BT Ireland 1H revenues up 6% to EUR549m

9 Nov 2007

Ireland’s second largest fixed line operator by subscribers BT Ireland reported a 6% year-on-year rise in first-half revenues for the period ending 30 September to EUR549 million (USD804.6 million), mainly thanks to rising demand for broadband, networked IT and mobile services. The operator said it remained focused on expanding its high speed internet business. The company posted a 41% y-o-y rise in broadband connections in Northern Ireland to 139,000 by end-September, while connections in the Republic were up 60% at nearly 74,000. BT Ireland’s wholesale arm also reported more than 290,000 homes and businesses using the BT network for broadband in Northern Ireland. The telco noted a positive impact from the introduction of an 8Mbps broadband service via local loop unbundling in 14 areas in Cork, Dublin, Kildare and Limerick. Elsewhere, BT’s public wireless broadband service BT Openzone saw year-on-year usage growth of 125%.

Ireland, United Kingdom, BT Ireland