Type
Closure
Country
Ireland
Region
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

120 jobs
Number of planned job losses
Job loss
Announcement Date
20 January 2010
Employment effect (start)
21 January 2010
Foreseen end date

Description

About 120 staff in telecommunications company Sigma Telecom have been laid off due to the winding up of the 3G mobile phone retailer. Sigma Telecom was both a creditor of, and a shareholder in, 3G. Ulster Bank appointed a receiver to Sigma Telecom at the company's invitation. There were initially hopes that the business, which supplied the 3G shops, but also mobile network operator, Meteor, could be saved. But Meteor, which was Sigma Telecom's main business apart from 3G, moved its supply contract to another company, RCI Radius.


Sources

  • 21 January 2010: The Irish Times

Citation

Eurofound (2010), Sigma Telecom, Closure in Ireland, factsheet number 70422, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70422.