[INDO]Eircom says Smart wont get their €47m

viking

From the Indo

SMART Telecom has taken a €47m High Court action against Eircom alleging that its bigger rival is abusing a dominant position in the market by refusing to allow Smart access to its network. Smart also alleges that a decision by Eircom earlier this year to cut Smart off from Eircom's network was unlawful.

Smart Telecom submitted general particulars of their damages claim under the headings wasted expenditure (€1.6m), delayed sales/lost customers (€3.8m per annum), and capitalisation of losses (€41.7m per annum)."

According to Eircom, even if the company were found to be culpable, the level of damages outlined by Smart is out of line.

It states: "Even if Smart Telecom could establish liability on Eircom's part under each of these headings, our directors do not believe that these figures represent damages that would be properly recoverable from Eircom."

Jack Gorman, the telecoms analyst at Davy Stockbrokers, said the loss was bad news for Smart.

He said: "Basically, this means it will be the back end of this year at least before Smart is able to transfer its broadband customers easily.

"This is a major issue for Smart which must get customers, not just signed up, but connected."

zuma

I never trust what the Indo prints in relation to BB, especially if eircom are any way involved due to conflict of interests!

They will never put a positive spin on anyone attacking eircom...NEVER!!!