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EE Q3 2013 results: 4G rises in a weak market - Venture Insights

Report Overview

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EE Q3 2013 results: 4G rises in a weak market

PublisherEnders Analysis.
Publish Date October 24, 2013
Sector Fixed Line (Internet and Voice), Mobile and Wireless Technology.
Company EE.

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EE’s 4G base continued to accelerate, with 8% of its contract subscribers now on a 4G plan less than a year after launch, and it should accelerate further with the launch of cheaper 4G handsets allowing much lower entry price points from next month

However, the market remains weak, with EE’s underlying growth still negative, and any benefits of 4G being more-than-countered by accelerating weakness in overage and prepay revenues

Firmer price increases are needed for full market repair, but these appear more evasive than ever with Ofcom’s recent decision severely restricting the scope for mid-contract adjustments