Eircom says nationalisation is ‘last resort’

Eircom executives have said that a return to state ownership would not be in the interests of the company, and that nationalisation was ‘‘a measure of last resort’’.

2nd May, 2009

Eircom executives have said that a return to state ownership would not be in the interests of the company, and that nationalisation was ‘‘a measure of last resort’’.

The Sunday Business Post reported last week that investment bank IBI had proposed a renationalisation of the telco to the Department of Communications, Energy and Natural Resources. However, sources close to Eircom said that, while the company was in need of new investment,...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago