Commercial Court asked to approve eircom survival plan

Commercial Court asked to approve eircom survival plan

The Commercial Court is being asked to approve a survival scheme for eircom that will see 1,000 redundancies over a number of years.

The examiner is proposing a five-year plan that includes capital investment of €1.5bn in the telecoms group.

Eircom has around one million fixed-line customers and owns mobile operator Meteor.

The group employs nearly 6,000 people.


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