fundamentals eng, fre and the big boys

Engin market cap: 80M EPS(05), 3.0c P/E 11.7
Fre market cap: 90M EPS(05), {- 1.0c} P/E no earnings

TLS P/E 12.7 SGT P/E 15.2

Above values fluctuate, with figures calculated for ENG at 35c, but the question should be where is the growth more likely to be found and Engin's current P/E doesn't look exorbitant next to the goliaths of telecom.
Regards RM