This page will contain videos about Eircom, as they become available.Eircom
eircom Group plc is the largest telecommunications operator in the Republic of Ireland. As Bord Telecom Éireann plc, the company was (until 1999) a state monopoly; as a private company it continues to dominate many telecommunications areas, its main competitor being BT Ireland (formerly Esat BT), although this is accessed via eircom's network. eircom currently operates the fixed-line telephone network, act as an internet service provider (ISP) eircom.net, and operate a property alarm installation and montioring unit called eircom Phonewatch. An analogue TACS and a digital GSM 900 network operation in Ireland, started as Eircell, was once owned by eircom. It is now run by Vodafone. eircom now has a 44% share of the Irish telecoms market. Serviceseircom operate the largest fixed-line telecommunications network in the Republic of Ireland, under licence from the Commission for Communications Regulation. Most homes and businesses in the state are connected by his network. A full range of telecommunications services is provided on the network. Their ISP division, eircom net, provides dial-up services, as well as broadband (see broadband roll-out, below) services. eircom Phonewatch provides burglar alarm and home monitoring services. As an operator with significant market power, eircom is required to provide a number of wholesale products to other operators and to switch calls onto other phone networks. Many broadband products offered by other operators are resales of the eircom product. eircom has been subject to much criticism in the performance of its activities. See the criticism section below for more details. HistoryThe company was formed in 1984 as Bord Telecom Éireann, under Posts and Telecommunications Act 1983. This article deals mainly with the post-privatisation eircom. For details of the company during its time as a state-sponsored body, see the Telecom Éireann article. PrivatisationDue to EU laws requiring the opening up of the Irish telecommunications market, eircom was privatised, a process which began in 1995, and by July 1999 the government had disposed of virtually all of its shareholding [1]. eircom plc was then floated on the Irish Stock Exchange, London Stock Exchange, and New York Stock Exchange s on July 8, 1999 and small/first-time investors were encouraged by the Irish Government to buy shares. The eircom flotation is considered to have been an example of a stock market bubble - after the initial hype of the flotation died down, the stock price fell rapidly. Many of the 500,000 small investors were angered by the significant financial loss they incurred, blaming the government for not sufficiently warning them of the risks inherent in stock market investment. This may have been a factor in Mary O'Rourke, the then Minister for Public Enterprise losing her seat in the general election. Disposal of Eircell, going private and refloatationIn 2001, eircom disposed of its mobile arm Eircell to Vodafone. The company was transfered to a separate entity, Eircell 2000 plc which was then sold to Vodafone via a share swop. This left the eircom shareholder with not only shares in eircom, but Vodafone also. After the demerger of Eircell, eircom itself was believed to be undervalued and became the subject of a bidding war between two consortia - the E-Island consortium headed by Denis O'Brien, and the Valentia Consortium headed by Sir Anthony O'Reilly, the chairman of Independent News and Media. Eventually in June 2001 the company agreed a recommended offer of €1.27 per eircom share. eircom plc was delisted from the stock exchange, become eircom Limited, a private limited company by shares and a subsidary of Valentia. However eircom did not remain a private company. On 19 March 2004 the company returned to the stock market (although the company being listed, eircom Group plc, was in fact a new holding company, and was registered in England and Wales rather than the Republic of Ireland). The company floated at €1.55 a share, but dipped on initial trading before recovering to trade above its float price. MeteorIn early 2005, several Irish newspapers reported that Meteor Mobile Communications, the third mobile phone operator, was up for sale by its owners, Western Wireless. It was considered that this afforded eircom an opportunity to re-enter the mobile communications market. On 9 July 2005 it was reported by The Irish Times that there had been three bidders for Meteor: eircom, Smart Telecom, and a consortium led by Denis O'Brien. On 14 July 2005, RTÉ News reported on their business website that Denis O'Brien had withdrawn from bidding, and that it was understood that eircom was the top bidder at €410m. On 21 July it was announced that Smart Telecom had also withdrawn, leaving eircom as the sole bidder. Eircom announced the successful purchase on 25 July 2005 at a cost of €420m. [2] CompetitionWhile eircom retains a virtual monopoly, at around 80%, on fixed line telephony in the State (the only exception being those operated by cable company NTL - Chorus previously offered wireless telephony but failed to renew their licence) it is required to allow carrier pre-selection (CPS). Introduced in Ireland in 2001, CPS allows subscribers to use an alternative provider for all their calls, without the need to dial indirect access codes or numbers, although they still receive a bill from eircom for line rental. However, under a wholesale line rental scheme, it is now possible for customers, to have a single bill from an alternative provider, for example, BT Ireland, including the cost of Eircom line rental, rather than continuing to receive a separate one from eircom for this cost. Although it is not yet possible for other operators such as BT Ireland to buy the lines from eircom and charge their own line rental should they wish. Criticisms of eircomIreland continues to lag behind in terms of broadband availability, with the fifth lowest broadband penetration in the EU25 at 3% of population [3] (OECD, Dec 2004), and the lowest in Western Europe. As of 2004, eircom's PR division runs near-daily advertisements for broadband connections on national media. It has been suggested that this is more to ensure that politicians, local community groups and the public at large feel that Ireland is being connected, rather than advertise available services (A large part of the population cannot take up the broadband deals). Only 60% of the population are located in the urban areas where broadband is available [4], and of these, only 75% qualify due to faulty lines (Eircom has no obligation to provide lines good enough for anything other than some level of voice communication). Some of eircom's DSL packages and offers have been widely criticised. In June 2005 a new product was offered, offering time-limited broadband of 20 hours per month for €24.99 (introductory offer, €19.99). Penalities on any extra time spent online mean that a mere 12 hours extra per month (charged at 4c per minute) will result in a bill of around €50 (these charges are on top of the €24.18 line rental), though this product is targeted at lower end users. Before eircom announced ADSL it started a telemarketing campaign aimed at customers who spent large amounts of time on dial-up connections to persuade them to subscribe to ISDN - an old inferior technology. This technology, which is not available in all areas is an alternative, albeit expensive option, in some areas where broadband is not available and ISDN is. eircom's corporate structure has also been subject to criticism in recent years, with accusations of poor management and overstaffing levelled at it. After the privatisation of eircom, the highly profitable mobile phone division, Eircell, was sold to Vodafone. Some consider this act to be asset stripping by the large investors with interests in eircom. Eircom's line rental costs have increased over the years, now standing at €24.18 per month - the highest such charge in the EU. Broadband Roll-outAfter a slow start broadband subscriber numbers started to pick up in 2004 when eircom cut the price for the basic DSL service and launched an intensive television advertising campaign. eircom predict 100,000 DSL connection by year end 2004 and promise to announce ambitious further growth targets in 2005. They have stated that their strategy is to strongly grow broadband user numbers and re-enter the mobile market. Copying a similar scheme to that used by BT in the UK, they have introduced a trigger scheme for DSL enabling their smaller exchanges based on numbers of users committing to sign-up for service. BT has now discontinued this scheme, and is moving to upgrade all remaining exchanges in the UK to ADSL during 2005, (including Northern Ireland, which has the highest number of exchanges upgraded to broadband in the UK). This page about Eircom includes information from a Wikipedia article. Additional articles about Eircom News stories about Eircom External links for Eircom Videos for Eircom Wikis about Eircom Discussion Groups about Eircom Blogs about Eircom Images of Eircom |
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BT has now discontinued this scheme, and is moving to upgrade all remaining exchanges in the UK to ADSL during 2005, (including Northern Ireland, which has the highest number of exchanges upgraded to broadband in the UK). He currently lives in Memphis with his wife and 17 year old son. Copying a similar scheme to that used by BT in the UK, they have introduced a trigger scheme for DSL enabling their smaller exchanges based on numbers of users committing to sign-up for service. In 2004, the Grizzlies won 50 games for the first time in its history, and he was named NBA Executive of the Year for the second time. They have stated that their strategy is to strongly grow broadband user numbers and re-enter the mobile market. Although it was the worst team in the NBA at that time, West quietly rebuilt the team. eircom predict 100,000 DSL connection by year end 2004 and promise to announce ambitious further growth targets in 2005. In 2002 he was hired as President of Basketball Operations by the Memphis Grizzlies. After a slow start broadband subscriber numbers started to pick up in 2004 when eircom cut the price for the basic DSL service and launched an intensive television advertising campaign. West is credited for bringing Kobe Bryant onto the team and signing free agent Shaquille O'Neal to the team, which would later go on to win three NBA titles. Eircom's line rental costs have increased over the years, now standing at €24.18 per month - the highest such charge in the EU. Following a slump in the early 1990s, West receieved the NBA Executive of the Year Award in 1995 after his Lakers reached the playoffs. Some consider this act to be asset stripping by the large investors with interests in eircom. These teams were built around the core of Johnson, Kareem Abdul-Jabbar, and James Worthy and would go on to win four more championships in 1982, 1985, 1987, and 1988 becoming the first team to win back-to-back championships since the great Boston Celtics dynasty of the 1960s did so in 1968 and 1969. After the privatisation of eircom, the highly profitable mobile phone division, Eircell, was sold to Vodafone. In 1982, Jerry West was named general manager of the Lakers, and through shrewd trades and draft picks, maintained the Lakers status in the NBA elite for the rest of the decade. eircom's corporate structure has also been subject to criticism in recent years, with accusations of poor management and overstaffing levelled at it. In 1980, the Lakers won the NBA Championship led by Magic Johnson, who became the first and only rookie to be named the NBA Finals MVP. This technology, which is not available in all areas is an alternative, albeit expensive option, in some areas where broadband is not available and ISDN is. He retired two years later, then became a coach who carried the Lakers into the playoffs in his three seasons 1976-1979, after which he was hired as an executive for the club in various positions. Before eircom announced ADSL it started a telemarketing campaign aimed at customers who spent large amounts of time on dial-up connections to persuade them to subscribe to ISDN - an old inferior technology. Despite this, West's only NBA championship was won in 1972. Penalities on any extra time spent online mean that a mere 12 hours extra per month (charged at 4c per minute) will result in a bill of around €50 (these charges are on top of the €24.18 line rental), though this product is targeted at lower end users. A clutch shooter, West averaged 29.1 points per game in 153 playoff games, including 40.6 in 11 playoff games in 1965, and sunk one of the most famous shots in NBA history: a 60-footer with no time remaining to send a 1970 championship game into overtime. In June 2005 a new product was offered, offering time-limited broadband of 20 hours per month for €24.99 (introductory offer, €19.99). West was named to the NBA All-Defensive First Team four times, to the All-NBA First Team 10 times, to the All-Star team 14 times, and 1980 he was named to the NBA's 35th Anniversary All-Time Team. Some of eircom's DSL packages and offers have been widely criticised. In his career, West scored 25,192 points, averaged 27.0 points per game, made 7,160 free throws and 6,238 assists. Only 60% of the population are located in the urban areas where broadband is available [4], and of these, only 75% qualify due to faulty lines (Eircom has no obligation to provide lines good enough for anything other than some level of voice communication). Clutch," due to his skill and ability to make a shot in a clutch situation. It has been suggested that this is more to ensure that politicians, local community groups and the public at large feel that Ireland is being connected, rather than advertise available services (A large part of the population cannot take up the broadband deals). He was also nicknamed "Mr. As of 2004, eircom's PR division runs near-daily advertisements for broadband connections on national media. Olympic gold medal team in Rome. Ireland continues to lag behind in terms of broadband availability, with the fifth lowest broadband penetration in the EU25 at 3% of population [3] (OECD, Dec 2004), and the lowest in Western Europe. He also played for the 1960 U.S. Although it is not yet possible for other operators such as BT Ireland to buy the lines from eircom and charge their own line rental should they wish. Like most NBA players, West was a standout in high school and at college - he attended West Virginia University, leading them to the 1959 NCAA championship game - before embarking on a 14-year career with the Los Angeles Lakers. However, under a wholesale line rental scheme, it is now possible for customers, to have a single bill from an alternative provider, for example, BT Ireland, including the cost of Eircom line rental, rather than continuing to receive a separate one from eircom for this cost. His dribbling silhouette is used in the National Basketball Association's official logo. Introduced in Ireland in 2001, CPS allows subscribers to use an alternative provider for all their calls, without the need to dial indirect access codes or numbers, although they still receive a bill from eircom for line rental. Jerry Alan West (born May 28, 1938 in Chelyan, West Virginia) has had one of the most successful careers ever in professional basketball, first as a player, then as a coach and finally as an executive. While eircom retains a virtual monopoly, at around 80%, on fixed line telephony in the State (the only exception being those operated by cable company NTL - Chorus previously offered wireless telephony but failed to renew their licence) it is required to allow carrier pre-selection (CPS). [2]. Eircom announced the successful purchase on 25 July 2005 at a cost of €420m. On 21 July it was announced that Smart Telecom had also withdrawn, leaving eircom as the sole bidder. On 14 July 2005, RTÉ News reported on their business website that Denis O'Brien had withdrawn from bidding, and that it was understood that eircom was the top bidder at €410m. On 9 July 2005 it was reported by The Irish Times that there had been three bidders for Meteor: eircom, Smart Telecom, and a consortium led by Denis O'Brien. It was considered that this afforded eircom an opportunity to re-enter the mobile communications market. In early 2005, several Irish newspapers reported that Meteor Mobile Communications, the third mobile phone operator, was up for sale by its owners, Western Wireless. The company floated at €1.55 a share, but dipped on initial trading before recovering to trade above its float price. On 19 March 2004 the company returned to the stock market (although the company being listed, eircom Group plc, was in fact a new holding company, and was registered in England and Wales rather than the Republic of Ireland). However eircom did not remain a private company. eircom plc was delisted from the stock exchange, become eircom Limited, a private limited company by shares and a subsidary of Valentia. Eventually in June 2001 the company agreed a recommended offer of €1.27 per eircom share. After the demerger of Eircell, eircom itself was believed to be undervalued and became the subject of a bidding war between two consortia - the E-Island consortium headed by Denis O'Brien, and the Valentia Consortium headed by Sir Anthony O'Reilly, the chairman of Independent News and Media. This left the eircom shareholder with not only shares in eircom, but Vodafone also. The company was transfered to a separate entity, Eircell 2000 plc which was then sold to Vodafone via a share swop. In 2001, eircom disposed of its mobile arm Eircell to Vodafone. This may have been a factor in Mary O'Rourke, the then Minister for Public Enterprise losing her seat in the general election. Many of the 500,000 small investors were angered by the significant financial loss they incurred, blaming the government for not sufficiently warning them of the risks inherent in stock market investment. The eircom flotation is considered to have been an example of a stock market bubble - after the initial hype of the flotation died down, the stock price fell rapidly. eircom plc was then floated on the Irish Stock Exchange, London Stock Exchange, and New York Stock Exchange s on July 8, 1999 and small/first-time investors were encouraged by the Irish Government to buy shares. Due to EU laws requiring the opening up of the Irish telecommunications market, eircom was privatised, a process which began in 1995, and by July 1999 the government had disposed of virtually all of its shareholding [1]. For details of the company during its time as a state-sponsored body, see the Telecom Éireann article. This article deals mainly with the post-privatisation eircom. The company was formed in 1984 as Bord Telecom Éireann, under Posts and Telecommunications Act 1983. See the criticism section below for more details. eircom has been subject to much criticism in the performance of its activities. Many broadband products offered by other operators are resales of the eircom product. As an operator with significant market power, eircom is required to provide a number of wholesale products to other operators and to switch calls onto other phone networks. eircom Phonewatch provides burglar alarm and home monitoring services. Their ISP division, eircom net, provides dial-up services, as well as broadband (see broadband roll-out, below) services. A full range of telecommunications services is provided on the network. Most homes and businesses in the state are connected by his network. eircom operate the largest fixed-line telecommunications network in the Republic of Ireland, under licence from the Commission for Communications Regulation. . eircom now has a 44% share of the Irish telecoms market. It is now run by Vodafone. An analogue TACS and a digital GSM 900 network operation in Ireland, started as Eircell, was once owned by eircom. eircom currently operates the fixed-line telephone network, act as an internet service provider (ISP) eircom.net, and operate a property alarm installation and montioring unit called eircom Phonewatch. As Bord Telecom Éireann plc, the company was (until 1999) a state monopoly; as a private company it continues to dominate many telecommunications areas, its main competitor being BT Ireland (formerly Esat BT), although this is accessed via eircom's network. eircom Group plc is the largest telecommunications operator in the Republic of Ireland. |