Minister for Communications Eamon Ryan has ruled out State ownership of telecoms provider Eircom.
Speaking at the Telecommunications and Internet Federation's annual charity ball last night, the Minister said that while the Government attached significant importance to Eircom, State ownership of the company was not on his agenda.
Mr Ryan criticised what he called Eircom's short-term ownership model and said he would welcome and facilitate investors with the capacity to invest in a long-term business model for Eircom.
