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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Vodafone Group plc    VOD   GB00B16GWD56

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Ireland to Get EUR854.6 Million by 2030 On Mobile Phone Spectrum Auction

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11/16/2012 | 01:04pm CEST

By Eamon Quinn

DUBLIN--Ireland will receive a total of more than 854.6 million euros ($1.1 billion) over the next 18 years after it sold so-called spectrum rights to four telecommunications firms to provide fourth generation mobile phone services.

Government agency the Commission for Communications Regulation, or ComReg, said Thursday an auction of spectrum rights will raise EUR481.7 million in upfront fees and a further EUR372.9 million in "usage fees" through 2030.

Vodafone Ireland, Telefonica Ireland, Eircom unit Meteor Mobile and Hutchison Three 3G Ireland won the licenses, ComReg said.

Write to Eamon Quinn at [email protected]

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Financials (€)
Sales 2018 48 734 M
EBIT 2018 4 541 M
Net income 2018 1 892 M
Debt 2018 25 920 M
Yield 2018 5,59%
P/E ratio 2018 34,06
P/E ratio 2019 25,92
EV / Sales 2018 1,97x
EV / Sales 2019 1,94x
Capitalization 70 234 M
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 2,75 €
Spread / Average Target 4,6%
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NameTitle
Vittorio Amedeo Colao Chief Executive Officer & Executive Director
Gerard Johannes Kleisterlee Chairman
Nicholas Jonathan Read Group Chief Financial Officer & Executive Director
Johan Wibergh Group Technology Officer
Philip Edward Yea Senior Independent Non-Executive Director
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