Cable operator UPC Romania’s revenue grows 4.2% y/y in Q1

Cable operator UPC Romania, a unit of U.S.-based Liberty Global, said on Tuesday its first-quarter revenue rose 4.2% year-on-year, reaching 168.8 million lei ($39.7 million/35.4 million euro), according to

UPC Romania had 961,700 individual customers at the end of March, holding some 2.089 million subscriptions for TV, Internet and voice services, the company said in a press release.

The number of Internet subscribers rose by an annual 2% to 594,200 in the first quarter of 2019.

Subscriptions for digital TV services climbed 4% year on year, reaching 708,400 at the end of March.

On the voice segment, UPC Romania recorded a growth rate of over 6%, reaching a customer base of 581,100 at the end of March .

UPC Romania revenue rose 6.6% year-on-year to 668.7 million lei in 2018.

Founded in Cluj-Napoca as Astral Telecom S.A. in 1993, UPC Romania is now one of the largest providers of cable TV, Internet and fixed-line telephone services in the country.

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