Liberty Global pares growth target on UK slowness

Liberty Global lowered its growth target for Europe this year as billionaire John Malone’s cable carrier reported a weaker-than-expected start in the U.K. Liberty now forecasts operating cash flow growth of 5 percent for 2017, down from February’s outlook of 6 percent to 7 percent, the London-based company said Sunday. The operator lost more customers than expected in the U.K. in the first quarter, following two price increases last year and challenges with the launch of a new video product. Mob...

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