Investors evaluating the forthcoming Esat share offer on Nasdaq will learn the price at which the shares will be issued next week. The shares have staged a recovery since the issue was announced and the company is expected to be aiming to set the price at anything up to $36 each (£25.70).

The offering of six million shares - 1.3 million new shares and 4.7 million being sold by investors in the November flotation - is expected to go well.

The accelerated deregulation of the voice telephony market in Ireland is a huge bonus for Esat and has kept it popular with investors. Many are buying in the belief that it remains a takeover target. But the shares have been volatile, keeping the cautious investors away.