UPC Romania saw its revenues fall by 19% year-on-year in the first half of 2009.
ZF reports that they amounted to €61 million in the first six months of this year, based on the depreciation of €84.7 million of intangible assets.
UPC says that increasing competition has led to a fall in ARPU, and revenues in general, in both the first half and Q2 this year.
The number of contracts as of the end of June stood at 1,639,500.