Eir stands to lose out on at least €125 million in revenues from the National Broadband Plan, and potentially much more, if ComReg proceeds with plans to cut wholesale rates for fixed-line telecommunications. It will also mean that National Broadband Ireland requires a lower subsidy leading to a cost saving for the Exchequer. Eir stands to lose out €125 million from reductions in leasing poles alone if the reductions proceed. An Oireachtas joint committee last year noted that renting equipment from Eir would account for a third of the National Broadband Plan’s total budget. Both the Department of Communications and National Broadband Ireland told The Irish Times they were aware of the European Commission’s comments on rate reductions.

Source: The Irish Times July 21, 2020 07:52 UTC