17 Facts About Eircom

Eircom Limited, trading as Eir, is a large fixed, mobile and broadband telecommunications company in Ireland.

Eircom was in majority state ownership until 1999, when it was privatised through a floatation on the Irish and New York Stock Exchanges.

Eircom has used EDGE technology on its network and has received a 3G license, formally removed from Eir's competitor, Smart Telecom.

Eircom flotation is considered to have been an example of a stock market bubble — after the initial hype of the flotation died down, the stock price fell rapidly.

Eircom was transferred to a separate entity, Eircell 2000 plc which was then sold to Vodafone through a share swap.

Related searches

Eircom Plc was delisted from the stock exchange, became Eircom Limited, a private limited company by shares and a subsidiary of Valentia, and O'Reilly took the reins as Executive chairman.

Eircom announced the agreement to purchase it on 25 July 2005 at a cost of €420m.

Eircom was successful in bidding for a 4G LTE License from Comreg, which permitted Meteor and eMobile to launch 4G services in 2013.

In September 2015, Eircom announced that it would re-brand as eir as part of a new imaging campaign developed by Moving Brands.

Eircom announced in June 2007 that from 30 July line rental charges would increase by €1.

In March 2011, Eircom pleaded guilty to a breach of the Data Protection Act at the Dublin District Court.

On 21 April 2008, Eircom rejected claims by four major record companies that it, as the largest broadband internet service provider in the state, must bear some liability for the illegal free downloading of music by computer users.

Eircom has reportedly signed an out-of-court settlement with said companies and are initiating a program to clamp down on piracy, within their network, by instituting an IP monitoring service, accessible by the Irish Recorded Music Association and allowing up to three warnings before disconnection of service.

Eircom agreed to a controversial deal with the IRMA to activate a "three strikes system" so that users would be banned from the Internet for seven days if they appeared to be downloading copyrighted content through peer to peer filesharing networks.

Eircom notified the public in February 2012 that they had decided to no longer honour their debt, had entered default status and would not continue as a going concern.

Eircom gave notification that they had cancelled a mandatory interest payment on their publicly-traded senior corporate bond, then due to mature in 2016.

On 29 March 2012, a number of companies within the Eircom Group presented a petition to the Irish High Court for the appointment of an examiner.