Oireachtas Joint and Select Committees
Wednesday, 22 May 2019
Joint Oireachtas Committee on Communications, Climate Action and Environment
National Broadband Plan: Discussion
Brian Stanley (Laois, Sinn Fein) | Oireachtas source
We now know that the chosen model requires a subsidy to the tune of €1 billion for the rental of the poles. The Minister said it would cost €1 billion but Mr. Ó hÓbáin said today that it would cost €0.9 billion over 25 years in rent. If the ESB model had been used, the infrastructure would have been in place. The taxpayers will subsidise the project to the tune of almost €3 billion, of which €1 billion or almost €1 billion will be spent on the model that the Department will use which, in turn, will go to the company called Eir, which was purchased by a French investor about two years ago. Is that correct?
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