UPC Ireland: broadband subs up 31% in Q3

4 Nov 2011

Irish cable TV, internet access and telephony provider UPC Ireland added a net 32,000 broadband subscribers in the three months to 30 September 2011, up 31% year-on-year, for a total of 241,400. The cableco’s new chief executive officer, Dana Strong, said the company reported strong growth in terms of residential and business users across its product set. ‘UPC maintains a strong presence in our market due to our anticipation of the demand for high-bandwidth broadband services from consumers in Ireland. A key aspect is the EUR400 million [USD549.7 million] network investment programme which over the past four years has helped to bring the benefits of the digital economy to a large base of Irish households and businesses,’ she said.

Ms Strong, whose firm is a unit of US-based Liberty Global Inc (LGI), said 87% of its subscriber base in urban centres and regional towns can receive 30Mbps broadband, while 60% can receive 100Mbps. As at 30 September UPC Ireland had a total of 858,500 revenue generating units, including 384,900 digital TV subscribers (up 3%) and 143,800 voice telephony connections – up 56,600, or 65%. Commenting on the strong gains, Strong said: ‘The success and substantial network investment in people and infrastructure comes at a time when many would have been concerned about the viability of big investments in Ireland, but we are confident our fibre investment will continue to be well-received.’