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.
Asterion, the majority shareholder of National Broadband Ireland, has also become the largest investor in a separate company established to commercialise related technology.
The scientist, entrepreneur and non-profit founder has raised seed capital for Edgeliot, his new venture which is preparing to deploy its devices on telecommunications towers across Ireland to tackle climate change and let them operate better.
Businessman Denis O’Brien is poised to lose a majority stake in his heavily-indebted Digicel telecoms group to bond creditors. But what is the estimate of Digicel’s equity value, and the size of O’Brien’s stake?
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.
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