Viatel, the European telecoms firm recently snapped up by the Irish company Digiweb, has said it may require additional funding to develop its business, adding that it expects to be ''cash absorptive for the foreseeable future.
However, Viatel said it expected Digiweb to make the required finance available, and to provide the company with enough money to enable it to continue as a going concern.
Digiweb acquired Viatel last year as part of its expansion...
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