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Everything Everywhere Reports Mixed Q2 Results

The Orange T-Mobile joint venture Everything Everywhere has reported record smartphone sales in the second quarter, although its customer base dropped slightly.

The company said that as much as 85 per cent of new contract customers had opted for a smartphone. The figure was up from 84 per cent in the first quarter and 64 per cent a year earlier.

Everything Everywhere, the largest mobile phone operator in the UK, said that its revenue from mobile services increased by 2 per cent year-on-year. The company also claimed it had added 236,000 new customers during the quarter.

The company reported that around 1.2 million pre-paid customers had defected while it had added 880,000 contract customers.

“The first half of 2011 was a period of good progress for Everything Everywhere. Leveraging our unique strengths and market leadership, we are delivering on our strategic plan set out in September 2010 and are ahead of plan with our synergy capture,” said Tom Alexander, CEO of Everything Everywhere.

“We are investing in building the best network experience for our customers and in creating platforms for growth,” he continued. Alexander had earlier announced his departure from the company but remained positive about its future growth.