PRESSURE IS starting to mount on STT to decide what it is going to do about Eircom.
The Singapore-based group – which is owned by the city-states sovereign wealth fund Temasek – has been a model of eastern inscrutability since taking control of the national phone network at the start of last year.
They paid a mere €140 million for the company, but it came with an unsustainable debt mountain of €3.75 billion. Full story
