Telecoms company eir has reported higher revenues for the year to the end of December after strong revenue growth in the fourth quarter and lower costs.
Eir said its revenue for the year rose by €1m to €1.244 billion following a strong final quarter in which revenue rose by 5% and operating costs declined 6% over the same time in 2021.
But the company's EBITDA for the year slipped by 2% to €606m.
Its total fibre broadband customer base increased by 2% to 844,000 on an annual basis, and the eir postpay mobile base increased by 10% to 982,000 customers.
It noted that multi-play bundling accounted for 45% of eir fixed households, up 5 percentage points year on year.
Two million premises are now passed by eir's fibre network - representing 89% of premises in Ireland.
Meanwhile, a total of 987,000 premises are now passed with Fibre to the Home across the country by the end of December, up 32% or 241,000 on the same time the previous year.
The company also said its 5G network rollout continues to expand, with ultrafast data speeds in 530 towns and cities across the country.
Eir also noted today ComReg complaints have decreased by 40% in the last 12 months and are currently the lowest on record since reporting began in 2015.
Oliver Loomes, eir's CEO, said the company delivered substantial progress last year in its continuing strategy to provide Ireland with "world-class future-proofed connectivity infrastructure".
Mr Loomes said eir continued to invest heavily in its customer care during the year.
"I'm pleased to see ComReg’s most recent Consumer Line Statistics Report showing a substantial improvement in our customer service with consistent reductions in complaints," he said.
"We will continue to build on this progress into 2023 with the aim of ensuring all eir customers enjoy a seamless customer care experience, where issues are resolved quickly and comprehensively," he added.
The eir CEO said the company invests €250m every single year to ensure that Ireland has world leading connectivity infrastructure.
"We will continue to make significant investments in our infrastructure, to ensure we have world-class technologies and the highest-quality connectivity available to our customers," he stated.
The eir CEO said the compamy invests €250m every single year to ensure that Ireland has world leading connectivity infrastructure.
"We will continue to make significant investments in our infrastructure, to ensure we have world-class technologies and the highest-quality connectivity available to our customers," he stated.
