Eircom’s Q2 earnings fall 6% to €361m

The former state telecoms firm, Eircom, saw its second-quarter earnings fall 6% to €361m for the three months to the end of December, compared with the same period in 2011.

Earnings before interest and tax fell by €10m to €119m for the period, despite a 7% improvement in operating costs to €157m.

Commenting on the results, Eircom Group CEO Herb Hribar, said: “The business continues to perform in line with expectations as we make progress to stem our customer losses, revenue decline and profitability erosion.