Eircom Group plc
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Most of these are mobile phone users.Vodafone shares are the most commonly owned shares in Ireland because...
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...of a group of bondholders facing a complete loss of €350m they lent to Eircom objected to plans to cancel their debt.SecuredInstead,...
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FIVE-year survival scheme for Eircom approved by the High Court today will see it and related companies exit the State's...
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This it was claimed amounted to a breach of their privacy rights.The Commissioner on foot of that complaint, made by...
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Eircom bidder 3 Mobile will be among the contenders when the State auctions off Irish 4G "spectrum" licences this summer,...
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Based on the evidence, he was satisfied the scheme was of benefit to the companies, their employees, and the State arising from the strategic importance of Eircom. Mr Justice Kelly was also satisfied the scheme did not unfairly prejudice any class of... Full Article at Irish Examiner
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Under the settlement, the companies were to supply Eircom with internet protocol addresses of those suspected of illegally downloading. The case was largely aimed at cutting off access to peer-to-peer music sharing groups. In 2011, the data... Full Article at Irish Examiner
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The effect of ongoing austerity measures, spending cuts, and tax increases on consumer spending could lead to a steeper decline in Eircom’s revenues
SOURCE: Irish Times -
Under the settlement, the companies were to supply Eircom with internet protocol addresses of those suspected of illegal downloading. The case was largely aimed at cutting off access to peer-to-peer music-sharing groups. In 2011, the commissioner... Full Article at Irish Times
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The examiner twice spurned a 2 billion euro offer from Hutchison Whampoa Ltd, the Hong Kong-based company controlled by Asia's richest man Li Ka-shing, instead opting to make the group's most senior lenders its shareholders. "The Group entered... Full Article at Reuters.co.uk
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The five year survival scheme, proposed by examiner Michael McAteer, will see Eircom and related companies exit examinership on June 11th. Some 1,000 jobs will go through voluntary redundancies over the coming years. Eircom currently employs nearly... Full Article at RTE Interactive
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I could see that one of the guys mentioned the Eircom webhacker, which was a well-known application from a few years back that took advantage of a very weak algorithm for the Eircom wireless routers. As soon as I saw that mentioned, I knew that this guy must have been Irish. We were all trying to figure...
SOURCE: Irish Times -
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Mr Justice Peter Kelly said today he was satisfied to confirm the scheme advocated by Michael McAteer - the examiner to Eircom Ltd, Meteor Mobile Communications and Irish Telecommunications Investments Ltd - and endorsed by most of its creditors. The... Full Article at Irish Times
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The court has accepted the examiner's recommendations for a five-year restructuring plan that provides for capital investment of €1.5bn in the telecoms business. Eircom has around one million fixed line customers, is considered of strategic importance... Full Article at BreakingNews.ie
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The secured creditors will fare best under the scheme while the floating rate noteholders, owed €350m, will get nothing. Last week, Mr Justice Kelly rejected an application by mobile phone operator 3 Ireland and its Hong Kong parent group, Hutchison... Full Article at Irish Examiner
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