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Govt slammed for privatisation of National Broadband Plan

written by Stephen Maguire May 8, 2019
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Thomas Pringle has criticised Fine Gael for what he calls “a continuation of the Political Party’s failure to deliver national infrastructure projects for the people of Ireland”.

The Independent TD for Donegal made the comments following the Department of Communications revealed that the National Broadband Plan increased from €1bn to €3bn between December 2015 and April 2018.

The final figure was crystalised following more than 400 meetings between senior officials with potential bidders regarding the level of market risk they would be prepared to take and the amount of money they would invest.

Under the revised plan, passed by Cabinet today, 1.1 million people will receive high-speed broadband within seven years under a build and operate contract which runs for 35 years.

Speaking on Wednesday, Pringle said: “Fine Gael’s latest move on the National Broadband Plan reveals their inability to manage fiscal projects in this country.

“Once again Fine Gael are dedicated to giving away one of the few state-owned national infrastructure projects to the private sector, and we are paying €3b for that privilege.

“This is ludicrous thinking and is a tell-tale sign of Fine Gael’s incapacity to Govern with one failed scheme after another now part of its legacy.

“It is ironic that Fine Gael are seeking the rural vote by announcing the go-ahead of the Plan this week. I think people will see through this because they have waited long enough and have witnessed enough scandal throughout the National Broadband Plan’s progression.

“I know that the question on most people’s minds is what would I have done differently? I would say that considering the money we are putting into the National Broadband Plan we would be better off having bought out Eir to begin with, then rolling out the infrastructure across Ireland.

“That way the public would own the broadband infrastructure and its provider outright and could have done this in a timely manner.

“The problem is that Eir was allowed compromise the process when they absorbed over 300,000 homes making the National Broadband Plan unviable and in limbo as a result.

“Fine Gael’s mismanagement of the process means we are left with one bidder, a consortium and without any knowledge of what the private companies are bringing to the table in terms of investment. Furthermore, the infrastructure is at risk of being sold off over and over again losing the value of the asset each time it changes owner.

“Unfortunately this is the stage the National Broadband Plan is at given that Fine Gael and Fianna Fail are in power. However, big questions remain and we need to know what the bidder is contributing to this project.

“If we are gifting our public infrastructure to a small consortium of private investors they will be in the business of maximising their own profits.

“We need assurance that the needs of people and those in rural Ireland will be met and I will be looking for answers on the role of Fine Gael and the consortium in all of this.”

Govt slammed for privatisation of National Broadband Plan was last modified: May 8th, 2019 by Stephen Maguire
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Stephen Maguire

Stephen Maguire is the co-founder of Donegal Daily. He has worked as a reporter for almost 30 years starting locally with the Donegal Peoples Press before moving to the Mirror Group. He continues to contribute daily to national media outlets including the Irish Times, RTE, the Irish Independent, Irish Sun, Irish Mirror, Irish Star, the Daily Mail and the Examiner.

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