Results 721-740 of 10,962 for speaker:Timmy Dooley

Seanad: Circular Economy, Waste Management (Amendment) and Minerals Development (Amendment) Bill 2022: Committee Stage (30 Jun 2022)

Timmy Dooley: I move amendment No. 52: In page 22, line 22, after “suitable” where it secondly occurs to insert “recyclable”.

Seanad: Circular Economy, Waste Management (Amendment) and Minerals Development (Amendment) Bill 2022: Committee Stage (30 Jun 2022)

Timmy Dooley: We can report that the progress is good.

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

Timmy Dooley: I thank our guests for their presentation. I am sorry that I had to leave for a vote so I missed some of the meeting. We might pick back through and help me to understand some things. Following on from the conversation about the switching out of certain shareholders, is that just a replacement of shareholders that were there at the start? Is that the purpose? Is it just that there are...

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

Timmy Dooley: It is not to provide any additional capital or access to funding. It is merely a shareholder sale; a swap-out.

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

Timmy Dooley: That others have had. Maybe Mr. Hendrick cannot share this for commercial reasons but shareholders now exiting are effectively engaged in a grey market share sale, for want of a better term. Are they gaining?

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

Timmy Dooley: They would not have received any dividends to date.

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

Timmy Dooley: It includes those who were passive shareholders.

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

Timmy Dooley: They have offered their shares for sale. Does National Broadband Ireland have to get involved in that a lot?

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

Timmy Dooley: There is clearly confidence if others wish to come into play now. It is not those with the greatest risk portfolio that are coming in now; they were there at the beginning. They hope to see a return from it. One would expect that they do anyway. It is either that or they are giving up and walking away, which they are clearly not if somebody else is prepared to invest. Is it fair to...

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

Timmy Dooley: I do not expect a number. They are not making a loss.

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

Timmy Dooley: That at least indicates there is a group of shareholders who have confidence in what has happened to date. That is positive news.

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

Timmy Dooley: There is an additional benefit to their presence.

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

Timmy Dooley: That is helpful. I know there was discussion about the timeline. It was originally five years. I thought it was always seven in truth. Covid then interfered with that. Mr. Hendrick identified a couple of things that the company has done. It has taken on additional staff and contractors. It is looking for a decision on the self-build. Is that the greatest extent to which it can go to...

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

Timmy Dooley: Are poles and ducts the biggest inhibitor?

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

Timmy Dooley: I hate getting into granular detail because I am sure NBI has figured this all out internally. I see plenty of areas where there seems to be no issue with poles or where ducts have already been prepared. One can see the new white piping come through. Someone has already completed the make-ready part, yet one does not see-----

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

Timmy Dooley: Is the assumption that NBI will be coming through fairly quickly?

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

Timmy Dooley: When I see those white ducts, Eir has been contracted to do that. It hands that to NBI, which then blows the fibre through that. In terms of the self-build, is NBI seeking to install the initial subduct?

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

Timmy Dooley: It is along the main line. It is not the ducting into the house per se.

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

Timmy Dooley: NBI can do that as it stands.