UPC Ireland surpasses more than 1m subscribers during Q1

7 May 2013

UPC Ireland grew its total number of subscribers to a record 1,012,600 during the first three months of this year, including 23,800 subscriptions for its fibre-powered broadband, TV and phone services from homes and businesses throughout Ireland.

Compared to the year-ago quarter, total subscriptions increased by 10pc, or 90,000, to 1,012,600.

“Customers love the benefits of the UPC fibre-power network,” said Carol Grennan, chief financial officer of UPC Ireland.   

“As a result, more households are joining UPC, our existing customers are staying loyal and have responded by rewarding us with more of their business. 

“In particular, our consistent approach to investing where it matters most to our customers demonstrates the real benefits of fibre power,” Grennan added.

UPC Ireland counted 382,300 digital TV customers during the quarter, as well as increases in the number of broadband and home phone customers.

Broadband customers amounted to 315,700 during the quarter, reflecting a 16pc year-on-year increase in broadband subscriptions.

Home phone subscriptions rose 36pc year-on-year to total 254,700 phone customers.

UPC is the European division of Liberty Global, Inc, which reported first-quarter revenue of US$2.8bn, operating cash flow of US$1.3bn, and operating income of US$525m, an increase of 6pc from the year-ago quarter.

Tina Costanza was a journalist and sub-editor at Silicon Republic