Irishtimes.com, 25 Jun 2009, CIARÁN HANCOCK
THE Communication Workers Union has given its support to a bid for Eircom by Singapore Technologies Telemedia (STT).
This comes just one week after the employee share ownership trust (Esot) backed STT’s bid to acquire Eircom.
The union, which represents more than 5,000 workers at Eircom, said STT’s offer was “the only credible option” for the future of the heavily indebted Irish telecoms company.
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Related:
Eircom Confirms Proposal From Singapore Technologies Telemedia - Bloomberg.com
