Showing posts with label eir. Show all posts
Showing posts with label eir. Show all posts

Thursday, February 14, 2019

eir to invest EUR 500 million in FTTH across Ireland

eir announced plans to invest EUR 500 million in its FTTH network with the goal of passing an additional 1.4 million premises across Ireland.  The fixed network upgrade programme also aims to push top speeds to 10 Gbps.

"Ireland's Fibre Network", the next step in the evolution of eir's network and the expansion of the telecoms infrastructure of Ireland, will pass 180 towns and cities, including every town in the country with more than 1,000 premises.

The investment will follow the completion in June this year of eir's FTTH roll-out to 335,000 rural premises, at a cost of €250 million to eir and with no public subsidy. By June this year, eir will have invested more than €600m in fibre broadband, delivering high-speed fibre broadband to more than 80% of the premises in Ireland or 1.9 million homes and businesses across the country.

CEO of eir, Carolan Lennon said: "I am delighted to announce this substantial investment of more than half a billion euro, which is a key step in the evolution of eir’s network, and indeed of the entire telecoms infrastructure in Ireland. This ambitious project will see 180 towns and cities passed, including every town in the country with more than 1,000 premises. We will deliver not just the fastest and most extensive fibre network in Ireland, but also one of the most extensive in the whole world. We are also investing to improve eir’s customer care by bringing these services back in-house and provided by 750 new eir employees at three new regional hubs in Sligo, Cork and Limerick. Ultimately this investment will mean that eir customers will enjoy the fastest broadband speeds and the best mobile network supported by best in class customer care."

Carolan also said: "eir is by far the largest investor in telecoms in Ireland and over the past five years we have spent €1.5bn on our network. In June we will complete our €250 million rollout of broadband to 335,000 rural premises. While there is still more to be done to deliver high-speed broadband to everyone in rural Ireland, we are proud that our significant investments in rural Ireland to date has helped bring high-speed broadband to more than 90% of the population according to European Commission data, and Ireland is now in the top 25% of EU countries for rural high-speed broadband coverage. Our €1 billion capital investment programme over the next five years will deliver the very best fixed and mobile experience for all our customers across Ireland."

https://www.eir.ie/pressroom/eir-launches-0.5-billion-fixed-network-investment-programme/


  • As of 30-September-2018, eir reported a broadband base of 925,000 customers, growing by 22,000 or 2% year on year, driven by growth in both retail and wholesale divisions. 651,000 customers were using the fibre-based high-speed broadband service, representing an increase of 77,000 customers year on year. 70% of broadband customers are connected to the fibre network, which represents a 36% penetration of fibre premises passed.

    eir's mobile base stood at 1,046,000 customers, decreasing by 11,000 year on year. The postpay subscriber base increased by 34,000 customers or 6% year on year. Postpay customers represent 52% of the total mobile base, an increase of 3 percentage points year on year.

Sunday, February 4, 2018

Eir withdraws from Ireland's National Broadband Plan tender

Eir, the former incumbent telecoms operator in Ireland, has withdrawn its bid from Ireland's National Broadband Plan (NBP) tender process.

The company, which was shortlisted due to its extensive network infrastructure and business experience, cited significant commercial issues and complexity with the tender process. Eir concluded that the uncertainty on a range of regulatory and pricing issues presented too many risks to continue with a bid.

In a press release, Eir said it remains committed to supporting the NBP through commercial access to its network.

Eir also noted that it has invested €1.6bn to improve the telecommunications infrastructure in Ireland and that it now delivers high-speed broadband to 1.7 million premises across the country. Eir also remains fully committed to completing the rollout of high-speed broadband in rural Ireland through the commitment contract it signed with the Government in April 2017 to deliver speeds of up to 1,000Mb/s to 300,000 rural homes and businesses. Upon completion, 80% of premises in Ireland will have access to high-speed broadband.

France's Iliad to acquire Ireland's Eir for €3.5 billion

Iliad, the fully-integrated operator in France with nearly 20 million subscribers, has agreed to acquire eir, the Irish telecommunications and broadband carrier, for approximately €3.5 billion.

eir, which was formerly the state-owned telecom monopoly in Ireland until 1999 (Telecom Eireann), is currently owned by an investor group including Anchorage Capital Group, L.L.C, Davidson Kempner Capital Management LP, GIC, and management.

The offer from Iliad is backed by NJJ Group, the private investment firm of telecoms investor and operator Xavier Niel, who is a prominent French businessman.  Niel is the founder of and owns 52% of Iliad where he serves as Deputy Chairman and Chief Strategy Officer. Under the deal, NJJ will own 32.9% of eir. Iliad SA will own 31.6% of eir. Shareholders Anchorage Capital Group and Davidson Kempner will retain a combined 35.5% share in the company, respectively 26.6% and 8.9%.

eir had revenue of €1.3 billion and earnings before interest, taxation, depreciation and amortisation of €520 million in the financial year to June 30, 2017. eir has about 32% share of the retail fixed broadband market in Ireland. Its share of the retail mobile market is about 18%.

Some additional notes about eir's operations in Ireland as of 30-September-2017:

  • 1,061,000 total mobile customers
  • 48.5% of customers are on postpay contracts
  • eir has approximately 96% LTE coverage
  • Strong momentum in FTTH connections - 12,000 connections, 72% of customers new to eir
  • 1,700,000 premises passed with fibre, including 80,000 of the 300,000 rural premises 
  • 551,000 fiber broadband connections, 61% of total broadband base
  • 896,000 total broadband connections, up 42,000 or 5% year on year 
  • 25% of customers now on triple or quad play bundles
  • eir Vision TV service has a customer base of 71,000 customers, up 17,000 year on year
Iliad, which operates under the "Free" brand, had nearly 13.4 million mobile and 6.5 million broadband subscribers as of 30-September-2017. Its market capitalisation is approximately €12 billion.

Wednesday, December 20, 2017

France's Iliad to acquire Ireland's Eir for €3.5 billion

Iliad, the fully-integrated operator in France with nearly 20 million subscribers, has agreed to acquire eir, the Irish telecommunications and broadband carrier, for approximately €3.5 billion.

eir, which was formerly the state-owned telecom monopoly in Ireland until 1999 (Telecom Eireann), is currently owned by an investor group including Anchorage Capital Group, L.L.C, Davidson Kempner Capital Management LP, GIC, and management.

The offer from Iliad is backed by NJJ Group, the private investment firm of telecoms investor and operator Xavier Niel, who is a prominent French businessman.  Niel is the founder of and owns 52% of Iliad where he serves as Deputy Chairman and Chief Strategy Officer. Under the deal, NJJ will own 32.9% of eir. Iliad SA will own 31.6% of eir. Shareholders Anchorage Capital Group and Davidson Kempner will retain a combined 35.5% share in the company, respectively 26.6% and 8.9%.

eir had revenue of €1.3 billion and earnings before interest, taxation, depreciation and amortisation of €520 million in the financial year to June 30, 2017. eir has about 32% share of the retail fixed broadband market in Ireland. Its share of the retail mobile market is about 18%.

Some additional notes about eir's operations in Ireland as of 30-September-2017:

  • 1,061,000 total mobile customers
  • 48.5% of customers are on postpay contracts
  • eir has approximately 96% LTE coverage
  • Strong momentum in FTTH connections - 12,000 connections, 72% of customers new to eir
  • 1,700,000 premises passed with fibre, including 80,000 of the 300,000 rural premises 
  • 551,000 fiber broadband connections, 61% of total broadband base
  • 896,000 total broadband connections, up 42,000 or 5% year on year 
  • 25% of customers now on triple or quad play bundles
  • eir Vision TV service has a customer base of 71,000 customers, up 17,000 year on year


Iliad, which operates under the "Free" brand, had nearly 13.4 million mobile and 6.5 million broadband subscribers as of 30-September-2017. Its market capitalisation is approximately €12 billion.

Xavier Niel, Iliad and NJJ Telecom Europe, said: "eir is an essential part of the Irish economy and we have closely followed its transformation over the last five years through the excellent work of its team. We are a long-term investor in the telecoms sector and bring global knowhow to eir. In our businesses in France, Monaco and Switzerland we have consistently delivered investment in infrastructure, while driving down prices for consumers.

Carl Leaver, Chairman of Eircom Holdings (Ireland) Limited, said: “Today marks an important milestone for eir, our customers and indeed for Ireland itself. Iliad and NJJ Telecom Europe bring a wealth of global telecommunications experience which will be of huge benefit to eir and its customers. Coupled with the continued involvement of our existing shareholders, Anchorage Capital and Davidson Kempner, the company is well positioned to continue its operational transformation, underpinned by sustained investment, innovative products and services and improved financial performance”.

The acquisition requires regulatory consent from the government of Ireland and the EU.

See also