Eir: Broadband rollout at risk in charges row

Company says shareholders are demanding profit on broadband investment

24th September, 2017
Eir’s chief executive Richard Moat

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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