Vodafone Eircell takeover dependent on shareholder vote

Eircom has said the takeover of Eircell by mobile phone giant Vodafone still depends on the outcome of a vote by shareholders.

A decision will be made at a special emergency general meeting on May 11.

The deal provides for one Vodafone share for every two eircom shares held by existing stakeholders.

Chief executive Alfie Kane said job cuts in multimedia activities will follow in a series of plans to make the company more efficient.