Big rise in customers for smart Three
Wednesday 27 March 2013
Britain's fourth biggest mobile network Three claimed its "great smartphone experience" helped it to grab 900,000 new customers in the last year – a faster rate than bigger rivals EE, O2 and Vodafone.
Profits before exceptional items jumped to £281m, with sales up 9 per cent at £1.95bn. It was the second year in a row that Three has been in the black – before tax and interest payments – after years of losses.
The chief executive Dave Dyson said Three's decision to invest in up-grading its network with "ultra-fast" technology was winning more customers.
Three's subscriber base has climbed to over 9 million although it is still dwarfed by EE with 26.8 million, O2 on 22.9 million and Vodafone with 19.3 million.Average revenue per user fell 3 per cent to £21.19 a month but Three offset that through efficiencies. It is owned by Hong Kong's Hutchison Whampoa.
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