Sales and customer numbers up: Sunrise UPC continues to grow
Sunrise UPC continues to grow. The telecommunications company reports a net increase of an additional 49,400 mobile postpaid subscriptions and a further 9,300 broadband and TV subscribers in Q4 2021.
For the full fiscal year 2021, Sunrise UPC reports a total net increase of +181,800 mobile postpaid and +34,700 broadband/TV RGUs, with a total of 5.5 million subscriptions as of the end of Q4 2021.
Fixed-mobile convergence (FMC) grows by +3.1% in 2021. As of the end of 2021, 3% of fixed-network broadband customers were also using a mobile postpaid offer.
Sales2) amounted to CHF 760.0 million in Q4 2021, growing by +1.0% year-on-year on an adjusted basis. Over the full fiscal year, Sunrise UPC realized revenues of CHF 3,035.7 million (+0.5% year-on-year on an adjusted basis).
Segment-adjusted EBITDA including "costs to capture "3) (-1.8%) and adjusted EBITDA less additions to property, plant and equipment2)4) (-2.7%) decrease slightly year-on-year.
B2B continues to grow strongly with revenue up +9.9% in Q4 2021 and +3.7% over the full year.
André Krause, CEO of Sunrise UPC, is satisfied with the first consolidated financial year: "Despite the pandemic, integration and intense competition, we succeeded in expanding our operational and financial success in 2021. We were able to play to our strengths as a merged company in the residential and business customer market as well as in the secondary brand business. With our new offerings, we maintained momentum and significantly increased our market shares. This is also reflected in solid sales growth. This momentum also gives me confidence for fiscal 2022."
The detailed financial results of Sunrise UPC can be found in the UPC Holding Q4 2021 fixed income release.
