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Eir boosts TV position with Setana Sports buy

2015-12-07 01:00:00| Total Telecom industry news

Irish telco takes its first step into TV content ownership with new acquisition.

Eir reports Q1 revenue up 4%, EBITDA up 6%

2015-11-25 20:45:00| Telecompaper Headlines

(Telecompaper) Irish operator Eir has reported group revenue of EUR 325 million for the first quarter ending 30 September, up 4 percent year-on-year, the second consecutive quarter of revenue growth. EBITDA was up 6 percent year-on-year to EUR 120 million, the third consecutive quarter of EBITDA growth. Eir added 16,000 broadband connections to end the quarter with a total of 798,000, with 41 percent of network broadband connections high speed. It added 45,000 fibre broadband connections in the quarter, with the eir Vision TV base reaching 43,000 customers (24% take-up by the consumer fibre base). The post-paid mobile customer base increased by 11,000 in Q1, with the total mobile customer base up by 7,000 to 1.09 million (of which 317,000 4G customers). Post-paid customers now make up 45 percent of the mobile base. Eir saw increased triple and quad-play bundle penetration in the quarter, with 65 percent of customers now subscribing to two or more products.

Tags: up reports revenue ebitda

EBITDA growth continues at Eir

2015-11-25 01:00:00| Total Telecom industry news

Irish incumbent sees retail broadband customers fall; talks up fibre rollout.

Tags: growth continues ebitda eir

Eir in talks to buy Setanta Sports - report

2015-11-20 08:50:00| Telecompaper Headlines

(Telecompaper) Irish incumbent Eir is in talks to acquire the pay-TV provider Setanta Sports, the Irish Times reported. The paper's sources said the talks are at an advanced stage, with a deal likely to be completed in 2016. Mickey O'Rourke, Setanta's majority shareholder and co-founder, would remain with the business for a period after the deal is completed. Setanta operates two sports channels in Ireland and has production facilities in Dublin. Its channels are also shown in the UK through BT. The takeover by Eir is expected to strengthen the operator's TV offer in the face of increased competition from Virgin Media, which recently bought the TV channel TV3. It could also help Eir's valuation if it tries a stock market listing again or a sale of the company. Industry sources said the company could be worth up to EUR 20 million.

Tags: report buy sports talks