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.
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?
Bruno Candès is a partner at the French private equity firm that owns the Mater Private Hospital, a group of 14 nursing homes and has just agreed to buy half of eir’s fibre network. He explains why Irish infrastructure fits Infravia’s strategy.
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.
Two months after National Broadband Ireland’s first accounts raised multiple questions, the company sits down with The Currency and provides answers including its full list of shareholders and the conditions attached to controversial loan funding.
The government has been at pains to answer questions from the opposition on the capital structure of National Broadband Ireland. Misrepresentation of The Currency’s reporting did not help clarify matters.
The unsteady financial structure of National Broadband Ireland is set to undergo scrutiny in the Dáil as it continues to collect subsidies from a maximum €2.97 billion pot of taxpayers’ money.
Potentially valued at €1.5 billion, Virgin Media Ireland's mobile and broadband footprint have been weakening. So who might buy the company, and what would a sale mean for the future of Ireland's broadband and telecom market?
Cable and Wireless has just placed its Dublin subsidiary into liquidation. With no employees, the special-purpose vehicle had raised bonds worth $1.4 billion to fund communication networks across the Americas.
The founder of Tesla and SpaceX is working on ambitious plans to bring fast and cheap broadband to the world – and he has just got an Irish licence. As the country prepares to invest billions in building broadband infrastructure, could there be another way?
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