Investor Relations
News Detail
2nd Feb 2000
Independent News & Media announces technology deal for new ISP launch and
Independent News & Media PLC and Internet Ireland announced a technology deal with NetGem S.A. of France initially worth IR
This announcement underpins the acquisition strategy of Internet Ireland by Independent News & Media PLC and its 50% associate Princes Holdings (PHL) - co-owned by Liberty Media (LMG.A). PHL is Ireland's second largest cable TV/ MDS operator after NTL/ Cablelink (NTLI), managing over 230,000 subscribers throughout Ireland, with homes passed exceeding 600,000.
The NetGem technology arrangement will facilitate the biggest-ever launch of an Irish ISP portal site through Internet Ireland, with an initial IR
