The European and US operations of T-Mobile reported a growth of 2.4 per cent to €35.6 billion in 2008. Its US subsidiary headed the score table with a 13.5 per cent lift in revenues. Central and Eastern Europe both remained growth drivers with an increase of 10 per cent, while the UK revenues fell by more than two per cent--blamed upon fierce competition.
But behind these mildly encouraging figures was the admission from the company that the Google G1 phone and a surge in mobile broadband sales had saved the results from being very much worse. In the UK the G1 was credited with being the best selling handset launched in 2008 and accounted for 20 per cent of all contract sales, while mobile broadband revenues were up an astonishing 250 per cent on the previous year.
At a European level, data revenues (excluding messaging) climbed nearly 45 per cent to €1.4 billion in 2008, chiefly due, according to T-Mobile, to innovative devices such as the 3G iPhone in Europe and the Android-based G1 that was launched in the US and the United Kingdom in October.
For more on this story:
Mobile Today and Cellular News
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