Telecommunications company eir has announced its first quarter results to September 30.

The boss of Eir says the telecoms firm remains committed to playing its part in introducing the national broadband plan, despite fears it has stalled.

Eir has said the moderate growth seen in the first half of its current financial year is keeping it on track to meet its annual earnings targets.

The schedule for the start of the Government-subsidised National Broadband Plan may slip further, as complex talks between operators and the Department of Communications about the nature of the tenders continues, the Eir chief executive has said.

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.

Eir has announced a €24m increase in operating profits to €505m in the year to June – that’s up 5% on the previous year.

The new sports channel Eir Sport has acquired the exclusive Irish rights to the 2019 Rugby World Cup.

Eir could establish a free-to-air TV channel in the coming years to better compete with the likes of RTÉ and TV3 for lucrative sporting rights, including competitive Irish soccer internationals.

Eir is willing to sign a binding commitment to deliver high-speed fibre broadband to 300,000 homes and businesses at the centre of a year-long tug-of-war between it and the government.

Taoiseach Enda Kenny’s decision to grant responsibility for the roll-out of “rural broadband” to the newly created Department of Regional Development, Rural Affairs, Arts, and the Gaeltacht looks to have created considerable inter-departmental confusion over the delivery of the National Broadband Plan (NBP).

Eir is one of the frontrunners for the lucrative National Broadband Plan contract.

December’s record wet weather resulted in Eir incurring storm costs of around €500,000, the company said yesterday.

Telecommunications company eir has bought Setanta Sports Channel Ireland Ltd for an undisclosed sum.

A remote rural parish famous for its copper mines is set to get wired for the future.

Eircom has unveiled its new identity as Eir and left behind the brand it had carried through good times and bad since 1999.

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

Eircom is on track to issue an IPO of its shares in the next two years after figures showed that the company’s fixed-line revenues had stabilised while sales from its mobile operations had increased.

Eircom is set to invest €18m in creating nearly 400 jobs over the coming five years in what will be the communications firm’s most significant recruitment programme for almost 30 years.

Eircom has launched apprentice and graduate programmes aimed at hiring 375 people.

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

Eircom has said its revenue for the quarter ended September 30 was down to €313m, or by €10m (3%) on the corresponding quarter last year.

The board of Eircom has appointed Richard Moat as the company's new CEO.

Eircom today announced that it has signed a five-year €80m exclusive agreement with software company Ericsson.

Eircom has said its chief executive Herb Hribar has decided not to renew his contract and is stepping down from his position.

Eircom has announced that its Chief Executive Officer, Herb Hribar, is to step down.

Eircom has scotched talk of it being taken over by US telecommunications giant, AT&T, with management saying there is no truth in the rumour.

Eircom is unlikely to formally update on progress being made on its future ownership review when it publishes its latest set of annual results on Friday.

Eircom’s revenues fell by 6%, year-on-year, in the first nine months of its current financial year, with underlying earnings down by 1%.

Eircom have continued to stabilise its finances after reporting earnings before interest, tax and depreciation of €119m - flat on the previous year.

Eircom is looking to change the terms of its existing lending agreements, saying that improving its debt maturity profile is the next step in securing the “sustainable and flexible long-term capital structure” of the business.

Eircom is ahead of schedule in terms of its long-term recovery plan, its management has claimed, despite its latest annual results showing further earnings and revenue declines.

Eircom has reported a drop in revenue for the three months to the end of December and a fall in earnings for the same period.

Herb Hribar is the latest in a long line of CEOs at Eircom, writes Kyran Fitzgerald. And as the company emerges from examinership and financial restructuring, he is seeking to get the former semi-State company back on its feet

Eircom Group today announced the appointment of Herb Hribar as group chief executive officer and Richard Moat as group chief financial officer.

Mobile phone giants Orange and T-Mobile today revealed plans to join forces in a tie-up which will create a new market leader in the UK.