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mmO2 ups revenue growth forecast

Mobiles - mmO2 upbeat
Mobiles - mmO2 upbeat

Mobile operator mmO2 has raised its forecast for UK revenue growth for the six months to the end of September.

In a trading statement, the company said UK revenues would grow by 9-12%, compared with previous estimates of 7-10%, driven by growth in its customer base and higher average revenue per user.

The company said O2 Ireland would report 'further steady growth' in earnings and revenues, and that its German business was also growing strongly.