Mobile operator Three Ireland has reported a modest 3pc increase in earnings for 2020 to €217m, in line with projections during what the company called "a challenging year". Three Ireland added 200,000 new active users last year, an increase of 8.6pc, despite the closure of its retail outlets throughout much of 2020. The company now has 2.6 million active customers giving it a market share of 36.7pc. However, the increase in customers has not been reflected proportionally in earnings or revenue. The company said it invested €103m in its network, bringing its total investment spend since 2015 up to €550m.

Source: Irish Independent March 18, 2021 17:15 UTC