Everything Everywhere today outlined its brand strategy and 4G LTE network rollout plans. EE will become the new name of the Everything Everywhere business and its integrated network infrastructure. The company also plans, in the coming weeks, to launch EE as a superfast customer brand offering 4G mobile services and fixed fibre broadband, and it will open revamped EE-branded stores. The new EE customer brand will stand alongside the Orange and T-Mobile brands, both of which the company will continue to operate for new and existing customers.
London. 27 July 2012 – Everything Everywhere Ltd announces that its subsidiary Everything Everywhere Finance plc has priced a Euro bond offering for a total of €600 million.
Everything Everywhere made significant progress integrating the legacy businesses while driving commercial momentum in the first half of the year against a background of economic uncertainty, regulatory pressures and a highly competitive environment. We further improved the quality of our customer base, drove greater efficiencies in our operations, and continued to invest in our network, differentiating Everything Everywhere in our marketplace and underpinning our future growth and profitability.
The Board of Everything Everywhere Ltd has approved the payment of an additional dividend of GBP 250.0 million to the Company's shareholders, Orange Telecommunications Company Limited (the UK subsidiary of France Telecom) (GBP 125.0 million) and T-Mobile Holdings Limited (the UK subsidiary of Deutsche Telekom) (GBP 125.0 million) effective as per June 28, 2012.
Underlying service revenue growth driven by postpaid growth and smartphone penetration
Everything Everywhere Ltd announces that its subsidiary Everything Everywhere Finance plc has priced a Sterling bond offering for a total of £450 million.
Olaf Swantee, Chief Executive Officer of Everything Everywhere, commented: "Our focus on operational excellence has generated solid performance over the year as we accelerated network and organisational integration to deliver planned cost savings. As a result of network sharing and customer experience improvements, we are seeing good commercial momentum and are capitalising on the smartphone and data opportunity to drive underlying growth."
Everything Everywhere Ltd announces that its subsidiary Everything Everywhere Finance plc has priced a Eurobond offering for a total of €500 million.
Everything Everywhere, the UK's leading communications company, has announced new bank financing facilities of £875 million. The facilities comprise a term loan and a multicurrency revolving credit facility with maturities of between 3 and 5 years.
Everything Everywhere continued to make good progress in the third quarter, improving the value mix of our consumer mobile business and investing in our other businesses including fixed broadband, the Business Mobile market and machine-to-machine (M2M). We remain committed to the strategic priorities and targets set out in September 2010.