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Eir's second quarter results in line with expectations

Eir's revenue rose by 2% to €326m in the second quarter of 2025
Eir's revenue rose by 2% to €326m in the second quarter of 2025

Telecom company eir said its revenue rose by 2% to €326m in the second quarter of this year, while its EBITDA increased by 5% to €156m.

The company said the results were in line with its expectations and marked the company's 11th consecutive period of growth.

Its operating costs of €101m decreased by 2% year on year, while its non-pay costs remained stable at €59m year on year and pay costs decreased by €3m.

Eir said it its total fibre broadband base increased by 1% year on year to 889,000 customers.

It said it had a total of 1.539 million mobile customers, an increase of 4% on the same time last year.

It noted that its postpay mobile customers increased by 89,000 to 1,244,000 customers, while multi-play bundling accounted for 58% of eir fixed households, up 5 percentage points year on year.

The company also said it has now reached the "milestone" of 99% nationwide 5G coverage, with mobile network traffic rising 65% year-on-year.

It said that over 1.4 million premises are now passed with fibre-to-the-home broadband (FTTH) across Ireland, up 11% or 143,000 year on year. A total of 2.2 million premises are passed by its combined FTTH and FTTC (fibre-to-the-cabinet) networks, or 96% of premises in Ireland.

Eir also said it now has 111,000 TV customers, up 1% on last year.

Oliver Loomes, eir's CEO, said today's results are a clear reflection of the strength and consistency of the company's strategy.

"We remain firmly committed to building Ireland's most advanced telecommunications infrastructure, combining the nation's largest fibre network with 99% 5G mobile coverage to deliver world-class connectivity to homes and businesses," Oliver Loomes said.

"Building on our first-to-market launch of WiFi 7 in Q1, this quarter we introduced 5 Gigabit (5Gbps) fibre broadband service, setting a new benchmark for speed, performance, and reliability in Irish homes and businesses," the CEO said.

"This new standard in performance and reliability comes at a pivotal moment as we accelerate the transition to full fibre, ensuring Ireland’s digital infrastructure is future ready," he added.