O2 boost for customers

THE mobile phone operator O2 plans to cuts its prices for pre-paid customers after a 28% rise in interim earnings.

The company, which is owned by British firm MMO2, reported earnings before interest tax, depreciation and amortisation of goodwill of €147 million for the six months to end September, up from €114m a year earlier.

At a pre-tax level, profits fell from €54m to €43m as a result of higher interest charges paid to the parent company.