Three clocks H1 wins but inflation bites earnings
UK operator Three’s revenue, customer and margin numbers for the first half of the year are all up, but EBITDA was down 19%, blamed largely on inflationary pressure.
Three’s revenue was up 4% to £1.23 billion YoY which it attributes to an increase in the active customer base, and net customer service revenue up was 8% to £816 million.
Margin was up 9% to £808 million, thanks to a 7% growth in active customer base, driven by new business areas such as B2B, SMARTY and
Read more »