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UPC Ireland reports another Strong Performance for 2012

Fourth Quarter and Full-Year ended December 31, 2012

Ireland’s leading broadband and entertainment innovator, UPC today announced strong growth for the fourth quarter and full-year ended December 31, 2012. UPC also announced today that it has reached the one millionth subscription milestone in Ireland, marking a strong end to a year of success and innovation in Ireland. It has contributed over €500 million in investment as part of the roll-out of its new fibre powered network across Ireland and now offers 150 Mbps broadband speeds to 40% of all Irish homes.

Dana Strong, CEO of UPC Ireland: “In a fast-changing market our 2012 results demonstrate the underlying strength and appeal of UPC’s business model. Our strategy of focusing on innovative, high quality products at great value is paying off. We are appealing to households who want the best digital experience. Independent research shows our customers spend more time online, use more devices and are more satisfied than other broadband customers. Over 85% of our On Demand capable customers have used UPC On Demand TV since launch with over 14 million views of our great content to date. It’s hugely popular and we plan even more exciting developments for our customers in the current year.

“Our investments are setting new standards and driving real choice and progress for consumers. Last year we broke new ground for our customers with our new 50Mb standard entry level product and we demonstrated that our network is capable of an extraordinary 1.4Gb speed. Since 2010, UPC has reduced its price per megabyte by 70% giving customers unmatched value.

“We are also making strong progress in the business community. UPC Business ended the year as an increasingly important and growing contributor to the company. If you consider that over 90% of all businesses in Ireland are SMEs, we believe we have a real opportunity to help these businesses underpin their growth with reliable and affordable superfast digital services.”

“We had a very big and busy year in 2012. Reaching 1,000,000 subscriptions is the culmination of the great work of our 800 employees and 700 contractors.”

Ends

Comparative Overview
General overview year-on-year

Digital TV year on year

Liberty Global Q4 results (Ireland figures page 18, 19) available at:

http://www.lgi.com/PDF/press-release/Liberty-Global-2012-Press-Release-FINAL.pdf