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Eircom rebrands as 'eir', launches 1 Gbps fibre broadband

2015-09-16 11:59:00| Telecompaper Headlines

(Telecompaper) Irish telecoms company Eircom has announced its rebranding as 'eir'. CEO Richard Moat said that the new 'eir' identity was dynamic and modern and reflected the company's ambition to become a dynamic and progressive organisation providing high-quality infrastructure and services. Key to the rebrand is the launch of a new 1 Gbps broadband service, which Moat claims is the fastest in Ireland. Over the coming weeks, the company also plans to launch 24/7 broadband and TV technical support for customers. The change to eir will not impact Meteor, which will remain as a standalone brand within the eir Group. The consumer and business divisions will operate under the new eir brand, while the wholesale and network business units will operate separately under 'Open eir' to reflect its commitment to an open access network. The e-suite of products, including eMobile, eVision and eFibre has now been replaced by eir Mobile, eir Vision and eir Fibre respectively. The rebranding has an estimated cost of EUR 16 million.

Tags: broadband launches fibre gbps

Eircom to rebrand in coming weeks

2015-09-01 02:00:00| Total Telecom industry news

Irish incumbent returns to revenue growth in Q4, in part thanks to growing popularity of bundled services.

Tags: weeks coming eircom rebrand

Eircom rejects takeover offer

2015-05-20 09:17:00| Telecompaper Headlines

(Telecompaper) Eircom informed the Irish Stock Exchange that it received a non-binding expression of interest from an unnamed company in the first quarter, but rejected the advance because the offer of up to EUR 3.3 billion undervalued the business. The company wrote, "While the bidder was very credible, the board believed that, with the business reaching an inflection point, the indicated price range undervalued the group". After passing this inflection point, Eircom expects to return to growth this quarter. The Irish Times speculates that the interested party was US investment house Anchorage Capital, which held an around 8 percent stake until recently, but according to several sources, bought another 25 percent from Blackstone asset manager GSO in the last few days. GSO has kept around 5 percent of Eircom. The Irish operator would not comment on whether Anchorage was the bidder, but did confirm that it was now its biggest shareholder. Eircom pulled out of a planned IPO last September due to unfavourable market conditions. It was reported at the time that Eircom may have preferred to sell to a single buyer.

Tags: offer rejects takeover eircom

37,000 IPTV customers for eircom

2015-05-18 10:00:57| Digital TV News

eircom Group has announced results for the third quarter and nine months ended 31 March 2015. The company said that it now has 37,000 TV customers, representing 26% penetration of its consumer fibre base.

Tags: customers iptv eircom iptv customers