Three revenue rises 10pc to over £1bn for first half of 2015


EBITDA rose 34 per cent YOY to £311 million while customer numbers reached nearly 10.5 million

Three’s revenues grew by 10 per cent to £1.07 billion for the first half of 2015, the operator has announced.

EBITDA at the UK’s fourth network increased by 34 per cent year-on-year to £311 million as its customer base topped 10 million for the first time.

Net customer service revenue also grew during the six months to June 30, from £556 million in the same period last year to £646 million.

Three’s registered customer base now sits at 10.5 million, compared with 9.7 million in the same period in 2014, with 8.8 million active users. This is made up of just over six million postpaid customers and 2.7 million pre-paid, up 500,000 on last year.Screen Shot 2015-08-25 at 10.48.56

More than 50 per cent (4.5 million) of Three’s active subscribers have used 4G since it launched last year.

Average data usage in June was 4.65GB per user. The operator claims to carry 42 per cent of overall UK data usage.

Three chief financial officer Richard Woodward said: “Our performance in the first half has been built on the strength of our network and the plans and benefits we provide. We passionately believe that financial success starts and ends with providing the best possible customer experience and fixing industry issues like unfair roaming charges.

“This is our absolute focus and we are seeing the results with customer satisfaction consistently improving, more people joining us and existing customers staying longer and spending more.”

Feel At Home

Three said its roaming proposition, Feel At Home, which allows customers to use their usually allowances for free in 18 countries across the globe, has now saved customers over £1 billion in roaming charges.

On average, it claimed a customer would save nearly £330 per year compared to typical roaming rates. More than two million customers have used the service since it launched in August 2013.

Three also said it will launch its low frequency 800MHz spectrum in Autumn this year, which will lead to the introduction of Voice over LTE (VoLTE).

CEO Dave Dyson (pictured) said: “We continue to focus on giving our customers the best possible experience. Our network is already providing a quality, reliable service to customers and this will be further enhanced in the next six months with the introduction, for the first time, of our low frequency 800MHz spectrum.”