O2 UK posts a rise of 10.4% in Q4 revenues
O2 UK has added more than 390,300 new subscribers at the end of 2008, totals the subscriber base to 19.47 million. In the prepaid segment, the net additions were 213,000 and accounted for 60.9% of the subscriber base in the fourth quarter.
O2 said it had a strong year for contract customer growth, adding almost 800,000 postpaid users over the full year and increasing the postpaid share to 39.1% of the subscriber base. The incumbent further said, ARPU fell 1.7 percent year-on-year in local currency in Q4, due to declines in both prepaid and postpaid voice ARPU. The quarterly revenues experienced a rise of 10.4% year-on-year in local currency, and OIBDA was up 12.3%.
