FCMR Posted June 27, 2005 Share Posted June 27, 2005 I have heard a little rumour that the MEA or its CE has sold two links to the MEA cable to two Private Business Men on the Island Link to comment Share on other sites More sharing options...
simon Posted June 27, 2005 Share Posted June 27, 2005 I have heard a little rumour that the MEA or its CE has sold two links to the MEA cable to two Private Business Men on the Island Well originally -> wasn't Capt Thingy (he who runs one of the ISPs) part of a deal to manage and run the data side of it? I'm sure it was in the local rag a few years ago. Link to comment Share on other sites More sharing options...
Ringwraith Posted June 29, 2005 Share Posted June 29, 2005 NEWS - CLICK Link to comment Share on other sites More sharing options...
manxman8180 Posted June 29, 2005 Share Posted June 29, 2005 Has the IOM got central reserves of £120 millions. Will there be much left? <{POST_SNAPBACK}> The last time I saw some figures the IOM had an invested reserve of just over a billion. That was about 18 months ago IIRC. It would make a sizeable hole, certainly. Link to comment Share on other sites More sharing options...
Snaipyr Posted June 30, 2005 Share Posted June 30, 2005 I believe there was something in The Guardian today about the MEA - can anyone provide a link please. Link to comment Share on other sites More sharing options...
RC-Drift.com Posted June 30, 2005 Share Posted June 30, 2005 I have heard a little rumour that the MEA or its CE has sold two links to the MEA cable to two Private Business Men on the Island <{POST_SNAPBACK}> and no two guesses here then (I can see both now and one was in a previous photo in this thread - allegedly) Link to comment Share on other sites More sharing options...
Ringwraith Posted June 30, 2005 Share Posted June 30, 2005 Guardian story HERE Link to comment Share on other sites More sharing options...
lfc84 Posted June 30, 2005 Share Posted June 30, 2005 I believe there was something in The Guardian today about the MEA - can anyone provide a link please. <{POST_SNAPBACK}> Found it by searching for MEA on the search engine at the Guardian website...... http://www.guardian.co.uk/business/story/0,,1517685,00.html Link to comment Share on other sites More sharing options...
Static Posted June 30, 2005 Share Posted June 30, 2005 Quote form the Guardian article.... Asked about the criticism he, and the rest of the MEA board, have been receiving, Mr Proffitt dismissed it as a "storm in a tea cup. I have been on the receiving end of a concerted campaign to discredit me. Everyone acknowledges that we delivered a first class power station at a time when the island's old infrastructure was falling apart." Mr Proffitt left MEA in 2004. Storm in a teacup? The ****** has left us all saddled with a huge debt and dismisses it as that!!!!! And he's as happy as a pig in muck with his new renewables company and his payoff. He should be hauled over the coals (but then we don't have a coal fired power station though it may have saved us some money!) Link to comment Share on other sites More sharing options...
Snaipyr Posted June 30, 2005 Share Posted June 30, 2005 Thanks for the link. I still don't understand why there's no mention of why the cable wasn't used for the purpose it was intended for though. Link to comment Share on other sites More sharing options...
ButterflyMaiden Posted June 30, 2005 Share Posted June 30, 2005 The PKF report is a total whitewash and does not reveal what has actually gone on. <{POST_SNAPBACK}> I understand the report has been delivered and presumably, if your post has any credibility, you must have read it. Is the report in the public domain ? If so where can it be obtained ? If not, how do you know it is a total whitewash ? Link to comment Share on other sites More sharing options...
joeyconcrete Posted June 30, 2005 Share Posted June 30, 2005 The MEA could never have realistically operated as an ISP. The cable is the key to cheaper internet access, not broadband over power. My understanding is the kit is more expensive, not as standard and not as widely available. On the flipside, it may well be good but while both wireless and copper exist its not really going to be revolutionary. I can certainly understand MT not being the greatest fan of the MEA lighting the fiber, or any other company for that matter. I wouldn't be surprised if MT manage to get their hands on the off-island fiber, either by way of the government or O2. Link to comment Share on other sites More sharing options...
germann Posted June 30, 2005 Share Posted June 30, 2005 Just how much revenue could the MEA get/have got from broadband via the mains? MT & Domicillium probably have a lot less than 20,000 broadband subscribers between them. At around 30 quid a month, which is probably the most normal internet users would pay, they'd need the population of at least a major city to see a long-term return on their investment. Madness. Link to comment Share on other sites More sharing options...
Alias Posted June 30, 2005 Share Posted June 30, 2005 13,000 (or 11,000?) broadband users, around that. BT also own half the MT pipes. Do the MEA have more pipes accross? We're only a small island remember, we're not very attractive to companies... Link to comment Share on other sites More sharing options...
joeyconcrete Posted June 30, 2005 Share Posted June 30, 2005 I think the Island would be at an advantage if it had substantial off-island connectivity. The offshore status is attractive to some companies one for the obvious financial benefits and the other is the perceived confidentiality when compared to the UK. Mainland companies have the advantage that once they've bought their bandwidth from a Tier1 ISP, they can have it via a local tail. The IOM is a different story because the "local" tail is in fact a trans-Irish Sea fiber. BT own one, which MT pay for and C&W do which again MT and others use. Its this cost which stops good value internet. However - the MEA have a very large off-island pipe which is doing nothing whatsoever. Link to comment Share on other sites More sharing options...
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