Comreg publishes second quarter market data

12 Sep 2008

Comreg has revealed that Ireland’s telecoms sector recorded revenues of EUR1.1 billion (USD1.5 billion) in the second quarter of 2008, up 0.2% against the first quarter of the year but down 1.1% year-on-year. Of the total, fixed line services accounted for 51.4%, remaining ahead of wireless services on 44.1%. The broadband market continues to grow, with more than 1.05 million high speed internet subscribers at 30 June, while the mobile subscriber base totalled 5.2 million giving a cellular penetration rate of 120%.