Cable firm to close with 106 job losses
Two weeks after workers were told that the company was being put into receivership, they were last night brought together and told that, after three decades operating in Aghafad the business was to be wound down.
In the intervening weeks, receiver Alan Flanagan of Deloitte tried to find a buyer willing to take on the cable firm as a going concern. However, he told workers those efforts had proved unsuccessful and he had no choice but to “dispose of the assets on a piecemeal basis”.