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Eircom PhoneWatch sold

  • 10-05-2013 6:45pm
    #1
    2011
    Moderators, Home & Garden Moderators, Technology & Internet Moderators, Regional East Moderators Posts: 12,641 Mod ✭✭✭✭


    Eircom PhoneWatch sold to Sector Alarm Corporation.

    I heard on the news that it went for over €100m :eek:


Comments

  • #2
    KoolKid
    Moderators, Home & Garden Moderators, Technology & Internet Moderators Posts: 24,789 Mod ✭✭✭✭KoolKid


    I wouldn't have put its value that high. I can foresee a big clean out if they want to see a return on their investment.


  • #3
    Thunderbird2
    Closed Accounts Posts: 1,250 ✭✭✭Thunderbird2


    Say bye bye to the GE systems ...
    Hopefully they'll start using the likes of Visonic or GSD.
    €100m that's a lot ..... Maybe this crowd will take pride in the business .


  • #4
    Huntthe
    Registered Users, Registered Users 2 Posts: 480 ✭✭Huntthe


    Phonewatch has always been profitable. They won't have to do much to get their money back.Eircom had no ambition for the company and where stifling growth. No doubt there will be some old heads out and some new ones in. I believe Sector use Honeywell systems.


  • #5
    altor
    Registered Users, Registered Users 2 Posts: 11,855 ✭✭✭✭altor


    Huntthe wrote: »
    Phonewatch has always been profitable. They won't have to do much to get their money back.Eircom had no ambition for the company and where stifling growth. No doubt there will be some old heads out and some new ones in. I believe Sector use Honeywell systems.

    Lets hope they start at the top down.

    www.altor.ie



  • #6
    Solair
    Closed Accounts Posts: 7,230 ✭✭✭Solair


    PhoneWatch is an absolutely huge purchase for Sector Alarms' entire operation and added 100,000+ customers to their company. (They only had 200,000 to start out with).

    PhoneWatch's branding's also vastly superior ! Just had a look at Sector's website and the whole imaging around PhoneWatch is just light years ahead.

    Technology-wise, it's all really just a matter of buying alarm systems in and marketing them. PhoneWatch's done a good job of this with ITI and then GE.

    I still preferred the old ITI system to the current batch of GE systems they have now and there's always that question mark over relying totally on wireless in your house (although they do have wired alternatives).

    But, all-in-all, PhoneWatch has been quite hugely successful for an alarm installer/monitoring company. I know they aren't always the flavour of the month on here though in terms of price and technology. But, as a brand they're a huge success story.

    It would also seem a bit daft to re-brand PhoneWatch, it's pretty much a household name in Ireland and very recognisable.


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