T-Mobile revenue and profits down, customers up

T-Mobile revenue and profits down, customers up


T-Mobile UK saw its revenues dip by 17% to £719m during the last quarter of 2009, despite adding customers during the period.

The operator added 392,000 UK customers during the quarter ended 31 December, taking its total customer base to 17.2 million.

UK Revenue for the full year fell by 6.3% to £3bn, compared with £3.5bn in 2008.

Meanwhile, profits at the mobile operator’s UK arm fell by 32% to £145m, compared with £214m a year earlier. For the full year, profits fell 31% to £539m.

T-Mobile blamed the profit decline in its UK division on ‘regulatory decisions’, as well as on the impact of exchange rates and the reduction in termination rates.

The company said its European customer base had shifted towards ‘lucrative contact customers’, after recording over 900,000 net additions in the category.

Written by Mobile Today
Mobile Today


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