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EE Q3 2015 results: Strong subs, ARPU still weak - Venture Insights

Report Overview

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EE Q3 2015 results: Strong subs, ARPU still weak

PublisherEnders Analysis.
Publish Date October 29, 2015
Sector Fixed Line (Internet and Voice), Mobile, Mobile and Wireless Technology, Telecom.
Company EE, SKY.

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EE reported strong mobile contract net adds in Q3, after a string of weaker performances earlier in the year following the closure of Phones 4U and retirement of the Orange and T-Mobile brands.

Contract ARPU growth remained at -3.1%, keeping mobile service revenue in modest decline (-1.4%), a disappointing result in comparison to modest positive growth at its rivals in recent quarters, although improving subscriber numbers should start to bridge this gap.

Fixed broadband subscriber growth suffered in a competitive quarter, with EE unable to maintain momentum when faced with the launch of BT Sport Europe and corresponding increased marketing spend from Sky.29