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

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9:30 am

Mr. Peter Hendrick:

It comes down to risk. Shareholders' returns are based on the risk profile of a project. Investors in BT Openreach in the UK expect to get a return of between 8.3% and 12.3% on their investment. It really comes down to the construction and the take-up risk in a project.

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