The company’s revenues fell 8.4% on the year in 2010, from $161.1 million to $147.5 million.
The number of subscribers to cable and DTH (direct-to-home) satellite television services saw a slight decrease, from 1.156 million to 1.142 million. The strong increase on the segment of digital cable and DTH were not enough to entirely diminish the slump in analog TV cable services.
The company’s customer base on the analog cable segment saw a 21.3% decrease, to 508,200, the number of subscribers to digital cable services rose 23.8%, to 351,700, and the DTH segment saw an increase of 24.8%, to 282,800 subscribers. Subscriptions to UPC’s internet services grew 10.3%, to 281,300, and on the telephony segment, the company’s client numbers grew 30.7%, to 184,100.
Dutch-based UPC is part of American Group Liberty Global, which registers 20 million customers in 13 countries.Liberty Global reported a 13% increase in revenues in 2011, to $9.5 billion, but posted $772 million in loss in 2011, compared with a net profit of $388.2 million in 2010.