As Asterion takes a 80% stake in NBI, what exactly does it mean for the rural broadband plan?
Asterion is to buy out the National Broadband Ireland shares of Oak Hill and Twin Point Capital. But it remains to be seen whether the new investors take a passive stance, or instead engage in an ‘industrial approach’
David McCourt has always been keen to stress that his involvement with the National Broadband Plan is a long-term commitment.
“If my estate inherited these shares, I’d be fine with that. I’d be fine to hold them for the duration [of the contract],” he told the Business Post last week.
McCourt, the face of the multibillion-euro plan, remains invested after the government signed a contract with him in November 2019 to deliver high-speed broadband to ...