Some further information on Smart's level of debt with Eircom:
http://www.unison.ie/irish_independent/stories.php3?ca=9&si=1698794&issue_id=14717
but the Eircom/ComReg love-in definitely has something to do with it.
dieter1 said:My outgoing and ingoing were working this morning at 8am. I completely agree with the above poster. The blame ultimately lies with Comreg
Eircoms new owners Babcock & Brown are taking this debt of €4m a lot more seriously then the previous managment in Eircom. It is quite likely that Smart will not survive till the end of the year, be warned.
There is a much bigger picture here in that Smart may end up with something eircom want and Eircom currently have Smart by the Goolies commercially
Additionally, the Chinese company who was allegedly providing the these bond guarantees are now manufacturing own-brand Vodafone 3G phones which are to be lodged soon on the Irish market, so it's unlikely that Vodafone will be all that keen to see what relationship with Smart continue.
Can HelloJed and dieter1 please explain how ComReg is responsible for the problems with Smart Telecom?
And please don't start mentioning the blocking of local loops and all that. Smart Telecom at the moment have access to circa 600,000 home residential customers I believe, for both telephone and broadband packages.
I'm no eircom fan, but you can't blame them for pulling the plug if they suspect they are not going to get paid, surely? I don't like the fact that they own the "local loop" either, but they do, and they are running a business.
Why have Eircom been allowed to keep the lines?
but maybe they should have retained the network?
Rubbish -- can you imagine if the transport networks were nationalised and we didn't have all the competing private toll roads and rail lines!
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?