Eir's second quarter revenues and earnings dip

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Eir said its underlying revenue for the second quarter came to €296m, down by 3% on the same time last year, while its underlying EBITDA fell by 12% to €141m.

It noted that revenue growth in postpay, National Broadband Plan access and bundling, as well as the addition of revenues from Evros was offset by a reduction in traditional access, traffic, content, roaming and build to suit network revenues as well as the sale of Tetra joint venture.

In today's results statement, Eir said that 2 million premises are now passed by the country's largest fibre network, or 87% of premises in Ireland. 864,000 premises are now passed with FTTH across Ireland, up 28% on the same time last year. The company also said its total mobile customer numbers rose by 6% to 1.26 million, with the number of postpay customers up 10% to 935,000. It noted that 74% of its mobile base is on postpay.

 

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