EE to hit 14 million 4G target as BT deal nearsComments Off on EE to hit 14 million 4G target as BT deal nears
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.