Ireland’s eir saw sales and earnings tick up in its latest full-year financial report as it looks to push converged services to its customer base.

The operator reported underlying revenue up one percent to €1.32 billion in the year to the end of June.

Sales of fixed line services were broadly flat at €993 million despite adding 6,000 customers in the final quarter and 42,000 over the year as a whole.

Its subscriber base now stands at 896,000 but growth was largely thanks to the operator's wholesale business, which jumped by 47,000 to 452,000 overall.

In contrast, the number of retail lines fell by 5,000 during the year to hit 444,000.

Excluding regulatory factors, eir’s mobile arm reported revenues that were also broadly flat at €359 million.

The company added 1,000 customers, taking its mobile subscriber base over the 1.06 million mark.

Last week, eir formally ditched its pre-pay brand Meteor, bringing it under the wider eir Mobile moniker, as it looks to focus on quad-play.

[Read more: We’re a brand of possibility, says eir CMO, as quad-play sees off Meteor]

EBITDA increased four percent in the year to €520 million, while the operator managed to trim opex by five percent to €490 million.

Richard Moat (pictured), CEO eir, said: “This has been another year of continued progress for eir.

“We continue to focus on our convergence strategy to provide seamless connectivity to customers across all devices, and we are doing more than any other operator to connect the people of Ireland, having spent over €1.6 billion on our fixed and mobile infrastructure in the last five years.

“Our continued product innovation and sustained network investment has ensured that we retain our position as the leading broadband, telecommunications and media company in Ireland.”

More News

BT, Huawei go back to university with £25 million Cambridge partnership BT, Huawei go back to university with £25 million Cambridge partnership BT and Huawei are establishing a new research group at the UK’s University of Cambridge. More detail
Telia hopes for divine investment after serving Uzbek penance Telia hopes for divine investment after serving Uzbek penance Telia has said it is hopeful The Church of Sweden will once again become an investor after the operator fell foul of its asset management guidelines. More detail
Iliad reports Q3 revenue rise, keeps quiet about Italian launch Iliad reports Q3 revenue rise, keeps quiet about Italian launch France’s Iliad registered a rise in revenues in the three months to 30 September but kept the market guessing about an upcoming launch in Italy. More detail
Bouygues becomes latest operator to up profitability guidance Bouygues becomes latest operator to up profitability guidance Bouygues Telecom has upped its EBITDA margin target for the year as it registered revenue and profit growth in its latest financials. More detail
TalkTalk registers loss as it preps new mobile offer TalkTalk registers loss as it preps new mobile offer TalkTalk made a net loss in its latest financial results as it prepares to launch a new mobile proposition. More detail
    

@eurocomms