John Browne (Wexford, Fianna Fail)

The State has no plans to re-invest in the Eircom infrastructure. Babcock & Brown has approached the Department and explained its interest in Eircom. I am sure that other companies will also be interested and inform the Department accordingly. The Government has no interest in reacquiring Eircom. It will be for private investors to get involved. In recent months, Babcock & Brown Capital Limited has acquired shares in Eircom Group plc.

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