Dáil debates
Thursday, 27 January 2022
National Broadband Plan: Statements
1:45 pm
Ossian Smyth (Dún Laoghaire, Green Party) | Oireachtas source
The ownership and the control of NBI are very specifically detailed in the contract. Ownership is defined there and control is defined there. NBI, if the Deputy is wondering about the dividends, is not a profitable company. It starts to make money when it connects a lot of people. Until a lot of homes are being connected, it will not be in profit. Metallah Limited is the holding company. NBI Infrastructure DAC, which is party to the project agreement with the Minister for the Environment, Climate and Communications, is the entity responsible for the overall national broadband project. Finally, NBI Deployment DAC is the party to a subcontract with NBI Infrastructure DAC under which it is responsible for the design and build of the national broadband network.
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