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Looking for a way out Sam Boal/Photocall Ireland

Eircom revenue plunges by €174m

Revenue and earnings down by 10 per cent and 16 per cent respectively as telecom company announces results to end of June.

EIRCOM HAS ANNOUNCED a double digit fall in revenues and earnings for the year to the end of June.

Revenues for the year to the end of June fell by €174m to €1.5bn, while the company’s earnings before interest adn tax fell by €104m to €542m.

The company continued to shed retail broadband customers but the number of mobile phone customers it had grew by 4 per cent to 1,076,000.

“The performance of the business continues to decline, but this was in line with our expectations. We must do more to retain our customers, stabilise our revenues and grow our profitability” said Herb Hribar, Eircom CEO.

He said that the telecoms market is witnessing intense competition from other operators, but that the company was endeavouring to do what it could to return to fortunes.

“Eircom will do more to fight for, retain existing customers and even win back former customers,” he said.

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    Mute Paul Mc
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    Oct 14th 2016, 6:14 AM

    To be fair greyhound are not noted for their generosity.

    121
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    Mute Robert James Behan
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    Oct 14th 2016, 7:48 AM

    Wally, You should go on hunger strike in solidarity with the refuse workers!

    33
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    Mute Billy Mooney
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    Oct 14th 2016, 8:14 AM

    Robert,

    How about you take a vow of silence instead?

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    Mute Alan Cooke
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    Oct 14th 2016, 8:19 AM

    @Billy Mooney:
    You really do talk rubbish.

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    Mute The Viking
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    Oct 14th 2016, 9:57 AM

    Another privatized service thats gone to profit driven companies.. Why people want to go this route with all public services is beyond me..

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    Mute stopit
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    Oct 14th 2016, 7:12 AM

    waste in this country is a disaster.

    DCC made a hames of privatisation and this coupled with the populist parties campaigning against charges or pay by weight have pushed us towards this crappy cartel.

    this wasn’t helped by the fact that he government seem incapable of launching new policies or services without some major balls up.

    because of this a huge proportion of our waste is now exported and our indigenous recycling industry (not the waste collectors) are unable to compete with incineration abroad.

    so we are losing jobs as well as the money that could have be created through recycling.

    granted, the government made a p

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    Mute stopit
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    Oct 14th 2016, 7:13 AM

    @stopit: last sentence was something about how pathetic FG/FF are. rant over.

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    Mute mursim
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    Oct 14th 2016, 8:48 AM

    It is time to renationalise waste collection services.

    These companies are criminal thieving gangsters.

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    Mute OnTheOutside
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    Oct 14th 2016, 10:36 AM

    “Dublin City Council is aware of reports of issues regarding waste collection in certain parts of the city and couldn’t give a fúck”

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    Mute Stephen Mc Grane
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    Oct 14th 2016, 6:25 AM

    That was a rubbish story

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    Mute Alan Scott
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    Oct 14th 2016, 12:51 PM

    It’s a pity that the private companies were allowed to take over for profit from the public service who were doing a great job on waste disposal. It’s a shame this story did not get the same attention as the water protest

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    Mute OnTheOutside
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    Oct 14th 2016, 4:56 PM

    @Alan Scott: Ah see the snakes got it in with there nice new shiny wheelie bins and conned us all.

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    Mute Pól Ó Conghaile
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    Oct 14th 2016, 12:03 PM

    Dread the day Greyhound comes out to DLR – i’ll be switching immediately

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