UPC posts revenues of EUR 123.4 million in 2009

UPC Romania posted revenues of EUR 123.4 million in 2009, down on the EUR 144.8 million it made at the end of 2008, according to a financial report by Liberty Global.

“Hungary, Austria and Romania, which are still facing competitive challenges, experienced negative rebased revenue growth for the year ended December 31, 2009,” stated the report.

In the last quarter of 2009, UPC posted revenues of EUR 31.3 million, a 6.6 percent decrease year on year, but still an increase compared to the previous quarter of 2009 (July-September) when it posted EUR 31.1 million.

UPC Romania’s total number of TV clients was 1,249,000, compared to the end of 2008 when it had 1,624,900. Of these, analog cable subscribers numbered 837,600, digital cable customers 231,000 and DTH subscribers 181,000.

On the internet segment, UPC had 267,400 customers at the end of last year, a relatively stable figure compared to the year before when it had 237,300.

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On the landline telephony segment UPC had 150,700 customers at the end of Q4, 2009, up from 124,200 at the end of 2008.

Otilia Haraga