This year, the company plans to invest over EUR50 million to launch new digital services and to extend and boost the network capacity, according to UPC Romania general manager, Robert Redeleanu.
Last year, UPC added over 37,000 TV and internet services to its portfolio, by taking over the networks of local operators in Prahova and Suceava counties.
In the fourth quarter of 2015, UPC boosted its total subscription base to 1.24 million, representing a 4.8% growth compared with the fourth quarter of 2014 and a 3% increase compared with the third quarter of 2015.
The internet segment contributed significantly to the company’s positive results, as UPC added over 55,000 new Fiber Power subscriptions, which translates into an annual increase of 13%.
End-December 2015, UPC provided internet services to 488,800 customers.
The digital cable television attracted 44,800 more subscription in 2015, representing an annual growth of over 8% and boosting the subscriber base up to 593,200 at the end of 2015.
The fixed telephony segment also registered a significant growth, as UPC exceeded 400,000 customers at the end of 2015.