Full coverage: National Broadband Plan

Rural provider Wireless Connect said it is now competing with National Broadband Ireland as a result of unfair mapping exercises by Irish authorities. The European Commission disagreed.

As the contractor to the National Broadband Plan reaches more rural customers, the resulting cash flows allows it to repay investors led by Spanish firm Asterion.

Spanish firm Asterion has revealed the terms of an earn-out clause following its acquisition of an 80 per cent stake in National Broadband Ireland from American investors.

X3T, which commercialises technology derived from Ireland's rural fibre roll-out, has announced its merger with a complementary British firm. The leadership teams of all entities overlap.

The National Broadband Plan’s contractor is speeding up the construction of its network and the connection of paying customers. An incentive scheme is fully funded to reward its senior staff.

Asterion, the majority shareholder of National Broadband Ireland, has also become the largest investor in a separate company established to commercialise related technology.

The investors brought along by David McCourt since he won the National Broadband Plan contract are forming a new company to commercialise related technology and turn the team who developed it into a permanent “centre of excellence”. Strict procurement rules apply.

As National Broadband Ireland started to connect rural customers to the new state-subsidised network last year, it also plugged its management team into a new share-based compensation scheme.

A Spanish investment firm is buying out the hedge fund managers that bankrolled the State’s rural broadband contractor, providing longer-term backing. What do we know about the terms of the deal?

National Broadband Ireland and the government have decided to lift the veil of secrecy surrounding the rural connectivity plan, answering The Currency’s questions last week. Rules applicable to listed companies could helpfully replace such ad-hoc disclosures on public-private partnerships.