It's A Two Horse Race For Meteor

viking

http://www.breakingnews.ie/2005/07/25/story213304.html

eircom stock fell by 11c, or 5.88%, to €1.76 after this morning's confirmation that the company is to buy mobile phone operator Meteor for �420m, subject to shareholder and regulatory approval.

Its actually currently trading down on €1.76 to €1.74.

viking

http://investorrelations.eircom.ie/pdf/eircom_AGM_2005.pdf

vinnyfitz

Page 28 of these slides is interesting.

Apparently eircom have just about 150,000 DSL subscribers as of today.
They still are aiming for 500,000 by December 2007.
They promise approx 90% of lines will be enabled for DSL by March '06!

eircomtribunal

viking wrote:

http://investorrelations.eircom.ie/pdf/eircom_AGM_2005.pdf

Interesting figures there.
For example the broadband and Internet revenue chart on page 28.
Can somebody explain what the figures in the blue-shaded area mean?

P

vinnyfitz

eircomtribunal wrote:

Interesting figures there.

Can somebody explain what the figures in the blue-shaded area mean?

P

I was completley stumped by that too.

BTW when is the end of Q1 05/06 for Eircom? 30 June?

viking

Financial Year Ends 31st March

I presume the 1st April is when Q1 begins and ends at 30 June as Vinny said. Figures in blue would then be eircom's quarterly figures:

Q1 04/05 is 1st April 04 - 30 June 04
Q1 05/06 is 1st April 05 - 30 June 05

vinnyfitz

viking wrote:

Financial Year Ends 31st March

Figures in blue would then be eircom's quarterly figures:

Blue being % of some income pot and white being absolute values - is that it?

viking

Don't think they're % figures, mostly likely actual millions for each quarter.

eircomtribunal

vinnyfitz wrote:

Blue being ...?

So the blue figures are the quarterly figures, I guess.
P.

Our man in Havana

The Big Phil Nolan was just on the news proclaiming how eircom has been reducing fixed line costs.

I almost wet myself with laughter!

viking

viking wrote:

Its actually currently trading down on €1.76 to €1.74.

It finished €1.73, 7.49% wiped off the value of the company in one day.

Ouch, the market doesn't appear to like the fact that eircom have purchased Meteor. Overburdened with debt perhaps, €1.9 billion before the purchase...

Although its dropped lower before, €1.71 at the end of June, €1.36 at the beginning of April 04, so I don't think we're about to see a total collapse of the share price just yet.

watty

Will Eircom campain fr a "Line Rental" on Mobiles now?
:-)
I hope the don't mess it up.

Mossy Monk

watty wrote:

Will Eircom campain fr a "Line Rental" on Mobiles now?
:-)
I hope the don't mess it up.

they better not. that was the reason i went with Meteor. i pay for only my calls

JTMan

On Page 5 there is the word "branding" under the title "integration". Anyone know what was said about branding at the AGM ?? From this document it looks like Meteor could be rebranded "Eircom Mobile" ??

Grow up, kids

zuma wrote:

We will still be paying the most in Europe(as usual) for mobile calls no matter what happens!!!

Ireland does not have the most expensive mobile calls in Europe, not by a long shot. Don't believe everything you hear.

eircomtribunal

Grow up, kids wrote:

Ireland does not have the most expensive mobile calls in Europe, not by a long shot. Don't believe everything you hear.

Yeah, right. Care to cast a look at the chart on page 12 of the eircom document?

There is one people paying more, but they are the ones who find Ireland a cheap place when they visit as tourists, pay the equivalent of €10 for a burger ...

P.

zuma

Grow up, kids wrote:

Ireland does not have the most expensive mobile calls in Europe, not by a long shot. Don't believe everything you hear.

Well as eircomtribunal has kindly pointed out through eircoms document, we are the most expensive in Europe.


(ARPU) Average Return Per User.
The higher that number the more money made on us...why not drop the prices a little as they appear to earn a LOT from us???

Switzerland only joined the UN a couple of years ago and has no intention of joining the EU(which most people call Europe) so as I said before the most EXPENSIVE in Europe as usual!

SparkyLarks

Switzerland is in europe isn't it.
It's not part of Aaia America Oceania or Antartica , so it'sEurope. I mean if the Von Traps walked from Austria the surely it's in europe it would be ahell of a walk to Asia.

What does most expensive mean?? ARPU doesn't mean expensive.
If you want to comare the cost of call look at that call charges.
If you have lower charges but use your phone more then you ARPU will be high. That said oour call charges are quite high, not sure how they comaper to other countries, we could be the most expensive. ARPU doesn't tell us that though

As for the share value. People are selling ther chares because Eircom will be raising money through theie shares. SO peoples share holding will be reduces unless they stump up for more shares. It pretty much was expected to happen.

Sponge Bob

ARPU does not mean most expensive but it could mean that the BUNDLES on offer in Ireland are sub optimal.

3 is due to launch this week

eircomtribunal

SparkyLarks wrote:

What does most expensive mean?? ARPU doesn't mean expensive.
If you want to comare the cost of call look at that call charges.

We've published one chart for mobile costs from the EC on comwreck. There are more for different "baskets", all say the same: Ireland is one of the most expensive in the EC for post paid market, not with pre-paid.

P.

Grow up, kids

That means nothing. Anyone can base a graph on selective figures - you could do it and make Ireland look like one of the cheapest. Ireland is in the upper bracket alright, no doubt about it, but if you look at it in terms of our income, it's one of the cheapest. It's all subjective.

dahamsta

Grow up, kid.

Grow up, kids

Very mature.

dahamsta

Humour.

Anyone can base a graph on anything, however the fact of the matter is that Ireland has the second-highest ARPU in Europe (as a land mass), and although high usage is certainly a factor, so is margin. Denying that Irish subsribers are being fleeced, in relative terms, is just ridiculous. And childish. Get it now?

adam

Grow up, kids

ARPU is not a fair indicator though, and not how it should be measured. Ask any business analyst in the world.

Ireland's ARPU is higher than Spain's. Why? Because Irish people make more calls, spend more time on the phone, therefore they generate a higher AVERAGE REVENUE PER USER. The per minute charge is far higher in Spain, so base your graph on that for a more accurate reflection. I've lived in both countries, and trust me, mobile calls are far cheaper in Ireland.

bealtine

Grow up, kids wrote:

and trust me, mobile calls are far cheaper in Ireland.

As a rule of thumb I don't trust anybody that says "trust me".

I'd prefer if you proved it.

bk

Grow up, kids wrote:

ARPU is not a fair indicator though, and not how it should be measured. Ask any business analyst in the world.

Given that 3 has just launched today, with price plans that are much better value for money then vodafone or o2, it shows that you are wrong:

http://www.3ireland.ie/ireland/iexplore/ihowmuch/ipriceplans/index.omp

Grow up, kids

bk wrote:

Given that 3 has just launched today, with price plans that are much better value for money then vodafone or o2, it shows that you are wrong:

http://www.3ireland.ie/ireland/iexplore/ihowmuch/ipriceplans/index.omp

How on earth does that prove that I'm 'wrong'?

Grow up, kids

bealtine wrote:

As a rule of thumb I don't trust anybody that says "trust me".

I'd prefer if you proved it.

Ok, have a look here, Vodafone Spain:

http://www.vodafone.es/Vodafone/EmpresasPS/EmpresasPSNew/0,2979,10825,00.html

12c just to initiate a call, and then 15c per minute after that.

dahamsta

Grow up, kids wrote:

How on earth does that prove that I'm 'wrong'?

Now you really are being silly. Stop wasting people's time.