Results 21,181-21,200 of 26,162 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: To date, €120 million of the €223 million has been invested.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: How much of that is coming from David McCourt himself and his investment?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: What percentage of NBI do they own?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: The balance then is 80%.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: That 80% is what is currently the subject of discussions in terms of it being sold by Oak Hill Advisors and Twin Point Capital, which are basically funds.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: They are selling their 80% stake. Is that different in profile from the 20% held by the McCourts?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: The question I am asking really is in respect of the commitments in terms of funding that are currently in place with Twin Point Capital and Oak Hill Advisors. In terms of the taxpayer, does NBI have that guarantee or security of its funding model to enable it to do the roll-out if they sell to another third party?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: In terms of Oak Hill Advisors and Twin Point Capital, have they to date given any funding from the €120 million?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: It is the same with the McCourts, they would have provided funding in proportion with their equity.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: Has any communication gone to the Department of the Environment, Climate and Communications or the Minister, Deputy Eamon Ryan, as yet?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: When is that anticipated to come through?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: I thank Mr. Hendrick. I want to get a full understanding of how it is done. At the moment, what percentage of the roll-out in terms of the poles, cable and ducting is carried out by Eir?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: Is that not 90%?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: Is that Eir's poles?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: Does "overhead" relate to poles?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: What is the portion?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: What I want to understand is NBI's capacity at the moment in terms of its current arrangement with Eir to speed up the roll-out and, if the self-install comes in, what scope will that provide in layman's terms? That is really the point I am trying to get to.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: When we speak about the self-install, are we talking about the 25%?

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: Yes, but in terms of-----

Joint Oireachtas Committee on Transport, Tourism and Sport: National Broadband Plan Update: National Broadband Ireland (29 Jun 2022)

Kieran O'Donnell: Is that 2,500 km with poles?