UPC broadband subscribers grow 26pc to 272,700 in Q1

11 May 2012

Cable provider UPC has seen a 26pc increase in broadband subscriptions with numbers now standing at 272,700. Entry-level speeds currently stand at 25Mbps.

UPC’s parent company Liberty Global reported revenues of US$2.54bn, up 5.5pc for the first quarter.

In Ireland, the company added 36,200 subscriptions to next-generation services. Year-on-year total subscriptions increased 13pc by 110,900 to 922,600.

In terms of broadband subscriptions, UPC added 57,800 new subscribers.

The company’s home phone business now counts 187,200 users – a net addition of 78,300.

In terms of digital home entertainment, the company has 384,900 digital TV customers.

Digital agenda

“We’re continuing to grow our business with groundbreaking products, services and bundles offering unique value to our customers,” Dana Strong, CEO of UPC Ireland, said.

“People are increasingly choosing high-bandwidth broadband services and we are well positioned to meet that demand, having invested €500m over the past six years in our advanced next-generation broadband network.

“We are focused on making our investments productive for the entire Irish economy. This includes promoting digital inclusion and business competitiveness for all our customers throughout Ireland. Our investments are also contributing strongly to supporting Ireland in meeting its EU Digital Agenda targets,” Strong said.

The company employs 850 full-time staff and 1,000 contractors.

John Kennedy is a journalist who served as editor of Silicon Republic for 17 years