UPC boasts 2.6 million subscribers in Hungary

Portfolio
Infocommunications company UPC Hungary increased its revenues by 9.7% year on year in 2017, on the back of a 7.3% rise in the number of subscriptions to over 2.064 million, the company announced on Thursday.
UPC has not disclosed its 2016 sales figure, but publicly available data show HUF 66.57 bn.

Robert Redeleanu, CEO of UPC Hungary and UPC Romania, underlined in a statement that the main engine of sales growth was a dynamic development in mobile and business services and network upgrades. UPC invested a total of HUF 17.6 bn on network developments on 40 cities, expanding its network to 1.8 million households in 347 settlements.

UPC Hungary has over 850,000 retail and corporate customers at the end of last year, which marks an increase of more than 27,000 in annual terms. The number of high-speed Internet subscriptions rose by nearly 40,000 ot over 664,000, and there were almost 20,000 more (683,000 in total) analogous and digital TV subscriptions at the end of 2017 than a year earlier. The number of mobile subscriptions exceeded 88,000, as a result of 25,900 new sign-ups.
 

More in Business

November 10, 2025 15:28

Hungary's 4iG signs deal on satellite orbit usage

With Eutelsat

November 07, 2025 09:06

Wizz Air makes drastic decision on aircraft procurement

Defers deliveries among financial difficulties

November 05, 2025 12:40

Major retail chain to enter Hungary's neighbouring market

It could benefit Hungarian shoppers too

November 04, 2025 16:15

Two artificial intelligence projects by Hungarian company among the best in the world

They achieved joint first place in Siemens' international competition.

banking technology panel
November 04, 2025 13:20

While Revolut is building a new highway, banks are renovating a million-dollar highway

Portfolio Banking Technology 2025 conference in full swing

_S6A7991
November 04, 2025 12:35

The AI agent revolution is upon us: it will completely change the way we shop

By 2027, half of all users will be shopping online with the help of AI

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search