Higher costs hit Virgin Media as earnings decline

📆 30/07/2023 06:30:00
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Telecoms and broadband provider reports slight decrease in revenues as number of mobile subscribers rises

Virgin Media Ireland has recorded a decline in subscribers despite the number of homes in which its services are available continuing to rise.

The telecoms and broadband provider has recorded turnover of €113.7 million for its second quarter, down 0.4 per cent on an annual basis, with an increase in mobile subscribers partly offsetting lower fixed revenues.

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