I think what you will notice straightaway that the best part of our story continues to be our subscriber growth. Given the focus in our industry today, competitive platforms and disruptive technologies, and the European market situation, I think you will be pleased to learn that we continue to grow at record levels. We added 364,000 RGUs in the 3 months ended June 30, which is significantly higher than last year. And not surprisingly, Germany continues to be our primary growth driver, representing about 50% of our net ads, but we are also performing well across Europe, and I will show you those numbers in a minute.Revenue for the 3 months was $2.5 billion, that’s a second straight quarter of more than 5% rebased growth and operating cash flow was $1.2 billion, that’s up 2.5% rebased year-over-year. I think it’s important to point out that our operating cash flow growth figure is in line and with expectations and actually a little better than budget. So obviously, we are anticipating an acceleration in OCF growth in the second half of the year and we are on track to do just that.
Liberty Global's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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