Market Week

Eircom said it had a net profit of €18 million in the three months ended September 30, compared with a loss of €5 million a year ago. Sales fell 3.6 per cent to €400 million in the quarter.

The company said cutting interconnection costs between mobile networks and stepping up its broadband programme helped it return to profitability. It dropped connection costs by 12 per cent in the period, andwhile it currently has ...