Eir has hailed a significant milestone in revenues and earnings growth and predicted that questions hanging over its future ownership or plans for an IPO of its shares on stock markets will likely subside for the next few years at least.

The Irish subsidiary of US multinational private equity fund Blackstone paid out an interim dividend of €30m last year as its profits increased.

Eircom is set to build on its performance recovery by undertaking a rebranding exercise, which is set to be unveiled this month.

A number of parties are believed to have expressed interest in acquiring Greenstar — the largest waste management firm in the country which went into receivership last week.

Waste management firm Greenstar has vowed it will be business as usual for its 95,000 customers despite a receiver being appointed.