Finland's Wireless Fast Track Thanks in large measure to mobile handset pacesetter Nokia, this small nation, about the size of Montana with a population of some 5 million people, is where the rest of the world looks for wireless guidance. But so far no one is willing to put it together. Printer friendly version.
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A consortium led by Irish publisher Tony O'Reilly said Monday it has approached Irish telecommunications company Eircom PLC about making an offer for the former state telecommunications monopoly. Goldman Sachs Group Inc. The consortium has appointed O'Reilly non-executive chairman. Goldman Sachs International is advising the bidders. The fact that O'Reilly may come in at a premium is great news for shareholders. Monday's announcement of the talks follows Eircom's announcement earlier this month that it will cease a number of operations and cut jobs to focus on its core fixed-line operations.