T-Mobile and Virgin ring up growth
Wednesday 28 January 2004
T-Mobile and Virgin Mobile announced strong customer growth figures yesterday despite remaining embroiled in a dispute over the future ownership of their UK joint venture.
T-Mobile saidits UK customer base had grown by 1.2 million customers in the fourth quarter, giving a total customer base of 13.6 million. Of that growth, 506,448 were new customers to Virgin Mobile, which is a 50/50 partnership between the two companies with Virgin using the T-Mobile operating network to connect its customers.
Virgin said the performance of its brand made it the fastest-growing UK mobile business over the past two years, citing figures from Ofcom, the telecoms regulator, which showed it had grown 28 per cent in the 24 months to 30 September, 2003.
T-Mobile's overall performance in the UK came after a radical overhaul of how it calculated its customer numbers in the first half of last year, when it cleaned out large numbers of dormant customer accounts.
The German-owned business also said its US operations had enjoyed strong year-on-year growth with customer numbers up 3.2 million to 13.1 million. Total T-Mobile customer numbers across all its international markets rose 13 per cent to 61 million in 2003.
T-Mobile and Virgin have been arguing about the future of their UK joint venture since last year. However, an out of court settlement now looks likely, with full ownership expected to end up in the hands of the Virgin Group.
- 1 Boston Marathon runner's search for mystery man she kissed ends with letter from his wife
- 3 Frankie Boyle on Scottish independence: 'In the Interests of Unity, F**k Off'
- 4 How to gain confidence and maximise your sexual potential
- 5 Chinese theme park sets up 'death simulator' where volunteers can experience being cremated
Saudi Arabia's King Salman sacks senior aide for 'slapping' a journalist behind him live on TV
Boston Marathon runner's search for mystery man she kissed ends with letter from his wife
Frankie Boyle on Scottish independence: 'In the Interests of Unity, F**k Off'
Italian police 'reveal' what Jesus looked like as a young boy
Florida couple forced to register as sex offenders for having sex on public beach
In defence of liberal democracy
General Election 2015: Post-election 'shambles' looms as 70 per cent of voters say SNP 'should not be able to veto UK government policies'
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
iJobs Money & Business
£60000 - £70000 per annum + benefits : Ashdown Group: A highly successful, glo...
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
£27 - 35k + Bonus + Benefits: Guru Careers: A Management Accountant is needed ...
£40-50k + Benefits.: Guru Careers: A Project Manager / Business Analyst is nee...