In lei, UPC Romania revenue increased 8% in the first quarter.
The number of subscriptions reached nearly 2 million at the end of the first quarter on all television, internet and telephony segments. Compared to the same period last year, the company gained over 65,000 new subscribers and its internet and digital television subscriptions increased 13%.
Area coverage increased 8% compared to the first quarter of 2014.
“For 2015 we have planned investments of EUR35 million for new services and the upgrade and expansion of our network,” said Severina Pascu, CEO of UPC Romania and Hungary.
On the internet segment, subscriptions increased by 10,500, to 444,000, while the telephony segment gained 400 subscribers, to 313,300. On the video segment, however, the number of subscribers declined by 8,400, to 1,170,200.
Over 65% of UPC customers subscribe to digital television services and over 35% of them get HD services.
The Romanian operator is affiliated to UPC Broadband, Liberty Global’s European division.
The company provides television, broadband internet and telephony services in approximately 200 localities.