3 Ireland reports rising revenue, subscribers in 1H

Irish mobile network operator 3 Ireland, owned by Hong Kong-listed Hutchison Whampoa, said revenues for the first six months of this year climbed 17% year-on-year to EUR83 million (USD101.5 million), EBIT improved by 157% to EUR17 million, although the unit posted a loss before interest, tax, depreciation and amortisation of EUR15 million. CAPEX in 1H12 reached EUR31 million, it said, as 3 Ireland closed out 30 June 2012 with a total of 715,000 registered mobile users (including inactive users), down 11% y-o-y, of which post-paid customers totalled 348,000

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OVETEL 3 Ireland reports rising revenue, subscribers in 1H