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Wireless

O2 UK improves organic revenue growth to 2.6% in Q2

Thursday 27 July 2017 | 10:50 CET | News
O2 UK reported a steady improvement in results in the second quarter, with organic revenue growth of 2.6 percent compared to 2.1 percent in Q1. Parent company Telefonica said revenues totaled EUR 1.607 billion, down 6.2 percent on a reported basis due to the translation from pounds. Mobile service revenue was up 1.4 percent on an organic basis, helped by inflation-based price rises in April and higher average subscriptions, and handset revenues rose 7.6 percent on the same measure, driven by price increases due to the weaker pound. 

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Categories: Mobile & Wireless
Companies: O2 UK / Telefonica
Countries: United Kingdom
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