AT&T Said to Eye Irelands Eircom for Low-Tax Route Into Europe

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AT&T Inc. reportedly wants to buy Ireland’s Eircom as a way to get a “low-tax route into Europe,” according to an unconfirmed article in The Sunday Business Post.

The paper says high-level AT&T executives have been seen at Eircom’s Dublin headquarters in recent weeks.

Eircom keeps changing the timeline of its projected IPO and observers speculate that AT&T could take advantage of that financial back-and-forth by purchasing it. That move would, in turn, give AT&T a foothold in Europe.