Oireachtas Joint and Select Committees

Tuesday, 28 May 2019

Committee on Budgetary Oversight

National Broadband Plan: Minister for Public Expenditure and Reform

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

The Minister said that the overall development cost is about €5 billion, the State will have to put in up to €3 billion and the consortium's initial contribution is €220 million between working capital and equity. Is it envisaged that the balance will principally come from service charges?

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