EE scraped a double digit increase in earnings before interest depreciation and amortisation (EBITDA) in 2013, as a cost cutting program offset declining revenue.
The last thing Orange, SFR, Bouygues Telecom and even Iliad need is to kill the golden goose of LTE. No one in the industry will thank Iliad if LTE suffers due to its rather audacious approach.
Joining other leading European executives in calling for telecoms market consolidation, 3 UK CEO David Dyson said the UK could operate with just three mobile networks under the right circumstances.
If you are a 3 UK customer and have recently bought an LTE device such as an iPhone 5s, you may find yourself unexpectedly able to access LTE networks, depending on where you live.
Bosses of the UKs four mobile network operators were summoned to meet Prime Minister David Cameron this week as the UK coalition government attempts to prove it is making efforts to bring down the cost of living amid soaring energy prices.
Vodafone UK was raked over the coals by regulator Ofcom this week for being the only one of the country's four mobile network operators to miss its coverage obligations by the end of June.
UK telecoms regulator Ofcom has come down hard on the market's mobile network operators, first saying they should allow users to exit their mobile contracts without penalty if the monthly tariff increases and then announcing plans to review 3G coverage after its latest figures show shockingly low levels of coverage for 3G data services on Britain's roads.
UK mobile network operators Vodafone, Telefónica's O2, EE and Hutchison Whampoa's 3 UK face a possible fivefold hike in the fees they pay to use 900 MHz and 1800 MHz spectrum for 2G, 3G and now LTE services, if proposals by regulator Ofcom are implemented next year.
UK consumers have been waiting months for an LTE rival to come along and wipe the smug smile off EE's face, and now it seems they will have as many as two more to choose from as of Aug. 29--although London residents look set to be the first main beneficiaries of this embarrassment of riches. Let the battle commence!
Li Ka-Shing, the billionaire owner of Hutchison Whampoa, said he plans to increase his market share in telecommunications in Europe--and could also use depressed prices in the region to seek suitable acquisitions. Li's eagerness to expand his 3-branded telecommunications business is largely driven by slowdowns in other areas of his sprawling business empire, including in real estate in Hong Kong.