The European Commission (EC) has approved Ireland’s €2.6 billion (US$2.9 billion) National Broadband Plan (NBP), which will bring high-speed broadband to consumers and businesses in areas with insufficient connectivity.
The new network will support download speeds of at least 150 Mbps and upload speeds of at least 30 Mbps. EU Competition Commissioner Margethe Vestager said the plan would address the digital divide between urban and rural areas in Ireland, stimulating the development of a modern digital economy.
The decision to approve the state aid was welcomed by Ireland’s Communications Minister Richard Bruton. He said it would allow the Irish Government to proceed to signing the contract with National Broadband Ireland (NBI), which was appointed as the preferred bidder for the programme in May 2019.
The area to be covered by the NBP includes 1.1 million people and around 100,000 enterprises (54,566 farms and 44,000 businesses), as well as 695 schools.
Full Content: Telecom Paper
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Throws the Bag: Tapestry’s Capri Deal Blocked Over Market Monopoly Concerns
Apr 22, 2024 by
CPI
Italy’s Antitrust Authority Investigates Enel’s Communication of Energy Price Hikes
Apr 22, 2024 by
CPI
UK Data Regulator Uncovers Flaws in Google’s Privacy Sandbox Proposal
Apr 22, 2024 by
CPI
Japan’s Antitrust Body Orders Google to Amend Ad Search Practices
Apr 22, 2024 by
CPI
Senator Blackburn Blasts Ticketmaster Amid DOJ Probe
Apr 22, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI