MMO2 cheaper calls fear



Loss-making mobile telecom operator MMO2 has warned sales growth will slow significantly as new call charges imposed by telecoms regulator Oftel kick in.

In a trading statement issued on Monday, the UK's fourth largest mobile telecoms operator reported strong growth in customer numbers and revenue in the past three months.



But it said the cheaper call charges imposed by Oftel will impact on its turnover in the second half of its financial year.



Earlier this year, MMO2 reported record losses of ?10.2bn - after massively overpaying for third generation licences at the height of the telecoms boom.



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