Hutchison Whampoa, the parent company of Three UK, has published its results for 2010.
Total revenue for the business was up 8% to almost HK$326 billion (around £26 billion), with the 3 Group reporting its first-ever positive earnings. It now has over 29.6 million 3G customers worldwide, a 13% year-on-year increase.
Three UK’s revised network sharing arrangement with Everything Everywhere saw ‘a one-time substantial benefit of £500 million’, helping it end 2010 with earnings of £173 million. The company has over 3.3 million prepay customers in the UK and almost 3.9 million post-pay customers; both totals have grown since 2009.