UK mobile network Three passes 10 million customer milestone

Hutchison Telecommunications Hong Kong Holdings

16/03/2018 09:37

LONDON, March 16 (Reuters) - Hutchison Telecom's  0215.HK 
British mobile operator Three UK said on Friday its customer
base had risen 10 percent to more than 10 million subscribers,
helping its full-year revenue rise 7 percent to 2.43 billion
pounds ($3.4 billion).
    Three trails EE  BT.L , Telefonica's O2  TEF.MC  and
Vodafone  VOD.L  in terms of customer numbers, but it said its
network carries nearly a third of country's mobile data traffic
thanks to its popularity with heavy data users.
    It said data per customer grew by 7 percent to 6.8GB a
month, over 3.5 times the level of data used by the average UK
consumer.
    Chief Executive Dave Dyson said the company had passed the
10 million customer milestone in part thanks to new products 
like "Go Binge", which allows customers to stream Netflix and
other services without using their regular data allowances.
    Three said its core earnings for the year fell 2 percent to
702 million pounds as a result of investment in the
transformation of its network and IT systems.

      
($1 = 0.7158 pounds)

 (Reporting by Paul Sandle; editing by Sarah Young)
 ((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters
Messaging: paul.sandle.thomsonreuters.com@reuters.net))