Eir sees earnings increase by €4m following price hikes

Eir sees earnings increase by €4m following price hikes

Eir increased prices by 8% starting in April with annual prices each April expected going forward. 

Telecoms company Eir has seen earnings increase by €4m in its latest quarterly financial update following a raft of price increases introduced in April.

Starting from April this year, Eir announced that it would be increasing the monthly prices of its services every year going forward to “combat significant inflation costs” across its operations. The annual increase is based on the Consumer Price Index published in the previous January, plus an additional 3%.

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