UPC Ireland reports 17% rise in revenues in 2007

28 Feb 2008

Irish cableco UPC Ireland (which includes the former operations of ntl and Chorus Ireland) reported that its full-year revenues climbed 17% from USD262.6 million in 2006 to USD307.2 million in 2007. The group’s operating profits were up 31% year-on-year from USD79.9 million to USD104.7 million on the back of a 25,000 rise in customers to 592,300 over the year. UPC Ireland’s broadband base expanded 45% y-o-y to reach more than 80,000, while the number of people signed up to its new voice telephony service climbed to more than 10,000.

Ireland, Virgin Media Ireland