q 0 0 0 rg BT 419.21 204.20 Td (the ) Tj ET Q q 0 0 0 rg BT 433.36 204.20 Td (applicable ) Tj ET Q q 0 0 0 rg BT 472.41 204.20 Td (average ) Tj ET Q q 0 0 0 rg BT 504.34 204.20 Td (foreign ) Tj ET Q q 0 0 0 rg BT 531.83 204.20 Td (currency ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 194.60 Td (exchange ) Tj ET Q q 0 0 0 rg BT 104.66 194.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 124.92 194.60 Td (that ) Tj ET Q q 0 0 0 rg BT 140.73 194.60 Td (were ) Tj ET Q q 0 0 0 rg BT 160.54 194.60 Td (used ) Tj ET Q q 0 0 0 rg BT 180.35 194.60 Td (to ) Tj ET Q q 0 0 0 rg BT 189.49 194.60 Td (translate ) Tj ET Q q 0 0 0 rg BT 222.64 194.60 Td (our ) Tj ET Q q 0 0 0 rg BT 236.67 194.60 Td (results ) Tj ET Q q 0 0 0 rg BT 262.70 194.60 Td (for ) Tj ET Q q 0 0 0 rg BT 274.51 194.60 Td (the ) Tj ET Q q 0 0 0 rg BT 288.09 194.60 Td (three ) Tj ET Q q 0 0 0 rg BT 308.80 194.60 Td (months ) Tj ET Q q 0 0 0 rg BT 337.50 194.60 Td (and ) Tj ET Q q 0 0 0 rg BT 353.31 194.60 Td (year ) Tj ET Q q 0 0 0 rg BT 371.34 194.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 396.06 194.60 Td (December ) Tj ET Q q 0 0 0 rg BT 435.43 194.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 449.02 194.60 Td (2015. ) Tj ET Q q 0 0 0 rg BT 471.50 194.60 Td (For ) Tj ET Q q 0 0 0 rg BT 485.97 194.60 Td (further ) Tj ET Q q 0 0 0 rg BT 511.56 194.60 Td (information ) Tj ET Q q 0 0 0 rg BT 553.60 194.60 Td (on ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 185.00 Td (the ) Tj ET Q q 0 0 0 rg BT 81.53 185.00 Td (calculation ) Tj ET Q q 0 0 0 rg BT 122.23 185.00 Td (of ) Tj ET Q q 0 0 0 rg BT 131.81 185.00 Td (rebased ) Tj ET Q q 0 0 0 rg BT 163.63 185.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 190.54 185.00 Td (rates, ) Tj ET Q q 0 0 0 rg BT 213.46 185.00 Td (see ) Tj ET Q q 0 0 0 rg BT 229.26 185.00 Td (the ) Tj ET Q q 0 0 0 rg BT 243.29 185.00 Td (discussion ) Tj ET Q q 0 0 0 rg BT 283.54 185.00 Td (in ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 292.67 185.00 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 327.60 185.00 Td (and ) Tj ET Q q 0 0 0 rg BT 343.86 185.00 Td (Operating ) Tj ET Q q 0 0 0 rg BT 381.89 185.00 Td (Cash ) Tj ET Q q 0 0 0 rg BT 403.47 185.00 Td (Flow) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.37 185.00 Td ( ) Tj ET Q q 0 0 0 rg BT 423.27 185.00 Td (in ) Tj ET Q q 0 0 0 rg BT 432.40 185.00 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 459.32 185.00 Td (Global's ) Tj ET Q q 0 0 0 rg BT 490.88 185.00 Td (press ) Tj ET Q q 0 0 0 rg BT 513.34 185.00 Td (release ) Tj ET Q q 0 0 0 rg BT 542.49 185.00 Td (dated ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 175.40 Td (February) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 99.51 175.40 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 101.73 175.40 Td (15, ) Tj ET Q q 0 0 0 rg BT 115.08 175.40 Td (2016,) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 135.10 175.40 Td ( ) Tj ET Q q 0 0 0 rg BT 137.32 175.40 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 163.55 175.40 Td (Global ) Tj ET Q q 0 0 0 rg BT 188.90 175.40 Td (Reports ) Tj ET Q q 0 0 0 rg BT 219.14 175.40 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 242.25 175.40 Td (2015 ) Tj ET Q q 0 0 0 rg BT 262.27 175.40 Td (Results.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 163.62 Td (7) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 52.39 159.80 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 67.50 159.80 Td (Segment ) Tj ET Q q 0 0 0 rg BT 101.93 159.80 Td (OCF ) Tj ET Q q 0 0 0 rg BT 121.23 159.80 Td (is ) Tj ET Q q 0 0 0 rg BT 129.42 159.80 Td (the ) Tj ET Q q 0 0 0 rg BT 142.96 159.80 Td (primary ) Tj ET Q q 0 0 0 rg BT 172.04 159.80 Td (measure ) Tj ET Q q 0 0 0 rg BT 205.58 159.80 Td (used ) Tj ET Q q 0 0 0 rg BT 225.34 159.80 Td (by ) Tj ET Q q 0 0 0 rg BT 236.20 159.80 Td (our ) Tj ET Q q 0 0 0 rg BT 250.18 159.80 Td (chief ) Tj ET Q q 0 0 0 rg BT 269.49 159.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 305.26 159.80 Td (decision ) Tj ET Q q 0 0 0 rg BT 337.03 159.80 Td (maker ) Tj ET Q q 0 0 0 rg BT 361.67 159.80 Td (and ) Tj ET Q q 0 0 0 rg BT 377.43 159.80 Td (management ) Tj ET Q q 0 0 0 rg BT 426.54 159.80 Td (to ) Tj ET Q q 0 0 0 rg BT 435.63 159.80 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 468.28 159.80 Td (the ) Tj ET Q q 0 0 0 rg BT 481.82 159.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 517.59 159.80 Td (performance ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 150.20 Td (of ) Tj ET Q q 0 0 0 rg BT 76.53 150.20 Td (our ) Tj ET Q q 0 0 0 rg BT 90.45 150.20 Td (businesses. ) Tj ET Q q 0 0 0 rg BT 135.05 150.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 169.43 150.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 188.67 150.20 Td (is ) Tj ET Q q 0 0 0 rg BT 196.81 150.20 Td (also ) Tj ET Q q 0 0 0 rg BT 213.84 150.20 Td (a ) Tj ET Q q 0 0 0 rg BT 220.65 150.20 Td (key ) Tj ET Q q 0 0 0 rg BT 235.46 150.20 Td (factor ) Tj ET Q q 0 0 0 rg BT 257.82 150.20 Td (that ) Tj ET Q q 0 0 0 rg BT 273.52 150.20 Td (is ) Tj ET Q q 0 0 0 rg BT 281.66 150.20 Td (used ) Tj ET Q q 0 0 0 rg BT 301.36 150.20 Td (by ) Tj ET Q q 0 0 0 rg BT 312.17 150.20 Td (our ) Tj ET Q q 0 0 0 rg BT 326.09 150.20 Td (internal ) Tj ET Q q 0 0 0 rg BT 354.68 150.20 Td (decision ) Tj ET Q q 0 0 0 rg BT 386.39 150.20 Td (makers ) Tj ET Q q 0 0 0 rg BT 414.98 150.20 Td (to ) Tj ET Q q 0 0 0 rg BT 424.01 150.20 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 433.47 150.20 Td (determine ) Tj ET Q q 0 0 0 rg BT 471.40 150.20 Td (how ) Tj ET Q q 0 0 0 rg BT 488.43 150.20 Td (to ) Tj ET Q q 0 0 0 rg BT 497.46 150.20 Td (allocate ) Tj ET Q q 0 0 0 rg BT 527.39 150.20 Td (resources ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 140.60 Td (and ) Tj ET Q q 0 0 0 rg BT 83.29 140.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 94.62 140.60 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 127.31 140.60 Td (the ) Tj ET Q q 0 0 0 rg BT 140.88 140.60 Td (ef) Tj ET Q q 0 0 0 rg BT 147.41 140.60 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 189.87 140.60 Td (of ) Tj ET Q q 0 0 0 rg BT 198.99 140.60 Td (our ) Tj ET Q q 0 0 0 rg BT 213.00 140.60 Td (management ) Tj ET Q q 0 0 0 rg BT 262.14 140.60 Td (for ) Tj ET Q q 0 0 0 rg BT 273.92 140.60 Td (purposes ) Tj ET Q q 0 0 0 rg BT 309.27 140.60 Td (of ) Tj ET Q q 0 0 0 rg BT 318.39 140.60 Td (annual ) Tj ET Q q 0 0 0 rg BT 344.86 140.60 Td (and ) Tj ET Q q 0 0 0 rg BT 360.65 140.60 Td (other ) Tj ET Q q 0 0 0 rg BT 381.33 140.60 Td (incentive ) Tj ET Q q 0 0 0 rg BT 415.35 140.60 Td (compensation ) Tj ET Q q 0 0 0 rg BT 467.61 140.60 Td (plans. ) Tj ET Q q 0 0 0 rg BT 490.91 140.60 Td (As ) Tj ET Q q 0 0 0 rg BT 502.69 140.60 Td (we ) Tj ET Q q 0 0 0 rg BT 515.37 140.60 Td (use ) Tj ET Q q 0 0 0 rg BT 530.71 140.60 Td (the ) Tj ET Q q 0 0 0 rg BT 544.28 140.60 Td (term, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 131.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 102.93 131.00 Td (OCF ) Tj ET Q q 0 0 0 rg BT 123.23 131.00 Td (is ) Tj ET Q q 0 0 0 rg BT 132.42 131.00 Td (defined ) Tj ET Q q 0 0 0 rg BT 162.08 131.00 Td (as ) Tj ET Q q 0 0 0 rg BT 173.94 131.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 210.71 131.00 Td (income ) Tj ET Q q 0 0 0 rg BT 239.91 131.00 Td (before ) Tj ET Q q 0 0 0 rg BT 266.00 131.00 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 313.00 131.00 Td (and ) Tj ET Q q 0 0 0 rg BT 329.76 131.00 Td (amortization, ) Tj ET Q q 0 0 0 rg BT 378.97 131.00 Td (share-based ) Tj ET Q q 0 0 0 rg BT 426.85 131.00 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 482.30 131.00 Td (related-party ) Tj ET Q q 0 0 0 rg BT 530.62 131.00 Td (fees ) Tj ET Q q 0 0 0 rg BT 549.15 131.00 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 121.40 Td (allocations, ) Tj ET Q q 0 0 0 rg BT 110.11 121.40 Td (provisions ) Tj ET Q q 0 0 0 rg BT 148.72 121.40 Td (and ) Tj ET Q q 0 0 0 rg BT 164.65 121.40 Td (provision ) Tj ET Q q 0 0 0 rg BT 199.26 121.40 Td (releases ) Tj ET Q q 0 0 0 rg BT 232.08 121.40 Td (related ) Tj ET Q q 0 0 0 rg BT 259.13 121.40 Td (to ) Tj ET Q q 0 0 0 rg BT 268.39 121.40 Td (significant ) Tj ET Q q 0 0 0 rg BT 306.55 121.40 Td (litigation ) Tj ET Q q 0 0 0 rg BT 338.49 121.40 Td (and ) Tj ET Q q 0 0 0 rg BT 354.43 121.40 Td (impairment, ) Tj ET Q q 0 0 0 rg BT 398.81 121.40 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 445.86 121.40 Td (and ) Tj ET Q q 0 0 0 rg BT 461.79 121.40 Td (other ) Tj ET Q q 0 0 0 rg BT 482.62 121.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 518.56 121.40 Td (items. ) Tj ET Q q 0 0 0 rg BT 542.49 121.40 Td (Other ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 111.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 103.42 111.80 Td (items ) Tj ET Q q 0 0 0 rg BT 125.08 111.80 Td (include ) Tj ET Q q 0 0 0 rg BT 152.99 111.80 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 165.32 111.80 Td (gains ) Tj ET Q q 0 0 0 rg BT 187.00 111.80 Td (and ) Tj ET Q q 0 0 0 rg BT 202.91 111.80 Td (losses ) Tj ET Q q 0 0 0 rg BT 228.14 111.80 Td (on ) Tj ET Q q 0 0 0 rg BT 239.59 111.80 Td (the ) Tj ET Q q 0 0 0 rg BT 253.27 111.80 Td (disposition ) Tj ET Q q 0 0 0 rg BT 293.63 111.80 Td (of ) Tj ET Q q 0 0 0 rg BT 302.85 111.80 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 339.65 111.80 Td (assets, ) Tj ET Q q 0 0 0 rg BT 367.55 111.80 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 379.88 111.80 Td (third-party ) Tj ET Q q 0 0 0 rg BT 418.45 111.80 Td (costs ) Tj ET Q q 0 0 0 rg BT 439.68 111.80 Td (directly ) Tj ET Q q 0 0 0 rg BT 467.58 111.80 Td (associated ) Tj ET Q q 0 0 0 rg BT 508.38 111.80 Td (with ) Tj ET Q q 0 0 0 rg BT 525.16 111.80 Td (successful ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 102.20 Td (and ) Tj ET Q q 0 0 0 rg BT 82.47 102.20 Td (unsuccessful ) Tj ET Q q 0 0 0 rg BT 130.34 102.20 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 173.77 102.20 Td (and ) Tj ET Q q 0 0 0 rg BT 188.74 102.20 Td (dispositions, ) Tj ET Q q 0 0 0 rg BT 234.38 102.20 Td (including ) Tj ET Q q 0 0 0 rg BT 267.58 102.20 Td (legal, ) Tj ET Q q 0 0 0 rg BT 288.33 102.20 Td (advisory ) Tj ET Q q 0 0 0 rg BT 319.75 102.20 Td (and ) Tj ET Q q 0 0 0 rg BT 334.72 102.20 Td (due ) Tj ET Q q 0 0 0 rg BT 349.69 102.20 Td (diligence ) Tj ET Q q 0 0 0 rg BT 382.89 102.20 Td (fees, ) Tj ET Q q 0 0 0 rg BT 401.86 102.20 Td (as ) Tj ET Q q 0 0 0 rg BT 411.93 102.20 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 451.80 102.20 Td (and ) Tj ET Q q 0 0 0 rg BT 466.77 102.20 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 477.73 102.20 Td (other ) Tj ET Q q 0 0 0 rg BT 497.58 102.20 Td (acquisition-related ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 92.60 Td (items, ) Tj ET Q q 0 0 0 rg BT 90.86 92.60 Td (such ) Tj ET Q q 0 0 0 rg BT 109.78 92.60 Td (as ) Tj ET Q q 0 0 0 rg BT 120.25 92.60 Td (gains ) Tj ET Q q 0 0 0 rg BT 141.40 92.60 Td (and ) Tj ET Q q 0 0 0 rg BT 156.77 92.60 Td (losses ) Tj ET Q q 0 0 0 rg BT 181.47 92.60 Td (on ) Tj ET Q q 0 0 0 rg BT 192.39 92.60 Td (the ) Tj ET Q q 0 0 0 rg BT 205.54 92.60 Td (settlement ) Tj ET Q q 0 0 0 rg BT 244.46 92.60 Td (of ) Tj ET Q q 0 0 0 rg BT 253.16 92.60 Td (contingent ) Tj ET Q q 0 0 0 rg BT 292.10 92.60 Td (consideration. ) Tj ET Q q 0 0 0 rg BT 343.53 92.60 Td (As ) Tj ET Q q 0 0 0 rg BT 354.89 92.60 Td (further ) Tj ET Q q 0 0 0 rg BT 380.03 92.60 Td (described ) Tj ET Q q 0 0 0 rg BT 416.74 92.60 Td (in ) Tj ET Q q 0 0 0 rg BT 424.99 92.60 Td (footnote ) Tj ET Q q 0 0 0 rg BT 455.93 92.60 Td (20 ) Tj ET Q q 0 0 0 rg BT 466.85 92.60 Td (below) Tj ET Q q 0 0 0 rg BT 487.31 92.60 Td (, ) Tj ET Q q 0 0 0 rg BT 491.56 92.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 517.59 92.60 Td (related-party ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 83.00 Td (fees ) Tj ET Q q 0 0 0 rg BT 85.32 83.00 Td (and ) Tj ET Q q 0 0 0 rg BT 101.37 83.00 Td (allocations ) Tj ET Q q 0 0 0 rg BT 141.87 83.00 Td (are ) Tj ET Q q 0 0 0 rg BT 156.13 83.00 Td (included ) Tj ET Q q 0 0 0 rg BT 188.63 83.00 Td (in ) Tj ET Q q 0 0 0 rg BT 197.56 83.00 Td (the ) Tj ET Q q 0 0 0 rg BT 211.38 83.00 Td (calculation ) Tj ET Q q 0 0 0 rg BT 251.88 83.00 Td (of ) Tj ET Q q 0 0 0 rg BT 261.25 83.00 Td (the ) Tj ET Q q 0 0 0 rg BT 275.08 83.00 Td (EBITDA ) Tj ET Q q 0 0 0 rg BT 312.00 83.00 Td (metric ) Tj ET Q q 0 0 0 rg BT 336.48 83.00 Td (specified ) Tj ET Q q 0 0 0 rg BT 370.75 83.00 Td (by ) Tj ET Q q 0 0 0 rg BT 381.90 83.00 Td (the ) Tj ET Q q 0 0 0 rg BT 395.72 83.00 Td (applicable ) Tj ET Q q 0 0 0 rg BT 434.45 83.00 Td (debt ) Tj ET Q q 0 0 0 rg BT 452.72 83.00 Td (agreements ) Tj ET Q q 0 0 0 rg BT 497.67 83.00 Td (of ) Tj ET Q q 0 0 0 rg BT 507.04 83.00 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 533.75 83.00 Td (Global) Tj ET Q q 0 0 0 rg BT 558.51 83.00 Td (s ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 73.40 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 113.27 73.40 Td (Our ) Tj ET Q q 0 0 0 rg BT 127.90 73.40 Td (internal ) Tj ET Q q 0 0 0 rg BT 155.44 73.40 Td (decision ) Tj ET Q q 0 0 0 rg BT 186.10 73.40 Td (makers ) Tj ET Q q 0 0 0 rg BT 213.62 73.40 Td (believe ) Tj ET Q q 0 0 0 rg BT 240.28 73.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 274.94 73.40 Td (cash ) Tj ET Q q 0 0 0 rg BT 293.14 73.40 Td (flow ) Tj ET Q q 0 0 0 rg BT 308.66 73.40 Td (is ) Tj ET Q q 0 0 0 rg BT 315.74 73.40 Td (a ) Tj ET Q q 0 0 0 rg BT 321.49 73.40 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 361.93 73.40 Td (measure ) Tj ET Q q 0 0 0 rg BT 394.36 73.40 Td (and ) Tj ET Q q 0 0 0 rg BT 409.01 73.40 Td (is ) Tj ET Q q 0 0 0 rg BT 416.09 73.40 Td (superior ) Tj ET Q q 0 0 0 rg BT 446.29 73.40 Td (to ) Tj ET Q q 0 0 0 rg BT 454.26 73.40 Td (available ) Tj ET Q q 0 0 0 rg BT 487.14 73.40 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 504.00 73.40 Td (GAAP) Tj ET Q q 0 0 0 rg BT 526.09 73.40 Td ( ) Tj ET Q q 0 0 0 rg BT 527.39 73.40 Td (measures ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 63.80 Td (because ) Tj ET Q q 0 0 0 rg BT 101.31 63.80 Td (it ) Tj ET Q q 0 0 0 rg BT 108.88 63.80 Td (represents ) Tj ET Q q 0 0 0 rg BT 150.25 63.80 Td (a ) Tj ET Q q 0 0 0 rg BT 158.26 63.80 Td (transparent ) Tj ET Q q 0 0 0 rg BT 202.30 63.80 Td (view ) Tj ET Q q 0 0 0 rg BT 221.87 63.80 Td (of ) Tj ET Q q 0 0 0 rg BT 232.11 63.80 Td (our ) Tj ET Q q 0 0 0 rg BT 247.24 63.80 Td (recurring ) Tj ET Q q 0 0 0 rg BT 282.38 63.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 319.30 63.80 Td (performance ) Tj ET Q q 0 0 0 rg BT 367.78 63.80 Td (that ) Tj ET Q q 0 0 0 rg BT 384.69 63.80 Td (is ) Tj ET Q q 0 0 0 rg BT 394.04 63.80 Td (unaf) Tj ET Q q 0 0 0 rg BT 409.46 63.80 Td (fected ) Tj ET Q q 0 0 0 rg BT 434.83 63.80 Td (by ) Tj ET Q q 0 0 0 rg BT 446.84 63.80 Td (our ) Tj ET Q q 0 0 0 rg BT 461.97 63.80 Td (capital ) Tj ET Q q 0 0 0 rg BT 488.67 63.80 Td (structure ) Tj ET Q q 0 0 0 rg BT 523.35 63.80 Td (and ) Tj ET Q q 0 0 0 rg BT 540.27 63.80 Td (allows ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 54.20 Td (management ) Tj ET Q q 0 0 0 rg BT 117.18 54.20 Td (to ) Tj ET Q q 0 0 0 rg BT 126.84 54.20 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 139.60 54.20 Td (readily ) Tj ET Q q 0 0 0 rg BT 166.16 54.20 Td (view ) Tj ET Q q 0 0 0 rg BT 185.15 54.20 Td (operating ) Tj ET Q q 0 0 0 rg BT 221.50 54.20 Td (trends, ) Tj ET Q q 0 0 0 rg BT 248.94 54.20 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 261.70 54.20 Td (perform ) Tj ET Q q 0 0 0 rg BT 292.25 54.20 Td (analytical ) Tj ET Q q 0 0 0 rg BT 328.59 54.20 Td (comparisons ) Tj ET Q q 0 0 0 rg BT 376.93 54.20 Td (and ) Tj ET Q q 0 0 0 rg BT 393.26 54.20 Td (benchmarking ) Tj ET Q q 0 0 0 rg BT 446.50 54.20 Td (between ) Tj ET Q q 0 0 0 rg BT 479.73 54.20 Td (entities ) Tj ET Q q 0 0 0 rg BT 508.07 54.20 Td (and ) Tj ET Q q 0 0 0 rg BT 524.40 54.20 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 537.17 54.20 Td (identify ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 44.60 Td (strategies ) Tj ET Q q 0 0 0 rg BT 104.78 44.60 Td (to ) Tj ET Q q 0 0 0 rg BT 114.05 44.60 Td (improve ) Tj ET Q q 0 0 0 rg BT 145.10 44.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 181.06 44.60 Td (performance ) Tj ET Q q 0 0 0 rg BT 228.56 44.60 Td (in ) Tj ET Q q 0 0 0 rg BT 237.39 44.60 Td (the ) Tj ET Q q 0 0 0 rg BT 251.11 44.60 Td (dif) Tj ET Q q 0 0 0 rg BT 259.41 44.60 Td (ferent ) Tj ET Q q 0 0 0 rg BT 282.46 44.60 Td (countries ) Tj ET Q q 0 0 0 rg BT 317.52 44.60 Td (in ) Tj ET Q q 0 0 0 rg BT 326.35 44.60 Td (which ) Tj ET Q q 0 0 0 rg BT 349.40 44.60 Td (we ) Tj ET Q q 0 0 0 rg BT 362.22 44.60 Td (operate. ) Tj ET Q q 0 0 0 rg BT 394.17 44.60 Td (W) Tj ET Q q 0 0 0 rg BT 401.58 44.60 Td (e ) Tj ET Q q 0 0 0 rg BT 408.63 44.60 Td (believe ) Tj ET Q q 0 0 0 rg BT 436.57 44.60 Td (our ) Tj ET Q q 0 0 0 rg BT 450.73 44.60 Td (operating ) Tj ET Q q 0 0 0 rg BT 486.69 44.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 506.19 44.60 Td (flow ) Tj ET Q q 0 0 0 rg BT 523.01 44.60 Td (measure ) Tj ET Q q 0 0 0 rg BT 556.73 44.60 Td (is ) Tj ET Q /GS0 gs q 75.80 0 0 47.00 486.15 732.50 cm /I96 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 q 0 0 0 rg BT 67.50 714.20 Td (useful ) Tj ET Q q 0 0 0 rg BT 91.52 714.20 Td (to ) Tj ET Q q 0 0 0 rg BT 100.86 714.20 Td (investors ) Tj ET Q q 0 0 0 rg BT 135.54 714.20 Td (because ) Tj ET Q q 0 0 0 rg BT 168.46 714.20 Td (it ) Tj ET Q q 0 0 0 rg BT 175.13 714.20 Td (is ) Tj ET Q q 0 0 0 rg BT 183.58 714.20 Td (one ) Tj ET Q q 0 0 0 rg BT 199.60 714.20 Td (of ) Tj ET Q q 0 0 0 rg BT 208.94 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 222.73 714.20 Td (bases ) Tj ET Q q 0 0 0 rg BT 246.75 714.20 Td (for ) Tj ET Q q 0 0 0 rg BT 258.76 714.20 Td (comparing ) Tj ET Q q 0 0 0 rg BT 298.78 714.20 Td (our ) Tj ET Q q 0 0 0 rg BT 313.01 714.20 Td (performance ) Tj ET Q q 0 0 0 rg BT 360.60 714.20 Td (with ) Tj ET Q q 0 0 0 rg BT 377.49 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 391.29 714.20 Td (performance ) Tj ET Q q 0 0 0 rg BT 438.87 714.20 Td (of ) Tj ET Q q 0 0 0 rg BT 448.21 714.20 Td (other ) Tj ET Q q 0 0 0 rg BT 469.11 714.20 Td (companies ) Tj ET Q q 0 0 0 rg BT 510.47 714.20 Td (in ) Tj ET Q q 0 0 0 rg BT 519.37 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 533.16 714.20 Td (same ) Tj ET Q q 0 0 0 rg BT 555.40 714.20 Td (or ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 704.60 Td (similar ) Tj ET Q q 0 0 0 rg BT 92.72 704.60 Td (industries, ) Tj ET Q q 0 0 0 rg BT 131.29 704.60 Td (although ) Tj ET Q q 0 0 0 rg BT 164.10 704.60 Td (our ) Tj ET Q q 0 0 0 rg BT 177.78 704.60 Td (measure ) Tj ET Q q 0 0 0 rg BT 211.01 704.60 Td (may ) Tj ET Q q 0 0 0 rg BT 228.24 704.60 Td (not ) Tj ET Q q 0 0 0 rg BT 241.47 704.60 Td (be ) Tj ET Q q 0 0 0 rg BT 252.48 704.60 Td (directly ) Tj ET Q q 0 0 0 rg BT 279.93 704.60 Td (comparable ) Tj ET Q q 0 0 0 rg BT 323.84 704.60 Td (to ) Tj ET Q q 0 0 0 rg BT 332.63 704.60 Td (similar ) Tj ET Q q 0 0 0 rg BT 357.85 704.60 Td (measures ) Tj ET Q q 0 0 0 rg BT 395.09 704.60 Td (used ) Tj ET Q q 0 0 0 rg BT 414.55 704.60 Td (by ) Tj ET Q q 0 0 0 rg BT 425.11 704.60 Td (other ) Tj ET Q q 0 0 0 rg BT 445.45 704.60 Td (public ) Tj ET Q q 0 0 0 rg BT 468.47 704.60 Td (companies. ) Tj ET Q q 0 0 0 rg BT 511.49 704.60 Td (Segment ) Tj ET Q q 0 0 0 rg BT 545.62 704.60 Td (OCF ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 695.00 Td (should ) Tj ET Q q 0 0 0 rg BT 93.26 695.00 Td (be ) Tj ET Q q 0 0 0 rg BT 104.34 695.00 Td (viewed ) Tj ET Q q 0 0 0 rg BT 131.43 695.00 Td (as ) Tj ET Q q 0 0 0 rg BT 142.07 695.00 Td (a ) Tj ET Q q 0 0 0 rg BT 148.70 695.00 Td (measure ) Tj ET Q q 0 0 0 rg BT 182.01 695.00 Td (of ) Tj ET Q q 0 0 0 rg BT 190.87 695.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 226.41 695.00 Td (performance ) Tj ET Q q 0 0 0 rg BT 273.51 695.00 Td (that ) Tj ET Q q 0 0 0 rg BT 289.04 695.00 Td (is ) Tj ET Q q 0 0 0 rg BT 297.00 695.00 Td (a ) Tj ET Q q 0 0 0 rg BT 303.64 695.00 Td (supplement ) Tj ET Q q 0 0 0 rg BT 347.18 695.00 Td (to, ) Tj ET Q q 0 0 0 rg BT 358.26 695.00 Td (and ) Tj ET Q q 0 0 0 rg BT 373.79 695.00 Td (not ) Tj ET Q q 0 0 0 rg BT 387.10 695.00 Td (a ) Tj ET Q q 0 0 0 rg BT 393.74 695.00 Td (substitute ) Tj ET Q q 0 0 0 rg BT 430.16 695.00 Td (for) Tj ET Q q 0 0 0 rg BT 439.06 695.00 Td (, ) Tj ET Q q 0 0 0 rg BT 443.47 695.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 479.01 695.00 Td (income, ) Tj ET Q q 0 0 0 rg BT 509.21 695.00 Td (net ) Tj ET Q q 0 0 0 rg BT 522.52 695.00 Td (earnings ) Tj ET Q q 0 0 0 rg BT 555.39 695.00 Td (or ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 685.40 Td (loss, ) Tj ET Q q 0 0 0 rg BT 85.73 685.40 Td (cash ) Tj ET Q q 0 0 0 rg BT 104.42 685.40 Td (flow ) Tj ET Q q 0 0 0 rg BT 120.43 685.40 Td (from ) Tj ET Q q 0 0 0 rg BT 138.21 685.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 173.36 685.40 Td (activities ) Tj ET Q q 0 0 0 rg BT 205.82 685.40 Td (and ) Tj ET Q q 0 0 0 rg BT 220.95 685.40 Td (other ) Tj ET Q q 0 0 0 rg BT 240.97 685.40 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 258.32 685.40 Td (GAAP) Tj ET Q q 0 0 0 rg BT 280.40 685.40 Td ( ) Tj ET Q q 0 0 0 rg BT 282.19 685.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 319.10 685.40 Td (of ) Tj ET Q q 0 0 0 rg BT 327.55 685.40 Td (income ) Tj ET Q q 0 0 0 rg BT 355.13 685.40 Td (or ) Tj ET Q q 0 0 0 rg BT 364.03 685.40 Td (cash ) Tj ET Q q 0 0 0 rg BT 382.71 685.40 Td (flows. ) Tj ET Q q 0 0 0 rg BT 404.59 685.40 Td (A) Tj ET Q q 0 0 0 rg BT 409.49 685.40 Td ( ) Tj ET Q q 0 0 0 rg BT 411.27 685.40 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 459.75 685.40 Td (of ) Tj ET Q q 0 0 0 rg BT 468.20 685.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 502.01 685.40 Td (OCF ) Tj ET Q q 0 0 0 rg BT 520.68 685.40 Td (to ) Tj ET Q q 0 0 0 rg BT 529.14 685.40 Td (operating ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 675.80 Td (income ) Tj ET Q q 0 0 0 rg BT 95.51 675.80 Td (is ) Tj ET Q q 0 0 0 rg BT 103.51 675.80 Td (presented ) Tj ET Q q 0 0 0 rg BT 141.32 675.80 Td (in ) Tj ET Q q 0 0 0 rg BT 149.77 675.80 Td (the ) Tj ET Q q 0 0 0 rg BT 163.11 675.80 Td (applicable ) Tj ET Q q 0 0 0 rg BT 201.36 675.80 Td (sections ) Tj ET Q q 0 0 0 rg BT 232.93 675.80 Td (of ) Tj ET Q q 0 0 0 rg BT 241.82 675.80 Td (this ) Tj ET Q q 0 0 0 rg BT 256.50 675.80 Td (release.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 664.02 Td (8) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 52.39 660.20 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 67.50 660.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 102.63 660.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 122.63 660.20 Td (margin ) Tj ET Q q 0 0 0 rg BT 150.19 660.20 Td (and ) Tj ET Q q 0 0 0 rg BT 166.03 660.20 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 200.27 660.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 235.40 660.20 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 263.86 660.20 Td ( ) Tj ET Q q 0 0 0 rg BT 266.97 660.20 Td (as ) Tj ET Q q 0 0 0 rg BT 278.53 660.20 Td (a ) Tj ET Q q 0 0 0 rg BT 286.09 660.20 Td (percentage ) Tj ET Q q 0 0 0 rg BT 329.23 660.20 Td (of ) Tj ET Q q 0 0 0 rg BT 339.01 660.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 371.03 660.20 Td (are ) Tj ET Q q 0 0 0 rg BT 385.70 660.20 Td (calculated ) Tj ET Q q 0 0 0 rg BT 424.84 660.20 Td (by ) Tj ET Q q 0 0 0 rg BT 436.40 660.20 Td (dividing ) Tj ET Q q 0 0 0 rg BT 466.64 660.20 Td (Segment ) Tj ET Q q 0 0 0 rg BT 501.77 660.20 Td (OCF ) Tj ET Q q 0 0 0 rg BT 521.76 660.20 Td (or ) Tj ET Q q 0 0 0 rg BT 531.37 660.20 Td (Adjusted ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 650.60 Td (Segment ) Tj ET Q q 0 0 0 rg BT 101.74 650.60 Td (EBITDA, ) Tj ET Q q 0 0 0 rg BT 135.08 650.60 Td (as ) Tj ET Q q 0 0 0 rg BT 145.75 650.60 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 186.23 650.60 Td (by ) Tj ET Q q 0 0 0 rg BT 196.90 650.60 Td (total ) Tj ET Q q 0 0 0 rg BT 214.24 650.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 245.38 650.60 Td (for ) Tj ET Q q 0 0 0 rg BT 256.93 650.60 Td (the ) Tj ET Q q 0 0 0 rg BT 270.28 650.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 308.53 650.60 Td (period.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 638.82 Td (9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.39 635.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 635.00 Td (Property ) Tj ET Q q 0 0 0 rg BT 99.13 635.00 Td (and ) Tj ET Q q 0 0 0 rg BT 113.87 635.00 Td (equipment ) Tj ET Q q 0 0 0 rg BT 152.62 635.00 Td (additions ) Tj ET Q q 0 0 0 rg BT 186.04 635.00 Td (\(or ) Tj ET Q q 0 0 0 rg BT 197.21 635.00 Td (in ) Tj ET Q q 0 0 0 rg BT 204.83 635.00 Td (the ) Tj ET Q q 0 0 0 rg BT 217.34 635.00 Td (case ) Tj ET Q q 0 0 0 rg BT 235.64 635.00 Td (of ) Tj ET Q q 0 0 0 rg BT 243.70 635.00 Td (Unitymedia, ) Tj ET Q q 0 0 0 rg BT 287.33 635.00 Td (property) Tj ET Q q 0 0 0 rg BT 316.09 635.00 Td (, ) Tj ET Q q 0 0 0 rg BT 319.70 635.00 Td (equipment ) Tj ET Q q 0 0 0 rg BT 358.46 635.00 Td (and ) Tj ET Q q 0 0 0 rg BT 373.20 635.00 Td (intangible ) Tj ET Q q 0 0 0 rg BT 408.84 635.00 Td (asset ) Tj ET Q q 0 0 0 rg BT 429.36 635.00 Td (additions\) ) Tj ET Q q 0 0 0 rg BT 465.44 635.00 Td (include ) Tj ET Q q 0 0 0 rg BT 492.18 635.00 Td (capital ) Tj ET Q q 0 0 0 rg BT 516.70 635.00 Td (expenditures ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 625.40 Td (on ) Tj ET Q q 0 0 0 rg BT 78.62 625.40 Td (an ) Tj ET Q q 0 0 0 rg BT 89.74 625.40 Td (accrual ) Tj ET Q q 0 0 0 rg BT 117.75 625.40 Td (basis, ) Tj ET Q q 0 0 0 rg BT 140.88 625.40 Td (amounts ) Tj ET Q q 0 0 0 rg BT 173.78 625.40 Td (financed ) Tj ET Q q 0 0 0 rg BT 206.25 625.40 Td (under ) Tj ET Q q 0 0 0 rg BT 228.93 625.40 Td (vendor ) Tj ET Q q 0 0 0 rg BT 255.62 625.40 Td (financing ) Tj ET Q q 0 0 0 rg BT 289.86 625.40 Td (or ) Tj ET Q q 0 0 0 rg BT 299.20 625.40 Td (capital ) Tj ET Q q 0 0 0 rg BT 324.55 625.40 Td (lease ) Tj ET Q q 0 0 0 rg BT 345.89 625.40 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 397.48 625.40 Td (and ) Tj ET Q q 0 0 0 rg BT 413.05 625.40 Td (other ) Tj ET Q q 0 0 0 rg BT 433.50 625.40 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 468.64 625.40 Td (additions.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 613.62 Td (10 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 609.80 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 109.30 609.80 Td (principles ) Tj ET Q q 0 0 0 rg BT 145.32 609.80 Td (generally ) Tj ET Q q 0 0 0 rg BT 180.01 609.80 Td (accepted ) Tj ET Q q 0 0 0 rg BT 214.70 609.80 Td (in ) Tj ET Q q 0 0 0 rg BT 223.15 609.80 Td (the ) Tj ET Q q 0 0 0 rg BT 236.49 609.80 Td (United ) Tj ET Q q 0 0 0 rg BT 261.84 609.80 Td (States ) Tj ET Q q 0 0 0 rg BT 286.74 609.80 Td (are ) Tj ET Q q 0 0 0 rg BT 300.53 609.80 Td (referred ) Tj ET Q q 0 0 0 rg BT 330.76 609.80 Td (to ) Tj ET Q q 0 0 0 rg BT 339.66 609.80 Td (as ) Tj ET Q q 0 0 0 rg BT 350.33 609.80 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 368.11 609.80 Td (GAAP) Tj ET Q q 0 0 0 rg BT 389.31 609.80 Td (.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 598.02 Td (1) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 52.01 598.02 Td (1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 54.90 594.20 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 594.20 Td (Homes ) Tj ET Q q 0 0 0 rg BT 95.40 594.20 Td (Passed ) Tj ET Q q 0 0 0 rg BT 124.63 594.20 Td (are ) Tj ET Q q 0 0 0 rg BT 138.75 594.20 Td (homes, ) Tj ET Q q 0 0 0 rg BT 167.54 594.20 Td (residential ) Tj ET Q q 0 0 0 rg BT 206.56 594.20 Td (multiple ) Tj ET Q q 0 0 0 rg BT 236.69 594.20 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 268.15 594.20 Td (units ) Tj ET Q q 0 0 0 rg BT 287.60 594.20 Td (or ) Tj ET Q q 0 0 0 rg BT 297.27 594.20 Td (commercial ) Tj ET Q q 0 0 0 rg BT 340.72 594.20 Td (units ) Tj ET Q q 0 0 0 rg BT 360.17 594.20 Td (that ) Tj ET Q q 0 0 0 rg BT 376.07 594.20 Td (can ) Tj ET Q q 0 0 0 rg BT 391.53 594.20 Td (be ) Tj ET Q q 0 0 0 rg BT 402.98 594.20 Td (connected ) Tj ET Q q 0 0 0 rg BT 442.46 594.20 Td (to ) Tj ET Q q 0 0 0 rg BT 451.68 594.20 Td (our ) Tj ET Q q 0 0 0 rg BT 465.80 594.20 Td (networks ) Tj ET Q q 0 0 0 rg BT 500.37 594.20 Td (without ) Tj ET Q q 0 0 0 rg BT 528.27 594.20 Td (materially ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 584.60 Td (extending ) Tj ET Q q 0 0 0 rg BT 104.30 584.60 Td (the ) Tj ET Q q 0 0 0 rg BT 117.52 584.60 Td (distribution ) Tj ET Q q 0 0 0 rg BT 158.31 584.60 Td (plant, ) Tj ET Q q 0 0 0 rg BT 179.99 584.60 Td (except ) Tj ET Q q 0 0 0 rg BT 205.66 584.60 Td (for ) Tj ET Q q 0 0 0 rg BT 217.10 584.60 Td (DTH ) Tj ET Q q 0 0 0 rg BT 235.65 584.60 Td (and ) Tj ET Q q 0 0 0 rg BT 251.10 584.60 Td (MMDS. ) Tj ET Q q 0 0 0 rg BT 279.87 584.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 295.30 584.60 Td (Homes ) Tj ET Q q 0 0 0 rg BT 322.75 584.60 Td (Passed ) Tj ET Q q 0 0 0 rg BT 351.54 584.60 Td (counts ) Tj ET Q q 0 0 0 rg BT 377.21 584.60 Td (are ) Tj ET Q q 0 0 0 rg BT 390.88 584.60 Td (based ) Tj ET Q q 0 0 0 rg BT 414.78 584.60 Td (on ) Tj ET Q q 0 0 0 rg BT 425.78 584.60 Td (census ) Tj ET Q q 0 0 0 rg BT 453.23 584.60 Td (data ) Tj ET Q q 0 0 0 rg BT 470.90 584.60 Td (that ) Tj ET Q q 0 0 0 rg BT 486.35 584.60 Td (can ) Tj ET Q q 0 0 0 rg BT 501.35 584.60 Td (change ) Tj ET Q q 0 0 0 rg BT 529.70 584.60 Td (based ) Tj ET Q q 0 0 0 rg BT 553.60 584.60 Td (on ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 575.00 Td (either ) Tj ET Q q 0 0 0 rg BT 89.79 575.00 Td (revisions ) Tj ET Q q 0 0 0 rg BT 123.63 575.00 Td (to ) Tj ET Q q 0 0 0 rg BT 132.58 575.00 Td (the ) Tj ET Q q 0 0 0 rg BT 145.98 575.00 Td (data ) Tj ET Q q 0 0 0 rg BT 163.83 575.00 Td (or ) Tj ET Q q 0 0 0 rg BT 173.22 575.00 Td (from ) Tj ET Q q 0 0 0 rg BT 191.49 575.00 Td (new ) Tj ET Q q 0 0 0 rg BT 208.45 575.00 Td (census ) Tj ET Q q 0 0 0 rg BT 236.07 575.00 Td (results. ) Tj ET Q q 0 0 0 rg BT 264.13 575.00 Td (W) Tj ET Q q 0 0 0 rg BT 271.54 575.00 Td (e ) Tj ET Q q 0 0 0 rg BT 278.26 575.00 Td (do ) Tj ET Q q 0 0 0 rg BT 289.44 575.00 Td (not ) Tj ET Q q 0 0 0 rg BT 302.84 575.00 Td (count ) Tj ET Q q 0 0 0 rg BT 324.68 575.00 Td (homes ) Tj ET Q q 0 0 0 rg BT 350.97 575.00 Td (passed ) Tj ET Q q 0 0 0 rg BT 379.05 575.00 Td (for ) Tj ET Q q 0 0 0 rg BT 390.66 575.00 Td (DTH. ) Tj ET Q q 0 0 0 rg BT 411.60 575.00 Td (With ) Tj ET Q q 0 0 0 rg BT 429.88 575.00 Td (respect ) Tj ET Q q 0 0 0 rg BT 458.39 575.00 Td (to ) Tj ET Q q 0 0 0 rg BT 467.34 575.00 Td (countries ) Tj ET Q q 0 0 0 rg BT 502.08 575.00 Td (that ) Tj ET Q q 0 0 0 rg BT 517.70 575.00 Td (of) Tj ET Q q 0 0 0 rg BT 524.22 575.00 Td (fer ) Tj ET Q q 0 0 0 rg BT 535.84 575.00 Td (MMDS, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 565.40 Td (one ) Tj ET Q q 0 0 0 rg BT 82.42 565.40 Td (MMDS ) Tj ET Q q 0 0 0 rg BT 108.42 565.40 Td (customer ) Tj ET Q q 0 0 0 rg BT 142.89 565.40 Td (is ) Tj ET Q q 0 0 0 rg BT 150.23 565.40 Td (equal ) Tj ET Q q 0 0 0 rg BT 171.38 565.40 Td (to ) Tj ET Q q 0 0 0 rg BT 179.62 565.40 Td (one ) Tj ET Q q 0 0 0 rg BT 194.53 565.40 Td (Home ) Tj ET Q q 0 0 0 rg BT 217.44 565.40 Td (Passed. ) Tj ET Q q 0 0 0 rg BT 247.91 565.40 Td (Due ) Tj ET Q q 0 0 0 rg BT 264.15 565.40 Td (to ) Tj ET Q q 0 0 0 rg BT 272.39 565.40 Td (the ) Tj ET Q q 0 0 0 rg BT 285.08 565.40 Td (fact ) Tj ET Q q 0 0 0 rg BT 299.54 565.40 Td (that ) Tj ET Q q 0 0 0 rg BT 314.46 565.40 Td (we ) Tj ET Q q 0 0 0 rg BT 326.25 565.40 Td (do ) Tj ET Q q 0 0 0 rg BT 336.71 565.40 Td (not ) Tj ET Q q 0 0 0 rg BT 349.40 565.40 Td (own ) Tj ET Q q 0 0 0 rg BT 365.65 565.40 Td (the ) Tj ET Q q 0 0 0 rg BT 378.33 565.40 Td (partner ) Tj ET Q q 0 0 0 rg BT 405.25 565.40 Td (networks ) Tj ET Q q 0 0 0 rg BT 438.83 565.40 Td (\(defined ) Tj ET Q q 0 0 0 rg BT 469.31 565.40 Td (below\) ) Tj ET Q q 0 0 0 rg BT 494.44 565.40 Td (used ) Tj ET Q q 0 0 0 rg BT 513.36 565.40 Td (in ) Tj ET Q q 0 0 0 rg BT 521.15 565.40 Td (Switzerland ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 555.80 Td (and ) Tj ET Q q 0 0 0 rg BT 83.07 555.80 Td (the ) Tj ET Q q 0 0 0 rg BT 96.41 555.80 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 141.77 555.80 Td (\(see ) Tj ET Q q 0 0 0 rg BT 159.56 555.80 Td (note ) Tj ET Q q 0 0 0 rg BT 177.35 555.80 Td (36\) ) Tj ET Q q 0 0 0 rg BT 191.14 555.80 Td (we ) Tj ET Q q 0 0 0 rg BT 203.59 555.80 Td (do ) Tj ET Q q 0 0 0 rg BT 214.71 555.80 Td (not ) Tj ET Q q 0 0 0 rg BT 228.05 555.80 Td (report ) Tj ET Q q 0 0 0 rg BT 251.17 555.80 Td (homes ) Tj ET Q q 0 0 0 rg BT 277.41 555.80 Td (passed ) Tj ET Q q 0 0 0 rg BT 305.43 555.80 Td (for ) Tj ET Q q 0 0 0 rg BT 316.98 555.80 Td (Switzerland) Tj ET Q q 0 0 0 rg BT 359.97 555.80 Td (s ) Tj ET Q q 0 0 0 rg BT 366.19 555.80 Td (and ) Tj ET Q q 0 0 0 rg BT 381.76 555.80 Td (the ) Tj ET Q q 0 0 0 rg BT 395.11 555.80 Td (Netherlands) Tj ET Q q 0 0 0 rg BT 439.72 555.80 Td ( ) Tj ET Q q 0 0 0 rg BT 441.95 555.80 Td (partner ) Tj ET Q q 0 0 0 rg BT 469.52 555.80 Td (networks. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 544.02 Td (12) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 540.20 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 540.20 Td (T) Tj ET Q q 0 0 0 rg BT 71.95 540.20 Td (wo-way ) Tj ET Q q 0 0 0 rg BT 100.89 540.20 Td (Homes ) Tj ET Q q 0 0 0 rg BT 128.06 540.20 Td (Passed ) Tj ET Q q 0 0 0 rg BT 156.57 540.20 Td (are ) Tj ET Q q 0 0 0 rg BT 169.97 540.20 Td (Homes ) Tj ET Q q 0 0 0 rg BT 197.14 540.20 Td (Passed ) Tj ET Q q 0 0 0 rg BT 225.65 540.20 Td (by ) Tj ET Q q 0 0 0 rg BT 235.93 540.20 Td (those ) Tj ET Q q 0 0 0 rg BT 257.33 540.20 Td (sections ) Tj ET Q q 0 0 0 rg BT 288.51 540.20 Td (of ) Tj ET Q q 0 0 0 rg BT 297.01 540.20 Td (our ) Tj ET Q q 0 0 0 rg BT 310.40 540.20 Td (networks ) Tj ET Q q 0 0 0 rg BT 344.24 540.20 Td (that ) Tj ET Q q 0 0 0 rg BT 359.41 540.20 Td (are ) Tj ET Q q 0 0 0 rg BT 372.81 540.20 Td (technologically ) Tj ET Q q 0 0 0 rg BT 427.11 540.20 Td (capable ) Tj ET Q q 0 0 0 rg BT 456.96 540.20 Td (of ) Tj ET Q q 0 0 0 rg BT 465.47 540.20 Td (providing ) Tj ET Q q 0 0 0 rg BT 499.76 540.20 Td (two-way ) Tj ET Q q 0 0 0 rg BT 530.93 540.20 Td (services, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 530.60 Td (including ) Tj ET Q q 0 0 0 rg BT 101.30 530.60 Td (video, ) Tj ET Q q 0 0 0 rg BT 124.87 530.60 Td (internet ) Tj ET Q q 0 0 0 rg BT 153.78 530.60 Td (and ) Tj ET Q q 0 0 0 rg BT 169.35 530.60 Td (telephony ) Tj ET Q q 0 0 0 rg BT 206.27 530.60 Td (services. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 518.82 Td (13) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 515.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 515.00 Td (Basic ) Tj ET Q q 0 0 0 rg BT 89.72 515.00 Td (V) Tj ET Q q 0 0 0 rg BT 94.91 515.00 Td (ideo ) Tj ET Q q 0 0 0 rg BT 112.69 515.00 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 153.59 515.00 Td (is ) Tj ET Q q 0 0 0 rg BT 162.02 515.00 Td (a ) Tj ET Q q 0 0 0 rg BT 169.13 515.00 Td (home, ) Tj ET Q q 0 0 0 rg BT 194.02 515.00 Td (residential ) Tj ET Q q 0 0 0 rg BT 233.14 515.00 Td (multiple ) Tj ET Q q 0 0 0 rg BT 263.36 515.00 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 294.93 515.00 Td (unit ) Tj ET Q q 0 0 0 rg BT 310.48 515.00 Td (or ) Tj ET Q q 0 0 0 rg BT 320.25 515.00 Td (commercial ) Tj ET Q q 0 0 0 rg BT 363.80 515.00 Td (unit ) Tj ET Q q 0 0 0 rg BT 379.36 515.00 Td (that ) Tj ET Q q 0 0 0 rg BT 395.36 515.00 Td (receives ) Tj ET Q q 0 0 0 rg BT 427.80 515.00 Td (our ) Tj ET Q q 0 0 0 rg BT 442.02 515.00 Td (video ) Tj ET Q q 0 0 0 rg BT 463.81 515.00 Td (service ) Tj ET Q q 0 0 0 rg BT 491.80 515.00 Td (over ) Tj ET Q q 0 0 0 rg BT 510.02 515.00 Td (our ) Tj ET Q q 0 0 0 rg BT 524.24 515.00 Td (broadband ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 505.40 Td (network ) Tj ET Q q 0 0 0 rg BT 97.45 505.40 Td (either ) Tj ET Q q 0 0 0 rg BT 119.40 505.40 Td (via ) Tj ET Q q 0 0 0 rg BT 131.56 505.40 Td (an ) Tj ET Q q 0 0 0 rg BT 142.39 505.40 Td (analog ) Tj ET Q q 0 0 0 rg BT 168.35 505.40 Td (video ) Tj ET Q q 0 0 0 rg BT 189.41 505.40 Td (signal ) Tj ET Q q 0 0 0 rg BT 212.25 505.40 Td (or ) Tj ET Q q 0 0 0 rg BT 221.30 505.40 Td (via ) Tj ET Q q 0 0 0 rg BT 233.46 505.40 Td (a ) Tj ET Q q 0 0 0 rg BT 239.85 505.40 Td (digital ) Tj ET Q q 0 0 0 rg BT 262.69 505.40 Td (video ) Tj ET Q q 0 0 0 rg BT 283.75 505.40 Td (signal ) Tj ET Q q 0 0 0 rg BT 306.59 505.40 Td (without ) Tj ET Q q 0 0 0 rg BT 333.87 505.40 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 376.27 505.40 Td (to ) Tj ET Q q 0 0 0 rg BT 384.88 505.40 Td (any ) Tj ET Q q 0 0 0 rg BT 399.71 505.40 Td (recurring ) Tj ET Q q 0 0 0 rg BT 433.22 505.40 Td (monthly ) Tj ET Q q 0 0 0 rg BT 463.16 505.40 Td (service ) Tj ET Q q 0 0 0 rg BT 490.44 505.40 Td (that ) Tj ET Q q 0 0 0 rg BT 505.72 505.40 Td (requires ) Tj ET Q q 0 0 0 rg BT 536.56 505.40 Td (the ) Tj ET Q q 0 0 0 rg BT 549.61 505.40 Td (use ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 495.80 Td (of ) Tj ET Q q 0 0 0 rg BT 76.82 495.80 Td (encryption-enabling ) Tj ET Q q 0 0 0 rg BT 149.30 495.80 Td (technology) Tj ET Q q 0 0 0 rg BT 187.40 495.80 Td (. ) Tj ET Q q 0 0 0 rg BT 192.27 495.80 Td (Encryption-enabling ) Tj ET Q q 0 0 0 rg BT 265.64 495.80 Td (technology ) Tj ET Q q 0 0 0 rg BT 306.98 495.80 Td (includes ) Tj ET Q q 0 0 0 rg BT 338.99 495.80 Td (smart ) Tj ET Q q 0 0 0 rg BT 361.64 495.80 Td (cards, ) Tj ET Q q 0 0 0 rg BT 386.07 495.80 Td (or ) Tj ET Q q 0 0 0 rg BT 395.84 495.80 Td (other ) Tj ET Q q 0 0 0 rg BT 416.72 495.80 Td (integrated ) Tj ET Q q 0 0 0 rg BT 454.96 495.80 Td (or ) Tj ET Q q 0 0 0 rg BT 464.72 495.80 Td (virtual ) Tj ET Q q 0 0 0 rg BT 488.71 495.80 Td (technologies ) Tj ET Q q 0 0 0 rg BT 536.29 495.80 Td (that ) Tj ET Q q 0 0 0 rg BT 552.28 495.80 Td (we ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 486.20 Td (use ) Tj ET Q q 0 0 0 rg BT 83.20 486.20 Td (to ) Tj ET Q q 0 0 0 rg BT 92.68 486.20 Td (provide ) Tj ET Q q 0 0 0 rg BT 121.73 486.20 Td (our ) Tj ET Q q 0 0 0 rg BT 136.09 486.20 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 174.04 486.20 Td (service ) Tj ET Q q 0 0 0 rg BT 202.19 486.20 Td (of) Tj ET Q q 0 0 0 rg BT 208.72 486.20 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 237.76 486.20 Td (With ) Tj ET Q q 0 0 0 rg BT 256.56 486.20 Td (the ) Tj ET Q q 0 0 0 rg BT 270.49 486.20 Td (exception ) Tj ET Q q 0 0 0 rg BT 307.54 486.20 Td (of ) Tj ET Q q 0 0 0 rg BT 317.02 486.20 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 341.60 486.20 Td (that ) Tj ET Q q 0 0 0 rg BT 357.75 486.20 Td (we ) Tj ET Q q 0 0 0 rg BT 370.78 486.20 Td (count ) Tj ET Q q 0 0 0 rg BT 393.16 486.20 Td (on ) Tj ET Q q 0 0 0 rg BT 404.86 486.20 Td (an ) Tj ET Q q 0 0 0 rg BT 416.57 486.20 Td (EBU ) Tj ET Q q 0 0 0 rg BT 435.82 486.20 Td (basis, ) Tj ET Q q 0 0 0 rg BT 459.53 486.20 Td (we ) Tj ET Q q 0 0 0 rg BT 472.56 486.20 Td (count ) Tj ET Q q 0 0 0 rg BT 494.93 486.20 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 519.52 486.20 Td (on ) Tj ET Q q 0 0 0 rg BT 531.22 486.20 Td (a ) Tj ET Q q 0 0 0 rg BT 538.48 486.20 Td (unique ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 476.60 Td (premises ) Tj ET Q q 0 0 0 rg BT 102.26 476.60 Td (basis. ) Tj ET Q q 0 0 0 rg BT 127.68 476.60 Td (In ) Tj ET Q q 0 0 0 rg BT 136.66 476.60 Td (other ) Tj ET Q q 0 0 0 rg BT 157.20 476.60 Td (words, ) Tj ET Q q 0 0 0 rg BT 183.07 476.60 Td (a ) Tj ET Q q 0 0 0 rg BT 189.82 476.60 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 229.03 476.60 Td (with ) Tj ET Q q 0 0 0 rg BT 245.56 476.60 Td (multiple ) Tj ET Q q 0 0 0 rg BT 275.43 476.60 Td (outlets ) Tj ET Q q 0 0 0 rg BT 301.31 476.60 Td (in ) Tj ET Q q 0 0 0 rg BT 309.84 476.60 Td (one ) Tj ET Q q 0 0 0 rg BT 325.49 476.60 Td (premises ) Tj ET Q q 0 0 0 rg BT 360.25 476.60 Td (is ) Tj ET Q q 0 0 0 rg BT 368.33 476.60 Td (counted ) Tj ET Q q 0 0 0 rg BT 399.11 476.60 Td (as ) Tj ET Q q 0 0 0 rg BT 409.86 476.60 Td (one ) Tj ET Q q 0 0 0 rg BT 425.52 476.60 Td (RGU ) Tj ET Q q 0 0 0 rg BT 445.60 476.60 Td (and ) Tj ET Q q 0 0 0 rg BT 461.25 476.60 Td (a ) Tj ET Q q 0 0 0 rg BT 468.01 476.60 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 507.21 476.60 Td (with ) Tj ET Q q 0 0 0 rg BT 523.75 476.60 Td (two ) Tj ET Q q 0 0 0 rg BT 538.50 476.60 Td (homes ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 467.00 Td (and ) Tj ET Q q 0 0 0 rg BT 83.63 467.00 Td (a ) Tj ET Q q 0 0 0 rg BT 90.85 467.00 Td (subscription ) Tj ET Q q 0 0 0 rg BT 136.32 467.00 Td (to ) Tj ET Q q 0 0 0 rg BT 145.77 467.00 Td (our ) Tj ET Q q 0 0 0 rg BT 160.11 467.00 Td (video ) Tj ET Q q 0 0 0 rg BT 182.01 467.00 Td (service ) Tj ET Q q 0 0 0 rg BT 210.13 467.00 Td (at ) Tj ET Q q 0 0 0 rg BT 219.57 467.00 Td (each ) Tj ET Q q 0 0 0 rg BT 239.70 467.00 Td (home ) Tj ET Q q 0 0 0 rg BT 262.49 467.00 Td (is ) Tj ET Q q 0 0 0 rg BT 271.04 467.00 Td (counted ) Tj ET Q q 0 0 0 rg BT 302.29 467.00 Td (as ) Tj ET Q q 0 0 0 rg BT 313.52 467.00 Td (two ) Tj ET Q q 0 0 0 rg BT 328.74 467.00 Td (RGUs. ) Tj ET Q q 0 0 0 rg BT 354.97 467.00 Td (At ) Tj ET Q q 0 0 0 rg BT 365.30 467.00 Td (UPC ) Tj ET Q q 0 0 0 rg BT 384.97 467.00 Td (Holding, ) Tj ET Q q 0 0 0 rg BT 417.10 467.00 Td (we ) Tj ET Q q 0 0 0 rg BT 430.10 467.00 Td (have ) Tj ET Q q 0 0 0 rg BT 450.23 467.00 Td (approximately ) Tj ET Q q 0 0 0 rg BT 502.81 467.00 Td (133,800 ) Tj ET Q q 0 0 0 rg BT 534.50 467.00 Td (lifeline ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 457.40 Td (customers ) Tj ET Q q 0 0 0 rg BT 106.62 457.40 Td (that ) Tj ET Q q 0 0 0 rg BT 122.19 457.40 Td (are ) Tj ET Q q 0 0 0 rg BT 135.98 457.40 Td (counted ) Tj ET Q q 0 0 0 rg BT 166.67 457.40 Td (on ) Tj ET Q q 0 0 0 rg BT 177.79 457.40 Td (a ) Tj ET Q q 0 0 0 rg BT 184.47 457.40 Td (per ) Tj ET Q q 0 0 0 rg BT 198.26 457.40 Td (connection ) Tj ET Q q 0 0 0 rg BT 239.18 457.40 Td (basis, ) Tj ET Q q 0 0 0 rg BT 262.30 457.40 Td (representing ) Tj ET Q q 0 0 0 rg BT 309.00 457.40 Td (the ) Tj ET Q q 0 0 0 rg BT 322.34 457.40 Td (least ) Tj ET Q q 0 0 0 rg BT 341.46 457.40 Td (expensive ) Tj ET Q q 0 0 0 rg BT 379.71 457.40 Td (regulated ) Tj ET Q q 0 0 0 rg BT 415.30 457.40 Td (tier ) Tj ET Q q 0 0 0 rg BT 428.63 457.40 Td (of ) Tj ET Q q 0 0 0 rg BT 437.53 457.40 Td (video ) Tj ET Q q 0 0 0 rg BT 458.88 457.40 Td (cable ) Tj ET Q q 0 0 0 rg BT 480.23 457.40 Td (service, ) Tj ET Q q 0 0 0 rg BT 510.02 457.40 Td (with ) Tj ET Q q 0 0 0 rg BT 526.47 457.40 Td (only ) Tj ET Q q 0 0 0 rg BT 543.37 457.40 Td (a ) Tj ET Q q 0 0 0 rg BT 550.04 457.40 Td (few ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 447.80 Td (channels. ) Tj ET Q q 0 0 0 rg BT 103.88 447.80 Td (During ) Tj ET Q q 0 0 0 rg BT 129.59 447.80 Td (the ) Tj ET Q q 0 0 0 rg BT 142.84 447.80 Td (first ) Tj ET Q q 0 0 0 rg BT 157.87 447.80 Td (quarter ) Tj ET Q q 0 0 0 rg BT 185.35 447.80 Td (of ) Tj ET Q q 0 0 0 rg BT 194.16 447.80 Td (2015, ) Tj ET Q q 0 0 0 rg BT 216.32 447.80 Td (we ) Tj ET Q q 0 0 0 rg BT 228.68 447.80 Td (modified ) Tj ET Q q 0 0 0 rg BT 261.05 447.80 Td (certain ) Tj ET Q q 0 0 0 rg BT 287.20 447.80 Td (video ) Tj ET Q q 0 0 0 rg BT 308.46 447.80 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 347.50 447.80 Td (definitions ) Tj ET Q q 0 0 0 rg BT 385.66 447.80 Td (to ) Tj ET Q q 0 0 0 rg BT 394.47 447.80 Td (better ) Tj ET Q q 0 0 0 rg BT 417.07 447.80 Td (align ) Tj ET Q q 0 0 0 rg BT 436.11 447.80 Td (these ) Tj ET Q q 0 0 0 rg BT 457.81 447.80 Td (definitions ) Tj ET Q q 0 0 0 rg BT 495.97 447.80 Td (with ) Tj ET Q q 0 0 0 rg BT 512.34 447.80 Td (the ) Tj ET Q q 0 0 0 rg BT 525.59 447.80 Td (underlying ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 438.20 Td (services ) Tj ET Q q 0 0 0 rg BT 99.05 438.20 Td (received ) Tj ET Q q 0 0 0 rg BT 131.50 438.20 Td (by ) Tj ET Q q 0 0 0 rg BT 142.16 438.20 Td (our ) Tj ET Q q 0 0 0 rg BT 155.93 438.20 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 199.05 438.20 Td (and ) Tj ET Q q 0 0 0 rg BT 214.61 438.20 Td (have ) Tj ET Q q 0 0 0 rg BT 234.16 438.20 Td (replaced ) Tj ET Q q 0 0 0 rg BT 267.06 438.20 Td (our ) Tj ET Q q 0 0 0 rg BT 280.84 438.20 Td (Digital ) Tj ET Q q 0 0 0 rg BT 307.94 438.20 Td (Cable ) Tj ET Q q 0 0 0 rg BT 333.72 438.20 Td (and ) Tj ET Q q 0 0 0 rg BT 349.28 438.20 Td (Analog ) Tj ET Q q 0 0 0 rg BT 379.06 438.20 Td (Cable ) Tj ET Q q 0 0 0 rg BT 404.84 438.20 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 443.95 438.20 Td (definitions ) Tj ET Q q 0 0 0 rg BT 482.19 438.20 Td (with ) Tj ET Q q 0 0 0 rg BT 498.63 438.20 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 539.53 438.20 Td (V) Tj ET Q q 0 0 0 rg BT 544.72 438.20 Td (ideo ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 428.60 Td (and ) Tj ET Q q 0 0 0 rg BT 84.33 428.60 Td (Basic ) Tj ET Q q 0 0 0 rg BT 110.04 428.60 Td (V) Tj ET Q q 0 0 0 rg BT 115.23 428.60 Td (ideo, ) Tj ET Q q 0 0 0 rg BT 138.72 428.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 180.36 428.60 Td (. ) Tj ET Q q 0 0 0 rg BT 186.07 428.60 Td (In ) Tj ET Q q 0 0 0 rg BT 196.22 428.60 Td (connection ) Tj ET Q q 0 0 0 rg BT 238.39 428.60 Td (with ) Tj ET Q q 0 0 0 rg BT 256.10 428.60 Td (the ) Tj ET Q q 0 0 0 rg BT 270.70 428.60 Td (implementation ) Tj ET Q q 0 0 0 rg BT 328.43 428.60 Td (of ) Tj ET Q q 0 0 0 rg BT 338.59 428.60 Td (the ) Tj ET Q q 0 0 0 rg BT 353.19 428.60 Td (new ) Tj ET Q q 0 0 0 rg BT 371.34 428.60 Td (definitions, ) Tj ET Q q 0 0 0 rg BT 413.07 428.60 Td (we ) Tj ET Q q 0 0 0 rg BT 426.78 428.60 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 470.27 428.60 Td (916,900 ) Tj ET Q q 0 0 0 rg BT 502.67 428.60 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 542.18 428.60 Td (V) Tj ET Q q 0 0 0 rg BT 547.38 428.60 Td (ideo ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 419.00 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 111.82 419.00 Td (in ) Tj ET Q q 0 0 0 rg BT 120.12 419.00 Td (Germany ) Tj ET Q q 0 0 0 rg BT 155.10 419.00 Td (to ) Tj ET Q q 0 0 0 rg BT 163.85 419.00 Td (Basic ) Tj ET Q q 0 0 0 rg BT 185.50 419.00 Td (V) Tj ET Q q 0 0 0 rg BT 190.69 419.00 Td (ideo ) Tj ET Q q 0 0 0 rg BT 207.89 419.00 Td (Subscribers, ) Tj ET Q q 0 0 0 rg BT 254.43 419.00 Td (representing ) Tj ET Q q 0 0 0 rg BT 300.98 419.00 Td (video ) Tj ET Q q 0 0 0 rg BT 322.19 419.00 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 365.17 419.00 Td (who ) Tj ET Q q 0 0 0 rg BT 381.93 419.00 Td (either ) Tj ET Q q 0 0 0 rg BT 404.02 419.00 Td (pay ) Tj ET Q q 0 0 0 rg BT 419.00 419.00 Td (a ) Tj ET Q q 0 0 0 rg BT 425.52 419.00 Td (recurring ) Tj ET Q q 0 0 0 rg BT 459.17 419.00 Td (rental ) Tj ET Q q 0 0 0 rg BT 481.26 419.00 Td (fee ) Tj ET Q q 0 0 0 rg BT 494.46 419.00 Td (for ) Tj ET Q q 0 0 0 rg BT 505.88 419.00 Td (a ) Tj ET Q q 0 0 0 rg BT 512.41 419.00 Td (leased ) Tj ET Q q 0 0 0 rg BT 538.06 419.00 Td (set-top ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 409.40 Td (box ) Tj ET Q q 0 0 0 rg BT 82.62 409.40 Td (or ) Tj ET Q q 0 0 0 rg BT 91.96 409.40 Td (pay ) Tj ET Q q 0 0 0 rg BT 107.08 409.40 Td (a ) Tj ET Q q 0 0 0 rg BT 113.75 409.40 Td (recurring ) Tj ET Q q 0 0 0 rg BT 147.54 409.40 Td (access ) Tj ET Q q 0 0 0 rg BT 174.66 409.40 Td (fee, ) Tj ET Q q 0 0 0 rg BT 190.23 409.40 Td (but ) Tj ET Q q 0 0 0 rg BT 203.57 409.40 Td (do ) Tj ET Q q 0 0 0 rg BT 214.69 409.40 Td (not ) Tj ET Q q 0 0 0 rg BT 228.04 409.40 Td (subscribe ) Tj ET Q q 0 0 0 rg BT 264.50 409.40 Td (to ) Tj ET Q q 0 0 0 rg BT 273.39 409.40 Td (any ) Tj ET Q q 0 0 0 rg BT 288.51 409.40 Td (recurring ) Tj ET Q q 0 0 0 rg BT 322.30 409.40 Td (encrypted ) Tj ET Q q 0 0 0 rg BT 359.66 409.40 Td (video ) Tj ET Q q 0 0 0 rg BT 381.00 409.40 Td (content. ) Tj ET Q q 0 0 0 rg BT 411.69 409.40 Td ( ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 397.62 Td (14 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 393.80 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 105.37 393.80 Td (V) Tj ET Q q 0 0 0 rg BT 110.56 393.80 Td (ideo ) Tj ET Q q 0 0 0 rg BT 127.52 393.80 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 167.59 393.80 Td (is ) Tj ET Q q 0 0 0 rg BT 175.20 393.80 Td (a ) Tj ET Q q 0 0 0 rg BT 181.48 393.80 Td (home, ) Tj ET Q q 0 0 0 rg BT 205.55 393.80 Td (residential ) Tj ET Q q 0 0 0 rg BT 243.85 393.80 Td (multiple ) Tj ET Q q 0 0 0 rg BT 273.25 393.80 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 303.99 393.80 Td (unit ) Tj ET Q q 0 0 0 rg BT 318.72 393.80 Td (or ) Tj ET Q q 0 0 0 rg BT 327.67 393.80 Td (commercial ) Tj ET Q q 0 0 0 rg BT 370.40 393.80 Td (unit ) Tj ET Q q 0 0 0 rg BT 385.13 393.80 Td (that ) Tj ET Q q 0 0 0 rg BT 400.31 393.80 Td (receives ) Tj ET Q q 0 0 0 rg BT 431.93 393.80 Td (our ) Tj ET Q q 0 0 0 rg BT 445.33 393.80 Td (video ) Tj ET Q q 0 0 0 rg BT 466.29 393.80 Td (service ) Tj ET Q q 0 0 0 rg BT 493.46 393.80 Td (over ) Tj ET Q q 0 0 0 rg BT 510.86 393.80 Td (our ) Tj ET Q q 0 0 0 rg BT 524.25 393.80 Td (broadband ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 384.20 Td (network ) Tj ET Q q 0 0 0 rg BT 98.39 384.20 Td (or ) Tj ET Q q 0 0 0 rg BT 108.37 384.20 Td (through ) Tj ET Q q 0 0 0 rg BT 138.38 384.20 Td (a ) Tj ET Q q 0 0 0 rg BT 145.70 384.20 Td (partner ) Tj ET Q q 0 0 0 rg BT 173.92 384.20 Td (network ) Tj ET Q q 0 0 0 rg BT 204.81 384.20 Td (via ) Tj ET Q q 0 0 0 rg BT 217.91 384.20 Td (a ) Tj ET Q q 0 0 0 rg BT 225.23 384.20 Td (digital ) Tj ET Q q 0 0 0 rg BT 249.01 384.20 Td (video ) Tj ET Q q 0 0 0 rg BT 271.01 384.20 Td (signal ) Tj ET Q q 0 0 0 rg BT 294.79 384.20 Td (while ) Tj ET Q q 0 0 0 rg BT 315.89 384.20 Td (subscribing ) Tj ET Q q 0 0 0 rg BT 359.23 384.20 Td (to ) Tj ET Q q 0 0 0 rg BT 368.78 384.20 Td (any ) Tj ET Q q 0 0 0 rg BT 384.55 384.20 Td (recurring ) Tj ET Q q 0 0 0 rg BT 418.99 384.20 Td (monthly ) Tj ET Q q 0 0 0 rg BT 449.87 384.20 Td (service ) Tj ET Q q 0 0 0 rg BT 478.09 384.20 Td (that ) Tj ET Q q 0 0 0 rg BT 494.31 384.20 Td (requires ) Tj ET Q q 0 0 0 rg BT 526.08 384.20 Td (the ) Tj ET Q q 0 0 0 rg BT 540.08 384.20 Td (use ) Tj ET Q q 0 0 0 rg BT 555.85 384.20 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 374.60 Td (encryption-enabling ) Tj ET Q q 0 0 0 rg BT 139.33 374.60 Td (technology) Tj ET Q q 0 0 0 rg BT 177.43 374.60 Td (. ) Tj ET Q q 0 0 0 rg BT 181.66 374.60 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 219.70 374.60 Td (V) Tj ET Q q 0 0 0 rg BT 224.89 374.60 Td (ideo ) Tj ET Q q 0 0 0 rg BT 242.02 374.60 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 286.26 374.60 Td (that ) Tj ET Q q 0 0 0 rg BT 301.61 374.60 Td (are ) Tj ET Q q 0 0 0 rg BT 315.18 374.60 Td (not ) Tj ET Q q 0 0 0 rg BT 328.30 374.60 Td (counted ) Tj ET Q q 0 0 0 rg BT 358.78 374.60 Td (on ) Tj ET Q q 0 0 0 rg BT 369.68 374.60 Td (an ) Tj ET Q q 0 0 0 rg BT 380.59 374.60 Td (EBU ) Tj ET Q q 0 0 0 rg BT 399.04 374.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 419.72 374.60 Td (are ) Tj ET Q q 0 0 0 rg BT 433.29 374.60 Td (counted ) Tj ET Q q 0 0 0 rg BT 463.76 374.60 Td (on ) Tj ET Q q 0 0 0 rg BT 474.67 374.60 Td (a ) Tj ET Q q 0 0 0 rg BT 481.12 374.60 Td (unique ) Tj ET Q q 0 0 0 rg BT 507.15 374.60 Td (premises ) Tj ET Q q 0 0 0 rg BT 541.61 374.60 Td (basis. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 365.00 Td (For ) Tj ET Q q 0 0 0 rg BT 82.04 365.00 Td (example, ) Tj ET Q q 0 0 0 rg BT 117.03 365.00 Td (a ) Tj ET Q q 0 0 0 rg BT 124.02 365.00 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 163.46 365.00 Td (with ) Tj ET Q q 0 0 0 rg BT 180.22 365.00 Td (one ) Tj ET Q q 0 0 0 rg BT 196.10 365.00 Td (or ) Tj ET Q q 0 0 0 rg BT 205.75 365.00 Td (more ) Tj ET Q q 0 0 0 rg BT 226.52 365.00 Td (set-top ) Tj ET Q q 0 0 0 rg BT 253.51 365.00 Td (boxes ) Tj ET Q q 0 0 0 rg BT 277.39 365.00 Td (that ) Tj ET Q q 0 0 0 rg BT 293.27 365.00 Td (receives ) Tj ET Q q 0 0 0 rg BT 325.60 365.00 Td (our ) Tj ET Q q 0 0 0 rg BT 339.70 365.00 Td (video ) Tj ET Q q 0 0 0 rg BT 361.36 365.00 Td (service ) Tj ET Q q 0 0 0 rg BT 389.23 365.00 Td (in ) Tj ET Q q 0 0 0 rg BT 398.00 365.00 Td (one ) Tj ET Q q 0 0 0 rg BT 413.88 365.00 Td (premises ) Tj ET Q q 0 0 0 rg BT 448.87 365.00 Td (is ) Tj ET Q q 0 0 0 rg BT 457.18 365.00 Td (generally ) Tj ET Q q 0 0 0 rg BT 492.18 365.00 Td (counted ) Tj ET Q q 0 0 0 rg BT 523.19 365.00 Td (as ) Tj ET Q q 0 0 0 rg BT 534.17 365.00 Td (just ) Tj ET Q q 0 0 0 rg BT 549.16 365.00 Td (one ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 355.40 Td (subscriber) Tj ET Q q 0 0 0 rg BT 103.96 355.40 Td (.) Tj ET Q q 0 0 0 rg BT 107.96 355.40 Td (An ) Tj ET Q q 0 0 0 rg BT 119.41 355.40 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 157.09 355.40 Td (V) Tj ET Q q 0 0 0 rg BT 162.29 355.40 Td (ideo ) Tj ET Q q 0 0 0 rg BT 179.07 355.40 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 218.96 355.40 Td (is ) Tj ET Q q 0 0 0 rg BT 226.39 355.40 Td (not ) Tj ET Q q 0 0 0 rg BT 239.17 355.40 Td (counted ) Tj ET Q q 0 0 0 rg BT 269.30 355.40 Td (as ) Tj ET Q q 0 0 0 rg BT 279.40 355.40 Td (a ) Tj ET Q q 0 0 0 rg BT 285.51 355.40 Td (Basic ) Tj ET Q q 0 0 0 rg BT 306.73 355.40 Td (V) Tj ET Q q 0 0 0 rg BT 311.92 355.40 Td (ideo ) Tj ET Q q 0 0 0 rg BT 328.70 355.40 Td (Subscriber) Tj ET Q q 0 0 0 rg BT 366.50 355.40 Td (.) Tj ET Q q 0 0 0 rg BT 370.50 355.40 Td (As ) Tj ET Q q 0 0 0 rg BT 381.49 355.40 Td (we ) Tj ET Q q 0 0 0 rg BT 393.38 355.40 Td (migrate ) Tj ET Q q 0 0 0 rg BT 421.71 355.40 Td (customers ) Tj ET Q q 0 0 0 rg BT 460.26 355.40 Td (from ) Tj ET Q q 0 0 0 rg BT 477.92 355.40 Td (basic ) Tj ET Q q 0 0 0 rg BT 498.25 355.40 Td (to ) Tj ET Q q 0 0 0 rg BT 506.58 355.40 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 543.38 355.40 Td (video ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 345.80 Td (services, ) Tj ET Q q 0 0 0 rg BT 102.10 345.80 Td (we ) Tj ET Q q 0 0 0 rg BT 115.36 345.80 Td (report ) Tj ET Q q 0 0 0 rg BT 139.30 345.80 Td (a ) Tj ET Q q 0 0 0 rg BT 146.79 345.80 Td (decrease ) Tj ET Q q 0 0 0 rg BT 182.73 345.80 Td (in ) Tj ET Q q 0 0 0 rg BT 192.00 345.80 Td (our ) Tj ET Q q 0 0 0 rg BT 206.60 345.80 Td (Basic ) Tj ET Q q 0 0 0 rg BT 229.20 345.80 Td (V) Tj ET Q q 0 0 0 rg BT 234.39 345.80 Td (ideo ) Tj ET Q q 0 0 0 rg BT 252.55 345.80 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 297.83 345.80 Td (equal ) Tj ET Q q 0 0 0 rg BT 320.44 345.80 Td (to ) Tj ET Q q 0 0 0 rg BT 330.15 345.80 Td (the ) Tj ET Q q 0 0 0 rg BT 344.31 345.80 Td (increase ) Tj ET Q q 0 0 0 rg BT 377.58 345.80 Td (in ) Tj ET Q q 0 0 0 rg BT 386.85 345.80 Td (our ) Tj ET Q q 0 0 0 rg BT 401.45 345.80 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 440.52 345.80 Td (V) Tj ET Q q 0 0 0 rg BT 445.71 345.80 Td (ideo ) Tj ET Q q 0 0 0 rg BT 463.87 345.80 Td (Subscribers.Subscribers ) Tj ET Q q 0 0 0 rg BT 555.83 345.80 Td (to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 336.20 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 104.99 336.20 Td (video ) Tj ET Q q 0 0 0 rg BT 126.47 336.20 Td (services ) Tj ET Q q 0 0 0 rg BT 158.16 336.20 Td (provided ) Tj ET Q q 0 0 0 rg BT 191.20 336.20 Td (by ) Tj ET Q q 0 0 0 rg BT 201.99 336.20 Td (our ) Tj ET Q q 0 0 0 rg BT 215.91 336.20 Td (operations ) Tj ET Q q 0 0 0 rg BT 255.62 336.20 Td (in ) Tj ET Q q 0 0 0 rg BT 264.19 336.20 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 307.89 336.20 Td (and ) Tj ET Q q 0 0 0 rg BT 323.59 336.20 Td (the ) Tj ET Q q 0 0 0 rg BT 337.06 336.20 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 382.55 336.20 Td (over ) Tj ET Q q 0 0 0 rg BT 400.46 336.20 Td (partner ) Tj ET Q q 0 0 0 rg BT 428.16 336.20 Td (networks ) Tj ET Q q 0 0 0 rg BT 462.52 336.20 Td (receive ) Tj ET Q q 0 0 0 rg BT 490.66 336.20 Td (basic ) Tj ET Q q 0 0 0 rg BT 511.68 336.20 Td (video ) Tj ET Q q 0 0 0 rg BT 533.16 336.20 Td (services ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 326.60 Td (from ) Tj ET Q q 0 0 0 rg BT 85.92 326.60 Td (the ) Tj ET Q q 0 0 0 rg BT 99.46 326.60 Td (partner ) Tj ET Q q 0 0 0 rg BT 127.22 326.60 Td (networks ) Tj ET Q q 0 0 0 rg BT 161.65 326.60 Td (as ) Tj ET Q q 0 0 0 rg BT 172.51 326.60 Td (opposed ) Tj ET Q q 0 0 0 rg BT 205.63 326.60 Td (to ) Tj ET Q q 0 0 0 rg BT 214.72 326.60 Td (our ) Tj ET Q q 0 0 0 rg BT 228.70 326.60 Td (operations. ) Tj ET Q q 0 0 0 rg BT 270.69 326.60 Td (During ) Tj ET Q q 0 0 0 rg BT 296.68 326.60 Td (the ) Tj ET Q q 0 0 0 rg BT 310.22 326.60 Td (first ) Tj ET Q q 0 0 0 rg BT 325.52 326.60 Td (quarter ) Tj ET Q q 0 0 0 rg BT 353.28 326.60 Td (of ) Tj ET Q q 0 0 0 rg BT 362.37 326.60 Td (2015, ) Tj ET Q q 0 0 0 rg BT 384.81 326.60 Td (we ) Tj ET Q q 0 0 0 rg BT 397.45 326.60 Td (modified ) Tj ET Q q 0 0 0 rg BT 430.11 326.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 456.54 326.60 Td (video ) Tj ET Q q 0 0 0 rg BT 478.08 326.60 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 517.40 326.60 Td (definitions ) Tj ET Q q 0 0 0 rg BT 555.84 326.60 Td (to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 317.00 Td (better ) Tj ET Q q 0 0 0 rg BT 89.63 317.00 Td (align ) Tj ET Q q 0 0 0 rg BT 108.20 317.00 Td (these ) Tj ET Q q 0 0 0 rg BT 129.44 317.00 Td (definitions ) Tj ET Q q 0 0 0 rg BT 167.13 317.00 Td (with ) Tj ET Q q 0 0 0 rg BT 183.03 317.00 Td (the ) Tj ET Q q 0 0 0 rg BT 195.82 317.00 Td (underlying ) Tj ET Q q 0 0 0 rg BT 234.41 317.00 Td (services ) Tj ET Q q 0 0 0 rg BT 265.42 317.00 Td (received ) Tj ET Q q 0 0 0 rg BT 297.33 317.00 Td (by ) Tj ET Q q 0 0 0 rg BT 307.45 317.00 Td (our ) Tj ET Q q 0 0 0 rg BT 320.68 317.00 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 363.25 317.00 Td (and ) Tj ET Q q 0 0 0 rg BT 378.27 317.00 Td (have ) Tj ET Q q 0 0 0 rg BT 397.29 317.00 Td (replaced ) Tj ET Q q 0 0 0 rg BT 429.65 317.00 Td (our ) Tj ET Q q 0 0 0 rg BT 442.88 317.00 Td (Digital ) Tj ET Q q 0 0 0 rg BT 469.44 317.00 Td (Cable ) Tj ET Q q 0 0 0 rg BT 494.68 317.00 Td (and ) Tj ET Q q 0 0 0 rg BT 509.70 317.00 Td (Analog ) Tj ET Q q 0 0 0 rg BT 538.94 317.00 Td (Cable ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 307.40 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 106.38 307.40 Td (definitions ) Tj ET Q q 0 0 0 rg BT 144.38 307.40 Td (with ) Tj ET Q q 0 0 0 rg BT 160.59 307.40 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 201.27 307.40 Td (V) Tj ET Q q 0 0 0 rg BT 206.46 307.40 Td (ideo ) Tj ET Q q 0 0 0 rg BT 226.23 307.40 Td (and ) Tj ET Q q 0 0 0 rg BT 241.55 307.40 Td (Basic ) Tj ET Q q 0 0 0 rg BT 265.76 307.40 Td (V) Tj ET Q q 0 0 0 rg BT 270.95 307.40 Td (ideo, ) Tj ET Q q 0 0 0 rg BT 292.94 307.40 Td (respectively) Tj ET Q q 0 0 0 rg BT 334.59 307.40 Td (. ) Tj ET Q q 0 0 0 rg BT 338.79 307.40 Td (In ) Tj ET Q q 0 0 0 rg BT 347.44 307.40 Td (connection ) Tj ET Q q 0 0 0 rg BT 388.11 307.40 Td (with ) Tj ET Q q 0 0 0 rg BT 404.32 307.40 Td (the ) Tj ET Q q 0 0 0 rg BT 417.42 307.40 Td (implementation ) Tj ET Q q 0 0 0 rg BT 473.65 307.40 Td (of ) Tj ET Q q 0 0 0 rg BT 482.30 307.40 Td (the ) Tj ET Q q 0 0 0 rg BT 495.40 307.40 Td (new ) Tj ET Q q 0 0 0 rg BT 512.06 307.40 Td (definitions, ) Tj ET Q q 0 0 0 rg BT 552.28 307.40 Td (we ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 297.80 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 109.92 297.80 Td (916,900 ) Tj ET Q q 0 0 0 rg BT 141.24 297.80 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 179.67 297.80 Td (V) Tj ET Q q 0 0 0 rg BT 184.86 297.80 Td (ideo ) Tj ET Q q 0 0 0 rg BT 202.38 297.80 Td (Subscribers ) Tj ET Q q 0 0 0 rg BT 247.02 297.80 Td (in ) Tj ET Q q 0 0 0 rg BT 255.65 297.80 Td (Germany ) Tj ET Q q 0 0 0 rg BT 290.95 297.80 Td (to ) Tj ET Q q 0 0 0 rg BT 300.02 297.80 Td (Basic ) Tj ET Q q 0 0 0 rg BT 321.99 297.80 Td (V) Tj ET Q q 0 0 0 rg BT 327.18 297.80 Td (ideo ) Tj ET Q q 0 0 0 rg BT 344.70 297.80 Td (Subscribers, ) Tj ET Q q 0 0 0 rg BT 391.57 297.80 Td (representing ) Tj ET Q q 0 0 0 rg BT 438.44 297.80 Td (video ) Tj ET Q q 0 0 0 rg BT 459.97 297.80 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 503.27 297.80 Td (who ) Tj ET Q q 0 0 0 rg BT 520.35 297.80 Td (either ) Tj ET Q q 0 0 0 rg BT 542.76 297.80 Td (pay ) Tj ET Q q 0 0 0 rg BT 558.06 297.80 Td (a ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 288.20 Td (recurring ) Tj ET Q q 0 0 0 rg BT 101.29 288.20 Td (rental ) Tj ET Q q 0 0 0 rg BT 123.52 288.20 Td (fee ) Tj ET Q q 0 0 0 rg BT 136.87 288.20 Td (for ) Tj ET Q q 0 0 0 rg BT 148.43 288.20 Td (a ) Tj ET Q q 0 0 0 rg BT 155.10 288.20 Td (leased ) Tj ET Q q 0 0 0 rg BT 180.89 288.20 Td (set-top ) Tj ET Q q 0 0 0 rg BT 207.57 288.20 Td (box ) Tj ET Q q 0 0 0 rg BT 222.70 288.20 Td (or ) Tj ET Q q 0 0 0 rg BT 232.03 288.20 Td (pay ) Tj ET Q q 0 0 0 rg BT 247.15 288.20 Td (a ) Tj ET Q q 0 0 0 rg BT 253.82 288.20 Td (recurring ) Tj ET Q q 0 0 0 rg BT 287.61 288.20 Td (access ) Tj ET Q q 0 0 0 rg BT 314.73 288.20 Td (fee, ) Tj ET Q q 0 0 0 rg BT 330.30 288.20 Td (but ) Tj ET Q q 0 0 0 rg BT 343.64 288.20 Td (do ) Tj ET Q q 0 0 0 rg BT 354.77 288.20 Td (not ) Tj ET Q q 0 0 0 rg BT 368.11 288.20 Td (subscribe ) Tj ET Q q 0 0 0 rg BT 404.57 288.20 Td (to ) Tj ET Q q 0 0 0 rg BT 413.46 288.20 Td (any ) Tj ET Q q 0 0 0 rg BT 428.59 288.20 Td (recurring ) Tj ET Q q 0 0 0 rg BT 462.38 288.20 Td (encrypted ) Tj ET Q q 0 0 0 rg BT 499.73 288.20 Td (video ) Tj ET Q q 0 0 0 rg BT 521.08 288.20 Td (content. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 276.42 Td (15) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 272.60 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 272.60 Td (MMDS ) Tj ET Q q 0 0 0 rg BT 94.16 272.60 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 134.63 272.60 Td (is ) Tj ET Q q 0 0 0 rg BT 142.63 272.60 Td (a ) Tj ET Q q 0 0 0 rg BT 149.30 272.60 Td (home, ) Tj ET Q q 0 0 0 rg BT 173.75 272.60 Td (residential ) Tj ET Q q 0 0 0 rg BT 212.44 272.60 Td (multiple ) Tj ET Q q 0 0 0 rg BT 242.23 272.60 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 273.36 272.60 Td (unit ) Tj ET Q q 0 0 0 rg BT 288.48 272.60 Td (or ) Tj ET Q q 0 0 0 rg BT 297.82 272.60 Td (commercial ) Tj ET Q q 0 0 0 rg BT 340.93 272.60 Td (unit ) Tj ET Q q 0 0 0 rg BT 356.05 272.60 Td (that ) Tj ET Q q 0 0 0 rg BT 371.62 272.60 Td (receives ) Tj ET Q q 0 0 0 rg BT 403.63 272.60 Td (our ) Tj ET Q q 0 0 0 rg BT 417.42 272.60 Td (video ) Tj ET Q q 0 0 0 rg BT 438.77 272.60 Td (programming ) Tj ET Q q 0 0 0 rg BT 488.12 272.60 Td (via ) Tj ET Q q 0 0 0 rg BT 500.57 272.60 Td (a ) Tj ET Q q 0 0 0 rg BT 507.24 272.60 Td (MMDS. ) 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 (16) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 257.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 257.00 Td (A) Tj ET Q q 0 0 0 rg BT 72.69 257.00 Td (verage ) Tj ET Q q 0 0 0 rg BT 99.24 257.00 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 133.35 257.00 Td (Per ) Tj ET Q q 0 0 0 rg BT 147.89 257.00 Td (Unit ) Tj ET Q q 0 0 0 rg BT 164.20 257.00 Td (\(ARPU\) ) Tj ET Q q 0 0 0 rg BT 199.17 257.00 Td (refers ) Tj ET Q q 0 0 0 rg BT 221.71 257.00 Td (to ) Tj ET Q q 0 0 0 rg BT 230.46 257.00 Td (the ) Tj ET Q q 0 0 0 rg BT 243.67 257.00 Td (average ) Tj ET Q q 0 0 0 rg BT 274.67 257.00 Td (monthly ) Tj ET Q q 0 0 0 rg BT 304.77 257.00 Td (subscription ) Tj ET Q q 0 0 0 rg BT 349.54 257.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 380.54 257.00 Td (per ) Tj ET Q q 0 0 0 rg BT 394.19 257.00 Td (average ) Tj ET Q q 0 0 0 rg BT 425.19 257.00 Td (customer ) Tj ET Q q 0 0 0 rg BT 460.17 257.00 Td (relationship ) Tj ET Q q 0 0 0 rg BT 503.17 257.00 Td (and ) Tj ET Q q 0 0 0 rg BT 518.61 257.00 Td (is ) Tj ET Q q 0 0 0 rg BT 526.47 257.00 Td (calculated ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 247.40 Td (by ) Tj ET Q q 0 0 0 rg BT 78.32 247.40 Td (dividing ) Tj ET Q q 0 0 0 rg BT 107.81 247.40 Td (the ) Tj ET Q q 0 0 0 rg BT 121.30 247.40 Td (average ) Tj ET Q q 0 0 0 rg BT 152.58 247.40 Td (monthly ) Tj ET Q q 0 0 0 rg BT 182.96 247.40 Td (subscription ) Tj ET Q q 0 0 0 rg BT 228.01 247.40 Td (revenue ) Tj ET Q q 0 0 0 rg BT 259.29 247.40 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 298.12 247.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 324.05 247.40 Td (services, ) Tj ET Q q 0 0 0 rg BT 357.98 247.40 Td (B2B ) Tj ET Q q 0 0 0 rg BT 375.47 247.40 Td (services, ) Tj ET Q q 0 0 0 rg BT 409.40 247.40 Td (interconnect, ) Tj ET Q q 0 0 0 rg BT 457.57 247.40 Td (channel ) Tj ET Q q 0 0 0 rg BT 487.96 247.40 Td (carriage ) Tj ET Q q 0 0 0 rg BT 519.23 247.40 Td (fees, ) Tj ET Q q 0 0 0 rg BT 538.95 247.40 Td (mobile ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 237.80 Td (handset ) Tj ET Q q 0 0 0 rg BT 98.46 237.80 Td (sales ) Tj ET Q q 0 0 0 rg BT 119.63 237.80 Td (and ) Tj ET Q q 0 0 0 rg BT 135.46 237.80 Td (installation ) Tj ET Q q 0 0 0 rg BT 175.76 237.80 Td (fees\) ) Tj ET Q q 0 0 0 rg BT 196.03 237.80 Td (for ) Tj ET Q q 0 0 0 rg BT 207.86 237.80 Td (the ) Tj ET Q q 0 0 0 rg BT 221.47 237.80 Td (indicated ) Tj ET Q q 0 0 0 rg BT 255.98 237.80 Td (period, ) Tj ET Q q 0 0 0 rg BT 282.94 237.80 Td (by ) Tj ET Q q 0 0 0 rg BT 293.88 237.80 Td (the ) Tj ET Q q 0 0 0 rg BT 307.49 237.80 Td (average ) Tj ET Q q 0 0 0 rg BT 338.89 237.80 Td (of ) Tj ET Q q 0 0 0 rg BT 348.05 237.80 Td (the ) Tj ET Q q 0 0 0 rg BT 361.66 237.80 Td (opening ) Tj ET Q q 0 0 0 rg BT 392.63 237.80 Td (and ) Tj ET Q q 0 0 0 rg BT 408.46 237.80 Td (closing ) Tj ET Q q 0 0 0 rg BT 435.86 237.80 Td (balances ) Tj ET Q q 0 0 0 rg BT 470.37 237.80 Td (for ) Tj ET Q q 0 0 0 rg BT 482.20 237.80 Td (customer ) Tj ET Q q 0 0 0 rg BT 517.59 237.80 Td (relationships ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 228.20 Td (for ) Tj ET Q q 0 0 0 rg BT 79.06 228.20 Td (the ) Tj ET Q q 0 0 0 rg BT 92.41 228.20 Td (period. ) Tj ET Q q 0 0 0 rg BT 119.10 228.20 Td (Customer ) Tj ET Q q 0 0 0 rg BT 156.00 228.20 Td (relationships ) Tj ET Q q 0 0 0 rg BT 203.14 228.20 Td (of ) Tj ET Q q 0 0 0 rg BT 212.04 228.20 Td (entities ) Tj ET Q q 0 0 0 rg BT 239.62 228.20 Td (acquired ) Tj ET Q q 0 0 0 rg BT 272.53 228.20 Td (during ) Tj ET Q q 0 0 0 rg BT 297.00 228.20 Td (the ) Tj ET Q q 0 0 0 rg BT 310.34 228.20 Td (period ) Tj ET Q q 0 0 0 rg BT 334.81 228.20 Td (are ) Tj ET Q q 0 0 0 rg BT 348.60 228.20 Td (normalized. ) Tj ET Q q 0 0 0 rg BT 392.18 228.20 Td (Unless ) Tj ET Q q 0 0 0 rg BT 418.86 228.20 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 455.32 228.20 Td (indicated, ) Tj ET Q q 0 0 0 rg BT 491.35 228.20 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 515.81 228.20 Td (per ) Tj ET Q q 0 0 0 rg BT 529.60 228.20 Td (customer ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 218.60 Td (relationship ) Tj ET Q q 0 0 0 rg BT 110.60 218.60 Td (is ) Tj ET Q q 0 0 0 rg BT 118.56 218.60 Td (not ) Tj ET Q q 0 0 0 rg BT 131.86 218.60 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 164.29 218.60 Td (for ) Tj ET Q q 0 0 0 rg BT 175.81 218.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 208.67 218.60 Td (impacts. ) Tj ET Q q 0 0 0 rg BT 240.21 218.60 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 264.62 218.60 Td (per ) Tj ET Q q 0 0 0 rg BT 278.36 218.60 Td (RGU ) Tj ET Q q 0 0 0 rg BT 298.32 218.60 Td (refers ) Tj ET Q q 0 0 0 rg BT 320.96 218.60 Td (to ) Tj ET Q q 0 0 0 rg BT 329.81 218.60 Td (average ) Tj ET Q q 0 0 0 rg BT 360.91 218.60 Td (monthly ) Tj ET Q q 0 0 0 rg BT 391.10 218.60 Td (subscription ) Tj ET Q q 0 0 0 rg BT 435.97 218.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 467.07 218.60 Td (per ) Tj ET Q q 0 0 0 rg BT 480.81 218.60 Td (average ) Tj ET Q q 0 0 0 rg BT 511.91 218.60 Td (RGU, ) Tj ET Q q 0 0 0 rg BT 534.09 218.60 Td (which ) Tj ET Q q 0 0 0 rg BT 556.73 218.60 Td (is ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 209.00 Td (calculated ) Tj ET Q q 0 0 0 rg BT 106.37 209.00 Td (by ) Tj ET Q q 0 0 0 rg BT 117.67 209.00 Td (dividing ) Tj ET Q q 0 0 0 rg BT 147.65 209.00 Td (the ) Tj ET Q q 0 0 0 rg BT 161.62 209.00 Td (average ) Tj ET Q q 0 0 0 rg BT 193.38 209.00 Td (monthly ) Tj ET Q q 0 0 0 rg BT 224.25 209.00 Td (subscription ) Tj ET Q q 0 0 0 rg BT 269.78 209.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 301.54 209.00 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 340.86 209.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 367.27 209.00 Td (services, ) Tj ET Q q 0 0 0 rg BT 401.69 209.00 Td (B2B ) Tj ET Q q 0 0 0 rg BT 419.66 209.00 Td (services, ) Tj ET Q q 0 0 0 rg BT 454.07 209.00 Td (interconnect, ) Tj ET Q q 0 0 0 rg BT 502.73 209.00 Td (channel ) Tj ET Q q 0 0 0 rg BT 533.60 209.00 Td (carriage ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 199.40 Td (fees, ) Tj ET Q q 0 0 0 rg BT 86.89 199.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 112.51 199.40 Td (handset ) Tj ET Q q 0 0 0 rg BT 143.03 199.40 Td (sales ) Tj ET Q q 0 0 0 rg BT 163.76 199.40 Td (and ) Tj ET Q q 0 0 0 rg BT 179.15 199.40 Td (installation ) Tj ET Q q 0 0 0 rg BT 219.00 199.40 Td (fees\) ) Tj ET Q q 0 0 0 rg BT 238.84 199.40 Td (for ) Tj ET Q q 0 0 0 rg BT 250.23 199.40 Td (the ) Tj ET Q q 0 0 0 rg BT 263.40 199.40 Td (indicated ) Tj ET Q q 0 0 0 rg BT 297.47 199.40 Td (period, ) Tj ET Q q 0 0 0 rg BT 323.98 199.40 Td (by ) Tj ET Q q 0 0 0 rg BT 334.48 199.40 Td (the ) Tj ET Q q 0 0 0 rg BT 347.65 199.40 Td (average ) Tj ET Q q 0 0 0 rg BT 378.61 199.40 Td (of ) Tj ET Q q 0 0 0 rg BT 387.34 199.40 Td (the ) Tj ET Q q 0 0 0 rg BT 400.51 199.40 Td (opening ) Tj ET Q q 0 0 0 rg BT 431.03 199.40 Td (and ) Tj ET Q q 0 0 0 rg BT 446.43 199.40 Td (closing ) Tj ET Q q 0 0 0 rg BT 473.38 199.40 Td (balances ) Tj ET Q q 0 0 0 rg BT 507.46 199.40 Td (of ) Tj ET Q q 0 0 0 rg BT 516.18 199.40 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 540.00 199.40 Td (for ) Tj ET Q q 0 0 0 rg BT 551.39 199.40 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 189.80 Td (period. ) Tj ET Q q 0 0 0 rg BT 94.32 189.80 Td ( ) Tj ET Q q 0 0 0 rg BT 96.69 189.80 Td (Unless ) Tj ET Q q 0 0 0 rg BT 123.50 189.80 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 160.10 189.80 Td (noted, ) Tj ET Q q 0 0 0 rg BT 184.24 189.80 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 208.83 189.80 Td (in ) Tj ET Q q 0 0 0 rg BT 217.42 189.80 Td (this ) Tj ET Q q 0 0 0 rg BT 232.23 189.80 Td (release ) Tj ET Q q 0 0 0 rg BT 260.83 189.80 Td (is ) Tj ET Q q 0 0 0 rg BT 268.97 189.80 Td (considered ) Tj ET Q q 0 0 0 rg BT 310.47 189.80 Td (to ) Tj ET Q q 0 0 0 rg BT 319.51 189.80 Td (be ) Tj ET Q q 0 0 0 rg BT 330.30 189.80 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 354.89 189.80 Td (per ) Tj ET Q q 0 0 0 rg BT 368.81 189.80 Td (average ) Tj ET Q q 0 0 0 rg BT 400.08 189.80 Td (customer ) Tj ET Q q 0 0 0 rg BT 435.35 189.80 Td (relationship. ) Tj ET Q q 0 0 0 rg BT 480.85 189.80 Td (During ) Tj ET Q q 0 0 0 rg BT 506.77 189.80 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 519.81 189.80 Td (2015, ) Tj ET Q q 0 0 0 rg BT 542.19 189.80 Td (V) Tj ET Q q 0 0 0 rg BT 547.38 189.80 Td (irgin ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 180.20 Td (Media ) Tj ET Q q 0 0 0 rg BT 92.13 180.20 Td (reclassified ) Tj ET Q q 0 0 0 rg BT 134.98 180.20 Td (certain ) Tj ET Q q 0 0 0 rg BT 161.83 180.20 Td (non-recurring ) Tj ET Q q 0 0 0 rg BT 212.24 180.20 Td (discounts ) Tj ET Q q 0 0 0 rg BT 248.88 180.20 Td (from ) Tj ET Q q 0 0 0 rg BT 267.71 180.20 Td (other ) Tj ET Q q 0 0 0 rg BT 288.78 180.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 320.53 180.20 Td (to ) Tj ET Q q 0 0 0 rg BT 330.04 180.20 Td (subscription ) Tj ET Q q 0 0 0 rg BT 375.56 180.20 Td (revenue. ) Tj ET Q q 0 0 0 rg BT 409.53 180.20 Td ( ) Tj ET Q q 0 0 0 rg BT 411.81 180.20 Td (After ) Tj ET Q q 0 0 0 rg BT 431.54 180.20 Td (adjusting ) Tj ET Q q 0 0 0 rg BT 466.40 180.20 Td (for ) Tj ET Q q 0 0 0 rg BT 478.57 180.20 Td (this ) Tj ET Q q 0 0 0 rg BT 493.86 180.20 Td (reclassification, ) Tj ET Q q 0 0 0 rg BT 551.38 180.20 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 170.60 Td (previously ) Tj ET Q q 0 0 0 rg BT 105.74 170.60 Td (reported ) Tj ET Q q 0 0 0 rg BT 137.32 170.60 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 161.77 170.60 Td (would ) Tj ET Q q 0 0 0 rg BT 184.89 170.60 Td (change ) Tj ET Q q 0 0 0 rg BT 213.36 170.60 Td (to ) Tj ET Q q 0 0 0 rg BT 222.25 170.60 Td (48.38 ) Tj ET Q q 0 0 0 rg BT 248.95 170.60 Td (for ) Tj ET Q q 0 0 0 rg BT 260.50 170.60 Td (Q3 ) Tj ET Q q 0 0 0 rg BT 273.40 170.60 Td (2015, ) Tj ET Q q 0 0 0 rg BT 295.64 170.60 Td (49.23 ) Tj ET Q q 0 0 0 rg BT 322.33 170.60 Td (for ) Tj ET Q q 0 0 0 rg BT 333.89 170.60 Td (Q2 ) Tj ET Q q 0 0 0 rg BT 346.79 170.60 Td (2015, ) Tj ET Q q 0 0 0 rg BT 369.03 170.60 Td (48.35 ) Tj ET Q q 0 0 0 rg BT 395.72 170.60 Td (for ) Tj ET Q q 0 0 0 rg BT 407.28 170.60 Td (Q1 ) Tj ET Q q 0 0 0 rg BT 420.17 170.60 Td (2015, ) Tj ET Q q 0 0 0 rg BT 442.41 170.60 Td (and ) Tj ET Q q 0 0 0 rg BT 457.98 170.60 Td (48.29 ) Tj ET Q q 0 0 0 rg BT 484.68 170.60 Td (for ) Tj ET Q q 0 0 0 rg BT 496.23 170.60 Td (Q4 ) Tj ET Q q 0 0 0 rg BT 509.13 170.60 Td (2014.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 158.82 Td (17 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 155.00 Td (Quad-play ) Tj ET Q q 0 0 0 rg BT 106.82 155.00 Td (penetration ) Tj ET Q q 0 0 0 rg BT 149.26 155.00 Td (represents ) Tj ET Q q 0 0 0 rg BT 189.47 155.00 Td (the ) Tj ET Q q 0 0 0 rg BT 203.00 155.00 Td (number ) Tj ET Q q 0 0 0 rg BT 232.53 155.00 Td (of ) Tj ET Q q 0 0 0 rg BT 241.61 155.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 280.92 155.00 Td (who ) Tj ET Q q 0 0 0 rg BT 298.00 155.00 Td (subscribe ) Tj ET Q q 0 0 0 rg BT 334.65 155.00 Td (to ) Tj ET Q q 0 0 0 rg BT 343.73 155.00 Td (V) Tj ET Q q 0 0 0 rg BT 348.92 155.00 Td (irgin ) Tj ET Q q 0 0 0 rg BT 366.45 155.00 Td (Media's ) Tj ET Q q 0 0 0 rg BT 396.18 155.00 Td (four ) Tj ET Q q 0 0 0 rg BT 412.37 155.00 Td (primary ) Tj ET Q q 0 0 0 rg BT 441.45 155.00 Td (services: ) Tj ET Q q 0 0 0 rg BT 475.42 155.00 Td (video, ) Tj ET Q q 0 0 0 rg BT 499.18 155.00 Td (internet, ) Tj ET Q q 0 0 0 rg BT 530.49 155.00 Td (fixed-line ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 145.40 Td (telephony) Tj ET Q q 0 0 0 rg BT 101.60 145.40 Td (, ) Tj ET Q q 0 0 0 rg BT 106.05 145.40 Td (and ) Tj ET Q q 0 0 0 rg BT 121.62 145.40 Td (postpaid ) Tj ET Q q 0 0 0 rg BT 154.09 145.40 Td (or ) Tj ET Q q 0 0 0 rg BT 163.42 145.40 Td (prepaid ) Tj ET Q q 0 0 0 rg BT 192.33 145.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 218.12 145.40 Td (telephony) Tj ET Q q 0 0 0 rg BT 252.22 145.40 Td (, ) Tj ET Q q 0 0 0 rg BT 256.67 145.40 Td (divided ) Tj ET Q q 0 0 0 rg BT 284.24 145.40 Td (by ) Tj ET Q q 0 0 0 rg BT 294.91 145.40 Td (customer ) Tj ET Q q 0 0 0 rg BT 330.04 145.40 Td (relationships.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 133.62 Td (18 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 129.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 83.54 129.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 109.80 129.80 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 149.40 129.80 Td (count ) Tj ET Q q 0 0 0 rg BT 171.67 129.80 Td (represents ) Tj ET Q q 0 0 0 rg BT 212.17 129.80 Td (the ) Tj ET Q q 0 0 0 rg BT 225.99 129.80 Td (number ) Tj ET Q q 0 0 0 rg BT 255.81 129.80 Td (of ) Tj ET Q q 0 0 0 rg BT 265.18 129.80 Td (active ) Tj ET Q q 0 0 0 rg BT 288.78 129.80 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 328.38 129.80 Td (identification ) Tj ET Q q 0 0 0 rg BT 375.55 129.80 Td (module ) Tj ET Q q 0 0 0 rg BT 404.49 129.80 Td (\(SIM\) ) Tj ET Q q 0 0 0 rg BT 432.07 129.80 Td (cards ) Tj ET Q q 0 0 0 rg BT 454.33 129.80 Td (in ) Tj ET Q q 0 0 0 rg BT 463.26 129.80 Td (service ) Tj ET Q q 0 0 0 rg BT 491.30 129.80 Td (rather ) Tj ET Q q 0 0 0 rg BT 514.89 129.80 Td (than ) Tj ET Q q 0 0 0 rg BT 533.16 129.80 Td (services ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 120.20 Td (provided. ) Tj ET Q q 0 0 0 rg BT 102.91 120.20 Td (For ) Tj ET Q q 0 0 0 rg BT 117.40 120.20 Td (example, ) Tj ET Q q 0 0 0 rg BT 152.36 120.20 Td (if ) Tj ET Q q 0 0 0 rg BT 158.85 120.20 Td (a ) Tj ET Q q 0 0 0 rg BT 165.80 120.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 191.86 120.20 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 231.25 120.20 Td (has ) Tj ET Q q 0 0 0 rg BT 246.65 120.20 Td (both ) Tj ET Q q 0 0 0 rg BT 264.71 120.20 Td (a ) Tj ET Q q 0 0 0 rg BT 271.66 120.20 Td (data ) Tj ET Q q 0 0 0 rg BT 289.72 120.20 Td (and ) Tj ET Q q 0 0 0 rg BT 305.57 120.20 Td (voice ) Tj ET Q q 0 0 0 rg BT 326.74 120.20 Td (plan ) Tj ET Q q 0 0 0 rg BT 344.36 120.20 Td (on ) Tj ET Q q 0 0 0 rg BT 355.75 120.20 Td (a ) Tj ET Q q 0 0 0 rg BT 362.70 120.20 Td (smartphone ) Tj ET Q q 0 0 0 rg BT 407.44 120.20 Td (this ) Tj ET Q q 0 0 0 rg BT 422.38 120.20 Td (would ) Tj ET Q q 0 0 0 rg BT 445.78 120.20 Td (equate ) Tj ET Q q 0 0 0 rg BT 472.74 120.20 Td (to ) Tj ET Q q 0 0 0 rg BT 481.91 120.20 Td (one ) Tj ET Q q 0 0 0 rg BT 497.75 120.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 523.81 120.20 Td (subscriber) Tj ET Q q 0 0 0 rg BT 560.27 120.20 Td (. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 110.60 Td (Alternatively) Tj ET Q q 0 0 0 rg BT 110.48 110.60 Td (, ) Tj ET Q q 0 0 0 rg BT 115.07 110.60 Td (a ) Tj ET Q q 0 0 0 rg BT 121.88 110.60 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 161.15 110.60 Td (who ) Tj ET Q q 0 0 0 rg BT 178.19 110.60 Td (has ) Tj ET Q q 0 0 0 rg BT 193.46 110.60 Td (a ) Tj ET Q q 0 0 0 rg BT 200.27 110.60 Td (voice ) Tj ET Q q 0 0 0 rg BT 221.31 110.60 Td (and ) Tj ET Q q 0 0 0 rg BT 237.03 110.60 Td (data ) Tj ET Q q 0 0 0 rg BT 254.96 110.60 Td (plan ) Tj ET Q q 0 0 0 rg BT 272.45 110.60 Td (for ) Tj ET Q q 0 0 0 rg BT 284.16 110.60 Td (a ) Tj ET Q q 0 0 0 rg BT 290.97 110.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 316.90 110.60 Td (handset ) Tj ET Q q 0 0 0 rg BT 347.74 110.60 Td (and ) Tj ET Q q 0 0 0 rg BT 363.45 110.60 Td (a ) Tj ET Q q 0 0 0 rg BT 370.27 110.60 Td (data ) Tj ET Q q 0 0 0 rg BT 388.20 110.60 Td (plan ) Tj ET Q q 0 0 0 rg BT 405.69 110.60 Td (for ) Tj ET Q q 0 0 0 rg BT 417.39 110.60 Td (a ) Tj ET Q q 0 0 0 rg BT 424.21 110.60 Td (laptop ) Tj ET Q q 0 0 0 rg BT 448.37 110.60 Td (\(via ) Tj ET Q q 0 0 0 rg BT 463.63 110.60 Td (a ) Tj ET Q q 0 0 0 rg BT 470.44 110.60 Td (dongle\) ) Tj ET Q q 0 0 0 rg BT 499.50 110.60 Td (would ) Tj ET Q q 0 0 0 rg BT 522.76 110.60 Td (be ) Tj ET Q q 0 0 0 rg BT 534.03 110.60 Td (counted ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 101.00 Td (as ) Tj ET Q q 0 0 0 rg BT 77.86 101.00 Td (two ) Tj ET Q q 0 0 0 rg BT 92.22 101.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 117.70 101.00 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 162.73 101.00 Td (Customers ) Tj ET Q q 0 0 0 rg BT 203.32 101.00 Td (who ) Tj ET Q q 0 0 0 rg BT 219.90 101.00 Td (do ) Tj ET Q q 0 0 0 rg BT 230.71 101.00 Td (not ) Tj ET Q q 0 0 0 rg BT 243.74 101.00 Td (pay ) Tj ET Q q 0 0 0 rg BT 258.55 101.00 Td (a ) Tj ET Q q 0 0 0 rg BT 264.91 101.00 Td (recurring ) Tj ET Q q 0 0 0 rg BT 298.39 101.00 Td (monthly ) Tj ET Q q 0 0 0 rg BT 328.31 101.00 Td (fee ) Tj ET Q q 0 0 0 rg BT 341.34 101.00 Td (are ) Tj ET Q q 0 0 0 rg BT 354.81 101.00 Td (excluded ) Tj ET Q q 0 0 0 rg BT 388.75 101.00 Td (from ) Tj ET Q q 0 0 0 rg BT 406.66 101.00 Td (our ) Tj ET Q q 0 0 0 rg BT 420.13 101.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 445.61 101.00 Td (telephony ) Tj ET Q q 0 0 0 rg BT 482.21 101.00 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 521.02 101.00 Td (counts ) Tj ET Q q 0 0 0 rg BT 546.50 101.00 Td (after ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 91.40 Td (periods ) Tj ET Q q 0 0 0 rg BT 95.96 91.40 Td (of ) Tj ET Q q 0 0 0 rg BT 104.86 91.40 Td (inactivity ) Tj ET Q q 0 0 0 rg BT 137.75 91.40 Td (ranging ) Tj ET Q q 0 0 0 rg BT 166.66 91.40 Td (from ) Tj ET Q q 0 0 0 rg BT 184.89 91.40 Td (30 ) Tj ET Q q 0 0 0 rg BT 196.01 91.40 Td (to ) Tj ET Q q 0 0 0 rg BT 204.90 91.40 Td (90 ) Tj ET Q q 0 0 0 rg BT 216.02 91.40 Td (days, ) Tj ET Q q 0 0 0 rg BT 237.37 91.40 Td (based ) Tj ET Q q 0 0 0 rg BT 261.39 91.40 Td (on ) Tj ET Q q 0 0 0 rg BT 272.51 91.40 Td (industry ) Tj ET Q q 0 0 0 rg BT 302.74 91.40 Td (standards ) Tj ET Q q 0 0 0 rg BT 340.10 91.40 Td (within ) Tj ET Q q 0 0 0 rg BT 362.77 91.40 Td (the ) Tj ET Q q 0 0 0 rg BT 376.12 91.40 Td (respective ) Tj ET Q q 0 0 0 rg BT 414.80 91.40 Td (country) Tj ET Q q 0 0 0 rg BT 440.44 91.40 Td (.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 79.62 Td (19 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 75.80 Td (Our ) Tj ET Q q 0 0 0 rg BT 82.83 75.80 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 107.55 75.80 Td (per ) Tj ET Q q 0 0 0 rg BT 121.61 75.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 147.66 75.80 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 187.06 75.80 Td (calculation ) Tj ET Q q 0 0 0 rg BT 227.35 75.80 Td (that ) Tj ET Q q 0 0 0 rg BT 243.19 75.80 Td (excludes ) Tj ET Q q 0 0 0 rg BT 277.25 75.80 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 323.33 75.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 354.73 75.80 Td (refers ) Tj ET Q q 0 0 0 rg BT 377.67 75.80 Td (to ) Tj ET Q q 0 0 0 rg BT 386.83 75.80 Td (the ) Tj ET Q q 0 0 0 rg BT 400.44 75.80 Td (average ) Tj ET Q q 0 0 0 rg BT 431.85 75.80 Td (monthly ) Tj ET Q q 0 0 0 rg BT 462.35 75.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 488.41 75.80 Td (subscription ) Tj ET Q q 0 0 0 rg BT 533.59 75.80 Td (revenue ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 66.20 Td (per ) Tj ET Q q 0 0 0 rg BT 80.97 66.20 Td (average ) Tj ET Q q 0 0 0 rg BT 111.78 66.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 137.26 66.20 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 180.06 66.20 Td (in ) Tj ET Q q 0 0 0 rg BT 188.20 66.20 Td (service ) Tj ET Q q 0 0 0 rg BT 215.44 66.20 Td (and ) Tj ET Q q 0 0 0 rg BT 230.70 66.20 Td (is ) Tj ET Q q 0 0 0 rg BT 238.38 66.20 Td (calculated ) Tj ET Q q 0 0 0 rg BT 276.31 66.20 Td (by ) Tj ET Q q 0 0 0 rg BT 286.66 66.20 Td (dividing ) Tj ET Q q 0 0 0 rg BT 315.70 66.20 Td (the ) Tj ET Q q 0 0 0 rg BT 328.72 66.20 Td (average ) Tj ET Q q 0 0 0 rg BT 359.54 66.20 Td (monthly ) Tj ET Q q 0 0 0 rg BT 389.46 66.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 414.93 66.20 Td (subscription ) Tj ET Q q 0 0 0 rg BT 459.52 66.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 490.34 66.20 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 528.71 66.20 Td (activation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 56.60 Td (fees, ) Tj ET Q q 0 0 0 rg BT 86.66 56.60 Td (handset ) Tj ET Q q 0 0 0 rg BT 116.95 56.60 Td (sales ) Tj ET Q q 0 0 0 rg BT 137.44 56.60 Td (and ) Tj ET Q q 0 0 0 rg BT 152.61 56.60 Td (late ) Tj ET Q q 0 0 0 rg BT 167.32 56.60 Td (fees\) ) Tj ET Q q 0 0 0 rg BT 186.93 56.60 Td (for ) Tj ET Q q 0 0 0 rg BT 198.08 56.60 Td (the ) Tj ET Q q 0 0 0 rg BT 211.02 56.60 Td (indicated ) Tj ET Q q 0 0 0 rg BT 244.86 56.60 Td (period, ) Tj ET Q q 0 0 0 rg BT 271.14 56.60 Td (by ) Tj ET Q q 0 0 0 rg BT 281.41 56.60 Td (the ) Tj ET Q q 0 0 0 rg BT 294.35 56.60 Td (average ) Tj ET Q q 0 0 0 rg BT 325.07 56.60 Td (of ) Tj ET Q q 0 0 0 rg BT 333.56 56.60 Td (the ) Tj ET Q q 0 0 0 rg BT 346.50 56.60 Td (opening ) Tj ET Q q 0 0 0 rg BT 376.79 56.60 Td (and ) Tj ET Q q 0 0 0 rg BT 391.96 56.60 Td (closing ) Tj ET Q q 0 0 0 rg BT 418.68 56.60 Td (balances ) Tj ET Q q 0 0 0 rg BT 452.52 56.60 Td (of ) Tj ET Q q 0 0 0 rg BT 461.01 56.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 486.39 56.60 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 529.11 56.60 Td (in ) Tj ET Q q 0 0 0 rg BT 537.16 56.60 Td (service ) Tj ET Q /GS0 gs q 75.80 0 0 47.00 486.15 732.50 cm /I97 Do Q endstream endobj 85 0 obj <> endobj 86 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 (42) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 714.20 Td (for ) Tj ET Q q 0 0 0 rg BT 78.59 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 91.46 714.20 Td (period. ) Tj ET Q q 0 0 0 rg BT 117.67 714.20 Td (Our ) Tj ET Q q 0 0 0 rg BT 132.41 714.20 Td (ARPU ) Tj ET Q q 0 0 0 rg BT 156.39 714.20 Td (per ) Tj ET Q q 0 0 0 rg BT 169.70 714.20 Td (mobile ) Tj ET Q q 0 0 0 rg BT 195.02 714.20 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 233.68 714.20 Td (calculation ) Tj ET Q q 0 0 0 rg BT 273.23 714.20 Td (that ) Tj ET Q q 0 0 0 rg BT 288.32 714.20 Td (includes ) Tj ET Q q 0 0 0 rg BT 319.43 714.20 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 364.76 714.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 395.42 714.20 Td (increases ) Tj ET Q q 0 0 0 rg BT 431.41 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 444.28 714.20 Td (numerator ) Tj ET Q q 0 0 0 rg BT 482.50 714.20 Td (in ) Tj ET Q q 0 0 0 rg BT 490.47 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 503.35 714.20 Td (above-described ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 704.60 Td (calculation ) Tj ET Q q 0 0 0 rg BT 107.52 704.60 Td (by ) Tj ET Q q 0 0 0 rg BT 118.20 704.60 Td (the ) Tj ET Q q 0 0 0 rg BT 131.54 704.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 160.45 704.60 Td (of ) Tj ET Q q 0 0 0 rg BT 169.34 704.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 195.13 704.60 Td (interconnect ) Tj ET Q q 0 0 0 rg BT 240.93 704.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 272.07 704.60 Td (during ) Tj ET Q q 0 0 0 rg BT 296.53 704.60 Td (the ) Tj ET Q q 0 0 0 rg BT 309.87 704.60 Td (period.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 692.82 Td (20 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 689.00 Td (During ) Tj ET Q q 0 0 0 rg BT 93.90 689.00 Td (the ) Tj ET Q q 0 0 0 rg BT 107.86 689.00 Td (first ) Tj ET Q q 0 0 0 rg BT 123.58 689.00 Td (quarter ) Tj ET Q q 0 0 0 rg BT 151.77 689.00 Td (of ) Tj ET Q q 0 0 0 rg BT 161.27 689.00 Td (2015, ) Tj ET Q q 0 0 0 rg BT 184.13 689.00 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 210.98 689.00 Td (Global ) Tj ET Q q 0 0 0 rg BT 236.94 689.00 Td (transferred ) Tj ET Q q 0 0 0 rg BT 278.46 689.00 Td (certain ) Tj ET Q q 0 0 0 rg BT 305.30 689.00 Td (entities ) Tj ET Q q 0 0 0 rg BT 333.49 689.00 Td (that ) Tj ET Q q 0 0 0 rg BT 349.67 689.00 Td (incur ) Tj ET Q q 0 0 0 rg BT 369.84 689.00 Td (central ) Tj ET Q q 0 0 0 rg BT 396.69 689.00 Td (and ) Tj ET Q q 0 0 0 rg BT 412.88 689.00 Td (other ) Tj ET Q q 0 0 0 rg BT 433.95 689.00 Td (administrative ) Tj ET Q q 0 0 0 rg BT 486.13 689.00 Td (costs ) Tj ET Q q 0 0 0 rg BT 507.64 689.00 Td (\(the ) Tj ET Q q 0 0 0 rg BT 524.26 689.00 Td (Corporate ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 679.40 Td (Entities ) Tj ET Q q 0 0 0 rg BT 95.73 679.40 Td (T) Tj ET Q q 0 0 0 rg BT 100.32 679.40 Td (ransfer\) ) Tj ET Q q 0 0 0 rg BT 132.69 679.40 Td (from ) Tj ET Q q 0 0 0 rg BT 150.83 679.40 Td (UPC ) Tj ET Q q 0 0 0 rg BT 169.85 679.40 Td (Holding ) Tj ET Q q 0 0 0 rg BT 199.12 679.40 Td (B.V) Tj ET Q q 0 0 0 rg BT 211.28 679.40 Td (. ) Tj ET Q q 0 0 0 rg BT 215.64 679.40 Td (to ) Tj ET Q q 0 0 0 rg BT 224.45 679.40 Td (certain ) Tj ET Q q 0 0 0 rg BT 250.60 679.40 Td (other ) Tj ET Q q 0 0 0 rg BT 270.98 679.40 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 297.13 679.40 Td (Global ) Tj ET Q q 0 0 0 rg BT 322.39 679.40 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 366.77 679.40 Td (that ) Tj ET Q q 0 0 0 rg BT 382.25 679.40 Td (are ) Tj ET Q q 0 0 0 rg BT 395.95 679.40 Td (outside ) Tj ET Q q 0 0 0 rg BT 423.89 679.40 Td (of ) Tj ET Q q 0 0 0 rg BT 432.70 679.40 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 458.85 679.40 Td (Global) Tj ET Q q 0 0 0 rg BT 483.60 679.40 Td (s ) Tj ET Q q 0 0 0 rg BT 489.74 679.40 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 527.01 679.40 Td (groups. ) Tj ET Q q 0 0 0 rg BT 555.83 679.40 Td (In ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 669.80 Td (connection ) Tj ET Q q 0 0 0 rg BT 108.11 669.80 Td (with ) Tj ET Q q 0 0 0 rg BT 124.25 669.80 Td (the ) Tj ET Q q 0 0 0 rg BT 137.28 669.80 Td (Corporate ) Tj ET Q q 0 0 0 rg BT 174.77 669.80 Td (Entities ) Tj ET Q q 0 0 0 rg BT 202.79 669.80 Td (T) Tj ET Q q 0 0 0 rg BT 207.38 669.80 Td (ransfer) Tj ET Q q 0 0 0 rg BT 231.83 669.80 Td (, ) Tj ET Q q 0 0 0 rg BT 235.97 669.80 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 261.89 669.80 Td (Global ) Tj ET Q q 0 0 0 rg BT 286.93 669.80 Td (changed ) Tj ET Q q 0 0 0 rg BT 319.54 669.80 Td (the ) Tj ET Q q 0 0 0 rg BT 332.57 669.80 Td (processes ) Tj ET Q q 0 0 0 rg BT 370.94 669.80 Td (it ) Tj ET Q q 0 0 0 rg BT 376.86 669.80 Td (uses ) Tj ET Q q 0 0 0 rg BT 395.67 669.80 Td (to ) Tj ET Q q 0 0 0 rg BT 404.25 669.80 Td (charge ) Tj ET Q q 0 0 0 rg BT 430.62 669.80 Td (fees ) Tj ET Q q 0 0 0 rg BT 447.66 669.80 Td (and ) Tj ET Q q 0 0 0 rg BT 462.92 669.80 Td (allocate ) Tj ET Q q 0 0 0 rg BT 492.40 669.80 Td (costs ) Tj ET Q q 0 0 0 rg BT 512.99 669.80 Td (and ) Tj ET Q q 0 0 0 rg BT 528.25 669.80 Td (expenses ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 660.20 Td (from ) Tj ET Q q 0 0 0 rg BT 85.95 660.20 Td (one ) Tj ET Q q 0 0 0 rg BT 101.75 660.20 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 140.21 660.20 Td (to ) Tj ET Q q 0 0 0 rg BT 149.33 660.20 Td (another) Tj ET Q q 0 0 0 rg BT 176.03 660.20 Td (, ) Tj ET Q q 0 0 0 rg BT 180.70 660.20 Td (which, ) Tj ET Q q 0 0 0 rg BT 205.82 660.20 Td (as ) Tj ET Q q 0 0 0 rg BT 216.72 660.20 Td (further ) Tj ET Q q 0 0 0 rg BT 242.29 660.20 Td (described ) Tj ET Q q 0 0 0 rg BT 279.43 660.20 Td (below) Tj ET Q q 0 0 0 rg BT 299.89 660.20 Td (, ) Tj ET Q q 0 0 0 rg BT 304.56 660.20 Td (impact ) Tj ET Q q 0 0 0 rg BT 330.58 660.20 Td (the ) Tj ET Q q 0 0 0 rg BT 344.15 660.20 Td (calculation ) Tj ET Q q 0 0 0 rg BT 384.40 660.20 Td (of ) Tj ET Q q 0 0 0 rg BT 393.52 660.20 Td (the ) Tj ET Q q 0 0 0 rg BT 407.09 660.20 Td (EBITDA ) Tj ET Q q 0 0 0 rg BT 443.76 660.20 Td (metric ) Tj ET Q q 0 0 0 rg BT 467.99 660.20 Td (specified ) Tj ET Q q 0 0 0 rg BT 502.01 660.20 Td (by ) Tj ET Q q 0 0 0 rg BT 512.91 660.20 Td (the ) Tj ET Q q 0 0 0 rg BT 526.48 660.20 Td (applicable ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 650.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 85.90 650.60 Td (agreements ) Tj ET Q q 0 0 0 rg BT 130.97 650.60 Td (of ) Tj ET Q q 0 0 0 rg BT 140.47 650.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 167.31 650.60 Td (Global) Tj ET Q q 0 0 0 rg BT 192.07 650.60 Td (s ) Tj ET Q q 0 0 0 rg BT 198.90 650.60 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 246.01 650.60 Td (This ) Tj ET Q q 0 0 0 rg BT 263.95 650.60 Td (new ) Tj ET Q q 0 0 0 rg BT 281.45 650.60 Td (methodology ) Tj ET Q q 0 0 0 rg BT 330.09 650.60 Td (\(the ) Tj ET Q q 0 0 0 rg BT 346.70 650.60 Td (2015 ) Tj ET Q q 0 0 0 rg BT 369.99 650.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 396.83 650.60 Td (Global ) Tj ET Q q 0 0 0 rg BT 422.22 650.60 Td (Allocation ) Tj ET Q q 0 0 0 rg BT 459.74 650.60 Td (Methodology\) ) Tj ET Q q 0 0 0 rg BT 513.70 650.60 Td (is ) Tj ET Q q 0 0 0 rg BT 522.31 650.60 Td (intended ) Tj ET Q q 0 0 0 rg BT 555.83 650.60 Td (to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 641.00 Td (ensure ) Tj ET Q q 0 0 0 rg BT 93.88 641.00 Td (that ) Tj ET Q q 0 0 0 rg BT 109.15 641.00 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 135.09 641.00 Td (Global ) Tj ET Q q 0 0 0 rg BT 160.13 641.00 Td (continues ) Tj ET Q q 0 0 0 rg BT 196.30 641.00 Td (to ) Tj ET Q q 0 0 0 rg BT 204.90 641.00 Td (allocate ) Tj ET Q q 0 0 0 rg BT 234.40 641.00 Td (its ) Tj ET Q q 0 0 0 rg BT 244.32 641.00 Td (central ) Tj ET Q q 0 0 0 rg BT 270.26 641.00 Td (and ) Tj ET Q q 0 0 0 rg BT 285.53 641.00 Td (administrative ) Tj ET Q q 0 0 0 rg BT 336.80 641.00 Td (costs ) Tj ET Q q 0 0 0 rg BT 357.40 641.00 Td (to ) Tj ET Q q 0 0 0 rg BT 365.99 641.00 Td (its ) Tj ET Q q 0 0 0 rg BT 375.92 641.00 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 412.97 641.00 Td (groups ) Tj ET Q q 0 0 0 rg BT 439.35 641.00 Td (on ) Tj ET Q q 0 0 0 rg BT 450.17 641.00 Td (a ) Tj ET Q q 0 0 0 rg BT 456.55 641.00 Td (fair ) Tj ET Q q 0 0 0 rg BT 469.58 641.00 Td (and ) Tj ET Q q 0 0 0 rg BT 484.85 641.00 Td (rational ) Tj ET Q q 0 0 0 rg BT 513.02 641.00 Td (basis. ) Tj ET Q q 0 0 0 rg BT 535.84 641.00 Td (Subject ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 631.40 Td (to ) Tj ET Q q 0 0 0 rg BT 75.89 631.40 Td (the ) Tj ET Q q 0 0 0 rg BT 88.72 631.40 Td (specific ) Tj ET Q q 0 0 0 rg BT 117.12 631.40 Td (terms ) Tj ET Q q 0 0 0 rg BT 138.83 631.40 Td (contained ) Tj ET Q q 0 0 0 rg BT 175.24 631.40 Td (in ) Tj ET Q q 0 0 0 rg BT 183.19 631.40 Td (the ) Tj ET Q q 0 0 0 rg BT 196.02 631.40 Td (debt ) Tj ET Q q 0 0 0 rg BT 213.31 631.40 Td (agreements ) Tj ET Q q 0 0 0 rg BT 257.27 631.40 Td (of ) Tj ET Q q 0 0 0 rg BT 265.66 631.40 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 291.39 631.40 Td (Global) Tj ET Q q 0 0 0 rg BT 316.14 631.40 Td (s ) Tj ET Q q 0 0 0 rg BT 321.86 631.40 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 368.04 631.40 Td (the ) Tj ET Q q 0 0 0 rg BT 380.88 631.40 Td (implementation ) Tj ET Q q 0 0 0 rg BT 436.84 631.40 Td (of ) Tj ET Q q 0 0 0 rg BT 445.23 631.40 Td (the ) Tj ET Q q 0 0 0 rg BT 458.07 631.40 Td (2015 ) Tj ET Q q 0 0 0 rg BT 477.58 631.40 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 503.31 631.40 Td (Global ) Tj ET Q q 0 0 0 rg BT 527.81 631.40 Td (Allocation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 621.80 Td (Methodology ) Tj ET Q q 0 0 0 rg BT 116.74 621.80 Td (impacts ) Tj ET Q q 0 0 0 rg BT 147.73 621.80 Td (the ) Tj ET Q q 0 0 0 rg BT 162.28 621.80 Td (calculation ) Tj ET Q q 0 0 0 rg BT 203.51 621.80 Td (of ) Tj ET Q q 0 0 0 rg BT 213.61 621.80 Td (the ) Tj ET Q q 0 0 0 rg BT 228.16 621.80 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 256.61 621.80 Td ( ) Tj ET Q q 0 0 0 rg BT 260.04 621.80 Td (metric ) Tj ET Q q 0 0 0 rg BT 285.24 621.80 Td (for ) Tj ET Q q 0 0 0 rg BT 298.01 621.80 Td (each ) Tj ET Q q 0 0 0 rg BT 318.78 621.80 Td (of ) Tj ET Q q 0 0 0 rg BT 328.88 621.80 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 356.32 621.80 Td (Global) Tj ET Q q 0 0 0 rg BT 381.08 621.80 Td (s ) Tj ET Q q 0 0 0 rg BT 388.51 621.80 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 427.95 621.80 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 466.51 621.80 Td (groups. ) Tj ET Q q 0 0 0 rg BT 496.62 621.80 Td (In ) Tj ET Q q 0 0 0 rg BT 506.72 621.80 Td (this ) Tj ET Q q 0 0 0 rg BT 522.60 621.80 Td (regard, ) Tj ET Q q 0 0 0 rg BT 551.37 621.80 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 612.20 Td (components ) Tj ET Q q 0 0 0 rg BT 113.29 612.20 Td (of ) Tj ET Q q 0 0 0 rg BT 122.16 612.20 Td (related-party ) Tj ET Q q 0 0 0 rg BT 169.28 612.20 Td (fees ) Tj ET Q q 0 0 0 rg BT 186.60 612.20 Td (and ) Tj ET Q q 0 0 0 rg BT 202.15 612.20 Td (allocations ) Tj ET Q q 0 0 0 rg BT 242.16 612.20 Td (that ) Tj ET Q q 0 0 0 rg BT 257.71 612.20 Td (are ) Tj ET Q q 0 0 0 rg BT 271.47 612.20 Td (deducted ) Tj ET Q q 0 0 0 rg BT 306.59 612.20 Td (to ) Tj ET Q q 0 0 0 rg BT 315.47 612.20 Td (arrive ) Tj ET Q q 0 0 0 rg BT 337.68 612.20 Td (at ) Tj ET Q q 0 0 0 rg BT 346.55 612.20 Td (each ) Tj ET Q q 0 0 0 rg BT 366.11 612.20 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 394.56 612.20 Td ( ) Tj ET Q q 0 0 0 rg BT 396.76 612.20 Td (metric ) Tj ET Q q 0 0 0 rg BT 420.75 612.20 Td (in ) Tj ET Q q 0 0 0 rg BT 429.18 612.20 Td (2015 ) Tj ET Q q 0 0 0 rg BT 449.18 612.20 Td (and ) Tj ET Q q 0 0 0 rg BT 464.73 612.20 Td (future ) Tj ET Q q 0 0 0 rg BT 487.39 612.20 Td (periods ) Tj ET Q q 0 0 0 rg BT 515.83 612.20 Td (are ) Tj ET Q q 0 0 0 rg BT 529.60 612.20 Td (based ) Tj ET Q q 0 0 0 rg BT 553.60 612.20 Td (on ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 602.60 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 76.85 602.60 Td (the ) Tj ET Q q 0 0 0 rg BT 90.22 602.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 119.15 602.60 Td (and ) Tj ET Q q 0 0 0 rg BT 134.74 602.60 Td (nature ) Tj ET Q q 0 0 0 rg BT 159.67 602.60 Td (of ) Tj ET Q q 0 0 0 rg BT 168.59 602.60 Td (costs ) Tj ET Q q 0 0 0 rg BT 189.51 602.60 Td (incurred ) Tj ET Q q 0 0 0 rg BT 220.66 602.60 Td (by ) Tj ET Q q 0 0 0 rg BT 231.36 602.60 Td (the ) Tj ET Q q 0 0 0 rg BT 244.72 602.60 Td (allocating ) Tj ET Q q 0 0 0 rg BT 280.77 602.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 307.03 602.60 Td (Global ) Tj ET Q q 0 0 0 rg BT 332.40 602.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 376.89 602.60 Td (during ) Tj ET Q q 0 0 0 rg BT 401.37 602.60 Td (the ) Tj ET Q q 0 0 0 rg BT 414.74 602.60 Td (period, ) Tj ET Q q 0 0 0 rg BT 441.45 602.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 452.58 602.60 Td (the ) Tj ET Q q 0 0 0 rg BT 465.95 602.60 Td (allocation ) Tj ET Q q 0 0 0 rg BT 501.99 602.60 Td (methodologies ) Tj ET Q q 0 0 0 rg BT 556.28 602.60 Td (in ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 593.00 Td (ef) Tj ET Q q 0 0 0 rg BT 74.03 593.00 Td (fect ) Tj ET Q q 0 0 0 rg BT 89.25 593.00 Td (during ) Tj ET Q q 0 0 0 rg BT 113.82 593.00 Td (the ) Tj ET Q q 0 0 0 rg BT 127.28 593.00 Td (period ) Tj ET Q q 0 0 0 rg BT 151.85 593.00 Td (and ) Tj ET Q q 0 0 0 rg BT 167.53 593.00 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 180.52 593.00 Td (the ) Tj ET Q q 0 0 0 rg BT 193.97 593.00 Td (size ) Tj ET Q q 0 0 0 rg BT 210.53 593.00 Td (of ) Tj ET Q q 0 0 0 rg BT 219.54 593.00 Td (the ) Tj ET Q q 0 0 0 rg BT 232.99 593.00 Td (overall ) Tj ET Q q 0 0 0 rg BT 258.89 593.00 Td (pool ) Tj ET Q q 0 0 0 rg BT 276.34 593.00 Td (of ) Tj ET Q q 0 0 0 rg BT 285.35 593.00 Td (entities ) Tj ET Q q 0 0 0 rg BT 313.03 593.00 Td (that ) Tj ET Q q 0 0 0 rg BT 328.70 593.00 Td (are ) Tj ET Q q 0 0 0 rg BT 342.60 593.00 Td (charged ) Tj ET Q q 0 0 0 rg BT 373.84 593.00 Td (fees ) Tj ET Q q 0 0 0 rg BT 391.29 593.00 Td (and ) Tj ET Q q 0 0 0 rg BT 406.97 593.00 Td (allocated ) Tj ET Q q 0 0 0 rg BT 441.33 593.00 Td (costs, ) Tj ET Q q 0 0 0 rg BT 464.55 593.00 Td (such ) Tj ET Q q 0 0 0 rg BT 483.79 593.00 Td (that ) Tj ET Q q 0 0 0 rg BT 499.46 593.00 Td (changes ) Tj ET Q q 0 0 0 rg BT 532.04 593.00 Td (in ) Tj ET Q q 0 0 0 rg BT 540.60 593.00 Td (any ) Tj ET Q q 0 0 0 rg BT 555.83 593.00 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 583.40 Td (these ) Tj ET Q q 0 0 0 rg BT 89.20 583.40 Td (factors ) Tj ET Q q 0 0 0 rg BT 115.34 583.40 Td (would ) Tj ET Q q 0 0 0 rg BT 138.37 583.40 Td (likely ) Tj ET Q q 0 0 0 rg BT 158.28 583.40 Td (result ) Tj ET Q q 0 0 0 rg BT 179.97 583.40 Td (in ) Tj ET Q q 0 0 0 rg BT 188.33 583.40 Td (changes ) Tj ET Q q 0 0 0 rg BT 220.70 583.40 Td (to ) Tj ET Q q 0 0 0 rg BT 229.50 583.40 Td (the ) Tj ET Q q 0 0 0 rg BT 242.75 583.40 Td (amount ) Tj ET Q q 0 0 0 rg BT 271.57 583.40 Td (of ) Tj ET Q q 0 0 0 rg BT 280.37 583.40 Td (related-party ) Tj ET Q q 0 0 0 rg BT 327.41 583.40 Td (fees ) Tj ET Q q 0 0 0 rg BT 344.66 583.40 Td (and ) Tj ET Q q 0 0 0 rg BT 360.14 583.40 Td (allocations ) Tj ET Q q 0 0 0 rg BT 400.07 583.40 Td (that ) Tj ET Q q 0 0 0 rg BT 415.54 583.40 Td (will ) Tj ET Q q 0 0 0 rg BT 428.78 583.40 Td (be ) Tj ET Q q 0 0 0 rg BT 439.81 583.40 Td (deducted ) Tj ET Q q 0 0 0 rg BT 474.85 583.40 Td (to ) Tj ET Q q 0 0 0 rg BT 483.65 583.40 Td (arrive ) Tj ET Q q 0 0 0 rg BT 505.79 583.40 Td (at ) Tj ET Q q 0 0 0 rg BT 514.59 583.40 Td (each ) Tj ET Q q 0 0 0 rg BT 534.07 583.40 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 562.52 583.40 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 573.80 Td (metric ) Tj ET Q q 0 0 0 rg BT 91.55 573.80 Td (in ) Tj ET Q q 0 0 0 rg BT 100.05 573.80 Td (future ) Tj ET Q q 0 0 0 rg BT 122.78 573.80 Td (periods. ) Tj ET Q q 0 0 0 rg BT 153.52 573.80 Td (For ) Tj ET Q q 0 0 0 rg BT 167.79 573.80 Td (example, ) Tj ET Q q 0 0 0 rg BT 202.52 573.80 Td (to ) Tj ET Q q 0 0 0 rg BT 211.47 573.80 Td (the ) Tj ET Q q 0 0 0 rg BT 224.86 573.80 Td (extent ) Tj ET Q q 0 0 0 rg BT 248.93 573.80 Td (that ) Tj ET Q q 0 0 0 rg BT 264.55 573.80 Td (a ) Tj ET Q q 0 0 0 rg BT 271.27 573.80 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 297.55 573.80 Td (Global ) Tj ET Q q 0 0 0 rg BT 322.95 573.80 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 361.24 573.80 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 398.64 573.80 Td (group ) Tj ET Q q 0 0 0 rg BT 421.38 573.80 Td (was ) Tj ET Q q 0 0 0 rg BT 437.88 573.80 Td (to ) Tj ET Q q 0 0 0 rg BT 446.82 573.80 Td (acquire ) Tj ET Q q 0 0 0 rg BT 475.34 573.80 Td (\(sell\) ) Tj ET Q q 0 0 0 rg BT 494.94 573.80 Td (an ) Tj ET Q q 0 0 0 rg BT 506.11 573.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 541.75 573.80 Td (entity) Tj ET Q q 0 0 0 rg BT 560.27 573.80 Td (, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 564.20 Td (and ) Tj ET Q q 0 0 0 rg BT 82.97 564.20 Td (assuming ) Tj ET Q q 0 0 0 rg BT 119.34 564.20 Td (no ) Tj ET Q q 0 0 0 rg BT 130.37 564.20 Td (change ) Tj ET Q q 0 0 0 rg BT 158.74 564.20 Td (in ) Tj ET Q q 0 0 0 rg BT 167.09 564.20 Td (the ) Tj ET Q q 0 0 0 rg BT 180.34 564.20 Td (total ) Tj ET Q q 0 0 0 rg BT 197.59 564.20 Td (costs ) Tj ET Q q 0 0 0 rg BT 218.39 564.20 Td (incurred ) Tj ET Q q 0 0 0 rg BT 249.42 564.20 Td (by ) Tj ET Q q 0 0 0 rg BT 259.99 564.20 Td (the ) Tj ET Q q 0 0 0 rg BT 273.24 564.20 Td (allocating ) Tj ET Q q 0 0 0 rg BT 309.17 564.20 Td (entities, ) Tj ET Q q 0 0 0 rg BT 338.87 564.20 Td (the ) Tj ET Q q 0 0 0 rg BT 352.11 564.20 Td (fees ) Tj ET Q q 0 0 0 rg BT 369.36 564.20 Td (charged ) Tj ET Q q 0 0 0 rg BT 400.40 564.20 Td (and ) Tj ET Q q 0 0 0 rg BT 415.87 564.20 Td (the ) Tj ET Q q 0 0 0 rg BT 429.12 564.20 Td (costs ) Tj ET Q q 0 0 0 rg BT 449.92 564.20 Td (allocated ) Tj ET Q q 0 0 0 rg BT 484.07 564.20 Td (to ) Tj ET Q q 0 0 0 rg BT 492.87 564.20 Td (the ) Tj ET Q q 0 0 0 rg BT 506.12 564.20 Td (other ) Tj ET Q q 0 0 0 rg BT 526.48 564.20 Td (subsidiary ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 554.60 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 104.85 554.60 Td (groups ) Tj ET Q q 0 0 0 rg BT 131.54 554.60 Td (would ) Tj ET Q q 0 0 0 rg BT 154.66 554.60 Td (decrease ) Tj ET Q q 0 0 0 rg BT 189.79 554.60 Td (\(increase\).) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 542.82 Td (21) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 539.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 539.00 Td (The ) Tj ET Q q 0 0 0 rg BT 83.57 539.00 Td (capital ) Tj ET Q q 0 0 0 rg BT 108.99 539.00 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 157.08 539.00 Td (that ) Tj ET Q q 0 0 0 rg BT 172.71 539.00 Td (we ) Tj ET Q q 0 0 0 rg BT 185.23 539.00 Td (report ) Tj ET Q q 0 0 0 rg BT 208.41 539.00 Td (in ) Tj ET Q q 0 0 0 rg BT 216.93 539.00 Td (our ) Tj ET Q q 0 0 0 rg BT 230.78 539.00 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 277.99 539.00 Td (statements ) Tj ET Q q 0 0 0 rg BT 319.40 539.00 Td (of ) Tj ET Q q 0 0 0 rg BT 328.36 539.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 347.55 539.00 Td (flows ) Tj ET Q q 0 0 0 rg BT 368.06 539.00 Td (do ) Tj ET Q q 0 0 0 rg BT 379.25 539.00 Td (not ) Tj ET Q q 0 0 0 rg BT 392.66 539.00 Td (include ) Tj ET Q q 0 0 0 rg BT 420.30 539.00 Td (amounts ) Tj ET Q q 0 0 0 rg BT 453.27 539.00 Td (that ) Tj ET Q q 0 0 0 rg BT 468.90 539.00 Td (are ) Tj ET Q q 0 0 0 rg BT 482.75 539.00 Td (financed ) Tj ET Q q 0 0 0 rg BT 515.28 539.00 Td (under ) Tj ET Q q 0 0 0 rg BT 538.03 539.00 Td (vendor ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 529.40 Td (financing ) Tj ET Q q 0 0 0 rg BT 101.48 529.40 Td (or ) Tj ET Q q 0 0 0 rg BT 110.54 529.40 Td (capital ) Tj ET Q q 0 0 0 rg BT 135.62 529.40 Td (lease ) Tj ET Q q 0 0 0 rg BT 156.70 529.40 Td (arrangements. ) Tj ET Q q 0 0 0 rg BT 210.23 529.40 Td (Instead, ) Tj ET Q q 0 0 0 rg BT 240.65 529.40 Td (these ) Tj ET Q q 0 0 0 rg BT 262.17 529.40 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 309.93 529.40 Td (are ) Tj ET Q q 0 0 0 rg BT 323.45 529.40 Td (reflected ) Tj ET Q q 0 0 0 rg BT 356.08 529.40 Td (as ) Tj ET Q q 0 0 0 rg BT 366.49 529.40 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 401.35 529.40 Td (additions ) Tj ET Q q 0 0 0 rg BT 435.33 529.40 Td (to ) Tj ET Q q 0 0 0 rg BT 443.95 529.40 Td (our ) Tj ET Q q 0 0 0 rg BT 457.47 529.40 Td (property ) Tj ET Q q 0 0 0 rg BT 488.77 529.40 Td (and ) Tj ET Q q 0 0 0 rg BT 504.07 529.40 Td (equipment ) Tj ET Q q 0 0 0 rg BT 543.38 529.40 Td (when ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 519.80 Td (the ) Tj ET Q q 0 0 0 rg BT 80.84 519.80 Td (underlying ) Tj ET Q q 0 0 0 rg BT 119.98 519.80 Td (assets ) Tj ET Q q 0 0 0 rg BT 145.32 519.80 Td (are ) Tj ET Q q 0 0 0 rg BT 159.11 519.80 Td (delivered, ) Tj ET Q q 0 0 0 rg BT 196.02 519.80 Td (and ) Tj ET Q q 0 0 0 rg BT 211.59 519.80 Td (as ) Tj ET Q q 0 0 0 rg BT 222.26 519.80 Td (repayments ) Tj ET Q q 0 0 0 rg BT 266.28 519.80 Td (of ) Tj ET Q q 0 0 0 rg BT 275.18 519.80 Td (debt ) Tj ET Q q 0 0 0 rg BT 292.97 519.80 Td (when ) Tj ET Q q 0 0 0 rg BT 314.32 519.80 Td (the ) Tj ET Q q 0 0 0 rg BT 327.66 519.80 Td (related ) Tj ET Q q 0 0 0 rg BT 354.34 519.80 Td (principal ) Tj ET Q q 0 0 0 rg BT 386.36 519.80 Td (is ) Tj ET Q q 0 0 0 rg BT 394.36 519.80 Td (repaid.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 508.02 Td (22) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 504.20 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 504.20 Td (The ) Tj ET Q q 0 0 0 rg BT 83.67 504.20 Td (FX-neutral ) Tj ET Q q 0 0 0 rg BT 123.41 504.20 Td (change ) Tj ET Q q 0 0 0 rg BT 152.05 504.20 Td (represents ) Tj ET Q q 0 0 0 rg BT 192.23 504.20 Td (the ) Tj ET Q q 0 0 0 rg BT 205.75 504.20 Td (percentage ) Tj ET Q q 0 0 0 rg BT 248.17 504.20 Td (change ) Tj ET Q q 0 0 0 rg BT 276.80 504.20 Td (on ) Tj ET Q q 0 0 0 rg BT 288.09 504.20 Td (a ) Tj ET Q q 0 0 0 rg BT 294.93 504.20 Td (year-over-year ) Tj ET Q q 0 0 0 rg BT 349.33 504.20 Td (basis ) Tj ET Q q 0 0 0 rg BT 370.40 504.20 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 403.04 504.20 Td (for ) Tj ET Q q 0 0 0 rg BT 414.76 504.20 Td (FX ) Tj ET Q q 0 0 0 rg BT 427.37 504.20 Td (impacts ) Tj ET Q q 0 0 0 rg BT 457.33 504.20 Td (and ) Tj ET Q q 0 0 0 rg BT 473.06 504.20 Td (is ) Tj ET Q q 0 0 0 rg BT 481.23 504.20 Td (calculated ) Tj ET Q q 0 0 0 rg BT 519.64 504.20 Td (by ) Tj ET Q q 0 0 0 rg BT 530.48 504.20 Td (adjusting ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 494.60 Td (the ) Tj ET Q q 0 0 0 rg BT 80.84 494.60 Td (prior ) Tj ET Q q 0 0 0 rg BT 99.07 494.60 Td (year ) Tj ET Q q 0 0 0 rg BT 116.86 494.60 Td (figures ) Tj ET Q q 0 0 0 rg BT 143.09 494.60 Td (to ) Tj ET Q q 0 0 0 rg BT 151.98 494.60 Td (reflect ) Tj ET Q q 0 0 0 rg BT 175.99 494.60 Td (translation ) Tj ET Q q 0 0 0 rg BT 215.13 494.60 Td (at ) Tj ET Q q 0 0 0 rg BT 224.02 494.60 Td (the ) Tj ET Q q 0 0 0 rg BT 237.36 494.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 264.05 494.60 Td (currency ) Tj ET Q q 0 0 0 rg BT 296.95 494.60 Td (rates ) Tj ET Q q 0 0 0 rg BT 316.95 494.60 Td (used ) Tj ET Q q 0 0 0 rg BT 336.52 494.60 Td (to ) Tj ET Q q 0 0 0 rg BT 345.42 494.60 Td (translate ) Tj ET Q q 0 0 0 rg BT 378.32 494.60 Td (the ) Tj ET Q q 0 0 0 rg BT 391.67 494.60 Td (current ) Tj ET Q q 0 0 0 rg BT 418.79 494.60 Td (year ) Tj ET Q q 0 0 0 rg BT 436.57 494.60 Td (amounts.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 482.82 Td (23 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 479.00 Td (In ) Tj ET Q q 0 0 0 rg BT 76.72 479.00 Td (November ) Tj ET Q q 0 0 0 rg BT 116.17 479.00 Td (2014, ) Tj ET Q q 0 0 0 rg BT 138.74 479.00 Td (V) Tj ET Q q 0 0 0 rg BT 143.94 479.00 Td (irgin ) Tj ET Q q 0 0 0 rg BT 161.60 479.00 Td (Media ) Tj ET Q q 0 0 0 rg BT 185.94 479.00 Td (introduced ) Tj ET Q q 0 0 0 rg BT 225.85 479.00 Td (a ) Tj ET Q q 0 0 0 rg BT 232.85 479.00 Td (new ) Tj ET Q q 0 0 0 rg BT 250.08 479.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 276.19 479.00 Td (program ) Tj ET Q q 0 0 0 rg BT 308.53 479.00 Td (in ) Tj ET Q q 0 0 0 rg BT 317.31 479.00 Td (the ) Tj ET Q q 0 0 0 rg BT 330.98 479.00 Td (U.K. ) Tj ET Q q 0 0 0 rg BT 349.09 479.00 Td (whereby ) Tj ET Q q 0 0 0 rg BT 381.88 479.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 421.33 479.00 Td (can ) Tj ET Q q 0 0 0 rg BT 436.78 479.00 Td (elect ) Tj ET Q q 0 0 0 rg BT 456.23 479.00 Td (to ) Tj ET Q q 0 0 0 rg BT 465.45 479.00 Td (purchase ) Tj ET Q q 0 0 0 rg BT 500.91 479.00 Td (a ) Tj ET Q q 0 0 0 rg BT 507.91 479.00 Td (mobile ) Tj ET Q q 0 0 0 rg BT 534.02 479.00 Td (handset ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 469.40 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 100.26 469.40 Td (to ) Tj ET Q q 0 0 0 rg BT 108.55 469.40 Td (a ) Tj ET Q q 0 0 0 rg BT 114.63 469.40 Td (contract ) Tj ET Q q 0 0 0 rg BT 144.71 469.40 Td (that ) Tj ET Q q 0 0 0 rg BT 159.68 469.40 Td (is ) Tj ET Q q 0 0 0 rg BT 167.08 469.40 Td (independent ) Tj ET Q q 0 0 0 rg BT 212.75 469.40 Td (of ) Tj ET Q q 0 0 0 rg BT 221.04 469.40 Td (a ) Tj ET Q q 0 0 0 rg BT 227.12 469.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 252.31 469.40 Td (airtime ) Tj ET Q q 0 0 0 rg BT 277.94 469.40 Td (services ) Tj ET Q q 0 0 0 rg BT 308.90 469.40 Td (contract ) Tj ET Q q 0 0 0 rg BT 338.98 469.40 Td (\(the ) Tj ET Q q 0 0 0 rg BT 354.39 469.40 Td ("Freestyle" ) Tj ET Q q 0 0 0 rg BT 394.59 469.40 Td (mobile ) Tj ET Q q 0 0 0 rg BT 419.79 469.40 Td (proposition\). ) Tj ET Q q 0 0 0 rg BT 465.43 469.40 Td (Under ) Tj ET Q q 0 0 0 rg BT 488.85 469.40 Td (Freestyle ) Tj ET Q q 0 0 0 rg BT 523.37 469.40 Td (contractual ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 459.80 Td (arrangements, ) Tj ET Q q 0 0 0 rg BT 121.33 459.80 Td (we ) Tj ET Q q 0 0 0 rg BT 133.80 459.80 Td (generally ) Tj ET Q q 0 0 0 rg BT 168.52 459.80 Td (recognize ) Tj ET Q q 0 0 0 rg BT 205.45 459.80 Td (the ) Tj ET Q q 0 0 0 rg BT 218.82 459.80 Td (full ) Tj ET Q q 0 0 0 rg BT 231.29 459.80 Td (sales ) Tj ET Q q 0 0 0 rg BT 252.22 459.80 Td (price ) Tj ET Q q 0 0 0 rg BT 271.80 459.80 Td (for ) Tj ET Q q 0 0 0 rg BT 283.39 459.80 Td (the ) Tj ET Q q 0 0 0 rg BT 296.76 459.80 Td (mobile ) Tj ET Q q 0 0 0 rg BT 322.57 459.80 Td (handset ) Tj ET Q q 0 0 0 rg BT 353.29 459.80 Td (upon ) Tj ET Q q 0 0 0 rg BT 373.33 459.80 Td (delivery ) Tj ET Q q 0 0 0 rg BT 403.15 459.80 Td (as ) Tj ET Q q 0 0 0 rg BT 413.84 459.80 Td (a ) Tj ET Q q 0 0 0 rg BT 420.54 459.80 Td (component ) Tj ET Q q 0 0 0 rg BT 462.37 459.80 Td (of ) Tj ET Q q 0 0 0 rg BT 471.29 459.80 Td (other ) Tj ET Q q 0 0 0 rg BT 491.77 459.80 Td (revenue, ) Tj ET Q q 0 0 0 rg BT 525.15 459.80 Td (regardless ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 450.20 Td (of ) Tj ET Q q 0 0 0 rg BT 79.73 450.20 Td (whether ) Tj ET Q q 0 0 0 rg BT 113.76 450.20 Td (the ) Tj ET Q q 0 0 0 rg BT 130.44 450.20 Td (sales ) Tj ET Q q 0 0 0 rg BT 154.68 450.20 Td (price ) Tj ET Q q 0 0 0 rg BT 177.58 450.20 Td (is ) Tj ET Q q 0 0 0 rg BT 188.92 450.20 Td (received ) Tj ET Q q 0 0 0 rg BT 224.73 450.20 Td (upfront ) Tj ET Q q 0 0 0 rg BT 255.20 450.20 Td (or ) Tj ET Q q 0 0 0 rg BT 267.87 450.20 Td (in ) Tj ET Q q 0 0 0 rg BT 279.66 450.20 Td (installments. ) Tj ET Q q 0 0 0 rg BT 329.69 450.20 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 367.27 450.20 Td (associated ) Tj ET Q q 0 0 0 rg BT 411.08 450.20 Td (with ) Tj ET Q q 0 0 0 rg BT 430.87 450.20 Td (the ) Tj ET Q q 0 0 0 rg BT 447.55 450.20 Td (airtime ) Tj ET Q q 0 0 0 rg BT 477.12 450.20 Td (services ) Tj ET Q q 0 0 0 rg BT 512.02 450.20 Td (is ) Tj ET Q q 0 0 0 rg BT 523.36 450.20 Td (recognized ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 440.60 Td (asmobilesubscription ) Tj ET Q q 0 0 0 rg BT 148.10 440.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 178.46 440.60 Td (over ) Tj ET Q q 0 0 0 rg BT 195.48 440.60 Td (the ) Tj ET Q q 0 0 0 rg BT 208.05 440.60 Td (contractual ) Tj ET Q q 0 0 0 rg BT 248.64 440.60 Td (termof ) Tj ET Q q 0 0 0 rg BT 274.98 440.60 Td (theairtime ) Tj ET Q q 0 0 0 rg BT 313.78 440.60 Td (services ) Tj ET Q q 0 0 0 rg BT 344.57 440.60 Td (contract.Prior ) Tj ET Q q 0 0 0 rg BT 395.82 440.60 Td (to ) Tj ET Q q 0 0 0 rg BT 403.94 440.60 Td (the ) Tj ET Q q 0 0 0 rg BT 416.52 440.60 Td (launch ) Tj ET Q q 0 0 0 rg BT 441.54 440.60 Td (of ) Tj ET Q q 0 0 0 rg BT 449.67 440.60 Td (Freestyle ) Tj ET Q q 0 0 0 rg BT 484.02 440.60 Td (contracts ) Tj ET Q q 0 0 0 rg BT 517.93 440.60 Td (in ) Tj ET Q q 0 0 0 rg BT 525.61 440.60 Td (November ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 431.00 Td (2014,handsets ) Tj ET Q q 0 0 0 rg BT 126.58 431.00 Td (were ) Tj ET Q q 0 0 0 rg BT 148.28 431.00 Td (generallyprovided ) Tj ET Q q 0 0 0 rg BT 218.02 431.00 Td (to ) Tj ET Q q 0 0 0 rg BT 229.05 431.00 Td (customers ) Tj ET Q q 0 0 0 rg BT 270.32 431.00 Td (on ) Tj ET Q q 0 0 0 rg BT 283.58 431.00 Td (a ) Tj ET Q q 0 0 0 rg BT 292.39 431.00 Td (subsidized ) Tj ET Q q 0 0 0 rg BT 334.56 431.00 Td (basis. ) Tj ET Q q 0 0 0 rg BT 358.95 431.00 Td (As ) Tj ET Q q 0 0 0 rg BT 372.65 431.00 Td (a ) Tj ET Q q 0 0 0 rg BT 381.47 431.00 Td (result, ) Tj ET Q q 0 0 0 rg BT 407.62 431.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 440.89 431.00 Td (associated ) Tj ET Q q 0 0 0 rg BT 483.50 431.00 Td (with ) Tj ET Q q 0 0 0 rg BT 502.09 431.00 Td (the ) Tj ET Q q 0 0 0 rg BT 517.58 431.00 Td (handsetwas ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 421.40 Td (onlyrecognized ) Tj ET Q q 0 0 0 rg BT 125.55 421.40 Td (upfront ) Tj ET Q q 0 0 0 rg BT 152.47 421.40 Td (to ) Tj ET Q q 0 0 0 rg BT 161.15 421.40 Td (the ) Tj ET Q q 0 0 0 rg BT 174.28 421.40 Td (extent ) Tj ET Q q 0 0 0 rg BT 198.09 421.40 Td (of ) Tj ET Q q 0 0 0 rg BT 206.77 421.40 Td (cash ) Tj ET Q q 0 0 0 rg BT 225.68 421.40 Td (collected ) Tj ET Q q 0 0 0 rg BT 259.27 421.40 Td (at ) Tj ET Q q 0 0 0 rg BT 267.95 421.40 Td (the ) Tj ET Q q 0 0 0 rg BT 281.09 421.40 Td (time ) Tj ET Q q 0 0 0 rg BT 298.21 421.40 Td (of ) Tj ET Q q 0 0 0 rg BT 306.90 421.40 Td (sale, ) Tj ET Q q 0 0 0 rg BT 325.81 421.40 Td (and ) Tj ET Q q 0 0 0 rg BT 341.17 421.40 Td (the ) Tj ET Q q 0 0 0 rg BT 354.30 421.40 Td (monthly ) Tj ET Q q 0 0 0 rg BT 384.32 421.40 Td (amounts ) Tj ET Q q 0 0 0 rg BT 417.02 421.40 Td (collected ) Tj ET Q q 0 0 0 rg BT 450.61 421.40 Td (for ) Tj ET Q q 0 0 0 rg BT 461.95 421.40 Td (both ) Tj ET Q q 0 0 0 rg BT 479.54 421.40 Td (the ) Tj ET Q q 0 0 0 rg BT 492.67 421.40 Td (handset ) Tj ET Q q 0 0 0 rg BT 523.15 421.40 Td (and ) Tj ET Q q 0 0 0 rg BT 538.51 421.40 Td (airtime ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 411.80 Td (were ) Tj ET Q q 0 0 0 rg BT 87.67 411.80 Td (included ) Tj ET Q q 0 0 0 rg BT 120.30 411.80 Td (inmobile ) Tj ET Q q 0 0 0 rg BT 155.14 411.80 Td (subscriptionrevenue ) Tj ET Q q 0 0 0 rg BT 231.79 411.80 Td (over ) Tj ET Q q 0 0 0 rg BT 250.18 411.80 Td (the ) Tj ET Q q 0 0 0 rg BT 264.13 411.80 Td (term ) Tj ET Q q 0 0 0 rg BT 282.96 411.80 Td (of ) Tj ET Q q 0 0 0 rg BT 292.46 411.80 Td (the ) Tj ET Q q 0 0 0 rg BT 306.42 411.80 Td (contract. ) Tj ET Q q 0 0 0 rg BT 339.92 411.80 Td (Handset ) Tj ET Q q 0 0 0 rg BT 372.55 411.80 Td (costs ) Tj ET Q q 0 0 0 rg BT 394.05 411.80 Td (associated ) Tj ET Q q 0 0 0 rg BT 435.13 411.80 Td (with ) Tj ET Q q 0 0 0 rg BT 452.18 411.80 Td (Freestyle ) Tj ET Q q 0 0 0 rg BT 487.91 411.80 Td (handset ) Tj ET Q q 0 0 0 rg BT 519.21 411.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 550.95 411.80 Td (are ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 402.20 Td (expensed ) Tj ET Q q 0 0 0 rg BT 104.42 402.20 Td (at ) Tj ET Q q 0 0 0 rg BT 113.31 402.20 Td (the ) Tj ET Q q 0 0 0 rg BT 126.66 402.20 Td (point ) Tj ET Q q 0 0 0 rg BT 146.23 402.20 Td (of ) Tj ET Q q 0 0 0 rg BT 155.12 402.20 Td (sale.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 390.42 Td (24 ) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 5.20 Tf ET q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 56.73 390.42 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 67.50 386.60 Td (Business-to-business ) Tj ET Q q 0 0 0 rg BT 145.75 386.60 Td (\("B2B"\) ) Tj ET Q q 0 0 0 rg BT 174.09 386.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 205.22 386.60 Td (includes ) Tj ET Q q 0 0 0 rg BT 236.78 386.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 267.91 386.60 Td (from ) Tj ET Q q 0 0 0 rg BT 286.12 386.60 Td (business ) Tj ET Q q 0 0 0 rg BT 319.91 386.60 Td (broadband ) Tj ET Q q 0 0 0 rg BT 360.38 386.60 Td (internet, ) Tj ET Q q 0 0 0 rg BT 391.50 386.60 Td (video, ) Tj ET Q q 0 0 0 rg BT 415.06 386.60 Td (voice, ) Tj ET Q q 0 0 0 rg BT 438.17 386.60 Td (mobile ) Tj ET Q q 0 0 0 rg BT 463.95 386.60 Td (and ) Tj ET Q q 0 0 0 rg BT 479.51 386.60 Td (data ) Tj ET Q q 0 0 0 rg BT 497.30 386.60 Td (services ) Tj ET Q q 0 0 0 rg BT 528.85 386.60 Td (of) Tj ET Q q 0 0 0 rg BT 535.38 386.60 Td (fered ) Tj ET Q q 0 0 0 rg BT 555.83 386.60 Td (to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 377.00 Td (medium ) Tj ET Q q 0 0 0 rg BT 97.87 377.00 Td (to ) Tj ET Q q 0 0 0 rg BT 106.46 377.00 Td (large ) Tj ET Q q 0 0 0 rg BT 126.16 377.00 Td (enterprises ) Tj ET Q q 0 0 0 rg BT 167.65 377.00 Td (and, ) Tj ET Q q 0 0 0 rg BT 185.14 377.00 Td (on ) Tj ET Q q 0 0 0 rg BT 195.95 377.00 Td (a ) Tj ET Q q 0 0 0 rg BT 202.31 377.00 Td (wholesale ) Tj ET Q q 0 0 0 rg BT 239.81 377.00 Td (basis, ) Tj ET Q q 0 0 0 rg BT 262.62 377.00 Td (to ) Tj ET Q q 0 0 0 rg BT 271.21 377.00 Td (other ) Tj ET Q q 0 0 0 rg BT 291.36 377.00 Td (operators. ) Tj ET Q q 0 0 0 rg BT 329.29 377.00 Td (B2B ) Tj ET Q q 0 0 0 rg BT 346.33 377.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 377.16 377.00 Td (for ) Tj ET Q q 0 0 0 rg BT 388.41 377.00 Td (V) Tj ET Q q 0 0 0 rg BT 393.60 377.00 Td (irgin ) Tj ET Q q 0 0 0 rg BT 410.63 377.00 Td (Media ) Tj ET Q q 0 0 0 rg BT 434.34 377.00 Td (includes ) Tj ET Q q 0 0 0 rg BT 465.60 377.00 Td (the ) Tj ET Q q 0 0 0 rg BT 478.64 377.00 Td (amortization ) Tj ET Q q 0 0 0 rg BT 524.13 377.00 Td (of ) Tj ET Q q 0 0 0 rg BT 532.72 377.00 Td (deferred ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 367.40 Td (upfront ) Tj ET Q q 0 0 0 rg BT 94.73 367.40 Td (installation ) Tj ET Q q 0 0 0 rg BT 134.86 367.40 Td (fees ) Tj ET Q q 0 0 0 rg BT 152.30 367.40 Td (and ) Tj ET Q q 0 0 0 rg BT 167.97 367.40 Td (deferred ) Tj ET Q q 0 0 0 rg BT 200.10 367.40 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 247.33 367.40 Td (fees ) Tj ET Q q 0 0 0 rg BT 264.78 367.40 Td (received ) Tj ET Q q 0 0 0 rg BT 297.34 367.40 Td (on ) Tj ET Q q 0 0 0 rg BT 308.57 367.40 Td (B2B ) Tj ET Q q 0 0 0 rg BT 326.01 367.40 Td (contracts ) Tj ET Q q 0 0 0 rg BT 360.79 367.40 Td (where ) Tj ET Q q 0 0 0 rg BT 384.91 367.40 Td (we ) Tj ET Q q 0 0 0 rg BT 397.46 367.40 Td (maintain ) Tj ET Q q 0 0 0 rg BT 430.02 367.40 Td (ownership ) Tj ET Q q 0 0 0 rg BT 468.81 367.40 Td (of ) Tj ET Q q 0 0 0 rg BT 477.81 367.40 Td (the ) Tj ET Q q 0 0 0 rg BT 491.25 367.40 Td (installed ) Tj ET Q q 0 0 0 rg BT 522.93 367.40 Td (equipment. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 357.80 Td (In ) Tj ET Q q 0 0 0 rg BT 76.53 357.80 Td (connection ) Tj ET Q q 0 0 0 rg BT 117.58 357.80 Td (with ) Tj ET Q q 0 0 0 rg BT 134.16 357.80 Td (the ) Tj ET Q q 0 0 0 rg BT 147.64 357.80 Td (application ) Tj ET Q q 0 0 0 rg BT 188.24 357.80 Td (of ) Tj ET Q q 0 0 0 rg BT 197.27 357.80 Td (the ) Tj ET Q q 0 0 0 rg BT 210.75 357.80 Td (V) Tj ET Q q 0 0 0 rg BT 215.94 357.80 Td (irgin ) Tj ET Q q 0 0 0 rg BT 233.41 357.80 Td (Media ) Tj ET Q q 0 0 0 rg BT 257.56 357.80 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 297.72 357.80 Td (accounting, ) Tj ET Q q 0 0 0 rg BT 340.99 357.80 Td (we ) Tj ET Q q 0 0 0 rg BT 353.57 357.80 Td (eliminated ) Tj ET Q q 0 0 0 rg BT 392.39 357.80 Td (all ) Tj ET Q q 0 0 0 rg BT 402.75 357.80 Td (of ) Tj ET Q q 0 0 0 rg BT 411.78 357.80 Td (V) Tj ET Q q 0 0 0 rg BT 416.97 357.80 Td (irgin ) Tj ET Q q 0 0 0 rg BT 434.45 357.80 Td (Media's ) Tj ET Q q 0 0 0 rg BT 464.12 357.80 Td (B2B ) Tj ET Q q 0 0 0 rg BT 481.59 357.80 Td (deferred ) Tj ET Q q 0 0 0 rg BT 513.75 357.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 545.01 357.80 Td (as ) Tj ET Q q 0 0 0 rg BT 555.82 357.80 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 348.20 Td (the ) Tj ET Q q 0 0 0 rg BT 81.38 348.20 Td (June ) Tj ET Q q 0 0 0 rg BT 101.48 348.20 Td (7, ) Tj ET Q q 0 0 0 rg BT 110.91 348.20 Td (2013 ) Tj ET Q q 0 0 0 rg BT 131.46 348.20 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 172.02 348.20 Td (date. ) Tj ET Q q 0 0 0 rg BT 192.57 348.20 Td (Due ) Tj ET Q q 0 0 0 rg BT 210.00 348.20 Td (primarily ) Tj ET Q q 0 0 0 rg BT 242.98 348.20 Td (to ) Tj ET Q q 0 0 0 rg BT 252.41 348.20 Td (this ) Tj ET Q q 0 0 0 rg BT 267.62 348.20 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 308.18 348.20 Td (accounting, ) Tj ET Q q 0 0 0 rg BT 351.85 348.20 Td (the ) Tj ET Q q 0 0 0 rg BT 365.73 348.20 Td (amortization ) Tj ET Q q 0 0 0 rg BT 412.06 348.20 Td (of ) Tj ET Q q 0 0 0 rg BT 421.49 348.20 Td (V) Tj ET Q q 0 0 0 rg BT 426.68 348.20 Td (irgin ) Tj ET Q q 0 0 0 rg BT 444.55 348.20 Td (Media's ) Tj ET Q q 0 0 0 rg BT 474.63 348.20 Td (deferred ) Tj ET Q q 0 0 0 rg BT 507.18 348.20 Td (B2B ) Tj ET Q q 0 0 0 rg BT 525.06 348.20 Td (revenue ) Tj ET Q q 0 0 0 rg BT 556.73 348.20 Td (is ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 338.60 Td (accounting ) Tj ET Q q 0 0 0 rg BT 108.03 338.60 Td (for) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 117.37 338.60 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 119.21 338.60 Td (3) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 128.11 338.60 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 129.94 338.60 Td (million ) Tj ET Q q 0 0 0 rg BT 154.46 338.60 Td (and ) Tj ET Q q 0 0 0 rg BT 169.64 338.60 Td (14) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 182.99 338.60 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 184.83 338.60 Td (million ) Tj ET Q q 0 0 0 rg BT 209.34 338.60 Td (of ) Tj ET Q q 0 0 0 rg BT 217.85 338.60 Td (the ) Tj ET Q q 0 0 0 rg BT 230.81 338.60 Td (rebased ) Tj ET Q q 0 0 0 rg BT 261.56 338.60 Td (increases ) Tj ET Q q 0 0 0 rg BT 297.63 338.60 Td (V) Tj ET Q q 0 0 0 rg BT 302.82 338.60 Td (irgin ) Tj ET Q q 0 0 0 rg BT 319.78 338.60 Td (Media's ) Tj ET Q q 0 0 0 rg BT 348.93 338.60 Td (B2B ) Tj ET Q q 0 0 0 rg BT 365.89 338.60 Td (revenue ) Tj ET Q q 0 0 0 rg BT 396.64 338.60 Td (for ) Tj ET Q q 0 0 0 rg BT 407.82 338.60 Td (the) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 418.94 338.60 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 420.78 338.60 Td (three ) Tj ET Q q 0 0 0 rg BT 440.85 338.60 Td (months ) Tj ET Q q 0 0 0 rg BT 468.92 338.60 Td (and ) Tj ET Q q 0 0 0 rg BT 484.11 338.60 Td (year ) Tj ET Q q 0 0 0 rg BT 501.51 338.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 525.59 338.60 Td (December ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 329.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 80.84 329.00 Td (2015, ) Tj ET Q q 0 0 0 rg BT 103.09 329.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 144.73 329.00 Td (.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 317.22 Td (25) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 313.40 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 313.40 Td (Net ) Tj ET Q q 0 0 0 rg BT 82.08 313.40 Td (third-party ) Tj ET Q q 0 0 0 rg BT 120.23 313.40 Td (debt ) Tj ET Q q 0 0 0 rg BT 137.93 313.40 Td (including ) Tj ET Q q 0 0 0 rg BT 171.64 313.40 Td (capital ) Tj ET Q q 0 0 0 rg BT 196.90 313.40 Td (or ) Tj ET Q q 0 0 0 rg BT 206.14 313.40 Td (finance ) Tj ET Q q 0 0 0 rg BT 234.07 313.40 Td (lease ) Tj ET Q q 0 0 0 rg BT 255.33 313.40 Td (obligations ) Tj ET Q q 0 0 0 rg BT 295.71 313.40 Td (\(as ) Tj ET Q q 0 0 0 rg BT 308.96 313.40 Td (applicable\) ) Tj ET Q q 0 0 0 rg BT 349.79 313.40 Td (is ) Tj ET Q q 0 0 0 rg BT 357.70 313.40 Td (not ) Tj ET Q q 0 0 0 rg BT 370.95 313.40 Td (a ) Tj ET Q q 0 0 0 rg BT 377.53 313.40 Td (defined ) Tj ET Q q 0 0 0 rg BT 405.91 313.40 Td (term ) Tj ET Q q 0 0 0 rg BT 424.04 313.40 Td (under ) Tj ET Q q 0 0 0 rg BT 446.64 313.40 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 464.33 313.40 Td (GAAP) Tj ET Q q 0 0 0 rg BT 486.41 313.40 Td ( ) Tj ET Q q 0 0 0 rg BT 488.55 313.40 Td (or ) Tj ET Q q 0 0 0 rg BT 497.79 313.40 Td (EU-IFRS ) Tj ET Q q 0 0 0 rg BT 531.93 313.40 Td (and ) Tj ET Q q 0 0 0 rg BT 547.41 313.40 Td (may ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 303.80 Td (not ) Tj ET Q q 0 0 0 rg BT 80.84 303.80 Td (therefore ) Tj ET Q q 0 0 0 rg BT 115.09 303.80 Td (be ) Tj ET Q q 0 0 0 rg BT 126.21 303.80 Td (comparable ) Tj ET Q q 0 0 0 rg BT 170.23 303.80 Td (with ) Tj ET Q q 0 0 0 rg BT 186.68 303.80 Td (other ) Tj ET Q q 0 0 0 rg BT 207.14 303.80 Td (similarly ) Tj ET Q q 0 0 0 rg BT 238.25 303.80 Td (titled ) Tj ET Q q 0 0 0 rg BT 257.37 303.80 Td (measures ) Tj ET Q q 0 0 0 rg BT 294.71 303.80 Td (reported ) Tj ET Q q 0 0 0 rg BT 326.73 303.80 Td (by ) Tj ET Q q 0 0 0 rg BT 337.41 303.80 Td (other ) Tj ET Q q 0 0 0 rg BT 357.86 303.80 Td (companies.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 292.02 Td (26) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 288.20 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 288.20 Td (Our ) Tj ET Q q 0 0 0 rg BT 83.78 288.20 Td (fully-swapped ) Tj ET Q q 0 0 0 rg BT 135.63 288.20 Td (third-party ) Tj ET Q q 0 0 0 rg BT 174.59 288.20 Td (debt ) Tj ET Q q 0 0 0 rg BT 193.10 288.20 Td (borrowing ) Tj ET Q q 0 0 0 rg BT 231.17 288.20 Td (cost ) Tj ET Q q 0 0 0 rg BT 248.79 288.20 Td (represents ) Tj ET Q q 0 0 0 rg BT 289.53 288.20 Td (the ) Tj ET Q q 0 0 0 rg BT 303.59 288.20 Td (weighted ) Tj ET Q q 0 0 0 rg BT 338.56 288.20 Td (average ) Tj ET Q q 0 0 0 rg BT 370.41 288.20 Td (interest ) Tj ET Q q 0 0 0 rg BT 399.58 288.20 Td (rate ) Tj ET Q q 0 0 0 rg BT 416.31 288.20 Td (on ) Tj ET Q q 0 0 0 rg BT 428.15 288.20 Td (our ) Tj ET Q q 0 0 0 rg BT 442.66 288.20 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 481.63 288.20 Td (variable ) Tj ET Q q 0 0 0 rg BT 512.59 288.20 Td (and ) Tj ET Q q 0 0 0 rg BT 528.88 288.20 Td (fixed ) Tj ET Q q 0 0 0 rg BT 548.72 288.20 Td (rate ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 278.60 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 117.22 278.60 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 155.82 278.60 Td (capital ) Tj ET Q q 0 0 0 rg BT 181.07 278.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 202.33 278.60 Td (or ) Tj ET Q q 0 0 0 rg BT 211.57 278.60 Td (finance ) Tj ET Q q 0 0 0 rg BT 239.50 278.60 Td (lease ) Tj ET Q q 0 0 0 rg BT 260.76 278.60 Td (obligations\), ) Tj ET Q q 0 0 0 rg BT 306.02 278.60 Td (including ) Tj ET Q q 0 0 0 rg BT 339.73 278.60 Td (the ) Tj ET Q q 0 0 0 rg BT 352.98 278.60 Td (ef) Tj ET Q q 0 0 0 rg BT 359.51 278.60 Td (fects ) Tj ET Q q 0 0 0 rg BT 378.54 278.60 Td (of ) Tj ET Q q 0 0 0 rg BT 387.34 278.60 Td (derivative ) Tj ET Q q 0 0 0 rg BT 423.71 278.60 Td (instruments, ) Tj ET Q q 0 0 0 rg BT 469.41 278.60 Td (original ) Tj ET Q q 0 0 0 rg BT 497.33 278.60 Td (issue ) Tj ET Q q 0 0 0 rg BT 518.14 278.60 Td (premiums ) Tj ET Q q 0 0 0 rg BT 555.38 278.60 Td (or ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 269.00 Td (discounts ) Tj ET Q q 0 0 0 rg BT 103.52 269.00 Td (and ) Tj ET Q q 0 0 0 rg BT 119.09 269.00 Td (commitment ) Tj ET Q q 0 0 0 rg BT 164.88 269.00 Td (fees, ) Tj ET Q q 0 0 0 rg BT 184.44 269.00 Td (but ) Tj ET Q q 0 0 0 rg BT 197.79 269.00 Td (excluding ) Tj ET Q q 0 0 0 rg BT 233.81 269.00 Td (the ) Tj ET Q q 0 0 0 rg BT 247.15 269.00 Td (impact ) Tj ET Q q 0 0 0 rg BT 272.94 269.00 Td (of ) Tj ET Q q 0 0 0 rg BT 281.83 269.00 Td (financing ) Tj ET Q q 0 0 0 rg BT 316.08 269.00 Td (costs. ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 257.22 Td (27) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 253.40 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 253.40 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 101.50 253.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 136.39 253.40 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 164.85 253.40 Td ( ) Tj ET Q q 0 0 0 rg BT 167.72 253.40 Td (is ) Tj ET Q q 0 0 0 rg BT 176.37 253.40 Td (the ) Tj ET Q q 0 0 0 rg BT 190.36 253.40 Td (primary ) Tj ET Q q 0 0 0 rg BT 219.90 253.40 Td (measure ) Tj ET Q q 0 0 0 rg BT 253.89 253.40 Td (used ) Tj ET Q q 0 0 0 rg BT 274.11 253.40 Td (by ) Tj ET Q q 0 0 0 rg BT 285.43 253.40 Td (our ) Tj ET Q q 0 0 0 rg BT 299.86 253.40 Td (management ) Tj ET Q q 0 0 0 rg BT 349.43 253.40 Td (to ) Tj ET Q q 0 0 0 rg BT 358.97 253.40 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 392.09 253.40 Td (the ) Tj ET Q q 0 0 0 rg BT 406.08 253.40 Td (company) Tj ET Q q 0 0 0 rg BT 440.17 253.40 Td (s ) Tj ET Q q 0 0 0 rg BT 447.04 253.40 Td (performance. ) Tj ET Q q 0 0 0 rg BT 496.48 253.40 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 530.48 253.40 Td (Segment ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 243.80 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 95.95 243.80 Td ( ) Tj ET Q q 0 0 0 rg BT 98.67 243.80 Td (is ) Tj ET Q q 0 0 0 rg BT 107.16 243.80 Td (also ) Tj ET Q q 0 0 0 rg BT 124.55 243.80 Td (a ) Tj ET Q q 0 0 0 rg BT 131.72 243.80 Td (key ) Tj ET Q q 0 0 0 rg BT 146.88 243.80 Td (factor ) Tj ET Q q 0 0 0 rg BT 169.60 243.80 Td (that ) Tj ET Q q 0 0 0 rg BT 185.66 243.80 Td (is ) Tj ET Q q 0 0 0 rg BT 194.16 243.80 Td (used ) Tj ET Q q 0 0 0 rg BT 214.22 243.80 Td (by ) Tj ET Q q 0 0 0 rg BT 225.38 243.80 Td (our ) Tj ET Q q 0 0 0 rg BT 239.66 243.80 Td (internal ) Tj ET Q q 0 0 0 rg BT 268.62 243.80 Td (decision ) Tj ET Q q 0 0 0 rg BT 300.68 243.80 Td (makers ) Tj ET Q q 0 0 0 rg BT 329.62 243.80 Td (to ) Tj ET Q q 0 0 0 rg BT 339.01 243.80 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 371.97 243.80 Td (the ) Tj ET Q q 0 0 0 rg BT 385.81 243.80 Td (ef) Tj ET Q q 0 0 0 rg BT 392.34 243.80 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 435.07 243.80 Td (of ) Tj ET Q q 0 0 0 rg BT 444.46 243.80 Td (our ) Tj ET Q q 0 0 0 rg BT 458.74 243.80 Td (management ) Tj ET Q q 0 0 0 rg BT 508.15 243.80 Td (for ) Tj ET Q q 0 0 0 rg BT 520.20 243.80 Td (purposes ) Tj ET Q q 0 0 0 rg BT 555.82 243.80 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 234.20 Td (annual ) Tj ET Q q 0 0 0 rg BT 93.83 234.20 Td (and ) Tj ET Q q 0 0 0 rg BT 109.48 234.20 Td (other ) Tj ET Q q 0 0 0 rg BT 130.02 234.20 Td (incentive ) Tj ET Q q 0 0 0 rg BT 163.90 234.20 Td (compensation ) Tj ET Q q 0 0 0 rg BT 216.02 234.20 Td (plans. ) Tj ET Q q 0 0 0 rg BT 239.67 234.20 Td (W) Tj ET Q q 0 0 0 rg BT 247.08 234.20 Td (e ) Tj ET Q q 0 0 0 rg BT 253.83 234.20 Td (define ) Tj ET Q q 0 0 0 rg BT 277.94 234.20 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 306.39 234.20 Td ( ) Tj ET Q q 0 0 0 rg BT 308.70 234.20 Td (as ) Tj ET Q q 0 0 0 rg BT 319.45 234.20 Td (earnings ) Tj ET Q q 0 0 0 rg BT 352.45 234.20 Td (before ) Tj ET Q q 0 0 0 rg BT 377.44 234.20 Td (net ) Tj ET Q q 0 0 0 rg BT 390.86 234.20 Td (finance ) Tj ET Q q 0 0 0 rg BT 418.97 234.20 Td (expense, ) Tj ET Q q 0 0 0 rg BT 453.74 234.20 Td (income ) Tj ET Q q 0 0 0 rg BT 481.84 234.20 Td (taxes ) Tj ET Q q 0 0 0 rg BT 503.26 234.20 Td (and ) Tj ET Q q 0 0 0 rg BT 518.92 234.20 Td (depreciation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 224.60 Td (and ) Tj ET Q q 0 0 0 rg BT 84.01 224.60 Td (amortization. ) Tj ET Q q 0 0 0 rg BT 132.35 224.60 Td (As ) Tj ET Q q 0 0 0 rg BT 144.85 224.60 Td (we ) Tj ET Q q 0 0 0 rg BT 158.24 224.60 Td (use ) Tj ET Q q 0 0 0 rg BT 174.30 224.60 Td (the ) Tj ET Q q 0 0 0 rg BT 188.59 224.60 Td (term, ) Tj ET Q q 0 0 0 rg BT 209.34 224.60 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 243.64 224.60 Td (Segment ) Tj ET Q q 0 0 0 rg BT 278.83 224.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 307.28 224.60 Td ( ) Tj ET Q q 0 0 0 rg BT 310.44 224.60 Td (is ) Tj ET Q q 0 0 0 rg BT 319.39 224.60 Td (defined ) Tj ET Q q 0 0 0 rg BT 348.80 224.60 Td (as ) Tj ET Q q 0 0 0 rg BT 360.41 224.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 388.86 224.60 Td ( ) Tj ET Q q 0 0 0 rg BT 392.03 224.60 Td (before ) Tj ET Q q 0 0 0 rg BT 417.88 224.60 Td (share-based ) Tj ET Q q 0 0 0 rg BT 465.51 224.60 Td (compensation, ) Tj ET Q q 0 0 0 rg BT 520.71 224.60 Td (impairment, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 215.00 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 115.10 215.00 Td (and ) Tj ET Q q 0 0 0 rg BT 131.59 215.00 Td (other ) Tj ET Q q 0 0 0 rg BT 152.96 215.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 189.46 215.00 Td (items ) Tj ET Q q 0 0 0 rg BT 211.71 215.00 Td (and ) Tj ET Q q 0 0 0 rg BT 228.20 215.00 Td (related-party ) Tj ET Q q 0 0 0 rg BT 276.24 215.00 Td (fees ) Tj ET Q q 0 0 0 rg BT 294.50 215.00 Td (and ) Tj ET Q q 0 0 0 rg BT 310.99 215.00 Td (allocations. ) Tj ET Q q 0 0 0 rg BT 354.15 215.00 Td (Other ) Tj ET Q q 0 0 0 rg BT 377.30 215.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 413.80 215.00 Td (items ) Tj ET Q q 0 0 0 rg BT 436.05 215.00 Td (include ) Tj ET Q q 0 0 0 rg BT 464.54 215.00 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 474.78 215.00 Td (gains ) Tj ET Q q 0 0 0 rg BT 497.05 215.00 Td (and ) Tj ET Q q 0 0 0 rg BT 513.53 215.00 Td (losses ) Tj ET Q q 0 0 0 rg BT 539.35 215.00 Td (on ) Tj ET Q q 0 0 0 rg BT 551.38 215.00 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 205.40 Td (disposition ) Tj ET Q q 0 0 0 rg BT 106.67 205.40 Td (of ) Tj ET Q q 0 0 0 rg BT 114.71 205.40 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 150.32 205.40 Td (assets, ) Tj ET Q q 0 0 0 rg BT 177.03 205.40 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 187.28 205.40 Td (third-party ) Tj ET Q q 0 0 0 rg BT 224.66 205.40 Td (costs ) Tj ET Q q 0 0 0 rg BT 244.70 205.40 Td (directly ) Tj ET Q q 0 0 0 rg BT 271.41 205.40 Td (associated ) Tj ET Q q 0 0 0 rg BT 311.02 205.40 Td (with ) Tj ET Q q 0 0 0 rg BT 326.61 205.40 Td (successful ) Tj ET Q q 0 0 0 rg BT 365.33 205.40 Td (and ) Tj ET Q q 0 0 0 rg BT 380.04 205.40 Td (unsuccessful ) Tj ET Q q 0 0 0 rg BT 427.66 205.40 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 470.83 205.40 Td (and ) Tj ET Q q 0 0 0 rg BT 485.54 205.40 Td (dispositions, ) Tj ET Q q 0 0 0 rg BT 530.93 205.40 Td (including ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 195.80 Td (legal, ) Tj ET Q q 0 0 0 rg BT 89.06 195.80 Td (advisory ) Tj ET Q q 0 0 0 rg BT 121.29 195.80 Td (and ) Tj ET Q q 0 0 0 rg BT 137.07 195.80 Td (due ) Tj ET Q q 0 0 0 rg BT 152.86 195.80 Td (diligence ) Tj ET Q q 0 0 0 rg BT 186.88 195.80 Td (fees, ) Tj ET Q q 0 0 0 rg BT 206.66 195.80 Td (as ) Tj ET Q q 0 0 0 rg BT 217.54 195.80 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 258.23 195.80 Td (and ) Tj ET Q q 0 0 0 rg BT 274.02 195.80 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 287.11 195.80 Td (other ) Tj ET Q q 0 0 0 rg BT 307.79 195.80 Td (acquisition-related ) Tj ET Q q 0 0 0 rg BT 375.15 195.80 Td (items, ) Tj ET Q q 0 0 0 rg BT 398.92 195.80 Td (such ) Tj ET Q q 0 0 0 rg BT 418.26 195.80 Td (as ) Tj ET Q q 0 0 0 rg BT 429.14 195.80 Td (gains ) Tj ET Q q 0 0 0 rg BT 450.71 195.80 Td (and ) Tj ET Q q 0 0 0 rg BT 466.49 195.80 Td (losses ) Tj ET Q q 0 0 0 rg BT 491.61 195.80 Td (on ) Tj ET Q q 0 0 0 rg BT 502.94 195.80 Td (the ) Tj ET Q q 0 0 0 rg BT 516.50 195.80 Td (settlement ) Tj ET Q q 0 0 0 rg BT 555.84 195.80 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 186.20 Td (contingent ) Tj ET Q q 0 0 0 rg BT 106.74 186.20 Td (consideration. ) Tj ET Q q 0 0 0 rg BT 158.41 186.20 Td (As ) Tj ET Q q 0 0 0 rg BT 170.07 186.20 Td (further ) Tj ET Q q 0 0 0 rg BT 195.52 186.20 Td (described ) Tj ET Q q 0 0 0 rg BT 232.53 186.20 Td (in ) Tj ET Q q 0 0 0 rg BT 241.08 186.20 Td (footnote ) Tj ET Q q 0 0 0 rg BT 272.32 186.20 Td (20 ) Tj ET Q q 0 0 0 rg BT 283.54 186.20 Td (above, ) Tj ET Q q 0 0 0 rg BT 309.88 186.20 Td (certain ) Tj ET Q q 0 0 0 rg BT 336.22 186.20 Td (related-party ) Tj ET Q q 0 0 0 rg BT 383.45 186.20 Td (fees ) Tj ET Q q 0 0 0 rg BT 400.90 186.20 Td (and ) Tj ET Q q 0 0 0 rg BT 416.57 186.20 Td (allocations ) Tj ET Q q 0 0 0 rg BT 456.69 186.20 Td (are ) Tj ET Q q 0 0 0 rg BT 470.58 186.20 Td (included ) Tj ET Q q 0 0 0 rg BT 502.70 186.20 Td (in ) Tj ET Q q 0 0 0 rg BT 511.25 186.20 Td (the ) Tj ET Q q 0 0 0 rg BT 524.70 186.20 Td (calculation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 176.60 Td (of ) Tj ET Q q 0 0 0 rg BT 77.05 176.60 Td (the ) Tj ET Q q 0 0 0 rg BT 91.05 176.60 Td (EBITDA ) Tj ET Q q 0 0 0 rg BT 128.15 176.60 Td (metric ) Tj ET Q q 0 0 0 rg BT 152.80 176.60 Td (specified ) Tj ET Q q 0 0 0 rg BT 187.26 176.60 Td (by ) Tj ET Q q 0 0 0 rg BT 198.58 176.60 Td (the ) Tj ET Q q 0 0 0 rg BT 212.58 176.60 Td (applicable ) Tj ET Q q 0 0 0 rg BT 251.49 176.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 269.94 176.60 Td (agreements ) Tj ET Q q 0 0 0 rg BT 315.06 176.60 Td (of ) Tj ET Q q 0 0 0 rg BT 324.61 176.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 351.50 176.60 Td (Global) Tj ET Q q 0 0 0 rg BT 376.26 176.60 Td (s ) Tj ET Q q 0 0 0 rg BT 383.14 176.60 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 430.48 176.60 Td (Our ) Tj ET Q q 0 0 0 rg BT 446.69 176.60 Td (internal ) Tj ET Q q 0 0 0 rg BT 475.81 176.60 Td (decision ) Tj ET Q q 0 0 0 rg BT 508.04 176.60 Td (makers ) Tj ET Q q 0 0 0 rg BT 537.14 176.60 Td (believe ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 167.00 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 100.44 167.00 Td (Segment ) Tj ET Q q 0 0 0 rg BT 134.26 167.00 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 162.72 167.00 Td ( ) Tj ET Q q 0 0 0 rg BT 164.52 167.00 Td (is ) Tj ET Q q 0 0 0 rg BT 172.11 167.00 Td (a ) Tj ET Q q 0 0 0 rg BT 178.36 167.00 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 219.31 167.00 Td (measure ) Tj ET Q q 0 0 0 rg BT 252.24 167.00 Td (and ) Tj ET Q q 0 0 0 rg BT 267.39 167.00 Td (is ) Tj ET Q q 0 0 0 rg BT 274.97 167.00 Td (superior ) Tj ET Q q 0 0 0 rg BT 305.68 167.00 Td (to ) Tj ET Q q 0 0 0 rg BT 314.16 167.00 Td (other ) Tj ET Q q 0 0 0 rg BT 334.20 167.00 Td (available ) Tj ET Q q 0 0 0 rg BT 367.59 167.00 Td (EU-IFRS ) Tj ET Q q 0 0 0 rg BT 401.39 167.00 Td (measures ) Tj ET Q q 0 0 0 rg BT 438.32 167.00 Td (because ) Tj ET Q q 0 0 0 rg BT 470.38 167.00 Td (it ) Tj ET Q q 0 0 0 rg BT 476.18 167.00 Td (represents ) Tj ET Q q 0 0 0 rg BT 515.78 167.00 Td (a ) Tj ET Q q 0 0 0 rg BT 522.04 167.00 Td (transparent ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 157.40 Td (view ) Tj ET Q q 0 0 0 rg BT 85.32 157.40 Td (of ) Tj ET Q q 0 0 0 rg BT 93.80 157.40 Td (our ) Tj ET Q q 0 0 0 rg BT 107.17 157.40 Td (recurring ) Tj ET Q q 0 0 0 rg BT 140.55 157.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 175.72 157.40 Td (performance ) Tj ET Q q 0 0 0 rg BT 222.44 157.40 Td (that ) Tj ET Q q 0 0 0 rg BT 237.60 157.40 Td (is ) Tj ET Q q 0 0 0 rg BT 245.19 157.40 Td (unaf) Tj ET Q q 0 0 0 rg BT 260.61 157.40 Td (fected ) Tj ET Q q 0 0 0 rg BT 284.22 157.40 Td (by ) Tj ET Q q 0 0 0 rg BT 294.48 157.40 Td (our ) Tj ET Q q 0 0 0 rg BT 307.85 157.40 Td (capital ) Tj ET Q q 0 0 0 rg BT 332.79 157.40 Td (structure ) Tj ET Q q 0 0 0 rg BT 365.72 157.40 Td (and ) Tj ET Q q 0 0 0 rg BT 380.88 157.40 Td (allows ) Tj ET Q q 0 0 0 rg BT 404.92 157.40 Td (management ) Tj ET Q q 0 0 0 rg BT 453.43 157.40 Td (to ) Tj ET Q q 0 0 0 rg BT 461.91 157.40 Td (readily ) Tj ET Q q 0 0 0 rg BT 487.29 157.40 Td (view ) Tj ET Q q 0 0 0 rg BT 505.11 157.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 540.28 157.40 Td (trends ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 147.80 Td (and ) Tj ET Q q 0 0 0 rg BT 83.01 147.80 Td (identify ) Tj ET Q q 0 0 0 rg BT 110.51 147.80 Td (strategies ) Tj ET Q q 0 0 0 rg BT 147.36 147.80 Td (to ) Tj ET Q q 0 0 0 rg BT 156.19 147.80 Td (improve ) Tj ET Q q 0 0 0 rg BT 186.80 147.80 Td (operating ) Tj ET Q q 0 0 0 rg BT 222.32 147.80 Td (performance. ) Tj ET Q q 0 0 0 rg BT 271.61 147.80 Td (W) Tj ET Q q 0 0 0 rg BT 279.02 147.80 Td (e ) Tj ET Q q 0 0 0 rg BT 285.63 147.80 Td (believe ) Tj ET Q q 0 0 0 rg BT 313.14 147.80 Td (our ) Tj ET Q q 0 0 0 rg BT 326.43 147.80 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 359.73 147.80 Td (Segment ) Tj ET Q q 0 0 0 rg BT 393.91 147.80 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 422.36 147.80 Td ( ) Tj ET Q q 0 0 0 rg BT 424.52 147.80 Td (measure ) Tj ET Q q 0 0 0 rg BT 457.80 147.80 Td (is ) Tj ET Q q 0 0 0 rg BT 465.74 147.80 Td (useful ) Tj ET Q q 0 0 0 rg BT 489.25 147.80 Td (to ) Tj ET Q q 0 0 0 rg BT 498.08 147.80 Td (investors ) Tj ET Q q 0 0 0 rg BT 532.25 147.80 Td (because ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 138.20 Td (it ) Tj ET Q q 0 0 0 rg BT 73.67 138.20 Td (is ) Tj ET Q q 0 0 0 rg BT 81.61 138.20 Td (one ) Tj ET Q q 0 0 0 rg BT 97.13 138.20 Td (of ) Tj ET Q q 0 0 0 rg BT 105.97 138.20 Td (the ) Tj ET Q q 0 0 0 rg BT 119.26 138.20 Td (bases ) Tj ET Q q 0 0 0 rg BT 142.78 138.20 Td (for ) Tj ET Q q 0 0 0 rg BT 154.28 138.20 Td (comparing ) Tj ET Q q 0 0 0 rg BT 193.80 138.20 Td (our ) Tj ET Q q 0 0 0 rg BT 207.53 138.20 Td (performance ) Tj ET Q q 0 0 0 rg BT 254.61 138.20 Td (with ) Tj ET Q q 0 0 0 rg BT 271.01 138.20 Td (the ) Tj ET Q q 0 0 0 rg BT 284.29 138.20 Td (performance ) Tj ET Q q 0 0 0 rg BT 331.37 138.20 Td (of ) Tj ET Q q 0 0 0 rg BT 340.21 138.20 Td (other ) Tj ET Q q 0 0 0 rg BT 360.62 138.20 Td (companies ) Tj ET Q q 0 0 0 rg BT 401.47 138.20 Td (in ) Tj ET Q q 0 0 0 rg BT 409.87 138.20 Td (the ) Tj ET Q q 0 0 0 rg BT 423.16 138.20 Td (same ) Tj ET Q q 0 0 0 rg BT 444.89 138.20 Td (or ) Tj ET Q q 0 0 0 rg BT 454.17 138.20 Td (similar ) Tj ET Q q 0 0 0 rg BT 479.45 138.20 Td (industries, ) Tj ET Q q 0 0 0 rg BT 518.08 138.20 Td (although ) Tj ET Q q 0 0 0 rg BT 550.94 138.20 Td (our ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 128.60 Td (measure ) Tj ET Q q 0 0 0 rg BT 101.14 128.60 Td (may ) Tj ET Q q 0 0 0 rg BT 118.78 128.60 Td (not ) Tj ET Q q 0 0 0 rg BT 132.42 128.60 Td (be ) Tj ET Q q 0 0 0 rg BT 143.83 128.60 Td (directly ) Tj ET Q q 0 0 0 rg BT 171.69 128.60 Td (comparable ) Tj ET Q q 0 0 0 rg BT 216.01 128.60 Td (to ) Tj ET Q q 0 0 0 rg BT 225.20 128.60 Td (similar ) Tj ET Q q 0 0 0 rg BT 250.83 128.60 Td (measures ) Tj ET Q q 0 0 0 rg BT 288.48 128.60 Td (used ) Tj ET Q q 0 0 0 rg BT 308.34 128.60 Td (by ) Tj ET Q q 0 0 0 rg BT 319.31 128.60 Td (other ) Tj ET Q q 0 0 0 rg BT 340.06 128.60 Td (companies. ) Tj ET Q q 0 0 0 rg BT 382.99 128.60 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 416.65 128.60 Td (Segment ) Tj ET Q q 0 0 0 rg BT 451.18 128.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 479.64 128.60 Td ( ) Tj ET Q q 0 0 0 rg BT 482.16 128.60 Td (should ) Tj ET Q q 0 0 0 rg BT 508.25 128.60 Td (be ) Tj ET Q q 0 0 0 rg BT 519.67 128.60 Td (viewed ) Tj ET Q q 0 0 0 rg BT 547.09 128.60 Td (as ) Tj ET Q q 0 0 0 rg BT 558.06 128.60 Td (a ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 119.00 Td (measure ) Tj ET Q q 0 0 0 rg BT 100.39 119.00 Td (of ) Tj ET Q q 0 0 0 rg BT 108.82 119.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 143.94 119.00 Td (performance ) Tj ET Q q 0 0 0 rg BT 190.61 119.00 Td (that ) Tj ET Q q 0 0 0 rg BT 205.72 119.00 Td (is ) Tj ET Q q 0 0 0 rg BT 213.25 119.00 Td (a ) Tj ET Q q 0 0 0 rg BT 219.47 119.00 Td (supplement ) Tj ET Q q 0 0 0 rg BT 262.59 119.00 Td (to, ) Tj ET Q q 0 0 0 rg BT 273.24 119.00 Td (and ) Tj ET Q q 0 0 0 rg BT 288.35 119.00 Td (not ) Tj ET Q q 0 0 0 rg BT 301.23 119.00 Td (a ) Tj ET Q q 0 0 0 rg BT 307.44 119.00 Td (substitute ) Tj ET Q q 0 0 0 rg BT 343.45 119.00 Td (for ) Tj ET Q q 0 0 0 rg BT 354.54 119.00 Td (EBIT) Tj ET Q q 0 0 0 rg BT 371.44 119.00 Td (, ) Tj ET Q q 0 0 0 rg BT 375.42 119.00 Td (net ) Tj ET Q q 0 0 0 rg BT 388.30 119.00 Td (earnings ) Tj ET Q q 0 0 0 rg BT 420.75 119.00 Td (\(loss\), ) Tj ET Q q 0 0 0 rg BT 444.29 119.00 Td (cash ) Tj ET Q q 0 0 0 rg BT 462.95 119.00 Td (flow ) Tj ET Q q 0 0 0 rg BT 478.94 119.00 Td (from ) Tj ET Q q 0 0 0 rg BT 496.70 119.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 531.82 119.00 Td (activities ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 109.40 Td (and ) Tj ET Q q 0 0 0 rg BT 82.64 109.40 Td (other ) Tj ET Q q 0 0 0 rg BT 102.67 109.40 Td (EU-IFRS ) Tj ET Q q 0 0 0 rg BT 136.47 109.40 Td (measures ) Tj ET Q q 0 0 0 rg BT 173.39 109.40 Td (of ) Tj ET Q q 0 0 0 rg BT 181.85 109.40 Td (income ) Tj ET Q q 0 0 0 rg BT 209.44 109.40 Td (or ) Tj ET Q q 0 0 0 rg BT 218.35 109.40 Td (cash ) Tj ET Q q 0 0 0 rg BT 237.04 109.40 Td (flows. ) Tj ET Q q 0 0 0 rg BT 258.93 109.40 Td (A) Tj ET Q q 0 0 0 rg BT 263.82 109.40 Td ( ) Tj ET Q q 0 0 0 rg BT 265.62 109.40 Td (reconciliation ) Tj ET Q q 0 0 0 rg BT 314.10 109.40 Td (of ) Tj ET Q q 0 0 0 rg BT 322.21 109.40 Td (Adjusted ) Tj ET Q q 0 0 0 rg BT 355.14 109.40 Td (Segment ) Tj ET Q q 0 0 0 rg BT 388.96 109.40 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 417.41 109.40 Td ( ) Tj ET Q q 0 0 0 rg BT 419.20 109.40 Td (to ) Tj ET Q q 0 0 0 rg BT 427.67 109.40 Td (net ) Tj ET Q q 0 0 0 rg BT 440.59 109.40 Td (loss ) Tj ET Q q 0 0 0 rg BT 456.61 109.40 Td (is ) Tj ET Q q 0 0 0 rg BT 464.18 109.40 Td (presented ) Tj ET Q q 0 0 0 rg BT 501.56 109.40 Td (in ) Tj ET Q q 0 0 0 rg BT 509.58 109.40 Td (the ) Tj ET Q q 0 0 0 rg BT 522.49 109.40 Td (Unitymedia ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 99.80 Td (section ) Tj ET Q q 0 0 0 rg BT 95.07 99.80 Td (of ) Tj ET Q q 0 0 0 rg BT 103.96 99.80 Td (this ) Tj ET Q q 0 0 0 rg BT 118.64 99.80 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 88.02 Td (28 ) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 56.73 88.02 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 84.20 Td (International ) Tj ET Q q 0 0 0 rg BT 113.75 84.20 Td (Financial ) Tj ET Q q 0 0 0 rg BT 147.99 84.20 Td (Reporting ) Tj ET Q q 0 0 0 rg BT 184.90 84.20 Td (Standards, ) Tj ET Q q 0 0 0 rg BT 225.82 84.20 Td (as ) Tj ET Q q 0 0 0 rg BT 236.49 84.20 Td (adopted ) Tj ET Q q 0 0 0 rg BT 267.63 84.20 Td (by ) Tj ET Q q 0 0 0 rg BT 278.30 84.20 Td (the ) Tj ET Q q 0 0 0 rg BT 291.64 84.20 Td (European ) Tj ET Q q 0 0 0 rg BT 328.56 84.20 Td (Union, ) Tj ET Q q 0 0 0 rg BT 353.91 84.20 Td (are ) Tj ET Q q 0 0 0 rg BT 367.70 84.20 Td (referred ) Tj ET Q q 0 0 0 rg BT 397.93 84.20 Td (to ) Tj ET Q q 0 0 0 rg BT 406.82 84.20 Td (as ) Tj ET Q q 0 0 0 rg BT 417.50 84.20 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 72.42 Td (29 ) Tj ET Q BT /F2 5.20 Tf ET q 0 0 0 rg BT 56.73 72.42 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 68.60 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 105.75 68.60 Td (video ) Tj ET Q q 0 0 0 rg BT 127.10 68.60 Td (penetration ) Tj ET Q q 0 0 0 rg BT 169.36 68.60 Td (is ) Tj ET Q q 0 0 0 rg BT 177.36 68.60 Td (calculated ) Tj ET Q q 0 0 0 rg BT 215.61 68.60 Td (by ) Tj ET Q q 0 0 0 rg BT 226.28 68.60 Td (dividing ) Tj ET Q q 0 0 0 rg BT 255.63 68.60 Td (the ) Tj ET Q q 0 0 0 rg BT 268.98 68.60 Td (number ) Tj ET Q q 0 0 0 rg BT 298.33 68.60 Td (of ) Tj ET Q q 0 0 0 rg BT 307.22 68.60 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 344.59 68.60 Td (video ) Tj ET Q q 0 0 0 rg BT 365.94 68.60 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 389.94 68.60 Td (by ) Tj ET Q q 0 0 0 rg BT 400.61 68.60 Td (the ) Tj ET Q q 0 0 0 rg BT 413.96 68.60 Td (total ) Tj ET Q q 0 0 0 rg BT 431.30 68.60 Td (number ) Tj ET Q q 0 0 0 rg BT 460.65 68.60 Td (of ) Tj ET Q q 0 0 0 rg BT 469.54 68.60 Td (basic ) Tj ET Q q 0 0 0 rg BT 490.44 68.60 Td (and ) Tj ET Q q 0 0 0 rg BT 506.02 68.60 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 543.38 68.60 Td (video ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 59.00 Td (RGUs.) Tj ET Q /GS0 gs q 75.80 0 0 47.00 486.15 732.50 cm /I98 Do Q endstream endobj 87 0 obj <> endobj 88 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 (43) 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 (30) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 714.20 Td ( ) Tj ET Q q 0 0 0 rg BT 57.51 714.20 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 714.20 Td (T) Tj ET Q q 0 0 0 rg BT 71.50 714.20 Td (elephony ) Tj ET Q q 0 0 0 rg BT 105.76 714.20 Td (and ) Tj ET Q q 0 0 0 rg BT 120.90 714.20 Td (broadband ) Tj ET Q q 0 0 0 rg BT 160.94 714.20 Td (penetration ) Tj ET Q q 0 0 0 rg BT 202.76 714.20 Td (is ) Tj ET Q q 0 0 0 rg BT 210.32 714.20 Td (calculated ) Tj ET Q q 0 0 0 rg BT 248.14 714.20 Td (by ) Tj ET Q q 0 0 0 rg BT 258.37 714.20 Td (dividing ) Tj ET Q q 0 0 0 rg BT 287.29 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 300.20 714.20 Td (number ) Tj ET Q q 0 0 0 rg BT 329.11 714.20 Td (of ) Tj ET Q q 0 0 0 rg BT 337.57 714.20 Td (telephony ) Tj ET Q q 0 0 0 rg BT 374.05 714.20 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 397.62 714.20 Td (and ) Tj ET Q q 0 0 0 rg BT 412.75 714.20 Td (broadband ) Tj ET Q q 0 0 0 rg BT 452.80 714.20 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 478.59 714.20 Td (respectively) Tj ET Q q 0 0 0 rg BT 520.23 714.20 Td (, ) Tj ET Q q 0 0 0 rg BT 524.24 714.20 Td (by ) Tj ET Q q 0 0 0 rg BT 534.48 714.20 Td (the ) Tj ET Q q 0 0 0 rg BT 547.39 714.20 Td (total ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 704.60 Td (two-way ) Tj ET Q q 0 0 0 rg BT 99.06 704.60 Td (homes ) Tj ET Q q 0 0 0 rg BT 125.30 704.60 Td (passed.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 692.82 Td (31) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 689.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 689.00 Td (On ) Tj ET Q q 0 0 0 rg BT 79.92 689.00 Td (November ) Tj ET Q q 0 0 0 rg BT 118.57 689.00 Td (1) Tj ET Q q 0 0 0 rg BT 122.42 689.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 130.84 689.00 Td (2014, ) Tj ET Q q 0 0 0 rg BT 152.61 689.00 Td (a ) Tj ET Q q 0 0 0 rg BT 158.80 689.00 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 184.56 689.00 Td (Global ) Tj ET Q q 0 0 0 rg BT 209.43 689.00 Td (subsidiary) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 245.45 689.00 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 247.19 689.00 Td (acquired ) Tj ET Q q 0 0 0 rg BT 279.63 689.00 Td (a ) Tj ET Q q 0 0 0 rg BT 285.82 689.00 Td (controlling ) Tj ET Q q 0 0 0 rg BT 324.03 689.00 Td (interest ) Tj ET Q q 0 0 0 rg BT 352.01 689.00 Td (in ) Tj ET Q q 0 0 0 rg BT 359.98 689.00 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 381.74 689.00 Td (Holding ) Tj ET Q q 0 0 0 rg BT 410.62 689.00 Td (\(the ) Tj ET Q q 0 0 0 rg BT 428.81 689.00 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 450.22 689.00 Td (Acquisition\). ) Tj ET Q q 0 0 0 rg BT 498.09 689.00 Td (The ) Tj ET Q q 0 0 0 rg BT 513.63 689.00 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 539.38 689.00 Td (Global ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 679.40 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 105.44 679.40 Td (accounted ) Tj ET Q q 0 0 0 rg BT 144.28 679.40 Td (for ) Tj ET Q q 0 0 0 rg BT 155.53 679.40 Td (this ) Tj ET Q q 0 0 0 rg BT 169.90 679.40 Td (transaction ) Tj ET Q q 0 0 0 rg BT 210.96 679.40 Td (using ) Tj ET Q q 0 0 0 rg BT 232.00 679.40 Td (the ) Tj ET Q q 0 0 0 rg BT 245.04 679.40 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 284.77 679.40 Td (method ) Tj ET Q q 0 0 0 rg BT 313.37 679.40 Td (of ) Tj ET Q q 0 0 0 rg BT 321.96 679.40 Td (accounting. ) Tj ET Q q 0 0 0 rg BT 364.80 679.40 Td (During ) Tj ET Q q 0 0 0 rg BT 390.29 679.40 Td (the ) Tj ET Q q 0 0 0 rg BT 403.33 679.40 Td (first ) Tj ET Q q 0 0 0 rg BT 418.14 679.40 Td (quarter ) Tj ET Q q 0 0 0 rg BT 445.41 679.40 Td (of ) Tj ET Q q 0 0 0 rg BT 454.00 679.40 Td (2015, ) Tj ET Q q 0 0 0 rg BT 475.94 679.40 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 501.87 679.40 Td (Global ) Tj ET Q q 0 0 0 rg BT 526.92 679.40 Td (undertook ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 669.80 Td (various ) Tj ET Q q 0 0 0 rg BT 95.75 669.80 Td (financing ) Tj ET Q q 0 0 0 rg BT 130.24 669.80 Td (transactions ) Tj ET Q q 0 0 0 rg BT 175.84 669.80 Td (in ) Tj ET Q q 0 0 0 rg BT 184.53 669.80 Td (connection ) Tj ET Q q 0 0 0 rg BT 225.69 669.80 Td (with ) Tj ET Q q 0 0 0 rg BT 242.38 669.80 Td (certain ) Tj ET Q q 0 0 0 rg BT 268.86 669.80 Td (internal ) Tj ET Q q 0 0 0 rg BT 297.56 669.80 Td (reorganizations ) Tj ET Q q 0 0 0 rg BT 354.73 669.80 Td (of ) Tj ET Q q 0 0 0 rg BT 363.86 669.80 Td (its ) Tj ET Q q 0 0 0 rg BT 374.33 669.80 Td (broadband ) Tj ET Q q 0 0 0 rg BT 415.05 669.80 Td (and ) Tj ET Q q 0 0 0 rg BT 430.86 669.80 Td (wireless ) Tj ET Q q 0 0 0 rg BT 462.22 669.80 Td (communications ) Tj ET Q q 0 0 0 rg BT 522.49 669.80 Td (businesses ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 660.20 Td (in ) Tj ET Q q 0 0 0 rg BT 75.78 660.20 Td (Europe, ) Tj ET Q q 0 0 0 rg BT 105.86 660.20 Td (including ) Tj ET Q q 0 0 0 rg BT 139.50 660.20 Td (the ) Tj ET Q q 0 0 0 rg BT 152.68 660.20 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 197.87 660.20 Td (Reorganization. ) Tj ET Q q 0 0 0 rg BT 255.83 660.20 Td (The ) Tj ET Q q 0 0 0 rg BT 271.67 660.20 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 316.87 660.20 Td (Reorganization ) Tj ET Q q 0 0 0 rg BT 372.74 660.20 Td (represents ) Tj ET Q q 0 0 0 rg BT 412.59 660.20 Td (common ) Tj ET Q q 0 0 0 rg BT 445.32 660.20 Td (control ) Tj ET Q q 0 0 0 rg BT 471.39 660.20 Td (transfers ) Tj ET Q q 0 0 0 rg BT 504.57 660.20 Td (of ) Tj ET Q q 0 0 0 rg BT 513.30 660.20 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 535.37 660.20 Td (Holding ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 650.60 Td (and ) Tj ET Q q 0 0 0 rg BT 82.84 650.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 104.85 650.60 Td (Services ) Tj ET Q q 0 0 0 rg BT 137.52 650.60 Td (that ) Tj ET Q q 0 0 0 rg BT 152.86 650.60 Td (we ) Tj ET Q q 0 0 0 rg BT 165.08 650.60 Td (have ) Tj ET Q q 0 0 0 rg BT 184.43 650.60 Td (accounted ) Tj ET Q q 0 0 0 rg BT 223.34 650.60 Td (for ) Tj ET Q q 0 0 0 rg BT 234.67 650.60 Td (at ) Tj ET Q q 0 0 0 rg BT 243.34 650.60 Td (the ) Tj ET Q q 0 0 0 rg BT 256.46 650.60 Td (respective ) Tj ET Q q 0 0 0 rg BT 294.91 650.60 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 320.92 650.60 Td (Global ) Tj ET Q q 0 0 0 rg BT 346.04 650.60 Td (subsidiaries) Tj ET Q q 0 0 0 rg BT 389.76 650.60 Td ( ) Tj ET Q q 0 0 0 rg BT 391.76 650.60 Td (basis ) Tj ET Q q 0 0 0 rg BT 412.43 650.60 Td (and ) Tj ET Q q 0 0 0 rg BT 427.77 650.60 Td (the ) Tj ET Q q 0 0 0 rg BT 440.89 650.60 Td (financial ) Tj ET Q q 0 0 0 rg BT 472.24 650.60 Td (information ) Tj ET Q q 0 0 0 rg BT 513.81 650.60 Td (and ) Tj ET Q q 0 0 0 rg BT 529.15 650.60 Td (operating ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 641.00 Td (statistics ) Tj ET Q q 0 0 0 rg BT 100.28 641.00 Td (presented ) Tj ET Q q 0 0 0 rg BT 137.96 641.00 Td (herein ) Tj ET Q q 0 0 0 rg BT 162.31 641.00 Td (have ) Tj ET Q q 0 0 0 rg BT 181.76 641.00 Td (been ) Tj ET Q q 0 0 0 rg BT 201.66 641.00 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 255.34 641.00 Td (revised ) Tj ET Q q 0 0 0 rg BT 283.24 641.00 Td (to ) Tj ET Q q 0 0 0 rg BT 292.02 641.00 Td (give ) Tj ET Q q 0 0 0 rg BT 308.80 641.00 Td (ef) Tj ET Q q 0 0 0 rg BT 315.32 641.00 Td (fect ) Tj ET Q q 0 0 0 rg BT 330.32 641.00 Td (to ) Tj ET Q q 0 0 0 rg BT 339.10 641.00 Td (this ) Tj ET Q q 0 0 0 rg BT 353.66 641.00 Td (transaction ) Tj ET Q q 0 0 0 rg BT 394.89 641.00 Td (for ) Tj ET Q q 0 0 0 rg BT 406.34 641.00 Td (all ) Tj ET Q q 0 0 0 rg BT 416.45 641.00 Td (periods ) Tj ET Q q 0 0 0 rg BT 444.79 641.00 Td (in ) Tj ET Q q 0 0 0 rg BT 453.12 641.00 Td (which ) Tj ET Q q 0 0 0 rg BT 475.68 641.00 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 497.80 641.00 Td (Holding ) Tj ET Q q 0 0 0 rg BT 527.03 641.00 Td (and ) Tj ET Q q 0 0 0 rg BT 542.48 641.00 Td (Ziggo ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 631.40 Td (Services ) Tj ET Q q 0 0 0 rg BT 100.73 631.40 Td (were ) Tj ET Q q 0 0 0 rg BT 120.62 631.40 Td (under ) Tj ET Q q 0 0 0 rg BT 143.63 631.40 Td (the ) Tj ET Q q 0 0 0 rg BT 157.30 631.40 Td (common ) Tj ET Q q 0 0 0 rg BT 190.52 631.40 Td (control ) Tj ET Q q 0 0 0 rg BT 217.09 631.40 Td (of ) Tj ET Q q 0 0 0 rg BT 226.31 631.40 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 252.87 631.40 Td (Global ) Tj ET Q q 0 0 0 rg BT 278.55 631.40 Td (\(i.e., ) Tj ET Q q 0 0 0 rg BT 296.66 631.40 Td (all ) Tj ET Q q 0 0 0 rg BT 307.21 631.40 Td (periods ) Tj ET Q q 0 0 0 rg BT 336.00 631.40 Td (beginning ) Tj ET Q q 0 0 0 rg BT 373.25 631.40 Td (after ) Tj ET Q q 0 0 0 rg BT 391.81 631.40 Td (the ) Tj ET Q q 0 0 0 rg BT 405.48 631.40 Td (November ) Tj ET Q q 0 0 0 rg BT 444.93 631.40 Td (1) Tj ET Q q 0 0 0 rg BT 448.79 631.40 Td (1, ) Tj ET Q q 0 0 0 rg BT 458.01 631.40 Td (2014 ) Tj ET Q q 0 0 0 rg BT 478.35 631.40 Td (completion ) Tj ET Q q 0 0 0 rg BT 519.59 631.40 Td (of ) Tj ET Q q 0 0 0 rg BT 528.81 631.40 Td (the ) Tj ET Q q 0 0 0 rg BT 542.49 631.40 Td (Ziggo ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 621.80 Td (Acquisition\). ) Tj ET Q q 0 0 0 rg BT 112.43 621.80 Td (After ) Tj ET Q q 0 0 0 rg BT 131.02 621.80 Td (giving ) Tj ET Q q 0 0 0 rg BT 153.62 621.80 Td (ef) Tj ET Q q 0 0 0 rg BT 160.15 621.80 Td (fect ) Tj ET Q q 0 0 0 rg BT 174.74 621.80 Td (to ) Tj ET Q q 0 0 0 rg BT 183.10 621.80 Td (the ) Tj ET Q q 0 0 0 rg BT 195.92 621.80 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 240.75 621.80 Td (Reorganization, ) Tj ET Q q 0 0 0 rg BT 298.48 621.80 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 320.19 621.80 Td (Services ) Tj ET Q q 0 0 0 rg BT 352.56 621.80 Td (will ) Tj ET Q q 0 0 0 rg BT 365.37 621.80 Td (be ) Tj ET Q q 0 0 0 rg BT 375.96 621.80 Td (treated ) Tj ET Q q 0 0 0 rg BT 402.56 621.80 Td (as ) Tj ET Q q 0 0 0 rg BT 412.71 621.80 Td (the ) Tj ET Q q 0 0 0 rg BT 425.52 621.80 Td (predecessor ) Tj ET Q q 0 0 0 rg BT 471.24 621.80 Td (entity ) Tj ET Q q 0 0 0 rg BT 492.06 621.80 Td (of ) Tj ET Q q 0 0 0 rg BT 500.42 621.80 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 522.13 621.80 Td (for ) Tj ET Q q 0 0 0 rg BT 533.16 621.80 Td (financial ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 612.20 Td (reporting ) Tj ET Q q 0 0 0 rg BT 101.64 612.20 Td (purposes. ) Tj ET Q q 0 0 0 rg BT 139.17 612.20 Td (Therefore, ) Tj ET Q q 0 0 0 rg BT 178.65 612.20 Td (pro ) Tj ET Q q 0 0 0 rg BT 192.78 612.20 Td (forma ) Tj ET Q q 0 0 0 rg BT 215.79 612.20 Td (financial ) Tj ET Q q 0 0 0 rg BT 247.71 612.20 Td (and ) Tj ET Q q 0 0 0 rg BT 263.63 612.20 Td (operating ) Tj ET Q q 0 0 0 rg BT 299.55 612.20 Td (information ) Tj ET Q q 0 0 0 rg BT 341.69 612.20 Td (as ) Tj ET Q q 0 0 0 rg BT 352.71 612.20 Td (of ) Tj ET Q q 0 0 0 rg BT 361.95 612.20 Td (and ) Tj ET Q q 0 0 0 rg BT 377.86 612.20 Td (for ) Tj ET Q q 0 0 0 rg BT 389.77 612.20 Td (the) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 400.89 612.20 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 403.45 612.20 Td (three ) Tj ET Q q 0 0 0 rg BT 424.25 612.20 Td (months ) Tj ET Q q 0 0 0 rg BT 453.06 612.20 Td (and ) Tj ET Q q 0 0 0 rg BT 468.97 612.20 Td (year ) Tj ET Q q 0 0 0 rg BT 487.10 612.20 Td (ended ) Tj ET Q q 0 0 0 rg BT 511.91 612.20 Td (December ) Tj ET Q q 0 0 0 rg BT 551.38 612.20 Td (31) Tj ET Q BT /F2 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.9333333333333333 0.15294117647058825 0.1411764705882353 rg BT 560.28 612.20 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 67.50 602.60 Td (2014 ) Tj ET Q q 0 0 0 rg BT 87.06 602.60 Td (has ) Tj ET Q q 0 0 0 rg BT 101.72 602.60 Td (been ) Tj ET Q q 0 0 0 rg BT 121.27 602.60 Td (provided ) Tj ET Q q 0 0 0 rg BT 153.72 602.60 Td (giving ) Tj ET Q q 0 0 0 rg BT 176.38 602.60 Td (ef) Tj ET Q q 0 0 0 rg BT 182.91 602.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 197.57 602.60 Td (to ) Tj ET Q q 0 0 0 rg BT 206.00 602.60 Td (the ) Tj ET Q q 0 0 0 rg BT 218.88 602.60 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 263.78 602.60 Td (Reorganization ) Tj ET Q q 0 0 0 rg BT 319.35 602.60 Td (and ) Tj ET Q q 0 0 0 rg BT 334.46 602.60 Td (the ) Tj ET Q q 0 0 0 rg BT 347.34 602.60 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 368.76 602.60 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 409.21 602.60 Td (as ) Tj ET Q q 0 0 0 rg BT 419.42 602.60 Td (if ) Tj ET Q q 0 0 0 rg BT 425.18 602.60 Td (they ) Tj ET Q q 0 0 0 rg BT 442.06 602.60 Td (had ) Tj ET Q q 0 0 0 rg BT 457.17 602.60 Td (been ) Tj ET Q q 0 0 0 rg BT 476.72 602.60 Td (completed ) Tj ET Q q 0 0 0 rg BT 515.39 602.60 Td (as ) Tj ET Q q 0 0 0 rg BT 525.60 602.60 Td (of ) Tj ET Q q 0 0 0 rg BT 534.04 602.60 Td (January ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 593.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 75.68 593.00 Td (2014. ) Tj ET Q q 0 0 0 rg BT 97.10 593.00 Td (These ) Tj ET Q q 0 0 0 rg BT 120.84 593.00 Td (pro ) Tj ET Q q 0 0 0 rg BT 133.91 593.00 Td (forma ) Tj ET Q q 0 0 0 rg BT 155.86 593.00 Td (amounts, ) Tj ET Q q 0 0 0 rg BT 190.27 593.00 Td (which ) Tj ET Q q 0 0 0 rg BT 212.23 593.00 Td (include ) Tj ET Q q 0 0 0 rg BT 239.09 593.00 Td (the ) Tj ET Q q 0 0 0 rg BT 251.71 593.00 Td (impacts ) Tj ET Q q 0 0 0 rg BT 280.78 593.00 Td (of ) Tj ET Q q 0 0 0 rg BT 288.95 593.00 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 328.26 593.00 Td (accounting ) Tj ET Q q 0 0 0 rg BT 368.46 593.00 Td (on ) Tj ET Q q 0 0 0 rg BT 378.86 593.00 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 400.38 593.00 Td (Holding) Tj ET Q q 0 0 0 rg BT 429.14 593.00 Td (s ) Tj ET Q q 0 0 0 rg BT 434.64 593.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 469.51 593.00 Td (results, ) Tj ET Q q 0 0 0 rg BT 496.80 593.00 Td (are ) Tj ET Q q 0 0 0 rg BT 509.86 593.00 Td (not ) Tj ET Q q 0 0 0 rg BT 522.49 593.00 Td (necessarily ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 583.40 Td (indicative ) Tj ET Q q 0 0 0 rg BT 102.81 583.40 Td (of ) Tj ET Q q 0 0 0 rg BT 111.43 583.40 Td (the ) Tj ET Q q 0 0 0 rg BT 124.51 583.40 Td (operating ) Tj ET Q q 0 0 0 rg BT 159.82 583.40 Td (results ) Tj ET Q q 0 0 0 rg BT 185.34 583.40 Td (that ) Tj ET Q q 0 0 0 rg BT 200.64 583.40 Td (would ) Tj ET Q q 0 0 0 rg BT 223.49 583.40 Td (have ) Tj ET Q q 0 0 0 rg BT 242.80 583.40 Td (occurred ) Tj ET Q q 0 0 0 rg BT 275.88 583.40 Td (if ) Tj ET Q q 0 0 0 rg BT 281.83 583.40 Td (the ) Tj ET Q q 0 0 0 rg BT 294.91 583.40 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 340.00 583.40 Td (Reorganization ) Tj ET Q q 0 0 0 rg BT 395.77 583.40 Td (and ) Tj ET Q q 0 0 0 rg BT 411.07 583.40 Td (the ) Tj ET Q q 0 0 0 rg BT 424.14 583.40 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 445.72 583.40 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 486.36 583.40 Td (had ) Tj ET Q q 0 0 0 rg BT 501.67 583.40 Td (occurred ) Tj ET Q q 0 0 0 rg BT 534.75 583.40 Td (on ) Tj ET Q q 0 0 0 rg BT 545.60 583.40 Td (such ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 573.80 Td (date. ) Tj ET Q q 0 0 0 rg BT 87.73 573.80 Td (The ) Tj ET Q q 0 0 0 rg BT 104.11 573.80 Td (pro ) Tj ET Q q 0 0 0 rg BT 118.28 573.80 Td (forma ) Tj ET Q q 0 0 0 rg BT 141.33 573.80 Td (amounts ) Tj ET Q q 0 0 0 rg BT 174.62 573.80 Td (for ) Tj ET Q q 0 0 0 rg BT 186.56 573.80 Td (the ) Tj ET Q q 0 0 0 rg BT 200.28 573.80 Td (three ) Tj ET Q q 0 0 0 rg BT 221.12 573.80 Td (months ) Tj ET Q q 0 0 0 rg BT 249.95 573.80 Td (and ) Tj ET Q q 0 0 0 rg BT 265.90 573.80 Td (year ) Tj ET Q q 0 0 0 rg BT 284.07 573.80 Td (ended ) Tj ET Q q 0 0 0 rg BT 308.92 573.80 Td (December ) Tj ET Q q 0 0 0 rg BT 348.42 573.80 Td (31, ) Tj ET Q q 0 0 0 rg BT 362.15 573.80 Td (2014 ) Tj ET Q q 0 0 0 rg BT 382.54 573.80 Td (do ) Tj ET Q q 0 0 0 rg BT 394.05 573.80 Td (not ) Tj ET Q q 0 0 0 rg BT 407.77 573.80 Td (adjust ) Tj ET Q q 0 0 0 rg BT 431.72 573.80 Td (for ) Tj ET Q q 0 0 0 rg BT 443.66 573.80 Td (the ) Tj ET Q q 0 0 0 rg BT 457.38 573.80 Td (impact ) Tj ET Q q 0 0 0 rg BT 483.55 573.80 Td (of ) Tj ET Q q 0 0 0 rg BT 492.82 573.80 Td (the ) Tj ET Q q 0 0 0 rg BT 506.54 573.80 Td (partner ) Tj ET Q q 0 0 0 rg BT 534.49 573.80 Td (network ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 564.20 Td (agreement ) Tj ET Q q 0 0 0 rg BT 107.30 564.20 Td (that ) Tj ET Q q 0 0 0 rg BT 122.21 564.20 Td (was ) Tj ET Q q 0 0 0 rg BT 137.99 564.20 Td (terminated ) Tj ET Q q 0 0 0 rg BT 177.34 564.20 Td (shortly ) Tj ET Q q 0 0 0 rg BT 202.46 564.20 Td (after ) Tj ET Q q 0 0 0 rg BT 220.03 564.20 Td (the ) Tj ET Q q 0 0 0 rg BT 232.71 564.20 Td (Ziggo ) Tj ET Q q 0 0 0 rg BT 253.97 564.20 Td (Acquisition. ) Tj ET Q q 0 0 0 rg BT 296.33 564.20 Td (The ) Tj ET Q q 0 0 0 rg BT 311.68 564.20 Td (pro ) Tj ET Q q 0 0 0 rg BT 324.80 564.20 Td (forma ) Tj ET Q q 0 0 0 rg BT 346.80 564.20 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 391.49 564.20 Td (are ) Tj ET Q q 0 0 0 rg BT 404.61 564.20 Td (based ) Tj ET Q q 0 0 0 rg BT 427.97 564.20 Td (on ) Tj ET Q q 0 0 0 rg BT 438.42 564.20 Td (certain ) Tj ET Q q 0 0 0 rg BT 463.99 564.20 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 510.46 564.20 Td (that ) Tj ET Q q 0 0 0 rg BT 525.36 564.20 Td (we ) Tj ET Q q 0 0 0 rg BT 537.15 564.20 Td (believe ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 554.60 Td (are ) Tj ET Q q 0 0 0 rg BT 81.29 554.60 Td (reasonable.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 542.82 Td (32) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 539.00 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 539.00 Td (DTH ) Tj ET Q q 0 0 0 rg BT 86.19 539.00 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 126.68 539.00 Td (is ) Tj ET Q q 0 0 0 rg BT 134.71 539.00 Td (a ) Tj ET Q q 0 0 0 rg BT 141.41 539.00 Td (home, ) Tj ET Q q 0 0 0 rg BT 165.90 539.00 Td (residential ) Tj ET Q q 0 0 0 rg BT 204.61 539.00 Td (multiple ) Tj ET Q q 0 0 0 rg BT 234.43 539.00 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 265.59 539.00 Td (unit ) Tj ET Q q 0 0 0 rg BT 280.74 539.00 Td (or ) Tj ET Q q 0 0 0 rg BT 290.10 539.00 Td (commercial ) Tj ET Q q 0 0 0 rg BT 333.25 539.00 Td (unit ) Tj ET Q q 0 0 0 rg BT 348.39 539.00 Td (that ) Tj ET Q q 0 0 0 rg BT 363.99 539.00 Td (receives ) Tj ET Q q 0 0 0 rg BT 396.03 539.00 Td (our ) Tj ET Q q 0 0 0 rg BT 409.84 539.00 Td (video ) Tj ET Q q 0 0 0 rg BT 431.22 539.00 Td (programming ) Tj ET Q q 0 0 0 rg BT 480.60 539.00 Td (broadcast ) Tj ET Q q 0 0 0 rg BT 517.98 539.00 Td (directly ) Tj ET Q q 0 0 0 rg BT 545.57 539.00 Td (via ) Tj ET Q q 0 0 0 rg BT 558.05 539.00 Td (a ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 529.40 Td (geosynchronous ) Tj ET Q q 0 0 0 rg BT 128.43 529.40 Td (satellite.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 517.62 Td (33) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 513.80 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 513.80 Td (Represents ) Tj ET Q q 0 0 0 rg BT 110.55 513.80 Td (non-cash ) Tj ET Q q 0 0 0 rg BT 145.61 513.80 Td (contributions ) Tj ET Q q 0 0 0 rg BT 193.11 513.80 Td (of ) Tj ET Q q 0 0 0 rg BT 201.93 513.80 Td (property ) Tj ET Q q 0 0 0 rg BT 233.42 513.80 Td (and ) Tj ET Q q 0 0 0 rg BT 248.91 513.80 Td (equipment ) Tj ET Q q 0 0 0 rg BT 288.41 513.80 Td (that ) Tj ET Q q 0 0 0 rg BT 303.90 513.80 Td (we ) Tj ET Q q 0 0 0 rg BT 316.27 513.80 Td (received ) Tj ET Q q 0 0 0 rg BT 348.65 513.80 Td (from ) Tj ET Q q 0 0 0 rg BT 366.79 513.80 Td (our ) Tj ET Q q 0 0 0 rg BT 380.50 513.80 Td (parent ) Tj ET Q q 0 0 0 rg BT 405.33 513.80 Td (company) Tj ET Q q 0 0 0 rg BT 437.19 513.80 Td (. ) Tj ET Q q 0 0 0 rg BT 441.42 513.80 Td (These ) Tj ET Q q 0 0 0 rg BT 465.80 513.80 Td (amounts ) Tj ET Q q 0 0 0 rg BT 498.63 513.80 Td (are ) Tj ET Q q 0 0 0 rg BT 512.33 513.80 Td (excluded ) Tj ET Q q 0 0 0 rg BT 546.50 513.80 Td (from ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 504.20 Td (the ) Tj ET Q q 0 0 0 rg BT 80.84 504.20 Td (capital ) Tj ET Q q 0 0 0 rg BT 106.19 504.20 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 154.22 504.20 Td (that ) Tj ET Q q 0 0 0 rg BT 169.79 504.20 Td (we ) Tj ET Q q 0 0 0 rg BT 182.24 504.20 Td (report ) Tj ET Q q 0 0 0 rg BT 205.36 504.20 Td (in ) Tj ET Q q 0 0 0 rg BT 213.81 504.20 Td (our ) Tj ET Q q 0 0 0 rg BT 227.59 504.20 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 274.74 504.20 Td (statements ) Tj ET Q q 0 0 0 rg BT 316.09 504.20 Td (of ) Tj ET Q q 0 0 0 rg BT 324.98 504.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 344.11 504.20 Td (flows.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 492.42 Td (34 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 488.60 Td (UPC ) Tj ET Q q 0 0 0 rg BT 86.28 488.60 Td (Holding's ) Tj ET Q q 0 0 0 rg BT 120.82 488.60 Td (property ) Tj ET Q q 0 0 0 rg BT 152.06 488.60 Td (and ) Tj ET Q q 0 0 0 rg BT 167.29 488.60 Td (equipment ) Tj ET Q q 0 0 0 rg BT 206.54 488.60 Td (additions ) Tj ET Q q 0 0 0 rg BT 240.45 488.60 Td (include ) Tj ET Q q 0 0 0 rg BT 267.69 488.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 300.26 488.60 Td (that ) Tj ET Q q 0 0 0 rg BT 315.49 488.60 Td (represent ) Tj ET Q q 0 0 0 rg BT 351.17 488.60 Td (the ) Tj ET Q q 0 0 0 rg BT 364.18 488.60 Td (net ) Tj ET Q q 0 0 0 rg BT 377.19 488.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 402.64 488.60 Td (of ) Tj ET Q q 0 0 0 rg BT 411.20 488.60 Td (changes ) Tj ET Q q 0 0 0 rg BT 443.33 488.60 Td (in ) Tj ET Q q 0 0 0 rg BT 451.45 488.60 Td (inventory ) Tj ET Q q 0 0 0 rg BT 485.79 488.60 Td (levels ) Tj ET Q q 0 0 0 rg BT 508.13 488.60 Td (associated ) Tj ET Q q 0 0 0 rg BT 548.27 488.60 Td (with ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 479.00 Td (centrally-procured ) Tj ET Q q 0 0 0 rg BT 135.08 479.00 Td (customer ) Tj ET Q q 0 0 0 rg BT 171.52 479.00 Td (premises ) Tj ET Q q 0 0 0 rg BT 207.52 479.00 Td (equipment. ) Tj ET Q q 0 0 0 rg BT 250.42 479.00 Td (This ) Tj ET Q q 0 0 0 rg BT 269.08 479.00 Td (equipment ) Tj ET Q q 0 0 0 rg BT 309.99 479.00 Td (is ) Tj ET Q q 0 0 0 rg BT 319.32 479.00 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 356.65 479.00 Td (transferred ) Tj ET Q q 0 0 0 rg BT 398.88 479.00 Td (to ) Tj ET Q q 0 0 0 rg BT 409.10 479.00 Td (certain ) Tj ET Q q 0 0 0 rg BT 436.66 479.00 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 464.22 479.00 Td (Global ) Tj ET Q q 0 0 0 rg BT 490.90 479.00 Td (European ) Tj ET Q q 0 0 0 rg BT 529.14 479.00 Td (operating ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 469.40 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 114.40 469.40 Td (including ) Tj ET Q q 0 0 0 rg BT 148.42 469.40 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 193.10 469.40 Td (within ) Tj ET Q q 0 0 0 rg BT 216.00 469.40 Td (UPC ) Tj ET Q q 0 0 0 rg BT 235.33 469.40 Td (Holding. ) Tj ET Q q 0 0 0 rg BT 266.96 469.40 Td (These ) Tj ET Q q 0 0 0 rg BT 291.64 469.40 Td (amounts, ) Tj ET Q q 0 0 0 rg BT 326.98 469.40 Td (which ) Tj ET Q q 0 0 0 rg BT 349.88 469.40 Td (are ) Tj ET Q q 0 0 0 rg BT 363.88 469.40 Td (included ) Tj ET Q q 0 0 0 rg BT 396.12 469.40 Td (in ) Tj ET Q q 0 0 0 rg BT 404.78 469.40 Td ("Other", ) Tj ET Q q 0 0 0 rg BT 435.13 469.40 Td (are ) Tj ET Q q 0 0 0 rg BT 449.14 469.40 Td (excluded ) Tj ET Q q 0 0 0 rg BT 483.60 469.40 Td (from ) Tj ET Q q 0 0 0 rg BT 502.04 469.40 Td (the ) Tj ET Q q 0 0 0 rg BT 515.60 469.40 Td (calculation ) Tj ET Q q 0 0 0 rg BT 555.84 469.40 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 459.80 Td (segment ) Tj ET Q q 0 0 0 rg BT 100.41 459.80 Td (property ) Tj ET Q q 0 0 0 rg BT 131.98 459.80 Td (and ) Tj ET Q q 0 0 0 rg BT 147.55 459.80 Td (equipment ) Tj ET Q q 0 0 0 rg BT 187.13 459.80 Td (additions ) Tj ET Q q 0 0 0 rg BT 221.38 459.80 Td (as ) Tj ET Q q 0 0 0 rg BT 232.05 459.80 Td (a ) Tj ET Q q 0 0 0 rg BT 238.72 459.80 Td (percentage ) Tj ET Q q 0 0 0 rg BT 280.97 459.80 Td (of ) Tj ET Q q 0 0 0 rg BT 289.87 459.80 Td (revenue.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 448.02 Td (35) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 55.28 444.20 Td ( ) Tj ET Q q 0 0 0 rg BT 67.50 444.20 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 116.58 444.20 Td (Net ) Tj ET Q q 0 0 0 rg BT 131.42 444.20 Td (Leverage ) Tj ET Q q 0 0 0 rg BT 167.16 444.20 Td (Ratio ) Tj ET Q q 0 0 0 rg BT 188.22 444.20 Td (is ) Tj ET Q q 0 0 0 rg BT 196.39 444.20 Td (defined ) Tj ET Q q 0 0 0 rg BT 225.02 444.20 Td (in ) Tj ET Q q 0 0 0 rg BT 233.63 444.20 Td (accordance ) Tj ET Q q 0 0 0 rg BT 277.38 444.20 Td (with ) Tj ET Q q 0 0 0 rg BT 293.99 444.20 Td (VTR's ) Tj ET Q q 0 0 0 rg BT 317.90 444.20 Td (indenture ) Tj ET Q q 0 0 0 rg BT 353.64 444.20 Td (for ) Tj ET Q q 0 0 0 rg BT 365.37 444.20 Td (its ) Tj ET Q q 0 0 0 rg BT 375.75 444.20 Td (senior ) Tj ET Q q 0 0 0 rg BT 399.92 444.20 Td (secured ) Tj ET Q q 0 0 0 rg BT 430.77 444.20 Td (notes, ) Tj ET Q q 0 0 0 rg BT 454.95 444.20 Td (taking ) Tj ET Q q 0 0 0 rg BT 478.68 444.20 Td (into ) Tj ET Q q 0 0 0 rg BT 493.97 444.20 Td (account ) Tj ET Q q 0 0 0 rg BT 524.37 444.20 Td (the ) Tj ET Q q 0 0 0 rg BT 537.88 444.20 Td (ratio ) Tj ET Q q 0 0 0 rg BT 555.82 444.20 Td (of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 434.60 Td (its ) Tj ET Q q 0 0 0 rg BT 78.02 434.60 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 121.91 434.60 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 172.03 434.60 Td (\(including ) Tj ET Q q 0 0 0 rg BT 208.80 434.60 Td (the ) Tj ET Q q 0 0 0 rg BT 222.44 434.60 Td (impact ) Tj ET Q q 0 0 0 rg BT 248.53 434.60 Td (of ) Tj ET Q q 0 0 0 rg BT 257.72 434.60 Td (its ) Tj ET Q q 0 0 0 rg BT 268.25 434.60 Td (swaps\) ) Tj ET Q q 0 0 0 rg BT 296.11 434.60 Td (less ) Tj ET Q q 0 0 0 rg BT 312.86 434.60 Td (its ) Tj ET Q q 0 0 0 rg BT 323.38 434.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 342.80 434.60 Td (and ) Tj ET Q q 0 0 0 rg BT 358.68 434.60 Td (cash ) Tj ET Q q 0 0 0 rg BT 378.10 434.60 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 421.09 434.60 Td (to ) Tj ET Q q 0 0 0 rg BT 430.29 434.60 Td (its ) Tj ET Q q 0 0 0 rg BT 440.81 434.60 Td (annualized ) Tj ET Q q 0 0 0 rg BT 482.04 434.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 510.49 434.60 Td ( ) Tj ET Q q 0 0 0 rg BT 513.01 434.60 Td (from ) Tj ET Q q 0 0 0 rg BT 531.54 434.60 Td (the ) Tj ET Q q 0 0 0 rg BT 545.18 434.60 Td (most ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 425.00 Td (recent ) Tj ET Q q 0 0 0 rg BT 91.96 425.00 Td (two ) Tj ET Q q 0 0 0 rg BT 106.63 425.00 Td (consecutive ) Tj ET Q q 0 0 0 rg BT 151.10 425.00 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 171.55 425.00 Td (quarters.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 49.50 413.22 Td (36 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 409.40 Td (Pursuant ) Tj ET Q q 0 0 0 rg BT 102.22 409.40 Td (to ) Tj ET Q q 0 0 0 rg BT 111.60 409.40 Td (service ) Tj ET Q q 0 0 0 rg BT 139.64 409.40 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 186.81 409.40 Td (Switzerland ) Tj ET Q q 0 0 0 rg BT 230.86 409.40 Td (and, ) Tj ET Q q 0 0 0 rg BT 249.13 409.40 Td (to ) Tj ET Q q 0 0 0 rg BT 258.51 409.40 Td (a ) Tj ET Q q 0 0 0 rg BT 265.66 409.40 Td (much ) Tj ET Q q 0 0 0 rg BT 287.92 409.40 Td (lesser ) Tj ET Q q 0 0 0 rg BT 311.97 409.40 Td (extent, ) Tj ET Q q 0 0 0 rg BT 338.68 409.40 Td (the ) Tj ET Q q 0 0 0 rg BT 352.51 409.40 Td (Netherlands ) Tj ET Q q 0 0 0 rg BT 398.35 409.40 Td (of) Tj ET Q q 0 0 0 rg BT 404.87 409.40 Td (fer ) Tj ET Q q 0 0 0 rg BT 416.91 409.40 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 454.76 409.40 Td (video, ) Tj ET Q q 0 0 0 rg BT 478.81 409.40 Td (broadband ) Tj ET Q q 0 0 0 rg BT 519.77 409.40 Td (internet ) Tj ET Q q 0 0 0 rg BT 549.15 409.40 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 399.80 Td (telephony ) Tj ET Q q 0 0 0 rg BT 104.02 399.80 Td (services ) Tj ET Q q 0 0 0 rg BT 135.19 399.80 Td (over ) Tj ET Q q 0 0 0 rg BT 152.58 399.80 Td (networks ) Tj ET Q q 0 0 0 rg BT 186.42 399.80 Td (owned ) Tj ET Q q 0 0 0 rg BT 211.82 399.80 Td (by ) Tj ET Q q 0 0 0 rg BT 222.09 399.80 Td (third-party ) Tj ET Q q 0 0 0 rg BT 259.93 399.80 Td (cable ) Tj ET Q q 0 0 0 rg BT 280.88 399.80 Td (operators ) Tj ET Q q 0 0 0 rg BT 316.51 399.80 Td (\(partner ) Tj ET Q q 0 0 0 rg BT 349.01 399.80 Td (networks\). ) Tj ET Q q 0 0 0 rg BT 390.04 399.80 Td (A) Tj ET Q q 0 0 0 rg BT 394.93 399.80 Td ( ) Tj ET Q q 0 0 0 rg BT 396.76 399.80 Td (partner ) Tj ET Q q 0 0 0 rg BT 423.93 399.80 Td (network ) Tj ET Q q 0 0 0 rg BT 453.77 399.80 Td (RGU ) Tj ET Q q 0 0 0 rg BT 473.37 399.80 Td (is ) Tj ET Q q 0 0 0 rg BT 480.98 399.80 Td (only ) Tj ET Q q 0 0 0 rg BT 497.48 399.80 Td (recognized ) Tj ET Q q 0 0 0 rg BT 538.44 399.80 Td (if ) Tj ET Q q 0 0 0 rg BT 544.27 399.80 Td (there ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 390.20 Td (is ) Tj ET Q q 0 0 0 rg BT 76.81 390.20 Td (a ) Tj ET Q q 0 0 0 rg BT 84.80 390.20 Td (direct ) Tj ET Q q 0 0 0 rg BT 107.89 390.20 Td (billing ) Tj ET Q q 0 0 0 rg BT 131.88 390.20 Td (relationship ) Tj ET Q q 0 0 0 rg BT 176.33 390.20 Td (with ) Tj ET Q q 0 0 0 rg BT 194.09 390.20 Td (the ) Tj ET Q q 0 0 0 rg BT 208.75 390.20 Td (customer) Tj ET Q q 0 0 0 rg BT 241.21 390.20 Td (. ) Tj ET Q q 0 0 0 rg BT 246.26 390.20 Td (At ) Tj ET Q q 0 0 0 rg BT 257.36 390.20 Td (December ) Tj ET Q q 0 0 0 rg BT 297.79 390.20 Td (31, ) Tj ET Q q 0 0 0 rg BT 312.45 390.20 Td (2015, ) Tj ET Q q 0 0 0 rg BT 336.00 390.20 Td (Switzerland) Tj ET Q q 0 0 0 rg BT 378.99 390.20 Td (s ) Tj ET Q q 0 0 0 rg BT 386.52 390.20 Td (partner ) Tj ET Q q 0 0 0 rg BT 415.40 390.20 Td (networks ) Tj ET Q q 0 0 0 rg BT 450.95 390.20 Td (account ) Tj ET Q q 0 0 0 rg BT 482.50 390.20 Td (for ) Tj ET Q q 0 0 0 rg BT 495.38 390.20 Td (139,500 ) Tj ET Q q 0 0 0 rg BT 527.83 390.20 Td (Customer ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 67.50 380.60 Td (Relationships, ) Tj ET Q q 0 0 0 rg BT 119.97 380.60 Td (284,400 ) Tj ET Q q 0 0 0 rg BT 151.11 380.60 Td (RGUs, ) Tj ET Q q 0 0 0 rg BT 177.34 380.60 Td (104,400 ) Tj ET Q q 0 0 0 rg BT 208.48 380.60 Td (Enhanced ) Tj ET Q q 0 0 0 rg BT 246.73 380.60 Td (V) Tj ET Q q 0 0 0 rg BT 251.92 380.60 Td (ideo ) Tj ET Q q 0 0 0 rg BT 269.27 380.60 Td (Subscribers, ) Tj ET Q q 0 0 0 rg BT 315.95 380.60 Td (106,600 ) Tj ET Q q 0 0 0 rg BT 347.09 380.60 Td (Internet ) Tj ET Q q 0 0 0 rg BT 376.45 380.60 Td (Subscribers, ) Tj ET Q q 0 0 0 rg BT 423.13 380.60 Td (and ) Tj ET Q q 0 0 0 rg BT 438.70 380.60 Td (73,400 ) Tj ET Q q 0 0 0 rg BT 465.25 380.60 Td (T) Tj ET Q q 0 0 0 rg BT 469.25 380.60 Td (elephony ) Tj ET Q q 0 0 0 rg BT 503.94 380.60 Td (Subscribers. ) Tj ET Q 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 49.5 348.259375 m 140.6640625 348.259375 l s q 0 0 0 rg BT 49.50 349.40 Td (Additional General Notes:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 329.20 Td (Organic ) Tj ET Q q 0 0 0 rg BT 79.32 329.20 Td (figures ) Tj ET Q q 0 0 0 rg BT 105.14 329.20 Td (exclude ) Tj ET Q q 0 0 0 rg BT 134.52 329.20 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 158.11 329.20 Td (of ) Tj ET Q q 0 0 0 rg BT 166.59 329.20 Td (acquired ) Tj ET Q q 0 0 0 rg BT 199.08 329.20 Td (entities ) Tj ET Q q 0 0 0 rg BT 226.24 329.20 Td (at ) Tj ET Q q 0 0 0 rg BT 234.72 329.20 Td (the ) Tj ET Q q 0 0 0 rg BT 247.65 329.20 Td (date ) Tj ET Q q 0 0 0 rg BT 265.03 329.20 Td (of ) Tj ET Q q 0 0 0 rg BT 273.51 329.20 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 315.34 329.20 Td (but ) Tj ET Q q 0 0 0 rg BT 328.27 329.20 Td (include ) Tj ET Q q 0 0 0 rg BT 355.43 329.20 Td (the ) Tj ET Q q 0 0 0 rg BT 368.36 329.20 Td (impact ) Tj ET Q q 0 0 0 rg BT 393.73 329.20 Td (of ) Tj ET Q q 0 0 0 rg BT 402.21 329.20 Td (changes ) Tj ET Q q 0 0 0 rg BT 434.26 329.20 Td (in ) Tj ET Q q 0 0 0 rg BT 442.30 329.20 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 465.88 329.20 Td (from ) Tj ET Q q 0 0 0 rg BT 483.69 329.20 Td (the ) Tj ET Q q 0 0 0 rg BT 496.62 329.20 Td (date ) Tj ET Q q 0 0 0 rg BT 514.00 329.20 Td (of ) Tj ET Q q 0 0 0 rg BT 522.48 329.20 Td (acquisition. ) Tj ET Q q 0 0 0 rg BT 564.72 329.20 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 319.60 Td (All ) Tj ET Q q 0 0 0 rg BT 60.61 319.60 Td (subscriber/RGU ) Tj ET Q q 0 0 0 rg BT 119.74 319.60 Td (additions ) Tj ET Q q 0 0 0 rg BT 153.98 319.60 Td (or ) Tj ET Q q 0 0 0 rg BT 163.32 319.60 Td (losses ) Tj ET Q q 0 0 0 rg BT 188.22 319.60 Td (refer ) Tj ET Q q 0 0 0 rg BT 206.89 319.60 Td (to ) Tj ET Q q 0 0 0 rg BT 215.79 319.60 Td (net ) Tj ET Q q 0 0 0 rg BT 229.13 319.60 Td (organic ) Tj ET Q q 0 0 0 rg BT 257.59 319.60 Td (changes, ) Tj ET Q q 0 0 0 rg BT 292.28 319.60 Td (unless ) Tj ET Q q 0 0 0 rg BT 317.63 319.60 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 354.09 319.60 Td (noted.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 300.40 Td (Most ) Tj ET Q q 0 0 0 rg BT 69.01 300.40 Td (of ) Tj ET Q q 0 0 0 rg BT 77.86 300.40 Td (our ) Tj ET Q q 0 0 0 rg BT 91.59 300.40 Td (broadband ) Tj ET Q q 0 0 0 rg BT 132.03 300.40 Td (communications ) Tj ET Q q 0 0 0 rg BT 192.00 300.40 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 236.42 300.40 Td (provide ) Tj ET Q q 0 0 0 rg BT 264.83 300.40 Td (telephony) Tj ET Q q 0 0 0 rg BT 298.93 300.40 Td (, ) Tj ET Q q 0 0 0 rg BT 303.33 300.40 Td (broadband ) Tj ET Q q 0 0 0 rg BT 343.76 300.40 Td (internet, ) Tj ET Q q 0 0 0 rg BT 374.85 300.40 Td (data, ) Tj ET Q q 0 0 0 rg BT 394.81 300.40 Td (video ) Tj ET Q q 0 0 0 rg BT 416.11 300.40 Td (or ) Tj ET Q q 0 0 0 rg BT 425.40 300.40 Td (other ) Tj ET Q q 0 0 0 rg BT 445.81 300.40 Td (B2B ) Tj ET Q q 0 0 0 rg BT 463.11 300.40 Td (services. ) Tj ET Q q 0 0 0 rg BT 496.84 300.40 Td (Certain ) Tj ET Q q 0 0 0 rg BT 524.81 300.40 Td (of ) Tj ET Q q 0 0 0 rg BT 533.65 300.40 Td (our ) Tj ET Q q 0 0 0 rg BT 547.39 300.40 Td (B2B ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 290.80 Td (revenue ) Tj ET Q q 0 0 0 rg BT 80.61 290.80 Td (is ) Tj ET Q q 0 0 0 rg BT 88.60 290.80 Td (derived ) Tj ET Q q 0 0 0 rg BT 117.04 290.80 Td (from ) Tj ET Q q 0 0 0 rg BT 135.24 290.80 Td (small ) Tj ET Q q 0 0 0 rg BT 156.11 290.80 Td (or ) Tj ET Q q 0 0 0 rg BT 165.43 290.80 Td (home ) Tj ET Q q 0 0 0 rg BT 187.65 290.80 Td (of) Tj ET Q q 0 0 0 rg BT 194.17 290.80 Td (fice ) Tj ET Q q 0 0 0 rg BT 208.83 290.80 Td (\(SOHO\) ) Tj ET Q q 0 0 0 rg BT 245.25 290.80 Td (subscribers ) Tj ET Q q 0 0 0 rg BT 288.35 290.80 Td (that ) Tj ET Q q 0 0 0 rg BT 303.90 290.80 Td (pay ) Tj ET Q q 0 0 0 rg BT 319.00 290.80 Td (a ) Tj ET Q q 0 0 0 rg BT 325.66 290.80 Td (premium ) Tj ET Q q 0 0 0 rg BT 358.98 290.80 Td (price ) Tj ET Q q 0 0 0 rg BT 378.52 290.80 Td (to ) Tj ET Q q 0 0 0 rg BT 387.40 290.80 Td (receive ) Tj ET Q q 0 0 0 rg BT 415.39 290.80 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 452.74 290.80 Td (service ) Tj ET Q q 0 0 0 rg BT 480.28 290.80 Td (levels ) Tj ET Q q 0 0 0 rg BT 502.94 290.80 Td (along ) Tj ET Q q 0 0 0 rg BT 524.72 290.80 Td (with ) Tj ET Q q 0 0 0 rg BT 541.15 290.80 Td (video, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 281.20 Td (internet ) Tj ET Q q 0 0 0 rg BT 78.22 281.20 Td (or ) Tj ET Q q 0 0 0 rg BT 87.38 281.20 Td (telephony ) Tj ET Q q 0 0 0 rg BT 124.11 281.20 Td (services ) Tj ET Q q 0 0 0 rg BT 155.49 281.20 Td (that ) Tj ET Q q 0 0 0 rg BT 170.88 281.20 Td (are ) Tj ET Q q 0 0 0 rg BT 184.48 281.20 Td (the ) Tj ET Q q 0 0 0 rg BT 197.64 281.20 Td (same ) Tj ET Q q 0 0 0 rg BT 219.25 281.20 Td (or ) Tj ET Q q 0 0 0 rg BT 228.40 281.20 Td (similar ) Tj ET Q q 0 0 0 rg BT 253.55 281.20 Td (to ) Tj ET Q q 0 0 0 rg BT 262.26 281.20 Td (the ) Tj ET Q q 0 0 0 rg BT 275.42 281.20 Td (mass ) Tj ET Q q 0 0 0 rg BT 296.58 281.20 Td (marketed ) Tj ET Q q 0 0 0 rg BT 331.97 281.20 Td (products ) Tj ET Q q 0 0 0 rg BT 364.69 281.20 Td (of) Tj ET Q q 0 0 0 rg BT 371.22 281.20 Td (fered ) Tj ET Q q 0 0 0 rg BT 391.49 281.20 Td (to ) Tj ET Q q 0 0 0 rg BT 400.20 281.20 Td (our ) Tj ET Q q 0 0 0 rg BT 413.81 281.20 Td (residential ) Tj ET Q q 0 0 0 rg BT 452.31 281.20 Td (subscribers. ) Tj ET Q q 0 0 0 rg BT 497.07 281.20 Td (All ) Tj ET Q q 0 0 0 rg BT 508.00 281.20 Td (mass ) Tj ET Q q 0 0 0 rg BT 529.16 281.20 Td (marketed ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 271.60 Td (products ) Tj ET Q q 0 0 0 rg BT 82.24 271.60 Td (provided ) Tj ET Q q 0 0 0 rg BT 114.99 271.60 Td (to ) Tj ET Q q 0 0 0 rg BT 123.72 271.60 Td (SOHOs, ) Tj ET Q q 0 0 0 rg BT 155.56 271.60 Td (whether ) Tj ET Q q 0 0 0 rg BT 186.09 271.60 Td (or ) Tj ET Q q 0 0 0 rg BT 195.26 271.60 Td (not ) Tj ET Q q 0 0 0 rg BT 208.44 271.60 Td (accompanied ) Tj ET Q q 0 0 0 rg BT 258.09 271.60 Td (by ) Tj ET Q q 0 0 0 rg BT 268.60 271.60 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 305.80 271.60 Td (service ) Tj ET Q q 0 0 0 rg BT 333.20 271.60 Td (levels ) Tj ET Q q 0 0 0 rg BT 355.71 271.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 380.46 271.60 Td (premium ) Tj ET Q q 0 0 0 rg BT 413.63 271.60 Td (prices, ) Tj ET Q q 0 0 0 rg BT 439.26 271.60 Td (are ) Tj ET Q q 0 0 0 rg BT 452.88 271.60 Td (included ) Tj ET Q q 0 0 0 rg BT 484.74 271.60 Td (in ) Tj ET Q q 0 0 0 rg BT 493.03 271.60 Td (the ) Tj ET Q q 0 0 0 rg BT 506.21 271.60 Td (respective ) Tj ET Q q 0 0 0 rg BT 544.73 271.60 Td (RGU ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 262.00 Td (and ) Tj ET Q q 0 0 0 rg BT 64.99 262.00 Td (customer ) Tj ET Q q 0 0 0 rg BT 100.04 262.00 Td (counts ) Tj ET Q q 0 0 0 rg BT 125.75 262.00 Td (of ) Tj ET Q q 0 0 0 rg BT 134.57 262.00 Td (our ) Tj ET Q q 0 0 0 rg BT 148.27 262.00 Td (broadband ) Tj ET Q q 0 0 0 rg BT 188.68 262.00 Td (communications ) Tj ET Q q 0 0 0 rg BT 248.62 262.00 Td (operations, ) Tj ET Q q 0 0 0 rg BT 290.35 262.00 Td (with ) Tj ET Q q 0 0 0 rg BT 306.72 262.00 Td (only ) Tj ET Q q 0 0 0 rg BT 323.54 262.00 Td (those ) Tj ET Q q 0 0 0 rg BT 345.25 262.00 Td (services ) Tj ET Q q 0 0 0 rg BT 376.74 262.00 Td (provided ) Tj ET Q q 0 0 0 rg BT 409.57 262.00 Td (at ) Tj ET Q q 0 0 0 rg BT 418.39 262.00 Td (premium ) Tj ET Q q 0 0 0 rg BT 451.65 262.00 Td (prices ) Tj ET Q q 0 0 0 rg BT 475.13 262.00 Td (considered ) Tj ET Q q 0 0 0 rg BT 516.41 262.00 Td (to ) Tj ET Q q 0 0 0 rg BT 525.23 262.00 Td (be ) Tj ET Q q 0 0 0 rg BT 536.27 262.00 Td (SOHO ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 252.40 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 75.60 252.40 Td (or ) Tj ET Q q 0 0 0 rg BT 84.36 252.40 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 112.24 252.40 Td (customers. ) Tj ET Q q 0 0 0 rg BT 155.68 252.40 Td (With ) Tj ET Q q 0 0 0 rg BT 173.33 252.40 Td (the ) Tj ET Q q 0 0 0 rg BT 186.11 252.40 Td (exception ) Tj ET Q q 0 0 0 rg BT 222.01 252.40 Td (of ) Tj ET Q q 0 0 0 rg BT 230.33 252.40 Td (our ) Tj ET Q q 0 0 0 rg BT 243.55 252.40 Td (B2B ) Tj ET Q q 0 0 0 rg BT 260.32 252.40 Td (SOHO ) Tj ET Q q 0 0 0 rg BT 285.54 252.40 Td (subscribers, ) Tj ET Q q 0 0 0 rg BT 330.31 252.40 Td (we ) Tj ET Q q 0 0 0 rg BT 342.19 252.40 Td (generally ) Tj ET Q q 0 0 0 rg BT 376.31 252.40 Td (do ) Tj ET Q q 0 0 0 rg BT 386.87 252.40 Td (not ) Tj ET Q q 0 0 0 rg BT 399.64 252.40 Td (count ) Tj ET Q q 0 0 0 rg BT 420.86 252.40 Td (customers ) Tj ET Q q 0 0 0 rg BT 459.42 252.40 Td (of ) Tj ET Q q 0 0 0 rg BT 467.74 252.40 Td (B2B ) Tj ET Q q 0 0 0 rg BT 484.52 252.40 Td (services ) Tj ET Q q 0 0 0 rg BT 515.51 252.40 Td (as ) Tj ET Q q 0 0 0 rg BT 525.61 252.40 Td (customers ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 242.80 Td (or ) Tj ET Q q 0 0 0 rg BT 58.84 242.80 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 82.84 242.80 Td (for ) Tj ET Q q 0 0 0 rg BT 94.39 242.80 Td (external ) Tj ET Q q 0 0 0 rg BT 125.08 242.80 Td (reporting ) Tj ET Q q 0 0 0 rg BT 158.88 242.80 Td (purposes. ) Tj ET Q q 0 0 0 rg BT 196.23 242.80 Td ( ) Tj ET Q q 0 0 0 rg BT 198.45 242.80 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 223.60 Td (Certain ) Tj ET Q q 0 0 0 rg BT 78.74 223.60 Td (of ) Tj ET Q q 0 0 0 rg BT 88.87 223.60 Td (our ) Tj ET Q q 0 0 0 rg BT 103.89 223.60 Td (residential ) Tj ET Q q 0 0 0 rg BT 143.81 223.60 Td (and ) Tj ET Q q 0 0 0 rg BT 160.61 223.60 Td (commercial ) Tj ET Q q 0 0 0 rg BT 204.96 223.60 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 230.20 223.60 Td (are ) Tj ET Q q 0 0 0 rg BT 245.21 223.60 Td (counted ) Tj ET Q q 0 0 0 rg BT 277.14 223.60 Td (on ) Tj ET Q q 0 0 0 rg BT 289.49 223.60 Td (an ) Tj ET Q q 0 0 0 rg BT 301.85 223.60 Td (EBU ) Tj ET Q q 0 0 0 rg BT 321.75 223.60 Td (basis, ) Tj ET Q q 0 0 0 rg BT 346.11 223.60 Td (including ) Tj ET Q q 0 0 0 rg BT 381.14 223.60 Td (residential ) Tj ET Q q 0 0 0 rg BT 421.06 223.60 Td (multiple ) Tj ET Q q 0 0 0 rg BT 452.08 223.60 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 484.44 223.60 Td (units ) Tj ET Q q 0 0 0 rg BT 504.80 223.60 Td (and ) Tj ET Q q 0 0 0 rg BT 521.60 223.60 Td (commercial ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 214.00 Td (establishments, ) Tj ET Q q 0 0 0 rg BT 108.08 214.00 Td (such ) Tj ET Q q 0 0 0 rg BT 127.97 214.00 Td (as ) Tj ET Q q 0 0 0 rg BT 139.41 214.00 Td (bars, ) Tj ET Q q 0 0 0 rg BT 160.19 214.00 Td (hotels, ) Tj ET Q q 0 0 0 rg BT 186.75 214.00 Td (and ) Tj ET Q q 0 0 0 rg BT 203.09 214.00 Td (hospitals ) Tj ET Q q 0 0 0 rg BT 237.66 214.00 Td (in ) Tj ET Q q 0 0 0 rg BT 246.88 214.00 Td (Chile ) Tj ET Q q 0 0 0 rg BT 268.10 214.00 Td (and ) Tj ET Q q 0 0 0 rg BT 284.44 214.00 Td (certain ) Tj ET Q q 0 0 0 rg BT 311.45 214.00 Td (commercial ) Tj ET Q q 0 0 0 rg BT 355.34 214.00 Td (and ) Tj ET Q q 0 0 0 rg BT 371.68 214.00 Td (residential ) Tj ET Q q 0 0 0 rg BT 411.13 214.00 Td (multiple ) Tj ET Q q 0 0 0 rg BT 441.69 214.00 Td (dwelling ) Tj ET Q q 0 0 0 rg BT 473.59 214.00 Td (units ) Tj ET Q q 0 0 0 rg BT 493.49 214.00 Td (in ) Tj ET Q q 0 0 0 rg BT 502.71 214.00 Td (Europe ) Tj ET Q q 0 0 0 rg BT 531.50 214.00 Td (\(with ) Tj ET Q q 0 0 0 rg BT 551.38 214.00 Td (the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 204.40 Td (exception ) Tj ET Q q 0 0 0 rg BT 85.91 204.40 Td (of ) Tj ET Q q 0 0 0 rg BT 94.75 204.40 Td (Germany) Tj ET Q q 0 0 0 rg BT 127.05 204.40 Td (, ) Tj ET Q q 0 0 0 rg BT 131.44 204.40 Td (where ) Tj ET Q q 0 0 0 rg BT 155.39 204.40 Td (we ) Tj ET Q q 0 0 0 rg BT 167.79 204.40 Td (do ) Tj ET Q q 0 0 0 rg BT 178.85 204.40 Td (not ) Tj ET Q q 0 0 0 rg BT 192.14 204.40 Td (count ) Tj ET Q q 0 0 0 rg BT 213.87 204.40 Td (any ) Tj ET Q q 0 0 0 rg BT 228.93 204.40 Td (RGUs ) Tj ET Q q 0 0 0 rg BT 252.88 204.40 Td (on ) Tj ET Q q 0 0 0 rg BT 263.94 204.40 Td (an ) Tj ET Q q 0 0 0 rg BT 275.00 204.40 Td (EBU ) Tj ET Q q 0 0 0 rg BT 293.62 204.40 Td (basis\).Our ) Tj ET Q q 0 0 0 rg BT 334.90 204.40 Td (EBUs ) Tj ET Q q 0 0 0 rg BT 357.52 204.40 Td (are ) Tj ET Q q 0 0 0 rg BT 371.25 204.40 Td (generally ) Tj ET Q q 0 0 0 rg BT 405.88 204.40 Td (calculated ) Tj ET Q q 0 0 0 rg BT 444.06 204.40 Td (by ) Tj ET Q q 0 0 0 rg BT 454.68 204.40 Td (dividing ) Tj ET Q q 0 0 0 rg BT 483.97 204.40 Td (the ) Tj ET Q q 0 0 0 rg BT 497.26 204.40 Td (bulk ) Tj ET Q q 0 0 0 rg BT 514.10 204.40 Td (price ) Tj ET Q q 0 0 0 rg BT 533.60 204.40 Td (charged ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 194.80 Td (to ) Tj ET Q q 0 0 0 rg BT 58.50 194.80 Td (accounts ) Tj ET Q q 0 0 0 rg BT 92.85 194.80 Td (in ) Tj ET Q q 0 0 0 rg BT 101.41 194.80 Td (an ) Tj ET Q q 0 0 0 rg BT 112.63 194.80 Td (area ) Tj ET Q q 0 0 0 rg BT 130.97 194.80 Td (by ) Tj ET Q q 0 0 0 rg BT 141.75 194.80 Td (the ) Tj ET Q q 0 0 0 rg BT 155.20 194.80 Td (most ) Tj ET Q q 0 0 0 rg BT 174.87 194.80 Td (prevalent ) Tj ET Q q 0 0 0 rg BT 210.11 194.80 Td (price ) Tj ET Q q 0 0 0 rg BT 229.78 194.80 Td (charged ) Tj ET Q q 0 0 0 rg BT 261.01 194.80 Td (to ) Tj ET Q q 0 0 0 rg BT 270.02 194.80 Td (non-bulk ) Tj ET Q q 0 0 0 rg BT 303.03 194.80 Td (residential ) Tj ET Q q 0 0 0 rg BT 341.83 194.80 Td (customers ) Tj ET Q q 0 0 0 rg BT 381.05 194.80 Td (in ) Tj ET Q q 0 0 0 rg BT 389.61 194.80 Td (that ) Tj ET Q q 0 0 0 rg BT 405.28 194.80 Td (market ) Tj ET Q q 0 0 0 rg BT 432.06 194.80 Td (for ) Tj ET Q q 0 0 0 rg BT 443.73 194.80 Td (the ) Tj ET Q q 0 0 0 rg BT 457.18 194.80 Td (comparable ) Tj ET Q q 0 0 0 rg BT 501.31 194.80 Td (tier ) Tj ET Q q 0 0 0 rg BT 514.75 194.80 Td (of ) Tj ET Q q 0 0 0 rg BT 523.75 194.80 Td (service. ) Tj ET Q q 0 0 0 rg BT 553.18 194.80 Td (As ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 185.20 Td (such, ) Tj ET Q q 0 0 0 rg BT 70.92 185.20 Td (we ) Tj ET Q q 0 0 0 rg BT 83.44 185.20 Td (may ) Tj ET Q q 0 0 0 rg BT 100.85 185.20 Td (experience ) Tj ET Q q 0 0 0 rg BT 142.28 185.20 Td (variances ) Tj ET Q q 0 0 0 rg BT 178.82 185.20 Td (in ) Tj ET Q q 0 0 0 rg BT 187.34 185.20 Td (our ) Tj ET Q q 0 0 0 rg BT 201.20 185.20 Td (EBU ) Tj ET Q q 0 0 0 rg BT 219.95 185.20 Td (counts ) Tj ET Q q 0 0 0 rg BT 245.81 185.20 Td (solely ) Tj ET Q q 0 0 0 rg BT 268.56 185.20 Td (as ) Tj ET Q q 0 0 0 rg BT 279.31 185.20 Td (a ) Tj ET Q q 0 0 0 rg BT 286.05 185.20 Td (result ) Tj ET Q q 0 0 0 rg BT 307.91 185.20 Td (of ) Tj ET Q q 0 0 0 rg BT 316.88 185.20 Td (changes ) Tj ET Q q 0 0 0 rg BT 349.42 185.20 Td (in ) Tj ET Q q 0 0 0 rg BT 357.95 185.20 Td (rates. ) Tj ET Q q 0 0 0 rg BT 380.25 185.20 Td (In ) Tj ET Q q 0 0 0 rg BT 389.22 185.20 Td (Germany) Tj ET Q q 0 0 0 rg BT 421.52 185.20 Td (, ) Tj ET Q q 0 0 0 rg BT 426.04 185.20 Td (homes ) Tj ET Q q 0 0 0 rg BT 452.35 185.20 Td (passed ) Tj ET Q q 0 0 0 rg BT 480.44 185.20 Td (reflect ) Tj ET Q q 0 0 0 rg BT 504.52 185.20 Td (the ) Tj ET Q q 0 0 0 rg BT 517.94 185.20 Td (footprint ) Tj ET Q q 0 0 0 rg BT 549.14 185.20 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 175.60 Td (two-way ) Tj ET Q q 0 0 0 rg BT 80.93 175.60 Td (homes ) Tj ET Q q 0 0 0 rg BT 107.03 175.60 Td (passed ) Tj ET Q q 0 0 0 rg BT 134.91 175.60 Td (reflect ) Tj ET Q q 0 0 0 rg BT 158.78 175.60 Td (the ) Tj ET Q q 0 0 0 rg BT 171.99 175.60 Td (technological ) Tj ET Q q 0 0 0 rg BT 220.78 175.60 Td (capability) Tj ET Q q 0 0 0 rg BT 253.53 175.60 Td (, ) Tj ET Q q 0 0 0 rg BT 257.84 175.60 Td (of ) Tj ET Q q 0 0 0 rg BT 266.60 175.60 Td (our ) Tj ET Q q 0 0 0 rg BT 280.25 175.60 Td (network ) Tj ET Q q 0 0 0 rg BT 310.35 175.60 Td (up ) Tj ET Q q 0 0 0 rg BT 321.33 175.60 Td (to ) Tj ET Q q 0 0 0 rg BT 330.09 175.60 Td (the ) Tj ET Q q 0 0 0 rg BT 343.30 175.60 Td (street ) Tj ET Q q 0 0 0 rg BT 365.40 175.60 Td (cabinet ) Tj ET Q q 0 0 0 rg BT 393.28 175.60 Td (with ) Tj ET Q q 0 0 0 rg BT 409.59 175.60 Td (drops ) Tj ET Q q 0 0 0 rg BT 431.69 175.60 Td (from ) Tj ET Q q 0 0 0 rg BT 449.78 175.60 Td (the ) Tj ET Q q 0 0 0 rg BT 462.99 175.60 Td (street ) Tj ET Q q 0 0 0 rg BT 485.08 175.60 Td (cabinet ) Tj ET Q q 0 0 0 rg BT 512.97 175.60 Td (to ) Tj ET Q q 0 0 0 rg BT 521.72 175.60 Td (the ) Tj ET Q q 0 0 0 rg BT 534.93 175.60 Td (building ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 166.00 Td (generally ) Tj ET Q q 0 0 0 rg BT 84.19 166.00 Td (added, ) Tj ET Q q 0 0 0 rg BT 110.88 166.00 Td (and ) Tj ET Q q 0 0 0 rg BT 126.45 166.00 Td (in-home ) Tj ET Q q 0 0 0 rg BT 157.57 166.00 Td (wiring ) Tj ET Q q 0 0 0 rg BT 180.69 166.00 Td (generally ) Tj ET Q q 0 0 0 rg BT 215.38 166.00 Td (upgraded, ) Tj ET Q q 0 0 0 rg BT 253.63 166.00 Td (on ) Tj ET Q q 0 0 0 rg BT 264.75 166.00 Td (an ) Tj ET Q q 0 0 0 rg BT 275.88 166.00 Td (as ) Tj ET Q q 0 0 0 rg BT 286.55 166.00 Td (needed ) Tj ET Q q 0 0 0 rg BT 315.46 166.00 Td (or ) Tj ET Q q 0 0 0 rg BT 324.80 166.00 Td (success-based ) Tj ET Q q 0 0 0 rg BT 380.38 166.00 Td (basis. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 146.80 Td (While ) Tj ET Q q 0 0 0 rg BT 71.80 146.80 Td (we ) Tj ET Q q 0 0 0 rg BT 84.32 146.80 Td (take ) Tj ET Q q 0 0 0 rg BT 101.74 146.80 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 144.51 146.80 Td (steps ) Tj ET Q q 0 0 0 rg BT 165.92 146.80 Td (to ) Tj ET Q q 0 0 0 rg BT 174.89 146.80 Td (ensure ) Tj ET Q q 0 0 0 rg BT 201.65 146.80 Td (that ) Tj ET Q q 0 0 0 rg BT 217.29 146.80 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 256.48 146.80 Td (statistics ) Tj ET Q q 0 0 0 rg BT 289.45 146.80 Td (are ) Tj ET Q q 0 0 0 rg BT 303.31 146.80 Td (presented ) Tj ET Q q 0 0 0 rg BT 341.19 146.80 Td (on ) Tj ET Q q 0 0 0 rg BT 352.38 146.80 Td (a ) Tj ET Q q 0 0 0 rg BT 359.12 146.80 Td (consistent ) Tj ET Q q 0 0 0 rg BT 397.44 146.80 Td (and ) Tj ET Q q 0 0 0 rg BT 413.08 146.80 Td (accurate ) Tj ET Q q 0 0 0 rg BT 446.06 146.80 Td (basis ) Tj ET Q q 0 0 0 rg BT 467.03 146.80 Td (at ) Tj ET Q q 0 0 0 rg BT 476.00 146.80 Td (any ) Tj ET Q q 0 0 0 rg BT 491.19 146.80 Td (given ) Tj ET Q q 0 0 0 rg BT 512.61 146.80 Td (balance ) Tj ET Q q 0 0 0 rg BT 542.93 146.80 Td (sheet ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 137.20 Td (date, ) Tj ET Q q 0 0 0 rg BT 69.76 137.20 Td (the ) Tj ET Q q 0 0 0 rg BT 83.35 137.20 Td (variability ) Tj ET Q q 0 0 0 rg BT 119.17 137.20 Td (from ) Tj ET Q q 0 0 0 rg BT 137.64 137.20 Td (country ) Tj ET Q q 0 0 0 rg BT 166.34 137.20 Td (to ) Tj ET Q q 0 0 0 rg BT 175.49 137.20 Td (country ) Tj ET Q q 0 0 0 rg BT 204.19 137.20 Td (in ) Tj ET Q q 0 0 0 rg BT 212.89 137.20 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 222.46 137.20 Td (the ) Tj ET Q q 0 0 0 rg BT 236.05 137.20 Td (nature ) Tj ET Q q 0 0 0 rg BT 261.21 137.20 Td (and ) Tj ET Q q 0 0 0 rg BT 277.03 137.20 Td (pricing ) Tj ET Q q 0 0 0 rg BT 303.06 137.20 Td (of ) Tj ET Q q 0 0 0 rg BT 312.20 137.20 Td (products ) Tj ET Q q 0 0 0 rg BT 345.36 137.20 Td (and ) Tj ET Q q 0 0 0 rg BT 361.18 137.20 Td (services, ) Tj ET Q q 0 0 0 rg BT 395.21 137.20 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 406.56 137.20 Td (the ) Tj ET Q q 0 0 0 rg BT 420.15 137.20 Td (distribution ) Tj ET Q q 0 0 0 rg BT 461.31 137.20 Td (platform, ) Tj ET Q q 0 0 0 rg BT 494.90 137.20 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 508.03 137.20 Td (billing ) Tj ET Q q 0 0 0 rg BT 530.96 137.20 Td (systems, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 127.60 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 62.90 127.60 Td (bad ) Tj ET Q q 0 0 0 rg BT 78.53 127.60 Td (debt ) Tj ET Q q 0 0 0 rg BT 96.39 127.60 Td (collection ) Tj ET Q q 0 0 0 rg BT 132.04 127.60 Td (experience ) Tj ET Q q 0 0 0 rg BT 173.46 127.60 Td (and ) Tj ET Q q 0 0 0 rg BT 189.10 127.60 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 200.72 127.60 Td (other ) Tj ET Q q 0 0 0 rg BT 221.24 127.60 Td (factors ) Tj ET Q q 0 0 0 rg BT 247.54 127.60 Td (add ) Tj ET Q q 0 0 0 rg BT 263.18 127.60 Td (complexity ) Tj ET Q q 0 0 0 rg BT 303.26 127.60 Td (to ) Tj ET Q q 0 0 0 rg BT 312.22 127.60 Td (the ) Tj ET Q q 0 0 0 rg BT 325.63 127.60 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 364.82 127.60 Td (counting ) Tj ET Q q 0 0 0 rg BT 397.36 127.60 Td (process. ) Tj ET Q q 0 0 0 rg BT 429.88 127.60 Td (W) Tj ET Q q 0 0 0 rg BT 437.29 127.60 Td (e ) Tj ET Q q 0 0 0 rg BT 444.03 127.60 Td (periodically ) Tj ET Q q 0 0 0 rg BT 486.34 127.60 Td (review ) Tj ET Q q 0 0 0 rg BT 511.75 127.60 Td (our ) Tj ET Q q 0 0 0 rg BT 525.60 127.60 Td (subscriber ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 118.00 Td (counting ) Tj ET Q q 0 0 0 rg BT 82.23 118.00 Td (policies ) Tj ET Q q 0 0 0 rg BT 111.38 118.00 Td (and ) Tj ET Q q 0 0 0 rg BT 127.21 118.00 Td (underlying ) Tj ET Q q 0 0 0 rg BT 166.60 118.00 Td (systems ) Tj ET Q q 0 0 0 rg BT 198.42 118.00 Td (to ) Tj ET Q q 0 0 0 rg BT 207.57 118.00 Td (improve ) Tj ET Q q 0 0 0 rg BT 238.50 118.00 Td (the ) Tj ET Q q 0 0 0 rg BT 252.10 118.00 Td (accuracy ) Tj ET Q q 0 0 0 rg BT 286.59 118.00 Td (and ) Tj ET Q q 0 0 0 rg BT 302.42 118.00 Td (consistency ) Tj ET Q q 0 0 0 rg BT 346.69 118.00 Td (of ) Tj ET Q q 0 0 0 rg BT 355.85 118.00 Td (the ) Tj ET Q q 0 0 0 rg BT 369.45 118.00 Td (data ) Tj ET Q q 0 0 0 rg BT 387.50 118.00 Td (reported ) Tj ET Q q 0 0 0 rg BT 419.77 118.00 Td (on ) Tj ET Q q 0 0 0 rg BT 431.15 118.00 Td (a ) Tj ET Q q 0 0 0 rg BT 438.08 118.00 Td (prospective ) Tj ET Q q 0 0 0 rg BT 481.47 118.00 Td (basis. ) Tj ET Q q 0 0 0 rg BT 504.84 118.00 Td ( ) Tj ET Q q 0 0 0 rg BT 506.83 118.00 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 547.59 118.00 Td (, ) Tj ET Q q 0 0 0 rg BT 552.29 118.00 Td (we ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 108.40 Td (may ) Tj ET Q q 0 0 0 rg BT 66.84 108.40 Td (from ) Tj ET Q q 0 0 0 rg BT 85.06 108.40 Td (time ) Tj ET Q q 0 0 0 rg BT 102.39 108.40 Td (to ) Tj ET Q q 0 0 0 rg BT 111.29 108.40 Td (time ) Tj ET Q q 0 0 0 rg BT 128.63 108.40 Td (make ) Tj ET Q q 0 0 0 rg BT 150.41 108.40 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 193.11 108.40 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 238.46 108.40 Td (to ) Tj ET Q q 0 0 0 rg BT 247.36 108.40 Td (our ) Tj ET Q q 0 0 0 rg BT 261.14 108.40 Td (subscriber ) Tj ET Q q 0 0 0 rg BT 300.27 108.40 Td (statistics ) Tj ET Q q 0 0 0 rg BT 333.16 108.40 Td (based ) Tj ET Q q 0 0 0 rg BT 357.18 108.40 Td (on ) Tj ET Q q 0 0 0 rg BT 368.30 108.40 Td (those ) Tj ET Q q 0 0 0 rg BT 390.09 108.40 Td (reviews. ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 89.20 Td (Subscriber ) Tj ET Q q 0 0 0 rg BT 90.24 89.20 Td (information ) Tj ET Q q 0 0 0 rg BT 132.32 89.20 Td (for ) Tj ET Q q 0 0 0 rg BT 144.16 89.20 Td (acquired ) Tj ET Q q 0 0 0 rg BT 177.36 89.20 Td (entities ) Tj ET Q q 0 0 0 rg BT 205.21 89.20 Td (is ) Tj ET Q q 0 0 0 rg BT 213.49 89.20 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 255.12 89.20 Td (and ) Tj ET Q q 0 0 0 rg BT 270.97 89.20 Td (subject ) Tj ET Q q 0 0 0 rg BT 298.82 89.20 Td (to ) Tj ET Q q 0 0 0 rg BT 308.00 89.20 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 349.64 89.20 Td (until ) Tj ET Q q 0 0 0 rg BT 366.82 89.20 Td (we ) Tj ET Q q 0 0 0 rg BT 379.55 89.20 Td (have ) Tj ET Q q 0 0 0 rg BT 399.40 89.20 Td (completed ) Tj ET Q q 0 0 0 rg BT 438.82 89.20 Td (our ) Tj ET Q q 0 0 0 rg BT 452.88 89.20 Td (review ) Tj ET Q q 0 0 0 rg BT 478.50 89.20 Td (of ) Tj ET Q q 0 0 0 rg BT 487.68 89.20 Td (such ) Tj ET Q q 0 0 0 rg BT 507.08 89.20 Td (information ) Tj ET Q q 0 0 0 rg BT 549.16 89.20 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 49.50 79.60 Td (determined ) Tj ET Q q 0 0 0 rg BT 91.75 79.60 Td (that ) Tj ET Q q 0 0 0 rg BT 107.31 79.60 Td (it ) Tj ET Q q 0 0 0 rg BT 113.54 79.60 Td (is ) Tj ET Q q 0 0 0 rg BT 121.54 79.60 Td (presented ) Tj ET Q q 0 0 0 rg BT 159.34 79.60 Td (in ) Tj ET Q q 0 0 0 rg BT 167.79 79.60 Td (accordance ) Tj ET Q q 0 0 0 rg BT 211.37 79.60 Td (with ) Tj ET Q q 0 0 0 rg BT 227.82 79.60 Td (our ) Tj ET Q q 0 0 0 rg BT 241.61 79.60 Td (policies.) Tj ET Q /GS0 gs q 75.80 0 0 47.00 486.15 732.50 cm /I99 Do Q endstream endobj 89 0 obj <> /View <>>>>> endobj 90 0 obj <> /View <>>>>> endobj 91 0 obj <> endobj 92 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;