Telecoms giant Everything Everywhere is happy with the progress made during 2010, its first year in existence.

Tom Alexander, Chief Executive Officer of the company - which was formed last year by the UK merger of internet service providers Orange and T-Mobile - had enjoyed "a year of achievement".

"We continued the rapid integration of the new company, completing a companywide restructuring and maintained good commercial momentum throughout, with improved retention and growth on our contract customer base," he stated.

Mr Alexander said that despite continued regulatory and competitive pressures, Everything Everywhere has enjoyed a strong end to 2010, with T-Mobile showing "a greatly improved performance".

He added that the firm's continued cost management has allowed it to invest in contract customer growth across both the Orange and T-Mobile brands.

"The strategy for T-Mobile was to focus on costs and profitability, in contrast to Orange's customer growth strategy," Mr Alexander explained.

"These strategies are now aligned, with a continued focus on costs coupled with a drive to invest in contract customer growth on both brands."