After a slight pick-up in the last fortnight Eircom shares have continued to languish just over the four Euro mark. They closed at 4.11euro in Dublin yesterday. But there are several developments in the UK and America which could spell good news for Eircom shareholders. Figures giving customer numbers for four telecommunications companies in Britain are out this week. Cellular operators have shown significant market growth. Eircom will be publishing its own figures next month. In the US, a take-over bid is arising for Sprint. This is likely to lead to consolidation of the market worldwide, and benefit smaller operators in Europe, such as Eircom and KPN.
