Tuesday, October 03, 2006
smart idea
well, well, well, when is a smart idea a bad idea.I have no phone line,can't make any incoming or out going calls and worst of all I'm going to have to go crawling back to eircom rip off fuckers,
fuck smart to hell I hate eircom fuck eircom to hell. and how come last week I got an email from Smart say that they would pay me 25euro if I got people to change over to them.
comreg are'nt saying much
Notice for all Smart Telecom customers
As a result of a commercial dispute between eircom and Smart telecom many Smart Telecom customers have experienced disruption to their service(s).ComReg has convened a meeting between Smart Telecom and eircom for this morning(3rd October 2006) to try to resolve the current difficulties. ComReg will update consumers on developments and will provide more information as soon as it becomes available.
News : Irish
Last Updated: Oct 3rd, 2006 - 06:50:55
Ailing Smart Telecom on brink of collapse as Eircom cuts services to 45,000 customers By Finfacts TeamOct 3, 2006, 06:41
On Thursday the 4th of May, Microsoft awarded Smart Telecom the ICT Company of the Year 2006. This was awarded to Smart Telecom for excellence in marketing, implementing and supporting ICT solutions. - - Taoiseach Bertie Ahern (r) presenting the award to former CEO Oisin FanningMore than 45,000 of Smart Telecom's customers had their phone service switched off Monday evening.
Eircom, which operates the network used by Smart, cut the service of its ailing rival.
Ireland's top telco said that Smart owes it several million euros for the use of the network and that it is not confident that the money will ever be paid.
Smart lost €36m in the first half of 2006 as its extensive promotional campaigns failed to generate enough new revenue.
Last February, Smart Telecom was dealt a body blow when the communications regulator ComReg withdrew the offer of the country's fourth 3G licence, awarded last November.
In a statement, ComReg had said that it believed the company had failed to meet certain conditions of its original offer. It said accordingly, that it no longer intended to award the licence to Smart.
It is understood that Eircom switch-off on Monday of all of Smart's ordinary customers was planned for 5 pm but technical difficulties meant the move was delayed until 6.30pm. It is also understood that Eircom met with Comreg, the communications regulator, to advise it of its plans.
In order to avail of Eircom's network, Smart had to lodge a multi-million-euro bond which Eircom can call on in the event that the smaller telephone company failed to pay its bill. It is understood that Smart's level of indebtedness to Eircom runs to millions of euro above this bond.
The move will affect 45,000 Smart customers who have an ordinary telephone service. Smart's 16,000 broadband customers have not been affected. This is because Eircom has to physically disconnect these customers from its exchanges.
This process will take some weeks, after which these customers may also be disconnected.
Smart shares are traded on the Alternative Investment Market (AIM) in London. Yesterday they were trading at stg2.5p, having plunged from 27p earlier in the year.
The customers who were cut off last night will still hear a dialling tone, which is known as a soft dialling tone.
This means that they will still be able to receive calls and will be able to make emergency (999) calls.
As the owner of the principal telephone network and a seller of services, Eircom is both a wholesaler and a retailer.
Under the rules by which the market operates, Eircom's wholesale unit cannot advise its own retail arm of the mass disconnection.
This rule, which is meant to prevent Eircom from taking advantage of its dominant position to compete unfairly with other companies, also inhibits its ability to facilitate Smart customers with an immediate alternative service.
Last month Smart announced that its chief executive, Oisin Fanning, was stepping down and that it was reviewing all of its business areas.
It announced last month that it would reduce its head count from by 180 to 100 staff, within a three-month period..
Last November, Smart Telecom said it had raised €44.4 million and planned to convert a further €10.8 million of debt after issuing 186.7 million new shares. The telecoms company said the proceeds from the shares issue will help it win more broadband customers. Under the issue, Oisin Fanning, then chief executive, and Brendan Murtagh, director were to double their stakes in the company. Alan Murtagh and Fergal Murtagh also joined the Smart Telecom board.
Brendan Murtagh of the Kingspan building materials group, has a 20 percent stake in Smart.
fuck smart to hell I hate eircom fuck eircom to hell. and how come last week I got an email from Smart say that they would pay me 25euro if I got people to change over to them.
comreg are'nt saying much
Notice for all Smart Telecom customers
As a result of a commercial dispute between eircom and Smart telecom many Smart Telecom customers have experienced disruption to their service(s).ComReg has convened a meeting between Smart Telecom and eircom for this morning(3rd October 2006) to try to resolve the current difficulties. ComReg will update consumers on developments and will provide more information as soon as it becomes available.
News : Irish
Last Updated: Oct 3rd, 2006 - 06:50:55
Ailing Smart Telecom on brink of collapse as Eircom cuts services to 45,000 customers By Finfacts TeamOct 3, 2006, 06:41
On Thursday the 4th of May, Microsoft awarded Smart Telecom the ICT Company of the Year 2006. This was awarded to Smart Telecom for excellence in marketing, implementing and supporting ICT solutions. - - Taoiseach Bertie Ahern (r) presenting the award to former CEO Oisin FanningMore than 45,000 of Smart Telecom's customers had their phone service switched off Monday evening.
Eircom, which operates the network used by Smart, cut the service of its ailing rival.
Ireland's top telco said that Smart owes it several million euros for the use of the network and that it is not confident that the money will ever be paid.
Smart lost €36m in the first half of 2006 as its extensive promotional campaigns failed to generate enough new revenue.
Last February, Smart Telecom was dealt a body blow when the communications regulator ComReg withdrew the offer of the country's fourth 3G licence, awarded last November.
In a statement, ComReg had said that it believed the company had failed to meet certain conditions of its original offer. It said accordingly, that it no longer intended to award the licence to Smart.
It is understood that Eircom switch-off on Monday of all of Smart's ordinary customers was planned for 5 pm but technical difficulties meant the move was delayed until 6.30pm. It is also understood that Eircom met with Comreg, the communications regulator, to advise it of its plans.
In order to avail of Eircom's network, Smart had to lodge a multi-million-euro bond which Eircom can call on in the event that the smaller telephone company failed to pay its bill. It is understood that Smart's level of indebtedness to Eircom runs to millions of euro above this bond.
The move will affect 45,000 Smart customers who have an ordinary telephone service. Smart's 16,000 broadband customers have not been affected. This is because Eircom has to physically disconnect these customers from its exchanges.
This process will take some weeks, after which these customers may also be disconnected.
Smart shares are traded on the Alternative Investment Market (AIM) in London. Yesterday they were trading at stg2.5p, having plunged from 27p earlier in the year.
The customers who were cut off last night will still hear a dialling tone, which is known as a soft dialling tone.
This means that they will still be able to receive calls and will be able to make emergency (999) calls.
As the owner of the principal telephone network and a seller of services, Eircom is both a wholesaler and a retailer.
Under the rules by which the market operates, Eircom's wholesale unit cannot advise its own retail arm of the mass disconnection.
This rule, which is meant to prevent Eircom from taking advantage of its dominant position to compete unfairly with other companies, also inhibits its ability to facilitate Smart customers with an immediate alternative service.
Last month Smart announced that its chief executive, Oisin Fanning, was stepping down and that it was reviewing all of its business areas.
It announced last month that it would reduce its head count from by 180 to 100 staff, within a three-month period..
Last November, Smart Telecom said it had raised €44.4 million and planned to convert a further €10.8 million of debt after issuing 186.7 million new shares. The telecoms company said the proceeds from the shares issue will help it win more broadband customers. Under the issue, Oisin Fanning, then chief executive, and Brendan Murtagh, director were to double their stakes in the company. Alan Murtagh and Fergal Murtagh also joined the Smart Telecom board.
Brendan Murtagh of the Kingspan building materials group, has a 20 percent stake in Smart.
