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Wireless

3 Group doubles EBIT in 2012

Tuesday 26 March 2013 | 10:57 CET | News
The 3 Group reported revenues up 3 percent in 2012 to HKD 58.71 billion, while EBITDA improved 15 percent to HKD 9.21 billion. The mobile operator's EBIT doubled, to HKD 3.15 billion from HKD 1.57 billion in 2011. Parent company Hutchison Whampoa said the strong improvement was thanks to leading positions in the smartphone and mobile data segments. 3 posted double-digit revenue growth in most countries, with the UK up 9 percent and only Denmark lower, down 10 percent. The group's customer base rose 9 percent in 2012 to 23.519 million at year-end, including 648,000 net additions in Q4 alone,

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Categories: Mobile & Wireless
Companies: 3 Group / Hutchison Whampoa
Countries: Europe
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