“Let’s get after Eir”: Peter McCarthy on his journey, the BT deal, and failing regulation

“Let’s get after Eir”: Peter McCarthy on his journey, the BT deal, and failing regulation

“Let’s get after Eir”: Peter McCarthy on his journey, the BT deal, and failing regulation


Peter McCarthy has lived several lives in business.  He started out selling cars in the late 1980s, drifted into restaurants and various trading ventures, bet big on property, worked with Denis O’Brien at Esat, and worked on fibre networks in the Caribbean.  He rode the property boom, only to be wiped out by the crash. “The banking crisis destroyed me. Absolutely destroyed me,” he says now.  “I ended up back down to my house. Everything had to be sold. PGs [personal guarantees] had to be paid, and I’m very happy I can sit in front of you and tell you…