Oireachtas Joint and Select Committees

Thursday, 27 January 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

National Broadband Plan Update: National Broadband Ireland

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I ask Mr. Hendrick to break that down. There is €1.1 billion to build the network and €900 million to release or rent equipment, which would obviously be with the network through 25 years. That is €2 billion. There is a contingency of €500 million. Mr. Hendrick is putting the cost at €2.5 billion. Who is financing that?

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