Mr. Denis O'Leary:

I think we are. Due to the shareholders' interests in SIRO, we are not totally divorced from the telecommunications business in Ireland. SIRO continues to grow and to be more relevant to the people whom it is serving, especially now that we have launched a gigabit project, to which we can see the reaction of customers. We have a telecoms business that will grow and prosper. It is a comfort to be no longer involved in the national broadband plan. That is important to board shareholders. I cannot speak to Vodafone's work programme but I know from talking to the managers in Vodafone that it has an extremely challenging programme in front of it, as do most telecoms operators. While the ESB has a challenging work programme, it is also an exciting time to be in the ESB. There is a significant focus on decarbonising the energy sector and on the electrification of transport and heat. We find ourselves at the centre of the key deliverables that have to be managed in the State over the next 20 to 30 years. It is essential for the Government and State to meet their decarbonisation targets. It is essential to the ESB to deliver its ambitious Brighter Future strategy. We have a full book. We are looking at the next decade to 20 years and at a challenging programme of work, not just for ESB Networks but also ESB generation and our consultancy and engineering wings. If the national broadband plan came in on top of that, it would probably not be possible to deliver everything and we would have to look at the priorities at that point. That we still have SIRO and are interested in growing it means that our involvement in the telecoms market continues.