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Singapore Technologies makes offer for BCM

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    #2
    Sponge Bob
    Banned (with Prison Access) Posts: 25,234 ✭✭✭✭Sponge Bob


    they own Global Crossing and are 'already' in Ireland .


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    #3
    thebman
    Closed Accounts Posts: 10,012 ✭✭✭✭thebman


    What do they do in Ireland?

    I would have presumed it is still better than the other offer although I may be wrong since I know nothing about it.


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    #4
    thebman
    Closed Accounts Posts: 10,012 ✭✭✭✭thebman


    What do they do in Ireland?

    I would have presumed it is still better than the other offer although I may be wrong since I know nothing about it.


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    #5
    Sponge Bob
    Banned (with Prison Access) Posts: 25,234 ✭✭✭✭Sponge Bob


    They own quite a bit of our international fibre and they are a real telco not a pack of vulture capitalists .

    Could have been worse, Three also tried to buy global crossing

    http://www.nytimes.com/2003/05/01/business/technology-hong-kong-partner-quits-joint-bid-for-global-crossing.html


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    #6
    trekkypj
    Registered Users Posts: 346 ✭✭trekkypj


    I don't know whether it'd be a better offer in monetary terms. We'll have to wait for details.

    But it's probably better to let a telco buy in, rather than a known corporate (pirate?) raider pillage what's left in the kitty. At least they have expertise with fibre. :pac:

    Maybe joint ownership with the Govt? That hasn't been suggested yet. Govt could act as financier and provide a guarantee for the debt....


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    #7
    Tom Young
    Legal Moderators, Society & Culture Moderators Posts: 4,338 Mod ✭✭✭✭Tom Young


    Ideally, we need a middle eastern or US firm to buy eircom.


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