Easy and difficult for Stelios
Source Investment and Business News
It was a good and a day bad for Sir Stelios.
14/11/2006
The bad day, because his EasyMobile phone company had news to shake even the famous optimism of Stelios Haji-Ioannou.
Danish Telecoms Company, TDC, has given up on the EasyMobile service. You will probably recall that this is the no frills SIM card only package. TDC has decided the concept just doesn’t work for the British consumer, and come December 13, will have pulled out altogether. But Sir Stelios has vowed to fight on, looking for a new partner.
Meanwhile, EasyJet has revealed a 56 percent rise in annual profits. New routes and more passengers helped make up for dearer fuel, as pre tax profits hit £129 millions.
tags: easyjet, easymobile, stelios