3 plans debut while Eircom mulls re-entry to the wireless scene

27 May 2005

Hutchison’s Irish arm 3 Ireland is stepping up plans for its launch later this year. According to the report 3 has invested more than EUR200 million in its network and has secured handset deals with NEC and LG.

Meanwhile Eircom, the country’s fixed line incumbent, has revealed it is looking at ways to re-enter the wireless arena having quit in 2001 with the sale of its subsidiary Eircell to Vodafone. The company claims to be committed to getting back into the market but accepts that progress thus far has been slow. It declined to comment on reports that it was in talks with Western Wireless International to buy its local subsidiary Meteor, saying only that re-entry must be achieved on ‘commercially acceptable terms’. The revelation came as Eircom announced its annual results which showed a 2% fall in sales to EUR1.6 billion although EBITDA rose 2% to EUR615 million.