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. Peter Hendrick:
The contract has been clear on the shareholders' investment, what was required, the gap funding requirement under the project and what the subsidy is paying for in terms of building and connecting premises. I suppose the obligation on NBI, our board and shareholders is to ensure we commercialise this network and have enough revenue to cover our costs and operations for the next 25 years.