State aid clearance by the European Commission will almost certainly be required to guarantee public funds are not substituting for potential private sector investment.
Preparation of that application is to start straight away, and the public funding may come from either the exchequer, the sale of State assets or other sources such as the National Pension Reserve Fund.
The Coalition is committed in the programme for government “to provide next generation broadband to every home and business in the State”. The plan being announced will set out the “policy and investment framework” to deliver this commitment.
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