Telecoms
Higher costs hit Virgin Media as earnings decline
Telecoms and broadband provider reports slight decrease in revenues as number of mobile subscribers rises
Virgin Media Ireland has recorded a decline in subscribers despite the number of homes in which its services are available continuing to rise.
The telecoms and broadband provider has recorded turnover of €113.7 million for its second quarter, down 0.4 per cent on an annual basis, with an increase in mobile subscribers partly offsetting lower fixed revenues.
Virgin said the number of homes it passed rose to 970,200 in the three months to the end ...
