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Eircom announces €1bn investment in Irish infrastructure

Published 15/11/2006

Eircom has announced plans to invest €1bn in developing its infrastructure in Ireland over the next three years.

The company announced the move today while reporting operating profits of €139m for the six months to September of this year.

It says the investment will be used to improve broadband speeds and capacity, as well as develop its Meteor mobile services.

Last week, Eircom's rival BT also announced plans to spend €500m developing its infrastructure on both sides of the border.

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