News Articles

Tuesday, April 23, 2013

EE quarterly results show 318,000 4G customers in the UK

Quarterly results from EE show that 318,000 customers (2.3% of EE’s post-paid customer base) have signed up for the network’s 4G service in the first five months. It says this means it’s on track to have more than one million 4G customers by the end of 2013.

Image

53% of EE, Orange and T-Mobile customers in the UK are now on ‘pay monthly’ tariffs - up from 49% for the same quarter last year. Around 166,000 new ‘pay monthly’ customers joined in the quarter. However, it's been reported that 571,000 prepay customers left, resulting in the overall total dropping to 26.44 million customers

Service revenue was down 5.4% year-on-year to £1.42 billion, although excluding Mobile Termination Rate and roaming cuts from this figure results in a smaller decrease of 0.4%.

Neal Milsom, Chief Financial Officer of EE, said “Today’s results are in-line with our expectations, and we are making good progress focusing on high value segments. We’re announcing 318,000 4G customers after just five months of trading, strong postpaid net adds and continued growth in our underlying average revenue per user. We expect to strengthen our industry leadership position in the year ahead as the 4G roll out continues and we introduce double-speed 4GEE.”

[Presentation (pdf)]

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«March 2024»
MonTueWedThuFriSatSun
26272829123
45678910
11121314151617
18192021222324
25262728293031
1234567

Archive

Terms Of Use | Privacy Statement