Briefs: Swisscom in talks with govt on Eircom

Swisscom said Wednesday it is holding talks with the Swiss government on the possibility of buying out Eircom.

The government voted last week to prevent the Swiss phone giant from buying out its Irish counterpart. The government owns about 66 percent of total shares of Swisscom.

The company said that board members have since then been talking to federal authorities, adding that "Swisscom can be expected to inform the general public next week, at the earliest, what action it intends to take" in the future.

Copyright 2005 by United Press International


Explore further

Clock ticks as SpaceX builds craft for NASA

Citation: Briefs: Swisscom in talks with govt on Eircom (2005, November 30) retrieved 23 October 2019 from https://phys.org/news/2005-11-swisscom-govt-eircom.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
0 shares

Feedback to editors

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more