View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 22, 2014

EE reaches 5.6 million 4G subscriptions

Regulatory cuts drop Q3 revenue by 1.2%.

By Ben Sullivan

Mobile operator EE has reached a 4G customer base of 5.6 million subscribers, a 1.4 million rise since the second quarter of 2014.

This makes the firm the largest 4G operator in Europe, well on the way to hittings six million 4G customer target by the end of 2014.

However, despite its 4G subscription expansion, EE’s third quarter results show operating revenue down is 1.2% to £1.52bn owing to regulatory cuts.

Mobile average revenue per user rose by 1.6% from the second quarter of 2014, with data services now worth 49% of that revenue.

Neal Milsom, Chief Financial Officer of EE, said: "We are delivering consistent underlying performance in a highly competitive environment while continuing to face significant regulatory pressure on our revenues.

"We are investing to further innovate on behalf of our customers by delivering not just the best network but also improvements in customer service, a range of attractive EE branded devices, Shared Plans, and soon EE TV."

But a report from Juniper Research has claimed that voice and messaging traffic lost to over the top messaging players such as WhatsApp and Skype have cost network operators nearly £9bn in revenues globally this year, up 26% from 2013.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.