EE Results for the Third Quarter of 2012
EE or as they were recently known Everything Everywhere has issued its quarterly results for the period ending 30th September 2012, and these reveal that the number of ADSL2+ customers continues to grow. The net additions in the quarter was 9,000 taking the customer base to 723,000 customers.
While an extra 9,000 customers looks small, the fixed broadband sector had a 12% year on year growth in revenue, driven in part by the increasing level of bundling of line rental.
With EE now launching superfast broadband, the likelihood is that customer retention will improve and attract new customers too. Their premium product offers up to 76 Mbps downloads, unlimited usage allowance, bundled off peak call and telephone line rental for £39 per month, which makes it slightly cheaper than the £40.60 per month for BT Infinity 2 when you bundle in the calls and line rental.
The launch by EE of its fibre products also means that O2 is now the last of the major providers to not be offering services utilising the Openreach network either via VULA or the BT Wholesale offering.
Update 15th February 2013 Changed link to EE results, as they had re-organised their website.