Everything Everywhere confirms 4G upgrade

More than €1.75 billion has been pledged to improve the Orange and T-Mobile networks over the next three years.

Their owner, Everything Everywhere, which was formed by the two brands' merger in 2010, has promised to roll out superfast 4G technology to allow its UK customers to download music and films to their phones at office computer speeds.

The company has trialled the new technology in and around St Newlyn East in Cornwall, and it will bid for coverage in auctions later this year.

Everything Everywhere recently posted pre-tax profits of €1.66 billion - up 12 percent - thanks to increased demand for iPhone and BlackBerry smartphones.

CEO Olaf Swantee said it has benefited from a general switch to higher-revenue deals, with 48 percent of all customers now on contracts. Its customer base increased by 72,000 in the final quarter of last year.

More News

eir zero-rates Facebook, Twitter and Instagram data on mobile eir zero-rates Facebook, Twitter and Instagram data on mobile Ireland’s eir is to zero-rate data for consumers using Facebook, Twitter and Instagram. More detail
M&A in telecoms stabilises, execs turn attention to deals in new sectors M&A in telecoms stabilises, execs turn attention to deals in new sectors Digital disruption and changing consumer preferences are driving telecoms executives to consider M&A deals outside of the sector, according to new research. More detail
Blanket cloud is good news for tech providers, says Gartner Blanket cloud is good news for tech providers, says Gartner Technology providers will increasingly be able to assume that their customers are using cloud capabilities as corporate "no-cloud" policies disappear, Gartner has said. More detail
TDC sells enterprise-focused Swedish unit to Tele2 TDC sells enterprise-focused Swedish unit to Tele2 TDC has sold its Swedish arm to Tele2 as it looks to focus its resources on Denmark and Norway. More detail
Telia finally divests Yoigo, plans to acquire Finnish fixed-line operator Telia finally divests Yoigo, plans to acquire Finnish fixed-line operator Telia has announced two disposals and one acquisition as it looks to strengthen its balance sheet. More detail