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General

UPC-Ziggo revenues up 0.7% in Q4

Friday 13 February 2015 | 09:59 CET | News
Cable operator UPC Netherlands reported revenues of USD 562.3 million (EUR 491.9 million) for the fourth quarter of 2014, up from USD 319 million a year earlier thanks to its merger with Ziggo in November. On a pro forma basis, revenues were up 0.7 percent year-on-year. Operating cash flow totaled USD 314.4 million. The results were reported by parent company Liberty Global. It said the integration of Ziggo and UPC was progressing well and raised its target for annual synergies from the merger to EUR 250 million by 2018, from an estimate of EUR 160 million when the takeover was first

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Categories: General
Companies: UPC / Ziggo
Countries: Netherlands
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