Friday, April 20, 2012

Examiner reports: Eircom booked EUR1.49bn pre-tax loss for 2010/11

Ireland’s foundering former monopoly operator Eircom made a pre-tax loss of EUR1.49 billion (USD1.95 billion) for the financial year ended 30 June 2011 on revenues that fell by 8% year-on-year to EUR1.68 billion. According to The Irish Times, the telco’s results were revealed in a report to the Republic’s High Court by interim examiner Michael McAteer of Grant Thornton, who yesterday had his appointment confirmed by Mr Justice Peter Kelly


Originally posted here:

OVETEL Examiner reports: Eircom booked EUR1.49bn pre-tax loss for 2010/11

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