UPC ‘optimism’ shown by investment

UPC Ireland chief Magnus Ternsjo has said the company’s commitment and optimism in its operations here has been shown in the amount of new product investment it has made in the past year.

Mr Ternsjo took the helm at the international communications giant’s Irish operations last summer and his tenure has coincided with the launch of product enhancements, including its strengthened standard residential and business broadband speeds and its Horizon TV venture.

His first year in charge — as illustrated by new figures published yesterday — also saw total subscriber numbers grow by 71,000 to just under 1.06 million.