Tesco Mobile in the red despite sales passing ВЈ1bn

As known, don't worry about the fact that Tesco Mobile's sales in the last economic year exceeded ВЈ 1 billion, the company was in the red.

Hyper Market giants and providers, considered to be the total business of Virgin Media 02, have announced donations in 2023 in the 2023 ВЈ 449. 000 report.

Losses were later obtained, as the company took the advantage of ВЈ 83 million in 2022.

As a result, the profit of Tesco Mobile increased from ВЈ 969. 5 million in one year. This is due to the increase in the sales of premium mobile phones.

The statement of the board of the Board of Directors reports as shown on the right. "In the mobile communication market where the mobile phone market has been declining, the group has achieved the best achievements in 2023 in the highest competition."

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Tesco Mobile stated that "pressure from the market" and "change in customer behavior" decreased in prepaid departments, but actually repaid by lifting.

As a result, the number of subscribers in 2023 was 55. 18 million (54. 38 million).

The number of purchasers using postpay increased by 6, 2 % to 41 million, and the number of purchasers using fries was 9, 4 % to 15 million.

"The Group continues to expand its customer base, provides fresh, innovative products and fare systems to bazaars, and has its own mobile communication hypermarket in partnership with Tesco. We are aiming to keep applying. "

This is written in the message. "In early 2023, the group has successfully completed the transfer of customers from postpayment to new offer distribution platforms and online rates plan as part of the strong pulmonary vital capacity of the system reconstruction program."

Later, Tesco Mobile and Virgin Media 02 signed a signature to extend the joint venture contract at 50:50 until the end of January 2024, and obtained results.

The company was established in 2003 and became a comprehensive company in 2017. < SPAN> Don't worry about the fact that Tesco Mobile's sales of Tesco Mobile in the final year's fiscal year exceeded 1 billion pounds, the company was in the red.