EE posts 1.7m 4G user surge in Q1 as revenue slightly slips
EE has widened the gap as Europe’s largest 4G operator, revealing that it added a total of 1.7 million 4G customers in the UK in the first quarter of 2015.
The company reported a 224 per cent year-on-year increase of 4G customers, now boasting 9.3million in the UK. Furthermore, the brand now has 7,700 medium and large companies using its 4G including Uber, Gant UK, Rotary Watches, Norfolk Constabulary and Suffolk Constabulary.
However, despite impressive growth, operating revenue - including regulatory impacts - was down by 1.1 per cent year on year to £1.469bn.
Neal Milsom, chief financial officer of EE, said: “We are delivering strong, consistent commercial performance by giving our customers the best mobile voice and data network experience in the UK.
“As much of the UK market now has smartphones, we are leading the charge into new growth areas by cross-selling our innovative range of connected products including 4G tablets, 4G WiFi, fixed broadband and EETV to our existing customers.”
This comes after telecom firm BT bought EE for £12.5bn in February comprising a mixture of cash and shares.