Eircom revenues fall 3% year-on-year

Eircom yesterday reported reduced revenues of €313m for the first quarter of the financial year — a 3% year-on-year decrease.

The company attributed the fall to reductions in its fixed line business, which eroded gains made in the mobile market.

Earnings also suffered in the three months to the end of September, with EBITDA down 6% due to planned investment in subscriber growth, the company said, adding that the figure was in line with expectations.