0
Broadband

UPC Switzerland sees drop in revenue and EBITDA in Q3

Thursday 5 November 2020 | 10:07 CET | News
UPC Switzerland recorded a 4 percent decline in reported revenues in the third quarter of this year to EUR 269.3 million primarily due to the net effect of lower consumer subscription revenue as a result of customer volume losses and ARPU pressure, but with an increase in mobile revenue driven by a rise in subscribers. It recorded a 5.8 percent decline in rebased revenue year-on-year in Q3 2020. Reported adjusted EBITDA decreased by 8.4 percent in Q3 to EUR 132 million mainly due to the loss of residential cable subscription revenue, partially offset by lower programming costs. Rebased

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Fixed
Companies: Sunrise / UPC Switzerland
Countries: Switzerland
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Sunrise UPC loses 6,000 customers, sees drop in revenues, EBITDA in Q4

Published 16 Feb 2021 09:18 CET | Switzerland
Sunrise UPC lost 6,000 customers in the fourth quarter of 2020. UPC Switzerland halved its losses to 12,000 customers in Q4 ...

Sunrise sees slight revenue decrease but EBITDA and mobile prepaid customers grow in Q3

Published 05 Nov 2020 09:25 CET | Switzerland
Swiss operator Sunrise said revenues decreased year-on-year in Q3 2020 by 0.5 percent to CHF 471 million due to less hubbing ...

Liberty Global sees customer growth, free cash flow improve in Q3

Published 05 Nov 2020 08:44 CET | Europe
Liberty Global reported another small drop in underlying sales and EBITDA in the third quarter, hurt by the effects of the ...

Liberty Global agrees new deal to merge UPC and Sunrise in CHF 6.8 bln takeover

Published 12 Aug 2020 09:48 CET | Switzerland
Liberty Global announced a new attempt to merge its Swiss business UPC with Sunrise. The company has agreed a takeover of Sunrise ...

UPC Switzerland sees revenues, adjusted EBITDA decline further in Q2

Published 04 Aug 2020 09:38 CET | Switzerland
UPC Switzerland recorded an 8 percent decrease in rebased revenues to USD 299.1 million in the second quarter, down from USD 315 ...

UPC Switzerland sees decline in revenues, customers in Q1

Published 07 May 2020 15:38 CET | Switzerland
Revenues at UPC Switzerland fell 2.7 percent on an organic basis in local currency, primarily due to lower subscription revenue ...

UPC Switzerland wants to cut 10% of its workforce

Published 22 Feb 2020 18:04 CET | Switzerland
UPC Switzerland wants to cut around 10 percent of its workforce, Handelszeuting reports. This means that it could cut 160 jobs. A ...