The Irish Independent newspaper reports that ailing former monopoly Eircom hopes to avoid implementing another round of job cuts and forge ahead with EUR400 million (USD537.5 million) investment in ultra-high speed fibre networks, even as it seeks examinership status – possibly within the next few weeks. The telco is rewriting its long-term recovery plan in light of higher–than-expected falls in revenues and a new plan is likely to be submitted to creditors and lenders soon
See original article:
OVETEL Eircom to plough on with EUR400m broadband plan; ailing firm seeks white knight
No comments:
Post a Comment