upc cablecom demonstrates accelerating growth
August 03, 2012 | by upc cablecom GmbH
Reading time: 3 minutes
August 03, 2012, Continued growth at upc cablecom: The number of digital connections (TV, Internet, telephony) increased by 54,600 subscriptions in the second quarter of 2012. Switzerland s largest cable network company made significant advances in digital TV, with 33,800 new subscribers in three months. With 136,900 additional subscribers in the first half of 2012, upc cablecom has achieved both record growth and top results in terms of customer satisfaction. When compared to the same quarter from last year, company revenue increased by CHF 9.9 million to CHF 295.1 million (+ 3.5%).
The clear trend towards digital TV is reflected in the new figures from upc cablecom. Switzerland s largest cable network company has recorded 33,800 new digital TV subscribers in the second quarter of the current year. The total number of TV subscribers in the first half of 2012 increased by 90,500 to 661,800. One reason for the sustained numbers of digital TV subscribers is the launch of more than 35 channels in the first six months of this year with 26 of these transmitting in top HD quality everywhere on our network.
The total number of TV subscribers also increased slightly to 1,501,800 an increase of 1,400 in the second quarter of 2012. The takeover of the cable network company Télémeyrin SA from western Switzerland also had a positive effect here.
Record subscriber growth
TV was not the only area where upc cablecom recorded growth in the second quarter of 2012. Internet connections increased by 10,900 between April and June to 580,600 internet subscriptions. The number of telephony subscribers at Switzerland s largest cable network company also increased by 9,900 to 385,900. In total, upc cablecom was able to record 54,600 new subscribers in digital services (TV, Internet, telephony) in the second quarter of 2012. In the first six months of the current year, the company welcomed 136,900 new digital subscribers more than ever before. Among other aspects, the very popular combination deals contributed to this growth. The DigiCard a plug in card used to receive digital television without the need for additional devices also had a positive effect, and is now also included in the combination deals.
All of these positive influences contributed to the increase in revenue recorded by the company. When compared to the second quarter of last year, this increased by CHF 9.9 million to CHF 295.1 million (+ 3.5%). Strong subscriber satisfaction at upc cablecom was another positive development. Following a continuous increase in the past two years, these have now reached a new high.
Eric Tveter, CEO at upc cablecom, is satisfied with the results. We are growing continuously in all areas and all in an extremely competitive market. We are also increasing our coverage, whilst our customer satisfaction levels have reached a record high this year, he comments. I am convinced that we will continue to inspire our existing subscribers and acquire new ones in the future thanks to our range of very attractive products with ever improving service performance.
Media Contact:
upc cablecom GmbH Zollstrasse 42 8021 Zürich ZH Tel.: 044 277 91 11 Tel.: 0800 66 88 66
Editor's note: Image rights belong to the respective publisher.
Conclusion of this article: « upc cablecom demonstrates accelerating growth »
Source: upc cablecom GmbH , Press release