The process of selecting a suitable partner for Telecom Éireann is now well under way. Earlier this month an information memorandum was issued to all potential partners. It is envisaged that the process of selecting a partner will be completed by the end of the summer this year.
The successful partner will be chosen on its ability to help transform Telecom Éireann into a successful operator in a competitive market. This is the primary purpose of an equity-based alliance between Telecom Éireann and a suitable partner.
The eventual winner will be chosen following a two-stage tendering and evaluation process. The Government will be assisted through the process by a consortium of international advisers.