T-Mobile reveals Q1 results

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T-Mobile has announced its first quarter of 2008 financial results, revealing substantial growth in data and broadband sales.

Figures revealed that data traffic exceeded voice for the first time, with broadband numbers expected to quadruple by the end of 2008.

T-Mobile, which has increased its customer base by 2.3 per cent (400,000) to more than 17 million, claimed that one in four customers are now purchasing mobile broadband, increasing non-voice share of ARPU from 20 per cent in quarter one last year to 22 per cent in 2008.

T-Mobile UK Chief Executive Jim Hyde said: “The first quarter of 2008 puts us well on track to meet our aims for the full year.

“We are seeing strong growth in the uptake of mobile broadband. During 2007, just 4% of new contract customers signed up for mobile broadband but this has now shot up to 25%.

“This positions us well to move forward with the large scale consolidation of cell sites, keeping us on schedule to achieve nationwide 3G network coverage by the end of 2009.

T-Mobile also saw net revenues increase by 2.6 per cent year-on-year to £801 million with Prepay numbers growing by 350,000.

 

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