Mobile giant O2 (owned by
Telephonica) has just released its latest
According to the company's calculations, the fixed line
broadband side of the business continued to see a subscriber base
decline - losing 2,500 customers
(BE's number is also included).
This means that as of now, the total fixed line UK customer
number reaches a new total of 617,800.
Having said that, this loss is actually an improvement if you
were to compare it to the Q4 and
Q3 of 2011 numbers, where O2 lost 5,000 and 27,600
Telefonica said in a statement, supporting the
"The company continued its focus on the retention and
acquisition of high-value smartphone customers, which, coupled with
the on-going success of its smartphone tariffs, drove strong
contract base growth and positive contract churn
"Revenues totalled 1,719 million euros in the three months
to March 2012 (-6.0% yearon-year) impacted by a difficult trading
environment and regulation.
"Excluding the impact from mobile termination rate cuts,
revenues would have decreased 3.0% year-on-year in the first
quarter, stabilising its year-on-year trend."
O2 is currently concentrating on wireless broadband services and
it recently started blanketing all of the UK Costa Coffee shops
Meanwhile, leading ISPs such as BT, Virgin Media,
TalkTalk, Sky and others have started providing fibre
optic broadband, which probably sucked out a fair amount of O2's