O2 gains pace on market leaders

O2 IRELAND continues to gain pace on rivals Vodafone and increased its customer base to more than 1.6 million and revenue by 4.5% to €237m in the three months to the end of June, compared to the same quarter last year.

O2, which is now owned by Telefónica, said the average customer bill for the period was €46.70, up 5.6% from €44.20 in the first three months of this year.

Customer numbers at O2 are up 2% compared with the same period last year to 1.631 million and 13,800 new post-pay customers were added in the quarter.