Enet chief steps down before broadband contract is awarded
The chief executive of Enet, Conal Henry, has announced that he is to step down from the group months before the awarding of the Government’s broadband contract.
Enet is the last remaining bidder for the Government's flagship rural broadband plan after Eir's surprise withdrawal from the process earlier this year.
Announcing his decision to step down on Twitter last night, Mr Henry said that after 12 years the time had come for him to hand over the reins.
"I’m so exceptionally proud to have been associated with this great company. Thanks." he tweeted.
The State-subsidised rural broadband scheme promises to connect 540,000 homes and businesses to high-speed internet services over the next four years.
In a statement in January, Eir blamed ComReg for withdrawing from the process, citing new "uncertainty" over pricing in Ireland.
The National Broadband Plan, which promises to provide every rural dwelling with high-speed internet, has been hit by delays since it was touted in 2012.
Last year, 78pc of Enet was acquired by the Irish Infrastructure Fund (IIF), while the remaining 22pc is held by Granahan McCourt Capital — led by Enet head David McCourt, as well as the private family fund of Berkshire Hathaway board member Walter Scott.
Enet’s partner for the national broadband plan is SSE, which has invested over €2bn since 2008 in energy infrastructure in Ireland.
Independent.ie has contacted Enet for comment.