In the second quarter, UPC Romania’s revenue grew 8.7% to $37.3 million, from $34.3 million between April and June 2013, parent company Liberty Global said in a report Wednesday.
In 2013, UPC Romania’s revenue advanced 8% to over $140 million, from $130 million in 2012, due to an increase in client portfolio.
The company’s client portfolio in Romania rose slightly to 1.158 million in the first six months of 2014, from 1.154 million in the year-earlier period.
UPC Romania exceeded the threshold of 500,000 clients on the digital television segment, of 400,000 clients on the internet segment and of 300,000 clients on the telephony segment, UPC Romania said in a statement.
In the second quarter, UPC attracted over 21,700 new subscriptions to digital television services, reaching 514,800 on this segment at the end of June. The annual increase for digital television services exceeds 16%. End-June 2014, around 26% of UPC’s digital television clients (over 133,300), also enjoyed HD television.
UPC Romania is one of the largest telecom companies on the local market.
UPC Romania is held by UPC Holding based in The Netherlands, part of American Group Liberty Global.