T-Mobile profits up 22 per cent for the year

0
243

The results also show T-Mobile’s ARPU revenue rose 10 per cent to £2,977 million Profit year-on-year, with total net revenues up eight per cent to £3,293 million.

T-mobile’s customer base, including Virgin Mobile, now stands at 17.3 million, an increase of 400,000 on 2006. Contract subscribers rose 4.4 per cent (165,000) to 3.9 million. Of its four million contract customers, more than two million are subscribed to its Flext tariffs. The number of T-Mobile and Virgin Mobile prepay customers increased 241,000 to 13.4 million, a rise of 1.8 per cent. The network’s non-voice portfolio, including Web’n’Walk, now accounts for 20 per cent of total ARPU, up two per cent year-on-year.

Chief executive of T-Mobile UK Jim Hyde said: “T-Mobile UK had a good 2007, building on the growth platform we established in 2006 and delivering strong financial results, despite the continued highly competitive mobile market place.

“In 2007 we realised the benefits of our disciplined growth strategy and, in spite of the continued fierce competition in the market, we expect to continue this strong performance in profitability, revenue and customer growth in 2008.”

“We believe mobile will progressively become the individual’s primary means of accessing the internet, just as it revolutionised voice communications.”

 

NO COMMENTS

LEAVE A REPLY