State-backed fund in Smart Telecom bailout

{ "#" : "A state-backed venture capital fund has emerged as a major investor in the company that took over Smart Telecom’s failed phone and broadband business following its spectacular collapse last year, has learned." , "i" : "The Sunday Business Po

16th June, 2007

{ "#" : "A state-backed venture capital fund has emerged as a major investor in the company that took over Smart Telecom’s failed phone and broadband business following its spectacular collapse last year, has learned." , "i" : "The Sunday Business Post"}

Funds from state business development agency Enterprise Ireland, as well as Bank of Ireland and a number of private investors, will be used to contribute approximately €3 million towards Smart Yuroe Broadband (SYB).

SYB, formerly known...

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