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 SeeNews.com.

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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