Independent.ie, 21 Sep 2009
With the Eircom saga taking another twist and Singapore Technologies Telemedia (STT) set to take over the troubled telecoms firm, the Eircom Share Ownership Trust (ESOT) now has an opportunity to play a pivotal role in the company's future.
It has done well out of Eircom to date.
Thousands of its beneficiaries, 14,000 current and former workers at the firm, have profited, tax-free, from €800m in cash payouts since the body was set up in 2001 as part of the Valentia consortium takeover of Eircom.
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