€1.5bn investment and revenue growth in the Eir

Richard Moat, chief executive of Eir, formally Eircom Picture: Feargal Ward

The boss of telecoms company Eir, which changed its name from Eircom last week, said the company isn’t under pressure from its investors to return cash or sell the business.

Eir last year abandoned plans to seek a stock market listing and more recently turned down a €3.3 billion takeover attempt, which it said undervalued the business.

Richard Moat, who took over as chief executive almost a year ago, said another change of ...