Business Technology

Friday 22 August 2014

Broadband key to 85pc of IDA-created jobs

Sarah Stack

Published 09/05/2014 | 02:30

  • Share
Eight out of 10 jobs brought to Cork by IDA Ireland are connected to the State's high-speed broadband network
Eight out of 10 jobs brought to Cork by IDA Ireland are connected to the State's high-speed broadband network

More than eight out of 10 jobs brought to Cork by IDA Ireland are connected to the State's high-speed broadband network.

  • Share
  • Go To

Researchers said data from the city reveals the positive impact local Metropolitan Area Networks (MAN) are having on industrial development and job creation in the regions.

The IDA announced a total of 6,820 jobs for Cork-based foreign direct investment (FDI) between 2004 and 2013.

More than 5,800 – over 85pc – are in companies connected to the local MAN, which has been running since February 2004.

"The MANs programme was developed to bring greater platform competition for the delivery of telecoms in regional Ireland," said Conal Henry of enet, which operates the scheme and led the study.

"You have to remember that when the MANs were launched, they addressed the problems with the single supplier monopoly that had previously existed by creating a completely alternative network.

"Importantly, the MAN are operated in an open-access fashion, meaning that all telcos can have access," he said.

"This model is contrary to the exclusive way that traditional operators' networks functioned and allows for competition."

The programme involves rolling out high-speed fibre broadband across 94 cities and towns nationwide – with 28 completed in phase one and 66 under way as part of phase two.

IDA's Leo Clancy said high-speed broadband connectivity was as important as water, light and heat for modern businesses.

Irish Independent

Read More

Editors Choice

Also in Business