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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 eamon.quinn@dowjones.com

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Financials ( GBP)
Sales 2017 44 494 M
EBIT 2017 3 737 M
Net income 2017 1 299 M
Debt 2017 31 838 M
Yield 2017 5,17%
P/E ratio 2017 45,96
P/E ratio 2018 32,19
EV / Sales 2017 2,11x
EV / Sales 2018 2,05x
Capitalization 61 957 M
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 2,51  GBP
Spread / Average Target 7,9%
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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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