Vodafone and Hutch steal market share, but overall growth slows

12 Jan 2006

Australian cellcos Vodafone and Hutchison 3G (H3G) managed to steal a chunk of market share away from mobile market leaders Telstra and Optus over the Christmas holiday period, according to Citigroup estimates. The financial services company claims that more competitive mobile phone plans combined with higher handset subsidies boosted both operators’ share of customers during the fourth quarter, though it declined to give exact figures. It did say, however, that overall growth slowed in the period, with 516,000 new customers signed up in the three months to 31 December 2005, compared to 866,000 in the final quarter of 2004.