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Technology Stocks : Telecom Eireann (NYSE:EIR)
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To: Geoffrey Murray who wrote (14)7/21/1999 10:23:00 AM
From: Seamus McKenna   of 18
 
Hi Geoffrey,

Yes, ESAT uses some of EIR's infrastructure but it is gradually building up its own, particularly in the GSM area where it can relatively easily provide microwave transmitters. It also brought in, just yesterday or the day before, a submarine fibre optic cable for its own use.

Please understand that I do not see this and the advent of other providers as bad for EIR - on the contrary, I'm one of those people who believe that competition is vital for EIR's success. It has plenty of resources and strong management.

Regards

Seamus McKenna
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