Thanks to LTE, Three in the UK is seeing good revenues

The fourth largest carrier in the UK, Three, is seeing a return on its aggressive implementation of LTE service and 4G tariffs (rate plans). All-in-all, not a bad showing for an initiative that just started in December.



Operating profits have doubled from £101 million to £207 million and total revenues have topped £2 billion. For 2013, Three added 565,000 new customers. That seems small compared to the types of reports we see in the US, but it is handsome growth for a carrier with a total of 8 million customers.



LTE service is up and running in 36 markets and coverage is expected ...