Eir sells half its fibre network

Irish telco Eir has completed a deal to sell a shade under half of its fibre broadband network to investor InfraVia, a move that will help it to fund its rollout plans.
And there’s a rumour it could provide a hefty payout for shareholders too.
The Irish incumbent has wrapped up the deal it announced in January to create a new subsidiary, known as Fibre Networks Ireland Limited, and hand a 49.99% stake in it to European private equity firm InfraVia Capital Partners.
The companies have not b