Eircom faces mobile challenge with acquisition of Meteor
It's been an unpredictable ride for Eircom shareholders since the monopoly fixed-line phone firm came back to the market 16 months ago.
It's been an unpredictable ride for Eircom shareholders since the monopoly fixed-line phone firm came back to the market 16 months ago. And it's likely to get more interesting now that the company is poised to buy mobile phone operator Meteor.
For the first six months of their return in March last year, Eircom shares traded below their €1.55 offer price. The shares went on to hit an all-time high of €2.20 before they started sliding...
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