Timmy Dooley (Clare, Fianna Fail) | Oireachtas source

This question relates to the companies which may be providing the financial backing to the national broadband plan. In response to a parliamentary question tabled by Deputy Cowen, Fianna Fáil received the following answer:

The holding company and Granahan McCourt Dublin (Ireland) Limited will have agreements in place with the ultimate investors, Granahan McCourt Dublin (Ireland) Limited, Tetrad Corporation and McCourt Global LLC., in respect of both corporate governance and equity funding for the project.

However, it was reported in this week's edition of The Sunday Times that McCourt Global is not an investor. I ask the Minister to tell us which is the case.

See this speech in context