A further €500 million to be invested by eir into fixed broadband network
The infrastructure will provide 1.4 million homes with a faster fibre connection.
eir has today announced it will invest a further €500 million into their fixed broadband network, bringing faster speeds and better connection to 1.4 million home around Ireland - that includes every town with more than a 1,000 homes.
It is anticipated that the rollout will begin later this year and will take five years to complete with the investment tipped to deliver speeds of up to 10Gbps.
This is a significant increase for households who already have an eir fibre to the cabinet connection, but unfortunately it won’t deliver the same fibre product to rural households who do not already have this connection. The National Broadband Plan (NBP) will have to be rolled out first in order for these premises to receive the fixed broadband network.
However, eir have already been working towards connecting 335,000 rural homes with their fibre to the home rural rollout which is expected to be completed in June 2019.
This move from eir is set to rival other providers like Sky and Virgin Media who are already working hard in this space to provide fibre broadband to more households across Ireland.
Speaking of today’s announcement, eir CEO Carolan Lennon said, “I am delighted to announce this substantial investment of more than half a billion euro, which is a key step in the evolution of eir’s network, and indeed of the entire telecoms infrastructure in Ireland.”