“UPC Romania is expanding its portfolio of high-speed internet services by launching the Fiber Power 500 Mbps. At first, the service will be available in eight cities – Bucharest, Cluj-Napoca, Timisoara, Constanta, Ploiesti, Iasi, Galati and Alba Iulia,” the company said in a statement.

The company is investing significantly in its own network which can provide each residential client with download speeds of up to 1 Gbps and has a transfer capacity of 4.9 Gbps, which was publicly demonstrated by UPC in August 2013 when it launched the Fiber Power 200 Mbps.

End-April 2014, the operator said it made available countrywide an internet access service enabling data transfer speeds of up to 200 Mbps.

UPC has been operating on the Romanian market since 1992 and is one of the largest local cable companies, providing cable and satellite TV, internet and digital hardline telephony services.

The company is held by UPC Holding based in The Netherlands, part of American Group Liberty Global.

UPC Romania’s main competitors are RCS&RDS and Romtelecom.