Business Irish

Monday 25 September 2017

More customers on horizon as UPC eases past million mark

UPC said its latest results showed strong performance, boosted by sign-ups for its latest TV product.

Total subscriptions hit a record 1.04 million for the company's TV, broadband and phone services, an increase of 7pc in the 12 months to September 2013.

It added 30,000 new home users for its Horizon TV offering this quarter, having launched it two months ago.

In the three months to September, it added over 18,400 subscriptions for its broadband, TV and phone services for both business and home customers.

UPC employs over 800 staff, plus 700 indirectly throughout Ireland.

"UPC Ireland has delivered another outstanding quarter, led by the continuing strength of our market position in high-speed internet, TV, phone and business services," Carol Grennan, chief financial officer of UPC Ireland said.

UPC has invested more than €500m in its fibre network over the last seven years, Ms Grennan added, and is the market leader in 'triple play' – TV, broadband and phone service provision, with over 175,000 homes availing of this service.

The cable, internet and phone provider has set an internet speed of 120mb as its new entry-level standard.

It announced new products for its business customers that allow super-fast download and upload speeds.

The company has opened a new 'Horizon Customer Experience Centre' within Currys PC World in Cork.

UPC also introduced a new Setanta Sports Plus pack, including Setanta Sports 1, BT Sport 1, BT Sport 2 and ESPN, with all channels provided in high definition.

The firm said it had grown its phone service customer numbers by 25pc to over 279,000, and its broadband customer base by 12pc to 330,000 year-on-year.

It added 600 digital cable TV customers to bring total users to 336,700.

UPC is owned by international cable operator Liberty Global.

Irish Independent

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