The crisis at eircom
Posted: May 10th, 2010 | Author: antoin | 8 Comments »A union leader recently told the papers that eircom could be on the brink of collapse within six months. Obviously the union has suddenly become aware that there is a large amount of debt overhanging the company.
The fact that eircom has a lot of debt is well known. The actual structure of that debt is less well known. The role of the unions in running up the debt is not talked about much at all. However, these are all key to understanding what will happen next at eircom.
