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Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: The reason is that I asked about investors.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: NBI does not need those investors.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: In fairness, Mr. Hendrick was clear that he was talking post this. I accept some of what the Chairman said. Mr. Hendrick said NBI is looking for an investor that would want to invest long term. He might not be able to answer this question but is it fair to say that Oak Hill Advisors or whoever might not be that investor whereas somebody else with telecoms history might be?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: Or planning.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: Have a name.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: That is what they are looking for. They are looking for a major player.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: That is fair enough. I can see a logic to the profile of some of the investors. The fear was that some of them would not be long-term telecoms investors. I imagine that would need to happen as soon as possible. This point has been answered already but I just want to make it clear. Mr. David McCourt calls the shots on the basis of his voting rights.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: He has the majority. In the contract, it was not necessarily clear whether it was shareholders or whatever. Is it 100% on the basis of-----

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: That is 100%. NBI has put out the figures of 60,000 premises by the end of March and the 130,000 by the end of the year. Will there be a possibility of the latter figure being accelerated by June or is it too early to say now?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: I accept that. I am just making sure that these targets are put out there. The Minister said something about the figures for this year. NBI is talking about 100,000 to 130,000 premises, but it will be finalising that figure in the next two weeks.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: Is that a recalibration of everything else?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: I will be quick. Please excuse my lack of understanding. The Minister keeps talking about €2.1 billion. I am fed up listening to him going on about €3 billion, €5 billion and all the rest. The State is on the hook for €2.1 billion and then there is a figure of between €400 million and €500 million. What is the story with the contingency? How...

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: I get that. Regarding the encroachment, the witnesses mentioned that there was an algorithm that had to be carried out as regards costs. The Minister sounded clear in what he said but from listening to the witnesses, I assume the encroachment scenario is something that, from NBI's point of view, has not been determined yet. Perhaps someone could provide some detail. NBI has disputed the...

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: It is to be determined.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: That is fair enough and makes more sense.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: I would have said it had become more viable for Eir in certain places and that the pickup rate had increased since people started working remotely.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: I apologise for the multiple questions. Regarding the last percentage-----

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: I know. I will run through this. Regarding the last percentage where there is the possibility of using something other than fibre, has NBI considered anything? That last part can be the very expensive part. I will ask a short question after this one.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: I understand that NBI will probably only know some of this when it is at the end of the process and on the last mile. The major part of the acceleration involves rapid response teams. That is to be followed by Eir's Make Ready programme being faster, then the self-install product and anything else that needs to be done by local authorities. The witnesses have stated that, in a perfect...

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (27 Jan 2022)

Ruairí Ó Murchú: I imagine it is.

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