Eircom’s fixed-line telephone business continues to lose revenue

EIRCOM’S core fixed-line telephone business continues to lose revenue, new figures from the company reveal.

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.