Enet, the concession holder for the state-owned wholesale broadband networks in cities and towns outside Dublin, recorded a charge of over €5 million for incentives paid to directors and executives over time. This cost was booked in 2022 but is only apparent now that financial information is available from group company e-Nasc Éireann Teoranta for last year, showing that a spike in payroll costs in 2022 was a once-off. The company holds the public concession to operate the high-capacity metropolitan area networks (MANs) in 94 cities and towns across the Republic until 2030. It makes the shared infrastructure available to…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.

Subscribe

Cancel at any time.

Are you already a member? .