Ireland’s Eircom turns down €3.3B takeover offer

Irish incumbent Eircom rejected a takeover offer of €3.3 billion from an unknown bidder, saying that “while the bidder was very credible, with the business reaching an inflection point, the indicated price range undervalued the group.” The mystery bidder could …

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Confusion challenge between bundling and convergence – Eircom exec

BELL LABS FUTURE X DAYS, DUBLIN: Geoff Shakespeare, MD of technology evolution and development for Irish operator Eircom, warned that as the industry moves towards integrated fixed, mobile and content packages, there is confusion between the terms convergence and bundling …

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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).