ComReg reports 2.7% dip in 1Q10 revenues for telcos

5 Jul 2010

The Commission for Communications Regulation (ComReg) has released its quarterly report for the period January – March 2010, showing that revenues for telecoms operators dipped 10% year-on-year to EUR949 million (USD1.19 billion) and, moreover, recorded their seventh quarterly drop in succession. The watchdog said that mobile revenue was hardest hit: down 5% quarter-on-quarter and 13.4% lower than for the first three months of 2009. On a more positive note, total internet and broadband subscriptions increased to 1.615 million and 1.509 million respectively in the period under review, although narrowband subscriptions fell 17.7% to 105,098 as broadband connections (fixed and mobile) increased by 4.6%. ComReg said the fixed broadband per capita penetration rate reached 22.4% by the start of April 2010, while the total broadband per capita penetration rate (including mobile broadband) stood at 33.9%. Cellular penetration per capita (including mobile broadband) was 119.9% at the same date, or 108.4% when excluding mobile broadband. Total quarterly voice traffic minutes increased marginally by 0.3% to almost 4.6 billion minutes, broken down as mobile minutes accounting for 57.1%, with fixed line voice call minutes making up the remainder (42.9%).

Ireland, Commission for Communications Regulation (ComReg)