Ireland’s eir saw sales and earnings tick up in its latest full-year financial report as it looks to push converged services to its customer base.

The operator reported underlying revenue up one percent to €1.32 billion in the year to the end of June.

Sales of fixed line services were broadly flat at €993 million despite adding 6,000 customers in the final quarter and 42,000 over the year as a whole.

Its subscriber base now stands at 896,000 but growth was largely thanks to the operator's wholesale business, which jumped by 47,000 to 452,000 overall.

In contrast, the number of retail lines fell by 5,000 during the year to hit 444,000.

Excluding regulatory factors, eir’s mobile arm reported revenues that were also broadly flat at €359 million.

The company added 1,000 customers, taking its mobile subscriber base over the 1.06 million mark.

Last week, eir formally ditched its pre-pay brand Meteor, bringing it under the wider eir Mobile moniker, as it looks to focus on quad-play.

[Read more: We’re a brand of possibility, says eir CMO, as quad-play sees off Meteor]

EBITDA increased four percent in the year to €520 million, while the operator managed to trim opex by five percent to €490 million.

Richard Moat (pictured), CEO eir, said: “This has been another year of continued progress for eir.

“We continue to focus on our convergence strategy to provide seamless connectivity to customers across all devices, and we are doing more than any other operator to connect the people of Ireland, having spent over €1.6 billion on our fixed and mobile infrastructure in the last five years.

“Our continued product innovation and sustained network investment has ensured that we retain our position as the leading broadband, telecommunications and media company in Ireland.”

More News

Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services has expanded its work with Dobroflot by developing a customised IoT solution for the Russian fishing company. More detail
Proximus taps into eSports with ESL, Pro League deals Proximus taps into eSports with ESL, Pro League deals Proximus is the latest European operator to catch the eSports bug, signing two exclusive deals to help promote the video game trend in its home market. More detail
Telecom Liechtenstein taps Sunrise for converged offering in Switzerland Telecom Liechtenstein taps Sunrise for converged offering in Switzerland Telecom Liechtenstein has added mobile services to its existing enterprise offering in Switzerland after striking a deal with Sunrise. More detail
Iliad appoints new executive team after “lower than expected” Q1 financials Iliad appoints new executive team after “lower than expected” Q1 financials Five new c-suite executives have been charged with “stepping up the pace” at France-based Iliad after sales dipped at its fixed-line division in the first three months of the year. More detail
Colao says ciao to Vodafone after a decade in the hotseat Colao says ciao to Vodafone after a decade in the hotseat Vodafone Group CEO Vittorio Colao is calling it quits and stepping down in October. More detail
    

@eurocomms