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Eircom TV service gains traction
Irish telco, Eircom, said that its TV service continued to gain traction in the quarter ending March 31 with 37,000 TV customers, representing 26% of its consumer fibre base.
Announcing results for its fiscal third quarter, the operator said that 22% of customers now have TV/mobile bundles and that the rollout of its next generation access network continues at pace.
“Our network has now passed 1.2 million homes and businesses, representing more than 50% of all premises in Ireland,” said Eircom group CEO Richard Moat.
Last year, Eircom set a June 2014 target of 24,000 customers for its then recently-launched eVision IPTV service.
Overall in its latest quarter, the company reported revenues of €311 million, down 1% year-on-year. EBITDA was €120 million, an increase of 8% year-on-year.