Feeds

Everything Everywhere rushes into third quarter

Seems like only yesterday it was only Q2

High performance access to file storage

Less than a month after posting its Q2 results Everything Everywhere has put out Q3 results, this time showing marginal growth in revenue and customer numbers.

Everything Everywhere hasn't been around for long, and last month's figures were the first the joint company has published. These Q3 results put it back on schedule and show that the combined company is doing well, with more contract customers and marginal increases in overall subscribers and revenue.

That revenue is up the smallest smidgen (0.1 per cent) to £1.8bn compared to last year, and customers up 1.4 per cent to 27.9 million. Because these aren't accounts and merely a statement of trading, there's no figure for profit on that revenue, but there are some disturbing trends in the figures.

Everything Everywhere has got more customers onto contracts, which is a good thing 'cos contract customers have a higher ARPU (Average Revenue Per User) - basically they spend more money. Contract customers at Everything Everywhere are spending £35.50 a month, compared to the £7.30 the average pre-paid customer is coughing up. Much of that is swallowed by the handset subsidy, especially when 75 per cent of new contracts are for smartphones.

But both those figures are down on last year, and the average ARPU is down by four per cent to £19.30. Even more worrying is that almost 74 per cent of that ARPU is still coming from voice calls, when most operators are pushing to get 30 per cent of their revenue from data services these days.

Data now makes up the majority of traffic carried by network operators, but data use is being subsidised by the cost of voice calls, which is why operators are so worried about VoIP. Without the expensive voice calls operators will have to start charging data users proper rates, and none of us wants to see that happening. ®

High performance access to file storage

More from The Register

next story
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
Skype pimps pro-level broadcast service
Playing Cat and Mouse with the media
Beat it, freetards! Dyn to shut down no-cost dynamic DNS next month
... but don't worry, charter members, you're still in 'for life'
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.