UPC Hungary reaches nearly 40,000 subscribers in one year

Telco

The Hungarian subsidiary of Dutch internet and cable TV service provider UPC has acquired nearly 40,000 mobile subscribers only a year after it entered the market, CEO Magnus Ternsjo said yesterday, according to reports.

The companyʼs mobile subscribers, which also have an internet subscription, use a monthly 2.5 GB of data on average, a figure above the Hungarian average, news agency MTI reported citing a representative survey conducted by ITHAKA. 

Citing public records, MTI added that UPC Magyarország had an HUF 8.1 billion loss on revenue of HUF 58.9 bln in 2014.

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