Pressure mounts on ST Telemedia's Eircom as debt advisers called in

The Irish Times, 24 Feb 2011
HOLDERS OF Eircom’s senior debt have appointed restructuring experts Houlihan Lokey as advisers as they prepare to negotiate with the troubled telecommunications company about billions of euro of outstanding debt.
The mounting pressure on Eircom to find a solution to its debt crisis comes as crunch talks on the future of the former State company take place in Dublin this week.
It is believed four representatives of Singapore-based STT are holding intensive meetings with various Eircom stakeholder groups including Eircom management and board, the employee Esot, and union representatives. Full story