€114.3m Buys Eircom A 3G License

So, Eircom, and presumably (I’m presuming), Meteor as the mobile arm of Eircom, have been granted the country’s 4th 3G license – the one that was supposed to be taken by Smart Telecom before they went belly-up big style.

Comreg confirmed the deal is worth €44m up front with the remainder spread over the next fifteen years, provided of course that Eircom meet a few targets including 33% demographic coverage by the end of next year.

Guess things are on the up for Eircom. A turnaround in their developments going forward, a big push on customer services (seen as they’re always harping on about it on the radio with their new CS head guy) and all since their sale last summer. I’ve still no interest in returning to Eircom as a home phone provider, and have questioned their business broadband in the last few months (I’ve found Chorus to be more reliable) AND I’ve certainly no plans to change mobile provider – but all the same – its great to see the introduction of more competition.