EE on track to beat 4G targets

Mobile phone group EE says it is set to beat its target for one million 4G customers by the end of the year

Mobile phone operator EE is on track to beat 4G targets
Mobile phone operator EE is on track to beat 4G targets

Mobile phone group EE says it is set to beat its target for one million 4G customers by the end of the year.

The firm, which operates the Orange, T-Mobile and EE brands in the UK, said it had 687,000 4G customers at the end of June, up from 318,000 since March after rolling out the superfast service to cover nearly 60% of the population.

EE posted a 9% rise in underlying earnings to £734m for the first half of the year, despite a 4.9% fall in its service revenues, which it blamed on regulatory changes affecting charges levied on other networks to call its customers’ phones as well as EU roaming charges.

The group said it was benefiting from surging demand for higher value mobile phone contracts, including those on its 4G network, with 216,000 contract customers added in the second quarter on a net basis – those joining less those leaving. But it lost 671,000 pay-as-you-go customers in the three months to June 30.

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