Friday 15 November 2019

3 Ireland narrows losses as Q2 revenue rises to €83m

John Mulligan

John Mulligan

Losses at 3 Ireland, the mobile operator controlled by Hutchison Whampoa, narrowed by 12pc to €15m in the three months to the end of June.

Releasing its results yesterday, Hong Kong conglomerate Hutchison Whampoa said revenue at the Irish unit in the period rose 17pc to €83m.

The figures also reveal that the 3 Ireland division continues to deliver the second-highest average revenue per user (ARPU) within the 3 telecoms division.

In the three months in question, monthly ARPU among prepaid 3 subscribers in Ireland was €16.47. That compared to the 3 Group average in Europe of €8.77.

Customer base

For post-pay customers, who make up just 7pc of 3 Ireland's customer base, the monthly ARPU was €38.58.

That compares to a division average in Europe of €31.93.

The highest monthly ARPUs were generated by 3's customers in Denmark.

Non-voice monthly ARPU was €18.16 in Ireland during the quarter.

A note to the latest set of quarterly accounts notes that 3 Ireland's number of prepaid customers has reduced by 23pc in the period due to the removal of inactive customers from its registered customer base.

That resulted in the percentage of active customers increasing from 50pc at the end of last December to 60pc at the end of June.

Vodafone and 3 Ireland last month announced a joint venture where they'll share their network infrastructure. The deal could see them both save millions of euro.

Irish Independent

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