CIE expects €20m from sale of fibre-optic network
Cash-strapped CIE is expected to make €20 million from the sale of its fibre-optic cable network, amid growing political pressure on the firm to address its financial crisis.
Cash-strapped CIE is expected to make €20 million from the sale of its fibre-optic cable network, amid growing political pressure on the company to address its financial crisis urgently through the sale of non-core assets.
The company also expects to raise around €25 million through the sale of properties at the IFSC and Spencer Dock in Dublin.
Industry sources indicated that ESB Telecoms and Vodafone are in the final shake-up for the sale by CIE...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team