Eir earnings rise by €22m after reducing operating costs 

Eir said it now has 962,000 broadband customers, 1.1m mobile customers and 78,000 TV customers. Picture: Maxwells

Telecoms firm eir saw its revenues decline by €25m in the year up until the end of June but increased earnings by €22m after reducing operating costs.

The company said its results for the full year were in line with expectations. Full-year reported revenue declined by 2%, while adjusted earnings before interest increased by 4% and operating costs were reduced by 7%. Eir said it held a strong cash position of €255m at the end of June.