O’Reilly hits out at Eircom critics

IRISH Independent owner Tony O’Reilly has hit out at media coverage of Eircom, accusing journalists of misreporting its investment in the telecoms network.

And the Eircom chairman said individual investors who lost money in the first Eircom flotation could have lost more.

In a lengthy address to Eircom's first annual general meeting since its re-flotation on the stock market earlier this year, Mr O'Reilly said Eircom's investment in broadband internet technology "has exceeded every major country in