Eir: Broadband rollout at risk in charges row
Company says shareholders are demanding profit on broadband investment
Eir has warned the government that its shareholders may no longer support increased investment in the telecoms network.
The company, which in April signed a deal with the state to bring faster broadband to 300,000 homes and businesses in rural areas, has concerns that the telecoms regulator may reduce wholesale charges, limiting Eir’s ability to make a return on the money it has spent rolling out fibre broadband.
However, in July, Eir’s chief executive...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures