Eircom's sad lessons

Another chapter ensued in the sorry tale that Eircom's history has become, when an interim examiner was appointed to the company last Friday. The history of the company carries some important lessons about the type of investor required for such a vital industry - and these need to be learned in terms of the sales of state assets as part of the EU/IMF programme.

The problem with much of Eircom's recent history is ...