Tuesday, 21 May 2019

Questions (497)

Barry Cowen

Question:

497. Deputy Barry Cowen asked the Minister for Communications, Climate Action and Environment the liability of companies (details supplied) for the execution of the national broadband plan contract; and if he will make a statement on the matter. [21690/19]

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Written answers (Question to Communications)

Granahan McCourt Dublin (Ireland) Limited and Tetrad Corporation are the investors responsible for providing all of the equity, working capital, performance related security and project deliverables. The contract for the delivery of the National Broadband Plan will be signed with National Broadband Ireland (NBI) whose ultimate parent company will be Granahan McCourt Dublin (Ireland) Limited. NBI is a new Company set up for the purposes of delivering the NBP.

National Broadband Ireland will be responsible for delivery of the contractual obligations under the contract.