Business: Eircom profits depleted by rising costs

Updated: 09:35, Monday, 4 December 2000

Profit at the phone company, Eircom, fell 30% in the six months to the end of September to £102m.

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6.01 News: Orla O'Donnell reports on the fall in the Eircom share price
6.01 News: Orla O'Donnell reports on the fall in the Eircom share price
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News At One: Alfie Kane, Eircom Chief Executive, discusses their financial situation
News At One: Alfie Kane, Eircom Chief Executive, discusses their financial situation

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Profit at the phone company, Eircom, fell 30% in the six months to the end of September to £102m. Figures released by the company a short time ago show that while turnover rose 14% to £834m, costs rose by 66%. In relation to the sale of Eircell, Eircom says talks with Vodafone are continuing with a number of issues still to be finalised. Talks are due to be completed within the next couple of weeks.

  • News At One: Alfie Kane, Eircom Chief Executive, discusses their financial situation

    News At One: Alfie Kane, Eircom Chief Executive, discusses their financial situation

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