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Public Accounts Committee: Business of Committee (17 Jan 2019)

Seán Fleming: ...and I have been following this issue is that I am confused by the terminology. In document No. 1795 reference is made to the rationale for the State’s purchase of a €200 million stake in Enet:The Irish Infrastructure Fund, a domestic pension fund manager established by Irish Life Investment Managers, purchased a 78% shareholding in enet in 2017. [They have the share in...

Public Accounts Committee: Business of Committee (17 Jan 2019)

Seán Fleming: ...are three documents touching on the same organisation, namely, the Ireland Strategic Investment Fund, ISIF. On the rationale for extending maintenance of metropolitan area network contract with Enet, the earlier document stated:Enet was awarded the first Concession Agreement for an initial 15 year term in July 2004. In July 2009, following a further procurement process, Enet was awarded...

Public Accounts Committee: Business of Committee (17 Jan 2019)

Catherine Murphy: Of Enet.

Public Accounts Committee: Business of Committee (17 Jan 2019)

Seán Fleming: -----yes, Enet, by the Irish Infrastructure Fund. The Deputy has the email. Would she like to comment? I do not think we have received the information we required.

Public Accounts Committee: Business of Committee (17 Jan 2019)

Seán Fleming: There are two points there and the point the Deputy raises now is on the earlier letter, which was the metropolitan area network and Enet getting an extension to its maintenance contract.

Public Accounts Committee: Business of Committee (17 Jan 2019)

Seán Fleming: ...the reasons given by companies which exited the tendering process and a briefing note on the metropolitan area networks. That includes specific reference to the maintenance of MANs contracts with Enet and the roll-over of that contract. I know Deputy Catherine Murphy will want to speak on this. I want to let people know to which document we are referring. There is also an update on the...

Public Accounts Committee: Business of Committee (17 Jan 2019)

Seán Fleming: ...broadband providers. Eir has accepted the invitation to come in. Imagine has accepted. Siro has declined because it pulled out of the bidding process and did not want to get further involved. Enet has accepted and we are waiting to hear from BT. They are only assisting us as a committee with no knowledge of this technical area. They are just coming forward voluntarily as witnesses to...

Public Accounts Committee: Business of Committee (17 Jan 2019)

Seán Fleming: ...will read this document when we publish it, I want to highlight the reason Eir gave for withdrawing. That is in this document. The rationale for the State purchase of a €200 million stake in Enet is there. It continues to deal with the broadband plan. We will come back to that because it keeps referring to high-speed broadband. We have asked it to define what it means by that....