Everything Everywhere details first results

The newly merged mobile operations of UK operators T-Mobile and Orange, Everything Everywhere, reported 27.9 million subscriptions at end June, up 3.4 per cent year-on-year. EBITDA came in at  £309m, down from £379m in 2Q09 as service revenues decreased over the same period, mainly due to termination rates. Everything Everywhere confirmed that it will meet its synergy net present value target of at least £3.5bn.

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