Eircom back in black, confirms rebrand as Q4 revenues surge 5pc to €325m

Quadplay player Eircom has reported its first year-on-year growth in seven years, with revenues up 5pc to €325m.

The company is also planning to rebrand for the first time in 16 years to reflect its growing ambitions as a fibre broadband player that will reach 1.9m homes by 2020.

Eircom reported this morning that operating costs were down 5pc and EBITDA (earnings before interest and taxes) were up 3pc to €481m.

The incumbent operator said that its fibre footprint now passes 1.3m premises and will reach 1.9m homes and businesses across Ireland by 2020.

Posted in Energy