UPC posts 11pc new customer growth in Q2

bealtine

http://www.businessworld.ie/livenews.htm?a=2822165

Wednesday, August 03 10:20:37

Cable TV, broadband and phone provider, UPC, today said it put in a record product growth performance of over 11pc for its core products in the second quarter of this year.

The company ended the quarter with a total of 826,800 service subscriptions.

It had 224,800 broadband subscribers, 121,200 phone customers and 384,600 digital TV subscribers at the end of June, it said.

The growth in the number of subscribers for UPC's Fibre Power broadband services increased by 54,800 net additions.

"We have delivered another strong quarter of growth with continued momentum in both our Residential and Business Services operations. Our broadband and voice business continues to grow rapidly and our Digital TV offering is up by 5pc year on year," said Dana Strong, CEO of UPC .

The latest results show that UPC has grown its broadband business by 32pc year on year. Over the same period, UPC has grown its voice business by 56pc. The company has experienced its third successive quarter of growth in Digital Cable TV subscriptions.

"We continue to make significant progress in deploying the latest digital technology to enhance our product offering, strengthen our competitive position and build long term value for our professional and family customer base. This is only possible through continued investment in our network and support structures," added Dana Strong.

smellslikeshoes

Absolutely crazy numbers, No wonder Eircom have been forced into announcing investment.