T-Mobile revenues 'rise'

9 May 2008

Revenues in the first quarter at T-Mobile UK have risen compared to last year, the firm has confirmed this week.

In the opening three months of 2008, these revenues stood at £801 million, up by 2.6% on the same time in 2007, it revealed.

Moreover, the organisation's base of customers grew by 2.3% to 17 million people in total.

Chief Executive of T-Mobile UK Jim Hyde stated that the industry is a difficult one but the outfit has shown determination to try and come through this.

"We have not chased growth at any cost, but have focused on attracting quality customers and building customer satisfaction through continued innovation and superior value," he claimed.

But the company that owns T-Mobile, Deutsche Telecom, did not fare as well in the quarter and saw lower sales in various areas such as the broadband sector.

T-Mobile was founded in 1990 and used to be called One 2 One in the UK. It sits behind O2 and Vodafone in terms of subscribers.

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