Results 7,441-7,460 of 26,021 for speaker:Kieran O'Donnell

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

Kieran O'Donnell: So the €2.5 billion on top, to bring it up to €5 billion, is covered by NBI.

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

Kieran O'Donnell: Under state aid rules, NBI can only get 92% of the build out costs which is 92% of €2.6 billion, or roughly €2.5 billion.

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

Kieran O'Donnell: On encroachment, what value has been assigned to the subsidies paid to NBI?

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

Kieran O'Donnell: If any of that €100 million is claimed or paid to NBI, when would it happen?

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

Kieran O'Donnell: NBI may claim subsidies from the State but what mechanism determines the subsidies that can be drawn down? What level of subsidies have been received since the start of January 2020?

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

Kieran O'Donnell: Taking this to the logical conclusion, the State is providing funding of 92% of the cost of the roll-out. That goes to NBI to roll out a network that would not have been rolled out to rural areas without State support. Mr. Hendrick mentioned the next matter in his briefing note. Under project costs, it states: 6.3 Granahan McCourt incurred significant costs during the bid stage, in...

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

Kieran O'Donnell: Will the witnesses deal with this in the context of the requirement for the €100 million that appears to have come in virtually on the same day, 9 January? It was €2 million of equity and €98 million of unsecured loans. We know they are at 12% interest. Will Mr. Hendrick deal with that point?

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

Kieran O'Donnell: Is the figure correct?

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

Kieran O'Donnell: Was that discussed with the Department and always the understanding?

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

Kieran O'Donnell: Was there any question the initial cost could be regarded as equity in NBI as distinct from being repaid to Granahan McCourt?

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

Kieran O'Donnell: That was always the understanding with the Department.

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

Kieran O'Donnell: Under the contract, could any investor funds be used for this purpose?

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

Kieran O'Donnell: It was never a question-----

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

Kieran O'Donnell: It was not allowed.

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

Kieran O'Donnell: I want to get back to where we are now in the roll-out. I am correct in saying, in layman's terms, that the target to the end of January this year was 115,000 premises passed. To date that number is approximately 38,000 and it is expected to be approximately 60,000 by the end of March. It is expected to be 130,000 by the end of this year. Is that correct? Many figures have been bandied about.

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

Kieran O'Donnell: The number of premises surveyed is approximately 290,000, or more, now. What is it expected to be by the end of the year?

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

Kieran O'Donnell: That would be 70% of all premises to be surveyed.

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

Kieran O'Donnell: The number of premises under design is approximately 253,000 currently. What is that expected to be at the end of the year?

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

Kieran O'Donnell: What percentage is that?