Three Ireland boosts market share as business picks up

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First-half revenues and earnings up as broadband and mobile network provider increases market share

Three said business levels picked up in the first six months of 2024 with revenues up 4 per cent over the same period last year to €309 million. Photograph: Bloomberg

After a difficult 2023 in which the company grappled with the impact of inflation on consumer spending and soaring energy prices, Three said business levels picked up and costs declined in the first six months of 2024 with revenues up 4 per cent over the same period last year to €309 million. Three said its share of the market in the Republic jumped to 46.5 per cent over the period from just under 46 per cent at the end of last year, having added around 600,000 customers compared to the same period in 2023. That brought its total customer base to 4.7 million at the end of June, driven, it said, by its continued expansion into the so-called internet of things and growth in its 5G broadband network.

 

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