Telefónica 02 is now Europe’s second-largest mobile operator. It’s growing at a rate of knots, anticipating 340 million users by 2013. There’s nothing between it and second-placed Vodafone, which now connects 391 million customers and made a first-half profit of £6bn, despite a £450m writedown on its Greek business. Virgin Media is a minnow by comparison, but has had a storming year, capitalising on demand for its super-fast broadband and digital TV offerings. Top last year, satellite comms outfit Inmarsat is fourth, the subject of much take-over talk recently. It’s fifth place again for BT, whose £2.5bn fibre broadband network promises bumper times ahead. ‘We are investing when others are merely talking about it,’ says CEO Ian Livingston.
BMAC 2011 by sector: Telecommunications
|Cable & Wireless Communications||4.0||8||3.4||9||4.6||9||4.1||8|
|Cable & Wireless Worldwide||3.9||9||4.1||8||5.8||7||4.0||9|
|Telefónica 02 (UK)||8.0||2||7.4||2||7.4||2||7.6||1|