Wednesday, December 14, 2011

Eircom releases pessimistic earnings warning

Ailing Irish operator Eircom has published a statement warning that its earnings for fiscal 2011 will be significantly lower than for the year-earlier period due to the flagging Irish economy. The fixed and mobile operator said that lower consumer confidence and competition is putting increased pressure on its performance in all business market segments. On a more positive note, Eircom confirmed it is on track to launch a fibre-optic rollout plan in January.


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OVETEL Eircom releases pessimistic earnings warning

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