mmo2 numbers are up

Quarterly update

mmo2 says subscriber numbers are up and it expects to outperform expectations for the quarter ended 30 June 2004. The mobile operator added 603,000 new customers giving it a total of 21.3m. Of these 261,000 were in the UK and of them 149,000 were contract customers. ARPU (average revenue per user) was also up to £279 in the UK compared to £272 for the last quarter of 2003. UK contract ARPU was £537. Germany, which gained 336,000 customers, saw ARPU rise slightly to €367, from €366 in the last quarter of 2003.

mmo2 customers sent 3.22bn text messages - up 33 per cent year-on-year. Data as a proportion of service revenue increased slightly to 20.9 per cent. 24 per cent of mmo2 customers used a non-SMS data service in the period.The company now expects net service revenue growth of between seven and ten per cent. Previous guidance expected growth of between five and eight per cent.®

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