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Fri 11 Nov 2009UPC Ireland's revenues rise 2.2% to €184.6m in September
REVENUES AT UPC Ireland, the company that owns cable TV operators NTL and Chorus, rose by 2.2 per cent year on year to €184.6 million in the nine months to the end of September.
Its operating cashflow – a measure of profitability – rose by 6.9 per cent to €73.9 million for the same period. In the third quarter – July to September – revenues rose by 1.1 per cent to €61.6 million, while its operating cashflow was up 3.4 per cent to €24.5 million. Figures released by UPC yesterday show it kept losing TV subscribers in the third quarter, but it made gains in broadband and telephone connections.
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