Ownership model of broadband infrastructure is short-sighted – Stanley
Sinn Féin spokesperson on Communications Brian Stanley TD has expressed his disappointment at the short-sighted National Broadband Plan ownership model which has been adopted by the Government.
Deputy Stanley stated:
“The announcement today by the Minister that he intends to hand over one of the States most priceless assets to a private company is disappointing and extremely short-sighted.
“Minister Denis Naughten has correctly acknowledged that the rollout of High Speed Broadband across the country is project that’s scale and significance is on a par with the rural electrification of Ireland in the last century.
“It is therefore unfortunate that the long-term benefits of this investment will not be given back to the citizen.
“These networks will only increase in value in the future as more and more people and business become connected.
“We have seen the folly of handing away such valuable assets in the past.
“Eircom infrastructure was modernised using public money in the 1980’s before being sold off to vulture capitalists who did not put in the same level of investment, resulting in a telecommunications system which did not keep up with modern standards.
“Only state ownership can guarantee this service is maintained at the highest levels for the benefit of the vast majority of the people.”