Three Ireland plans to spend €100 million a year on the rollout of its 5G network as it prepares to go live with the new technology over the next 12 to 24 months, chief executive Robert Finnegan has said. In an exclusive interview with Inside Business, a podcast from The Irish Times, Mr Finnegan said 5G could “provide access to really, really fast broadband in rural areas where people want it”. “5G will take that even further and it’s almost like real time. Three’s Hong Kong parent company, CK Hutchinson Holdings, has so far invested €1.8 billion to date in Ireland. He added that the company was “profitable at the moment and we expect it to be profitable going forward”.

Source: The Irish Times February 15, 2018 06:00 UTC