Revealed: the multiple firms at the centre of NBI’s financial labyrinth | Business Post

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Amid growing unease over the scale of the investment by its backers in the controversial multibillion National Broadband Plan, this newspaper can reveal exclusive details of investment and ownership. Peterodwyer1 reports.

David McCourt’s investment and control of National Broadband Ireland is not what we have been led to believe: the man at the helm has a 2.7 per cent share of NBI. Picture: Claire Wood

David McCourt, the US businessman, has long been the face of the state’s multibillion-euro National Broadband Plan. His has been a constant presence throughout years of negotiation and the first two years of delivery of the government’s ambitious plan to provide 1.1 million people with a high-speed internet connection by the end of 2026.

That steady presence has been maintained despite repeated changes in the make-up of those vying to be granted the...

 

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peterodwyer1 ‘Growing unease’ is putting it mildly

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