Eircom’s fixed-line telephone business continues to lose revenue
Overall revenues for the first quarter of its financial year to the end of June were down by €3 million to €399m. However, revenues from phone call traffic were down 8% on the same period last year at €196m.
The number of retail traffic minutes the amount of time spent on phone network was down from 3.07 billion minutes a year ago to 2.71 billion at the of June. The fall is believed to be from consumers using their mobile phones more often.
