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Sasko Lazarov/Photocall Ireland

High-speed broadband could be Eircom's saviour

The company has slowed the long-term slide in its revenues.

EIRCOM HAS STEMMED the near-terminal decline in its revenue with growth in the company’s mobile and broadband businesses partially making up for the mass exodus of fixed-line phone customers.

The former state telecoms provider said its revenue for the most-recent quarter was down slightly on the same time last year but the rate of decline “continues to improve”.

The company took in €311 million for the three months while it also continued to trim operating costs - included taking a 17% slice out of its pay bill.

Eircom said it added 18,000 broadband customers in total over the period with 40,000 extra clients joining its high-speed fibre network.

Eircom3 Eircom Eircom

That network had now passed over 1.2 million premises, or over 50% of the country’s total, meaning about 20% of those with access to its fibre offering had signed up for the service.

Revenue from the company’s mobile business was also up 5% to €87 million, 28% of its total income, after it added 9,000 postpaid customers for the quarter.

Eircom2 Eircom Eircom

The bad news

Despite the pick-up in some parts of its trade, Eircom’s total revenue continues to drop as thousands of fixed-line customers ditched the provider each month.

It lost 21,000 clients on retail lines over the past three months and 66,000 compared to the same time in 2014.

Eircom1 Eircom Eircom

The company has also cut about 30% from its staff numbers with full-time equivalent headcount falling from 4,929 to 3,430 for the latest quarter.

Its earnings before deductions were up 8% to €120 million over the past three months, but figures for the same period in 2014 suffered from one-off storm-related costs.

Eircom CEO Richard Moat said the results were “highly encouraging” with the company’s revenues stabilising and its fibre broadband rollout continuing “at pace”.

The company, which was recently rated one of Ireland five least-favourite businesses, also said it had trimmed its number of open complaints from over 1,000 six months ago to less than 150.

READ: These are Ireland’s most viewed YouTube videos >

READ: The EU’s proposal for a single digital market has an unlikely supporter >

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66 Comments
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    Mute John Judd
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    Aug 30th 2018, 8:07 AM

    I love how online news outlets try to spin this as a decision taken because she is Chelsea Manning, when you actually read the article she was refused due to having a criminal record and not meeting the minimum criteria set out in their migration act.

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    Mute Ivan Connolly
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    Aug 30th 2018, 8:13 AM

    @John Judd: I think it’s a little more nuanced than that.

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    Mute Cú Chulainn
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    Aug 30th 2018, 8:21 AM

    @John Judd: I think you’ll find that’s nonsense, many celebrities have had no difficulty entering Australia despite having criminal convictions, this can obviously be overlooked when convenient. And of course, also used by the Australian authorities when convenient.

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    Mute Sean Conway
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    Aug 30th 2018, 9:53 AM

    @John Judd: That’s funny considering they’re mostly descended from ex prisoners themselves.

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    Mute nick_d
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    Aug 30th 2018, 1:20 PM

    @Ivan Connolly: yes it is more nuanced. He committed treason against the US.

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    Mute John Judd
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    Aug 30th 2018, 2:14 PM

    @nick_d: use the correct pronoun !

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    Mute nick_d
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    Aug 30th 2018, 6:03 PM

    @John Judd: I apologise for my mistake, I didn’t realise you are the grammar police

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    Mute Genius 80s+
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    Aug 30th 2018, 7:51 AM

    A lot of governments don’t like facts being out in the open including Ireland

    170
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    Mute Cú Chulainn
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    Aug 30th 2018, 8:14 AM

    @Genius 80s+:It’s unclear if they’re afraid of the ideas she may put forward or LGBT issues, both arguments are equally ridiculous.

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    Mute John Mullin
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    Aug 30th 2018, 8:53 AM

    @Genius 80s+: ….especially Ireland!

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    Mute Sean Conway
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    Aug 30th 2018, 7:42 AM

    Australia don’t respect the aboriginals. so what would you expect?

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    Mute Walt Jabsco
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    Aug 30th 2018, 9:01 AM

    @Sean Conway:
    And some of the worst offenders when it comes to abuse of Australian aboriginals were our own early exports.

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    Mute BarronVonVaderHam
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    Aug 30th 2018, 9:43 AM

    @Walt Jabsco: that’s the intention when you round up criminals to start a colony

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    Mute Clear And Graphic
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    Aug 30th 2018, 8:16 AM

    I’m guessing the USA had a hand in influencing Australia to deny her visa. They don’t want her going abroad speaking up if they can help it.

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    Mute Ronan Gallagher
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    Aug 30th 2018, 8:47 AM

    @Clear And Graphic: criminal record = no visa. Standard

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    Mute Cú Chulainn
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    Aug 30th 2018, 9:20 AM

    @Ronan Gallagher: Except… if that were true then half the worlds celebrities, rappers, movie stars etc. wouldn’t be allowed to enter Australia. Everyone from Paul McCartney to Will Smith would be barred, and clearly that just doesn’t happen, or at least very selectively.

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    Mute Ronan Gallagher
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    Aug 30th 2018, 9:23 AM

    @Cú Chulainn: the crimes he committed are very serious though. National security

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    Mute Terrence Edwards
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    Aug 30th 2018, 9:33 AM

    @Ronan Gallagher:

    Crimes ‘she’ committed.

    And not really, it was a public service. Celebs with domestic assault, rape and drugs charges are allowed in to perform or film, why single her out?

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    Mute Cú Chulainn
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    Aug 30th 2018, 9:59 AM

    @Ronan Gallagher: That’s somewhat subjective. While some in the American intelligence community may consider people like Chelsea Manning and Edward Snowden among the worst criminals possible, others, myself included, consider that they risked their lives to reveal a this dreadful invasion of privacy upon us all. For years much of it was suspected and those who put it into words were often accused of being cooks, conspiracy theorists, madmen. It turns out they were not only right but it went much further than even they suspected.

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    Mute worldpeace
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    Aug 30th 2018, 2:20 PM

    @Cú Chulainn: risk their life or risk the country and its citizens lives?

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    Mute Bán
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    Aug 30th 2018, 8:46 AM

    Funny ol’ world we live in. She’s convicted of the crime of leaking data including the horrific Collateral Murder video. While the events in that video with soldiers killing unarmed people from an attack helicopter are labelled “possible crimes”.

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    Mute Jonathan Byrne
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    Aug 30th 2018, 7:53 AM

    Wow the journal won’t let the aldi article have any comments?

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    Mute Darren McCormack
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    Aug 30th 2018, 8:07 AM

    @Jonathan Byrne: Lidl?

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    Mute Crocodylus Pontifex
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    Aug 30th 2018, 10:16 AM

    Chris Brown, Floyd Mayweather Jr, Julien Blanc, Snoop Dogg, David Irving, Tyler The Creator, Jeff Allen,all denied visas by Australia. Can’t fault a country for sticking by its rules.

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    Mute Shanley Mac
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    Aug 30th 2018, 7:35 AM

    Wow. She’s hot…

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    Mute Genius 80s+
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    Aug 30th 2018, 7:53 AM

    @Shanley Mac: and I thought the new lgbgt gti Ireland was tolerant,or is this just to try and discredit from what the story is about

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    Mute Shanley Mac
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    Aug 30th 2018, 2:00 PM

    @Genius 80s+: Ireland is not LGBT tolerant. Prejudice is rife. I am a huge fan of Chelsea Manning. She’s the bravest of the brave, risking death by firing squad in order to tell the truth of crimes perpetuated by the surveillance and warring community in the U.S. Her gender and lifestyle choices are of no consequence to me nor should they be. She did her work. She served her debt to that society. And now she should be allowed to tell her story in full.

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    Mute Johnno Byrne
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    Aug 30th 2018, 3:42 PM

    @Genius 80s+: if you’re born a man, you’re a man. Saying you think otherwise doesn’t change your chromosomes

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    Mute Jonathan Byrne
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    Aug 30th 2018, 7:50 AM

    So where not gonna focus on the illagility reasons then

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    Mute Walt Jabsco
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    Aug 30th 2018, 9:02 AM

    @Jonathan Byrne:
    What’s “Illagility”? Is it when you’re clumsy?

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    Mute BarronVonVaderHam
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    Aug 30th 2018, 9:34 AM

    @Walt Jabsco: what is it doctor? …It’s your agility..It’s ill, you have illiagility, there’s no cure! €60

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    Mute Jonathan Byrne
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    Aug 30th 2018, 10:45 AM

    @BarronVonVaderHam: if only my withisism was a strong as yours, without the need for punctuality. . ( I sure hope I spelt that right, for the message to have meaning)

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    Mute scwazrh
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    Aug 30th 2018, 9:07 AM

    Is the irony of Australia not allowing a criminal in lost on everyone

    35
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    Mute BarronVonVaderHam
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    Aug 30th 2018, 9:37 AM

    @scwazrh: There’s no criminals in van diemans land.

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    Mute Martin
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    Aug 30th 2018, 8:44 AM

    Imagine if Australia had let Manning in , no questions asked. This would leave them open to abuse and ridicule from those who had been denied entry. To be fair on the Aussie’s. This is the only decision to take. Having said that, there is an excellent chance that Manning will be granted entry anyway.

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    Mute Paul O Connor
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    Aug 30th 2018, 9:54 AM

    Why are these events booked before the speaker has a visa? Get the visa first then book venues. Maybe that’s a reason why immi departments don’t like some of these speakers, they automatically assume they’ll get a visa.

    18
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    Mute nick_d
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    Aug 30th 2018, 1:18 PM

    HE was in prison for treason which is a little bit worse than being a bad actor or singer. Good for Australia to actually enforce their rules.

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    Mute Austin Rock
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    Aug 30th 2018, 11:12 AM

    Of course Australia will ban her, once a colony always a colony

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    Mute Joe Kelly
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    Aug 30th 2018, 12:01 PM

    @Austin Rock: you’re such an educated guy Austin. Ever even been to Aus? You small minded Twit.

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    Mute Ros Aodha
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    Aug 30th 2018, 8:58 AM

    Whatever. She is a traitor to her country and her comrades.

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    Mute Donal Desmond
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    Aug 30th 2018, 10:21 AM

    @Ros Aodha: A Traitor No..convicted of reporting the murder of civilians in a totally unnecessary war. The Traitors are those who lied in convincing nations that the war was nessecery.

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    Mute Walt Jabsco
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    Aug 30th 2018, 10:26 AM

    @Donal Desmond:
    No, convicted of releasing over 700 classified documents, whilst admitting that she had absolutely no idea of what the vast majority of them contained.

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    Mute Dave Slater
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    Aug 30th 2018, 4:14 PM

    Manning was not a whistleblower. He – he was a he at the time – simply released every document his security clearance allowed him access to for reasons known unto himself at the time, but appear to have been personal rather than political. He could not possibly have analysed more than a tiny fraction of the 700,000 documents he wantonly disclosed.
    Then, as a she, she got the luckiest of breaks. It was the time of the foment over transgender toilet use – one of the few issues Obama issued an executive order over. It happened to be a subject that was in the public eye. If Bradley had not declared he was now Chelsea, he would still be in jail.

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    Mute Steven Fitzpatrick
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    Aug 30th 2018, 10:08 AM

    Dirty American fingers all over this. Suppressing truth just like the commies.

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    Mute Lambo Moonski
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    Aug 30th 2018, 7:59 AM

    Wouldn’t expect anything less from the up their own arse Aussies

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    Mute Joe Kelly
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    Aug 30th 2018, 11:58 AM

    @Lambo Moonski: what up mate, some Aussie Chick dump you and now your bitter against the country! Dumb @ss

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    Mute Lambo Moonski
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    Aug 30th 2018, 7:23 PM

    @Joe Kelly: You some kind of internet Aussie minder?

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    Mute Joe Kelly
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    Aug 31st 2018, 1:16 AM

    @Lambo Moonski: No, I’m just pointing out your Ignorance!

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    Mute Charles Williams
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    Aug 30th 2018, 4:39 PM

    Is it because he is a transistor that prompted the refusal. I though transistors would get good reception down under.? Now even the Ausie’s are getting boring.?

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