Friday July 10, 2020

State subsidy leeway for broadband plan jumps by €800m

KPMG warned that costs submitted by top bidder Granahan McCourt were higher than government estimate, but details in its report were redacted

Michael Brennan

Political Editor

19th May, 2019
David McCourt of Granahan McCourt

The government was warned by experts that costs submitted by the preferred bidder for the national broadband project were “higher than expected”.

The Granahan McCourt consortium is to be awarded a government subsidy worth billions for connecting over 500,000 rural homes to high-speed broadband.

But an official report by KMPG for the government found that Granahan McCourt’s costs for building the network were higher than the Department of Communications had predicted, and that the...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

As the online debate on trans issues remains heated, those affected by them in the real world are calling for more support, space and understanding. But are their voices being heard?

Colin Murphy | 2 weeks ago

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 2 months ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 2 months ago