State seeks state aid approval for broadband plan
Published 26/04/2015 | 02:30
The State has begun talks with the European Commission to seek state aid approval for its subsidised broadband plan, the Government's chief digital advisor has said.
The National Broadband Plan will spend €500m of taxpayers' money on subsidising high-speed broadband in areas where it would otherwise not be profitable for companies.
"The application for state aid approval is in construction, the early conversations with the Commission are happening," said Stephen Brennan.
A public consultation on the plan will be held this summer, tendering will take place at the end of the year and construction will begin at the end of 2016, he added.
In an article of April 12 last, we wrongly said that Ward Biotech and Ward Research & Development were set up by Tony Ward. It should have said Paul Ward.
Tony Ward is head of fundraising with the charity Fighting Blindness and has no involvement or connection with either of these companies or with the company 60 Minute Innovation.
We take this opportunity to correct the record and we apologise for the error.
Sunday Indo Business