Oireachtas Joint and Select Committees

Thursday, 10 February 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters

9:30 am

Mr. Ciarán Ó hÓbáin:

The gap subsidy is on the basis of a gap-funded model. That €2.6 billion is an element of the overall revenue that the company will require over a 25-year period, and that has been modelled. The rest of the revenue for that will basically come from commercial revenues when this is operating.

The Chairman referred to a 30% take-up, which is fantastic at this stage in terms of the build programme for something that has been in place for a few months. The expectation is the take-up will be significantly in advance of that.

Comments

No comments

Log in or join to post a public comment.