Last week’s announcement that Australian merchant bank Babcock & Brown (B&B) had agreed to buy Ireland’s main telecom, Eircom, for €2.42 billion came as no surprise to anyone. But the impact of the new owner on the telecom market remains to be seen.
B&B, which will be Eircom’s fifth owner in seven years, has said that it plans to expand Eircom’s broadband and mobile business. It is not yet...
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