Oireachtas Joint and Select Committees
Wednesday, 5 June 2019
Joint Oireachtas Committee on Communications, Climate Action and Environment
National Broadband Plan: Discussion
Ms Michele Connolly:
That is what is outlined in the contract. The contract is explicit that it will be calculated as ten times what the average EBITDA is over the last three years of the contract and that the State will be entitled to 40% of it. The mechanism is in place and it is clear and transparent. It will be a mathematical calculation at the time.
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