Feeds

O2 UK reduces churn, while Europe grows more slowly

Telefonica does well with acquisition

Providing a secure and efficient Helpdesk

Telefonica-owned mobile operator O2 is showing steady growth in the UK market, with revenues up 10.4 per cent, as it manages to convert customers from pre-paid to contract.

However, Telefonica's results for the first half of 2007 show the rest of O2 Europe to be growing more slowly.

Telefonica bought O2 early last year, and the brand continues to operate in the UK, Germany, Ireland, and the Czech Republic.

In the Czech Republic O2 now has 2.2 million fixed-line subscribers and 4.9 million mobile. Total revenues for the first six months of 2007 were €1,095m, but a great deal of money has been spent expanding the O2 Slovakia network, which is required to have 400 sites operational by September.

O2 Ireland made revenues of €487m in the first six months of 2007, but comparisons with the same period last year aren't available. The results show a modest 2.1 per cent increase in the total customer base.

In Germany, the revenue for the three months to the end of June was down 2.9 per cent to €861m, compared to last year. Germany is a highly competitive market where O2 now has 1.6 million mobile subscribers; up 11.8 per cent on last year, and 34,000 DSL customers.

In the UK, O2 gained 76,000 contract customers, but lost 42,000 pre-paid, meaning an overall increase of 34,000 customers. With 17.8 million subscribers, it is now the largest UK operator.

O2 UK's broadband offering suffered another delay, its third postponement to date, but this time the launch only slipped a month to October 2007. Be, the broadband company acquired by O2 last year, now has 770 unbundled exchanges, reaching 50 per cent of the population.

Overall, O2 Europe brought in €7,068m to June 2007, compared to €5,828m in the previous year, demonstrating how effectively the new owner has been able to run the group. ®

New hybrid storage solutions

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Turnbull: NBN won't turn your town into Silicon Valley
'People have been brainwashed to believe that their world will be changed forever if they get FTTP'
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
Bonking with Apple has POUNDED mobe operators' wallets
... into submission. Weve squeals, ditches payment plans
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.