Eircom lose bid to put stay on price reduction for access to broadband network

Eircom Ltd (trading as eir) claimed it would suffer losses of between €4.5m and €7m annually as a result of the reduction in price. File photo
The High Court has refused to halt a reduction to the wholesale price Eircom can charge for access to its broadband network.
Eircom Ltd (trading as eir) claimed it would suffer losses of between €4.5m and €7m annually as a result of the reduction in price it charges to other service providers under the change imposed by the communications regulator, Comreg.