T-Mobile and Orange venture ahead of plan

 
Steve Dinneen
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EVERYTHING Everywhere, the newly formed entity following the joint venture of T-Mobile and Orange, said it has completed its merger integration ahead of plan.

It outlined ambitious plans to consolidate its position as the biggest network provider in the UK.

The firm announced in its second quarter results it has grown its contract customer base by 8.6 per cent year on year. It said Ebitda for the second quarter was £309m, with revenue growing one per cent.

Chief executive Tom Alexander said: “Everything Everywhere has made rapid progress in the six months since incorporation, with a strong leadership team in place and a clear strategy based on transforming the market through network leadership.

“We have identified in excess of £3.5bn of synergies, allowing us to further invest in our networks and building our customer offer.”