UPC Cablecom to spend CHF 250 mln on network expansion

(Telecompaper) UPC Cablecom has confirmed plans to invest over CHF 250 million in extending its network to 250,000 additional premises in Austria and Switzerland over the next five years. Parent company Liberty Global is supporting this initiative as part of its new build investment programme announced earlier this year. Around 50,000 homes are already set to be connected with fibre cable in 2016 under the "Autostrada" investment programme. Today, a third of Austrian households and approxim