Oireachtas Joint and Select Committees
Wednesday, 29 June 2022
Joint Oireachtas Committee on Transport, Tourism and Sport
National Broadband Plan Update: National Broadband Ireland
Mr. Peter Hendrick:
The subsidy is capped at €2.6 billion. There is no additional subsidy and any shortfall in our ability to manage our costs or to drive the revenue falls to equity. Of that €2.6 billion, €2.1 billion is associated with the build and rent of the network. That includes the connections. There is a €500 million contract assumption or contingency subsidy.
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