News Articles

Friday, July 30, 2010

Telefonica publishes half-year results for O2

­Telefónica Europe, which runs O2 in the UK, says revenue reached €7.28 billion in the first half of 2010, up 10.8% year-on-year. It now has a total of 54.5 million customers in Europe, up 6.1% year-on-year. 45.2 million of these are on its mobile networks.

Telefonica O2 UK's customer base (excluding Tesco Mobile) increased 4.5% year-on-year to 21.6 million at the end of June. The number of 'contract' customers was up 11.7% year-on-year.

Matthew Key, Chairman and Chief Executive of Telefónica Europe, said "Telefónica Europe maintained market-leading financial and operating performance across the Group, with solid momentum in UK and Germany, while the Czech Republic and Ireland are seeing early signs of trends reversing, despite an ongoing challenging economic environment. The Group continues to see the benefits of a more balanced portfolio and in this last quarter disposed of Manx Telecom as a non-core asset to focus resources into main markets. In the first six months of 2010 we continued to set the trends in the markets where we operate – witness our bold move on data pricing in the UK and the ongoing popularity of the O2o proposition in Germany which has secured more than 1.5 million customers since its launch just 12 months ago."

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

Categories: Networks and operators, NewsNumber of views: 3987

Tags: o2 telefonica

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