T-Mobile has released financial figures for 2004 showng overall revenues up 10% to EUR25 billion, EUR7.7 billion of which it claimed as EBITDA.
The operator also said that customer numbers at T-Mobile International’s majority-owned subsidiaries increased in comparison with the previous year, from 61.1 million to 69.2 million. Net customer additions ran at one million higher than in 2003.
T-Mobile Germany added 1.1 million customers in the year, 75% of which were contract subscribers, bringing its total customer base to 27.5 million. The operation returned an EBITDA margin of 40%, the operator said,
T-Mobile UK was the group’s fastest growing European operation, with a 15.7% increase in customer numbers, a number which includes customers signed to the MVNO Virgin Mobile. EBITDA margin in the UK was up 7% to 31.5%, on revenues up just 1% at EUR4,344.
But it was the US operation which showed the most benefit, customer numbers increasing by 31%, and net revenues by 26.3%.