O2 UK revenues stabilise in Q2

Thursday 31 July 2014 | 11:05 CET | News
O2 UK reported revenues of EUR 1.7 billion for the second quarter, up 4.4 percent year-on-year and 0.1 percent higher on an organic basis. Mobile service revenues were down 6.7 percent, but O2 said growth would have been 0.3 percent excluding regulatory effects, better than a 0.8 percent annual drop in Q1. OIBDA for the quarter decreased by 4.4 percent year-on-year to EUR 401 million, and the OIBDA margin dropped by 2.2 percentage points to 23.6 percent. Excluding restructuring costs and the sale of the fixed business, O2 said OIBDA was down only 0.6 percent. At the end of June, O2 UK had 24

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