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This could be bad news

  • 15-04-2002 8:29am
    #1
    Users Awaiting Email Confirmation Posts: 3,129 ✭✭✭


    BT (Esat) pullout to open door for Eircom

    EIRCOM could return to a near monopoly position in the residential telecoms market with 98pc of customers if British Telecom fails to sell its loss-making home phone division in Ireland.

    The UK company is to review its Esat operations and has appointed Bill Murphy as acting chief executive to decide on the future of the residential business.

    Industry sources yesterday said it would be very difficult to sell the loss-making division in Ireland, and it would be more likely that the operation would be shut. Earlier this week, British Telecom said it would close its consumer businesses if they were not profitable.

    Full story at:
    http://www.unison.ie/irish_independent/stories.php3?ca=184&si=731907&issue_id=7229


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