13 Best Telecom Stocks to Buy According to Hedge Funds

7. Liberty Global Ltd. (NASDAQ:LBTYA)

Number of Hedge Fund Holders: 38

Liberty Global Ltd. (NASDAQ:LBTYA) is an international broadband and communications company that delivers internet, video, telephony, and mobile services to residential and business customers across Europe. With a focus on advanced connectivity and digital entertainment, it offers innovative solutions like high-speed WiFi, cloud-based TV platforms, and integrated fixed-mobile services.

The company’s Liberty Telecom segment delivers phone and internet services across the UK, Ireland, Belgium, and the Netherlands. This segment serves a massive customer base of 80 million connections and generated $22 billion in revenue with $8 billion in profit. In 2024, the company executed strategic moves to boost shareholder value. It spun off its Swiss subsidiary, called Sunrise, which resulted in a $9 per share dividend for shareholders. It’s also developing a new fiber network in the UK, which is projected to reach 16 million homes and generate $1 billion in profit.

In the UK, the company gained internet customers and recovered from mobile phone customer losses. Ireland is actively upgrading its internet infrastructure. The Netherlands is focusing on profitable customer relationships, while Belgium is expanding its internet customer base. The company now aims to use AI to achieve $200 to $300 million in annual cost savings and profit increases. It projects a free cash flow of $350 to $400 million in the UK and $300 million in the Netherlands for 2025.