UPC revenues up 11% in Q2
Revenues of telecom company UPC Magyarország rose 11.4% year-on-year in the second quarter, while subscriber numbers rose to 1.989 million at the end of June, 6.7% up from a year earlier, the company told state news agency MTI on Tuesday.
Broadband internet subscriber numbers rose 6.8% to more than 645,000.
Digital and analog TV subscribers increased by 2.6% to exceed 673,000.
The number of landline telephone subscribers climbed 7.1% to 596,000.
Mobile subscribers came close to 75,000, up more than 56%.
UPC Magyarország had revenues of HUF 66.57 billion in 2016.
UPC is a unit of US telecommunications and television company Liberty Global.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.