EE to hit 14 million 4G target as BT deal nears

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EE — which is jointly owned by Germany’s Deutsche Telekom and France’s Orange as a consequence of the two businesses merging their UK operations five years ago — added 1.7 million 4G customers in the first three months of the year taking the total to 9.3 million.

That is a threefold rise in a year with 96% of new customers now opting for the faster 4G service.

Neal Milsom, chief financial officer of EE, said: “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 wi-fi, fixed broadband and EETV to our existing customers.”

Revenues dipped 1.1% to £1.47 billion in the first quarter but if the effects of charge cuts ordered by regulators are taken out they were up marginally.

BT shareholders vote on the deal on Thursday.

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April 27, 2015 |
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