BT Ireland revenue climbs 4pc in year to stg£739.9m

10 May 2013

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Investment in communications infrastructure, and strong demand for networked IT services helped boost BT Ireland’s revenue up 4pc in 2012/2013 to stg£739.9m.

Profit (on earnings before interest, taxation, depreciation and amortisation) for the telecoms company remained flat year-on-year, as a result of investment in the delivery of several large retail and wholesale contracts offset by continued cost transformation initiatives.

Colm O’Neill, chief executive of BT Ireland, said the company has delivered a solid year of growth in revenues and maintained profit and cash flow in a challenging economic environment.

“We continue to manage our cost base carefully, while making investments in the future of our business to support our customers and to improve our service,” O’Neill said.

“Our track record in delivery, our unique combination of network and IT services capabilities, and the value for money delivered through our services, are BT’s key differentiators in the Irish market.”

BT Ireland, according to second-quarter 2012 data from telecoms regulator ComReg, is now the second-largest fixed-line provider in the Irish market.

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Tina held senior editorial positions at daily newspapers in Ottawa and Toronto

editorial@siliconrepublic.com