tag: eircom

Eircom is considering floating

Eircom considering IPO

Ireland’s incumbent operator Eircom said this week it has appointed Goldman Sachs International and Morgan Stanley & Co. International to explore strategic options including a potential international offering and listing (IPO).

Hutchison is looking to drive further consolidation in Europe.

3 to buy O2 Ireland as consolidation drive continues

Hutchison Whampoa, which operates the 3 brand in Europe, has announced that it is to buy Telefónica’s Irish mobile operation O2 for €780m, with a further €70m payable if a number of agreed financial targets are hit. It is the second consolidatory move made by Hutchison in recent months, following the acquisition of Orange Austria, which was completed at the end of 2012.

Blackberry has announced the departure of three more key management figures.

Eircom to slash 2,000 jobs

Irish fixed line and mobile operator Eircom has announced that it will cut 2,000 of its 5,700 employees over the next 18 months in an aggressive push to cut its operational costs. The firm said that the measures will put it in line with the European average for employees and operational costs.

Operations Technician Paddy Donohoe with Paul Donovan, CEO eircom Group

eircom confirms first locations for fibre rollout

Irish telco eircom has announced the locations for phase one of its fibre rollout plan, including communities in six counties across all four of the Irish Republic’s provinces, as well as major cities including Dublin, Cork, Galway and Limerick.

Operations Technician Paddy Donohoe with Paul Donovan, CEO eircom Group

eircom to invest over €100m in fibre rollout

Irish operator Eircom Group has announced that it plans to “significantly” upgrade Ireland’s telecoms infrastructure by rolling out fibre-based access technologies across the country, before launching IPTV over the new infrastructure in mid-2012.

Network sharing is the only way forward for European operators, the CTO says

Eircom and O2 announce Irish network share

The second and third-placed mobile operators in the Irish market, incumbent Eircom and Telefonica’s O2, have announced that they are to share networks in a deal that Eircom described as the first of its kind in Ireland. Eircom said that the deal will “result in an unrivalled mobile experience for customers” as the two carriers seek to meet growing demand for high bandwidth services.

Eircom accepts 3G licence

Irish incumbent Eircom announced Wednesday that it will accept the 3G licence offered to it by ComReg following the regulator’s decision to revoke the licence from Smart Telecom. Announcing its Q3 results, Eircom said it is on target to reach 500,000 DSL subscribers this year. Ireland has a population of around 4million. Meteor, Eircom’s recently […]

Eircom swoops on last 3G licence

Irish incumbent Eircom, is, according to local reports, to receive the Ireland’s last remaining UMTS or 3G mobile licence. Robert Haulbrook, CEO of Eircom’s mobile arm, Meteor, told the Irish Independent Thursday that the former monopoly is in the final stages of a business plan that aims to reduce the cost of rollout by partnering […]

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