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UPC Hungary revenue increases 30% in 2005

Cable TV, telephony and broadband internet company UPC Hungary Rt had revenue of $281.7 million (roughly Ft 61 billion) in 2005, up 29.6% from a year before, UPC announced on Thursday.

The company's operating cash flow increased 31.4% to $108.4 million (Ft 23.4 billion) in 2005. UPC Hungary spent $70.9 million (Ft 15.3 billion) on investments in 2005, compared to $39.8 (Ft 8.6 billion) million in 2004.

UPC Hungary had 996,000 subscribers, some of whom use more than one of the company's services at the end of last year. The company had 731,000 cable television subscribers, 171,000 digital satellite subscribers, 135,000 broadband internet subscribers and 108,000 telephony subscribers at the end of 2005. Of the telephony subscribers, UPC Hungary counted 50,000 who subscribe to the service along with their UPC Hungary cable television and 58,000 who use the landline service of UPC Hungary unit Monortel Rt. Of UPC's 13 units in Europe, UPC Hungary has the fourth biggest revenue, cash flow and number of subscribers.